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Greek "riots" - struggle for revolution, February 12

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poisonelf

Member
First video to surface of the high schoolers being hunted by riot police:

http://www.youtube.com/watch?feature=player_embedded&v=Jr5YCGKKuvQ

It doesn't show chemicals but everyone is talking about chemicals' use and also the beating of one student by riot police.

NO GREEK MEDIA IS REPORTING ON THIS.

If that's not the start of a dictatorship, coupled with the fact that our banker-prime minister is unelected, and with the fact that elections are constantly being pushed back, then what is ??
 
First video to surface of the high schoolers being hunted by riot police:

http://www.youtube.com/watch?feature=player_embedded&v=Jr5YCGKKuvQ

It doesn't show chemicals but everyone is talking about chemicals' use and also the beating of one student by riot police.

NO GREEK MEDIA IS REPORTING ON THIS.

If that's not the start of a dictatorship, coupled with the fact that our banker-prime minister is unelected, and with the fact that elections are constantly being pushed back, then what is
??

that's kind of an important point i didn't know
 

poisonelf

Member
More videos of a student being arrested:

http://www.youtube.com/watch?feature=player_embedded&v=lpfz_kZLX20
http://www.youtube.com/watch?feature=player_embedded&v=Qp73-3o1vAo

I will update on this post as more videos surface.

that's kind of an important point i didn't know

Yes. Papademos is not elected. He's a banker from Greek Central Bank and ECB, brought as the technocrat to save us, and put here without elections. The leaders of the two largest (used to be largest) political parties, Papandreou and Samaras, who were roomates while studying in the US (...) agreed upon Papademou.
Elections were to be had on February. Got pushed back for April, and now there are rumors that "for the good of the PSI" they should be pushed back again.

EDIT 1: From the gathering of the students before the police attack. The students are sitting and chanting "take the memorandum and get out of here".
http://www.youtube.com/watch?feature=player_embedded&v=to4vOrYucMs

EDIT 2: Some reports are now saying that hooded (of course) students threw rocks and a police officer was injured before the riot police attacked to disperse the students. Greek mainstream media still totally ignore this.
 

poisonelf

Member
He was put in because the politicians didn't want to take their responsability. They thought it was easier if they asked someone who wasn't elected, to do the dirty work for them.

That's just a theory. A relatively prevalent one but also kind of illogical, since it's those same political leaders and their party members who keep voting for the measures, support Papademos, and appear on TV interviews supporting the measures all the time.

So it's not like they managed to hide behind him or anything. PASOK (Papandreou's party, the one taking us to the TROIKA), is already at 8% if you believe the absolutely controlled media here.

I think him (Papademos) being the orchestrator of the Goldman Sachs scandal when he was president of the Greek Central Bank, having been a vice president for the European Central Bank, and having been a financial consultant to Papandreou just a couple of years ago, have more to do with choosing him.
He has perfect knowledge of how to facilitate the various moves, such as the 'haircut' and the PSI to favor banking interests.
 

poisonelf

Member
So… I managed to put together the post about the Germany’s involvement on the issue and why many Greeks are angry with Germany. Again, this is not a post about the total Greek situation, and it is by no means a post attempting to throw all blame at Germany, it’s simply an answer to quite a few posts here wondering why Greeks would use images of Merkel as a Nazi and what’s up with that.

!! IMPORTANT NOTE: This is not, in any way, an attack against the German people.

I feel that the people of Germany have also been lied to and some (many?) have been led to believe that Greece is an ungrateful parasite of sorts, living off their money. I do consider Merkel and her staff as cold-blooded colonialists and servants of banking cartels, but I place them as far from the average German citizen as I place Greek politicians in comparison to the average Greek citizen.

Personally, after endless reading and watching political shows, I consider German leadership’s behavior to be a way to promote acceptance upon public opinion over the humiliating and sometimes dehumanizing measures that the TROIKA imposes on Greece, and goes further to include political gains for Merkel as she uses harsh rhetoric against Greece and pushes for even harsher measures of impoverishment.

Also on a personal note, I hate the fact that nationalism is on the rise, here and sadly all over Europe, and I hope, perhaps against reason as things are starting to get out of hand, that this whole rivalry and outbursts of racism will not escalate and will be remembered as a misunderstanding.

