Archives for posts with tag: Yanis Varoufakis


The Little Engine That Couldn’t (Part Two)

Some would expect this piece better should have been called ‘Greek Tragedy.’ But It’s all tragic-comic to me, and the first installment (part one) had been in the format of a satirical fairy tale. At the point of this part two, the fairy tale had simply degenerated to Greek self-delusions –

The Greek Minister of Finance, Yanis Varoufakis, has a blog where my comments pointing to certain realities never post. So, I’m taking care of that here with commenting on number two of his ‘Why we recommend a NO in the referendum – in six short bullet points’ in his latest post.

2) The IMF, the United States’ government, many other governments around the globe, and most independent economists believe — along with us — that the debt must be restructured.

My comment that will almost certainly not post:

I wonder how that explains the IMF taking a hardline on other points (esp taxes.) BTW trusting the USA at face value is to ignore the history of egregious lies coming out of the Department of State. If the USA actually wanted Europe to move in Greece’s direction, they’d have snapped their fingers and Europe would roll over like the well trained dog it demonstrates itself on other issues.

I don’t know who Varoufakis’ propagandists are, or if he comes up with the often foolish nonsense at his blog, bearing no resemblance to reality. While beginning with principled demands, the Greeks had moved, moved, moved towards the hardline demanded by the  ‘troika’ which had been obviously negotiating in bad faith. There was never any purpose other than to destroy the Greek ‘pesky left’ intended by ‘Europe’ or better said closet fascist corporate oligarchy with a blueprint designed to break Greece into pieces to be served up at future ‘privitization’ party.

Insisting Greece is integral to the Euro Zone, Alex Tsipras and Yanis Varoufakis had by turns, begged, moved towards the ‘troika’ position, threatened, moved towards the ‘troika’ position, thrown tantrums, moved towards the ‘troika’ position and the ‘troika’ essentially never budged.

Now, after promising a referendum, they believe they are somehow bargaining from a position of strength that will require a new and more equitable deal for Greece.

News for the ‘boys’ is this; there is none and never will be any intention of the ‘troika’ other than making a living hell of Greece to send a message to the rest of the PIGS: DON’T DARE EVEN THINK ABOUT EXERCISING INDEPENDENCE OR SOVEREIGNTY.

That Tsipras and Varoufakis would not know this by now is nearly incomprehensible, and the idea they would not step up and state this to the Greek people recalls the brilliance of Thomas Paine, one of the truly great legends in the annals of the principles of democracy Greece claims to have midwifed:

“It is impossible to calculate the moral mischief, if I may so express it, that mental lying has produced in society. When a man has so far corrupted and prostituted the chastity of his mind, as to subscribe his professional belief to things he does not believe, he has prepared himself for the commission of every other crime” -Thomas Paine

In fact Greece has two possibilities; 1) exit with the hope of recovering after a sharp increase in hardships, shorter term, followed by recovery (e.g. Argentina) or 2) perpetual debt slavery within the EU.

But the 1st option is harder than even the difficulties presented on face value. Were Greece to exercise the option of recovering their national sovereignty, there is little question those intelligence agency integrated dark corporate forces comprising a ‘deep state’ within the western democratic structures would act – along the lines of ‘color revolution’

For an excellent description of what’s really happened to Greece, in plain language, here’s the experts (link)

^ Best article I’ve seen but for the small problem Tsipras and Varoufakis had consistently caved to the pressures and blackmails brought to bear, always moving in the direction of ‘troika’ demands whereas the ‘troika’ never budged (part two of the article is more or less worthless)

But then I found an even better article HERE

^ “That is to say, it [the IMF] already knew back then that the bailout executed in 2010 would push Greece even further into debt. Which is the exact opposite of what the bailout was supposed to do.

“The 2010 bailout was the one that allowed private French, Dutch and German banks to transfer their liabilities to the Greek public sector, and indirectly to the entire eurozone‘s public sector. There was no debt restructuring in that deal”

The little engine that couldn’t (episode 1)

The little engine that couldn’t (episode 3)



The Little Engine That Couldn’t

The above illustration (and linked story) are a (not-so) wonderful metaphor for the Greek leadership’s propensity to believe in fairy-tales. The illustration is also a very competent metaphor for what will become of Greece, post ‘the little engine that couldn’t’ or that is to say Alex Tsipras & Yanis Varoufakis.

