I was basing my retirement on two of these, you mean they're worthless?
Posted on 01/26/2015 12:57:20 PM PST by tcrlaf
Greek radicals sought on Monday to redraw the political map of Europe, forming a coalition government of left and right, united only by their desire to defy the European financial establishment and shrug off the constraints of austerity.
The coalition, led by 40-year-old Alexis Tsipras, was expected to dispatch its new finance minister to Brussels in the next few days to seek a fundamental renegotiation of Greece’s economic bailout package, vowing that “the end of humiliation has come”. Tsipras and his Syriza party have promised to replace the austerity programmes imposed by Greece’s international creditors with policies aimed at helping the third of the population now living in poverty.
Finance ministers from the eurozone, meeting at EU headquarters, responded cautiously, acknowledging the new political realities in Greece and offering to negotiate, while ruling out the straight debt write-off Tsipras is demanding.
A spokesman for the German government, which would have to approve and largely finance any new debt relief, said its position was unchanged by the Greek election.
(Excerpt) Read more at theguardian.com ...
“If Greece defaults, the French banks go belly-up.”
Yeah. They do. What was it that Chuck Colson used to say before he got with God?
‘When you have them by the balls, their hearts and minds will follow.’
“They can’t print Euros....if they quit the EU they can print Drachmas again.”
Who is going to stop them if they fire up their EURO printing press? Or repudiate their debt? Very telling that the new President met with the bear first thing.
“The only thing radical leftists and euroskeptic conservatives could agree upon is their mutual antipathy to the EU.”
Oh and defaulting on their debt. Especially if the EU is holding it. Don’t forget that.
“Any European country with any sense (I know, a vanishing small set) will forbid any bank from owning any Greek notes, either directly or indirectly.”
Won’t happen. The EU doesn’t want Russian military bases in Greece.
I’m glad that Comrade Tsipras didn’t threaten to “not wear any pants” unless the debt question was resolved.
The Drachma isn’t worth what it used to be. So sad. Another European country down the crapper with the Moslems just waiting to feed off the carcass.
Thanks, comrades, for your stupidity and treason.
Guess we will soon find the Parthenon for sale on EBAY!
Greece’s new anti-austerity government set on collision course with Brussels the supply and demand curve.
There, fixed it.
Heads up Greece! Scata for everyone. OOPAH!
5.56mm
“Any European country with any sense (I know, a vanishing small set) will forbid any bank from owning any Greek notes, either directly or indirectly.”
They are up to their eyeballs already!
I was basing my retirement on two of these, you mean they're worthless?
The 40 point platform of the SYRIZA (an acronym in Greek, for Coalition of the Radical Left) Party while they were campaigning:
1. Audit of the public debt and renegotiation of interest due and suspension of payments until the economy has revived and growth and employment return.
2. Demand the European Union to change the role of the European Central Bank so that it finances states and programs of public investment.
3. Raise income tax to 75% for all incomes over 500,000 euros.
4. Change the election laws to a proportional system.
5. Increase taxes on big companies to that of the European average.
6. Adoption of a tax on financial transactions and a special tax on luxury goods.
7. Prohibition of speculative financial derivatives.
8. Abolition of financial privileges for the Church and shipbuilding industry.
9. Combat the banks’ secret [measures] and the flight of capital abroad.
10. Cut drastically military expenditures.
11. Raise minimum salary to the pre-cut level, 750 euros per month.
12. Use buildings of the government, banks and the Church for the homeless.
13. Open dining rooms in public schools to offer free breakfast and lunch to children.
14. Free health benefits to the unemployed, homeless and those with low salaries.
15. Subvention up to 30% of mortgage payments for poor families who cannot meet payments.
16. Increase of subsidies for the unemployed. Increase social protection for one-parent families, the aged, disabled, and families with no income.
17. Fiscal reductions for goods of primary necessity.
18. Nationalisation of banks.
19. Nationalisation of ex-public (service & utilities) companies in strategic sectors for the growth of the country (railroads, airports, mail, water).
20. Preference for renewable energy and defence of the environment.
21. Equal salaries for men and women.
22. Limitation of precarious hiring and support for contracts for indeterminate time.
23. Extension of the protection of labour and salaries of part-time workers.
24. Recovery of collective (labour) contracts.
25. Increase inspections of labour and requirements for companies making bids for public contracts.
26. Constitutional reforms to guarantee separation of church and state and protection of the right to education, health care and the environment.
27. Referendums on treaties and other accords with Europe.
28. Abolition of privileges for parliamentary deputies. Removal of special juridical protection for ministers and permission for the courts to proceed against members of the government.
29. Demilitarisation of the Coast Guard and anti-insurrectional special troops. Prohibition for police to wear masks or use fire arms during demonstrations. Change training courses for police so as to underline social themes such as immigration, drugs and social factors.
30. Guarantee human rights in immigrant detention centres.
31. Facilitate the reunion of immigrant families.
32. Depenalisation of consumption of drugs in favor of battle against drug traffic. Increase funding for drug rehab centres.
33. Regulate the right of conscientious objection in draft laws.
34. Increase funding for public health up to the average European level.(The European average is 6% of GDP; in Greece 3%.)
35. Elimination of payments by citizens for national health services.
36. Nationalisation of private hospitals. Elimination of private participation in the national health system.
37. Withdrawal of Greek troops from Afghanistan and the Balkans. No Greek soldiers beyond our own borders.
38. Abolition of military cooperation with Israel. Support for creation of a Palestinian state within the 1967 borders.
39. Negotiation of a stable accord with Turkey.
40. Closure of all foreign bases in Greece and withdrawal from NATO.
IIRC, the Drachma no longer exists. That means they leave the Euro. Who will then take payment in Drachmas?
Did they start their war on NATO with a suicidal attack on a Spanish air force base?
Haha - perfect pic of Obama!
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