Month: December 2012

Debt Management

Is there an exit from the actual financial crisis?
Is the crisis real, paradoxal or a paradigm of economic ideological orthodoxy, combined to the needs of uncontrolled modern financial markets? 
“Debt  Management” is an insight to the Greek reality/developments of the unfolding crisis.  

What is actually happening in Greece? How different is the crisis from the rest of the Euro-zone?
 

What can we learn from this symbolic war between people’s determination to preserve common values, human conditions, rights and needs, versus an orwellian financial world?

source: http://debtmanagement2012.tk/

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SOMETHING YOU NEED TO KNOW: They live among us… (A message from the Greek People’s Resistance)

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We see them, but we act as if we don’t. There are some people, who have escaped the “system”. We hear them, but we act as if we cannot hear them. There are some people, who always were free. We feel them, but we pretend that they do not exist. We will not see them wrapped in flags, whatever they may be, red, blue, striped or black. They will not spit out derogatory comments about your particular ideas or values. They will not be pushing their ideology or religion to you and you will never see them seated or at the forefront at the high positions of high society. It’s not that all of these things are bad by definition, that’s not really the reason for bringing these things up. I just want to show that today, right now, NONE of these things are of value and essential. Appearances are not enough. What we need now, are real and effective ACTIONS!

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German civil and human rights activist appealed the International Criminal Court for Greece

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German civil and human rights activist files charge  at the International Criminal Court at Den Haag for suspected crime against humanity 

The civil and human rights activist and constitutional plaintiff Sarah Luzia Hassel-Reusing, who is known up to the UN, has personally, last week at the 21.11.2012,  filed a paper of 30 pages with a comprehensive appendix with evidence at the International Criminal Court (ICC) at Den Haag. She refers to the already existing charge of the Greeks Georgios Tragkas, Antonios Prekas, Panagiotis Tzenos, and Dimitrios Konstantaras, who have filed their charge against Christine Lagarde (CEO of the International Monetary Fund, IMF), Jose Manuel Barroso (President of the EU Commission), Herman van Rompuy (President of the European Council), Dr. Angela Merkel (German Chancellor), and Dr. Wolfgang Schäuble (German Minister of Finance) for suspected crime against humanity (art. 7 Roman Statute). The Greek charge, so Hassel-Reusing, comprehensively explains the damage at the Greek health system and the interpretation of the Roman Statute. (more…)

Intervista a D. Kazakis dai “Greci Uniti”

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Domanda: Come E.PA.M (Fronte Popolare Unito) sostenete il ritorno alla moneta sovrana. Ci sono pero’ numerosi analisti che credono che l’uscita della Grecia dalla zona euro avra’ conseguenze disastrose. Lei, cosa risponde a loro?

Risposta: Sostenere che il disastro che oggi si ha e’ un senso unico e che un’altra stada del tutto diversa portera’ a un disastro peggiore, non e’ un’ argomentazione, e’ una follia. Dal momento che la societa’, il Paese e il suo popolo oggi sta provando una crisi senza precedenti con migliaia di vittime innocenti, e’ bene cercare di trovare soluzioni radicalmente diverse, al di la’ delle consuete. Al contrario i sostenitori dell’euro sostengono che se rimaniamo sulla stessa strada che ha portato il Paese alla peggiore bancarotta della sua storia e anche della storia economica mondiale, allora ci salveremo dalla crisi. E’ logica questa?  No,  e’ la “logica” della schizofrenia vera e propria.

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Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out

Bombshell: Deutsche Bank Hid $12 Billion In Losses To Avoid A Government Bail-Out

Forget the perfectly anticipated Greek (selective) default. This is the real deal. The FT just released a blockbuster that Europe’s most important and significant bank, Deutsche Bank, hid $12 billion in losses during the financial crisis, helping the bank avoid a government bail-out, according to three former bank employees who filed complaints to US regulators. US regulators, whose chief of enforcement currently was none other than the General Counsel of Deutsche Bank at the time!

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Greek Bond Buyback Leads S&P to Cut to Selective Default

Greece’s credit grade was reduced to SD, or selective default, by Standard & Poor’s from CCC after the government began buying its bonds back from investors, a statement on the rating company’s website said yesterday.

The nation has offered 10 billion euros ($13.1 billion) to purchase debt issued earlier this year as the bailed-out country attempts to cut a debt load that may threaten future international aid. The rating was lifted to CCC from SD in May after undergoing the largest sovereign restructuring in history earlier this year.

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