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Varoufakis: Creditor Proposal Offers "No Hope," Greece At "Historic Moment"
As Jerome Dijsselbloem fearmongers all the worst parts of the bible that are about to befall Greece, Yanis Varoufakis is explainiing the Greek decision:
- *VAROUFAKIS: CREDITOR OFFER LACKED HOPE FOR INVESTORS, CONSUMERS
- *VAROUFAKIS SAYS GREECE FIND ITSELF AT `HISTORIC MOMENT'
Adding that the decision by the Eurogroup (ex-Greece) to veto the program extension damages Europe overall, Varoufakis defiantly concluded, the Greek government has no mandate to accept a "recessionary" aid offer.
He added:
- *VAROUFAKIS SAYS CREDITOR AID OFFER WAS RECESSIONARY
- *VAROUFAKIS SAYS CREDITOR AID OFFER `BAKED IN' NEW AID PROGRAM
- *VAROUFAKIS: CREDITOR OFFER LACKED HOPE FOR INVESTORS, CONSUMERS
- *VAROUFAKIS SAYS GREECE FIND ITSELF AT `HISTORIC MOMENT'
- *VAROUFAKIS: GREEK GOVERNMENT HAD NO MANDATE TO ACCEPT AID OFFER
- *VAROUFAKIS SAYS GREEK GOVERNMENT DETERMINED TO FIND A SOLUTION
- *VAROUFAKIS: CREDITORS INSISTED ON PREVIOUS AID FORMULA
- *VAROUFAKIS: EUROGROUP VETO OF PROGRAM EXTENSION DAMAGES EUROPE
But offered a final branch for negotiations...
- *VAROUFAKIS: `HIGH PROBABILITY' OF YES VOTE WITH LONGER PROGRAM
- *VAROUFAKIS: IF GREEK PEOPLE `TELL US TO SIGN, WE WILL SIGN'
- *VAROUFAKIS: GREEK REFERENDUM ISN'T ABOUT EURO MEMBERSHIP
- *VAROUFAKIS: GREEK-AID PROGRAMS HAVE BEEN `QUITE CLEAR FAILURES'
In other words - extend the program and we may come closer to a deal.
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It is time for Greece to go to work, show their salt, prove their worth.
A fresh start is a good thing, right?
Escalating into World War 3. Still got a few years to go till all out war breaks out.
There's another way for the Greeks, declare the Euro printed in Greece their own. Then print baby print!
This couldn't get moar fucked up unless Kissinger got involved
I always like to seize opportunities to provide one of Henry's most telling quotes:
The report’s damning conclusions continued: Had the U.S. not encouraged the Kurds to go along with the Shah and renew hostilities with Iraq, “the Kurds might have reached an accommodation with [Iraq’s] central government, thus gaining at least a measure of autonomy while avoiding further bloodshed. Instead the Kurds fought on, sustaining thousands of casualties and 200,000 refugees.”
One of the officials who testified before the committee in secret session was Henry Kissinger. When questioned by an appalled congressman about the U.S.’s decision to abandon the Kurds to their bloody fate, Kissinger chided the committee, “One should not confuse undercover action with social work.”
Ground invasion of Cyprus followed be aistrikes on Athens here we come then.
"Good luck financing that.
I would rather die than be the big fucking wet pusssies these Greeks are! I wish the IMF would push us to the point of empty ATM's in the US.
Good for you Greece standing up to the banksters!
EU took on the credit risk of Greece. Not fair to German citizens to continue to be fiscally punished. Its time for Greece to default and re-build a society.
Let Greek people go...
FREEDOM OR SLAVERY IS THE CHOICE.
Greece needs a George Washington.
Unfortunately, it has a hairdresser with bad teeth.
Yep
Tell me that almost any hairdresser wouldn't be better than we have in Washington.
So Greece refused to be doomed to a permanent serfdom under the control of Western banksters?
Maybe they paved the way for Portugal and Spain to repudiate their excessive debt.
Let's see what China and Russia have to offer Greece.
So all that debt is the fault of the creditors. It's good to see those creditors get theirs for forcing those sovereigns to take loans to support their welfare states. Oh. And it's just coincidence that your list matches the list of the states with the highest welfare benefits. They really do call it "Club Med" for no reason.
Debt leads to serfdom. True.
But crony-capitalist, social welfare states that live beyond their means lead to debt.
EDIT: To the -1's. Let me guess. You're in debt up to your ears and it's everyone else's fault. Right?
it certainly take 2 to tango but the responsibility of due diligence is on the LENDER. if you can't bare to take losses on the bets you VOLUNTARILY made, having already allowed Greece into the EU knowing full well that you along with Goldman masked their true debt levels, then that is entirely your fault.
