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Greece's New FinMin Warns "We Are Going To Destroy The Greek Oligarchy System"
Over two years ago, we first highlighted Yanis Varoufakis' perspectives on the destruction of Greece and Europe's bogus growth pacts. Since then he has grown in both reason and popularity as his no-nonsense discussons of the mis-design of the euro (and potential solutions) have made him the front-runner to be Syriza's new finance minister. Never one to mince words or play politics, Varoufakis tells Channel 4's Paul Mason in this brief (but chilling for Brussels) interview, what his party would do if it gets into government in Greece, and admits the prospect of power in Europe is "scary". As he sums up, "we are going to destroy the Greek oligarchy system," and with it, we suspect, much of the narrative that holds the fragile European Union together...
As Varoufakis previously explained,
The Troika is trying to suffocate us and to put pressure on the democratic choice by telling us: either you follow our requirements, or you will be cast into hell.
They actually have their own threats as exogenous circumstances of the situation, as they are simply part. They are trying to terrorize the Greek voters.
Doesn't seem like much middle-ground there.
But if no agreement is possible, or found?
So I say this clearly: “Death is preferable. “The real deficit in Greece, it is a dignity deficit. It is because of this lack of dignity that we have accepted stupid measures and this has fueled a vicious cycle of indignity which itself maintains discontent, fear and resentment. All this is not good. We must regain our dignity, spirit, October 28, 1940 made ??us say “no” to the ultimatum of Mussolini’s Italy. At this time, we do not have the means to say “no” and yet we did. (Note: 28 October 1940, the Greek dictator Metaxas refused by a “no” legendary submit to the Italian ultimatum In the war that followed, the Greeks pushed the Italian army. ). We must recapture the spirit of 28 October.
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Greek Swan AT 9 Oclock !!!
Better have the Defence Ministry ready to rock and roll also....
As the Grexit heated up, Turkish and Greek Fighter Jets engaged in Mock Dogfights
Utter bullshit...Varoufakis has been told by his masters to make such ridiculous statements to keep the ignorant masses in Greece totally distracted.
Greek sex all around boys! Pass the ouzo.
(Don't forget, everything is all about "give and take")
Yeah! No more shaving our backs for the bastards in Brussels!
Where the hell'd that sore come from?
We are the little people, hear us ROAR!
Death to the Oligarchy.
ROÀR!
So next we are going to be told we are going to get organized defaults. This should get interesting. I hope you picked the correct sized douche nozzle Mrs Merkel
Can you say CDS default?
I wish them the best of luck but I'll believe it when I see it.
Yep. I'd love to be excited by his words, but until I see the actions, I will reserve judgment.
Hi Yanis, Good sentiments!
Ever heard of Paul Wellstone?
Just a word to the wise, brother...
In the USSA, we are so jealous......
This is as it should be because the oligarchs will LOSE NOTHING. Defaults will be recoupled by the ECB and other CBs. He is right that this is just about control and keeping the little guy in debt.
Since January 2013 Varoufakis has been teaching at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin.
His next book currently has the working title: Reverse Alchemy: Europe on the Road to Disintegration.
His blog:
http://yanisvaroufakis.eu
Well, that's a very promising title; it sounds like he has the right idea, alright.
He's also a guest lecturer at the Whitey Bulger School of Business Management.
Meet the new oligarch
Same as the old oligarch
That does seem to be the theme with elections lately.
Would any Republican voters like to dispute that?
Yes, death to the Oligarchy and the Kleptoligarchy, in Greece and in the U.S. and many other nations.
"...and this has fueled a vicious cycle of indignity which itself maintains discontent, fear and resentment."
Isn't this the tactic used by the banksters/corporations/insurers and their complicit political and central bank lackeys the world over?
Hank Paulson: "We must bail out the financial markets or there will be tanks in the streets!" Yeah, like that. Fuck those people.
Yànus?
Drop the Y and you have something kinky going on.
