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German newspaper editor for Die Zeit calls it…Tsipras won. Even if Greece leaves Eurozone, it stays in EU with ‘access to zillions of money’

The editor of a major German newspaper, Die Zeit, believes Tsipras’ “very clever game of chicken” will almost certainly pay off.

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Is it game theory at its best?

Is this why Alexis Tsipras and Yanis Varoufakis were so relaxed throughout this whole process?

Perhaps the only reason Tsipras is actually working to strike a deal with creditors is because he has been given a cleat mandate by the people…negotiate a better debt deal, but do not leave the Eurozone.

So Tsipras is negotiating to get a debt deal that, at its best, eases five years of austerity, but at its worst does not mean a Grexit…but even at its worst one fact should be emphasised, Greece will remain in the European Union.

Let’s emphasise this again. Even if Greece leaves the Eurozone (the currency union) it will remain in the European Union, and that means access to all the benefits of the EU without the terror of the currency.

Merkel knows this. Hollande knows this, and this is why German newspaper editor of Die Zeit, Josef Joffe, believes the EU will eventually blink…and even if it does not blink, which is possible knowing the poor calibre of leader Merkel is, Tsipras and Varoufakis may actually have the last laugh.

The free market will ensure that whatever Greece lacks, due to its past Euro import-dependant economy, its future “drachma” economy will find ways to substitute and this will snowball into big time growth.

Via CNN:

…the editor of a major German newspaper, Die Zeit, believes Tsipras’ “very clever game of chicken” will almost certainly pay off.

German Chancellor Angela Merkel “knows she does not want to have a dead body on her hands — not in Europe, not in her Europe,” Josef Joffe told CNN’s Christiane Amanpour on Monday.

“German threats, and everybody else’s threats, are not credible.”

There will be no Grexit, neither enforced nor voluntary,” Joffe said, using the shorthand term for a Greek exit from the eurozone. “The simple reason, which many people don’t understand, is that even with a Grexit, Greece still remains in Europe, and therefore it will have access to all kinds of zillions of money…The only thing that will change is the spigots where the money runs through.”

There appears to be some splintering of resolve among the so-called “institutions” — the Europeans, the European Central Bank and the International Monetary Fund.

French President Francois Hollande took a somewhat softer tone after meeting with Merkel in Paris on Monday, and the IMF has bucked the line by releasing a preliminary report last week that admitted Greece would likely need the debt relief its government is so desperately trying to get.

“They said, listen, boys and girls, Greece cannot pay,” Joffe said. “If the IMF tells you that, that’s a resounding victory for Tsipras.”

European leaders — despite their, by varying degrees, hardline rhetoric — understand that the country will collapse without an injection of money, he said.

“Merkel knows that; Hollande knows it; and, above all, who else knows this? Tsipras.”

“He has told Europeans, ‘You know what? Come and punish us. You’ll punish yourselves even more. Do you really want to collapse your economy? Do you really want chaos in the streets? Do you want another storm on the Bastille? You don’t, do you?’

“Nobody wants to be in the position where he cuts his nose to spite his face.

“And that’s why it is my considered bet that the Greeks have won this game of chicken. Wait a few days and you’ll see.”

References:

http://edition.cnn.com/2015/07/07/world/greece-joffe-amanpour/

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ABC’s Ted Koppel admits mainstream media bias against Trump [Video]

The mainstream news media has traded informing the public for indoctrinating them, but the change got called out by an “old-school” journo.

Seraphim Hanisch

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Fox News reported on March 19th that one of America’s most well-known TV news anchors, Ted Koppel, noted that the once-great media outlets like The New York Times and The Washington Post, have indeed traded journalistic excellence for hit pieces for political purposes. While political opinions in the mainstream press are certainly within the purview of any publication, this sort of writing can hardly be classified as “news” but as “Opinion” or more widely known, “Op-Ed.”

We have two videos on this. The first is the original clip showing the full statement that Mr. Koppel gave. It is illuminating, to say the least:

Tucker Carlson and Brit Hume, a former colleague of Mr. Koppel, added their comments on this admission in this second short video piece, shown here.

There are probably a number of people who have watched this two-year onslaught of slander and wondered why there cannot be a law preventing this sort of misleading reporting. Well, Russia passed a law to stop it, hitting dishonest media outlets in their pocketbook. It is a smart law because it does not advocate imprisonment for bad actors in the media, but it does fine them.

