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G-Pap Wins Vote Of Confidence 153-145
And so G-Pap manages to fool everyone once again, and will now usurp power either directly or via his puppet Venizelos.
A brief summary from The Guardian, which conveys the point of view of Veni, who naturally thinks he is next in line.
From Evangelos Venizelos's aide.
"It's a done deal" the aide says. Papandreou will step aside to make way for Venizelos.
"Papandreou will propose that Venizelos becomes prime minister and he will go home."
The new Pasok-dominated government will join forces with smaller parties in the 300-seat parliament.
"In unofficial talks they have agreed to do this and the new government will have a majority of 180 seats," the aide said. "The conservative New Democracy party has made clear that they don't want to collaborate so we will do it this way."
Must emphasise that the word "unofficial" in that quote. Not least because the aide was speaking as voting continued - but it appears that Papandreou is heading for victory....
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As long as a tax cheat is in charge of the IRS, G-Pap shall be in charge of the country that invented democray.
You mean just like the Corporatocracy avoids US Federal taxes via the nonfeasance of Congress?
Don't you mean malfeasance?
The groups that create tax code are prima facie tax free (501c) so they cant conduct malfeasance when all we really want to do is create nonfeasance.
Rough stuff to understand, but somebody will make a TV network for it.
So, the Greek pols nixed the referendum? This should be a good lesson for all those willing to trade their liberty for some security and comfort. Now the Greek people don't even get to choose how they will be screwed.
Choice #1: Leave the EU and default.....IOW-take it in the arse quickly, get it over with and start over.
Choice #2 (This is the one chosen for them by their bought and paid for fearless leaders): Capitulate to the EU demands, keep borrowing money to infinity to paper over deficits until you lose your sovereignty.........IOW-Bend over and get bumjugged for eternity.
This type of 'choice' is coming to our shores and has already taken place to some extent.....remember the bailout plan that about 80% of the people were against? How did that trading liberty for some security and comfort work out?
Choice #3. They will still have their beaches. They will still have a small (mostly depleted) fishery. They will still have year round freeze free ports. In the game of Real Estate, location is everything. There is a reason the Nords want collateral to contribute. There is a reason Merkozi cant do crap about G-Pap. Sarc is a frog, and merkel is the scorpion. And there is a reason POTUS did not "put a stop" to "timmay Jr." when he was there.
To your question: when it comes to the USA's shores it will play out exactly the same, as reported on ZH. "Oakland mayor allows city workers to participate in a protest shutting down ocean port. Police Deployed"
Even if ALL Greece's debt were forgiven, they would have to start borrowing again the very next day because they spend more than they take in. The Germans should listen to their taxpayers and get rid of these fucking clowns, at least until they understand how to run a modern state, including how to implement the collection of taxes. The US only gets away with its own profligacy by manufacturing printing presses and helicopters for Bennie. Drachmas could be printed at will, albeit not worth very much. At least then it is just Greeks screwing other Greeks, not the hard working Northern Europeans who are sick of this shit.
Regarding Pap-smear's latest "Victory" and gestures to Europe, remember the old saying "Beware a Greek bearing gifts".
Right, and china will loan them the money they will start borrowing March 1, 2012. It will be a smooth transition from china providing humanitarian aid upto Feb 28. Cause the europeans would not give them any 'till the bailout package was accepted. What Europeans do not understand is how democracy works, and this is all good and proper.
Nobody is going to starve. Not the Greeks, Not the northerners, not the chinese.
His paternal grandfather, the elder George Papandreou, was 3 times Prime Minister of Greece.
He was born George Jeffrey Papandreou in Saint Paul, Minnesota, United States, where his father, Andreas Papandreou, held a university post. His mother is American-born Margaret Papandreou, née Chant. He has a Bachelor of Arts degree in sociology from Amherst and a ?aster's degree in sociology from the London School of Economics. (bankster sympathizer)
nobody is going to starve, but Papandreou dynasty is going to have a feast for another decade.
