Friday, 6 January 2012

Greek financial management

As even a sociology professor could tell you, things are not going well economically for Greece. That country is experiencing a full-blown economic depression in which 100,000 businesses have closed and a third of the population is living in poverty. The situation gets worse every day and in many of the poorer areas people are literally going hungry.

Every euro - every cent - counts as the government scrambles to avoid catastrophe. What can we possibly do, the desperate cry rings out. But nil desperandum, a solution presents itself: Spend nearly €20 million on building a spanking new mosque in Athens for the city's quarter of a million Muslims. Now the interesting thing is that the vast majority of those are illegal immigrants. I kid you not. Even the Gruaniad admits that "as a gateway to the EU of illegal immigrants, Greece's Muslim population is growing". It could have added 'by leaps and bounds'.

So the question arises, why would a bankrupt country whose citizens are facing destitution even consider spendingg so much for a mosque for mainly illegal immigrants? Well, this report gives us a clue. "The move comes amid thinly veiled threats of violence by thousands of Muslim residents of the city who have been pressuring the government to meet their demands for a mosque or face an uprising. Many of the estimated 200,000 Muslims living in Athens are illegal immigrants from Afghanistan, Bangladesh, Egypt, Nigeria and Pakistan."

And as we know, threats of violence from these people cannot be taken lightly. So that's it. Illegal Muslims flood a small bankrupt European country, and because they threaten violence the country feels it ( and not some bloated Saudi plutocrat) might have to pay for their new mosque. No doubt the execrable European Court of 'Human Rights' is fouling up the pitch somehow as well.

Why not trot across the border to Turkey, where a 'devout' Islamic government rules the roost? In fact the vast majority of those illegals actually passed through Islamic Turkey to get to mosque-less Athens. You see the Turks don't piss about dealing with illegals. And anyway, said illegals have a fair idea that the threat of violence in an EU country should get them what they're looking for.

Yep, it's on the level of the Mad Hatter's Tea Party all right. But one good thing, which goes back to my 'worse is better' theory: 'Extreme right-wing groups' (yeah, right) are agitating strongly against the initiative. And they're getting a lot of support from ordinary Athenians.

We do indeed live in interesting times.

42 comments:

Anonymous said...

RTE yousa gonsa makesa goodsa programmesa or we riotsa.

You are a better man than me Gungan Jar-Jar.

Franz said...

This is Evangelos Venizelos, treasury secretary of Greece:

http://www.welt.de/multimedia/archive/01532/mcz_veni2_BM_Bayer_1532761p.jpg

That smiling, obese mug should answer all questions about Greek financial management.

I always suspected Mr Venizelos of "eating alone" as the Italians are fond of saying about persons with an overdevelloped sense of financial entitlement.

Apparantly though, he left some scraps for an opressed minority. More of that, I say!

With any luck, he'll soon be light enough for even a rusty Greek lamppost to bear his weight.

Heraclitus said...

'With any luck, he'll soon be light enough for even a rusty Greek lamppost to bear his weight.'

Excellent Franz, excellent!

kulak said...

OT

Props to the Filipino.

Ed Blackbuster Miliband said...

Maybe the Greeks should look at what is happening in Britain before they kowtow to the muslims.....

Media censorship of gang-raping of children now endemic in Britain
Posted on January 5, 2012 by LeicesterTiger

Eleven Muslim men to go on trial in Liverpool on Feb. 6th, for the organised gang-raping of little girls.

Forty-seven Muslim men have been in Liverpool Crown Court this week charged with abuse of young white girls.

http://vladtepesblog.com/?p=42538

Franz said...

@ Heraclitus

One day the Greeks will get really angry. If Mr. Venizelos is then still too heavy to be hung from a rusty lamppost, his fellow countrymen always have the option of impaling him on one.

eh said...

Everyone should read the Michael Lewis piece on Greece published last year in Vanity Fair:

Beware of Greeks Bearing Bonds

Absolutely unbelievable.

Croesus said...

That sure IS a fascinating article in Vanity Fair. Haven't posted here for a while but just to say that it confirms my long-standing view. Greeks brought it on themselves. Aided and abetted by Goldman Sachs. One of whose architects now runs the ECB. Where's a conspiracy theorist when you need one?

