lowrentyieldmakessense(honest!) Posted February 12, 2010 Share Posted February 12, 2010 be prepared for barter transactions to escape the system link Greece is NWO Test Ground, Says Greek ReaderFebruary 11, 2010 "All men of power here, get their power from plundering the Greek people, or having connections with those that do it." I am 26 years old and live in Greece. I am writing this letter in order to let you know about a new law in Greece announced yesterday. The financial minister of Greece announced yesterday that from 1/1/2011 all financial transactions of sums above 1500 euros in cash, will be banned. For any transaction above 1500 euros, only credit cards and checks will be legal. The formal explanation for this law is it will combat those who do not pay taxes. But we all know this is not the case... It seems the new world order wants to make Greece a testing ground for their new laws. For the past months, Greece have been attacked without mercy. We have been called liars, frauds, cheaters, thieves. They are threatening us constantly with banning from the euro zone and default. [These charges are] not true. ... The problem is, based on their accusations and (the virtual) bad situation of Greek finances, they will pass their experimental laws of their new world order. The fairly new Government of the socialist party, elected 4 months ago, forgot all its promises, and is determined to pass laws giving citizenship to illegal immigrants after 5 years, without any trade-off. We are 10 million Greeks here, and almost 3 million mostly illegal immigrants, who will obtain Greek nationality and will gain the right to bring their families here too... In Pakistan there are even ads saying "for 5000 euros we get you to Greece, to study free, work, make families, and obtain EU passports"... And now this... The previous government created a new ID card, to collect data from people since childbirth. This government will ban transactions in cash over 1500 euros, in order to make all of us have credit cards. The obvious first step is to ban all cash transactions, then merge this new ID card with the credit system, then, well.... insert this merged ID card into our bodies... Our peoples' morale is low, society is disorganized because of immigration and propaganda, and we will not fight those laws. You people living in the Western World, be prepared because they are planning the same for you! Quote Link to comment Share on other sites More sharing options...
Deckard Posted February 12, 2010 Share Posted February 12, 2010 Nutcase. No wonder they are in trouble. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted February 12, 2010 Share Posted February 12, 2010 I guess it makes sense. Just like if the NWO can pacify Afghanistan they can pacify anywhere, if they can regulate corrupt Greece they can regulate anywhere. Quote Link to comment Share on other sites More sharing options...
matroskin Posted February 12, 2010 Share Posted February 12, 2010 be prepared for barter transactions to escape the system link Or transact in USD/RUR/GBP cash. Or maybe even in Turkish Lira or Cyprus Pound! Quote Link to comment Share on other sites More sharing options...
Pindar Posted February 12, 2010 Share Posted February 12, 2010 They already have data from their Iceland experiment. They are now trying it with the birthplace of so-called democracy. The Irish proved to be a pushover, even voting yes to a second question on the Lisbon treaty. In Iceland, it looks like the forthcoming referendum will be a "no" to the Icelandic people being held accountable for the bad debts of a handful of banking criminals. Greece is the test case for using the financial system to cause popular uprising and a test for the powers of the Lisbon treaty. I wonder how far the EU will go when it comes to enforcing them? Quote Link to comment Share on other sites More sharing options...
The Spaniard Posted February 12, 2010 Share Posted February 12, 2010 Makes sense, there's no profit for the commercial banking system if debt-free cash is used to conduct business. Much better for the bankers to force everyone to use a means of exchange which first must be borrowed at interest from them just to get into circulation. The rent-a-currency scam is so obvious, its structure and logic are so clear if you take the trouble to look. Think about it, understand it, discuss it with your friends and family. Quote Link to comment Share on other sites More sharing options...
tim123 Posted February 12, 2010 Share Posted February 12, 2010 Makes sense, there's no profit for the commercial banking system if debt-free cash is used to conduct business. Much better for the bankers to force everyone to use a means of exchange which first must be borrowed at interest from them just to get into circulation. It's got nothing to do with borrowing and everything to do with providing an audit trail. I have to say it's a silly way to do this. The Italians used to have the same problems as Greece (wrt the black economy) and they got rid of it by introducing rules to fine purchasors who left shops/resturants without an official receipt. People soon got used to asking for receipts! tim Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 12, 2010 Author Share Posted February 12, 2010 It's got nothing to do with borrowing and everything to do with providing an audit trail. I have to say it's a silly way to do this. The Italians used to have the same problems as Greece (wrt the black economy) and they got rid of it by introducing rules to fine purchasors who left shops/resturants without an official receipt. People soon got used to asking for receipts! tim eh whats the black economy Quote Link to comment Share on other sites More sharing options...
