Greeks Stop Paying Taxes Ahead Of Elections

[singular_me]

joker... juncker

-------------------------------------------
Greeks Stop Paying Taxes Ahead Of Elections As Central Bank Scrambles To Halt Bank Run Rumors
The Event Chronicle on January 14, 2015

(Zero Hedge) In what appears to be a desperate attempt to boost confidence in a failing financial system taken right out of the 2011/2012 playbook, over the weekend the National Bank of Greece had its latest “subprime is contained” moment and loudly announced that “the situation with deposit outflows from the country was under control” as it tried to reassure markets ahead of a Jan. 25 snap election, reports Kathimerini.

Why the urge to frontrun concerns of bank runs? Simple: the Greek media reported that there have been significant deposit outflows in recent days due to political uncertainty two weeks ahead of early elections.

Opinion polls show that the radical leftist Syriza party maintains its lead over the ruling conservatives..........

Most taxpayers have chosen to delay their payments, given that the positions of the two main parties leading the election polls are diametrically opposite: Poll leader SYRIZA promises to cancel the ENFIA and even write off bad loans, while ruling New Democracy acknowledges the difficulties but is avoiding raising issues that would generate problems and fiscal consequences...............

Speaking to Kathimerini, a top ministry official confirmed the major slowdown in the rate of applications for debt settlement, and referred to post-election consequences from the shortfall in state revenues. The tax collection mechanism appears to be largely out of action while expired debts are swelling due to taxpayers’ wait-and-see tactics and the reduction in inspections. The same official pointed out that it is normal for revenues to lag during election periods, adding that this time there is no scope for shortfalls.

more
http://www.theeventchronicle.com/news/europe/greeks-stop-paying-taxes-ahead-elections-central-bank-scrambles-halt-bank-run-rumors/

---------------------------------------------------------------------------


European Commission President Jean-Claude Juncker
http://photocdn4.itar-tass.com/width/744_b12f2926/tass/m2/en/uploads/i/20150119/1079067.jpg

jan 19
Greece should pay its debt in full, regardless of the outcome of the upcoming January parliamentary election, and continue with the negotiated reforms, Chairman of the European Commission (EC) Jean-Claude Juncker said on Monday.

“The new Greek government must take on the previous obligations, to stay the course of the reforms and be financially responsible,” said Juncker. “Europe will continue to support Greece but it is expected that Athens will stick to the promises made to its partners,” he added.

In turn, International Monetary Fund (IMF) Managing Director Christine Lagarde, commenting on the intention of the Greek opposition party, the Coalition of the Radical Left forces (SYRIZA) to write off some of the national debt, by saying that these attempts will “have an impact on trust” between the lender and the borrower.’',.............
http://itar-tass.com/en/economy/771962

[Serpo]

I dont think they have ever been that keen .....................on paying taxes

[Neuro]

It is funny with fiat systems, they are only based on the confidence of the holders of that debt, once a critical confidence threshold is reached the confidence evaporates very quickly!

[singular_me]

will we soon read that she died in a plane crash?

--------------------------
Greek election: Rena Dourou of Syriza poised to sweep away austerity
“Is it really right for thousands of people to commit suicide because of austerity policies?" asks Syriza's most senior politician ahead of Sunday's general election

‘After her mother’s pension was cut over 30 times, Rena Dourou knew that Greece could no longer cope with austerity.

Now, as Syriza, her political party, leads the polls ahead of the country’s general election on Sunday, she stands ready to reverse the five years of pain imposed by the European Union.

“Since the beginning of the implementation of the austerity policies, many people have had the experience of becoming second-class citizens, with no access to health care or education,” she said.

“We want to create a shield of protection for the most vulnerable.”’

http://www.telegraph.co.uk/news/worldnews/europe/greece/11361349/Greek-election-Rena-Dourou-of-Syriza-poised-to-sweep-away-austerity.html

[Ares]

will we soon read that she died in a plane crash?

--------------------------
Greek election: Rena Dourou of Syriza poised to sweep away austerity
“Is it really right for thousands of people to commit suicide because of austerity policies?" asks Syriza's most senior politician ahead of Sunday's general election

‘After her mother’s pension was cut over 30 times, Rena Dourou knew that Greece could no longer cope with austerity.

Now, as Syriza, her political party, leads the polls ahead of the country’s general election on Sunday, she stands ready to reverse the five years of pain imposed by the European Union.

“Since the beginning of the implementation of the austerity policies, many people have had the experience of becoming second-class citizens, with no access to health care or education,” she said.

“We want to create a shield of protection for the most vulnerable.”’

http://www.telegraph.co.uk/news/worldnews/europe/greece/11361349/Greek-election-Rena-Dourou-of-Syriza-poised-to-sweep-away-austerity.html

If any of her policies (sorry haven't read the article, busy at work today. :) ) involve staying in the European Union she's bought and paid for by the EU bureaucrats.

[Neuro]

If any of her policies (sorry haven't read the article, busy at work today. :) ) involve staying in the European Union she's bought and paid for by the EU bureaucrats.
I think the main policy is to default on EU debt... Which I can't imagine could mean anything apart from a departure from the Euro for Greece, but Greece could still be a part of European Union (I suppose...)

[singular_me]

greek aftermath???
-------------------------
Bill threatens 600,000 euro fines for protesting in Spain


https://www.youtube.com/watch?x-yt-ts=1421914688&v=cWBu72BMi9E&x-yt-cl=84503534

[singular_me]

‘While most of the world (at least the 99 percenters) are congratulating Greeks at the dawn of their new age of dignity, the Jerusalem Post warns that victory for Syriza is bad news for Israel. Upon reading the article, I could see why they’re concerned:

“Alexis Tsipras’ party colleagues and his own inner circle have repeatedly attacked Israel and the “Zionists” claiming that they are not anti-Semitic, just ”anti-Zionist.” Syriza’s former head, Nikos Konstandopoulos, has consistently offered his services as a defense lawyer for convicted and alleged Arab terrorists who have been arrested in Greece.

Last year, Tsipras stated that ‘’the world should make every possible effort so that Israel ends its criminal attack and brutality against Palestinians.’’

http://shareverything.com/2015/01/26/whats-good-for-greece-is-bad-for-israel/

[singular_me]

sure, something to expect now

EU calls on Greece’s new leaders to stick to austerity
Officials in the European Union have warned Greece’s new leaders that they must stick to the country’s previous financial commitments.

