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The Greferendum Shocker: Tsipras "Intended To Lose" And Is Now "Trapped By His Success"

Tyler Durden's picture




 

Call it game theory gone horribly chaos theory.

It all started with a report by the Telegraph's Ambrose Evans-Pritchard, whose release of on the record comments by Yanis Varoufakis (which we noted was rather surprising) that Greece was contemplating a parallel currency and potentially nationalizing Greek banks over the weekend, was supposedly the catalyst that got the Greek finmin fired. As a reminder, this is what Varoufakis told AEP on Sunday night: "If necessary... issue parallel liquidity and California-style IOU's, in an electronic form. We should have done it a week ago." And this is what the WSJ said on Monday morning:

... the premier decided to act after Mr. Varoufakis told a U.K. newspaper late Sunday that Greece might introduce a parallel currency and electronic IOUs similar to those issued previously in California. Mr. Varoufakis quickly backtracked on his comments to the Daily Telegraph, but his prime minister had had enough, the people familiar with the matter say.

That was the first indication that the wheels had officially come off the Greek wagon.

Moments ago, we got confirmation of just that, when in another surprising twist it was again the Telegraph's Evans-Pritchard who reported that the Greek prime minister who decisively and unexpectedly pushed for a referendum on the last weekend of June, "never expected to win Sunday's referendum on EMU bail-out terms, let alone to preside over a blazing national revolt against foreign control."

He got just that, and in a landslide vote at that even though "he called the snap vote with the expectation - and intention - of losing it."

Also according to the Telegraph, "the plan was to put up a good fight, accept honourable defeat, and hand over the keys of the Maximos Mansion, leaving it to others to implement the June 25th "ultimatum" and suffer the opprobrium."

He had good reason: according to another Varoufakis quote provided by AEP, "[the Troika] just didn't want us to sign. They had already decided to push us out."  In other words, as we speculated in mid-June, the only question was who gets stuck with the blame, and when Tsipras called the referendum, he made it quite easy for Europe; it was even easier when Greece collectively voted "Oxi" to a referendum spun in Europe as one whether or not to remain in the Eurozone.

There is more: with Tsipras having already checked out it was a case of "after me, the flood"

This ultimatum came as shock to the Greek cabinet. They thought they were on the cusp of a deal, bad though it was. Mr Tsipras had already made the decision to acquiesce to austerity demands, recognizing that Syriza had failed to bring about a debtors' cartel of southern EMU states and had seriously misjudged the mood across the eurozone.

But it is what happened next that took everyone by surprise: "Syriza called the referendum. To their consternation, they won, igniting the great Greek revolt of 2015, the moment when the people finally issued a primal scream, daubed their war paint, and formed the hoplite phalanx."

Suddenly the stakes are even higher for Tsipras, who is "now trapped by his success." According to Costas Lapavitsas, a Syriza MP, "the referendum has its own dynamic. People will revolt if he comes back from Brussels with a shoddy compromise."

Ironically, that is precisely why the market soared today after it tumbled early in the morning, because it appeared that the Greek finmin was doing just: accepting a shoddy compromise. Of course, it wouldn't be the first time: the Greeks had come home with "compromise" deals on many previous occasions only to have Syriza tear them apart. And this time the stakes are higher not only for Tsipras but the entire party, which realizes it faces a mutiny by the people, mostly the young ones, those with little to lose, if some 60% of them voted against a deal "at any cost" just to see the government fall back to just such an outcome.

The Syriza MP Lapavitsas is correct when he says that  "Tsipras doesn't want to take the path of Grexit, but I think he realizes that this is now what lies straight ahead of him."

In some ways Tsipras tried to backtrack: "The prime minister was reportedly told that the time had come to choose, either he should seize on the momentum of the 61pc landslide vote, and take the fight to the Eurogroup, or yield to the creditor demands - and give up the volatile Mr Varoufakis in the process as a token of good faith."

What would happen if Tsipras did decide to stick it to Europe, launch a parallel currency, sack the legacy central banker and nationalize the insolvent banks? We already laid out the key points previously but here it is again:

They would "requisition" the Bank of Greece and sack the governor under emergency national laws. The estimated €17bn of reserves still stashed away in various branches of the central bank would be seized.

 

They would issue parallel liquidity and California-style IOUs denominated in euros to keep the banking system afloat, backed by an appeal to the European Court of Justice to throw the other side off balance, all the while asserting Greece's full legal rights as a member of the eurozone. If the creditors forced Grexit, they - not Greece - would be acting illegally, with implications for tort contracts in London, New York, and even Frankfurt.

 

They would impose a haircut on €27bn of Greek bonds held by the ECB, and deemed 'odious debt' by some since the original purchases were undertaken by the ECB to save French and German banks, forestalling a market debt restructuring that would otherwise have have happened.

None of that happened, instead Greece is now in full chaos mode.

Events are now spinning out of control. The banks remain shut. The ECB has maintained its liquidity freeze, and through its inaction is asphyxiating the banking system.

 

Factories are shutting down across the country as stocks of raw materials run out and containers full of vitally-needed imports clog up Greek ports. Companies cannot pay their suppliers because external transfers are blocked. Private scrip currencies are starting to appear as firms retreat to semi-barter outside the banking system.

However, it is not just Greece which is sliding into total chaos - so is Europe itself, where the splits are becoming so obvious none other than the head of the German Institute for Economic Research said "What Is Happening Now Is A Defeat For Germany."

The entire leadership of the eurozone warned before the referendum that a 'No' vote would lead to ejection from the euro, never supposing that they might have to face exactly this. Jean-Claude Juncker, the European Commission's chief, had the wit to make light of his retreat. “We have to put our little egos, in my case a very large ego, away, and deal with situation we face,” he said.

 

France's prime minister Manuel Valls said Grexit and the rupture of monetary union must be prevented as the highest strategic imperative. "We cannot let Greece leave the eurozone. Nobody can say today what the political consequences would be, what would be the reaction of the Greek people," he said.

 

French leaders are working in concert with the White House. Washington is bringing its immense diplomatic power to bear, calling openly on the EU to put "Greece on a path toward debt sustainability" and sort out the festering problem once and for all.

 

The Franco-American push is backed by Italy's Matteo Renzi, who said the eurozone has to go back to the drawing board and rethink its whole austerity doctrine after the democratic revolt in Greece. He too now backs debt relief for Greece.

However, as if oblivious to these terminal developments within her own union, Merkel is already pushing onward and discussing plans for humanitarian aide and balance of payments support for the drachma: if there was any clearer indication that the Eurozone has been an abject failure, it would be the treatment of one of its member states as a 3rd world African banana republic even before it formally withdrew from its quasi-prison.

Some within Syriza realize that it is all coming to an end, no matter if the can is kicked one more time (which it increasingly looks like it may be despite the referendum's landslide vote):

Mr Lapavitsas said Europe's own survival as civilisational force in the world is what is really at stake. "Europe has not show much wisdom over the last century. It launched two world wars and had to be saved by the Americans," he said

 

"Now with the creation of monetary union it has acted with such foolishness, and created such a disaster, that it is putting the very union in doubt, and this time there will be no saviour. It is the last throw of the dice for Europe," he said.

