Peter's Viewpoint

My blog spot, my mind, your time, and hope for the better

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Last Blog from

I have finally decided to stop writing new blogs as I am certain that others like myself are tired of the ridiculous state of government in Greece and abroad, as well as the social unrest caused by fake news and disunity of social media.

Instead, I wish all of my readers well, and hope that you find the time to enjoy life.

My best to all,

Peter A. Bournias

Over Taxation by Governments Must be Declared Illegal

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Limit Government Spending to Prevent Global Slavery

Did you know that based on what the Greek government, Europe, and the IMF is doing with regard to taxation that there is no maximum legal taxation by any government when compared to pensions?

This means that with the current system Greek retirees face expulsion from their own homes because taxation is beyond their ability to pay.

2016 Comparison of taxation
Germany Greece
Individual income 0 to 45% 22 to 42%*
Individual tax allowance 8,652 2,100**
Solidarity tax 5.5% 0 to 10%***

* First 20,000 is taxed at 22%, an additional 100% of current tax is required as prepayment for next year.

** 2,100 for taxpayers with three children.

*** The general population does not know where or what or how this money is being used.

In addition to these taxes, the government levied a real estate or property tax called ENFIA.  The yearly amount averages over 2,000 Euros for most families which is required to be paid during the last four (4) months of the year plus the first month of the new year.  At the same time, the average pension being about 12,000 Euros per year less the cost of living (food, utilities, medical, pharmaceuticals, not to mention children) are forced to reduce everything to be able to pay the ENFIA for fear of lossing their homes.

Over taxation is creating poverty even though people who are legitimate home owners and who having nothing more than a pension for income are now threatened with the possibility of lossing their homes.

I am not referring to people who have bought homes when prices where bloated and with a minimal or no down payment.  That category of home owner is doomed to have their homes sold by the banks and will unfortunately have to accept that the loan that they repay is nothing more than rent.

You might say, "well they can sell their homes", but at the same time the government has destroyed property values by over 45 percent which means that a home owner would be giving their home away.

See the Greek newspaper TO BHMA Sunday business section January 14, 2018 front page heading "Βγάλτε από τα σπίτια τους πρώην ιδιόκτητες" which means "Throw them (home owners) out of their homes", which the government of Syriza claims is an order by the ΕΚΤ wich is the European Central Bank (ECB).

My point of view is that taxation must not be more than a small percentage of a pension for those that have no other income.

"The legal definition and the economical definition of taxes differ in that economists do not regard many transfers to governments as taxes. For example, some transfers to the public sector are comparable to prices. Examples include tuition at public universities and fees for utilities provided by local governments."
According to information on Wikipedia.

"The levying of taxes aims to raise revenue to fund governing and/or to alter prices in order to affect demand. States and their functional equivalents throughout history have used money provided by taxation to carry out many functions. Some of these include expenditures on economic infrastructure (roads, public transportation, sanitation, legal systems, public safety, education,[3] health-care systems), military, scientific research, culture and the arts, public works, distribution, data collection and dissemination, public insurance, and the operation of government itself. A government's ability to raise taxes is called its fiscal capacity."

"When expenditures exceed tax revenue, a government accumulates debt. A portion of taxes may be used to service past debts. Governments also use taxes to fund welfare and public services. These services can include education systems, pensions for the elderly, unemployment benefits, and public transportation. Energy, water and waste management systems are also common public utilities."

"The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, and that there is a rate between 0% and 100% that maximizes government taxation revenue."

This economic theory for those who believe economists proves that over taxation means little or no revenue for governments.

"Hauser's law is the proposition that federal tax revenues, in the United States, since World War II have always been approximately equal to 19.5% of GDP, regardless of wide fluctuations in the marginal tax rate."

Hauser's law  means that no matter what the government spends they will levy taxes based on a rate that they set.