Now, what we have here is, Mutti Merkel is playing the good Schwabian housewife, reading Grimm’s fairy-tales to her adopted little boys Alex and Yanis, while tucking them into bed each night with promises of sweet dreams. And these boys run off to school each morning informing their classmates (the Greek people) ‘We are close to a deal’ but then .. in math class, the evil Mr Jean ‘clod’ Juncker informs our ‘boys’ 2 + 2 = 22.

Confused, our ‘boys’ ask the school principal, that is Ms LaGarde, why they get failing grades when attempting to make sense of Mr Juncker’s math lessons and her answer is quite straightforward:

French Economy Minister Christine Lagarde speaks during a news conference in Riyadh

Despondent, our boys walk home after school and Mutti tucks them into bed with a reassuring fairy-tale.

What Alex Tsipras & Yanis Varoufakis fail to understand is, there is no authentic ‘deal’ will be made. Greece will be put to ‘the rack’ and in the meanwhile, there was never any intention except to make an example of the Greeks, Alex Tsipras & Yanis Varoufakis will either buckle or be broken and that will be the end of any ‘pesky left’ pretensions of social equity. As it stands, Alex Tsipras & Yanis Varoufakis were suckered into the last payout to make the inevitable ‘my way (buckle to the Troika) or the highway’ (default) all that more painful and difficult, that money should have lessened the impact of an earlier Greek exit of the Euro. Yet, having already forked over Greece’s last cash reserves, and with nothing but capitulation in the offering, our boys continued telling the other kids ‘we are close to a deal.’

Alex Tsipras & Yanis Varoufakis should have had a study of the Germans running the EU (LaGarde at the IMF is little more than a French hooker working the streets of Berlin) and understood Mutti is preparing to pop them into her Schwarzwald oven and serve them up as gingerbread at a privitization party for corporate oligarchy’s insatiable appetite.


Never, never, it would seem, were there two greater fools than our ‘boys’ Alex Tsipras & Yanis Varoufakis.

What they might have done is tell the Greek people the  truth, there is NO, NONE, ZIP, ZILCH, indications of good faith in what amounts to negotiations intended to string out the Greeks until either they buckle or collapse. But no, our ‘boys’ insisted on believing in Mutti’s fairy tales when better they had gone to the Greek people with the truth; either we will be the slaves to German run oligarchy or we will have to make a break and that will be extremely rough, because in that case we are to be the whipping boys made example of, to deliver a lesson to the other ‘PIIGS’ .. DON’T YOU DARE dream to be free

Trusting the people who’re complicit in this:

Sociopaths & Democracy

and responsible for this:

Germany’s Martyrs of the Maidan

wasn’t so different to Hansel and Gretel trusting the old woman in the forest (oh, and for my American readers, the kids didn’t escape the witch that baked them, that’s a USA historical revisionism.)

If the Greeks do default and exit the Euro, all sorts of new dirty tricks will be brought to bear, ‘color revolution’ will be in the works with attending ‘terror’ .. all the same crap that has been used to tamp down on those who ‘don’t play’ the oligarchy’s game according to the unwritten rules.

The biggest mistake the present Greek leadership has made is to string out the Greek people with ‘hope’ for a fair deal (fairy-tales) as they played into a trap intended to destroy Syriza’s political capital .. instead of building political capital by facing reality and telling the Greek people the truth; there was never any intention of the Troika to do right by Greece.

In their hubris, whether because they are morons or merely naïve, our ‘boys’ Alex Tsipras & Yanis Varoufakis are delivering the Greek people little more than a basting in preparation for Mutti’s oven.

Good luck with that –

23 June 2015 update: Mutti’s ‘boys’ begin to cave in (what cowards)

25 June 2015 update: The Troika suckered the boys with a ‘bait and switch’

27 June 2015 update: Tsipras rediscovers his gonads


The little engine that couldn’t (episode 2)

The little engine that couldn’t (episode 3)


%d bloggers like this: