Foreign Affairs
Related: About this forumGreek referendum offer is more con than democracy
http://www.ekathimerini.com/4dcgi/_w_articles_wsite3_1_28/06/2015_551606Greek referendum offer is more con than democracy
By Marc Champion
Sunday June 28, 2015 (12:25)
The Greek parliament has approved a referendum to decide whether to accept the latest bailout terms offered by the countrys creditors. It will come too late and ask the wrong question.
This is a vote that Prime Minister Alexis Tsipras should have called at least a month ago -- if it were an honest effort to let the Greek people make a democratic choice on where their future lies, which it is not. As it is, the July 5 referendum will be so rushed as to be flawed in principle, and will come after the current bailout program expires. Indeed, it may come after Greece has already suffered a banking collapse.
The referendum is not, as Tsipras repeatedly claimed during his announcement, an expression of democracy in response to the authoritarianism of the creditors. His argument that the creditors must bend to the will of his election mandate has been preposterous from the start: In which debtor nation would voters not elect to have easier credit terms? And in what case has the International Monetary Fund or any creditor been answerable to the electorate of its client nation?
Ive argued for Greece to hold a vote to clarify what its people want. It was necessary because Syriza lied during the campaign to get its representatives elected in January, by offering to end the bailout terms, keep the bailout and stay in the euro -- an option that, rightly or wrongly, was never available. Rather than produce a clearer mandate, though, this proposed referendum would continue Syrizas subterfuge.
pampango
(24,692 posts)Japan, China, the UK and others. Maybe there is a referendum in our future.
DetlefK
(16,423 posts)I think, the goal of the referendum was really to postpone decision-making by the creditors, effectively forcing them to pause the whole process for two weeks while they wait for the outcome of the referendum.
Let's wait two weeks.
Talk, talk, talk.
Looks like we're at a dead end. We should ask the greek people what they think of this.
Let's wait two weeks.
Talk, talk, talk.
Looks like we're at a dead end. We should ask the greek people what they think of this.
Let's wait two weeks.
Talk, talk, talk.
Looks like we're at a dead end. We should ask the greek people what they think of this.
...
GeorgeGist
(25,325 posts)answerable to the electorate of its client nation?
I would vote to fuck the IMF.