Varoufakis sounds like Eurofuckis am I wrong?
By tomorrow noon, Pravda/US will have everyone convinced that this is good news.
This could easily turn into a Bevis and butthead skit.
t
Utter bullshit...Varoufakis has been told by his masters to make such ridiculous statements to keep the ignorant masses in Greece totally distracted.
--------------------------------------
lol. I'll match your bold utter bullshit and raise you. You keep posting your utter bullshit without a shred of evidence to back it up. I say YOU have been told by your masters to make such ridiculous statements.
What say you, Comte de FuckFace?
Varoufakis proofed to be an idiot in economical matters in soo many ways over the past years. It´s hard to believe someone made him professor at a university, but hey, this is Greece where everybody can become a prof if the bribes are high enough. He´s most likely just a shill of the ruling oligarchs or of the troika if those guys pay more. This will not end well for the Greeks if Syriza really just has such Clowns at hand to do such important jobs.
Well, we've got Bill Ayers as a prof:
FTA: "Much of the controversy about Ayers during the decade since 2000 stems from an interview he gave to The New York Times on the occasion of the memoir's publication, September 11,2001. The reporter quoted him as saying "I don't regret setting bombs" and "I feel we didn't do enough", and, when asked if he would "do it all again," as saying "I don't want to discount the possibility."
http://en.wikipedia.org/wiki/Bill_Ayers
He was a prof in Texas. Duh.
You are clueless.
90% of the people that post here simply assert their views without evidence.
When challenged, they repeat their original assertion, make further assertions, and, finally, attack you personally.
Also remember a lot of us can make assertions without evidence because we have seen the same thing over and over again. It is not some new issue that has arise. Just a different day usually coinciding with some satanic masonic bullshit.
"When challenged, they repeat their original assertion, make further assertions, and, finally, attack you personally."
Sounds like the way socialist Liberals argue.
And I might add, then they call you a racist!
But I KNOW we don't have that many (90% of the people that post here) socialist Liberals here on ZH. You're way off base there.
"Satanic masonic bullshit"--oh, but that I only have one up arrow to give. Trust me, I upped you with everything I have for that one. Thanks.
DONT FORGET CAPSLOCK!!! This can of ouzo has been kicked down the road for far too long; I only hope that people around the world begin to take notice and the discussion of what comes "after" can finally go mainstream. Are their enough that still know how to think for themselves???
Aint that the truth
Aint that the truth
The Meat Trapper...
Does that mean you're a prostitute working for the police department?
Maybe. That's not implausible.
Comte, you got a link? or is something you made up? How is this guy not for real? is it so shocking that someone actually is threatening TPTB and the status quo?
There's still plenty of bad blood in the Balkans, sad to say.
Only the jevv Oligarchs will profit from the shedding of goy blood (and/or financial disasters which are all planned just the same).
Come on Greece!! Rememeber Sparta! Remember Athena! You guys kicked Persia's ass! I saw the movie!
Turn this shitshow around, remind us why you guys sit at the big table, not a card table in the garage!
Incoming. !! LOL.
I'm 100% FOR this guy. Go Greece!
Would've rather had a Golden Dawn at 6 o clock, but to each their own.
If this guy is sincere he'll get blown away and replaced by a compliant stooge, don't fancy his chances...
Incoming !
Here in America they're trying to install socialism while saying capitalism (which wasn't actually capitalism) is to blame. In EU countries with no actual austerity (like Greece) are blaming austerity on deficits instead of the IMF that is responsible. IMF, instead of blaming excess credit for the social disintegration that is about to happen, will instead blame Syriza.
Modern version of pursuit of justice implies nothing but a bunch of lies competing for dominance.
Good luck
wow-hmmm, hope and change? fucken-eh; could it be true! wake up, it is only a dream, ha..
I'll believe it when I see it.
