Skip to main content

Greece’s colossal cave in

by Robert Hunziker

Europe’s Left has finally renounced the Syriza Party (acronym for Coalition of the Radical Left), as Jean-Luc Mélenchon of France Insoumise or “Unsubmissive France” calls for Greece’s Syriza booted out of the Alliance of Leftists. Greece’s PM Tsipras of the Syriza Party faux Left is way too far Right!

In stark contrast to Syriza’s Greek PM Alexis Tsipras, Monsieur Mélenchon, a Member of the European Parliament (“MEP”), calls for (a) an end to “presidential monarchy in France,” (b) enhanced environmental protections, (c) increased labor rights, and in harmony with his hard left sympathies, lo and behold, (d) a 100% income tax on those earning over €360,000 a year.

As for Syriza, Mélenchon says it has become “impossible to rub shoulders” with Syriza and Greek Prime Minister Alexis Tsipras given attacks on working people. Unfortunately for hard working Greeks, that may be a gross understatement. It now appears they were sold a bill of goods by PM Alexis Tsipras representing the Left since January 2015, as he infamously serves to please, time and time again, whenever Wolfgang Schäuble (DE), the Eurozone’s notorious Hatch Man, frowns, oh so frequently!

According to SocialistWorker.org: “In January 2015, the Coalition of the Radical Left, or SYRIZA, was swept into office on a huge tide of votes in national elections. There was immense hope that the new government led by a party that had remained uncompromising in its opposition to austerity would finally stand up to the European Union and defend working class living standards ravaged by the economic crisis and the punishing Memorandums demanded by the lenders. Yet by July of that year, Prime Minister Alexis Tsipras had capitulated, signing up to a new Memorandum. The attacks on workers, the poor and immigrants have continued unabated.”

After years of being screwed over, Greece is so bloody exhausted from hard right European Troika aka: European Commission, European Central Bank and IMF screwing that the country resembles a haggard dark-eyed nymphomaniac hard-core heroin addict at the first break of dawn, squinting into blinding brightness, too hacked to sit up in bed. Now, after years of raw naked brutality, Greece has morphed into a forlorn soulless zombie with nothing more to lose.

In its latest installment of “Robbing Greece Blind,” big bad Troika has instituted (1) a new raft of privatizations and (2) benefit cuts, including cuts to child care, as well as disability benefits, (3) the sale of 14 additional public assets, and (4) stern measures to facilitate repossession and sale of properties of families who fall behind in payments. Oh yeah, also, (5) longer working hours for teachers; thus, providing some kind of arrangement for kids when their parents are evicted.

In order to approximate the impact of Troika’s version of Panzer Division-type-hybrid attacks, consider the following: Recently pensions were cut once again for the 17th successive pension reduction in seven years, which may be a new world record for enforcement of austerity measures to satisfy neoliberal spirits. Meantime, the Greek health system is crumbling under the weight of “one of the greatest economic and social catastrophes in the whole history of international capitalism.” (Source: Dimitris Konstantakopoulos, member Secretariat of Syriza, The European Left and the Greek Tragedy, Defend Democracy Press, May 22, 2017)

Not only, Greece’s GDP has fallen by 27% as a result of a makeover program that was strongly suggested, by Troika, to help the economy grow, not fall apart, down and out for the final count. Astonishingly, nowadays Greece mirrors the Great Depression of 1929-33, and it’s already embedded ten (10) years of continuous recession, which sets another record. Evidently, somebody at Troika forgot to push the “start button.”

Mysteriously, but maybe not so mysterious, this particular Greek Tragedy does not pass the sniff test. Something is rotten, somewhere. In order to get to the bottom of it, according to Dimitris Konstantakopoulos, member Secretariat of Syriza: “The Greek Reform Program was no mistake but was and remains the premeditated assassination, by economic and political means, of a European nation and its state, for reasons of much wider significance than the significance of the country itself,” Ibid.

