Greece

Media Monarchy joins Jack Blood for a jingoistic June to talk about shooters, fakers and super flag freakouts + '

Para gliders are flying over the stunning emerald sea. Summer hordes are descending on a Greek island of Kos from all corners of increasingly aggressive European Union. On the faces of visitors, there seems to be no regret, no shame, that Europe just raped and humiliated Greece, forcing its government to cancel democracy, instead succumbing to dictate of the mighty Germany and other dictatorial powers.

The Greek government was thus broken Mafia-style at the knees, until it was forced to abandon its national sovereignty and watch its public treasures sold off piece by piece. Suspicious minds might infer that this was a calculated plot designed from the beginning to throw Greece’s prized assets onto the auction block, a hostile takeover and asset stripping for the benefit of those well-heeled entities in a position to purchase them, including the very banks, hedge funds and speculators instrumental in driving up Greek debt and destroying the economy.

[audio mp3="http://www.corbettreport.com/mp3/2015-06-26%20James%20Evan%20Pilato.mp3"][/audio]This week on the New World Next Week: Israelis arrested in JPMorgan hacking case as gov tries to implicate Russia; royal Nazi past comes out in leaked video; and the Greeks circumvent the euro with barter.

My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.
— The Godfather (1972)

In May, voters grasped Spanish political orthodoxy and shook it like a rag doll:

The anti-austerity party Podemos claimed its biggest victory in Barcelona, where activist Ada Colau seized control of the city hall. Podemos and Ciudadanos… made advances across the country that will give them a chance to shape policy for the first time.

Longtime critic of the Eurozone's destructive commitment to austerity, Italian comedian-turned-political activist Beppe Grillo has launched what one news outlet called a "full-throated attack" on the single currency, saying his country should throw off that "anti-democratic straitjacket" by nationalizing its banks and taking a stronger stance against the demands of elite financial interests.

For Greece, leaving the EU may be perilous; but it opens provocative possibilities. The government could nationalize its insolvent banks along with its central bank, and start generating the credit the country desperately needs to get back on its feet. If it chose, it could do this while still using the euro, just as Ecuador uses the US dollar without being part of the US.
The post Grexit or Jubilee? How Greek Debt Can Be Annulled appeared first on BSNEWS.

The Greek people’s efforts to end the economic depression, recover their sovereignty and reverse the regressive socio-economic policies, which have drastically reduced living standards, have been thrice denied.