BREAKING: Greek Banks To Raid Deposits

Capture

What is happening in Greece is a hybrid of the hyperinflation of the Weimar Republic in 1924 (which was a prelude to Hitler) and the economy of the United States which preceded the Great Depression.  The relative calm here in the United States does not begin to demonstrate how dire the situation is in Greece. The world is changing.

For Greece, this new wrinkle has been telegraphed for weeks with Europe, Germany in particular, not willing to be held for ransom. The game of chicken that Greece has been playing has not turned out as they’d hoped. The bluff has been called and their is no more cards to play.

The wealthy and foreign depositors have been draining their assets out of Greece for the last two years and what remains is the real capital of what is left of the working and middle class.

As written about in the NY Times earlier today, the foundation of their economy (17%), tourism, is all but dead.  The Times put a happy face on a corpse because the repercussions of the bank’s coming raid of deposits will stall the rest of the economy and the rest of the world will not be able to absorb their losses.

Greek deposits are guaranteed up to €100,000, in line with EU banking directives, but the country’s deposit insurance fund amounts to only €3bn, which would not be enough to cover demand in case of a bank collapse. – FinancialTimes.com

This does not bode well for the United States because the Obama Administration has been playing with the numbers to make the average citizen believe that the economy is growing. It has not. Our unemployment has, in hard numbers, not budged since 2010 and the labor participation rate tells a tragic tale that too many people are willing to put off the job search while federal and state entitlements are easy to obtain.

Greek flag

Stay tuned, this is a prelude to significant changes in Europe and Asia, and we will be caught with no emergency fund and the proverbial refrigerator is broken.

Tsipras asks for 30% debt haircut, 20yr grace period

The only way to make Greek debt sustainable is to cut it by 30 percent and introduce a 20-year grace period, said PM Tsipras, as the landmark referendum on July 5 nears.

Debt crisis: Will Greece exit euro? LIVE UPDATES

Tsipras’ statement comes after the IMF said Thursday that Greece would need €10 billion over the next few months and an additional €50 billion in the next three years to pay the country’s arrears. Before making any repayments, Greece would need a 20-year grace period, making the last payment no earlier than 2055, the Fund said.

READ MORE: IMF says Greece needs third bailout of €60bn, debt relief

This gives a clear view that the parties have grounds to resume negotiations on the Greek bailout cut short by the referendum.

The report published Thursday was never shown to Greece in the five months of fruitless talks on the bailout, only after the negotiations had finally failed, said Tsipras.

Tsipras has also asked fellow Greeks to vote against austerity one more time.

“I urge you to say #OXI/NO to ultimatums, blackmail & fear. To say NO to being divided,” he posted on Twitter.

The question of leaving the eurozone will not be brought up on Sunday, according to Tsipras. The question is whether Greece is ready to continue the policy that is killing the country’s economy and cutting pensions, he added.

READ MORE: Enough austerity? Greece after 5 years of belt tightening

On July 5 the Greek people will have to decide whether to accept or reject the proposals submitted by the European Commission, the European Central Bank and the International Monetary Fund at a meeting of the Eurogroup of 25 June 2015.

On Wednesday, Greece defaulted on a €1.6 billion debt payment to the IMF that was due in June. Athens will have to make another major payment of €3.5 billion to the ECB on July, 20.

France Expelled 40 Radical Muslim Preachers Over Three-Year Crackdown

BY ERICA WENIG

France has deported 40 foreign imams over the past three years, the government announced just days after a deadly terror attack at an American-owned factory near Lyon.

Ten of the clerics were expelled after the Charlie Hebdo attack in January, Christian news site Aleteia reports. Gunmen stormed the offices of the French humor magazine in retaliation for the magazine printing Mohammed cartoons.

French Interior Minister Bernard Cazeneuve vowed to deport any foreign clerics preaching hatred. Authorities are investigating some mosques, and if found to be inciting terrorism, they will be closed, according to Cazeneuve. (RELATED: Charlie Hebdo’s Editor Doesn’t Want To Be Your Free Speech Hero)

“We cannot lose this war because it’s fundamentally a war of civilization,” French Prime Minister Manuel Valls told French television. “It’s our society, our civilization that we are defending.”