... and yet, in the very end, the Greek prime minister who bluffed and unexpectedly won, now appears willing to concede just about everything to Merkel. Because even if the Telegraph's entire article is based purely on speculation, it doesn't explain the easy with which Tsipras seems to have folded not only on implementing reform as part of the harsher deal proposed by Merkel, but his admission that further debt relief now appears unlikely:

  • TSIPRAS PLEDGES GREEK REFORMS AS PART OF ANY AID DEAL
  • TSIPRAS SAYS GREECE SUBMITTED PROPOSALS TODAY
  • TSIPRAS SAID MORE RESTRAINED IN REQUESTING DEBT RELIEF

And from the president of the European Council:

Because in the end money talks, in this case €120 billion in hijacked unsecured liabilities known "deposits" and politicians walk. As for those millions of Greeks who gave Europe the symbolic middle finger on Sunday, their reaction when they just find out they were sold down the river once again will be all that matters.

Yet in the end, Varoufakis' line may again be the most important one: "they had already decided to push us out." If true, then as Juncker threatened earlier not only will the last day for the Greek government be Monday, but so will the last day for Greece in the Eurozone.

 

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Tue, 07/07/2015 - 18:34 | 6282451 wendigo
wendigo's picture

Well, sucks for him. In a few months it will probably suck for me too. 

Tue, 07/07/2015 - 18:37 | 6282459 knukles
knukles's picture

The Law of Unintended Don't Wish for What You Want Because You Just Might Get Something or Other.
Poor guy shoulda done a McCain bus exploration trip to find out what his subjects wanted.
              yes thats a sarc because he's already supposed to know

Tue, 07/07/2015 - 18:39 | 6282476 TahoeBilly2012
TahoeBilly2012's picture

"You know, at heart I am really just a socialist pussy...I didn't really mean to strap on a set of nuts...."

Tue, 07/07/2015 - 18:44 | 6282498 usednabused
usednabused's picture

He seems like a genuine piece of shit. Real similar to Obama. Maybe thats why they're phone buddies.

Tue, 07/07/2015 - 18:50 | 6282517 Pinto Currency
Pinto Currency's picture

 

 

So we're merely watching theater as these politicians plan the break-down of the nation state.

 

Tue, 07/07/2015 - 18:55 | 6282534 ZerOhead
ZerOhead's picture

Correct Pinto. This smells worse than a bowl of 5 day old sun-ripened calamari.

I smell GLOBALISTS at work.

Tue, 07/07/2015 - 19:09 | 6282590 kaiserhoff
kaiserhoff's picture

From the telegraph, but just crazy enough to be true.

Tue, 07/07/2015 - 19:16 | 6282611 Cliff Claven Cheers
Cliff Claven Cheers's picture

From:  www.judicialwatch.org    THis was in an actual email obtained from the CDC.  Me thinks someone or someones are about to get fired.

Tue, 07/07/2015 - 19:18 | 6282620 Captain Debtcrash
Captain Debtcrash's picture

There it is folks, one of our leaders letting the truth slip out, he has no clue what he is doing.  Now the stakes were huge here and we have not clue what the results will be, but what about when the repercussions of our "leaders" are based on failed ideologies and have even bigger repercussions.  

Tue, 07/07/2015 - 19:24 | 6282637 COSMOS
COSMOS's picture

http://www.biyokulule.com/sawiro/sawirada_waaweyn/Ultra-Orthodox%20Jews2...

Ambrose Evans on coffee break outside the Telegraph copy office.  Always remember who your editors are.

OPAaaaa

Tue, 07/07/2015 - 19:29 | 6282662 Cliff Claven Cheers
Cliff Claven Cheers's picture

I was OT so you might as well be also.  The original link I posted was to Judicial Watch not the Telegraph, but hey what the heck run with it for your agenda.  Please try to stay on the correct off topic.

Tue, 07/07/2015 - 19:42 | 6282693 COSMOS
COSMOS's picture

Claven you obviously are one of the fools in that picture who thinks the world Revolves around them.  I was not off topic and was not commenting on your comment.  Read the top of the ZH story and see that the info is from Ambrose of the Telegraph.  I would not consider myself off topic, but you certainly are.  Sounds to me like you are about to lose it and go Postal.

Tue, 07/07/2015 - 19:44 | 6282711 i_call_you_my_base
i_call_you_my_base's picture

I don't believe him. If they wanted to lose they could have worded the referendum differently. It was picked to win, not lose. He could've lost it if he wanted.

Tue, 07/07/2015 - 19:49 | 6282721 Pinto Currency
Pinto Currency's picture

 

 

TOMORROW, THE BRICS DISCUSS A PACKAGE FOR GREECE.

ARE THESE ARTICLES FROMT WSJ / EVANS-PRITCHARD  PSYOP TO UNDERMINE THE GREEK GOV?

Tue, 07/07/2015 - 19:54 | 6282743 gatorengineer
gatorengineer's picture

There are games within games.  Perhaps the plan was to give them no choice but to pivot to Russia all along....?  This smells way too much of Western Propoganda, which will likely backfire.

 

What a PR coup this will be for the BRICS and anti-globalists, if the Evil Germans kick the starving Greeks out, and Mother Russian and the Chinks come to the rescue.... Boyaaah.......

Tue, 07/07/2015 - 20:04 | 6282759 Pinto Currency
Pinto Currency's picture

 

 

Greece doesn't need to join any block.

They could issue a new stable drachma with silver backing.

Not likely to be well received:

http://greece.greekreporter.com/2015/06/27/greek-investigators-report-finds-evidence-of-plot-against-former-pms-life-silver-drachma-plan/

Tue, 07/07/2015 - 20:22 | 6282844 Cliff Claven Cheers
Cliff Claven Cheers's picture

Cosmos, sorry, my agenda was to throw in some funny and I did not realize the damn jews were at it again, thanks for correcting me and getting me back on topic, I mean agenda.

Tue, 07/07/2015 - 20:46 | 6282858 Richard Chesler
Richard Chesler's picture

Just another example of the type of morally corrupt fuck that runs/whores for important  gov. jobs.

"Obongo claps with raised golf club"

 

 

Tue, 07/07/2015 - 21:33 | 6283074 COSMOS
COSMOS's picture

'Damn' Cliff you are going postal.

Tue, 07/07/2015 - 21:50 | 6283172 MontgomeryScott
MontgomeryScott's picture

In the FINE print of the article:

"French leaders are working in concert with the White House. Washington is bringing its immense diplomatic power to bear, calling openly on the EU to put "Greece on a path toward debt sustainability"."

"DEBT SUSTAINABILITY"; SUSTAIN THE DEBT; MAINTAIN CURRENT DEBT LEVELS; EQUILIBRIUM OF INDEBTEDNESS; FRENCH AD AMERICAN SUSTENENCE BECAUSE OF THE GREEK DEBT... The WORDS really have a TRUER MEANING, you know.

The French and the Americans WANT GREECE to sustain current DEBT LEVELS. (HELL, they want the WHOLE WORLD to stay in debt!)

DEBT! PERPETUAL, 'SUSTAINABLE' DEBT!

Does anyone else see something wrong with this 'future', COSMOS?

HMMM.