Anonymous said...

Occupy Wall Street. Getting a job will allow me to buy weed

Am. Er. Where is my iPhone?

You know what iMean?

Krokodil said...

When it comes to Muslims in Greece shouting the odds about demanding mosques etc., the thought comes to mind, where are the Spartans of old?

Them mozzies wouldn't like it up 'em!

Anonymous said...

Tell me how many people have read this in their daily press?

Nigeria: The Next Front for AFRICOM

January 6, 2012

By Nile Bowie BlacklistedNews.com

http://tiny.cc/74qk4

Lagos Dissents Under IMF Hegemony.

On a recent trip to West Africa, the newly appointed managing director of the International Monetary Fund, Christine Lagarde ordered the governments of Nigeria, Guinea, Cameroon, Ghana and Chad to relinquish vital fuel subsidies. Much to the dismay of the population of these nations, the prices of fuel and transport have near tripled overnight without notice, causing widespread violence on the streets of the Nigerian capital of Abuja and its economic center, Lagos.

Much like the IMF induced riots in Indonesia during the 1997 Asian Financial Crisis, public discontent in Nigeria is channelled towards an incompetent and self-serving domestic elite, compliant to the interests of fraudulent foreign institutions.

Although Nigeria holds the most proven oil reserves in Africa behind Libya, it’s people are now expected to pay a fee closer to what the average American pays for the cost of fuel, an exorbitant sum in contrast to its regional neighbours. Alternatively, other oil producing nations such as Venezuela, Kuwait and Saudi Arabia offer their populations fuel for as little as $0.12 USD per gallon. While Lagos has one of Africa’s highest concentration of billionaires, the vast majority of the population struggle daily on less than $2.00 USD. Amid a staggering 47% youth unemployment rate and thousands of annual deaths related to preventable diseases, the IMF has pulled the rug out from under a nation where safe drinking water is a luxury to around 80% of it’s populace.

Although Nigeria produces 2.4 million barrels of crude oil a day intended for export use, the country struggles with generating sufficient electrical power and maintaining its infrastructure. Ironically enough, less than 6% of bank depositors own 88% of all bank deposits in Nigeria. Goldman Sachs employees line its domestic government**, in addition to the former Vice President of the World Bank, Ngozi Okonjo-Iweala, who is widely considered by many to be the de facto Prime Minister. Even after decades of producing lucrative oil exports, Nigeria has failed to maintain it’s own refineries, forcing it to illogically purchase oil imports from other nations. Society at large has not benefited from Nigeria’s natural riches, so it comes as no surprise that a severe level of distrust is held towards the government, who claims the fuel subsidy needs to be lifted in order to divert funds towards improving the quality of life within the country.


Well, whattaya know? Off with the kid gloves and on with the brass knuckles.

Don't you just love it?
a woman -- a white woman tootles off to the land of the 419 and goes all alpha-bitch on their black arses.

And all the jigaboos wuz a bitchin' an' a whinin' about them eeeevil racisss South Africans.

Well nogs, now you're going to have the opportunity to find out what the Froggies, the Euro's and the RSP's really think of you.

You'll be crying for the South Africans and Rhodesians to return. Fuck, you'll be crying for the Chinese when Europe has finished with you.

Suddenly 2012 looks a lot brighter.

Cheers,
UN

PS Note the Goldman Sachs employees reference**. Them heebs are everywhere.
.

Anonymous said...

Croesus said...

"... Where's a conspiracy theorist when you need one?"

You rang, Sir?

UN
.

Anonymous said...

Logically the Greeks,with their history Muslim and pre-Muslim invasions,should be the last people in Europe to allow this bullshit.

But perhaps they look a few hundred km to the north and remember what happened to the Serbs-the last people who tried to take back from Islam what was rightfully theirs.

60 nights of indiscriminate bombing would tend to concentrate my mind also.

mr.a

SAVANT said...

That's a fascinating post about Nigeria, Uncle N. I certainly didn't know it was an IMF-induced price increase and I certainly didn't know that the government there was infested with GS parasites. But anything that fucks up the Nigerians has to be good in my view so I'm with Ms. Legarde on this.