1. Germany is involved in numerous Greek scandals, having profiteered through corrupt Greek politicians.

The largest and latest scandal involving German companies bribing their way through Greece was with Siemens. It’s estimated that it cost Greece more than 2 billion. According to testimonials Siemens actually had a sort of “bribing division” so as to be working in Greece.
http://www.spiegel.de/international/business/0,1518,633198,00.html
http://online.wsj.com/article/SB10001424052748704698004576103481318124252.html
http://www.keeptalkinggreece.com/2011/01/25/siemens-scandal-cost-greek-taxpayers-2/

Ferrostaal is another example involving the infamous ‘side tilting’ submarines. The minister of Defense during that deal, Tsochatzopoulos, has actually been restricted from leaving the country, which is ground breaking here since there is a specific law acquitting ministers of pretty much all crimes (the law regarding ministers’ responsibility. Nothing to do with Germany, just mentioning it).
Ferrostaal was fined almost 140 million in a Munich court of law.
http://www.lepointinternational.com...submarine-deals-that-helped-sink-greece-.html

These are only the latest scandals involving German companies bribing so as to get over-priced, no-contest deals in Greece and I could easily find some sources.
Half of Greece is literally built by German companies, a huge part of our infrastructure, including major roads, Athens airport, Athens underground metro system.

2. Germany along with France were forcing Greece to buy insane amounts of military equipment, at ridiculous prices, even as the “bailouts” were seen as needed. They actually demanded this as a term for the loans.

In the following New York Times article Turkey is blaming Europe of forcing Greece to buy weapons and military equipment. http://www.nytimes.com/2010/03/30/world/europe/30iht-turkey.html

Greece Spends Bailout Cash On European Military Purchases:
http://www.zerohedge.com/news/greece-spends-bailout-cash-european-military-purchases

France, Germany Forced Greece to Buy Arms:
http://www.defensenews.com/article/...306/France-Germany-Forced-Greece-Buy-Arms-MEP

http://www.youtube.com/watch?v=V7fnJCmbuPU Daniel Cohn Bendit, French EU parliament member, describes how Greece is given money so it can buy German and French weapons. At 2:20 he mentions some economical details. At 4:20 he talks about military spending and at 4:49 start specific about French and German sales. “we are giving them money so they can buy our weapons.”

3. Merkel and her staff keep being needlessly insulting and condescending in statements, while also demanding deals that serve banks in expense of the Greek people.

The latest idea has to do with a separate bank account that will serve for the debt to be repaid. “Bailout” money would be automatically transferred from the IMF and the ECB to the Banks, through a Greek account, disregarding any other government priorities: http://www.happensingreece.com/?p=2682

http://www.washingtonpost.com/busin...n-bankruptcy/2012/02/06/gIQAbq4UtQ_story.html Essentially all but saying that Greece’s first and foremost responsibility is to pay the banks to the expense of its people and humanitarian crisis that is developing here (see later below if you feel this is an exaggeration).

http://www.sovereignindependent.com/?p=35139 :
In terms of any Western country’s finances, €325m is petty cash. There are private individuals walking around the streets of most capital cities in the world who could write a personal cheque for €325m.
The €325m is not a reason. It’s an excuse.
It’s an excuse to put more pressure on the Greeks by way of more humiliation. In other words, the Germans want to find out how far they can push the Greeks before the Greeks snap and walk out of the euro – leaving Mrs Merkel saying ‘more in sorrow than in anger’ that ‘we did all we could to help, but they decided to leave.’ (Is this German manoeuvre what the shrinks call ‘passive aggression?’ I think so.)

Further humiliation awaits Athens on bailout terms :
http://www.irishexaminer.com/opinio...on-awaits-athens-on-bailout-terms-184009.html

Germany actually asked for a commissioner to essentially run Greece: http://www.bbc.co.uk/news/world-europe-16773974 He would be a ‘budget commissioner’ and have final say as to what must be cut (education, healthcare, etc) so as long as the banks are paid.


http://www.youtube.com/watch?feature=player_embedded&v=PjJEvtVupfA#! Nigel Farage, British EU parliament member, giving a speech about German wanting to impose a Gaultier (Nazi regional commander) and Greece being a colony.


4. Greece is essentially being run by German overseers, more literally than you may think.

Greece's current true ruler is Horst Reichenbach, German head of the TROIKA force here to impose laws and policy.
q82i8.jpg


Hans Hoachim Fuchtel is a German parliament member assigned deputy minister of Greece.
2ry7p.jpg


Greece is seen by many here as being a German colony.
http://www.dailymail.co.uk/news/art...ds-Nazis-picture-Merkel-dressed-SS-guard.html

http://www.youtube.com/watch?v=pry5iL4TIa8 Nigel Farage – Greece under IMF-ECB dictatorship, EU killed democracy in Greece.

