Saving the euro at workers’ expense

[marmar]

from Green Left:



Saving the euro at workers’ expense
Saturday, July 30, 2011

By Lee Sustar


The euro will survive for now — but only because working people in Greece and other European countries face greater suffering.

That’s the not-so-hidden agenda behind the new US$227 billion bailout of Greece organised by the most powerful countries of the European Union, mainly France and Germany.

The rescue comes little more than a year after a $155 billion rescue that was supposed to stop the debt crisis.

However, the deal is contingent on even greater austerity measures in Greece, where workers have struggled for months against cuts in social spending, higher taxes and growing unemployment. ............(more)

The complete piece is at: http://www.greenleft.org.au/node/48341

[OHdem10]

1. Here in USA, we are saving the Aristoctats at Worker's Expense

Just watch and see how all these reforms play out.

[sunwyn]

2. Not only are they rescuing the aristocrats in Greece, we are footing the bill.

[MedicalAdmin]

3. Rich people need to start dying.

Perhaps then they will see the wisdom of paying a small percentage of their fiar share. If they don't and if then they die as a logical outcome of their rapacious greed then I won't shed a tear or lose a moments sleep. In fact I hope it ends up on YouTube so I can watch it over and over.