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Greece — The One Biggest Lie You Are Being Told By The Media

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Global Research, July 05, 2015
Truth and Satire 3 July 2015

 

By Truth and Satire

Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. It sounds quite reasonable, right?

Except that it is a big fat lie … not only about Greece, but about other European countries such as Spain, Portugal, Italy and Ireland who are all experiencing various degrees of austerity. It was also the same big, fat lie that was used by banks and corporations to exploit many Latin American, Asian and African countries for many decades.

Greece did not fail on its own. It was made to fail.

In summary, the banks wrecked the Greek government, and then deliberately pushed it into unsustainable debt … while revenue-generating public assets were sold off to oligarchs and international corporations. The rest of the article is about how and why.

If you are a fan of mafia movies, you know how the mafia would take over a popular restaurant. First, they would do something to disrupt the business – stage a murder at the restaurant or start a fire. When the business starts to suffer, the Godfather would generously offer some money as a token of friendship. In return, Greasy Thumb takes over the restaurant’s accounting, Big Joey is put in charge of procurement, and so on. Needless to say, it’s a journey down a spiral of misery for the owner who will soon be broke and, if lucky, alive.

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Now, let’s map the mafia story to international finance in four stages.

Stage 1: The first and foremost reason that Greece got into trouble was the “Great Financial Crisis” of 2008 that was the brainchild of Wall Street and international bankers. If you remember, banks came up with an awesome idea of giving subprime mortgages to anyone who can fog a mirror. They then packaged up all these ticking financial bombs and sold them as “mortgage-backed securities” for a huge profit to various financial entities in countries around the world.

A big enabler of this criminal activity was another branch of the banking system, the group of rating agencies – S&P, Fitch and Moody’s – who gave stellar ratings to these destined-to-fail financial products. Unscrupulous politicians such as Tony Blair joined Goldman Sachs and peddled these dangerous securities to pension funds and municipalities and countries around Europe. Banks and Wall Street gurus made hundreds of billions of dollars in this scheme.

But this was just Stage 1 of their enormous scam. There was much more profit to be made in the next three stages!

Stage 2 is when the financial time bombs exploded. Commercial and investment banks around the world started collapsing in a matter of weeks. Governments at local and regional level saw their investments and assets evaporate. Chaos everywhere!

Vultures like Goldman Sachs and other big banks profited enormously in three ways: one, they could buy other banks such as Lehman brothers and Washington Mutual for pennies on the dollar. Second, more heinously, Goldman Sachs and insiders such as John Paulson (who recently donated $400 million to Harvard) had made bets that these securities would blow up. Paulson made billions, and the media celebrated his acumen. (For an analogy, imagine the terrorists betting on 9/11 and profiting from it.) Third, to scrub salt in the wound, the big banks demanded a bailout from the very citizens whose lives the bankers had ruined! Bankers have chutzpah. In the U.S., they got hundreds of billions of dollars from the taxpayers and trillions from the Federal Reserve Bank which is nothing but a front group for the bankers.

In Greece, the domestic banks got more than $30 billion of bailout from the Greek people. Let that sink in for a moment – the supposedly irresponsible Greek government had to bail out the hardcore capitalist bankers.

Stage 3 is when the banks force the government to accept massive debts. For a biology metaphor, consider a virus or a bacteria. All of them have unique strategies to weaken the immune system of the host. One of the proven techniques used by the parasitic international bankers is to downgrade the bonds of a country. And that’s exactly what the bankers did, starting at the end of 2009. This immediately makes the interest rates (“yields”) on the bonds go up, making it more and more expensive for the country to borrow money or even just roll over the existing bonds.

From 2009 to mid 2010, the yields on 10-year Greek bonds almost tripled! This cruel financial assault brought the Greek government to its knees, and the banksters won their first debt deal of a whopping 110 billion Euros.

The banks also control the politics of nations. In 2011, when the Greek prime minister refused to accept a second massive bailout, the banks forced him out of the office and immediately replaced him with the Vice President of ECB (European Central Bank)! No elections needed. Screw democracy. And what would this new guy do? Sign on the dotted line of every paperwork that the bankers bring in.

(By the way, the very next day, the exact same thing happened in Italy where the Prime Minister resigned, only to be replaced by a banker/economist puppet. Ten days later, Spain had a premature election where a “technocrat” banker puppet won the election).

The puppet masters had the best month ever in November 2011.

