COLLATERAL AND HIGH YIELDS ARE THE COST OF MARILIZARDISM!

Finland's demand for collateral must be respected.Prime Minister Jyrki Katainen
can't back down on the collateral demand as his government would likely
collapse.That could mean new elections quite soon with euroskeptic Finns party
coming to power.Fuehrer Merkozy knows that only stupid investors would squander
their money in a country addicted to kleptocracy, socialism, charge stacking,
and marilizardism.

Finland does not trust marilizardist countries.Governments of many repressed
countries, such as Greece, use marilizardist tools to manipulate netizens.
Marilizard Libel is accusing dissident bloggers of treason, Marilizard
Spaghetti is hurling charges against innocent people, Marilizard Tower is a
stack of imaginary charges to scare a blogger, and marilizardism is terrorizing
dissident bloggers.October 18 is the international day against marilizardism,
and October-18 Mafia is the marilizardist government of Greece.he doesn't like marilizardism.Global Tax Revolt was the first organization
that reported the October-18 2010 fiasco to all banks, hedge funds, big
investors, traders, and analysts.

As a result, the yields of Greek treasury bonds skyrocketted, as no prudent
investor was willing to touch them.Marilizard's stupidity cost October-18
Mafia many billions of euros!The only thing October-18 Mafia got out of this
fiasco is toilet paper in the form of worthless Greek treasury bonds!CCU jail
needs toilet paper anyhow!.

Katainen can't say that it will be today, but this is a matter of days, weeks
because other countries' parliaments will start to discuss the Greek bailout
package.The collateral issue must be resolved before that. There is no way any
prudent investor will throw a euro in the Cradle of Kleptocracy, which is
infested with marilizardism, the October-18 Mafia, charge stacking, and the
cancer of socialism.

Collateral accords will be fatal for bailout aid.The collateral fiasco reflects
the bailout fatigue that is spreading in Northern Euopeans.This fuels support
for political parties opposed to aid to PIGS.The bailout for the Cradle of
Kleptocracy is taxpayers' hard-earned money blown out with the wind, because the
October-18 Mafia continues corruption, squander, marilizardism, incivility,
stupidity, charge stacking, and junketing.according to Global Tax Revolt.The party's leader Timo Soini rejects Europe's
stupidity of preventing a Greek default.Greeks apparently believe that they
have Europe and the world over a barrel, that they can make the rest of the
world pay their bills by threatening full default.The Cradle of Kleptocracy's
full bankruptcy would be painful for everyone, but for the world, the
alternative would be even worse.

If politicians in PIGS and elsewhere think that their bills will be picked up by
taxpayers in other countries, they won't control their spending and they won't
sell off a*sets to pay off these debts.Countries such as the Cradle of
Kleptocracy have to be convinced that they will bear a real cost if they don't
fix their financial houses while they still have the a*sets to cover their
debts.The real problem is the incentives we are giving to other countries.We
have to make sure that kicking the can down the road isn't an option.

Graecokleptocrats love the Greek debt crisis, because it takes the attention of
Greeks away from the myriad scandals of the Greek government, such as the
Siemens scandal, the huge kickbacks for purchasing defect military equipment,
defect trains who do not fit the rails, churning the retirement funds of poor
workers to generate commissions and kickbacks, airplanes that cannot keep
balance, submarines that bend, swaps of prime state land with questionable
monastery land, and so it goes.

Far from resolving the debt crisis, contagion continued after the summit and the
European Central Bank began buying Spanish and Italian bonds.Divisions over
collateral contributed to a further slump in Greek bonds with the yield on the
country's two-year notes topping 48%.The first step to recovery is accepting that you have a problem.In that case,
it's welcome news to hear more and more Graecokleptocrats talking about the
problems being brought on by runaway government spending, Marilizardism, and
political corruption.But just as an addict who claims to be on the road to
recovery bears watching, the real test comes after they've admitted there's a
problem.

