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Greece Refuses To Back Down: "Government Will Do As Promised" Tsipras Says
With an increasingly vitriolic tone, the new Greek government has come out swinging today with leader Alexis Tsipras making it clear that he will implement the election pledges the people of Greece voted for:
- A NEW GREEK GOVT WILL BARGAIN TOUGH, AND PUT A FINAL END TO THE TROIKA AND ITS POLICIES
- WE MANAGED TO DECONSTRUCT THE EUROPEAN STATUS QUO THAT WANTS MORE AUSTERITY AND LESS DEMOCRACY
It took one week, Tsipras chides, to get European leaders to talk about the real problems and Greece will negotiate hard to "put an end to Troika."
Tsipras adds:
- *GREECE'S TSIPRAS SAYS GREEK PEOPLE WRITING HISTORY, DETERMINED
- *TSIPRAS SAYS WILL NOT ALLOW FIRESALE OF NATIONAL WEALTH
- *TSIPRAS SAYS NEW GOVT WILL NEGOTIATE HARD, PUT AN END TO TROIKA
- *TSIPRAS SAYS GOVT TO PRESENT ITS OWN ROADMAP TO EXIT CRISIS
- *TSIPRAS SAYS ONLY TOOK ONE WEEK TO CHANGE EU DISCUSSION AGENDA
- *TSIPRAS: TOOK ONE WEEK TO GET EU TO TALK ABOUT REAL PROBLEMS
- *TSIPRAS SAYS WILL IMPLEMENT ELECTION CAMPAIGN PLEDGES
- *TSIPRAS SAYS GOVT DOESN'T THREATEN BALANCE IN EUROPE
- *TSIPRAS SAYS GOVT DETERMINED TO OVERHAUL PUBLIC ADMINISTRATION
- *TSIPRAS SAYS GOVT HAS CONCRETE, STRATEGIC NEGOTIATION PLAN
- *TSIPRAS: GOVT PRESENTED ITS PLAN TO CREDITORS, GAINED ALLIES
- *TSIPRAS SAYS WAITING WITH GREAT INTEREST FOR GERMAN PROPOSALS
- *TSIPRAS SAYS GOVT COMMITTED TO EU RULES, WILL RESPECT THEM
- *TSIPRAS SAYS NOT AIMING TO CREATE NEW DIVIDE IN EUROPE
- *TSIPRAS SAYS AUSTERITY IS NOT A EUROPEAN UNION RULE
And then the ECB chimes in...
- *KNOT SAYS ECB DOESN'T SEE PROOF THAT GREEK PROGRAM ON TRACK
* * *
And Tsipras counters...
- *TSIPRAS SAYS GOVT GUARANTEES GREEK BANK SYSTEM DEPOSITS SAFE
"We will make the impossible, possible to turn things around in Greece"
* * *
- *TSIPRAS SAYS WE NEED TO REBUILD COUNTRY FROM THE BEGINNING
- *TSIPRAS SAYS GREEK, EUROPEAN DEMOCRACY CANNOT BE BLACKMAILED
Chicken continues...
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THE WAR IS ON BITCHEZ
Greece needs to build an app and sell it to yahoo, google, or facebook like everybody else. Use the billions to pay the Germans
Kabuki Theater, whether by Greek or German or EU politicians/bureaucrats , is BULLISH.
I raise you and double it !
of course it is kabuki ... the real game comes after Podemos
Tsipras says, "love my good n' plentys"
PIIGS+FUK will be saved (UK, or London more specifically, through banking fees/interest rates imposed on German taxpayers via the saving of PIIGS+F.
Time for a twitter war? WTF news headlines. Get in the octagon
Greece has the right to Print the Euro!
Just default on the debt, declare Greece bankrupt and start over, outside the EuroZone... Be done with it already...
this guy will die within 2 years, whatever the method used.
you will see.
Yeah, well if they're just gonna print Euro's with big 'G''s on 'em, they may as well just print Drachmas...
"Greece has the right to Print the Euro!"
Really? since when. Where do we get this level of idiocy from?
