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Papandreou to Cabinet: Blame The Media And 85% Is Good Enough

Tyler Durden's picture




 

Greek PM Papandreou address his cabinet this morning explaining how hard he has been working, how Greece is simply the scapegoat, how the media is to blame for the ever-decreasing circles they are running in, and how achieving 85% of what was expected of them in August was good enough.

The full transcript is below in all its glory (via Google Translate):

We all understand the gravity of the moment. We pay and other battles two years, but it certainly is a decisive battle that we in the coming days, weeks and months. And it is complex and because the situation at international level. Very easily it can be trying, for many reasons, transfer of responsibilities to Greece in our country as a kind of scapegoat for problems and failures, institutional or otherwise, or for reasons of internal political situations in other countries.

 

But on the other hand, means that we can not give the slightest pretext, we must be absolutely consistent in what we do. And it also means that a small problem can get international dimensions. Our own media contribute greatly to expand topics and create rumors, but they play abroad. But that means we need to be very careful, not only in what we say but in what we do, to move decisively to "lock" this July agreement, which laboriously succeeded.

 

This is a very big deal, which is a prerequisite to be able not only to get out of this crisis, but to go to a safer and longer development path, with many possibilities. You know, we've said many times that we have many capabilities that would be a shame not to consolidate. It is therefore of historic importance, literally, movements, decisions and our collective operation.

 

Yesterday I had the opportunity to talk with French President Nicolas Sarkozy and German Chancellor Merkel. I reiterated our unwavering decision to be entirely consistent with our commitments to all our commitments. Upon completion of the positive evaluation of the three bodies of the troika, no issue not supported by Greece in accordance with the decisions of July. On the other, of course, and they expect the review to see that indeed we have done what we should do.

 

So then, you are talking, it is advisable to negotiate a good idea to consult, to see how we implement the objectives. But those goals, however, must catch them and move as quickly as possible. Whatever the result we have, large or small, should also be viewed positively. Because it is too easy to be a nihilistic approach, which obviously the opposition grows to the fullest, but like I said, this post goes, unfortunately, the international media and creates a negative climate.

 

It is therefore imperative that the next time to move on fully drawn and disciplined manner. Like I said, every act we move our our word, positive or negative, is crucial. And any delay will emerged as mountain abroad as confirmation of weakness, as confirmation of any bias towards Greece, but also as an opportunity for each kakotheliti and speculators to hit the euro and Greece.

 

But we are not far from our goals-this is important. We are close to achieve next year primary surplus for the first time in many years.

 

And structural changes are also very important. While progressing structural changes, and bring results, the less the weights loaded the Greek citizen. Without major changes, we can reduce more costs not exploited as it should, and lost, greater transparency, to make better use of human resources, and electronic systems that help us better manage taxpayers' money. There is also trying to bring some order everywhere, including on pensions 'monkey', the disability benefits also "monkey".

 

And these issues are important because they are large amounts available. It is important for a sense of law, which calls this time the Greeks from all of us. To be able to bear the weight of the decisions we have to take, it is necessary to feel that they are fair decisions and that there is an unfair distribution of burdens or that some escape.

 

Beat So the customer system. And there, we want the public official ally, as we say. We would, however, and feel that the civil servant is rewarded actually doing a good job, but that for him who escapes from his duties or violate its obligations and the law, no reaction, there will be penalties but until now there was no control and impunity.

 

One of the current issues, then, is the disciplinary rules in Public Administration. We also, in the opposite direction, to highlight a different attitude in Public Administration and honor those who actually do their job well. This is a big reversal in Public Administration. There will, of course, resistance from several who believe that these measures are supposedly unpopular or do not know what else. By contrast, we aim precisely to defend the public interest because it has misunderstood the concept of public interest.

 

Everyone makes the manor, the his fief, as a "factor" is either an entrepreneur or living parasitically by the Greek government, either medium, whether union or a union, believing that it is no longer own this piece the state and do what he wants. The arbitrariness, this logic is. Instead, we believe as a progressive and socialist sense - not as a conservative - that all this belongs to government, society, the citizen. The government serves the people. It serves the "alpha" or "beta" factor, as high as they are. To get away from this supposedly "leftist" rhetoric that we are conservative when we put a class.

 

Place order, so we can serve the public interest. What else is more progressive and socialist, but to consolidate the logic of public interest, public interest, that no one can plunder and appropriated, the public power and wealth.

