Greece was where democracy was invented. Then there was trigonometry. After that it was down hill all the way. They are pretty good at thieving though. The fact that their fraud may well break the euro is amusing, disastrous or both.
Goldman Sachs, Greece, Euros And Fraudulent Accounting [ 9 June 2010 ]
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I can’t claim to have invented the off-balance-sheet sleight-of-hand used by the Greek government, under the guidance of Goldman Sachs, to beggar itself so spectacularly. But I was certainly a pioneer in the field....................But it was nevertheless a forebear of the exercise by which, according to reports this week, the mighty Goldman Sachs managed billions of dollars worth of bond sales for Greece after arranging large-scale swap transactions that enabled the Greek treasury to disguise the true extent of its fiscal deficit. Some 15 major banks are believed to have done similar swaps, and those same banks are all likely to have sold Greek bonds to investor clients — on more favourable terms for Greece than would have been the case if the bond salesmen had known what their own swap dealers had been up to.
Ah, but it was all within EU accounting rules at the time, says finance minister George Papaconstantinou, perhaps soon to find a new career as an Athens taxi driver........... But in the Greek case, the effect was to allow Europe’s most profligate government to run up a E300 billion deficit, more than four times the supposed limit for eurozone states. Both cases illustrate the perversity of high finance, in which no one ever pauses to ask: if we’re a party to deception, how can we possibly assume anyone else is telling the truth?
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Banking seems to be a form of major fraud, one where the perpetrators with their high priced lawyers walk away laughing - just like politicians. They don't get charged because they give the prosecutors their jobs. Hurd and Maude know that. See Treason At Maastricht on the point.
The Lying Game - Life
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So here’s a brief history lesson on how Greece not only got the whole of Europe into a mess, but is also now threatening the US and even Asia. People ask me about Greece, and how a people with such a glorious past could act as stupidly and irresponsibly as they did. Greek intellectuals and historians have generally blamed the 400-year Turkish occupation for the nation’s ills. And it is a fact that, where humiliation persists through several generations, the oppressed begin — in defence of their own dignity — to imitate their oppressors. The cruelty, vindictiveness and harshness shown by warring political factions testify to this theory.But this is not sufficient explanation. The volatility of the Greek character, probably the only remaining link with the glorious past of antiquity, is another. The highly individualistic Greek is too self-seeking to submit easily to the dictates of others. His unruliness has helped him survive throughout the centuries of oppression, as well as to rise above adversity, economic or otherwise. But it has also made him unaware of the advantages of a communal spirit and true democratic attitudes. He will go to any length to attain his goals, not hesitating to lie and cheat in order to achieve them. This has — brutal though it may sound — created a climate where cheating is a way of life, and where the highest and the lowest of citizens do not hesitate to use dishonesty, especially where politics are concerned.
A direct result of this way of life has been the spoils system. Although not a Greek invention, nowhere has it been practised more assiduously than in Greece. Successive governments have shamelessly brought in their favourites, returning favours and expecting new ones in the future, and changing laws to suit their purposes; thus encouraging resentment, divisiveness and a ‘wait-until-my-turn-comes’ way of thinking. No Greek government has ever come to power that truly tried to reconcile the people.............
Ghost jobs, easy hours, spin, political favours, do any of these Greek habits remind you of modern Britain? They do me. Especially the lying. Gordon Brown has lied about everything — immigration, stealth taxation, education, you name it — yet you Brits have yet to kick him out of office (at least while this is being written). We are all Greeks now should be his slogan, and it might be sooner than you think. Once upon a time, when I first came to England, spin was at a minimum and lying unacceptable. In politics, that is. Blair and Brown made lying the sine qua non of their administrations. John Profumo lied about a hooker and spent the rest of his life in the East End making up for it. No one died except Ward, and he took his own life. Blair and Brown have sent countless numbers to their deaths and have caused thousands of innocent deaths, yet they swan around in their limos and dare to show themselves preening to the public.
Thinking about it, we Greeks are not all that bad. At least our leaders have not sent young men to die for the glory of Bush and Blair and Brown, despite enormous pressure to do so. So what’s a little stealing from the crooks of the EU, with a little help from Goldman Sachs, that is.
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Taki is Greek and rich and honest, an unusual combination. He confirms Goldman Sachs, Greece, Euros And Fraudulent Accounting in essence if not detail.
Hungary Wants Its Snout In The Trough Just Like The Greeks [ 5 June 2010 ]
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The euro slumped to a four-year low against the dollar yesterday amid concerns that Europe’s debt crisis will worsen still further after Hungary said that its economy was in a “very grave situation”. Stock markets in Europe and the United States also slid sharply lower as concerns about the worsening debt crisis combined with figures from the US showing slower than expected growth in American employment figures — and rumours of trading losses at Société Générale.
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They fouled up their finances and they are going to rob us if they can. We have our appalling problems created by thieves like Brown. No doubt Her Majesty's Government will be stupid enough to throw money at them.
