Don't WAIT!

Wednesday, June 17, 2015

More News, Rumors, and Opinions Wednesday Night

KTFA:

Frank26:  BTW ......... NOTE THE PATTERN:

Since the 14th DRS is talking with his heart not mouth.

He has orchestrated the MR like The True Governor of The CBI that He is !!!

DRS is the E F Hutton of our investment ............ THE SQUIRREL with the MR PLAN acorn.

This is a pattern to follow.

KTFA   Frank

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Aggiedad77: Don't take a swing at me for saying this......ok

I'm thinking that Dr. S may just hold the "Last Cookie" Good to the last crumb he says

CONTROL is a powerful thing.....in the right hands it is POWERFUL

Dr. S understands both the control and the power

May his actions soon be a blessing to the world

Speaking of patterns......who said that

It would appear to me that PM Abadi and Dr. S are doing things in an orchestrated manner the last few days.....their travels.....their speeches....the messages they are putting forth.....all seem to be preparing everyone for more to come....

They work with precision, yet they know not to lay all the cards on the table as yet. There is still some riffraff to be taken care of and from their words they know exactly what needs to be done and how it will be performed.

Each day is becoming more and more of a delight to see what they will reveal next.

Life is good....but getting gooder  Remember the BEST is yet to come    Aloha   Randy

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I4U:

[xyz]
Abadi: There are parties trying to manipulate the price of the dinar and the targeting of the economy   http://ift.tt/1CescQB

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TNT:

[LAS]
repost FROM A MEMBER [JACQUE47] Urgent Sistani's office: Friday first day of Ramadan: Friday first day of Ramadan The highest religious authority office of Grand Ayatollah Ali al-Sistani announced that after tomorrow, Friday is the first day of Ramadan. A statement by him that he "did not prove today sighting of the crescent of Ramadan on Thursday considered an integral part of the month of Shaaban, and Friday is the first day of the holy month of Ramadan"

cudbuck : another BIG banking name dies suddenly this morning, while excercising...#2 man at JP Morgan.."one of the best known...deal makers"..Jimmy Lee dead at 62.....

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Return of Drachma: Europe tells Greece prepare for 'state of emergency' as talks collapse

GREEK politicians are drawing up plans for the country to leave the euro and return to the drachma, as the country's default and exit from the union now looks inevitable.

By Lana Clements     PUBLISHED: 03:28, Tue, Jun 16, 2015 |

Hardline leftists of the Greece's ruling party refuse to bow to EU creditors demands to implement austerity measures in return for the cash needed to keep Athens afloat and are working out how to go it alone after bankruptcy.

Prime minister Alexis Tsipras has also publicly warned that if creditors don't change their stance, Greece is ready to take the plunge.

He said: "If Europe wants the division and the perpetuation of servitude, we will take the plunge and issue a 'big no'."

It comes as the latest round of talks between the Greek government and its creditors over the weekend failed to produce a deal - which moves the country another step closer to leaving the union.

One MP of the ruling party said to the Telegraph: "We are all horrified by the idea of surrender, and we will not allow ourselves to be throttled to death by European Monetary union."

Markets on Monday morning plummeted as hope to resolve the situation without a Greek default diminishes by the day.

London's FTSE 100 was in the red, alongside major European stock markets.

Michael Hewson, chief market analyst at CMC Markets UK, said: "The fact is, unless some significant concessions are made on either side a default is now more or less inevitable, and even if a plan were agreed that was agreeable to the creditors, it is unlikely that the Greek government would be able to get it through their parliament...

It does rather beg the question as to why we can’t all end this charade which suggests a deal is even possible, and fast forward to the bit at the end of the month where the default happens and we can move on to the next stage of the process."

Mr Hewson added that it can only be a matter of time before capital controls are introduced to stop cash leaving the country.

For Rest of Story click here:

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Stage3alpha:

G T June 17, 2015

Greece's future in EU in doubt if talks fail, central bank warns

By George Georgiopoulos and Matthias Williams
ATHENS | Wed Jun 17, 2015 11:39am EDT

ATHENS (Reuters) - A warning by Greece's central bank that the country risked being driven from the euro zone and, ultimately, the European Union failed to break a deadlock with creditors before a potentially decisive meeting of European finance ministers.

A top Greek negotiator told Reuters Athens was ready to make unspecified concessions, but once again ruled out any cuts to pensions - a major sticking point in the negotiations. Germany, the euro zone's most powerful economy, stuck to its line that Greece had to make significant moves to break the stalemate.

Athens has until the end of June to find a way out of the impasse before it faces a 1.6 billion euro ($1.8 billion)repayment due to the International Monetary Fund, potentially leaving it bankrupt and teetering on the edge of the euro zone.

"It won't work without Greece moving significantly," German Foreign Minister Frank-Walter Steinmeier said in Berlin.

Greek negotiator Euclid Tsakalotos confirmed that Greece does not have the money to repay the IMF and said the leftist government would only accept a deal that was sustainable and addressed debt, financing and investment - issues the European Union has said it does not want to open at this stage.

"If you have that, then the Greek government will sign the deal," Tsakalotos said. "If it doesn't have that kind of deal there is no point in signing onto something that you know is going to fail."

Hopes that a deal might be struck on Thursday at a meeting of European finance ministers looked increasingly remote.

"People are getting anxious on both sides. Athens expects Brussels to move. And Brussels expects Athens to move. And it’s stuck," said a senior EU diplomat, who declined to be named.

"It’s very dangerous, and we may have an accident."

Making clear the huge stakes at play, the Greek central bank said reaching an accord was "an historical imperative" that the country could not ignore.

"Failure to reach an agreement would ... mark the beginning of a painful course that would lead initially to  a Greek default and ultimately to the country's exit from the euro area and, most likely, from the European Union," the Bank of Greece said in a monetary policy report.

Greek Prime Minister Alexis Tsipras accused the creditors on Tuesday of trying to "humiliate" his country by demanding more budget cuts to unlock desperately needed frozen aid.

RECESSION BOUND

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