Greece

Finns getting stroppy with dodgy Greek socialists

The Finns are standing strong and talking tough, wanting to kick the Greek socialists out of the eurozone.

Finland’s parliament has decided it will not accept any new bailout deal for Greece, media reports said Saturday, piling on pressure as eurozone finance ministers tried to find a way out of the impasse.

The decision to push for a so-called “Grexit” came after the eurosceptic Finns party, the second-largest in parliament, threatened to bring down the government if it backed another rescue deal for Greece, according to public broadcaster Yle.

Under Finland’s parliamentary system, the country’s “grand committee” – made up of 25 of 200 MPs – gives the government a mandate to negotiate on an aid agreement for Greece.\

Members of the committee met for talks in Helsinki on Saturday afternoon to decide their position, YLE reported.

But the parliamentary officials have declined to comment on the media report.

The finance minister, Alexander Stubb, was at the crunch eurozone talks in Brussels and tweeted that he could not reveal the mandate given to him by the grand committee so long as the negotiations were still ongoing.   Read more »

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Kraut pushback against doing deal to help dodgy socialist Greek ratbags

Angela Merkel is in a spot of bother for daring to entertain bailing out the dodgy, socialist Greek ratbags for a third time.

Germany’s ruling coalition appears to be deeply split over Greece’s latest reform proposals ahead of a climactic meeting of EU leaders at the weekend.

While senior Social Democrats (SPD), the junior partners in Chancellor Angela Merkel’s government, welcomed the list of concessions from the Greek prime minister, Alexis Tsipras, members of her own conservative bloc were scathing about Greece’s position.

As financial experts digested the plan from Athens, the joint chief executive of Berlin’s stock exchange, Artur Fischer, said that business leaders in Germany felt Greece had squandered its credibility, and that if Merkel agreed to a third bailout for Greece, she could also be signing up to the continuation of the crisis for years to come, thereby risking her chancellorship.

“This is the toughest time in her chancellorship so far. Can she resist the voices of opposition within her own party to push through a third bailout in the Bundestag that most of them are against?” said Fischer.

Understanding Greek bludgers and their attitude

Andrew Bolt finds the perfect metaphor for Greece’s problems:

Greece’s former finance minister, Yanis Varoufakis, says family obligations will keep him away from Friday night’s parliament session to debate the government’s proposed reforms in return for a third bailout…

Varoufakis tweeted that he would be spending the weekend with his daughter before she returns to Australia, where she lives. He sent parliament a letter saying he was voting in favor of the motion.

A Leftist paid a state salary skips work. He farewells his daughter to safety abroad as he votes to load Greece with more debt.

That really says it all.   Read more »

Poor old Chris Trotter, he is back on his Greek delusions

Dear old Chris Trotter, he is back making up wistful stories about the demise of the socialist ratbags in Greece, who seem to believe they can have a free ride paid for by other hard working people like the Krauts.

He thinks there are three groups commenting on the Greek crisis, the first group is the largest and are those who simply don’t care.

Then there are people like me, and most readers of this site who he describes like this:

Then there’s the group that regards the unfolding Greek crisis as a simple morality tale. According to this view, the Greeks awarded themselves a lifestyle they had not earned and paid for it with other people’s money. When the music stopped and their creditors came a-calling, the Greeks were required to discover just how unpleasant life can become when excessive debt falls due. As far as this group is concerned, the Greeks are in the process of being taught some very valuable lessons. On no account, therefore, should the EU be encouraged to remove its knife from Greece’s throat.

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Chris Trotter’s politically incoherent rant about Greece

Chris Trotter can usually be relied on to give a sensible opinion on most political matters, though occasionally he loses himself in an orgy of self congratulation when it appears someone can claim “Capitalism doesn’t Work”.

Chris’ delusions about capitalism and the Greek Crisis have come to a head with a piece where he welcomes the bludging Greek ratbags voting not to pay their debts.