5. World War II reparations.

I fully realize how this is seen by many as outlandish, but truth be told Germany never did pay the WWII reparations, relying instead on our corrupt political caste to never demand them. Some see it as ancient history, others claim that there are still living people from that war and its effects very much still apply.

The real issue here is that Greeks feel cheated since Greece never asked for these reparations during Germany’s time of need, while Germany is doing its damnest to protect banks during Greece’s time of need.

http://www.guardian.co.uk/commentisfree/2011/jun/21/germany-greece-greek-debt-crisis

http://www.time.com/time/world/article/0,8599,2093990,00.html

Interview on Spiegal magazine with Albrecht Ritschl, a professor of economic history at the London School of Economics.

http://www.spiegel.de/international/germany/0,1518,769703,00.html
The Greeks are very well aware of the antagonistic articles in the German media. If the mood in the country turns, old claims for reparations could be raised, from other European nations as well. And if Germany ever had to honor them, we would all be taken the cleaners. Compared with that, we can be grateful that Greece is being indulgently reorganized at our expense. If we follow public opinion here with its cheap propaganda and not wanting to pay, then eventually the old bills will be presented again.

6. Occupational loan.

That’s a different issue than reparations. It’s a loan the German Nazi government forced the
Greek puppet government to take during the occupation and provide all money to the Nazi war machine.
That debt was never paid back to Greece, and Greece is actually still paying interest for loans taken to repay that loan. So saying that “let that be history” is hard when this is part of the current debt.

http://en.wikipedia.org/wiki/Axis_o...II#Economic_exploitation_and_the_Great_Famine

7. Irony about Germany defaulting and Greece helping.


There is a sense of a prevalent injustice since 'Germany Was Biggest Debt Transgressor of 20th Century' according again to Albrecht Ritschl. Germany has defaulted 3 times. During the 50s Greece was one of the countries agreeing to not ask for German debts so the country can be rebuilt.


http://www.spiegel.de/international/germany/0,1518,769703,00.html

http://www.guardian.co.uk/global/2011/nov/24/debt-crisis-germany-1931


8. Humiliating articles in German media.


I think it pretty much started with focus magazine:

dCkpC.jpg


And then again with focus:

ppKqU.jpg


A video from a British TV show I found talking about the focus magazine issue: http://www.youtube.com/watch?v=8qF0aBMANTE&feature=related (focus)


Here is an amazing German TV show insulting Greece, making fun about Greece being thrown out of Europe, and ending with an image from an ancient Greek vase showing a Turk fucking a Greek:
http://www.youtube.com/watch?feature=player_embedded&v=epUloNxPnfk

There were many other examples I saw on Greek TV but I can’t find the sources any longer.

Personally I want to point out that I’m perfectly fine with satire in most cases, and I can’t get myself to be bothered by these so much.
But if you look at the larger picture, of people here losing jobs, seeing our nation drugged through the mud, and seeing Germany spearheading all that, you can see how many people went crazy nationalistic over these.

9. Germany waiting to gain for Special Economic Zones in a way that I also agree can only be seen as colonial abuse.

Special Economic Zones:
http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_02/12/2011_417284
http://www.thelocal.de/money/20110722-36467.html

While it’s being presented as positive, as in being an attraction for German investment, creating ‘special zones’ with non-existent worker rights, lower taxation and lower wages pretty much looks like setting up sweatshop zones to many people.

An article about German companies going ‘bargain hunting’ in Greece as prices of public assets drop:
http://online.wsj.com/article/SB10001424052702304906004576369572348921238.html


Meanwhile in Greece:

http://www.guardian.co.uk/world/2011/dec/18/greek-woes-suicide-rate-highest

Suicide rates are going through the roof. That’s an article about 2011, now things are even worse, reading daily about Greek people killing themselves due to losing their jobs or houses.

http://krugman.blogs.nytimes.com/2012/02/06/the-greek-vise/

How much is the troika demanding from Greece? How tight is the squeeze?
The current plan calls for Greece to move into large primary surplus — that is, surplus not counting interest payments on the debt:
That’s a huge swing — and it’s supposed to happen in the face of a deeply depressed economy. Here’s what it implies for real government spending:

Can I say that this looks basically inconceivable?
And here’s the thing: when this started, Greece was running a large primary deficit — which meant that even if it repudiated all its debt, it would still have been forced to make a major fiscal contraction. This is no longer true. So we’re now looking at a scenario in which Greece is forced into killing levels of austerity to pay its foreign creditors, with no real light at the end of the tunnel.

http://economictimes.indiatimes.com...l-crisis-experts-say/articleshow/11144759.cms
ATHENS: Poverty in Greece has risen to new heights under a gruelling recession exacerbated by austerity that has swelled the ranks of the unemployed, the homeless and the destitute, experts said on Saturday.