W. Kurt Hauser is the author of Taxation and Economic Performance (Hoover Press, 1996); his research on the relationship among tax rates, federal government revenues, and economic growth has become known as Hauser’s Law.  For the past decade he has devoted his time to researching the origin, evolution, development, and ubiquity of global slavery.

Even Denmark, part of a real socialistic framework, has a "Maximum income tax level which is the sum of all income tax percentages (municipal income tax, state income taxes and the central government income tax financing health care in the Regions called health care contribution (Danish: Sundhedsbidrag)) cannot exceed 51.5%."

So if we assume that taxation is levied based upon productivity then the Greek government is illegally over charging its citiizens with the help of Germany and the EU as its supporters to promote public administrations is favor of its pseudo socialism which does not more than insure jobs for votes.

There must be a cap to the spending and costs that a government and it must be either a set percentage or less than 10 percent of the GDP.

According to OECD:
"Tax revenue is defined as the revenues collected from taxes on income and profits, social security contributions, taxes levied on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other taxes. Total tax revenue as a percentage of GDP indicates the share of a country's output that is collected by the government through taxes. It can be regarded as one measure of the degree to which the government controls the economy's resources. The tax burden is measured by taking the total tax revenues received as a percentage of GDP."

OECD data "general government spending is basically defined, as a share of GDP and per person, provides an indication of the size of the government across countries. General government spending generally consists of central, state and local governments, and social security funds. The large variation in this indicator highlights the variety of countries' approaches to delivering public goods and services and providing social protection, not necessarily differences in resources spent."

Greece which is only a country of 10M people is the top 3rd in the chart while its revenue is less than that for the year 2015.

In essence, countries like to hide what they do by creating differences that cannot be easily compared.
If you search for "government spending" or "maximum limit government spending expenditure" you will see that they have created a least two different sections.  One for general government spending and one for central government spending which are then broken into mandatory and discretionary spending.

Once again Greece over spends at the cost of taxation paid by the people as shown in Table 3. List of Countries as a rank % of GDP to which Tax burden % GDP is 31 and Govt. expend. % GDP is 52, spending almost double its revenue at the cost of taxpayers.

Therefore, in agreement with Hauser's law, we are all global slaves to taxation until governments cease  ridiculous discretionary spending and place limits on mandatory spending.

Need more proof, then see the paper on "The Impact of Government Spending on Economic Growth".

Education is deliberately being reduced by governments because they know that "knowledge is power", a aphorism which is from a Laconic phrase from the Greeks of Laconia, but in today's world, knowledge is available for everyone via the Internet, so make proper use of the information and legally fight for your rights.

If there is any justice then over taxation must be declared illegal!

Leading Causes of Death Inherited by Family Genealogy and DNA

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Family Genealogy Can Prolong Your Life

Not interested in your genealogy?  Maybe you should because it might just save or prolong your life.

Keeping family records may sound boring but in truth, it is interesting not just because it broadens your knowledge about who your relatives are but the history that your family has traveled through.

Looking through the Internet you will find an enormous resource of information on how to document your family genealogy to make it easier.  Don't be afraid to ask relatives how your grandparents and great grandparents died.  Even if they don't know the exact medical terminology, any clues can help you narrow it down and especially death certificates which may have a description of the cause of death.

While performing my own Greek family genealogy research, I began to notice some of the hereditary diseases that were common between my lineage and some that were common between other family members.

I decided to create this short list of the causes of death because after speaking with a few doctors, I learned that it is possible to inherit medical illnesses preexisting seven (7) generations.

That means that a person could theoretically inherit a disease from any of their parent's parents going back about 200 years, which of course is based on the DNA of the individual!

  • Heart disease
  • Cancer
  • Chronic lower respiratory disease
  • Accidents Unintentional
  • Stroke
  • Alzheimer and Dementia, theorized by past generation as decrepitude or senility
  • Diabetes
  • Influenza and pneumonia
  • Kidney disease (nephritis, nephrotic syndrome, and nephrosis)
  • Suicide
  • Obesity
  • Cystic Fibrosis
  • Sickle Cell Anemia
  • Marfan Syndrome
  • Huntington's disease
  • Hemochromatosis

Some of the above may not be directly inherited such as Dementia but may result from other inherited illness.

