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Sheldon writes: > And "respect for democracy" by pissing on the NO vote? WTF??? Can you spell > 'Orwell'? The institutions, the troika, was pissing on the NO vote, by not reconsidering their hard line, their insistence that Greece follows their rules just for the principle of it. On the contrary, they tightened the noose on the Greek banks. This forced Syriza to re-think their negotiation strategy. Syriza themselves were not pissing on the no vote. They involved their constituents in the process as much as they could, by organizing the referendum. This is why I am saying they have respect for democracy. They did not have to call the referendum. But it is not in their power to bring about a positive outcome because of the No vote if they are stonewalled by the troika. Yes, Syriza had a choice: either staying in the Eurozone with austerity impositions, or quitting the Euro. They chose staying in the Eurozone. This has the strategic advantages I described. Besides, this was something for which they got support from the IMF. there is a good chance there will be some debt restructuring. Quitting the Eurozone without preparation would have been an invitation for Golden Dawn, and I don't think it would have led Spain and others to emulate Syriza. On the contrary. It would have been a deterrent for others to follow Syriza's path. That is why Schauble wanted them to quit the Eurozone. And preparing for a Grexit would have undermined Syriza's negotiations and would have been against their mandate. The Greek voters did not want to leave the Eurozone. I think Syriza's policies are defensible, they pretty much got out of the situation as much as they could have. This is just one skirmish, more is to follow, and both the Greek voters and Syriza are learning a lot from this. H.E. _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