Which prompts: Why so brutally horribly dehumanizing?

According to one analysis, Greece is the scapegoat for all European ills, thus it represents a looming threat to all other abusers of neoliberal dicta. The rationale: Other delinquent southern European countries were spared the hatchet only because, if Troika brutalized them as well, it risks alliances of like-minded protagonists and revolt all across half of Europe. Which would exceed the wherewithal of the grand neoliberal crusade and possibly blow its covert operations wide open for all to see. As it happens, Greece was/is low hanging fruit and a perfect whipping boy that hopefully knocks some sense into spendthrift Mediterranean lefties, or so the Troika likely assumes. Otherwise, why destroy Greece?

As it happened, Troika misrepresented good intentions, and in fact lied by publicly claiming Greece was receiving enormous amounts of financial support from its European partners, whereas 95% of those funds zip-zip right back to Deutsche Bank, PNB Paribas, and other U.S. and European banks, bypassing Greece’s banks and citizens as quickly as a finger click. But wait; of course, Greece keeps five percent.

In order to receive Troika’s financial bailout, Greece has undergone a massive transfer of public assets, all the best stuff, to privatization interests, part of the hardcore hypothesis behind neoliberalism, e.g., (1) 14 major regional airports sold to Germany’s Fraport, (2) the Port of Piraeus, one of the largest ports in Europe sold to China’s Cosco, (3) the Port of Thessaloniki, which is Greece’s second largest city, sold to a German consortium, and (4) privatization funds created, under Germany’s direction, for water utility transfers to private hands, prompting the president of the Greece water company trade union to forewarn that the for-profit model often times raises prices for consumers and sometimes service degrades. But then it’s too late to do much about it.

And, come to think of it, why should water be a for-profit enterprise in the first instance? And, why should ports, as old as the city of Athens, be for-profit private enterprises? By longevity alone, it is an iconic attachment to Greece, dating back centuries upon centuries. Maybe some precious things in life should escape the dictates of profit for the few in favor of the common interests of the many.

Regardless, financial colonization is ripping Greece to shreds same as 19th-century European colonization of Africa, in harmony with the Industrial Revolution, shredded natural resources. But, nowadays Industrial Revolution is passé as the Internet revolutionizes everything, other than the onslaught of neoliberalism’s transnational elite special forces.

Postscript: Close to chaos, because the market is not just, you’re far away from the country which was your cradle.

What was searched and found with one’s soul, is now considered to be as worthless as scrap metal…

Booze at last, drink! [European] Commissioners’ cheerleaders shout.

However, Socrates gives you back the [hemlock poison] cup full to the brim.

Curse you as a chorus, which is characteristic of you, will the gods, whose Mount Olympus you want to steal.

You’ll waste away mindlessly without the country, whose mind invented you, Europe. A Poem (portions of) by Günter Grass, 2012

Source:

Comments

Popular posts from this blog

How a group of economists undermined public institutions, paving the way to neoliberalism

An assumption had become a truth. The self-interested model of human behaviour, that had been developed in the Cold War to make the mathematical equations work, had now been adopted by these economists as a fundamental truth about the reality of all human social interaction.
globinfo freexchange
A group of economists in the early 70s arbitrarily adopted the self-interested model of human behaviour that had been developed in the Cold War, to explain the dysfunctionality of public institutions. This perception would become a powerful tool in the hands of the neoliberal ideology, carried by big banks and corporations, to demonize the state and dismantle any state control upon them at the expense of the societies.
In his documentary The Trap, Adam Curtis explains:
In the early 70s, the government bureaucracies in Britain began to collapse. Those around them blamed a growing economic crisis, but it was clear that something much more fundamental had gone wrong. What were supposed to be institut…