And he gets voted up for the comment. ZH has fallen far.
Greece has the right to Print the Euro!
Wow! That's Genius. You should get a job with the Greek Ministry of Finance.
Chicken continues... or better
Chickens continue...
Well, at least if Greece does GTFO of the EU, all the EU banks are "well capitalized."
pods
Short of WWIII, there will be no "getting out" of the EU, as this is the very crisis TPTB have waited for so long to occur. This will be used to create the political mandate of further fiscal integration that could not be achieved at the ballot box.
Tsipras wants to reform the EU, not destroy it, and so do a whole host of other political movers and shakers. He is merely the grain of sand that will someday turn into a pearl.
The point
TSIPRAS SAYS WILL NOT ALLOW FIRESALE OF NATIONAL WEALTH
is about to blow the very core of the IMF mission up.
Mission accomplished!
I hope he has a well paid Praetorian
And that he stays away from nail guns.
Right on!
They could sell "big brother" internet subscriptions to view the closed caption cameras in the negotiation room. Between the ads revenue, this will be a done deal in a week.
Maybe they could entice Apple or Google to relocate there with the promise of renaming their country to "Apple" or "Google"
Nah, all they have to do is make some printing plates for the new drachma and show them to the Germans. If that fails to impress, then they can start printing drachma and show them the big piles of money to replace the euro in Greece. And if that still fails to impress. then default on all euro obligations.
Imports will virtually cease for a while, and it will hurt, but it will be done and is where all this has to go anyway because Greece can never pay all that money back.
And you noticed it just now?!
This is not on the CNBC/Obama/hedgies/Cramer script anywhere, just double-checked.
Is Brian Williams toast? Sure looks that way
http://tinyurl.com/qgf3lqb
Brian Williams would have been killed by that RPG had Hitlary Cliton not rolled and drawn and double tapped the terrist while dodging Serbian sniper fire.
Excellent point. We need a war hero as a president, I think.
Greece should declare war on Goldman
No, the fold is on. In politics the more you talk about something the less you intend to do about it. It is like a PhD thesis.
Are you saying we really don't give a fuck about the children, fairness and saving the planet.
I never thought I'd find myself cheering for leftist socialists.
The reality can be stranger then your imagination.
The enemy of my enemy is my...........(fill in the blank)
True that.
Amen
...banker?
I thought the enemy was the banker? Lets face it, We have no fucking idea what we're babbling about and are not fit to lead the future.
Wife
The reason you're cheering this is because the more diffuse and fragmented the leftist socialists are, the less damage they can do. Put them all in one place with top-down authority over an entire continent and they can really screw stuff up much worse.
I know, I've been feeling the same way.
That's it NoDebt. You've nailed it.
Tsipras and Varo-unpronouncable do sound an awful lot like Nigel Farage when they talk, come to think of it.
You mean like in North America where it's capitalism for the citizenry but socialism for the politicos and the corporatocracy?
I never thought I'd find myself cheering for leftist socialists.
That is because you are not.
But the news told me Syriza is a bunch of looney left wing nut jobs. Or was it right wing? I dunno, Philo, I can't keep this shit straight any more. Its a buncha people who want to rule over things, that's all I know. Close enough.
Its a buncha people who want to rule over things, that's all I know.
Some guy named Shakespear wrote something about a rose. Yeah, I think we agree, No Debt.
It's almost as if it's yet another chapter in the story titled "Divide and Conquer."
Yeah, but they do put out a nice spread. The little meatballs with the mint inside, the yogurt dip, the lamb cooked with lemon juice with the garlic cloves under the skin. Even the wine is ok once you get used to the resin flavor ...
this is not about left vs right, blue vs red, communism vs fascism (though the eu and wall st are fascist with their bailouts etc) vs socialism or anything else
it is about US vs them
"it is about US vs them"
You're sounding very Bushian today. Or would that be Bushiastic? Or Bushistic? Grammar nerds, please weigh in.
They are all Marxists! Communists leading socialists!
