Most Popular
1. Banking Crisis is Stocks Bull Market Buying Opportunity - Nadeem_Walayat
2.The Crypto Signal for the Precious Metals Market - P_Radomski_CFA
3. One Possible Outcome to a New World Order - Raymond_Matison
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
5. Apple AAPL Stock Trend and Earnings Analysis - Nadeem_Walayat
6.AI, Stocks, and Gold Stocks – Connected After All - P_Radomski_CFA
7.Stock Market CHEAT SHEET - - Nadeem_Walayat
8.US Debt Ceiling Crisis Smoke and Mirrors Circus - Nadeem_Walayat
9.Silver Price May Explode - Avi_Gilburt
10.More US Banks Could Collapse -- A Lot More- EWI
Last 7 days
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24
Stock Market Breadth - 24th Mar 24
Stock Market Margin Debt Indicator - 24th Mar 24
It’s Easy to Scream Stocks Bubble! - 24th Mar 24
Stocks: What to Make of All This Insider Selling- 24th Mar 24
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care - 24th Mar 24
Get an Edge in the Crypto Market with Order Flow - 24th Mar 24
US Presidential Election Cycle and Recessions - 18th Mar 24
US Recession Already Happened in 2022! - 18th Mar 24
AI can now remember everything you say - 18th Mar 24
Bitcoin Crypto Mania 2024 - MicroStrategy MSTR Blow off Top! - 14th Mar 24
Bitcoin Gravy Train Trend Forecast 2024 - 11th Mar 24
Gold and the Long-Term Inflation Cycle - 11th Mar 24
Fed’s Next Intertest Rate Move might not align with popular consensus - 11th Mar 24
Two Reasons The Fed Manipulates Interest Rates - 11th Mar 24
US Dollar Trend 2024 - 9th Mar 2024
The Bond Trade and Interest Rates - 9th Mar 2024
Investors Don’t Believe the Gold Rally, Still Prefer General Stocks - 9th Mar 2024
Paper Gold Vs. Real Gold: It's Important to Know the Difference - 9th Mar 2024
Stocks: What This "Record Extreme" Indicator May Be Signaling - 9th Mar 2024
My 3 Favorite Trade Setups - Elliott Wave Course - 9th Mar 2024
Bitcoin Crypto Bubble Mania! - 4th Mar 2024
US Interest Rates - When WIll the Fed Pivot - 1st Mar 2024
S&P Stock Market Real Earnings Yield - 29th Feb 2024
US Unemployment is a Fake Statistic - 29th Feb 2024
U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - 29th Feb 2024
What a Breakdown in Silver Mining Stocks! What an Opportunity! - 29th Feb 2024
Why AI will Soon become SA - Synthetic Intelligence - The Machine Learning Megatrend - 29th Feb 2024
Keep Calm and Carry on Buying Quantum AI Tech Stocks - 19th Feb 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

A True Greek Tragedy - Odyssey of the EU

Politics / Global Debt Crisis Nov 07, 2011 - 06:19 AM GMT

By: BATR

Politics

Best Financial Markets Analysis ArticleThe cradle of democracy is under attack. The Inherent Autonomy of the human spirit is at stake. What was won at the Battle of Thermopylae, was lost in the banksters board rooms that control the EU. The fluidity of this definitive game of chicken, poses the beheading of the rooster and the scorching of all the hens. This journey into Land of the Lotus Eaters, not only needs to blind Polyphemus, but must destroy his New World Order father, Poseidon. The designed destruction of democratic authority is meant to eliminate any referendum on the EU despotism. The phony debt instruments caused the Greek default, that will soon spread the planetary misery, on the rest of us. Western civilization’s birth, owes homage to the Greek principle of individual autonomy. Its demise is a product of the inherent betrayal of humanity by the forces of financial exploitation, that exemplifies 1 Timothy 6:10, For the love of money is a root of all kinds of evils.


Prime Minister George Papandreou’s gambit calling for a Greek referendum on the draconian EU extortion is proof positive that state sovereignty is dead. It failed because the EU cabal would not allow self-determination. Servicing the debt is the supreme dictate. The analogy of the arrogant and obnoxious Antinous wooing Penelope as a right of entitlement, applies. The righteous outrage of Odysseus’ arrow shot through the throat of all the EU suitors, also applies. Today’s script does not fit the noble triumphs of Homer’s epic. The banksters are more powerful than the intervention of Athena.

How quickly the defiant Greeks were put back in line. The video Greece To Let The People Vote On EU Bailout turned into Greek Government Teeters, Lawmakers Urge PM to Resign.

The Globe and Mail reports, Greece backs off referendum, dealing blow to euro-zone equality,

"In an effort to avoid a financial catastrophe, Europe’s leaders persuaded Athens late Thursday to back away from a referendum, but the result, which involved threats to expel Greece from the euro zone, has destroyed any sense of democratic solidarity uniting them."

"This is obviously a decision the Greeks have to make," French President Nicolas Sarkozy said, "but I think the strong preference of everybody around the G20 table would be for progress to be made toward the package the European Union put together last week," rather than a referendum. "I think that’s a strong preference."

In one rare spark of insight, the progressive statist proponent Robert Reich actually asks the proper question, Greece’s Choice — and Ours: Democracy or Finance?

"Shouldn’t Greek citizens make this decision for themselves?

Of course, if Greek defaults on its loans, global investors (fearing that a default in Greece sets a dangerous precedent) may yank their money out of Italy. This would almost certainly bust several big European banks – and generate panic on Wall Street. That’s why Tim Geithner has been pressing Europe to bail out Greece."