Few months later, in 2012, the exact bond market manipulation was used when the banksters turned up the Greek bonds’ yields to 50%!!! This financial terrorism immediately had the desired effect: The Greek parliament agreed to a second massive bailout, even larger than the first one.

Now, here is another fact that most people don’t understand. The loans are not just simple loans like you would get from a credit card or a bank. These loans come with very special strings attached that demand privatization of a country’s assets. If you have seen Godfather III, you would remember Hyman Roth, the investor who was carving up Cuba among his friends. Replace Hyman Roth with Goldman Sachs or IMF (International Monetary Fund) or ECB, and you get the picture.

Stage 4: Now, the rape and humiliation of a nation begin. For the debt that was forced upon them, Greece had to sell many of its profitable assets to oligarchs and international corporations. And privatizations are ruthless, involving everything and anything that is profitable. In Greece, privatization included water, electricity, post offices, airport services, national banks, telecommunication, port authorities (which is huge in a country that is a world leader in shipping) etc.

In addition to that, the banker tyrants also get to dictate every single line item in the government’s budget. Want to cut military spending? NO! Want to raise tax on the oligarchs or big corporations? NO! Such micro-management is non-existent in any other creditor-debtor relationship.

So what happens after privatization and despotism under bankers? Of course, the government’s revenue goes down and the debt increases further. How do you “fix” that? Of course, cut spending! Lay off public workers, cut minimum wage, cut pensions (same as our social security), cut public services, and raise taxes on things that would affect the 99% but not the 1%. For example, pension has been cut in half and sales tax increase to more than 20%. All these measures have resulted in Greece going through a financial calamity that is worse than the Great Depression of the U.S. in the 1930s.

Of course, the ever-manipulative bankers demand immediate privatization of all media which means that the country now gets photogenic TV anchors who spew propaganda every day and tell the people that crooked and greedy banksters are saviors; and slavery under austerity is so much better than the alternative.

If every Greek person had known the truth about austerity, they wouldn’t have fallen for this. Same goes for Spain, Italy, Portugal, Ireland and other countries going through austerity.The sad aspect of all this is that these are not unique strategies. Since World War II, these predatory practices have been used countless times by the IMF and the World Bank in Latin America, Asia, and Africa.

This is the essence of the New World Order — a world owned by a handful of corporations and banks.

So, it’s time for the wonderful people of Greece to rise up like Zeus and say NO (“OXI” in Greece) to the greedy puppet masters, unpatriotic oligarchs, parasitic bankers and corrupt politicians.

Dear Greece, know that the world is praying for you. Vote NO to austerity. Say YES to freedom, independence, self-government, and democracy. Yes, democracy, the word that was invented by YOU!

P.S. (You can also watch this video where John Perkins – author of “Confessions of an Economic Hit Man” – talks about exploitation of Latin American and Asian countries using the same tools of debt-austerity-privatization. He used to do this for a living!  

Copyright Truth and Satire, 2015

Copyright © Global Research News, Truth and Satire, 2015

Source:http://www.globalresearch.ca/greece-the-one-biggest-lie-you-are-being-told-by-the-media/5460508

Reposted with permission

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    Total 39 comments
    • Warren

      Nice find. Thanks for posting this.

      • Busta Myth

        Deja Vu

        I was just trying to explain exactly what this article says about how the banksters have screwed Greece, and about the IMF ” Bailouts,” Selling off hard physical revenue producing assets etc to my folks this morning and I even mentioned the part about “the Economic Hitmann” explaining how they have done the same in many other countries

        and that was about 10 hrs BEFORE I even read this article

        Needless to say my folks just looked at me like I was a three headed Alien on LSD :lol:

        • freedomringsforall

          Amen

          I was too today
          And then they will “revalue” the world economy in the fall and what cost us approximately 1 penny in 1901 that costs us approximately 1 dollar now will cost us approximately 1.25 to 1.50 next year.
          Or maybe more depending on how greedy they really want to get.

          Of course they will not really be revaluing the world economy; just ask them.
          They will be doing all that really complicated economic hocus poke-us (pun intended); you know the stuff behind the big curtain that takes all the lever pulling and button pushing and magical looking stuff (revaluing the world economy).

          Praise God!
          Long Live the Republic!

      • Anonymous

        Gaywill please do not comment.

    • Sun Rabbit

      es and the other reason why Greece is bankrupt today! Is the Olympics.

