Wednesday, July 1, 2015

"What If Berlin And Frankfurt Do Not Budge" - How Varoufakis Saw The "Worst Case Scenario"

"What If Berlin And Frankfurt Do Not Budge" - How Varoufakis Saw The "Worst Case Scenario"

Submitted by Tyler Durden on 07/01/2015 12:55 -0400

Central Banks Creditors default Eurozone Fund Flows Greece Reality

Over a year ago, and long before he became the mascot for fraught negotiations between Greece and its creditors, Yanis Varoufakis penned a lengthy essay on what might happen should the Greek government decide to stand firm in the face of pressure from Brussels, Frankfurt, and Berlin.

Earlier today we learned that in fact, Greece will stick to its negotiating position even in default and will remain defiant to the end, or at least until the voters who swept PM Tsipras and Varoufakis into office indicate at the ballot box that concedeing the Syriza campaign mandate is an acceptable outcome. With the government urging Greeks to vote "no", the Tsipras and Varoufakis' gambit will be put to the test next week, or perhaps even as early as this afternoon when the ECB could decide to effectively bring the Greek banking sector to its knees.

In this context, we bring you Yanis Varoufakis' vision of the endgame, straight from the embattled FinMin himself:

That Greece has the right and the opportunity to deploy these bargaining cards there is no doubt. The important question is this: What if Berlin and Frankfurt do not budge? What if they tell Athens to ‘go jump of the tallest cliff’? The Greek government currently claims that it has a budget surplus. While I strongly doubt this claim, I suspect that a small primary surplus can be concocted through some additional cost cutting and a leximin squeeze of top public sector incomes downwards (without affecting the lowest incomes, pensions and benefits). That should suffice to allow the Athens government to meet its needs during any medium term standoff with Berlin and Frankfurt, as the Greek state will need no financing either from the official sector or from the money markets. In short, the answer to a German “Go jump” can be: “We shall not jump but we shall stay rock solid within the Eurozone and behind our demand for a debt conference. Just watch us.”

Berlin and Frankfurt will, undoubtedly, be furious. They will issue a variety of threats, including the suspension of structural fund flows from Brussels. But the real battleground will be the banks. As they did with Cyprus, where they threatened the government with an immediate suspension of the island nation’s ELA, so too in the case of Greece they will threaten to pull the plug on the Greek banks. Two points need to be made here. First, the Greek banks no longer hold any Greek government debt, which means that their collateral with the European System of Central Banks cannot be downgraded legally. Secondly, Frankfurt will have to think twice before it issues the threat of bending its own rules to close down Greek banks – since doing this would threaten to engulf the whole of the Periphery’s banking system into another cascading panic.

Confronted with such a reality, I have good cause to hope that Berlin will prefer to accommodate the Greek government and to look with a great deal more ‘kindness’ the ‘request’ for a debt relief conference. And if it does not, and wishes to bring the Eurozone down with it, let it do its worst, I say. 
With Brussels and especially Berlin having now run fresh out of "accommodation", we shall see shortly if the ECB intends to "pull the plug."

Updated: Problem/Reaction/Solution
Off-world proxy rule by Qing Dynasty Royals

Dr Henry Todd. Nationality: Ostensibly UK, Cover occupation: Everest Tour Guide,
real occupation architecting and coordinating the international banking systems
and maintains its continuity of control through various politically contrived
iterations (phoenix-ing) of the  banking system into a new entities, while maintaining
the same earth-based proxy controllers, the Chinese Qing Dynasty Royals, who in turn
work for a larger FINANCE system complex off world. Dr Todd is very old, nobody is
quite sure how old, yet he still climbs Everest...

[7/1/15, 9:52:39 AM] HeatherAnnTucciJarraf I: From Oliver Troll:  Probl React Solution - BRICS/AIIB/SDR 2010 voting Quota - IMF and the US left to dry??

Heather:  Left to dry?