In comments to Ethnos daily, public officials, senior churchmen and welfare group representatives warned of a brooding humanitarian crisis as official data showed over 320,000 people had lost their jobs in a year.

Athens Mayor George Kaminis told the daily that the city's homeless had increased by around 20 percent while queues at soup kitchens organised by municipal and church organisations were up 15 percent.

"Care workers no longer meet typical homeless people, they meet a person who likely had a perfectly organised life weeks previously," said Kaminis, who has asked for additional state funding for city welfare services.

"We have noticed a dramatic increase in our mess halls over the recent period," added Chrysostomos Symeonidis, head of the Athens archdiocese poverty fund.

"We distribute over 10,000 meals on a daily basis and 250,000 meals are given out nationwide on a weekly basis," Symeonidis said.

Greek unions warn that the number of jobless will exceed 20 percent next year because of the recession and public sector cutbacks demanded by the country's creditors, the European Union and the International Monetary Fund.

The Greek government has pledged to reduce the state payroll by 150,000 people by 2015 but only a fraction will be staff already near retirement.

Greece is in the grip of a four-year recession set to continue next year, bringing the cumulative fall in economic output to 15 percent, according to EU estimates.

Official data this week showed there were over 878,000 people out of work in the third quarter of the year, most of them women and persons aged under 30.

The state statistics agency said the number of employed had fallen to nearly 4.1 million from 4.4 million a year earlier.

"It can be quite hard for young people who can't find work, but imagine the psychological anxiety of someone my age," 60-year-old radio technician George Barkouris, who lost his job just before retirement, told Ethnos.

"Everything shows that the family fabric as we once knew it is fading, those close to us aren't there when you need them the most," said Barkouris, who has children but is now staying at a homeless shelter.

http://www.keeptalkinggreece.com/2011/12/12/cnn-reporvideo-greeces-new-homeless-video-shocked/ CNN report and video on the new homeless of Greece.

http://www.theatlantic.com/business...the-worst-recession-in-modern-history/253128/ Greece on pace for the worst recession in modern history.

So, honestly tell me, if you were living through loss of job, the closing down of businesses, couldn’t feed your family, loss of national dignity, and seeing all of the above regarding Germany, how would you feel and react?
 

Joni

Member
That's just a theory. A relatively prevalent one but also kind of illogical, since it's those same political leaders and their party members who keep voting for the measures, support Papademos, and appear on TV interviews supporting the measures all the time.
A country can only have one prime minister. If he belonged to a party, the other parties could blame him. Now everybody can blame the unelected banker who won't suffer any consequences. The fact the PASOK is losing this much, means the Greeks either realize who caused the problems or are just giving blame instead of realizing the system needed to change.
 

poisonelf

Member
Well, I have no idea who Meus Renaissance is, but let me stress again that the above is an answer as to why the "Merkel=Nazi" images in Greece, where the anger of some Greeks stems from.

It's not supposed to be a total account of German involvement with the issue, for example I know of German politicians in opposition with Merkel speaking against the treatment of Greece, as well as German people against it.

It's also not supposed to be a post detailing the situation of Greece in its totality, there would be about a thousand issues missing.

It does however present a few details I'm sure not many, even Germans, are aware about, but mainly, again, I answer as to "why the anger towards Germany when Germany is only helping".

If you have sources and information showing I left out important details or made mistakes, please correct me and inform me.

EDIT: For example of what I said about German people protesting:

http://www.coalitionofresistance.or...y-with-greece-as-activists-organise-protests/

Solidarity to Greece by German people in Berlin and other cities.
 

Kola

Member
5. World War II reparations.
6. Occupational loan.
7. Irony about Germany defaulting and Greece helping.
8. Humiliating articles in German media.

Starting a discussion on the above topics now (are we a united Europe or are we still in the aftermaths of World War II?), posting dailymail (!) links, and burning German flags is not a very clever thing to do.

This sentence

!! IMPORTANT NOTE: This is not, in any way, an attack against the German people.

sounds more like "I'm not racist, but...", even though I know that this is not your intent.

