Greece tells banking cartel STICK IT

[IsaacNewton]

Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.

 

[jwoodie]

Blazing Saddles redux?

 

[CrusaderFrank]

Greece needs to keep funding the fakes and phonies who are drawing the public trough, they are dependable Socialist voters!

 

[whitehall]

The "knife that Greece had to it's throat" was of it's own making. The alleged "fascist" banking cartel would offer liberal debit conditions to a bankrupt country. What other offers does the country consider? Russia would probably give them a good deal.

 

[hipeter924]

They shouldn't have accepted the bailout in 2010, and instead followed Iceland by jailing the bankers and letting the banks default on their own mistakes.

But what is done is done, and I hope that they manage to get out the abyss.

The IMF/ECB plan was a joke, and it would have not only forced taxpayers across Europe to fund a money hole, but forced Greeks to sell the country off and eventually default on their debt anyway - making a bigger money hole than if they default this year.

If it I was up to me, I wouldn't have let it get this far. It would have been better to not intervene at all than push a bailout that Greeks couldn't afford to pay, with conditions so insane that they could only plunge Greece into economic depression and a debt spiral.

The politicians in the European Union were idiots, as were the economists and bureaucrats who pushed more and more demands on Greece for the bailout, forcing the collapse of the Greek government - because the demands had reached the limit of what Greeks were prepared to accept. Syriza and the collapse of the bailout deal is the result.

 

[Rexx Taylor]

Greece needs to keep funding the fakes and phonies who are drawing the public trough, they are dependable Socialist voters!

i wonder why Obama hasnt spoken about this? this is a mirror image of his second term, only difference is that we owe 18 Trillion dollars!!

 

[Two Thumbs]

so they are flipping the bird to the people that saved them from utter ruin, and renigging on their deal

and they will keep wasting the money that was loaned them, they will keep being children, until what?

greece is out of other peoples money, they have no fiscal conservatives to work them out of the whole, they actually think the government will help



leftist are so dumb

 

[Synthaholic]

we owe 18 Trillion dollars!!

Thanks Dubya!

 

[Two Thumbs]

we owe 18 Trillion dollars!!

Thanks Dubya!

derp adds derp to the derp

 

[Andylusion]

Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.

LOL

Greece just blew themselves up, and you think it's a victory.

And told the banks to stick it? The banks? LOL

Dude the banks are fine. Greece is who is screwed.

Eurozone Debt Showdown Looms As Populists Surge To Power In Greek Elections - Forbes

The IMF and the ECB, have legal guarantees, that they will not take a loss. The IMF almost never takes a loss.

18% is bonds. That's retirement funds, and pension funds (unions). That's the public.

3% is Greek banks. So the public will eat that loss, if they default.

The Bank of Greece, is the tax payers.

1%... just ONE PERCENT, is foriegn banks.

60%, is the Eurozone...... Whose that? Tax payers.

So who do you think is going to get screwed if Greece defaults? Tax payers. Not the banks. Not the wealthy. Not the rich. Not "cartels". Not the 'multi-national corporations'.

It's going to be the Greek public.... the tax payers of the EU.... the pensioners and Unions. That's who is screwed.

You haven't done diddle jack squat to the banks. You have blown off your own foot.

Whatever chance Greece had of rebuilding their economy, was just flushed down the drain.

When they get kicked out of the EU Zone, no one will buy their goods, because there will be tariffs on them now, and custom duties, and all the jobs they have left, will vanish.

The left-wing always pulls out the biggest sword, swings it as hard as it can, only to slice off their own head. Greece is the latest victim of socialist suicide.

 

[Synthaholic]

so they are flipping the bird to the people that saved them from utter ruin, and renigging on their deal

 

[Andylusion]

we owe 18 Trillion dollars!!

Thanks Dubya!

Yeah, thanks Dubya who hasn't been in office in 7 years, and the debt has doubled since he left. Thanks indeed. If only we had Dubya, our debt would be half of what it is now.

