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Varoufakis Walks Out Of CNBC Interview When Asked If He Is Now A "Liability"

Tyler Durden's picture




 

Having been given a few minutes to explain how it's so different now in Greece: Troika is now 'The Brussels Group', austerity cuts are now 'reforms', and bailouts are now 'bridge loans'; Greek FinMin Varoufakis asked for peace and quiet from the press so that they could work on "solutions" for the Greek people...

And then CNBC's Julia Chatterly asked about the Paris Match photo-shoot (which is has created fierce storm of controversy in Greece) and specifically whether he "was a liability for his party?"

Varoufakis response was (serial killer) calm as he looked her in the eyes, demanded he be allowed to 'no comment' - "You will allow me not to comment on particular stories in the press," - then commented, six-year-old-child-in-a-schoolyard-like "are you a liability for your channel?"

 

The brief clip below...

 

Varoufakis criticized the press for "concocting stories" and added that the Greek government now needed "peace and quiet" in order to get "down to work to put Greece on the path of recovery."

... or just following more orders from the European "uber alles"

 

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Sun, 03/15/2015 - 15:35 | 5891846 GMadScientist
GMadScientist's picture

Certainly no room for legends in the meager space provided by your leg-humping poodle of an intellect.

 

Sun, 03/15/2015 - 17:18 | 5892055 shovelhead
shovelhead's picture

But he does have the coolest mullet in the trailerpark going for him so that's something.

Sun, 03/15/2015 - 17:27 | 5892085 GMadScientist
GMadScientist's picture

It's the steel plate that makes it grow that way; just lucky, I guess.

Mon, 03/16/2015 - 01:30 | 5893360 bid the soldier...
bid the soldiers shoot's picture

Enter ghost

Mark how poor bid the soldier weepeth from the cruel remarks by this pair of mongoloid idiots.  No doubt they consort with each other as often as they can when they're not writing the tripe that must end zh's astonishing run.

bid, bid here's a bag of crisps ... (exit ghost)

 

Sun, 03/15/2015 - 12:39 | 5891264 QQQBall
QQQBall's picture

Like the EU legislators are eating MCD. B/c he is Greek, he has to eat shit?

Sun, 03/15/2015 - 12:39 | 5891265 jdtexas
jdtexas's picture

Politicians are assets....owned and utilized

Sun, 03/15/2015 - 12:40 | 5891269 Chuck Knoblauch
Chuck Knoblauch's picture

Iceland being the only exception.

Sun, 03/15/2015 - 12:56 | 5891322 directaction
directaction's picture

... and Bolivia. 

Sun, 03/15/2015 - 12:41 | 5891272 IridiumRebel
IridiumRebel's picture

Can we set up a Liesman vs Varoufakis debate? 
PLEASE?

Sun, 03/15/2015 - 13:14 | 5891381 GMadScientist
GMadScientist's picture

Was hoping for Nigel Farage so we can keep it a Zooropean thing.

Sun, 03/15/2015 - 13:24 | 5891408 hooligan2009
hooligan2009's picture

Interesting Hillary link..no doubt the leopardess hasn't changed her spots? and that's what turned Bill on so much..what next I wonder...maybe a picture of an interns pair of well creased trousers with stains in an inappropriate spot and messed up lipstick AND a "selfie"? heh

Sun, 03/15/2015 - 12:43 | 5891277 shovelhead
shovelhead's picture

Politicians: "We're gonna kick some ass!"

Reality: "We're gonna kiss some ass..."

And that was it once the hopelessness of the situation was made clear.

Sun, 03/15/2015 - 12:45 | 5891283 WaEver
WaEver's picture

Meet the new boss
Same as the old boss
We don't ........

Sun, 03/15/2015 - 12:46 | 5891290 Hannibal Barca
Hannibal Barca's picture

The guy is a joke. Even CNBC are bright enough to figure this out.

Sun, 03/15/2015 - 12:49 | 5891295 Bossman1967
Bossman1967's picture

It was an impossible journey for anybody to propose. He may have had the best in intention as I would to go in and straighten out our govenment but whn he got power he was shown just how little he could do against all hese crooks. Give the guy a break he was obviously scared shitless and clueless in his eyes a child in the midst of thieves. We all know that the world is run by these crooks and in the end they will die rite there with us. WE ALL DIE

Sun, 03/15/2015 - 12:56 | 5891319 Hughing
Hughing's picture

It's not crooked; it's the reality of Greece's situation which Syrzia never admitted  or comprehended: debt, poverty and slavery or default, poverty and freedom.

Sun, 03/15/2015 - 14:37 | 5891675 Terminus C
Terminus C's picture

This,

Poverty is in the equation no matter what.  Freedom vs slavery is the only debate.  Looks like slavery won.

Sun, 03/15/2015 - 18:24 | 5892237 ThroxxOfVron
ThroxxOfVron's picture

Too early to call it.

Let's see what the story is in 6 months or a year...

Sun, 03/15/2015 - 13:15 | 5891385 Anunnaki
Anunnaki's picture

If the choice is robbing pensions to pay the banksters or default, Whatthefuckis CHOSE debt slavery

Why should he deserve any sympathy for selling out his people?

Because he is a celebrity politician? Fuck that. That's how we got stuck with Obunghole

Next....

Sun, 03/15/2015 - 12:50 | 5891298 Joebloinvestor
Joebloinvestor's picture

CNBC was more fun with Syliva, especially when she had a few.

Mon, 03/16/2015 - 05:04 | 5893472 Sisyphus
Sisyphus's picture

Sylvia Saint?

Sun, 03/15/2015 - 12:51 | 5891301 thunderchief
thunderchief's picture

I have more respect for the man now.

Eat shit CNBC.

Sun, 03/15/2015 - 13:34 | 5891439 Who was that ma...
Who was that masked man's picture

Why???

Sun, 03/15/2015 - 12:56 | 5891314 buzzsaw99
buzzsaw99's picture

if there was any doubt before there isn't now. going on cnbc proves that he is a total dumb fuck.

Sun, 03/15/2015 - 13:34 | 5891442 Who was that ma...
Who was that masked man's picture

There was little doubt before.

Sun, 03/15/2015 - 15:19 | 5891803 dexter_morgan
dexter_morgan's picture

As usual, you cut right to the chase!