 Honey, who do You think has the long term foresight, determination and cunning???   Who "infiltrated" ALL Corporations of US, and "International" regulatory Corps, I.e. UN and it's subsidiaries, I.e. World bank, IMF, Feds, BIS, etc., and Europe, ALL WAYS, to "coordinate" the failures from within while simultaneously purchasing controlling interest of the SWIFT, UCC, and every bank on the planet????

 ....and purported creator of a purported "alternative", I.e. BRICS, AIIB, etc???

All roads led to China, not Rome....

and even then, China was only the last planetary hub to a much vaster, complex and cunning "cosmic parent system"

...thanks to the Beings such as Henry Todd, aka Dr. Todd, and whatever other names he goes by in the "Cosmic Parent System"... (primary architect of China's proxy rule via US Corp and Fed system and the primary architect of BRICS, AIIB, etc intended Phoenix...that they now realize will never "rise" )

whose last efforts were neutralized on Mt Everest with his team that consisted of various militaries, specifically china and Russia, and Googles head of Privacy...which died while Henry only came home with a broken thumb...

...matters did not go as they expected, similar to White Mountain* (dec 2014)

...all is being made visible NOW

[7/1/15, 9:54:51 AM] HeatherAnnTucciJarraf I: ENOUGH.

[7/1/15, 9:55:30 AM] HeatherAnnTucciJarraf I: IN PURE LOVE AND GRATITUDE:  GAME OVER.
[7/1/15, 9:55:46 AM] HeatherAnnTucciJarraf I:

[7/1/15, 10:00:30 AM] HeatherAnnTucciJarraf I: Now You BE AWARE of a few of my doings over "past 9 months"

[7/1/15, 10:02:50 AM] HeatherAnnTucciJarraf I: ....with ALL I AM...I read every thing You all post in here...I AM PRESENT...and mostly in silence as I AM DOING is every One in this room ;) (kiss)

[7/1/15, 10:04:34 AM] HeatherAnnTucciJarraf I: I Love You and express profound Gratitude for every One BEING AND DOING.



Banker rituals on mountains is no longer allowed

* White Mountain = Mt Blanc in French = Mt Bianco in Italian.  
Prior to each re-Phoenix of the financial slavery system (last reset took place the during the Clinton administration in 1996) bankers perform rituals on the highest peaks of the planet.  To force the energy of slavery deep in to the planet.

The mountains of choice were Mt Blanc in the French/Italian Alps, Mt Everest in Nepal, The Atlas of Morocco and scattered others around the world... Gaia is no longer accepting that negative energy being forced deep inside her.  The recent earthquake in Nepal demonstrated Gaia's response and it happened while the bankers were on that peak.  

Charlie Chaplin's Comedic Prophecy...

This is a prescient speech from the movie the Great Dictator by Charlie Chaplin... and its prophetic of this moment we are approaching NOW... could anything be more dictatorial (and a faceless dictator committee known as the EU Troika) that Greece now faces?

From Wikipedia:

According to Jürgen Trimborn's biography of Nazi propaganda film-maker Leni Riefenstahl, both Chaplin and French film-maker René Clair viewed Riefenstahl's Triumph of the Will together at a showing at the New York Museum of Modern Art. Film maker Luis Buñuel reports that Clair was horrified by the power of the film, crying out that this should never be shown or the West was lost. Chaplin, on the other hand, laughed uproariously at the film. He used it to inspire many elements of The Great Dictator, and by repeatedly viewing this film, Chaplin could closely mimic Hitler's mannerisms.

Trimborn suggests that Chaplin decided to proceed with making The Great Dictator after viewing Riefenstahl's film. Hynkel's major speech near the end of the film, delivered in German-sounding gibberish, is a caricature of Hitler's oratory style, which Chaplin also studied carefully in newsreels.

The film was directed by Chaplin (with his half-brother Wheeler Dryden as assistant director), and written and produced by Chaplin. The film was shot largely at the Charlie Chaplin Studios and other locations around Los Angeles. The elaborate World War I scenes were filmed in Laurel Canyon. Chaplin and Meredith Willson composed the music. Filming began in September 1939 (coincidentally soon after Germany invaded Poland, triggering World War II) and finished six months later.

