Sunday, 6 November 2011

Papandreou pays for referendum blunder

I’ve been playing about with twitter – see here – while watching the news from Hellas. I’m not too sure how twitter works yet or its value and I’m even less certain that things for Greece are any brighter now that Giorgos Papandreou, after his massive referendum blunder, has agreed to step down and the man who took Greece into the euro, former head of the Bank of Greece, Lukas Papademos, who said the best thing about the euro was how it protected its weaker economies from global shocks, will (apparently) take over as PM, albeit temporarily, until the 26 October haircut deal is secured after which general elections will be held, in February or March. I don’t like the idea of national unity or coalition governments – conflict and disagreement are the be all and end all in politics –  and am not impressed by the way the one taking shape in Greece has essentially been foisted on the country by the European Union, which demanded that the two main parties, at least, support a new government to prove that Greece was serious about implementing its ‘obligations’ arising from the 26 October deal.

* The photo above shows Papandreou, President Karolos Papoulias and opposition leader Antonis Samaras discussing today how exactly to bring about the demise of the Pasok government.



3 comments:

lastgreek said...

Asta la vista G-Pap.

Hello L-Pap ... a bankster.

lastgreek said...

I’ve been playing about with twitter – see here – while watching the news from Hellas.

Some funny stuff I see, J ...

Only sadists, nihilists and Leninists would welcome a Greek default: http://t.co/F2U1EBoQ

Really funny stuff. Whoever wrote that tweet should have his/her right to vote revoked (if that were possible).

There is nothing more capitalist in a free market economy -- yes a free market -- than the ability to discharge bad loans in bankruptcy court. (Key phrase: bad loans)

lastgreek said...

...and the man who took Greece into the euro, former head of the Bank of Greece, Lucas Papademas, who said the best thing about the euro was how it protected its weaker economies from global shocks, will (apparently) take over as PM ...

Yet, L-Pap is not a dummy.

According to his wikipage, the L-Pap holds a degree in physics from M.I.T. (not a dummy learning institution in the least), a masters in electrical engineering, and a doctorate in economics.

So, no --- he is not a dummy.

Then why such dumb statement?

Because L-Pap is a "yes man." An opportunist if you will. This guy wouldn't know principles if they run over him in a M1-Abrams tank!

How much money would it take for someone here to sell out the Greek nation? Anyone here have a price?