Accidents are not inherited, and suicide may be inherited according to cases were families have neurobiological problems.

I know that this may sound dismal and depressing but if we are to believe that life is wonderful then we should also want to know how to live healthier and longer.

In conclusion for those of you who are family genealogists, reexamine those death certificates and consult your doctor.


Wikipedia List of causes of death by rate

Causes of death over 100 years UK statistics 1915 to 2015

European Union (EU) Causes of death 2004 to 2014

The National Human Genome Research Institute Specific Genetic Disorders

MedicineNet Genetic Diseases Overview

GDPR new privacy and data protection law of the EU

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GDPR may limit open data

OPEN DATA may not be so open in the EU as of May 25, 2018.

A new set of rules will have a major impact on companies especially in the area of how data is processed, the time limits that data is kept, and how data is stored and accessed.

General Data Protection Regulation (GDPR) are the reference initials of the new privacy and data protection law of the EU.  It intends to increase data protection for all individuals within the European Union (EU).

General Data Protection Regulation

This will affect everything that will contain any information on individuals.

Fines up to 10000000 EUR or up to 2% of the annual worldwide turnover of the preceding financial year in case of businesses.

The GDPR Portal

The Greek government has not published any official material on the subject except for the Hellenic Data Protection Authority which means that it will be up to the lawyers and the courts to figure it out.

Links about

Hellenic Data Protection Authority in English

Αρχής Προστασίας Δεδομένων Προσωπικού Χαρακτήρα

Videos regarding GDPR

GDPR the new data protection law of the EU.

GDPR το νέο νόμο για την προστασία δεδομένων της ΕΕ.

Greek Politicians Save 11 Million Euros Killing 17 Citizens

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Seventeen Lives for 11 Million Euros

Greeks suffered a rain storm that created a deluge these past days in various parts of the country.  This is not what someone normally writes about in a blog but in this particular case, I am writing about it to demonstrate that Greek Politicians are Terrorists.

The events that took place this past week display the failure not only of the current government but of all the previous ones.  If the leaders did their jobs and took their responsibility seriously then the loss of sixteen, plus one more life today, and the loss of property, disgust, mortification and humiliation could have been prevented.

Rena Dourou, a member of Syriza, came into her position as the Regional Governor of Athens in the fall of 2014.  At that time she was aware of the problems that various areas have regarding sewerage and storm drainage.  Bids were requested and in the case of the area hardest hit, a proposal to hopefully correct the situation would require eleven (11) million Euros.  Since then Rena Dourou like most of the civil workers did nothing.

Mr. Tsipras recently returned from a meeting with President Trump.  He claimed to have gained an advantage of new jobs for Greeks but the truth is that he decided to go on a shopping spree buying aircraft and upgrades while Greece remains economically in the red, meaning that taxpayers once again would soon feel the pain of having the government attach itself like leeches to suck out whatever savings remain in our bank accounts.

The day after, Mr. Tsipras (I write Mr. because I cannot respect someone who was voted for as a Prime Minister based upon psychological disgust with other political parties) secretly travels to the area of Athens that was destroyed by the deluge to avoid the people.

Mr. Tsipras announced only one week ago that there was a surplus (referred to by him as a holiday bonus) of money in the amount of 1.9 billion Euros that he would allocate to the taxpayers by giving us a "gift" of eliminating one payment of a real estate tax known as ENFIA and returning illegal health insurance contributions.  Once again he lied because less than 800 million will actually be returned to the taxpayers.

One would think that Rena Dourou would (or should) step down by resigning but this is typical among Greek politicians and has not happened and probably will not.