Sun, 03/15/2015 - 12:55 | 5891316 directaction
directaction's picture

Keep it classy, CNBC. 

You filthy sleazeballs. 

Sun, 03/15/2015 - 12:58 | 5891324 Jonesy
Jonesy's picture

Oh, I like theater.  It's like pro-wrestling for the Goyim.  If this asshole were real he wouldn't have time to be on CNBC.

 

Look at his actions, not what he says, and quit being a dumb as shit Goy believing everything you see and hear.

Sun, 03/15/2015 - 13:15 | 5891388 GMadScientist
GMadScientist's picture

The rest of the kibbutz would like to use the TV now.

Sun, 03/15/2015 - 12:58 | 5891329 Dekyus
Dekyus's picture

Varoufakis is a hard asset for the Eurozone, but a traitor for the people 

Sun, 03/15/2015 - 13:03 | 5891337 SilverFish
SilverFish's picture

= "I KNOW YOU ARE, BUT WHAT AM I!!"

Sun, 03/15/2015 - 13:03 | 5891338 Iam Yue2
Iam Yue2's picture

If Badiou were dead, he would be turning in his grave.

Sun, 03/15/2015 - 13:05 | 5891345 Atomizer
Atomizer's picture

I'll take cock block for $1,000, Alex. 

Sun, 03/15/2015 - 13:06 | 5891346 HYMN
HYMN's picture

No matter what happens greece has thrown back the curtain and have shown the world just how depicable bankers are. Those who couldn't care less,knew nothing of the fraud and were under the false impression the IMF did Gods work in helping nations in trouble,now see them as the loan sharks they are.

Sun, 03/15/2015 - 15:18 | 5891801 dexter_morgan
dexter_morgan's picture

If only that were true.

Sun, 03/15/2015 - 15:16 | 5891357 Who was that ma...
Who was that masked man's picture

What would you expect?

He's Greek.  10 to 1 says he's a "back door man" too, but only his wife and the houseboy know for sure.

Sun, 03/15/2015 - 13:09 | 5891362 Anunnaki
Anunnaki's picture

Not nearly the Rockstars they thought they were the day after election day

Seriously the Greek issue is beyond boring unless rhey default

Sun, 03/15/2015 - 14:24 | 5891621 Farqued Up
Farqued Up's picture

Questions I have. When Greece entered the EU with the UK did they ever get their statue back from the UK that was confiscated from the museum on the Acropolis? Our tour guide made a bit of a sentimental plea when we toured.

How can a country be a serious participant in a system when the parasites outnumber the productive, the fattest ticks are in the government, the country has absolutely no chance of recovering as structured, and don't want their assets plundered?

The only options that appear to me to be viable are; 1) give away assets to satisfy the money changers, assets such as islands, blue and white ferry ships, ouzo factories and sex slaves, or; 2) tell the bankers that when they give handouts to beggars when on the streets of these capitals do they expect to be paid back, no, so go piss up a rope. "Hey, Troika, wouldn't you rather us owe it to you than to fuck you out of it?"

Hey, mofos, kick us out, we ain't dragging up, we beez declaring Force Majeure, catch us if you can. If your phones don't ring, it's us, plagiarizing a country song. 

 

Sun, 03/15/2015 - 13:10 | 5891369 JR
JR's picture

The criticism of Varoufakis misses the point. The focus here is on the troika steamroller and its vast propaganda machine of which this CNBC reporter bows in allegiance, doing her part to support the banker stranglehold on Greece.

And, by the way, his response to “Are you a liability for your party?” is not a “six-year-old-child-in-a-schoolyard-like” comment. It is a man standing against the forces of tyranny. A child does not do that; a man does.

Where are the men in America who will stand against the banker media? What a quaint idea that the media in America represents information; it is on the banker payroll, prostitutes to the end.

Sun, 03/15/2015 - 13:15 | 5891387 Atomizer
Atomizer's picture

Leave no banker left behind. 

Era Of Shattered Illusions

http://m.youtube.com/watch?v=Ku3PtwvK-nk

Sun, 03/15/2015 - 13:41 | 5891473 JR
JR's picture

The video link you have provided underscores the coming head on collision between the lies of the tyranny and the truth of the reality. No one has analyzed this clash any better than Fred Reed. All of his material is explosive. Here are a few grafs from his article, Separation of People and State:

It is curious: Though I have spent a lifetime in journalism, I do not read a newspaper, not the New York Times nor the Washington Post nor the Wall Street Journal. Nor do I have television service.

Why? Because, having worked in that restaurant, I know better than to eat there. The foregoing media are quasi-governmental organs, predictably predictable and predictably dishonest. The truth is not in them.

This system is breaking down under the onslaught of the internet. Papers are losing both credibility and circulation. So are the networks.

… Newspapers can assume that their subscribers can at least read but, intelligence being pyramidal in distribution, have to focus on the lower end. They also have to avoid offending the advertisers, the politically correct, or the corporate ownership.

By contrast, web sites have few of these problems. Since they aggregate their readership from the whole planet, they do not have to concern themselves with grocery ads in St. Louis.  They cost little to run. They do not need the bottom end of the distribution. And they have become multitudinous. Collectively you might call them "a free press."

There are for example Taki’s Magazine, leaning hard to the political Right but thoughtful, beautifully written, fearless, and possessed of a beguiling aristocratic snottiness; the Unz Review, leaning hard in all directions at once but written by and for a cognitive elite; Anti-War.com, not sucking up to military industry; Tom Dispatch, extraordinarily informed analyst of imperial policy; Counterpunch, hard Left but highly intelligent, and the Drudge Report, half grocery-store tabloid and half unintimidatable teller-like-it-is, sort of America’s thermometer.

These and countless others are all over the spectrum, any spectrum, every spectrum, off spectrum, but in most cases assume a post-graduate intelligence and knowledge. No newspaper of which I am aware comes close.

It amounts to distributed cognitive stratification. Before the internet, people who wanted a high level of intellectual community had to move to a large city or live on the campus of a good university. Magazines of small circulation delivered by snail mail helped a bit, but not much. Today, email, specialized websites, and list serves put people of like mind in Canberra, Buenos Aires, Bali, and Toronto in the same living room, so to speak.