US is not that different:
BUSH
CLINTON
BUSH
BUSH
OBAMA/CLINTON
See a pattern? BUSH/CLINTON dynasties for nearly 3 decades. Entrenched power leads to corruption.
This is a positive development. The market is going to soar next week, right?
Uh...this is exactly what the market did NOT want to happen.
why? could you explain? thanks
The uncertainty continues. GPaps brought the market the "referendum". Pure democracy without concern for bankers. Ghast!
Gpaps is an operator. The Street will not have a fix on his next move. The story floated all day was that the radicals in the party were going to throw him out and take the bailout. Now what? No one knows.
thanks. who likes soap opera?
I hate soap opera. Please stop the world. I want to get off.
It's not a soap opera. It's a soup sandwich. To be eaten with a bureaucrat's favorite utensil: a football bat.
drama to distract from the real tyranny.....American puppet.
His paternal grandfather, the elder George Papandreou, was 3 times Prime Minister of Greece.
He was born George Jeffrey Papandreou in Saint Paul, Minnesota, United States, where his father, Andreas Papandreou, held a university post. His mother is American-born Margaret Papandreou, née Chant. He has a Bachelor of Arts degree in sociology from Amherst and a ?aster's degree in sociology from the London School of Economics. (bankster sympathizer)
thanks. who likes soap opera?
Love soap operas! And Spagetti Westerns!
There is no "bail out." Same thing in America. This idea of bailouts is BS,.
I do think it is a good buying opportunity for Groupon.
Here is why:
Greek media sees some coalition chances between PASOK, LAOS and Bakoyannis (neo-liberal) parties but together they don’t get 180 votes as the govern said that the loan-agreement need to pass with 180 votes.
Samaras reportedly said YES to loan agreement but that he will not vote for loss of sovereignty.
...
Antonis Samaras (ND) ” The masks have fallen. Papandreou rejected our proposal. He took huge responsibility. Only solution …. elections”
http://www.keeptalkinggreece.com/2011/11/04/greece-papandreou-confidence...
actually this is the ideal result as far as markets ar concerned. there will be no referendum, the coalition that will vote for austerity without renegotiating the bailout just got much larger, and the party that does want to renegotiate the bailout is left out of the whole thing.
these are all short term positives against a terrible backdrop, but what else does the market trade on these days.
that being said we still have another 60 hours until markets open, so plenty of crazy things can happen between now and then.
Bravo Mr. Pap, well played. Way to get the opposition to agree to your bailout when you threaten to pull the rug out from underneath it. Well played indeed!!!
Wouldn't real leadership actually DEAL with the debt problem than play politics?
Absolutely! What's the problem?
Yes I tend to agree.. this make it more certain that the bailout pill will be swallowed, now with a wider majority..
delete
Welcome back from vacation, how was your trip?
Rats.
GPap is so retarded he said that if there were elections it would destroy Greece's RECOVERY! Sounds like Hitler... I have to stay in power because we're in a crisis.
Hitler made sense every now and then.
Very efficient, who needs election?
veni is the ultimate kiss *ss....he would lick merkozy's b*lls...if they had any
I think we can handle seeing ass and balls in text you prude.
Another Greek lie. They didn´t invent democrazy. Just the word.
LOL the commentator says that this vote regave legitimacy to the government... GIVE ME A BREAK. Elected ``representatives`` have ignored the will of the people for months. They are not legitimate.
So then have fascism, haven´t we? A unity government in charge, no chance for the people to respond to this new parliamentary situation, the military, new and refurbished to boot, presumably fine with this and all of it to satisfy bankers?
Let them default, toss them out of the Euro, but not this...
Yay! So Greece is all fine now right?
Completely! This totally solves all of the structural imbalances in the EU, and Italian debt will now trade at parity with U.S. debt. Problems totally solved.
/Sarc, obviously.
Indeed. A new era of eternal prosperity and welfare has just begun for Greece. Competitive, sustainable industries are about to pop up on Greek soil en masse, and put the fear of God into the whole solar system. To the U.S. in the first place, of course.
Timmy will bring the word of turbo tax to them, since POTUS failed.
turbo tax is for tax paying suckers. Greeks already hide from paying taxes.