He usually gets the diagnosis right, but doesn’t always get the treatment right.

THE UNFOLDING CRISIS in Greece has stripped Neoliberalism of its protective disguise and the world is recoiling from its ugliness. In normal circumstances the true purposes of the world’s neoliberal elites are masked by their use of opaque economic jargon. In the case of Greece, however, the social science of economics has been turned against them by some of its most impressive exponents. Nobel laureates Joseph Stiglitz and Paul Krugman have told the world that what is being done to Greece has nothing to do with economics, and everything to do with politics. A whole country is being driven to the wall in a desperate bid to destroy its left-wing government. Neoliberalism simply cannot allow the Greek Prime Minister’s, Alexis Tsipras’s, powerful lessons in democracy to go unpunished. If his Syriza Party is allowed to defeat austerity in Greece, what is there to prevent Podemos from defeating it in Spain? Or Sinn Fein in Ireland?

Yes Chris, it is all to do with politics, although those from the Austrian or Chicago schools of economics might disagree with well known left-wingers and Keynsians, Stigliz and Krugman. The politics is pretty easy to understand, especially if you take a step back from the ideology of a looney left Greek government who says “We won’t pay you”.

Germany’s 72-year-old Finance Minister, Wolfgang Schauble, has clearly been unable to cope with his 54-year-old Greek counterpart, Yanis Varoufakis. Everything about the free-wheeling Greek economics professor offends the unyielding German ideologue. Varoufakis has been unsparing in his criticism of Germany’s inability to grasp the necessity for Greek debt relief (which even the IMF now acknowledges). It’s an act of insubordination which Schauble and his colleagues are resolutely determined to punish. So unchallenged has neoliberalism’s ideological hegemony been since the collapse of Soviet-style socialism that it finds itself unable to adequately respond to Varoufakis’s neo-Keynesian populist critiques. Their greatest fear is that, like the little boy in the Hans Christian Andersen fairy tale, the Greek Finance Minister will draw the world’s attention to the fact that the neoliberal German Emperor is wearing no clothes.  Read more »

Will Greece be the last gasp of Marxist delusion?

The left wing are all enamoured that the dodgy Greek socialists flipped the bird at the EU.

They think this is cool and even Chris Trotter rolled out the “death of neo-liberalism” epithets.

It’s hogwash of course…neo-liberalism didn’t sink Greece, dodgy socialists drunk on other people’s money and lazy to boot sunk Greece.

Janet Daly explains in words even simple-minded socialists can understand.

Which of these do you find more repugnant: an autocratic European Union which is no longer bothering to conceal its intention to displace an elected government, or a shambolic clique of Left-wing fantasists who are propelling a country – and its hapless population – into economic ruin and political chaos?

It’s a tough call, isn’t it? Whatever happens in the Greek referendum on Sunday, it will not be the end of this pantomime. In fact, it is intended not to be the end, in spite of the Greek prime minister’s bizarre assertion last week that he could guarantee a deal would be made with the country’s creditors within 48 hours of a “no” vote – when, in fact, a “no” vote would effectively guarantee the impossibility of making such a deal since the answer “no” is a rejection of meaningful concessions to the creditors.

There is no point any longer in trying to make sense of this. It has gone beyond sense. It is now incomprehensible in the strict technical meaning of the word. The “options” available are all catastrophic and delusional in varying degrees and combinations, and nobody is actually going to get to choose between them anyway – at least, nobody in Greece. To the extent that they have had any involvement – or culpability – in this matter, the Greek people must come to terms with the consequences of electing Russell Brand to head their government. Voters do have some responsibility for the choices that they make. That is what distinguishes mature democracy from the students’ union. But given the price that they are paying for that moment of mad frivolity, it seems harsh to condemn, especially as the prospect of fiscal rationality had already been ruined by the fecklessness of previous governments and external forces beyond their control.

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Wogs vote No, they’re screwed now

The dumb Greeks have voted No.