Which we all know already. But what does this globalization do to newspapers? How can they compete for the intelligent market? Or for readers who simply do not believe them? They are dull because they have to be, bland because they must avoid offending anyone, controlled because they can be. They write to the least common denominator of their clientele because they have to be comprehensible to non-specialist readers and, in the United States, are quasi-governmental. (Note that the decade’s biggest story, Edward Snowden, was broken by a Brazilian reporter in an English paper.)

http://www.fredoneverything.net/TwoTiers.shtml

As for the future of television? “Television's becoming even more of a cultural slum, if that is possible…”

Sun, 03/15/2015 - 13:55 | 5891521 Atomizer
Atomizer's picture

Well said, continue to educate. Cannot wait to watch for them to tax rain water. The blow back will be entertaining to watch. 

Sun, 03/15/2015 - 22:57 | 5893160 Luckhasit
Luckhasit's picture

Depending where you live in the US, you can't collect rain water.

Sun, 03/15/2015 - 14:44 | 5891695 Farqued Up
Farqued Up's picture

JR,

TV? Combo of the Roman Coliseum and infomercials. Of course, DTV has about a dozen channels dedicated to ghosts, mostly Holy. The Discovery type channels have locks on the unholy haunted varieties. Hey, Bigfeet exist all over. The DTV channels have some good stuff, some tripe, some pabulum, shopping, nature, science, real history, aliens, you name it. 

The govt has tried to screw it up by forcing local bullshit AIR channels on us. I'm in full reject on all air channels.

Sun, 03/15/2015 - 17:19 | 5892050 Prometheus Unbound
Prometheus Unbound's picture

Your move from posting nonsense copypasta to comments like this is extremely impressive, and justifies a lot of fights that were had.

 

100% respect.

 

https://www.youtube.com/watch?v=dpWEv9Q0XQ4

Sun, 03/15/2015 - 17:26 | 5892083 shovelhead
shovelhead's picture

Why newspapers?

Cheap way to pick up the dogshit in the yard.

I hate shit on my shovel.

Sun, 03/15/2015 - 13:16 | 5891389 czarangelus
czarangelus's picture

If CNBC hates him, I'm inclined to give him a little more benefit of the doubt. He bought four more months to stabilize Greece with nothing but empty promises; at the end of those four months Syriza can say "oh and LOL bai EU" with a lot more preparation than they had in the brief time since the election. I'll be the first to call for his head if the capitulation continues, but for now, he seems to have all the right people pissed off at him.

Sun, 03/15/2015 - 14:36 | 5891669 elvy
elvy's picture

He was banned from Greek state TV back in 2011, right around the time that the second loan to Greece was being finalized and the transfer of creditor status from EU banks to EU citizens. He was fiercely against that, had even pleaded with then PM Papandreou to reject the loan offer as it would do nothing more than... create the current situation.

 

He is an enemy of the system, plain as day. That even Zerohedge prefers to concern itself with lifestyle instead of actual issues is depressing.

 

http://yanisvaroufakis.eu/2011/06/12/the-greek-crisis-and-the-threat-to-...

 

 

Sun, 03/15/2015 - 20:06 | 5892528 Promethean
Promethean's picture

From:  https://newmatilda.com/2015/01/31/greece-first-days-left-wing-government

"In reality, Samaras was a consummate populist, espousing a strange blend of Mussolinian ethno-populism which remains the main ideology of all ruling elites of left and right in the country since 1980. The Golden Dawn however were too fanatical and too aggressive to be tamed or controlled.

After the assassination of a rapper two years ago, their strange deposition began in front of the television cameras.

The media played a dubious role in this: all 12 national stations function under ‘temporary licenses’, so their very existence depends on the good will of the government. Both PASOK and New Democracy have used this implicit method of blackmailing in order to silence genuine criticism and independent journalism in the public sphere.

The channel-owners were of course keen to go along with any government that gave them endless loans (not repayable), tax exemptions and exclusive interviews with the prime minister and his ministers. The collusion between the media and the previous government reached the level of an obscene insult to common intelligence."

Sun, 03/15/2015 - 13:17 | 5891391 MsCreant
MsCreant's picture

I am not sure what you all saw. He had a good answer to her question. She had a good answer to his. They both are trying not be liabilities to their organizations.  Both parties in the interview, like it or not, were doing their job as it has now become defined in the system. Criticize the system that goes after "noise" rather than going after "news." For her, the noise is news. 

I have been interviewed on national television before. They told me they were not going to question me about a particular topic I asked them not to talk about. I went to New York and the interviewer did it anyway. I am sure they had to cut out 5-10 minutes of footage of me calling them lying bastards on camera. The interview wound up, and I was left by myself with the camera guy and the producer. The camera guy had class, came out from behind the camera and introduced himself. Told me that all of these bastards are like this, and what he did to me was wrong. The producer and him took me out to get something they call B-roll, shots of me walking in the park, stuff like that, then we went to lunch. They told me they have to do this with people that get screwed over by the "personality" all the time. It is just how these people are. I had to come to it that I was flattered that they wanted to talk to me and that made me a chump. It is a hard pill to swallow, but it is reality.

Back to this guy, he was actually pretty polite about the whole thing AND he did put it out there (the interview and pictures that caused so much trouble). Like me, his vanity got him in trouble. Like me, he knew damn well that this too was an ambush and he was not going to just take it. 

Sun, 03/15/2015 - 13:49 | 5891498 bid the soldier...
bid the soldiers shoot's picture

 

I saw your interview.  

You were great.

Sun, 03/15/2015 - 14:47 | 5891713 Terminus C
Terminus C's picture

Screenshot or it didn't happen...

P.S. can you link the interview, I am curious now :)

Sun, 03/15/2015 - 17:38 | 5892115 Prometheus Unbound
Prometheus Unbound's picture

It's called "Poke the Bear". Emotional reactions sells, because it's extremely hard to fake. Media is wargaming, just in a different format.

The worst cases are lower level tiers of media that exploit people who don't understand the meta-function that goes on (and sells it to same punters). You understood it, but still believed in the myth ("the objective journalist"). The Jerry Springers of this world don't get rich by farming people like you, they go for the ones who can't even see it.

As an aside that not many will read: the guy worked for Valve. They have a history of unique and original solutions to problems, and have a fair amount of connections in very specific places. Smart money is on the hare in this coursing event.