A spokesman for German chancellor Angela Merkel ON Monday took a tough line at Greece’s new leaders, urging them to make efforts to improve the country’s economic situation.

"In our view it is important for the new government to take action to foster Greece's continued economic recovery," Steffen Seibert told reporters.

Merkel, who is seen as the paymaster of eurozone bailout packages, had previously warned that the new government in Athens must honor the country’s international agreements.

"That also means Greece sticking to its previous commitments," Merkel’s spokesman said........

http://www.presstv.ir/Detail/2015/01/26/394838/EU-urges-Greece-to-meet-commitments

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OPERATION GLADIO: A Warning to Syriza and Greece?
January 26, 2015

It has not been an easy first day in office for Greece’s newly elected anti-austerity party Syriza.

Two Greeks and eight French were killed when a “Greek F16 fighter jet crashed at Albacete airbase in central Spain”. The jet was taking part in a training exercise in a “Tactical Leadership Programme of NATO”.

Syriza’s election represents a direct attack on Anglo-American and NATO aims for the world; as their anti-austerity policies reject the financial oligarchy’s IMF. A definitive analysis has been assembled detailing how Hollande’s recent change in rhetoric, refusing to demonize Putin in particular, could have posed a strong motive for the recent attack in Paris.

Such a theory is not beyond the realms of possibility. One only needs to look towards Operation Gladio, a NATO stay-behind operation during the Cold War that sought to ensure Communism was never able to gain a foothold in Europe; by supporting radical right-wing groups to suppress, through acts of terrorism, any attempts of Communist groups to acquire power.

This historical context, combined with the rise of anti-Western financial oligarchy Syriza party in Greece, makes this jet crash “accident” a story that could potentially just be the tip of an approaching iceberg. Is this Operation Gladio back in action once again; sending a message to Greece that their policy direction needs to remain in favour of Western financial interests? Unfortunately for NATO, it is not only the Greeks they have to deal with as the world begins to turn on Western oligarchy.

more
http://21stcenturywire.com/2015/01/26/operation-gladio-a-warning-to-syriza-and-greece/

[palani]

Tempest in a teapot.

The Greeks are well able to do what you or I are able to do when it comes to debts.

When presented with a request for payment you endorse the backside of the instrument and send it back. You haven't refused to pay. It is the refusal to pay that is dishonorable and which will lead ultimately to war.

Now what the requestor is going to do with an endorsed bill is entirely his action. YOU (or Greece) has done what is possible for them to do.

Fact is .... NOBODY has paid a bill since 1933 when all the countries of the world decided that the gold standard was obsolete. WHY PRETEND?

[singular_me]

Greece’s new dream team vows to defy foreign creditors

‘In a taste of what lies ahead, Yanis Varoufakis, the flamboyant new finance minister, said on his way to the government’s swearing-in ceremony that negotiations would not continue with the hated troika of officials representing foreign lenders.

“They have already begun but not with the troika,” said Varoufakis, an economist who has disseminated his anti-orthodox views through blogs and tweets almost daily since the debt crisis exploded in Athens in late 2009 – something he promised on Tuesday to continue to do. “The time to put up or shut up has, I have been told, arrived,” he wrote on his blog. “My plan is to defy such advice.”’


http://shareverything.com/2015/01/28/greeces-new-dream-team-vows-to-defy-foreign-creditors/
and
http://www.theguardian.com/world/2015/jan/27/greece-alexis-tsipras-syriza-cabinet

[Neuro]

Greece’s new dream team vows to defy foreign creditors

‘In a taste of what lies ahead, Yanis Varoufakis, the flamboyant new finance minister, said on his way to the government’s swearing-in ceremony that negotiations would not continue with the hated troika of officials representing foreign lenders.

“They have already begun but not with the troika,” said Varoufakis, an economist who has disseminated his anti-orthodox views through blogs and tweets almost daily since the debt crisis exploded in Athens in late 2009 – something he promised on Tuesday to continue to do. “The time to put up or shut up has, I have been told, arrived,” he wrote on his blog. “My plan is to defy such advice.”’


http://shareverything.com/2015/01/28/greeces-new-dream-team-vows-to-defy-foreign-creditors/
and
http://www.theguardian.com/world/2015/jan/27/greece-alexis-tsipras-syriza-cabinet
It would have been better for Greece and Europe had they exited the Euro in 2010-11, and returned to the Drachma, and the debt turned into the nominal value the Drachma was at the time of entering the Euro. The Drachma would have devalued rapidly initially, leading to a massive influx of tourists boosting the economy, and the debt could be serviced, albeit at the devalued value. Instead the bankers decided to put Greece into even more debt to service the existing debt, because, if Greece left the Euro, Spain, Portugal, Italy would soon do the same and that would be very bad for the bankers saddling them with the debt to begin with, some of it even bankers magic so that they could fulfill the criterias to join the Euro. But we can't have banks defaulting from making bad bets, they should always be made whole and richer at the expense of everyone else.

Fuck them! Greece will eventually default, actually they already did, but smoke and mirrors were employed to make it seem they didn't! It will take time and it will be fugly, war is probable even, this time around!

[Dogman]

A little Turk has rubbed off on to you I see!

Grin!

Lmbo !

[Neuro]

A little Turk has rubbed off on to you I see!

Grin!

Lmbo !
You can't expect Mediterranean countries to be fiscally responsible, that's against their nature. For them stability is a currency devaluing at around 10% annually against hard currencies, meaning that everyone who has any significant amount of cash, puts it into hard currencies as soon as they get it. Essentially making their currency weak, which allows their strong currency Northern neighbours to go to their countries and spend their hard earned cash and get good value for money. Nowadays The PIGS are the same price as every other country in Northern Europe, for a dinner, a beer or a bottle of wine. As they joined the Euro, real estate prices skyrocketed, and construction projects of holiday houses and shopping malls boomed, but with the influx of capital the PIGS governments grew even more fiscally irresponsible. It crashed and no Northern European with half a brain and a bucket of cash would choose to put their money in a condo, where half of them are for sale, owned by banksters who can't sell them for what they are worth, because then they would realize a loss, meanwhile the ECB backs them by covering the full amount of the loan.

