subject: The Average Greek and His Last Hope [print this page] The Average Greek and His Last Hope The Average Greek and His Last Hope
The Greek citizen now plays his last card, betting his confidence, hope and remaining fortitude of trust that the government is on the right track; not that he truly believes Greece will be able to pay its debts, but at least to try to 'change'.
Once again the Greek citizen hopes the government has a realistic plan ( knowing full well that it will require many sacrifices ) guaranteeing the creation of a state without corruption, a working health system, that is 'European' with a modernized educational system, a steadily growing strong economy, providing professional safety, and is axiocratic. His dream is that a government will have respect for its citizens, will not ignore them, nor humiliate them, but ensure and protect the weak and vulnerable groups to guarantee a future that is constantly better than yesterday.
While the Greek citizen bets everything on the current government that Government bets everything on the troika. Troika? It is an established team of bankers at the IMF and the ECB, who are interested in serving the interests of banks and major economic forces and a group of EU states where the right to decide have only two major states; Germany and France; these two countries, however to be interested in their own interests alone.
It may not be common knowledge, but the ECB is a private bank with shareholders; by definition the shareholders of individual European central banks, which are also private and not state-owned banks with their legal obligation to serve the interests of their shareholders. A look at the list of those shares are (and they are not hidden) located in the individual central banks of Europe, and reveal some of the largest banks and investment companies in the world, as well as mutual funds and investors infamous for their speculative games.
Take for example the Bank of Greece, and as all central banks are private and that until the second half of 2010 one of the largest shareholders were the Black Rock UK, a subsidiary of the largest investment company in the world; which obviously were interested for its own and not to Greek interests. One of the (obvious) present major shareholders is the Dimensional Fund Advisors, the American investment company in which shareholders, among others, is Myron Schools, the Jewish Nobel economist who caused a mini-crash when his international investment firm collapses in 1998 recording a loss of 4.6 billion dollars.
Coincidentally, the same company is a major shareholder of Ireland's Allied Irish Bank, the bank is at the heart of the Irish crisis, and their misuse of funds will be charged to the poor Irish people through the use of the country of the European 'support 'mechanism.
Furthermore, as another major shareholder of Allied Irish Bank (well known to Greeks from the recent crisis) is Norges Bank Investment Management, a company which just happens to be the largest investor in the ASE, (Athens stock exchange) while at the same time, a major shareholder in ratings companies.
Even more intriguing, The Allied Irish Banks and National Bank of Greece belong to one of the most famous clubs banks, 'Inter - Alpha' which was created in 1971 and continues to exist until today (the information say initiator and creator of the club was the Rothschild family but the evidence is not sufficient for absolute confirmation). I could go on and enlisting information on how the private central banks, the IMF and creditors are linked together in a powerful network that aims to serve its own interests and not, of course, as the Greek romantic wants to believe the Greek government.
I never believed in conspiracy theories but I believe in the self interest theory and history is full of such. The European Union was created in order to serve the common interest of the participant states until the crisis emerged.
Just so it is mentioned, the European crisis and the support mechanism is not an accidental event. Between 2010 and 2013 5 trillion bonds are due to be issued, and the banks must find the money to repay them; something that appears not to be the case today. Coming up In 2011 most of the bonds in Ireland Portugal Spain and Italy are due and if not repaid they are networked into US - French -German banking system as well as their entire economic environment.
And our poor Greek citizen? He simply puts his last hope forward, unfortunately having no idea where his and her hopes are headed.