Italy, Greece, Deutsche Bank: heavy clouds of non-linear collapse gather again above Europe

globinfo freexchange
For nearly ten years now, the key decision centers inside eurozone are trying to hide the huge problems, pretending that the crisis is behind, in order to maintain a completely failed economic model, which also reveals, day by day, its authoritarian nature and despise against real Democracy. The totally problematic structure of eurozone makes things even worse.
In Italy, we had another political crisis and a constitutional coup because the new majority and potential coalition government is not likeable to the Brussels/Berlin axis.
In Greece, things are not looking better. The country is about to exit the IMF-type neoliberal program imposed by the Troika (ECB, European Commission, IMF), in August. Yet, the economy is still in very bad shape, drowning in stagnation, with unprecedented unemployment, nearly zero growth and a national debt at 180% of GDP, which is actually much higher than Greece's debt in 2010 (120% of GDP) when crisis hit the country!
In fact, the eu…

More evidence that the 2011 riots in Syria were sparked by a false flag operation

globinfo freexchangeIndependent journalist Eva Bartlett spoke with Lee Camp about her recent trip in Syria. Bartlett visited the hospital in Douma where many victims of the latest alleged chemical attack went to receive medical care. Bartlett spoke with a medical student who was working the day of the alleged attack, and actually confirmed the reporting by the veteran journalist Robert Fisk, according to which there was no evidence of a chemical attack.
Bartlett also went to Daraa, where the first protests took place in 2011, and spoke to people there. They confirmed what many other investigative journalists support. 

This is strong evidence that it was a false flag operation that actually sparked the subsequent riots:
In the initial protest, Daraa was named as the birthplace of the so-called revolution. And Daraa is a city in the very south of Syria, not a very large city, and a rather unlikely city for a so-called revolution to have started. But prior going to Daraa, I interviewed a do…

WikiLeaks reveals Italian officials had serious concerns about Italy's ability to participate in the monetary union already since the late 70s

The WIKILEAKS Public Library of US Diplomacy (PlusD)holds the world's largest searchable collection of United States confidential, or formerly confidential, diplomatic communications. As of April 8, 2013 it holds 2 million records comprising approximately 1 billion words. The collection covers US involvements in, and diplomatic or intelligence reporting on, every country on earth. It is the single most significant body of geopolitical material ever published. The PlusD collection, built and curated by WikiLeaks, is updated from a variety of sources, including leaks, documents released under the Freedom of Information Act (FOIA) and documents released by the US State Department systematic declassification review.
globinfo freexchange
A 1978 cable from the US Bureau of Economic and Business Affairs to the Secretary of State, was monitoring in detail the Italian serious concerns on the perspective of Italy joining the European monetary union. It describes an atmosphere of anxiety insi…

How eurozone became a financial dictatorship

It all started with the silent coup against Ireland
globinfo freexchange
In 2010, Ireland experienced Frankfurt's political blackmail. On the 18th of November, where there was a governing council of the ECB in Frankfurt. The governor of the Irish central bank who sat on the governing council, called "Morning Ireland" which is the most important radio program in Ireland, to say that Ireland will need what he called a loan. He didn't warn the government about it and this created a massive panic.
Then, the next day, there was a letter written from the then president of ECB, Jean-Claude Trichet, to Brian Lenihan, the minister of finance at the time, saying that 'if you don't apply the so-called bailout program, by this opening of the markets the following Monday, we're going to cut off access to Emergency Liquidity Assistance (ELA)', which obviously would have collapsed the Irish banking system.
The ECB used the liquidity weapon in order to impose its terms o…

David Harvey: unless there is some real new thinking, another crisis is inevitable

globinfo freexchange
Chris Hedges spoke with David Harvey about the repeated crises of the capitalist system, which generate further instability, especially since the early 70s where we have the rise of financial capitalism and neoliberal ideology.
As Harvey points out:
Interestingly, in almost every crisis there has been a good deal of re-evaluation of exactly how to think about the economy, how to think about the relationship between state power and politics and all this kind of stuff.
Since 2007-08, is hardly any new thinking at all. And actually, we're trying to hang on. And we are trying to hang on because the oligarchy - which has all of the money, all of the power - is actually in a situation where it does not want any change. And until we confront the oligarchy, we're not going to find a way of exiting from this, apart from repeating what happened in 2007-08.
And the interesting thing when you look back, before 2007-08, and you see big financial crises in Argentina, in Braz…

