World

‘Real News From The Blaze:’ Greek Vote This Weekend and the Future of the EU

Greeks will go to the polls Sunday to vote in a new parliamentary election. With the anti-bailout leftist party Syriza running neck-and-neck with the nation’s mainstream conservatives, global observers view Sunday as a referendum on Greece’s membership in the EU. As the world awaits this nail biter and central bank leaders all over the world get ready to flood the global market with liquidity in case the vote goes south – EU Commission President Jose Manuel Barroso believes he has a plan to rescue the EU and with it, avoid financial Armageddon.

More oversight of Europe’s banks and budgets to move the 17 countries in the union closer together.

Veronique de Rugy of Reason Magazine and George Mason University joined “Real News” Friday to discuss the paths Europe could move forward in depending on how the Greeks vote Sunday. The panel also questioned why the more fiscally stable Germany continues to financially glue together the splintering political union.

Comments (22)

  • The_Cabrito_Goat
    Posted on June 16, 2012 at 1:38pm

    What’s going to happen is they are going to kick the can down the road. Problems solved.

    Report Post » The_Cabrito_Goat  
  • jacobisrael
    Posted on June 16, 2012 at 1:02pm

    When Greece was a monocultural country, 2,500 years ago, they built socities and buildings that the current multiculturals can’t even maintain, much less repair, much less duplicate. The multiculturals there collapsed under the weight of their own socialism: the only reason they joined the EEC was in the hope that monocultural countries like Germany and France would loan them money that everyone knew they can NEVER pay back. Now that they realize that neither the French or the Germans are that stupid, they’re going to drop the Euro:

    http://www.bankersalmanac.com/addcon/infobank/bank-rankings.aspx

    Of the top 100 world banks, US banks have total assets of $5.4 trillion, but Eurpean banks have $31 trillion, Chinese banks have $8 trillion, and Japanese banks have $5.2 trillion (plus $132 trillion in postal savings accounts which aren’t even accountable to the Japanese central bank).

    The $164 billion that multicultural Greece just borrowed is only 0.5% of the assets of just the top 100 EEC banks. Just about any European country could single-handedly “solve” multicultural Greece’s “economic problems” overnight, except that they know that Greeks are a credit risk who could never run their country on their own. You can’t get them out of bed before 10 AM. They get to work and instantly fall under their desks for 2 hours for their siesta, and you better never wake them up. They’re gone by 4 PM, retire at age 55, and now want to reduce it to 50.

    Germans, who

    Report Post »  
    • pompey
      Posted on June 16, 2012 at 4:10pm

      ….your spot on in regards to the wanton absurdity of multiculturalism…..!

      Report Post »  
  • overthecliff
    Posted on June 16, 2012 at 10:24am

    The problem Europe has is that the socialists have run out of other peoples money. Their economy will follow its natural course and everyone will be successful just as in the Soviet Union. Everyone will pretend to work and the government will pretend to pay them. Only the elite and their armed thugs will be better off than the population in general. Then that will collapse on itself and the dark ages will manifest.

    Report Post »  
  • noah2854
    Posted on June 16, 2012 at 2:50am

    well as a french person I can say that we used to better off when we used to have francs
    the whole thing with the euro is slavery and control but is diguise and the left fall for it
    and you are right MUTINY because we care about our countries we are bully and call racist and bigot even nazis but look at who are the immigrants muslimes and good for nothing .

    Report Post »  
  • The-Monk
    Posted on June 15, 2012 at 8:37pm

    @Mutiny

    There’s a tiny flaw in your, “The GOP relies on older voters as it base, well we will have had 4 years of older voters dying.” theory.

    Do you know what that is?

    Ron Paul was born on August 20, 1935. He’s older than the old people you are talking about. The Baby-Boomers are hear to stay for a long time and RP will be gone long before us.

    Have you seen this video of RP talking about trusting in Government?
    http://www.youtube.com/watch?v=gk3FwJTjVi4

    Report Post » The-Monk  
    • Mutiny
      Posted on June 15, 2012 at 10:36pm

      Ron Paul isnt the last of our movement. Ron Paul was the only candidate in the GOP race that wasnt a clone of Obama. Hopefully if we have elections we will have better options in 2016.

      I am not in any way saying I want people to die, I was saying Romney’s nomination has come directly from the old GOP establishment sheep. They are going to die off. Their are fewer of them today than there were in 2008. Its not being mean, its a fact.

      Report Post » Mutiny  
    • Mutiny
      Posted on June 15, 2012 at 10:42pm

      LOL did you even bother to listen to the video you posted? You either didnt listen to it or you didnt understand it. That video is a singing endorsement of Ron Paul. Thank you for sharing it.

