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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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Tue, 06/16/2015 - 08:28 | 6201183 SoilMyselfRotten
SoilMyselfRotten's picture

That's gonna leave a mark...

Tue, 06/16/2015 - 09:09 | 6201282 El Oregonian
El Oregonian's picture

He is the mark....

 

And by extention, the greek people...

 

Then us.

Tue, 06/16/2015 - 09:25 | 6201336 DeadFred
DeadFred's picture

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

Tue, 06/16/2015 - 11:57 | 6202052 Wolferl
Wolferl's picture

Throw those pathetic Greek deadbeats out of Europe already.

Tue, 06/16/2015 - 14:40 | 6202756 Colonel Klink
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!!!

Tue, 06/16/2015 - 09:45 | 6201397 Bobbo
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?!

Tue, 06/16/2015 - 08:37 | 6201198 O Tempora O Morons
O Tempora O Morons's picture

 

 

________ Euro  |  Drachma |  

Pay      |          |              |

_______|______|_________|

Not Pay |         |               |

_______|______|________ |

Tue, 06/16/2015 - 08:40 | 6201213 Veriton
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...

Tue, 06/16/2015 - 08:43 | 6201217 wiser
wiser's picture

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

Tue, 06/16/2015 - 09:38 | 6201375 PutinReloaded
PutinReloaded's picture

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

Tue, 06/16/2015 - 08:44 | 6201220 yogibear
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.

Tue, 06/16/2015 - 08:45 | 6201221 SmallerGovNow2
SmallerGovNow2's picture

Holy shit...

Tue, 06/16/2015 - 08:26 | 6201172 Benedict Farse
Benedict Farse's picture

Bullish

Tue, 06/16/2015 - 08:27 | 6201173 holdbuysell
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'.

Tue, 06/16/2015 - 08:30 | 6201175 JustObserving
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...

Tue, 06/16/2015 - 08:38 | 6201200 LostandFound
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.

Tue, 06/16/2015 - 08:45 | 6201224 Usurious
Usurious's picture

 

 

''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/

Tue, 06/16/2015 - 10:20 | 6201546 Drachma
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.

Tue, 06/16/2015 - 11:12 | 6201768 Couvrot2
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.

Tue, 06/16/2015 - 14:45 | 6202781 Colonel Klink
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.

Tue, 06/16/2015 - 08:27 | 6201176 1 over Infinity
1 over Infinity's picture

Me says TSIPRAS talks too much!

 

 

Tue, 06/16/2015 - 08:57 | 6201260 disabledvet
disabledvet's picture

tspiras.

Rhymes with Cyprus...

Tue, 06/16/2015 - 09:40 | 6201382 PutinReloaded
PutinReloaded's picture

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

Tue, 06/16/2015 - 08:27 | 6201177 NoDebt
NoDebt's picture

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

Tue, 06/16/2015 - 08:29 | 6201178 two hoots
two hoots's picture

Will the crying baby get the tit.

Tue, 06/16/2015 - 08:49 | 6201232 TwoHoot
TwoHoot's picture

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

Tue, 06/16/2015 - 08:34 | 6201180 christiangustafson
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.

Tue, 06/16/2015 - 08:40 | 6201212 JustObserving
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...

Tue, 06/16/2015 - 09:14 | 6201308 jmcadg
jmcadg's picture

Sounds like Germany is doing ok out of Greece!

Tue, 06/16/2015 - 08:58 | 6201263 ebworthen
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?

Tue, 06/16/2015 - 09:15 | 6201310 christiangustafson
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.

Tue, 06/16/2015 - 10:31 | 6201583 Sages wife
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

Tue, 06/16/2015 - 10:51 | 6201663 christiangustafson
christiangustafson's picture

That's Baby Boomer talk.

Tue, 06/16/2015 - 08:31 | 6201187 overmedicatedun...
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.

Tue, 06/16/2015 - 08:32 | 6201190 wildbad
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!

Tue, 06/16/2015 - 08:35 | 6201194 sudzee
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. 

Tue, 06/16/2015 - 10:54 | 6201682 Elliott Eldrich
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.

Tue, 06/16/2015 - 08:39 | 6201206 buzzsaw99
buzzsaw99's picture

oligarchs should pay, lulz

Tue, 06/16/2015 - 08:52 | 6201245 youngman
youngman's picture

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

Tue, 06/16/2015 - 08:39 | 6201207 yogibear
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!