I have quite a bit of sympathy towards the Grecian people, I mean for them to do well and I see no problem in helping them financially by paying higher taxes, but it is just such a dumb and insensitive thing to do calling Germans "Nazis" and relying on World War II injustices in 2012. This is most probably not the right response. You need the German people to solidarize with you.
 

poisonelf

Member
Just saying it's a bit heavy on the conspiracy side. Makes for an interesting read but I wouldn't base any opinions on it.

Are you talking about the OP or the post about Germany? Or some other post I made?

The only 'conspiracy' I can think of claiming is the post about why media kept on presenting opposite-reality facts about Greek working hours and retirement, where I said I believe this was so public opinion could be swayed to support the measures.

Do you mean something else? Please tell me, I feel I've used sources and facts about all the claims I make, and when something is my personal opinion I try to present it as such.
 

poisonelf

Member
Starting a discussion on the above topics now (are we a united Europe or are we still in the aftermaths of World War II?), posting dailymail (!) links, and burning German flags is not a very clever thing to do.

This sentence



sounds more like "I'm not racist, but...", even though I know that this is not your intent.

I have quite a bit of sympathy regarding the Greece people, I mean for them to do well and I see no problem in helping them financially by paying higher taxes, but it is just such a dumb and insensitive thing to do calling Germans "Nazis" and relying on World War II injustices in 2012.

Well, I tried to answer why there is resentment towards Germany without hiding anything. Doesn't mean I agree with everything.

If you want my personal opinion, I believe that while reparations and the past defaults of Germany are history and should not be 'payed' somehow, Germany should display more understanding towards a defaulting nation.

I disagree with the burning of a German flag more than I can convey here, I believe it's moronic because that implies there is anger towards the people and the nation, instead of anger towards current leadership.

The one of those you mentioned I do care about is the occupational loan. We're still paying this and yes, it's unfair and ridiculous.

My intent is to inform of the situation here and not leave anything out.
 

Joni

Member
If you want my personal opinion, I believe that while reparations and the past defaults of Germany are history and should not be 'payed' somehow, Germany should display more understanding towards a defaulting nation.

Which is why they are investing billions in that defaulting nation instead of kicking it to the curb, throwing it out of the Euro and saving the banks instead of the country.
 

poisonelf

Member
Which is why they are investing billions in that defaulting nation instead of kicking it to the curb, throwing it out of the Euro and saving the banks instead of the country.

Honest question: In what way do you consider Germany investing billions in Greece?

First of all, thank you for saying investing and not giving away. These "bailouts" as they are presented are loans. Germany at this point is borrowing at negative interest rate while loaning at ~4%.

As for throwing Greece out of the Euro, there is no mechanism in place to simply do it. I have no doubt that it's soon to happen and we're going to experience chaos here, but it's a slow process.

If you read one of the articles I linked to, the journalist is claiming exactly that, that because Germany cannot order a member country to leave the Euro zone, they're pushing as harshly as possible so that Greece breaks and leaves by itself:

http://www.sovereignindependent.com/?p=35139

Again, not my theory, it's from the article above.
 
Just saying it's a bit heavy on the conspiracy side. Makes for an interesting read but I wouldn't base any opinions on it.

People are quick to throw the word 'conspiracy' around when something comes along for them that's hard to believe or breaks their molded view of things.
 

msv

Member
sounds more like "I'm not racist, but...", even though I know that this is not your intent.
That doesn't make a sense, but even so, in the following sentence you're doing the exact thing yourself.

I have quite a bit of sympathy towards the Grecian people, I mean for them to do well and I see no problem in helping them financially by paying higher taxes, but it is just such a dumb and insensitive thing to do calling Germans "Nazis" and relying on World War II injustices in 2012. This is most probably not the right response. You need the German people to solidarize with you.
Saying that he's generalizing/stereotyping germans, then go on to do that yourself for both the greeks and the germans.

There's really no thought put behind the posts on this page that are commenting on poisonelf's posts.

joni said:
Which is why they are investing billions in that defaulting nation instead of kicking it to the curb, throwing it out of the Euro and saving the banks instead of the country.
Because the people want it? It's obvious they don't. You're not saving the country if you leave em with an oppressive undemocratic government.
 
If you read one of the articles I linked to, the journalist is claiming exactly that, that because Germany cannot order a member country to leave the Euro zone, they're pushing as harshly as possible so that Greece breaks and leaves by itself:

Which wouldn't surprise me given how badly Germany wanted strict financial controls for eurozone members in the first place. I mean, considering the Andreas Georgiou case would you trust the Greek government to pay their bills? (Ever?)

It just seems like some massive cultural shift needs to happen before things improve...
 