That was good for 1.5 ES points. Still short. They can 't fix this
150 by Monday. You can't fix stupid, either.
veni vidi vici
show's over, everybody go home now.
show will resume on Monday.
I don't care if I'm ever elected again : Papandreou.... I WILL BANKRUPT THIS NATION!
From the telegraph:
Despite rumours of possible defection of government MPs - that would have led to a government collapse - all potential Pasok defectors voted 'yes' and majority was secured by two extra independent MP vote.
Greek media analysis has centred around the general dismay at the refusal of cooperation between the government and the opposition party New Democracy. Leader of opposition Samaras categorically rejected all proposals for a coalition government and demanded a general election, walking out of parliament. Critics cite this move as 'ruling suicide'. As a result the exact nature of the interim government remains unclear and will be debated throughout the weekend.
Negotiations in Parliament will continue on Monday.
Just as was predicted in "The Mouse that Roared":
http://www.youtube.com/watch?feature=player_detailpage&v=4g6p19zud1g
i see elevated ratings here. let's not prejudge.
just like last week on friday .. the good news hail mairy pass.
G-pop should hang with flavor flave! Ya BoooOoY!
Or Hairy Mary
Its friday .. how about a dubble boddly Mary
G-Pap.. sorry peeps Its friday .. dont scotch and text
Or VO
How does austerity help the Banks or the Global Corps. Seems like we now are getting to a battle between the banks and Global Multinationals. If we take austerity to pay banks interest and avoid default, there is no money for ipads??
This Greek thing is just the gift that keeps on giving.
I thought this was G-spot...damn wrong website...my apologies
and they called John Gotti 'Teflon Don' ...GPap has this guy beat ;)
Good to know there will be a unified greek effort in continued spending way beyond the greek means.........
Can't the Greeks do something useful like convince Jennifer Aniston it's time for a quality well lit nude scene? She over 40 people - we're out of time. Make it happen Papandreou - we have confidence in you!
He's not stepping down, I can bet money on that.
Ever politician who voted with G Pap will get an island of their choice, courtsey, Goldman and JP Morgan. Greek politicians can be bought very cheap.
Is Greece now solvent? All of this noise is the desperate maneuvers of a bankrupt country done to distract from the truth. In reality, Greece has been bankrupt for 2 years, whether declared or not. Now the hole they are digging has just gotten bigger and when they finally fall in it will pull in Europe and probably the entire planet. That's a great job of governing there G-Pap.
MFG management springs to mind.....as being fast tracked to the same goal...only benefits going to the 1%
Venizelos is Greece's Nancy Pelosi, seriously he is that bad. The people will be outraged at this.
Sure, just like SF hates Pelousy.
So, will the masses chase him around while Yakety Sax plays in the background?
The Greeks are incapable of governing themselves.. watch for the tanks to start rolling in.. It's gonna get ugly.
Next weeks headline, confident Greeks default on their votes.
No referendum, no vote of disconfidence and now the formation of a Greek national unity government. Told you sooooo. No crisis or Armageddon. How much more boring could the outcome be, after all the panic of this week?
Not quite as boring as your continued trolling.
Pat Webb: Ol' Don's as useless as tits on a boar.
gpap won a votre of confidence? well no shit.......
Maybe this is the Greek way, saving face and all, but I wouldn't do it this way. What assurances do they hace that GPap will step down? When your opponent is on the ropes, you finish him. Glenn Close anyone?
Remember? "No referendum". Easiest call I ever made.
Seriously now, did anybody think there was actually going to be one?