Yassin Salhi, 35, admitted to decapitating his boss at the factory. After pinning the severed head to a fence with two Islamic State flags, Salhi took a selfie with it and sent the picture to a contact, Agence France Presse reported.

It is unclear if Salhi was radicalized in a French mosque. He had been known to French officials since 2006 for ties with radical Islamists inside the country.

Leaders Of The World Would Like Us To Stop Calling The Islamic State ‘Islamic’ Please And Thank You

Screen Shot 2015-07-02 at 9.26.42 AM

I’ve been waiting for this day to come. In fact, I’m surprised it took so long. You know. Calling the Islamic State the Islamic State. Isn’t that kind of mean? To Muslims?

The rest of the world thinks so.

British Prime Minister David Cameron and over 100 MPs want everyone to reconsider the ways they describe the monstrous terror group, ISIS. Because Islamic? That’s just plain hurtful.

Why are you all so Islamophobic? Why?

World leaders are basically worried that the “peaceful” Muslims will get all offended and “recoil” if we continue to refer to the Islamic State as such.

They suggest using the word  “Daesh.” France does. And don’t we just so want to follow in their footsteps? (sarc)

Critics warn that referring to ‘Islamic State’ legitimises the group’s attempt to carve out parts of Iraq and Syria.

Oh! So they’re getting away with all of this beheading and raping and stoning and drowning and conquering because we’re referring to them as “Islamic State” militants? That somehow legitimizes them and therefore gives them magical super powers to conquer the Middle East? It has nothing to do with the fact that White House officials are more concerned with getting their rainbow light displays just right?

I had no idea it worked that way.

Mr Cameron, who uses ISIL, said in an interview on Radio 4 yesterday: ‘I wish the BBC would stop calling it Islamic State because it’s not an Islamic State; what it is – an appalling, barbarous regime,’ Mr Cameron said.

Ah, good ol’ BBC. (Not really. I kind of hate them. Mostly because my manatee of a liberal professor who hated my guts LIVED by it. I remember her telling us she’d only listen to BBC because all other networks were too lowly or something. Besides the New York Times, which she encouraged us all to read because the writing is “almost poetic.”)

“It is a perversion of the religion of Islam and many Muslims listening to this programme will recoil every time they hear the words ‘Islamic State.”

‘So-called’ or Isil is better,’ he added.

Good grief. Why is everyone too scared to recognize the Islamic State for what it is? They’re a bunch of barbarians who are actually following the teachings of Muhammad­. The raping children, hating/killing infidels­– it’s all in the Quran. It’s not a perversion, really. They’re just following the instructions of their holy book. (And I get that not all Muslims are like that, but at the same time, I don’t see a giant group of them coming against all of these barbaric actions. And even the ones who do condemn ISIS still refuse to condemn Sharia Law, which ISIS abides by pretty perfectly, I might add.)

The 120 MPs said: ‘The BBC has an opportunity to lead on this issue and call this organisation what it really is rather than allowing it to be linked with religion.

‘We hope that you will take up this issue and adopt Daesh as the official title for them.’

They argue that US Secretary of State John Kerry and the French foreign minister Laurent Fabius both use Daesh.

Well golly gee. If John Kerry is doing it, it MUST BE a good idea.

SNP Westminster leader Angus Robertson said: ‘The time has come in the English speaking world, to stop using Islamic State, ISIS or ISIL, and instead we and our media should use Daesh as the commonly-used phrase across the Middle East.’

But Mr Cameron replied: ‘I personally think that using the term ISIL or ‘so-called’ would be better than what they currently do.

Can you even wrap your head around this? World leaders are having this lengthy debate over the most appropriate name to call these animals. That’s what they’re worried about.

While ISIS is raping, killing and conquering, European morons are freaking out over what we call them, and American morons are marveling over the “cool” the rainbow lights shining on the White House.

We are so doomed.

