Submitted by Tyler Durden on 07/13/2015 - 06:54 Now that Greece has capitulated and offered up its sovereignty in what can only be described as an unconditional surrender to Berlin and Brussels, here's what's next for the country, the government, and the Greek people.
Yanis Varoufakis: "Merkel's Control Over The Eurogroup Is Absolute, They Are Beyond The Law"
Submitted by Tyler Durden on 07/13/2015 - 09:30 The new Greek deal is "absolutely impossible, totally non-viable and toxic …[they were] the kind of proposals you present to another side when you don’t want an agreement." Speaking with The New Statesman, former Greek FinMin Yanis Varoufakis blasts Wolfgang Schaeuble's position which will lead to "a humanitarian crisis" for Greece and warns, regarding this latest creditors' proposal, "if anything it will be worse [for the Greeks]." His conclusion is succinct, "we were set up...," Merkel and Schäuble’s control over the Eurogroup is absolute, and that the group itself is beyond the law.
What Assets Did Greece Just Hand Over To Europe: "Airports, Airplanes, Infrastructure And Most Certainly Banks"
Submitted by Tyler Durden on 07/13/2015 - 08:54 The Simpsons was right all along...
How German Media See The New Greek 'Deal'
Submitted by Tyler Durden on 07/13/2015 - 09:17 Germany's largest public TV broadcaster's most popular show explains how "Greece was assigned to its place..."
EU Exit Will Now Be "Threat To Those Who Don't Behave The German Way," BofA Says
Submitted by Tyler Durden on 07/13/2015 - 08:38 "Exit from the currency block is now officially something that can be used as a threat to those that don’t behave the German way.""The last six months' crisis has exposed weaknesses in the Eurozone's governance framework that will likely reverberate for months and years into the future."
'1984' Comes To Europe - The End Of Freedom Of Speech In Spain
Submitted by Tyler Durden on 07/13/2015 - 08:20 Spain has shown that it is fully on board with the Brussels authoritarian direction of ending democracy. Those in power have simply convinced themselves that the people do not understand what is good for them so they must impose their will upon the people but raw force. How does this differ in any what from the justification of imposing communism? This is the death of all freedom and it is upon our doorstep.
Tsipras Releases Statement Following Greek "Deal", Will "Fight To Regain Lost National Sovereignty"
Submitted by Tyler Durden on 07/13/2015 - 08:05 "Greece will continue to fight, and we will continue to fight, so that we can return to growth, regain our lost national sovereignty"
Greece Banks Not Out Of The Woods, May Impose Tougher Capital Controls, Barclays Says
Submitted by Tyler Durden on 07/13/2015 - 07:54 Even with a deal in place and a new program for Greece on the horizon, the country's banks are by no means in the clear as deposit outflows, limited breathing room under ELA, and deteriorating asset quality present formidable stumbling blocks going forward.
"The Genie Is Out Of The Bottle" - The Moment The Euro Became Reversible
Submitted by Tyler Durden on 07/13/2015 - 07:16 ... It was on the table. And that means that to some extent, the genie is now out of the bottle. Brussels is officially discussing how to engineer Greece’s departure. The euro is not irreversible. Clearly, they will not do “whatever it takes” to keep it together.
Market Wrap: Global Stocks, Futures Jump In Kneejerk Relief Rally; Safe-Haven Assets Drop
Submitted by Tyler Durden on 07/13/2015 - 06:53 For once the Chinese stock market rollercoaster (where the Shanghai Composite closed up 2.4% after another day of early selling) was fully upstaged by events in Europe.
Deal Struck Following Total Capitulation By Tsipras: Market Awaits Greek Reaction To Draconian Deal Terms
Submitted by Tyler Durden on 07/13/2015 - 06:16 Just around 9am CET, after a 17-hour mammoth all-night session, Greece did manage to cobble together a "deal" if one may call this latest embarrassing can-kicking that, which was nothing short of total capitulation by Tsipras. As part of the deal, Greece "surrendered to European demands for immediate action to qualify for up to 86 billion euros ($95 billion) of aid Greece needs to stay in the euro" in the words of Bloomberg.
from The Wealth Watchman:
The New Normal
In a week where “glitches” froze all Dow
Jones securities trading for roughly 2/3 of an entire trading day, and
Beijing pointlessly kept clamping down on anyone suddenly wishing to
extricate their capital from perhaps the most short-term, over-bought
stock market index on the planet…things in Greece have continued to go from bad, to worse, to horrifying.
