GREECE IS NWO TEST GROUND, SAYS GREEK READER

BECAUSE YOUR TURN WILL COME IF THEY EAT OUR COUNTRY!

There are several parts to this post. First is a letter written approximately 15 months ago from a Greek man to Henry Makow. In it he confirms what I have thought about the Greek situation with the bankers and the NWO all along. Greece is a testing ground for the implementation and takeover of a nation by the blood sucking bankers/Rothschilds/NWO.

As of this past week, with Greece already in need of yet another bailout, things look poor for the founding nation of the Western world; Greece has a recorded history of 5000 years, whose famous thinkers influence our world even today. I think of Democracy that abused word that once had real value on the planet... First they take the home of democracy, and then they take the world.... To deal with their debt, the bankers through their Hench organizations such as the IMF are offering a bailout IF the Greeks give up their national sovereignty to them so that they, the bankers, could exact taxes from them themselves!

So long Greece, your history is flushed down the toilet and you become slaves to the banks.

Now last year Iceland was faced with a similar proposition and they told the bankers to bug off and leave them alone. They stood firm and, although the first year was a tad tight, they are up and rolling again and doing quite well, thank you very much.

The European Union is only a partial step to what the Rothschilds want in pursuit of their NWO. They wish to destroy cultures (racial integration) so that it is easier to tear down borders and have just one big nation all the easier to handle. Greece is the low man on the EU financial totem pole so the blood suckers are trying to operate from the ground up. Spain and Portugal are in the radar as well. All the PIGS nations are (Portugal, Italy, Greece, and Spain).

The Greek people have been sold out by its leaders as you will read below. Indeed the situation described in the following letter is no different than what we see happening in North America in regards to culture and immigration and media pap. This, as I have said before, is an international movement to kill intelligence and ability to see through the lies. Or to know there are lies to begin with.

Logical thinking is being killed. The people of Greece will, I hope, rebel and rebel hard. Only this way will they stand a chance of survival. The video with Max Kaiser offers a more in-depth analysis of the situation as well as concrete sensible solutions to this problem. Remember folks, what they are trying to do in Greece, they have planned for the globe. Europe and then North America.

We must stand behind the people of Greece... the plans of these nefarious demonic bankers must be halted and only we, the people, can do that. I can think of no more glorious way to die if it comes to such a thing... and it could just come to that.

Also, the choices to be made, as outlined in the final article, should be left up to the Greek people... 

NOT the leaders, 

NOT the banks, 

but the people themselves as was done in Iceland last year. 

"All men of power here, get their power from plundering the Greek people, or having connections with those that do it."

By Christos
(for www.henrymakow.com)
February 11, 2010 

Posted: June 4, 2011
 

I am 26 years old and live in Greece. I am writing this letter in order to let you know about a new law in Greece announced yesterday.

The financial minister of Greece announced yesterday that from 1/1/2011 all financial transactions of sums above 1500 euros in cash will be banned. For any transaction above 1500 euros, only credit cards and checks will be legal. The formal explanation for this law is it will combat those who do not pay taxes. But we all know this is not the case...

It seems the new world order wants to make Greece a testing ground for their new laws. For the past months, Greece has been attacked without mercy.

We have been called liars, frauds, cheaters, thieves. They are threatening us constantly with banning from the euro zone and default. [These charges are] not true. ...

The problem is, based on their accusations and (the virtual) bad situation of Greek finances, they will pass their experimental laws of their new world order.

The fairly new Government of the socialist party, elected 4 months ago, forgot all its promises, and is determined to pass laws giving citizenship to illegal immigrants after 5 years, without any trade-off.

We are 10 million Greeks here, and almost 3 million mostly illegal immigrants, who will obtain Greek nationality and will gain the right to bring their families here too...

In Pakistan there are even ads saying

"for 5000 euros we get you to Greece, to study free, work, make families, and obtain EU passports"...

And now this... The previous government created a new ID card, to collect data from people since childbirth. This government will ban transactions in cash over 1500 euros, in order to make all of us have credit cards.

The obvious first step is to ban all cash transactions, then merge this new ID card with the credit system, then, well.... insert this merged ID card into our bodies...

Our peoples' morale is low, society is disorganized because of immigration and propaganda, and we will not fight those laws.

YOU PEOPLE LIVING IN THE WESTERN WORLD,

BE PREPARED

BECAUSE THEY ARE PLANNING

THE SAME FOR YOU!

BACKGROUND

I will try to give you my personal view of the conditions in Greece.

First of all, there is no trust in politicians. Most people distrust them and know they are scum, but continue to vote for the same people in every election. This happens because they promise privileges in order to get votes. Most politicians are members of secret societies, and have close ties to USA and European elites.

Our current prime minister is even an American citizen...

A young man living in Greece and having no connections is hopeless. Without connections, he will have major difficulties if he wants to join a good University (or complete his studies without bribes), if he wants to find a job, or create his own. He will be forced to join the army while privileged young men with connections will illegally avoid it.

And there is no point discussing finding love... Of course pretty women will pick wealthier men, but in Greece even women of moderate appearance prefer men with deep pockets. They prefer sharing the top men than having a man only for themselves.