This is the reality! They should never have been allowed into the Euro to begin with!

[Dogman]

Can understand and agree, but still like my hypostasis better!

;)

[Neuro]

Can understand and agree, but still like my hypostasis better!

;)
Hypostasis, that sounds like Turkish English! ;D Anyway, living 8 years in Turkey , and soon 16 years with a Turkish wife, has turned me into half a Turk! They are like hobbits or smurfs, they live day as it comes, not worrying too much of the bills to come for their financially reckless lives...

[Dogman]

Hypostasis, that sounds like Turkish English! ;D Anyway, living 8 year
s in Turkey , and soon 16 years with a Turkish wife, has turned me into half a Turk! Well the word is in the ball park, what I did mean to use was hypothesis ! ;D Minor brain fart but close!

So looks like my theory holds by your own admission !

Carry on, upward and onward !

Grin!

Edit: But tolkinen's hobbits were ultra conservative except the ones on the quests.

Need a better model!

[Neuro]

Well the word is in the ball park, what I did mean to use was hypothesis ! ;D Minor brain fart but close!

So looks like my theory holds by your own admission !

Carry on, upward and onward !

Grin!
I knew you meant hypothesis. Did you know that Istanbul is a Turkish mispronounciation of Constantinopel? ;D

[Dogman]

I knew you meant hypothesis. Did you know that Istanbul is a Turkish mispronounciation of Constantinopel? ;DCantaloupeia ?

Hoot !

;)

[Neuro]

Well the word is in the ball park, what I did mean to use was hypothesis ! ;D Minor brain fart but close!

So looks like my theory holds by your own admission !

Carry on, upward and onward !

Grin!

Edit: But tolkinen's hobbits were ultra conservative except the ones on the quests.

Need a better model!
Nope the Turks are ultraconservative also, except the ones on the quest. Atatürks revolution/westernization was just a big grand illusion, it slided back to traditional Turkish values slowly after his death and now quickly. Erdogan was elected president by a majority 8 months after it was publically known he had taken about a billion euro's in bribes from his business partners. Most people here thinks it's ok since he is one of them, a pious Muslim...

[Dogman]

Nope the Turks are ultraconservative also, except the ones on the quest. Atatürks revolution/westernization was just a big grand illusion, it slided back to traditional Turkish values slowly after his death and now quickly. Erdogan was elected president by a majority 8 months after it was publically known he had taken about a billion euro's in bribes from his business partners. Most people here thinks it's ok since he is one of them, a pious Muslim... Same old same old, out with the old in with the new and nothing changes.


It is interesting what the group mind accepts as ok despite the morality of the acts. (But who chooses what is moral? )

Which can open up a huge can of worms.

Now from our sponcers we can continue with the o/p topic of this thread! Grin !

[Publico]

I wish I were Greek.

[mick silver]

you can be public we live in a one world government now ,you can be anything you want now

[Horn]

I would encourge many more americans and members on site to do the same.

[Horn]

Costa Rica was just downgraded to Baaa3 sheep state for failure to pay the principal.

They could only do interest and penalties.

[singular_me]

go to ecuador, Horn... national debt is a mere 25% to the GDP

see you there next year.

[Horn]

All flags are pointing towards Nicaragua, the long awaited canal is a go with Chinese assistance.



https://www.youtube.com/watch?v=1x7M48o6V7Q

[singular_me]

well I guess that it says it all.... greece is now going AFTER the money...

----------------------------------------------------

http://www.davidicke.com/wordpress/wp-content/uploads/2015/01/chancellor-german-angela-poster.si_-587x330.jpg


Greece’s new prime minister wants Germany to pay for Nazi war crimes

The visit was drenched in symbolism. The past half-decade of crippling austerity in Greece is the consequence of terms dictated by the "troika" — the European Commission, European Central Bank and the International Monetary Fund. Germany, Europe's largest economy, played a key role in delivering Greece's bailout and enforcing its strict conditions. Ill will toward Germany is high in Greece, where ordinary citizens blame their country's dire economic state in part on the high-handed policies of a distant European elite.

Syriza, in particular, has been outspoken about the need for Germany to atone for its past in Greece, or at least show a bit more leniency now as compensation. Tsipras has campaigned on the issue for more than a year, including in the build-up to Sunday's election. "We are going to demand debt reduction, and the money Germany owes us from World War II, including reparations," he said earlier this month.

A 2013 study carried out by the previous Greek government of defeated Prime Minister Antonis Samaras estimated that Germany owed Greece some $200 billion for damages incurred during the Nazi occupation, the cost of rebuilding destroyed infrastructure as well as loans Nazi authorities forced Greece to pay between 1942 and 1944. The Samaras government, whose critics accused of being handmaidens to Brussels' harsh mandates, did little with the report. Another advocacy group claims that the sum owed to Greece could be as much as $677 billion.

http://www.washingtonpost.com/blogs/worldviews/wp/2015/01/26/greeces-new-prime-minister-wants-germany-to-pay-for-nazi-war-crimes/

[Horn]

lol, why not wait another 60 years to adjust for inflation then?

[singular_me]

my guess is that greece came up with the reparation rethoric when seeing that germany wouldnt give in.
it is going to become nasty. because now if greece cannot erase debts, its citizens will turn against newly elected gov...

--------------
Greece on collision course with its EU partners
Jan 29, 2015

The new Greek leaders are hitting the ground running with their campaign promises - having already rolled back some of the crippling austerity measures, but the pledge to cancel a chunk of the country's enormous debt might prove harder to keep. The European Commission's President is ruling out forgiving Greece's debt, because other Eurozone countries just won't stand for it. As Murad Gazdiev reports, Germany has made its position clear.

https://www.youtube.com/watch?x-yt-ts=1422579428&v=w4ecsQkS2Ac&x-yt-cl=85114404

[Horn]

Maybe it'll start a chain reaction, and U.S. will charge U.K. for Revolutionary war reparations??

