Tuesday, May 19, 2015

GREEK DEBT REVELATION: HERE'S HOW WE DEAL WITH THE GREEK DEBT!


My man site is JohnKountouris.com

ΣΤΑ ΕΛΛΗΝΙΚΆ ΠΙΟ ΚΆΤΩ...ΒΡΕΊΤΕ ΤΟ ΣΧΕΤΙΚΌ ΣΎΝΔΕΣΜΟ ΠΑΡΑΚΆΤΩ...

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By Greek journalists Giannis Papazisis and Makis Vrachiolidis





Sunday, March 1, 2015


REVELATION: THIS IS WHAT WILL WIPE OUT THE GREEK DEBT, MR TSIPRAS!  – NEW DOCUMENTS FINDINGS ON THE GREEK DEBT A SLAP IN THE FACT OF EUROPE AND THE IMF

WE HAVE LITERALLY REPAID OUR OWN GREEK DEBT TWICE!  EUROPE HAS BEEN TURNED INTO A USURY SHOP WHICH HAS DISSOLVED WHOLE NATIONS! WE DON'T OWE THEM ANYTHING ANYMORE!

HERE'S A REASON FOR THE GREEK PRIME MINISTER TO SHUT THE MOUTHS OF OUR EUROPEAN PARTNERS!

FAILURE TO ACT ON HIS PART WILL RENDER HIM RESPONSIBLE, TOO, FOR THE DESTRUCTION OF THE COUNTRY!

Greeks journalists Giannis Papazisis (journalist-author, photo right) and Makis Vrachiolidis (journalist-editor)



















Schäuble: "If Greece does not fulfill its commitments we will not give any more money to them. Alexis Tsipras now has the floor to speak!

Who will silence the arguments of all those wretches in Europe (who supposedly are our "partners") who dare to give lessons on virtue to the Greeks?Who will tell them that Greece no longer owes anything and that she has paid many times over her public debt that was fraudulently and usuriously concocted and thereby is used to destroy the Greek race?

It's now Alexis Tsipras' time to speak.  He has the floor, not so that he bows his head like a frightened little schoolboy to his schoolmaster, Schauble, but to rub in the face of Europeans the documents demonstrating that this fraudulent debt has already been payed by the Greek people two and a half times over. Thus he will move in favor of the Greek nation's interests insofar as canceling out this supposed "Greek debt."

Behold the documents:

1.





The two above tables, official data from the PDMA (Public Debt Management Agency, Greek: ΟΔΔΗΧ, Οργανισμός Διαχείρισης Δημόσιου Χρέους) show this crime that has taken place against the Greeks by our supposed "European partners," but essentially our fiscal annihilators.  If one adds the sums that our country has given to its lenders from 1991 until today, we find that we have paid our debt almost two and a half times already!  More than700 billion Euros have gone into the hands of our partners from Europe!And yet, the country's debt appears to remain outstanding showing that we currently "owe" over 300 billion!

No Greek politician has yet to rub in the face of out European partners / creditors this major truth. No one told them: "Stop denigrating the Greeks for supposedly not paying their debts and stop preaching at them for supposedly not repaying their 'obligations' to you. We have repaid you your money twice over in interest and amortization payments and you continue to ask for more? You have turned Europe into a usurious lending house that has as its goal the eventual elimination its peoples! Well, enough is enough! We've paid you back and then some!"

Yet as wee see below here just why and how the Greek debt conjured up fraudulently within a usurious framework.

2.






See the interest rates here with which the usurers loaded our country with! We have official data here. At a time when Germany borrows from the ECB at a rate of 0.30%, for us Greeks they fraudulently inflate our debt with interest rates from 2.0% to 6.0%!   And not just that. Up to even 14% is what our politicians pledged to pay!


See below:





In the image shown here above we see the bonds of the four major Greek banks which, by the accounting fraud of former Greek Finance Minister under New Democracy, Mr. Stournaras, were transferred from the year 2013 to 2014 up till even the year 2016, with inflated interest rates and which have caused the Greek public debt to climb by an extra 9 billion Euros. Stournaras transferred them from 2013 to 2014-2016 with inflated interest rates were charged to the Greek public debt by 9 billion extra. This outline was posted on the site diaforos.blogspot.gr.

Former Finance Minister and current Governor of the Bank of Greece,  Mr. Stournaras, loaded on the Greek people an increased rate of 14% which is almost an increase of 26 billion Euros overall on the Greek debt which the banks refuse to pay!

More specifically, the 26 billion Euro debt of the banks which with the fraudulent actions of then Finance Minister, Stournaras, were transferred to the people, are broken up as follows:

1.        The National Bank of Greece: 4 government bonds worth 8,765,000 billion Euros.

2.         EUROBANK: 4 government bonds worth 7,770,000 billion Euros.

3.        Piraeus Bank: 3 government bonds worth 4,576,000 billion Euros.

4.        ALPHA   BANK: 3 government bonds worth 4,867,000 billion Euros.


We as the Greek people haven't been encumbered with illegal interest rates just from the ECB, but from the IMF as well. See the following document:

3.