 

https://www.youtube.com/watch?v=WANNqr-vcx0

Sun, 03/15/2015 - 13:21 | 5891399 One And Only
One And Only's picture

He least he didn't tell the greeks to eat their peas and keep their tires inflated while bombing people and collecting nobel peace prizes like the US president did.

...and the advisors that call the American People stupid. That was particularly endearing.

Sun, 03/15/2015 - 13:39 | 5891461 No.Fifth.Turning
No.Fifth.Turning's picture

...and because you didn't take his advice about keeping your tires inflated, you can expect the new Dept of Federal Tire Pressure Inspection to be installed after his Coronation.  

 

...and about those peas you so hate so much...

Sun, 03/15/2015 - 13:27 | 5891416 painlord-2k
painlord-2k's picture

 

As any and all (left, center and right) socialist Varoufakis would mute the press and all critics when his plans show to be impossible to realize.
Who do not agree with him is surely too stupid, evil or dumb. 

Sun, 03/15/2015 - 13:55 | 5891519 JR
JR's picture

Isn’t it ironic that a “socialist” takes on the entire socialist mechanisms of the euro zone – all embodied in the Troika? His party affiliations and anger at the press are literally dwarfed by his actions in trying to rally the Greek people to remove the yoke of slavery by which European Socialism has bound them.

Labels can be extremely misleading; George Orwell, an admitted Socialist, did more than almost any human being to expose the tyranny of Socialism.

Sun, 03/15/2015 - 13:27 | 5891417 painlord-2k
painlord-2k's picture

 

As any and all (left, center and right) socialist Varoufakis would mute the press and all critics when his plans show to be impossible to realize.
Who do not agree with him is surely too stupid, evil or dumb. 

Sun, 03/15/2015 - 13:40 | 5891462 khakuda
khakuda's picture

Good for him. He screwed up with that silly photoshoot, Best not to comment on it.

Sun, 03/15/2015 - 13:40 | 5891465 TabakLover
TabakLover's picture

I don't care what this guys does......... if he can screw the banksters.

Sun, 03/15/2015 - 13:53 | 5891513 Bill of Rights
Bill of Rights's picture

That must've been one hell of a suit case full of Euro.

Sun, 03/15/2015 - 14:04 | 5891553 Niall Of The Ni...
Niall Of The Nine Hostages's picture

A liability to Syriza? How about to the Greek people? They'd be lucky if Varoufakis and his wife were just an embarrassment.

Sun, 03/15/2015 - 14:36 | 5891667 Hannibal Barca
Hannibal Barca's picture

True. The unwashed mases dodn't even imagine yet.

Here you see the morons praying ecstatically for their Soros puppet demi-God.

Sun, 03/15/2015 - 14:10 | 5891571 Last of the Mid...
Last of the Middle Class's picture

I think it is absolutely fucking amazing how fast they sell out. Greed is always a constant, good govetnment is meant to combat greed, that is when it's not hijacked for some incredibly stupid liberal agenda. 

Sun, 03/15/2015 - 14:13 | 5891582 lesterbegood
lesterbegood's picture

Pre-sold, pre-paid, pre-approved, and pre-authorized.

Rinse and re-peat.

Sun, 03/15/2015 - 14:12 | 5891581 casfoto
casfoto's picture

Well, I have read his statements and comments. Very intelligent man. Not a fraud...and in a very difficult situation. Wait till Spain Portugal get going...you will see all kinds of interesting deals. The world has been sold a bill of goods. We have tried to keep a lid on the debt but there is no possible way that the world will be able to pay it off. Back in 2007 the Bank of International Settlements had the world debt at $658 Trillion. That is TRILLION dollars. Now it is 2015 and guess what...now it is $709 TRILLION. Who is going to pay for his huge amount of dollars that has been created by the Monster Banks. It is as if they had gone a one year drunk and gambling crusade and now they are sobering up. AND we have to pay it.

No thanks.

Sun, 03/15/2015 - 14:18 | 5891603 Icelandicsaga.....
Icelandicsaga...............................................'s picture

The Greeks look at the EU from a position of perceived inferiority .. they can not give up the status and would rather starve than do so .. they want miracles .. in a system of oligarchical and familial control of the system . its mafia without the heart .. I heard one Greek fisherman say he did not like austerity but wanted to sell his fish to Europe .. anything for a buck .. reminds me of Larry . Daryyl and Daryyl.. anything for a buck ..in the case of Greece its also about wanting to be a player . which they will never be.. they do not have the production or assets to be a player ..  things will likely end up with a strong man in charge.. again.. or Greece could just totally collapse and no one gives a crap. The EU .. one way or the other will go down .. Greece will be the canary in the coal mine.

Sun, 03/15/2015 - 16:07 | 5891904 Withdrawn Sanction
Withdrawn Sanction's picture

"The Greeks look at the EU from a position of perceived inferiority ..."

It may be their perception, but it is not in fact, fact.  I think it was Donald Trump who once observed, when you owe the bank a million dollars it's your problem (if you dont pay).  If you owe them several billions, it's their problem.  

EU banksters have a serious problem...and are well and truly screwed no matter what Greece does. 

Sun, 03/15/2015 - 14:19 | 5891604 q99x2
q99x2's picture

CNBC = Goldman Sachs

Sun, 03/15/2015 - 14:21 | 5891606 uncle_disgusting
uncle_disgusting's picture

Yup, obviously enjoying his 5 mins - the photo shoot was a boob. ZH seems to have already decided that the guy and Syriza are a busted flush.

We still don't know why he didn't just tell Merkel et al to stick it the other week, but time will tell whether Syriza do actually have a gameplan at all.

All the talk of Grexit is bollocks. As you must well know, €uro membership is irrevocable, deliberately so. There is no treaty provision for a country to leave or to be thrown out. If Greece defaults, she will do so within the €uro and the rest of the team will pick up the tab.

Sun, 03/15/2015 - 14:25 | 5891630 MsCreant
MsCreant's picture

Then Italy defaults, then Spain, then France...

I am not as sure as you are. They are not built like the United States, where California picks up the tab for Mississippi, but we don't notice because it all goes into the "Fed" pot. But then again, there are Treasuries and the Printer...

