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By Chris Hedges

Here’s to the Greeks. They know what to do when corporations pillage and loot their country. They know what to do when Goldman Sachs and international bankers collude with their power elite to falsify economic data and then make billions betting that the Greek economy will collapse. They know what to do when they are told their pensions, benefits and jobs have to be cut to pay corporate banks, which screwed them in the first place. Call a general strike. Riot. Shut down the city centers. Toss the bastards out. Do not be afraid of the language of class warfare—the rich versus the poor, the oligarchs versus the citizens, the capitalists versus the proletariat. The Greeks, unlike most of us, get it.

The former right-wing government of Greece lied about the size of the country’s budget deficit. It was not 3.7 percent of gross domestic product but 13.6 percent. And it now looks like the economies of Spain, Ireland, Italy and Portugal are as bad as Greece’s, which is why the euro has lost 20 percent of its value in the last few months. The few hundred billion in bailouts for other faltering European states, like our own bailouts, have only forestalled disaster. This is why the U.S. stock exchange is in free fall and gold is rocketing upward. American banks do not have heavy exposure in Greece, but Greece, as most economists concede, is only the start. Wall Street is deeply invested in other European states, and when the unraveling begins the foundations of our own economy will rumble and crack as loudly as the collapse in Athens. The corporate overlords will demand that we too impose draconian controls and cuts or see credit evaporate. They have the money and the power to hurt us. There will be more unemployment, more personal and commercial bankruptcies, more foreclosures and more human misery. And the corporate state, despite this suffering, will continue to plunge us deeper into debt to make war. It will use fear to keep us passive. We are being consumed from the inside out. Our economy is as rotten as the economy in Greece. We too borrow billions a day to stay afloat. We too have staggering deficits, which can never be repaid. Heed the dire rhetoric of European leaders.

“The euro is in danger,” German Chancellor Angela Merkel
told lawmakers last week as she called on them to approve Germany’s portion of the bailout plan. “If we do not avert this danger, then the consequences for Europe are incalculable, and then the consequences beyond Europe are incalculable.”

Beyond Europe means us. The right-wing government of Kostas Karamanlis, which preceded the current government of George Papandreou, did what the Republicans did under George W. Bush. They looted taxpayer funds to enrich their corporate masters and bankrupt the country. They stole hundreds of millions of dollars from individual retirement and pension accounts slowly built up over years by citizens who had been honest and industrious. They used mass propaganda to make the population afraid of terrorists and surrender civil liberties, including habeas corpus. And while Bush and Karamanlis, along with the corporate criminal class they abetted, live in unparalleled luxury, ordinary working men and women are told they must endure even more pain and suffering to make amends. It is feudal rape. And there has to be a point when even the American public—which still believes the fairy tale that personal will power and positive thinking will lead to success—will realize it has been had.

We have seen these austerity measures before. Latin Americans, like the Russians, were forced by the International Monetary Fund and the World Bank to gut social services, end subsidies on basic goods and food, and decimate the income levels of the middle class—the foundation of democracy—in the name of fiscal responsibility. Small entrepreneurs, especially farmers, were wiped out. State industries were sold off by corrupt government officials to capitalists for a fraction of their value. Utilities and state services were privatized.

What is happening in Greece, what will happen in Spain and Portugal, what is starting to happen here in states such as California, is the work of a global, white-collar criminal class. No government, including our own, will defy them. It is up to us. Barack Obama is simply the latest face that masks the corporate state. His administration serves corporate interests, not ours. Obama, like Goldman Sachs or Citibank, does not want the public to see how the Federal Reserve Bank acts as a private account and ATM machine for Wall Street at our expense. He, too, has helped orchestrate the largest transference of wealth upward in American history. He serves our imperial wars, refuses to restore civil liberties, and has not tamed our crippling deficits. His administration gutted regulatory agencies that permitted BP to turn the Gulf of Mexico into a toxic swamp. The refusal of Obama to intervene in a meaningful way to save the gulf’s ecosystem and curtail the abuses of the natural gas and oil corporations is not an accident. He knows where power lies. BP and its employees handed more than $3.5 million to federal candidates over the past 20 years, with the largest chunk of their money going to Obama, according to the Center for Responsive Politics.

continues in link....

http://www.truthdig.com/report/item/the_greeks_get_it_20100524/
 

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Sorry, but the supposed "bad guys" in this article have been misidentified. Greece is one of the many European countries that has simply overextended itself with it's Socialism. Too many people have been given too little work for too much money, too many vacations, too early retirement, and too much free healthcare. The masses came to expect this generosity, but like all socialistic societies, eventually the piper has to be paid. The only possible response at this point is for the government to cut those lavish benefits of citizenship. It's not unexpected that the masses would be upset or even riot. But Goldman Sachs is not the culprit here. It's the people who demanded this level of support from their government. The U.S. is well on it's way to this model as we speak.
 