Recently I warned that the time of
“peaceful days”, without threatening incidents to global financial
health, were behind us. What’s going on at the Euro Summit now, is
further proof that the bankster assassins of national sovereignty are
hell-bent on making an example out of the Greek people.
Read More…
from What Really Happened:
Imagine for a moment that someone inherits a farm. Let’s say that the
farm has good topsoil, a good well, good breeding stock, good seed, and
excellent farm equipment in good repair. Prior to passing into the
control of the present owner the farm did a good business selling
vegetables, meat, and dairy products to the local market, and it made a
small profit.
But let us suppose for a moment that the present owner of the farm doesn’t understand farming, or isn’t even really interested in learning. The present owner has no objection to standing around looking good, so he stays at the farm, standing in front of it, looking good to passers by.
Read More @ WhatReallyHappened.com
Imagine for a moment that someone inherits a farm. Let’s say that the
farm has good topsoil, a good well, good breeding stock, good seed, and
excellent farm equipment in good repair. Prior to passing into the
control of the present owner the farm did a good business selling
vegetables, meat, and dairy products to the local market, and it made a
small profit.But let us suppose for a moment that the present owner of the farm doesn’t understand farming, or isn’t even really interested in learning. The present owner has no objection to standing around looking good, so he stays at the farm, standing in front of it, looking good to passers by.
Read More @ WhatReallyHappened.com
from WhyGoldandSilver:
from Wolf Street:
We have long grinned painfully at the ways in which Corporate America
and analysts collude to present the quarterly earnings charade in the
rosiest light possible. But now, it seems they have reached the end of
their magic tricks, and reality is showing through in an increasingly
terrible trend.
Analysts concoct sky-high earnings-per-share expectations for quarters in the distant future to obtain “forward-looking,” pro-forma, adjusted, ex-bad-items fictional P/E ratios that they then bandy about to raise “price targets” and justify ludicrous stock valuations.
Read More @ Wolfstreet.com
image:bicephalik.blogspot.com
We have long grinned painfully at the ways in which Corporate America
and analysts collude to present the quarterly earnings charade in the
rosiest light possible. But now, it seems they have reached the end of
their magic tricks, and reality is showing through in an increasingly
terrible trend.Analysts concoct sky-high earnings-per-share expectations for quarters in the distant future to obtain “forward-looking,” pro-forma, adjusted, ex-bad-items fictional P/E ratios that they then bandy about to raise “price targets” and justify ludicrous stock valuations.
Read More @ Wolfstreet.com
image:bicephalik.blogspot.com
from reg Hunter:
Plenty of people think there could be another financial calamity as early as fall of 2015. What is financial writer Charles Hugh Smith’s timeline? Smith predicts, “I see the motivation and the trend unfolding along those lines. They may be able to save it for another quarter, or maybe it will be the first quarter of 2016.
We don’t know the exact timing, but they just keep winding the spring tighter and tighter. It is an attempt to control the exact circumstance they are all afraid of, which is the wheels falling off. All the spying, the manipulation and the propaganda are all about trying to control events. So, when things spin out of control, they will have already used all the tools they have. . . . I definitely think there is going to be some sort of event, and we are starting to see it now. Maybe they will stretch it out to September or October, which we all know is historically when crashes tend to occur. Then, they might unleash some sort of save, QE 3,4,5,6, whatever and pull things out of a hat. That would cover things up again for another few months, but I definitely think by 2016 that there are going to be events that they are going to be unable to control… These wild swings in the market are reminiscent of 1929.”
Join Greg Hunter as he goes One-on-One with Charles Hugh Smith of the popular financial website OfTwoMinds.com.