Sun, 03/15/2015 - 14:24 | 5891625 Chris88
Chris88's picture

Just the response I'd expect from this dimwitted hack.  Anybody who supported this clown or Syriza from the start was a complete idiot.  What if Syriza "did what it said"?  What it said it would do was just implement full blown socialism (from the 90% that exists in Greece now), steal everybody's money, make everybody a total serf (even more), and really just walk down the road of the same tired shit: spending money it doesn't have to buy the votes of the welfare recipients.  Yeah, let's pretend that's different just because it would screw over another abhorrent entity like the ECB/IMF.  FYI, for anybody that's looked at a European bank's filings, if Greece did fully default it would be a drop in the bucket for these guys, so all the tales of this "hurting the banksters! ZOMG!" are just from retards that never pulled up a filings to see how bad they'd be hurt, or rather what a bee sting feels like.  People that supported Syriza = same idiots that supported Obama - yes, you're equally as moronic.

Sun, 03/15/2015 - 14:51 | 5891724 Monty Burns
Monty Burns's picture

"spending money it doesn't have to buy the votes of the welfare recipients."

Yup, that appears to have been the "plan".  What beats me is how they thought it could have even come close to working. Maybe it's just traditional Greek politics: Gain power, plunder, flee with loot.

Sun, 03/15/2015 - 20:34 | 5892630 Chris88
Chris88's picture

4 downvotes from socialist hacks with liberal arts degrees...aww, how cute.  All butthurt cause they got suckered.

Mon, 03/16/2015 - 10:00 | 5893945 Fod
Fod's picture

Do you have any idea about the political situation in Greece? Are you aware that a big part of the votes went to SYRIZA in order to get PASOK and ND out of office? Not everyone voted SYRIZA for their socialist fantasies.

Sun, 03/15/2015 - 14:30 | 5891648 THE DORK OF CORK
THE DORK OF CORK's picture

I believe I called Yanis V for what he is some time ago.

He is a internationalist with no connection to the home and hearth.

In short he is a total frigging disaster for the Greek people

Sun, 03/15/2015 - 14:34 | 5891660 Peter Pan
Peter Pan's picture

No single person can reverse the plight of Greece.

In fact every single Greek politician in the last 30 years has been a disaster for Greece.

His problem is that he thinks that he is the master of game theory but the bigger problem is that Greece's problems are neither a game nor a theory. They are a reality that no game theory can deal with.

Sun, 03/15/2015 - 14:50 | 5891698 THE DORK OF CORK
THE DORK OF CORK's picture

TH 

Go read his little piece over in naked capitalism la la land.

He is a classic euro corporatist.

The problem in Europe is certainly not lack of investment,    it is a lack of purchasing power.

 

He sees himself as a tax collector for the banks

 

The monopoly of credit must be challenged - the people of Greece will get nothing from this spider.

 

Sun, 03/15/2015 - 18:56 | 5892336 Chris88
Chris88's picture

Like me, you must've pissed off a few of the free shit crowd to earn those down arrows.  

Sun, 03/15/2015 - 14:30 | 5891652 Peter Pan
Peter Pan's picture

Whether Greece stays or leaves the Euro is not the primary question. 

The real issue is whether Greece can pay for its way even when it has no debt.

And the sorry answer is that it CANNOT pay for its way yet. So it either has to reign in its spending as a whole or it has to earn more income to balance its overall balance of payments.

Until then, there will be more and more pain.

Sun, 03/15/2015 - 14:59 | 5891746 THE DORK OF CORK
THE DORK OF CORK's picture

You are falling for the classic bankers mercantile h end fake.

Go read some Ch Douglas.

The monopoly of credit must be challenged.

State sponsored usury / capitalism must be destroyed if we are to save humanity from the pox carrying globalists  that is of Yanis Vs ilk.

 

 

 

 

Sun, 03/15/2015 - 15:07 | 5891765 Peter Pan
Peter Pan's picture

You are failing to understand that sustainability is central to any system and has nothing to do with politics.

 

Sun, 03/15/2015 - 15:21 | 5891811 THE DORK OF CORK
THE DORK OF CORK's picture

Not sure you understand.

Politics post Tudor times is a illusion.

Real politics today is state sponsored usury.

It began proper in the British Isles under Henry Viii with the 1545 usury act.

The banks business is the extraction of purchasing power.

What typically happens in the modern European industrial economy is that basic consumption is extracted from the population.

The banks not knowing what exactly to do with the surplus then create credit for cars and other useless junk and dump it on our heads.

There is no bottom up demand signal as the people don't have the tokens

 

Sun, 03/15/2015 - 15:32 | 5891838 THE DORK OF CORK
THE DORK OF CORK's picture

Yanis V investment plan can only add further costs, these investments cannot be used without the addition of interest free credit.

The very home of Dirigisme is collapsing under the monstrous weight of usury.

The Iea has just published electricity and Nat gas consumption figures for the Oecd For 2014.

France has suffered the biggest fall of consumption in the entire oecd

.Electrical consumption is down 6.1%!!!!

 

Yet he wants Greece to be more like France,  a usurious paradise.

Yanis V is a danger to humanity.

His purpose is to lead naive people up the garden path.

Sun, 03/15/2015 - 14:34 | 5891661 Downtoolong
Downtoolong's picture

Come on, it's never really an argument in Greece until the fists start flying.

Now that would get some real ratings.

 

Sun, 03/15/2015 - 14:39 | 5891680 Devon
Devon's picture

Of all the bad things about being a Brit, one of the good things is it is easy to ignore CNBC. Have by accident switched through to it on rare occasions and gobsmacked at how shite it is. 

Sun, 03/15/2015 - 14:40 | 5891681 dexter_morgan
dexter_morgan's picture

As I said before, bankster tool living the good life over there in Greece

Sun, 03/15/2015 - 14:54 | 5891734 activisor
activisor's picture

Varoufakis is inexperienced, but he is is an intelligent man. I have watched a number of his "Boom Bust" interviews on RT, and he makes a great deal of sense.  I believe he is determined to do his best for the Greek people, and I believe he will succeed over time in turning the Greek economy around. He has a lot of onfluental friend who want Greece to succeed. An orderly Grexit is on the cards.