I'll give you that. It's going to be very difficult for Tsipras and Syriza over the next few months. They are taking on the economic gods who have routed the world for the last 40 years. These people and institutions are ruthless and control the politicians of the world.
Cue Russia and China stage left.
Except for Iceland, Iran, and a very few other small countries.
They'll have to walk a fine line in punishing Greece. Soon there will be a SWIFT alternative and Greece can join the Brics. This might even threaten Nato. One can dream.
Some Oligarchs are more equal than others.
"we are going to destroy the ******* oligarchy system"
Suitable for framing.
Yanus the destroyer!
Yanus! Yànus!
Yanus the destroyer!
Yanus! Yànus!
Yanus you go out and give those Eurocrats a boody lip.
They need loads of Ouzo to bring the Oligarchs down. :-D
So I say this clearly: “Death is preferable. “
The banter is strong with this one...
According to latest information, SYRIZA already made agreement with Independent Greeks who strongly opposed austerity measures and Troika and one of the basic red lines is the deep research of the Greek debt. Independent Greeks is considered a party of the anti-neoliberal patriotic Right. Also, according to the information, SYRIZA and Independent Greeks already agreed about the "sharing" of ministries. Independent Greeks will probably take one ministry, probably that of Defence, or, Public Order.
Good for them. That is smart. Distinctions between Left and Right shouldn't matter when it comes to opposing the banksters. Politicians who aren't controlled by banksters are hard to come by.
For real, yo! No need for isms when you know who the culprits are. Just team up and oppose them. Sort out the smaller disagreements later.
Message to Germany: You want your money? Come and get it.
This Greek finance minister is going the right way about getting suicided. Is he new to all this?
Not suicided..
The banksters have Turkey to keep Greece in line
Watch this space
And the Greeks have Vlads mobile number memorized.
Bet there will be 3 russian missile cruisers in Greek port by the time I wake up tomorrow.
Since the Chinese now own a number of the key Greek ports this is unlikely, unless that is, the Russ and the Chinese have reached an accomodation over this already. Nah, Putin's not that stupid and in any case the Chinese will see off any Turkish threat.
Not likely to happen. The oligarchs have the money, and they have pull, no matter who is in power. They will try to cut a deal, or else, I see a nail gun in his future.
Louis 16th of France had lots of money and what happened to him?
Hmmm....
He got to see what happened to him for a few seconds.
I upped you for the point about money, but I could just as easily down vote that one because from what I've learned, that was a situation highly manipulated by the Templars, not really as it seems to many on ZH rattling on about guillotines, etc.
The Templars were disenfanchised and their leader Jacques de Mornay (I might have got the name wrong), was executed by Phillip the Fair (the French monarch) in 1304 so I don't see the relevance of the 'Templars' in the late 18 century during Loius reign to be of any significance, whatsoever.
They fled to a few places and still thrived in others, merged with Freemasonry, etc. Take a close look, for example, at Scotland and Switzerland for starters.
Do some research on Templar involvement in the French Revolution, and you'll see what I mean. Thread here is aged, so I am just tossing up the first link I ran across, sure there are better. BTW, a Scottish Rite Freemason becomes a Templar at the 33rd degree. I know this for a fact. You could, too.
http://www.bibliotecapleyades.net/sociopolitica/templars/knights_templar...
They will absolutely not exit the EU? So then they'll go to Brussells and yell and scream and nothing will happen except more of the same. I won't even bother with the popcorn. Nothing to see here.
Nothin's gonna change.
Sumptin gotta give sooner or later...
Ain't that the truth. and every day; it's one day later.
when you come to a fork in the road, take it
The futures hard to predict; expecially the part that didn't happen yet. Should be an interesting show.
Nationalization is defacto new financing plus ransoming the oligarchs for taxes - that coupled with unilaterally renouncing the debt since it was put in place via criminal deals is not payable --- is their solution
I keep saying this, all they have to do is show the debts were frauds perpetrated on the populations and they are finished and the debt vanishes.
