MUST WATCH VIDEO – Harvard Professor Says Greece Should Not Pay Penny Back to Banksters!

Our must watch video today features Professor of International Affairs and Political Science at Harvard University, Nikolaos A. Stavrou who predicts that Greece’s “democracy” will be postponed for at least a year so as not to influence next year’s US federal elections. He says Greece is the “first experiment” for the expansionist designs of the euro and claims that the small majority in the West (meaning the US and Europe) has massed most of the world’s wealth and turned average citizens into taxpayers and governments into police forces so as to safeguard the wealth and power of elitists.

For instance, he says, when Barak Obama gained office American citizens expected that he would bring the “change” which was the motto of his presidential campaign, “but what we noticed instead,” says this Harvard Professor, is that “Wall Street Banks made more money during two and half years since Obama was appointed to the Presidency. They have doubled their earnings when compared to  the eight year period that George Bush Junior was in power… this is not called change”.

He notes that societies are in constant threat of a monarchy style system which is being formed by banksters and which is being enforced by national governments.

The reporter then asks him if he believes Greece is in a volatile position where it can easily be struck (by foreign interests) and Stavrou said indeed, since Greece is in the eye of the hurricane and the crisis is expected to become worse so long as it keeps hoping that the EU will save it. “Greece should of defaulted one year ago, I have written and spoken about this on numerous occasions. Greece does not owe a penny to its member states (especially) France and Germany. Greece owes money to banksters. Banks invested in Greek bonds, and are obligated to take the same risks as we here in the US do when we invest at the New York Stock Exchange.”

He then slams credit rating agencies Standard Poors, Fitch and Moody’s which he describes as nothing more than an extension of the banking system.

This video is a MUST WATCH. We here at hellasfrappe highly recommend that all our viewers watch it because for months now we have been supporting the theory that this whole debt crisis was nothing more than a fabricated farce for some Wall Street banksters to fatten up their wallets.

 The Road to a National Crisis
 The following text is a paper written by  Nikolaos A. Stavrou
Click here for Original Text in PDF

Despite the approval of a “help package”, Greece has entered a dangerous and pre-meditated deconstruction era. Not being an economist, I shall refrain from any discussion of the mechanics of its current predicament and will outright dismiss any pretensions of international concerns for the wellbeing of the Greek nation; there is none. On the contrary, the evidence suggests that for two decades Greece has been in the crossfire of regional and global forces, bent on re-arranging the Balkan borders and the strategic environment in a volatile region. I have repeatedly written about the deep nostalgia among financial scoundrels and descendants of the Ottoman- era financiers for the pre-1912 Balkan map. In that context, Greece is seen as a country where “disaster capitalism” can be applied by means short of war, with the ultimate goal of simultaneously redefining Europe and the Middle East.
In my opinion, the schemes of the 1990s have culminated in today’s perfect storm. Greece is facing national bankruptcy, urban ghetto—ization, potential ethnic fragmentation, prolonged foreign intervention, social turmoil, and eventual re- gentrification by roaming financial scoundrels, swimming in twelve trillion dollars they stole from the American treasury. The “made in American” swindlers are eagerly searching for investment bargains. If they do not find any they can always create some with the help of European bankers who bet on failures or by the manipulation of currencies, derivatives, risks, uncertainty, and similar dumbfounding concepts.

The case of Greece is indeed unique. It involves more than deceitful way of marginalize the country and may very well be a test case on how the Euro-zone can be deconstructed and the good old days of unlimited speculation on national currencies by Hedge Fund managers and mega-banks be restored. In the case of Greece, the circle has been squared: financiers cause a problem by maximizing risks, inept governments seek “expert advice” from the same culprits to deal with it, and seek advice usually from the same culprits that have caused the problems; when the advise proves faulty the “advisors” collect their fees and make room for the IMF and Hedge Fund managers. In its search for liars to cook its books, Greece has chosen the best in the profession: Goldman Sachs.

Once a course of insolvency is set in motion, the ground is set for major powers to add their strategic package on the shoulders of a pre-selected target, such as Greece. Let us remember that a “stress test” of the strength of the Greek financial sector was carried out in the mid-nineties. The Soros assault then on the Drachma concluded that it was too strong for a frontal assault. However the run on the national currency was “weathered” then but the country’s weaknesses were also exposed. Soros and company knew there would be a “next time”. The next time was predictable but predictions often end up as cries in the wilderness when policy-makers confuse images and reality.

