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Complete Humiliation: Greek Parliament Pressed To "Approve" German "Coup"

Tyler Durden's picture




 

Months ago we said the following about the future of Greek politics:

It is becoming increasingly clear that the Syriza show will ultimately have to be canceled in Greece (or at least recast) if the country intends to find a long-term solution that allows for stable relations with European creditors although it may be time for Greeks to ask themselves if binding their fate to Europe is in their best interests given that some EU officials seem to be perfectly fine with inflicting untold economic pain upon everyday Greeks if it means usurping the 'radical leftists.'

At the risk of overstating the case, that assessment has now proven to be almost entirely accurate. 

Greeks did indeed ask themselves if they wished to bind their fate to European "partners" who seem bent on punishing the country for its decision at the ballot box in January and nearly two-thirds of Greeks said the terms of continued EMU membership as presented by creditors were unacceptable. 

Despite that clear mandate, PM Alexis Tsipras declined what some (The Telegraph’s Abrose Evans-Pritchard for one) have suggested was a better option in German FinMin Wolfgang Schaeuble’s 5-year, Brussels managed, “time-out”, in favor of a deal so bad that it might have only been proposed because no one thought he would accept it. 

Now, Tsipras must push that deal through a Greek parliament where Syriza party hardliners - who tabled a proposal to default and exit the euro months ago - are quite simply beside themselves. The likely result: a party reshuffle and a recasting of the Syriza show, exactly as we said. Here’s Bloomberg with more on the political infighting:

Greek Prime Minister Alexis Tsipras faces two days of parliamentary maneuvering in Athens to secure approval for a package of austerity measures that threatens to break his coalition apart.

 

With all 18 fellow euro-area governments looking on, Tsipras is set to submit a bill to parliament on Tuesday containing sales-tax increases and pension cuts that go against his own Syriza party’s pledges. The legislation, to be voted on Wednesday, is a precondition for creditors to begin talks on a new loan of as much as 86 billion euros ($94 billion).

 

Dozens of Syriza lawmakers have said they will rebel against the cuts, forcing Tsipras to rely on opposition support to carry the legislation needed to keep Greece in the euro. Panos Kammenos, the defense minister and leader of Tsipras’s Independent Greeks junior coalition partner, said his lawmakers will only back those measures agreed by Greek political leaders and not those imposed by creditors, which he denounced as an attempted "coup d’etat."

 

"Despite potential defections" among the coalition "we think the deal will be approved with the support of opposition parties," Roubini Global Economics analysts led by Nouriel Roubini said in a note to clients. Yet the legislation means Greece "will have to endure significant austerity measures and other types of reforms, all of which are hard to implement, hard to reinforce and possibly hard for the public to accept."

And more color from FT:

Greek prime minister, on Tuesday will seek to shore up support within his own government after he accepted the most intrusive programme ever mounted by the EU as the price for a new €86bn bailout to keep Greece in the eurozone.

 

Mr Tsipras looks set to be forced to rely on opposition support to pass a swath of economic reform measures by Wednesday’s EU-imposed deadline or face the country’s bankruptcy, as a growing number of far-left MPs voiced opposition to the deal. The ruling Syriza party’s extremist Left Platform called it a "humiliation of Greece".

 

The leader of the Independent Greeks, the rightwing coalition partner, also said that his party could not agree to the accord, calling it a "coup by Germany" and its hardline eurozone allies, the Netherlands and Finland.

 

Marina Chrysoveloni, the Independent Greeks spokeswoman, said on state TV on Tuesday there were “limits” to the party’s support for the government “that are shaped by the mandate of the Greek people, both in January’s elections and in the referendum”.

 

Greek political leaders said the legislation was not at risk of failing because it had wide support of mainstream opposition lawmakers, who would make up any government defections in the 300-member legislature.

 

But the insurrection called into question how long Mr Tsipras could survive as prime minister once the legislation was passed. Nikos Filis, Syriza’s parliamentary spokesman, called on any government MPs who did not back the plans to resign.

 

With 17 government MPs failing to support a far more limited plan offered by Mr Tsipras last week, the prime minister seemed almost certain to lose his parliamentary majority, which currently stands at 12. Some analysts believe that the number of rebels could swell to as many as 30. Already, 15 far-left Syriza MPs who voted for Mr Tsipras’s plan last week have said they would not make similar commitments in the future.

 

Panagiotis Lafazanis, the Syriza energy minister, on Tuesday branded the agreement "unacceptable". In an emailed statement he said the deal “cancels the popular mandate and the proud ‘NO’ of the Greek people in the referendum”.

As is clear from the above - and from Yanis Varoufakis' "impressionistic" first thoughts on the Greek deal which we posted here earlier - every lawmaker in Athens is now fully aware of the fact that what has happened to Greece is nothing short of a ruthless political coup executed by Germany. The writing has been on the wall for some time and indeed we outlined the entire plan in "Democracy Under Fire: Trokia Looks To Force Greece Political Reshuffle." 

In short, we’ve said for months now that come hell, high water, or "Grimbo," Germany was going to extract its pension cuts and VAT hikes from Tsipras, and not because anyone seriously thinks it will make a difference in terms of putting the country on a 'sustainable' path, but because the EU simply cannot afford for Syriza sympathizers in more economically consequential countries like Spain to get any ideas about rolling back austerity (of 'fauxsterity' as it were) and using EMU membership as a bargaining chip.

And even as the IMF (with Washington's blessing) "suggests" that Germany "mark it zero," it may be too late to preserve democracy in the periphery because as you can see from the following, Schaeuble appears to have gotten his point across:

Greece and Spain are 2 different economies that require different strategies, Nacho Alvarez, Podemos’s economic policy chief, said Tuesday in Madrid. Alvarez says change doesn’t necessarily mean restructuring of public debt.

 

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Tue, 07/14/2015 - 10:19 | 6310642 SoilMyselfRotten
SoilMyselfRotten's picture

Germany: If put this noose around your neck we can make sure you don't drown

Tue, 07/14/2015 - 10:19 | 6310650 HughBriss
HughBriss's picture

They are a very considerate people!  ;)

Tue, 07/14/2015 - 10:25 | 6310673 Haus-Targaryen
Haus-Targaryen's picture

If the Greeks pass this they don't deserve to govern themselves. 

Tue, 07/14/2015 - 10:26 | 6310678 The Juggernaut
The Juggernaut's picture

Where is Sparta?

Tue, 07/14/2015 - 10:28 | 6310688 Pinto Currency
Pinto Currency's picture

 

"...    So the first rather chilling thing I’ve learned, from well-placed bankers, is there have been no conversations between the Bank of Greece, the government or regulators and Greece’s commercial banks about the technicalities of leaving the euro and adopting a new currency.