 

Part of the structural changes are also mergers organizations. The Ministry of Rural Development will present today some of these measures. We have the draft laws on changes in the new structure of state television to protect the environment, and transport differences of European Union directives into Greek law. I stress again that it is critical, the next time, each ministry to make a serious programming.We will have the opportunity to see together the new priorities.

 

I can say that in 85%, the priorities we had put in August were implemented. This is a good rate. You see, because the remaining 15% had difficulties, some were biased. But to put such short-term goals is very important because we also have a direct orientation. We do, however, and a broader plan for the coming months to organize the best moves ahead. Good job.

 

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Thu, 09/15/2011 - 11:47 | 1673570 treemagnet
treemagnet's picture

I think Tyler is a writer for SNL cause he just keeps coming up with better and better ideas for scits and bits.

Thu, 09/15/2011 - 13:22 | 1673921 SeverinSlade
SeverinSlade's picture

"I think Tyler is a [retired] writer for SNL cause he just keeps coming up with better and better ideas for scits and bits."

Fixed that for you.  Tyler is far too funny to be a current employee of SNL. 

Thu, 09/15/2011 - 13:32 | 1673974 NotApplicable
NotApplicable's picture

I've always been fascinated that over the years, SNL is only ever considered funny in the past, never the present.

It makes one wonder if it was ever really funny at all. I can remember all the way back in the 70's tiring of the same old recurring characters with a single joke, and wondering why can't they think of anything new.

Cheeseburger, cheeseburger, cheeseburger, coke... (You know the rest.)

Thu, 09/15/2011 - 11:48 | 1673577 vegas
vegas's picture

G-Pap; go get some oozo and gyros and you will feel better

Thu, 09/15/2011 - 13:58 | 1674080 MS7
MS7's picture

More like a BigMac and some beer. His mom is American, he was born in MN, and he went to Amherst. But most importantly he is working for non-Greeks, as in the IMF (USA) and the EC and the ECB.

Thu, 09/15/2011 - 11:49 | 1673581 nomad
nomad's picture

he must be out of his fuckin mind!!! troika is gettin nuts cause he didnt accomplish anythin other than heavy taxing!! privatisations are still nowhere to be seen and he says 85% completed , i mean WTF!!!

Thu, 09/15/2011 - 13:15 | 1673883 destiny
Thu, 09/15/2011 - 11:49 | 1673582 Careless Whisper
Careless Whisper's picture

the BLS would've just rounded that 85% up a little

Thu, 09/15/2011 - 11:50 | 1673585 tonyw
tonyw's picture

Would 85% be good enough for his heart?

Thu, 09/15/2011 - 11:56 | 1673616 Josh Randall
Josh Randall's picture

85% good enough for Greece ?  Huh..I guarantee he'll never be a member of Bushwood

Thu, 09/15/2011 - 11:59 | 1673627 Azannoth
Azannoth's picture

Doctor - Mr. G-Pap we have just completed your heart transplant congratulations !

G-Pap - yes but it feels a little bit strange?

Doctr - uh oh well it's only 85% complete because me and the nurses decided we want to go to the beach and have a party,

          btw. we took the blood of a African immigrant for your transfusion so you might want to check your self for AIDS just to make sure

 

Thu, 09/15/2011 - 12:14 | 1673685 JohnG
JohnG's picture

Sudden nurse strike.

Thu, 09/15/2011 - 12:18 | 1673703 NotApplicable
NotApplicable's picture

So, 85%, huh? Is that measuring ideas, or the number of words expressing them? If words, then well, I can see this number approaching 99% without anything further being implemented, but merely restated.

I should've been a sophist. This shit's just too easy.

Thu, 09/15/2011 - 11:51 | 1673590 Dick Darlington
Dick Darlington's picture

Greece, a God's gift to the banksters.

Thu, 09/15/2011 - 11:53 | 1673591 Ratscam
Ratscam's picture

As a kid I approached his father for an autograph.
Kids sometimes do stupendously stupid things

Thu, 09/15/2011 - 11:52 | 1673595 spiral_eyes
spiral_eyes's picture

I blame Papandreou.

Thu, 09/15/2011 - 11:52 | 1673596 Zola
Zola's picture

When do we start to give the crooks the payback they deserve ?

