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Comments to radx

oritteropo says...


And yet, it's George Papaconstantinou in court, over that exact Lagarde list, and not Virvidakis.

Something which is often stated as fact is that if you try to tax the rich, they will up and leave. Well, maybe a few would, but most people are more settled than that. I think there is some chance we will get the question answered in Greece some time in the near future. I somehow don't see Varoufakis removing any names from the list... relatives or otherwise.

That video does reflect rather well on the new President of the Greek Parliament, doesn't it

radx said:

Democracy in Greece, post-crisis, pre-Syriza:


The one MP in opposition during this clip is now President of the Greek Parliament. She's also on record about the Lagarde list of 2062 Greek tax dodgers, 6(!) of whom were checked up on. The list was handed over in 2010, and it has been held under wraps at the bidding of the IMF.

eric3579 says...

The one time in my life i ever wrote to a congress person and government officials (fcc) may just have worked. Today i feel a tiny bit better about Democracy. I'm sure the feeling won't last long, but until then HOORAY!

radx said:

It is excellent, and unequivocally so, as far as I can tell.

So... rejoice!

And while you're at it, read this and regain some faith in humanity:

oritteropo says...

Thanks for the *promote

Strangely not everyone shares our fascination.

radx said:

I had no idea they used a Parsons turbine to drive the center propeller. Fascinating.


oritteropo says...

So Tsipras promises to sell half the government cars, and one of the three government jets, and that the politicians will set the example of frugal living. Despite these and other promises Greenspan, and almost everyone else, is predicting the Grexit.

I only found a single solitary article that was positive, and I'd be a lot happier if I thought he might be right - http://www.theguardian.com/business/2015/feb/08/greece-debt-deal-not-impossible

I found another quote that I liked, but unfortunately I can't find it again... it was something along the lines that as Syriza are promising a budget surplus it's time to stop calling them radical left: They're really centre left.

The only radical thing about them is their promise to end the kleptocracy and for the budget cuts to include themselves (in my experience this is extremely rare among any political party).

oritteropo says...

I liked the way the Reuters article closed:

It was not clear what support the German position, which appeared to take no account of the political change in Greece, will have in the wider euro zone talks.

I went against your advice and had a look at a DW article on the subject, and I see what you mean, there is quite a big disparity between the accepted position in the article and anything else I've read from outside Germany. I am now also left wondering how on earth any compromise could be made acceptable to German politicians, and then sold to the public. Since Ireland and Portugal are starting to recover despite The Austerity, it's entirely possible that the usual suspects will say "Look! It works!". They do have much more debt now though...

I can understand a certain aversion to excessive inflation, after the chaos caused by hyperinflation in 1923, but you'd think that if they remember that then they'd also remember where that led (and particularly with the rise of Golden Dawn).

As for Italy, it has somehow managed to muddle along on the edge of disaster for so long that I'm starting to think it can keep doing so forever.

radx said:


You simply cannot have an open discussion about macroeconomics in Germany. Do I have to mention how schizophrenic it makes me feel to read contradictory descriptions of reality every day? It's bonkers and everyone's better off NOT reading both German and international sources on these matters.

Any compromise would have to work with this in mind. They'd have to package in a way that doesn't smell like debt relief of any kind. People know that stretching the payment out over 100 years equals debt relief, but it might just be enough of a lie to get beyond the level of self-deception that is simply part of politics. If they manage to paint Varoufakis' idea of growth-based levels of payment as the best way to get German funds back, people might go for it. Not sure if our government would, but you could sell it to the public. And with enough pressure from Greece, Spain, Italy, and France most of all, maybe Merkel could be "persuaded" to agree to a deal.

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