Tue, 06/16/2015 - 08:39 | 6201208 zappafan
zappafan's picture

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

Tue, 06/16/2015 - 08:40 | 6201209 zappafan
zappafan's picture

And she doesn't swallow.

Tue, 06/16/2015 - 08:41 | 6201215 nixy
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.

Tue, 06/16/2015 - 08:48 | 6201226 CHC
CHC's picture

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.

Tue, 06/16/2015 - 08:58 | 6201262 xcehn
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.

Tue, 06/16/2015 - 08:48 | 6201227 BadDog
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.

Tue, 06/16/2015 - 10:06 | 6201495 Tursas
Tursas's picture

It was not Goldman Sachs alone... http://www.galacticwind.com/dangers/2015/2.html

 

Tue, 06/16/2015 - 08:54 | 6201253 foodstampbarry
foodstampbarry's picture

Throw those pathetic bankers into a grease fire already.

Tue, 06/16/2015 - 08:59 | 6201267 disabledvet
disabledvet's picture

Everyone loves high yield debt.

I don't undertand the problem here.

25% on a two year note sounds terrific!

Tue, 06/16/2015 - 09:00 | 6201272 jarana
jarana's picture

Yes Tsipras, oligarchs should pay, not Greek (or whatever nation) people.

But it is the case you are talking to the political branch of that oligarchy.

Have you got a real plan for Greek people to stop being dependent of that oligarchs' FIAT?

It is not these oligarchs you should be trying to convince about anything at all. You should be with your citizens (people that work for a living) with real solutions (forget about socialism, definately).

Default and get a real plan. A plan you should have already had.

Forget about IMF fucking VAT and other taxes increase. Forget about their fucking trade regulations. Forget about subsidies to "strategic" sectors. Protect your citizen's properties and rights. Open your country to real free trade. Put all thieves in jail and reduce the government "social" spending to primary needs for shelter, food and medicines meanwhile your citizens stand up and trade with the fucking money they want to choose and rise their own CIVIL (not state owned) nets of solidarity.

Do it with a fucking smile in your face and send all ECB and IMF observers to their fucking homes.

Come on...

Tue, 06/16/2015 - 09:02 | 6201277 nixy
nixy's picture

>>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<<

Yes BD, nationalise the banks .... and only banks .....OR criminalise FRB. The banks can lend what they have.......oh yes and make the banks directors PERSONALLY liable for losses.

......NO limited laibility.

Tue, 06/16/2015 - 09:06 | 6201286 messystateofaffairs
messystateofaffairs's picture

More than enough of the Greek articles already, just tell me when Tsipras calls Putin.

Tue, 06/16/2015 - 09:28 | 6201346 Firewood
Firewood's picture

June 18th is the big day in Moscow.

Tue, 06/16/2015 - 09:25 | 6201338 NoWayJose
NoWayJose's picture

Stop with the defiant speeches and start making plans for when the ECB cuts you off and attempts to seize your ass(ets). Greeks have been bending over to EU/IMF demands for so long that the expect Greece to fold again, hence no negotiations are possible. They still expect 105% of what they lent you, and are not going to forgive any of it until you actually miss a payment and default. Only when faced with getting 0% will you see the EU/IMF forgive part of your debt. They are coming -- prepare for it, cut off their visas, block them at your borders, arrest them if the enter one of your banks! Guard your gold!

Tue, 06/16/2015 - 09:36 | 6201363 obelisks
obelisks's picture

In Scene 3  of the final Act Uncle Bernie Sanders will come to the rescue!

 

 http://www.zerohedge.com/news/2015-02-09/us-senator-demands-federal-reserve-bailout-greece

 

Tue, 06/16/2015 - 09:38 | 6201372 Guentzburgh
Guentzburgh's picture

Yeah!   bearish on Euro pays off, walking on knife edge has its rewards.

Guys this is Germany under Frau Merkel we are talking about .... IQ of a snail.

Tue, 06/16/2015 - 12:35 | 6202233 basho
basho's picture

Guys this is Germany under Frau Merkel we are talking about .... IQ of a snail.

...a small snail

Tue, 06/16/2015 - 09:50 | 6201418 Midnight Hour
Midnight Hour's picture

Greece could buy back all the Loans in one hit and that is quite simple. The Funds came by Combuter on a Screen and all they need to do is type the amount they wish to repay into their end of the Combuter and hit send. Simple. When the other Party complains that is no real payment all the Greeks need to point out is thats how we got it and as you can see on your Sceen we send the full amount back. It was not real Money in the first place.