Question is why are the IMF doing this?

Anonymous said...

SAVANT said...

That's a fascinating post about Nigeria, Uncle N. I certainly didn't know it was an IMF-induced price increase and I certainly didn't know that the government there was infested with GS parasites. But anything that fucks up the Nigerians has to be good in my view so I'm with Ms. Legarde on this.

Question is why are the IMF doing this?


Answer in two words?

Natural resources. Lots of.

The US govt has pretty much worn out their welcome in the middle east, so ... Africa beckons.

Anyone want to bet against the re-colonisation of Africa? But under a new name of course. "Bringing back Democracy" or "Humanitarian Intervention", or, maybe "The Rainbow Alliance" ... anyone?

I'll even dream up a nice, catchy Obamaesque slogan for them. How about "The Rebirth of African Democracy©" or "African Renaissance®"?

Ooooh, wait, wait, wait. I've got it.

"Democratic Dreams of Hope and Change from My Father©®™".

My bill is in the mail.

UN
.

Bluey said...

ot
Another black 'martyr' jumps aboard the 'anti-racist/anti-white bandwagon currently roaring away in ZOG Britain

http://thebritishresistance.co.uk/the-editor/1525-the-black-pansy-tom-adeyemi#idc-container

Anonymous said...

That's a fascinating post about Nigeria, Uncle N. I certainly didn't know it was an IMF-induced price increase and I certainly didn't know that the government there was infested with GS parasites. But anything that fucks up the Nigerians has to be good in my view so I'm with Ms. Legarde on this.

Question is why are the IMF doing this?
-Savant


Awful comment Savant.
Use your head - the worse life is in Nigeria the more of their middle class will head for Europe.

It's an unnecessarily nasty comment also - we should have nothing against Nigerians having a good life in their own country.

The people doing this to Nigeria are the same people that want to destroy European nations.
Use your head.

Herod said...

Savant, I think there's a recognition in the west that the Chinese are going to go in and create 'facts on the ground' w/r/t natural resources. This is probably a proactive/defensive move. Anyway I agree with Uncle Nasty's proposition.

I'm much less likely to agree with anon 14.31. This is taking conspiracy to absurd levels.

Franz said...

Re: Goldman's activities in Greece, Nigeria, everywhere

Globalization has given that particular terrorist organization enough rope to hang itself with. And plenty of others as well.

The brand name is so toxic, so well known and - quite frankly - so Hebrew that the next round of progromes is in the mail already.

Last week I published a video on my channel with the topic of Israel and Iran. I stated - among other things - that some of the people living in Israel are rather normal, non-Goldman types.

You wouldn't believe the backlash I got! Old me, who is usally called a "Nazi" was now called a "zionist tool" in dozens of messages.

The hatred inspired by the financial and geopolitical shenanigans of the last decade is unbelieveable. At this point it is boiling under the surface, but it is there, it is visceral and sooner or later it will break out.

Lampposts.

Anonymous said...

I'll even dream up a nice, catchy Obamaesque slogan for them. How about "The Rebirth of African Democracy©" or "African Renaissance®"?

Johny 1/2Kenyan sticking to da Wes' Siide?

Anonymous said...

Detroit is taken over due to fiscal ineptitude.

Though in this case Goldman Sachs intervention might be welcome?

A. Claymore said...

There are reports the Turks have been acquiring military equipment with which to build bridges and transport troops and vehicles over water. A Turkish invasion of Greece increasingly seems likely. Or, an escalation in Cyprus.

If that happens, as a young Californian man with military training and with nothing to lose, I'm considering going to Greece to do a Byron.

There's a lot of good in several well-placed 'devices', enough to wake up the natives and scare the shit out of the globalists and mozzies.

kulak said...

OT, or maybe not

EWI says:

Is Buffett Losing His Superhero Powers?

