grexit poll

Greece goes to the polls: Army and riot police braced for street battles

Greek army forces and riot police ramped up security this morning as voters flocked to the polls to decide on their country’s future.

A secret plan has been drawn up to ensure troops can cope if there is widespread public disorder following today’s referendum, which will see nearly 10 million citizens decide on whether

Greece should accept Europe’s latest bailout package and introduce tougher austerity measures.

From as early as 7am, residents could be seen queuing outside polling stations ready to mark their 74-word ballot paper with a tick in the ‘Yes’ or ‘No’ box.

Initial reports have suggested turnout is ‘high’, officials from political party Syriza said.

  • canminuteman

    The Greek are going to get “tough austerity measures” whether they accept the deal or not. If they accept the deal, creditors will enforce “tough austerity measures” on them, and if they don’t accept the deal, no one lends them any more money and reality enforces “tough austerity measure” on them

    “tough austerity measures” – formerly known as “living within your means”.

    • Billy Bob Thornton

      Well no the problem is the internationalist organizations such as the ECB and IMF. They are organizations that don’t care about debtor nations. Think about it. I say this since the US is a debtor nation. The same with Canada. You notice all Western nations are debtor nations. We used to have the Bank of Canada creating all our money and we were debt-free for years until Trudeau went against it and the Progressive Conservatives voted for abolishing the Bank of Canada for creating money that was debt-free. The problem is the big banks and politicians that sell out nations. Debt is simply a tool to be in politics for life and for selling out the nation. We need politicians that will put the nation first, second and third and to the nth degree. Which is why the BRICS group of nations with Russia and China being nearly debt free is the better alternative. Everything is moving East and understandably so!

      • canminuteman

        Money has existed since before there were governments. We are a lot better off when the government doesn’t just print money and put it into circulation. That fails every time it is tried. Every time the government prints a dollar and put it into circulation just because it needs money the value of every dollar you have is worth less.

        The government can raise money through taxation (the preferred option) or borrowing it off people who earned it via bonds if they must. There is no reason that the government can’t finance its operations through taxation. If it can’t either it’s spending too much money, or it’s not taxing enough.
        The reason we became a debtor nation under Trudeau is because he went full retard on the socialism,

        • Billy Bob Thornton

          Oh ya then why are China and Russia doing alright with state capitalism which is the transition phase from communism to capitalism and basically democratic socialism or left wing nationalism. It is clear that those nations are doing something we are not. Even Canada under Trudeau was partially democratic socialist which means we were a state capitalist nation in the 60’s, 70’s and the earliest parts of the 80’s.

          The US is the biggest debtor nation in the world through financialized capitalism aka corporatism. So that dispels your theory out of water. Corruption, collusion and selling out the nation is the main reason for so many nations being debtor.

          • canminuteman

            Canada is better of now than at just about any time in its history. Russia is on the verge of collapse. Read he finance news out of China, it is not good. The US government is not bankrupt because of their economic policy, they are bankrupt because they spend money like a drunken sailor with a stolen credit card. It is not the US’s economic system (and I argue that capitalism isn’t so much an economic system as it is what free people do when left to their own devices) that bankrupted them, you can’t spend more money than you bring in in tax revenue. If you do, you have to d it by borrowing, and if you borrow the interest bill will catch up with you. It’s no different than you paying your mortgage with a credit card. At some point the bil will come due.

        • Billy Bob Thornton

          And yes government can create its own money but not through private banks. We need to use the Bank of Canada again which was started by King in 1938 when he was PM and lasted until 1974.

          Canada had that ability. The only thing the Bank of Canada does nowadays is set interest rates and inflation. It serves no other purpose. We need nationalized banks and we need to create more than 3% public money. The rest or 97% is private money from private banks. All money must be public, meaning done from the Bank of Canada.

          • canminuteman

            I disagree. I am not an expert on money, but, most people aren’t but I have a few points I will make here. The main reasons to have money is as a store of wealth and to facilitate trade. If you see old Canadian bank notes, you will see that they were issued by private banks. A private bank has a vested interest in maintaining the value of it’s currency. If they don’t, nobody will use it. Since all governments go into debt trying to buy your vote, they have a vested interest in inflating the money out of existence, we see this happen in every socialist country on a daily basis.
            The Bank of Canada is still he publicly owned central bank of Canada, they just don’t randomly print money and give it to the government to squander and dilute the value of your life savings (as happens in many countries all the time. I would argue that Canadian currency is among the soundest in the world. You can compare it to something like the Mexican peso. When the Mexican peso became worthless because the government printed money to pay their debts, the Mexican government had to resort to using silver coins so that people would accept them in trade. There is a Jamaican dollar, but you will find that if you go to Jamaica, nobody wants them, they only want US dollars. This is the case because these governments, and many more so debase their currency that nobody wants them.

          • Minicapt

            You’re arguing against someone who desires to become a ‘net-bot’.


    • Billy Bob Thornton

      Also, when has austerity ever successful brought down the debt. You notice for Western nations the debt always rises faster than the cuts.

    • Alain

      They are not alone in refusing to understand the hard truth. Ontario comes to mind along with the latest Alberta election.

  • Maurixio Garcia Sanchez

    The whole world should paid attention to Greece to get a lesson base on a huge uncontrollable debt.

  • Xavier

    Wait. The citizens of Greece have say in governmental matters?
    What a concept – but it will never catch on here.

  • David Murrell

    What street battles? The only side which will undertake violence is the “no” side. But there was a post on this site, I think yesterday, saying Greece might turn into the next Venezuela. So then comes the street fighting.