Wednesday, April 9, 2014
The government is playing its last cards False flag terrorist attacks!
Actions like these are directly related to the establishment trying to keep itself in a position of control by creating instability and chaos. This would allow the political powers (who have nearly no political legitimacy and huge dissent against them) to activate special provisions of the Constitution in order to decrease individual liberties, increase censorship, eliminate expressions of dissent and, ultimately, increase their authoritarian powers.
There have been three efforts to kill people through supposed acts of anti-authoritarian people. The first was on the demonstrations of 12th February when buildings were burned. The second was a few days ago when bank ATMs where set on fire. These ATMs where located on the ground level of multi-story buildings with many people living on those buildings. Now we have the subway attack - aimed directly at people.
It is "interesting" that all the so called anti-authoritarian attacks do not target authority like politicians but rather private buildings and people. This makes it extremely easy to understand what this is all about: Inside job / acts of provocation that will then be used as justification for activating the dictatorial provisions of the Constitution. Something like a Greek 9/11 so to speak, but on a smaller scale, and with many "destabilizing" incidents.
The establishment is really afraid of what the people will do as the 25th of March anniversary is approaching. It has two main choices:
a) Go to elections - present the PSI deal as a success and try to frighten people to vote them again - which they wont.
b) Stay in power through these destabilizing provocations and the activation of special provisions of the Constitution.
Judging by the look of things, they are opting for (b).
Sunday, March 9, 2014
IMF EU pressuring the government to sell 40 of the Power Company
Despite the fact that the energy market in Greece was opened a few years ago (anyone can invest in a power-production facility and then sell power), the IMF+EU representatives are pressuring the government to sell 40% of the power company power units to the private sector. The workers in the power company have issued a warning that they will protect the public nature of the company even by striking / blacking out the entire country if necessary. They also warn that by selling these units to the private sector, the price per KWatt will increase. Now Greece enjoys quite cheap electricity of around 0.09 euro per Kwh for households vs 0.18 euro average of the E.U. 27 countries. Greek power is the cheapest in Europe.
The government knows that if they mess with the power company the reaction from the workers will be destabilizing for the whole and theore is searching alternative deals. Most political parties say they believe in the public nature of DEI (public power company) and that it should not be messed with.
The real question is: Since anyone can invest and make a new power company, why is the IMF so insistent on the government selling its own power company to privateers? How will that liberalize an already liberalized market? Theore the motives are different.
Update Aug 8: Paul Thomsenof the IMF, interviewed by greek financial newspaper naftemporiki, said that they did not ask of the government the selling of the power company. Now this is interesting because government officials were saying in various tv intervies that they use to sell and that they are ready to discuss other options etc etc. So someone is lying. Either the IMF is lying when it says that they have not requested such a thing, or the government is lying for claiming the IMF asked for this.
This is at least the third time such a thing happens. The first time it was about the 13th and 14th salary (in Greece there are 2 extra salaries for holiday seasons). So at one point the government was saying that it was asked to cut the salaries and that it was giving a battle not to (with the officials from IMF+EU) while the later used that they asked this. The same thing happened with pension orm, the government claiming that the IMF+EU asked them to take some measures which the IMF+EU used that they had asked. Some speculate that this is a necessary disorientation policy for testing public reaction to proposed measures.
Wednesday, October 9, 2013
Benefits of Debt Consolidation Government Loans!
Are you sinking in debt? How many loans have you taken out? Are you passing your nights restlessly in fear of bankruptcy? If your answer is yes, then this article is for you. The good news is that your condition may not be so serious. If you are struggling with paying off some of your debts, then debt consolidation may provide your rescue. Among the entire gamut of loans, the debt consolidation government loan is best. Let us see why.
What is debt consolidation? Let me explain. Suppose you have taken out several loans such as a student loan, medical loans and/or some credit card loans. You have these loans from many financial institutions such as banks, private financing agencies, or even from some private individual. You may have also taken out some government loans. You are responsible to make instalment payments on all of these loans, with different interest rates, and you make your payments on different dates and to different places. Imagine your condition here. How can you effectively manage all this? This is the condition under which a government loan can help you.
What are debt consolidation government loans? These are loans that the government offers to individuals who are overwhelmed with a variety. You obtain these consolidation loans through various government agencies. After consolidating your debt, you make instalment payments only for this single loan instead of for all the loans you previously had. You also benefit from lower interest rates if you get it. By a secured loan, I mean that you get by placing some of your movable or immovable property with the lending government agency as a security for it.