The facts about Venezuela’s May 20th Presidential Election

Despite a high level of election transparency, one that Jimmy Carter called “the best in the world”, the US and its allies have accused Venezuela of election fraud. Caleb Maupin breaks down how Venezuela’s electoral system really works.
by Caleb T. Maupin
Part 3 - Accusations of Fraud
Despite the stringent safeguards in place to protect Venezuela’s election integrity, international media based in Western countries have widely claimed the election was fraudulent. Those claiming that the results are illegitimate have cited prior statements from SmartMatic, a corporation based in London that manufactured Venezuela’s voting machines. An official statement from SmartMatic claimed the 2017 Constitutional Referendum vote showed “tamper evident.” Statements from SmartMatic have been vague about how exactly the results were illegitimate or what malpractice took place.
Tibisay Lucena, president of the National Elections Center (CNE), says the claims from SmartMatic and its Chief Executive Antonio …

Will the Swiss citizens beat the banksters today?

About 5.3 million Swiss citizens, including registered members of the Swiss Abroad community, are eligible to take part in the June 10, 2018 ballot. Votes on a broad range of issues, as well as elections, also take place in many cantons and municipalities across the country.
globinfo freexchange
The Swiss sovereign-money referendum of June 2018, also known as the Sovereign-Money Initiative, aims to give the central bank of Switzerland the sole authority of "creating money."
This is actually what the proponents of the Swiss "Vollgeld Initiative" want. They say only the government, through the publicly-owned Swiss central bank (SNB), should be able to create money and put it into circulation.
The Sovereign Money Initiative aims to give the Swiss Confederation a monopoly on money creation, including demand deposit (full-reserve banking, by including the creation of scriptural money in the legal mandate of the Swiss National Bank. The name of the initiative was inspired by…

Stock market: one of the biggest frauds in the age of financial capitalism

globinfo freexchange
Lee Camp speaks with Tan Liu about his revealing book The Ponzi Factor, where Liu exposes all the big fraud of the stock market. Liu explains why the stock market, especially today, in the era of financial capitalism, is the purest definition of a Ponzi scheme:
The issue, of course, is profits from stocks and what makes a stock price move, is not the earnings and growth. It is actually money from another investor. Now, is there a connection at all with respect to earnings and growth and this price movement? Yes, it's called a speculative connection. It is not a legal one. It is not a logical one. It is not a definitive, or, a mathematical one.
The SEC defines three basic features of a Ponzi scheme:
One, it is an investment scenario. Two, the investment profits come from other investors. Three, the investors think the profits come from somewhere else.
What we can clearly observe every single day, every single moment the stocks are trading, is an event where the stoc…

Marx predicted our present crisis – and points the way out

The Communist Manifesto foresaw the predatory and polarised global capitalism of the 21st century. But Marx and Engels also showed us that we have the power to create a better world.
by Yanis Varoufakis
Part 1 - The spirit of communism driving the manifesto is proving hard to silence
For a manifesto to succeed, it must speak to our hearts like a poem while infecting the mind with images and ideas that are dazzlingly new. It needs to open our eyes to the true causes of the bewildering, disturbing, exciting changes occurring around us, exposing the possibilities with which our current reality is pregnant. It should make us feel hopelessly inadequate for not having recognised these truths ourselves, and it must lift the curtain on the unsettling realisation that we have been acting as petty accomplices, reproducing a dead-end past. Lastly, it needs to have the power of a Beethoven symphony, urging us to become agents of a future that ends unnecessary mass suffering and to inspire humanity …