In the bizarro land that is Greece, the only people who understand Capitalism are the Marxists.
Greece is the new Boehner.
Greece is a weepy tangerine?
On February 27th the orange peel will be tossed on the floor to reveal a pulpy mess of tears and broken dreams.
When you say it like that it sounds all bad and stuff.
Why Feb 27?
Your post reminded me of the Tales from the Darkside episode called Love Hungry
now common ... at least lets keep up appearances ... you have to say Obama not Bonner
This gonna be nusty then and end like all communist romantic stories ended.... in a brothel.
communism is the mother of all problems ... funny how many people cannot even see it dont you think?
Logic is not a worthwhile skillset for wishful thinkers.
And the Checkbook says....we are broke.......send out the payroll...they wont cash...that is when the SHTF for this guy.....do they have 1 month or 2 ....dont know...but we will soon
The EZB and Schaeuble are calling his bluff. Unless Greece starts printing the "New Drachma" reak soon Tsipras will quickly loose any clout he has. Worst case, the Eurozone does not take his seriously and the Greek voters get disgusted.
I think we have a new Nobel Peace Prize winner in the making folks.
Gud 1! Lol!
To coin a phrase: "Fuck the EU."
"The Knucks Fix"
Euro union pays Greece 30 points on everything, forever, and never has to write it down.
There you go, all fixed.
"do as promised"
he he. How many times has a politician said that?
So here's your roadmap:
(1) Liberally and infinitely print electronic euros from Greece, without the ECB's approval. Fund up Greek banks. Crash the EURUSD.
(2) FIVE Russian naval bases with a 10,000 year lease
(3) Use liberally printed euros to fund social programs and purchase as much physical gold as one can, storing it in the Greek Central Bank vault.
(4) See you later NATO.
(5) Russian oil and gas pipelines across Greece everywhere you look. They could even re-name Greece "Pipeline".
(6) Greece leaves the borders lightly defended and lets in AS MANY IMMIGRANTS AS POSSIBLE just to piss of Western Europe. Build a Greek Statue of Liberty in Athens' harbor just to welcome all the illegal Turkish and Africans to Greece. Then, use the liberally printed euros to buy them free plane tickets and fly them to Benelux, France and Germany. A 100 million Turks and a billion Africans could fit into Benelux, France and Germany's borders, no?
While I'd absolutely love to see that plan in action, you'd see the Greek Parliament suffer the worst terrorist attack in history. NATO would move in to secure the nation from anarchy, and it would shortly be turned into a protectorate of the EU.
I'm just amazed they let the dialogue get this far without a scooter riding gunman taking out a few of them to be honest. However it does distract nicely from Ukraine.
"protectorate of the EU"
Please kindly explain how Greece is not currently a protectorate of the EU. The current state of Greece is a colony if there ever was such a thing. The next step lower would be the Belgain Congo or Haiti right before its slave rebellion.
Well for one thing its currently unofficial, even if it is the same thing. Can't have Democracy recreating the same embarrassment they are currently having. Nasty uncomfortable thing democracy, makes you late for dinner! Troops on every corner and martial law would help encourage the current island residents to obey their eviction notice so the oligarchs can finally have their choice real estate. The facade is kinda getting expensive to maintain anyway.
I'm not sure if Denmark had a better deal with the Nazis than Greece currently does with the ECB.
Last I heard EU troops aren't lining people up in Greece and executing them. Ignorance of history is astounding here, even if in jest. My belief is that's the next step - direct control and annexation. Greeks may or may not resist, but my hope is they do. Socialism does odd things to a society.
But would the National Socialists have been any less bad if they hadn't lined people up in Greece and executed them? With the paradigm shift from National Socialism to Extra-National Socialism/Corpratocracy they now have to build from scratch (or more accurately buy existing) shock troops. The Nazi's had a certain terror infrastructure and capacity within their own political party (just as the today's troglodyte Nationalist parties often do), which was effectively coupled with certain institutions of State they seized. but the corpratists' MO isn't single-Party hegemony, or even single Nation-State hegemony, and they are installing themselves and building capacity within the bureaucracy, not the political parties- as it is more publicly palatable and cost effective for them to buy off large "moderate" parties than smaller "fringe" parties.