Today many families in the west of Athens have been destroyed by the loss of their homes, their personal property, their self-esteem, and the lives of their loved ones who were found dead because the Greek government did not want to spend eleven (11) million Euros.

What would you feel or do if you had a government with no method of impeachment?

What would you feel or do if you had a government with no method of punishing the leaders of your country?

The Greek government should put these citizens in hotels until the government compensates them or do they have a lower status than the immigrants who have been catered to by Greece because the Greek government is paid by Europe to keep them here.

Another question is whether or not the Greek government will compensate the people or will the Greek courts and law-makers simply dismiss this as an act of nature.

As the economies of most Greeks does not allow them to have insurance coverage, the government usually offers a total of 200 Euros for the destruction of their home from an earthquake.

The Greek government charges all taxpayers a Solidarity Tax.

Does the left wing Syriza even knows what the word solidarity means?

Solidarity, a union of interests or purposes or sympathies among members of a group.  This is nothing more than a another way of siphoning more money from over-taxed citizens.

The Greek people must change their beliefs that Greek politicians are a means to their livelihood and must demand that laws made by politicians to protect themselves must be changed and voted upon by the people and not the politicians.


Greeks Clean up, Mourn after Floods Kill 16; 4 Still Missing

Using Overtax Revenues, Greek PM Tsipras Hands Out Holiday Bonuses

Adaptation of the radical rules of Saul Alinsky by Syriza

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Syriza is Destroying Greece

Another concept of a social state that bridges left wing and communist ideas.

"POWER TACTICS" by Alinsky outlined in his 1971 book Rules for Radicals.

Always remember the first rule of power tactics: Power is not only what you have but what the enemy thinks you have.

Syriza claims to control negotiations with Europe and the IMF.

The second rule is: Never go outside the experience of your people. When an action is outside the experience of the people, the result is confusion, fear, and retreat.

Syriza creates chaos by interveening in the school system and patriotism.

The third rule is: Wherever possible go outside the experience of the enemy. Here you want to cause confusion, fear, and retreat.

Syriza promotes fear through the escalation of media with Turkey.

The fourth rule is: Make the enemy live up to their own book of rules. You can kill them with this, for they can no more obey their own rules than the Christian church can live up to Christianity.

The fourth rule carries within it the fifth rule: Ridicule is man’s most potent weapon. It is almost impossible to counterattack ridicule. Also it infuriates the opposition, who then react to your advantage.

Syriza continues to humiliate other political parties blaming them for the past while at least half of Syriza is made up of those political parties.

The sixth rule is: A good tactic is one that your people enjoy. If your people are not having a ball doing it, there is something very wrong with the tactic.

Syriza faults Germany to the Greek people as the controler of economic evil to sustain its position politically.

The seventh rule: A tactic that drags on too long becomes a drag. Man can sustain militant interest in any issue for only a limited time, after which it becomes a ritualistic commitment, like going to church on Sunday mornings.

Syriza supports Madoura of Venizuela.  Is it possible that his goal is to make Greece like Venizuela?

The eighth rule: Keep the pressure on, with different tactics and actions, and utilize all events of the period for your purpose.

Syriza claims that Greece is progressing and will be completely free of outside control soon.

The ninth rule: The threat is usually more terrifying than the thing itself.

Syriza fears direct attacks as has happened to Nikos Toskas, minister of Citizens' Protection and Georgios Katrougalos, minister of Labour and Social Affairs, and others.

The tenth rule: The major premise for tactics is the development of operations that will maintain a constant pressure upon the opposition. It is this unceasing pressure that results in the reactions from the opposition that are essential for the success of the campaign.

Syriza eliminates the raising of the Greek flag and national anthem, and morning prayer at schools.

The eleventh rule is: If you push a negative hard and deep enough it will break through into its counterside; this is based on the principle that every positive has its negative.

Syriza plan B with Varoufakis still continues to loom with the desire to return to the Greek currency of Drachmae bringing false information and hopes to the Greeks who do not understand the consequences.