Let's see. WHO runs the ficancial 'central banking' institutions in these nations? Can you name the names? WHAT are the families, again, and WHERE did they come from, again? I seem to have FORGOTTEN...

https://www.youtube.com/watch?v=RJR30CQpPdQ

The truth must really SUCK when you haven't been made aware of it, COSMOS.

Fucking KIKES...

Wed, 07/08/2015 - 00:03 | 6283584 Automatic Choke
Automatic Choke's picture

Oops..

 

...wait.  is this The Onion, or is this Zero Hedge?  Did my browser get screwed up?

 

Wed, 07/08/2015 - 01:32 | 6283725 Save_America1st
Save_America1st's picture

soak it all in...and remember it as the dominoes continue to fall all through Europe, credit seizes again like it did in 2008/9, markets crash multiple times worse than they did at those same times, your 401k's and IRA's get murdered worse than 50% all over again...and the dollar gets wiped out along with all other fiat currencies from the hundreds of Trillions of CDS's and CDO's and bonds world-wide that are all tied together in this astronomical Ponzi scheme.

 

Once again...asking over and over and over again...Get out of the banking system now as best and as much as you can and get your ass to stacking supplies and physical silver.

 

Because there's a word you're going to get to know very well which is going to dominate your life after the shit hits the fan, and that word is "CONTAGION". 

 

Everything...all debt is tied together all around the world.  The powers that be have next to nothing left in the tank to keep papering over their debt and derivatives...and that means the CONTAGION...just like the Ebola virus is going to sweep through all world markets like a hot knife through butter...like a hot virus chowing through everything it comes into contact with causing it all to bleed out in a very bad way.

 

It's going to kill a lot of people.  Because when the markets die, people will die...big time. 

 

But if you gear up now and get ready for it you just may have a fighting chance to survive it to the other side...because it's not a matter of "if" anymore...but a very short matter of "when" the CONTAGION begins to eat its way through everything around the world...and you will be more prepared than 90% of the rest of the people around you who can barely even tie their own shoes much less understand the world geo-political and economic concepts and dangers that will directly affect all our lives in a very deadly manner in the not too very distant future.

 

Ignore all these warning signs at your own peril. 

 

The only thing I can attribute the act of NOT preparing for this inevitability at this point would be utter ignorance, denial and/or the act of deliberate suicide.

Wed, 07/08/2015 - 03:03 | 6283866 bunzbunzbunz
bunzbunzbunz's picture

Blah blah. What's not crashing? Bitcoin - have some for free: http://freebitco.in/?r=25727

Wed, 07/08/2015 - 03:31 | 6283900 fx
fx's picture

If this isn't a smear campaign hit piece then what is?

It has so many contradictions that I wonder that so many people at zh really take it serious. Goes to show how easy it is to manipulate people. from tsipras supporters to "fuck this guy" all it takes seems to be one wildly speculative article by some  Evans-Prick-hard. Go figure!

Wouldn't be surprised if he laughs his ass out about anyone who took this story at face value. It reads like fiction, written in a haste and by making things up from one line to line to the next.

Wed, 07/08/2015 - 04:14 | 6283950 BitchezGonnaBitch
BitchezGonnaBitch's picture

British press trolls on. Another day, another load of crap right on the front page. Never trust MSM, never. 

Wed, 07/08/2015 - 09:03 | 6284566 J Jason Djfmam
J Jason Djfmam's picture

What's the plan? Throw everybody over 40 into the wood chipper?

Tue, 07/07/2015 - 20:06 | 6282786 willwork4food
willwork4food's picture

Exactly. "Evil Western Bankers demanding their money or elsel", or kind hearted BRICS underdogs of the EAST offereing a hand.

By this time next week Greece will be part of the BRICS economy. I would dare say they will veto NATO too.

Tue, 07/07/2015 - 20:11 | 6282800 conscious being
conscious being's picture

Ambrose was kind of an activist when he was going after the Vince Foster story. Then he shut down, disappeared and reincarnated as a financial journalist. Raises a lot of questions to me, like after you've seen the naked evil in action, how do you go back to just playing along, "reporting"?

Tue, 07/07/2015 - 20:23 | 6282849 PrayingMantis
PrayingMantis's picture

 

 

 

... "It all started with a report by the Telegraph's Ambrose Evans-Pritchard..."

... ...'Telegraph'... 'Ambrose Evans-Pritchard' ... is the story believable? ... ... a tabloid trickery?  or simply the work of a 'smear artist'? ...

 

... is he a 'British Intelligence asset'? ...

"British Intelligence asset Ambrose Evans-Pritchard was deployed to the United States at the end of 1992, following the election of Bill Clinton, under the cover of serving as the Washington correspondent for the Sunday Telegraph of London.   Following in the tradition of his father, the famous anthropologist Edward Evan Evans-Pritchard, Ambrose came to the United States to profile the U.S. population—not only to study the citizenry, but also to determine how to mobilize the “indigenous” population against its own government.  By the time Pritchard left the United States, about a year ago, he was reduced to publicly defending himself against EIR’s charges. “Let me state for the record that I was not sent to Washington as part of a British government plot to
destabilize the Clinton administration in revenge for U.S. meddling in Ulster,” Pritchard wrote in the April 20, 1997 Sunday Telegraph. “Or at least, I don’t think I was.” ..."

...'British scandal-monger'? ...

... It’s very difficult for a journalist to write that type of book about their own country; they can’t continue to operate and function, as a journalist. If I did this in London, about the British power structure, I really couldn’t continue to work there.
—Ambrose Evans-Pritchard, C-SPAN, Oct. 26, 1997

 

... source: "Ambrose Evans-Pritchard: the hyphenated hoaxster" >>> http://www.larouchepub.com/eiw/public/1998/eirv25n25-19980619/eirv25n25-19980619_044-ambrose_evans_pritchard_the_hyph.pdf

 

... I wonder who is currently yanking his dog leash  ...

Tue, 07/07/2015 - 21:35 | 6282996 ajax
ajax's picture

 

 

You want more proof of The Daily Torygraph manipulation?

http://www.theguardian.com/media/2015/feb/17/peter-oborne-telegraph-hsbc...

What is this with Ambrose-Pritchard anyway? If I wanted to sniff his breath I'd be over at Naked Capitalism.

Tue, 07/07/2015 - 21:36 | 6283097 COSMOS
COSMOS's picture

Ajax don't publish the truth Cliff may  just start stalking you.

Wed, 07/08/2015 - 01:44 | 6283751 angel_of_joy
angel_of_joy's picture

AEP is the perfect officially sanctioned media troll. It would fit perfectly withinin The Economist establishment rag, except I suspect he wants way more money and... recognition ;) 

Wed, 07/08/2015 - 04:32 | 6283967 Ghordius
Ghordius's picture

interestingly, AEP is the most vocal "EUR-basher" among British journalists. how do you square that?

Tue, 07/07/2015 - 21:41 | 6283114 Quus Ant
Quus Ant's picture

discredit Tsipras through hit pieces like this one.

Collapse the Greek banking system plunging the country into turmoil.

Proffer a savior with a solution. 

 

The unpalatable "shitty deal"  will taste like summer wine.

Wed, 07/08/2015 - 01:20 | 6283682 Renfield
Renfield's picture

You, Mantis, and Pinto have it right.