    This is astonishing – and some would say pretty close to criminal – given that on Wednesday night the president of the European Union, former Polish prime minister Donald Tusk, was explicit that this weekend’s negotiations were all about whether Greece would stay in the eurozone.

http://www.nakedcapitalism.com/2015/07/greece-has-made-no-preparation-for-a-grexit.html

 

Tue, 07/14/2015 - 10:31 | 6310700 Headbanger
Headbanger's picture

JUST SAY NO

Tue, 07/14/2015 - 10:33 | 6310712 Pinto Currency
Pinto Currency's picture

 

 

Tsipras = Treason

Tue, 07/14/2015 - 11:03 | 6310787 SoilMyselfRotten
SoilMyselfRotten's picture

Tsipras = Rapists

Hmmm...a Troikan Horse?

Tue, 07/14/2015 - 11:17 | 6310880 Bumpo
Bumpo's picture

Give yourself to the Dungeon Master,  or print Drachma and take your chances. Is it really that hard to decide?

Tue, 07/14/2015 - 12:07 | 6311121 mtl4
mtl4's picture

Why the heck they don't just roll the presses on Drachma and give Merkel and the rest of the EU/ECB the finger I'll never know, except that Tsipras clearly still wants to be in the bankers club.  I wouldn't be the least bit surprised if the vampire squid were looking to use their influence to continue to ravage the country until there's nothing left.

Wed, 07/15/2015 - 10:46 | 6315205 fallout11
fallout11's picture

Beats handing the country over to German repossessors. 

Hey, we loaned you a shitload of money you can't possibly pay back. Now we're taking over.
- Straight out of the "Confessions Of An Economic Hitman" playbook.

Tue, 07/14/2015 - 12:11 | 6311054 Luc X. Ifer
Luc X. Ifer's picture

No at all. Tsipras can't resign as pm but he can leave if dismissed honorably by a vote and this is what he wants, he just wants the hell out of that dangerous position for his neck exactly like Varoufakis, after being threatened by a military coup intervention backed by CIA he just seen enough of how long the dark lords are ready to stretch. And in this way he will leave a correct politically path for Greeks to stand against these dark lords if they have the cojones.

http://www.zerohedge.com/news/2015-07-13/weekends-greece-negotiations-ex...

Tue, 07/14/2015 - 10:50 | 6310778 Occident Mortal
Occident Mortal's picture

Current global economic policy is akin to this....

You have reached an impasse do you:

A). Take a 2% impairment and continue on this unknown path

B). Take a 30% impairment and move to a clear path

How many times do you press A). before you finally press B) ?

It comes down to your ego, how long until you admit you are lost? The stronger you are at the outset the more damage you accrue in this puzzle.

This is how hedgemony ends.

Tue, 07/14/2015 - 10:30 | 6310696 Rubicon
Rubicon's picture

Third exit on the left.

Tue, 07/14/2015 - 10:30 | 6310699 philipat
philipat's picture

Either way, they are Fucked, partly at their own fault. But isn't it now time to stand up and default. Iceland did it and they are now, after years of pain, doing very well. The future for Greece within the EUR is bankruptcy. The future for Greece outside the EUR with a new Drachma is a world of pain for a decade, BUT with the possibility of a sustainable future. And, IMHO, that is the ONLY hope of a sustainable future with maintenance of National soveriegnty?

Tue, 07/14/2015 - 11:07 | 6310841 Coke and Hookers
Coke and Hookers's picture

Iceland didn't default. It only refused to move private bank debt to the taxpayers and let the banks default.

Tue, 07/14/2015 - 11:30 | 6310924 wildbad
wildbad's picture

Right arm coke and hookers.  WTF?  And now suddenly the IMF is the "good cop"?  Tey are in the country destroying business..thats what they DO.  Suddenly Mr. Lagarde is positioning hiumself as some noble foe of the Huns?  Schäuble and Merkel had NO compunction about shifting Deutsche Banks losses onto the public (ME!) and just don't want the sleeping German robots to wake up to their treason..that is untenable.

Tue, 07/14/2015 - 11:46 | 6311018 hound dog vigilante
hound dog vigilante's picture

 

IMF = US financial elite.

Beware IMF "good cop" behavior, because who do you think will foot the bill for EMU debt reductions/haircuts?  The US taxpayer (or more accurately, our grandchildren) via the Federal Reserve...

 

Tue, 07/14/2015 - 11:34 | 6310942 Badsamm
Badsamm's picture

Where are the fucking Russians? Don't they know how to bake cookies and pass them around? Sometimes I wonder how smart the Russians really are, always 2 steps behind it seems.

RIP Riot Dog.

Tue, 07/14/2015 - 11:50 | 6311042 hound dog vigilante
hound dog vigilante's picture

Russia/Putin remain in the catbird seat, content to watch western europe implode.

Why would Russia act now?  Why not wait until the dust settles and ride in on a white horse bearing aid/loans/charity?

Russia is playing it's cards perfectly, as usual.

Tue, 07/14/2015 - 12:11 | 6311143 FreeMoney
FreeMoney's picture

After all Chess is a national past time there....

Tue, 07/14/2015 - 12:22 | 6311187 Badsamm
Badsamm's picture

Sometimes you put your opponent in check, just to make him move.

Tue, 07/14/2015 - 12:19 | 6311177 Badsamm
Badsamm's picture

I agree with you but right now it seems that the Greeks believe they only have 2 options- stay In the EU and suck cock or leave and the world stops spinning. Until Russia and or China offer a real alternative other than the EU membership, why would anyone think these Greek chicken shits would pick the scary unknown over the wonderful EU? Pipelines and gas supplies from Russia don't mean shit to the guy on the street. It ain't cold like Ukraine and how much gas does an island scooter use?

Tue, 07/14/2015 - 10:40 | 6310741 secretargentman
secretargentman's picture

In America when the Congress goes against the will of the people we just bend over further and re-elect them.  Not sure what will happen in Greece if the parliament goes against the will of the Greek people.

Tue, 07/14/2015 - 10:48 | 6310769 Haus-Targaryen
Haus-Targaryen's picture

Apparently nothing.  No riots this time.  I wonder how the idiots from Rainbow land got Tsipras to actually go through with this, instead of walking out of the room, resigning in front of the TV cameras, and booking a commercial flight back to Athens. 

Let New Democracy take the heat for this.   

Tue, 07/14/2015 - 14:20 | 6311685 detached.amusement
detached.amusement's picture

Because Tsipiras was told that "a suicidal pilot can disable the satellite link at any time" and that would be most unfortunate if he happened to be on that plane

 

Even though we all know damned well there's no way a pilot is doing that on an a320....