Facism

Member
People are quick to throw the word 'conspiracy' around when something comes along for them that's hard to believe or breaks their molded view of things.

which is usually 95% of the time in the OT.

I appreciate the effort poisonelf is going to, as i'm reading everything he's providing for us. I hope some of the people replying to these threads can start to seperate the Greek people from the traitors and crooks running their country in their "LOL IMA ATTACK A WHOLE RACE IM SO FUNNY AND META" schoolground ignorance parade.
 
People are quick to throw the word 'conspiracy' around when something comes along for them that's hard to believe or breaks their molded view of things.

Yes, it really is quite amazing how reflexively ingrained this reaction has been programmed into people. The term cognitive dissonance comes to mind, as does the expression "you can't handle the truth." Government and media (I repeat myself) are your friends, your fellow citizens are crazy and should not be listened to no matter what evidence they present. Suspend the nagging feeling in the recesses of your mind that trigger critical thinking and discernment and just keep on going through life unquestioning; oh, and pay your taxes. As someone who works for a law firm in DC let me tell you: conspiracy runs the world. People unwilling to accept this are not even viewed as people by the perpetrators.
 
As someone who works for a law firm in DC let me tell you: conspiracy runs the world. People unwilling to accept this are not even viewed as people by the perpetrators.

I have no background in law, but trust me, I firmly believe it. In fact I know, given all the shit I've read and researched for years. The underhanded dealings in this world disgust me.
 

Riddick

Member
People are quick to throw the word 'conspiracy' around when something comes along for them that's hard to believe or breaks their molded view of things.


I couldn't articulate it better myself. Usually whenever new information is presented to someone that challenges his POV which is usually based on mainstream media's narrative, instead of opening his mind he immediately cries conspiracy theory.
 
I have quite a bit of sympathy towards the Grecian people, I mean for them to do well and I see no problem in helping them financially by paying higher taxes,

That's a nice sentiment, but this is part of the problem. You won't be paying higher taxes (if that's true) to help the Greek people. You will be paying higher taxes to help the Greek government's creditors. The Greek people will get nothing but punishment and a destroyed future, at least until Greece regains its independence and begins to rebound on its own terms.
 
That's a nice sentiment, but this is part of the problem. You won't be paying higher taxes (if that's true) to help the Greek people. You will be paying higher taxes to help the Greek government's creditors. The Greek people will get nothing but punishment and a destroyed future, at least until Greece regains its independence and begins to rebound on its own terms.

That's just more nonsense to try and push the Greece is a victim spiel. Greeks made their choices, enjoyed it when it worked for them, and have to live with the consequences of their actions.
 
That's a nice sentiment, but this is part of the problem. You won't be paying higher taxes (if that's true) to help the Greek people. You will be paying higher taxes to help the Greek government's creditors. The Greek people will get nothing but punishment and a destroyed future, at least until Greece regains its independence and begins to rebound on its own terms.

Herein lies the heart of the matter. It's not about the Greek people; when it all comes down to it, it is about the banks.
 
No, this is more of the not accepting personal responsibility for their actions.

If you make a shitty loan to an uncreditworthy person who defaults, isn't taking the loss "accepting personal responsibility" for making a shitty loan?

It sounds like you are saying Greece should default and go on about its business and let its creditors accept full responsibility for their shitty decision-making. I would (mostly) agree. The problem with this scenario, you see, is that it mostly hurts banks and the economically powerful, while Greece would mostly be fine. That is what is unacceptable, hence the "bailout" of Greece, which is really just appeasement of economically powerful interests at the further expense of the Greek people.
 

poisonelf

Member
Herein lies the heart of the matter. It's not about the Greek people; when it all comes down to it, it is about the banks.

Exactly:

http://www.guardian.co.uk/commentis...traying-greece?cat=commentisfree&type=article

When we casually use a term like "bailout", it is important to remember that it is not people who are being bailed out, or at least not the Greek people. The bailout will not save a single Greek life. The opposite is the case. What is being "bailed out" is the global financial system, including the banks, hedge funds and pension funds of the other EU member states, and it is the Greek people who are being ordered to pay – in money, time, physical pain, hopelessness and missed educational opportunities. The relatively neutral, even stoic, term "austerity", is a gross insult to the Greek people. This is not austerity; at best it is callousness.

http://www.telegraph.co.uk/news/wor...ce-wont-see-a-cent-of-the-great-bail-out.html

Almost certainly not. For a start, despite the vote yesterday, the Greeks probably won’t ever see a single cent of that second bail-out. The idea is that the eurozone will lend money to Greece, which it can use to pay off the banks holding its debt, as part of an agreement to save it from outright bankruptcy in March. But when the members of the single currency originally agreed to this second bail-out last year, Greece was not expected to last this long.

