Submitted by Tyler Durden on 07/12/2015 - 10:37
After a day-long meeting of the Eurogroup, the European FinMins were unable to reach a conclusion on the third Greek bailout and instead once again punted the revised term sheet, this time with absolutely draconian terms, back to Tsipras, and told him he has until tomorrow to agree to the terms, and until Wednesday to pass them into law, for talks to even begin!
Prime Minister Tsipras’ Bailout Reform Package: An Act of TREASON Against the Greek People
by Prof Michel Chossudovsky, Global Research:
After having launched a Referendum to refute and refuse the debt
bailout agreement put together by the Troika, Prime Minister Tsipras
together with his newly instated Finance Minister, comes up four days
latter with an austerity package broadly similar to the one which was
turned down by the Greek government in June.
This about-turn had been carefully engineered. The Greek people were misled and deceived. The Referendum was an outright ”ritual of democracy”.
Tsipras had made a deal with the creditors. He was in favor of accepting the demands of the creditors all along.
Tsipras led the “NO” campaign while having already decided that in the wake of the Referendum, he would say YES to the creditors and cave in to their demands. This is tantamount to an Act of Treason.
Read More @ GlobalResearch.ca
After having launched a Referendum to refute and refuse the debt
bailout agreement put together by the Troika, Prime Minister Tsipras
together with his newly instated Finance Minister, comes up four days
latter with an austerity package broadly similar to the one which was
turned down by the Greek government in June.This about-turn had been carefully engineered. The Greek people were misled and deceived. The Referendum was an outright ”ritual of democracy”.
Tsipras had made a deal with the creditors. He was in favor of accepting the demands of the creditors all along.
Tsipras led the “NO” campaign while having already decided that in the wake of the Referendum, he would say YES to the creditors and cave in to their demands. This is tantamount to an Act of Treason.
Read More @ GlobalResearch.ca
Eurogroup Fails To Reach Deal, Gives Greece 24 Hours To Accept Draconian Terms
Submitted by Tyler Durden on 07/12/2015 - 10:37 After a day-long meeting of the Eurogroup, the European FinMins were unable to reach a conclusion on the third Greek bailout and instead once again punted the revised term sheet, this time with absolutely draconian terms, back to Tsipras, and told him he has until tomorrow to agree to the terms, and until Wednesday to pass them into law, for talks to even begin!from grindall61:
"It's Not Possible To Reach A Deal Today" - EU Summit Canceled As Leaders Scramble To Keep The Dr€am Alive
Submitted by Tyler Durden on 07/12/2015 - 08:10 It was a weekend in which, according to traders, Greece facing an "absolutely final" was going to be saved. Instead, it may go down in history as the weekend in which the Eurozone finally split and its long-overdue disintegration began.
A Broken Greek PM Says He Is "Ready For An Honest Compromise"
Submitted by Tyler Durden on 07/12/2015 - 10:09 TSIPRAS: AGREEMENT CAN BE REACHED TONIGHT IF ALL WANT IT
Leaked Eurogroup Statement Demands Much More From Greece, Keeps "Temporary Grexit" Option
Submitted by Tyler Durden on 07/12/2015 - 08:35 While there is "hope" in the unforgettable words of France's Moscovici, it is once again up to Greece to convince Europe it really wants to stay in the Union. According to Reuters, the Eurogroup is about to release a statement, whose draft it has seen, which will demand much more from the tiny country caught in a state of permanent depression. To wit: Greece will not be able to start negotiations on a third bailout until it makes changes to its sales tax and pension systems and strengthens the independence of its statistics office, a draft statement of euro zone finance ministers said on Sunday.
Someone Told Merkel...
Submitted by Tyler Durden on 07/11/2015 - 22:07 €10-14 billion was bad enough, but €25 billion may have been simply too much to bear...
[Ed. Note: To those of you who believe there’s
not much we can do to topple the tyranny of the federal government,
please pay extra close attention to this one.]
from Tru News, via VisionLiberty:
Texas Representative Giovanni Capriglione reveals to the Trunews audience a stunning new revelation about the Texas gold depository that will be built soon.
from Tru News, via VisionLiberty:
Texas Representative Giovanni Capriglione reveals to the Trunews audience a stunning new revelation about the Texas gold depository that will be built soon.