"Tsipras wanted to lose" - I never heard such obvious bullshit in my life. Suuuure, Tspiras WANTED to lose -- which is why he protected the integrity of the vote, worded a clear question, did not give the MSM any euro-positive soundbites, and also insisted that Greece could not pay ALL THIS TIME instead of selling out to the eurocrats at any point along the way. Oh, and why he made all those speeches about the Greeks taking Europe back from the people and The Bell Tolls For You. He was just pretending the whole time! Tyler, do you have an attention span of more than 5 minutes on this Greek stuff?

Do you have any - ANY - evidence at all for such a claim, or are you simply believing the MSM as usual? Even a shred of evidence will do. Hint: a tardly claim from an MSM rag is NOT evidence.

Memo, no? Government source, no? ANYONE Greek or within 100 yards of the negotiating team, no? Speech by Tsipras, no? Monkeying with the vote count, no? OK, so it looks like this is all: Bullshit. SON O' Bullshit.

Tyler is carrying water for the ECB propaganda team. Again. 'Smatter, Tyler, that USD/EUR investment not working out as well as you hoped? Or do you just enjoy bankster cock.

Article gets a "1". Really, Tyler, you need to get your head out of your ass and apply some damn LOGIC. Stop being such a credulous fool.

3 much better articles, here:

http://thesaker.is/greece-is-being-hit-theres-no-doubt-about-it

http://thesaker.is/statement-of-alexis-tsipras-after-vote-on-referendum-...

http://globaleconomicanalysis.blogspot.ca/2015/07/always-another-last-ch...

Jonathan Perkins says Greece is definitely being "hit". This is obvious, and I agree 100%. Shame on Tyler for uncritically promoting economic hitman propaganda.

PS: Refresher on Tsipras' warning: The Bell Tolls For Europe

http://www.marketoracle.co.uk/Article50901.html

But yeah, secretly all this time he WANTED the Greeks to vote for slavery to the banksters...!!! Tyler, Tyler, lift your damn game. If you're gonna fall for propaganda, at least wait for the less OBVIOUS stuff, can ya do that for me? This doesn't even have the usual MSM anonymous 'sources' behind it for God's sake.

Wed, 07/08/2015 - 03:38 | 6283916 fx
fx's picture

+10.000!! Bravo, Renfield!!

One or two more pieces of this propaganda bullshit that Tyler endorses (where are the cirical questions here that he usually asks ?) and zh will be a closed case for me. Sorry and sad to say it, because I really enjyoed the site. But it seems after becoming an ABC media outfit it has come full circle now. A bit more of this garbage and we can say RIP, zerohedge.

Wed, 07/08/2015 - 03:43 | 6283921 samjam7
samjam7's picture

+100

My thought, this article literally makes no sense at all. Politicians want to stay in power, that's their very esence. And I'm sure Tsipras will try to do the same and if he had wanted a deal he could have had it on June 25th..so either he's super naive and did everything Varoufakis told him to, which I don't think or we have the typical MSM article posted by Tyler to confuse everyone. 

Wed, 07/08/2015 - 06:25 | 6284077 newdoobie
newdoobie's picture

If he wanted to lose, he wouldn't have raved about the the release of the IMF docs stating that Greek debt was unsustainable.

Wed, 07/08/2015 - 08:10 | 6284346 ZippyDooDah
ZippyDooDah's picture

On the other hand, why did Varufakis have to leave office, if the intent was to win?

Tue, 07/07/2015 - 19:46 | 6282715 Pinto Currency
Pinto Currency's picture

-

Tue, 07/07/2015 - 19:54 | 6282737 philipat
philipat's picture

There is clearly a lot of diplomatic pressure from Washington, otherwise the IMF would not have come out pre-referndum in support of debt re-structuring. Washington obviously doesn't want to see Greece, a NATO member, fall into the open arms of Russia and China.

So the interesting thing here is that Merkel seems to be standing firm. Perhaps she is just waiting for The Fed to foot the bill but, hopefully, it MIGHT indicate that Europe is finally prepared to chart an independent course, which MIGHT be the beginning of an independent foreign policy? If so, then something positive might have resulted from this mess?

Tue, 07/07/2015 - 20:14 | 6282811 conscious being
conscious being's picture

Merkel is useless. Its the rest of the Germans pushing for independence that she's trying to reconcile with her role as fat, slouching, bankster whore.

Tue, 07/07/2015 - 20:37 | 6282887 datura
datura's picture

wow, I just cant believe that Merkel would really have the courage to kick Greece out??? I wont believe it, till it really happens. It would be a miracle. And it could also mean that Germany now really IS with Russia. One of such signs was when Germany allowed their EON energy company to make the agreement with Russia about the new gas pipeline directly from Russia to Germany. Putin obviously bribed Germans with - "Hey, what if we will make you (Germany) the energy hub of Europe as well, not just Greece (which is unreliable anyway). And you will have the direct access to our gas without any country being able to cut it off!"  This must have been something Germans could not refuse, no matter what pressure from Washington. And it must have bloated their self-confidence:-) Some American journalists already called this recent gas deal between Russia and Germany the "new Molotov-Ribbentrop gas pact." How funny. Well, we shall see.... 

Tue, 07/07/2015 - 22:13 | 6283283 MontgomeryScott
MontgomeryScott's picture

That is a very interesting thought.

Fucking 1984-ish, in fact.

'We have ALWAYS been at war with EURASIA'!

     Sincerely,

     Exxon-Mobil, in cooperation with British Petroleum, and your corporate sponsors such as the Bill and Melinda gates Foundation; vaccinating Africans (for the children)

Tue, 07/07/2015 - 19:21 | 6282630 ajax
Tue, 07/07/2015 - 19:25 | 6282643 Handful of Dust
Handful of Dust's picture

I'm sure Corzine's pissed if he loses even a penny of his Loot. However, as long as the Wall Street Crooks do not go to jail, the frauds, theft, and laughter [by them] will continue.

Tue, 07/07/2015 - 19:36 | 6282684 Pinto Currency
Pinto Currency's picture

 

 

Reuters that breathlessly warned us about Syrian poison gas attacks.

Tue, 07/07/2015 - 20:17 | 6282827 conscious being
conscious being's picture

Corzine did not lose a penny of his loot. From the Reuters link

"All denied wrongdoing, and their insurers will cover the settlement payments, court papers show."

Tue, 07/07/2015 - 23:25 | 6283473 MontgomeryScott
MontgomeryScott's picture

I am curious as to the names of the 're-insurers' that are left with the bill; and which institution 're-packaged' this 'RISK ASSET'.

Of course, I am wildly speculating, but is American International Group (or one of the subsidiaries thereof) involved? Weren't they the ones that got the MAJORITY of the FIRST bail-out under Bush the Younger, back in 2008; because of 'speculative losses' (like underwriting crooked cocksuckers like John Corzine)?

Gerald Celente (and the Stupid Sheople Private Investors Of The American Public) deserves to know why Johnny-Boi ('Guido') Corzine skated the LAST TIME ('MF Global', et.al), as well as THIS time.

OF COURSE, there was no 'wrong-doing'. It was a 'failure of imagination' (classic excuse, used during the 9/11 hearings), combined with the 'Dyson-Boson Effect of Unpredictability of the Emotional Reactionary Time-Diluted Cross-Current of Herd Mentality in High-Risk Investment Trading Strategies For The Long Term' which caused a few to profit enormously; while most were left thinking their investments were 'safe'; only to find that they had lost EVERYTHING.SEE! Everything is, as it should be!

