"Vigorish" In Greece

Rocky: “Break his thumbs”

“Vigorish” does not mean the Greeks are feeling invigorated after their stunning Fifth of July vote against austerity measures. The vigorish, also called “the vig”, is the interest taken by the loan shark. It is also called the “juice”, as in “juice loan racket.” [1]

In the movie Rocky, the Italian Stallion is employed as an enforcer for a shady juice loan racketeer. Rocky is sent to collect the vigorish and ordered to “break his thumbs” if the sucker doesn’t have the money. The man only has $130 of the $200 “juice” he must pay, but Rocky is too kind-hearted to break his thumbs. Rocky’s boss, the racketeer, chastises Rocky for this, as can (hopefully) be seen in the video clip above.

Greece defied the racketeer, the big bankocracy, when it voted against austerity measures on July 5th. The “rep”, the “street cred”, of the bankocracy is on the line. Greece must be made to suffer big-time, as a warning to any other European nations who might otherwise decide, “If Greece can do it, so can we.” And so “Rocky” is being sent to “break his thumbs.” Reports the Daily Telegraph (UK), “European Central Bank tightens noose on banking system as creditor powers punish Greece.” [2]

Says the shady racketeer to Rocky in the 1976 hit movie: “Do what I tell you to do, because it’s bad for my reputation. You got it, Rock?”

The “street cred” of the European bankocracy has been insulted. “Go and tighten the noose,” order the racketeers. The United States and Germany are prepared to engineer a coup d’état in Greece, reports Kurt Nimmo of Prison Planet. To help prevent any thumb breaking, the Greek government is preparing to deploy the army alongside riot police to maintain order, under a plan code-named “Operation Nemesis”. Thumb breaker Victoria Nuland prepared the ground in Athens back in March, due to racketeer alarm that “the great euro debt crisis has begun to pose a geopolitical threat.” [3] But “geopolitical threat” is just the cover story. “Juice loan” enforcement is what it’s about. (Background on “Operation Nemesis”: “Opa!” In Greece, Ersjdamoo’s Blog, July 6, 2015.)

Thomas_Wolfe_Streetcar

The juice loan racket is depicted by Thomas Wolfe, in his novel, You Can’t Go Home Again. In a sleepy town in North Carolina, Judge Rumford Bland got most of his business from “the negro population of the town, and of this business the principal item was usury.” His “second-hand furniture store” was “nothing but a blind for his illegal transactions with the negroes.”

A negro in trouble, in immediate need of money to pay a police-court fine, a doctor’s bill, or some urgent debt, would come to see Judge Bland. Sometimes he needed as little as five or ten dollars, occasionally as much as fifty dollars, but usually it was less than that. Judge Bland would then demand to know what security he had. The negro, of course, had none, save perhaps a few personal possessions and some wretched little furniture–a bed, a chair, a table, a kitchen stove. Judge Bland would send his collector, bulldog, and chief lieutenant–a ferret-faced man named Clyde Beals–to inspect these miserable possessions, and if he thought the junk important enough to its owner to justify the loan, he would advance the money, extracting from it, however, the first instalment of his interest.

From this point on, the game was plainly and flagrantly usurious. The interest was payable weekly, every Saturday night. On a ten-dollar loan Judge Bland extracted interest of fifty cents a week; on a twenty-dollar loan, interest of a dollar a week; and so on. That is why the amount of the loans was rarely as much as fifty dollars. Not only were the contents of most negro shacks less than that, but to pay two dollars and a half in weekly interest was beyond the capacity of most negroes, whose wage, if they were men, might not be more than five or six dollars a week, and if they were women–cooks or house-servants in the town–might be only three or four dollars. Enough had to be left them for a bare existence or it was no game. The purpose and skill of the game came in lending the negro a sum of money somewhat greater than his weekly wage and his consequent ability to pay back, but also a sum whose weekly interest was within the range of his small income.

“Enough had to be left them for a bare existence or it was no game.” The juice loan racket has expanded since Thomas Wolfe’s time (1900 – 1938). Now entire nations are targeted by the racketeers. Countries such as Greece must pay the vigorish to the loan shark and are allowed only a bare existence for themselves, i.e., the austerity measures. But Greece has lately become “uppity” and has told the loan shark the terms are flagrantly usurious. The “street cred” of the European bankocracy is being dissed. Unless Greece is made to suffer for its impunity, the rest of the “negroes” (e.g., Spain) might decide they too can be “uppity.” And so the collector, bulldog, and chief lieutenant is being sent to break some thumbs. All “eminently respectable”, of course, like Judge Rumford Bland.

——- Sources ——-
[1] “Vigorish”, Wikipedia, July 7, 2015.
[2] “European Central Bank tightens noose on banking system as creditor powers punish Greece”, by Ambrose Evans-Pritchard & Mehreen Khan. Telegraph (UK, online), July 6, 2015.
[3] “US Preparing Coup to Prevent Greece from Falling Under Russian Influence”, by Kurt Nimmo. Prison Planet, July 6, 2015.

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About ersjdamoo

Editor of Conspiracy Nation, later renamed Melchizedek Communique. Close associate of the late Sherman H. Skolnick. Jack of all trades, master of none. Sagittarius, with Sagittarius rising. I'm not a bum, I'm a philosopher.
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