[capitalismos] SUNDAY OF PIGS AND HOODWINKS IN BEWILDERED BRUSSELS
Papandreou, godfather of the October-18 Mafia, has curbed a revolt in his mafia by including some of his harshest critics in the new administration, but that might also weaken the reforms. Moreover he has maintained some very stupid ministers. Unquestionably, the freakish Foreign Ministry of Greece is the stupidest ministry on Earth, a booboo mill! Everything that could go wrong with this ministry did go wrong.
On October 18, 2010, Alternet FM Marilizard Xenoyank destroyed a distinguished professor and dissident blogger in order to appease Premier Erdogan of Turkey. Dissident head on plate is something Salome, femmes fatales, or sirens would definitely appreciate! Beware of Greeks bearing gifts, especially Trojan Horses and dissident heads!
Papandreou named political heavyweight Evangelos Venizelos, his biggest party rival, as finance minister. Venizelos is now traveling to Brussels to hoodwink Eurogroup. The Eurogroup meeting will start on Sunday 19 June at 7pm. The European Commission will be represented by Economic and Monetary Affairs Commissioner Olli Rehn. The meeting will resume on Monday 20 June at 8.30am.
Twice a year, the Eurogroup exchanges views with the International Monetary Fund on euro-area policies. As part of the latest Article IV consultation, IMF staff will present to the Eurogroup the Fund's views on the economic outlook for, and the economic policies of, the eurozone. This will then be discussed by the Ministers.
Ministers will discuss recent economic and financial developments in Greece on the basis of the fourth review of the economic adjustment programme of Greece. That's when Venizelos will drive them crazy with his hoodwimnks and his fantastic rhetoric!
Wolfgang Schaeuble reiterated Berlin's position that financing a new bailout for the October-18 Mafia should not be left entirely to governments. but only stupid investors would squander their money in a country addicted to kleptocracy, socialism, charge stacking, marilizardism, and xenoyankism.
Fundamentally all parties agree that the private sector must do its part in a new Greek aid package, but we are still discussing the how, Schaeuble said. There is no way any prudent investor will throw a euro in the Cradle of Kleptocracy, which is infested with Marilizard Xenoyank, the October-18 Mafia, charge stacking, and the cancer of socialism.
We need a voluntary participation from private creditors, which firstly lends substantial support for Greece, second is quantifiable and third is reliable, Schaeuble added. Any bailout for the Cradle of Kleptocracy is taxpayers' hard-earned money blown out with the wind, because the October-18 Mafia continues corruption, squander, marilizardism, xenoyankism, incivility, stupidity, charge stacking, and junketing. The Grand Brothel on Syntagma Square and the Eldorado of Prostitutes are in cahoots to perpetuate immunity, impunity, and the corrupt status quo.
The leaders of Germany and France, long at odds over how to involve private holders of Greek bonds in a new rescue package for the October-18 Mafia, said on Friday they agreed on a mild solution favored by Paris and the European Central Bank. Merkel said this approach, modeled on a 2009 agreement by banks to maintain their exposures in central Europe at the height of the financial crisis, was a good foundation for a Greek deal.
Bond markets remain fearful that the October-18 Mafia may default and most economists are overwhelmingly skeptical that it can ever repay its debt mountain, which has reached 340 billion euros or 150 percent of the country's annual economic output. Bankruptcy would be God's gift to the Cradle of Kleptocracy, because Greece needs a real shock and awe to recover from political corruption. And it looks like God will manifest his benevolence pretty soon!
A bankruptcy will also bring the much needed revolution to get rid of Graecokleptocrats. The sooner Graecokleptocracy defaults, the better it will be for all concerned. The bigger the haircut, the worse the pain that follows. The damage being inflicted on Greece is very masochistic. When defaults within the eurozone are accepted, a sensible analysis about how to fix the euro can begin.
The first review of the EU/IMF financial assistance programme for Ireland has been completed. The Irish authorities have demonstrated strong ownership of the programme's implementation and are on track to meet Q2 2011 conditionality. Reflecting this, the second quarter disbursements from the European Financial Stabilisation Mechanism (EFSM) have been made.
Looking ahead, continued steadfast implementation of the programme is essential to further lay the foundations of a return to sustained growth and to reduce remaining uncertainties. The next review mission will take place in early July.
The implementation phase of the Economic Adjustment Programme for Portugal has started. Portugal has taken the prior actions necessary for the first disbursements by the European Financial Stabilisation Mechanism/European Financial Stability Facility (EFSM/EFSF) and the IMF Stand-By Agreement. The EFSM has disbursed so far €6.5 billion and the IMF € 6.1 billion. The EFSF placed on 15 June €5 bn of 10-year bonds for financing Portugal's programme. These funds will serve to disburse €3.6 billion to Portugal on 22 June. A further issue is scheduled before mid-July.
The success of the programme depends on its swift implementation. Following the elections on 5 June, the Commission looks forward to work closely also with the incoming government. Technical missions to Portugal by the EC/IMF and ECB are foreseen during the summer months. The first review mission will take place during the first weeks of August.