And the top men in Greece are all frauds. Greece, apart from some natural resources and its tourism industry, produces nothing of value. Corruption is so big, that all productive forces are drowned. All men of power here get their power from plundering the Greek people, or having connections with those that do it. Women (and their families) of course are not concerned about that. As long as someone is wealthy, he is desirable, and value as a person is irrelevant.

Despite poor economic condition (but not so desperate as to warrant dire measures), people in power take pleasure in attacking traditional customs, Orthodox Christianity, and traditional Greek patriots. They protect illegal immigrants, and silence their crimes. They attack Christianity, in the media, at schools etc. They are removing all Christian symbols from public places.

MEDIA

Greek media are a pile of garbage. For the biggest part of the day, most major TV networks will show shows discussing Greek "vips" lifestyle, sexual relations etc. There are few "political" shows and news shows, all trying to cover the truth and turn the attention of the people at matters of trivial importance. Propaganda is blatant. The previous government was literally destroyed by TV networks. They promoted heavily the current government, so strongly that previous prime minister was forced to make new elections despite being only for 2 years in government.

Current prime minister made promises, NONE of which kept after being elected. Only a few days after election, he went on with the plans of New World Order. He created an artificially dire financial situation, in order to be able to pass whatever laws he wanted, plus giving his friends some money...

He "cooked" our budget, by moving payments of 2010 in 2009 and incomes from 2009 to 2010, in order to both make our deficit bigger and be able to claim in 2010 that he "improved" our economy...

This doesn't mean that our previous prime minister wasn't a puppet, just that he wasn't able to fulfill New World Order directions like the new government.

Huge economic scandals are discovered every day, and buried by Greek propaganda media. And most honest people are so concerned with working 2 and 3 jobs in order to feed their families that they cannot fight this corruption.

Greek people work on average many more hours weekly than other EU countries, get much less pay, and pay more for the same products. And because of the traitors in government, EU newspapers and media call our people lazy.

They say we need to work even more and receive even less... Of course this is not true. The plunder of Greek people has been made with their assistance. But this is a long subject and I won’t go on with it.

CONCLUSION

In a few words... Life in Greece sucks. Since I am a computer programmer, I have many times thought about leaving for a better country and making my living there. But I do not want to abandon my home... yet.

I would be willing to fight this system, but I see no point since the system is so well entrenched it cannot be tackled by a few men alone.

The reason I wrote you my previous letter is because this new law of banning cash transactions above 1500 euros is just another step towards cashless society, and is being implemented in Greece as a testing phase.

I strongly believe it is a matter of time

before most western nations see similar laws.

"GREEK CRISIS IS COMING TO AMERICA"

The information provided to here is absolutely correct.   

http://www.reuters.com/article/idUSLDE61824V20100209

HIGHLIGHTS-Greek FinMin unveils tax reform, wage policy
Tue Feb 9, 2010 11:37am EST


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ATHENS, Feb 9 (Reuters) - Greece outlined on Tuesday its public sector incomes policy and a tax reform bill, as part of an EU-endorsed plan to increase state revenues and reduce its huge deficit.


The following are comments by Greek Finance Minister George Papaconstantinou at a press conference:


IMPACT OF REFORMS

"The total benefit of our incomes policy will be around 800 million euros.


EU

"EU partners and markets will closely monitor the implementation of our fiscal plan; I believe that the response will be positive. The measures that we have announced are becoming action"


TIME FOR CHANGE

"The time has come for major changes; the country can't afford to wait any longer"


TAXATION

"From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards"


"With the new tax scale, there is a shift of the burden from low and middle income to high incomes.


"There's tax relief for incomes up to 40,000 (euros)"


"Taxable income based on the new scales will include capital gains from the short-term trading of stocks" 

MAX KAISER ~ NOT TO BE MISSED!

THE GREEK “ULTIMATUM”: 

BAILOUT (FOR THE BANKERS) 

AND (LOSS OF) SOVEREIGNTY

Tyler Durden
Zero Hedge
May 30, 2011

So after one year of beating around the bush, it is finally made clear that, as many were expecting all along, the ultimate goal of the Greek “bailouts” is nothing short of the state’s (partial for now) annexation by Europe.

According to an FT breaking news article,

“European leaders are negotiating a deal that would lead to unprecedented outside intervention in the Greek economy, including international involvement in tax collection and privatization of state assets, in exchange for new bail-out loans for Athens. People involved in the talks said the package would also include incentives for private holders of Greek debt voluntarily to extend Athens’ repayment schedule, as well as another round of austerity measures.”

Thus Greece is faced with the banker win-win choice, of not only abandoning sovereignty, a first in modern “democratic” history, in the pursuit of “Greek” policies that are beneficial for Europe, or not get a bailout, which would only serve to prevent senior bondholder impairments.

How could Greek leaders and its population possibly not accept such an attractive option which either leaves the country as another Olli Rehn protectorate, or forces it to not bailout Europe’s overleveraged banker class.