Tue, 06/16/2015 - 10:05 | 6201486 Shibumi2
Shibumi2's picture

The whole thing stinks of frAud and deceit.

why is such a big deal being made over the small.amounts greece owes? Whats the real endgame here.

 

The banks create amounts greater than their deBt on a daily basis. Why all the drama?

 

Methinks the system needs a story to explain why something is about to happen which has nothing to do with what will happen...if that makes sense

 

 

 

Tue, 06/16/2015 - 10:19 | 6201533 marmotmanor
marmotmanor's picture

Greek Gold. Greece must default so they can get their hands on it.

Greece would almost certainly know that the reset is coming and that it would suddenly fix their debts.

IMF wants to get their hands on the Greek gold. Who controls the IMF?  USA.

The list is long and distinguished who would like to grab that much gold going into the reset.

Starting to smack of desperation. By the IMF/ECB - Greeks are rightly being defiant.

Bit of a 300 stand - but we know how that turns out.

http://www.kitco.com/charts/livegold.html

And for a good laugh - check out gold on Kitco. Not even a whiff of movement. Like a stormtrooper with their boot on a puppys throat. It wont move until it is released. Only question is whether "they are forced" or they are on the inside running the plan.

Tue, 06/16/2015 - 10:48 | 6201647 Joebloinvestor
Joebloinvestor's picture

Greek gold was already pledged in a previous bailout(#2).

Was in the "fine print".

https://craigeisele.wordpress.com/2012/02/24/greece-had-to-pledge-all-of...

Tue, 06/16/2015 - 10:37 | 6201602 Anopheles
Anopheles's picture

So Greece, you've maxed out your credit card, refuse to make any payments, and now you are calling the credit card compay criminals becasue they won't incresase your credit limit?

 

GET A GRIP.   

Tue, 06/16/2015 - 10:41 | 6201624 JailBanksters
JailBanksters's picture

If the Banks would have done their due diligence then they should have known, they would not be able to repay. It really is the Banks fault for lending them outragous amounts of money. The Banks need to suck it up, and move on to the next fraud.

Tue, 06/16/2015 - 10:46 | 6201636 Joebloinvestor
Joebloinvestor's picture

I think it only fair for the IMF to refer to Greece as,"Deadbeats".

Tue, 06/16/2015 - 11:11 | 6201763 SystemOfaDrown
SystemOfaDrown's picture

For not bailing out the banksters and quietly go further into Recession? Or for protecting Pensioners and young Greeks future?

Tue, 06/16/2015 - 12:50 | 6202286 Joebloinvestor
Joebloinvestor's picture

What do you call the previous government or GS accomplices?

Greece has never shown any interest in going after the criminals who got Greece where it is.

Tue, 06/16/2015 - 11:28 | 6201864 SystemOfaDrown
SystemOfaDrown's picture

Good for you Tispras! IMAF and EU is nothing but one big F-CK-N criminal cabal whose end-game is Greeks servitude. The fact that they are trying to dictate a sovereign gov't exactly how they should spend and cut shows them for the vipers and jackals they are.

Tue, 06/16/2015 - 11:46 | 6201979 kikk
kikk's picture

Jeez, the IMF wont lend money to repay the IMF unless they can stick the bill to the Greek pensioners ?

Criminal isn't a strong enough word.

Tue, 06/16/2015 - 12:17 | 6202150 bitterwolf
bitterwolf's picture

..."For we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence–on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations. Its preparations are concealed, not published. Its mistakes are buried, not headlined. Its dissenters are silenced, not praised. No expenditure is questioned, no rumor is printed, no secret is revealed.” — John F Kennedy.         The western ruling power elite are multi-generational from the days of modern banking invented by the militant order of the Knights Templar.. At dawn on Friday, October 13, 1307 the POWER behind the ruling Western elite was born.

Tue, 06/16/2015 - 15:02 | 6202876 Bemused Observer
Bemused Observer's picture

Pensions are obligations too. And they come ahead of loan payments to international banks. If there is no money to pay pensions, there sure as hell isn't any for the IMF.

Amazing how they somehow think THEY should be at the top of the chain...What a special little snowflake our IMF is!

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