 

[Synthaholic]

we owe 18 Trillion dollars!!

Thanks Dubya!

derp adds derp to the derp

If derp=fact, then yes.

 

[hipeter924]

Greece needs to keep funding the fakes and phonies who are drawing the public trough, they are dependable Socialist voters!

Syriza and Independent Greeks (ANEL) aren't the ones that built the debt, in fact if anything the have the greatest chance to bring down the debt and stabilize the economy.

Panhellenic Socialist Movement (PASOK) and New Democracy are the two parties which built up the debt, hid figures, and were quite corrupt when they ruled Greece on and off from the 1970s to 2014.

Ultimately though PASOK is the party that forced the bailout and messed up the Greek economy, so with them out of the picture Greece has a chance to recover.

So Greece rather than 'funding fakes and phonies' has done the reverse of that by booting out the establishment, even if on the surface Syriza is far-left.

 

[Synthaholic]

we owe 18 Trillion dollars!!

Thanks Dubya!

Yeah, thanks Dubya who hasn't been in office in 7 years, and the debt has doubled since he left. Thanks indeed. If only we had Dubya, our debt would be half of what it is now.

Oh, look! Another moron has arrived.

It's been proven again and again how bush put trillions on the national credit card, and between that and the interest, it's grown to 17 trillion.

What has the Republican House done to raise revenue to pay down the debt? We can't do it by cutting mere millions from homeless children, so sorry.

 

[Rexx Taylor]

i am surprised Donald Trump hasnt offered to buy Greece before it goes on ebay.

 

[CrusaderFrank]

we owe 18 Trillion dollars!!

Thanks Dubya!

Obama the most powerless greatest President Evah!!!

 

[Andylusion]

we owe 18 Trillion dollars!!

Thanks Dubya!

Yeah, thanks Dubya who hasn't been in office in 7 years, and the debt has doubled since he left. Thanks indeed. If only we had Dubya, our debt would be half of what it is now.

Oh, look! Another moron has arrived.

It's been proven again and again how bush put trillions on the national credit card, and between that and the interest, it's grown to 17 trillion.

What has the Republican House done to raise revenue to pay down the debt? We can't do it by cutting mere millions from homeless children, so sorry.

I've noticed that you never have anything of value to add to the conversation, and that most of the people I know who are worth talking to..... don't talk to you. I've seen this pattern now on over 5 different threads.

It would appear they figured out you are absolutely worthless as a source of intelligent conversation, before I did. Sadly, I am slow to catch on. But I will fix that here and now.

Goodbye dear little troll. You are banned from talking to me, for the rest of your sad little life. The ignore function on the new forum software is through and absolute. I will never see your boring, mindless, and devoid of original thought posts, ever again. So long, and farewell! If you find you only have other trolls to bicker with, maybe you'll think back on this moment... and perhaps learn something. Unfortunately... or fortunately..... I'll never know either way! Bye bye!

 

[IsaacNewton]

The "knife that Greece had to it's throat" was of it's own making. The alleged "fascist" banking cartel would offer liberal debit conditions to a bankrupt country. What other offers does the country consider? Russia would probably give them a good deal.

All debt everywhere is 'of its own making'.

And part of the point is, if Europe can turn their back on the cradle of democracy and have them even THINK of going to Russia for help, there is something very wrong with this picture.

Greece in fact should be demanding the derivatives criminals on Wall Street who, with Bush and the Republicans, created the 2008 crash that caused this worldwide misery to pay the bill. But of course the IMF wouldn't think of asking 'some of their own' to be held accountable for their actions.

It was in fact a knife being held to the throat of the Greek people. And they said 'fuck off'. Good for them.

European democracies have lost their way, and it is the financial institutes that are responsible.

 

[hipeter924]

i am surprised Donald Trump hasnt offered to buy Greece before it goes on ebay.

You have to wait for it to default and go bankrupt first, doubt anyone would touch it with a stick right now - let alone Trump.