Stacy Summary: As Goldman is involved, they’ll probably never have to.
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ref. max keiser & Get 6 mo’s free storage
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crash banksters – Buy Silver & gold
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Most recent: 
now now frances!
you like them pics;) some of them just for you!
It wasn’t nice what you did! but we knew. our buffer boiled over as expected. Bonn been naughty too.
Any ways I reckon we should talk. you did not clean up well after yourself.
Did you wonder why you had to go thru 2 hops? 1 for record.
this could not be good if published, neither for dreamland nor for fox and fauxy. And mizz Stac. let this message go thru. we all want to solve this with out a hitch. question is was it sanctioned by your masser or not??? and who’s to pay.
send a mail to dawg on where to talk.
Greece is one fine hell hole.
Lordy!
Do it still be a’howlin’ Steller?
I be done with dawgs. They do make trouble fur a body.
But they’z cute. They got’z floppy ears and waggly tails!
Yep. But I done caught Harry W. diggin’ under that back fence.
He get through?
Nope. He set down and started jawin’ bout thangs. Wurds don’t suit a dawg much.
Donno. Dawgs is dawgs. Might be wurds make a man outta a dawg.
Or might be men is merely dawgs pree-tend-in’ like. Hopin’ some time they get their ears rubbed.
Maybe we do well to get a sheep-or-a-cow?
Nope. County’d-be after the milk. They do milk us like we’z folksies were cows.
Reckon so? County be over fore the sheep and the cows come home.
Reckon yur right. Them’z got no money to pay to steal no more.
Good thang.
Yep.
I’ll come back as cow or sheep to suit harry w.
Or let you and you masser to do gods work.
if you want to fish more give me you major an tell me how deep. leave note on where to meet
nah you not givin me nothin, ye I Iuuuuv all.
you givin me nothin.
Did y’all hear a dawg?
Ain’t heared nuthang but Harry W. He don’t souwnd like no dawg.
But I do swear I think one be a’howlin’ somewhare.
Be a mind to check, Steller.
Nope. If’n we find that dawg, we’z gonna haffta train him. Do be like Harry W. that be a waste of our’n time.
Yep.
Mizz Stacee:
Thank-you for lettin’ me peg over hair. I do try to keep Cleetus frum a’writin’ but he do beat all fur creepin-creepy-like up on a body! He be a’breathin’ down my neck right now. Do think he be sweet on y’all, Mizz Stacee. I hope that be a com-ply-ment. It do be meant to be.
Ah now you talkin owl!
How deep did you getin?
Awooo. If need be pussies turn to lions or die tryin while cryin , but pussies like to be civil. right? what major 2008?
As fur dust, y’all can larn more out-uf-doors than peerin’ at them KJ Engleesh wurds. Ma
Yep. I got’s to get back to Aridzona whar a fella don’t steam in his own skin in the summer.
Y’all think that Glenn Beck’z gonna get us our’n civil rights back?
Donno.
Wahl, I think ya best larn to be civil then look fur some rights, Cleetus.
Steller, this be a con-verse-say-shun fur MEN. Y’all just a girl.
Yur ’bout as close to a man as a coon is a butterfly, Cleetus. And them civil rights y’all been jawin’ on were fur them that had nuthang. Them’z is a’losin’ ‘em took ‘em from them’z that had nuthang. What’y'all know ’bout that?
Can y’all shut ‘er up, Cleetus?
Steller: y’all shut that pie-trap fore I make ya!
HAHAHAHAHA!
That didn’t wurk. Try chuckin’ somethang at her.
I ain’t afeard. I got just-as-much-right-to-tawlk as y’all ‘big boys’ do. Y’all ain’t never wurked frum sun-to-set, ate little, and lost yer familee fur nuthang. Y’all better larn to be civil right fast. I hear-ed that Bounty got’z the evil eye on ya!
Lordy.
I be a’scared, Steller.
Wahl, yur Re-pub-lickin’ partee full of them that oncet took sum wurds and made them wrong fur all men. And now’z it be the same.
Cumon, Harry W. Let’z go fishin’. This here yack-attack is doin’ me in.
Ain’t a’fishin. I like what Steller do say. Awooo Awoo to you.
!!!