Tue, 07/14/2015 - 15:10 | 6311875 Fod
Fod's picture

Actually New Democracy and PASOK are very happy to let Tsipras take the heat. They are unwilling to make a proposal of reproach against the government to make it quit claiming that they care about the future of the country, all the while saying that they will vote for this atrocity but they don't agree with it since they would never propose things like that in Greece. Lol.

Tue, 07/14/2015 - 11:14 | 6310867 Freddie
Freddie's picture

Sort of like CON-GresZ passing TPP?

Tue, 07/14/2015 - 11:01 | 6310825 Miffed Microbio...
Miffed Microbiologist's picture

Well, if you contemplate this, didn't basically the same thing happen to Germany after the Big Four made them pay reparations in the Treaty of Versailles? We all know where that led. Germany needs to do a bit of soul searching here.

Miffed

Tue, 07/14/2015 - 13:17 | 6311427 stewie
stewie's picture

Soul Searching???  By globalist bankers???  Bwuuhahahah!!!  They'll just tell the greeks that wealth will trickle down and the sheeples will be filled with warm feelings of hope and change.  Sheeples will be sheeples, that's sadly the end of it. 

Tue, 07/14/2015 - 10:19 | 6310649 shouldvekilledthem
shouldvekilledthem's picture

Modern democracy*, bitches.

*Debt slavery

Tue, 07/14/2015 - 10:20 | 6310651 Philo Beddoe
Philo Beddoe's picture

As is clear from the above - and from Yanis Varoufakis' "impressionistic" first thoughts on the Greek deal which we posted here earlier - every lawmaker in Athens is now fully aware of the fact that what has happened to Greece is nothing short of a ruthless political coup executed by Germany.

I always love it when my false Messiah fucks off on vacation. 

Tue, 07/14/2015 - 10:37 | 6310730 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

Mister Varoufakis is correct when he says that these are historic moments in the history of the European integration project. And he is correct again when he says that this same European integration project has just suffered a major catastrophe.

Tue, 07/14/2015 - 10:44 | 6310759 Philo Beddoe
Philo Beddoe's picture

First off, every moment by definition is historic. Secondlly, is there such thing as a minor catastrophe. 

Tue, 07/14/2015 - 11:07 | 6310840 Philo Beddoe
Philo Beddoe's picture

You Y-Anus junckers have got to be the biggest group of pusssies since The New Kids on the Block. 

Tue, 07/14/2015 - 11:21 | 6310888 Miffed Microbio...
Miffed Microbiologist's picture

I think catastrophes are relative. Telling the CEO of ones husband's company that his wine choice had a flabby middle and a finish remnant of fermented yak bile was clearly minor in my view. He did not agree nor the fact truth in wine seemed to placate. Later that evening I saw I got a wine stain on my favorite dress in a most unfortunate area. He did not share my sentiments to the gravity of the situation.

Miffed;-)

P.S. I am not one of the Junkers

Tue, 07/14/2015 - 11:36 | 6310948 Philo Beddoe
Philo Beddoe's picture

See, if you were a juncker you would have provided a reply. That is the kind of person you are. I, under a different username years ago, juncked the living shiit out of this one poster. Funny thing happened....I learned to accept that he was correct. As time has passed he has proven to be more correct.

The guy was eloquent,arrogant and a bit mean spirited. I think it was safe to say he had my respect. The guy never posts anymore. A shame.  

Tue, 07/14/2015 - 12:05 | 6311122 Miffed Microbio...
Miffed Microbiologist's picture

I made a decision when I joined to always respond if I downvoted anyone because I thought Zh was predicated on debate not anonymous poo flinging. This may be unresolved guilt over a few antics I did as a youth, such as TeePeeing a major asshole teacher of whom I was terrified to engage in person.

I do miss many of the " Trav777" meanspirited assholes that roamed here. They rarely ever got to me personally which is always an indication the issue is they are hitting a personal wire so the answer is to deal with that not lash back out thoughtlessly. Franky, I learned more from them than many of the more tempered, well balanced arguments.

It appears today having direct conflict and disagreements are just too uncomfortable in this risk adverse, dumbed down world. That this is true on an anonymous blog is even more poignant. I guess this is the result of " everyone gets a trophy for showing up" policy. What is there to be so afraid?

Miffed

Tue, 07/14/2015 - 12:44 | 6311271 Socratic Dog
Socratic Dog's picture

I suspect most of those "mean-spirited assholes" were perpetually pissed that nobody seems to fucking get it.  With good reason.  Like you , I learned a lot from them.

I read books at work when I can, some of which have pretty interesting titles.  Last night I left one lying around with a title something like "the vaccine and the cancer virus", about SV40 contamination of the polio vaccine (up your alley Miffed, you might find it a bit of an eye-opener).  Someone asked me how I find out about these books.  I thought about it, and realized most are leads I got from the posters here.  I've bought maybe 30-40 books in the last few years that this place led me to.  Not too many of them bored me.

Kids should study the musings of Trav777 and Francis Sawyer in schools.

Tue, 07/14/2015 - 14:12 | 6311650 Miffed Microbio...
Miffed Microbiologist's picture

You have stumbled upon an issue most interesting to me and is one of the main reasons I accept no vaccination today. It is interesting to note, none of my colleagues agree with me on this, citing the fact contamination issues are more readily found today due to advances in technology. I counter, perhaps accidental but willful? This resulted in me branded a character out of the X files.

There is a lot of speculation and credible research in this area if you care to take a trip down another rabbit hole. I try to be conservative when judging these matters but this one has me convinced the increase in cancer rates today are,in part, due to this issue.

I imagine if total societal and economic collapse were to come about, we'd hear back from some of the original rabble rousers. That is, if we still have the means to communicate. Many here may have to eat some serious crow sushi I think. I can't fathom what interesting viruses would be present in that.

Miffed;-)

Tue, 07/14/2015 - 14:24 | 6311702 detached.amusement
detached.amusement's picture

One step ahead's genious, two steps and they call you insane...

Sat, 07/18/2015 - 20:12 | 6328155 Socratic Dog
Socratic Dog's picture

Sure Miffed, it stands to reason: "citing the fact contamination issues are more readily found today due to advances in technology".  Unfortunately it's less than a fact, because PCR is not used to check polio vaccine batches for SV40.  Which vaccine is still produced in a culture medium made from green monkey kidneys, and "killed" with formalin.  They still use a broth, grow it out for two weeks and look for characteristic effects of SV40 contamination on the cells.  Same as they did in the early '60's.  And the growth period is the same, so that the 3-week SV40 cannot possibly be detected.  Kids are dying of brain tumors and sarcomas that grow out SV40, that are almost certainly caused by SV40, and it's business as usual.  What the fuck is wrong with people in this country?

