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THE GREEK PEOPLE GIVE THE "MOUTZA" TO EU BANKSTER SCUM!

2K views 33 replies 17 participants last post by  Genking48 
#1 ·
THE GREEK PEOPLE GIVE THE “MOUTZA” TO EU BANKSTER SCUM

Despite unbelievable outside pressure and threats, the Greek people voted overwhelmingly to tell the greedy EU banksters to go fuck themselves! Hopefully, the Greek people can stay strong in the coming weeks and months in the face of economic hardship and very possible attempts to instigate a regime change by Brussels and its Washington ally.

The road to freeing itself from EU slavery and regaining its sovereignty is not going to be easy. Good luck to the Greek people!

- Mike



The Greek people take to the streets and celebrate what is, hopefully, the first step out of EU slavery and the regaining of Greece's sovereignty.

NY TIMES
DealBook
Morning Agenda: Greece Votes ‘No’

By Dealbook July 6, 2015



GREECE VOTES ‘NO’ | Greeks celebrated Sunday night as the results of the referendum on the now-defunct bailout offer showed that more than 60 percent of voters rejected the European creditors’ terms, Suzanne Daley of The New York Times writes. The rest of the world was wary, unsure of what came next, but no panic was seen in the markets. Stocks in Asia and Europe fell on Monday, as did the euro, but the losses were moderate, Keith Bradsher and David Jolly write in The New York Times. The yield on Spanish, Italian and Portuguese bonds rose, but, as Mr. Jolly noted in a tweet, there was “no blowout.”
 
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#12 ·
Jesus, Batko, can you show at least some objectivity? You never even mention how Greece got itself irretrievably into debt in the first place. No, it's just "greedy EU banksters" and "economic hardship". No mention of the wildly unsustainable government spending that dug the hole in the first place. Everything is always the fault of some external enemy, surely. You drink too deep from the well of propaganda.

- Mike
 
#15 ·
The vote isn't really about refusing to pay debts, but refusing abusive blackmail over them, especially when your country went through a dozen of austerity reforms.

And yes, the EU gave them money knowing they couldn't pay in the future, that's what they do to ensure submissive and guilty governments will accept unfair and unpopular treaties like TTIP even if the population stands against it.
 
#21 · (Edited)
The general public has no clue on how national debt works

Their only frame of reference is personal debt which is extremely different

People go to college for close to a decade to learn the ends and outs of the field and they are leaving the choice up to the average person, many of which openly supported a group that openly supports "purging non-greeks from their nation"

The general population has democratically chosen to do some of the worst things in history

A majority of dictators and genocides had general public support at their inception
 
#30 ·
The whole mess became an unavoidable collision between two thoroughly corrupt entities, the European Union and the Greek government. Of course let us leave aside the entirely ruinous concept of an "universal currency" for nations as disparate as Germany and Greece, a most humorous and ill-fated idea. In his essay from earlier this year, "The E.U. Experiment Has Failed," the Hoover Institution's Bruce Thornton argues that the "E.U. dream" has perished. It is not difficult to see why.

In 2013 Europe grew by a mere 1.0 percent while the U.S. experienced 2.2 percent growth. Granted, unemployment numbers are constantly dubious at best to follow in a vacuum, but in January American unemployment was at 5.6 percent, whereas in Europe it was 11.4 percent. The labor force in America has been coasting at approximately 62-63 percent now for a couple of years; in Europe it is right at 57.5 percent and likely to drop. Many Europeans are incensed over the "austerity" of a German-led program and not without at least some sentimental merit (though much of the anger comes in the form of ill-informed whining about cuts to pension plans and the like). The government share of Europe's entire GDP has climbed 4.0 percent from the end of 2008 to today, 45.0 to 49.0 percent. In Greece today it is at 59.4 percent.

