The fires in Greece are an EU/euro Dresden: a direct result of requiring the Greek government to end its brush-clearing program and slash government employment and infrastructure. The EU always puts banks ...more
From Greg Palast’s investigative reports for Greek and US news
Europe is stunned, and bankers aghast, that the new party of the Left, Syriza, won Sunday’s parliamentary elections in Greece.
Syriza won on the promise that it will cure Greece of leprosy.
“To me, Greece is a crime scene,” said Palast. “Greece is dying, and austerity is one of the things that killed it.” He rebuked the recent proclamations made by Greek and EU officials deeming Greece an economic “success story,” describing them as “nonsense.”
Here’s what we’re told: Greece’s economy blew apart because a bunch of olive-spitting, ouzo-guzzling, lazy-ass Greeks refuse to put in a full day’s work, retire while they’re still teenagers, pocket pensions fit for a pasha; and they’ve gone on a social-services spending spree using borrowed money. Now that the bill has come due and the Greeks have to pay with higher taxes and cuts in their big fat welfare state, they run riot, screaming in the streets, busting windows and burning banks.
I don’t buy it. I don’t buy it because …more