87-year-old Mikis Theodorakis: ‘Free the Nations of Europe’ from the bankers’ totalitarianism

Mikis Theodorakis (1971) / Wikimedia *

“Today the main contrast is between all the peoples of Europe and the forces that represent and aim at global dominance of global governance centered on a series of huge banks such as Rockefeller-Rothschild and Goldman Sachs, with auxiliaries such as the Deutsche Bank and the European Cental Bank (…)”

“When a nation is not mobilizing all its powers, without exception, against the looting forces of globalization, it is lost. After all, the attack, with money as weapon, is much more severe and more efficient than any form of police or military force. Because it is an attack on the citizens as a whole. Not only on the integrity of his body but also of his mind and soul.”

Mikis Theodorakis, Greek freedom fighter, patriot, and artist

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The “OTHER” Greek debt: It Gets Worse

Image: M - Pics / FreeDigitalPhotos.net *

“One moment please” as I introduce you to the 800 pound Greek Gorilla that is about to enter the room. Allow me to now present to you the “OTHER” Greek debt that is outstanding and will have to be accounted for as the country defaults. Detailed below are some of the “OTHER” sovereign obligations of the Greek government which have now been submitted to the ISDA and I list some of them below. You will note that there are bank bonds, Hellenic Railway bonds, Urban Transportation bonds et al that are guaranteed by Greece. You will also note that there are bonds tied to Inflation, Floating Rate Notes, Asset-Backed securities and a whole mélange of other structured products with a Greek sovereign guarantee.  Mark J Grant

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Global systemic crisis : Implosive fusion of global financial assets

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saving private banks is of no use to solve the crisis and it is necessary that the markets (that is to say essentially the big Wall Street and City financial operators) fully assume their risks without any further guarantee from the state. Today, these two ideas are at the heart of the Euroland debate, both in public opinion and amongst the elite … and they gain ground every day. This is what causes fear on Wall Street, in the City, and amongst major private financial operators. This is the wick that has nearly burned down that will trigger the implosive fusion of global financial assets in the fourth quarter

“in November 2011 the United States will brace itself for a politico-financial “perfect storm” that will make the summer problems look like a slight sea breeze.”

“the inability of the Fed to do anything but talk and manipulate stock markets or gasoline prices in the United States, now makes any last-minute “rescue” impossible. ” LEAP/E2020 Continue reading