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Tsipras Will Not Back Down On Referendum: Media Report
Contrary to suggestions that Greek PM Alexis Tsipras was set to cancel this weekend's euro referendum as part of a negotiated deal with creditors, at least one report claims Syriza isn't set to back down and will go ahead with the popular vote.
Government source. Not blinking. Will continue with referendum. #Greece - Tsipras to speak in a few minutes
— Paul Mason (@paulmasonnews) July 1, 2015
As noted earlier, Tsipras is set to address the nation soon, although it appears he may wait to see if the ECB tips its hand first.
Some talk @atsipras may wait until after @ecb haircut decision for national TV address. ECB gov council doesn't meet til 5pm. #Greece
— Peter Spiegel (@SpiegelPeter) July 1, 2015
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EU nightmare is giving the choice to population. Watch for rise of other "radical" political groups in Spain, Italy, other deadbeats... etc.
Absolutely it's Catch22 you can't have the one without the other and vice versa, that is why I think we are way past the edge of the cliff .. I am just now listening for the "Thud!" down below. The Grexit could very well be this thud.
You back any animal into a corner with no escape and they will fight back. Greece is going to hell but they are not going easily......
Sadly most people still think voting for the "right" guy or party makes a difference.
Tsipras has already backed down on his stance on austerity and surrendered meekly. No additional proof needed of his cowardice
Tsipras ready to accept most bailout termshttp://rt.com/business/270934-greece-tsipras-bailout-default/
Well, I guess we are "observing" different stories here. Because I don't see where Tsipras has surrendered much at all. Every time there is a story of his 'capitulation' on some point or other, it turns out to be premature. It's been months now, the Greeks will do this, will do that, then the next day it's oh sorry, they WON'T be doing this or that after all...
Actually, Tsipras has been pretty consistent. It's the other side that has been all over the map, grasping at straws almost daily, and changing their narrative. In fact, it's his consistency that seems to be at the heart of much of this...they can't seem to knock him off his track on certain issues that keep coming up.
Yes, and I think some of those stories have been planted to influence markets in the short run.
“Syriza disregarded the wishes of the Greek population”
By Robert Stevens and Christoph Dreier1 July 2015
http://www.wsws.org/en/articles/2015/07/01/intv-j01.html
First of all, it isn't possible for Tsipras to "disregard the wishes of the Greek population" because the Greek population does NOT speak with one voice. There are differing opinions on what must be done, and how to go about it.
Sure there are those who want a totally hard-ass approach. ANY ground given will be seen as betrayal. The same holds for the other side.
What Tsipras has to do is make his case, which he has done. But unlike many other leaders, he hasn't attempted to push his ideas on the people without their consent. This is NOT weakness or capitulation, although it may be seen as such by the impatient.
Now, he is leaving this momentous decision to those people who will have to live with the results. Because as right as he may feel he is, he obviously doesn't think he has a right to make that decision on his own. And I respect the man for that.
What good would it DO to force the issue, in the interests of 'standing by his words', if in the end it just resulted in the same chaos with different leadership?
Tsipras is smart enough to know that no matter HOW great your proposed solution may be, it isn't going anywhere without the support of the people. He WILL lead, but only if the people show they are willing to back him. Otherwise, they are just wasting his time.
I think he just fucked the EU. Good on him.
I think he just bought some ocean front property in Arizona.
Anyone want to make a small wager that the Stawks which rocketed higher when the rumours of a Greek surrender were floated a few hours ago will 'Forget' to drop back when the non-surrender is official?
Anyone?
Market forces. Sure.
Does this mean they figured out where they will get the money for it?
Greece is already a vassal state of Brussels. Maybe the country name should be changed. Fleece?
Doesn't his govt have to vote on it first? And I don't think they will accept it anyway.
Seems most of the details of "deals" with troika are kept secrete. Tsipras gov't has been the most transparent in the last couple hundred years. Bringing the "actual facts" to the population so they can make an informed decision is just a continuation of an honest and open gov't.
YES means this and
NO means that
Pretty simple stuff really and he is to commended as a loyal servant of the people.
There can be no referendum as originally defined, because that bailout choice is no longer an option. Now, if the Greeks vote to accept an undefined bailout, creditors have a much stronger negotiating position and Tsipras has lost his leverage. That doesn't seem like a particularly clever move.
Yanis Varoufakis, the new Finance Minister of Greece, has a very interesting view of how the current global economic problems developed and why they continue to get worse instead of better. He explains, in metaphorical terms, how the United States has played the major role in collapsing the global economies and why Europe’s economies, through their own mismanagement, have little hope of surviving another looming financial crisis.
The Global Minotaur
http://www.globaldeflationnews.com/the-global-minotaur-a-global-finance-...
Got to give Tsipras credit for sticking to his guns, even if the gun is pointed at his head.