Krauthammer on Greek Debt Crisis: Greece Living Off The German "Tit" For As Long As Possible


DOUG MCKELWAY, FOX NEWS: The prime minister, Charles, apparently does not realize that this is already having a dramatic effects here. Banks are closing. People are limited to two ATM withdrawals of 50 or 60 euros. We're hearing that people are having trouble exporting goods because they can't get raw products into the country.

CHARLES KRAUTHAMMER: Look. The no vote, if they decide to stand up for Greek pride as the prime minister outlines it, is a vote for suicide. They're seeing elements of it right now. I think the vote's a week late for the prime minister. People are looking into the future. They're seeing this week inability to get cash. Everything is running out. Commodities are getting scarce. What's going to happen afterwards?

I think in the end the Greeks are not crazy. I think they understand the reason that they are in debt is not blackmail. But this is a country of 11 million people that has run up $275 billion in debt. That's not easy if you're 11 people million, but the Greeks are good at this. The Germans have finally said we're taking away the credit card. The problem is there's no negotiating leverage left because the Europeans have already called the bluff. They are ready to see the Greeks exit. And they are not going to budge one way or the other.

The irony is that the thing they're ostensibly voting on Sunday is an offer already removed off the table by the Europeans. So this is a symbolic vote. It's a taking of hemlock. The Greeks have a history of this. It was once noble. But I can't believe they're going to do this because it's essentially economic suicide.

TUCKER CARLSON, DAILY CALLER: Can I say one point, though, the Greek prime minister is described in every news account as a member of the radical left-wing party. Not something obviously I endorse. On the other hand, you have to ask yourself honestly, has membership in the E.U. really helped Greece? I mean, this is a country that doesn't have anything in common with other members. 75% of greeks retire by the age of 61. This is a country that just doesn't have anything in common with Germany.

Why are they in this union?

KRAUTHAMMER: They're in this union because it gave them 25 years of living off the German tit.

CARLSON: Exactly.

KRAUTHAMMER: And now it's now -- am i allowed to say that?

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