We are about a week into the Greek non-crisis, and nothing especially
scary has happened. Stocks opened up lower a couple of times, and there
was one wild trading day in EURUSD, but everything is essentially
unchanged. Which surprised everyone. Including me, a little.I used to be a plunger. Loved shorting stuff. I had one muscle, and I flexed it constantly. By my rough calculations, I was up about 18% by the time Lehman went bankrupt in 2008. The more turmoil, the better.
I was born in a bear market. Literally, in 1974, and figuratively—I learned to trade in the dot-com bust. Seven years into my trading career, I had experienced two crashes. I know lots of people who got rich buying GE at six bucks. I almost shorted it there.
Read More @ Wolfstreet.com
image:bicephalik.blogspot.com
from TruthNeverTold:
from Sputnik News:
Greece’s temporary exit from the eurozone was approved by German
Finance Minister Wolfgang Schaeuble and Chancellor Angela Merkel, the
German ZDF television channel reported Saturday, citing a government
source.
On Thursday, Greek Prime Minister Alexis Tsipras presented a loan request in exchange for spending cuts, tax hikes and pension reforms to the creditor institutions.
“Schaeuble’s plan of Greece’s exit from the eurozone is approved by Merkel, [Gemany’s Vice-Chancellor] Gabriel is also informed, according to the government circles,” ZDF’s employee said on Twitter.
Read More @ SputnikNews.com
Greece’s temporary exit from the eurozone was approved by German
Finance Minister Wolfgang Schaeuble and Chancellor Angela Merkel, the
German ZDF television channel reported Saturday, citing a government
source.On Thursday, Greek Prime Minister Alexis Tsipras presented a loan request in exchange for spending cuts, tax hikes and pension reforms to the creditor institutions.
“Schaeuble’s plan of Greece’s exit from the eurozone is approved by Merkel, [Gemany’s Vice-Chancellor] Gabriel is also informed, according to the government circles,” ZDF’s employee said on Twitter.
Read More @ SputnikNews.com
from The Sleuth Journal:
In the video below, a man builds an amazing shelter in the woods using only the resources you would find there.
Dirt, trees, rocks, and anything else he could find in his immediate surroundings are used to build a home better than many of us might be able to build even if we had access to Home Depot!
Maybe this could be inspiration for us to make sure we learn even the basics like building a fire or hanging food in a tree to keep away from animals. After all, if the time were to come where some of our infrastructures went down or had issues and we needed the basic skills of finding food, water, and shelter, a little woodcraft knowledge could really come in handy.
In the video below, a man builds an amazing shelter in the woods using only the resources you would find there.
Dirt, trees, rocks, and anything else he could find in his immediate surroundings are used to build a home better than many of us might be able to build even if we had access to Home Depot!
Maybe this could be inspiration for us to make sure we learn even the basics like building a fire or hanging food in a tree to keep away from animals. After all, if the time were to come where some of our infrastructures went down or had issues and we needed the basic skills of finding food, water, and shelter, a little woodcraft knowledge could really come in handy.
from Tenth Amendment Center:
A recent Rasmussen poll indicates a growing number of Americans agree
with James Madison and support state refusal to cooperate with the
federal government.
The first key finding was that a majority of likely voters in the U.S. believe states should have the right to opt out of federal programs.
The poll indicates that 54 percent believe states should ignore federal programs they don’t agree with. The number jumps if the program includes unfunded mandates. A full 61 percent of likely voters think states should have the right to opt out of federally mandated programs if the feds don’t help pay for them.
Read More @ Tenthamendmentcenter.com
A recent Rasmussen poll indicates a growing number of Americans agree
with James Madison and support state refusal to cooperate with the
federal government.The first key finding was that a majority of likely voters in the U.S. believe states should have the right to opt out of federal programs.
The poll indicates that 54 percent believe states should ignore federal programs they don’t agree with. The number jumps if the program includes unfunded mandates. A full 61 percent of likely voters think states should have the right to opt out of federally mandated programs if the feds don’t help pay for them.
