Written by Yvonne R. Williams   

Responding to the article: How I Would Vote on The Greek Referendum
http://readersupportednews.org/opinion2/277-75/31026-focus-how-i-would-vote-in-the-greek-referendum: By Joseph Stiglitz, Guardian UK
30 June 15.

Great article with a different twist.
I remember two thoughts: Dead Right and the other thoughts is you may be 100% correct in regards to what you are trying to communicate, however the envelope which you choose to wrap your communication statement is so harsh that intended recipient will not even open it to benefit from the message. Both are the case here with Greece. Unfortunately for the Greeks they elected two people that had poor communication and poor negotiation skills. Honestly and humility were not characteristics either of these two elected officials emulated very well.

The citizens of Greece elected Alexis Tsipras as their Prime Minister and Yanis Varoufakis as their Finance Minister. These two individuals seem to have the same temperament - hot heads. Unfortunately these two elected leaders did not come off as negotiating in good faith. If the terms and conditions were unacceptable in the offers then the specifics of that information should have been continually shared in an unbiased manner with their constituents throughout the negotiation process.

What the Greeks would or would not do in regards to the payments that were scheduled during the negotiations should have been established and agreed upon up front. If the Tsipras had no intentions on making a single payment until the negotiations were final, that should have been stated whether agreed upon or not from the beginning. Then it would not have been a surprise, but instead a known fact. However, time after time these two leaders waited until the 11th hour and found a loop hole to push out the payments minutes before they were due, which lost them credibility. If they wanted to have a referendum vote to determine the wishes of the people they represented, that should have been scheduled a month ago with clear and unbiased assimilation of the information.

What is being voted on should have been crafted and agreed upon by all parties involved. That information should have been translated, distributed via the media worldwide and voted upon without any recommendations. The outcome would have demonstrated they had the support of the Greek people without having to try and tilt the scales. The German's would have had to give in more if the terms were that harsh and the Greek Exit would not even have been a topic. Just the inhumanness of terms offered would have been the issue. If the leaders wanted to vote on staying or exiting the Euro that would have been a separate vote all together. The media would have analyzed the terms that were being offered. Did all the calculations and determined this offer was humanly unreasonable. The Greeks again would have had International Support to push for a better offer.

To walkout of a negotiation meeting days before a critical drop dead deadline demonstrated Tsipras and Yanis immaturity. Their actions stressed their nation unnecessarily. None of the consequences were calculated. Now for sure everything stated in the article by Joseph Stiglitzare was probably fact, however you cannot get to a settlement without honesty and humility when you are the nation needing concessions. By being honest and spelling out clearly the impact of the offer and the real net gain to the people of Greece -the World would have rallied against the Negotiators and Greece would have gained the International Support they needed to get an acceptable deal on the table. But now instead everyone just wants the EU to make this drama go away because of the impact on the stock market. And, after the first hit on Monday and investors in the United States see nothing really impacted the us directly, that will be the last of it for us. From this point on the impact will just be used to provide liquidity for the market to have momentum to move up pass the thresholds we were trying to get pass before the Greek drama.

The S&P 500, Dow Jones and NASDAQ will all obtain new highs next week. Greece will slip into a depression regardless of the vote because it is like being on public assistance and getting kicked off. It takes a while to get signed back up and in the system. Not to mention now you have to take whatever is available not necessarily what you had before you voluntarily exited the assistance program.

For certain the world does not want to see the Greeks suffer this horrible faith. Visually seeing senior citizens standing in line or fainting at the ATMs makes the world take notice. No one wants a bad ending to this story, regardless of the proximity or the drama that lead us to this point. The World is praying for the Greek Citizens and their Leaders.