Greeks PM decides to let the people decide if they want to accept the bank deal for their country http://money.cnn.com/2011/11/01/news/international/greece_debt_referendum.cnnw/index.htm?iid=EL
Ah, voting power to the people. Good for him. It's an anomaly that Zionists will not want to see copied Seriously, it's a brilliant move for Greek freedom from European bureaucracy and the tyranny of the bankers. Dump the euro. The drachma is a far nobler currency. Prettier too.
you know i was thinking the same thing. completely caught the EU by suprise there were like how could you do that. let the average citizen vote on something like this.
my first inclination is that it will be a simple Yes or no vote. what they could do is a yes, no, or a yes with changes and then debate those changes in parliament. the problem with a referandum I would find is that it would make the ballot 200 pages long possiably and much to confusing for the average greek to vote on properly.
I mean do you think that the Greek PM will be permitted to put it to the country ? --as opposed to being assassinated or sectioned by Brussels
ahh.... i think he will.... they said he had enough votes in parliment to get it through so yea it will be on a ballot that is for sure.
one thing i due find disconcerning is that they permitted greece in the EU but still refuse turkey. i may be wrong on this, but doesnt turkey have a more virbrant economey then greece?
Bailout is a disaster, so is default, so is separation with the EU. Greece has no good options, it does not even have bad options, it has catastrophic options to choose from only. 50% of the Greek people don't want the bail-out, 70% want to stay in the EU and 99% don't know the first thing about finance and economics. Get the popcorn ready. It's a brilliant move indeed, given Greece's bleak future prospects, it absolves the Greek government of any responsibility. Democracy is great...it can be a very convenient thing too.
While turkish economy is booming its GDP per capita is still a fraction of that of Greece (let alone more prosperous euro countries). The reasons are not economic though, Turkey is a major human rights violator and an aggressor.
rather insightful actually.... you are probably right the PM did it so he could absolve himself of the hell to come. he can always come back and say "hey morons YOU VOTED FOR THIS, not my fault"
if you look back far enough.... ALL the countires in the UN have been major human rights violators and/or aggressors.
well for one, no EU country did little if anything with regards to Crisies in Darfur, Rwanda or Sierra Leon. wouldnt you say that ignoring those crisies is a violation of human rights?
Again, do you really believe that the Greek people will be permitted to speak ? What's the price of parliamentary vote in Greece ?
Spot on. "Ask the people what they want" means please reelect me! The Greek leadership can be the good guys whereas the big bad Euros want to cut their paychecks. Nice move Greece, especially after Merkel got flack for forcing a new plan through to save your feta asses!
Merkel dances to the Zionist tune. The Greeks are well advised to resist any proposal Merkel backs- if they get the opportunity.
Not just Germany, many countries are in high risk to save Greece and that should not be turned down by its citizens
Removing a crumbling pillar will only cause the whole building to collapse, all they can do know is assist it as much as they can, unless the greeks themselves choose to destroy that building that is....
Absolute idiot (the PM). We know we can't trust voters to make informed decisions, let alone uninformed decisions which most voters are. So the vote may well be against the best decision for Greece and the EU. IMO the Euro is a fairly stupid thing for all these countries to take on, considering the difference in GDP and debt... but then I'm no economics expert...
Papendreou may not realize it, but he has guaranteed that Greece will go through a disorderly default and that Greece will be thrown out of the Euro and perhaps the European Union as a whole. His motivation was to try and save his political neck by forcing Greeks to admit it wasn't all his fault that austerity measures are/will be implemented under the plan by voting in a referendum (presumably with a very cleverly worded question). The problem is that he has no real time and Europe has lost patience with Greece and the Greeks and their politicians. The odds are good that a default will precede such a referendum, and if the now announced referendum is called off that will be equally catastrophic. The EU, if they were smart (and by the way they have handled this whole crisis they obviously are not smart), should cut Greece loose right now in such a way that the damage to Europe is minimized and the pain to Greece is maximized. The next country in line (Spain?) will think twice if they have a horrific example in front of them to remind them of the consequences of not getting their house in order, and if a bigger economy messes up its debt to the extent Greece did Europe may not be able to deal with the result.
Greece is inconsequential compared to the rest of the EU. Just the fact of adding them to the EU was more of a burden than a blessing. The EU would come out ahead by letting them go, and Greece would be better for it since they'd be forced to reform themselves rather than directing their anger at the EU.
