Greece ruling coalition looking at steep losses [NotSoBreakingGeo] - MarketTicker Forums


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!

Posting in this area at this time is restricted; see the FAQ for our donor program.

Sponsored Advertising

To remove advertising from your display upgrade to Gold Donor status

MarketTicker Forums Read Message in NotSoBreakingGeo

User: Not logged on

User Info	Greece ruling coalition looking at steep losses in forum [NotSoBreakingGeo]
Obseedian Posts: 11890 Incept: 2007-07-26 BBRY Central	Tomorrow we crash? http://www.cnn.com/2012/05/06/world/euro.... Quote: Athens, Greece (CNN) -- Greece's ruling coalition appeared headed for steep losses in Sunday's parliamentary elections while parties on the far left and far right were poised to make significant gains amid anger over austerity measures, exit polls indicated. Right-leaning New Democracy, a member of the coalition, first in the polling with 19% to 20.5% of the vote -- barely half its result from elections two years ago, according to early exit polling released by state broadcaster ERT shortly after polls closed Sunday. New Democracy's coalition partner, left-leaning PASOK, was on track for a stunning reversal of fortune, going from 44% of the vote two years ago to between 13% and 14% on Sunday, according to the data, which is based on interviews with 10,000 voters.... ---------- Would you give your money to these banks? http://bankimplode.com/list/troubledbank.... “Those who vote decide nothing. Those who count the vote decide everything.” - Joseph Stalin 2012-05-06 14:52:46 Permalink
Bearshort Posts: 4537 Incept: 2007-09-13 NYC	Tsipras: Greek Mandate is to Cancel Bailout Agreement BN 05/06 19:45 TSIPRAS SAYS WILL SPEAK WITH LEFT PARTIES AS OF TOMORROW BN 05/06 19:44 TSIPRAS SAYS HAS MANDATE FOR HIS PARTY TO CANCEL MEMORANDUM BN 05/06 19:42 TSIPRAS SAYS PRO-BAILOUT PARTIES ARE A MINORITY BN 05/06 19:42 TSIPRAS SAYS GREEK PEOPLE GIVEN MANDATE FOR NEW DAY IN GREECE BN 05/06 19:41 TSIPRAS SAYS EUROPEAN PEOPLE CAN'T LIVE WITH BAILOUT BARBARITY BN 05/06 19:41 TSIPRAS SAYS ELECTION RESULT IS PEACEFUL REVOLUTION BN 05/06 19:41 TSIPRAS SAYS ELECTION RESULT IS STRONG MESSAGE TO OVERTURN BN 05/06 19:41 GREECE'S TSIPRAS SPEAK IN ATHENS BN 05/06 19:41 TSIPRAS IS HEAD OF SYRIZA PARTY This should be fun!! ---------- Every day I'm more embarrassed and dismayed by my government. 2012-05-06 15:55:29 Permalink*
Bergziege Posts: 2768 Incept: 2007-09-08 Central IL	This must be the moment the CBs have been saving dry powder for. Will this be Iceland, Bear Sterns, or Lehman? ---------- Luckily for me, a High Standard of Living is easy. All I require is Internet, a tv dinner and a blowjob and I'm the richest guy in the world. - Bozonian I've been chasing holes all my life and it doesn't always turn out bad. - Bozonian 2012-05-06 16:01:20 From PDA Permalink
Peterm99 Posts: 5180 Incept: 2009-03-21 SoCal	It seems to me that the Greek gov't can backpedal on "austerity" ONLY if they also default on debt, as they do not have the economic wherewithal to pay their debts plus interest AND support the promised welfare state. Is this not correct? Yet, if they default, they can't borrow anymore at reasonable interest rates to support the welfare state, which, by their definition, is "austerity" anyway. Thus, no matter how the Greeks voted, they voted for austerity, yet the press seems to touting the vote results as a vote against austerity, rather than a vote against the parties that sold them down the river. What am I missing here? ---------- ". . . the Constitution has died, the economy welters in irreversible decline, we have perpetual war, all power lies in the hands of the executive, the police are supreme, and a surveillance beyond Orwell’s imaginings falls into place." - Fred Reed 2012-05-06 16:21:58 Permalink
Genesis Posts: 131488 Incept: 2007-06-26	Nothing. ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2012-05-06 16:36:01 From PDA Permalink
Mo Posts: 12158 Incept: 2007-06-26 Pa.	I suspect if the socialist voters of any of the western democracies understood their true situation, they would be building guillotines rather than voting. ---------- Welcome to Pottersville 2012-05-06 17:02:57 Permalink
Rarnopp Posts: 897 Incept: 2008-02-26 London, United Kingdom	Peterm99 sums it up nicely, but for Greece to pull the plug on this farce now and precipitate a crisis is still the best option for them. ---------- "Things and actions are what they are, and the consequences of them will be what they will be: why then should we desire to be deceived?" - Bishop Joseph Butler 2012-05-06 17:31:23 Permalink
Mrbill Posts: 7905 Incept: 2008-10-19 North Carolina	Keep 100% of your income in austerity+default, or keep less than 100% of your income by paying off debts+austerity? Well, I think you have your answer. 2012-05-06 20:34:57 Permalink
Djloche Posts: 3342 Incept: 2008-07-07 In the Mountains	Because there's no way they'd actually report on a country acting as sovereign state, the facade of a united europe must remain! ---------- "Just because the ** has not yet hit you in the face, does not mean that the ** has not hit the fan." 2012-05-06 21:06:37 Permalink