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Greek Deputy Prime Minister Calls Germans Racist; Believes Germans See Greeks As Bunch Of Lazy Drinkers And Dancers

Tyler Durden's picture




 

Just because attacking the nation that is critical to making sure your bailout package is instituted is always a good idea (together with the US and the IMF of course), the Greek Prime Minister has accused Germans of being "prejudiced and racist" in their treatment of Greeks. Apparently demanding fiscal prudence (or lamenting the lack thereof) is now equivalent to stereotyping based on the color of one's skin or something. Spanish newspaper El Pais reports that Theodoros Pangalos, who previously demanded reparations from the Germans for WW2 acts, in an interview with the Portuguese Journal of Business, claims German citizens still see Greeks as lazy, and that Germans are resorting to "racially motivated" reasons to avoid providing a bigger helping hand to Greeks. El Pais quotes Pangalos as saying: "Greeks have problems. But why? Because they did not work hard. And why did they not work hard? Because they have a lovely climate, music and wine, and are not as serious as the Germans."

Pangalos further states that German perception of the Greek economic debacle is not based on reality, and instead borders on the "ridiculous", concluding that German politician actions are more concerned with the outcome of near-term elections than preserving the stability of the euro.

In 2 months, when the IMF is scrambling in its attempt to pull a last minute bailout of Greece, and the topic is all the rage in the media, coupled with general disagreement over the use of American taxpayer dollars to enforce moral hazard in a country several thousand miles away, we wonder just what rationalization Pangalos will use to blame Americans at that point for being reluctant saviours, once all of Europe will have decided Greece is a lost cause, and that it should be America's obligation to save the EMU. Something tells us fat and lazy will just not cut it.

 

 

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Mon, 04/05/2010 - 17:36 | 287354 ratava
ratava's picture

they should get fired from the Eurozone. they are apparently gonna sabotage EUR with idiotic statements like this one until we get rid of them

Mon, 04/05/2010 - 17:36 | 287355 LeBalance
LeBalance's picture

Ahhhh....the shit sturrer for A gets up on his podium (purchased and maintained by the bankstas) and flings a raspberry towards the target in order to foment angst in the localized population against the target instead of where it belongs.  With themselves!

Haven't we seen enough of this to understand and poke him in the behind with a pointy stick (or the literary equivalent action) (check the box on that action).

Maybe a classic satire along the same lines will aid:

http://www.youtube.com/watch?v=tfaDz_wLNgY

 

Mon, 04/05/2010 - 17:36 | 287356 zenmeister
zenmeister's picture

As a concerned German citizen I can only conclude that the Greek deputy prime minister has been hitting his crack pipe a few times too often lately.

Mon, 04/05/2010 - 18:45 | 287470 Kataphraktos
Kataphraktos's picture

As a Greek, I can tell you Pangalos has been hitting the cack pipe for decades, but he still manages to weigh as much as a cow.

Mon, 04/05/2010 - 23:42 | 287990 badameli
badameli's picture

Agreed. Drink more ouzo, think less on consequences. Go Greece go. Party time. And when music stops and everything grinds to a halt and crashes... opa!

Tue, 04/06/2010 - 01:19 | 288118 Oracle of Kypseli
Oracle of Kypseli's picture

Let's see;

Great weather, Good Wine, dancing with friends.

You run out of money, you start working again. You start partying again.

Rince and repeat.

Where do we sign?

 

Tue, 04/06/2010 - 08:48 | 288351 cephalo
cephalo's picture

May you enjoy your mercedes, and the Greeks their history and culture.

And on your next sojourn in Greece, carefully search the dishes you eat.

Mon, 04/05/2010 - 17:40 | 287360 Mercury
Mercury's picture

Racism! Is there nothing it can't explain?  The universal key that unlocks so many mysteries!  Surely if we just look hard enough we can use it to unlock the secrets of cancer, cold fusion and the very origins and detiny of the universe itself.

Mon, 04/05/2010 - 22:13 | 287831 Missing_Link
Missing_Link's picture

+1

Mon, 04/05/2010 - 17:40 | 287363 non-anon
non-anon's picture

Ladies and Gentleman, Let's get ready to rumble!

http://www.youtube.com/watch?v=ITzbrNzVVmA

Mon, 04/05/2010 - 17:43 | 287368 damage
damage's picture

hahaha.. awesome headline

Mon, 04/05/2010 - 17:43 | 287369 GFORCE
GFORCE's picture

Ridiculous quote. If you want to choose lifestyle over work, don't rack up huge debts which require hard work to pay off. When the deputy prime minister is this dumb...