Sun, 03/15/2015 - 15:01 | 5891753 crashguru
crashguru's picture

Apparently the vain bastard is not as smart as he deems himself

Sun, 03/15/2015 - 15:01 | 5891754 crashguru
crashguru's picture

Apparently the vain bastard is not as smart as he deems himself

Sun, 03/15/2015 - 15:07 | 5891769 ross81
ross81's picture

I wouldnt give a fuck if he's a Socialist maverick or a Libertarian maverick. If there's one thing the MSM hate is a wildcat who says things they just do not want to hear.

Sun, 03/15/2015 - 15:10 | 5891773 VWAndy
VWAndy's picture

He still has some very good options he could use. Any time they want they can whip out the truth and rub some faces in it. Perp walks of some bankers and the whole planet will all cher for more.

 Tic toc mfrs.

Sun, 03/15/2015 - 15:21 | 5891809 king leon
king leon's picture

This may not be as bad as it looks .Greece either defaults, or pay the EU loan sharks. Either way, Greece is ass-fucked so they may as well default and ass-fuck the EU too and clear the debt. Russia and other BRICS countries will help , Iran and Cuba have rode the storm ok over the years, People just have to dig in and work hard, their tourist industry shouldn't be affected 

Sun, 03/15/2015 - 15:21 | 5891810 king leon
king leon's picture

This may not be as bad as it looks .Greece either defaults, or pay the EU loan sharks. Either way, Greece is ass-fucked so they may as well default and ass-fuck the EU too and clear the debt. Russia and other BRICS countries will help , Iran and Cuba have rode the storm ok over the years, People just have to dig in and work hard, their tourist industry shouldn't be affected 

Sun, 03/15/2015 - 15:47 | 5891868 wonderatitall
wonderatitall's picture

i like that brit-chik, hooo boy

Sun, 03/15/2015 - 15:45 | 5891867 Latitude25
Latitude25's picture

Is this why Putin's disappeared?  WW3 next week?

http://www.eutimes.net/2015/03/russia-warns-state-of-war-exists-as-uk-nu...

Sun, 03/15/2015 - 16:12 | 5891912 Withdrawn Sanction
Withdrawn Sanction's picture

Lots of stories on the net speculating about Vlad's whereabouts.  Been out of sight for nearly 10 days now.  Oddly, nary a peep from the MSM.  Go figure. 

Sun, 03/15/2015 - 16:22 | 5891938 TweedleDeeDooDah
TweedleDeeDooDah's picture

Yeah, just the odd smatterings from the independent and "outside" journalism sources like BBC, Newsweek, Wash Po, Economist, NBC, and NY Post... the usual "conspiracy rags"....

Ignorant fucktard...

Sun, 03/15/2015 - 15:53 | 5891880 THE DORK OF CORK
THE DORK OF CORK's picture

Something deeply wrong with the European economy as a whole.

We have just witnessed a 10 % drop in European Nat gas consumption for 2014.

With both Germany and France leading the way at 14.4% and 16% + respectively.

And no renewables are not replacing the gas.

PRODUCTION OF ENERGY IS DOWN DOWN MASSIVELY.

We are seeing a slow soviet like car crash.

 

Sun, 03/15/2015 - 16:14 | 5891918 TweedleDeeDooDah
TweedleDeeDooDah's picture

So mean that hybrid cars and a return to wood burning have NOTHING to do with this?

Everyone I know that makes more than 1500 euros seems to like buying those LED lamps that use 2 to 5 watts, as opposed to 40 to 100 watt bulbs... at work AND home - they last more than 70,000 hours before you have to replace them... Even in eastern europe people are building new houses using geothermal heating.

When enough people do this, it becomes NOTICEABLE.

Sun, 03/15/2015 - 17:04 | 5892023 THE DORK OF CORK
THE DORK OF CORK's picture

No - nothing.

Diesel consumption in Europe is actually at a all time high as a result of bank credit produced for monster cars.

Social creditors arguments would orbit around how energy is used rather then efficiency.

Essentially the more efficient Europe becomes the more diesel is used by the corporate / banking sector.

There mission in life as always is to destroy the proles purchasing power via corporate conduit extraction. 

Mon, 03/16/2015 - 13:22 | 5894578 Sauerkraut-Opinion
Sauerkraut-Opinion's picture

"Something deeply wrong with the European economy as a hole (...) nat gas cosumption (...) Germany and Fance (...) 14,4% and 16%."

Don't worry - subsidized windmill & solar energy (...even for private households feeding surplus electricity back into the grid is a lucrative alternative in the era of zero-percent-rates...) zero energy houses, thermal insularion, more high efficient power plants are extremely booming. Even modern nuclear-, coal- and gas-powerplamts are driven down due to the 'exploding' number of clean ernergy sources. So without doubt we will see these developement also in 2015.

Beside of this winter 2014 was the warmest ever in Germany since recording weather datas - oil tanks remained full as well as gas consumption in private households was extremely low. Now imagine the combination...

New rules like the "Erneuerbare-Energien-Wärme-Gesetz" in Germany is permanently leading to reduced waste of energy. In 2020 it's expected that almost 47% of electricity is generated by renewable energy sources.

Less consumption is just the indicator of this succsessful development.

Sun, 03/15/2015 - 16:12 | 5891913 GMadScientist
GMadScientist's picture

"Are you a liability for your channel?"

No, Mr. Varoufakis, I'm as replacable as anyone else here. And you?

Sun, 03/15/2015 - 16:13 | 5891915 Catullus
Catullus's picture

How many bluffs are going to get called on this guy before someone realizes he's got nothing?

Sun, 03/15/2015 - 16:14 | 5891917 Arbeit_Macht_Frei
Arbeit_Macht_Frei's picture

This cocksucker is just another self-serving vain twat.

Sun, 03/15/2015 - 16:18 | 5891928 orangegeek
orangegeek's picture
Varoufakis and CNBC deserve each other - two pieces of shit.
Sun, 03/15/2015 - 16:23 | 5891941 basho
basho's picture

more balls than most of the posters on this thread. lmao

Sun, 03/15/2015 - 16:25 | 5891944 falak pema
falak pema's picture

Lady Chatterly : Are you  a gardener?

Yanis : do you have a perfumed garden?

Lady Chatterly : Is your instrument an asset or a liability?

Yanis : Is your garden a feminine disaster or a feminine charm?

