Monday, October 5, 2015

Greece's Rigged Vote Narrative

Oh, how the tone of the banker's press has changed since Tsipras capitulated to the bankers. He's now the boy wonder.

"Political stability is the focus of latest Greek vote" by Nicholas Paphitis Associated Press  September 19, 2015

ATHENS — Both front-runners, the radical left Syriza party and the center-right New Democracy party, accept, with varying degrees of grace, the new tax increases and reforms that international creditors have demanded to keep Greece afloat.

"Radical left" and "center-right' agree, huh? Then those terms don't mean anything.

‘‘Given that the [third bailout] has been voted by an overwhelming majority of members of the Greek Parliament, there is nothing at stake in these elections,’’ said Dimitri A. Sotiropoulos, assistant professor of political science at the University of Athens.

Then why bother voting?


Former prime minister Alexis Tsipras, 41, performed a remarkable U-turn under duress, dumping the antiausterity platform that brought him to power in January.

The first stench of a rig job, and let's face it, the legitimate election is a rarity these days.

To avoid bankruptcy, social meltdown, and an exit from Europe’s monetary and political union, he agreed to a third $97 billion bailout with tight strings attached — triggering a party revolt that cost him his parliamentary majority. 

That revolt that split the party apparently dissolved right down the memory hole.

In what might prove a big miscalculation, Tsipras then called an election to boost his majority. Until July, Syriza was much more popular than New Democracy, for which the ratings rose under interim leader Vangelis Meimarakis, 61. The gap has shrunk massively and an outright majority is out of either party’s reach....

Most likely, a three-party coalition will be required — and should be quite easily achievable with help from two small centrist, pro-European parties. A total of nine parties could enter Parliament in this vote, including the Nazi-inspired, ultra-right Golden Dawn party that came in third in the last election and is still polling high.

Whenever the Jewish press trashes someone with such slurs I suspect they are okay. True fa$ci$m is what governs AmeriKa today, not that mislabeled nationalism from my history books.

J.P. Morgan analysts Malcolm Barr and Aditya Chordia said in a note that coalition talks may be difficult, but cannot take too long, as bailout creditors are to review the country’s reform progress next month.

Yes, the Na$is of today were tailored suits and ties.

Over the next couple of months, Greece has to draft the 2016 state budget and a three-year fiscal strategy, double taxation on farmers, reform its pension system, merge all social security funds, and privatize its electricity transmission system.

Also, by the end of the year, it must oversee a bank recapitalization program, without which depositors with over $113,000 in their accounts will be forced to chip in. 

It's everything the alternative media has been saying. The deal is everything the banker's wanted with average citizens also having their savings stolen.

Megan Greene, chief economist at Manulife Asset Management, said there is little chance the immediate targets can be met, meaning creditors will end up back at the negotiating table. She said new talk will arise of Greece possibly being forced out of the 19-nation euro currency club.

Not with the migrant crisis demanding a united response.

Greece has survived on international bailouts since 2010, when it lost access to bond markets after running — and keeping quiet about — a huge budget deficit.

Then a $ociali$t took over and, well, you know the rest.

Syriza’s defection to the probailout camp has taken much of the sting out of a debate formerly peppered with accusations of treason and kowtowing to creditors. One remaining advantage for Tsipras, despite his signing of the third bailout, is that he is still considered the new kid in town, and an agent for reform.

Oh, that made me want to puke, and it is where the print ended!

One remaining advantage for Tsipras, despite his U-turn and signing of the third bailout, is that he is still considered the new kid in town. He has campaigned on the theme of new versus old, clean versus corrupt, the likable youngster against the cynical representatives of the old regime. 

Praying to the porcelain God now.

‘‘I will vote for Syriza, because that’s the only chance for this place to get cleaned up from the dirt that was established in 1974 by all the parties,’’ said retiree Vassilis Betzelos.

‘‘I will give a second chance to Mr. Tsipras,’’ concurred tourism worker Despina Savvidou.

Teneo Intelligence analyst Wolfgango Piccoli said the campaign has highlighted both parties’ ‘‘manifest inability to put forward credible policies,’’ adding that the overall prospects are gloomy.

‘‘In the best-case scenario, another phase of improvisation, hesitation, missed deadlines and much political wrangling will follow the calm of what has been a singularly apathetic election campaign,’’ he said.

Polls indicate many of the 9.9 million voters remain undecided or may not vote at all.

Yannis Xerakias, an unemployed shipyard worker in the depressed Athens suburb of Perama, said Tsipras ‘‘proved to be a hot potato, just like the rest of them all of these years.’’

‘‘As for what I’ll vote for on Sunday?’’ he asked. ‘‘My bed. I will enjoy it.’’


And the winner....

"Greeks return Alexis Tsipras to power" by Suzanne Daley New York Times   September 21, 2015

ATHENS — Alexis Tsipras, who won election as Greece’s prime minister in January on an anti-austerity platform that he was later forced to abandon, was returned to power by Greek voters Sunday, many of them saying that he had fought hard to get them a better deal from the country’s creditors and deserved a second chance at governing.

With more than 80 percent of the vote counted, Tsipras’s left-wing Syriza party led with 35.5 percent to 28.3 percent for New Democracy, the main right-leaning party. The third largest number of votes was for the Golden Dawn, a neo-fascist party, which received 7 percent, about 1 point higher than in January’s election.

I'll bet they also oppose private central banking.


By calling last month for elections, Tsipras had gambled that he could consolidate his power and rid his Syriza party of its more radical elements — members who refused to support the measures Greece’s creditors were demanding.

Apparently they came right back into the fold with the 35% total. 

What a steaming stink of a stench on this one.

At first he seemed to maintain his popularity among Greek voters just for having fought so hard. But in recent days crowds at his rallies were anemic.

And yet somehow the sell-out won big against all odds! 


Outside the polling station in the working-class neighborhood of Koukaki, many voters said they still applauded Tsipras’s gumption even if he had failed to change Greece’s relationship with the creditors. More than that, they said they liked his youth and his distance from the corrupt politics of the past, which they said served the interests of Greeks oligarchs rather than those of the average citizen.

So I'm being told by a medium I no longer believe.

“He is much younger, more spontaneous,” said Costas Kapnisakis, 64, a retired math teacher, who voted for Tsipras. “He is more dynamic, more confident. I am disappointed about the U-turn, of course. But I still think he is better than the old ways.”

Giannis Papadopoulos, 30, and his wife, Maria, 29, said they wanted to give Tsipras a second chance, too. Others, however, disagreed vehemently. As they talked about their support for Tsipras, an elderly voter passed by and expressed her opinion. “A second chance to take us to hell,” she yelled.

The next government will need to continue implementing deep economic reforms required by the bailout agreement Tsipras brokered in August, a recapitalization of the country’s banks, and the unwinding of capital controls.

A misstep could send the country crashing out of the eurozone. Greece’s relations with Europe are in a fragile state, and several of its leaders are showing impatience, unlikely to tolerate the foot-dragging of past administrations. Under the terms of the bailout, Greece must pass dozens of laws before the end of the year, many of them measures that were supposed to be passed years ago.

Looks like a THREAT!

Tsipras has said that he did not want to enter into a coalition with the two parties that had ruled Greece for the last 40 years, New Democracy and the center-left PASOK party. Tsipras’s party won enough seats to keep him from having to, Syriza officials said....

Oh, STINK!!!!


Also seeAlex Tsipras becomes Greek leader for second time

He either "pulled off a remarkable gamble," or the game was fixed.