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Ken Burch

(50,254 posts)
Mon Jul 6, 2015, 07:22 PM Jul 2015

Stand with Greece!

The Greek people took a heroic step on Sunday, rejecting the totally unjustified and anti-democratic EU/IMF demands for crippling, economy- and soul-destroying austerity measures.

The Greek economy is struggling to survive, yet EU/IMF wants even more reductions in state employment, despite the fact that all such cuts can do is push the country into economic collapse.

Greek pensioners have been killing themselves for year, yet EU/IMF wants even MORE pension cuts.

The people of Greece have suffered enough- especially since the crisis was not caused by the Greek people at all, but by corruption of the old Greek oligarchy...the same crowd that wants to bring the SYRIZA government down and restore the economic royalist old days.

And Angela Merkel, who leads a country that was driven into collapse and fascism by the unjust austerity demands of Versailles, should know better than to ever demand austerity of any OTHER country.

All decent people need to stand with Alexis Tsipiras and the people of Greece, for human decency and human equality, for social justice and for democracy, and say NO MORE AUSTERITY DEMANDS! NO MORE SACRIFICE! NO MORE PUNISHMENT OF THE MANY FOR THE CRIMES OF THE FEW!

Anyone who calls herself or himself a Democrat should feel obligated to back the Greek people in their fight against austerity and to support the anti-austerity, pro-democracy movement that is spreading throughout the world.

17 replies = new reply since forum marked as read
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WhaTHellsgoingonhere

(5,252 posts)
15. Hopefully, Hillary's economic advisors have changed since 2011
Wed Jul 8, 2015, 01:53 PM
Jul 2015

Stiglitz, Krugman, Reich, Piketty and others stand against austerity. Why wouldn't they, austerity has never worked.

She'll tack to the left.

 

snooper2

(30,151 posts)
6. maybe you should watch this, this is from four years ago
Tue Jul 7, 2015, 02:29 PM
Jul 2015

maybe the people of Greece should start producing something, stop retiring at 50, and elect some leaders that passed some fourth grade math classes-




 

Ken Burch

(50,254 posts)
8. The debt was caused by the Greek oligarchy, not the people.
Tue Jul 7, 2015, 11:08 PM
Jul 2015

And the retirement age is 55, not 50.

Greece has made ENOUGH cuts. It's immoral to ask the people of Greece to accept even more cuts...especially among pensions, which have been cut so low that some elderly Greeks are committing suicide because the pensions are no longer high enough to keep people alive. The banks should be nationalized under the democratic control of the people and the Greek rich(and the foreigners who've got rich off of the wealth of the Greek nation) should finally be made to pay their damn taxes.

Don't just parrot corporate/EU/IMF propaganda.


 

WhaTHellsgoingonhere

(5,252 posts)
16. Thank you for posting a silly link about nothing that...
Wed Jul 8, 2015, 02:17 PM
Jul 2015

is only 1:30 minutes long. Most people who don't bother to read Stiglitz, Krugman, Reich, Piketty, etc. expect me to suffer through an 8 minute overproduced video about nothing. I wonder who's advising Hillary.

"Goldman Sachs’s instant gain on the transaction illustrates the dangers to clients who engage in complex, tailored trades that lack comparable market prices and whose fees aren’t disclosed. Harvard University, Alabama’s Jefferson County and the German city of Pforzheim all have found themselves on the losing end of the one-of-a-kind private deals typically pitched to them by securities firms as means to improve their finances."

http://www.bloomberg.com/news/articles/2012-03-06/goldman-secret-greece-loan-shows-two-sinners-as-client-unravels

There have been a shit ton of articles about this for years. You can probably find a video, too. Robert Reich likely has a 2 minute video.

roamer65

(36,745 posts)
9. For a successful GREXIT, Greece needs to do one thing.
Tue Jul 7, 2015, 11:14 PM
Jul 2015

Declare all external debt to be revalued into drachma from euros. That way banksters will support the new drachma, and not undermine it. If they undermine it, the haircut simply gets worse for them.

 

Ken Burch

(50,254 posts)
10. I really hate that use of the term "haircut" in this context.
Tue Jul 7, 2015, 11:16 PM
Jul 2015

Pensions and social welfare programs are about human dignity...they aren't trivial fashion accessories. It's not as if losing them is

"no biggie".

hack89

(39,171 posts)
14. The banks own very little of that debt
Wed Jul 8, 2015, 01:44 PM
Jul 2015

over the course of several bailouts they have significantly reduced their exposure to Greek debt. The tax payers of the EU are the ones on the hook right now.

 

randome

(34,845 posts)
13. I stand with Greece!
Wed Jul 8, 2015, 01:41 PM
Jul 2015

Or not.


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Nothing.
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