EXCLUSIVE: A Compilation Of Islamic Terrorist Quotes… Every American Needs To See This

Screen Shot 2015-07-02 at 8.56.42 AM

BY DEAN JAMES

This is an excellent compilation of quotes from terrorists around the world. Aside from pursuing mass murder plots against innocent populations in every corner of the planet, Islamic terrorists have one other thing in common:

They credit their motivation and success to religion.

This distinguishes Islamic terrorism from mere criminal activity, and it is part of what makes Islam so very, very different from other religions.

Many people would prefer to bury their heads in the sand or look for ways to recast Islamic terror to fit their own political agenda, but the fact is that violent Muslims are quite explicit about the religious certainty that compels and justifies their actions.

The teachings and history of Islam that explain the violence are discussed elsewhere on this site. Here we just want to show that, as far as Islamic terrorists are concerned, their acts are done specifically in the name of Allah and for the cause of Islam and Islamic rule… across the globe.

~aosama

“I am one of the servants of Allah. We do our duty of fighting for the sake of the religion of Allah. It is also our duty to send a call to all the people of the world to enjoy this great light and to embrace Islam and experience the happiness in Islam. Our primary mission is nothing but the furthering of this religion.” – Osama bin Laden, May 1998

Afghanistan

“In the name of Allah the Avenger, I swear on the holy book to perform my sacred duty as a soldier of Islam in this Jihad to restore to this world the light of divine justice… Allah demands no less. For to die in the cause is to be sent immediately to paradise.”

A Taliban official, explaining why the group is violent.

Algeria

“But the coming Islamic caliphate country will not rise except at the hands of the fighting sect who raises the flag of Allah and Jihad.”

Statement from the Salafi terrorist group, one of several fundamentalist cells responsible for the slaughter of 150,000 men women and children in the 1990’s.

“Our Jihad consists of killing and dispersing all those who fight against Allah and his Prophet.”

“Throat-slitting and murder until the power is Allah’s!”

Both quotes from leaders of the Armed Islamic Group (GIA). The first spoken by Sid Ahmed Mourad, the second from Abdelkader Hattab.

Chechnya

“True resistance is helped by Allah the Supreme and the battles are for His just cause”
Abu Hafs, Mujahideen and one of the region’s most prolific killer
Egypt

“Allah is our objective, the Quran is our Constitution, the Prophet is our leader, Jihad is our way, and death for the sake of Allah is the highest of our aspirations.”
Credo of the Muslim Brotherhood, which has spawned attacks and numerous subsidiary terrorist organizations

India

“Democracy is among the menaces we inherited from an alien government. It is part of the system we are fighting against… It is not possible to work within a democracy and establish an Islamic system… If Allah gives us a chance, we will try to bring in the pure concept of an Islamic Caliphate.”

“The notion of the sovereignty of the people is anti-Islamic. Only Allah is sovereign.”

Hafiz Mohammad Saeed, the leader of the Lashkar-e-Toiba terrorist organization.

Yes! We – the terrorists of India – The Indian Mujahadeen, – the militia of Islam whose each and every Mujahid belongs to this very soil of India – have returned, to execute the compulsion of Allah:

“Fight them (the disbelievers), Allah will punish them by your hands and bring them to disgrace, and give you victory over them and He will heal the hearts of those who believe.” (Qur’an 9:14).

Here we begin … raising the illustrious banner of Jihad against the Hindus and all those who fight and resist us…

All Praise and Glory be to Allah, Who Alone Helps His slaves, Who Alone Fulfils His Promise, and Who Alone Defeats the enemy….

While hoping for the Help and Victory from Allah we declare that such and more severe attacks shall continue irrespective of what the blamers blame us for.

The hosts (of the Kafir) will all be routed and will turn and flee. [Qur’an 54: 45].

We ask Allah to forgive us and Have Mercy on us and Aid us to conquer the unbelievers and Guide us to raise His Word and degrade His enemies with His Will Alone.

And peace be upon His Messenger, and all those who follow the Guidance.