They want to continue on bludging off the rest of Europe while they spend other people’s money.

Greeks have voted overwhelmingly “No” in a historic bailout referendum, partial results show, defying warnings from across Europe that rejecting new austerity terms for fresh financial aid would set their country on a path out of the euro.

With more than half the votes counted, official figures showed 61 per cent of Greeks on course to reject a bailout offer from creditors that was the official issue of the ballot.

The figures showed the Yes vote drew 40.1 per cent. An official projection of the final result is expected this morning (NZT).

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Asking debtors to pay up is now terrorism?

Final-Notice-overdue-payment

Greek Finance Minister Yanis Varoufakis accused Athens’ creditors of “terrorism” in an interview, a day before Greeks vote in a high-stakes referendum on the conditions of the country’s bailout.

“What they’re doing with Greece has a name – terrorism,” Varoufakis told the Spanish El Mundo daily on Saturday.

“What Brussels and the troika want today is for the “Yes” (vote) to win so they could humiliate the Greeks.”

“Why did they force us to close the banks? To instill fear in people. And spreading fear is called terrorism,” he said, referring to the IMF, European Central Bank and the EU.

These idiots have been living beyond their means.  They have not heeded all the warnings and offers of help along the way.  And now that the Day of Reckoning has come, everyone else is to blame.   Read more »

Why I have no sympathy for the socialist Greek ratbags

An article in the Daily Mail explains just why it is the Greeks have become broken arses…basically they are nation of corrupt bludgers.

Greece in teetering on the brink of ruin – and it is hard not to feel sympathy for the pensioners crying in the street and the mothers facing empty supermarket shelves.

Yet those reading a new book may find themselves feeling a little less compassionate towards the Greeks. It reveals an eye-popping catalogue of benefits scams and tax avoidance schemes that have robbed the public purse.

James Angelos’ The Full Catastrophe: Travels among the New Greek Ruins lays bare the corruption which filtered through all levels of society – from the islanders who pretended to be blind, to the families who forgot to register their parents’ death and the doctors who ‘earn’ just €12,000 a year – yet live in Athens’ most exclusive neighbourhood.

It was the rumours of an ‘island of the blind’ which first bought Angelos, a journalist, to Greece in 2011.

He had heard that on Zakynthos, something like two per cent of the population were registered blind.

All was not quite how it seemed, however, and it transpired that 61 of the 680 ‘blind’ residents were quite happily driving around the island.

In fact, an astonishing 498 of those 680 were not blind at all – or even partially sighted.

But being ‘blind’ had its advantages – in particular, the €724 paid in benefits once every two months, and a reduction in utility bills.

It was a scam which could be traced back to one ophthalmologist and one official, which was estimated to have cost the country €9 million.

And, as Angelos discovered, it was only the tip of the iceberg.

How big is the problem of disability benefits fraud, Angelos asked the then-deputy health minister Markos Bolaris.

‘Very big,’ came the accurate, but short, reply.

Indeed, when those claiming disabilities were asked to present themselves at government offices so records could be updated, 36,000 failed to do so.

That translated to an immediate saving for the government of €100m a year.

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The square heads are getting sick of dodgy Greek ratbags

Time is up for Greece, and the Krauts are utterly sick of them.

Berlin has delivered a blistering attack on Greece’s beleaguered radical prime minister, Alexis Tsipras, accusing him of lying to his own people and seeking scapegoats for the country’s misery everywhere but in his own ranks.

The German government dismissed desperate attempts by Athens to salvage some form of bailout, prompting Tsipras to hit back, accusing the country’s creditors of trying to “blackmail” Greek voters with dire warnings that a vote against austerity in this weekend’s referendum would be a vote to leave the euro.

Tsipras referred to leaders of other eurozone nations as “extremist conservative forces” and blamed them for the capital controls that have forced the banks to shut down and ration cash.   Read more »