Cyprus: The unprecedented example of an official bank heist

March 19, 2013 § Leave a comment

Cyprus: The unprecedented example of an official bank heist

By Petros Arguriou


For those who wonder where the hell is that island of Cyprus, the answer is: right in the middle of it, right in the middle of a financial hell.

For those who wonder why the hell should we care about an island, the answer is, if not stopped in its tracks, all hell might break loose.

To try and understand the horrific situation in Cyprus, one has to first learn a bit about the history of the island.

Cyprus is the third biggest Mediterranean island, east of Greece and South of Turkey.

Inhabited by Greek people for millennia, Cyprus was conquered by the Ottoman Turks in the 16th century and remained thus until 1878, when the Ottoman Empire leased the island to the British Empire.

In 1914 the British Empire annexed the island.

After a long history of anti-imperialistic struggles seeking unification with Greece, the Island was finally granted its independence in 1960.

But the Turks had not lost their appetite for Cyprus and its geopolitical significance.

In 1964, Turkey plotted to invade the island but the invasion was averted by the uS government and a very strong response to the Turkish’ imperialistic intentions from then US President Lyndon Johnson.

But the US geo-policies who soon sift.

In 1967, a CIA backed coup d’ etat establishes a junta in Greek that would last for seven years. The Greek Junta is a threat to Cypriot Independence.

After Henry Kissinger became Secretary of State in 1969, he oversaw a  plot orchestrated by the Greek Junta with the help of the CIA to assassinate the First President of the Democracy of Cyprus, Archbishop Makarios. Though the attempt failed, the conspirators would not abandon their plans to overthrow Makarios, a man who Kissinger regarded being “too independent”.  In 1974, a coup d etat overthrows Makarios and places a gunman, Nikos Sampson as president of Cyprus. The coup d’ etat served as a pretext for Turks to invade the island. Hundreds of thousands of Greek-Cypriots are ousted from their homes. Thousand of them are still missing.

Cyprus is split into two.

Despite the bloody division, Cyprus will economically thrive. Based on its banking system, Cyprus will have uninterrupted positive growth rates for years to come.

In 2004, Cyprus will join the EU. Influenced by Greece, the small country of 890000 Greek Cypriots would abandon its national currency and thus the ability to plan its own monetary policy and would be absorbed into the Euro mechanism in 2008.

Let’s take a look at the financial figures prior to Cyprus entering the Euro Mechanism:

Budget surplus of 1.5%, inflation 2.2%, 3.9% unemployment and per capita income is 92% of the EU average in purchasing value.
Cyprus public debt is below 60% of Cyprus GDP in 2007.

Now how can such an exemplary economy face a crisis it can’t overcome on its own only a few years later?

The answer is not very surprising. The reason of Cyprus’ downfall lies not in her banking system but rather, in its political system.

The two political systems, the Greek and the Cypriot, coordinated their efforts to accelerate degenerative financial phenomena and acted as catalysts that would enable the manifestation of a crippling financial crisis that would enable the creation of the United States of Europe.

In 2008, the Cypriot people voted for the Cypriot Labor Party, descendant of the Cypriot Communist Party and elected Dimitris Christofias to be their president.

Christofias promised the Cypriots generous social benefits and a more independent Cyprus. The day he was elected he declared: “The goal of our Presidency is to achieve a just, viable and functional solution to end the occupation and colonization. Solution which ensures the sovereignty, independence, territorial integrity and unity of the Democracy and removes all rights of military intervention in the internal affairs of our country by foreign forces”

Christofias, the pseudocommunist was of course purposely lying in order to deceive the Cypriots and masque his real intentions.

The political integration inside the EU demanded less national sovereignty, not more. At the same time, Christofias tax raided the Cypriots.

In 2009, a year after the presidential elections in Cyprus, George Papandreou, the offspring of a not entirely Greek Political dynasty, an ardent supporter of “Global Governance” and a man with heavy connections with important global lobbies and lobbyists,  is elected by the Greeks for President with the slogan “Money do exist”.

To win the elections he promised the Greek People ample social benefits. He declared that would never invite the IMF into Greece because IMF had the very bad reputation of destroying economies and societies.

He was lying. Papandreou had already made a secret agreement  with Dominique Strauss Kahn, then Head of the IMF, to hand Greece over to IMF.

But the Greek economy, facing huge structural problems, was not yet IMFable. The budget deficit was that big to allow IMF intervention.

For a year or so the Papandreou Administration laid dormant making hallow declarations about an “open government” inspired by the “open society” ideas of his friend, the multibillionaire profiteer, George Soros,

During this period, Papandreou and his minister of Finance, Papakonstantinou were placing their Lackeys inside the state mechanism in key positions.

