Monday, June 29, 2015

Lord Stirling's News Blog EUROPE



 Lord Stirling's News Blog EUROPE

Holy Shroud of Turin

  Powerful prayer to St. Michael the Archangel - video ~ link
AVE MARIA - by Helene Fischer - video ~ link
ORTHODOX CHERUBIM HYMN - video  ~ link  
AVE MARIA by Perry Como - video ~ link 

Pray for Peace

On the Road to the Third World War

Armageddon also means that the Second Coming of Christ is near


Please post a link to today's blog on various sites and forward to friends.  Thanks, Tim Earl of Stirling  

It appears that the awaited Global Economic Crash HAS BEGUN! The World is beginning a new level on the descent into Armageddon!
Black Monday 

Greeks storm ATMs, Gas Stations, Stores - Ignoring PM Tsipras's Plea for Calm ~ link ~
It begins, the Week from Hell.  Stirling  

Just a few hours ago Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe." It appears the Greeks did not believe him. Many were wondering where the Greek bank lines were for the past several months. Turns out the local depositors were merely waiting until just after the last minute to withdraw their funds... horde gas... and stack food. Greece, it appears is Venezuela - the new socialist paradise.

Tsipras implored: "Keep Calm...."

Greek Banks and Stock Market closed for a week or so - Capital Controls Begin ~ link ~ link ~ link ~ link ~ link ~

Greeks, for whom all the economic and political talk means nothing, because THEY NOW HAVE NOTHING ~ link ~ Also see ~ link ~ Millions of human beings are having their lives turned upside down because the top 30 cabal families, who have so very much, want it ALL.  Stirling 

After seven years of a crisis that has left 26% of Greece’s workforce unemployed, 30% of its people below the poverty line, 17% unable to meet their daily food needs and 3.1 million without health insurance, it is hard to see how anything decided in Brussels or in Athens in the coming week will do much to change the lives of a large number of Greeks any time soon
Those that were already on the margins have been pushed right to the very, very edge, and those who were in the middle have been pushed to the margins,” said Ioanna Pertsinidou of Praksis, a charity that runs day centres for vulnerable people and offers legal and employment advice.

So many people – ordinary, low-to-middle income people with jobs and homes and their lives on track – have seen their lives go drown the drain so fast,” Pertsinidou said. “People who never dreamed that one day they would not be able to pay their electricity bill, or feed their children properly.

Over the weekend G-7 and EU banking officials held Emergency Calls ~ link
Now that the Greek parliament has given PM Alexis Tsipras’ euro referendum the go ahead (the vote will effectively be a poll on euro membership or, on the choice between sovereignty and servitude if you will, because as the IMF flatly noted on Saturday, the proposal that was supposed to form the basis for the referendum will be null and void by the time Greeks go to the polls) and now that Greeks have pulled another €1 billion plus from the ATMs, capital controls are all but certain early next week, especially now that the ECB has frozen the ELA cap. This means the crisis, to use Irish FinMin MIchael Noonan’s words, “has now commenced” and a “Lehman weekend” is indeed underway

Against this backdrop, multiple “emergency” meetings have been scheduled for Sunday as EU officials scramble to figure out how best to deal with what is likely to be a turbulent week and to consider the financial impact a potential Grexit will have on the currency bloc, its member nations and institutions, and on the global financial system as a whole

The Greek Butterfly Effect ~ link ~ Do take the time to read this one in full at the link. Stirling 

Everybody would want a cut on their debt starting with Italy, Spain, Portugal etc. and the dominos would be rolling. No, they do not want this as a default would require acknowledging that debt matters.

What are the alternatives? Greece’s referendum move risks putting a debt deal up for a vote to citizens. When has that ever happened? Have Americans every voted on their government’s debt spree? Have citizens ever had a say on their central bank’s policies and balance sheet expansions? The answer is no. This so ever important element of our global economic system is completely removed from voters.

And so Yanis Varoufakis is very much correct in highlighting this open secret:

Euros Out ~ Drachmas In?
Greek Government "Printing Drachmas" ~ link ~

The limbo expectation was reflected by all-night queues at the ATMs in Athens, as locals tried to ensure they have enough cash once the banks close….probably Monday afternoon. The Slog picked up allegations from both Ireland and Athens over the last few days that Syriza has been printing Drachma bills in the Emerald Isle for some time…with the shortfall being taken on by a firm in Switzerland. One wonders what currency the printers want to be paid in.

Greece bids to restore its democracy. Nothing to see here, move along now

Troika: starving the Greeks into Economic Submission ~ link ~ This shows the true demonic nature of the beasts that we are dealing with here!!!  Stirling   

Eurozone, ECB and IMF officials’ treatment reveal the latest example of predatory capitalism.

Since Greece’s financial crisis erupted in 2009, imposed austerity diktats incrementally transferred its wealth, assets and enterprises to Western interests at the expense of a 25% GDP drop, mass impoverishment and unemployment (60% for youths), elimination of vital public services, and a brain drain of its best and brightest.

What is called "Negotiation" for Greece by EU is really just a Demand for Total Surrender ~ link ~

Many readers of the European and American press must be confused about what actually is happening in the negotiations between Greece (Alexis Tsipras and Yannis Varoufakis). The European Troika (the IMF, European Central Bank and European Council now object to the name and want to be called simply “the Institutions”) have stepped up their demands on Syriza. 

What is called “negotiation” is in reality a demand for total surrender. The Troika’s demand is to force Syriza to go back on the campaign promises that it made to voters who replaced the old right-wing Pasok (“socialist”) and Conservative New Democracy coalition, or else simply apply the austerity program to which that coalition had agreed:cutbacks in pensions, deeper austerity, more privatization selloffs, and a tax shift off business onto labor. In short, economic suicide.

The Delphi Declaration ~ link ~ Do take a minute to read this one in full at the link.  Stirling 

The world must realize that the so-called troika – IMF, European Central Bank and European Commission, is literally blackmailing Greece and subjecting her to outright economic torture.

During the past days, Mr. Tsipras, Greece’s Prime Minister, has made considerable concessions to the creditors in Brussels and Washington – but none were good enough. Instead they, the notorious troika, have presented Greece with an austerity package which is simply unacceptable for the Government – and for the people.

Pensions have already been cut by close to 50% to an unlivable level especially for the poor – the troika requires more cuts.Already now most of public services and assets have been privatized, hospitals and schools closed – they want more. The public administration has already been reduced to a minimum, causing huge unemployment – they want more. They also want additional taxes which further affect the poor.

Capital Controls, Greek Collapse, Global Turbulence ~ link ~  

The Syriza government imposed capital controls Sunday and announced the closure of Greek banks after the European Central Bank (ECB) said it would freeze the emergency loans it had been making to keep the country’s banks afloat.

The ECB’s decision, backing the refusal of the European Union (EU), led by Germany, to soften its demands for even harsher attacks on Greek workers and pensioners than those proposed by Syriza, led Athens to take the emergency measures. A run on Greek banks by depositors mushroomed over the weekend after talks to avert a Greek default broke up and Syriza leader and Greek Prime Minister Alexis Tsipras announced a referendum for July 5 on the EU’s package of austerity measures.

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