Over here in the US, MBS for instance, with all the fraud with the documents, easy to say the home owners and the people who bought the packaged mortgage products were defrauded. Null and fucking void contracts, everywhere. Hold that bag motherfucker. It would be catastrophic, but it would have integrity and clean out the bad investments, quick.
What do they call them, controlled detonations? Debt-o-nations?
I am not a conspiracy buff, but central bankers MUST talk to each other.
I don't know if this is "it" or not, but while most of the road down will be a long emergency, there will be waterfall moments.
Tom Petty sings a chorus I like:
Yeah I'm free, free fallin' oh
Free falling
Yeah I'm free, oh free fallin'
You'all are one hellacious school marm; ma'am..
Not a conspiracy buff? Why in the world not? JFK was shot at by several teams. Twin towers were clearly demolished. Need I go on? In what so-called conspiracies do you not believe?
There's probably even a conspiracy to discredit those who believe in conspiracies!
Actually, the fact (fact) is that the term "conspiracy theorist," used derisively to discredit those with brains, was coined by the CIA to use against people logically questioning the JFK assassination.
MsCreant correct me if I am wrong here but all of those in power are former GS employees in one way or another. Greece is the first to break away from the bunch for now.
Revise, resubmit, fair enough.
I am very open. I also know I don't know. I am sure these bastards do what is good for the bastards. I am sure they have resources I don't. Structurally it must move their way, they control more capital. I do think there are too many competing bastards for us to think that they can run one script and get their way. We are the victims of their competition.
So a fascist government will be formed and nationalisation will start....
Venezuela part deux...
Just look at where Greece came from and what it will now turn into...
It’s best for them to leave the euro, I agree...
but attacking and destroying the wealth just scares them off and they’ll move to another country.
Why do you think most of the rich Greeks live on boats?
What do you think Brussels will be like when your Muslim neighbors come to collect the jizya?
732. Tours. Poitiers.
Did Charles Martel fight for nothing?
Now the internationalists allow them in with open arms instead of force of arms. It'll end the same either way.
Chucky did not sacrifice in vain. He bought a lot of time with the win.
We need a new hammer.
It will be found. Jan Sobieski routed the Ottomans at the gates of Vienna in 1683. It won't play out in those terms next time around because Muslims comprise 21% of the population of some German cities; not too good in France and UK either and the Dutch have really had enough. As the Chinese have it: "We live in interesting times"
I give up; why do they live on boats ?
Sudden I agree. The real problem is the other EMU countries looking for a way out of their debts as well.
I do not think Greece will be able to tell the EU to buggar off and remain in the EU. This may well indeed cascade into a EMU breakup.
On the ther hand the EU will cave to keep the EMU from breaking apart. The debtor nations are looking at this closely. Spain is the next country to get rid of its bunch of politicians.
The real question will be, What will Germany do when the EU caves ? You do know Germany ordered a reprint of DM in 2013.
Econ Prof who thinks like a ZHer. I hope he does what he says.
gov wank vs rich m fuckers, hope /change vs reality...
noise stiffled by money backed with some form of violence.
vote your thought with reality...
Coming to a nail gun display at a Home Greeko near you.
What's it gonna be a 20 penny to the temple or a fluted framer to the cortex?
12cc ring shank to the obdulaobligata
he's right. but getting the Greek oligarchs to pay their taxes will require more than ouzo
http://www.zerohedge.com/article/greek-tax-avoidance-101-cover-your-swim...
Nationalization=Confiscation.
Solved.
OK, you promised to shock and awe us Syriza, now let's see what you've got! To the window, to the wall, till the sweat runs down my .......
Methinks Greece is going to destroy the Brussels parasite banking system. Time will tell. Odds are rated at 90%. A new world order will prevail. Not under the 1991 provision.