As for the deal re giving up power (to rotund Venizelos, no less), that may come to pass but don't be too sure. G-Pap will certainly try to come up with some reason or manufacture some complication to postpone the whole thing. Short run; but we know about the long one.
http://www.youtube.com/watch?v=T0k_e6L1pbw&feature=related
Politics is just entertainment. Period. Gives people something to talk about while the slaughterhouse is being prepared. Nicely summarized by this image: http://abstrusegoose.com/183
The crowd sums it up nicely:
http://www.youtube.com/watch?feature=player_detailpage&v=cCsoc8QYTf8
Exclusive: Greek Prime Minister George Papandreou has struck a deal with ministers to step down and hand power to a negotiated coalition government if they help him win a confidence vote on Friday, government sources with knowledge of a cabinet meeting said.
by Stephanie Ditta 11/3/2011 8:08:27 PM 3:08 PM http://live.reuters.com/Event/Euro_zone_debt_crisis
According to reports out last night, which cited government sources, Greek Prime Minister George Papandreou had struck a deal with ministers to step down and hand power to a negotiated coalition government in exchange for help in winning a confidence vote on Friday.
Prospects for a Greek coalition government diminish?, 4 November 2011, London (Sharecast) http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=4818175
Greece begins talks on emergency gov’t
He said the new government would be in power "until the end of February" when details on the EU bailout package are expected to be completed "so they can be submitted to the electoral inspection of the Greek people."
Somebody better put Krugman on a plane to Greece. We need Nobel caliber people on this.
Help me I am drowning in bull shit!
When will it end? Need Vicodin, now.
But, really how much longer CAN this go on before the people erupt? Or the eurozone collapses under the weight of all the debt? I get the feeling that Greece and G-Pap will still be around cleverly manipulating the system and milking the others in the EMU when Germany or Finland finally pulls the plug on their membership. But, after looking at the CME margin story I wonder if any of it can go on past next Wednesday.
Funny but I was never very sympathetic toward the Trojans till recently.
G-Pap knows his Greece like the back of his hand. His referendum false flag got the desired result for the Oligarchs, scaring the shit out of the recalcitrant right, Ron Paul type isolationists, who wanted to bring him down at low cost; the 'Let us go back to drachma' crowd, who sing 'We don't like Frau Gauleiter Merkel' to appease populist angst; something the world Oligarchs don't want as it starts the dreaded domino collapse of CONTAGION. As G-Pap is their man on the job of the grand Euro plan. To kick the can beyond 2012 and get elected their political shills on both sides of the pond. And then install QE3 to infinity in the context of currency wars to bring hyperinflation in through the global window and let democracy die through the phony revolving door of corrupt crony governance.
Only immediate side effect of this clutch, desperate play : it torpedoed Sarkozy's G20 Can-Can comedy del arte; but that's a small price in the great scheme of things. If G-Pap gets sacrificed on bonfire of Greek ire, but it prevents anarchy from claiming the streets of Athens, so be it. He'll have served his purpose and maybe earned a good retirement bonus. Now we're back on track and the only real concern is the four words that scare the shits out of the World Oligarchy and the levitated markets : Italy (Berlusconi) holds the keys!
So next step in global plan : Berlu has to go! Wait for it as they maneuver to oust him; taint him with his venial sin like DSK; 'Bunga bunga kid you gotta burn and let the technocrats take over the Italian internal reset.' Thats the new tune in Euroland.
As for the markets : they can just suck it, they are so broken they'd suck anything!
The only thing that kills an Oligarch is his own hubris and its inevitable boomerang effect when hubristic, fiat bloated, off shore moored thieves fall out in market/political mayhem, race to bottom, that then keels over their flagships. Play on House of Atreus! You're debt laden silken garments of power are in tatters behind its magnificent ponzi facade.
And here is the list of the TBTF bank vehicles that feed the Oligarchy flagships and are the core of what the Oligarchs must protect to save their ponzi world :
REVEALED: The 29 Global Megabanks That Are Systemically Important And Too Big To Fail
Read more: http://www.businessinsider.com/#ixzz1cpNOFJnN
a new Greco-Roman period is about to begin.
Greece is giving the first warning shots and the Italy will go in for the kill.
It gonna blow up, real good!
After the debt jubilee, historians will begin to reassess the disaster, and
thank Greece and Italy.
So , anybody who now hates Greece and Italy for 'damaging their economy',
I have to say
'you're idiots'
'go back to your TVs'
'it's a banking crisis' and
'kiss my rass'.
Reality avoided for another week or two...again...