[Hatha Sunahara]

Here is the text of Tsipras's open letter to the German People:


ALEXIS TSIPRAS: OPEN LETTER TO THE GERMAN PEOPLE
Submitted by IWB, on January 30th, 2015
Share3 Tweet3 0 Share0

BY JOHN WARD


As the western media are studiously ignoring this, The Slog decides it deserves some oxygen

Most of you, dear [German] readers, will have formed a preconception of what this article is about before you actually read it. I am imploring you not to succumb to such preconceptions. Prejudice was never a good guide, especially during periods when an economic crisis reinforces stereotypes and breeds biggotry, nationalism, even violence.

In 2010, the Greek state ceased to be able to service its debt.

Unfortunately, European officials decided to pretend that this problem could be overcome by means of the largest loan in history on condition of fiscal austerity that would, with mathematical precision, shrink the national income from which both new and old loans must be paid. An insolvency problem was thus dealt with as if it were a case of illiquidity.

In other words, Europe adopted the tactics of the least reputable bankers who refuse to acknowledge bad loans, preferring to grant new ones to the insolvent entity so as to pretend that the original loan is performing while extending the bankruptcy into the future. Nothing more than common sense was required to see that the application of the ‘extend and pretend’ tactic would lead my country to a tragic state. That instead of Greece’s stabilization, Europe was creating the circumstances for a self-reinforcing crisis that undermines the foundations of Europe itself.

My party, and I personally, disagreed fiercely with the May 2010 loan agreement not because you, the citizens of Germany, did not give us enough money but because you gave us much, much more than you should have and our government accepted far, far more than it had a right to. Money that would, in any case, neither help the people of Greece (as it was being thrown into the black hole of an unsustainable debt) nor prevent the ballooning of Greek government debt, at great expense to the Greek and German taxpayer.

Indeed, even before a full year had gone by, from 2011 onwards, our predictions were confirmed. The combination of gigantic new loans and stringent government spending cuts that depressed incomes not only failed to rein the debt in but, also, punished the weakest of citizens turning people who had hitherto been living a measured, modest life into paupers and beggars, denying them above all else their dignity. The collapse of incomes pushed thousands of firms into bankruptcy boosting the oligopolistic power of surviving large firms. Thus, prices have been falling but more slowly than wages and salaries, pushing down overall demand for goods and services and crushing nominal incomes while debts continue their inexorable rise. In this setting, the deficit of hope accelerated uncontrollably and, before we knew it, the ‘serpent’s egg’ hatched – the result being neo-Nazis patrolling our neighbourhoods, spreading their message of hatred.

Despite the evident failure of the ‘extend and pretend’ logic, it is still being implemented to this day. The second Greek ‘bailout’, enacted in the Spring of 2012, added another huge loan on the weakened shoulders of the Greek taxpayers, “haircut” our social security funds, and financed a ruthless new cleptocracy.

Respected commentators have been referring of recent to Greece’s stabilization, even of signs of growth. Alas, ‘Greek-covery’ is but a mirage which we must put to rest as soon as possible. The recent modest rise of real GDP, to the tune of 0.7%, signals not the end of recession (as has been proclaimed) but, rather, its continuation. Think about it: The same official sources report, for the same quarter, an inflation rate of -1.80%, i.e. deflation. Which means that the 0.7% rise in real GDP was due to a negative growth rate of nominal GDP! In other words, all that happened is that prices declined faster than nominal national income. Not exactly a cause for proclaiming the end of six years of recession!

Allow me to submit to you that this sorry attempt to recruit a new version of ‘Greek statistics’, in order to declare the ongoing Greek crisis over, is an insult to all
Europeans who, at long last, deserve the truth about Greece and about Europe. So, let me be frank: Greece’s debt is currently unsustainable and will never be serviced, especially while Greece is being subjected to continuous fiscal waterboarding. The insistence in these dead-end policies, and in the denial of simple arithmetic, costs the German taxpayer dearly while, at once, condemning to a proud European nation to permanent indignity. What is even worse: In this manner, before long the Germans turn against the Greeks, the Greeks against the Germans and, unsurprisingly, the European Ideal suffers catastrophic losses.

Germany, and in particular the hard-working German workers, have nothing to fear from a SYRIZA victory. The opposite holds. Our task is not to confront our partners. It is not to secure larger loans or, equivalently, the right to higher deficits.
Our target is, rather, the country’s stabilization, balanced budgets and, of course, the end of the grand squeeze of the weaker Greek taxpayers in the context of a loan agreement that is simply unenforceable. We are committed to end ‘extend and pretend’ logic not against German citizens but with a view to the mutual
advantages for all Europeans.

Dear readers, I understand that, behind your ‘demand’ that our government fulfills all of its ‘contractual obligations’ hides the fear that, if you let us Greeks some breathing space, we shall return toour bad, old ways. I acknowledge this anxiety. However, let mesay that it was not SYRIZA that incubated the cleptocracy which today pretends to strive for ‘reforms’, as long as these ‘reforms’ do not affect their ill-gotten privileges. We are ready and willing to introduce major reforms for which we are now seeking a mandate to implement from the Greek electorate, naturally in collaboration with our European partners.

Our task is to bring about a European New Deal within which our people can breathe, create and live in dignity.

A great opportunity for Europe is about to be born in Greece. An opportunity Europe can ill afford to miss.

Read more at http://investmentwatchblog.com/alexis-tsipras-open-letter-to-the-german-people/#SWrkKfATh40pIV3O.99



You can see what the bankers and Goldman Sachs have done to Greece with the help of the Greek Politicians before Tsipras. If you're so deep in debt that you can't pay it back, you don'r go twice as deep by borrowing more money. This is a textbook example of how the bankers and politicians conspire to enslave entire populations.

The Greeks can now try to solve their financial problems like Iceland did. First step is to get out of the EU. Next, restore the Drachma. A nation without its own money has no sovereignty. They don't need to worry about Germany. Germany will leave the EU , restore the Deutschmark themselves and then join the EUEU (Eurasian Economic Union--led by Russia), then they will leave NATO. Greece is leading the pack to get out from under the western banks and out of the sphere of the American Empire--by looking to the east.


Hatha

[Horn]

Appears as an invitation sent to Germany to "Go Greek"

[mick silver]

I see what your saying Hatha but the usa in the same hole



You can see what the bankers and Goldman Sachs have done to Greece with the help of the Greek Politicians before Tsipras. If you're so deep in debt that you can't pay it back, you don'r go twice as deep by borrowing more money. This is a textbook example of how the bankers and politicians conspire to enslave entire populations.