Tue, 07/14/2015 - 10:20 | 6310654 Brazen Heist
Brazen Heist's picture

This is when self preservation kicks in. Tsipras is now fighting to hold onto power.

Fuck him. He will be remembered as another false prophet.

Tue, 07/14/2015 - 10:22 | 6310661 Winston Churchill
Winston Churchill's picture

lots of gas stations in Athens. First for the Molotovs, then for hanging 'leaders" from.

Tue, 07/14/2015 - 10:24 | 6310668 Dre4dwolf
Dre4dwolf's picture

He and his family will be spit on by the Greek people for the rest of eternity.

Greeks have a long memory.

The deal he signed will be a permanent stain on his family name.

Greeks hold grudges, its in their nature, he is likely to be ex-communicated from his own ethnicity lol.

Tue, 07/14/2015 - 15:13 | 6311892 Fod
Fod's picture

Greeks don't have a long memory or at least do not act on it. Just check who they were voting for again and again after the junta and where this led the country. Spoilers: New Democracy and PASOK and it led to total destruction and loss of sovereignity.

Tue, 07/14/2015 - 10:24 | 6310656 yogibear
yogibear's picture

Germany running the European show again, like in the early 1940s.

Instead of using the military they have the ECB and the IMF.

Germany will control the rest of Europe. Greece, Spain, Italy, Ireland and Portugal you'll need to Learn German quickly.

Tue, 07/14/2015 - 10:21 | 6310657 beavertails
beavertails's picture

Bend over Gritches!

Tue, 07/14/2015 - 10:22 | 6310659 Dre4dwolf
Dre4dwolf's picture

If Tsipras didnt have the balls to do what needed to be done, he should of just resigned instead of selling his country out.... everyone knew he didnt want to play the part he was asked to play, but instead of doing the manly thing and stepping down , admitting he was a coward, he destroyed his country.

What a fucking idiot.

He should be tried as a traitor.

 

Tue, 07/14/2015 - 10:31 | 6310702 Azannoth
Azannoth's picture

Sosialism NEVER solved any problems Syriza is hardcore socialist .. what did you expect! The only alternative would have been to repudiate the debt, balance the budget, cut costs and reform the bureaucracy yeah like that would ever happen under socialists.

Tue, 07/14/2015 - 10:22 | 6310660 101 years and c...
101 years and counting's picture

hey greece, how did those bailouts in 2010 work out for ya?  you want to sign up for another 5 years of depression before you finally default anyways?  cut the fucking cord already and tell germany/ECM/EU/IMF/Obama to fuck off.

Tue, 07/14/2015 - 10:29 | 6310692 semperfi
semperfi's picture

its just basic human nature to chose today to kick the can than to chose today to start down the right path that will be extremely difficult at first - humans don't ever want to feel pain and will do almost anything to avoid it, including making stupid choices about the future - Greece will kick the can until the pain of kicking the can is stronger than the pain of not kicking the can - its just that simple

Tue, 07/14/2015 - 11:29 | 6310922 fainzilberg
fainzilberg's picture

it's the human nature of the sheeple to obey and of the rulers to impose their will.

until the sheeple face starvation no violent reaction will occur.

we know this from Darwin

Tue, 07/14/2015 - 10:23 | 6310664 Philo Beddoe
Philo Beddoe's picture

Hey France, get out the lube. We got something for you. If you struggle it will hurt more. 

Tue, 07/14/2015 - 10:27 | 6310684 Dre4dwolf
Dre4dwolf's picture

The French dont need any lube, they are still gaping from 1940.

The Germans owned France in 1940 and they still own it in 2015.

 

Nazi Germany through establishing the EU essentially just won World War II.

 

Tue, 07/14/2015 - 11:13 | 6310856 BolshevikPartyP...
BolshevikPartyPlanningCommitee's picture

Germany didn't establish the EU, the JEWISH communist bankers did.  Who the hell do you think Germany was fighting against??  It was jewish communism.  Do a little bit of non-mainstream media research.  That goes for all the rest of you German bashers.

Tue, 07/14/2015 - 10:48 | 6310669 Lady Jessica
Lady Jessica's picture

Enough of this Germany bashing already.

At the end of a chain of bad choices, the Greeks elected Syriza/Tsipras/V-fark and got shafted when these dunces proved themselves incompetent.

This is not to say that Germany is innocent (being the originator of a considerable amount of Greek indebtedness).

But this is all a diversion.

The real game is Germany v IMF.  Greece is having a tough time picking a side.

Tue, 07/14/2015 - 11:02 | 6310827 YHC-FTSE
YHC-FTSE's picture

+1 I'd go along with that as a fair assessment. And not just because you're a "lady".

Tue, 07/14/2015 - 10:24 | 6310670 i_call_you_my_base
i_call_you_my_base's picture

Pass the bail out and start printing drachma with some of the money.

Tue, 07/14/2015 - 10:24 | 6310672 Madcow
Madcow's picture

The IMF will need to bring DSK out of retirement to start personally raping the people into submission. 

All along i have suspected that the "Euro" was an eleborate plan hatched by sex crmiminals in London and Brussels.

Tue, 07/14/2015 - 13:40 | 6311540 stewie
stewie's picture

DSK liked sex parties, hardly a criminal.  He was setup because he openly opposed the USD.  That's why I downvoted you.

 

Now London does seems to be ran by sex criminals, I'll give you that.

Tue, 07/14/2015 - 10:25 | 6310675 Panic Mode
Panic Mode's picture

Ukraine 2.0

Tue, 07/14/2015 - 10:26 | 6310676 Duck and Cover
Duck and Cover's picture

Debt = Slavery !

Tue, 07/14/2015 - 10:26 | 6310680 directaction
directaction's picture

Good thing the Greek people were allowed to vote on this surrender. That's what makes European democracy so great.

Tue, 07/14/2015 - 10:28 | 6310683 Bill of Rights
Bill of Rights's picture

I wonder what Leonidas the  Greek warrior king would do?

Tue, 07/14/2015 - 10:30 | 6310698 Racer
Racer's picture

Rolling in his grave so fast he is digging a hole through to the other side of the world by now to get away from the traitors who have allowed a coup d'etat

Tue, 07/14/2015 - 10:48 | 6310772 J Jason Djfmam
J Jason Djfmam's picture

We will build the coup for the Germans next to the goat pens.

