ΑΥΤΑ ΓΡΑΦΟΥΝ ΟΙ ΞΕΝΟΙ ΑΡΘΡΟΓΡΑΦΟΙ ΠΕΡΙΓΡΑΦΟΝΤΑΣ ΤΗΝ ΚΑΤΑΣΤΑΣΗ ΤΗΣ ΕΛΛΑΔΑΣ

ΑΥΤΑ ΤΑ ΑΡΘΡΑ ΔΗΜΟΣΙΕΥΟΝΤΙΑ ΣΤΟΝ ΞΕΝΟ ΤΥΠΟ ΠΟΥΕΚΘΕΤΟΥΝ ΤΗΝ ΕΛΛΑΔΑ ΚΑΙ ΜΕΤΑ ΕΜΕΙΣ ΠΕΡΙΜΕΝΟΥΜΕ ΠΡΟΚΟΠΗ. ΠΟΙΟΣ ΦΤΑΕΙ ΓΙ' ΑΥΤΗ ΤΗ ΚΑΤΑΣΤΑΣΗ; ΠΟΙΟΣ; ΔΙΑΒΑΣΤΕ ΤΟ ΑΥΘΕΝΤΙΚΟ ΑΡΘΡΟ ΚΑΙ ΒΓΑΛΤΕ ΣΥΜΠΕΡΑΣΜΑΤΑ. ΟΙ ΙΔΙΟΙ ΠΟΥ ΗΥΤΑΝ ΣΤΗΝ ΕΞΟΥΣΙΑ ΤΡΙΑΝΤΑ ΧΡΟΝΙΑ ΤΩΡΑ ΕΞΑΚΟΛΟΥΘΟΥΝ ΝΑ ΕΞΟΥΣΙΑΖΟΥΝ ΚΑΙ ΝΑ ΛΕΝΕ ΟΤΙ Η ΕΛΛΑΔΑ ΚΙΝΥΝΕΥΕΙ ΑΛΛΑ ΠΛΗΡΩΣΤΕ ΕΣΕΙΣ ΕΛΛΗΝΕΣ ΓΙΑ ΝΑ ΣΩΘΟΥΜΕ! ΕΚΕΙΝΟΙ ΠΟΥ ΕΦΕΡΑΝ ΑΥΤΗ ΤΗ ΚΑΤΑΣΤΑΣΗ ΘΑ ΕΙΝΑΙ  ΞΑΝΑ ΣΤΑ ΠΡΑΓΜΑΤΑ ΝΑ ΠΟΥΛΗΣΟΥΝ ΕΞΥΠΝΑΔΕΣ.
ΔΙΑΒΑΣΤΕ ΟΣΟΙ ΜΠΟΡΕΙΤΕ ΑΓΑΠΗΤΟΙ ΦΙΛΟΙ. 

FOURTH REICH WARNS GREECE TO SHAPE UP OR SHIP OUT
  
All the financial orgies of Graecokleptocrats with Goldman Sachs, JPMorgan, and many other investment bankers that generated billion euros in commissions and billion euros in kickbacks have been revealed by venitists in New Yok City. That's why now Fourth Reich(EU) warns Greece to shape up or ship out!



Greece would do everyone a favor by declaring bankruptcy. Greece faces years of misery in any case. The threat of being shut out of capital markets would be a blessing for Greece. Venitis asserts the shock and awe of government bankruptcy would restructure Greek politics for good! Greece needs the constructive destruction of bankruptcy! Bailout of Greece would be a destructive distraction. Greece's debts must be defaulted and rescheduled, at the cost to creditors and sellers of default swaps, in order to share the burden more equitably between banks, who have profited handsomely from their transactions, and the local economy.


The Vice-President of the Government of Spain and Minister of Economy and Finance, Elena Salgado, chaired an Ecofin Council meeting attended by European Finance Ministers, which focused mainly on the economic situation in Greece, and decided that a strong adjustment of its budget deficit was needed, with wide-ranging structural reforms to be applied.


The Ecofin Council expressed its support for the Greek Government's decision to reduce its deficit by 4 points in 2010, from 13% of GDP to 8.7%, and below 3% by 2012. Bailing out Greece would be wrong, because it would reinforce the rampant moral hazard in financial markets. It would perpetuate the inequitable and politically unacceptable situation where structuring fees are retained by the banks as profits while credit losses are socialized and passed onto miserable taxpayers, who run amuck in the direction of the cliff.