Read More @ Tenthamendmentcenter.com
from The Vineyard of the Saker:
Two historical summits are taking place this week: the crisis talk in France and Germany about the Greek crisis and the simultaneous meeting of the BRICS and Shanghai Cooperation Organization (SCO) countries in Ufa, Russia. These two meetings could hardly be more different.
The Eurobureaucrats are scrambling to prevent a domino effect in which Greece would leave the Eurozone and set a precedent for other Mediterranean countries such as Italy, Spain or even France. But there is really much more at stake here than the comparatively small Greek debts, the solvency of European banks or even the future of the Euro. What is really at stake is the credibility and future of the entire “Euro project” and thus the future of the oligarchy which created it.
Read More @ Vineyardsaker.blogspot.ru
Two historical summits are taking place this week: the crisis talk in France and Germany about the Greek crisis and the simultaneous meeting of the BRICS and Shanghai Cooperation Organization (SCO) countries in Ufa, Russia. These two meetings could hardly be more different.
The Eurobureaucrats are scrambling to prevent a domino effect in which Greece would leave the Eurozone and set a precedent for other Mediterranean countries such as Italy, Spain or even France. But there is really much more at stake here than the comparatively small Greek debts, the solvency of European banks or even the future of the Euro. What is really at stake is the credibility and future of the entire “Euro project” and thus the future of the oligarchy which created it.
Read More @ Vineyardsaker.blogspot.ru
from ZenGardner:
When you pull back the curtain on all of the illusions, what you find
is quite preposterous. It is so absurd, so far removed from what we
perceive as reality, that not many people would ever believe it. It is
beyond science fiction.
“The truth is paradoxical to the extent of being exactly contrary to the usual perception.”
– Georges Bataille
Consider what actually lies behind that curtain. Behind the facades we perceive, are truths that are contrary to the perceived realities. It is not what we think it is. We have been trapped, enslaved for thousands of years, without us even realizing it. We are in a labyrinth of illusions, with gate keepers at every step. Sometime, long ago in prehistory, inter-dimensional demiurges came to our Earth to plunder her. They enslaved humanity and proclaimed themselves as almighty god, the creator.
Read More @ ZenGardner.com
When you pull back the curtain on all of the illusions, what you find
is quite preposterous. It is so absurd, so far removed from what we
perceive as reality, that not many people would ever believe it. It is
beyond science fiction.“The truth is paradoxical to the extent of being exactly contrary to the usual perception.”
– Georges Bataille
Consider what actually lies behind that curtain. Behind the facades we perceive, are truths that are contrary to the perceived realities. It is not what we think it is. We have been trapped, enslaved for thousands of years, without us even realizing it. We are in a labyrinth of illusions, with gate keepers at every step. Sometime, long ago in prehistory, inter-dimensional demiurges came to our Earth to plunder her. They enslaved humanity and proclaimed themselves as almighty god, the creator.
Read More @ ZenGardner.com
from The BRICS Post:
In a recently concluded summit of the region, Beijing has consolidated its already strong economic position in Central Asia.
In Russia for the BRICS and SCO Summits, Chinese President Xi Jinping called on the member states to “uphold the “Shanghai Spirit” for common development”.
At least $16 billion of China’s $40 billion Silk Road Fund will be dedicated to projects in Central Asia.
President Xi announced in Ufa, Beijing is willing to strengthen investment cooperation with other SCO members channeling the China-Eurasia Economic Cooperation Fund and the Silk Road Fund, “focusing on large infrastructure projects, resources exploitation, industry and finance”.
Read More @ TheBRICSPost.com
In a recently concluded summit of the region, Beijing has consolidated its already strong economic position in Central Asia.In Russia for the BRICS and SCO Summits, Chinese President Xi Jinping called on the member states to “uphold the “Shanghai Spirit” for common development”.
At least $16 billion of China’s $40 billion Silk Road Fund will be dedicated to projects in Central Asia.
President Xi announced in Ufa, Beijing is willing to strengthen investment cooperation with other SCO members channeling the China-Eurasia Economic Cooperation Fund and the Silk Road Fund, “focusing on large infrastructure projects, resources exploitation, industry and finance”.
Read More @ TheBRICSPost.com
from VisionVictory:
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