The New York Times (who editors, reporters, and pretty well all employees would identify with Greece) reported recently on the vote to piss on any austerity deal offered by Greek creditors. TexasLynn is happy to translate…
“Greeks delivered a shocking rebuff to Europe’s leaders on Sunday, decisively rejecting a deal offered by the country’s creditors in a historic vote…” — New York Times
English: Greece, who has very generous social spending, early retirement with massive pensions, voted to keep all that feel-good socialism right where it is and continue suckling at Germany’s tit.
“As people gathered to celebrate in Syntagma Square in central Athens, the Interior Ministry reported that with more than 90 percent of the vote tallied, 61 percent of the voters had said no to a deal that would have imposed greater austerity measures.” — New York Times
English: Telling your creditors to go $#%@ themselves is fun… as long as you don’t need them anymore. Sixty-one percent of Greek voters didn’t get to the “as long as” part of that equation. But again, that is the nature of socialism not being able to look down the road, not being able to foresee consequences. So what we have learned is that a majority of Greek voters are such morons they have no idea where all that money comes from and have no concept that they are bankrupt. Their credit card has been cut up and they’ve just voted that the guys to issue credit cards have to give them another one.
“The Greeks may have burned their bridge to Europe, but the Germans are roasting marshmallows over the flames.” — Kevin D. Williamson, National Review’s roving correspondent
“The no votes carried virtually every district in the country, handing a sweeping victory to Prime Minister Alexis Tsipras, a leftist who came to power in January vowing to reject new austerity measures, which he called an injustice and economically self-defeating. Last month he walked away from negotiations in frustration at the creditors’ demands, called the referendum and urged Greeks to vote no as a way to give him more bargaining power.” — New York Times
English: The current Greek Prime Minister is pretty well Bernie Sanders… meaning he is a leftist idiot. He is promising bread and circuses when HE has no bread or circuses to give. His plan has been to get his people to throw a hissy-fit so as to give him “leverage” in negotiating bread and circuses from those who have been carrying Greece for a quarter of a century. The strategy is delusional… and we’re talking Barack Hussein Obama delusional here…
“While Mr. Tsipras now appears to have gotten his wish, his victory in the referendum settled little, since the creditors’ offer is no longer on the table. There remains the possibility that they could walk away, leaving Greece facing default, financial collapse, and expulsion from the eurozone and, in the worst case, from the European Union.” — New York Times
English: Greece, led by Alexis threw they little temper tantrum and discovered that their intended audience had left the room. Now they’re yelling out the door for the adults should come back and give them what they want.
“Mr. Tsipras went on television briefly to say he would resume negotiations immediately. He said that the vote was not a mandate for ‘rupture’ with Europe. ‘The people today replied to the right question,’ he said. ‘They did not answer to the question in or out of the euro. This question needs to be taken out of the discussion, once and for all.'” — New York Times
English: Greece still wants to be part of the club; they just want everybody else to pay all the bills. (Sounds like the UN) AND they had a vote… so that settles it.
Only one problem… and it’s the whole problem with socialism…
“Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.” — British Prime Minister Margaret Thatcher, in a TV interview for Thames TV This Week, Feb. 5, 1976
And why is that? Why do they make a mess? Why do they run out of other people’s money? Because the socialism by design will always either 1) piss off the guys who pay the bills who stop paying (if they have the power to do so) or 2) the guys who pay the bills are dragged down with the looters and go bankrupt themselves.
Greece held their little vote. But it’s not their vote that counts.
If Germany is smart… they’ll cut Greece loose. It would be painful, but like any addict, stopping the flow of drugs is necessary if there is going to be any hope for recovery.
Aside I: This Exchange from Fox News was perfect… (and I probably stole/borrowed the punch line from Dr. Krauthammer…)
CHARLES KRAUTHAMMER: Look. The no vote, if they decide to stand up for Greek pride as the prime minister outlines it, is a vote for suicide. They’re seeing elements of it right now. I think the vote’s a week late for the prime minister. People are looking into the future. They’re seeing this week inability to get cash. Everything is running out. Commodities are getting scarce. What’s going to happen afterwards?
I think in the end the Greeks are not crazy. I think they understand the reason that they are in debt is not blackmail. But this is a country of 11 million people that has run up $275 billion in debt. That’s not easy if you’re 11 million people, but the Greeks are good at this. The Germans have finally said we’re taking away the credit card. The problem is there’s no negotiating leverage left because the Europeans have already called the bluff. They are ready to see the Greeks exit. And they are not going to budge one way or the other.
The irony is that the thing they’re ostensibly voting on Sunday is an offer already removed off the table by the Europeans. So this is a symbolic vote. It’s a taking of hemlock. The Greeks have a history of this. It was once noble. But I can’t believe they’re going to do this because it’s essentially economic suicide.
TUCKER CARLSON, DAILY CALLER: Can I say one point, though, the Greek prime minister is described in every news account as a member of the radical left-wing party. Not something obviously I endorse. On the other hand, you have to ask yourself honestly, has membership in the E.U. really helped Greece? I mean, this is a country that doesn’t have anything in common with other members. 75% of Greeks retire by the age of 61. This is a country that just doesn’t have anything in common with Germany.
Why are they in this union?
KRAUTHAMMER: They’re in this union because it gave them 25 years of living off the German tit.
Aside II: This should actually sound familiar here across the pond… but we (American Society) are probably too far gone to notice. Can you say “Detroit”, “Chicago”, “California”, “Illinois”, “New Jersey”. Massive spending, massive pensions for government employees. And on a national level, a massive Ponzi scheme masquerading as a retirement plan? Of course we’ll continue down the Greek path… more spending, more debt, more taxes, more… spending other people’s money… until… one of the two consequences grind the whole thing to a halt.
We shake our head… but we are them… just not quite there yet.
USA Today: States face shaky financial futures; pensions at risk
Aside III: Secede or Die