Elena Salgado reiterated that "if necessary Greece will receive any aid it requires and that is our firm commitment", although she added that the Greek Government had yet to request any financial aid. Papandreou must contend with a hostility toward Graecokleptocrats. Since joining Fourth Reich(EU) in 1981, Greece has developed the image of a chronically reckless brat that extorts money from the Cohesion Fund and mismanages its own affairs. The fury toward Greece has reached new levels of intensity during the current crisis. Part of that is displaced anger in that Fourth Reich technocrats had every reason to know that Greece's deficit numbers were dodgy but signed off on them anyway. Mostly, though, it's an anger born of fear.


The recommendations made to the Greek Government included immediate measures, starting this year, to put together and implement a package of global structural reforms, with specific measures concerning public wages, pensions, the healthcare system, public administration, markets, the improvement of the business climate, and increased productivity and employment.


The Spanish minister emphasised that for the first time the Council of Europe has resorted to an article in the treaty that allows the EU to send a warning to a member state whose economic policy does not conform to Europe's macroeconomic directives.


Basil Venitis points out that for 35 years since dictatorship, Pasokleptocrats and Neodemokleptocrats who took turns in running Greece, the most corrupt country on Earth, borrowed as if there were no tomorrow, and they received 200 billion euros in kickbacks from Siemens, JPMorgan, MAN, antitrust, military purchases, monasteries, and many more. Through mismanagement, robbery, kickbacks, and nepotism, they drove the cradle of democracy to the brink of bankruptcy with a public debt of 350 billion euros.


No Graecokleptocrat has ever gone to jail! Venitis asserts that impunity of Graecokleptocrats is the most freakish justice in the world! The most infamous house on Earth is the Greek Parliament, aka the Grand Brothel of Syntagma Square, which houses 300 wild prostitutes, minotaurs that suck the blood of Greeks! It's a long way from the 300 Spartans of Leonidas to the 300 Graecokleptocrats of the Grand Brothel! Allons enfants de la Grece! Starve the beast and join the Global Tax Revolt, http://groups.yahoo.com/group/globaltaxrevolt


Venitis notes that Costas Caramanlis, the most corrupt primeminister on Earth, came to power in 2004 pledging a crackdown on corruption. His party lost last election in 2009 largely because of his myriad scandals. Caramanlis claims that on taking office he was sincere in wanting cleaner government, but he had despaired of solving the problem. Metastasis of the cancer of corruption certainly supports a cynical view of the Greek capacity for reform. But the election result can also be read as a sign that the Greek electorate is truly fed up with corruption and demanding change.


A team of experts from the European Commission, the European Central Bank and the International Monetary Fund will travel next week to Athens to advise the Greek authorities on applying the recommendations, according to European Commissioner for Economic and Monetary Affairs, Olli Rehn, who joined Elena Salgado at the press conference after the Ecofin Council meeting.


Rehn announced the launch of infringement proceedings against Greece for manipulating statistics on the state of its public finances, while Eurostat, the European statistics body, requested information on operations in currency markets and derivatives, which may have facilitated the discrepancies in the Greek budget deficit and public debt.


When asked if Spain had resorted to derivatives deals to mask public debt, Elena Salgado answered with a categorical No. When asked whether the Spanish authorities had received a proposal from Goldman Sachs to use cross-currency swaps, as Greece is said to have done, Elena Salgado answered "no, absolutely not". "If any such proposal had been received it would not have been accepted".


Graecokleptocrats hoodwinked Fourth Reich(EU) with derivatives. Finacial engineers have devised special kinds of derivatives, especially swaps with imaginary exchange rates, to fool Fourth Reich and also create a lot of kickbacks for Graecokleptocrats. This financial engineering scheme was named Aeolos, the Greek god of the winds. Aeolos enabled Greece to receive a far higher debt, far beyod the limits allowed by the eurozone. Debt disguised as a derivative does not show up in statistics. Especially Eurostat's reporting rules do not record transactions involving derivatives. The Maastricht rules can be therefore circumvented quite legally through windy swaps and other complex financial instruments. There are huge commissions generated, and part of them is fed back to kleptocrats as kickbacks, safely deposited in secret offshore accounts.


Swap provided upfront payments to the Greek State and upfront kickbacks to Graecokleptocrats in return for deferred payments, ensuring Greece would scrape in under the Maastricht criteria for eurozone. Swapping one stream of payments for another is a confidential tailored bilateral deal. Swap terms do not have to follow market prices, but the needs of counterparties and kleptocrats. God Aeolos brings windfall kickbacks to Graecokleptocrats.


The tailored terms of the swap transactions ensured that Greece was a net recipient of funds in the early years but would pay the money back later, bringing a Pyrrhic victory to a future government, a burned land, an empty Treasury. These were credits, but because they were structured as swaps rather than loans, they did not have to be recorded as debt or count against the country's compliance with the Maastricht criteria for eurozone membership, which was precisely why they were so attractive.


