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Discuss Financial Apocalypse - coming soon in Economics on The Army Rumour Service; Originally Posted by FORMER_FYRDMAN Forty three, almost evenly split between the Conservatives and Socialists - the equivalent to 100 MP's being chucked out of the mainstream Westminster parties. Guess what platform the ambitious Greek politician's ...
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    Quote Originally Posted by FORMER_FYRDMAN View Post
    Forty three, almost evenly split between the Conservatives and Socialists - the equivalent to 100 MP's being chucked out of the mainstream Westminster parties. Guess what platform the ambitious Greek politician's going to stand on?
    43 sacked? heh heh not a bad start. Any idea how many in total voted against the cuts?

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    Quote Originally Posted by stacker1 View Post
    43 sacked? heh heh not a bad start. Any idea how many in total voted against the cuts?
    Public sector cuts from the top down?
    Maybe they were doing the honorable thing and removing themselves from the salary bill - or maybe they are politicians playing an angle from a perspective of longer term self interest......

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    Quote Originally Posted by stacker1 View Post
    43 sacked? heh heh not a bad start. Any idea how many in total voted against the cuts?
    Yeah - in the original quote I posted, you'll see its 79 out of 300. But some of those belonged to smaller 'anti' parties anyway, so didn't get sacked. As the establishment Pasok party for one looks like getting shafted in the coming elections, I expect the number of MP's opposed to the bail out increasing in the new parliament.

    And as Hollande is well in the lead in the French presidential elections, we could be looking at a changing political landscape in a few months.

    Wordsmith

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    Quote Originally Posted by Alsacien View Post
    It would mean a lot of serious back peddling by a lot of very senior people in Europe, and not easy to justify in the medium term.
    Maybe carrots will be forthcoming....
    For sure, but the populations of those countries which are agitated by the prospect of being a milch-cow for Greece will probably accept the outcome with a sigh of relief.

    It will be messy but at least the uncertainty will have gone and everyone can then proceed accordingly.

    As for the EU itself, the political class and the nomenklatura would just have to up their performance to justify its continued existance, and any further expansion will be subject to far better due diligence.

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    Quote Originally Posted by Balleh View Post
    For sure, but the populations of those countries which are agitated by the prospect of being a milch-cow for Greece will probably accept the outcome with a sigh of relief.

    It will be messy but at least the uncertainty will have gone and everyone can then proceed accordingly.

    As for the EU itself, the political class and the nomenklatura would just have to up their performance to justify its continued existance, and any further expansion will be subject to far better due diligence.
    Logically therefore, you would conclude carrots would probably come in ECB wrapping containing a EU subsidy chocolate box.....

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    Quote Originally Posted by Wordsmith View Post
    Yeah - in the original quote I posted, you'll see its 79 out of 300. But some of those belonged to smaller 'anti' parties anyway, so didn't get sacked. As the establishment Pasok party for one looks like getting shafted in the coming elections, I expect the number of MP's opposed to the bail out increasing in the new parliament.

    And as Hollande is well in the lead in the French presidential elections, we could be looking at a changing political landscape in a few months.

    Wordsmith
    So its about 26% even before the election, not bad but could be so much better (in a worse way for the EU). I also assume that people playing the anti austerity ticket might get voted in soon.

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    Quote Originally Posted by stacker1 View Post
    So its about 26% even before the election, not bad but could be so much better (in a worse way for the EU). I also assume that people playing the anti austerity ticket might get voted in soon.
    You assume wrongly, clearly you have not understood what happened yesterday.

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    Quote Originally Posted by Alsacien View Post
    You assume wrongly, clearly you have not understood what happened yesterday.
    What did happen, oh wise one?

    (I cant help thinking if the only the EU employed you all those years ago, none of this would ever have happened)

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    Quote Originally Posted by Alsacien View Post
    Logically therefore, you would conclude carrots would probably come in ECB wrapping containing a EU subsidy chocolate box.....
    Yep, I guess that is the sum of it - if Germany and France want Greece to remain in the EU.

    Otherwise, the latest loan is merely defensive to give time for everyone else to take evasive action in anticipation of Greece leaving and defaulting.
    Last edited by Balleh; 13-02-2012 at 19:49.

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    GREECE? slash and burn and move on.

    I hate that pink fish eggs crap anyway, it done me over once.

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