      Report Post » Mutiny  
    • The-Monk
      Posted on June 16, 2012 at 1:07am

      @Mutiny

      It was a test to see if YOU would listen to it. You didn’t in your first reply. So I know you post before you print. : )

      Report Post » The-Monk  
    • Mutiny
      Posted on June 16, 2012 at 12:46pm

      That makes no sense. Either way, do you disagree with what Ron Paul said?

      Report Post » Mutiny  
    • West Coast Patriot
      Posted on June 17, 2012 at 1:11am

      Monk, I told The-Monk the same thing when he posted the same on another story. I doubt he will post it again. The EU is going to collapse. We are also going to collapse if we do not get control on spending. Look at this video on what the U.S. in all its wisdom, spends money on: http://www.youtube.com/watch?v=Nq4-LizaMrE&feature=youtu.be

      You think Romney will put a stop to this?

      Report Post » West Coast Patriot  
    • West Coast Patriot
      Posted on June 17, 2012 at 2:19am

      Sorry Mutiny, I did not notice until too late that I put Monk in place of what should have been Mutiny.

      Report Post » West Coast Patriot  
  • heavyduty
    Posted on June 15, 2012 at 8:33pm

    It will all fail sooner rather than later. If Greece is smart, which from what I have seen there isn’t an over abundance of brains over there anyway. They will get out now. Then I would imagine that the rest of the countries will follow suit right after they do.

    Report Post »  
  • JUSTANOTHEROPINION
    Posted on June 15, 2012 at 8:24pm

    I hope Greece opts out of the EU because that hole thing is bound to fail sooner or later so I say let’s just get it over and done with now.

    Report Post »  
    • Mutiny
      Posted on June 15, 2012 at 8:32pm

      My thoughts exactly. The sooner it happens the more control over what I can do to help my children.

      Report Post » Mutiny  
    • MRMANN
      Posted on June 16, 2012 at 9:06am

      Yes, the sooner Greerce bails, the less fallout damage.

      Report Post »  
  • Individualism
    Posted on June 15, 2012 at 7:56pm

    If the EU fails it setsback or gives an example of how impossible a nwo will be or a global currency, if you can‘t sustain it in a continent you can’t do it worldwide.

    Report Post » Individualism  
    • Mutiny
      Posted on June 15, 2012 at 8:25pm

      I disagree. I believe the failure of the Euro will cause world wide economic collapse. Then the global powers will swoop in with their global government/currency(SDRs) to save the day. I believe this is what the global left and the useful idiot right have been doing.

      I believe the Euro is being used to collapse the dollar. The Fed has been doing some currency exchanges with countries in the Euro which I think will lead to our dollar collapsing along with the Euro. The dollar has to collapse to bring in the new currency since the dollar is tied to oil.

      Report Post » Mutiny  
  • RANGER1965
    Posted on June 15, 2012 at 7:55pm

    The Greek people were promised that if they give damn near everything they make in taxes to the goverment that the goverment would give the free education, free health care, free housing, a basic level food allowance, plus other wonderful perks including a small pension.

    The Greek people bought into it the promises of their leaders. When the recession hit Europe, these promises could not be kept. Solution? Raise taxes. The people bought into it again, and gave their goverment their money. And once again, they were betrayed.

    Now they’re pissed, and feel utterly betrayed. Solution? Accept SEVERE! Austerity measures imposed upon their nation by another nation. And what do we get for these SEVERE austerity measures?

    Nada… It might keep your country afloat for a couple more seasons, and in the mean time Germany will now control all your finances.

    The common wisdom among the big-wigs in Europe is that the Greek People will accept these measures, recognizing that it is in their best interest.

    BS! They don‘t want what’s in their “perceived” best interest. They want some heads to roll. They want someone to pay for this betrayal. They want revenge. And they certainly don’t want to lose what little independence they have to Germany.

    The European Union will fall before the snow flies

    Report Post » RANGER1965  
  • Ron Staiger
    Posted on June 15, 2012 at 7:46pm

    OK, let me get this straight- if the left-wing whackjobs are voted into power in Greece, everyone is screwed! Yeah, so why shouldn’t they suffer the same misery as us?

    Report Post »  
    • Mutiny
      Posted on June 15, 2012 at 8:27pm

      Well its the left who wants to stay in the Euro. The extreme right want to leave and kick all the non Greeks out. Of course the extreme right because they care for their country are called Nazi.

      Report Post » Mutiny  

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