The twelfth rule: The price of a successful attack is a constructive alternative. You cannot risk being trapped by the enemy in his sudden agreement with your demand and saying “You’re right — we don’t know what to do about this issue. Now you tell us.”

Syriza along with all other Greek politicians will never admit to being wrong.

The thirteenth rule: Pick the target, freeze it, personalize it, and polarize it.

The target or competition of Syriza's Alexis Tsipras is Kyriakos Mitsotakis of New Democracy as he is the next possible candidate to lead Greece.

Did you notice that he used the word "enemy" 4 times? It actually refers to anyone that does not agree with his style of leadership.

If the Greeks vote for Syriza or any other left wing political party in the next election then they deserve what will happen to them afterwards.

Syriza, The Coalition of the Radical Left

Greek Gun Laws Fail Child

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Inconsistency of European Gun LawsDuring the years that I have lived in Greece I learned that there are many traditions, so of which were good and others bad.  One of them includes the firing of shotguns at celebrations such as marriage.

Maybe back in the old days this tradition was spectacular and held a fantasy of creating a closeness or bond of the people involved but today it is looked upon as a civil threat.  Many people know that this custom was more common on the island of Crete but many do not know that it happens elsewhere in Greece.

The Greek law on weapons is supposedly very restrictive.  Most weapons sold in Greece are shot guns because the Greek government does not want what they call single bullet weapons being available to the general public.  This does not mean that single bullet weapons or even machine guns are not legally available because the police and specifically licensed citizens carry them.

Gun control, sales, and usage in Greece
Over the years, numerous killings have taken place in Greece, maybe not at the same levels if one likes the use of numbers and statistics as in other countries, but that does not give any killer or killing an exemption.

Now with the economic crisis, the crime rate is soaring, ranging from breaking into homes of the elderly to small groups raiding businesses and stealing safes to break into them offsite somewhere else.  These criminals have guns ranging from pistols to AK-47's.

The effectiveness of the police has been reduced by the cutbacks of the government to the point where police officers have to buy their own bullets.  I have experienced break ins twice at our home and in both cases the police arrived after 40 minutes.

So who does gun control favor in Greece?  The criminals, they buy their weapons illegally and fire them whenever and wherever they please.

A ten (10) year old child was killed while at school in Menidi, Athens the other day, he was in the school yard when a bullet struck him in the head.  Apparently the bullet came from a weapon being shot into the air by someone nearby.

As usual, the government moved forward on the issue after it hit the news sending police to search house to house for the culprit and the weapon.

Gun laws vary from country to country in Europe which reflects the inconsistency of European laws.

Today, the people of Menidi, and other areas, live in fear and who see their area as a threat are now taking the law into their own hands because they fear for their children as well as their own lives.

One has to question the validity of gun laws especially when the threat of violence and outlaws increases.

Stray bullet kills 11-year-old boy during celebrations to end school year in West Athens

Germany Terrorizes Countries Leaving the EU

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German Occupation Will Continue Using the EuroGermany's control of European growth through austerity is in its own favor as it controls the majority of business services and factory production.

Every country in the EU has increased VAT taxes to over 20 percent except Germany which is at 19 percent.  This alone has provided more business to Germany especially for countries that are at the 25 percent level through purchases over the Internet.

I know this for a fact because I ordered a piece of equipment that I found was available here in Athens for about 500 Euros excluding the 24% VAT tax.  Additionally, I asked the dealer to provide a quote for shipping which came to 15 Euros, as I did not want to carry the item from the central Athens market to my home.  At the same time, I ventured to the German Amazon site and found the same item for slightly less amount with the VAT tax of 19%.  The shipping from Germany by a known courier service was nine (9) Euros, believe it or not.

Nowadays it has become extremely difficult for anyone in Greece to make purchases from Europe due to the capital controls stopping credit card transactions.