This dude is one smart MFer. A 'reluctant candidate...accepting the poison chalise...', as he put it. I really hope this group is the pebble that bumped a stone that bumped a bolder in the financial world. Too much to ask? We'll see. Once someone has the balls to talk some sense publicly and not hide behind their mother's skirt their entire career, other sensible people should be emboldened. We can only hope.
Hope he's packing kevlar.
Cast the Greeks into Hell???????? LMAO!!!!!!!!!!!!
I can think of another group of shithead oligarchs that need to be shown the door.
Germans vacationing at their island cottages in Greece this winter better hope that it's not their last time there.
Prime candidate for a nail gun accident.
That's the Left: focused on "destroying". Can't say they're not good at it.
I'm guessing they mean they're going to destroy the current oligarchs and replace them with their own.
ALL who care to look have seen the lies and corruption, not just within Greece, but across the EU, within the UK, the USA, etc...
I am prepared to see what actions are taken by the membership of Syriza and those that form the new government with them. successes may well have direct bearing on problems faced by many other governments both within and outside the EU.
It remains to be seen whther or not Syriza can or will instigate policies that benefit the Greek Citizenry, confront and rout the oligarchy, or challenge the Eurocentrics and Bankster establishment in Brussels, the IMF, et. al.
It should become apparent in a very short time frame whether or not the policy initiatives of a Syriza led coalition can engineer a transformation of the government and economy of Greece, or how quickly, or what cost to the people of Greece and the institutions of European conformity.
I wish the very best of luck to Mr. Yanis Varoufakis, and best of outcomes for the Citizens of The Republic Of Greece.
Next stop Yànus, I mean Uranus
I'll believe it when I see it. Meet the new boss...same as the old boss.
Iceland did it. Greec can too. Follow their lead. Next step; let's round up Rothschild Bankers are start executing them. Follow up with Neo-NAZI's (Bush family).
Entertainment at it's best.
Dont forget Cheney in the "Remember to shoot" list
Junta coming in a couple of years, after greece runs out of food and electricity
Nice talk.
Now let's see the Walk.
Prime canidate for a bullet in the head, handgun at his side, no GSR on his hands, witnesses or suicide note, but death will be ruled a "suicide".
By tomorrow morning i expect to be hearing why we need sanctions on greece.
This is why:
40. Closure of all foreign bases in Greece and withdrawal from NATO.
SYRIZA 40 point plan:
http://links.org.au/node/2888
'They' ain't gonna like that!
But as noted earlier, the Chinese have a clear interest in Greece, by way of property investments. Now whether they fee they can continue to do business with the oligarchs, or see a commonality of interest with a Syriza govt is a moot point. There is also China's game plan to consider in a wider context: is China that interested in joining the IMF as one of three or four new members with SDR's, or is China looking to deepen arrangements with Russia and India by way of a Pan-Eurasian trading bloc? If the latter, China could end up as a guarantor of the new Greek regime; geopolitically it would be a good fit.
Just read the program: some point are good (NATO and foreign troops withdrawal and supporting Palestine) but some other are catastrophic.
The only outcome is that they are going Venezuela in a few years !
Wow, he became a nail-gun magnet!
RIP the System!
Maybe some folks are so worn down and feel they gotta eat Goldman's ( Troika, EU , Banker ) SHIT.
Same Slave Mentality in Afrikka where the CAPTURED Governments bow to the World Bank when they wanna change a light bulb , hands out, with a begging bowl ( Ok build a power station as a light bulb ain't no use if NO LECKY, RIGHT? ).
ALL CHANGE! ALL AFUCKING BOARD. DING DING! DING DING!
Yes and you can smell the coffee just as it's shipped OUT.
The answer ain't blowing in the wind OR outta Goldman's ASS.
PITCHFORK TIME.
Ok Greece, you got the ball, run with it...DON'T FUMBLE IT!
real "hope and change" unlike USA
Nationalize all of the privately mega rich owned islands, bill the "owners" 10% of the sale price as a land tax/rent going forward, non payment to result in forfeiture to the Greek people.