Greece's Debt Soars £20 Billion In Three Months Bring Break Up Of Euro Closer [ 19 August 2012 ]
"..... I must frankly confess that unless union and order are confirmed, all hopes of a Loan will be in vain; and all the assistance which the Greeks could expect from abroad.... will be suspended or destroyed; and what is worse, the great powers of Europe... will be persuaded that the Greeks asre unable to govern themselves, and will, perhaps themselves undertake to settle your disorders in such a way as to blast the brightest hopes you indulge, and that are indulged by your friends" - Letter from Lord Byron to the Governor General of Greece, 30 November 1823 - ex Private Eye 1320/18. They were wasters then. They are wasters now. It is a matter of fact that a lot of countries met the criteria for joining the euro by fraud. France was another.
Greece Taken Over By Far Left [ 27 January 2015 ]
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The electoral triumph of SYRIZA in Greece made worldwide headlines: the hard-Left party managed to get an impressive 36.3%, leaving behind the center-right New Democracy governing party, which got 27.8%. Golden Dawn, a new anti-immigration party widely denounced as neo-Nazi, came third with 6.28%........ SYRIZA is the first [ blatantly ] hard-Left party to take power in Europe since the collapse of the Soviet Union. (The name is an acronym, in Greek, for Coalition of the Radical Left.).
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Greek politics are corrupt and vicious. The Communists tried to take over in 1944 when we were busy. That is why Athens 1944 is one of the Parachute Regiment's battle honours. Greece may well be kicked out of the European Union as a result of major fraud. Of course the BBC has a very relaxed view of communist takeovers because it is a Marxist propaganda machine.
SYRIZA Is Run By Spendthrift Marxist Liars
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ALEXIS Tsipras was sworn in as prime minister yesterday after his far-left SYRIZA party’s resounding election victory on Sunday. He will head a coalition government with centre-right party Independent Greeks and will have a comfortable majority in parliament.........Tsipras, like Papandreou in 1981, has made countless promises he will not be able to keep. He has promised higher pensions, public sector jobs, raising the minimum wage, free healthcare for everyone, lower taxes for the majority and a host of other reforms that were music to voters’ ears. Presumably he will implement all these social reforms by keeping his two key election promises – negotiating an easing of the austerity measures and a write-off of some of the public sector debts.
The big problem is that neither of these issues can be tackled without the agreement of the eurozone countries and in particular Germany which has repeatedly made it clear that Greece had to stick to what had been agreed with its lenders. The head of the euro group Jeroen Dijsselbloem, could not have been clearer yesterday, when he said: “The most important thing is that if you remain in the eurozone, you stick to the rules we have.”.......
The possibility of a Grexit now looms large despite the new PM’s assertion that he does not want to leave the euro. Yet the Grexit may be unavoidable irrespective of who won Sunday’s election, given that the Greek debt, which in September 2014 stood at 176 per cent of GDP (Greece received €240 billion in loans since 2010), is unsustainable. Tsipras will merely speed up the country’s exit from the euro, if he tries to keep his promises to the electorate.
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Telling lies is what politicians do. Corruption is what Greeks do too.
Syriza's Marxists Fail Greece - Rioting Ensues [ 1 March 2015 ]
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Police and protesters have clashed in Athens after the first anti-government demonstration since Greece's leftist SYRIZA party took power last month...... The deal, approved by Greece and international creditors last week, has triggered dissent within SYRIZA itself. If ratified, the agreement will give Greece a four-month bailout extension in return for government reforms.Prime Minister Alexis Tsipras has defended it, but some on the hard left [ harder left in fact ] have accused the government of going back on pre-election pledges. SYRIZA swept to power in January by promising to renegotiate the country's debt and end austerity.
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Where did all the money go? Nobody is saying but stolen is the answer. All of those EU subsidies for non-existent olive trees were just too easy to get. The little people get hurt, which is a pity.
Greece Promises An IMF Default [ 1 July 2015 ]
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Greece's deputy PM has been speaking to local media. He's revealed the government asked for a delay to its looming 11pm IMF deadline tonight. No word however on whether that has been granted.
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This is just another Sovereign default; a problem for some; it's an opportunity for Capitalist Swine, for the world's Vulture Funds. England had been there thrice. The last time was in 1932 during the Great Depression.
Greeks Want Reparations For German War Crimes [ 7 April 2021 ]
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Athens has reminded Berlin that it is still owed reparations from the devastation caused to the country during the years of occupation by the Wehrmacht, between 1941 and 1944. The reparation cost us estimated to be in billions of euros. A Greek parliamentary commission has estimated the amount of war damage Nazi Germany caused in the country to be at least 289 billion euros.This includes a forced loan that Greece had to grant the Deutsche Reichsbank during the war.
Former president of Germany Joachim Gauck said how he longed for a German leader from the time of the atrocities to have apologised earlier for the invasion.
In 2014 the former German president said: "I wish so much that someone who gave and carried out orders at the time would have long since said, 'I apologise'...........
On April 6 it will be the 80th anniversary of the attack by the Wehrmacht on Greece in 1941. Athens has used this as an opportunity to reiterate its demand for negotiations on reparations for the war damage to begin.
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The Greeks would like the money because they are a spendthrift bunch. Recall that Jews With Light Fingers Took German Mugs For €63.2 Billion using their Holocaust® Story and it was all tax free. That is different of course. Jews worm their way into positions of power then abuse it. Their greed is unlimited.