George Mantor | The Future of Greece and What it means to Americans

The Future of Greece and What it means to Americans

Most Americans don’t pay much attention to global events. We feel like what happens elsewhere doesn’t matter here. For most of our history, that has been true. But, there is a drama playing out in a place that could not seem more distant and irrelevant to our future.

From Russell Shorto for the New York Times,

“A quarter of all Greek companies have gone out of business since 2009, and half of all small businesses in the country say they are unable to meet payroll. The suicide rate increased by 40 percent in the first half of 2011. A barter economy has sprung up, as people try to work around a broken financial system. Nearly half the population under 25 is unemployed. Last September, organizers of a government-sponsored seminar on emigrating to Australia, an event that drew 42 people a year earlier, were overwhelmed when 12,000 people signed up. Greek bankers told me that people had taken about one-third of their money out of their accounts; many, it seems, were keeping what savings they had under their beds or buried in their backyards. One banker, part of whose job these days is persuading people to keep their money in the bank, said to me, “Who would trust a Greek bank?”

You may have heard that Greece has been attempting to negotiate a massive haircut on its bond debt in exchange for another round of job lay-offs and other draconian austerity measures likely to further cripple the countries withering economy.

Or, they go bankrupt in March.

Not much of a choice, and in the long run, it does not matter which road they choose. Both arrive at the same destination. One just takes longer and costs a lot more, but there is no long-term solution.

First consider the logic. Greece has a big bill coming due in March that it has no money to pay. The solution is to loan them more money while reducing their ability to pay back that loan.

Anyone who lends money to Greece does so knowing full well that Greece has absolutely no hope of ever paying it back. Who would do that? Who would be dumb enough to avert a small loan default in order to create a much bigger one down the road?

If you were thinking bankstas, you might be one of those global financial meltdown theorists; but you would also be right. Right now, billions of unregulated dollars are making side bets on the collapse of the Euro.

Shorting the Euro has been so obvious that it’s too crowded to be much of a play. But, if you are trading billions by computer algorithm, a penny here and a decimal point there can make you millions in bonuses.

Second, Greece is but one domino in a chain of precariously perched European nations waiting for a slight breeze to cause them to collapse upon each other.

Even if a deal is struck with Greece, the Euro will decline due to the poor economic prospects of its member nations. So, hedge funds are sticking with their euro shorts pretty secure that any day, the Euro will begin its inexorable march downward.

Hiding out of the spotlight just behind Greece are future candidates for default and rescue: Portugal, Ireland, Spain, and Italy.

They will also need a bailout soon. But, citizens of more prosperous Euro countries are becoming angry that they have to suffer to support other countries. Better just to conquer them, they argue.

That smells like trouble.

Meanwhile, citizens of bailed-out countries reject the harsh austerity measures being forced on them. Look for a mass European exodus as residents are forced to emigrate to find work.

This is what the beginning of the end looks like. This is the massive global derivatives bubble starting to leak.

You can hear it hissing in the British House of Lords where Lord James of Blackheath is urging an official inquiry into the suspicious circumstances regarding a massive $16 trillion fraud implicating Timothy Geithner and Ben Bernanke.

One thing he points out quite correctly is that “The Federal Reserve Bank is neither a Federal Reserve nor a bank.”

It is instead a private corporation serving its own secret agenda with our money.

It isn’t clear what the meaning is of Lord James of Blackheath’s discovery but the Federal Reserve is already denying it so maybe it isn’t some sort of hoax.

What we do know is that the first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression.

An amendment by Sen. Bernie Sanders to the Wall Street reform law directed the Government Accountability Office to conduct the study. “As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world,” said Sanders. “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.”

Among the investigation’s key findings is that the Fed unilaterally provided trillions of dollars in financial assistance to foreign banks and corporations from South Korea to Scotland, according to the GAO report. “No agency of the United States government should be allowed to bailout a foreign bank or corporation without the direct approval of Congress and the president,” Sanders said.

You can see it in the resignations of more than 40 of the world’s highest ranking banking officials. They know the truth.

You can read it between the lines of the continuing ratings declines of agencies evaluating the implications of both Greek and European debt. They know the truth.

You can smell it in the tear gas and pepper spray, and gun smoke in some of the world’s oldest cities.

There will be violence. There will be violence in Greece. There will be violence in Portugal. There will be violence in Ireland, Spain, Italy, Eastern Europe, and the Middle East.

There will be violence in China and almost every country ending in “stan”.

And here, in the good ole USA, I expect that fueled by hypocrisy and a two tiered justice system, spurred on by the AG’s in your face sell-out accord with banksta criminals and the ongoing whitewash of our date-raped economy, in desperation and frustration, Americans will take to the streets.

Here they will encounter noise cannons, chemical nerve agents, urban assault vehicles, and drones. All bought and paid for under the guise of fighting terrorism. Here is one thing I have learned—now that they have these things, they won’t let them sit idle.

There will be violence from coast to coast as one by one, even the most thick-headed finally have to confront a naked emperor and admit that a handful of people got rich destroying the global economy and they have no intention of fixing it, certainly not In America.

