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 Argentine Advice for Greece: Default Now! View next topic
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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Argentine Advice for Greece: Default Now!
PostPosted: Fri Feb 24, 2012 1:58 pm Reply with quoteBack to top

Great article. Couldn't agree more.

GREECE - SAVE YOUR COUNTRY AND YOUR SOVEREIGNTY - KICK THE GLOBALISTS OUT AND DEFAULT NOW.

http://www.eutimes.net/2012/02.....fault-now/

Argentine Advice for Greece: Default Now!

excerpt (but the entire article is well worth the read):

Quote:
During that very hot summer in December 2001, true to its Latin temperament, Argentina even had four (yes, 4!) presidents in just one week. One of them, Adolfo Rodriguez Sáa, who only lasted three days, at least did one thing right, even if he did it the wrong way: he declared Argentina’s default on its sovereign debt.

All h**l broke loose! The international bankers and IMF did everything they could to break Argentina’s back; global media pundits predicted all kinds of impending catastrophes. Debt default meant Argentina would have to weather the pain and agony alone, being cast out by the “international financial community”.

‘You’re not the boss of me!’

But no matter how bad it got, it would always be better to do that without the bankers, without the IMF’s, European Central Bank’s, US Fed’s and US Treasury’s “help”. Better to sort out your mess on your own, than to have parasitic banker vultures carving out their pound of flesh from your nation’s decaying social and economic body.

...

Today, Greece is confronted with a similarly tough decision. Either it keeps its sovereignty, or it capitulates to the “Vulture Troika” – the European Central Bank, European Commission and International Monetary Fund – who work for the Bankers, not the People ...

Greece today should do what Argentina did a decade ago: better to endure pain and hardship, and sort out the mess made by your politicians in connivance with international bankers on your own, wielding whatever shred of sovereignty you still have than allowing the Banker Vultures sitting in Frankfurt, New York and London decide your future.

_________________
"Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan
"Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson
“Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
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achtung
Nitroglycerin


Joined: 03 Jun 2010
Posts: 716
Location: Germany

Re: Argentine Advice for Greece: Default Now!
PostPosted: Sun Feb 26, 2012 4:56 pm Reply with quoteBack to top

Great article!

If Greece does not default now, they will never be able to do so in the future.

The only reason that can be said, is this: If you have no gold reserves, you cannot create a new monetary system that the public will believe in.

Take out all the conspiracy Jib-Jab, and that is an absolute truth.

I hope they default, instead of becoming Southern Germany.

_________________
“Debt and deficits are not inventions of ideology. They are facts of arithmetic.”

– Paul Martin
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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: Argentine Advice for Greece: Default Now!
PostPosted: Tue Feb 28, 2012 12:58 pm Reply with quoteBack to top

Some of the original players speak out for the first time on how the Goldman/Greece debt swap deal went down:

How Goldman Sachs Helped Mask Greece's Debt

http://www.youtube.com/watch?v=07-hA9DW-Po

Quote:
"It's tempting to ask whether a single currency held together with such toxic glue is really worth saving"

_________________
"Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan
"Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson
“Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
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dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Argentine Advice for Greece: Default Now!
PostPosted: Tue Feb 28, 2012 4:40 pm Reply with quoteBack to top

Iceland is the only country that did the right thing and now they are way ahead of where they would be had they capitulated and bailed out the banksters.

I believe that the US will be the stupidest and most evil country on the planet when all is done. The reason is that the US banksters are the most powerfull and controlling and the politicians are the most corrupt, therefore, they will always be bailed out onto the sheeples tab until a collapse. The banksters would rather have the destruction of society, martial law, and FEMA camps before they would take a loss...would I love to see banksters being hauled out and hung on the nightly news...all as a result of "doing God's work"...sheesh.

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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: Argentine Advice for Greece: Default Now!
PostPosted: Tue Feb 28, 2012 6:55 pm Reply with quoteBack to top

Wonder if that waiter was Greek ...

http://content.usatoday.com/co.....a-merkel/1

_________________
"Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan
"Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson
“Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
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