Today there was an article that appeared on the Stratfor news service website (subscription only) entitled, Greece's Weighty Decision, saying “There is no doubt that it is a hard time to be Greek” because the Greeks are a “bewildered population” over the emerging “revelations” over the announcement by the Greek Prime Minister’s announcement on “national television that a referendum would be held July 5 on the bailout terms that had been offered by Greece's creditors”, and a later announcement “that Greece's bailout would not be extended beyond June 30.”
Alas, the Greeks, who like a spoiled child who has lived off daddy’s credit card for decades, are being asked to decide if their creditors are being “fair” by demanding they begin to take some responsibility for their actions.
Well, I would like to know who wrote the Book of Fair? There is no Book of Fair! As is often the case “fair” depends on whose ox is being gored. Fair is in the eyes of the beholder and in this case these spoiled angry children, who’ve rioted in the streets demanding the gravy train never stop, and have lived off the hard work of others are asked if it’s “fair” they have to new stand on their own two feet.
Well, here’s the answer - the Greeks, who have lived off daddy’s credit card for decades, will demand their government go back and negotiate with the EU for a continuation of the largess that prevents them from becoming adults. That’s when they will finally come to the realization no one cares what they think, no one cares what they were promised, no one cares what they want, and no one cares they don’t want to work hard and long to pay their own way.
The leftist Syriza party took control of Greece’s government by promising to end the austerity programs, that were never really implemented under the previous government, and continue and expand the policies leftist governments love in Greece. The very policies that got them into trouble. And now all the leftist rhetoric, all the posturing, all the shouts of victory by they and the population is going to stop! They’re finally coming face to face with reality. They face doom and previous attitudes of defiance are gone, and now they know. Daddy isn’t going to pay their bills any longer.
Their banks are closing - the potential of leaving the EU is very real - the potential for Greece’s total economic collapse is very real – violence is sure to erupt, and all the talk about they have to bail out Greece otherwise the Greeks will cozy up to Russia and Putin is interesting, but if there ever was a red herring that’s it. Does anyone really believe Putin will give them money he doesn’t even have for his own country. Putin’s a cad, but he isn’t a stupid cad. No one can afford to be Greece’s friend on Greece’s terms. Greece is toast, get over it and move on.
As for the EU? Unless they abandon all their stupid socialist economic, environmental, and regulatory policies – they’re doomed also. Socialism is a system with no moral foundation that believes in stealing from the producers to give to the non producers. Greece is finally learning the truth. Eventually you run out of other people’s money! Will the EU accept the reality of history? I have serious misgiving about that, and to demonstrate just how deeply socialism permeates the European psyche take a look at England’s Conservative Manifesto. If this is England’s concept of conservatism, then all of Europe is doomed.