The next sequel will be in the house of cards with Yanis as lead player who says "banco".

Wonder if Lady Chatterly will be like Madonna without her undies to share the thrill when the bank calls his bluff.

Strong stuff, the things that make empires attack Troy under siege; Cassandra, the far seeing muse,  into a captured princess and source of Murder unended, fall of house of Atreus.

Sun, 03/15/2015 - 17:39 | 5892121 shovelhead
shovelhead's picture

No,don't worry.

He always sounds like this when the orderlies are late with his lunch.

Sun, 03/15/2015 - 16:27 | 5891949 Coletrane
Coletrane's picture

Typical leftist filth. They want to be thought of as cerebral giants yet when they are pressed to answer real questions or real ideas with FACT and TRUTH , they either distract and start pointing fingers or they become INtolerant and angry for your audacity to question their superior intellect.

 

 

fuck these disingenuous filthy leftist pieces of shit.

Sun, 03/15/2015 - 16:29 | 5891952 Ban KKiller
Ban KKiller's picture

Just follow orders and all will be fine, right?

Sun, 03/15/2015 - 19:46 | 5892472 GMadScientist
GMadScientist's picture

Just a little more goosestepping...

Sun, 03/15/2015 - 16:42 | 5891976 Griffin
Griffin's picture

I think that when people criticize Varoufakis they should take into account that he is doing a very difficult job for his financially f***ed up nation.

I suppose he expected some criticism when he accepted this position.

 

 

Sun, 03/15/2015 - 18:31 | 5892267 Catullus
Catullus's picture

Or we should take into account his actions to date and realize he's just another sellout.

Sun, 03/15/2015 - 16:45 | 5891980 Vin
Vin's picture
Varoufakis caved.  Let's face it, he saw the money and/or the threats to his family and he caved, just like Roberts on the supreme court.
Mon, 03/16/2015 - 01:24 | 5893355 Savyindallas
Savyindallas's picture

Roberts caved  -no doubt  -bribes or blackmail  -the Supreme Court is owned by the really bad guys  -4 jews and several others bought and sold, no doubt. Not sure about Varoufakis  -I still have faith  (or hope in him)   -they just got in power  - maintain power by the smallest of margins in coalition with shady characters  -they are taking on the Fucking EU and US -

Give them a break  - give them more time. They can fall on their sword and committ suicide in 4 months now, if that be the case. They have given themselves more time  -hopefully a tactical retreat to live to fight another day. 

Sun, 03/15/2015 - 16:57 | 5892013 847328_3527
847328_3527's picture

Truth be told, I've never heard of a politican, banker or military leader to miss a dinner despite the most dire circumstances for the average sheeple, no matter what nation we're talking about.

Sun, 03/15/2015 - 17:16 | 5892049 walküre
walküre's picture

Nothing wrong with the photo shoot. He didn't need to apologize for anything. What is "lavish" about the photos? The Corningware heat resistant dish on the cheap dining table? If this is how the Greek FinMin dines, then I want to be his guest. The guy is dope. His wife looks nice and is probably very likeable too.

Stupid press...

Where is Putin?

Sun, 03/15/2015 - 20:32 | 5892621 WillyGroper
WillyGroper's picture

bunker?

Sun, 03/15/2015 - 17:33 | 5892053 earleflorida
earleflorida's picture

sorry duplicate -(

Sun, 03/15/2015 - 17:31 | 5892084 earleflorida
earleflorida's picture

Sir Halford J. Mackinder --- Quote: "The possession of Greece by a great `Heartland' power... would probably carry with it the control of the World-Island".

*Mackinder Quotes:  "The `Heartland' is the bulk of interior Eurasia that is relatively sparsely populated, with the demographic immensities of China, India, and the western half of Europe to the sides of it, and in the Middle-East-- the Heartland to Arabia, is Iran".

Quote Mackinder:: "`Who rules East Europe commands the Heartland:  Who rules the Heartland commands the World-Island:  Who rules the World-Island commands the World' ".

* "The `World-Island' is made-up of Eurasia and Africa" **"Their is one Ocean covering nine-twelfths of the globe; there is one continent-- the World-Island--  covering two-twelfths of the globe; and there are smaller islands whereof North America and South America are, for effective purposes, two, which together cover the remaining one-twelfth. Furthermore, one could say that 75 percent of the human population lives in Eurasia (to speak nothing of Africa), which contains most of the world's wealth, 60 percent of its gross domestic product, and three-quarters of its energy resouces".

end Mackinder Quotes

'Greece, and the Heartland' and the, 'Geographical Pivot of History'     ref:    http://en.wikipedia.org/wiki/Halford_Mackinder

http://en.wikipedia.org/wiki/The_Geographical_Pivot_of_History

so whose isolated...?

jmo

Ps. fill-in the missing lines...?!?

Mon, 03/16/2015 - 12:20 | 5894464 earleflorida
earleflorida's picture

addendum:   Think Germany leaving the EU, which changes the calculus every day with rabid-fluidity?

"Selim Yenal: The EU lacks vision for Cyprus reunification"  (Greece, Turkey, and Russia?) 3/11/15

http://www.euractiv.com/sections/global-europe/turkish-ambassador-eu-lacks-vision-cyprus-reunification-312800

"Russia might bailout Greece- Finance Minister" 1/31/15        http://rt.com/business/227751-russia-greece-financial-aid/    

???

Sun, 03/15/2015 - 17:42 | 5892130 rejected
rejected's picture

[then commented, six-year-old-child-in-a-schoolyard-like "are you a liability for your channel?]

 

So one is like a six year old for defending oneself from the lepers at CNBC? I think it was a great analogy...

Sun, 03/15/2015 - 17:55 | 5892158 shovelhead
shovelhead's picture

I gave the guy credit for trying to bluff his way into their wallets but when he failed he didn't have the sack to follow through with the next logical step.

Better to be broke and free than to be broke and under the EU thumb. If you are going to run your life like a pants pissing drunk, it's much better if you don't have someone nagging you. Politicians got Greece into this mess so I don't expect the same to get them out of it.

Fail for Varoufakis and Syriza.

Sun, 03/15/2015 - 18:26 | 5892248 Unix
Unix's picture

Both are liabilities if you ask me!

Sun, 03/15/2015 - 18:29 | 5892257 Shirley Swanepoel
Shirley Swanepoel's picture

Cool cucumber!