In essence Europe is now convinced, just like Hank Paulson was on September 14, 2008, that the downstream effects from letting Greece implode are manageable. But the key development is that the Greek bankruptcy, which from the beginning, and as Peter Tchir’s note below demonstrates, was always simply a Greek choice, was just made that much easier.

From the FT:

People involved in the talks said the package would also include incentives for private holders of Greek debt voluntarily to extend Athens’ repayment schedule, as well as another round of austerity measures.

Officials hope that as much as half of the €60bn-€70bn ($86bn-$100bn) in new financing needed by Athens until the end of 2013 could be accounted for without new loans. Under a plan advocated by some, much of that would be covered by the sale of state assets and the change in repayment terms for private debt holders.

Eurozone countries and the International Monetary Fund would then need to lend an additional €30bn-€35bn on top of the €110bn already promised as part of the bail-out programme agreed last year.

Officials warned, however, that almost every element of the new package faced significant opposition from at least one of the governments and institutions involved in the current negotiations and a deal could still unravel.

And the latest set of very timely observations from TF Market’s Peter Tchir.

YOU CAN LEAD A TROJAN HORSE TO WATER

BUT YOU CAN’T MAKE HIM DRINK

Restructuring in one form or another seems imminent rather than years away.

Well, it seems as though this week’s news flow has spurred the mainstream media into action.  Everywhere you look there are stories about the Greek credit crisis.  It is encouraging to see that more of them now agree with my view that a restructuring would occur sooner rather than later. 

Only a month ago, almost every article and every piece of official street research made it clear that a restructuring was at least a year off, if not longer. I demonstrated why I thought that opinion was wrong, and although I haven’t been proven correct yet, I am no longer in a tiny minority. 

Restructuring (reprofiling or default or whatever you want to call it) will not be easy, but I remain convinced that it is the best outcome for Greece and in the long run will be the best outcome for Europe even with the short term pain it will cause.

There is growing scrutiny of the ECB’s actions and motivations

It has also become painfully obvious to everyone that the actions of the ECB are making any resolution more difficult.   Someone, other than me, has now called the ECB ‘pathological’ in their resistance to restructuring. 

The ECB, led by Trichet, made a major mistake in their purchase of Greek bonds in the secondary market.  It is unclear what they intended to gain (other than a short squeeze) as Greece was not tapping the capital markets for new bond deals.  If Trichet worked at a real bank, he would have been fired by now, or allowed ‘to pursue time with his family’.  Someone who was not part of the bad decision would be brought in to oversee the positions.  The ECB needs to change personnel immediately and bring in someone fresh to be part of the negotiations who can focus on what is best going forward and not on how best to cover up previous mistakes.

IT IS GREECE’S DECISION

TO DEFAULT OR NOT,

NOT THE ECB’S OR EU’S

I continue to be confused by the fact that most people talk about the issue from the lender’s perspective. 

“Should Greece be allowed to default?”

“Does it teach Greece a bad lesson if they let them walk away? “

“Won’t Greece just default again if the ECB lets them walk away?”

The reality is the IMF, or ECB, or EU can offer money to Greece, but it is Greece’s decision to borrow more to pay off old debts. 

Only Greece can decide to make payments and not default or demand restructuring.  Other entities or countries can make it easier for Greece to kick the can down the road, but in the end, only Greece can decide whether or not to pay its bills.

The people of Greece seem to prefer default.  It is fairly clear that this is not a short term liquidity problem, but a longer term solvency problem for Greece. 

Greece has some assets it can sell, but as I have said time and again, they will still have those assets to secure new funds after a default/restructuring. 

I continue to believe it is in the best interest of Greece to default and it is their decision, no one else’s. 

It may be bad for the rest of Europe if Greece defaults, but that really should not be the priority of the Greek government.

If Greece defaults, the creditors can then take steps to enforce their rights.  If a person fails to pay on their mortgage, the banks can enact their rights to foreclose.  If a U.S. company fails to pay its debt, creditors will suit, and the company and debtors will typically resolve the issue in the courts under Chapter 11 or Chapter 7. 

There are similar statutes for corporate defaults in other countries.  The real reason that we are hearing so much about this from the lenders perspective, rather than the borrowers, is because it is not very clear what the lenders’ rights are if Greece stops paying.

If Greece stops paying, the lenders cannot ‘foreclose’ on it.  There is no law that dictates how to proceed like chapter 11 does.  The bonds have very few if any covenants.  The lawsuits would have to be won in Greek courts and then enforced by people employed by the Greek government.  Good luck with that.

The reason the lenders have an almost irrational need to avoid a default, is they don’t know what they will get if Greece does default.  There is no good way to analyze it.  Their ultimate recovery will be based on some threats of future lending, rights of set-off, and maybe some threats of trade sanctions, but unlike a mortgage or a corporate bond, there is no good way to analyze the potential outcome.  There is a reason ‘vulture’ funds focus on corporate debt much more than sovereign ~ there is a way to analyze the outcomes; it is not just guess work.

So people can continue to comment on whether Greece should be allowed to default, but that misses the point.  Lenders can make it easy for Greece to make payments, but choosing to default or not remains solely a Greek decision and they should do what is best for them.