Greece was one of the founding members of the creation of the IMF!In 1945 by mandatory Royal Law we paid $40 million for the establishment of the IMF!Today it is illegal for us to borrow at the rate of 2% from the IMF which we especially feel is a blessing, in this respect, compared to what the ECB gives us! Our borrowing rate from the IMF (as a founding member that we are) should be @ 0.15%!   It wasn't enough that they ROBBED the Greek people for $40 million to set up the IMF; OUR OWN FUND gobbles up from us every day with illegal rates. Therefore, we should demand that that $40 million we gave them be RETURNED to us along with the dividend earnings they got from this amount all these 70 χρόνια!


4. WE MUST DEMAND A CLEAR CANCELING OF OUR DEBT IN THE SAME WAY WE OURSELVES AS GREEKS CANCELLED OUT GERMANY'S DEBT!


On February 27,1953 German creditors with the US initiative gathered in London to settle the debt of Germany and, in particular, that of West Germany. The German debt (pre-war and post-war) amounted to 32 billion marks, without counting the war reparations and indemnities.  Creditors included countries such as the USA, Canada, France, Great Britain, Iran, Italy, Spain, Switzerland, Yugoslavia, South Africa and, of course, Greece.Russia and the Eastern European countries were not involved in the negotiations.

The negotiations lasted about six months and, on August 8, 1953, the London Agreement on German External Debts was signed which provided for a "haircut" of 60% for the Germans and repayment in their currency, the Mark, within a span of 30 years as was stipulatetd.An important stipulation was that repayment would occur as long as West Germany had a trade surplus and debt service would not exceed 3% of its revenue from export trade. On the Greek side of things, the agreement was signed by our Ambassador in London, Leo II. Melas, and was ratified by the Parliament with Law 3480/56 (Government Gazette 6 / 07.01.1956). The "haircut" of German debt, together with the Marshall Plan, helped decisively in the economic "take-off" of war-torn West German and helped her smoothly integrate into international institutions.  The debt repayment was easy for West Germany on account of its economic growth. The last installment was paid on October 3, 2010, when Greece was in the constellation of the first Memorandum. The "haircut" of the German debt in 1953 was used as an example of non-governmental organizations (ATTAC, etc.) for the remission of claims of indebted Third World countries. SYRIZA president and now Greek PM, Alexis Tsipras, during his visit to the European Parliament on the 27th of September 2012 had made mention to this in connection with the Greek debt.

The Prime Minister of our country must demand that all of the above be done on behalf of Greece. For these shall be acts for which this Greek government shall be liable to perform on behalf of the Greek people and their homeland. Responsible acts on the part of this Greek government does NOT include timidly backing down to the demand for remission of debt, nor reiterating that we will keep in full our obligations to lenders and, of course, agreeing with the demands of these blackmailing, Lombard lenders to continue this same barbarous policy.

If Mr. Tsipras, just as you yourself have said, our partners have laid traps for us, we then, logically, have every right to talk and act this way. Denounce the moneylenders and send them to the International Court of Justice.   Demand the rights for your own people and use as a precedent what Ioannis Metaxas did for the country during his era.

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In 1936 the Greek State (under the regime of the dictator Ioannis Metaxas), refused to service a loan that it took from the Belgian bank Societe Commerciale de Belgique.The government of Belgium had rushed to assist the Belgian Bank and appealed to the International Court of International Law was established by the League of Nations (forerunner to the UN).

In its appeal, the Belgian government accused Greece of being in breach of its international obligations.The Greek State (of the dictatorial Metaxas fascist government) responded with a memorandum in which it stated:

• "The Government of Greece, which is concerned for the vital interests of the Greek people and for the administration, economic life, state of health and the country's internal and external security, could not make any other choice. Any other government in its place would do the same."

(Yearbook of the International Law Commission, 1980,   Vol.  II, Part A., pgs. 25, 26)

The trial took place in 1938   and the legal representative of the Greek State (again, of the fascist government of Ioannis Metaxas), submitted a new written statement said:

•   "From time to time there can be an extraordinary situation that makes it impossible for governments to fulfill their obligations to creditors and to their peoples.The country's resources are insufficient to meet both requirements simultaneously. It is impossible for a government to pay a debt at the same time to provide for the people proper administration and the guaranteed conditions for moral, social and economic development. It must   choose between the two.And of course, the duty of the State to ensure the proper functioning of essential public services outweighs the payment of its debts. No state is required to fulfill, partially or totally, financial obligations, if it jeopardizes the operation of public services, and has resulted in the disruption of the administration of the country. If the repayment of the debt endangers the economic life and administration of the country, the government is obliged to suspend or reduce the service of the debt.

Based on these arguments, the International Court of the League of Nations International Law has already vindicated Greece.

But the most important thing is this: On this legal fact (Legal Arguments of court), President of Argentina, Nestor Kirchner, supported his arguments in order to erase most of the Public Debt of Argentina and to save the country from the clutches of the IMF.

We urge the Prime Minister to do his patriotic duty and, in no way, contribute to any further act of subordination to these forces in Europe as did his recent predecessors!  


Original article of Giannis Papazisis in Greek below:

http://indobserver.blogspot.gr/2015/03/blog-post_59.html

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