In the Greek newspaper the BHMA, the business section PROGRESS (ANAPTYXH) this past Sunday there was an article about a study of who would lose if any country considers leaving the EU as Britain has done.

Of course Portugal and Greece would be the top contenders if they decide to leave the EU because they would incur losses of around 50% by returning to their original currency.

The least loss would be Germany roughly losing around 5% which shows that once again they have nothing to fear.

All of the above is why the European Union is a failure.  It was started as an economic union to provide global business throughout Europe which was being conducted even before the EU was establish.

Today the markets are in chaos as more and more businesses have migrated into Germany because of lower taxes along with more Europeans who are immigrating there because they can no longer find work in their own countries.

I do not know the origins of the Greek article but I believe that with France now entering the arena of economic downfall, that this article and its analysis was produced in northern Europe.

Here is a glimpse of the chart.

Greece and Greeks already know the economic brutality that I am sure is felt by other southern European countries, so I welcome the rest of Europe to join us soon as misery loves company!


The following is an article on what Europe has done to destroy Greece.

Open Letter to the People of Greece: You Are Being Slaughtered before the World’s Eyes

Another article from the Economist - Leaving the euro would be devilishly difficult

Greek Elections Now Syriza Must Go

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Corruption in the Political Party of SyrizaThe damage to the Greek economy has become intolerable and yet the left wing political party of Syriza continues to deploy fake news that Greece is progressing.

Social media and fake news have become synonymous and it equates to political bullshit regarding the finances of Greece.

Syriza has manipulated the use of money for the immigrant crisis routing it toward municipalities and using the excuse that it is to help immigrants in different areas when in actuality it is targeted for new employee hiring to once again insure votes for jobs.

At the same time, while Greece's debt is currently around 300 billion, Syriza has asked for another loan to allegedly use for the benefit of the Greek market.  It appears to be another ploy to cover up the current lack of funds while they claim that the Greek market is progressing positively toward recovery.

Are the IMF and the EU auditors turning a blind eye toward this?
Why are the IMF and the EU not seeing the misdirection and misuse of funds?

Could it be that they do not want to admit that the political leaders of the EU are also involved in misdirection and misuse of funds through the non-profit organizations that attain Greek volunteers to do their work?

Why doesn't the EU publish how much money they give to NGO's by country so that everyone can see what is really being spent as compared to how the immigrants are living?

Syriza is producing press releases claiming that the government will close the open issues that the IMF and the EU have requested over the years, once again Euclid Tsakalotos the finance minister of Syriza has announced that the issues will be delayed until April 2017, using the excuse of renegotiation, that will force Greeks into more desperation into 2019.
These excuses have caused continuous drawbacks toward the use of capital by business and the lack of investment.

The Hellenic Statistical Authority known as ELSTAT is supposed to provide up-to-date information about the Greek economy but if you look at their website you will see that the dates of the information provided is months outdated as if they don't have modern computing facilities.

Comparing unemployment based upon the number of applicants that claim unemployment is ridiculous because anyone who is not going to receive benefits simply won't go to declare themselves as unemployed.

Why aren't they including an analysis comparing unemployment using income tax returns where individuals claim no income?

Syriza created a new law, as if Greece didn't have enough of them, giving themselves tax exemptions similar to that of previous political parties!  Are there no politicians that are patriots in Greece?

The following image displays the salary of some Greek politicians.
On the left it shows 89,180 Euros plus additional amounts for:
retirement fund
addition for their children
travel expenses
postal expenses
office expenses
Totaling an addition of 7,431.71 Euros
Of which the following are deducted:
Taxes (monthly with yearly total)
a solidarity levy (monthly with yearly total)
Totaling a deduction of 7,978.56 Euros

In other words, they are paying less than 10% of their total yearly salary towards taxation while on the right shows that regular employees with the same salary pay 37,050 Euros in taxes.
That amounts to 4.6 times more than the Greek politicians.

It is time for Syriza to resign!


Greek statistics

The following link is in Greek.