The Greeks can now try to solve their financial problems like Iceland did. First step is to get out of the EU. Next, restore the Drachma. A nation without its own money has no sovereignty. They don't need to worry about Germany. Germany will leave the EU , restore the Deutschmark themselves and then join the EUEU (Eurasian Economic Union--led by Russia), then they will leave NATO. Greece is leading the pack to get out from under the western banks and out of the sphere of the American Empire--by looking to the east.


Hatha[/QUOTE]

[mick silver]

Greek leader tamps down rhetoric, vows to pay off debts
http://news.yahoo.com/greek-leader-tamps-down-rhetoric-vows-pay-off-180617755--finance.html

[singular_me]

greeks vows to pay off debt... = civil war
greeks refuse to pay debt ......= engineered/fake terrorism

[Neuro]

loans Nazi authorities forced Greece to pay between 1942 and 1944
That sounds horrible!

[singular_me]

‘Amid ‘turmoiling’ stock markets on Friday, CNBC’s Simon Hobbs summed up the status quo’s thinking on the new Greek leadership when he noted, somewhat angrily and shocked, “The Greeks are not even trying to reassure the markets,” seeming to have entirely forgotten (and who can blame him in this new normal the world has been force-fed for 6 years) that political leaders are elected for the good of the people (by the people) not for the markets.

Yesterday saw the clearest example yet of Europe’s anger that the Greeks may choose their own path as opposed to following the EU’s non-sovereign leadership’s demands when the most uncomfortable moment ever caught on tape – the moment when Eurogroup chief Jeroen Dijsselbloem (he of the “template” foot in mouth disease) stood up at the end of the EU-Greece press conference, awkwardly shook hands with Greece’s new finance minister, and whispered…”you have just killed the Troika,” to which Varoufakis responded… “wow!”‘

Caught On Tape: Dijsselbloem To Varoufakis: 'You Just Killed The Troika'
http://www.zerohedge.com/news/2015-01-31/caught-tape-dijsselbloem-varoufakis-you-just-killed-troika


Syriza has will and political capital to leave eurozone’


https://www.youtube.com/watch?v=QIpAIRlX_eA&x-yt-ts=1422579428&x-yt-cl=85114404

[Horn]

Greek leader tamps down rhetoric, vows to pay off debts
http://news.yahoo.com/greek-leader-tamps-down-rhetoric-vows-pay-off-180617755--finance.html

Guess he was just acting upwardly to see how big a slice of the pie he could receive?

[singular_me]

Greece Just Blew Up the Empire's Death Star of Debt
http://gold-silver.us/forum/showthread.php?81870-Greece-Just-Blew-Up-the-Empire-s-Death-Star-of-Debt
or
http://www.blacklistednews.com/Greece_Just_Blew_Up_the_Empire%27s_Death_Star_of_D ebt/41411/0/38/38/Y/M.html

------------------------------------
Lazard Says 50% Greek Haircut "Reasonable"
http://www.zerohedge.com/news/2015-02-01/tide-turning-obama-expresses-sympathy-greece-lazard-says-50-greek-haircut-reasonable

------------------------------------
Greece hires Lazard to advise on debt.
The anti-Banksta, tough guy stance didn't last long.
http://gold-silver.us/forum/showthread.php?81858-Greece-hires-Lazard-to-advise-on-debt

---------------------------------------------------------
The Spartan Resurrection in Greece. EU Arrogance and Athens’ Creditors
http://www.paulcraigroberts.org/2015/01/30/spartan-resurrection-greece-paul-craig-roberts/

[Hatha Sunahara]

Greece didn't blow up the Empire's Death Star. That article came from Charles Hugh Smith. The logic he uses about how irresponsible lenders should be accountable for their slipshod lending practices, and they should be allowed to fail if they make bad loans is good sound logic, but it's been trumped by the Too Big to Fail argument--the Systemically Important Financial Institution Status. This is the 'Stay Out Of Jail Free' card the banksters hold. It's not too difficult to grasp why this trumps out conventional logic. When you have been given a monopoly on 'granting credit' aka 'issuing money' you have been ceded the sovereignty of the rulers of the country. Because you issue the money, you decide who gets it and who doesn't and for what. The government doesn't matter, the people don't matter, the laws don't matter. This is what Mayer Amschel Rothschild meant when he said "Allow me to issue a country's money, and I care not who makes the laws. Any country that allows a central bank to issue its money has appointed a new ruler. The politicians, the people, the government itself no longer matters because everybody has to dance to the tune of the banksters. The Greeks are not going to overthrow the bankster rule of their country. Everybody is deathly afraid of the disorder that would result if the banksters stopped issuing money. That disorder is unimaginable. Everyone has it in their minds that it would be more orderly to engage in a nuclear war than to get rid of their central bank tyranny. You can see how the banksters are manipulating the Germans to pressure Greece to get back into line with their subservience to the banks. It doesn't matter that the banks are irresponsible lenders. Because they have the 'right to grant credit' (issue money) they are the supreme power on this earth. The only way to resolve this issue of unpayable debt for the Greeks and everyone else, including the USA is for all countries to revoke the monopoly they have given the bankers to issue money, and for their governments to issue that money themselves. Few mortals have the courage to even whisper such an idea because the banksters would have them killed (a la JFK) in short order. So, humanity will just have to put up with this scourge until it develops the necessary courage to end it.


Hatha

[Hatha Sunahara]

For anyone who wants to know, here is a list of 40 goals the Syriza has for Greece.


http://www.greanvillepost.com/2012/05/27/the-european-situation-syrizas-program/ The European Situation: SYRIZA’s programGaither Stewart


http://www.greanvillepost.com/wp-content/uploads/2012/05/syrizaLogo.jpg (http://www.greanvillepost.com/wp-content/uploads/2012/05/syrizaLogo.jpg)
The daily bulletin of Italy’s Communist Refoundation Party published today the apparently official program of the Greek coalition of the left, Syriza. Without further comment, I translate here the 40 points of the Syriza program.

Editor’s Note: I have bolded the programmatic points that in my view merit the denomination of truly radical. On balance, this is a radical template for the reshuffling of society. American Occupy, pay attention.—PG


Audit of the public debt and renegotiation of interest due and suspension of payments until the economy has revived and growth and employment return.

