Early Retirement Blog

As soon as the Dow dropped 1,000 points in 15 minutes last week, the financial headlines were written, screaming “Greek Debt Fears Cause U.S. Stock Market Crash.”   A few hours later, Greece was temporarily forgiven, when the mysterious “machines” got blamed.

Two days later, the financial press is back to blaming Greece for a slumping U.S. stock market, and warning their readers of the dangers   a Greek debt contagion could have on the U.S. economy.

What is going on?   Why is the financial press so obsessed with Greece? Greece’s economy is the size of Ohio’s, if Greece implodes, the impact on the world economy will be very small.

The reason why the U.S. financial press is so busy pumping out Greek Debt Fear articles, is because the financial press and the mainstream media, are owned and controlled by Wall Street.   And the Wall Street banksters are afraid that they will be forced into restructuring unknown billions of dollars of debt they loan sharked to European countries.

In a previous article I wrote a few weeks ago, titled “Your Big Fat Greek Retirement” (which got passed around internally at Goldman Sachs, Hi Goldman Sachs, yes I do look at my web stats), I exposed how Goldman Sachs used the New York Times to blame Greek workers for the Greek debt crisis.

Now, a few weeks later, Wall Street is once again using the U.S. media to try and scare Americans in an attempt to force European workers into giving up their retirements, health care, education, and economic freedom, to pay back their fraudulent loans.   An article today by the Associated Press titled “Fears intensify about Greek Crisis’ impact on U.S.”   lays it all out.

The AP article warns that the Greek Debt Crisis could affect the U.S. economy.   “There is some negative effect on the U.S. economy, no doubt,” said Michael Mussa, senior fellow at the Peterson Institute for International Economics.

Still, Mussa said the impact in Europe will likely be greater. While Greece’s economy isn’t that large, many major European banks hold billions of dollars of its debt. Should Greece default on or restructure its debt, which many economists expect, those banks — still recovering from the 2008-2009 financial crisis — may cut back lending to conserve cash.”

For those of you not familiar with the Peterson Institute for International Economics, it is an organization funded by Pete Peterson, a Wall Street billionaire “investor” who is hell bent on robbing your retirement.   I’ll expose that evil bastard in a future article, but now back to Greece and Wall Street, and how it affects you.

What the AP article conveniently leaves out, is that Greece may owe European banks billions of dollars, but it also owes Goldman Sachs billions of dollars as well.    And Goldman Sachs is hell bent on getting paid in full, for the fraudulent loans it made to a previous conservative Greek government.   Loans made by Goldman Sachs so that Greece could hide it’s debt and enter the European Union.

Goldman Sachs and a previous Greek government were engaged in accounting fraud.   And now, Greek workers are being forced to give up their wages, retirements, and other benefits, so that Goldman Sachs can get paid back in full.   Their is no Greek debt crisis, however, their is a massive Wall Street investment banking fraud crisis.   The AP article title says it all, “Fears intensify…   Wall Street wants you to be afraid, when in reality, it is Wall Street who is living in fear.

If Greece defaults, or restructures their fraudulent debt, Goldman Sachs and Wall Street will lose billions of dollars.   And, it may encourage other European countries, Spain, Portugal, Italy, and others who also owe Wall Street billions of dollars, to restructure their onerous debt.

How determined is Goldman Sachs in getting their fraudulent Greek loans paid back in full?   Besides having their financial media whores write bogus articles to scare you, Wall Street has been engaged, as Max Keiser likes to call it,   in “financial terrorism” against Europe.   For the past few months, Wall Street has been driving down the value of the Euro, to force reluctant European countries into bailing out Greece and Goldman Sachs.

In the past couple of days, German, French, and Spanish parliaments, with their economies being held hostage by Wall Street,   passed the Greek, I mean Goldman Sachs bailout.   And, guess what my fellow Americans? So did you, except you didn’t get to vote, when $8 billion of U.S. taxpayer money via the IMF went to bailout Goldman Sachs via Greece.

It’s the same shell game that was played with the infamous AIG bailout. Where Goldman Sachs got paid in full, by U.S. taxpayers, when their specious derivatives insured by AIG blew up and the U.S. government bailed out AIG.

The reason why the U.S. financial and mainstream media were so quick to blame Greece for the U.S. Stock market crash, is because they have been deeply engaged in a Wall Street sponsored propaganda and mis-information campaign against Greece and Europe.   Their knee-jerk reaction in blaming Greece for the U.S. stock market plunge exposes their journalistic fraud.

Why should you, the American people, care about the U.S.   financial and mainstream media being used by Wall Street to go after Greece?   Because the U.S. financial and mainstream media is also being used by Wall Street to go after your retirement.   Ah ha!

What is happening in Greece is coming to America – in fact it’s already started.   There have been many, and will continue to be even more articles written by the U.S.   financial and mainstream media, which will argue that you need to give up your retirement to pay down the debt and deficits that threatens the U.S. economy.   Guess who’s behind those articles?   Ding, ding, that’s right, Wall Street!

Wake-up America and stop reading and viewing the U.S. financial and mainstream media, which is nothing more than a modern day Trojan Horse, for Wall Street and Goldman Sachs.

Also Read:
Retirement Propaganda to Keep You Working
Please Do Not Retire
Wall Street Wage Slaves