The Indian Mujahideen, claiming credit for a brutal series of bombings that left dozens of civilians dead and hundreds more in agony.

~aosama1

Iran

“Those who know nothing of Islam pretend that Islam counsels against war. Those who say this are witless. Islam says: ‘Kill all the unbelievers just as they would kill you all! Kill them, put them to the sword and scatter their armies.’”

The Ayatollah Khomeini

Indonesia

“Keep on fighting for the application of Islamic law. If this state and nation wants to become great, safe, and at peace then it has to return to Islam one hundred percent without bargaining. If not, then it will be destroyed.”

Abu Bakar Bashir, spiritual leader of the Indonesian Mujahideen

Iraq (Sunni)

“There is no doubt that Allah commanded us to strike the Kuffar (unbelievers), kill them, and fight them by all means necessary to achieve the goal. The servants of Allah, who perform Jihad to elevate the word (laws) of Allah, are permitted to use any and all means necessary to strike the active unbeliever combatants for the purpose of killing them, snatch their souls from their body, cleanse the earth from their abomination, and lift their trial and persecution of the servants of Allah.

The goal must be pursued even if the means to accomplish it affect both the intended active fighters and unintended passive ones such as women, children and any other passive category specified by our jurisprudence.”

Abu Musab al-Zarqawi, Sunni terrorist known for cutting captives’ throats

Iraq (Shia)

“My motivation is a sense of duty toward my religious faith to fight against any hostile enemy of Islam.”

Abu Deraa, Shitte terrorist known for drilling into captive’s heads

Iraq (al-Qaeda)

“We are defending Islam and its sanctity”

Woman training to be a suicide bomber

Israel

“The Islamic Resistance Movement: Islam is its way. It is from Islam that it derives its ideas, concepts, and perceptions concerning the universe, life, and man, and it refers to Islam’s judgment in all its actions. It is from Islam that it seeks direction so as to guide its
steps. “

The covenant of the bloody Hamas terrorist organization (Islamic Resistance Movement)

Jordan

“Terrorism is a badge of honor on our chests until Judgement Day. In the name of Allah, we’re pursuing the path of jihad until we uproot you; exterminate your state until the rule of the king vanishes. We follow the steps of the Prophet (Muhammad)… Allah is our Lord; you have none.”

Hassan al-Smeik, leader of the cell that plotted a chemical weapons attack intended to kill 80,000 Jordanians

Lebanon

“We are… linked to the Muslims of the whole world by the solid doctrinal and religious connection of Islam, whose message God wanted to be fulfilled by the Seal of the Prophets, i.e., Muhammad”

From the charter of the Hezbollah terrorist group, which has kidnapped, tortured and killed numerous non-Muslims.

The Netherlands

“What moved me to do what I did was purely my faith. I was motivated by the law that commands me to cut off the head of anyone who insults Allah and his Prophet.”

Mohammed Bouyeri, explaining in court why he stabbed Dutch filmmaker Theo Van Gogh to death. (Bouyeri was holding a Qur’an at the time).

Pakistan

“I will go back to wage jihad. I pray Allah fulfils my desire of embracing martyrdom next time,”

Hizbul Mujahideen cadre, when asked why he kills the Indian people

“With regard to Osama and Al-Zawahiri, I never met them, but I have the utmost love and respect for them, because of their enmity towards the Jews and the Christians. The Muslims must be harsh towards the infidels and compassionate among themselves. These two men reflect this Koranic verse… We place our trust in Allah. Soon, we will witness the miracles of Jihad.”

By’atullah Mahsoud, the Emir of the Pakistani Taliban

“Our whole struggle is for the enforcement of Sharia law”

Muslim Khan, Spokesperson for the Pakistani Taliban, responsible for hundreds of bombings, shootings and abductions.

The
Philippines

“We may be small in number, but we have plenty fighting with us–the angels and the hand of Allah. We dream of an entire Islamic world, and we will achieve it. Allah is with us.”

Abu Sayyaf terrorist group leader, Khadaffy Janjalani, responsible for church bombings and beheadings.