Mon, 04/05/2010 - 17:46 | 287373 mezcal
mezcal's picture

Nonsense.

In fact, the Greeks are highly energetic drinkers and dancers.

Mon, 04/05/2010 - 17:54 | 287383 cougar_w
cougar_w's picture

Tells me the Greeks are in worse trouble even than appears. This guy sounds completely unhinged, as if his neck were in a literal noose right now. And I wonder if maybe it is.

The telltale will be when Greek big-wigs start taking extended vacations to the UK. Get ready for the ship to go down at that point.

Mon, 04/05/2010 - 18:11 | 287414 ratava
ratava's picture

it would make sense, you know, Onasis and the whole shipping industry that evolved into trading/banking industry. Greece would make a wonderful AIG

Mon, 04/05/2010 - 18:14 | 287419 joelandsonia
joelandsonia's picture

Are we sure his name isn't Pangloss??   Talk about living in a fantasy world....

Mon, 04/05/2010 - 18:15 | 287423 mudduck
mudduck's picture

He will say "Americans drink beer which makes them cheap while Greeks drink ouzo which makes me, err I mean us, err not cheap, so therefore Americans are racist against not cheap ouzo drinkers, and thus are clearly deeply against Greece, dancing, ouzo, 14 month pay for 11 month work, and less than 7% 10 year bonds for any one but their cheap, selfish, beerburping assed selves. Those damned Germans and speculators,and Americans hate us because we are.........blah,blah,blah.

Mon, 04/05/2010 - 18:32 | 287448 cougar_w
cougar_w's picture

Exactly. Right down to the "...blah blah blah!" during which he will pound his fist on the podium to make his point.

I can't wait for that. Worth 1 million views on YouTube right there, that one.

I <3 Greeks. But their politicians are quite clearly nuts. Maybe their labor unions as well. Let's hope this whole thing blows over and they can go back to being the sleepy, eccentric but excitable uncle we like to visit once a year.

Mon, 04/05/2010 - 21:49 | 287794 Postal
Postal's picture

Uh, the "eccentric but excitable uncle" who is never left alone with the kids?

Mon, 04/05/2010 - 18:27 | 287438 Cindy6
Cindy6's picture

Tyler, funny as it is, the wine and music quote has been taken out of context. Pangalos was alluding to the German perception of Geeks, not his own opinion. The "racial motive" theme was entirely his baby though.

Mon, 04/05/2010 - 21:48 | 287792 Postal
Postal's picture

No, not out of context: "You won't lend us money because you don't think we'll pay it back!" is a rational argument. Greece should be VERY concerned about what international money-holders think of their work ethic (just as our local bank should be about us). Instead of criticizing the Germans, he should be working to address their concerns.

Mon, 04/05/2010 - 18:28 | 287441 AR15AU
AR15AU's picture

Hey, it worked for Obama....

Mon, 04/05/2010 - 18:31 | 287444 ewmayer
ewmayer's picture

"How dare these sausage-eating Nazi racists tell us how to live our lives? They should shut their sauerkraut-sucking pieholes and pay ... war reparations, and stuff."

Mon, 04/05/2010 - 18:31 | 287446 1fortheroad
1fortheroad's picture

Nonsense, The Greeks have not yet begun to defile themselves. 

Mon, 04/05/2010 - 18:39 | 287458 lawton
lawton's picture

Germans drink beer almost non-stop even while working at many jobs (construction workers did when I was stationed there in the late 80's/early 90's anyway) so why would they make that comment as an insult anyway ?

Mon, 04/05/2010 - 18:42 | 287462 Ripped Chunk
Ripped Chunk's picture

Next, they assassinate the Archduke!

Mon, 04/05/2010 - 18:50 | 287477 ewmayer
ewmayer's picture

@Ripped Chunk:

"Yah, I am Hans ... und I am Franz Ferdinand ... und we are heah to pump up youah borrowing rates."

 

It seems "The Greeks have lost their marbles" isn't just a reference to Lord Elgin and the British Museum anymore.

Mon, 04/05/2010 - 19:15 | 287509 knukles
knukles's picture

+10
Lost thier Elgin Marbles.  Could only be better had display been in Berlin. 

Mon, 04/05/2010 - 19:08 | 287498 ZackAttack
ZackAttack's picture

Tell me, are European politicians always such enviable models of efficacious and stalwart leadership in times of crisis?

