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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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Every army had/has a reprisal maths ratio. The British figure was much higher than the Germans' one by the way.
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How long until Syriza offers up their current and future crop of children in exchange for more welfare payments. They can call it Lend - Lease.
Socialists always willing to sell their souls to defend their twisted thought process!
How about if they offer up their food products, priced in yuans, to the Chinese instead, say, right after the Chinese drop their dollar peg...?
Just thought I'd bring that up, seeing as how it was apparent you hadn't thought of that.
How about they go to work and pay their bills? Nahhhh....that's so 50's!
Grow up. Go to work doing what? There are no jobs, and that situation is not going to change. You idiots think a change in political ideology is going to magically create large numbers of working class jobs that people can actually live on, but that horse has been out of the barn for 30 years. The west will be competitive again when the working class will do 12 hour days for the euqivalent of a pound of rice and a head of cabbage... and long before you get to that point the prols are going to revolt. What do you suggest, exactly? There's never again going to be enough work to go around, and dealing with that ethically is going to turn out to be the biggest dilemma of of times. I have a sick feeling that a lot of posters here would favor letting anyone who can't find a living wage job starve... and their kids too. Just to be clear: I'm not saying I have an answer, because I don't.
So how come Northern European countries are still wealthy? The Greeks want everybody to have a secure pensionable job in the public sector, generous welafre........and somebody else picking up the tab.
The northern nations are losing ground too... they're just losing it more slowly because much more wealth was concentrated there to begin with, and it's where Europe's real power centers are. Same reason the US will be the last man standing.
My point is this: it's a zero-sum game. Market expansion is a thing of the past; new jobs in one place just means jobs lost elsewhere. I don't think the total number of jobs (and I mean jobs you can actually live on) is ever going to increase again.
Look at the US: we can yell about social safety nets all we want, but take them away and see what happens. You're not going to see masses of people suddenly becoming productive, you're going to watch them starve. Worse, a huge percentage of the currently employed will become unemployed, because the unemployed/marginally employed won't be buying shit anymore. I'm not arguing for or against the safety nets... I'm just saying that we're in a very deep hole, and I suspect there's no non-catastrophic way out.
Know how, i guess. But as knowledge spreads eventually even the bolivians will make jet turbines.
Also, up to a point all northern and western europeans have had a sheltered life over the past 1000 years, in relative terms. Both eastern and southern Europe have acted as buffers to Islam and the mongolian hordes, reputed for sending more than one glorious civilization to the stone age.
Maybe they should have thought of that before the BORROWED & SPEND other peoples $$$ ???? That way of thinking has killed millions of people & destroyed numerous once-prolific countries who subscribed to that type of 'caring & sharing' Marxist/Socialist/Communist ideology! Socialism is always a fantastic idea ...until the other dude runs out of cabbage!
Theres no obligation to your debts. You can always default and bear the consequences.
Lending carries risk. Some borrowers wont pay, thats why they charge interest. No need to get emotional about it. I'm surprised loan contracts are not written like computer programs, including "Ifs" for every eventuality.
The unethical charging of interest out of electronic 1s and 0s is balanced by defaults.
What food products; olive oil?
This is interesting theater 4 years on from the Vanity Fair article that pretty much summed up what passes for Reality in Greece. I guess I will believe that things might actually change there when / if they have a functioning taxation department.
http://www.vanityfair.com/business/features/2010/10/greeks-bearing-bonds...
<< Beware of Greeks Bearing Bonds
As Wall Street hangs on the question “Will Greece default?,” the author heads for riot-stricken Athens, and for the mysterious Vatopaidi monastery, which brought down the last government, laying bare the country’s economic insanity. But beyond a $1.2 trillion debt (roughly a quarter-million dollars for each working adult), there is a more frightening deficit. After systematically looting their own treasury, in a breathtaking binge of tax evasion, bribery, and creative accounting spurred on by Goldman Sachs, Greeks are sure of one thing: they can’t trust their fellow Greeks. >>
Beware of Greeks bearing gifts ...........for themselves!
I don't care what happens to Greece, as long as they fuck the EU...
Socialists have a tendancy of eating their own and then consuming themselves!
The owners of greece are the creditors.
The only thing this ultra-leftist rotten scum will do is destroy greek society with its social athorocities... very soon we will have:
- Free houses and income to all the TRILLIONS black boat people landing in thier shores
- Adoption of children, by gays, HIVs, blind people and circus clowns.
- Merriage between 50+yo ladies and their cats and dogs allowed
- Extention of national health care (free) plan to people's pets
- Men have to give up seats in public companies to wemen even if they only find iliterate mentaly retardeds
"iliterate mentaly retardeds"
Yeah, because adoption of children by "blind people" is what got us into this mess in the first place.
Don't forget that at the very pinnacle of the financial food change are those who want Western/White civilization destroyed. The measures you cite above are straight from the Frankfurt School/Soros/Cloward-Piven playbooks. So just maybe the Greeks might be looked on with more favor than would be exected.
And by the way, one of the main reasons for Putin's demonization is his opposition to the nation-wrecking measures you outlined.
