Tsipras Slams "Criminal" IMF In Defiant Speech

Tyler Durden's picture

In the wake of reports that Greece could be headed for a "Lehman Weekend" complete with capital controls and an "emergency" Sunday meeting, the headlines are coming fast and furious on Tuesday morning, with Tsipras calling the IMF's stance "criminal" and Merkel digging in for the worst.

Merkel and Tsipras play headline hockey...

  • TSIPRAS SAYS OLIGARCHS NOT PENSIONERS SHOULD PAY FOR CRISIS
  • TSIPRAS SAYS ECB INSISTS ON TACTICS THAT STRANGLE GREECE
  • TSIPRAS SAYS CREDITORS' PROPOSALS LEAD TO DEEPER RECESSION
  • TSIPRAS: IMF HAS `CRIMINAL' RESPONSIBILITY FOR GREEK SITUATION
  • MERKEL SAYS UNFORTUNATELY NOT MUCH THAT'S NEW ON GREECE
  • TSIPRAS SAYS TIME FOR EUROPE TO CONSIDER FUTURE OF EURO AREA
  • MERKEL SAYS GREECE MUST REACH DEAL WITH CREDITOR INSTITUTIONS
  • MERKEL SAYS CAN'T SAY IF CREDITORS, GREECE WILL AGREE BY THURS

The un-conciliatory tone was met with EUR selling...

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El Oregonian's picture

He is the mark....

 

And by extention, the greek people...

 

Then us.

DeadFred's picture

So the loans were given by an organization with criminal responsibility... that make the debt sound pretty odious doesn't it?

Wolferl's picture

Throw those pathetic Greek deadbeats out of Europe already.

Colonel Klink's picture

Don't forget the criminal organization of Gollum Sachs who helped them lie to get into the Euro in the first place!!!

Bobbo's picture

Check out:  Confessions of an Economic Hit Man by John Perkins

Greece got hit.  Problem is they lack adequate natural resources (except people!) for the bank to seize.  Unlike Brazil et al.  However, the IMF does not lack "enforcement" in the form of black ops (various perps), and brute force (various militaries).   Even so, "enforcement" will not save Deutsche Bank from being the anchor that is bigger than its boat.

Greece :  Brics :  Drachma :  Chinese Gold !  Do we think a very different  deal is not in the works somewhere?!

O Tempora O Morons's picture

 

 

________ Euro  |  Drachma |  

Pay      |          |              |

_______|______|_________|

Not Pay |         |               |

_______|______|________ |

Veriton's picture

Don't worry, fellas. The "criminal" IMF will get a BRICS makeover just in time to publicly launch the NWO: http://redefininggod.com/2015/02/globalist-agenda-watch-2015-update-16-t...

wiser's picture

everyone else has criminal responsibility except the Greek politicians that wrere signing the loans....

PutinReloaded's picture

Blaming the victims of the IMF's predatory loans scheme?

yogibear's picture

LOL, magic Greece payment from Belgium.

Is that you Yellen? Dudley?

Infinite Greece bailouts going forward. Eurocrats will take all the abuse Greece can issue as long as they stay in the Euro.

holdbuysell's picture

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

- Lord Acton

Looks like the time has become 'sooner'.

JustObserving's picture

IMF has always been a criminal organization but few have said it openly.  Tsipras is hoping for help from Russia and China instead:

The Syriza government has maintained its relations with Russia. On Thursday, as the Eurogroup meets, Tsipras is scheduled to begin a three-day visit to Moscow. He will meet Russian President Vladimir Putin and attend an economic forum in Saint Petersburg.

http://www.wsws.org/en/articles/2015/06/16/gree-j16.html

The IMF Itself Is a Criminal Organization

To understand this story, you have to reel back to the birth of the IMF. In 1944, the countries that were poised to win the Second World War gathered in a hotel in rural New Hampshire to divvy up the spoils. With a few honourable exceptions, like the great British economist John Maynard Keynes, the negotiators were determined to do one thing. They wanted to build a global financial system that ensured they received the lion's share of the planet's money and resources. They set up a series of institutions designed for that purpose – and so the IMF was delivered into the world.


The IMF’s official job sounds simple and attractive. It is supposedly there to ensure poor countries don’t fall into debt, and if they do, to lift them out with loans and economic expertise. It is presented as the poor world’s best friend and guardian. But beyond the rhetoric, the IMF was designed to be dominated by a handful of rich countries – and, more specifically, by their bankers and financial speculators. The IMF works in their interests, every step of the way.


http://www.realclearworld.com/2011/06/03/the_imf_itself_is_a_criminal_or...

LostandFound's picture

Bingo! Greece will default, the west will be painted as criminals and the good east will help Greece recover through the BRICS. This is all a show, wake me up when the G20 folds, if it doesnt then the NWO is steaming ahead, destroying the old to bring in the new.

Usurious's picture
Usurious (not verified) JustObserving Jun 16, 2015 7:45 AM

 

 

''Decolonisation did not take place until the former colonial powers and the empires of capital on whose behalf they operated had established other means of retaining control. Some, like the IMF and World Bank, have remained almost unchanged. Others, like the programme of extraordinary rendition, evolved in response to new challenges to global hegemony.''

http://www.monbiot.com/2012/04/30/empire-of-capital/

Drachma's picture

"...to ensure poor countries don’t fall into debt, and if they do, to lift them out with loans..."

