Banksters demand "political stability"
by system failure
We have already passed to the last month of the summer and the Greek government is ready to "continue the job" taking new cruel measures, following the orders of the Troika lenders. It is almost certain that the European neoliberal economic empire has set a specific timetable to finish the experiment in Greece, therefore, current government will receive any possible assistance to end its term on time.
As we are getting closer to September, after the summer "relaxation", international bankers mobilized Moody's to give the first "gift" to the Greek government, upgrading Greece's government bond rating by two notches.
After the "success story" and "exit to the markets" fiasco, as the power of the government coalition parties has been reduced further after the euro elections, banksters worry even more for an abrupt experiment interruption in Greece due to the higher possibility of early national elections, so, they have launched another operation to support current neoliberal government which barely stands on its feet.
As expected, the "official channels" of the local banking-media dictatorship, reproduced the news with incredible speed. The mainstream media anxiety to present the Greek bonds upgrade as an issue of top importance, can be seen in the fact that in the most (if not in all) central news of the biggest TV channels this was the first theme, dressed - in many cases - with the "appropriate analysis" concerning the coming recovery which never comes. Argentina's default came as a gift from heaven for the Greek mainstream media since it was used as an indirect warning of what is going to happen to Greece in case of "political instability".
It's quite characteristic that these two themes, i.e., the "upgrade of Greece" and the "default of Argentina", were the first in the central news of the biggest TV channels, close to each other, so that the average viewer to get the "right message". The big crime of Israel in Gaza, which is still taking place, suddenly removed from the first place as a major issue.
What's most impressive, however, and funny somehow, is the fact that the famous markets with the banks and the rating agencies, clearly prove through their own actions that they act purely with political criteria, although they try to persuade for the opposite, by producing technical analyses through which supposedly "evaluate" national economies.
How else could we explain the fact that Moody's has chosen this moment of time to upgrade Greek bonds, when the condition of the Greek economy, according to the data, is much worse than 2010 when Greece was excluded from markets? When there is not even the slightest sign for the "coming recovery"?
Furthermore, how else could we explain the fact that according to Moody's "The key factor constraining the rating at the Caa level is the continuing high level of political uncertainty. Moody's stresses that there is a high probability of early parliamentary elections by Q1 2015 primarily stemming from the eroding coalition majority and constitutional rules related to the Presidential appointment due by February 2015." (http://www.macropolis.gr/?i=portal.en.economy.1415), which is purely a political statement-warning in favor of the preservation of the current political authority?