Also, a long but enlightening article about the Greek situation. Anyone who has an interest in the situation, or who cares enough to easily make offhand remarks insulting an entire nation, should read it, or at least look it over.

7 myths about the Greek debt crisis by Stergios Skaperdas, Department of Economics, University of California, Irvine

http://www.socsci.uci.edu/~sskaperd/SkaperdasMythsWP1011.pdf PDF WARNING

The Myths as titles:

• Myth #1: Default or “bankruptcy” would be catastrophic for Greece.
• Myth #2: The (EU/ECB/IMF) troika’s objective is to “rescue” Greece.
• Myth #3: The main cause of the crisis is the corruption of Greeks and the Greek State
• Myth #4: If only the Greek government were competent, the targets of the Memorandum would not fail.
• Myth #5: Following the troika’s policies will lead Greece back to prosperity.
• Myth #6: Exit from the Eurozone would be the worst possible outcome.
• Myth #7: In its negotiations with the troika, the Greek government has very little bargaining power.
 
If you make a shitty loan to an uncreditworthy person who defaults, isn't taking the loss "accepting personal responsibility" for making a shitty loan?
No, it's on the person who took the loan and you should be able to do what you can to collect on it. Now you run the problem of collecting, but that could occur with a low risk loan. If the people who wanted and took the loan didn't read the fine print and who look at the consequences that's their own problem.


The problem with this scenario, you see, is that it mostly hurts banks and the economically powerful, while Greece would mostly be fine. That is what is unacceptable, hence the "bailout" of Germany, which is really just appeasement of economically powerful interests at the further expense of the Greek people.
Greek's made their choices (and enjoyed them when it was good) and they should live with them (even when it's bad). The rest of the worlds economics shouldn't suffer because of them.


7 myths about the Greek debt crisis by Stergios Skaperdas, Department of Economics, University of California, Irvine

http://www.socsci.uci.edu/~sskaperd/SkaperdasMythsWP1011.pdf PDF WARNING

The Myths as titles:

• Myth #1: Default or “bankruptcy” would be catastrophic for Greece.
• Myth #2: The (EU/ECB/IMF) troika’s objective is to “rescue” Greece.
• Myth #3: The main cause of the crisis is the corruption of Greeks and the Greek State
• Myth #4: If only the Greek government were competent, the targets of the Memorandum would not fail.
• Myth #5: Following the troika’s policies will lead Greece back to prosperity.
• Myth #6: Exit from the Eurozone would be the worst possible outcome.
• Myth #7: In its negotiations with the troika, the Greek government has very little bargaining power.

Big surprise he's been pushing for Greece to default. So of course he would push this.
 

Kola

Member
That doesn't make a sense, but even so, in the following sentence you're doing the exact thing yourself.


Saying that he's generalizing/stereotyping germans, then go on to do that yourself for both the greeks and the germans.

I'm using poisonelf's statement as regards the view of the Grecian people towards Germany; these were not my words. If you think this is a generalization, you have to address him. The rest of your post doesn't make sense to me.
 

Kola

Member
Well, I tried to answer why there is resentment towards Germany without hiding anything. Doesn't mean I agree with everything.

If you want my personal opinion, I believe that while reparations and the past defaults of Germany are history and should not be 'payed' somehow, Germany should display more understanding towards a defaulting nation.

Not only understanding. Germany needs to change their policy as regards the debt crisis. Merkel is probably leading Europe into a catastrophe.
 

AAequal

Banned
Not only understanding. Germany needs to change their policy as regards the debt crisis. Merkel is probably leading Europe into a catastrophe.
Portugal is good case, it has done everything that the EU and the IMF have asked (for bail money) and things have only got worse. Portugal can't pay the debt back and with these rash measures that are forced on them their economy keeps shrinking and debt keeps growing. I'm actually surprised that Portugal's situation gets no media attention.
 
Are you talking about the OP or the post about Germany? Or some other post I made?

The only 'conspiracy' I can think of claiming is the post about why media kept on presenting opposite-reality facts about Greek working hours and retirement, where I said I believe this was so public opinion could be swayed to support the measures.

Do you mean something else? Please tell me, I feel I've used sources and facts about all the claims I make, and when something is my personal opinion I try to present it as such.

What makes it feel like a conspiracy thread is mostly your own narrative which leads to a failure to remain objective. I'm sure that's a risk you're willing to take though as it invokes emotion.