Tue, 07/14/2015 - 13:21 | 6311445 Anunnaki
Anunnaki's picture

He would have put on a tie and stood up for his people.

Unlike phony leftists who drop trou, bend over and spread their brown eye for Adolph Merkel's big stick.

Tue, 07/14/2015 - 10:29 | 6310693 jhm
jhm's picture

So all other 17 members of the €urozone are but devote slaves of the Germans and had and have no say in all of this whatsoever, and Germany is the lone and sole European power, unstoppable and in reality the Nazi fourth Reich ruled by Schäuble and Merkel submissing all others, and is not and never has been the utter puppet of the US. And poor innocent Greece was forced into debt by the Germans alone, at point blank.

ZH parrotting the mere bullshit of Krugman. Great.

 

Tue, 07/14/2015 - 10:34 | 6310716 SpanishGoop
SpanishGoop's picture

Ever see the weak backbone of our Dutch PM Rutte ?

And there you already have 1.

 

Tue, 07/14/2015 - 10:30 | 6310695 economessed
economessed's picture

So the lesson here is that you can't borrow your way to prosperity?  Dang.  It sure looked easy.  Well, at least we were able to spare 1% of the population from any apparent harm...

Tue, 07/14/2015 - 10:49 | 6310776 I-am-not-one-of-them
I-am-not-one-of-them's picture

The Banksters infiltrates every country with agents and imposes the concept of borrowing on the country as well as the concept that a country is incapable of printing it's own money, thus requires private banks to do so incurring a fee.

Governments need to be disinfected.

Tue, 07/14/2015 - 10:32 | 6310697 libertysghost
libertysghost's picture

Given what the IMF is saying, I imagine there are more than a few who think they can say no again and let big sister Largarde either bail them out or fight the German block for them.  

There is a dominant theme here on ZH comment boards that the elites never fight between themselves.  That's not the case...what might seem to be the best case for Germany et.el. might not appear to be the best way forward for the IMF elite group.  I think Germany has some real problems underlying its economic surface and of course, as much as I think what they are trying to do is completely corrupt, there is no way they can bail out Greece again, and then Spain, and then Portugal, and then Ireland, etc. etc.

Or maybe this is all a way to shift the burden back to the IMF who can always pick and choose (see Ukraine's exceptional circumstances while Greece was thrown to wolves prior) later but for their elite's interest in the now, using US backed loans to bail out Greece seems better than not to them.  It's a way to salvage the EU for a while longer kicking that can down the road and maybe stave off a win for Russia in the region.  

It all sucks...but these things have to be considered.  Americans are getting primed to feel wonderful about "saving Greece" from those horrible Germans by the MSM.  Who knows?  None of it is real wealth anyway, but all those numbers on a computer screen do translate to various levels of power for some elites as we go down the line in the short term.

Tue, 07/14/2015 - 12:16 | 6311161 hound dog vigilante
hound dog vigilante's picture

 

IMF = USD$ scraped from the savings accts. of US taxpayers (and their grandchildren).

Pushing the burden onto the IMF = passing EMU debt obligations to the USA.  No, thank you.

Tue, 07/14/2015 - 10:31 | 6310701 Bill of Rights
Bill of Rights's picture

In much bigger news

Rapper 50 Cent Files for Bankruptcy

http://www.nbcnews.com/business/business-news/rapper-50-cent-files-bankr...

 

Documents filed in Connecticut Bankruptcy Court showed Jackson's listed assets and debts to be in the range of $10 million to $50 million.

The filing comes days after a jury ruled that Jackson must pay $5 million to a woman suing over a sex tape that was posted without her permission, according to The Associated Press.

Tue, 07/14/2015 - 10:32 | 6310704 Able Ape
Able Ape's picture

There is nothing in current political or economic playbooks to realistically deal with this crisis...At some point [and the sooner the better] some really creative and ingenious approaches will be needed...

Tue, 07/14/2015 - 10:31 | 6310705 SpanishGoop
SpanishGoop's picture

I was going to say "You stupid Greeks !" but then i remembered that i am also going to pay for the next bail-out.

So i won't say it.

 

Tue, 07/14/2015 - 10:49 | 6310775 J Jason Djfmam
J Jason Djfmam's picture

I Keed, I keed!

Tue, 07/14/2015 - 10:33 | 6310714 One And Only
One And Only's picture

I like Gyros

 

Tue, 07/14/2015 - 11:18 | 6310718 hound dog vigilante
hound dog vigilante's picture

"...an economic depression of unimaginable propotions."

Nonsense.  Greece is already in a depression.  Default, tell DE to go to hell, re-issue the Drachma, and watch the airports flood with tourists who will gleefully take their holiday money to Greece which would be the holiday bargain of the century (sans Euro).

Greece would recover in less than 10 years if they defaulted and went at it alone w/ their Drachma.  Iceland, not Ireland, is the example to follow...

 

Tue, 07/14/2015 - 10:35 | 6310720 Rentenmark
Rentenmark's picture

From now on the term " Trojan horse " shall be known as the "Tsipras Trap", where you are duped into thinking your leaders will do as they say.  In case it wasn't already obvious, never trust a politician. 

Tue, 07/14/2015 - 11:07 | 6310842 nodhannum
nodhannum's picture

Tsipras is making Lord Chamberlin and Major Quisling look good.  Who would have thought?

Tue, 07/14/2015 - 10:41 | 6310748 sagitarius
sagitarius's picture

Greece 'Banana Repub lic without bananas.

I hope Tsirpas fails.

Tue, 07/14/2015 - 10:43 | 6310752 john_connor
john_connor's picture

Germany accomplishing European takeover via financial warfare versus failed attempt using force in WWII.

 

Tue, 07/14/2015 - 10:45 | 6310755 Meremortal
Meremortal's picture

"...every lawmaker in Athens is now fully aware of the fact that what has happened to Greece is nothing short of a ruthless political coup allowed by Greece."

Edited for clarity. If the can can be kicked it will be and Greece is complicit in that. Over and over Greece has bought time rather than reform, and continues to do so at the cost of its national treasures and sovereignty. This will go down in history as the death of a country by its own hand. To be followed eventually by the death of a Union through its own stupidity.


Tue, 07/14/2015 - 14:09 | 6311640 stewie
stewie's picture

Greeka-kiri?

Tue, 07/14/2015 - 10:44 | 6310760 libertysghost
libertysghost's picture

I posted it yesterday on a different board...but with the constant Greek VS German roll on here it's a keeper (and was well liked) to lighten the mood.  For a comedian, he includes some nuggets here that are pretty "clued in" especially given he produced it over 3 years ago.