      • albertan

        Congratulations Greece. You can join Iceland as the first two countries with the balls to tell the scum of the earth to go to hell. I wish our Prime Minister in Canada would grow a pair and do the same thing. Pierre Trudeau got us into the same ponzy scheme during his much to long reign and we still have not paid back any of the 600 billion dollars. That was forty years ago and we are still paying the interest. The debt will never be paid off. We pay way to much in taxes here in Canada. Tax freedom day is second week in June. Criminals.

    • sarah

      Iceland had similar problems to Greece a few years ago.

      Icelanders threw the bankers out of their country. And, jailed some bankers.

      Upon audit of finances for the country Icelanders found they owed very little debt. Most of the debt belonged to the banks or was fraud.

      By force they replaced their government.

      And their country is doing well today.

      • xvision2012

        ‘By force they replaced their government.
        And their country is doing well today.’

        And that’s why the puppet masters need all the bruce jenner and the kardashians and black vs white garbage to keep sheeples distracted from the most important event on the planet.

      • apache5

        Sarah,
        you hit the nail on the head and that is what is needed and more here in the US, but there are so many sheeple that still believe the MMS that we are OK, i don’t think it will happen and sooooo keep a close eye on Greece as we are inline and coming soon!!

    • Sensor

      Thousands of people took to Syntagma square in front of the Greek parliament in Athens to celebrate the ‘No’ vote, which was called “a big Yes to democratic Europe” by the country’s finance minister, Yanis Varoufakis.

      “As of tomorrow, with this brave ‘No’ the Greek people handed us…. we will extend a helping hand towards our lenders. We will call on each one of them to find common ground. As of tomorrow, Europe, whose heart is beating in Greece tonight, is starting to heal its wounds, our wounds,” Varoufakis said, as cited by Reuters.

      Greek Prime Minister Alexis Tsipras praised the ‘No’ vote in the referendum, saying that his government is ready to return to negotiations with creditors immediately so that the country’s banks could re-open.

      http://rt.com/news/271828-greece-referendum-no-vote/ :smile:

      https://www.youtube.com/watch?v=eskxfoRE9ps :lol:

    • truthseeker4809

      If you reject financial assistance offer from IMF, you will be designated as a terrorist nation. get invaded by the US military, stolen your gold, oil and mining industry.

      • Room With a View

        Technically, if you reject the IMF you are a terrorist…….to them you are terrifying, not to the world though. Double talk and deception by these banister gangsters bullies. Remember, it takes one to know one.

      • zaid

        not necessary, the malaysian economy was devastated by george soros, but our then prime minister rejected the imf offer and cured our economy ourself. look it up, the greeks can do the same.

    • Warren

      From this point on Mr. Tsipras had better watch his back. The next step will be to demonize him as was done to Saddam Hussein and Muammar Gaddafi. And we all know what the next step after that is.

      • truthlovingsoul

        GREEK PM PROBABLY WILL BE DIAGNOSED WITH AGGRESSIVE CANCER OR DIE IN A FREAK ACCIDENT.

        • Rollo57
        • LADY SARAH AND LADY SHEBA

          let’s get facts straight- the greeks are the good guys and/or germans as seen in greece are anti-heroes and the nazis.

          though real-time life works differently from the point of view of those who care or are affected by racism.

          let’s talk about a skilled worker from sri lanka who has lived and worked in greece for almost 20 years who gets shunned by greeks which translates he doesn’t have one single greek friend. this can only mean that greeks must be something better. all this happened before stage 1 and of course during the other stages.

          now talking about the current stage. the new law established in greece the right for foreigners to obtain greek nationality recently is another sham talking about sincerity and integrity.

          real-time situation is that right now africans being asylum seekers in greece get rounded up by the greek police…facing (illegal) jail-time, harassments, lies and thefts dealing with all types of tricks. though an african asylum seeker might have its documents allowing him some residence for some limited time…exactly those documents are taken by the police and not returned and the list of all types of tricks go on.

          once the greek lawyer called in got paid he tells his client if he has money he should get out of the country better.

          all this will encourage other african asylum seekers to leave greece and walk over the border without valid papers applying for the next asylum in austria or elsewhere.

          the obvious intention is to discourage also those africans with valid papers to stay though according to the law they would be allowed to apply for asylum and possibly being granted an extension (according to european law?/not sure though).

          it’s crystal clear that the current “non-racist” and “anti-nazi” ruling party of tsipras (another heroic figure) gave orders to get rid of undesired asylum seekers to be harassed and which need to be still recycled.

