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Merkel warming up to the fact that Greece may have to be released from Euro prison

Many members of Merkel’s Christian Democratic bloc are now leaning towards the conclusion that the euro zone would be better off without Greece…something that Merkel has been opposed to from the very start of the Grexit saga.

Alex Christoforou

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Post originally appeared on Zerohedge.

In case you forgot, Greece is on the brink of insolvency and without an agreement with creditors in the very near future, will default on its obligations to either the IMF, the ECB, its own citizens, or all of the above. The most pressing concern is a €750 million payment due to the IMF on Tuesday, a payment Greek FinMin Yanis Varoufakis says Athens will make, although it doesn’t seem as though anyone has a clear idea about exactly where the money will come from.

The important headlines from last week included an apparent split between the IMF and the rest of the Troika on what constitutes an acceptable list of reforms, a report that Greek banks were being cut off from interbank trading, and news that Varoufakis had distributed a Greek recovery “blueprint” containing estimates and assumptions that bore little resemblance to figures presented by PM Tsipras and his reshuffled negotiating team.

Now, with less than 48 hours to go until three quarters of a billion euros comes due to the IMF, Greece faces marathon negotiations on Monday with eurozone FinMins including the incorrigible, hot-tempered Wolfgang Schaeuble who made a splash on Saturday when he suggested that Athens may default “by accident” if the government continues to vacillate.

Via FAZ (Google translated):

Federal Finance Minister Wolfgang Schäuble has warned of the possibility of surprising Greek default. “Experiences elsewhere in the world have shown that a country can suddenly slip into insolvency,” Schaeuble told the Frankfurter Allgemeine Sonntagszeitung (FAS). He wanted a date in his first newspaper interview since detailed months but not speculate.
When asked whether the government had made preparations for such an eventuality, he said: “There are issues that can not answer a sensible politician. Otherwise there will be misunderstandings. Jean Claude Juncker once said, one must not take it then sometimes the truth always as accurate. I see these things more complicated. Therefore I say to prefer nothing at all. “

And while Schaeuble indicated that if Greece left the euro it would not be “because of” Germany, Bloomberg is reporting that Chancellor Merkel’s own party bloc now supports a Greek exit. Here’s more:

Members of Merkel’s Christian Democratic bloc are openly challenging her stance of keeping Europe’s most-indebted country in the 19-nation currency region. Even some officials in the Finance Ministry are leaning toward the conclusion that the euro area would be better off without Greece, two people familiar with the matter said.

“The euro would be strengthened if Greece left,” Alexander Radwan, a Merkel-affiliated lawmaker who voted for granting Greece a temporary extension of its bailout in February, said in an interview. “The other countries could then move closer together and apply the rules more strictly.”

With European finance ministers due to resume talks on Greece on Monday, hardening sentiment in Germany risks sending mixed signals to investors as Prime Minister Alexis Tsipras’s government attempts to reach a deal with creditors.

Merkel has repeatedly voiced public support for keeping the country in the euro, partly for geopolitical reasons. Other officials in her government view Greece as a rule-breaker and a drag on the region’s economy, said the people, who asked not to be named discussing the deliberations.

Finance Minister Wolfgang Schaeuble, a prominent German advocate of European unity for decades, has given plenty of signs of exasperation with Greece since Tsipras and Finance Minister Yanis Varoufakis took office in January on an anti-austerity platform.

Clearly, any statement from the Eurogroup on Monday has the potential to move markets, but we would also note that the ECB last week reserved judgement on hiking haircuts on collateral pledged by Greek banks for ELA until after tomorrow’s meeting. So although there’s probably room to extend and pretend from a political perspective, any move by the ECB to tighten the screws on the Greek banking sector could cause the situation to deteriorate rapidly and indeed, if an ECB ELA decision that’s ostensibly designed to push negotiations forward inadvertently causes a bank run with negotiations still stalled, Schaeuble’s “accidental” insolvency may well become reality.

References:

http://www.zerohedge.com/news/2015-05-10/merkel-under-pressure-let-greece-go-default-risk-rises

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Trump Demands Tribute from NATO Vassals

The one thing that we should all understand, and which Trump perfectly and clearly understands, is that the members of NATO are a captive audience.

Strategic Culture Foundation

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Authored by Tim Kirby via The Strategic Culture Foundation:


Regardless of whether one loves or hates President Trump at least we can say that his presidency has a unique flavor and is full of surprises. Bush and Obama were horribly dull by comparison. Trump as a non-politician from the world of big (real estate) business and media has a different take on many issues including NATO.

