SYRIZA

Careful what you wish for Pandora. A Syriza victory would be a major step in the break up of the Eurozone and a delight for Nationalists all over Europe.

I'm praying for them to win a clear mandate.

Right wingers will also be celebrating.

A party tonight followed by a hangover of massive proportions when the reality sinks in.

Could be an absolute f*cking disaster if they win.

The desperate irony is that if they push their gunboat diplomacy too far, and get kicked out of the euro, the financially savvy elite will be fine, but Joe Public could lose an awful lot. Precisely the reverse of what they're trying to do.

Don't underestimate the dangers of trying to renege on their financial obligations either. There will be nations agitating to kick them out of the EU altogether if they do.

I pity the likes of pandora. I really do. Constantly praying for the true left to assert and stick it up whoever and what will almost certainly happen? If elected once in office they will realise which side their bread has olive oil on and they will fold like a cheap suit. This will be followed by heart rending sobs from dopes like pandora and guffaws from anybody who isn't so blinkered.

he's struggling again must be a quiet day in The Guardian

"Hooray, The Left will triumph in Greece, must gloat on betfair forum.'

5 mins later when informed of ramifications:

'Oh bugger, what a fool I am, better hide for a few days while Syriza unravel the entire European project'

If Gre renege on their debts the UN should send in a task force to chop off everyone's pinky finger. THen next month their ring finger etc etc

syriza win on the bridle

dont think it really matters tbh.

either way they know they can not default.
if they do who will lend them money?

they could raid bank accounts like cyprus did but that not a great idea as it could lead to pannick withdrawing and the collapse of banks inside greece.

think most banks have had enough time now to lower or limit any dangerous exposure to greece defaulting.

if they want to default...let them....they wont though

There will be people queueing up to lend them money g1. Russia will be sending a delegation on the first Aeroflot available.

There will be one hell of a party on the streets of Russia tonight if they can win. I really hope they do. Rub the nose of right wingers all over europe in the sh ite. Fantastic.

Pandoras Great-grandfather c 1917.

If they get chucked out of the euro and have to make a new drachma, could you buy greek property with a mortgage in drachma?  Then the drachma turns to sh1t due to printing money and inflation and your debt turns to nowt and you get a cheap property?

Unless the government bring in a law nationalising all foreign owned property!

any live update sites?

.
http://www.bbc.com/news/world-europe-30975437

Anti-austerity left-wing party Syriza is heading for a substantial victory in Greece's general election, official projections say.

The party is projected to win about 150 seats, just one short of an absolute majority, though officials say that number could change.

http://links.org.au/node/2888

3. Raise income tax to 75% for all incomes over 500,000 euros

Pretty convincing victory. Greeks have spoken

moon

If they get chucked out of the euro and have to make a new drachma, could you buy greek property with a mortgage in drachma?  Then the drachma turns to sh1t due to printing money and inflation and your debt turns to nowt and you get a cheap property?

4 bed villa on the med for £10K in a couple of years when the place is bankrupt

All going to end in tears

they must be gambling they can blackmail Merkel into giving them better bailout terms

Timeo Danaos et dona ferentes.

Bono estente heteteteteth Chrisvaddle.

they must be gambling they can blackmail Merkel into giving them better bailout terms

I reckon they are right but it is  a gamble and Merkel may be looking over her shoulder now in Germany where a growing percentage are beginning to turn eurosceptic.

Worse case scenario, they can all move to Italy Germany and U.K.

Pursuit of new financial resources through efficient absorption of European funds, through claims on the payment of German World War II reparations and occupation loan, and finally via steep reductions in military expenses

the greeks have the gerries by the short and curlies.....think they want their gold back

Have they never considered just getting a job?

they could always lend money from UK money lenders too.

.

Good luck to the people of Greece.

Finally the people have had enough of corrupt politicians and getting screwed by bankers. When will the rest of us wake up and follow suit?

Why would we follow the Greeks who may well have just voted for total devastation.

nothing will change.

SYRIZA

pandora1963
pandora1963
Date Joined:     28 Aug 07
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25 Jan 15 14:10 Joined: 28 Aug 07 | Topic/replies: 18,907 | Blogger: pandora1963's blog
There will be one hell of a party on the streets of Greece tonight if they can win. I really hope they do. Rub the nose of right wingers all over europe in the sh ite. Fantastic.


A truly astonishing opening post, which roughly translates as "It doesn't matter if this new Greek administration wrecks their country, or hastens the demise of the Euro/EU Project, the important thing is that the news will upset some persons who support Right-of-centre policies".

Where have we heard this sort of damaging and self-destructive opinion expressed before?  Funnily enough here in the UK, when a former New Labour adviser gave the game away about Open Door Immigration policy. It wasn't to 'benefit' our country you understand. Far from it. No, it was simply to "rub the Right's nose in diversity".

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http://www.telegraph.co.uk/news/uknews/law-and-order/6418456/Labour-wanted-mass-immigration-to-make-UK-more-multicultural-says-former-adviser.html

Emden 25 Jan 15 21:01 Joined: 07 Jan 08 | Topic/replies: 2,583 | Blogger: Emden's blog

4 bed villa on the med for £10K in a couple of years when the place is bankrupt

No chance of that unless there were some punitive taxes installed.

TiptheOdds

TiptheOdds
26 Jan 15 13:37
Joined:
07 Dec 01
| Topic/replies: 6,629 | Blogger: TiptheOdds's blog
Good luck to the people of Greece.

Finally the people have had enough of corrupt politicians and getting screwed by bankers. When will the rest of us wake up and follow suit?

Seconded. Too many here are brainwashed by the British state's establishment propaganda machine. In other words, the liars who've been conning you all for generations.

Greece lived a champagne lifestyle on a lemonade budget and expect the rest of Europe to pick up the pieces.

