Only July 7, the Greek people will vote on whether to accept a bailout from international sources. But it is really a vote on stay in the Euro or out. And Greece should do what it thinks is right: Restore its financial sovereignty and send a message that a nation can get out of the Euro and maybe the European Union as well.
The Reuters article has a balanced viewpoint and I like it:
Prime Minister Alexis Tsipras, elected in January on a promise to end years of austerity, urged people packing Syntagma square in central Athens to spurn the tough terms of an aid deal offered by international creditors to keep the country afloat.
Tsipras says they are bluffing, fearing the fallout for Europe and the global economy. A ‘Yes’ vote may bring him down, ushering in a new period of political instability for a country reeling from five days of shuttered banks and rationed cash withdrawals.
EU leaders aren’t bluffing: They want to continue their dominance and bullying of Greece:
European policy makers, however, issued fresh warnings of the costs of a ‘No’ vote in a plebiscite called with just eight days’ notice after the breakdown of talks with the European Commission, the IMF and the European Central Bank.
Commission President Jean-Claude Juncker and German Finance Minister Wolfgang Schaeuble dismissed Tsipras’ argument that his government would be able to move smoothly to negotiate more favorable terms if Greeks backed his rejection.
“If the Greeks will vote ‘No’, the Greek position is dramatically weakened,” Juncker told a news conference.
These German leaders ought to be more diplomatic in light of the Second World War! Here’s more threats:
The euro zone’s rescue fund, Greece’s largest creditor, said it was reserving the right to call in 130.9 billion euros of debt ahead of time after Athens defaulted on an IMF loan.
I do not expect this post to turn the tide (I can’t even impact a local race it seems) but I need to place this on the record and the No forces can use it as they see fit.
Greece and its people must do what’s right for Greece and its people. If that means no more bailouts, so be it. If that means restoring the drachma, so be it. Nations can work together and should do so. But no bullying or threats.
The United States ought to help smaller nations be sovereign over these nascent superempires. But instead the GOP leaders just gave the President power to seek to bind the USA to yet another trade agreement.
The No side in the future EU referendum ought to realize: This fight will be nasty and evil. The kitchen sink and then some will be thrown at the British people to get them to vote yes. Lies and deceit and promises. Don’t trust the politicians. Vote NO on the EU.
Article written by: Elwood "Sandy" Sanders