And when you paint the picture that the police is always wrong, the people are heroes, banks and foreign politicians are crooks etc etc etc. It doesn't sound realistic, even if there probably is some truth to it, not in the black & white way though. The world simply doesn't work that way, the reasons have a tendency to be boring and require a degree in economics/political science/history to even begin understanding.

But please continue. I have no problem of questioning my sources so it's interesting to see it from this point of view.
 

poisonelf

Member
What makes it feel like a conspiracy thread is mostly your own narrative which leads to a failure to remain objective. I'm sure that's a risk you're willing to take though as it invokes emotion.

And when you paint the picture that the police is always wrong, the people are heroes, banks and foreign politicians are crooks etc etc etc. It doesn't sound realistic, even if there probably is some truth to it, not in the black & white way though. The world simply doesn't work that way, the reasons have a tendency to be boring and require a degree in economics/political science/history to even begin understanding.

But please continue. I have no problem of questioning my sources so it's interesting to see it from this point of view.

Trust me, I take no perverse pleasure from starting topics I know are controversial, I know will lead to me being called racist by some, conspiracy theorist by others, knowing I have to be careful with every last word because someone who's offended by the facts I'm providing will tear everything apart to find that little inaccuracy and from then on start calling me out as crazy.
It takes time and sometimes it's quite anxiety inducing.

There are times I fail to remain objective, but on issues that personally rattle me, and I take care to present them as such. For example when I said that I was trembling earlier today when riot police was hunting down high school students with the media ignoring it, I said because that's how I felt, not to evoke emotion.
When talking about specific subjects however I try very much to use sources and images/videos.

If you have sources that refute for example my claims of police brutality or of Greek politicians being -absolute- crooks, please show me. I'm not saying this to start some silly "competition", but because I'd really like to see them.

I know the theory you're referring to, that the world is boring and all "conspiracy theories" are attempts to make our lives exciting.
The thing is that this theory throws together aliens and crab-people along with secret deals of banks and politicians.
If you feel these are pretty much the same and the latter don't happen every other day, you really, really need to read up.

Is that the infamous riot dog? I hope he's alright.

Yes, I think that's lukanikos (meaning sausage-guy), the riot dog. As far as I know he's OK.

Notice also how he's holding the baton upside down so as to cause more damage since the handle is not flexible like the rest part. Also a standard practice.
 
Portugal is good case, it has done everything that the EU and the IMF have asked (for bail money) and things have only got worse. Portugal can't pay the debt back and with these rash measures that are forced on them their economy keeps shrinking and debt keeps growing. I'm actually surprised that Portugal's situation gets no media attention.

there is an article directly above Poisonelf's wall of text on germany about portugal being a "very good boy" in the crisis. it's in ze german sprakke tho
 

AAequal

Banned
there is an article directly above Poisonelf's wall of text on germany about portugal being a "very good boy" in the crisis. it's in ze german sprakke tho

But for how long? So far they done everything they been asked yet Portuguese economy is expected to contract by about 3% in 2012 and that is optimistic sight from economist, some say it's going to be more.

Also Portugal is waking up: Lisbon Protests: More Than 100,000 Rally Against Austerity In Portugal
 

Neo C.

Member
Actually compared to other northern countries, I see Germany as rather moderate. I think other countries are thankful that Germany has been the scapegoat for two years.
 
But for how long? So far they done everything they been asked yet Portuguese economy is expected to contract by about 3% in 2012 and that is optimistic sight from economist, some say it's going to be more.

Also Portugal is waking up: Lisbon Protests: More Than 100,000 Rally Against Austerity In Portugal

Thanks for this link; I had not come across it previously. Perhaps in the not too distant future all of man will grow conscious to the parasitical nature of their governments, realizing that things don’t have to be like this, we don’t have to live like this, we don’t have to go to war, banks are not meant to run the world but are a service industry, poverty nor hunger are not unfortunate necessities, we don’t have to accept that the world cannot be a bountiful place of peace.

Look at how nature flourishes at every opportunity, it should be the same for us. There are more than enough resources for everyone to be happy, and relatively comfortable, but this is not the desire of the less than a basis point of humanity that we all look to as leaders. Imagine if America was not at war. Imagine if we didn’t have military bases on 180+ countries; how much money do we waste on the desires of so few? What is happening in Greece is people waking up to the scam that has been pulled over their eyes. People are not slaves nor are they cattle. They are not serfs to do as they are told. Humanity needs to evolve, it really does; things cannot keep up like this.
 
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