See, they don’t need us anymore and they, as sure as hell, are no longer willing to pay middle class American wages when they can hire child labor for a dollar a day.

Plus, we already have everything. They can make a ton more money selling shit to emerging third world consumers.

Greece. Bankstas and their apologists say this is what happens when you do too much for the less fortunate. But, anyone who knows anything at all about Greece knows that isn’t true. Bankstas justification for having all the money is that the rest of us are lazy.

The truth is that Greece is the first of many examples of what will happen when the Pandora’s Box of debt securitization and derivatives is finally flung open.

Economies have already collapsed and what we are seeing are just the early symptoms of what will only get worse.

Greece, like Las Vegas, is a global vacation destination. But, unlike Las Vegas, what happens in Greece doesn’t stay in Greece.

George W. Mantor
The Real Estate Professor
Founder, American Foreclosure Resistance Movement
http://www.realtown.com/gwmantor/blog

“First they ignore you, then they ridicule you, then they fight you, then you win.” — Mahatma Gandhi

~

4closureFraud.org

Comments
12 Responses to “George Mantor | The Future of Greece and What it means to Americans”
  1. I been saying it all along the problem is not in IRAN, It will start with GREECE !

    • lvent says:

      acmodspecialists…Iran are one of their distractions from what these NWO GLOBALISTS are using as a vehicle in which they are trying to hide all of their fraud and accomplish…the bankruptcy of America AND THE DECLARATION THAT AMERICA IS BROKE AND THEY WILL BLAME THE FAILURE OF CAPITALISM WHICH THEY INTENTIONALLY CA– USED BY MONOPOLIZATION… …WHICH IS THE NEXT BIG LIE THEY WILL — USE TO TRY and implement to usher in the VATICAN/ROTHSCHILD GOLD STANDARD DOLLAR..THAT WILL BE COMPLETE NWO TYRANNY AND TOTALITARIANISM..and the END OF AMERICA, FREEDOM AND INDENDENCE AS WELL AS OUR PROSPERITY….AND OUR CONSTITUTION AND OUR BILL OF RIGHTS…
      IRAN COULD BE THEIR NEXT REICHSTAG FIRE AND WE COULD ALL TAKE A LESSON FROM THE GREEK PEOPLE AND STOP PAYING, PARTICIPATING, COMPLYING AND CONFORMING TO ALL OF THESE NAZI NWO GLOBALISTS EVIL PLANS FOR MANKIND AND STOP PAYING FOR ALL OF THEIR MASSIVE, UNSUSTAINABLE DEBT FRAUD THAT CAN NEVER BE REPAID…AND DEMAND OUR U.S. CONSTITUTION BE RESTORED AND OUR OWN CURRENCY BE ISSUED VIA STATE BANKS….U.S. BANK NOTES…BACKED BY OUR OWN RECOVERED, STOLEN WEALTH..AND ALL CRIMINALS AND TRAITORS MUST BE HELD ACCOUNTABLE…!! THE AMERICAN PEOPLE OWE NO ONE ANY MONEY…WE THE PEOPLE FUNDED AND PAID FOR EVERYTHING UP FRONT…SO NOW AMERICA MUST WAKE UP AND …OCCUPY….GUTS, GUNS, GOD…TIME FOR WE THE PEOPLE TO TAKE OUR U.S. CONSTITUTION, OUR CURRENCY AND OUR HIJACKED COUNTRY BACK FROM ALL OF THESE NWO GLOBALIST CRIMINALS… ABOLISH THE FED…!!

      • patrick farrell says:

        NO SHIT I VENT! I COULD NOT HAVE SAID IT BETTER. BUT HOW?
        ONE BIRTH CERTIFICATE AT A TIME.
        I AM TELLING YOU THE TRUTH, THE BERTH CERTIFICATE IS WORTH $1,000,000.
        IT IS THE BASIS OF THE FED’S CURRENCY.
        YOU UNWITTINGLY GAVE THEM PERMISSION TO PRINT THAT MONEY AND LEND IT OUT, AND GIVE IT AWAY, WHEN YOUR MOMMY SIGNED THE BC AT THE HOSPITAL.
        MY 10 PAGE AFFIDAVIT REVOKES ALL THAT.
        MY 10 PAGE SECURITY AGREEMENT TAKES BACK ALL PROPERTY ON EARTH BY MY NAME
        GOOGLE STRAWMAN, AND GO DOWN THE RABBIT HOLE INTO THE MATRIX.
        ACTUALLY IT IS JUST COMMON SENSE FOR SELF GOVERNMENT.
        EASY FOR AN IRISHMAN TO FIGHT OFF THE BRITISH, BECUAE THIS WHOLE NWO, IS OWNED BY THE JEWS, AND RUN BY THE BRITISH LAWYERS.
        I GOT TWO WORDS FOR JEWS AND THE BRITS- FUCK YOU!
        GO BACK TO FUCKING ISRAEL AND TAKE THE GODDAMN LAWYERS AND DROP THEM OFF IN THAT SHITHOLE ENGLAND.

