from Junius Maltby:
"It Could Never Happen Here" - America Is Not Greece
Submitted by Tyler Durden on 07/02/2015 - 15:51 Tick, tock... "it could never happen here?"
…. Debt Relief From the New Development Bank?
by Stephen Lendman, Global Research:
In
May, Russian Deputy Finance Minister Sergey Storchak invited Greek
Prime Minister Alexis Tsipras to become the sixth BRICS member – joining Brazil, Russia, India, China and South Africa.
At the time, Tspiras said he was interested – giving Greece access to its $100 billion capitalized New Development Bank (NDB), aiming to break Western dominance and become one of the world’s leading lending institutions.
It’s headquartered in Shanghai – expected to begin operating in July, according to Russian Deputy Finance Minister Sergei Storchak. Indications are Russia and perhaps China are willing to help Greece financially. So far Greece hasn’t requested it.
Athens is holding talks with other BRICS members on possible membership. They’ll continue during a July 9 and 10 summit in Ufa, Russia.
Read More @ GlobalResearch.com
by Stephen Lendman, Global Research:
In
May, Russian Deputy Finance Minister Sergey Storchak invited Greek
Prime Minister Alexis Tsipras to become the sixth BRICS member – joining Brazil, Russia, India, China and South Africa.At the time, Tspiras said he was interested – giving Greece access to its $100 billion capitalized New Development Bank (NDB), aiming to break Western dominance and become one of the world’s leading lending institutions.
It’s headquartered in Shanghai – expected to begin operating in July, according to Russian Deputy Finance Minister Sergei Storchak. Indications are Russia and perhaps China are willing to help Greece financially. So far Greece hasn’t requested it.
Athens is holding talks with other BRICS members on possible membership. They’ll continue during a July 9 and 10 summit in Ufa, Russia.
Read More @ GlobalResearch.com
Did The IMF Just Open Pandora's Box?
Submitted by Tyler Durden on 07/02/2015 - 15:33 ... at this very moment, politicians from Spain's Podemos to Italy Five Star movement are drafting memos demanding that the IMF evaluate their own debt sustainability. Or rather unsustainability.Jobs Jolt Sparks Bond Bid; Stocks Skid As "Day Of Greckoning" Looms
Submitted by Tyler Durden on 07/02/2015 - 16:05
Friday Humor: How To Use A Fax Machine
Submitted by Tyler Durden on 07/02/2015 - 15:10 Hillary Clinton figuring out how to work a fax machine... and this is who may become America's next President?
China State Official Hints Beijing May Bailout Greece
Submitted by Tyler Durden on 07/02/2015 - 14:55 "I believe there are two ways to give Greece Chinese aid. First, within the framework of the international aid through EU countries. Second, China could aid Greece directly. Especially considering the Silk Road Economic Belt and the Asian Infrastructure Investment Bank. China has this ability," Fan Mingtao director of the Quantitative Finance Department at China's Institute of Quantitative and Technical Economics told Sputnik China. It would be difficult to imagine a more fitting pilot program for the world’s newest supranational lender than a rescue package for the birthplace of Western democracy which has been brought to its knees by that most Western of all multilateral institutions, the IMF.
JPMorgan Banker: "We Can't Make Money Anymore..."
Submitted by Tyler Durden on 07/02/2015 - 17:00 "...between ridiculously low interest rates and the increasing costs of compliance, we can’t make money anymore..."The US government has really screwed the world on this. Paperwork is the priority. Not business. The transition isn’t going to be smooth. And it won’t happen overnight. But there will come a time, and likely soon, when the United States gets displaced.
Your
analysis on the June jobs report was posted in the comments section on
the WSJ online. After reading them, I did some more research based on
concepts you introduced [to me]. I learned more in the last 90 minutes
about the BLS surveys than from the past 12 months of WSJ articles on
the topic. Thanks. – from “Jim” in his Linked-In connection request640,000 thousand people leave the workforce but the unemployment rate drops to 5.3%. Only here in this country now can sell that big bag of shit. 20 years ago anyone would have been embarrassed to print that report or laughed out of the meeting room. – Dave’s NY friend
NY Friend: Of all the lies you ever told in your days of a junk bond trader, you never told a lie that blatant. You used to say a good lie contained an element of truth.