It would bring in a nice chunk of change.
Note to Greek FinMin:
Talk about actions in memoirs, not prematurely.
For example, one usually does not announce a great hand while in the middle of a game of cards, or announce one's move beforehand while playing chess.
definetely gotta good poiint there; your mouth can be a helluva place to put your foot in.
Perhaps there is method to his madness.
yeah, i doubt the others at the table are just gonna fold. ya know
That's true, but others have more to lose, at this point, than Greece. They already pretty much lost everything.
Greece already has a primary budget surplus,and Europe is on the edge. They could push Europe into outright deflation and threaten the whole Euro Zone. The Germans know this.
That's what they call leverage.
If I was Tsipras, I would tell Merkel, "Fuck you.......Now you go."
The proof of the pudding is in the eating.
But let us give them some time and the benefit of the doubt.
We know that the TROIKA'S methods did not achieve much other than suicide, home losses, massive unemployment etc.
Can SYRIZA be that much worse?
Let us see how the Brussels bureaucrats deal with this.
I'd be more impressed if the Greeks werent such a bunch of deadbeats. They've only themselves to blame for this...and the public sector is still huge, corruption continues unabated, greeks still avoid income tax as a passtime...why dont they sell some of their islands to the germans? deadbeats...
The weakest link in the global economy was Wall Streets investment banks this is where the global crisis started.
The Euro and Greece were in good health when the fools of wall Street when under.
There's no real change in Greece. The race to the bottom continues. I doubt seriously if the rest of the EU with change, too. My gosh, look at France. They've taken a similar route for the past 50 years. All European countries have. Obama and Democrats here admire Europe's unusustainable policies - but for different reasons. Europe still thinks socialists policies can work. Democrats in America know its simply the best way to deconstruct their country.
People say Obama is tone deaf and incompetent. He's getting everything he wants. Just look at our debt numbers, our falling place in the world, falling levels of education...etc., etc.
Democrats love it!
When government walks away from honoring its debts, then corporate executives and the man on the street think they can too. "Austerity" is when government lives within its means and services its sovereign debts. These new politicians and the people who voted for them think they can walk away from their problems with no consequences. Wait until Greece gets its own currency and government starts money-printing to make the numbers work out right. Greece will be Argentina on the Mediterranean.
Just like the global bankers have done already with their bailouts and trillions in QE.
All money given unconditionally with no need for the idiot bankers to change their ways.
These are not honourable debts - they are loans gained through extortion and criminal deceipt, loading the Greek people down with debt they could never repay and enslaving them to t financial system that will rob them of their assets. To honour criminals by repaying extortion loans is not honourable.
One old system going to show the World their efforts to sort out the Elite's mess. Good luck, the World will watch and learn.
This guy is about to get it, Greek style.
The first thing the newly elected Government should do is to put ALL the members of the previous government under House Arrest. Check all their finances and interrogate them as to the Troika Shenanigans.
PUBLISH FINDINGS , SET TRIAL DATES.
THIS IS SYRIZA!
Uh oh. Run Mr Papandreou. Run.
people are going to die. duke ferdinandopolis has a short life span.
this may be the oh fuck moment.
The Bolsheviks also destroyed the Czarist "oligarchy" and the commies imposed strict policies that might be described as austere to say the least. The U.S. "saved" the Greeks from going full commie after WW II. The other choice is for the iSlams to again dominate Greece as they had done previously 1450-1850
That was then, this is now and there are other global players with an interest in the outcome. Islam is a nuisance and will be tolerated for a while longer; after that it's goodnight Mecca. When a Russian intelligence operative was offed by Islamists in Beirut back in the 70's, the perps were identified and their various bodily parts were dispatched to their relatives. There were no more kidnaps and killing of Russ after that. China will take a similar line with any such nonsense, because there is no danger of parliamentary or congressional enquiries to follow.
I'm quite sure Greece is anxious to join the Russian Turkish pipeline consortium.