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Democracy officially terminated by the European Financial Dictatorship in Portugal!

Further signs of panic in another coup after Greece

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The European Financial Dictatorship showed further signs of panic in Portugal this time. After the significant loss of power of the neoliberal Right in recent national elections, a constitutional coup took place in order to prevent the anti-austerity forces of the Left to form a government.

From Telegraph:

Constitutional crisis looms after anti-austerity Left is denied parliamentary prerogative to form a majority government.

Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.

Anibal Cavaco Silva, Portugal’s constitutional president, has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate to smash the austerity regime bequeathed by the EU-IMF Troika.

He deemed it too risky to let the Left Bloc or the Communists come close to power, insisting that conservatives should soldier on as a minority in order to satisfy Brussels and appease foreign financial markets.

Democracy must take second place to the higher imperative of euro rules and membership.


It is worth to remember the coup against Greece, directly by the European Financial Dictatorship mechanisms, as described clearly by the former Speaker of the Greek Parliament, Zoe Konstantopoulou in her speech at the United Nations at the Fourth World Conference of Speakers of Parliament:

On June 25th, a 48 hour ultimatum was addressed to the Greek government asking it to accept, contrary to popular mandate, a series of measures dismantling labour law, abolishing social security guarantees and legal protection for over-indebted citizens, while at the same time requiring the sell-out of the most precious public assets and public enterprises, but also major ports, airports and public infrastructure.

All to be sold or given away to repay an unsustainable and odious debt. The Hellenic Parliament, accepted the Government’s proposal to hold a referendum on the ultimatum, and the Greek people, through a large majority of 62%, rejected the measures.

During the referendum week, international and foreign government officials tried to influence the referendum outcome through statements terrorizing the people.

The referendum was held with the banks closed and capital controls imposed as a result for the ECB’s refusal to provide liquidity after the proclamation of the referendum.

And yet, democracy prevailed. The people pronounced themselves clearly and said a 62% NO to those homicidal measures.

What followed is a nightmare for every democratic conscience and a disgrace.

The creditors refused to consider the referendum outcome. They insisted, under the threat of provoking a bank-failure and a humanitarian disaster, that measures harsher than those rejected be adopted.


The Brussels-Berlin axis finally marked a Pyrrhic victory against Tsipras, while managed to get rid of SYRIZA's dangerous radicals. In case of Portugal, the local pro-euro puppets didn't hesitate to abolish constitutional order, obviously because they didn't want to risk a Leftist coalition which might resist against catastrophic policies. Therefore, democracy is officially terminated by the European Financial Dictatorship.

This is another sign of a downgraded Europe, which is unable to retain its principles and Democratic values. Its inability to find a viable solution to the refugee problem, make things worse. This is the image of an increasingly repulsive Europe for its citizens.

These are signs of a dictatorship which tries hardly to keep its power. The next big battle will be the Spanish elections. What will happen in case that the euro-puppets dare to proceed in another coup if the traditional neoliberal powers lose much of their strength?

Meanwhile, the Icelanders are giving lessons to the bankster-dominated European Financial Dictatorship called eurozone, and the bankster-dominated empire called United States:

In two separate Icelandic Supreme Court and Reykjavik District Court rulings, five top bankers from Landsbankinn and Kaupping — the two largest banks in the country — were found guilty of market manipulation, embezzlement, and breach of fiduciary duties. Most of those convicted have been sentenced to prison for two to five years. The maximum penalty for financial crimes in Iceland is six years, although their Supreme Court is currently hearing arguments to consider expanding sentences beyond the six year maximum.” (fa.ev/things-never-happen-in-efd-us)

Note that Iceland is not part of the eurozone, not even part of the European Union.

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