Many, especially in Russia were hoping that “The Donald’s” campaign criticism of NATO would move towards finally putting an end to this anti-Russian alliance, which, after the fall of Communism really has no purpose, as any real traditional military threats to Europe have faded into history. However, Trump as President of the United States has to engage in the “realpolitik” of 21st century America and try to survive and since Trump seems rather willing to lie to get what he wants, who can really say which promises from his campaign were a shoot and which were a work.

So as it stands now Trump’s recent decision to maintain and build US/NATO bases across the world “and make country X pay for it” could mean anything from him trying to keep his campaign promises in some sort of skewed way, to an utter abandonment of them and submission to the swamp. Perhaps it could simply be his business instincts taking over in the face of “wasteful spending”. Making allies have to pay to have US/NATO forces on their territory is a massive policy shift that one could only predict coming from the unpredictable 45th President.

The one thing that we should all understand, and which Trump perfectly and clearly understands, is that the members of NATO (and other “allies”) are a captive audience, especially Germany, Japan and South Korea, which “coincidentally” are the first set of countries that will have to pay the “cost + 50%” to keep bases and US soldiers on their soil. Japan’s constitution, written primarily by American occupation forces forbids them from having a real military which is convenient for Trump’s plan. South Korea, although a very advanced and wealthy nation has no choice but to hide behind the US might because if it were to disappear overnight, then Gangnam would be filled with pictures of the Kim family within a few weeks.

In the past with regard to these three countries NATO has had to keep up the illusion of wanting to “help” them and work as “partners” for common defense as if nuclear and economic titan America needs countries like them to protect itself. Trump whether consciously or not is changing the dynamic of US/NATO occupation of these territories to be much more honest. His attitude seems to be that the US has the possibility to earn a lot of money from a worldwide mafia-style protection scam. Vassals have no choice but to pay the lord so Trump wants to drop the illusions and make the military industrial complex profitable again and God bless him for it. This level of honesty in politics is refreshing and it reflects the Orange Man’s pro-business and “America will never be a socialist country” attitude. It is blunt and ideologically consistent with his worldview.

On the other hand, one could look at this development as a possible move not to turn NATO into a profitable protection scam but as a means to covertly destroy it. Lies and illusion in politics are very important, people who believe they are free will not rebel even if they have no freedom whatsoever. If people are sure their local leaders are responsible for their nation they will blame them for its failings rather than any foreign influence that may actually be pulling the real strings.

Even if everyone in Germany, Japan and South Korea in their subconscious knows they are basically occupied by US forces it is much harder to take action, than if the “lord” directly demands yearly tribute. The fact that up to this point US maintains its bases on its own dime sure adds to the illusion of help and friendship. This illusion is strong enough for local politicians to just let the status quo slide on further and further into the future. Nothing is burning at their feet to make them act… having to pay cost + 50% could light that fire.

Forcing the locals to pay for these bases changes the dynamic in the subconscious and may force people’s brains to contemplate why after multiple-generations the former Axis nations still have to be occupied. Once occupation becomes expensive and uncomfortable, this drops the illusion of friendship and cooperation making said occupation much harder to maintain.

South Korea knows it needs the US to keep out the North but when being forced to pay for it this may push them towards developing the ability to actually defend themselves. Trump’s intellectual “honesty” in regards to NATO could very well plant the necessary intellectual seeds to not just change public opinion but make public action against US/NATO bases in foreign countries. Japan has had many protests over the years against US bases surging into the tens of thousands. This new open vassal status for the proud Japanese could be the straw to break the camel’s back.

Predicting the future is impossible. But it is clear that, changing the fundamental dynamic by which the US maintains foreign bases in a way that will make locals financially motivated to have them removed, shall significantly affect the operations of US forces outside the borders of the 50 States and make maintaining a global presence even more difficult, but perhaps this is exactly what the Orange Man wants or is just too blind to see.

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Tucker Carlson summarizes the Trump and Russian collusion saga [Video]

Tucker Carlson excoriates the slander against President Trump, but goes farther to call out the establishment elite in their crimes.

Seraphim Hanisch

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Speculation this week has been rather strong that Special Counsel Robert Mueller III is about to release his report concerning his investigation in to the allegation that Donald Trump and his campaign colluded with elements of the government of the Russian Federation to…?

What, exactly?

That is where things get a little unclear. The narrative line says to “influence the 2016 presidential elections”, or “to steal the election from Hillary Clinton” – but that is about as far as any official narrative line goes. This ambiguity, masquerading as clear language, has created a further belief among a very large number of Americans that what actually happened was that this collusion actually extended into some form of vote-tampering, and amazingly, a recent poll Tucker Carlson mentions in his video we offer here says that some 53% of Americans actually believe that somehow the election results were altered by the Russians.