          the “best” recipe to get rid of your neighbour is just to harass them constantly and disregard his rights as a human being.

          very clearly the greek government knows what to do when it comes to racism and nazism.

          jordan – my favourite country (for an innocent comparison) – has got perhaps not even 3 million jordanians while another 2 million are integrated palestinians having immigrated to

          jordan from around the middle east…on top of this you have perhaps 1.5 million egyptian workers along with perhaps 0.5 million iraqis all integrated while many syrians amounting to

          perhaps another 1 million are not integrated as kept in camps. (those numbers are a mere quick estimate on my side)

          if greece doesn’t want to pay not working asylum seekers, then don’t pay them welfare but don’t kick them out either by mistreating them!

          (i am sure there would be solutions to handle such affairs appropriately.)

          if europe is polluted through atomic radiation, then those europeans left will have to flee to those countries from where they received those undesired UNTERMENSCHEN that is asylum seekers and might get the same harsh treatment they would deserve.

          this blog is supposed to paraphrase a very heroic government. so let’s hail greece at least thrice!

    • Morgawr

      Greeks final win a victory, now I’m expecting their main man to sell them out, why does he want to stay in the EU, we all know it’s a Criminal Organization.

    • Einstein

      It is all exposed in their blueprint for world enslavement called the Protocols Of Zion.
      It is time to wake up! Send this link to everybody you know, post it everywhere.
      The Protocols are the key to it all and we are running out of time.
      Click NOW to read the Protocols —-> http://www.biblebelievers.org.au/przion1.htm

      • ruffsoft

        This has been an excellent discussion until you inserted the fake Protocols.

    • The Ferrett

      Brilliant presentation – a lot of truth here, but the “J” word is never mentioned.

      Just lotsa evil corporations doing their thing under the umbrella of USA Inc.

      We must all face the fact, that the root cause of all this is Talmudic Judaism, not the “Jews” or the “Khazarian Mafia,” or any other innocuous handles.

      Remember, Jesus Christ was tortured to death by the Pharisees, the exact forerunners of today’s Talmudic Jews!!

    • VirusGuard

      “Unscrupulous politicians such as Tony Blair joined Goldman Sachs”

      Blair is scum and we all know he needs hanging for his WMD lies but not many people know yet about the $5bn Goldman Sachs scam for advice paid to the jewish bankers for bad advise.

      Blair and Goldman also did the dirty on Lybia and got away with it by saying it was all sadams money, well no it was not so i wonder who’s going to come out the wood work next that will have this pair ripping them off again

      The price for treason is hanging

      • CrowPie

        Lets have a moment of silence in rememberance that Ted Cruz wife works for Goldman Sachs.

    • Man

      yes, it is always the fault of the banks, Not the governrment that spends itself in debt.

      I Mean we never blamed the president for the debt… never…. /sarcasm

      • CrowPie

        Your absolutely right! I mean it is all the governments fault. First, they structure the laws so that the banks have total dominion. Then, the system is structured so that no business can be conducted without 1. Credit & 2. a Banking institution backing you.

        Then,…..the laws are structured to protect the banks and screw the customer by way of interest, fees and the bank having the flexibility to change the rules on the customer at their pleasure.

        Then when the banks begin to use these tactics on the very government that created or abolished the laws that made this dictatorship possible…..

        You absolutely have to blame the government for not seeing the crushing weight of tsunami sized interest rates coming its way.

        Yes……it’s the governments fault……it certainly is.

    • Morgawr

      Even before I woke up, “6 hrs sleep” The Sell Out has begun.

    • TEXASPROUD

      “Confessions From An Maxtrix Citizen” I had NO IDEA how twisted our government was until I became a member of BII. I gladly lived my comfortable American life totally oblivious to the truth… I used to think all of YOU PEOPLE was serious nut jobs who were afraid of their own shadow and just bitter people, however, the more I read and the more I research this site; the internet; and personal research, I’m now CONVINCED that we are TRULY the most evil government on the face of the Earth, and we deserve God’s judgment. We were once a blessed nation, but we became greedy, immoral, no longer God-fearing. Our judgment has been sealed by God and I pray that anyone that doesn’t know Christ would accept him into their hearts and their personal Savior. We don’t have much time left. Trust in Jesus Christ to save you from the coming judgment. God bless you all….