Saudi Arabia

“One of the greatest virtues in Islam is jihad for the sake of God. Ramadan is the month of jihad and battles, and most Muslim battles took place during the blessed month. This is your season, o people of jihad. Jihad during the fasting month of Ramadan has a great taste — for what better way to break your fast than to kill infidels and relish the sound of the weeping of the despicable tyrants and infidels.”

Saudi-based terrorist magazine, al-Jihad

Somalia

“And your brothers of the Mujahideen Movement are on their way, going forth in Jihad against the occupiers and disbelievers so that the word of Allah is the highest and there is no more Fitna on earth and the religion is solely for Allah.”

Deadly Somali terrorist group calling itself, Youth Islamic Movement

“Know that I am doing this martyrdom operation only for the sake of Allah and for his religion.”

A 21-year-old member of al-Shabaab and former British college student who murdered 20 Africans.
Spain

“Allah, may he be praised, said… ‘Kill them wherever you find them, and drive them out from where they have driven you out; for internal strife [Fitna] is worse than killing.’”

The Quranic verse quoted by the Abu Hafs Al-Masri Brigades in explaining the murder of 202 Madrid train commuters

Sudan

“To Fight and conquer. Death in the name of Allah.”

The unit logo of the Janjaweed militia, responsible for “cleansing” Darfur of African people along with the rape of thousands of women.

“Long live the Mujahideen”

Sudanese President, Omar al-Bahir, at a meeting of Janjaweed fighters.

“Jihad is a duty.”

The constitution of the Islamic Republic of Sudan

Syria

“Our hero [the suicide bomber] believed in Allah and died while fighting for Allah”

Islamic Jihad leader, Abu Ayman

Thailand

“….Martyrs, how glorious we will be if we fall as warriors of our land. When Martyrs are killed, they are not dead but alive next to Allah. They will watch and listen to every piece of news to see if their children will follow in their footsteps….”

Berjihad di Pattani, “calls for a holy war to liberate Pattani from ‘colonists’. It is liberal in employing metaphoric references and verses from the Quran. …a significant and clear articulation of the radical religious dimension of the conflict in south Thailand used within the context of Malay-Muslim resentment of the central government.

It engages in Takdir (the labeling of fellow Muslims as infidels) and makes direct calls for Martyrs to attack fellow Muslims perceived to be collaborating with the “occupation”, or the Jahili (people of the ignorance). It views the practice of religious obligations of these “hypocrite” Muslims as a disguise hiding hearts filled with fury and hatred against Islam…”

Turkey

“The Koran says: ‘fight them until evil disappears and all religion becomes Allah’s [religion].’ The suicide activists who blow themselves up are carrying out the Koran’s commandment.’”

Ali Osman Zor, Great East Islamic Raiders Front terrorist organization

United Kingdom

“Our religion is Islam – obedience to the one true God, Allah, and following the footsteps of the final prophet and messenger Muhammad… This is how our ethical stances are dictated. “

Mohammad Sidique Khan, London subway bomber, explaining his motives on a pre-recorded video tape.

“Know that, I did what I did for the pleasure of Allah alone.”

From the will of Bilal Abdulla, a Glasgow suicide bomber.

“We are doing this in order to gain the pleasure of our Lord and Allah loves us to die and kill in his path. Anyone who tries to deny this, then read the Koran and you will not be able to deny this because this is the words in the Koran and the words of our the messenger of Allah, prayers and peace upon him.”

“We love to die in the path of Allah… On top of this is to punish and to humiliate the Kuffar [non-believer]”

“Thank God Allah accepted my duas [prayers] yeah, and provided me a means to do this.”

From the farewell videos of those convicted in the plot to kill thousands of airline passengers over the Atlantic in 2006.

United States

“I did not act out of hatred for Americans, but love for Allah instead. I live only to serve Allah by obeying all of Allah’s commandments, of which I am aware by reading and learning the contents of the Koran.”

Mohammed Reza Taheri-Azar, explaining (in his words) “reasons for premeditating and attempting to murder citizens and residents of the United States of America.” He also quoted 141 verses from the Qur’an.

