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Greece’s financial Thermopylae. Is it time for Tsipras to kick the EU oligarchs into the well?

David Stockman: History In the Balance: Why Greece Must Repudiate Its “Banker Bailout” Debts And Exit The Euro

Greek Finance Minister Yanis Varoufakis has the weight of history on his shoulders as he makes the rounds of European capitals this week. His task in not merely to renounce the ham-handed “austerity” dictated by the Troika. Apparently even the French are prepared to acknowledge that the hideous suffering that has been imposed on Greece’s less fortunate citizens must be alleviated. Yet the latter is only a symptom of what’s wrong and what stands in the way of a real solution.

The true evil started with the bailouts themselves and the resulting usurpation by the EU politicians and apparatchiks of both financial market price discovery and discipline and sovereign democratic prerogatives. Accordingly, the terms of Greece’s current servitude can’t be tweaked and “restructured” within the Brussels bailout framework.

Instead, Varoufakis must firmly brace his interlocutors on the true history and the condition precedent that stands before them. Namely, that the Greek state was effectively bankrupt even before the 2010 bailout, and that the massive amounts of debt piled upon it thereafter was essentially a fraudulent conveyance by the EU.

References:

http://www.zerohedge.com/news/2015-02-02/history-balance-why-greece-must-repudiate-its-banker-bailout-debts-and-exit-euro

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HatHooi
February 3, 2015

RT @redpilltimes: #Greece’s financial Thermopylae. Is it time for #Tsipras to kick the EU oligarchs into the well? http://t.co/dxL2tYDgct

ThornyBastard1
February 3, 2015

RT @redpilltimes: #Greece’s financial Thermopylae. Is it time for #Tsipras to kick the EU oligarchs into the well? http://t.co/dxL2tYDgct

Zed_Ned
February 3, 2015

RT @News_World_: ##Greece’s financial Thermopylae. Is it time for Tsipras to kick the EU… http://t.co/3wY31Ej39e #notizie #news http://t.co…

News_World_
February 3, 2015

##Greece’s financial Thermopylae. Is it time for Tsipras to kick the EU… http://t.co/3wY31Ej39e #notizie #news http://t.co/Abdj0xMCWp

CoombesMostyn
February 5, 2015

RT @4thAnon: Greece’s financial Thermopylae. Is it time for Tsipras to kick the EU oligarchs into the well? http://t.co/YpnsT7XDf7

4thAnon
February 5, 2015

Greece’s financial Thermopylae. Is it time for Tsipras to kick the EU oligarchs into the well? http://t.co/YpnsT7XDf7

sloth4800
February 7, 2015

RT @redpilltimes: #Greece’s financial Thermopylae. Is it time for #Tsipras to kick the EU oligarchs into the well? http://t.co/dxL2tYDgct

whatevernatybsb
February 7, 2015

RT @redpilltimes: #Greece’s financial Thermopylae. Is it time for #Tsipras to kick the EU oligarchs into the well? http://t.co/dxL2tYDgct

NewsCoverUp
February 7, 2015

RT @redpilltimes: #Greece’s financial Thermopylae. Is it time for #Tsipras to kick the EU oligarchs into the well? http://t.co/dxL2tYDgct

sloth4800
February 7, 2015

RT @doogiewoogie1: Kick the oligarchs out? http://t.co/XvR8qPvUNa

doogiewoogie1
February 7, 2015

Kick the oligarchs out? http://t.co/XvR8qPvUNa

Phil
Phil
May 21, 2015

Warning to all Greeks. This is a fake Greek website setup to push
foreign policy of another country.

They give it away by calling Skopje
“Macedonia” and hiding their identities in whois.

If Russia is Ukraine’s enemy then why are 1.2 million Ukrainian men seeking refuge in Russia?

DPR Prime Minister, Zakharchenko, explains in very simple terms why the US/EU backed Ukraine army will never defeat the people of Novorussia