      • Busta Myth

        Reality really sucks doesn’t it :roll:

    • JV Wellesley

      The Euro was and is (for now) worth more than the Drachma. Therefore, the government and the people can live a “better” life. This all came at a cost. All eyes are upon Greece but all fractional fiat reserve lending nations will go into depression, some sooner some a bit later. Since all central bank issued fiat notes MUST be paid back PLUS interest to the issuing central bank… they are all, every single one… DEBT! What do you have in your pockets and bank accounts??? DEBT!! …and you, yes YOU… shall be held accountable! Your accountability will be self evident when the NEW SYSTEM is shoved down everyone’s throats… in order to “save” you… Tick… Tock…

      Meet the new boss… Same as the old boss, except the phony smiles are gone.

      IF you can’t wrap your heads around this… I (along with many others) pity you.

    • Dave 1963

      Sky TV put out a a short screenplay titled “The Man” on Playhouse Presents back in 2012. It was basically a look at what Bilderberg is and what they do. It was on Youtube for a while but it’s been pulled. Almost like someone doesn’t want you watching it.

      In the show the character played by Steven Fry says; ” If the goal of the IMF is to promote economic prosperity through loans to poor countries. Why is it that not one country has ever gained first world status by borrowing money from the IMF?”

      The character played by Stellan Skarsgard says; ” The country is encouraged to borrow money for some useless infrastructure project. Then because we want the work done right we insist that the project be built by a western company. The money ends up back in a western bank. Then when the country can’t make loan payments the IMF steps in and takes total economic and political control.” Sound familiar?

    • John 3:16

      GO GREECE!

      Thank you for this informative article. I can still hear the reverberations “Don’t waste a good crisis”… lol Not exactly the outcome the gangster banksters wanted.

      Those who incandescently promote division and segregated ideologies through falsehood and half truths must hate the united front that Greece displays.

    • CaptAmerica

      Greece was warned that this would happen once they took the EU’s money. They will never be able to pay back the interest the banks want.

    • Fillipper

      Steps to the NWO are falling right into place. MUUUHAHAHAHAHAHA!!!!

    • Photonic

      At last some one who understands and sees the world of Babylon as it is and the at the Helm of this world. Now dear citizens of the 99% prepare for the sounds of, “Only we can save you!” Don’t be deceived, all is not as it seems. Greece gave the western world its form of civilization, and Greece will also take it away! For the powers of heaven above ruled by the ‘Ancient of Days’ determine the course of events for its own righteous end and salvation of man. Greece (who has been pillaged since 1800s) by the one percent, is the gunshot now heard around the globe, signaling war, chaos, death and destruction on a global scale as the one percent seize their opportunity; the acceleration has begun! Do you now see, all is orchestrated as the author of this article rightly rightly states. yet even he does nor see the complete and monstrous agenda at hand. This will not bring globalization but fracture the world into formidable apposing foes of mainly two camps who will not care about right or wrong or peace and war but for power and control, and if neither can have it, to hell with it! How fortunate we are that their is a third party which has a different outcome in mind; one that is for deliverance from these dark powers from beneath and above who stand for death and destruction, and establish a true world of peace and prosperity for all humanity who survive into the world tomorrow! Prepare Oh citizens of the Earth, for all that you once knew is coming to an end! GOD speed that day!

    • LADY SARAH AND LADY SHEBA

      EXCELLENT ARTICLE! BRILLIANT! It’s wrong in the first place to call up anybody in a country, in order to distribute credits endlessly as many might/would fall for it. All the display aforementioned might even mean that the weapon deal between Germany and Greece was not completely voluntarily but done with some manipulations using possibly handlers. If this world is ruled by mafia and it is, then the 99% and the good agents among the 1% need to turn things around though I strongly believe the microchipping of large percentages of human mankind will happen and any refusal, in order to be eligible for paradise, can have real bad consequences. Do More Good Deeds! See- domoregoddeeds.wordpress.com

    • Recluse52

      Bring back yanis

    • Louis

      Bankers want to bankrupt everyone and force them to bear the mark of the beast. Those who do, will be able to participate in the new banking system, which will be all digital. No more cash — just totally controlled computer transactions.

      God, on the other hand, wants to purify the earth with lightning storms, annihilate thieving bankers from the face of the earth, and make every faithful member of His flock of believers fabulously wealthy with grace and bounty in a world purified back to Eden-like conditions.

      God is going to win, and bankers are going to lose. That’s what is written, and that’s what is going to happen. Just be patient, and you’ll see.

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