Demand the European Union to change the role of the European Central Bank so that it finances States and programs of public investment.

Raise income tax to 75% for all incomes over 500,000 euros.

Change the election laws to a proportional system.

Increase taxes on big companies to that of the European average.

Adoption of a tax on financial transactions and a special tax on luxury goods.

Prohibition of speculative financial derivatives.

Abolition of financial privileges for the Church and shipbuilding industry.

Combat the banks’ secret [measures] and the flight of capital abroad.

Cut drastically military expenditures.

Raise minimum salary to the pre-cut level, 750 euros per month.

Use buildings of the government, banks and the Church for the homeless.

Open dining rooms in public schools to offer free breakfast and lunch to children.

Free health benefits to the unemployed, homeless and those with low salaries.

Subvention up to 30% of mortgage payments for poor families who cannot meet payments.

Increase of subsidies for the unemployed. Increase social protection for one-parent families, the aged, disabled, and families with no income.

Fiscal reductions for goods of primary necessity.

Nationalization of banks.

Nationalization of ex-public (service & utilities) companies in strategic sectors for the growth of the country (railroads, airports, mail, water).

Preference for renewable energy and defence of the environment.

Equal salaries for men and women.

Limitation of precarious hiring and support for contracts for indeterminate time.

Extension of the protection of labor and salaries of part-time workers.

Recovery of collective (labor) contracts.

Increase inspections of labor and requirements for companies making bids for public contracts.

Constitutional reforms to guarantee separation of Church and State and protection of the right to education, health care and the environment.

Referendums on treaties and other accords with Europe.

Abolition of privileges for parliamentary deputies. Removal of special juridical protection for ministers and permission for the courts to proceed against members of the government.

Demilitarization of the Coast Guard and anti-insurrectional special troops. Prohibition for police to wear masks or use fire arms during demonstrations. Change training courses for police so as to underline social themes such as immigration, drugs and social factors.

Guarantee human rights in immigrant detention centers.

Facilitate the reunion of immigrant families.

Depenalization of consumption of drugs in favor of battle against drug traffic. Increase funding for drug rehab centers.

Regulate the right of conscientious objection in draft laws.

Increase funding for public health up to the average European level.(The European average is 6% of GDP; in Greece 3%.)

Elimination of payments by citizens for national health services.

Nationalization of private hospitals. Elimination of private participation in the national health system.

Withdrawal of Greek troops from Afghanistan and the Balkans. No Greek soldiers beyond our own borders.

Abolition of military cooperation with Israel. Support for creation of a Palestinian State within the 1967 borders.

Negotiation of a stable accord with Turkey.

Closure of all foreign bases in Greece and withdrawal from NATO.


Hatha

[mick silver]

what you post hatha make me want to go buy more food to store , all the world going to see one day what the leaders and the banks have done . a big ass wake up is coming like the world has never seen . I just hope I have done what I need to for my family to be able to make it to the other side of this mess

[singular_me]

with all those goals, it doesnt bode well for greece. Major turmoil is coming.

[Horn]

Sounds like an economy starter, raise income tax to 75%

[Horn]

http://gold-silver.us/forum/attachment.php?attachmentid=7263&stc=1


Greece’s new Prime, Alexis Tsipras, has assured the Israeli ambassador to Athens that Greek-Israeli will notchangeKol Yisrael radio reported on Friday.

According to the report, Tsipras met this week with the Ambassador, Irit Ben-Abba, and made clear to her that his government is determined to combat anti-Semitism in Greece and that it will continue to prosecute the leaders of the neo-Nazi Golden Dawn party.

The meeting comes amid concerns among Greek Jews (http://www.israelnationalnews.com/News/News.aspx/190477) that the electionof Tsipras could jeopardize the relationship between Israel and Greece.
Two members of Tsipras’s Syriza party had been aboard the Mavi Marmara flotilla which attempted to break the "siege on Gaza" in 2010.
"No doubt we will see a big change in the state of diplomatic relationsbetween Greece and Israel, as well as the situation in Greece," a Jewish community member told Arutz Sheva following the election in the country.

One of Tsipras’s coalition partners is Panos Kammenos (http://www.israelnationalnews.com/News/News.aspx/190569), leader of the nationalist Independent Greeks party. Kammenos has been accused of anti-Semitism after he alleged in December that Jews enjoyed preferential tax treatment (http://www.israelnationalnews.com/News/News.aspx/188727) in Greece.

The neo-Nazi Golden Dawn party, which came in third in the elections with only 6.4% of the vote, remains a concern for Greek Jews.
Golden Dawn has become notorious for its blatant anti-Semitic and xenophobic rhetoric, openly displaying copies of “Mein Kampf,” as well as other works on Greek racial superiority at party headquarters.

The party's leader Nikos Michaloliakos has claimed (http://www.israelnationalnews.com/News/News.aspx/155826) that Nazi concentration camps did not use ovens and gas chambers to exterminate Jews during the Holocaust.

Under the previous government, the party has been the subject of a crackdown (http://www.israelnationalnews.com/News/News.aspx/172393) by Greek authorities, with several of its leaders being arrested and tried.

http://www.israelnationalnews.com/News/News.aspx/191028#.VNVVDfnjJCg

[singular_me]

Golden Dawn is just another swastika

all existing swastikas
http://i39.tinypic.com/2n88vfd.jpg

https://images.duckduckgo.com/iu/?u=http%3A%2F%2Feu.greekreporter.com%2Ffiles%2FGol den-Dawn.jpg&f=1

and much more

Hermetic Order of the Golden Dawn
http://www.hermeticgoldendawn.org/

just like with nazism, the followers didnt/dont even know what they REALLY were/are worshiping

politics has always had esoteric roots, America and the masons...

it is really about time that the world awakes to the reality that nothing has changed since about millennia

[singular_me]

its sad to see people fighting the evils they helped create in the first place
----------------------------------------------------
Greece’s Debt Overhang. Looted by Wall Street and the European Central Bank

‘It is encouraging to see that the majority of voting Greek dares to vote for a change from the relentless misery imposed by the infamous troika – ECB, EC and IMF. The Greek people have entrusted you with the delicate task of pulling Greece out of the morass, where she has been put – totally unjustified – by this notorious troika.