Sun, 03/15/2015 - 18:42 | 5892289 Vinividivinci
Vinividivinci's picture

From hero to zero in the blink of an eye...

Sun, 03/15/2015 - 18:47 | 5892306 22winmag
22winmag's picture

CNBWHO?

Sun, 03/15/2015 - 18:56 | 5892331 Wilcox1
Wilcox1's picture

Heh, a FinMin with Lead Singer Syndrome

Sun, 03/15/2015 - 18:57 | 5892340 ArmyofOne
ArmyofOne's picture

 

"Jerry, just remember. It's not a lie... if you believe it..."

 

 

https://youtu.be/vn_PSJsl0LQ

Sun, 03/15/2015 - 18:57 | 5892341 ArmyofOne
ArmyofOne's picture

 

"Jerry, just remember. It's not a lie... if you believe it..."

 

 

https://youtu.be/vn_PSJsl0LQ

Sun, 03/15/2015 - 19:13 | 5892380 MauritiusGold
MauritiusGold's picture

Aha shit, at least this Greek guy makes the whole thing more fun. If you listen to a Draghi interview by contrast, you're asleep in 30 seconds.

Sun, 03/15/2015 - 19:22 | 5892406 MauritiusGold
MauritiusGold's picture

I'd love an open interview with him, Blankfein and Dimon. Can someone arrange it?

Sun, 03/15/2015 - 19:44 | 5892465 GMadScientist
GMadScientist's picture

Pretty sure Holder could, if he knew what his job was.

Mon, 03/16/2015 - 09:22 | 5893813 Jethro
Sun, 03/15/2015 - 19:32 | 5892432 rsnoble
rsnoble's picture

Typical bunch of millionaire jackasses fighting over the slaves last loaf of bread.

Sun, 03/15/2015 - 19:40 | 5892452 mass1q
mass1q's picture

This dude is a total joke, just look at the vip-like pictures with his hot wife that Paris Match published.

If I were Greek I'd be pissed, people are starving, wake up man

Sun, 03/15/2015 - 19:47 | 5892476 Promethean
Promethean's picture

Varoufakis is a smart man with good intentions but in a weak position.

I would like love to see some of the fomer Greek politicians that go them into this mess hang as criminals and all their assets seized.

The Greek politicians, with the help of the Goldman Sachs criminals treated the EU as a casino where they as players could win every time they walked in and still expect the casino to keep operating.

Sun, 03/15/2015 - 20:57 | 5892701 f16hoser
f16hoser's picture

In the end he'll do exactly as he's told. So yeah, he is a Liability!!! Nuff said.

 

 

Sun, 03/15/2015 - 21:16 | 5892795 Shop My Bid
Shop My Bid's picture

Why the hell would he even bother to talk to the useless hacks at CNBC anyway? Cramerica baby!

Sun, 03/15/2015 - 22:35 | 5893102 napper
napper's picture

Exactly!!!!

 

I was just about to say the same.

 

Just tell the whore "Stop being a presstitute."

Mon, 03/16/2015 - 06:31 | 5893525 El Hosel
El Hosel's picture

... Indeed, if your not in "the Club" why hang out with the members?

Sun, 03/15/2015 - 21:20 | 5892820 not a yahoo
not a yahoo's picture

Poor guy.

Sun, 03/15/2015 - 21:21 | 5892821 f16hoser
f16hoser's picture

Who the Fuck is

Varoufakis? Heard the name once. He's a Pussy right?
Sun, 03/15/2015 - 22:33 | 5893093 Vinividivinci
Vinividivinci's picture

"Varoufakis’s curriculum vitae, like that of Jaresko’s, reeks of George Soros-intertwined globalist links. For a finance minister who is to -- if we believe the dire warnings from the corporate press -- challenge the austerity measures dictated to Greece’s previous failed conservative and social democratic governments by the «Troika» of the IMF, ECB, and European Commission, Varoufakis has had a past close relationship with the global entities with which he is expected to battle."

Taken From "A Soros Trojan Horse inside the New Greek Government".

Article by Wayne Madsen

for Strategic Culture Foundation (strategic-culture.org)

Sun, 03/15/2015 - 22:45 | 5893132 peterk
peterk's picture

The greek syrizapartyhad ageat opportunity. They  could have made greece into a switerld or singapore.

They have no plan it seems.

They could have abandoned all the debt,reneged on it.
Cancelled all private Debt too. Everyone would be free.

Start from a clean slate/

These arethings they could have done  they wernt beholdent to  the  well off

Introduced a  New Dachma, one backed fully by gold ad could hae gone for a strong  drachma policy isnstead of the  debasmet one that llcountrie are  ruhing for.

With no debt, they  dont need inflationtion payit off, so a strong drachma would be the way forward  to raise living standads.

Then perue freemarketeconnomics, not the cronyism ofthe US style failed model, i one with NO central bank, no fractional reserve banking

What a missed opportunity.

regards

Peter

 

 

Mon, 03/16/2015 - 01:15 | 5893344 Savyindallas
Savyindallas's picture

Are you sure they have not just postponed that opportunity until a little later  -when they are ready-on their own Terms? hell-they only been in power just a few months. Why is everyone so quick to call them sellouts. A little early I would say. 

Mon, 03/16/2015 - 10:25 | 5894046 Fod
Fod's picture

The Greek state has no gold whatsoever, so your idea of a gold backed drachma is fail.

Sun, 03/15/2015 - 22:45 | 5893133 peterk
peterk's picture

The greek syrizapartyhad ageat opportunity. They  could have made greece into a switerld or singapore.

They have no plan it seems.

They could have abandoned all the debt,reneged on it.
Cancelled all private Debt too. Everyone would be free.

Start from a clean slate/

These arethings they could have done  they wernt beholdent to  the  well off

Introduced a  New Dachma, one backed fully by gold ad could hae gone for a strong  drachma policy isnstead of the  debasmet one that llcountrie are  ruhing for.

With no debt, they  dont need inflationtion payit off, so a strong drachma would be the way forward  to raise living standads.

Then perue freemarketeconnomics, not the cronyism ofthe US style failed model, i one with NO central bank, no fractional reserve banking

What a missed opportunity.

regards

Peter

 

 

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