You, you simple, enedumacated 'being', simply cannot grasp the 'larger truth'. FERENGI RULES OF AQUISITION, #31: If you can't dazzle them with your brilliance, BAFFLE THEM WITH HIGH-SOUNDING LEGALISTIC SCIENTIFIC BULLSHIT!

 

     (advertisement) If you need a legal settlement in your favor, call Larry H. Parker, attorney at law. Larry has settled cases in the millions, for all kinds of cases. Your first consultation is free.

     (testimonial by paid actor) 'Larry H. Parker got me 2.3 MILLION!'

     (Results will vary from case to case. Not a guarantee of a payout or settlement. $500,000.00 retainer required. Other clients include Larry Silverstien, O.J. Simpson, and GHW Bush. Not affiliated with Rose Law Offices. Tribal membership rules apply.)

 

 

Tue, 07/07/2015 - 19:32 | 6282646 Cliff Claven Cheers
Cliff Claven Cheers's picture

In a court filing, the investors' lawyers said the $204.4 million recovery represents 18 percent of the maximum reasonably possible, an "excellent" result given that MF Global went bankrupt.

Steal 1 Billion and pay back 200 million, sounds like crime does pay.  I shoulda went into banking instead of mail delivery, WTF.

Tue, 07/07/2015 - 20:44 | 6282909 Chartsky
Chartsky's picture

DISGUSTING!

MF Global and Crozine, et al. flat-out STOLE money -- now can "re-pay" 5-cents on the dollar which, when added to the other 13-cents, gives victims the whopping 18-cents on their dollars STOLEN.

This is "good" because of the bankruptcy -- but that should have been thrown-out and denied based on the underlying theft and fraud!

And NOBODY is going to jail.  NOBODY is being tried for massive theft or gross negligence or reckless conduct.

If Corzine has a place to live -- outside a prison cell -- this is just another example of "justice" for those politically connected versus "justice" for the resty of us commoners.

One more nail in the coffin of what used to be the United States of America.

Tue, 07/07/2015 - 18:58 | 6282546 barliman
barliman's picture

 

Interesting suggestion that the youth vote was the force behind the 61% landslide ...

... especially since the question in their eyes was,

"Do you want to fucked in the ass for the next 50 years?"

I wonder why they voted "NO!" ?

Tue, 07/07/2015 - 19:42 | 6282702 logicalman
logicalman's picture

The smell of Globalists at work is always there - it just gets stronger every now and again.

As for the calamari, I'll just assume!

Tue, 07/07/2015 - 18:55 | 6282539 James_Cole
James_Cole's picture

Tsipras 'intended to lose' by campaigning forcefully every day for a no vote. Mmmhmm.. some way to lose/win a vote!

There's so much being written about this right now - so many contradictory points - pretty hard to take much of it seriously. We'll see what happens in the next week.

Tue, 07/07/2015 - 19:10 | 6282585 ZerOhead
ZerOhead's picture

The ONLY answer that makes any sense is that GLOBALISTS were merely setting the stage for the false East-West "Good" vs. "Bad" NWO paradigm.

Think about it...

Tsipras campaigning for "No" now says he wanted a "Yes"

German Finance minister Scheauble said if Greece votes "No" it can still stay in the EU. (that can't help)... http://www.bloomberg.com/news/articles/2015-06-30/schaeuble-said-to-see-...

The IMF agrees with Greece that debt relief is necessary... http://www.nytimes.com/2015/07/03/business/international/greece-referend...

Varoufakis knew a parallel currency and a plan for continuation was required if not only to strengthen the negotiating strength of Greece at the table... yet something or someone stopped him.

This referendum was set up to take Greece out. It was wired to implode like WTCs1,2,6&7.

GLOBALISTS!

Tue, 07/07/2015 - 19:16 | 6282613 SWRichmond
SWRichmond's picture

People can be made anything under enough pressure.  Does anyone believe anything being said by any player here?  

Opposition to the oligarchy must be discredited.

Tue, 07/07/2015 - 19:53 | 6282742 James_Cole
James_Cole's picture

Tsipras campaigning for "No" now says he wanted a "Yes"

He didn't say that, article claimed that. Also claims Eurozone leaders more or less wanted a no, were moving in that direction anyway. Pretty handy.

Unexpected event:

"It's all priced in"

Unwanted democratic outcome:

"this is the result we wanted"

Tue, 07/07/2015 - 19:20 | 6282625 Terminus C
Terminus C's picture

Yea, this article has the ripe stench of propaganda bullshit.

Tue, 07/07/2015 - 23:47 | 6283549 MontgomeryScott
MontgomeryScott's picture

Pritchard has been 'all in' for about 15 years. Nevertheless, he gets the story out (for those who can read between the lines of the published 'HEADLIES').

In order to understand TRUE EVIL, one must immerse themselves in it; to grasp the fuller and truer goals and machinations of it.

FOR EXAMPLE:

HOW do you KNOW that smoking pot is bad, if you haven't smoked it yourself?

 

Tsipras always appeared to me as a 'compliant' politician. A 'Rand Paul' archetype, as it were. TALKS the BIG BULLSHIT, and all; but fires his FINANCE MINISTER when the SHTF. He appears to be a Lindsay Graham or a Mitt Romney, in fact.

I'd like to know why he doesn't follow the example of that nation ICELAND, and hang the fucking bankers in his nation.

NAY, it is TOO LATE. Should have done that in 2011.

TOO LATE.

It's OBVIOUS.

Tue, 07/07/2015 - 20:01 | 6282765 DrewJackson
DrewJackson's picture

He obviously just got the latest season of HBO's VEEP for that bright idea....

Tue, 07/07/2015 - 23:13 | 6283469 Model T
Model T's picture

Or the next year, or the next decade. Wake me up when they finally tell the Euro Meisters to fuck off; and become Greece again.

Tue, 07/07/2015 - 18:57 | 6282544 Timmay
Timmay's picture

Putin should take out a loan from the EU, buy Greece, move Russian troops and set up bases there, default on that debt and dare Europe to kick him out.

Tue, 07/07/2015 - 21:02 | 6282965 IndyPat
IndyPat's picture

Hells yeah.

That's some chess, bitchez.

Tue, 07/07/2015 - 21:23 | 6283025 indygo55
indygo55's picture

The article made it clear that no one wants to be blamed. History will remember the sound bites and the summaries of the politicians. Tsipras is covering his ass in this threatrical play. So is Merkel. They all are. The way I see it shaping up is that it was the people of Greece who decided. And no matter what happens, and I think it will be bad, thats the way it should be. The politicians only feather their own beds. If their retirements are secure they feel they have won. 

Tue, 07/07/2015 - 23:11 | 6283459 Model T
Model T's picture

Yep, it's Kubuki all the way down. Tsipirisisis is in trouble now, tho. He'll have to return the bribe money he already took for losing.

Wed, 07/08/2015 - 01:40 | 6283749 Wile-E-Coyote
Wile-E-Coyote's picture

Telegraph's Ambrose Evans-Pritchard I read this guys stuff and he is mostly a clueless shill: Propoganda piece, this is designed to cause chaos in the Greek people get them fighting between themslves, don't fall for it. 