Mr. Tsipras, your Government has been tricked into believing that Greece’s debt is insurmountable and could pull Europe into an abyss. Instead your country is being looted by Wall Street and their European allied too-big-to-fail banksters. Of course, with the connivance of your neoliberal predecessors, some of whom have been associated with one of the biggest Wall Street gangsters, Goldman Sachs.

Indeed, the President of the European Central Bank has also been associated with this criminal financial institution. In other words, the EU financial system today is run by the extended arm of Goldman Sachs – and its Washington masters.’
http://www.globalresearch.ca/greeces-debt-overhang-looted-by-wall-street-and-the-european-central-bank/5430005


‘An official with Greece’s newly elected Syriza party may have sounded the death knell for a proposed EU-U.S. trade deal that has faced a mountain of opposition from civil society.

The deal is the Transatlantic Trade and Investment Partnership (TTIP), now facing its eighth round of talks between negotiators this week in Brussels.

The TTIP, which would be the biggest trade deal ever, has been criticized as a corporate-friendly deal that threatens food and environmental safety under the guise of “harmonization” of regulations.

Georgios Katrougkalos, now deputy minister for administrative reform, confirmed what he had told EurActiv Greece ahead of his Syriza party’s victory last week: that his parliament would not ratify the trade deal.’
http://www.commondreams.org/news/2015/02/02/syriza-official-vows-kill-eu-us-trade-deal-gift-all-european-people

[mick silver]

Despite Controlling Factors, Greek Negotiations Remain Fraught
February 06, 2015



http://www.thedailybell.com/default/includes/themes/tdb/images/printer.png (http://www.thedailybell.com/printview/params/id/36061/printview/)
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Greece pleads with Berlin for time and money to re-write debt deal ... Finance Minister Yanis Varoufakis evokes fears of Nazism in Greece in a bid to end his country's "ritual humiliation" at the hands of its creditors. – UK Telegraph
Dominant Social Theme: Negotiations with Greece are necessary but perilous.
Free-Market Analysis: Is this a dance between the EU and Greece, designed to yield tension, headlines and ultimately resolution? Or is it a legitimate unraveling of the EU's program?
Once again, the world waits and watches while powerful government officials bargain over national and banking solvency. The larger meme here is that only the bureaucracy can figure out a legitimate solution.
But if we confine our analysis to the negotiations themselves, we can observe a practical dialectic at work. The dialectic places a controlled Syrizan team at the negotiating table – one more reasonable than its rhetoric might suggest. Alternative journo Wayne Madsen has commented on this in a column focused on globalist forces inside the new Greek government.
As Greece celebrates the inauguration of its anti-austerity government, the euphoria should be tempered with a bit of realism. Although new Prime Minister Alexis Tsipras, who named his son "Ernesto" after Cuban revolutionary Ernesto "Ché" Guevara, and the vast majority of his new Coalition of the Radical Left (SYRIZA) government have good left-wing and pro-labor credentials, the same cannot be necessarily said of the man Tsipras chose to be Greece's new finance minister.
Yanis Varoufakis a citizen of Australia who was educated in Britain and worked as a professor at the University of Texas. Europe has witnessed such dual nationals with conflicting loyalties take power in countries in Eastern Europe, most notably in Ukraine, where American Natalie Jaresko became finance minister in order to deliver International MonetaryFund (IMF (http://www.thedailybell.com/definitions/params/id/1823/)) and European Central Bank (ECB) austerity "poison pills" to Ukraine ... Varoufakis has had a past close relationship with the global entities with which he is expected to battle.
Madsen goes on to point out that Varoufakis was an economic adviser to PASOK's Prime Minister George Papandreou. Under Papandreous, Greece first acquiesced to "austerity." Nonetheless, it is Varoufakis that is apparently leading negotiations between Greece and the EU. These negotiations recently have been reported in dire terms. There is said to be little or no give between the two sides.
The Telegraph article reports it this way:
Greece's finance minister pleaded for his country to be given time and money to negotiate a new debt deal with its creditors, after the European Central Bank sought to pull the carpet from under the feet of the country's stricken banks.
Following an uneasy two-hour showdown with his German counterpart in Berlin, Yanis Varoufakis admitted he had failed to "agree to disagree" with Wolfgang Schauble over his government's demands to re-write its €240bn bailout agreement.
The meeting was the last leg of Syriza's tour of Europe's capitals, where Prime Minister Alexis Tsipras and his number two hoped to drum up support for an alleviation of the bailout terms imposed by the Troika.
Varoufakis is arguing for an "emergency bridging loan" that will help Greece continue to function during current negotiations. But Schauble and the Germans have proven to be resistant. Schauble apparently wouldn't give Varoufakis his cell phone number at recent negotiations.
The European Central Bank has also decided not to accept Greek "junk bonds" as loan collateral. Greek banks now only have the European Central bank (http://www.thedailybell.com/definitions/params/id/2958/) emergency liquidity programme (ELA) to depend on, according to reports. The ELA program charges high interest rates.
Tsipras is taking a tough stance, however. "Greece won't take orders any more, especially orders through emails," Mr Tsipras reportedly said. "Greece has its own voice. Greece cannot be blackmailed because democracy (http://www.thedailybell.com/definitions/params/id/1862/) in Europe cannot be blackmailed."
Greece may or may not be subject to "blackmail," but it seems obvious that lines have been drawn and positions set. The conversation has changed and Greece's position has become more assertive, but perhaps once again – as before – there is an outcome waiting in the wings that will reconfigure the EU's position regarding austerity and Greece in particular.
If so, the Greece negotiations are a kind of formal dance leading to an outcome that is at least roughly available – and ready to be implemented. Our position would be that these talks could lead to significant changes in the relationship between the EU and Greece, perhaps even a kind of controlled expulsion of Greece from the EU.
Any such solution would be carefully "calibrated" to ensure damage to the EU is minimized – though such an outcome is probably not ideal from the standpoint of Brussels. Even with a good deal of talk about how these negotiations are more collegial than reported, their presence cannot be especially pleasant for either side.
Conclusion: The dialectic may be controlled but it is also a necessary one ... one that could easily spin out of control, with ramifications that could be felt worldwide. The outcome is certainly not preordained, and markets will watch nervously.

