by Scott Creighton
UPDATE: From Bloomberg News we have an example of the real threat facing the masters of the universe:
…That would challenge the theory that leaving the euro was economic suicide. And it could encourage other members to consider devaluation and default more appealing than life within the euro and so pose an even bigger threat to the currency bloc’s sustainability than if Greece stayed.
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This guy is such a smarmy pompous sleazeball he’s hard to watch, but here he is, Greek Finance Minister Yanis Varoufakis giving an interview in which he claims he would rather cut off his right arm than sign THIS deal with the Troika. He says he will resign if the people vote YES for austerity. Of course, he also says the Prime Minister is of the same mindset without mentioning the fact that the letter he sent to the Troika basically agrees to the deal almost 100%.
Notice at the 6:20 mark in the video he quickly makes a little statement “I believe in the independence of the central banks” meaning, he believes in the sanctity of privately owned and operated central banking systems. He kinda tosses that in the conversation when asked directly about what he thinks the ECB will do if there is a “NO” victory on Sunday.
Yanis was rather disingenuous during his interview, at one time saying it was the Troika that blackmailed the people of Greece by shuttering the banks this week when in fact, it was the Greek government that did that. Being Greece’s finance minister, he certainly knew that.
The curbs on banking imposed by Greece on Sunday are known as capital controls, which are used only at times of extreme stress in a banking system. Greek officials said that banks will stay shut through July 6, and that daily withdrawals would be limited to 60 euros, or about $67. The stock exchange will remain closed for the same period. CNN Money
He has states that it’s clear the “NO” voters will win yet in his letter he penned to the masters of the universe this past Sunday, he made it clear he fully expected the “AYES” to have it. This is how he concluded his letter:
Colleagues, refusing to extend the loan agreement for a few weeks, and for the purpose of giving the Greek people an opportunity to deliberate in peace and quiet on the institutions’ proposal, especially given the high probability that they will accept these proposals (contrary to our government’s advice), will damage permanently the credibility of the Eurogroup as a democratic decision making body comprising partner states sharing not only a common currency but also common values. Yanis Varoufakis
It seems to me they are starting to realize their little referendum trick isn’t going to work the way they thought.
Earlier I had written an article about Alexis Tsipras’ letter of concession supposedly sent to the Troika this past Tuesday when they officially defaulted on the IMF loan. I put forward two ideas regarding the validity of the letter: one, that it was written by Tsipras and therefore a betrayal of the mandate the Greek people set when they elected Syriza to end the brutal austerity plan and two, the idea that it was a fraud designed to break the will of the people.
Turns out it seems to be legitimately from the Greek government. Not only are they not up in arms about it, screaming that it was a fraud, but in an interview later this week, the Greek finance minister seemed to admit the letter was part of new negotiations and hinted that a deal was currently in the works.
Varoufakis, who has promised to resign if Greeks vote yes, said the government had been in discussions with its European creditors this week and that a deal was “in the offing”. Guardian
Varoufakis and Tsipras have both made it very clear, a “NO” vote will not mean that Greece moves out of the Eurozone and declares the IMF debt as odious, making way for the nationalization of the banking system and taking other steps to undo the damage heaped upon the backs of the Greek people. Instead, they both claim a “NO” vote will simply mean they have more bargaining power to sign a new debt-slavery deal with the Troika with slightly better terms.
So I guess sometimes “NO” doesn’t really mean ‘NO”
So where do the people stand at this point?
The latest polls show that Greece is split down the middle, raising the prospect of a narrow win for either side pushing the country into deeper political turmoil. In one poll for Ethnos newspaper, the yes side have a narrow lead, with 44.8% of people ready to vote for the creditors’ proposals and 43.4% wanting to vote no, with 11.8% undecided.
Another poll commissioned by Bloomberg put no at 43%, compared with 42.5% for yes. That poll, conducted by the University of Macedonia, has a margin of error of 3%, suggesting that the result is too close to call. Guardian
Perhaps after reading the polls which claim it’s “too close to call” at this point, TMOTU have decided the PR value of getting the people to vote for their own demise isn’t worth the risk of letting them vote against it. With poll results like these, the banksters and the international globalist cartels who routinely keep their thumbs on the scales to tip the odds in their favor, may simply wish to scrub the idea and go with plan b: Syriza signs a deal regardless of the will of the people.
That may explain another little tidbit of interesting news that’s breaking this morning: Greece’s high court is going to rule on the constitutionality of the referendum.
Greece’s highest administrative court will rule on whether the country’s bailout referendum violates the constitution, amid growing concern that the hastily organised (sic) vote falls short of democratic standards. Guardian
Yeah, that’s right. Now that they are starting to worry about the vote “going the wrong way”, it seems the reactionary court might step in and save the day.
There will be rallies all over Greece today. Some for the “NO” group, some for the “YES”
It should be easy to figure which is which. The “NO” marches will be larger and the “YES” marches will feature the well-dressed upper middle classes, the bourgeoisie and the petty bourgeoisie of Greek society. In the “NO” camps you’ll find the working poor right alongside the unwashed masses, the millions of Greeks forced to bear the brunt of the 5 year austerity plan which has already caused an estimated 11,000 suicides in the country.
It’ll be interesting too see what Syriza does if the court cancels the referendum. And by “interesting” I mean “predictable” especially in light of the fact that they have already conceded everything TMOTU have asked for.
If the court does cancel the vote that will just go to show you can’t have a democracy in a country anymore if the outcome isn’t pre-determined and favors the super wealthy. Such things just aren’t allowed. It used to be that was only in the case of little 3rd world countries where the CIA seemed to spend an awful lot of time in the lead-up to various “elections” but now apparently it’s standard fare everywhere.
We’ll see how it goes.
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