Me: Dude, I only told lies I knew I could get away with.
NY Friend: We’re back to the 1977 level of employment when one income could support a household.
Read More @ Investmentresearchdynamics.com
Cost Of "War" With ISIS Hits $9.2 Million Per Day
Submitted by Tyler Durden on 07/02/2015 - 14:50 The American taxpayer is paying a hefty price to support the “battle” against the CIA’s “strategic asset” gone rogue. The damage: about $9.2 million per day or around $3 billion in total, meaning the US could have created around 67,000 average jobs with the money it's spent fighting the group.Goldman: "Greece Will Remain In Euro Even If It Votes No", And How Markets Will React
Submitted by Tyler Durden on 07/02/2015 - 14:36 The time to negotiate the Greek referendum this Sunday has come and gone and at this point, one can only sit and wait as the vote results start trickling in on Sunday evening. And, as Goldman's Huw Pill prudently observes, the outcome of Sunday's Greek referendum is uncertain. "Regardless of the outcome, Greece will continue to face substantial economic dislocation in the shorter term." What is interesting is that Goldman says "Greece will ultimately remain in the Euro area even in the event of a ‘No’ vote."from TheAlexJonesChannel:
Plunge In Export Prices Is Now Worse Than The Great Financial Crisis
Submitted by Tyler Durden on 07/02/2015 - 14:06 Spot The Recovery...
EU Parliament President Tells Greece:Time For Another Puppet Government
Submitted by Tyler Durden on 07/02/2015 - 13:52 European Parliament president Martin Schulz said his faith in the Greek government had reached "rock bottom," and, as AFP reports, that he hopes it resigns after Sunday's referendum. Luckily, he has an idea for a solution... the time between the departure of Tsipras' hard-left Syriza party and new elections would have to "be bridged with a technocratic government, so that we can continue to negotiate." Just what The Greeks need - another "Yes man" puppet government to implement whatever Europe's bankers demand.
Robot Kills Worker At German Car Factory
Submitted by Tyler Durden on 07/02/2015 - 13:36 It begins... " The 22-year-old was part of a team that was setting up the stationary robot when it grabbed and crushed him against a metal plate..."
Finally The Truth: "The Greek Debt Is So Big Everyone Understands It Won’t Be Repaid"
Submitted by Tyler Durden on 07/02/2015 - 13:13 "... this [Greek] debt is so big that everyone understands that it won’t be repaid. Loans to Greece have just bought time so that those in power don’t have to take decisions. This is like a game: who can hold out longer by not showing that this money has been lost? This burden has become bigger and there obviously is no possibility to repay.... debt writedown of Greek debt will come after bankruptcy of state."from TruthNeverTold:
[Ed. Note:
FRIENDS, none of this is by accident, it is by design. Satanists within
our government and governments around the world are trying to usher in
their ‘New World Order’, a Luciferian nightmare in which all levels of
perversion are “legal”. Though extremely controversial, if you have not
read the ‘Protocols of Zion’, at this point we must recommend that you do so.’]
from News Max:
Former U.S. House Majority Leader Tom DeLay claims the Justice
Department has drafted a memo that spells out a dozen “perversions,”
including bestiality and pedophilia, that it wants legalized.
“We’ve … found a secret memo coming out of the Justice Department. They’re now going to go after 12 new perversions. Things like bestiality, polygamy, having sex with little boys and making that legal,” DeLay said Tuesday on “The Steve Malzberg Show” on Newsmax TV.
“Not only that, but they have a whole list of strategies to go after the churches, the pastors and any businesses that try to assert their religious liberty. This is coming and it’s coming like a tidal wave.”
