The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label bailouts. Show all posts
Showing posts with label bailouts. Show all posts

Thursday, November 12, 2015

EU unofficially becomes a political union after threatening to cut off funds to Portugal

Earlier this year, the European Union’s economic arm fought tooth and nail with Greece over their massive amounts of sovereign debt that hung in the balance between default, and restructure.  In the end, the Troika won out over the Syriza government, and money began to flow back in only after austerity measures were increased against the Greek people.
And a little less than six months later, the EU is once again attempting to use their power on a sovereign country to force not only monetary policies on the people of Portugal, but perhaps now a political one as well as on Nov. 10, the European Central Bank threatened to turn off the Euro spigot to the Southern European country for their temerity in voting out an EU friendly government and replacing it with a Marxist one.

Read more on this article here...

Monday, January 9, 2012

Is Greece preparing for internal civil war or some other military incursion?

Zeit Online issued an interesting report on Greece, and how they have spent much of the bailout money they received from the IMF, ECB, and other EU sources.  It appears that the Mediterranean country has been buying military armaments including helicopters, frigates, and german subs.

In a story on Zeit Online, the details of the multi-billion Euro new arms contracts are exposed as the European reach-around would be complete with IMF (US) and Europe-provided Greek bailout cash doing a full-circle into American Apache helicopters, French frigates, and German U-Boats. As the unnamed source in the article notes: "If Greece gets paid in March the next tranche of funding (€ 80 billion is expected), there is a real opportunity to conclude new arms contracts." With the country's doctors only treating emergencies, bus drivers on strike, and a dire lack of school textbooks and the country teetering on the brink of Drachmatization, perhaps our previous concerns over military coups was not so far-fetched as after the Portuguese (another obviously stressed nation), the Greeks are the largest buyers of German war weapons. - Zerohedge

Whether the threat of an internal coup, or the ramping up of conflict with Turkey over Cypress is real, the real truth is that governments are obliged to themselves, not to the needs of their citizens, and is in many ways similar to the US in their continuous need to fund the military, even as people lose their homes and remain unemployed.