scottbeard Posted February 12, 2010 Share Posted February 12, 2010 I'm sorry, but this just sounds like conspiracy theory to me. I have never made a cash transaction for over 1,500 Euros, nor would I particularly want to carry that much cash around. Whereas I imageine tax-dodgers do so all the time. And yes, as the OP suggests, the tax dodgers may well move to bartering or paying in gold coins instead. Greece is not a deliberate testing ground for anything - it is just a country that has been mis-managed. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 12, 2010 Author Share Posted February 12, 2010 I'm sorry, but this just sounds like conspiracy theory to me. I have never made a cash transaction for over 1,500 Euros, nor would I particularly want to carry that much cash around. Whereas I imageine tax-dodgers do so all the time. And yes, as the OP suggests, the tax dodgers may well move to bartering or paying in gold coins instead. Greece is not a deliberate testing ground for anything - it is just a country that has been mis-managed. good for you, its your choice what about people who wish to avoid the banks and tax dodgers are they in the wrong or is it those doing the taxing Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted February 12, 2010 Share Posted February 12, 2010 I got my problems and I pay the priceWe gotta plug the gap, we gotta feed it rightThere ain't no danger we can go too farWe start believing now that we can print who we areGreece is the word....They think our debt is just a growing painWhy don't they understand, It's just a dying stateTheir lips are lying only gold is realWe start to find right now we got to be who we dealGreece is the word is the word that you heardIt's got mood, it's misleadingGreece is the time, is the place, its commotionGreece is the pain we are feelingWe take the pressure and we throw awayResponsibility belongs to yesterdayThere is a chance that we can ramp it so farWe start believing now that we can print who we areGreece is the word (is the word that they heard)It's got mood, it's misleadingGreece is the time, is the place, its commotionGreece is the pain we are feelingThis is a life of illusionWrapped up in troubleLaced with confusionWhat are we doing?We take the pressure and we throw awayResponsibility belongs to yesterdayThere is a chance that we can ramp it so farWe start believing now that we can print who we areGreece is the word (is the word that they heard)It's got mood, it's misleadingGreece is the time, is the place, its commotionGreece is the pain we are feeling Quote Link to comment Share on other sites More sharing options...
The Spaniard Posted February 12, 2010 Share Posted February 12, 2010 It's got nothing to do with borrowing and everything to do with providing an audit trail. It's to do with both, and the two issues are logically independent. Audit trails can be enforced for debt-free, publicly issued electronic money just as they can be (and are) for debt-based, commercially issued (broad) money. My point is that the Greek law is one more step towards the absolute consolidation of the borrowed-into-existence rent-a-currency system. Why should we pay interest to a privileged minority for the existence of an adequate means of exchange when collectively (i.e. publicly) we could organize it for ourselves at negligible cost? That is the question. Quote Link to comment Share on other sites More sharing options...
tim123 Posted February 12, 2010 Share Posted February 12, 2010 eh whats the black economy http://en.wikipedia.org/wiki/Underground_economy Quote Link to comment Share on other sites More sharing options...
Jister1 Posted February 12, 2010 Share Posted February 12, 2010 I got my problems and I pay the price We gotta plug the gap, we gotta feed it right There ain't no danger we can go too far We start believing now that we can print who we are Greece is the word.... They think our debt is just a growing pain Why don't they understand, It's just a dying state Their lips are lying only gold is real We start to find right now we got to be who we deal Greece is the word is the word that you heard It's got mood, it's misleading Greece is the time, is the place, its commotion Greece is the pain we are feeling We take the pressure and we throw away Responsibility belongs to yesterday There is a chance that we can ramp it so far We start believing now that we can print who we are Greece is the word (is the word that they heard) It's got mood, it's misleading Greece is the time, is the place, its commotion Greece is the pain we are feeling This is a life of illusion Wrapped up in trouble Laced with confusion What are we doing? We take the pressure and we throw away Responsibility belongs to yesterday There is a chance that we can ramp it so far We start believing now that we can print who we are Greece is the word (is the word that they heard) It's got mood, it's misleading Greece is the time, is the place, its commotion Greece is the pain we are feeling Bravo!! Quote Link to comment Share on other sites More sharing options...