"Greece saves the world from Germany...AGAIN!!!"  

 

I like his line, "Greece has a problem?  No, you gave Greece your money...you have a problem."  jajjajajjaja

 

https://www.youtube.com/watch?v=Zvl9N9GdraQ  Mr Panos "Financial crisis in Greece"

Tue, 07/14/2015 - 10:45 | 6310762 Ignorance is bliss
Ignorance is bliss's picture

If the Greek government says no, then they get paid in Drachmas. How much does a drachma buy? Expect the self serving government leaders to approve the German coup de tat with a big hug and lots of love, Debt servitude is a monkey, one that they enjoy.. The real question is can they contain the population that does not benefit from cronyism? I think not..a hungry belly is what great revolutions are built upon.

Tue, 07/14/2015 - 10:45 | 6310763 Kina
Kina's picture

So Germany just created a generation of domestic terrists in europe, with Germany as the target. 

Well done guys, I am sure Germans will be happy when thing go bang in their markets and cafes...

When you got so much youth unemployment, so much anger, and with Germany now being seen as the cause of the anger and humiliation, what does Germany expect will happen??

Tue, 07/14/2015 - 10:58 | 6310797 J Jason Djfmam
J Jason Djfmam's picture

Modus Operandi.

Next create giant spying apparatus.

Crack down on basic freedoms.

Rinse, Repeat.

Tue, 07/14/2015 - 15:19 | 6311939 Fod
Fod's picture

Nothing actually. Greeks are alienated and they don't produce weapons.

Tue, 07/14/2015 - 10:47 | 6310767 secretargentman
secretargentman's picture

Alternative view - Perhaps this is just a ruse to secure the loan which they have no intention of repaying (along with reforms they have no intention of implementing). The loan will be used as temporary funding while they exit the EU. Any reason why that's not a possibility? Look how well Tsipras is playing the part of defeat.

Tue, 07/14/2015 - 10:51 | 6310786 Lady Jessica
Lady Jessica's picture

I have always been suspicious of this.  Surprise is a necessary ingredient of an effective default.

Tue, 07/14/2015 - 10:56 | 6310804 libertysghost
libertysghost's picture

And watch my video below...it wouldn't be the worst plan in the world and really the manner in which the supposed "strong nations" are going about this tells us they are more beholden to the system than the Greeks have been throughout their EURO tenure.  Greece has always had a whole parallell economy going and hasn't done much to minimize that so it wouldn't take much to make it the primary economy on the ground in the short term.  

Tue, 07/14/2015 - 14:27 | 6311716 Anopheles
Anopheles's picture

Except this time the EU is getting €50 billion in Greek ASSETS that they will sell off. Meaning there is no chance Greece can worm their way out of this one.  

Tue, 07/14/2015 - 10:51 | 6310785 large_wooden_badger
large_wooden_badger's picture

Socialism, destroyer of worlds. Watching it die a slow and agonizing death in Greece, afflicted by debt slavery. Syriza, repudiate this odiousness!

Tue, 07/14/2015 - 10:53 | 6310790 howling_mad
howling_mad's picture

If the Greeks accept this they will be the only ones suffering, if the greeks say "Stuff it" we leave the euro and default, suddenly the pain is shared

Tue, 07/14/2015 - 11:07 | 6310837 secretargentman
secretargentman's picture

BUT... if they accept it, get the loan, and THEN default, the pain is mostly shifted to the EU. 

Tue, 07/14/2015 - 10:56 | 6310801 80 years are up
80 years are up's picture

I was going to make hound dog vigilantes' comment.  I was already thinking that Greece should be my tourist destination for next winter season.  Buy the dip.  Now it will be more of the same for a while.

In a sence, this turn of event might have been forseen - hindsight is 20-20.  The socialist Greeks need someone to give them something for free.  They will take crumbs from the European floor rather than have to get to work with their own economy and try capitalism.  Capitalism is just too hard for most. America will be no different.  This whole episode of the life of the world will end in massive war and life has to be pretty hard before it will come to that.

Tue, 07/14/2015 - 11:53 | 6310920 hound dog vigilante
hound dog vigilante's picture

Greece = agriculture & tourism.

The Euro is/was the worst possible construct for the Greek economy.  Those expecting Greece to accept this horrible deal are expecting the Greeks to double-down on a losing hand, i.e. Greece should never have joined the EMU in the first place.

Argentina has defaulted how many times?  It's hardly the end of the world, and certainly nothing to fear relative to the prospect of pan-generational servitude which is exactly what accepting this Euro deal will be, as it is mathematically impossible for Greece to recover from within the Euro construct... IMPOSSIBLE.

The Greeks will reject this deal, either in parliment or on the streets, and then eventually default and go back to the Drachma.  The writing is on the wall.  The Portugese, Spanish, Italian, Irish and French people are watching with great interest...

Tue, 07/14/2015 - 10:56 | 6310805 Meremortal
Meremortal's picture

The road to hell is paved with incrementalism.

The Greeks are throwing themselves to the wolves and have volunteered to do so repeatedly, starting with joining this doomed "Union".

Tue, 07/14/2015 - 10:58 | 6310809 RabbitOne
RabbitOne's picture

Heil Mammy Merkel!

Tue, 07/14/2015 - 10:59 | 6310815 Debugas
Debugas's picture

greek people should express their disagreement by tax revolt - paying no more taxes is the patriotic thing to do when your parliament goes against the referendum

Tue, 07/14/2015 - 14:23 | 6311701 Anopheles
Anopheles's picture

The Greeks already don't pay their taxes. 

The only way to support the NO vote is for them to PAY their taxes.  Paying taxes is the same as showing they are ready to go it on their own, without outside help. 

What are the odds of that happening? 

Tue, 07/14/2015 - 11:06 | 6310833 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

No matter what the Central Bankers do to the Greek economy they will not be saved from the disintegration of the European Union. In brief, Goldman Sachs built their dark pool derivatives, and bonds, off of the EU Ponzi structure that is proving to be their undoing in the long run. Goldman Sachs has no understanding of how basic mathematics work. Neither does Gubberment Sachs, JPMorgan Chase, Douche Bank, BofA, or the rest of the TBTF parasites. Clearly, the entire World is heading for complete destruction due to the incompetence of Goldman Sachs and their executives. Moreover, at this juncture, the only thing we can collectively do is to start rioting to inflict full spectrum chaos & contagion so that the TBTF banksters, and the de Rothschild Bank, are in fear for their lives, and the lives of their families.

 

OCCUPY de Rothschild Bank

OCCUPY de Rothschild properties

OCCUPY EVERYTHING except my parking spot.

