IMF board member criticizes Fund’s Greece program


Brazil’s International Monetary Fund representative has criticized the tough reforms demanded of Greece, saying the Fund and its bailout partners appear to want to run the Greek economy themselves.

Paulo Nogueira Batista, who represents Brazil and 10 other countries at the global crisis lender, said in a May 30 statement to the board that Greece has already made substantial progress under harsh austerity conditions.

The statement, obtained by AFP after the board approved the release of new funds to Athens, said the IMF and its European partners should ease some of the conditions of their massive rescue program for the country.

«Fiscal adjustment has been very large and the return to a primary surplus in 2013 constituted an important milestone. It is hard to see how the country can do more on this front,» said Nogueira Batista.

He pointed out that Greece could only manage to ease its economic contraction last year by not meeting all the tough reforms the lenders demanded of it.

«This seems to indicate that the number of structural measures the Troika has been demanding from Greece is rather excessive.»

In the 81 pages of detailed policy demands of the newest stage of the IMF-European Commission-European Central Bank rescue program, he said Greece appears to be «a victim of German thoroughness».

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Griechenland: Το βίντεο της ημέρας!!!!


σχόλιο Vuvuzela: Η Ελλάδα σε κρίση. Ανεργία, αβέβαιο μέλλον, αδιέξοδος, απόγνωση. Η Γερμανία ασκεί πίεση για τη ‘σωτηρία’ της χώρας. Όλα κρέμονται απο μια κλωστή. Ο κόσμος περιμένει με κομμένη την ανάσα, και τότε ….

Δείτε το βίντεο με τους Τσαλταμπάση, Μποσταντζόγλου!

Griechenland is a short film about the Greek Crisis. 

The economic crisis has hit Athens, Greece the hardest. While Germany keeps adding pressure, everything seems frozen and ready to collapse. However, there is one man who feels differently.

CAST: Giannis Bostatzoglou Thanasis Tsaltabasis Συνέχεια

John Cleese: ‘Syria and Alert to threats in Europe’


21st Century Wire says… When this story was originally published there was speculation as to who the real author was, with most people saying that it was he of Monty Python fame. Based on the skilled prose, we’d have to agree with the mob on this one. A masterpiece nonetheless…

By John Cleese

The English are feeling the pinch in relation to recent events in Syria and have therefore raised their security level from “Miffed” to “Peeved.”

Soon, though, security levels may be raised yet again to “Irritated” or even “A Bit Cross.” The English have not been “A Bit Cross” since the Blitz in 1940 when tea supplies nearly ran out. Terrorists have been re-categorized from “Tiresome” to “A Bloody Nuisance.” The last time the British issued a “Bloody Nuisance” warning level was in 1588, when threatened by the Spanish Armada.

The Scots have raised their threat level from “Pissed Off” to “Let’s get the Bastards.” They don’t have any other levels. This is the reason they have been used on the front line of the British army for the last 300 years.

The French government announced yesterday that it has raised its terror alert level Συνέχεια

Letter to President Obama never really sent @BarackObama @whitehouse


sotosblog

Dear Mr. President,

The current Greek Prime Minister must have been unbearably pushy to secure an official visit to the White House –an importunate invitation seeker, no doubt; it’s not hard to tell. So, I can sympathize with your decision to give up.

Why not, one might argue. Besides,  Greece is viewed by tradition as a developed Western country of great historical significance, and one which upholds the democratic values, while maintaining strong ties of friendship with the United States. Right?

However, Mr. President, we feel you are about to welcome the head of a government whose record of a persistent rule by decree, along with a shameless defiance of Supreme Court rulings against it, has outscored within just one year in office the total of like decrees issued by the military junta during the latter’s full seven years term –the same military junta former President Clinton, in the words of…

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Why the plundering of Greece was staged


JusticeForGreece

A chronicle in three interconnected components: INTRODUCTION, REASONS and EPILOGUE – About the planned looting of Greece, as a ‘necessity’ for the dismantlement of European democracy, justice and freedom. (translated from the original article in Swedish)

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by Kosmas Loumakis

INTRODUCTION

579109_228685723929053_115011835_nBehind the decision to plunder Greece, there are several reasons (as always, when great powers decides to attack a country). Its never just onereason, when great powers aremarching,… nor is it so in the case of Greece.

For the Globo (the global currency) to be introduced and well received, economic “suicide-bombers”, thecredit financial system that is, have triggered its explosive components. An unavoidable economic crisis, mustbe used to elicit acceptance of the currency, and then the launchpadmust be prepared from an already long time, manipulated and controlled so-called ‘free and democratic nation’. It is from this nation, that the old Europe, the 

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Yannis Varoufakis: The Greek economy is finished …. This is our Great Depression


Australian Broadcasting Corporation

Broadcast: 18/06/2012

Reporter: Leigh Sales

With a pro-bailout and pro-austerity party claiming victory in the Greek election, economist Yanis Varoufakis joins us from Athens to reflect on what the result means for the economy and the Eurozone.

Transcript

LEIGH SALES, PRESENTER: Joining us now from Athens is the Greek economist Yanis Varoufakis.

The obvious question is: what happens now?

YANIS VAROUFAKIS, ECONOMICS, ATHENS UNIVERSITY: Well, the derailment of the train that is the eurozone, which started with Greece and then other carriages started leaving the tracks sequentially – Ireland, Portugal, now Spain – is continuing. And yesterday’s vote is not going to change that at all. All exuberance and celebrations are completely and utterly misplaced. I’m afraid that the eurozone and Συνέχεια

Boycott Pepsi Over Use of Aborted Fetuses?


LARGO, FL —  In a shocking decision delivered Feb 28th, President Obama’s Security and Exchange Commission ruled that PepsiCo’s use of aborted fetal remains in their research and development agreement with Senomyx to produce flavor enhancers falls under «ordinary business operations.»

The letter signed by Attorney Brian Pitko of the SEC Office of Chief Counsel was sent in response to a 36-page document submitted by PepsiCo attorneys in January, 2012. In that filing, PepsiCo pleaded with the SEC to reject the Shareholder’s Resolution filed in October 2011 that the company «adopt a corporate policy that recognizes human rights and employs ethical standards which do not involve using the remains of aborted human beings in both private and collaborative research and development agreements.»

PepsiCo lead attorney George A. Schieren noted that the resolution should be excluded because it «deals Συνέχεια