They have read Orwell and Huxley too (among others), and consequently velvet-lined concentration camps are in vogue now.
Some of this may be in jest, and there is always ignorance when "masses" are involved (even at ZH), but there is also a lot of subtlety and valid inference (even if we skip the footnotes entirely and argue with simple bullet points instead of paragraphs).
After all, if the next step is "direct control and annexation", what were the previous steps? and why were they significant? and would should have been done to stop them? I think I've seen this game somewhere before, and it usually begins with "If you could go back in time..." Rinse, Repeat.
I just wonder - if Greece does indeed begin printing the drachma once again, per one million drachma, by precisely how many points will the S&P rise?
"Greece is fixed! Stocks rise!"
"Greece is not fixed! Stocks rise!"
Either way, fuck it all.
so he gets his way...all Debts are forgiven....and he has rehired all the laid off government employees....then what.....they still have no money to pay for the Socialist heaven....they wont pay taxes....and I hope no one buys any of his bonds....that will never be paid off...when they make money he says...Greece will never make money
Start again i guess, without debt.
Greece goes back to living within its limited means. Witdraws from the EU, greeks go back to farms and start making some products rather than importing everything?
In the long term an economic equilibrium will be found, where imports balance exports. Now its just imports and debt.
https://www.youtube.com/watch?v=nvlTJrNJ5lA&gl=BE
They'll need an economic miracle, like germany pulled off pre WW 2
Chicken? Try Black Swan.
Alexis,
You are negotiating with financial terrorist. Fuck them before they fuck you...default.
But the key to the game is to stay at the table, not tip it over.
How much more POWER does Alexis hold if he pulls off a renegotiation that sates the angry Greek people rather than expulsion from the EU and lots of Greek pain before revival? It is always and forever about power.
I am not sure if the Greeks are ready to fell the burn of muscle tissue tearing, the requisite before new growth can commence.
I'm thinkin' that five years of muscle tearing has toughened them up for anything. Besides, in reality, they hold all the cards.
I've always been fascinated how weak hands can hold more power than the strong when the strong has to pretend to uphold whatever fiction that originally empowered them. The strong side is constrained, having everything to lose, while the weak side is free to do whatever, having nothing left to lose.
This is where the art of psyops comes in to play. Convince the strong they are weak and they will never exercise their strength. The actual weak entity wins and never needs to expose their true weakness.
When playing poker if you are going to bluff you must first be willing and able to carry out your bluff all the way to the end. Otherwise don't even try because failure will crush you. If you do carry it to the end, even if you lose, you earn the respect of the other players and remain in the game.
Players are more likely to eat the weak first. And often this means the perception of who is weak (on both sides) rather than the actual weak.
Cog, I don't disagree with you about staying at the table. However, IF Greece were to default then, I believe, is when the real negotiations would start. I believe a default would most closely look like Birmingham, AL sewer system or GM. By that I mean the entity lives on ; as opposed to an Enron. But what do I know, I'm just a old dog.
I am not advocating Greece stay at the table or negotiate without defaulting first.
I am simply explaining the mindset of those in the game. And make no mistake about it, Greece is still 'in the game'.
Got it. Sorry if I read something in to your comment that wasn't there.
Alexis Tsipras .... pronounced .... Tsi (Cy) .... pras (prus) !
zerohedge @zerohedge 1m1 minute ago
TSIPRAS SAYS GOVT GUARANTEES GREEK BANK SYSTEM DEPOSITS SAFE. "The bank run is contained"
I thought they said Greece was bankrupt?
The Greeks along with Spain and all the rest of the PIIGS should just start printing Euros and flooding their system with them.
Greek isn't in a position to back down.
Greece will start missing gobberment payroll very soon.
I'd call that lying flat on the pavement.
I hope you don't actually believe that Greece doesn't, in fact, have each of the BRICS nations, and the more than 140 associated countries behind them.