TERMS
anon: antimarilizardist
Anonymous: anon meme
the Cradle of Kleptocracy: Greece
the Eldorado of Prostitutes: European Parliament
Fourth Reich: European Union
the Grand Brothel on Syntagma Square: Parliament of Greece
Marilizard Gift: dissident blogger's head on plate
Marilizard Libel: accusing dissident bloggers of treason
Marilizard Spaghetti: throwing charges on innocent people, in case one sticks
Marilizard Tower: stack of imaginary charges to scare an innocent blogger
marilizardism: terrorizing dissident bloggers
October 18: International Day Against Cybercop Brutality
the October-18 Mafia: Government of Greece
xenoyankism: stupid politics
http://venitism.blogspot.com/
On October 18, 2010, Alternet FM Marilizard Xenoyank destroyed a distinguished professor and dissident blogger in order to appease Premier Erdogan of Turkey. Dissident head on plate is something Salome, femmes fatales, or sirens would definitely appreciate! Beware of Greeks bearing gifts, especially Trojan Horses and dissident heads!
Papandreou named political heavyweight Evangelos Venizelos, his biggest party rival, as finance minister. Venizelos is now traveling to Brussels to hoodwink Eurogroup. The Eurogroup meeting will start on Sunday 19 June at 7pm. The European Commission will be represented by Economic and Monetary Affairs Commissioner Olli Rehn. The meeting will resume on Monday 20 June at 8.30am.
Twice a year, the Eurogroup exchanges views with the International Monetary Fund on euro-area policies. As part of the latest Article IV consultation, IMF staff will present to the Eurogroup the Fund's views on the economic outlook for, and the economic policies of, the eurozone. This will then be discussed by the Ministers.
Ministers will discuss recent economic and financial developments in Greece on the basis of the fourth review of the economic adjustment programme of Greece. That's when Venizelos will drive them crazy with his hoodwimnks and his fantastic rhetoric!
Wolfgang Schaeuble reiterated Berlin's position that financing a new bailout for the October-18 Mafia should not be left entirely to governments. but only stupid investors would squander their money in a country addicted to kleptocracy, socialism, charge stacking, marilizardism, and xenoyankism.
Fundamentally all parties agree that the private sector must do its part in a new Greek aid package, but we are still discussing the how, Schaeuble said. There is no way any prudent investor will throw a euro in the Cradle of Kleptocracy, which is infested with Marilizard Xenoyank, the October-18 Mafia, charge stacking, and the cancer of socialism.
We need a voluntary participation from private creditors, which firstly lends substantial support for Greece, second is quantifiable and third is reliable, Schaeuble added. Any bailout for the Cradle of Kleptocracy is taxpayers' hard-earned money blown out with the wind, because the October-18 Mafia continues corruption, squander, marilizardism, xenoyankism, incivility, stupidity, charge stacking, and junketing. The Grand Brothel on Syntagma Square and the Eldorado of Prostitutes are in cahoots to perpetuate immunity, impunity, and the corrupt status quo.
The leaders of Germany and France, long at odds over how to involve private holders of Greek bonds in a new rescue package for the October-18 Mafia, said on Friday they agreed on a mild solution favored by Paris and the European Central Bank. Merkel said this approach, modeled on a 2009 agreement by banks to maintain their exposures in central Europe at the height of the financial crisis, was a good foundation for a Greek deal.
Bond markets remain fearful that the October-18 Mafia may default and most economists are overwhelmingly skeptical that it can ever repay its debt mountain, which has reached 340 billion euros or 150 percent of the country's annual economic output. Bankruptcy would be God's gift to the Cradle of Kleptocracy, because Greece needs a real shock and awe to recover from political corruption. And it looks like God will manifest his benevolence pretty soon!
A bankruptcy will also bring the much needed revolution to get rid of Graecokleptocrats. The sooner Graecokleptocracy defaults, the better it will be for all concerned. The bigger the haircut, the worse the pain that follows. The damage being inflicted on Greece is very masochistic. When defaults within the eurozone are accepted, a sensible analysis about how to fix the euro can begin.
The first review of the EU/IMF financial assistance programme for Ireland has been completed. The Irish authorities have demonstrated strong ownership of the programme's implementation and are on track to meet Q2 2011 conditionality. Reflecting this, the second quarter disbursements from the European Financial Stabilisation Mechanism (EFSM) have been made.
Looking ahead, continued steadfast implementation of the programme is essential to further lay the foundations of a return to sustained growth and to reduce remaining uncertainties. The next review mission will take place in early July.
The implementation phase of the Economic Adjustment Programme for Portugal has started. Portugal has taken the prior actions necessary for the first disbursements by the European Financial Stabilisation Mechanism/European Financial Stability Facility (EFSM/EFSF) and the IMF Stand-By Agreement. The EFSM has disbursed so far €6.5 billion and the IMF € 6.1 billion. The EFSF placed on 15 June €5 bn of 10-year bonds for financing Portugal's programme. These funds will serve to disburse €3.6 billion to Portugal on 22 June. A further issue is scheduled before mid-July.
The success of the programme depends on its swift implementation. Following the elections on 5 June, the Commission looks forward to work closely also with the incoming government. Technical missions to Portugal by the EC/IMF and ECB are foreseen during the summer months. The first review mission will take place during the first weeks of August.
TERMS
anon: antimarilizardist
Anonymous: anon meme
the Cradle of Kleptocracy: Greece
the Eldorado of Prostitutes: European Parliament
Fourth Reich: European Union
the Grand Brothel on Syntagma Square: Parliament of Greece
Marilizard Gift: dissident blogger's head on plate
Marilizard Libel: accusing dissident bloggers of treason
Marilizard Spaghetti: throwing charges on innocent people, in case one sticks
Marilizard Tower: stack of imaginary charges to scare an innocent blogger
marilizardism: terrorizing dissident bloggers
October 18: International Day Against Cybercop Brutality
the October-18 Mafia: Government of Greece
xenoyankism: stupid politics
http://venitism.blogspot.com/
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