Going to prison for reporting “the truth” looks very noble. Having to pay out of pocket for it is not so exciting.

Newsmax and Louder with Crowder both reported on this as well.

This situation of dishonest media has led to an astonishing 77% distrust rating among Americans of their news media, this statistic being reported by Politico in 2018. This represents a nearly diametric reversal in trust from the 72% trust rating the country’s news viewers gave their news outlets in 1972. These statistics come from Gallup polls taken through the years.

 

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Lori Loughlin’s daughter was aboard USC official’s yacht in Bahamas when mom was charged

Lori Loughlin’s daughter was on the yacht of USC’s Board of Trustees when her mom was accused in scheme.

The Duran

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Via Fox News


Lori Loughlin’s daughter Olivia Jade Giannulli was spending spring break on a University of Southern California official’s yacht when her mother was accused Tuesday of involvement in a college admissions scheme, reports said.

Giannulli, 19, was on Rick Caruso’s luxury yacht Invictus in the Bahamas, a report said. Caruso is chairman of USC’s Board of Trustees.

Giannulli, who currently attends USC, was with Caruso’s daughter Gianna and several other friends, the outlet reported.

“My daughter and a group of students left for spring break prior to the government’s announcement yesterday,” Caruso told TMZ. “Once we became aware of the investigation, the young woman decided it would be in her best interests to return home.”

Loughlin’s daughter has since returned to Los Angeles to face the allegations that could result in her getting expelled from USC.

USC’s Board of Trustees will not decide the status of Giannulli and the other students involved in the case, but rather, the university’s president will make the decisions, according to TMZ.

Business deals in jeopardy?

Giannulli is a YouTube beauty vlogger and social media star, but in the midst of her mother’s charges, she may lose the lucrative brand-sponsorship deals she has landed over the years, Variety reported.

HP, having cut ties with Giannulli, said in a statement, “HP worked with Lori Loughlin and Olivia Jade in 2017 for a one-time product campaign. HP has removed the content from its properties.”

Giannulli also cut brand deals with partners including Amazon, Dolce & Gabbana, Lulus, Marc Jacobs Beauty, Sephora, Smashbox Beauty Cosmetics, Smile Direct Club, Too Faced Cosmetics, Boohoo, and Unilever’s TRESemmé, the report said.

Giannulli’s rep declined to comment, Variety reported. Estée Lauder Companies, which owns Smashbox and Too Faced, also declined to comment, while the other brands or companies the magazine reached out to did not immediately respond to their requests for comment.

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$250M Lawsuit Against CNN Imminent; Covington High MAGA Student Suffered “Direct Attacks”

CNN will be the second MSM outlet sued over their reporting of the incident, after Sandmann launched a $250 million lawsuit against the Washington Post in late February. 

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Via Zerohedge


CNN is about to be sued for more than $250 million for spreading fake news about 16-year-old Covington High School student Nicholas Sandmann.

Sandmann was viciously attacked by left-leaning news outlets over a deceptively edited video clip from the January March for Life rally at the Lincoln Memorial, in which the MAGA-hat-wearing teenager appeared to be mocking a Native American man beating a drum. Around a day later, a longer version of the video revealed that Sandmann did absolutely nothing wrong – after the media had played judge, jury and executioner of Sandmann’s reputation.

CNN will be the second MSM outlet sued over their reporting of the incident, after Sandmann launched a $250 million lawsuit against the Washington Post in late February.

Speaking with Fox News host Mark Levin in an interview set to air Sunday, Sandmann’s attorney, L. Lin Wood, said “CNN was probably more vicious in its direct attacks on Nicholas than The Washington Post. And CNN goes into millions of individuals’ homes. It’s broadcast into their homes.”

They really went after Nicholas with the idea that he was part of a mob that was attacking the Black Hebrew Israelites, yelling racist slurs at the Black Hebrew Israelites,” continued Wood. “Totally false. Saying things like that Nicholas was part of a group that was threatening the Black Hebrew Israelites, that they thought it was going to be a lynching.”

Why didn’t they stop and just take an hour and look through the internet and find the truth and then report it?” Wood asked. “Maybe do that before you report the lies. They didn’t do it. They were vicious. It was false. CNN will be sued next week, and the dollar figure in the CNN case may be higher than it was [against] The Washington Post.”

Watch: 

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