Funds provided by the EU for immigrants

Greek Tax Authority Cheats Tax Payers

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Greek Tax Authority Cheats Tax PayersHere is why the Greek people do not trust the Greek government and the tax authorities.  The other day I thought myself unfortunate to have to go to the Greek tax authority in my area.  I would later learn that I would actually receive a refund, better late than never.

I caught a discrepancy between taxes charged and my payments.  After collecting the necessary information, I decided to send the Greek tax authority a message through their automated TAXIS system.

The message included every piece of information that would be necessary for a tax agent to make the correction, and then I waited for an answer.

Interestingly, the answer came the next day but the person who responded simply said that they could not make the correction without me going to the tax office.
I expected this was going to be their typical answer.

The next day I visited the tax office with the same information printed from my computer.  I handed the printed page to the tax agent after learning which window I had to go to.  There is no information booth or kiosk at the offices of the Greek tax authority.
The agent ask me to explain even though everything was already written on the paper so I explained very quickly that I issued a payment using the previous month identification codes and therefore it should appear that the tax payment for the previous month was doubled.  The agent began to correct it on the computer screen and then printed 4 pages for the month in error along with the next 2 months, totaling 12 pages of paper.

I was astonished by the ridiculous waste of paper but this is only part of the tremendous waste and abuse of tax payer money that the Greek government continues today.

Then the tax agent instructed that I take the papers to another 2 windows, again the bureaucracy continues to have the paperwork stamped before I could finish.

Now the icing on the cake, at the last window, the tax agent informed me that my wife and I owed no taxes as a result of the payment correction.  Then the tax agent informed me that I have a credit amount of several hundred Euros.

Once again I was astonished as no one in their right mind would give the Greek tax authority more money than should receive.  I asked where did this credit amount arrive from and was told that there was another discrepancy at another time.

If you don't ask questions in Greece, you will never learn what is happening.

I asked when was this credit amount from and the tax agent informed me that it was from 2014.

So in other words, the Greek tax authority made a correction for some difference and never informs the public that they have a credit, they just use our money and don't say anything or issue a refund.  They do not even send you a notification through their computerized tax system.  Don't expect a telephone call or a notice through the mail because they never do that.

I requested the refund of the amount and was told that it could only be deposited into my bank upon providing my IBAN number.

I then asked if the amount included interest for the time that the tax authority had in their bank and was told no.

According to the law of Greek tax authority of 2014, if you owe the tax authority money, they will charge you compound interest of 0.73 percent monthly plus an additional ten (10) percent penalty charge for every two (2) months of delays.

I then asked the tax agent when the money would be deposited into my bank account and the tax agent said within two (2) months.

So the next time that you criticize a Greek for not wanting to pay taxes remember this story.


How debts soar by the tax authorities with the new exhaustive fines - tables and examples in Greek.
Πόσο ανεβαίνουν οι οφειλές στην εφορία με τα νέα εξοντωτικά πρόστιμα - Πινάκες και παραδείγματα

Trickle-Down Economics For or Against the People

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The Trickle-Down Economics Plot Uncovered

Trickle-Down Economics is the term that is causing havoc for the middle and lower class levels of society.

The super rich discuss it, the British have examined it, the Americans, even the Pope, and others are talking about whether or not trickle-down economic theory really works.

According to the BBC report and others the concept is not working and even worse it appears that because government officials were the first to latch on to the idea that the economy today is now deteriorating at a higher pace.

Having a strong background in technology it is easy to understand how some people can amass a fortune using the Internet but there are other markets that have created millionaires and billionaires in almost the blink of the eye.

While I have no qualms against the rich, my distrust of western politicians has risen through education.  Is it any wonder that the status of education is the “dumbing down” of the next generation.

One of the most interesting discussions is between Jacques Peretti and Nick Hanauer who states that even though he is rich, there is no way that he can spend enough of his wealth to influence the economy to the extent that the middle and lower class can.  During the discussion Nick Hanauer refers to plutocrats and says "We used to call it Divine Right – and now we call it 'trickle down'.

