“You want fries with that crow, Mr. Tsipras?”
In the end, Greek Prime Minister Alexis “U-Turn” Tsipras did the right thing, the responsible thing – the only thing – he could have done to keep Greece from dissolving off the map and to stave off an economic and bank collapse and riots in the streets.
In the end – and that was the problem.
If he had dealt with the hated, heartless troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) immediately after winning the Jan. 25 snap elections instead of going on an ego trip and dragging out the talks for six months, it would have brought a far less costlier deal for him and his merry band of SYRIZA Communists, anarchists, Trotskyites, Stanlists, Maoists, Che Guevera idolators, Castroites, Chavezites, and lovers of failed Soviet-style Republics who wanted to turn Greece into Venezuela, bread lines and all.
He knew he could never reverse austerity imposed by previous Premiers George “The Money is There” Papandreou who was the then-leader of the now irrelevant PASOK Anti-Socialists, and Antonis “Mr. Bean Counter” Samaras, who paid the price, forced to step down as leader of the New Democracy Capitalists.
So repeat after me …….. They’re …… all …….. the …….. same. Tsipras said he would never negotiate with the troika, would reverse austerity, stop privatizations, wouldn’t call a referendum, wouldn’t close the banks, wouldn’t impose capital controls, and wouldn’t ask for a third bailout – all of which he did.
And instead of negotiating in good faith for a deal he knew was coming, he dragged his heels, held a 60-million euro SYRIZA self-congratulatory referendum to save face – promptly reneging on it – and made pensioners and tourists stand in ATM lines in the heat for hours.
While politicans and the rich used their foreign bank cards that were exempt from capital controls to take out what they want, suckers using Greek banks were allowed a skimpy 50-60 euros, up to $67. Try paying your bills, buying food and living on that.
Tsipras found out that, as Mr. Johnny Cash informed us, “You can run on for a long time, but sooner or later, God (the Troika) is gonna cut you down.” He also learned that when do business with the mob you turn over the keys to the store and the country and pay the vigarish forever.
The delay caused by the referendum in which SYRIZA acolytes and the clueless backed his phony resistance to austerity, also meant that the cost of a third bailout – which would have been around 50 billion euros – became as much as 86 billion euros, about $94.16 billion.
He said Greece couldn’t afford the first two bailouts of 240 billion euros ($262.79 billion) and would never be able to repay it.
He’s still asking for debt relief on that so why did he ask for more debt since he and the SYRIZANs believe debt is the slave tool of the capitalists, bankers, Americans, Jews, Zionists and the anti-leftist conspirators?
The price of procrastination is always double or more and people almost always put off doing what’s difficult in life only to find that the inevitable always comes. Tsipras did too but he put the hurt on millions of people to assuage his ego.
Do not ask for whom the cuckoo clock tolls, Mr. Tsipras, it tolled for thee. This is how delusional these people are: former finance minister Yanis “Dr. Strangelove” Varoufakis – who was forced to quit just ahead of the July 11 vote in which the Parliament surrendered to the Troika – supported the same measures he said he would never sign.
Varoufakis said he would rather “cut my arm off,” than sign the deal he now accepts – at the same time he’s criticizing it. Tsipras tried that dance too, saying “We managed to avoid the most extreme measures.”
Like what? He agreed to almost everything he opposed and got the bones of the hope of debt relief being talked about – after reforms are implemented – and that an oversight board controlling privatization receipts will be in Athens – under troika supervision. He didn’t even get a Pyrrhic victory.
After the 19 Eurozone leaders reached a tentative deal to keep Greece from financial collapse on July 13, Irish Finance Michael Noonan said Greece could have been in a much better situation had it clinched a deal much earlier — like in February, when it faced a first bailout deadline and asked for a four-month extension.
He said: “It would have been much easier to settle this last February, and it would have been much easier to settle this a fortnight ago,” when Greece shocked its Eurozone allies by calling a referendum and seeking to reject their latest proposals.
“From an economic, financial and social point of view it was an absolute disaster, because we all know in democracies that political success and economic success go hand in hand,” he said – except in Greece, which created democracy.
The third bailout – there’ll be another – sealed the fate of 21st Century Greece for decades because the debt is, of course, unsustainable even if everyone pretends it isn’t, and can never be paid back.
But at some point, when that happens, whomever is Prime Minister, can just call for another referendum and ignore it after finding out that Greece will need a fourth bailout.