Euro-Greek Ponzi Scheme Update

Breaking News: Euro-Greek Ponzi Scheme Update

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Euro-Greek Ponzi Scheme Update
by Tom Heneghan, International Intelligence Expert
Monday April 2, 2012

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The Slog

EUROZONE DEBT: TWO MORE UXBs YOU WON'T FIND IN THE UK & US MSM.

Greece has no money to pay international law creditors, and the Bundesbank is owed 550 billion euros by debtor banks

From Germany's Deutsche Mittelstands Nachrichten this morning came the news that investors with Greek government bonds issued under international law continue their refusal to take a cut in debt.

The Slog has already posted about the Venizelos Mob raiding University and Hospital bank accounts to pay off the English Law creditors with contracts that were watertight on the 'money now please' thing. Generalised international law is different, but only slightly so: Greece wants them to sacrifice most of their demands, but the remaining investors are rejecting any form debt restructuring.

This impasse was announced by the Greek debt agency yesterday (a Sunday – fancy that) and it seems the amount at stake totals three billion euros. In the past week, the Greek government has tried to agree a rescheduling of the first 539mn euros, but the negotiations failed, following which Athens made it clear that it had no further funds available with which to repay the debt.

This isn't default, it's insolvency. In the commercial sphere, Greece would now be subject to a simple winding up order and refused the right to trade further. But even in the rarified alternative universe of sovereign debt, payment default on the bonds under international law will trigger the usual massively leveraged obligations and derivatives.(Needless to say, it's the Hedgies that are remaining immovable – as I predicted some weeks ago).

But Germany itself is also in a difficult place on the banking front. I've post extensively (and intensively) on the subject of Target 2 at the ECB being used to dump debt onto creditor banks, and the Central Bank, in the eurozone. Now we have some clear accountancy via a website of which I've been hitherto unaware, but to which I shall be returning – called Sober Look. Apt name to have in the current climate.

Sober Look confirms that the German Bundesbank is replete with unwanted assets – bank accounting being such as to pretend that radioactive isotopes are things that your kids could happily play with. As a result of Draghi's LTRO scam, the junk resting within the remit of Jens Weidmann was a cool 50 billion euros higher in February 2012 versus January. At the start of 2009, 50 billion euros was the total owed to the Bundesbank by other eurobanks.

No wonder Jens decided last week that enough was enough. No wonder Jean-Claude Trichet is very happy to be reitred and forgotten.

Very big thank yous to Sloggers Stevie and Viking Jack for alerting The Slog to this.

http://hat4uk.wordpress.com/2012/04/02/eurozone-debt-two-more-uxbs-you-wont-find-in-the-uk-us-msm/
International Intelligence Expert, Tom Heneghan, has hundreds of highly credible sources inside American and European Intelligence Agencies and INTERPOL--reporting what is REALLY going on behind the scenes of the corporate-controlled mainstream media cover up propaganda of on-going massive deceptions and illusions.

http://www.myspace.com/tom_heneghan_intel/blog/545531693

To think that life exists only on Earth is the ultimate pessimism

Mike Adams, the Health Ranger, NaturalNews Editor

April 1, 2012

(NaturalNews) My article published yesterday about 56 billion "habitable" planets in the Milky Way galaxy touched a nerve with a few people on Facebook (http://www.naturalnews.com/035420_human_beings_invasive_species_intel...). They apparently believe that, yes, there is a Creator who created our universe, and yes, that intelligence created 200 - 400 billion stars in the Milky Way galaxy alone (not to mention all the other galaxies), but then for some bizarre reason God only created life on ONE planet! Earth!

It is truly astonishing that there are still people living on this planet who hold such a limited, flat-Earth view of reality. If there's anything we've learned about Mother Nature, it's that life is everywhere -- even in places you wouldn't expect it such as frozen ice or boiling-hot ocean vents.

If Earth is the only planet in the universe upon which life exists, what would be the point of creating billions of galaxies, each with billions of planets? Are these all just to serve as interesting dots in the sky, all to amuse just one single "chosen" race of intelligent beings known as humankind? Nonsense!

Many intelligent races no doubt think they are the center of the universe, too

Interestingly, however, this is probably a common phenomenon among all the races of intelligent beings across our galaxy who look to the sky and think to themselves, "WE must be the only ones here!" There is an anthropocentric tendency among all living creatures, I submit, because each consciousness only experiences the universe from their own individuated point of view. Here on Earth, we joke that teenagers think they are the center of the universe; but the real joke is that much of our adult population quite literally still believes the exact same thing.

I am glad that the vast majority of NaturalNews readers are intelligent, informed, open-minded and have a "big picture" view of reality. They actually appreciate these discussions of the greater universe, consciousness, and the acknowledgement that Mother Nature has left her mark not merely on this one water planet we call Earth, but almost certainly throughout the entire galaxy wherever life may be sustained (and that's a LOT of places).

I cannot imagine living with the belief that the great expanse of the entire universe is dead and lifeless. That sounds not just spiritually empty but physically impossible. How can life NOT start on other water planets when the seeds of life (DNA, amino acids, water, minerals and more) are being flung across the universe in every instant thanks to meteorites and comets slamming into planets? Earth is currently made of pieces of Mars, and Mars, in turn, is made from pieces of Earth.

Pieces of Earth right now reside on the Moon, and every molecule of water that now exists on our planet was brought here from some other planet or comet! Our home is, in a very real sense, a collage of elements, metals, liquids and the seeds of life gathered here from (literally) across the galaxy, warmed by the sun, "blessed" into a life-supporting habitat through the miracle of nuclear fusion.

Even the stuff you are made of -- carbon atoms, water, lipids -- is composed of elements created in the transmutational explosions of dying stars. "We're made of star stuff," the physicist Carl Sagan once said, and he was right. But what the physicists are still missing, of course, is the element of consciousness across the universe. Because a mass of star stuff alone just equals a pile of rock and metals; but humans clearly have consciousness as an added element in the recipe. (And so do all life forms across the universe, by the way, including animals and plants.)

To think that life exists only on Earth is the ultimate pessimism. 
It is, in essence, to believe we are already living in Hell.

In the end, I suppose the belief that Earth is the only planet in the entire universe with intelligent life comes from a self-delusional belief that "We alone are special." Well of course we're special. And so are all the other living, conscious beings that share our universe. We're all special! The fact that this universe even supports life is, itself, a fantastic anomaly. Do you realize that if the laws of physics were tweaked ever so slightly, stars would not be able to use hydrogen as nuclear fuel? No fuel means no suns. No suns equals no habitable planets. Total darkness and death.

And yet, that is not THIS universe! This universe is alive, it is abundant, it is diverse and huge beyond imagination. We are but one intelligent species among billions. Not only are we not alone, but the very idea that we could possibly BE alone is incomprehensible.
http://www.naturalnews.com/z035429_intelligent_life_universe_planets.html