The question Tucker Carlson leads his report with is, “did the President betray his country?” However, as one goes through the list of events, insinuations, fabrications, attacks and nonstop innuendo that has led the US and Russian relations to their worst point since the Cold War, for no specifically stated and verified reason, one wonders who is doing the betrayal.

Now, in one sense, America owes no allegiance to Russia. But Russia also owes no allegiance to America, and the idea that Russia should is part of this effort by the American establishment. That establishment seems to believe that all the world should owe allegiance to the United States, at least as shown by words and actions of the Americans vis-a-vie foreign policy matters. But the truth is much closer to President Trump’s own notion of a brotherhood of nation-states rather than hegemony. He stated this noble thought in his first UN address in 2017:

Being in a brotherhood relationship with Russia and China is apparently beyond the pale for the American political establishment, hence, the Russia collusion investigation and over two years of nonstop slander, ostensibly designed to keep this from happening.

This is one reason why the notion that Mr. Mueller will actually release a report now is being met with a lot of distrust. We have heard rumors from DC for probably well over one year that the “report was imminent”, but nothing ever came of it. Even this week, Vox reported that the Mueller office asked for an eleven-day filing deadline extension for some reason.

To be blatantly speculative, the likelihood is that the report is every bit of a non-event as the pro-Trump crowd believes it is. However, bringing a stop to the President’s hoped-for policy is something that must not happen. The chances are therefore that whatever is released (if anything) will also be somehow curiously coincidental with some very similar allegation coming from somewhere that shows that while Mueller didn’t find anything, someone else did… and then the full-on media blocking has a new basis for continuing its efforts to disrupt and even destroy the work of the current administration.

As a parenthetical side note, Tucker Carlson is known for excellence in reporting and following stories like this one. What is particularly striking in this video is the directness with which he calls out other examples of very bad policy and actions that resulted in zero punishment for the people who did it. In particular, he calls out the whole 2003 Iraq War noting that the narrative of “weapons of mass destruction” was similarly false, costing thousands of American lives (not to mention the hundreds of thousands that died in Iraq) and a trillion dollars wasted, yet the chief players in that event, such as John Bolton still hold important posts in US government today. The bitter truth is that there remains a strong “untouchability” in Washington, and there is nothing that is likely to change that except President Trump.

Perhaps that is the reason for the resistance to his presence there.

 

 

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New Zealand weapons ban dream move of leftist activists

The American left is sure to pick this up and start screaming for an “assault weapons ban” because this supports their agenda so well.

Seraphim Hanisch

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Reuters reported on Thursday, March 21 that the Prime Minister of New Zealand enacted a sweeping change, banning weapons of the type that were used in the massacre of at least fifty Muslims, who were gunned down on livestream while in Friday prayer services in Christchurch last week. We quote from the Reuters piece below, with added emphasis:

New Zealand will ban military-style semi-automatic and assault rifles under tough new gun laws following the killing of 50 people in its worst mass shooting, Prime Minister Jacinda Ardern said on Thursday.

In the immediate aftermath of last Friday’s shootings at two mosques in the city of Christchurch, Ardern labeled the attack as terrorism and said New Zealand’s gun laws would change.

“On 15 March our history changed forever. Now, our laws will too. We are announcing action today on behalf of all New Zealanders to strengthen our gun laws and make our country a safer place,” Ardern told a news conference.

“All semi-automatic weapons used during the terrorist attack on Friday 15 March will be banned.”

Ardern said she expected the new laws to be in place by April 11 and a buy-back scheme costing up to NZ$200 million ($138 million) would be established for banned weapons.

All military style semi-automatics (MSSA) and assault rifles would be banned, along with parts used to convert weapons into MSSAs and all high-capacity magazines.

Australia banned semi-automatic weapons and launched a gun buy-back after the Port Arthur massacre in 1996 in which 35 people were killed.

Ardern said that similar to Australia, the law would allow for strictly enforced exemptions for farmers for pest control and animal welfare.

“I strongly believe that the vast majority of legitimate gun owners in New Zealand will understand that these moves are in the national interest, and will take these changes in their stride.”

This is undoubtedly going to be real red meat (or perhaps real vegetables) for the anti-gun lobby in the United States. This is because New Zealand strongly resembled the US in terms of firearm rights and the penetration of numbers of guns in the populace of this remote island nation. Reuters continues, with statements that would probably surprise, even horrify some gun owners in the States, but which are doubtlessly useful for the application of pressure on such individuals:

New Zealand, a country of fewer than 5 million people, has an estimated 1.2-1.5 million firearms, about 13,500 of them MSSA-type weapons.

