Showing posts with label The New Statesman. Show all posts
Showing posts with label The New Statesman. Show all posts

Monday 13 July 2015

You Have Felt The Pain, Now For The Agony!!

     For some time now the Troika, (ECB, European Central Bank, IMF, International Mankind Fuckers, EC, European Commission) have been holding a gun to the head of the people of Greece, now they pull the trigger. Syriza has accepted a deal worse than the one that 62% of the people of Greece had just recently rejected, so much for European democracy. Syriza, like all political parties, when push comes to shove, they play by the rules of the Financial Mafia. 
      The God-fathers of the financial Mafia have taken a "left leaning" government and rubbed their noses in the shit, and it is the people of Greece that will feel the pain. After more than five years of collapsing living conditions, five years of failing health service, five years of disintegrating education system, they are now being forced to endure higher taxes, lower pensions and higher unemployment for the foreseeable future, and their national assets sold off to fund the European banksters. Will the Syriza group be able to get the coup accepted by the Greek parliament? My opinion is they will, but will the people of Greece accept that ruling from the puppets in the Greek parliament, I hope not.

    An interesting comment in The New Statesman, from Varoufakis tells us how democracy works in Europe:
    When Donald Tusk, the European Council President, tried to issue the communiqué without him, Varoufakis consulted Eurogroup clerks – could Tusk exclude a member state? The meeting was briefly halted. After a handful of calls, a lawyer turned to him and said, “Well, the Eurogroup does not exist in law, there is no treaty which has convened this group.”
     “So,” Varoufakis said, “What we have is a non-existent group that has the greatest power to determine the lives of Europeans. It’s not answerable to anyone, given it doesn’t exist in law; no minutes are kept; and it’s confidential. No citizen ever knows what is said within . . . These are decisions of almost life and death, and no member has to answer to anybody.”
Events this weekend seem to support Varoufakis’ account. On Saturday evening, a memo leaked that showed Germany was suggesting Greece should take a “timeout” from the Eurozone. By the end of the day, Schäuble’s recommendation was the conclusion of the Eurogroup’s statement. It’s unclear how that happened; the body operates in secret. While Greeks hung on reports of their fate this weekend, no minutes were released from any meetings.
Read the full article HERE:

And from The Barbarian Times: 
        Syriza has shown their hand- as if anyone needed confirmation. At The Barbarian Review we have taken a consistent line fully against Syriza, in contrast to many of the unsupportable illusions that have been promoted in certain radical sectors, and the proof of this can be read by anyone. Well before there was Syriza, there were any number of past Marxist dictatorial and social-democratic failures. History clearly showed what was going to take place. Now Syriza is just another austerity government but with more ridiculous rhetoric, and more generous helpings of incompetence. The shuttered stores, abrupt policy changes, populist-nationalist rhetoric, and official lies surely recall to mind life in the East Bloc. The only thing missing is more serious repression, which presumably is not far off.
 
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Thursday 8 March 2012

PHASE 1, GREECE, PHASE 2, EUROPE!!


    So you thought that once the financial Mafia and plundered and raped Greece, we would be all sorted out and growth would come galloping to the rescue and return us all to everlasting prosperity. Well it seems it is not going to quite work out like that. Just as the “financial crisis” of 2008 slips into the fog of short memories along comes the rumblings of another wee problem with the financial sector, Oh dear will prosperity be delay? Well of course it will for you and I, but not for the unimaginably rich financial parasites that live off our backs, after all, this is capitalism.


 
This from The New Statesman:
 

The finance sector is signalling alarm, and our politicians are once again asleep at the wheel. Another "credit crunch" may be looming. The most significant evidence emerged from the ECB's second Long Term Refinancing Operation (LTRO) on Thursday last week.
The LTRO is simply language intended to disguise the "printing of money" by the ECB for lending to private European banks at a very low rate of interest - 1 per cent. (In fact, the money is not even printed: it is created by entering digits into an ECB computer, and then transferring hundreds of billions of euros as 'bank money' to private banks.)
The fact that British banks rushed to drink from this punch bowl, tells you something about the state of their balance sheets.

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