Ample evidence suggests that the Balkans were at the core of geostrategic transformation prior, during and after the collapse of the Eastern bloc. The current Greek situation can be interpreted as the maturation of “grand schemes” concocted in the 1990s. These schemes were ignored or missed altogether by Greek policy makers and intellectual puppies who work hard to demolish national sovereignty and replace it with laws of global corporation. Let me now enumerated what was missed and what is to come, if trends follow the course:

When the U.S. changed administration in 1991 the “migratory birds” of academia of the Democratic variety flocked to Washington gleefully shouting “I have an answer, please ask me a question.” They were eager to remake the global system and the world by “developing” a new grand strategy that will assure their eternal fame. Among the first migrants was Joseph Nye of Harvard who settled in the Pentagon when the egg “soft power” was laid and incubated. It was instantly swallowed by avand garde, Washington tuned Greek elites who soon found the magic formula for the solution of all Greek national issues: soft power and Davos type gatherings with threatening neighbors was the all purpose approach. As an alternative, 2
that was never taken seriously, Greece would routinely threaten to veto any future applicants to NATO and EU.

In 1990–92, “experts” in major think tanks, among them the Brookings Institution, “predicted” (I would say, encouraged) the dissolution of Yugoslavia as a test case “in the devolution of power” to regions and sub-regions in the, still in existence, Soviet Union. But in the case of Yugoslavia war was chosen instead of “soft power” for another reason: it was there where NATO changed its doctrine from a Defense to a “peace –making” alliance. John Varvitsiotes signed off in the change at the Rome gathering of defense Ministers apparently oblivious to its implications.

In 1993, Samuel Huntington presented his grand strategy in his essay the “Clash of Civilizations?” (Foreign Affairs, Summer 1993) in which he defined Greece as an “anomaly” in western organizations. In 1995 he went a step further by recommending the expulsion of Greece from NATO and the European Union. In his view, “Greece is an anomaly, the Orthodox outsider in western organizations…… [and] has difficulty adapting itself to the principles and mores of both.”(The Clash of Civilizations and the Remaking of World Order, pp: 162-63).

The “theoretician” of the modern day flat earth society and author of The Balkan Ghosts, Robert Kaplan, jumped on the Huntington bandwagon by declaring Greece a part of the Middle East! Writing for the New Republic (2 Agust, 1993) Kaplan used his geography scalpel to cede the Balkans where they belonged prior to 1912 “… the Balkans region”, he declared, “except for the cold war era—is the Middle East.” Eager to coax the Clinton administration to bomb the Serbs, he urged force in the Balkans to send a message to the other part of Middle East. “A policy of weakness in one part of the Middle East will make it harder to wring concessions out of people in another (ibid). Simultaneously, U.S. officials extolled ethnic “diversity” as it existed when Greeks were a minority in Thessaloniki prior to 1912.
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Fast forward to the current crisis. In a major essay (New York Times, 25 April 2010), Kaplan returns to the Huntington theme: i. e Greece is an anomaly in the European Union. “There is a deeper cause for the Greek crisis that no one dares mention because it implies an acceptance of fate: geography”, Kaplan writes. In other words, Greece does not belong to the Euro zone. But pushing Greece out of Europe presupposes a different role for Turkey.
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Graham Fuller of the Rand Corporation provided a model and Paul Kennedy of Yale refined it in his “Pivotal States.” Both recommended demolition of Kemalism and secularism, fusion of nationalism and Islam, and re-building the Turkish-Arab connection. This would allow Ankara to play a “pivotal role” beyond its borders, stretching from the Persian Gulf to Sarajevo, instead of “being the tail end of Europe,” Fuller opined. In this model, ominously dubbed “Near East Concept”, Greece is, again, seen as “an anomaly” because of its membership in the EU. It sits right in the middle of the “Balkan sector” of Near East, as Kaplan would have it. It complicates the revival of Ottomanism, an era when Sultans were riding herd over Arabs.
The above is a short, very short discussion of the strategic environment to which the current crisis of Greece is added. Elaborating of the future implications is beyond the scope of this easy. Nevertheless, I will add my opinion about the immediate impact of the presence in Greece of INF—the bulldozer that has leveled national wealth globally and transferred it to financial oligarchs under the pretext of efficiency.
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The core of Greece “soft power” – the banking system– and its regional projection has all but been eliminated as factor of influence in its immediate region.
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The energy sector as well as publicly owned entities could end up on the bidding bloc for the lowest offer—pretty much like the Gdansk Ship Yards. 4

Finally, the entire country could be converted /or treated as a piece of “real state” available for sale, again to the lowest bidder, with the prospect of planting ready-made gated foreign communities into the national fold In this area, development, while investment and gentrification will go hand in hand. The prospects outlined here will exacerbate social turmoil in ghettoized urban centers. In a vicious circle, turmoil will be used as evidence of “instability” that affects the credit worthiness of the country, therefore prolonging foreign supervision. I wish and pray to be proven wrong.

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