The Greeks are an incredible people, who have given the world philosophy, but also democracy and its close cousin demagoguery. Much of Greece's modern tragedy (another Greek invention!) arose from the 1967 military coup which saw the dissolution of a rather benign if of course quite flawed monarchical state. The military junta ruled for seven years, until the summer of 1974 which saw the Turks seized the northern region of Cyprus. A plebiscite was run, and King Constantine saw his rule ended as well. The beneficiaries of this "democracy" were chiefly Andreas Papandreou and Constantine Karamanlis. They launched their own parties, with Papandreou birthing "PASOK" and Karamanlis controlling "New Democracy." Papandreou was moderately leftist, Karamanlis was moderately rightist. Naturally both men became fabulously wealthy through the graft and corruption of the democratic system, utilizing the patronage system to enrich themselves and their friends.

Karamanlis envisioned the entry of Greece into the then "European Economic Community," or EEC. Its entry to the union occurred on January 1, 1981. As @stevefox1200 was noting, back then Greece's greatest exports were not so different from what they are today: nuts, fruits, olives. In 1981 Papandreou took over and installed what all leftists seek: a permanent core constituency of voters, bribed to vote for their master with the largesse of government. By 1983 24.3 percent of Greeks were working for the Greek state. The pension system was thoroughly manipulated by Papandreou and his cronies so as to ensure that this nearly-quarter-of-the-nation-sized group of voters would gleefully return to the polls time and time again to keep their inflated pensions--the totalities of which were more in line with a country like Germany--coming. Numerous industries were nationalized while Papandreou siphoned off disproportionate funds from the EEC.

Karamanlis and Papandreou were respectively succeeded by their nephew and son (hey, how can Americans scoff at that when the Clinton and Bush families enjoy a near-stranglehold on White House aspirations today?). We all witnessed the propaganda of both Greece and the European Union with the 2004 Olympics, which were designed, in part, to announce the "arrival" of Greece as a dazzling nation, with money almost falling from the skies. It was, like most political theatre through the ages, built upon lies and deceit. Greece was at the time a financial powder keg waiting to explode, its national books so thoroughly cooked by those working on behalf of the Kara-Papa axis of demagogues, as Greeks enjoyed paying nearly no taxes and the European Union kept paying the bill.

Let there be no mistake: Alexis Tsipras and Yanis Varoufakis, like gangsters in the third act of a Hollywood movie, have a lot for which to answer.

Yet so too do the woefully irresponsible bureaucrats of Brussels.

As Ambrose Evans-Pritchard writes concerning the Greek answer of "No,"...

The shock result effectively calls the bluff of eurozone leaders and the heads of the European Commission and Parliament, forcing them either to back down or carry out drastic threats to eject Greece from monetary union.
What we see here is the presentation of a crossroads. Eurozone leaders may back down and see the rise of similar populist rebellions among a host of other states. On the other hands if they seek to eject Greece from the union altogether, the issue will only be handed down to the next "poor actor" in the hubristic union by the power of markets. As Evans-Pritchard continues,

The EU's leadership was in utter confusion as it became clear during the day that support was swinging back to the "No" camp, despite blanket coverage from the private TV stations warning that a "No" meant Armageddon.
The rippling effect of this fiasco may indeed reach the Euro bureaucrats themselves and how delightful that would be! For example, Martin Schulz, head of the European Parliament, was continuously arguing that a "No" vote, as recently as one day ago, meant that Greece would have to be pushed out from the euro but hour by hour his stand is becoming increasingly isolated. Jean-Claude Juncker, the European Commission's chief, is likewise ensnared by his own excessive braggadocio by way of rhetoric after issuing a stern warning that a vote by the Greeks on behalf of "No" would represent nothing less than an utter rejection of Europe and therefore would spawn ruinous results.

These individuals believed that Tsipras and several other Syriza leaders in Greece would face the wrath of their constituents. Might the Eurozone leaders instead be knocked down from their lofty perches? Mayhap.

More than likely, though, another corrupt "compromise" will be exercised for the Eurozone bureaucrats knew what they were doing here all along. Much as the George W. Bush-spearheaded drive to spur "home ownership" for persons who did not possess the financial wherewithal or means to properly own homes on their own ineluctably led to the housing bubble the Eurozone's bed today was made by itself long ago, and, consequently, one cannot feel any genuine sympathy for them, either. They have played both sides against the middle and scammed everyone as well. Oh, well. This is politics. Always, always expect the worst in that arena, and you will come at least reasonably close to how rotten it truly is.
 