Tue, 07/14/2015 - 11:09 | 6310845 sudzee
sudzee's picture

Italy's debt continued its relentless climb to over 2.2 trillion euros.

http://www.thelocal.it/20150714/italys-public-debt-reaches-new-record

Tue, 07/14/2015 - 12:51 | 6311307 overqualified
overqualified's picture

that is the incoming asteroid they're talking about.

Tue, 07/14/2015 - 11:27 | 6310914 GC
GC's picture

"Despite that clear mandate"

Err, no... Greeks voted no to the deal, but it was without saying that they wanted their savings to be still denominated in euros.

Tsipras might have fumbled in the worst possible way, but the pass from his back was terrible.

Tue, 07/14/2015 - 11:27 | 6310915 Bemused Observer
Bemused Observer's picture

To all the posters bitching about "socialism"...please stop it already! There's probably a name for what is going on here, but it ISN'T socialism...

This knee-jerk Pavlovian response-thing is getting very old guys, seriously, it is. How in HELL do you expect to defeat an enemy you can't even properly identify? TPTB have gotten too many of you to follow the shiny object of "socialism" so deep into dead-end corners that you don't even know where you are anymore...

Oh, there's socialism going on all right, but it ISN'T among pensioners and rank-and-file government employees...gotta look a lot higher to find all that 'socialism' you are complaining about...

Tue, 07/14/2015 - 12:51 | 6311305 libertysghost
libertysghost's picture

To be accurate it is "corporatism" or "syndicalism"...but they are "kinds of socialism" in that they are centrally planned and do include the pensioners and "rank-and-file" still, along with the elites and by varying degrees.  If you want to be accurate, this is accurate.  Saying it's not a type of socialism is disengenuous and parceling out the socialism for working class as not socialism isn't incorrect.  I'm not really arguing with you, but it seems that you did kind of the same thing you are criticizing by excluding certain groups just because you like them more (penesioners and rank and file here).

It can, and is, all of the above in the centrally planned economy that is Greece and the EURO Union (and many other corporatist nations as well, the US included...but yet to varying degrees).

Tue, 07/14/2015 - 18:47 | 6313044 skepsis101
skepsis101's picture

It is hardly a matter of "liking" one kind of socialism better than another.  If pensionsers and laborers make take make up 10% of the problem, but banksters, corporations, and oligarchic elite make up the other 90%, I HAVE NO DIFFICULTY IN DECIDING WHO TO DIRECT MY IRE AT.  The above commenters is precisely correct.  Way too much decrying here of 'the lazy socialsts deserve what's coming to them", which is a total red herring.  Think like that and you'll never rid yourself of your oppressors.

Tue, 07/14/2015 - 13:11 | 6311398 headhunt
headhunt's picture

It is really Fascism and and a mix of socialism and communism.

'Socialism' sounds warm and fuzzy and would work wonderfully - if we were ants.

Tue, 07/14/2015 - 11:29 | 6310919 mantrid
mantrid's picture

Months ago we said the following about the future of Greek politics: It is becoming increasingly clear that the Syriza show will ultimately have to be canceled in Greece

actually within months ZH has said many conflicting claims about political outcomes in Greece, including imminent Grexit.

 

nearly two-thirds of Greeks said the terms of continued EMU membership as presented by creditors were unacceptable

nope, they said terms of continued bailout was unacceptable, most of them still prefer EMU membership. now one may insist that this is long term impossible, yet it's like that at the moment. perhaps Greeks should be given more explicit question next time. the fun part is Greeks want to be in eurozone. they want to eat cookie and have a cookie. that's the type of thinking that got them into trouble in the first place.

Tue, 07/14/2015 - 12:47 | 6311279 overqualified
overqualified's picture

indeed, a decade of easy euros reduced them to spoiled brats. They want just free sh*t party and not pay sh*t like they printed drachmas. They still can't get over the fact that Euroland is not Disneyland.

Tue, 07/14/2015 - 11:30 | 6310925 I-am-not-one-of-them
I-am-not-one-of-them's picture

Greeeeek .... the sound of fingernails on a chalkboard

 

The horror!, The horror!, ....  Greece is being Congoed

 

Tsipras, call Argentina or Iceland if you haven't got a clue.

Tue, 07/14/2015 - 11:41 | 6310983 large_wooden_badger
large_wooden_badger's picture

The IMF promised everyone in the Greek parliment hookers and blow for all!

Tue, 07/14/2015 - 11:58 | 6311065 I-am-not-one-of-them
I-am-not-one-of-them's picture

Tsipras probably now has a fat Swiss bank account and a Greek Island all to his own (NATO troups have been sent to evict present occupants).

(one Island, small price to pay for the Troika, now that they have thousands)

Tue, 07/14/2015 - 11:44 | 6311006 22winmag
22winmag's picture

Another referendum that proves to be non-binding.

Tue, 07/14/2015 - 11:46 | 6311015 21centurydragon...
21centurydragonslayer's picture

Look for big swing towards the "radical" right wing in Europe after bank bail in (soon).

http://winteractionables.com/?p=22850

 

Tue, 07/14/2015 - 12:34 | 6311234 Anunnaki
Anunnaki's picture

Just like Obama cutting deals with Boehner and McConnell, Tsipras will betray his own party and work with his adversaries.

Leftist sell out

Tue, 07/14/2015 - 12:36 | 6311238 sagitarius
sagitarius's picture

Germany destroyed EU and Europe.

Nobody will trust Germany from now on. every small disctator in the remaining 27 countries can see, what wil be his fate, should he not obey the orders from Brussels and Berlin.

All 99% are pissed off by such behavior, as we can see it in the recent 6 months.

There is no reliance on the help of anzone in EU.

So what is the purpose of being a member of such club?

EU is dead. There is no point to be a member of a club, where the weak one, who needs the help, is beaten and punished.

Tue, 07/14/2015 - 13:34 | 6311505 meistergedanken
meistergedanken's picture

"There is no point to be a member of a club, where the weak  profligate one, who needs the help, is beaten and punished."

 

Fixed it for ya.  Do you always think that people shouldn't pay for their mistakes, or is that just symptomatic of a more general delusion that actions don't have consequences, and cause and effect are interchangeable?

Tue, 07/14/2015 - 15:08 | 6311866 TsyFox
TsyFox's picture

Right on Meister !!! I am shocked that this MARXIST CLAPTRAP was regurgitated by the Marxist faction of ZeroHedge.