Thu, 09/15/2011 - 11:56 | 1673617 baby_BLYTHE
baby_BLYTHE's picture

A closed fist is a powerful thing

Thu, 09/15/2011 - 12:38 | 1673765 LeBalance
LeBalance's picture

non-interaction is more powerful.

punching tends to hurt your hand.

Thu, 09/15/2011 - 11:53 | 1673602 kahunabear
kahunabear's picture

What about the evil shorts? Oh yeah, I think they outlawed that.

Thu, 09/15/2011 - 11:54 | 1673604 buzzsaw99
buzzsaw99's picture

kakotheliti?

I don't like the sound of that.

Thu, 09/15/2011 - 11:54 | 1673605 carbonmutant
carbonmutant's picture

Did Merkozy tell Papandreou that 85% was good enough?

Thu, 09/15/2011 - 11:55 | 1673606 Cognitive Dissonance
Cognitive Dissonance's picture

So it wasn't the 85% that were biased towards insanity that's the issue. It was the 15% biased towards sanity that's the problem here.

"I see," said the blind man. "I see."

Thu, 09/15/2011 - 12:00 | 1673632 Max Hunter
Max Hunter's picture

Hey CD.. If you are not aware, the new Architects and Engineers for 911 truth video is out..  Quite compelling.  I'm wondering how many open minds we have and who has the ability to see this tragedy for what it really is and what is has caused.

http://www.youtube.com/watch?v=lw-jzCfa4eQ

At the end, they discuss cognitive dissonance that prevents the masses from challenging the official story.

Thu, 09/15/2011 - 12:00 | 1673634 nevadan
nevadan's picture

For another trip into the twilight zone, this on today's Debka

http://debka.com/article/21301/

Just when your creditors have bent over backwards to fund the bills, get into a scrape with your neighbors?  I'd say they are insane alright!

Thu, 09/15/2011 - 12:20 | 1673711 NotApplicable
NotApplicable's picture

Well, if that don't beat all.

Thu, 09/15/2011 - 11:56 | 1673612 Segestan
Segestan's picture

It seems G-Pap just doesn't understand... people just want a system that actually works, Not one that has failed. This won't end good.

Thu, 09/15/2011 - 11:59 | 1673629 for shizzle my ...
for shizzle my nizzle's picture

Talk about a G-Pap-smear............Leo can fix it....Greek solar stocks............start a restaurant...........who is wearing the tennis shoes now?????

Thu, 09/15/2011 - 12:18 | 1673702 V in PA
V in PA's picture

...not settin' up the chairs next time... not settin' up the chairs next time!

Yeeaaaaaaauuuhhhh!!!!

Thu, 09/15/2011 - 11:59 | 1673631 carbonmutant
carbonmutant's picture

Leaders who fail. often tell their constituents "We're all in this together"

Thu, 09/15/2011 - 12:15 | 1673692 TrulyBelieving
TrulyBelieving's picture

That can't be true, Obama has told us many times that we are 'all in this together'.  sarc

Thu, 09/15/2011 - 12:03 | 1673649 V in PA
V in PA's picture

Famous last words: Fuck it! Thats (85%) good enough!

Thu, 09/15/2011 - 12:11 | 1673676 oogs66
oogs66's picture

ubs said their risk management systems work 85% of the time :)

Thu, 09/15/2011 - 12:14 | 1673684 RemiG2010
RemiG2010's picture

... but only on Saturdays and Sundays! In the week it drops to 8.5%.

Thu, 09/15/2011 - 12:10 | 1673674 RemiG2010
RemiG2010's picture

Papandreou to Cabinet: I Blame Zero Hedge and Folks Behind Tyler Durden! Say what?!

Thu, 09/15/2011 - 12:11 | 1673678 Everybodys All ...
Everybodys All American's picture

85% is less than what they pay on their one year note!

Thu, 09/15/2011 - 12:15 | 1673693 skistroni
skistroni's picture

Actually, the remaining 15% are:

1. Cutting government spending

2. Privatization of government enterprises (aka fire sale)

3. Increasing state income through taxing

4. Getting rid of 200,000 redundant state workers

5. Encouraging new business investments and enterpreneurship

6. Recapitalising banks through forced mergers and acquisitions

7. Eliminating almost 150,000 fake "disabled persons" retirement plans (given to them at age 30 and up)

8. Eliminating public sector corruption and bureaucracy

9. And a few other similar minor things

If you're wondering what was the 85% achieved, so am I.