Yeah, a long long way behind them.
Alexis Tsipras and Mr. Putin two leaders who do anything for the well of their people and country. Obama all the opposite, he will do anything to destroy America.
Bath House is a crackhead negro and ValJar Puppet. What did you expect?
can't wait until the imf gets their claws into france. let's see how much of a hero largarde is on that day bitchez.
The ultimate death match is going to be watching the IMF go up against Marie Le Pen once she is elected French president.
IMF: "But we're the IMF"
French President Le Pen: "I can print French francs to infinity and I have nukes. Touchez..."
My best guess:
- For Greece it's like souk bargaining. Posturing is part of getting a good deal.
- For Northern Europe it's "let's get it over with". "Lieber ein Ende mit Schrecken als ein Schrecken ohne Ende."
My best guess:
- For Greece it's like souk bargaining. Posturing is part of getting a good deal.
- For Northern Europe it's "let's get it over with". "Lieber ein Ende mit Schrecken als ein Schrecken ohne Ende."
"we managed to deconstruct the european status quo that wants more austerity and less democracy"
"we managed to deconstruct the zionist world order that wants more austerity and less democracy"
fixed
One per cent of .... 7 billion earthlings .... is 70 million .... there are only 20 million Zionists .... how do they do it .... those clever Jews ?
With force.
That's how They do it.
With what, they have no moar gold!!!!!
anagram = rapists
you can't make this shit up
A NEW GREEK GOVT WILL BARGAIN TOUGH, AND PUT A FINAL END TO THE TROIKA AND ITS POLICIES
To President Tsipras...
Don't be too surprised if you see an "Operation Gladio" in your future with lots of homemade bombs going off in downtown Athens as payback for not adjusting your behavior in the spirit of cooperation to your past money lenders....
And of course that North Easterly neighbor with sound money who will more than likely be helping you in the future who will also see his neighborhood facing continued hardships once those announcements towards aid go public!
http://www.bloomberg.com/news/articles/2015-02-05/one-way-greece-can-kee...
One way Greece can keep its banks alive: capital controls
Greece added to EU list of state sponsors of terrorism in 3...2...1....
Hey, the UK did it to Iceland in 2009.
Tsipras/Greece - hold the line. you've dealt with much more horrendous situations against the Turks and the Nazis in WW2 and the commies in the Civil War and came out ahead. Things will get worse before they get better but they will get better if you fight like you always have
Maybe they should start to change their way of thinking before more innocent people die?
and be slaves? never
????????? ? ???????? freedom or death
http://en.wikipedia.org/wiki/Eleftheria_i_thanatos
In case you haven't figured it out Greece is fighting itself! Tough battle to win!
in case you haven't figured it out, Greece is fighting Germany (again) and the banking cartel. A battle they WILL win if they hold the line
The real austerity is about to begin!
Would you, by any chance, be standing on your head at this moment?
It won't be long before the people of Greece are losing theirs!
They are now facing the worst enemy ever: 1) Themselves 2) Socialism's gutter promises 3) Both .... PS: No wrong answer .... everyone gets a passing grade !
They are now facing the worst enemy ever: 1) Themselves 2) Socialism's gutter promises 3) Both .... PS: No wrong answer .... everyone gets a passing grade !
Greece is in unchartered waters. They can't forgive the debts without exposing the emperor (EU) and even if they forgive the debts or restructure or whatever in the hell they want to call it, Greece has only the Drachma to return to and it's backed by what? Oh yeah, the full faith and credit of a Government that just repudiated billions in outstanding debt and said sayonara to the EU. What else have you got? Russian backing, yeah, that's worth a lot. Time to start putting your best babes and studs on the market and throw in a villa or two for the event, hint that they are demigods and good breeding stock
Fool me once......
Greece will be Switzerland .... when PIIGS fly !