      • lvent says:

        patrick farell ..dont forget who the Rothschild banksters work for…the Black Pope..that is who is really running the world via the white pope at the Vatican……Black is White is their biggest deception…everything is just the opposite of what we were all told to believe…They are hidden in the hierarchy of everything..and infiltrate everything with their members..AKA SECRET SOCIETIES…ITS A BIG CLUB..AND THEY JUST — USE ALL OF US IN ORDER TO STEAL EVERYTHING FROM US….

      • lvent says:

        They want to be God…like one of their perps said, Lloyd Blankfein, CEO OF GOLDMAN SACHS, WHICH IS ONE OF THE BIGGEST SMOM/ VATICAN/JESUIT owned banking proxies in the world, said he is doing Gods work…Who do you think owns the Federal Reserve Bank and the IMF AND THE GSES AND WALL STREET VIA MANY PROXIES……the answer is right on the money and right on the courtroom walls…IN GOD WE TRUST…the Vatican..who thinks they can play God…but that is all a ruse…We who know the truth know who has stolen and hijacked everything in many names… THE GREAT DECEIVER OF MANKIND..AKA…SATAN…This has all been a well hidden and deceptive evil secret in its highest form for a long, long time…up until now…..I believe the Book of Revelations has been opened up by God so that all of the true believers who seek the truth will find it..

      • lvent says:

        These are all the evil laid plans of the Great Deceiver…and the immorality and anything goes attitude and the man is his own God philosophy are all a big part of this evil plan to destroy all of Gods plans for mankind which are simple and are mainly for mankind to be free and independent…..One of the biggest evils of all time ever created by Gods adversary was, to make people believe that Satan and God do not really exist…That is one of Satans greatest deceptions and most evil achievements. The truth will be revealed to all of Gods true believers about all of the malefactors evil plans for mankind… I truly believe that God has a plan for all of them and all of these Judases who are SELL OUTS…and are aiding and abetting the evil one and trying to destroy Gods plans for the good of mankind with THEIR ONGOING COVER UP FOR BIG LIES, DECEPTIONS AND FRAUD… I truly believe that God will throw the evil one and all of his evil into an eternal lake of fire..very soon…!

      • lvent says:

        The true measure of a person I believe, is in their good works…and there are not to many of these people anymore….I believe that is a sign from God…who told his true believers there would be signs for them to know that this time was at hand…

  2. I been saying all along the problem is not in IRAN, It will start with GREECE !

  3. Ken Hansen says:

    Well written. OCCUPY!

  4. lvent says:

    I pay close attention to all of the fraud that these NWO NAZI FASCIST NAZI GLOBALIST CROOKS HAVE COMMITTED…..THE AMERICAN PEOPLE SHOULD FOLLOW THE CUE OF THE GREEK PEOPLE…AND STOP PAYING THE CROOKS WHO ROBBED US AND STILL ARE ….
    THESE CRIMINALS ARE PRECISELY WHO DESTROYED THEIR OWN CURRENCY BY COMMITTING $1.2 QUADRILLION DOLLARS IN UNSUSTAINABLE DEBT FRAUD….
    AND THE GREEK PEOPLE WANT TO DEFAULT ON ALL OF THEIR NWO FRAUD AND THEY WANT THEIR OWN CURRENCY…AND THE AMERICAN PEOPLE SHOULD DEMAND THE SAME…AND THE COMPLETE RESTORATION OF OUR U.S. CONSTITUTION FIRST AND FOREMOST….
    MANY MAY NOT KNOW THAT THESE EUROPEAN NATIONS WERE DUPED INTO GIVING UP
    THEIR INDIVIDUAL CONSTITUTIONS WHEN THEY ACCEPTED THE EURO FRAUD….
    THE GREEK PEOPLE ARE SMART THOUGH…THEY GET IT…AND SO SHOULD WE THE PEOPLE…WHILE WE STILL HAVE A U.S. CONSTITUTION TO UPHOLD AND A U.S. BILL OF RIGHTS TO DEFEND IT….!!

    • patrick farrell says:

      Help me out here chief.
      Who is the black Pope? Obama? I get the Vatican idea, I have that in one of by pleadings.

      • lvent says:

        Alrighty then patrick farrell if you really want to know THE TRUTH about who is the real head of the NWO and who is supposedly really running the world from behind the scenes…the wizard behind the curtain so to speak is, from what I have read and researched…the Black Pope, AKA, The Jesuit General..but dont take my word for it, please do your own research…there are lots of you tube videos and info on the internet if you google the words the black pope or the Jesuits or the Soveregn Military of Malta,….Also you may want to look for articles by Eric Jon Phelps who did a ton of research on this and wrote a book entitled “Vatican Assassins Wounded in the House of My Friends”, there is a pdf online of his book…or look for the article online entitled The Maniacal and Diabolical World of the Jesuits……..I am going to try and post a you tube video but if it doesnt post you tube search the title…THE REAL NWO REVEALED…there are many more videos on you tube if you google the words BLACK POPE…I was shocked and appalled when I found this all out being raised a Catholic , I never had a clue……

Leave a Reply