Patrick Henningsen writes in the article, Another military coup in Greece – can you blame them?

"If the government is in danger of collapse, then Greece could be looking at a genuine military coup d’etat.

This theory has gained credence since Athens announced a wild reshuffle, sacking its military leaders in every branch of the forces on Tuesday. The defense ministry confirmed that Greece’s state Security Council replaced the heads of the general staff, the army, navy and air force, and discharged a score of army and navy officers."

Alas, the gallant crew of Odysseus are all dead at the hands of a vindictive Poseidon. The EU cannot tolerate adventurism and needs to make kings into beggars.

The EU Cyclops not only wants to devour the Greeks, but also wants to imprison the next generation for future meals. The central banksters act like the six-headed monster Scylla. They seek perpetual serfdom and a burden akin to Sisyphus pushing his boulder up the eternal hill. Welcome to the realm where the suffering of Tantalus, eternally punished with hunger and thirst, surrounded by water and tempted by grapes, is now commonplace for the Hellenian slaves. The plight and trials of Odysseus become universal under the global gulag of debt created tyranny. The rule of compound interest is the ultimate peril from the gang of suitors that court the hand of Penelope, not for partnership bliss, but for control. Doom them to the bowels of Hades. All Greeks are now Ithacans.

The neutralization effort for a popular vote and a plan for a caretaker government, demonstrates the financial muscle of the shadow gangsters that run the EU experiment. Yet, this last minute stopgap measure, is but a temporary band-aid on a terminate patient.

Press TV viewpoint and the video on the Greek PM wins vote of confidence, is revealing.

Papandreou gave an address to parliament for more than half an hour, saying that "immediate elections will be catastrophic," but he would be prepared to negotiate a power-sharing settlement, the state-run BBC reported.

Papandreou said the economic bailout deal for Greece currently on offer by the European Union had to be accepted, and it would be "historically irresponsible" to lose it, though he is "past caring about his power and post."

Greg Hunter of USA Watchdog forecasts, "You cannot tell millions of Greeks there will be a vote on a massive debt deal and then say just kidding, not going to happen. You can’t put that genie back in the bottle. I predict there will be a vote by the Greek people one way or another. It will be a nice, neat nationwide referendum or protests in the streets."

Michael Hudson provides a forceful analysis in a Democracy Now video, Wall Street v. Greece: G20 Opens as Greek PM Pushes For Referendum on EU Bailout Plan. Contrast this liberal interpretation with Mad Max Keiser’s outburst calling a talking head - toady for the globalists. "Sounds like a Nazi collaborator defending a rapist", in Greece run by financial terrorists defined the nature of the combat. Both share the same viewpoint that a forced Greek austerity only benefits the banksters.

Wheeling raw power has seldom been so clear. When Hank Paulsen threaten the U.S. Congress with martial law or approve the TARP theft, he wanted a mere $700 billion bailout. The stakes are raised; Greece must surrender the entire country to the master of the real and only true global empire. As the mass media spins the bleb of populist democratic clout, as a horrific thought, the vultures swarm for the pickings of the choicest Greek islands.

Euripides’ style of Greek Tragedy, as the interpreter of this type of divine comedy, best reflects the psychopathic impulses within the EU charade. The play Bacchae has the god Dionysus, the personification of the liberating spirit of wine and revelry, responds to doubters of his divinity. He claims that he has "driven the women of Thebes mad and sent them to the hills around the city, where they wear the animal skins of bacchants, priestesses of Dionysus, carry the ivy-entwined thyrsus (a symbol of his worship), and dance and sing hymns of praise to the new god."

To worship Dionysus, the Chorus sings, followers need only to crown themselves with ivy, wear deer skins lined with goat hair, carry the branches of oak and fir trees, delight in the bounty of the vine, and make ritual animal sacrifices. If they do, the land will overflow with natural beauty and riches—fawns and goats, wine and honey.

Contrary to the characterization that the Greeks are lazy, need to suck it up, institute higher taxes, start embracing thrift, restraint and frugality; the central banksters are the true dispensers of greed and drunken lust of power. The four horsemen of the Acropolis hangs over all of the EU, not because of Greek defiance, but because they will not yield to the armies of the financiers.

In the article, EU Bonds Rollover Debt with a Chinese Bailout, published on September 18, 2011 predicted, "Greece is the Sarajevo in the start of the next currency world war. A containable matter ready to snowball into a full-scale mobilization of competing factions, poses the unwinding of world markets." Now you see this confrontation erupting into open warfare, not through a face off from phalanx corps, but in the struggle to prevent the collapse of the global debt created fiat currency model.

Learn the lesson that Euripides taught in Bacchae. Pentheus, the king of Thebes, stands as a symbol in the play for all those who opposed the cult of Dionysus and denied the erratic, emotional, uninhibited longings within all human beings. The criminal banking institutions that want to exemplify Dionysus’ god like supremacy, needs to be defeated. In ancient times, a Pentheus or an Odysseus could wield the sword and destroy the beasts. Today, only the strength of a united world body of individual citizens, exercising civil disobedience, can bring down the evil banking system.

Those corrupt uninhibited longings exist in all of us, because of our fallen nature. However, the globalists have weaved a system of universal slavery based upon their manipulation of money. They can be defeated. Have the courage of a Greek hero and take control of your own destiny. This tragedy is an existential test. Appreciate the absurdity of compliance with the New World Order, and apply comic relief, to those who follow commends of the EU Poseidon ship of state.

SARTRE

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2011 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in