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Thread: Greece's Tsipras calls referendum to break bailout deadlock

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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by donsutherland1 View Post
    I meant 1960. That's when the payments issue with Greece was resolved.
    No, it wasn't. The Greeks were very clear that the money received (a fraction of what Germany forcibly borrowed) was a down-payment. They said it at the time and their position has never changed.
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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by Fenton View Post
    Lol !!

    Sure is convenient timing for the Greek Government then isn't it ?

    Greece didn't seem to have have a problem with Germany's war reparations when they were loading up German banks with worthless bonds.
    I guess the difference is that the Germans were perfectly able to say no to making those loans, whereas in 1942 the Greeks weren't quite so free. To say that Greece is only just mentioning this now is evidence that you haven't been paying attention. They've been consistent in their insistence that Germany has not repaid their war debts.
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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by Fenton View Post
    the same guy who tried to extort his way out of this mess by claiming Germany owed Greece 300 Million euro's in " Nazi war crime " fines unpaid.
    Fenton has posted this repeatedly. The issue is the "forced loan," not war reparations.

    I don't agree that the call for a referendum is a "punt," a lack of leadership. I'd call it democracy.

    I continue to believe that there will be no Grexit. The Right in Europe wants it, but they're not in control. I think moderates will prevail and this very difficult issue will somehow be resolved.
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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by mmi View Post
    Fenton has posted this repeatedly. The issue is the "forced loan," not war reparations.

    I don't agree that the call for a referendum is a "punt," a lack of leadership. I'd call it democracy.

    I continue to believe that there will be no Grexit. The Right in Europe wants it, but they're not in control. I think moderates will prevail and this very difficult issue will somehow be resolved.
    Democracy ??

    Lol !! Tsipras was elected.

    Right ?

    Voters chose him to lead their Nation and that would include making tough choices and then taking responsibility for the consequences of those choices.

    But then again, what does a hard left lunatic socialist know about " responsiblity "

    Nada. Tsipras admires people like Che Guevara. Hell, he named his second som after Guevaram, nothing he does surprises me.

    This decision by Tsipras to offload his responsibility on his citizens shouldn't surprise anyone really.

    And your defense of Tsipras isn't surprising either.

    Tsipras is going to call for a referendum NOT in the spirit and interest of Democracy.

    He's doing it so he can tell the Greek population that they're responsible for the inevitable consequences that are going to come with a Greek default

    He can tell them " dont blame me, you voted for this "

    Lol...what a low life.

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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by Andalublue View Post
    No, it wasn't. The Greeks were very clear that the money received (a fraction of what Germany forcibly borrowed) was a down-payment. They said it at the time and their position has never changed.
    Perhaps. It's odd, though, that past Greek governments didn't pursue the case through the International Court of Justice. A mechanism exists for resolving the dispute.

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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by donsutherland1 View Post
    Perhaps. It's odd, though, that past Greek governments didn't pursue the case through the International Court of Justice. A mechanism exists for resolving the dispute.
    It's not odd at all.

    Greece needed to sell it's worthless bonds to other EU Nations States, including Germany. Any attempt to extort Germany back then would have probably come with consequences that may have led to Germany abandoning Greek debt.

    This call for reparations or for Germany debts to be paid is simply the consequence of a radical left wing Greek PM trying to scam his way out of this mess. It was a dishonest and exceedingly stupid thing to do from a man that idolizes Che Guevara to the point where he named his second son after the revolutionary .

    Syrzia shouldn't have gained power. He's a radical ideologue, not a leader, not a statesman.
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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by Fenton View Post
    It's not odd at all.

    Greece needed to sell it's worthless bonds to other EU Nations States, including Germany. Any attempt to extort Germany back then would have probably come with consequences that may have led to Germany abandoning Greek debt.

    This call for reparations or for Germany debts to be paid is simply the consequence of a radical left wing Greek PM trying to scam his way out of this mess. It was a dishonest and exceedingly stupid thing to do from a man that idolizes Che Guevara to the point where he named his second son after the revolutionary .

    Syrzia shouldn't have gained power. He's a radical ideologue, not a leader, not a statesman.
    I agree that the call for reparations was a crude tactic aimed at evading a serious attempt to address Greece's debt crisis. Unfortunately, the current regime gained power through unsustainable promises and wasted an inordinate amount of time on sophomoric tactics that undercut the patience of the EU, ECB, and IMF. All the while, as time was squandered, Greece's economic difficulties were worsened. Now, in its ultimate act of failure, it abdicated responsibility for a difficult and complex decision to Greece's people. A better approach would have been its resignation and call for immediate elections to allow a government willing to exercise leadership to take office.

    The Prime Minister, his leadership team, and Syriza Party have now exposed Greece's people to the risk of a financial system collapse and severe Depression. Worse, they did so after Greece has already seen its economy contract by more than 25% since 2007 and its unemployment rate soar toward 26%.

    I empathize with Greece's people for the needless additional suffering the current government has imposed on them, and their being cast adrift by that government's incredible lack of willingness to assume even basic leadership responsibility.

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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    From CNBC:

    Reuters just flashed this:

    GREEK OPPOSITION LEADER SAMARAS TO MEET GREEK PRESIDENT ON SUNDAY


    I am not sure what will be discussed, but if the President and Opposition will move to replace the Tsipiras government within Greece's constitutional framework, that would be a constructive step.

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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by donsutherland1 View Post
    I agree that the call for reparations was a crude tactic aimed at evading a serious attempt to address Greece's debt crisis.
    How do you feel about the call for consideration of the extortion? This is an obligation that even the Nazis acknowledged. Was that criminal regime more "responsible" than the current German government?
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    Re: Greece's Tsipras calls referendum to break bailout deadlock

    Quote Originally Posted by donsutherland1 View Post
    From CNBC:

    Reuters just flashed this:

    GREEK OPPOSITION LEADER SAMARAS TO MEET GREEK PRESIDENT ON SUNDAY


    I am not sure what will be discussed, but if the President and Opposition will move to replace the Tsipiras government within Greece's constitutional framework, that would be a constructive step.
    That doesn't sound good at all. This could get really ugly.

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