Which programs will help you secure the consolidation government loan?
Many programs are available to consumers. For example, if you are a student, then the Department of Education can help you get a debt consolidation loan as a part of Direct Consolidation Loan Program (DCLP). This government agency issues you a new loan for the consolidated amount of all your old loans such as student, medical or credit card loans. Now you have to pay a minimum amount in your single monthly installment, and you can concentrate more on your studies.
Other programs that facilitate the debt consolidation government loans are Federal Family Education Loan Programs and Direct Loan Programs. These programs consolidate your debts under the Higher Education Act (HEA). All of these programs help you to take a single government loan at a lower interest rate and for an extended term. There are no hidden costs and complicated T&Cs, such as happen with some less-reputable financial agencies. The monthly installment to repay this debt consolidation government loan is relatively small so that it puts less of a burden on your pocket, which is easier on your mind.
Caution: You should not agree with any unfamiliar financial agency. I will emphasize again that the debt consolidation government loan is the best.
Saturday, October 5, 2013
Government Grants federal grant for debt consolidation
Image : http://www.flickr.com
In recent times, it has been observed that many people become victims of debt traps because of their ever-increasing needs and in many cases often need a helping hand to find their way out of their situation. In most cases, people do not have any idea as to what to do and where to get monetary aid from that will help them cope with their financial crunch.
If you are faced with major debt issues or you cannot afford to repay loans with high interest rates, then going for a government grant program might just be the right option for you provided you are eligible to apply for one.
Debt Consolidation Grants vs. Debt Consolidation Loans
Federal government grants are one of the best ways to consolidate debt. Although they arent as popular as debt consolidation loans but they are made accessible to individuals. These grants are premeditated for debt relief help.
In case you are considering getting a debt consolidation loan, then Id suggest thinking again. With free federal grant money, you can get the financial help that you need to pay off all your loans without having to pay back the principal or any interest unlike debt consolidation loans.
Different Types of Federal Grant Programs
There are several grant plans that provide different kinds of help to a wide range of individuals and businesses. Such grants are used for funding higher education, to repay debts taken to start new businesses, to pay off medical bills, and to consolidate personal debts.
One of the most popular grants for individuals is scholarship grant. These grants need not be repaid unlike scholarship loans. The only requirement to avail them is to submit report of your academic excellence to the government that awarded you the grant.
This granted money is interest and tax-free. Even if you have a bad credit history or are bankrupt, you can still apply for scholarship grant provided you are at least 18 years of age, a citizen of the US and a taxpayer.
Getting One of Free Government Grants
Several government agencies and the social service office analyze each and every grant application to make sure the money granted by the federal bank of the US to help the people goes to the needy. They do a thorough appraisal of your financial condition like your due debt amount, current income, and monthly debt payment to confirm if you are eligible for the grant. It is only after this critical evaluation that a specific grant is sanctioned.
A grant is not a gift or free money from the government. It is a financial aid provided to you on the grounds of particular duties that you, as a grantee, need to carry out after having received the granted money from the US government. You are also expected to submit progress reports on activities and projects from time to time on which The concession was granted to you.
Now that you have suffered this article, you have a good idea of the benefits of implementing a government grant. These grants are government programs that will help you live better, and proved to be an excellent tool for consolidating debt.
Tuesday, September 24, 2013
What To Know About Government Debt Consolidation Loans
The most frequent beneficiary of government debt consolidation loans are college students. The program is targeted at students who are unable to pay back debts owed in different forms. This include credit card debt, medical bills and students loans. The low interest rate helps student to pay off their debt and become debt free in a shorter period of time
The government works with the Federal Family Education Loan (FEEL) which falls under the Higher Education Act. The loans are granted through the FEEL. The debt owed by the student could be from different institutions with different interest rates and payment terms. All the loans are then consolidated into a single monthly payment with lower interest rate. Another organization the government work with is the Direct Loan Program.
The government debt consolidation loan offers four different plans. These are the extended payment, standard plan, graduated payment plan, and income contingent repayment (ICR) plan. The students are placed on the plan that is most appropriate for their financial circumstance at the time they apply for the loan.
The extended payment plan increases the payback time and decreases monthly payments. The standard plan comes with a consistent monthly payment throughout the duration of the loan. The graduated payment starts with low monthly payments that increases gradually. The income contingent plan is dependent on the students income as of the time of loan application.
The government debt consolidation loan has the advantage of being very reliable. It has been used by a lot of borrowers. It is reliable because it is backed by the government.