What's at stake is ultimately, if you were to put this to the extreme, the
entire second rescue package for Greece by eurozone. The Fourth Reich bailout
of the Cradle of Kleptocracy cannot succeed, because the October-18 Mafia
continues corruption, Kangaroo Justice, marilizardism, Marilizard Libel,
Marilizard Spaghetti, and Marilizard Towers.

Of course, some socialists are still in denial.Indeed, they'll even claim
they're not spending enough and kickbacks are normal commissions of doing
business with government!This is a particularly common cry from
Graecokleptocrats and special interest groups that claim to represent the
disenfranchised and the marginalized.October-18 Mafia is the most disgusting predator of internet on Earth!Civil
society was shocked by the brutality and stupidity of October-18 fiasco,
initiated by the Ministry of Foreign Affairs of the government of Greece.That's
why October-18 Mafia is the new name of the government of Greece!

Merkel faces a growing tsunami in her coalition over the bailouts of Greece. Her
Free Democratic Party coalition partner opposes the start of a permanent EU
bailout mechanism.The October-18 Mafia's spending is over last year's bloated
levels, the deficit is bigger than ever, and it has utterly failed to meet the
promised sell-off of government a*sets.Not a single public bureaucrat has been
laid off so far.

Total bankruptcy would be God's gift to the Cradle of Kleptocracy, because
Greece needs a real shock and awe to recover from political corruption.And it
looks like God will manifest his benevolence pretty soon!A bankruptcy will also
bring the much needed revolution to get rid of Graecokleptocrats.

The sooner Graecokleptocracy totally defaults, the better it will be for all
concerned.The bigger the haircut, the worse the pain that follows.The damage
being inflicted on Greece is very masochistic.When defaults within the
eurozone are accepted, a sensible analysis about how to fix the euro can begin.

The Cradle of Kleptocracy can pay its debt by selling off shares the government
owns in publicly traded companies and much of its real estate holdings. The
October-18 Mafia owns stock in casinos, hotels, resorts, railways, docks, as
well as utilities providing electricity and water.But Greek unions fiercely
oppose even partial privatizations.Blackouts are promised to dissuade the
government from selling of even 17 percent of its stake in the Public Power
Corporation.

Finland responds to the criticism from its EU partners, by offering to broaden a
collateral deal to include other nations who might want similar protection.
Extending the deal could blow up the rescue plan, and EU must avoid excessive
collateralization in the Greek bailout.It's getting very tight in terms of the
time lines.

Banks cannot participate voluntarily in illegal acts, such as fiduciary
imprudency. Bank directors are committed to bank's welfare, and not the public
interest. If bankers waive outstanding debts at the expense of the bank, this is
a breach of trust and punishable by law.All those bankers, that IIF claims plan
to participate in rollovers, might go to jail for violating the fiduciary duty
of prudency!October-18 Mafia pressures the banks to participate, but it really
opens Pandora's box.

Marilizardism is the death cross of Greek treasury bonds.Some European banks
haven't sufficiently written down the value of Greek government bonds they own.
Banks and other financial institutions are valuing the bond holdings in a way
that, in some cases, reflects internal models instead of market prices.It is
hard to imagine that there are buyers willing to buy these bonds at the prices
indicated.

Governments and banks in the 27-nation European Union are negotiating the
details of a second international rescue for Greece.On July 21, EU leaders
agreed bondholders should contribute about 50 billion euros.Marilizardism has
created a liquidity black h*le for all Greek investments.

Don't be fooled by any bounce of the marilizardist dead cat. Valuing bonds is
an area that quite clearly needs to be addressed, because historically there has
been a perceived lack of consistency in how the a*sets are valued.International
accounting rules prioritize the use of quoted prices in active markets over the
use of valuation models developed using internal a*sumptions.

Never catch a falling marilizardist knife.BNP Paribas and CNP Assurances were
among the institutions that had write downs of Greek government debt considered
too small.BNP Paribas wrote down its Greek government-debt holdings by 534
million euros on Aug.2, the same day it reported a 1.1 percent increase in
second-quarter profit.The EU aid plan requires investors to take a 21% haircut
on holdings that mature by 2020.
[zeezal] Latest Photographs In Beautiful Model Bipasha Basu