As if Tsipras would admit to any of that shit.

Tue, 07/07/2015 - 18:51 | 6282521 TeamDepends
TeamDepends's picture

We have a real problem here sir.
Yes, let's get that Victoria Nudleman bitch on it, she's a real cunt-fire.
Already on it, sir.

Tue, 07/07/2015 - 18:54 | 6282535 HowardBeale
HowardBeale's picture

It's hard to imagine he isn't going to be a DEAD piece of shit if he doesn't make some hay out of the OXI...

Tue, 07/07/2015 - 19:09 | 6282591 Make_Mine_A_Double
Make_Mine_A_Double's picture

November 17th Movement still has die hards that have not been caught.

It wouldn't surprize me at all if Tresparis gets whacked either by hard left or hard right. In about a week he'll have them both after his ass.

Tue, 07/07/2015 - 19:44 | 6282713 logicalman
logicalman's picture

Rock = European banksters

Hard Place = Greek people

Have a nice day :-)

 

Tue, 07/07/2015 - 21:55 | 6283194 ajax
ajax's picture

 

 

Rock vs hard place  The Greeks are way ahead of you: it's called between Scylla and Charybdis.

https://en.wikipedia.org/wiki/Between_Scylla_and_Charybdis

There ain't a thing on this earth the Greeks haven't already written about...

Tue, 07/07/2015 - 21:09 | 6282971 CPL
CPL's picture

He just opened the door for all other European nations to dump the EU with the landslide vote.  Then it just won't be one nation saying 'No'.  It'll be ten...then eleven...then twelve...etc...etc...all of them saying 'No'.  What then?

Tue, 07/07/2015 - 18:55 | 6282540 Mark Urbo
Mark Urbo's picture

It makes no difference...

The best thing for Greek in the long run is getting out of the euro.

The euro sucks donkey dick !

Tue, 07/07/2015 - 19:45 | 6282719 logicalman
logicalman's picture

The best thing for humanity in the long run is getting out of the present banking system

You were close!

Tue, 07/07/2015 - 19:04 | 6282541 Mark Urbo
Mark Urbo's picture

As China spirals down to reality and...

..the EU collapses Keynesian style, we can finally string Krugman up by his nuts.

Tue, 07/07/2015 - 19:20 | 6282624 erikaappleihzyjtyeg
erikaappleihzyjtyeg's picture

You presume much.

Tue, 07/07/2015 - 21:08 | 6282978 IndyPat
IndyPat's picture

I'll see his Krugman by the nuts and raise him a Corzine ass first on a pike.

How's that for presumption?

Wed, 07/08/2015 - 01:29 | 6283727 HowardBeale
HowardBeale's picture

Those are beautiful visions of a future we can all value--and I'm straight. 

We've been living in this artificial world for such a significant fraction of our cognizant lives that it's easy to just accept our lot--until you read a little history: when injustice is broadly recognized--remember the internet?--there is No Place to Hide; No Way Out; No Peace of Mind; No Nothing that Resembles Freedom and Control over One's Life: The Oligarch's and their cheerleaders are in for a world of hurt--and that is the best case scenario.

Tue, 07/07/2015 - 18:52 | 6282528 Bangin7GramRocks
Bangin7GramRocks's picture

I believe it was Churchill or maybe Gandhi who said, "you don't buy a strap-on if you don't intend to fuck someone." Truer words were never spoken...

Tue, 07/07/2015 - 19:15 | 6282610 williambanzai7
williambanzai7's picture

I think it was Gumby who said that to Pokey.

Tue, 07/07/2015 - 19:41 | 6282700 cougar_w
cougar_w's picture

You might wind up in Gitmo for that one.

Tue, 07/07/2015 - 20:19 | 6282835 ajax
ajax's picture

 

 

"I think it was Gumby who said that to Pokey."

I think it was Myra Breckinridge who said that to Uncle Buck Loner. 

Gore Vidal was way ahead of his time:

https://www.youtube.com/watch?v=-9Hkcq1gR14

Tue, 07/07/2015 - 19:53 | 6282740 Slave
Slave's picture

Pretty sure that was Reggie to Bathhouse.

Tue, 07/07/2015 - 19:41 | 6282576 Ill-news the St...
Ill-news the Stormcrow's picture

But isn't this what the polls actually showed? The Greek people don't like the terms for their current set of credit cards, but they have no desire to close the accounts (i.e. leave the Euro).

Tsitsi the fly was set to sell out all hope either way, and despite the flying rhetoric, the Greek people don't have any higher aim than to get the ATMs flowing again without having to pony up too much (or anything).

Tue, 07/07/2015 - 20:23 | 6282850 KnuckleDragger-X
KnuckleDragger-X's picture

Socialism at its finest and now it's time to play Russian roulette with an automatic pistol, so insert the magazine, rack the slide and lets get this party started. I wanted last weekend that a 'no' vote would speed this process up, but  we're approaching EU dissolution at a truly amazing speed.....

Tue, 07/07/2015 - 19:36 | 6282682 Jumbotron
Jumbotron's picture

"The hard part about playing chicken......is knowing when to flinch"

"You arrogant ass.....you've killed US !! "

 

https://www.youtube.com/watch?v=OEiHxV2JuPw

Tue, 07/07/2015 - 20:02 | 6282773 booboo
booboo's picture

Yes, never remove the safety on a torpedo, the bitch may turn on your own boat.

Tue, 07/07/2015 - 19:38 | 6282690 Chris Dakota
Chris Dakota's picture

From what I can tell Golden Dawn was the true opposition which is why they were rounded up and jailed.

These guys are delivering Greece to the butcher.

In the end it is about Eurasia and WWlll that TPTB are cooking up.

 

Tue, 07/07/2015 - 20:51 | 6282933 steelhead23
steelhead23's picture

Simply insane message management.  Both Tsipras and Varoufakis need a primer on public relations and media communications.  First - do not express new positions prior to clearing them with your boss (Varoufakis).  And for crying out loud - never complain about the burdens of winning.  What gets me is that the Greek people appear to have more faith in these guys than they have in themselves.  Could it be more bizarre?

Wed, 07/08/2015 - 04:41 | 6283975 luckylongshot
luckylongshot's picture

This story reeks of BS. Are we seriously expected to believe that a referendum was called in the hope it would be lost? An alternative explanation is that having lost the referendum plan B for the bankster elite is discrediting the Greek government to the point they collapse and then installing bureacrats.

Tue, 07/07/2015 - 18:36 | 6282456 fevil
fevil's picture

the only loser tomorrow will be germany. you can't say no to usa.

tomorrow in germany, people will understand the cost of grexit. And thursday the parliament will vote yes to negociate.

Tue, 07/07/2015 - 18:36 | 6282461 ANestIOS
ANestIOS's picture

LOL

this calls for williambanzai7

Tue, 07/07/2015 - 18:54 | 6282526 williambanzai7
williambanzai7's picture

They should go back to the drawing board and elect Varoufakis PM...

This guy can't  even be trusted as far as you can throw him.

