Tsipras and Varoufakis Approve of Home Evictions and Expropriation of Depositors…(New Boss, Same As The Old Boss!!)
By Ernst Wolff
Global Research
July 27, 2015
During their election campaign, the Syriza movement promised the people of Greece an end to the inhumane politics of austerity and the dictatorship of the Troika.
After being elected in January, Prime Minister Tsipras and his Finance Minister Varoufakis negotiated with the EU commission, the ECB and the IMF for almost five months. While fulfilling almost all of their financial demands, Syriza’s leaders openly criticized the “institutions” for their tough bargaining and resisted some of their harshest measures.
At the beginning of July, the Troika tightened its grip on Greece. Tsipras and Varoufakis in return called for a referendum in which the people of Greece took a very clear stance and said “no” to the continuation of austerity politics.
Rather than fulfill this mandate, Tsipras responded with a 180-degree turnaround. He dismissed his finance minister, went to Brussels and accepted the most far-reaching austerity measures ever imposed on his country.
Meanwhile Tsipras has survived two votes in the Greek parliament with the support of exactly those forces whom he once called his political adversaries. He has also removed all those members from his cabinet that were unwilling to follow his new course.
Last Wednesday, both Tsipras and his former finance minister went even further by giving their consent to a reform package that will facilitate foreclosures and home evictions. Given the disastrous economic situation, high unemployment and the ongoing capital controls, thousands of home owners will fall into arrears with their interest and repayment installments in the coming months and thus become victims of this new legislation, which will go into effect on 1 January 2016.
Tsipras and Varoufakis, who loved posing as the advocates of the common people during their election campaign, are thus frankly siding with collecting agencies and openly turning their backs on working people strangled by debt.
However, there was worse to come in Wednesday’s vote. Pretending to “protect “Greek taxpayers, Tsipras and Varoufakis also gave their consent to the EU’s Bank Recovery and Resolution Directive (BRRD). This legislation provides for the replacement of bailouts of banks with taxpayers’ money by the partial expropriation of savers, depositors and shareholders.
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