Why should we pick up the tab for them not paying any tax?! If we have to suffer austerity measures and have lent them money then them failing to pay it back means we have an even bigger deficit, which is not good news for the British public. Once again it's the know alls like Pandora who know absolutely nothing.

I think I may go for a slap up meal in a fine Greek restaurant near me. When they hand me the bill I shall offer them £1.87 and say 'That's your lot, I am restructuring the deficit balance.'

Wonder if they will be happy with that?!

charwell, you are right only in that the corrupt politicians allowed the big business elites to go without paying their dues to the Greek state, but it had nothing to do with the ordinary people of Greece. This was done under the noses of the ECB who allowed the Greek government to overspend and effectively bankrupt the Greek economy without scrutiny.

In much the same way as the banks in the US gave mortgages to people who could never pay it back it is the big banks and financial institutions of Europe who have been making ordinary Greek people pay the price. Now the people have had enough and who can blame them.

One day the ordinary people in the UK will have had enough of bankers running the show and corporations and millionaires avoiding paying any tax while the rest of us bear the brunt of austerity.

sadly you need 25% unemployment and 50% youth unemployment for the veil to fall from their eyes. Never going to happen in uk.

What protests did the irish make? who has gone to jail in ireland? uk is much the same

yeah, unfortunately I think you´re right brendan. What happened in Greece happened quickly, what happens in the UK is a slow drip drip decline in people´s real income and living standards.

The British establishment know not to go too far too quickly, no big mistakes like the poll tax or open NHS privatisation or National Service, divide the working class and with the help of the mainstream media convince everyone that we are actually doing ok.

The left wing winning party has formed a coalition with the right wing anti-immigration party. How does that work?

Greek retail banks have been giving customers emigration loans to give it a crack in other EU states. In my day job I dealt with one who was degree educated and had taken a rental on the airport side of Newcastle with her 3 children. Provided she could get a job paying above the NI thresh-hold for 3 months ( currently 154/week ) then she can access the gamut of UK benefits, which being bright she would. The loan was for 10000 Euro repayable at around 6% and the funds had come from the Greek central bank, which in turn gets its funds from, you guessed already...

In a sense it's a programme which gives an advantage to the intelligent or credit-worthy, over people less so. A microcosm of many govt programmes ( London Housing Benefit, agricultural subsidies etc ) which advantage people who already have something

I can't see this emigration loans programme keeping its credit line for much longer though.

We arent doing ok. What isnt the solution is electing a cretin whose policies if enacted could lead to total disaster.

He says he is going to give free electricity to everyone in Greece,not a bad start.
They owe 240 billion so perhaps its not a bad idea for them to say we wont pay.
And the united states will lend them all the money they want if they allow the U.S.A.build a teeny weeny army base in their country,with room for expansion from time to time.

Whats the odds he wont actually be able to fulfill 5% of his promises and is history in 2 years.

it will turn into little America in Europe.
And that is a big danger to Europe.so Europe will bow to the pressure and give them a deal.imo

Then all the other EU countries who owe billions will go down the same path as Greece, the best thing to happen would be to dissolve the EU over three years and allow them all to go back to there original currency,
oh wait.!!!, But then the gravy train would dry up for all the unelected bureaucrats,, So perhaps that won't happen.!

germany are in a dodgy position here.

they have to basically give in to greece's demands but i cant see some other eu states liking it.
so they may have to take a larger hit on this....lets call it paying back for raping and pillaging greece during the war.

Crunch time tomorrow for Syriza.  The eyeballing of recent weeks has been fascinating, but it's tough to envisage a scenario that will end well for Mr Tsipras.

hopefully a NO vote....

..then those who lent to Greece so recklessly will have to take a big hit...and share in some of the pain  the ordinary greeks have endured over 4 years.

..perhaps in the future they will take lending decisions based on economic and financial fundamentals rather than a  politics construct.

The problem with a no vote is that it could cause devastation for ordinary Greeks.

...it could....but if Merkel and Schauble want to keep Greece in the Euro...they will have to concede ground...and if they don't...

and Greece leave...then yes there will be even more pain for them in the short term....but with their own currency they can devalue as many in this position have done before them...

..and then at least start on the road to growth and recovery.

..and of course if they leave... and in 2 or 3 years recover at least a little...then the likes of Podemos in Spain may be enboldened....

..will Merkel and Co risk that ?????

G1_Jockey_4    25 Jan 15 17:28 


they could raid bank accounts like cyprus did but that not a great idea as it could lead to pannick



That's the first time I have seen my surname used for the actual word

"..and of course if they leave... and in 2 or 3 years recover at least a little...then the likes of Podemos in Spain may be enboldened...."

Thats a very good point and also a great reason why they wont be allowed to recover quickly. I think its likely it will suit the powers in Europe to see the Greeks suffer for a fair amount of time.
If they dont then others will be dodging their debts and everyone will collapse.

"If they dont then others will be dodging their debts and everyone will collapse."

yes.... and which could also happen if Merkel and co concede ground to keep Greece in ......they concede to Greece to allow them to stay in...and other periphery countries will be asking why they aren't being cut some slack....and may be next in line..

..rock and a hard place springs to mind.

That's the first time I have seen my surname used for the actual word


sry the grammer nazis (no link to adlof) will do their nut....

The Greek people chose the lesser of two evils.

To vote Yes was a guarantee of a decade or more of austerity, savage cuts to public services, privatisation of anything that moves, and eternal servitude to the IMF and European bankers who don´t give a shiit about ordinary people. And probably the dumping of Syriza in favour of the neo Nazis of Golden Dawn.

Voting No will still mean very hard times ahead but at least the Greek people and their government will be able to do what is best for Greece and there will be a light at the end of the tunnel.