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Joe Weisenthal: GREECE – There Are New Emergency Bailout Talks That Could Spell The End Of National Sovereignty!

A protester holds a banner in front of the Greek Parliament during a peaceful rally attended by thousands on Wednesday against painful austerity measures. Source: http://www.telegraph.co.uk/

“In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority. National sovereignty wasn’t such a great idea after all.”
Strobe Talbot, President Clinton’s Deputy Secretary of
State, as quoted in Time, July 20th, 1992.

  • The Illuminists are conquering Europe and America via fraudulent finance. They want to steal all the precious assets of the nations and keep it in their private hands. They are deliberately destroying national sovereignties to build their fascist superstate: a Luciferian 10 horn beast EU.

    GREECE: There Are New Emergency Bailout Talks That Could Spell The End Of  National Sovereignty
    by Joe Weisenthal , http://www.businessinsider.com/
    Big news on the Greece front: In order for the country to get future bailout  money, the country will have to give up some sovereignty. Specifically, according to a bombshell FT  report, outside authorities will take over various functions related to tax  collection (a big time problem in Athens) and privatizations.

    None of this is certain yet. It’s just what’s on the table, and no doubt  politicians in the country will flip out. But every attempt to cut the deficit has failed so far, and the powers that  be in Europe (EU, ECB, IMF) are adamantly opposed to any kind of debt  restructuring that would trigger a credit event, and imperil European banks.

    Meanwhile, there were already huge  protests in Athens on Sunday. Things are moving fast. Meanwhile, for a look at what does happen if Greece defaults, see  John Mauldin on the subject.

    Update: Reuters  has more details of fresh, emergency talks happening right now. A new package  could be worth 65 billion from the EU and the IMF.

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May 31, 2011 - Posted by | Economics, GeoPolitics | , , , , , , , , , ,

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