It's been 14 years since The Elliott Wave Theorist identified Warren Buffett as "one of Cycle wave V's most revered heroes" and alerted readers to Buffettology, "an unauthorized take on Warren Buffett's investment technique by his ex-daughter-in-law." Over the course of the mania era, EWI has charted the exploits of the "world's richest man." If you were with us in 2006, for instance, you will remember a cartoon in which Buffett's "words, voice, and animated likeness," were used "to dispense financial advice to children." Although Buffett is revered for his stock-picking prowess, Mania Chronicles includes 20 Buffett entries (see Index), which show that it was not a straight-up ride for the Oracle of Omaga. Still, here at the very tail end of the Great Mania, Buffett's bull-market aura appears as strong as ever. Interestingly, however, his stock, Berkshire Hathaway, is not doing nearly as well. In fact, since the middle of 1998, the front edge of the great stock market peak, Berkshire is up just 2.3% per year. Compared to many stocks and money managers, this performance isn't bad. But over the same span, risk-free U.S. Treasury bills returned approximately 3.28% annually.

Meanwhile, changes in Buffett's investment approach hint that the next phase of the bear market will be extremely hard on his portfolio as well as his public image. One of the most important shifts is his subtle drift away from bottom-up, value-oriented stock picking that produced his fortune. In recent years, Buffett has adopted more of a top-down, macro approach to investing. In November, a financial web site, MarketOracle.co.uk, highlighted the change with this comment: "He's said repeatedly the United States won't see a double-dip recession -- and he's putting huge money behind that forecast." In the third quarter of 2011, Berkshire Hathaway invested $23.9 billion in stocks, the most for one quarter in at least 15 years. "He sees something and it's big," says an investment manager. "He's broadly diversifying across numerous industries," notes another. This change is out of character with the fundamental, company-specific analysis that made Buffett the icon he is today. We believe it also embodies one if his more insightful investment adages: "Wide diversification is required only when investors do not understand what they are doing."

----

I of course disagree with "Herod" and agree with anon 14:31...

PROVIDED that "good life" comes from their own efforts.

Anything else hurts both of us.

kulak said...

Question is why are the IMF doing this?

The darks are stealing all of the copper wire. More copper wire is needed.

And that is all.

Rob said...

What the Muslims are doing in Athens isn't perverse or evil, it's perfectly natural and understandable in its own way. The various peoples of the world have always wanted to expand into new territory and conquer it for themselves. They will naturally exploit the weakness or cowardice of the indigenous population, or the treachery of their leaders. It's these leaders who are twisted and evil, and the most satisfactory position for them would be ten feet in the air, doing wind-chime impressions. Those huge horizontal beams of the Parthenon can easily support Mr Venizelos and many more like him.

AnalogMan said...

Sorry, UN, "African Renaissance" is taken. Don't you remember? That was Thabo Mbeki's plan to eliminate poverty, disease and conflict from the African continent by 2014.

kraken said...

'Those huge horizontal beams of the Parthenon can easily support Mr Venizelos and many more like him."

Support Veniselos? Dunno. Might be a close call.

Cassius said...

"The hatred inspired by the financial and geopolitical shenanigans of the last decade is unbelieveable. At this point it is boiling under the surface, but it is there, it is visceral and sooner or later it will break out."

Fucking great. Let it roll. Can't wait.

eh said...

Question is why are the IMF doing this?

So the Nigerians can better pay interest and principal on the debt they owe.

CIA page on Nigeria. Click on 'Economy'.

Anonymous said...

AnalogMan said...

Sorry, UN, "African Renaissance" is taken. Don't you remember? That was Thabo Mbeki's plan to eliminate poverty, disease and conflict from the African continent by 2014.

Aha! You have grasped the core of my cunning plan! I have adopted the Hollywood/Liberal strategy.

1. Create a PLAN©®!

2. If it is a dismal flop, do not despair.

3. Memories are short, simply trot the plan out again, a few months later and re-brand it PLAN©® v. 0.0.2.0

GOTO 1.
REM Until false.

UN
.

Anonymous said...

I love you Savant

Anonymous said...

Further to the US in Africa ...
NOTE THE DATE:-

http://allafrica.com/stories/200908140153.html

Africa: U.S. Military Holds War Games on Nigeria, Somalia

Daniel Volman

14 August 2009

In May 2008, the United States Army War College in Carlisle, Pennsylvania, hosted "Unified Quest 2008," the army's annual war games to test the American military's ability to deal with the kind of crises that it might face in the near future. "Unified Quest 2008" was especially noteworthy because it was the first time the war games included African scenarios as part of the Pentagon's plan to create a new military command for the continent: the Africa Command or Africom. No representatives of Africom were at the war games, but Africom officers were in close communication throughout the event.