“We, Muslims, are content with God’s book, the Quran, to fight you with. God has granted us to fight… In God’s book, He ordered us to fight you everywhere we find you… We ask to be near to God, we fight you and destroy you and terrorize you. The Jihad in God’s cause is a great duty in our religion.”

The “9/11 Shura Council” – 9/11 planners held at Guantanamo Bay – in a March 2009 letter.

“I wasn’t insane or post traumatic nor was I forced to do this Act… [It was] justified according to Islamic Laws and the Islamic Religion. Jihad to fight those who wage war on Islam and Muslims.”

Abdulhakim Muhammad, explaining why he gunned down an unarmed soldier outside a recruiting station in Little Rock, Arkansas.

Uzbekistan

“We have declared a jihad to create a religious government in Uzbekistan”
Islamic Movement of Uzbekistan leader, Tahir Yuldeshev

Yemen

“In the name of Allah, the Most Gracious the Most Merciful… Praise is to Allah, the glory granter to Islam with His victory and the disgracer of the unbelief with his Might… and I bear witness that Muhammad is His slave and messenger who said:

‘I have been inspired between the hands of the hour until Allah alone is worshiped and my sustenance has been made under the shade of my spear, and disgrace and humiliation has been prescribed for the one who disobeys my command.’”

Al-Qaeda al-Jihad in Yemen taking credit for a brutal suicide attack and quoting the words of Muhammad to explain why.

September 11th Attacks

“We killed them outside their land, praise be to Allah. Today, we kill them in the midst of their own home.

O Allah, revive an entire nation by our deaths. O Allah, I sacrifice myself for your sake, accept me as a martyr. O Allah, I sacrifice myself for your sake, accept me as a martyr. O Allah, I sacrifice myself for your sake, accept me as a martyr.

To the Garden of Eden, our first house. We shall meet in the eternal Paradise with the prophets, honest people, martyrs and righteous people. They are the best of companions. Praise be to Allah. Allah’s peace, mercy and blessings be upon you. ”

Ahmad al-Haznawi, Flight 93 Hijacker
“Those 19 brothers who left us made efforts and offered their lives for the cause of Allah. Allah has favored them with this conquest, which we are enjoying now”

Ayman al-Zawahiri, al-Qaeda’s Number two, explaining the motives for the plot.

“Be cheerful, for you have only moments between you and your eternity, after which a happy and satisfying life begins…

“Remember: it is a raid for the sake of Allah. Recite the prayer. As you take the seat, recite the prayer. Mention Allah a lot. When the hijacking begins, “Shout Allah is great because this shout strikes terrors in the hearts of the infidels

“And the moment of death should be accompanied by the basic statement of belief recited by all Muslims at the call to prayer. Seconds before the target, your last words should be, ‘there is no god but Allah. Mohammed is his messenger!”

Written instructions to the hijackers.

“Allahu Akbar! Allahu Akbar! Allahu Akbar!”

Last words from the cockpit of Flight 93.

Our thanks to Vinienco.com

~BOHAMA

God Bless. Dean James III% AMERICA’S FREEDOM FIGHTERS 

Europe migrant crisis: 137,000 migrants enter Europe in first six months of 2015

Published on Jul 2, 2015

GENEVA, SWITZERLAND — The number of migrants fleeing war and persecution in their homelands for Europe reached a record high in the first six months of the year, according to UNHCR, the United Nation’s refugee agency.

In the first six months of the year to June, a total of 137,000 people arrived in Europe, an increase of 83 percent from 2014 when 75,000 people made the crossing.

Of the migrants arriving in Italy and Greece, one third of them were from Syria, with the next largest groups arriving from Afghanistan and Eritrea.

The international response to the migrant crisis has had a huge impact on the number of deaths, with drownings dropping from a peak of 1,308 in April to 68 in May and just 12 in June.

UNHCR also noted a change in the pattern of migration, with the numbers travelling from Turkey to Greece now overtaking those traveling to Italy from north Africa.