Plenty of people think there could be another financial calamity as early as fall of 2015. What is financial writer Charles Hugh Smith’s timeline? Smith predicts, “I see the motivation and the trend unfolding along those lines. They may be able to save it for another quarter, or maybe it will be the first quarter of 2016.
We don’t know the exact timing, but they just keep winding the spring tighter and tighter. It is an attempt to control the exact circumstance they are all afraid of, which is the wheels falling off. All the spying, the manipulation and the propaganda are all about trying to control events. So, when things spin out of control, they will have already used all the tools they have. . . . I definitely think there is going to be some sort of event, and we are starting to see it now. Maybe they will stretch it out to September or October, which we all know is historically when crashes tend to occur. Then, they might unleash some sort of save, QE 3,4,5,6, whatever and pull things out of a hat. That would cover things up again for another few months, but I definitely think by 2016 that there are going to be events that they are going to be unable to control… These wild swings in the market are reminiscent of 1929.”
Join Greg Hunter as he goes One-on-One with Charles Hugh Smith of the popular financial website OfTwoMinds.com.
by Paul A. Philips, Activist Post:
Signed by Governor Jerry Brown, the recent implementation of SB277
making vaccinations mandatory law in California for men, women and
children regardless of belief has indeed fueled much controversy and
acrimonious opposition accusing the US state of unconstitutional medical fascism.
Vaccinations in public and private schools will be mandatory, but those homeschooling will be exempt. Other exemptions will be for those having a medical condition that justifies waiving vaccinations as backed and signed by a doctor.
It has been said that the decision to enforce vaccinations in California will follow on with other states and could turn into a world-wide law….
Read More @ ActivistPost.com
Signed by Governor Jerry Brown, the recent implementation of SB277
making vaccinations mandatory law in California for men, women and
children regardless of belief has indeed fueled much controversy and
acrimonious opposition accusing the US state of unconstitutional medical fascism. Vaccinations in public and private schools will be mandatory, but those homeschooling will be exempt. Other exemptions will be for those having a medical condition that justifies waiving vaccinations as backed and signed by a doctor.
It has been said that the decision to enforce vaccinations in California will follow on with other states and could turn into a world-wide law….
Read More @ ActivistPost.com
by Christina Sarich, Natural Society:
According to Credo, Nestle CEO Tim Brown was asked in a radio interview recently if the company would consider halting their water extraction from a national forest in drought-stricken California. The answer may not be what you’d expect.
Did Brown apologize for the corporation’s contribution to California’s water crisis? Nope. He doubled down and said, “Absolutely not. In fact, if I could increase it, I would.” Many of the 200,000 activists who signed a petition asking Nestle to stop extracting water from the national forest reserve found out about Nestle’s actions through Natural Society. In all, the sheer amount of protest drummed up quite a bit of negative press for Nestle. The company has still refused to change its ways.
Read More @ NaturalSociety.com
According to Credo, Nestle CEO Tim Brown was asked in a radio interview recently if the company would consider halting their water extraction from a national forest in drought-stricken California. The answer may not be what you’d expect.Did Brown apologize for the corporation’s contribution to California’s water crisis? Nope. He doubled down and said, “Absolutely not. In fact, if I could increase it, I would.” Many of the 200,000 activists who signed a petition asking Nestle to stop extracting water from the national forest reserve found out about Nestle’s actions through Natural Society. In all, the sheer amount of protest drummed up quite a bit of negative press for Nestle. The company has still refused to change its ways.
Read More @ NaturalSociety.com
from StillSpeakingOut:
Credits to CyberBerkut. Original: https://www.youtube.com/watch?v=NrsH9…
from Your News Wire: A group of Russian hackers called Cyber Berkut have released a video showing a staged ISIS beheading, hacked from an electronic device from one of the staff of U.S. Senator John McCain.
Credits to CyberBerkut. Original: https://www.youtube.com/watch?v=NrsH9…
from Your News Wire: A group of Russian hackers called Cyber Berkut have released a video showing a staged ISIS beheading, hacked from an electronic device from one of the staff of U.S. Senator John McCain.
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