#19 · (Edited)
Greece has a lower GDP than the state of Wisconsin and makes a majority of its money through cotton and pistachio exports and tourism

They have hatred for the rest of Europe and feel that they are being "taken advantage of" when someone buys off the debt off their broke ass and are one of the few nations have a racist nationalist party that has legit government power and pull

Good luck trying to solo an entire nation with complete government sponsored retirement on that

Still like a gyro now and then though

Edit: the finical advisory to Greece has quit in protest and they have closed all their banks in fear of a bank run
You should not leave this type of choice up to a bullheaded public who thinks that the rest of Europe is "out to ruin them"
 
#20 ·
It'll endup an autocratic Government or are they already at that stage now? Either way 'democracy' loses out to EU's means of political self-destruction of countries, Greece have been shafted and for those who discount how the Greeks reacting with NO vote etc would be no different a public reaction if this event transpired in a US state or any other EU country; EU knew Greece had a piss-poor economy and a minimal resource export that relies heavily on Tourism even resorting in previous years to selling smaller islands to appease the ever-building debt so how is it possible to be resolved when it's essentially a large-scale loanshark operation designed to never be repaid much like USA's relationship with their Federal reserve.
 
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#6 ·
Same. Well, I mean, any self respecting person who wants to be taken seriously doesn't randomly insult at those that they don't like/agree with.

Like, OMG DIRTY AMERICAN SCUM BASTARD PIGS BEAT POOR INNOCENT TEAM OF YOUNG JAPANESE WOMEN TO STEAL WORLD CUP GOLD AND TAKE IT TO AMERICA TO PERFORM SATANIST RITUALS WHILE EATING CHILDREN.
 
#22 ·
Greece had to fake their accounts for many years to be allowed into the Euro, which pretty much tells they shouldn't be allowed into the Euro. They do have a part of the blame, but I hope they can find a better deal and start growing in the right direction again. They just realized too late the kind of corrupt politicians they had.

Also, if they had accepted EU's offer they would be in the exact same situation next year. They do need to make big structural reforms, but EU's reforms will just dig their own grave even more.
 
#32 · (Edited)
DesolationRow has very good points

Greece entered the EU with cooked books that no one in charge of the EU thought or cared to double check

They had an economic system that had zero aspirations for growth and political system that was entirely focused on getting elected with zero idea on how to actually use the power

Greece is very socially conservative, yet is extremely liberal (more than they can support) with government spending, that does not happen unless the focus is purely on just keeping people happy

The Olympics was the climax of this mindset, the choice to host it is a big concern for even rich nations

They created camps to hide "undesirable people" (immigrants from poor districts, drugies and homeless all rounded up by police) and get them out of the city to make it look like a utopia yet now some of those stadiums ar now homeless camps unless they could find buyers

Greece was designed to "look pretty" and to bribe everyone (even the average citizens) into compliance

Without outside help Greece is going to turn into a third world agricultural nation which will look horrible next to the rest of Europe
 
#2 ·
I have a feeling this is gonna turn ugly over there in the next few days.
 
#18 ·
Why? If I didn't have strong feelings about the story one way or the other why would I even post it??

- Mike
 
#24 · (Edited)
This situation has potential global impact, there could be a domino effect of banks going into meltdown if money owed isn't paid back leading to another credit crunch, this being the worst case scenario. It's ridiculous that a potential second credit crunch could form from a referendum cast by a clueless public stirred by propaganda from an overspending government. The propaganda seems to be working judging by the thread title.
 
#34 ·
Greece has lodged a formal request for a bailout loan with the euro zone's special support fund, a spokesman for the European Stability Mechanism (ESM) said on Wednesday.

"The ESM has received the Greek request," he said.

The Eurogroup of finance ministers is due to consider the application, which is formally addressed to its chairman Jeroen Dijsselbloem, in a conference call on Wednesday.

source: www.reuters.com/article/2015/07/08/eurozone-greece-esm-request-idUSB5N0ZA04420150708
:Banderas oh god
 
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