Is Greece Blinking First?

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Hum de hum. An unnamed source says Greece is changing its tune about demanding a new deal to replace its existing rescue package:

Greece will seek an extension to its rescue deal from the rest of the eurozone Wednesday, an official with knowledge of the situation said….Greek Finance Minister Yanis Varoufakis said he expects an agreement between Greece and the eurozone over an extension. “It is my considered opinion that there is going to be a text that everyone is going to be happy with,” Mr. Varoufakis said in a brief telephone interview, despite talks in recent days with his eurozone counterparts that he described as “boisterous.”

But there’s also this:

The comments came shortly after Greek Prime Minister Alexis Tsipras gave a defiant speech in Parliament in Athens, saying his government would move to immediately dismantle overhauls mandated by its bailout program….“We are not taking even one step back from our basic promises to the Greek people, not one step back from our pre-election promises,” Mr. Tsipras said.

So it’s more good-cop-bad-cop. But if this report is true, it looks like it’s Greece that’s blinking first. Why? Probably because—to Greece’s surprise—the Germans seem all too sincere about letting Greece default and exit the euro if they refuse to continue down the austerity path they’re currently on. If this is really the state of play, then Greece will get a few minor concessions that Tsipras can spin as a victory for domestic consumption, but not much more.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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