Tue, 07/07/2015 - 19:05 | 6282577 ANestIOS
ANestIOS's picture

well lets see how the whole saga plays out over the next few days - but not sure why A E-P is feeding this particular mis-information now

re outcome of referendum, there was never really a contest the way the 2 choices were phrased. Expecting a different oucome would be like expecting turkeys voting for xmas

Tue, 07/07/2015 - 19:16 | 6282599 BoPeople
BoPeople's picture

Varoufakis needs to be put in charge of the nationalized central bank.

The PM can stand on his head and whistle Dixie for all it matters. He is a useless figurehead with an ego.

Varoufakis will have to figure out how not to get assassinated.

... and if ISIS was anything other than a shoddy CIA mercenary army with no real skin in the game, their first target would be Basel Switzerland. But it is not, so it will not be. Chop off the head of the central bank empire and stop all of the regime change for the purpose of debt enslavement.

Tue, 07/07/2015 - 21:15 | 6282993 ZerOhead
ZerOhead's picture

Sounds like a plan...

Tue, 07/07/2015 - 18:38 | 6282466 Peter Pan
Peter Pan's picture

Tsipras is not the one that is trapped.

It is the Greek people that are trapped because they have neither the leaders nor the resources to endure the "economic blockade"that Europe will impose on its banks and economy.

The only question is whether the Greeks can precipitate a panic on world markets by defaulting which might in turn bring down the whole Debt Tower of Babel.

Tue, 07/07/2015 - 18:54 | 6282520 PartysOver
PartysOver's picture

Ummmm, and who elected these leaders?  Seems to me the Greeks got what they wanted with the election of Tsipras.

Tue, 07/07/2015 - 19:00 | 6282554 Dr_Dazed
Dr_Dazed's picture

Could it be that their "choices" on the ballot are about as real as ours in the USA?  I'm already nausiated at the thought of voting in our upcoming national election....

Tue, 07/07/2015 - 19:09 | 6282589 TeamDepends
TeamDepends's picture

(puffs on pipe): Yes, yes, one is reminded of Obama or McCain (chuckles).

Tue, 07/07/2015 - 19:49 | 6282730 logicalman
logicalman's picture

Then don't vote.

The lesser of two evils is still evil.

If you vote you are agreeing to go along with the game and are therefore complicit in the crimes of government.

 

Tue, 07/07/2015 - 20:14 | 6282812 El Vaquero
El Vaquero's picture

The Greeks aren't going to get what they want and they don't know what they need. 

Tue, 07/07/2015 - 22:00 | 6283219 ajax
Tue, 07/07/2015 - 18:44 | 6282475 Supernova Born
Supernova Born's picture

"Well, son, your bystanding days are over! You’re in it now, up to your neck! They told me that you’re a genius with explosives. Start proving it!"

-Gregory Peck in the Guns of Navarone.



Tue, 07/07/2015 - 18:42 | 6282484 taketheredpill
taketheredpill's picture

The Telegraph? Definitely true then and most certainly not propaganda. 

 

I call BULLSHIT.

 

The Finance Minister left because the EU demanded he not take place in negotiations.  Done! So start negotiating then or they will just bring him back in.

Tue, 07/07/2015 - 18:48 | 6282509 Dollarmedes
Dollarmedes's picture

Maybe Pritchard got paid off for an elaborate pump and dump. If the money's big enough, anything's possible.

Tue, 07/07/2015 - 18:49 | 6282514 Fun Facts
Fun Facts's picture

UK Telegraph owned by the elders of Zion

Just like the rest of the UK press

and the US press.

and the press in all of Europe who are Rothschild gangbangkster client states

70 percent of Americans no longer trust the media to tell the truth. For good reason. They don't.

Tue, 07/07/2015 - 19:44 | 6282626 COSMOS
COSMOS's picture

If mentaly every time you read western news sources you imagine this guy handing you the story.  Would your perception of the news change?  I know mine did.

http://i.dailymail.co.uk/i/pix/2014/01/03/article-2533468-1A675D08000005...

OPAaaaa

 

Tue, 07/07/2015 - 20:31 | 6282867 conscious being
conscious being's picture

Oopa Khazaria Oopa. Its a song.

Wed, 07/08/2015 - 03:35 | 6283907 Ghordius
Ghordius's picture

"UK Telegraph owned by the elders of Zion"

lol. are you trying to write, in different words, that the "Elders of Zion" have something against the EUR?

Tue, 07/07/2015 - 18:58 | 6282547 Piranhanoia
Piranhanoia's picture

Mr. Pritchard has been used as a tool by smart crows before.   Distracted by politics when its follow the money.   Another derivatives fuse on another set of CDO's has been lit by no payment made.  tick. No payment by x, y and z,  tick.   none by a, b, c through ccccd yet.   Tick. Tick.

Lots of stories by Chris Whalen Tyler lately?  

Tue, 07/07/2015 - 19:35 | 6282679 PrayingMantis
PrayingMantis's picture

 

 

..."Mr. Pritchard has been used as a tool by smart crows before."

... according to this write-up about "the hyphenated hoaxster", >>> http://www.larouchepub.com/eiw/public/1998/eirv25n25-19980619/eirv25n25-19980619_044-ambrose_evans_pritchard_the_hyph.pdf ... Ambrose Evans-Pritchard of the Telegraph tabloid was 'allegedly' a "British Intelligence asset" ...

...I wonder what his 'motives' were/are and whose lap he belongs to in this Grexit dog fight ...

Tue, 07/07/2015 - 20:32 | 6282871 conscious being
conscious being's picture

Where is Vince Fosters Ghost?

Tue, 07/07/2015 - 19:00 | 6282550 hal10000
hal10000's picture

The days of reporters chasing stories are over.  Vested interests now chase reporters with preformed articles needing to express what they can't say publicly themselves.  So, they get an "independent" journalist to do it for them.

Using Think Tanks is so 1997 now.

Tue, 07/07/2015 - 18:42 | 6282488 Freedom In Your...
Freedom In Your Lifetime's picture

So a politician is trying to put on the public front of supporting the people he is supposed to represent, while in fact further in debting them. Instead, he is so incompetent that he actually (and very accidentally) let's his country find a way out from under the bankers thumb?

Another fucking real life onion headline in the making...

"Corrupt Lying Politician Accidentally Increases Countries Freedoms. On Accident."

Tue, 07/07/2015 - 19:14 | 6282609 disabledvet
disabledvet's picture

ALL BANKS CLOSE IN GREECE!

ZERO HEDGERS. LAMENT!

(True dat...sumpin don't sound right there)

Anywho....FIND OUT SUNDAY!

Tue, 07/07/2015 - 18:44 | 6282496 Seasmoke
Seasmoke's picture

I would love to see this motherfuckers papers voting slip.

Tue, 07/07/2015 - 18:45 | 6282500 Kaiser Sousa
Kaiser Sousa's picture

why cant these mother fuckers just take control of their destiny for fucks sake and tell the EU FUCK OFF!

im so tired of this shit........

Tue, 07/07/2015 - 18:46 | 6282504 taketheredpill
taketheredpill's picture

Until Greece leaves EU they will seek to discredit the party with Balls. Afterwards they will punish them to frighten the other Peripherals.

 

So take an article from the Telegraph as more Propganda. "Look! They are Gamblers! And Losers Too!!"

 

 

Feck Off!!

