Greece: Tsipras Surrenders to Troika Bandits…”. It’s painful to see how easily powerful monied interests can destroy a nation without firing a shot.”
By Stephen Lendman
Global Research
July 13, 2015
Greece is being systematically raped and pillaged. It’s painful to see how easily powerful monied interests can destroy a nation without firing a shot. Financial war is as cruel and ruthless as naked aggression.
Long-suffering Greeks understand better than establishment economists – paid to con people to believe destructive policies benefit them.
Harder than ever hard times awaits Greeks and ordinary people throughout Western societies. Regimes in Europe and America serve their privileged elites alone at the expense of most others, especially their most vulnerable and needy.
Their governments are their worst enemies – in bed with dark forces destroying their welfare and futures. SYRIZA was elected on a pledge of no more austerity. Betrayal followed. It’s just a question of how bad things will be once the dust settles. What’s happening isn’t pretty.
On Sunday, Eurogroup president/Dutch finance minister Jeroen Dijsselbloem gave Greece the Troika’s take-it-or-leave-it harsh ultimatum – a list of stiffer austerity measures than earlier proposed and other tough ones as a condition for more bailout help – now reportedly for 86 – 87 billion euros over three years (10 billion euros immediately for bank recapitalizations).
Greece’s parliament must approve the deal and legislate Troika diktats into law with Tsipras’ signature by July 15. Terms agreed on include:
Higher regressive VAT taxes hitting millions of impoverished Greeks hardest along with broadening the tax base affecting ordinary people most.
Stiff pension cuts (on top of 40% eliminated earlier) including for poor retirees cut no slack.
Adopting a Code of Civil Procedure to streamline procedures and reduce costs – in other words, continued stiff budget cuts harming millions of Greeks already suffering hugely from earlier imposed austerity.
Full implementation of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union’s key provisions – including mandated spending cuts gutting social services more than already.
Giving foreign investors freer access to plunder Greece’s economy.
Privatizing power generation and transmission along with other state enterprises previously off-limits.
The Rest…HERE