tim123 Posted February 12, 2010 Share Posted February 12, 2010 It's to do with both, and the two issues are logically independent. I agree that they are independent. I disagree that this new law has anything at all to do with some conspiracy theory that it is trying to encourage Greeks to borrow more. It has evertying to do with making sure that they pay their taxes. tim Quote Link to comment Share on other sites More sharing options...
R K Posted February 12, 2010 Share Posted February 12, 2010 Makes bank runs more difficult. Bank runs and/or taking your Euros out of Greece are much easier to control via the electronic bankstering system. If you choose to use cash, then as Gordon tells us, you're must be a terror wrist. Quote Link to comment Share on other sites More sharing options...
scepticus Posted February 12, 2010 Share Posted February 12, 2010 lowrentyield, have you got any corroborating links for this story - like an official announcement from the greek government? Quote Link to comment Share on other sites More sharing options...
InternationalRockSuperstar Posted February 12, 2010 Share Posted February 12, 2010 lowrentyield, have you got any corroborating links for this story - like an official announcement from the greek government? http://www.reuters.com/article/idUSLDE61824V20100209 HIGHLIGHTS-Greek FinMin unveils tax reform, wage policy... "From 1. Jan. 2011, every transaction above 1,500 euros between natural persons and businesses, or between businesses, will not be considered legal if it is done in cash. Transactions will have to be done through debit or credit cards" ... Quote Link to comment Share on other sites More sharing options...
Timm Posted February 12, 2010 Share Posted February 12, 2010 Calm down everyone, it's just the imposition of currency controls. Quote Link to comment Share on other sites More sharing options...
scepticus Posted February 12, 2010 Share Posted February 12, 2010 http://www.reuters.com/article/idUSLDE61824V20100209 thanks IRS. Ultimately, this is not about tax. Quote Link to comment Share on other sites More sharing options...
deflation Posted February 12, 2010 Share Posted February 12, 2010 (edited) Even if it is true, I'd have thought it would only apply to commercial transactions. If I buy a car off someone in a private sale and pay him thousands of € in cash, no-one will know and it would continue. Edit: IRS's post while I was writing this confirms only business transactions. However, property sales where they pay a wad of it in cash to avoid taxes, a bit like happens in other EU countries, may have to stop. Shops coul get round it if you are making a multiple purchase of say, tobacco products by splitting up the sale into several receipts below a threshold. This happens in Spain a lot. The 'tabacos' were instructed a few years ago to limit the packets of rolling tobacco sold to customers, a bit of an anti-smuggling promo I think. They just issued you with several receipts all below €100 each and accepted the cash. There is a 2% surcharge to use a debit or credit card in these shops so cash is still the way to go. (Why does € symbol disappear in an 'edit'?) Edited February 12, 2010 by deflation Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted February 12, 2010 Share Posted February 12, 2010 They haven't, and can't, pacify Afghanistan. But you'd never know that listening to the Beeb. A law banning cash transactions of any size is not a law that will ever be workable. Greece's black-market economy just got bigger. Not by conventional warfare, but arent they trying to pay off the taliban or al kyda now? Quote Link to comment Share on other sites More sharing options...
piece of paper Posted February 12, 2010 Share Posted February 12, 2010 It's a topsy turvey world when legal tender isn't p-o-p Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 12, 2010 Author Share Posted February 12, 2010 http://en.wikipedia.org/wiki/Underground_economy who decides the colour Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted February 12, 2010 Author Share Posted February 12, 2010 Not by conventional warfare, but arent they trying to pay off the taliban or al kyda now? well it works for the central bankers paying off the politicians Quote Link to comment Share on other sites More sharing options...
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