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JDPriestly

(57,936 posts)

32. No. Complete democrat.

Wed Jul 1, 2015, 11:56 AM

Jul 2015

The referendum gives the power to the Greek people to decide whether to exit the Euro or stay in and accept basically a government program imposed by Northern Europe.

I think that Syriza is showing a lot of courage with this vote. It is the right thing to do. The Greek people, not a small group of representatives, have to commit to one direction or the other.

This vote is a commitment. If they vote to stay in the Euro, then the Greek people will have a difficult time dealing with austerity.

If they vote to leave the Euro, the Greek people will have a difficult time dealing with a new currency organization and another source of austerity.]

Either way, the Greek people lose and a lot of very rich people like Carlos Sim and Goldman-Sachs win because they have most likely sold their debt and their interest in the derivatives they sold based on the Greek debt.

Either way, those rich people who should have been paying their taxes all along have probably already rescued their money from the financial devastation that is coming (regardless of how the referendum turns out) will reap the bonanza and will buy up everything they can.

If the vote is no as the Prime Minister has requested, then I assume that the Prime Minister knows he will have to pull rabbits out of the hat to continue to govern. If the vote is "yes," then Syriza which did not cause the problem in the first place is off the hook.

I think people, if they don't understand the issues and just vote without much information, are more likely to vote yes than no. But I might be wrong about that.

When will it be our turn? is my question.

Our trade agreements plus our overvalued dollar are messing up our economy at its very foundation, making us dependent on foreign money. That's what our trade deficit means. We rely on foreign investment to keep our industrial base and country going. We are headed toward the kind of fiasco that Greece is in.

No to the TPP. It's our EURO.

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Greek debt: Merkel dismisses Tsipras's last-ditch compromise plan [View all] geek tragedy Jul 2015 OP

As Greece desparately needs cash Merkel is in an excellent bargaining position. PoliticAverse Jul 2015 #1

In other words, Art_from_Ark Jul 2015 #2

Greece probably never should have taken yeoman6987 Jul 2015 #6

The money was taken by an irresponsible government in Greece. JDPriestly Jul 2015 #20

Well said. ananda Jul 2015 #28

Thank you for this very lucid Euphoria Jul 2015 #41

+100! People get so caught up in blaming the victims that they forget who the villains are. GliderGuider Jul 2015 #51

Unfortunately, nothing really can be done now until after the referendum. still_one Jul 2015 #5

Should be "before Sunday's poll" had an official vote count. Igel Jul 2015 #3

Mr. Bean's only option to getting a deal in time from geek tragedy Jul 2015 #4

The referendum will pass. candelista Jul 2015 #9

it's not clear what they're voting on though. geek tragedy Jul 2015 #11

I still don't get what the referendum actually is other than a call for a snap election Recursion Jul 2015 #17

IMF arrears doesn't mean Grexit, it may not even be a technical default geek tragedy Jul 2015 #23

There are references to specific proposals in the referendum candelista Jul 2015 #33

The specific proposal is a dead letter, having expired yesterday. geek tragedy Jul 2015 #37

Well, it's what they're voting on, unless it gets reworded. candelista Jul 2015 #42

Either way the Greeks vote, how in the world will Northern Europe collect? JDPriestly Jul 2015 #25

There is no "north European" proposal. There is a proposal from the Eurozone countries geek tragedy Jul 2015 #29

What a two faced statement by a capitalist hypocrite blackspade Jul 2015 #7

Her stance makes perfect sense given the referendum. geek tragedy Jul 2015 #8

Yep. Perfect sense if you are trying to run Greece out of the EU. blackspade Jul 2015 #10

perfect sense if someone's asking you to lend them bilions of euros geek tragedy Jul 2015 #12

Oh, yes, because we know that Merkal and the Troika "negotiate in good faith." blackspade Jul 2015 #15

compared to Mr. Bean, absolutely they look like good faith operators geek tragedy Jul 2015 #16

Right. The referendum wisely puts negotiations at the top on hold. JDPriestly Jul 2015 #30

+1. n/t Euphoria Jul 2015 #43

If she made a deal before the vote, people would complain about that Democat Jul 2015 #19

Who would be complaining? blackspade Jul 2015 #46

Greek PM maintains referendum, calls on people to vote 'no' Bosonic Jul 2015 #13

So, we are where we started, Sunday means either a Grexit or SYRIZA resigns geek tragedy Jul 2015 #14

But the grexit happened yesterday Recursion Jul 2015 #18

Grexit didn't happen yesterday, there's open debate within ISDA over whether geek tragedy Jul 2015 #21

But if I can't get to my alleged euros, I'd contest that I still live in the eurozone Recursion Jul 2015 #22

Did the US leave the dollar in 1933 when Roosevelt closed the banks for a week? nt geek tragedy Jul 2015 #24

I don't remember what FDR's capital controls were Recursion Jul 2015 #27

Banks were allowed to do nothing but make change. geek tragedy Jul 2015 #31

No. Complete democrat. JDPriestly Jul 2015 #32

You realize Tsipras is telling people it's NOT about leaving the Euro, right? geek tragedy Jul 2015 #35

Anyone here know what the the details over the austerity package were? cstanleytech Jul 2015 #26

I don't know all of it, but I understand that there was to be yet another cut in pensions JDPriestly Jul 2015 #45

Germany is strong because they were given a huge break on their war debts. Gregorian Jul 2015 #34

This isn't just Germany. It's all of the other Eurozone countries. geek tragedy Jul 2015 #36

My point was that Germany ought to show some humanitarian gesture. Gregorian Jul 2015 #57

Goldman Sach's turbinetree Jul 2015 #38

yes, Goldman Sachs was Greece's partner in crime for that fraud. nt geek tragedy Jul 2015 #39

So who pays.................................?" turbinetree Jul 2015 #40

Well, both should pay a penalty. geek tragedy Jul 2015 #44

The losses should be shared but not just by Greece and Germany and Northern Europe. JDPriestly Jul 2015 #48

Goldman should be prosecuted for what they did. geek tragedy Jul 2015 #50

i'm confused hill2016 Jul 2015 #58

Greece was not the only government duped by Goldman Sachs. JDPriestly Jul 2015 #47

Greece wasn't the victim of its own fraudulent conduct geek tragedy Jul 2015 #49

Just like the Bush II adminsitration here. JDPriestly Jul 2015 #52

the US is nothing like Greece and our problems are nothing like Greece's. geek tragedy Jul 2015 #54

Our balance of payments deficit -- probably due to the exaggeratedly high valuation of the JDPriestly Jul 2015 #56

even if hill2016 Jul 2015 #59

Read the article. JDPriestly Jul 2015 #60

yeah well hill2016 Jul 2015 #61

A Greek government did that. The Greek people did not do that. JDPriestly Jul 2015 #62

Tsipras is like a passive-aggressive spouse with his referendum. Nye Bevan Jul 2015 #53

if there's a yes vote his party probably is toast. geek tragedy Jul 2015 #55

HA! Germany called Tsipiras bluff. DCBob Jul 2015 #63

he has no plan, just kind of winging it geek tragedy Jul 2015 #64

Yep.. an amateur playing with pros. DCBob Jul 2015 #65

he lost when he called this chickenshit referendum, which has now divided Greece geek tragedy Jul 2015 #66

Dijsselbloem says there will only be a deal if the referendum comes back with a Yes vote. DCBob Jul 2015 #67