@Mr.F.Beard:
Ya’ll ain’t read what Steller done writ, with all due re-specked, Mr. (what the sam-hill kinda name y’all got?) FB. I done said the body do believe it do hold the deed fur the land. Now a soul’s not a body nor a body a soul. So ain’t gonna figure ’bout shadows today. As fur dust, y’all can larn more out-uf-doors than peerin’ at them KJ Engleesh wurds. Y’all be right dusty in no time and pasty-white to boot! Them wurds be right nice and comfort-like, but they seemsta lose their pote-tense-see ovur time. I prefer my dandeelion wine fur stayin’ power.
Now, if y’all ain’t got nuthin’ better to do than bitsy-bossy over the news, I best be off. Gotsum collards to pick.
sin-ceer-lee:
Ma
@Ma,
Life is real! Life is earnest!
And the grave is not its goal;
“Dust thou art, to dust returnest,”
Was not spoken of the soul. that long fella
http://ny.audubon.org/education/blackbird.htm
http://www.lyricstime.com/unknown-captain-jinks-of-the-horse-marines-lyrics.html
Ma, watcha doin’?
I be packin’ Granny’s best china plates, Sweet Pea.
Why?
A little blackbird winked at me.
What’z that got to do with Granny’s best china plates, Ma?
It do mean change is a’comin’ Steller. We best be ready.
But, Ma, I like it here.
Yep. Me too. But we don’t own this land.
We’z got a deed, Ma.
Yep. But nature do own this land. Reckon the land gonna belong to you when I die, Steller?
If’n I get the deed it do. I pass that deed on to my best.
No, Steller. When you die, you belong to the land. Yur body is given right back to the soil, just as now we standin’ on it. The land is the rightful owner. Ain’t no man own nothin’. They build fences to prove they do, but it really ain’t so.
Is that what the blackbird said, Ma?
Blackbird be a knowing kind of bird. But I done figured this long ago.
It’s sad, Ma!
Not when nature gettin’ up to high jinks, Steller! Sad is them stories y’all been readin’ and writin’ bout day-in-day-out.
Reckon so, Ma. Reckon yur right.
We will have to change the terminology in finance. It’s from now on not called credit facility but fraud facility. Dear client your fraud facility has been approuved by our bank. Have a nice day.
The government and bankers lied to get greece into the EU, the government and bankers lied to get greece deeper in debt, the government and the bankers continue to conceal, deceive, and remain opaque and only ask for forgiveness and transparency after they get caught.
hold on to your horses…. Greek government about to go the route of the do do bird…. french revolution is here…… better buy some gold now foolish mortals.
@F.Beard, The early bird has gold in the mouth, (Dutch proverb)
NBG’s Greek debt warning
Posted by Neil Hume on Sep 08 09:30.
The most denied cash call of recent times has finally happened. Late on Tuesday night National Bank of Greece announced a €2.8bn ‘Comprehensive Capital Strengthening Plan:
Successful completion of both components of the Capital Plan is expected to raise approximately Euro 2.8 billion of additional Core Tier 1 capital representing an increase of Core Tier 1 capital ratio of approximately 380 basis points. The net proceeds to be realised from the Finansbank Offering will ultimately depend on a number of factors including prevailing market conditions, offer size and structure. Assuming successful completion of the Capital Plan, our Core Tier 1 capital ratio would have been 13.4% as at 30 June 2010, including the impact from the Euro 450 million Tier 2 capital issuance, which was completed in August, and which constituted the first step towards completion of our Capital Plan.
NBG says the equity issue and disposal will ‘create an additional, sizeable capital buffer to face the macro-economic situation in Greece in the short-to-medium term’.
But what does that mean? Could it be that NBG is raising the money to cover a Greek government bond haircut? Very possibly.
Indeed, its interesting to note that while NBG’s chief executive Apostolos Tamvakakis doesn’t think the Greek government will default he doesn’t say anything about a restructuring:
RTRS-NATL BANK OF GREECE CEO SAYS STRONGLY BELIEVES THERE WILL BE NO DEFAULT FROM GREEK STATE
As a reminder, NBG carries its Greek government bond portfolio at a 10 per cent discount in its books. According to analysts a €2.8bn capital raise would cover an additional 13 per cent haircut and pretty severe restructuring.
Now, if a Greek debt restructuring is coming down the slipway the banks you don’t want to be owning are Piraeus and Eurobank. This snippet, from a recent Unicredit note, explains why.
If we take the above analysis one step further and look at a debt maturity extension of 5 years alongside a halving of the coupon for all debt, the impact on the banks is much more painful. This leaves on average haircuts of 23% for GGBs from par, and writedowns at the Greek banks of on average 21% (as not all bonds are being held at par).