Chaplin wanted to address the escalating violence and repression of Jews by the Nazis throughout the late 1930s, the magnitude of which was conveyed to him personally by his European Jewish friends and fellow artists. The Third Reich's repressive nature and militarist tendencies were well-known at the time. Ernst Lubitsch's 1942 To Be or Not To Be dealt with similar themes, and also used a mistaken-identity Hitler figure. But Chaplin later said that he would not have made the film had he known of the true extent of the Nazis' crimes. After the horror of the Holocaust became known, filmmakers struggled for nearly 20 years to find the right angle and tone to satirize the era.

In the period when Hitler and his Nazi Party rose to prominence, Chaplin was becoming internationally popular. He was mobbed by fans on a 1931 trip to Berlin, which annoyed the Nazis. Resenting his style of comedy, they published a book titled The Jews Are Looking at You (1934), describing the comedian as "a disgusting Jewish acrobat" (although Chaplin was not Jewish). Ivor Montagu, a close friend of Chaplin, relates that he sent the comedian a copy of the book and always believed that Chaplin decided to retaliate with making Dictator.

In the 1930s cartoonists and comedians often built on Hitler and Chaplin having similar mustaches. Chaplin also capitalized on this resemblance in order to give his Little Tramp character a "reprieve".

Charlie Chaplin's son Charles Jr. describes that his father was haunted by the backgrounds shared by him and Hitler. He writes,
Their destinies were poles apart. One was to make millions weep, while the other was to set the whole world laughing. Dad could never think of Hitler without a shudder, half of horror, half of fascination. "Just think", he would say uneasily, "he's the madman, I’m the comic. But it could have been the other way around."
Chaplin prepared the story throughout 1938 and 1939, and began filming in September 1939, one week after the beginning of World War II. He finished filming almost six months later. The 2002 TV documentary on the making of the film, The Tramp and the Dictator, presented newly discovered footage of the film production (shot by Chaplin's elder half-brother Sydney) which showed Chaplin's initial attempts at the film's ending, filmed before the fall of France.

According to The Tramp and the Dictator, Chaplin arranged to send the film to Hitler, and an eyewitness confirmed he saw it. Hitler's architect and friend Albert Speer denied that the leader had ever seen it. Hitler's response to the film is not recorded, but another account tells that he viewed the film twice.

Some of the signs in the shop windows of the ghetto in the film are written in Esperanto, a language which Hitler condemned as a Jewish plot to internationalize and destroy German culture, perhaps because its founder was a Polish Jew.

Below is a musical version the same speech by Melody Sheep:

From riches to ruins: Ancient Greeks 'stored millions in cash' in Parthenon attic
From riches to ruins: Ancient Greeks 'stored millions in cash' in Parthenon attic

Published time: July 01, 2015 13:30 Get short URL
Parthenon, Athens (Image from, Athens (Image from

While Greece has become the first developed nation to default on its international obligations, archaeologists believe they have discovered the place where ancient Greeks may have once kept millions in silver and gold.

A team of researchers managed to recreate the attic inside one of the world's greatest cultural monuments in Athens. Although historical records do not reveal where exactly the coins were stored on the ancient landmark, the Acropolis of Athens, researchers believe that the Greeks kept their coin wealth in the Parthenon's attic. It has long been destroyed, but according to the researchers its floor would have been the size of a swimming pool, 19 meters wide by 50 meters long and about 3 meters high at the center, Live Science reported. During the period when the building was dedicated to the goddess Athena, the Parthenon was used primarily as a treasury.

"The attic of the Parthenon is the only suitable space large enough to hold all of the coins in the treasury," study researcher Spencer Pope, a professor at McMaster University in Hamilton, Canada, told Live Science. "While we cannot rule out the possibility that coins were distributed across numerous buildings, we should recall that the attic is the most secure space."

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