Thu, 09/15/2011 - 12:46 | 1673785 agent default
agent default's picture

10. Make a bundle off the Greek CDSs his brother has been trading in Switzerland:

+85%

Done.

Thu, 09/15/2011 - 12:59 | 1673829 skistroni
skistroni's picture

True.

But maybe not only CDS. (Buying them in 2009 and reselling in summer 2011 - a 1,000% profit)

Shorting Greece's 10-yr bonds back in 2009 would have yielded about 500% today !!!!

Maybe we can excuse their inability to do anything productive in the government, if we take into account that they're so dumbfounded all day long by the stupendous amount of money they made, and the worst is they can't tell anyone about it!!!! 

Thu, 09/15/2011 - 14:18 | 1674129 agent default
agent default's picture

You do realize that this is insider dealing to the nth degree right?

Zerohedge should feature an article about this.  I think the company name is I4CENSE (Institute for Climate and Energy Security). Nice cover name though.

Thu, 09/15/2011 - 13:12 | 1673862 Herman Strandsc...
Herman Strandschnecke's picture

11. Deal with the monkees. Get it sorted. Now! Fooking car wreckers.

Edit. Monkeys. Sorry Davey.

Thu, 09/15/2011 - 12:22 | 1673719 Blegoo
Blegoo's picture

Flush the poor POS already

Thu, 09/15/2011 - 12:36 | 1673754 Lord Welligton
Lord Welligton's picture

Instead, we believe as a progressive and socialist sense - not as a conservative - that all this belongs to government, society, the citizen.

 

Thus spoke The Oligarch International Socialist.

Thu, 09/15/2011 - 12:39 | 1673767 QuietCorday
QuietCorday's picture

Sounds like G-Pap has just declared war on the Greek public sector.

Cor, this is going to be well interesting. Time for the pistachios, methinks.

Thu, 09/15/2011 - 12:55 | 1673815 agent default
agent default's picture

Actually he has declared war to Greece.

Thu, 09/15/2011 - 13:56 | 1674072 MS7
MS7's picture

I agree with Agent Default-- he declared war on Greece pretty much as soon as he was elected.

As I understand it, the reason people outside Greece do not realize how much he has decreased the standard of living of poor and middle class Greeks is because the government still seems to be spending a lot despite the severity of cuts to pensions, salaries, jobs, etc. Why? Again, as I understand it, this is because G-Pap and his party are shoveling money to party supporters.

Thu, 09/15/2011 - 12:55 | 1673814 americanspirit
americanspirit's picture

The real reason that G-Pap isn't worried about revenues anymore is because he just cut a sweet deal with Israel to rent out Greek Air Force bases to the Israeli Air Force so it can jump the Turkish fleet from the rear ( and we know how nasty things can get when you're jumped from the rear)

Thu, 09/15/2011 - 12:58 | 1673825 jon
jon's picture

CURRICULUM VITAE

- born in st. paul, minnesota

- went to greece, printed money

- ruined the entire eurozone

Thu, 09/15/2011 - 14:34 | 1674186 edotabin
edotabin's picture

Understudy of his father.  He had the true Doctorate degree in screwing shit up.

Thu, 09/15/2011 - 13:33 | 1673976 SeverinSlade
SeverinSlade's picture

I think G-Pap needs a pap smear.  He clearly has sand in his vagina.

Thu, 09/15/2011 - 13:46 | 1674037 Reptil
Reptil's picture

We are close to achieve next year primary surplus for the first time in many years.

BWHAHAHA!

Thu, 09/15/2011 - 15:28 | 1674337 pantheo
pantheo's picture

G Pap's passport name is Jeffrey, he carries an american passport and soon will be helicoptered - in a true sense and not like Bennie - going on air prime time trying to convince international and his own people about the sanctuary of doing the right thing....fucking borring, light a doobie aderfia, and wait for SNP'S 1240-60 to short them all again, through sds,fas,eev,epv,cfd's whatever the fuck will be bring these algos down:-)

Thu, 09/15/2011 - 17:41 | 1674952 Scalaris
Scalaris's picture

 

 

  • obliterate 85% of middle class: check
  • increase socieoeconomic underclass by 85%: check
  • remove any and every purchasing or saving power from citizens: check
  • strangulate the economy: check
  • tranfer wealth to banking oligarchs: pending . . . 
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