This probably explains why the Greek bank sector has taken a sizeable hit in early trading. If NBG feels the need to raise capital expect others to follow – if they can.
And if you want to know why a Greek debt restructuring is all but inevitable Michael Lewis’ lengthy piece for Vanity Fair tells you all you need to know.
Related Links:
Beware the Greeks, though not just yet – FT Alphaville
Greek debt crisis – apocalypse later – FT Alphaville
Sovereign default – unnecessary, undesirable, and unlikely – FT Alphaville
How to think about a sovereign default – FT Alphaville
This entry was posted by Neil Hume on Wednesday, September 8th, 2010 at 9:30 and is filed under Capital markets, M&A, People. Tagged with alpha bank, Apostolos Tamvakakis, government bonds, Greece, haircuts, national bank of greece, vanity fair. Edit this entry.
PS@German TV (Phoenix) did a Documentary on Financial Depression 2.0 last night. Pretty well explained.
Forgot to mention that a German Professor actually made some very “Max Keiser” types of statements … that the “financial fraud” is an Anglo/Saxon inflation conspiracy against the world…. or words to that effect. I hope they repeat so I can make a note of his name.
The problem is changing a system that is so ingrained (brainwashed) in the fabric of society is a David versus Goliath event. Mirror^2
What is necessary is sound alternatives to the present system. The truth is that FRL (money-for-debt) does work after a fashion even though it is theft and dangerously unstable too.
A return to precious metals is not a solution else we would have never left them. What we need is genuine liberty in money creation so the best solutions can be found.
@MM. mother met max. cool.
Nice one MotherEarth.
…..”they got the guns, but we got the numbers. Gonna win yeah, we’re taking over, C’MON!”….
@F. Beard … “simple”
Of course it’s not as simple as Max says .. but what do you expect from a 4 minute chat in a back-alley !
….”Fractional reserve lending is the enemy and many folks have a stake in that system.”…
Yes … most people here are IMO aware of this.
The problem is changing a system that is so ingrained (brainwashed) in the fabric of society is a David versus Goliath event.
What we are seeing right now** has already been repeated throughout history many times … but people usually die at 80 yrs. on average .. and the lessons are often not passed on.
** lying politicians and cheating banksters
@Mirror^2,
If only things were so simple! But they are not. Fractional reserve lending is the enemy and many folks have a stake in that system.
For our struggle is not against flesh and blood, but against the rulers, against the powers, against the world forces of this darkness, against the spiritual forces of wickedness in the heavenly places. Ephesians 6:12
@Mother Earth … Best MK Interview yet
Raw: Max Keiser on the Middle Class
http://www.youtube.com/watch?v=ciXw-4K-Gls
Nice to see Max without a suit !
Makes him much more human and less MSM !
Well said Max !
Besides dawg,
I don’t watch her show since it is too painful and since I canceled my cable TV.
@dawg,
What is she married?
Exodus 20:17 king james version
I’m shocked….no really…pfft.
Max, you’re gonna have to do your black hole of debt trick again me-thinks.
@stacy
How about it? Hammonasset, ever been there?
Erin Burnett: http://www.youtube.com/watch?v=DNv0AXb_s5A via Mirror^2
Is it just me or is she drop dead gorgeous? Truthfully, it is painful to watch her. I also liked the outfit she was wearing.
@Mike/Liverpool … WAKE UP … Gold is crashing again.
Still asleep I suppose !
What are you doing up so early?! Stacy
So I could say “Good Morning” to you?
Goldman Flow Now Selling EUR Outright, Advises Leveraged Accounts Are Caught Wrong Way In EUR Collapse
http://www.zerohedge.com/article/goldman-flow-now-selling-eur-advises-leveraged-accounts-are-caught-wrong-way-eur-collapse
German TV (Phoenix) did a Documentary on Financial Depression 2.0 last night. Pretty well explained.
They showed Blankfein being grilled by US Congress … he didn’t look too good.
Basically said the same as I said in 2007 : they sold junk to the world and then shorted it.
Here is Peter Schiff on : dollar, bond bubble, stimulus, krugman
Must watch this ( mentioned by Peter ) :
Erin Burnett: Michael, You Are SO RUDE!
http://www.youtube.com/watch?v=DNv0AXb_s5A
http://www.youtube.com/watch?v=6yfqzwwNGEg&feature=sub
@F.Beard – I’ll say. What are you doing up so early?!
The early bird gets to be No. 1.