The Commissioner for the Internal Market and Financial Services, Michel Barnier, also indicated in the press conference that "the crisis is not over and we must regulate the financial market" to make it more robust, through comprehensive and efficient oversight, by putting in place mechanisms to prevent crisis situations in the future and including flexible tools for the banking sector.


A messy showdown between Greece and the Fourth Reich could do huge damage to euro and its global standing. Euro's reputation might just survive a bailout of Greece if it were linked to tough economic conditions. However, a Greek default or a bailout with no convincing promise of better behavior, would shake Fourth Reich. Global markets would draw negative conclusions about the Fourth Reich's ability to handle crises that could be looming in other PIGS where public finances are rocky. So the near-daily scoldings of Greece emanating from Brussels and Berlin, and calls to send emissaries to Athens to audit its books, are partly intended to influence Greece and increase the chances that it will clean up its own fiscal act, with no extraordinary financial help.


The average Greek citizen, forced to accept inferior public services or pay bribes to get around them, is understandably not inclined to pay his or her fair share of taxes. This problem is compounded by a tax system that is arcane, vague, and quite punitive for those who are not prepared to dodge or bribe the tax inspectors, a service that the affluent take disproportionate advantage of.


The corrupt and predatory nature of government bureaucracies makes starting or growing a business in Greece a nightmare, which means fewer new private-sector jobs, slower economic growth, and lower tax revenues. Because of costly hassles, too many of Greece's well-educated and naturally entrepreneurial people shy away from starting new enterprises and instead scramble desperately for government employment, no matter how miserable the work. This puts pressure on politicians to hire them, which bloats the civil service even more.


Venitis notes the Fourthreichian Central Bank(ECB) has no mandate to take into account the situation of a specific country. Moreover, credit markets, Fourth Reich, and ECB do not trust Greek Finance Minister George Papaconstantinou, because he was a corporate director of OTE, an infamous phone company in cahoots with Siemens in superscandals. Papaconstantinou asserts he is trying to change the course of Titanic. There's no question that Greece, the most corrupt country on Earth, is in an economic and moral mess. Greek budget is an oxymoron! It's 13% of gross domestic product, much worse than the 3% limit stipulated for Eurozone slave States. Papaconstantinou says he'll shrink that shortfall to 8% next year, but Graecokleptocrats always mislead investors and Fourth Reich about how unfit the nation's finances are. Venitis estimates the deficit to increase to 20% next year!


Greece's debt troubles herald a domino of sovereign defaults in eurozone that could derail an economic recovery. Venitis points out PIGS(Portugal, Italy, Greece, and Spain) account for half the debt of eurozone. PIGS are indeed piggy slave States that create many problems for Fourth Reich(EU), demanding high proportions of the Cohesion Fund, playing dirty games, encouraging political corruption, and spreading the cancer of socialism. Lazy pigs enjoy dolce vita and expect hard-working Britons and Germans to support them! Pigs come to the trough all time!


Venitis notes that Fourth Reich(EU) decided to become the bailout reich, a free-ride area where entitlement spending in PIGS is underwritten by North Fourthreichian taxpayers. Euro will stabilize in the short-term, as investors face reduced uncertainty. However, this locks Fourth Reich on a trajectory to gradual monetary collapse, the path currently being followed by the dollar.


Venitis points out Papandreou lashes out at Eurokleptocrats, speculators, goblins, aliens, and kallikantzaroi for creating a psychology of looming collapse which could be self-fulfilling. Papandreou also declares that Greece is being treated as a guinea pig by Fourth Reich. But destabilizing actions or inflammatory statements by Papandreou make an orderly rescue less likely. Beggars can't be choosers.


Venitis asserts the stupid Constitution of Greece grants religious monopoly to the corrupt Orthodox Church! Graecokleptocracy and theocracy are bewildering Greeks. Mafiosi gay bishops promote every Greek premier as Moses who leads his people to salvation. But in reality, this kind of Moses leads the crowds who run amuck in the streets in the direction of the cliff! Byzantine mumbo jumbo cloaks the most corrupt country on Earth.


The Greek tragedy of default needs a fair catharsis. All culprits and all stupid mistakes must be exposed. Undisclosed derivatives. Creative accounting for off-balance-sheet liabilities. Investment bankers eager to tailor complex instruments in return for fat fees. And a furtive but gullible government that thought it could get something for nothing. Graecokleptocrats have only themselves to blame for their acrobatics to run up unsustainable debts. But the financial engineers are also culprits and cannot really complain when their designs blow up.