Greece has just stolen 172bn Euros worth of private lenders money, by forcing them to accept a 74% down grade in the value of the money they will get back, for lending them money. This is a state organised theft, whereby the Greeks will not pay back private lenders, while they will pay back the EU governments and the EU central bank who have lent them money.
So are they ashamed? Well no, the Greek Finance Minister, Evangelos Venizelos, hailed the theft as an "exceptional success". And their confederates in this crime? Well they are just as happy .... French President Nicolas Sarkozy said, "Today the problem is solved. I would like to say how happy I am that a solution to the Greek crisis, which has weighed on the economic and financial situation in Europe and the world for months, has been found." The German Chancellor Angela Merkel said it was "encouraging".
So now that we have removed 172bn Euros from the Greek debt what as we going to do? Why, we are going to give them a new 130bn-euro (£110bn; $173bn) bailout ot taxpayers money. In other words we are re-saddling them with nearly as much debt as we took off them by stealing it from the private lenders ...... its a very strange and disturbing world.
So are they ashamed? Well no, the Greek Finance Minister, Evangelos Venizelos, hailed the theft as an "exceptional success". And their confederates in this crime? Well they are just as happy .... French President Nicolas Sarkozy said, "Today the problem is solved. I would like to say how happy I am that a solution to the Greek crisis, which has weighed on the economic and financial situation in Europe and the world for months, has been found." The German Chancellor Angela Merkel said it was "encouraging".
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| Three Masked Bandits - Wanted Across Europe |
So now that we have removed 172bn Euros from the Greek debt what as we going to do? Why, we are going to give them a new 130bn-euro (£110bn; $173bn) bailout ot taxpayers money. In other words we are re-saddling them with nearly as much debt as we took off them by stealing it from the private lenders ...... its a very strange and disturbing world.