Got a good dose of coffee through the nose while reading that brilliant logic.

Couvrot2's picture

As fast as I know, nobody is obligated to be a member of IMF. And no member of IMF is obligated to borrow from it.

Several countries are NOT members of IMF: Cuba, Venezuela, North Korea., for instance . Another one was member, left the membership, and later came back under another name . I am talking of Czechoslovakia.

Colonel Klink's picture

Only because International Debt Fund didn't have a nice ring to it.  They already planned for the IDF acronym, Israeli Defense Force.

1 over Infinity's picture

Me says TSIPRAS talks too much!

 

 

disabledvet's picture

tspiras.

Rhymes with Cyprus...

PutinReloaded's picture

A cornered beast has nothing to lose. What could happen? forced to join the Eastern block? so be it.

NoDebt's picture

What, is the truth starting to slip out under extreme pressure?  Criminal ain't even the half of it, pal.

two hoots's picture

Will the crying baby get the tit.

TwoHoot's picture

Thank you, two hoots. Imitation is the sincerest form of flattery.

christiangustafson's picture

Pay your bills, scumbags.

Greece will be fine if they can only ramp up their production of luxury automobiles, flat-screen televisions, semiconductor fab components, solar panels, aerospace, and specialty steels (mini-mill).

This comment posted from the D line bus in Seattle.

JustObserving's picture

Greece has a great demand for luxury automobiles:

the city of Larissa, Greece, which he says has the highest per-capita rate of Porsche Cayenne ownership in the world

http://jalopnik.com/5854960/there-are-more-porsche-cayennes-in-greece-th...

ebworthen's picture

If you are commenting from the D line bus in Seattle you are a banksters favorite breed of mule.  Get back to work.

Citi, G.M., Countrywide, AIG, and Jon Corzine don't have to pay their debts; why should anyone else?

christiangustafson's picture

Correct. 

I must labor now to keep the wheels of the Great Machine a-turnin'.  My guts are but grease in the gears.

Sages wife's picture

"There is a time that the operation of the machine becomes so odious, makes you so sick at heart, that you can't take part, you can't even passively take part, and you've got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you've got to make it stop. And you've got to indicate to the people who run it, the people who own it, that unless you're free, the machine will be prevented from working at all!"

-Mario Savio  Sproul Hall Steps 1964

overmedicatedundersexed's picture

the Fed says, it can't be helped the oligarchs cannot be touched or" La Deluge"..LOL vs

"TSIPRAS SAYS OLIGARCHS NOT PENSIONERS SHOULD PAY FOR CRISIS" That is the problem for the west, criminals get paid.

wildbad's picture

there you go!  that's what you were elected for.  against all odds i have been waiting for the socialist to make the right move if even for the wrong reasons. shake off that tyranny!  don't let the neo-persians in, whatever they promise you!

sudzee's picture

Hang in there Yanis. By Thurs morn the EU, IMF and the US will come begging for a deal on any terms you offer. Western propaganda about Greece owing anyone any money is trying to vilify anyone but the true perps in the print money for slavery scheme. 

Elliott Eldrich's picture

I see Yanis Varoufakis is back on the public stage. Good. It means Tsipris ready to play hardball with the troika, and the ball is most certainly now in their court.

Personally, I see no way for Greece to stay in the Euro, the return of the drachma is a dead certainty as far as I'm concerned. There is no question at all of "if," only a question of when, and how hard the feelings are after the breakup. It could go fairly peaceful and civilized, or it could go very very nasty.

buzzsaw99's picture

oligarchs should pay, lulz

youngman's picture

wrong thing to say when you are going to Russia for help...

yogibear's picture

Greece,

Criticize the IMF all you want.

The Eurocrats have to save face and will bail you out.

Eurocrats can't take a Greek exit. So name call them all you want.

What theater!

zappafan's picture

Careful, Tsipras - I heard that if you play tonsil hockey with Merkel, she's a scraper.

zappafan's picture

And she doesn't swallow.

nixy's picture

but lending stuff you don't have is not lending .... it fucking fraud.

Extending credit is OK ..... IF   you're good for it ...... if you fail to get the underwriting tax payers' permission, then it is fraud.

So bankers / politicians are, in law, criminals ..... of course their statutes make it legal ...... even though it is lawfully fraud.

CHC's picture
CHC (not verified) Jun 16, 2015 7:48 AM

By the end of the week Greece will have the EU/IMF groveling at their feet - begging for a deal - any deal.  Make them sweat blood, literally.

xcehn's picture

In the same experimental vein that fostered the Monetary Union, they might still be feeling reckless enough to wager the French and German banks, and a general contagion effect. Arrogance and megalomania know no bounds amongst the Brusselcraps.

BadDog's picture

If I remember correctly it was Goldman Sachs that cooked the books for Greece to join the EU.  A lot of people thought it was a bad idea then, but nooooooo the criminal banking cartel wanted to put their asset stripping model in place regardless.  Greece needs to walk and leave this steaming pile on the EU's and the bankers plate.  Iceland should be the model for everyone.  Jail the criminal bankers and their political puppets, nationalize the banks and turn them into utilities instead of casinos.  And above all else, ban Babylon money majick fractional reserve banking.