The most important of them was George Andreou, an IMF employee who returned to Greece in order to lead the Greek Hellenic Statistical Authority.

Andreou, altered the statistical methods that the stats agency was using to inflate the budget deficit. In one year the deficit was adjusted from 3,2% to 12,5% and through his intervention to 15,8% of GDP.

No one  can doubt that the Greek statistics were tampered  with since (at least) 2001 by then Prime Minister Kostas Simitis in order for Greece to meet the Euro criteria. But partners in that fraud were also Eurostat and Eurogroup who wanted Greece to enter the deadly for her non antagonistic economy Euro mechanism.

Andreou, (currently facing charges of high treason), with the absolute authority given to him by Papandreou, artificially inflated the deficit figures even after they were revised to represent the true condition of the Greek economy.

Members of the Greek Hellenic Statistical Authority reacted strongly to this arbitration. They were swiftly removed. A few months later the military leadership was decapitated.

With all official reaction from Greece neutralized PM Papandreou and Papakonstantinou started a smear campaign abroad against Greece using the fake statistics to discredit Greece. Instead of fighting against the fundamental Greek problems of economic and political corruption and unreliability, Papandreou used them as a loaded weapon which he turned against “his own” people.

The campaign worked. No one would lent to Greece. Without any catastrophic event, the Greek economy was downgraded from A to C.

Germany, who had to power to stop the Greek crisis at its tracks with a mild intervention and thus stop contagion and the European Debt Crisis that followed, was already planning ahead, devising a future in which she would be the sole and undisputed European Sovereign and the countries of the South would be completely dependent on her.

With the memorandum signed, the Greek people would be held hostage to their creditors and they would obligatory fund the troika’s “assistance” with their pension, wages and insane direct and indirect taxation.

With the crisis unraveling, the Papandreou government would force Public institutions to buy Greek Bonds that would soon be devalued. A new bomb was placed in the foundations of public organizations and funds.

During that period (2010-2011), the cypriot banks would also behave insanely and buy soon-to-be worthless Greek Bonds.

When the haircut of the Greek debt was decided, the parties exposed to it were not the foreign creditors. The Greek and Cypriot political and banking systems had arranged that almost exclusively Greek and the Cypriot peoples would the ones be exposed and damaged by the haircut..

Cyprus lost 20% of its GDP to the deal.

But the Cyprus economy had to sink even further.

A deadly explosion occurred in the naval base of Mari destroyed a big part of the electrification infrastructure, an explosion that smelled like espionage or at least criminal negligence.

Another 4 to 20% of the Cypriot GDP was lost to the explosion.

That was it. Cyprus was in Big Trouble.

The Cypriot pseudocommunist President would soon announce a memorandum for Cyprus.

They were be no more Cypriot citizens. They lost their citizen rights when they became  hostages to their creditors.

In the summer of 2012 after a shortlived “Greek” government, new premature elections were declared in Greece. The right wing politician Antonis Samaras promised his voters to renegotiate the terms of the memorandum in favor of the Greek people. Under constant blackmails, he manages to marginally win the iterative elections. With support of the remains of the pseudosocialist former ruling party, and a splinter party from the radical left which for years remained dormant in order to provide support to the political establishment when the time was right, Samaras formed an unholy alliance to finish off Greece.

Samaras deceived and lied to the Greek people. Not only did he not renegotiate terms but he signed even crueler ones.

Some months later, Cyprus elections occurred. In 28 February 2013, a right wing Politian with an unpatriotic history, Nikos Anastasiadis, was elected for President of Cyprus. To win the elections he guaranteed Cypriots their bank Deposits.

He was of course lying: A few days later he announced a banking deposits haircut. 6,7% for deposits under 100000 euros, 9,9% for deposits over 100000 euros, a sum which amounts to roughly 30% of the rescue package offered by the Eurogroup.

The Cypriots are outraged. They are called to save their banking system with interests on loans created partly with they own savings.

Keen with the banking system since they have created a banking based economy, the Cypriots know that the saving accounts tax, actually a confiscation, an unprecedented bank robbery, would be followed by a withdrawal of trust from the Cypriot Banking System and thus a massive accounts withdrawal: a bank run.

The Cypriot  economy would instantly collapse. And it would never recover.

A Financial Junta was imposed by the Cypriot government. For two days, banks were closed. Only the ATM’s were working for the law that legalized bank robbery to be passed.

The Cypriot Economy froze. The global banking system froze as well. Stock markets globally went down. The message from Cyprus was clear. Banks were no more a safe place to entrust them with your money. A very bad precedent was set.