Amen brother!
Tsipras has put a target on his forehead.
He and his fellow deadbeats have been written-off months ago. They are starting to figure it out!
Greece refuses to back down, says "If anybody is gonna steal our citizens' money and shit on their freedom, it's gonna be us!"
Says the bankster fiat scam lackey.
"Government Will Do As Promised" Tsipras SaysAnd why shouldn't he.
He was voted in to get the fucking thieves and oligarchs out. The crony corrupt pieces of shite that are violating and robbing every fucker blind.
He starts what Greeks wanted all along and couldn't say.
And why fuck about, h knows he has two choices, one get hung from a lamppost and buckle to save the corrupt cunts and their fucking bumboy buddies and Greeks get ass raped for another 10 years, or do as he planned all along, and get a chance to rebuild. And get ass raped again, but this time without their hands tied behind their backs, and he gets a chance to fuck them at the same time.
Its what he knew was coming all along, Greek exit from the pointless worthless ponzi euro voucher scam of all time, the fuck wit demented idea that you could actually make a fake currency and expect it to last, and get back to a sovereign currency.
Brilliant strategy by Syriza, make them think they are flip flopping all over the place whilst denying endlessly and (meaning it) but making every half wit think they will collapse.
They will not collapse.
They know they will pull the plug and exit, they even have the mountains of freshly printed drachma siting in bank vaults ready as incidentally does Germany with fresh Deutschmarks, and its gonna happen.
He wanted to back the corrupt crony thieving shit for brains draggy the cunt and his minions into a corner, and they just just did that, walked right into the trap and its game set and match.
Greece exits and so does Germany in a month or maybe even less.
Now France Spain, Portugal, Italy either have to back Greece and fuck Brussels and the ECB or they know the shit storm will be on their heads.
Greece knows it has a shit storm coming, no matter what, and now the rest of the PIIGS and France know that shit storm is coming down on them too.
I love horror movies
Sounds like a party to me!
"TSIPRAS SAYS GOVT GUARANTEES GREEK BANK SYSTEM DEPOSITS SAFE"
Or to put it another way, you're money is gone.
He promised to make the impossible possible...
There's nuthin' Socialists luv more than somebuddy else's $$$$ !!!!
Lending money carries risk. Risk is the basis for charging interest. Theres no reason to get emotional about defaults, remember the risk was already baked in. Experts agreed it was reasonable.
Why you mad?
I think if the trioka doesn't accept a haircut on debt balance and suspension of interest payments and pushes Greece out of the EU,
Greece will be far better off.
Clean off the debts entirely. Have its own currency. End the corruption and pay-offs to the filthy rich and start rebuilding their ecomony and putting people back to work.
Only if they change their way of thinging - which seems unlikely! Even if they make a 180 degree turn the odds are stacked against them and chances are remote. Too bad but I think its over!
Why in the hell did the EU even allow Greece to join them? (I believe their books were cooked?)
That's like taking in a dead beat relative to live in your basement that uses lots of water and electricity, doesn't have a job, and eats a lot. He owes you $20,000 for money that he borrowed from you that he can't possibly pay back, is threatening to leave the house, and won't pay you back. I say cut your losses and let them go. Write off the debt, and go your separate ways.
The lesson to learn is; don't loan money to people you KNOW won't be able to repay! (common sense stuff really)
What do I know. I'm just some guy running my mouth on the internet....
Thats the point of an union among unequals. If the world were Germany there would be no problems... no?
You want an united europe? Then accept what it entails. Otherwise its just Germany and their northern cousins, even the french are deadbeats.
Im surprised how grown men get all emotional about defaults. Lending money is a business, and any business may fail, due to bad luck or the stupidity of whoever started it.
Owners of greek debt ought to keep some dignity and play it cool. They look like middle aged women mad at the commercial failure of their Gourmet chocolateria or flower shop down at the mall, actually angry and yelling at the shop walls...
If a borrower does not pay you its your fault for lending.
Katharsis would come to my mind, but game theories could change that....
The Greece wild card is also its strong suit. And that is... 100% DEFAULT.
Default on interest and default on principle. ALL of it.
And most important, default on fiat.
Then abandon debt.
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This last part is key. If you are willing to abandon debt, which means accept only that which you can afford today, nobody can force you to screw yourself over. People who are desperate for debt (or drugs, or anything else), will make terrible decisions to get what they are desperate for. And in the case of banksters, boy do they ever know how to turn your weakness, your desperation into a lifetime of slavery... in exchange for what they create out of thin air at zero cost to themselves.
Live within your means. In the long run, you are way, way, way, way, way, way, way better off.
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PS: And for those who think Greece can't survive without debt, I ask this question. Have you calculated how much financial burden is removed when they declare 100% default? Maybe you should sometime. They are way, way, way, way, way, way, way better off to default and live without debt. Maybe even in the short term.
BTW, if Greece hangs tough, 100% defaults, swears off debt-funding of government, and exists the euro [and eurozone], 80% of the people on earth will cheer for them. The other 20% don't matter.