11 Feb 2012

136% of Greece Now Officially Belongs to the World Banking Syndicate!

Tyler Durden's picture
Some of our German readers may be laboring under the impression that following the €110 billion first Greek bailout agreed upon and executed in May 2010, the second Greek bailout would cost a "mere" €130 billion. Alas we have news for you - as of this morning, the formal cost of rescuing Greece for the adjusted adjusted adjusted second time has just risen to €145 billion€175 billion, a whopping €210 billion, bringing the total explicit cost of all Greek bailout funds to date (and many more in store) to €320 billion. Which incidentally isa little more than Greek GDP (which however is declining rapidly) at 310 billion, only in dollars. So as of today, merely the ratio of the Greek DIP loan (Debtor In Possession, because Greece is after all broke) has reached a whopping ratio of 136% Debt to GDP. This excludes any standing debt which is for all intents and purposes worthless. This is secured debtwhich means that if every dollar in assets generating one dollar in GDP were to be liquidated and Greece sold off entirely in part or whole to Goldman Sachs et al, there would still be a 36% shortfall to the Troika, EFSF, ECB and whoever else funds the DIP loan (i.e., European and US taxpayers)! Another way of putting this disturbing fact is that global bankers now have a priming lien on 136% of Greek GDP - the entire country and then some now officially belongs to the world banking syndicate!

Marc Faber - Is Greece Irrelevant for global Markets?

Massive Street Protests Wage War On ACTA Anti-Piracy Treaty

The world is witnessing the largest offline protest against copyright legislation today. Massive demonstrations against the draconian anti-piracy treaty ACTA are spanning four continents, with protests in more than 200 European cities alone. Hundreds of thousands of people are taking to the streets to prevent their countries and the European Parliament from putting the free Internet at risk by ratifying ACTA, 
Last month the European Union officially signed the controversial “anti-piracy” trade agreement ACTAThe EU followed in the footsteps of Australia, Canada, Japan, South Korea, Morocco, New Zealand, Singapore and the United States, who already signed it last October. This brings ACTA a step closer to passing, but individual EU member states and the European Parliament still have to ratify the treaty later this year.
To prevent this from happening, hundreds of thousands of people across the world are taking to the streets today, and millions more are expected to do their part online. In Europe demonstrations are being held in more than 200 cities, the largest in Sofia, Bulgaria, with more than 50,000 participants. These staggering numbers amount to the greatest offline protest against any type of copyright legislation, ever.

FBI vs Gold Standard 'Extremists' - Max Keiser

The gold standard extremism and how your dollar got to be worth just 3.8 cents. In the second half of the show, Max talks to Francine McKenna of reTheAuditors.com about the crimes and illegitimate activity of the MF Global collapse. Source

What does Ron Paul have up his sleeve?

Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, sound money, and anti war foreign policy. Source

Greeks protest oncoming austerity package as ministers resign

The endurance of Greeks in the fourth year of recession has reached a breaking point.Street-level pressure is mounting against a 3 billion euro austerity package that awaits legislation in parliament on Sunday. Press TV's Constantine Venizelos‎ reports from Athens. Source

Entering into The Age of Darkness with Dr. Francis Boyle

Teaching Fellow, Harvard University Department of Government (1976-78) (international organizations, international law, international human rights).

Nuclear Armageddon if WWIII Starts: Lyndon LaRouche Reports

On the Friday edition of the Alex Jones Show, Alex talks with economist Lyndon LaRouche about the war brewing in the Middle East and the dismal state of the economy. Parts 2-5>>

Incomplete Translation Troika Agreement Before Signing Away Greece! Old-school Financial Warfare and Occupation? Capital Account

Greek negotiations do not look like business as usual anymore. Greek police unions have called for the arrest of IMF and EU officials. One of the Greek coalition leaders said on television he was given an incomplete translation of the Troika agreement to look over before signing away his country. He has refused to sign onto it. Are we seeing in real time what happens under a modern financial occupation?

Who's the Boss? "Hungary 1 - EU 0"

Hungarian deputy PM Tibor Navracsics puts EU Commissioner Neelie Kroes in her place over the Hungarian constitution. Source

Anti-Wall Street protesters target numerous LA banks

Anti-Wall Street protesters have targeted numerous banks in the city of Los Angeles, protesting against the country’s economic inequalities, Press TV reports.

Occupy Los Angeles demonstrators on Friday protested at various Wall Street banks across the city, in actions called “
flash occupations” which are meant to escalate the pressure on the “one percent”.

More than anything, we want corporations to pay their fair share - particularly Bank of America who during the past couple of years paid ZERO in taxes - and we’re out here to hold them responsible,”

HPD Goes RAMBO at Charity Event, Pulls Shotgun on Crowd

Alex talks with founding member of The Houston Free Thinkers and radio show host Derrick Broze, who was assaulted by cops during the Houston Free Thinkers Free Show. Source

50% Will Never See Their Fathers Again.

Breaking News: Several more thousand children and their fathers in the west passed into the ranks of those destined never to see each other again today. As they did yesterday and the day before that.
As we celebrate 12 years since the birth of the new millennium fathers rights movement, F4J, the awards and accolades, a fleeting political flavor of the month at one stage has more than been reversed, and then some, by the continuing onslaught of the stupefying nanny state set to rid us of our family duties and free will in every matter.
Three hundred marched in embarrassing father christmas costumes to make a point about how many of us and our children the relevant minister at the time had stuffed for Christmas, all those years ago (2002), the figure stood at about 40%. Today it is aiming towards 60% of children who will never see their fathers again and the growing figure, as many of us have found out by bitter personal experience, is clearly by design.

UK Printing Poverty

Squeezing the poor - Quantitative easing hits the poorest most of all. Source

Omar Suleiman still controls Egypt - Thomas Mountain

Egypt: Omar Suleiman Hand Picked Scaf 
SCAF = Supreme Council of Armed Forces
Omar Suleiman Head of Intelligence for decades, a Secret Minister.
He is still operating from the shadows Source

Anonymous hacked the CIA - cia.gov

Traditionally known as FuckFBIFriday, this weekend's eve turned into FuckCIAFriday, as hacktivists downed the official website for the Central Intelligence Agency of the United States cia.gov.
At approximately 3:10 p.m. Eastern time one of twitter accounts related to the hackers' group announced "cia.gov DOWN. #UMAD?#Anonymous."  
The CIA website became the latest victim in a series of attacks conducted by the elusive group of hackers against US law enforcement agencies and copyright holders. As RT reported earlier, Anonymous took credit for crashing the websites of the US Department of Homeland Security, which was quickly revived, and the FBI.
The CIA seems to be less prepared for fighting Anonymous than other agencies. If the work of dhs.gov was revived in mere minutes, the CIA's site was still down even hours after the attack. One of the twitter accounts affiliated with Anonymous explained the reasons of the attack: "We do it for the lulz," referring to the popular online abbreviation "for laughs."

"I Am Fishead" Most Corporate Leaders Are Egotistical Psychopaths + ctrl

This Must See Very Unique Video sheds light on the human mental condition in every day life from the feminist female supremacists to the Corporate Leaders to the common Citizen. Unmasking the Psychopath. Many will find this video quite insightful. A must watch video that should be shared, ...to protect the innocent. Could be your mum, could be your date, could be the guy sitting next to you at the cinema.

RenegadeEconomist: FOUR HORSEMEN is an award winning independent feature documentary which lifts the lid on how the world really works.
As we will never return to 'business as usual' 23 international thinkers, government advisors and Wall Street money-men break their silence and explain how to establish a moral and just society.