The risk of a bank run contagion appeared all of a sudden.

What were the Germans thinking? By dictating the uncypriotic Cypriot government to confiscate banking accounts, the Germans backstabbed both the global banking system and the Euroatlantic concession of good faith and cooperation.

What were the Germans thinking?

The Cypriot banking system was a tax haven. A part of the disproportionately large Cypriot bank deposits were from Greek depositors. About a quarter of them were from Russians. And an important fraction of them belonged to the British.

Already, during the Greek crisis, an estimated 140 billion euro fled the Greek Banking  system. A great deal of them entered the German Banking System.

A “controlled” bank run.

Now, when you run, what do you seek? Not a tax haven but a safe haven. And the German banks are a safe haven during the Eurocrisis.

Bank deposits will run from high risk countries to the German Safe Havens.

In the case of Cyprus, the Germans, will also get control of the Cypriot Banks subsidiaries in Greece.

This is not help, or rescue. This is a raid.

Thankfully, under the pressure of thousand of Cypriot citizens who gathered outsied the Cyprus parliament to protest, parliament members voted against the law. 39 MPs voted against and 19 abstained. Sanity is for now restored.

The only question that  remains to be answered is: Is Germany after dissolving Europe to completely dominate and restructure it to her own interests? We will know pretty soon as we will witness unpredictable developments regarding the western world.

The Bank Theft Legalizing Law has yet been voted by the Cyprus parliament due to pressure exerted by the people of Cyprus. Let’s hope it will never will.


Greece, a Policy State in disquise

March 7, 2013 § Leave a comment

Greece: A police state

Petros Arguriou (

ιερισσός blockadeFor three years now Greece has been placed into a quarantine. Not only by the markets as it is believed by also by mass media.

For 3 years now, the peoples of Greece have been denied some of their basic civil rights.

Mass protests are actually forbidden and when they occur they are faced with extreme police brutality including the extensive use of chemical weapons… Tons of them have been employed to disperse peaceful protests against policies that have virtually dismantled the Greek middle class and have led thousands of dignified Greeks to commit suicide, even in public places as a means of protest. Strikers have been requisitioned. 

Yet, little is known of what is actually happening in the interior of Greece, while racist Anti-greek stereotypes are still persistent in western mass media, a fact that indicates the hypocrisy and the take over of mass media by big private interests, private interests that engage in an orgy of exploitation and looting of Greece.

The deeply corrupted Greek political establishment has been totally transformed since the Days of the Pseudosocialist Prime Minister George Papandreou, the instigator o f the Greek and Eurocrisis, who stole the vote of the Greek people by ensuring them  that “Money  exist” thus giving them the promise of redistribution of wealth from the rich to the poor while he did exactly the opposite.

Having lost most of its electoral power, in order to survive and maintain its privileges, the Greek political establishment  formed an electorally marginal coalition government led by George Papandreou’s former fellow student, the right wing politician Antonis Samaras, who promised the people of Greece that he would renegotiate the terms of the memorandum in favor of   the Greek people yet he continued to enforce even harder backbreaking austerity measures and added to the suffering of the Greek people who almost lost all hope.

To remain in office, Samaras resorted to an extreme right wing rhetoric: He and his minister of “protection of the citizen” (actually a euphemism for the ministry of oppression of the citizen) Nikos Dendias have resorted to and enforced the dogmas of “Zero Tolerance” and “Law and Order” to further terrorize the Greek People.

The most striking example of way antidemocratic way these dogmas are perceived and enforced is a village in Chalkidiki, one of the most beautiful places in Greece full of natural and archeological treasures,  the Village of Ierissos.

The village of Ierissos

Through the intervention of mr Bobolas, a businessman wellknown for his mutually benefiting relations with the rotten greek political establishment, the company Eldorado was granted at a scandalous price a vast woodland area to establish a goldmine, an operation deemed by scientists to be an environmental bomb of megatons that would eventually blow up in the face of beautiful Chalkidiki. Chalkidiki is to become a new Eldorado.

The local residents opposed the environmental threat. And each and every time they protest, they would face the  greek elite police forces, known as the MAT, who were given orders by their higher ups to behave as hired mercenaries, sworn to protect the interests of the golddiggers.

After a peculiar incident of an unidentified attack to the premises of the goldmine that led to material damages on February, the police started a witch hunt, declaring the entire village of Ierissos “a suspect” and dealing with them as if they were terrorists.

Villagers were indiscriminately arrested and interrogated without any evidence, DNA samples were taken  with the use of interrogation methods which involved the application of psychological violence.