Mon, 04/05/2010 - 19:09 | 287501 Zombie Investor
Zombie Investor's picture

I'm a bit confused by the term "racist" being used in this context.  Do the Greeks have their own race classification?

Mon, 04/05/2010 - 19:13 | 287504 knukles
knukles's picture

Since when are Greeks and Germans races, for crying out loud?  Like being called a member of the immoral dog race because I'm from the Winter Home of the Great Satan and represented by Nancy Pelosi.

Europe is the dumbest country on earth. 

Mon, 04/05/2010 - 19:29 | 287531 Jake3463
Jake3463's picture

The IMF will be too busy in Californian and New York State by that time.

Mon, 04/05/2010 - 19:46 | 287548 Mr.Kowalski
Mr.Kowalski's picture

This is from the Deputy PM.. ie.. Greece's Vice President, a high ranking official who should know something about politics and diplomacy.

I've come to the honest belief that Greece fully believes it will default and is looking for external scapegoats, and the Germans are prime target number one.

Problem is, they still won't escape a grinding depression like the Irish did. I'm beginning to believe this country and it's petulant, spoiled people truly deserve what's coming.  

http://themeanoldinvestor.blogspot.com/2010/03/update-326.html

 

Mon, 04/05/2010 - 22:32 | 287864 Lionhead
Lionhead's picture

Exactly; out of all the comments posted, you get it. No sovereign will or wants to pay off its debts. When faced with a choice, they will default. History is littered with examples of sovereign defaults. Pick your century.

So then, how does one set it up?  Why of course, with scapegoats to assign the blame. For the Greeks it's those damn racist Germans. This will eventually happen to the USA as QE warps into QE 2 & QE 3, et al. It's just a matter of time & exponential compound debt interest.

Mon, 04/05/2010 - 20:13 | 287604 MarketTruth
MarketTruth's picture

The Greeks have no physical gold holdings huh? Too bad the Germans did not give them some. Oh well, he who has the gold makes the rules.

Mon, 04/05/2010 - 20:21 | 287626 dondonsurvelo
dondonsurvelo's picture

The Germans just like me want Greece to leave the EU so that they will have to abandon the Euro and go back to the dracma.  Vacations in Greece were the best when the dracma was the coin of the realm.

Mon, 04/05/2010 - 20:41 | 287664 ED
ED's picture

Imagine if you will, a world full of lazy drinkers and dancers

Mon, 04/05/2010 - 20:50 | 287685 Zombie Investor
Zombie Investor's picture

Drink, dance, retire at 54 - what's not to like?

Mon, 04/05/2010 - 21:32 | 287760 ED
ED's picture

Absolutely

Mon, 04/05/2010 - 20:59 | 287706 Shameful
Shameful's picture

I'll say it again I love the Greeks!  "Those Germans are racist because they won't give us money!!!"  I love this!  I don't know when SNL took over Greece but I appreciate it.  Hell who am I kidding this is way funnier then SNL has been in years!

Mon, 04/05/2010 - 21:01 | 287709 Stranger
Stranger's picture

Denial

Anger

Bargaining

Depression

Acceptance

Mon, 04/05/2010 - 22:13 | 287834 Trial of the Pyx
Trial of the Pyx's picture

nice

Mon, 04/05/2010 - 21:08 | 287722 Double down
Double down's picture

Athena and Hercules are the only Germans in the Greek mythos.  The rest are Greek.

I mean, come on, they even have a god for finance minister: Dionyseus.  

Mon, 04/05/2010 - 21:43 | 287777 Postal
Postal's picture

Next, the Germans are accused of attempting to capsize Cyprus. Film at 11.

Mon, 04/05/2010 - 22:14 | 287830 Pure Evil
Pure Evil's picture

Nah, fat, lazy, and racist will probably more than cut it. Look at the multi-trillion rat hole that Americans have thrown their hard earned money into, I think its called, "The Great Society" along with other endless welfare programs for minorities and illegal undocumented workers, all due to white guilt over concern of being called racist.

So, what's a few billion more $USD in order to add the Greeks to the welfare roles?

That fact that they are lazy, drink to much and refuse to work hard makes them a perfect candidate for Obama's socialist welfare society.

Tue, 04/06/2010 - 08:43 | 288345 cephalo
cephalo's picture

Pure Shite!

Sat, 04/10/2010 - 05:30 | 294377 mark456
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