Read More @ NewsMax.com
Image: Wikipedia
from News Max:
Former U.S. House Majority Leader Tom DeLay claims the Justice
Department has drafted a memo that spells out a dozen “perversions,”
including bestiality and pedophilia, that it wants legalized.“We’ve … found a secret memo coming out of the Justice Department. They’re now going to go after 12 new perversions. Things like bestiality, polygamy, having sex with little boys and making that legal,” DeLay said Tuesday on “The Steve Malzberg Show” on Newsmax TV.
“Not only that, but they have a whole list of strategies to go after the churches, the pastors and any businesses that try to assert their religious liberty. This is coming and it’s coming like a tidal wave.”
Read More @ NewsMax.com
Image: Wikipedia
by Jeff Berwick, Dollar Vigilante:
So far, in Greece, the hardest hit have been pensioners.
As Bloomberg reports, “On the third day of capital controls, a few dozen pensioners lined up by 7 a.m. at a central Athens branch of the National Bank of Greece, an hour before opening time. They were to receive a maximum of 120 euros ($133), compared with the average monthly payment of about 600 euros. Many left with nothing after the manager said only those with last names starting with the letters A through K would get paid.”
… Unfortunately, many of these seniors lived in a time before the internet. Their only source of information was from government controlled or regulated television, radio and newspapers. These were owned by the people who control the government itself. It was not in their interest to tell the truth. And they didn’t.
Read More @ Dollarvigilante.com
So far, in Greece, the hardest hit have been pensioners.As Bloomberg reports, “On the third day of capital controls, a few dozen pensioners lined up by 7 a.m. at a central Athens branch of the National Bank of Greece, an hour before opening time. They were to receive a maximum of 120 euros ($133), compared with the average monthly payment of about 600 euros. Many left with nothing after the manager said only those with last names starting with the letters A through K would get paid.”
… Unfortunately, many of these seniors lived in a time before the internet. Their only source of information was from government controlled or regulated television, radio and newspapers. These were owned by the people who control the government itself. It was not in their interest to tell the truth. And they didn’t.
Read More @ Dollarvigilante.com
The Globalization Of Politics – Religion – And Education
from Pete Santilli Show:
Two powerful guest on The Pete Santilli Show tonight with two important messages! First up is Eric John Phelps author of “Vatican Assassins,” to talk about Pope Francis and his role in the push toward globalization. Also on the show will be Charlotte Iserbyt who has a very urgent alert concerning the upcoming week’s debate over education and the ESEA bill. S1177. Number to call to request Senators vote NO is 202-224-3121. This legislation is the final blow to America since its contents include many ingredients of nasty Sup. Ct. decisions, even use of parts of TPP (workforce part). If it passes, USA will be toast, under unelected council form of government, birth through death, with all that goes with that: communist brainwashing, curriculum, assessment, data collection, remediation of improper values, etc. Early childhood education, which is communist, is, I think the most dangerous part. Tax-funded school choice and charters with unelected boards will start ball rolling for unelected councils/regionalism which is communism!
from Pete Santilli Show:
Two powerful guest on The Pete Santilli Show tonight with two important messages! First up is Eric John Phelps author of “Vatican Assassins,” to talk about Pope Francis and his role in the push toward globalization. Also on the show will be Charlotte Iserbyt who has a very urgent alert concerning the upcoming week’s debate over education and the ESEA bill. S1177. Number to call to request Senators vote NO is 202-224-3121. This legislation is the final blow to America since its contents include many ingredients of nasty Sup. Ct. decisions, even use of parts of TPP (workforce part). If it passes, USA will be toast, under unelected council form of government, birth through death, with all that goes with that: communist brainwashing, curriculum, assessment, data collection, remediation of improper values, etc. Early childhood education, which is communist, is, I think the most dangerous part. Tax-funded school choice and charters with unelected boards will start ball rolling for unelected councils/regionalism which is communism!
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