Comment

Comment by donp on February 16, 2012 at 9:20pm

Yes, carrier pigeons dropping laser directed microscopic bombs on innocent Americans.  And, nasty expletives always make us ready to kill.  I intended to expose the fact that Greece’s President told his Parliament they’d have exactly what they now have if they didn’t approve the new austerity program, which they did! 

Obviously, the power elite don’t want any nation to tell the EU to shove off because they want their T-paper returned on schedule.  It’s not that the PE will spend the paper, since inflation confronts them if they do.  The point always remains the same---the middle class are made for the government.  The government isn’t made for the people. 

If the PE let Greece off, then a whole array of over-extended countries can take the bankruptcy route.  But, the Parliament and President voted for austerity and compliance with the banksters, while the citizens say: “hell-no-we-won’t-go.”  

It’s amazing how politicians stand since they lack a spine. 

You wrote, "How can sovereign nations really be beholden to private bankers? What’s their leverage?"  Private bankers who run and own the county's central bank own the country.  They control commerce by controlling the currency.  This is precisely the hazard of a barbaric central bank owned privately.  Close up the fed and see what happens to commerce.  Chaos.  There are better ways to ease out of a private central bank than cold turkey. 

Comment by Michael Bryant on February 16, 2012 at 8:51pm

Rod,

You ask some good questions. I am not by any standard a financial expert, but Iceland told the bankers to shove it, and defaulted a few short years back. Today they are experiencing a good recovery and future seems to be bright. The economy is expected to grow 3% this year and the government expects a budget surplus by 2013.
As far as Greece is concerned, it is my opinion they should do the same as Iceland. Unfortunately they have the same problems as we do. By that I mean their government is beholding to the bankers. Positive change will not happen till the people rid themselves of the bankers and those in government who do their bidding. We should do the same before we become Greece. The alternative is everlasting perpetual slavery.

Comment by Rod Lotspeich on February 16, 2012 at 10:53am

Donp and Michael, 

What would happen if Greece just decides to default on the loans? Who doesn’t get paid? 

How can sovereign nations really be beholden to private bankers? What’s their leverage? 

Why can’t we just let the banks take it in the shorts? Who really gets all this money that is owed to the nameless “bankers" who seem to make it out of thin air anyway?”

Comment by Michael Bryant on February 15, 2012 at 9:15pm

Don, No need to worry about gas masks, cause if we continue to tease the Iranians they might send some yet undeveloped micro nukes over here via carrier pigeons. Worse, they might call us some more nasty names.

Comment by donp on February 15, 2012 at 9:03pm

Good video, Michael.  Let's see, the President of Greece said that if the Parliament refuses to accept the bankster's austerity measures, there would be riots and tear gas everywhere.  But, Parliament did accept the auterity meansures to avoid the riots and suffering.  So, what is happening? 

Rioting happens  whether it is due to an austerity bill passed by Parliament or by Parliament refusing to be austere! When the banksters call out the dogs, riot mobs hit the streets either way.  That makes some kind of sense.  After all, banksters work very hard making deals with T-paper and expect the politicians to pay the interest and principle as per contract.  Printing paper as money costs quite a bit today. 

Anyone who hasn't taken a breath of tear gas has a big shock coming.