'Desperate Greece smashed by austerity hammer'

Who, Ausin Powers?

Greece smashed by THEFT of BILLIONS from their treasury by the global elite few.

Check this out. . .

Morgan Stanley Is Having A Worse Week Than JPMorgan, Here's Why

5/16/2012 @ 4:01PM

JPMorgan Chase isn’t the only firm on the Street having a tough week. Morgan Stanley is having a worse one in terms of its stock performance.

Since Monday shares of Morgan Stanley have dropped 9.3%. Today Morgan shares fell 4.3% to close at $13.54–a level not seen since November. JPM shares have sunk over 3.4% since Monday following news last week that it lost $2 billion on a trade gone bad.

So what’s behind the drop at Morgan Stanley ? Bank analyst Dick Bove says it’s all about Greece. “It is definitely Europe. The belief is that the failure of Greece will bring down much of Europe and the hedges Morgan Stanley put in place will not work,” he says.

At the end of March, Morgan Stanley’s net exposure to troubled Euro nations (Greece, Ireland, Italy, Portugal and Spain) was $2.4 billion. It’s exposure before hedges was $4 billion.

cont'd:

[link to www.forbes.com]

Is it just me or does the guy on the right look like Austin Powers?

Austin said "catting the red tape-A"

Does Greece have a miltary to get them out of debt!

The governments are losing grip... you can only suppress mass conscious for so long before it erupts.

John Travolta can save them.

That, plus too much of the population at the government teat. 35 hour work weeks, government waste, retirement in your 50's, an over abundance of government employees...it was inevitable. This is socialism folks. Look at it. See what the end results are.

That happens when the government funded lifestyle comes to an end.

He was just another socialist just like obama with spread the wealth mentality as a solution for Greece and other Euro countries fiscal irresponsibility claiming that the solution is to move money from the pockets of rich Germans to poorer Europeans.

So..... as "Austin Powers" says....paraphrased....


1) Lack of a functioning solid economy means no ability to service the debt.

2) Unless Germany "eats it" (the debt...by austerity) for all of Europe.....kiss the EU BUH BYE.

3) Portugal and Spain will be next to fall.

4) Socialist policy will make it MUCH worse.
Deficit spending (money they don't have) will create the domino effect.



YouTube link for those who can't view Flash.
[link to www.youtube.com]

Last Edited by Useless Cookie Eater on 05/16/2012 09:23 PM

Yeah Baby!

Yep.
Good for USA dollar in the short term....and long term if Romney wins in November.
People will look for a "safe" place to put their money and US markets will become more appealing when Obama is gone.


Meanwhile...for the next 6 months......



Last Edited by Useless Cookie Eater on 05/16/2012 09:32 PM

It's gonna be an interesting Summer.

Ha, I didn't even see your response when I said I thought he looks like Austin Powers. He makes the RT announcer horny, baby.

I think we are watching a historical event unfold.


Usually I'd say these are exciting times but there is going to be a lot of pain associated with this event.

i read one article in which one town has more than 3 hundred people receiving blindness disability check from gov , but only 30 were really blind and the rest was driving taxi cab or doing some kind of work.... one gov official who was going to eliminate those checks got egged by the fake blind people...

this shows the power of entitlement

this also shows what happens to socialism when you run out of someone else's money

Yep.
This is for the world history books...as will be the USA political outcome.
One day they will write about how America made a choice in 2012 as well.

:eastlight:

I think when it's said and done, this will be very positive.

as opposed to our fantastic system of 70 hour workweeks, retirement in your 70's if your lucky....shitty healthcare and a vacation if you are lucky.

I'm no socialist but I'm not blind to the situation here-it sucks

Yeah !

Punish the People for the Bankers Greed !!!

Seems Fair !!!



....wheres my ammo can....???

EVERYTHING could be better, EVERYWHERE

Hot diggety doom, the end is nigh.

not exactly. It could have worked if the big banks hadn't set up direvitive deals to purposely send these countrys into debt so to take them over. And guess what. The debt is owed to the big banks or one big bank. So take a wild guess who set up the deals to put these countrys into debt..

Actually it isn't really about the greed or the banksters stealing all the money. Its about putting countrys into debt with very bad deals that the banksters bought off politicans set up. Which purposely put alot of countrys into debt and eventually total slavery to the banksters