Bagdad was the richest city in the world once. London was once a shithole.
bunch of blackmailing deadbeats, they keep using the same tactics of a suicide bomber, give us more money or we blow up EU we blow up the world...well fuck them and they lollipop they're riding on. I truly hope the market smashes them back to the gutter where they belong
this is the real game they're playing:
http://business.financialpost.com/2015/01/26/terence-corcoran-stop-the-handwringing-greece-is-going-nowhere/
Thanks for the link ! I found this part particularly interesting (below). Maybe Greece can be renamed "New Wallonia- the EU Sequel"!
<< For the moment, Greece leads the continental left within the EU structure. No country is going anywhere, especially Greece. “What the new Greek government wants is more bailout money and more transfers,” says Prof. Hanke. He says a poll of Greeks shows 75% want to stay within the Eurozone. They know where the money is, and the future.
And so now the endless bickering and brinkmanship begin. New negotiations will pit Mr. Tsipras as the leading voice, at least for now, of the leftist opposition in a new Europe-wide fight over the sharing of resources and redistribution of wealth.
Mr. Tsipras does not want out of Europe or out of the euro. He wants another Europe. What he wants, he has said, is “a Europe of peace, Democracy and growth.” What he does not want is the “neo-liberal Europe of [German Chancellor Angela] Merkel,” Or, as he put it, “We are the true alternative of Angela Merkel’s Europe.” >>
Or to put it another way 'we want the productive countries in the North to subsidize the rest of us'.
Well, if that's the "real game" they're playing, then kick them out. What's the problem?
good luck. 'They' will try everything to squish Greece back down into the pan and STFU.
Doesn't Greece knows it place within the UE?
Well...there is some hope with Russia and China as alternative sources of funding and trade.....thats some leverage there...not to mention the threat of default hehehe
Socialism kills!
Agreed. When the Bush administration nationalized the US banking system in 2007 it was straight out of Karl Marx's playbook. Since then, the world economy has cratered.
Spend more than 50 weeks here and maybe you'll be able to come up with something better than a hackneyed banner slogan.
Authors of their own misfortune!
Too long and too cryptic for a banner, and the target too vague; but it has a certain querilous appeal. A B for effort : )
He's tweeting, giving psudo randian one-liners. Zerohedgers like to have their biases reinforced without a lot of effort.
Posting "Fuck you Ben" will give you plenty of green arrows here, despite the lack of content. Its a tribal chanting thing.
Many commentors here seem to think that Greece is all alone in the world, when in reality, it has the bulk of the world's nations to turn to. The Chinese and Russians in particular are ready to step in to assist the moment that Greece divorces itself from the EU officially. Remember, Greece has ports, shipping and a strong agricultural sector. It's not without resources and not without economic leverage in spite of all the EU hype screeching about what a disaster it would be for Greece to leave the EU. All that is just grand kabuki theater, boys and girls. Just enjoy the show for a preview of the world to come.
Tsipras and Varoufakis now DEFINITELY should stay far away from airplanes, busses, cars, trains, skyscrapers, nailguns and what not...
The Tribe is going to angry and then NO SOUP FOR YOU.
: )
Perfect.
Its too obvious at this point. They only kill you before you speak.
It would be fucking rich if the country that created democracy, redefined and recreated it. For the first time in a long ass time, politics suddenly became interesting again.
They have defaulted 4 times in the past 100 years!
The US defaulted in 1971 --and is most assuredly about to do that again-- but this time it won't be able to force the rest of the world into accepting its paper promises. So what, really, is your point?
Socialism kills!
Focus, man.
retire at 55, 30 hr work week, free xmas bonus to all public employees....austerity...oh the horror the horror, we shall all perish if forced to retire at 58
At last somebody on this forum (apart from me) that gives the other side of the story.
Greece refuses to back down from their, 'We don't pay back our debts' policy!
What debts?
Isn't it fair to pull "debt" forgiveness out of the same thin air as the money came from?
Only in Venezuela!
"Greece" is a legal fantasy. This legal fantasy is used to milk private individuals who never agreed to borrow any money. Think about that.
Greek economic reprisal: For every million Euros loaned to Greece .... they hire 25 government workers .... they learned reprisal math .... from the Nazis !