+1. My friend, I agree completely. It's unfortunate that the banksters in the Greek situation have already been able to externalize their risk onto the world population (as did Goldman through the traitor Hank Paulson).
If the comment that I was responding to didn't try to place the blame wholly on the creditors, as if the Greeks (and Spain, Portugal, etc) were forced to take the loans, I wouldn't have responded.
As many of my other comments today testify, I'm no friend of the lenders either.
Good! We will see how the USA are going to pay their debts. With bombs?
Did something I say make you think I'm a supporter of US debt? or bombs? I can't wait to see us get what we deserve - that is, total collapse.
EVERYONE is in debt up to their ears, and it's the banker's and politician's fault. That's how the monetary system works. No debt. No money.
Hope this Helps.
True - given the fractional reserve system. But true of "everyone" collectively. not "everyone" individually.
Somebody posted a story about how the PRC moved MORE gold from Shanhai to the PRC coffers. It is supposedly moar gold than the US supposedly has.
So now the real negotiations begin?
Step 1: Conditioning. They will let that marinate for a bit.
Crushing debt burdens should be resolved by adding further debt?
It's all Greek to me.
Greece will blame Spain, Portugal and Italy for not joining them.
I bet you see coin operated power meters soon.
What part of GAME OVER doesn't Yanis understand?
Perhaps a few Greek soldiers should be sent to his apartment to explain it to him and Danae in terms even a champagne socialist can understand.
With a traitor like George Papandreou having the audacity to cast aspersions on Tsipras's actions who needs enemies?
The proper CUNT that is Papandreou took Goldman's half a billion euro pay-off and left his people with their trousers around their ankles.
The proper CUNT should be in jail for TREASON.
He's twice as filthy IMO than the TROIKA.
The things you own end up owning you. Don't allow bankers and finance swindlers back in your country ever again. They never, ever do anything good.
Just let go and secede.
hmmm... Is this the beginning of the end or the end of the beginning for Eurocracy?
Even a stretched rubberband snaps at some point.
Do the thing with the wishbone. Whoever gets the bigger piece wins.
-Why does the word 'wack-a-doodle' come to mind?
He is dellusional.
The discussions are over.
EuroGroup is now working on how to cut the cancer out... quickly.
The EU is the cancer.
just a flesh wound and/or tumor. the cancer
metastasized from elsewhere.
tonic immobility cured by the smell of death,
see for yourself. here the link
.
Great White shark Vs Killer Whale - National Geographic WILD
https://www.youtube.com/watch?v=ejYC3ymTei4
Eurocalypse Now coming soon
And USA will follow suit.
The Banksters are sitting on 1.7 million tons of gold they don't want you to know about, and are sitting on $2.4 quadrillion of assets they don't want to share with the rest of humanity. As far as they are concerned all this wealth belongs to them and you have no rights to it, even though we need it to survive in a bankers world. We have to work for it, while they get it for free.
The bankers need to share the wealth, or we will just have to build an economy for us without them. Best we just stop participating in their criminal Ponzi scheme.
The Banksters can be reined in by any government that has the balls. That's what governments used to do, all the time -- until the banksters TOOK OVER ENGLAND in 1688.
That was a definite point (and a low one) in human history. But it shows that rule of, by, and for the banks is not inevitable. It is NOT the only way that human society can be structured. Normally (for all of history prior to 1688, and for all non Anglo-European societies more recently), governments control banks, and bankers who behave badly are executed, and their assets confiscated by said government.
This demonstrates that disarming these criminals and reducing their power to that of mere subjects of the state, not the State itself, is possible and requires only a firm will. Greece has taken the first step, for all of us.
The Banksters can be reined in by any government that has the balls. That's what governments used to do, all the time -- until the banksters TOOK OVER ENGLAND in 1688.
That was a definite point (and a low one) in human history. But it shows that rule of, by, and for the banks is not inevitable. It is NOT the only way that human society can be structured. Normally (for all of history prior to 1688, and for all non Anglo-European societies more recently), governments control banks, and bankers who behave badly are executed, and their assets confiscated by said government.
This demonstrates that disarming these criminals and reducing their power to that of mere subjects of the state, not the State itself, is possible and requires only a firm will. Greece has taken the first step, for all of us.
There is hope when the lending predator asks the prey to consent.
If Greece leaves the eurozone and goes back to the Drachma, will the government that emerges overhall the pension system? You betcha, and no one will bitch.