Tue, 07/07/2015 - 18:51 | 6282522 Dollarmedes
Dollarmedes's picture

Exactly. We've already discussed how the EU will punish Greece on the way out, as an example for the others. I can't believe the ZH crowd believes this so easily.

Wed, 07/08/2015 - 04:45 | 6283982 Ghordius
Ghordius's picture

except that the Telegraph is a staunch critic of the EU and AEP is the biggest critic of the EUR

but of course when the Telegraph writes bullshit about the EU nobody on ZH is interested to see the propaganda, and when Ambrose Evans Pritchard writes a piece telling everybody that the EUR will cease to exist tomorrow the "peanut gallery crowd" usually applauds

Tue, 07/07/2015 - 18:47 | 6282505 Berspankme
Berspankme's picture

This guy is apparently a cunt too. Wonder what kind of offers he received to sell out the greek people? Added to my guillotine list

Tue, 07/07/2015 - 18:47 | 6282506 Mat Cauthon
Mat Cauthon's picture

Wasted away again in Blackswansville...

Searchin for my lost derivative default.

Those in the ECB claim there's a Greek to blame, but I know...

It's their own damn fault.

 

 

Dovie'andi se tovya sagain (It's time to toss the dice)

Got Karatbars?

Tue, 07/07/2015 - 18:47 | 6282508 SpasticGramps
SpasticGramps's picture

I'll take an extra large order of chaos with olives and french fries. Hold the sauerkraut.

Tue, 07/07/2015 - 18:48 | 6282510 bid the soldier...
bid the soldiers shoot's picture

Please!

And this is what the WSJ said on Monday morning:

The Wall Street Journal. After the New York Times, the loudest propaganda megaphone in America.

Tue, 07/07/2015 - 19:01 | 6282556 hal10000
hal10000's picture

Sorry, Washington Post is the loudest.  It's affectionately known by it's nickname: Pravda on the Potomac.

Tue, 07/07/2015 - 19:05 | 6282575 bid the soldier...
bid the soldiers shoot's picture

(projectile vomiting on keyboard)

according to the Telegraph,

Will Merkel, unlike Hitler, be able to turn Germany's defeat at Stalingrad into a victory?

It looks like she will.

 

there are long quotations in this piece, whose source is not identified.  Telegraph?  Wall Street Butt Hole?

 

THIS IS WHAT REAL PROPAGANDA IS 

Tue, 07/07/2015 - 19:57 | 6282751 blindman
blindman's picture

meme supporting horseshit spewed
to obstruct the creative and intelligent
minds, all around. like a linguistic and symbolic
shock therapy evolved from the crude lobotomy
of earlier times, god bless rosemary
kennedy and her like. but here we are,
subject to this also crude horseshit
propaganda. hey, but i imagine it pays his
bills. you know this pritchard dude is
"probably" merely an "asset", right?
but who isn't? i, for one, would love
to know.

Tue, 07/07/2015 - 21:22 | 6283023 bid the soldier...
bid the soldiers shoot's picture

Corporations get you to buy their crap with advertising; goverments get you to buy theirs with propaganda.  

Last week Tsipras and 'yes' were the big winners.  Today after this piece of propaganda, they are pathetic losers.

There is only one way to outsmart propaganda:

THINK FOR YOURSELF

Tue, 07/07/2015 - 18:49 | 6282513 KashNCarry
KashNCarry's picture

Perhaps Tsipras hedged his bets... certainly more drama to come.

Tue, 07/07/2015 - 18:51 | 6282519 gwar5
gwar5's picture

If so, then the people of Greece are much more astute than their leader. 

 

Tue, 07/07/2015 - 18:53 | 6282529 Bunga Bunga
Bunga Bunga's picture

Bullshit. Wall St is fucked here.

Tue, 07/07/2015 - 18:55 | 6282537 eric dufau
eric dufau's picture

Greece now have a purpose to go to Ufa

Tue, 07/07/2015 - 18:58 | 6282545 Al Huxley
Al Huxley's picture

If only they were all America, then none of this would have happened.  Markets would be open, stocks rising, but with plenty of dips to buy to amp the returns, the currency would be soaring, prices for essentials and raw materials crashing, the rich would be getting richer, the poor appropriately dumbed down and muzzled, oh, if only...

Tue, 07/07/2015 - 19:00 | 6282552 ikemike
ikemike's picture

I truly hope this isn't true. Heartbreak

Tue, 07/07/2015 - 19:14 | 6282607 ANestIOS
ANestIOS's picture

it isn't true

Tue, 07/07/2015 - 19:00 | 6282553 smacker
smacker's picture

So, it looks like Tsipras wants to betray his own people, insanely, from a position of strength.

I hope he has a kevlar jacket and a bunch of armed bodyguards.

Tue, 07/07/2015 - 19:21 | 6282628 bid the soldier...
bid the soldiers shoot's picture

Don't worry, smacker, a little girl on Waverly Place found most of your marbles.  :o/

Wed, 07/08/2015 - 00:52 | 6283667 smacker
smacker's picture

I gave all my marbles to a needy cause: you ;-)

Tue, 07/07/2015 - 19:01 | 6282559 Tarshatha
Tarshatha's picture

Everyone is holding a shit hand, grow some balls and play the game.

Tue, 07/07/2015 - 19:01 | 6282560 taketheredpill
taketheredpill's picture

So Tsipras goes to the people and says "Do you want to take this deal yes or no". And the people say NO.

 

And now were supposed to believe that Tsipras has gone begging and accepted the deal. WTF?!

 

This article smells like a hatchet-job.  Sure he may accept "some" policy conditions. That was always the case. The question is which ones and how much debt relief. 

 

The Referendum was about whether to accept the offer and NOT leave the EU / Euro. That decision may well require another Referendum or Election and articles like this are all about that next step.

Tue, 07/07/2015 - 19:03 | 6282567 ayyy lmao
ayyy lmao's picture

Is this where the machine breaks and sends the western world into a 3rd world dystopia/utopia like the globalists want?

Tue, 07/07/2015 - 19:06 | 6282581 Soul Glow
Soul Glow's picture

BAHAHAHAHAHAHAHAHA!

Tue, 07/07/2015 - 19:08 | 6282586 sudzee
sudzee's picture

This has to be a joke right?

Or did the author forget the S/C.

 

Tue, 07/07/2015 - 19:18 | 6282619 HowdyDoody
HowdyDoody's picture

It is MSM propaganda and it works. Look at the number of zh comments taking it all in.

 

Tue, 07/07/2015 - 19:09 | 6282592 Rob Jones
Rob Jones's picture

Well, whether he planned it or not, the referendum made Grexit inevitable. For the sake of the Greek people, I hope he has a good plan to implement it.

Tue, 07/07/2015 - 19:12 | 6282597 williambanzai7
williambanzai7's picture

Squandered mandate? You didn't build that...

Tue, 07/07/2015 - 19:14 | 6282605 buzzsaw99
buzzsaw99's picture

To summarize: it is a well known fact that those people who must want to rule people are, ipso facto, those least suited to do it. [Douglas Adams, The Hitchhiker's Guide to the Galaxy]

Tue, 07/07/2015 - 19:57 | 6282749 logicalman
logicalman's picture

The last person who should be given power over others is he who wants it.

 

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