Your moment has come, Mr Tsipras, take back control of your country

So your moment has come, and frankly if you have the courage you should lead the Greek people out of the Eurozone with your head held high. Get back your democracy; get back control of your country. Give your people the leadership and the hope that they crave. Yes it will be tough in the first few months but with a devalued currency and with friends of Greece all over the world, you will recover.

Transcript:

Thank you. What we're seeing in this chamber this morning and indeed across the whole of Europe is an irreconcilable cultural difference between Greece and Germany. A split between the North and the South of Europe. The European project is actually beginning to die. Nobody in this room will recognise that the peoples of Europe are saying, we were never asked whether we want in this. This has been foisted upon on us and we need to understand why the EMU doesn't work. Those monsters Kohl and Mitterrand, backed up by the clever but dangerous Delors believed that if they put in place an economic and monetary union then as night follows day, there would be political union and there would be an acceptance of this project and the North and South of Europe would converge. That we would all start to love each other and we would all start to feel a European identity, that we would all start to show allegiance to the flag and the anthem.

Those, of course, that criticised this were told we were extremists and we lacked vision. Well one vision we didn't lack is we understood the countries of Europe are different and if you try to force together different people and different economies without first seeking the consent of those people it is unlikely to work and the plan has failed. This isn't just Greece we're talking about today, the whole of the Med now finds itself in the wrong currency and yet virtually nobody in the political arena has the courage to stand up and say that. Indeed, I feel that the continent is now divided from North to South, there is a new Berlin wall and it is called the euro. The old enmities have been resumed. Just listen to the way the German leader of the CDU group this morning attacked Mr Tsipras. He was actually disgusting but it shows the way North and South feel about each other.

Mr Tsipras, your country should never have joined the euro, I think you acknowledge that. But the big banks, big business and big politics forced you in. Goldmans Sachs, the German arms manufacturers, they were all very happy when the bailouts began. They weren't for the Greek people, those bailouts were for French, German and Italian banks. They haven't helped you at all. These years of austerity, years of high employment and increasing poverty, none of it's worked. In fact, your debt GDP ratio has gone from 100 percent at the start of the crisis to 180 percent right now. It would be madness sir, to continue on this course.

You have been very brave. You called that referendum. When one of your predecessors tried to do the same the bully boys in Brussels had him removed. They tried their best again, Mr Juncker said you would have to leave the Euro and leave the EU. Even Mr Schulz, the president of the parliament, who one would have thought might have been neutral, said that if the Greeks voted no then power supplies might even go down. There were threats and bullying but the Greeks stood firm. But sir, you cannot have your cake and eat it. They will give you no more these people. They cannot afford to, if they give you more they have to give other Eurozone members more.

Farage apparently doesn’t really understand what Greeks actually want, though he should based on who they just elected in Mr. Tsipras.

The Greeks want more socialism, more social welfare programs, they are throwing a hissy fit because the rest of Europe no longer wants to pay for their bankrupt utopia.

Greeks don’t want out of the Eurozone, they don’t want to go back to their old currency, they don’t want to cut the bloated public sector, they don’t want to cut back on entitlements, they want freebies and are having a temper tantrum cause other countries have finally had enough.

So while I do like Nigel Farage a lot, this speech will fall on deaf ears - in Greece anyway.

Most of Greece debt was NOT their debt. It was E.U.

The Central Bank of Europe convinced Greece back in 2008 to bail out the E.U. and they have not been able to get out since. It was collisional mistake by Greece. Nevertheless, most of the debt is NOT Greece’s debt.

In other words Greece in 2008 was bailing out bad bets the E.U made on “green” companies, etc... It’s mainly derivatives (not even real money).

Most people just don’t understand what’s going on.

Same thing is happening here. Our country does owe 19 Trillion now and 100 Trillion when everything is said and down.

However, the Fed has us on 2.2. Quadrillion (Yes that is 1000 Trillions each quadrillion) on future generations that Fed says we owe them.

Most of that money is from the Derivatives market. It’s not real money.

the pensions are actually earned after 20 years of work.

The issue is the pension collection age.

In the USA we have pensions in the form of IRA’s which also can only be accessed at age 55.5.

The issue is the crushing public sector jobs and unions.

You also have absurd bureaucratic business needs to the point where professional navigators are needed. (read that as people who know who to bribe and how much)

The so called experts will not stop at Greece. Next they will want spain out, Portugal out, itally out, Ireland out. To the point where you have the socialist delusional trying to save an unsupportable EU.

Also keep in mind, 400 years of slavery has taught the greeks the art of tax avoidance; in particular the Dhimi tax.

The ONLY way out of this euro mess is not jumping ship but unleashing the free market and abandoning corporate patronage partnerships.

If you don’t understand that the underlying issues are that the Greeks want a generous social welfare system and can’t pay for it, then you are wearing blinders.

All this other stuff making excuses for the Greeks sounds like something from some of the more exotic posts on ZeroHedge or maybe InfoWars.

Just look who the Greeks just elected - a radical leftist.

The Greeks would not be the financial joke of the world if they dumped their highly regulated socialist system and moved in a competitive free market direction. The problem is, this is NOT what the Greek people want. The want freebies, no different than leftist voters here in the US want. They want moar free stuff and throw a temper tantrum when others refuse to pay for it.

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