Tue, 07/14/2015 - 19:02 | 6313125 skepsis101
skepsis101's picture

All right Meister and Tsyfox.  Enough already.  You northern Europeans are utterly blinded by your own arrogance.  I am going to repost a late night comment I made the other day Der Weisse Rose, because I want everyone of you narrow-minded, self-righteous, egomaniacs to think long and hard on the manner in which you throw your bigoted epithets and self-serving arguments around ZH. Your hasty remarks may well be your undoing.

And I say this as a person who is 3/4 German and 1/4 American.  

Repost from 7/12/15:

Dear White Rose, lest you forget, your miracle recovery was financed on the back of forgiven debt and a generous Marshall Plan.  The world decided not to repeat the terrible errors of the Versailles Treaty 30 years before, and graciously supported German reconstruction. Der Alt Stadt of Frankfurt am Main was an extraordinarally beautiful place, that is, before the Allies carpet bombed it to smithereens. Of course this was the inevitable response to the Third German Reich's utter madness, as it forged its own rough version of mercantilist hegemony throughout Europe, north, east, west, and south.  Ten years later more than forty million people were dead and entire nations lay ravaged and devastated.  

The reek of death and destruction, ruin, and collapse lay all about.  And though treasures like the Old City of Frankfurt were lost forever an repeated in many other lands, there was a far more profound loss that lay at the feet of megalomaniacal Germany and the entire world.  It was the utter destruction of the notion of civilization, of civilized humanity, of the murderous evil that still inhabited the heart of man.  

Now you must ponder Greece.  Your attacks on the Greek people echo the uniform hatred spit at the Germans after WWII.  Once again, the phenomenal work ethic of German citizens has raised up your country and brought it wealth, security, and envy.  You would do well to reconsider 1914 and 1939 again and ask if it is not now time that Germany truly rethink its role in Europe.  If Deutschland wants to be admired for its successes and accomplishments, perhaps it is time to lead not with its ledgers, efficiency, engineering, and what sometimes appear to the rest of the world as small mindedness, but instead to find a more noble route.

A Union by diktat is a fearful thought.  If Germans proceed to display to the rest of Europe and the world their worst qualities they will have utterly failed in their efforts to bring the disparate cultures of Europe together in fraternity in order to remake the continent as a place where war and fractiousness have been left behind.  Continue to flail a small country such as Greece to rack and ruin, irrespective of that nation's culpability and bad behavior, and you will destroy the very thing you cherish, a peaceful and united Europe.  

Dreaming about Charlemagne and the Holy Roman Empire is the very last notion that should enter your mind.  Mark my word, if the Germans and their northern allies do not open their eyes and look in the mirror to see what the world is witnessing today in the manner they are dealing with Greece, you will have not only have destroyed the European Union, you will set back the peace of Europe for a hundred years.

P.S. My family is from Frankfurt.  My mother was married in the Dom in 1939.  My great grandfather was the founder of the Hessische Staats Gaswerke.  I know that of which I speak.

Tue, 07/14/2015 - 19:09 | 6313164 skepsis101
skepsis101's picture

The entire debate around the Greek problem has absolutely nothing to do with socialism, marxism, communism, capitalism, or any other "ism".  It is question of naked institutional power (whether corporate, oligarchic, autocratice, national, or tribal) to force people into and indentured servitude and deprive them of self-determintation.  If you want another Roman Imperial State to rule Europe, so be it.  But at least call a spade a spade.  All the rest is lies and deciet.

Tue, 07/14/2015 - 12:41 | 6311265 bid the soldier...
bid the soldiers shoot's picture

If the Greek opposition believes this deal is 'vassalism', enough of them could abstain and let the plan fail in parliament. 

We know that the Zone must have a deal with Greece at the end of the day, so, perforce, they will continue to negotiate no matter how adamant they are that they won't.

Tue, 07/14/2015 - 12:50 | 6311300 escapeefromOZ
escapeefromOZ's picture

Tsipras opetd for kicking the can fo the debt further . Another bailout ot add to previous bailouts . It is clear that this dela with the Euro criminals it is not the solution , soon or later Greece must stop cooperating . Still no talk of returning to the Dracma or another alternative currency  ? Are they asleep in Athen ? 

There are options available ..... Start from scratch and do not pay anymore debts ! 

Tue, 07/14/2015 - 13:02 | 6311360 headhunt
headhunt's picture

"Can't we just keep printing money and laying in our hammocks...?"

Tue, 07/14/2015 - 13:03 | 6311366 Mick Shrimpton
Mick Shrimpton's picture

I'm not buying all the stories about the Greek parliament leaning toward a yes vote on the "deal".  I think we're in store for another shocker just like the referendum vote.

Tue, 07/14/2015 - 13:14 | 6311415 Zymurguy
Zymurguy's picture

So let me get this straight... the guv'mint overspends on welfare, overpromises on pensions... essentially over borrows with reckless abandon - all paid for by the middle class and other working taxpayers THEN only after it comes time to pay the fiddler the child minded politicians see no other solution but to ask the middle class and other working taxpayers to solve their problems?

This is farggin war!!!

Greece = canary in the coalmine... it'll be in every country soon.

Tue, 07/14/2015 - 13:14 | 6311416 VWAndy
VWAndy's picture

  Seems like a roadflare vigil is in order?

Tue, 07/14/2015 - 13:45 | 6311418 Joebloinvestor
Joebloinvestor's picture

Greece got it back in spades for all the shit they called the EU, Germany and everyone else who criticized Greece.

That the Greek populace thought it had elected a "leader" instead of a LYING POS, is on them.

Tsipras should be waiting tables or painting houses.

Tue, 07/14/2015 - 14:13 | 6311658 Anopheles
Anopheles's picture

Greece elected the leader they deserved. 

Tue, 07/14/2015 - 13:22 | 6311448 VWAndy
VWAndy's picture

 Go barter!

Tue, 07/14/2015 - 13:29 | 6311465 exartizo
exartizo's picture

I can't help but feel that some of the "puzzle" pieces are missing in this as far as Mr. Tsipras is concerned.

I'm not sure how he can so completely justify turning his back on his own countrymen, the people who elected him.

Is it the love of money or the fear of something else?

He's not saying.

It would be a shame if history were to portray him as one of the greatest cowards to ever live.

Tue, 07/14/2015 - 14:15 | 6311665 Anunnaki
Anunnaki's picture

So are the Greek proles just going on like this is business as usual? I'm starting not to care anymore.

This is the most heinous of all results if you ask me.

Tsipras got the worst deal possible and went against the referendum like the people just don't focking matter. How is he not backed up against the wall over this?

If the Greek Sheeple don't care, neither will I. No more stories about Greece for me

Tue, 07/14/2015 - 21:12 | 6313587 Ya-way
Ya-way's picture

Isn't Germany occupied territory?

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