The aftermath of the global crash caused by Wall Street along with years of corruption by the Greek politicians brought the destruction of the economy; with austerity as the plan of the EU and the IMF are doing nothing but draining the life from its citizens and businesses.

The current government known as Syriza continues to raise taxes to an extreme while destroying property values thereby closing businesses and increasing unemployment.

The reason I mention the above is that in the show “The Super Rich and US” there is a reference that is very disturbing regarding the purchase of large properties by the super rich that causes the locals of the areas to lose not only their homes but the entire disintegration of the original areas to create new playgrounds for the rich.

Does this scenario predict the investment game that will raze the middle class completely?

There is a valid fear by some of the rich and that is the revolution of the majority.

This is as much an omen to them as the fear of the majority by the idea that they will be able to protect themselves by buying their own army to protect themselves.

There is a very wise ancient Greek saying “παν μέτρον άριστον” Latinized as “pan metron ariston” that translates to all things in moderation.

The solution to the current economic problem is a completely new global tax agreement that will not allow favoritism or give any advantage to any country, politician, or company.


How the rich become richer.

The image above is from the following article by The Independent.

The wealth that failed to trickle down: The rich do get richer while poor stay poor, report suggests

Why attack ‘trickle-down economics?’ It doesn’t exist – and never has done

An interesting TV broadcast on the BBC by Jacques Peretti discussing trickle-down economic theory with various people known as the super rich.  Among those there are some who provide thoughts about the positive and negative side of the decisions by government that support the idea.  After listening to this you decide, after all it maybe your fate as well.

The Super Rich and US

Pope Francis: Liberals love his 'trickle-down' takedown

List of ancient Greek phrases with English Interpretations

NGO or MKO it is Only Money Stupid

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Audit Non-Governmental Organizations NGO or MKOEver wonder what happens to the millions that are shoveled into Non Governmental Organizations that are supposed to be used for charitable causes such as the migrant refugees or other relief funds?

There are as many relief funds as there are governments willing to throw your tax money into the air without blinking an eye.

On the island of Mytilini also known as Lesvos, numerous Non-Governmental Organizations have display themselves as being there to help the immigrants while doing nothing more than having million euro coffee breaks.

While you may think that these are Greek established concerns the majority are from other European countries.  Greece is not alone when it comes to corruption.

Corruption begins wherever the distribution of money is unchecked.

The majority of NGO’s or as they are called in Greece MKO’s is the worse legally authorized scams comparable to receiving Nigerian emails requesting your bank account.

Why are there no set rules for operational costs? The minimum amount of the money that they receive that should be spent on the actually helping the migrant refugees or any other relief cause should be ninety (90) percent.

The NGO’s that are part of the problem will most likely have eighty to ninety (80 to 90) percent of their funds allocated to their wages with ten (10) percent remaining for the cause.

There must be a method to judge the value of what the goal of the organization is and what is actually being spent toward that goal.

I would recommend setting parameters by percentage to maximize its goal for wages and operating expenses versus expenses for the actual relief cause.

Penalties for failure or the improper use of funds must also be stated.

The Greek Version of NGO is known as MKO or Μη Κυβερνητική Οργάνωση.

It began under the guise of an international relief fund and the majorities that are started in Greece do so through strong political connections to share the profits of corruption.

They are quotes within the context that display how badly organized the entire framework of the NGO is such as “every international organization which is not supported by an international agreement” and that the role of the NGO is governed by “large groups”.

NGO's and MKO's should be investigated and audited for compliance.


UNHCR and NGOs: Competitors or Companions in Refugee Protection?

European NGOs

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US Non-Governmental Organizations

Μη κυβερνητική οργάνωση

Αποκλειστικό: Όλες οι ΜΚΟ, τα ιδρυτικά μέλη και τα ποσά