Avoiding ‘catastrophe’ and seizing the finance ministry

Posted on March 4, 2010 by stacyherbert| 28 Comments

Stacy Summary:  Good morning . . . ?

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28 Responses to Avoiding ‘catastrophe’ and seizing the finance ministry

  1. Creative Destruction Engineering | March 4, 2010 at 9:37 pm |

    Greek austerity measures to include pensioners pawning their clothes and wearing bed sheets as togas.

    This will encourage American college kids to visit for the raging parties!!!

  2. The Man from Glad | March 4, 2010 at 8:34 pm |

    Wonder if this will take some of the pressure off the Euro –

    EU authorises GMO potatoes

    http://www.bangkokpost.com/breakingnews/170244/eu-authorises-gmo-potatoes

  3. susan | March 4, 2010 at 5:11 pm |

    It seems to me that the two stories dovetail together perfectly, of Faber ‘Dr Doom’ giving advice to hedge fund managers to buy farms and shot-guns, and ‘German’ (Zionist?) politicians calling for the sale of Greek Islands……nice little island, easy to defend, nice climate, grow your own, surround yourself with flotilla of mercenaries….

    …this consolidation of wealth has a staggering audacity, esp. when I also read on Al Jazeera that pensions are being cut in Greece to pay the bankers.

  4. Mike/Liverpool | March 4, 2010 at 4:56 pm |

    Everything is in a “Holding pattern”………….i wonder if “Talks” are going on?
    Mike

  5. frances snoot | March 4, 2010 at 3:24 pm |

    The Greek crisis plays into a theme which the G20 desired to regulate in April 2009:

    “The G-20 endorsed the position of the President’s Working Group on Financial Markets that transactions in credit default swaps not cleared through a central counterparty be registered, with risk management standards for these instruments developed by regulators. There should also be public reporting of prices and trading volume.”

    http://www.financialcrisisupdate.com/2009/04/g20-working-group-proposes-systemic-risk-regulation-including-hedge-funds-and-reform-of-executive-co.html

    ““In view of the reaction in financial markets to developments in Greece, we do believe it’s necessary to improve transparency and regulation for credit-default swaps,” German Finance Ministry spokesman Michael Offer said in Berlin.”

    http://www.businessweek.com/news/2010-03-01/merkel-seeks-to-damp-greek-emotions-in-euro-crisis-update1-.html

    One can predict the next crisis by reading the G20 working groups recent decisions on what is a necessity for future regulation and prohibition. It’s inevitable!

  6. Marc Authier | March 4, 2010 at 3:05 pm |

    @Mother Earth
    One day ? You round up the criminal rats from Goldman Sachs and send to Sing Sing for 400 years.

  7. Marc Authier | March 4, 2010 at 3:02 pm |

    The irish bailout of banks will not work. These bastards should be put in prison for the rest of their lives. Rebellion against their corrupt cancerous politicians too.

  8. x | March 4, 2010 at 2:26 pm |

    Despite its wealth, Germany cannot afford to bail out/subsidize the standard of living of Greece, Spain, Italy, Portugal; nor should they.
    This is a job for the IMF.

  9. Youri Carma | March 4, 2010 at 11:44 am |

    Hedge Funds Plan Euro Shorts at Secret Dinner Vid http://tinyurl.com/yamdfdj

  10. Mother Earth | March 4, 2010 at 11:34 am |

    @Imagineer

    Sorry, no clue..

    @Nobody

    Some say the only options are revolution or collapse, but if anybody in government had a spine it would be all over in 1 day.

  11. Bonn | March 4, 2010 at 11:24 am |

    I am sure tat tose US Satilites do more tan take photos
    Hic ;-)

  12. Bonn | March 4, 2010 at 11:19 am |

    I mean Whats the Point in Going after Greece
    By History these lunatics have never gone after a country unless its got Resources
    Surely they are’nt after 65 year olds Austerity measure/tax reciepts
    Tat could hardly amount to much $$$$$$$$ and its Future monies reciepts IMO
    Hic ;-)

  13. maxkeiser | March 4, 2010 at 11:18 am |

    Was Soros just talking his book again re: Euro

    http://broadcast.ino.com/education/eurusd301/

    Seems like he was buying as dupes were selling

    He must be late on a chateau payment or something. His recent media-assisted market manipulations have been coming fast and thick.

  14. Vega Man | March 4, 2010 at 11:15 am |

    http://www.youtube.com/watch_popup?v=7H0K1k54t6A

    German Concept Laptop

    This is pretty cool,

    Vaga Man

  15. nobody | March 4, 2010 at 11:13 am |

    @ Mother Earth.

    The story of the vulture fund on BBC is sickening. They have privatised morality and virtue.

  16. Bonn | March 4, 2010 at 11:11 am |

    I Have a Strange Feeling tat PIIGS all have Resources tat they are’nt aware of me tinks
    Hic ;-)

  17. NicAbbott | March 4, 2010 at 10:53 am |

    Morning yol

    Reading the german press at the moment is hilarious. Such a great fight going on in Greek and German papers.

    However, can’t help a smile at this in Reuters
    http://www.reuters.com/article/idUSLDE6230BL20100304?type=marketsNews

    “Greece could sell islands to cut debt (says) German MPs”

    Presumably to Germans, but they only want the sun-beds. Oh I’m sooo funny.

  18. The Man from Glad | March 4, 2010 at 10:48 am |

    Soros is bashing the Euro to help USD temporarily | Webster Tarpley on RT

    http://www.youtube.com/watch?v=ePOwXxtoQDE

  19. Lloyd | March 4, 2010 at 10:44 am |

    Which Western gov’t will declare martial law first?

  20. TJ | March 4, 2010 at 10:41 am |

    Great headlines and wishful thinking for some.

    The Greeks know how to punish wise-guys.

    Let’s watch and learn ;-)

  21. Bonn | March 4, 2010 at 10:30 am |

    @ Stacy
    Its a morning fer sure but in an Surreal Environment which Humanity is going thru
    Hic ;-)
    Anyways G’mornin Y’all

  22. imagineer | March 4, 2010 at 10:29 am |

    oops Irish, its been a long day Hic

  24. Danny | March 4, 2010 at 10:26 am |

    Geithner’s Illegal Money-Laundering Scheme Exposed; Harry Markopolos Says “Don’t Trust Your Government”
    http://globaleconomicanalysis.blogspot.com/2010/03/geithners-illegal-money-laundering.html

    Britain Grapples With Debt of Greek Proportions
    http://www.nytimes.com/2010/03/03/business/global/03pound.html

    Exclusive: Paulson and other smart money buying dirt
    http://www.reuters.com/article/idUSTRE61P05K20100226?source=patrick.net

  25. Vega Man | March 4, 2010 at 10:25 am |

    Modern Money Mechanics
    by the Federal Reserve Bank of Chicago

    http://www.truthsetsusfree.com/ModernMoneyMechanics.pdf

    I have a copy of this book I got years ago from the Federal Reserve Bank of Chicago, It was free. They show how through fractional reserve banking they can turn US $10,000.00 into $100,00.00 . Scroll down to see their charts and graphs.

    Vega Man

  26. imagineer | March 4, 2010 at 10:23 am |

    mother I love ur pic,,, who is she?

  27. imagineer | March 4, 2010 at 10:22 am |

    me first… u lazy buggers
    N