Skip to comments.Splintering of Greece and the Loss of France
Posted on 05/07/2012 5:03:19 AM PDT by Kaslin
Preliminary exit polls are not good for the pro-austerity, keep Greece in the Eurozone at any cost coalition as 3 parties vie for top post
An exit poll commissioned by Greek media shows three parties are vying for the top spot in the country's critical parliamentary elections, with no definitive front-runner and none gaining enough votes to form a government.
According to the exit poll, the conservative New Democracy party will get between 17 percent and 20 percent; the formerly majority socialist PASOK between 14 percent and 17 percent, and the left-wing Radical Left Coalition, or Syriza, between 15.5 percent and 18.5 percent.
The extreme right-wing Golden Dawn is projected to win enough votes to enter parliament, with between 6 percent and 8 percent, well above the necessary 3 percent threshold.It is widely expected that New Democracy and PASOK will combine to form a coalition. Both want to stay with the Euro. However, New Democracy wants changes made to agreed upon austerity measures.
PASOK leader Evangelos Venizelos is nothing but a tool for the eurocrat clowns and appears to be a big loser in the elections vs expectations just a few short weeks ago.
Exit Poll Has Anti-Bailout Party in Second Place
Other exit polls show the Radical Left Coalition (Syriza) at 16-19%. Bloomberg reports New Democracy Slightly Ahead in Greek Election, Exit Poll Shows
Antonis Samarass New Democracy party showed a slight lead in Greek elections today, receiving between 17 percent and 20 percent of the vote, an exit poll forecast.
Anti-bailout party Syriza got between 16 percent and 19 percent, according to the exit poll broadcast on state-run television NET. Socialist Pasok got between 14 percent and 17 percent, according to the poll. Spotlight on the Radical Left
The Wall Street Journal proclaims Greek Leftist Comes Into His Own
Young and charismatic, Alexis Tsipras may be the man to watch on the Greek political scene.
The 37-year-old, whos an engineer by training, heads the Coalition of the Radical Left or Syriza an umbrella left-wing party that brings together various leftist strands ranging from Communist to Social-democrat and environmentalist groups.
His party has seen its polling figures rise in recent weeks, ahead of the May 6 elections. The last pollsbefore a two week blackout period imposed ahead of Sundays voteshowed Syriza poised to become the third largest party for the first time in its history, garnering on average above 10% of the popular vote.
Mr. Tsipras advocates the annulment of Greeces second bailout program with the fiscal-consolidation and structural-reform policies attached to it.
In a recent interview with a Greek website, Mr. Tsipras said the country was becoming a protectorate, a colony under the tough measures that Greeces troika of creditorsthe European Union, the European Central Bank and the International Monetary Funddemand to continue funding the countrys bailout.
It is not our choice to leave the euro. But the sacrifices made by the Greek people are not for the euro, they are for oligarchs, the plutocrats, the big capital, he said in the interview, adding that these sacrifices were made so that [German Chancellor Angela] Mrs. Merkel and the northern countries benefit and run surpluses and the southerners run deficits.
Tsipras could well find himself leading the main opposition party after the elections, if Pasok and New Democracy form a coalition government. If Syriza does get around 12%, a realistic prospect according to Nikolakopoulos, that would translate to roughly 30 deputies in a highly-fragmented, 300-seat parliament. That would put the young party leader in a strong position to continue spreading his anti-austerity message.
The WSJ article was written three days ago. If exit polls are accurate, the Radical Left will not be in third place with 10% of the vote, but rather second place with perhaps as much as 18 or even 19 percent of the vote.
It is going to be very difficult forming a coalition government out of this splintered mess.
Meanwhile in France, Socialist candidate Francois Hollande defeated conservative Nicolas Sarkozy to become France's next president.
Vote for 0bama, and America is next.
They try to bury this stuff under a lot of nonsense about coalitions with bizarre parties with obscure aims, but it's still the same old deal.
Gotta like how France voted Socialist in the midst of Socialism’s Euro meltdown.
America doesn’t have to borrow money; it can print its own.
And print its own it does. Remember “QEII”? That was money printing - $600 billion worth of it.
Stupid media acts like austerity is a choice.
It is now apparent to Merkel just how silly and futile it was to fund those bailouts. Now she can look foward to meeting with Hollande and be asked for more, Much more. Things will get ugly.
I’d love to see the far right wing party in Greece take over. Get rid of the foreigners and take care of business. They’ll be amazed at how many jobs become available, just like Alabama and Arizona.
I don’t believe the Nazi hype. That’s just the MSM at it again.
In the short term, austerity (e.g., laying off large quantities of govt workers) is a choice, path which will not be taken. Finally, they will completely run out of other people’s (i.e., German’s) money, and then real hardship will prevail.
Even a Mitt Romney-led America will be a shining beacon compared to this Euro-morass.