In some cases, villagers were abducted. Their lawyers and families knew not of their whereabouts for hours and the authorities refused to answer to their agonizing pleas.

State terrorism escalated. Two under aged villagers were called in for investigation.   The village was under siege.

But not anymore.

Because on March 7 2013, two elite Greek police squads invaded the village. They abducted six villagers and threw chemicals at the village square, nearby the village’s dispensary and inside the school’s backyard.

Patients as well as schoolboys fainted.

Here are some testimonies of several eye witnesses of the brutal invasion:

(source Radio Thessaloniki:

«Four squads of ΜΑΤ came from Poligyros. The church-bells of Ierissos tolled, the entire village gathered in the entrance of Ierissos. When the MAT entered the village, MAT (police elite forces) threw and are still throwing a rain of tears gasses, even inside the high school of Ierissos. Children are fading, old men are fading. It is chaos. Blockades… Old men are falling down, they cant breath, houses are closing houses so tear gasses wont enter. A rain of teargases. It is virtually a state of war. We ask for the help of free democratic people. We ask for their help. Ierissos is too small a place to endure such a great burden. Please help us”   


“They threw smoke bombs in the entrance of the school which created issues for children with respiratory problems. I have now in my office an unconscious schoolgirl and a lady who came for her child and I can’t – the dispensary is nearby and I cant offer any help- I cant reach the doctor and the doctor can’t come to the school because there are teargases outside… We are very disturbed, excuse me I have to go back and check out on the rest of the children”






“They have thrown us teargases inside the school, we have kids who have respiratory problems. Please, help us. We keep the children inside the school to protect them. Their parents are classing with the MAT in the square of Ierissos. Someone stop this.

(Voices of children are heart. The schoolteacher cries out loud: Everybody get inside: EVERYBODY INSIDE NOW). As we speak the MAT are outside of the school. What kind of a State exposes kids to such a danger? I am calling from Chalkidiki. Chalkidiki. I don’t know if you know it”.


“.. An entire army. People have gathered because they were afraid as they saw the MAT. The school is in panic. Children are afraid, some have suffered anxiety attacks. They are throwing chemicals inside our school, inside our houses, inside our village. We keep the children inside the school but it is not easy to keep 300 children inside a school when they know the parents our out there and in danger. It’s a tragedy. We ask for help. WE ASK FOR HELP.”


A total of 8 people have been shortly abducted from the MAT. That is a clear case of “forced disappearance”, a crime against humanity. Prime minister Samaras and minister Dendias will have to answer at some point of time for crimes against humanity.

 About the writer: Petros Arguriou is a Greek free-lance writer and analyst.

A clear case of medical misconduct turned into a scientific triumph

March 5, 2013 § 2 Comments

Rico and Lindsey nagelA clear case of medical misconduct turned into a scientific triumph

By Petros Arguriou (

Since AIDS was artificially upgraded to a public health menace, there has been a conflict between AIDS establishment dictates and patient rights.

The AIDS patient has two choices: either he conforms to the AIDS dictates, or he is forced to conform.

There have been amble examples of these big brotherish tactics. We thought that the AIDS dictatorship had run out of cruelty when we learned that orphans were forced fed AIDS experimental drugs in the Incarnation Children’s Center (

Not quite so.

Patient rights violations continue to occur. And the violation of rights extends to the sphere of civil rights and basic human rights. An AIDS patient is faced with the gruesome possibility of being denied his right to be a parent. This is clear in the case of Rico Martinez Nagel, a baby who’s punishable by death crime was that he we was born to an HIV positive mother who refused to conform to the AIDS dictates.  Rico’s mother, Lindsey had a very good reason to not do so: diagnosed with HIV when she was an infant, she was a victim of an presumably anti-AIDS treatment that made her so sick that her foster parents were forced to stop it.

Lindsey survived despite the doctor’s conviction that she would die if the parents took her off the AIDS treatment. She became a mother. And her boy was abducted by the authorities so that it would enjoy the “privileges” of AIDS treatment. Arrested growth, sickness and rapid health debilitation.

That is what is happening to Rico right now (for more on the Rico story read his grandparents testimonies and plea for help:

A baby has been abducted and is being force fed with chemicals. Not even the Colombian mafia would resort to such tactics. But the Aids establishment lacks such moral restraints. When it wants something it gets it. No matter what.

There are a few things though that the AIDS establishment failed to obtain, now matter how hard it craved for them: A cure and a vaccine.

In a peculiar twist of fate, the AIDS establishment mounted by accident or purpose a response to the challenges created by Rico’s plight.

It miraculously found a cure for AIDS!