Don't you just love the name "Unified Quest 2008"? Why are the US such suckers for a catchy PR name?

I swear Stalin would have had the unqualified approval of every dumbass in the US if he had renamed the Holodomor, the "Sweetness and Light, Rainbows and Lollipops, Weight-loss Plan of 1932."

Anyway ... a revealing quote:

" ... Among scenarios examined during the game were the possibility of direct American military intervention involving some 20,000 U.S. troops in order to "secure the oil," and the question of how to handle possible splits between factions within the Nigerian government. The game ended without military intervention because one of the rival factions executed a successful coup and formed a new government that sought stability."

Those three little words than mean America will be at your side forever ...

"Secure the Oil."

Advice for a new, independent nation:- If your country discovers vast quantities of oil, gold, uranium, silver, chrome, bauxite, copper or pretty much anything of value ... FUCKING SHUT UP ABOUT IT!!! DENY ALL KNOWLEDGE!!

When you have to send ambassadors overseas -- especially to the US, dress them in cheap off-the-peg suits and dollar-shop chinese sneakers. Don't give them a credit card -- give them WWII food coupons instead.

Ignore my advice and one day your whole damn nation will be swamped in armed niggers wearing masks and US camo uniforms saying "Gibs me de cash, man. Where be de cash?"

Just like Libya.

UN
.

Anonymous said...

Rob said...

... and the most satisfactory position for them would be ten feet in the air, doing wind-chime impressions.

Damn you, Rob. That keyboard was almost new. It was a Christmas gift.

UN
.

Franz said...

'Those huge horizontal beams of the Parthenon can easily support Mr Venizelos and many more like him."

Stringing up kleptocrats on antique buildings instead of lampposts is a very cultured as well as efficient idea!

Think about the hanging capacity of those old aquaducts the Romans left behind. You can dangle whole parliaments from those!

And below, performance artists can run about and quote The Great One:

"How now? A rat? Dead, for a ducat, dead!"

SAVANT said...

You're the only one who does love me, anon 22.00. I love you too pet.

Derek said...

Honestly the more history of the Kosovo conflict I study the more I feel bad for the Serbs. If it had been another 2/3 years the U.S. would have been giving them funds to fight in Kosovo. Still I'm optimistic in 2012 increasing numbers of people will wake up.

Anonymous said...

Right wing groups? An unaffordable mosque? Turkey preparing for invasion? This equals mosque destroyed by fire when nearly complete, right wing groups blamed, Turks invade to defend muslim brothers.

Jeremy said...

Many Greek parents now unable to feed their children http://www.bbc.co.uk/news/magazine-16472310

Anonymous said...

There was something thta now that Greece got a bailout they did what any sensible country with a massive public spending problem would do.

They increased disability payments to other assorted PC loved types.

more people will qualify for special privileges and free handouts by being official victims. Greeks have extended that cherished status to pedophiles, exhibitionists, and kleptomaniacs, all of whom are now regarded as “disabled.”

Wait a minute. What has this to with with Mosque-users?

Croesus said...

Nothing the Greek 'government' does would surprise me.

Anonymous said...

Anonymous said...

There was something thta now that Greece got a bailout they did what any sensible country with a massive public spending problem would do.

They increased disability payments to other assorted PC loved types.

more people will qualify for special privileges and free handouts by being official victims. Greeks have extended that cherished status to pedophiles, exhibitionists, and kleptomaniacs, all of whom are now regarded as “disabled.”


Of course. This makes all the sense in the world. Your kids are starving, the rent is three months overdue, and you can't afford the gas to use your car for job-seeking ...

Suddenly you land some money, and what do you do? Go off and buy a 42" flatscreen, just in time for the World Cup.

All the sense in the world.

As a species, I sometimes wonder about us.

UN
.

Anonymous said...

20% of Athens is non-Greek and they contribute to 87% of the crime statistics.
How come the locals are less productive?