Most farmers own guns while hunting of deer, pigs and goats is popular. Gun clubs and shooting ranges dot the country.

That has created a powerful lobby that has thwarted previous attempts to tighten gun laws.

Federated Farmers, which represent thousands of farmers, said it supported the new laws.

“This will not be popular among some of our members but … we believe this is the only practicable solution,” a group spokesman, Miles Anderson, said in a statement.

The main opposition National Party, which draws strong support in rural areas, said it also supported the ban.

The changes exclude two general classes of firearms commonly used for hunting, pest control and stock management on farms.

“I have a military style weapon. But to be fair, I don’t really use it, I don’t really need it,” said Noel Womersley, who slaughters cpoliticalattle for small farmers around Christchurch.

“So I’m quite happy to hand mine over.”

To be absolutely fair, the attack on the mosques was an awful event, made the worse by the shooter’s deliberate attempts to politicize various aspects of what he was doing and what he “stood for” as an attack ostensibly against US President Donald Trump, some seven thousand miles away in the United States.

The immediate reaction of the people interviewed, some among them related or friends with the victims of the massacre, was to embrace the weapons reform laws:

Nada Tawfeek, who buried her father-in-law killed in the attacks, Hussein Moustafa, on Thursday, welcomed the ban.

“It’s a great reaction. I think other countries need to learn from her [Prime Minister Jacinda Ardern],” Tawfeek said.

Mohammed Faqih, a member of the Islamic clergy who flew in from California and attended the funerals for some victims on Thursday, said he was “extremely grateful” for the gun ban.

“I wish our leaders in the States would follow on her footsteps and do the same thing,” he said.

One can expect there to be quite the outcry among American liberals about gun control, especially if anything remotely resembling this event takes place or is thwarted in coming days in the US.

It may seem very cold and cruel to focus on the political angle of this story rather than the human tragedy that it is. However, in this situation we have seen signs that the most vile form of human tragedy has actually taken place – the murder of dozens of innocent people for a mere political point. Indeed this thought has been noted and vilified already, as Mr. R.X. Dentith, writing for the New Zealand website Spinoff here quoted:

American paleo-conservative Rush Limbaugh was one of the first to note: “There’s an ongoing theory that the shooter himself may, in fact, be a leftist who writes the manifesto and then goes out and performs the deed purposely to smear his political enemies, knowing he’s going to get shot in the process. You know you just can’t – you can’t immediately discount this. The left is this insane, they are this crazy. And then if that’s exactly what the guy is trying to do then he’s hit a home run, because right there on Fox News: ‘Shooter is an admitted white nationalist who hates immigrants.’”

…[P]eople like Limbaugh… can’t stomach the idea the terrorist action in Otautahi might be motivated by the kind of rhetoric Limbaugh helps disseminate – tend to think there is a culture war going on, and they are on the losing side.

This war has many names, and the enemy is easily identified: it is the battle against Cultural Marxism; the fight against Toxic Feminism; the resistance to Identity Politics; and the fear of the Great Replacement, the thesis at the heart of the terrorist’s own manifesto.

The Great Replacement thesis posits that the majority white European countries are being “invaded” by non-white, non-European peoples. Not just that, but due to declining birth rates in the West, this “invasion” constitutes a wholesale replacement of the white population over time.

Mr. Dentith tries further to knock down this notion of the Great Replacement. However, he misses a much more basic point.

Someone who goes and takes human lives and broadcasts them for any reason is not a mere political operative. The person who does this is a very sick, deranged human being indeed. Evil is certainly appropriately used here.

However, evil is often quite cunning, and despite the intellectual arguments about the reality or non-reality of any particular manifesto statement, in this case, the killer played the media with infernal intelligence, and they took the bait. It is possible that Prime Minister Ardern also took the bait, in this most awful of bad situations, and to give her credit, she took swift actions to try to “correct” what was wrong.

But the problem here was not the type of weapons used. The problem is the fact that they were used by a person who thought these fifty people’s lives were worth nothing more than a bit of policy change. One of the worst examples of human evil in recent times, this incident shouts to the world that there is a problem, but the problem remains unsolved, even though many people will hand over their firearms out of a genuine wish for compassion to those lost and the hope that somehow this action will prevent a future incident.

But the logic of this emotional reaction is nil. And what is worse is that the American Left knows this, but does not care. The movers and shakers of liberalism will likely milk the actions of sincerely horrified New Zealanders for all they are worth to try at affecting change in American constitutional rights.

And the innocent dead will not rest in peace, because the real problem has not even been examined.

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