Well actually it did not found a cure. No new drug or vaccine was invented. In a clear violation of patient’s rights and even of AIDS protocols, a pediatrician gave a baby more of AIDS drugs sooner. Lets follow the NYT account of the story:

“Doctors announced on Sunday that a baby had been cured of an infection for the first time, a startling development that could change how infected newborns are treated and sharply reduce the number of children living with the virus that causes AIDS.

The baby, born in rural Mississippi, was treated aggressively with antiretroviral drugs starting around 30 hours after birth, something that is not usually done”

“The mother arrived at a rural hospital in the fall of 2010 already in labor and gave birth prematurely. She had not seen a doctor during the pregnancy and did not know she had H.I.V. When a test showed the mother might be infected, the hospital transferred the baby to the University of Mississippi Medical Center, where it arrived at about 30 hours old.

Dr. Hannah B. Gay, an associate professor of pediatrics, ordered two blood draws an hour apart to test for the presence of the virus’ RNA and DNA.

The tests found a level of virus at about 20,000 copies per milliliter, fairly low for a baby. But since tests so early in life were positive, it suggests the infection occurred in the womb rather than during delivery, Dr. Gay said.

Typically a newborn with an infected mother would be given one or two drugs as a prophylactic measure. But Dr. Gay said that based on her experience, she almost immediately used a three-drug regimen aimed at treatment, not prophylaxis, not even waiting for the test results confirming infection.

Virus levels rapidly declined with treatment and were undetectable by the time the baby was a month old. That remained the case until the baby was 18 months old, after which the mother stopped coming to the hospital and stopped giving the drugs.

When the mother and child returned five months later, Dr. Gay expected to see high viral loads in the baby. But the tests were negative.

Suspecting a laboratory error, she ordered more tests. “To my greater surprise, all of these came back negative,” Dr. Gay said” (

Now, let us do a reality check.

Dr Gay, confessed that she started the treatment on the baby prior to getting the test results she ordered as clearly indicated by the relevant paper presented in the 20th Conference of Retroviruses and Opportunistic infections:

“We report a case of functional HIV cure in a 26-month-old infected child who initiated ART at 30 hours of age.”

“Infant infection was confirmed by positive HIV DNA and RNA testing on 2 separate blood samples obtained on the 2nd day of life”

The good doctor did not hide the fact of her grave medical misconduct: As reported: “A doctor gave this baby faster and stronger treatment than is usual, starting a three-drug infusion within 30 hours of birth. That was before tests confirmed the infant was infected and not just at risk from a mother whose HIV wasn’t diagnosed until she was in labor.

“I just felt like this baby was at higher-than-normal risk, and deserved our best shot,” Dr. Hannah Gay, a pediatric HIV specialist at the University of Mississippi, said in an interview.” (

Now. I admire brave doctors. Doctors who do what they have do no matter what.  I always did. As long as they know what they are doing and why they are doing it and as long as they explain to us what they did and why they did it. But this is clearly not such a case: A doctor giving  a 30 hours old baby stronger medication faster without a diagnosis, is clearly a case of medical misconduct. It also consists a clear case of involuntary medical experimentation.

A lot of serious questions are raised: How is it possible that informed consent was acquired by the mother of the infant in such a short period of time for a “treatment” never before attempted?

The good Doctor defied everything: she defied AIDS treatment protocols. She defied diagnosis. She defied patients rights. She defied informed consent. She defied international conventions on medical experimentation. Yet she was heralded as a pioneer by mass media.

All would be well, if the doctor’s arbitrariness and disregard resulted in a cure for AIDS. But we have absolutely nothing  to verify this: The only thing we have is a non peer reviewed paper and unverifiable claims by some experts. We know not the name, age, health condition of the mother.  We know not the general health condition of the baby at birth, during treatment and after treatment.

We know nothing.

Even hardliners high up in the AIDS hierarchy doubted the news of miraculous cure: ““The one uncertainty is really definitive evidence that the child was indeed infected,” said Dr. Daniel R. Kuritzkes, chief of infectious diseases at Brigham and Women’s Hospital in Boston.”


Yet millions of people heralded the news of yet another AIDS cure, based only on allegations with no hard evidence backing them up.

In my book, what the public opinion accepted with enthusiasm was actually not an AIDS cure: The public opinion embraced the demolition of patient rights,  human rights, applauded involuntary medical experimentation on infants and glorified a possible medical fraud.

AIDS is not going the end of our western civilization. A more dire epidemic is far more threatening and it is called ACTDS: Acquired Critical Thinking Deficiency Syndrome. When this disease is manifested upon a culture with a weakened morality, the prognosis is cultural mortality.

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