William Bowles.info

13 February 2012 — williambowles.info

13 February 2012
EU welcomes Greek austerity vote
BBC News Today at 12:29
The EU welcomes Greece’s approval of tough austerity measures, needed for a massive bailout package, which sparked riots in Athens on Sunday.

‘Greece doomed, economy total farce & fiction!’
Max Keiser and Stacy Herbert Today at 11:2

Greek pain to stay despite rescue package
Russiatoday.ru Today at 10:11
Greece is a step closer to getting another rescue package from its international creditors. Russian experts say the package will just sooth the pain without curing the disease.

Should Greece Pull Out of the Euro?
The Real News Network Today at 07:02
TRNN Replay – Costas Lapavitsas: The Greek people face a decade of depression in the Eurozone, it’s better to leave and make major reforms.

Market Buzz: A play-off game
Russiatoday.ru Today at 06:10
In Monday’s session, Russian markets are expected to win back the losses they bore last week, as Greece finally agreed to austerity measures Sunday. Macroeconomic statistics from the US will join ‘the Greek factor’ this…

12 February 2012
Massive austerity bill approved in riot-torn Greece
Russiatoday.ru Yesterday at 23:29
The Greek parliament has approved new harsh austerity legislature needed to secure a 130-billion-euro bailout from the EU and the IMF in efforts to avoid devastating default. This comes amid violent riots against the…

Greek police fire tear-gas at protesters (VIDEO, PHOTOS)
Russiatoday.ru Yesterday at 17:36
Riot police in full gear including gas-masks have resorted to extreme measures after the rally against anti-austerity measures in front of the Greek parliament turned violent.

Greece: A brutal experiment on people’s lives
Green Left Weekly issue #782 Yesterday at 06:53
Sun, 12/02/2012
By Afrodity Giannakis, Thessaloniki
Greek unions launched a two-day general strike on February 10 against new extreme austerity measures the ‘troika’ of the International Monetary Fund, European Central Bank and European Union is seeking to impose on the southern European nation. The deal will give Greece a new ‘bail-out’ worth 130 billion euros (A$161 billion) in return for fresh spending cuts.

Greek leader urges lawmakers to pass austerity bill
Russiatoday.ru Yesterday at 01:43
Greek PM Lucas Papademos has warned parliament of ‘uncontrollable economic chaos’ if it fails to approve a new austerity bill that will cut 15,000 public-sector jobs and lower the minimum wage by 20 per cent.

11 February 2012
This is secured debt, which means that if every dollar in assets generating one dollar in GDP were to be liquidated and Greece sold off entirely in part or whole to Goldman Sachs et al, there would still be a 36% shortfall to the Troika
Max Keiser and Stacy Herbert 11/02/2012 at 20:57
The Cost Of The Combined Greek Bailout Just Rose To €320 Billion In Secured Debt, Or 136% Of Greek GDP

Germay and other bankers already feeding on Greek corpse
Max Keiser and Stacy Herbert 11/02/2012 at 14:38
UBS Asks: Has Greece Already Been Printing ‘Quasi-Drachmas’?!

Germany’s Financial Blitzkrieg Looking To Roll Into Portugal (now that Greece is done and dusted).
Max Keiser and Stacy Herbert 11/02/2012 at 14:19
Germany promises Portugal ‘programme adjustment’ after Greece

Greek diet needs more ingredients
Russiatoday.ru 11/02/2012 at 12:03
A final decision on the long awaited second lifeline for Greece has been put off till next week. Eurozone finance ministers are asking for an extra €325 million of savings in 2012. This has caused concern to investors…

VIDEO: Greek cabinet agree austerity plan
BBC News 11/02/2012 at 02:42
The Prime Minister of Greece, Lucas Papademos, has insisted his country must do ‘whatever it takes’ to avoid bankruptcy and catastrophe.

10 February 2012
Greek cabinet approves new cuts
BBC News 10/02/2012 at 22:59
Greece’s cabinet approves a draft bill committing to austerity reforms required to get new bailout funds, amid warnings of ‘chaos’ if parliament fails to ratify it.

Greece anger over spending cuts
BBC News 10/02/2012 at 16:03
Greek protesters clash with police in Athens, as a coalition party withdraws support for budget cuts needed to secure the latest bailout deal.

Debt, Creditors and the Social Failure of the EU
Dissident Voice 10/02/2012 at 16:00Al Engler
The movement to occupy on behalf of the ninety-nine percent has flagged, but the wealthiest one percent have not relented in their campaigns to enrich themselves at the expense of others. This was made clear in the recent World Economic Forum, in Davos, Switzerland. The tone was set by Canada’s Conservative Prime Minister, Stephen Harper. He blamed Europe’s social entitlements for current government debt problems, and then came back home to call for cuts in Canada’s pension entitlements.

Financial holocaust looms as Germany storms Greece
Max Keiser and Stacy Herbert 10/02/2012 at 15:54

Greece govt stuck between protesters and troika
Strategic Culture Foundation 10/02/2012 at 15:23

Greece heading towards ‘financial holocaust’ – Keiser
Russiatoday.ru 10/02/2012 at 15:02
The Greece’s incredible debt has in fact been accumulated in the banks around the world and forced on to the balance sheet of Greece, says financial analyst Max Keiser, referring to the situation as ‘financial…

Gold dances to a Greek tune
Russiatoday.ru 10/02/2012 at 14:08
Gold continues to jive up and down, with ‘The Greek factor’ playing the tune, and the inflationary bogey dictating the rhythm. Overall sentiment remains bullish, as the precious metal has gained around 11% since the…

Cuts and tears: Greek police disperse angry mob (VIDEO, PHOTOS)
Russiatoday.ru10/02/2012 at 13:19
Greek riot police have used tear gas to disperse the crowd of raging rioters throwing petrol bombs and stones. Greece is at a standstill once again, with people venting their anger at more cuts, which the EU is…

Germans prefer Greeks to slit their owns throats then having to get their hands dirty doing it
Max Keiser and Stacy Herbert 10/02/2012 at 11:35
Germany Says Greece Missing Debt Targets in Fresh Aid Rebuff

Greece given tough bailout terms
BBC News 10/02/2012 at 10:16
Eurozone ministers set tough conditions for a bailout deal for Greece, as Greek unions plan a 48-hour strike in protest against cuts.