- See more at: http://www.thedailybell.com/news-analysis/36061/Despite-Controlling-Factors-Greek-Negotiations-Remain-Fraught/#sthash.dyOUMjHj.dpuf

[mick silver]

Can Greece's new government keep its promises
ATHENS, Greece (AP) — Greece's new prime minister came to power two weeks ago riding a wave of hope for change. But his pledge to rewrite the bailout agreement that has kept the country afloat for nearly five years doesn't depend on him alone.



Agreement by the other European countries which contributed to the 240-billion-euro ($272-billion) bailout is essential. So far, it hasn't been forthcoming.
The big question is how many, if any, of his promises Alexis Tsipras can keep without risking a potentially disastrous Greek exit from Europe's multinational currency, the euro.
A crucial indication of which direction the government intends to go in comes on Sunday, when Tsipras presents his government's policy plan in parliament. A three-day debate culminates in a confidence vote late Tuesday.
"If the policy statements are as hard as the pre-election ones ... you understand that we're heading to a big clash, and I think the markets will move accordingly," said Nick Kafkas, head of research and analysis at Merit Securities.
Tsipras and his finance minister, Yanis Varoufakis, have crisscrossed Europe over the past week to drum up support for their plan to reach a new agreement with European countries. Their argument is that after nearly five years, it's obvious the current system of austerity-linked reforms is not working and the level of debt is so high it can never be repaid.
View gallery
http://l.yimg.com/bt/api/res/1.2/lZ60vd0lzwHlVTmPit1rdg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTQ1MDtpbD1wbGFuZTtxPT c1O3c9MzAw/http://media.zenfs.com/en_us/News/ap_webfeeds/de5f3ae2f6e95b056d0f6a706700d536.jpg
(http://news.yahoo.com/photos/greek-minister-alexis-tsipras-front-looks-finance-minister-photo-115609634.html)Greek Minister Alexis Tsipras, front, looks on as Finance Minister Yanis Varoufakis stands behind hi …

After all of the painful spending cuts, structural reforms and tax hikes, there has been some improvement and Greece posted its first primary surplus — budget balance excluding interest payments — last year. But despite billions in cheap loans and the world's largest debt write-down in 2012, Greece's economy has shrunk by a quarter and its debt stands at more than 170 percent of gross domestic product.
Tsipras and Varoufakis received a warm reception on some stops, but not in lead lender and bailout enforcer Germany. And Greece doesn't have much time. Its current bailout agreement expires at the end of February and the European Central Bank announced this week it can no longer accept junk-rated Greek bonds as collateral for loans to the country's banks after Feb. 11.
Although the banks can still access funds from an Emergency Liquidity Fund, that system can't go on for long.
"Greece runs out of money in March or April, and its negotiating position with its international partners will be severely weakened when this happens," said Megan Greene, chief economist at Munulife Asset Management.
Before the Jan. 25 elections, Tsipras called for most of Greece's debt to be written off. He also promised to restore the minimum monthly wage to 751 euros, re-hire sacked public service workers, re-introduce collective wage agreements, provide subsidized electricity and food to the poorest and roll back a series of bailout commitments, including privatizations.
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(http://news.yahoo.com/photos/greek-minister-alexis-tsipras-front-finance-minister-yanis-photo-115557377.html)Greek Minister Alexis Tsipras front and his Finance Minister Yanis Varoufakis, right, look on papers …

Greece's creditors were horrified. The pledges, they argue, would cost way more than Greece can afford and re-create some of the very conditions that led the country into its fiscal mess in the first place — an over-rigid, uncompetitive work environment and bloated public sector.
They also say relaxing Greece's conditions would be unfair to other EU countries that received bailouts: Ireland, Portugal and Cyprus.
"The conditions with Greece were generous, beyond all measure," German Finance Minister Wolfgang Schaeuble told Germany's ARD television Thursday after a rather tense Berlin meeting with Varoufakis. "What would other countries say, for whom the conditions were tighter and stronger?"
In such a climate, it will be hard for the government to fulfill all its promises.
"If someone asks me whether they can do everything they had announced before the elections, I'd say categorically 'no'," said Kafkas of Merit Securities. "It's unfeasible. Also, there are two dimensions: one is whether they can do them all, and one is in what timeframe. ... They can do some, over a stretch of time. And that's an issue of negotiation."
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(http://news.yahoo.com/photos/greek-finance-minister-yanis-varoufakis-speaks-phone-during-photo-115417933.html)Greek Finance Minister Yanis Varoufakis, speaks on his phone during the vote for the president of Gr …

With the noose tightening around Greece's neck, the government has already softened some of the confrontational rhetoric of its first week in power, when tough talk of rolling back bailout pledges sent the Athens stock market plummeting.
Calls for debt forgiveness have been qualified with a proposal to exchange debt to bailout creditors with growth-linked bonds and interest-only "perpetual" bonds — which would have a similar effect without it being an outright debt cancellation.
During a press conference after his meeting with Schauble, Varoufakis also said that some reforms in the current program were correct.
"It's not that the current reform program is to be discarded altogether. I would say that 60-70 percent of what in that list consists of moves and measures that we should want to take ourselves," Varoufakis said, but added that the structure of the bailout was wrong.
The government currently says it needs time to negotiate a mutually acceptable new agreement, and wants a "bridging program" to ensure it has enough cash to function until then. Its main creditors, however, are adamant Greece must stick to its pledges.
An emergency meeting of the eurozone's 19 finance ministers has been called for Wednesday to discuss Greece, a day before an EU summit.
Greene, of Munulife Asset Management, estimated the government would "deliver a victory" on debt relief by persuading creditors to extend maturities and reduce interest payments. But that is only half the battle.
"Ultimately Greece desperately needs more money in the short term, and will have to agree to reforms to get it," Greene said, adding that there was room for agreement on issues such as institutional reforms.
"But the Greek government will not have much of a leg to stand on once it has run out of money, and will have to back down on many of its election pledges to make it happen."
___
Follow Elena Becatoros on Twitter: https://twitter.com/ElenaBec


Politics & Government
Budget, Tax & Economy
Alexis Tsipras
Yanis Varoufakis
European countries

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[singular_me]

first an earthquake then the financial crisis.

500 Greek families survive in ‘temporary camp’ with no power & running water for 15 years


https://www.youtube.com/watch?v=IFm9-lyRMb8