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Sorry, but the supposed "bad guys" in this article have been misidentified. Greece is one of the many European countries that has simply overextended itself with it's Socialism. Too many people have been given too little work for too much money, too many vacations, too early retirement, and too much free healthcare. The masses came to expect this generosity, but like all socialistic societies, eventually the piper has to be paid. The only possible response at this point is for the government to cut those lavish benefits of citizenship. It's not unexpected that the masses would be upset or even riot. But Goldman Sachs is not the culprit here. It's the people who demanded this level of support from their government. The U.S. is well on it's way to this model as we speak.
and don't forget government has failed miserably on one of it's primary jobs-- regulation.. not the environmentally friendly type.. The type that would have kept, Enron, tyco, Cal power, Goldman, Stearns and many others in check...
 

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Discussion Starter #6
Sorry, but the supposed "bad guys" in this article have been misidentified. Greece is one of the many European countries that has simply overextended itself with it's Socialism. Too many people have been given too little work for too much money, too many vacations, too early retirement, and too much free healthcare.
Are you SURE who the bad guy is? :lookinup: Those things don't sound too bad to me.. but the guys who raped and pillaged them are evil to the core. Why not let the people doing the work have the perks? :huh:

The masses came to expect this generosity
When did we start calling "fruits of my labor" generosity? :huh:

but like all socialistic societies, eventually the piper has to be paid.
The piper didn't get paid, the banking cartel is getting paid, same as here. :thumbsup:

The only possible response at this point is for the government to cut those lavish benefits of citizenship.
Of course it is. There is no way the bankers will take the hit for their failed gambles.

It's not unexpected that the masses would be upset or even riot. But Goldman Sachs is not the culprit here. It's the people who demanded this level of support from their government. The U.S. is well on it's way to this model as we speak.
Rightly so.. because GS & the banking cartel own us also. The rich get richer, and the middle class becomes extinct. Time to wake up and smell the bullshit they now have you shoveling. :thumbsup::thumbsup:
 

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Are you SURE who the bad guy is? :lookinup: Those things don't sound too bad to me.. but the guys who raped and pillaged them are evil to the core. Why not let the people doing the work have the perks? :huh:



When did we start calling "fruits of my labor" generosity? :huh:



The piper didn't get paid, the banking cartel is getting paid, same as here. :thumbsup:



Of course it is. There is no way the bankers will take the hit for their failed gambles.



Rightly so.. because GS & the banking cartel own us also. The rich get richer, and the middle class becomes extinct. Time to wake up and smell the bullshit they now have you shoveling. :thumbsup::thumbsup:
I don't remember the numbers, but when the riots started, I read a Newsweek article about it. The Greeks tried, like many European countries, to have full employment by having 32 hour work weeks with 6 weeks a year vacation, retirement around 50 or 55, and full health for life along with government subsidized food and fuel prices. Is this expecting too much? I certainly think so. The article talks about how the government "looted" the treasury to pay the bankers. Well, if they borrowed money from the banks, they have to find a way to pay them back. The banks aren't the problem, the demand for services that were unaffordable was the problem. I'm sorry, this determination to make banks the bad guy for every problem is misguided. People need to be responsible and not demand more from their government than it can reasonably raise in taxes. (Hear that Mr. Obama and Democratic Party?)
 

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I don't remember the numbers, but when the riots started, I read a Newsweek article about it. The Greeks tried, like many European countries, to have full employment by having 32 hour work weeks with 6 weeks a year vacation, retirement around 50 or 55, and full health for life along with government subsidized food and fuel prices. Is this expecting too much? I certainly think so. The article talks about how the government "looted" the treasury to pay the bankers. Well, if they borrowed money from the banks, they have to find a way to pay them back. The banks aren't the problem, the demand for services that were unaffordable was the problem. I'm sorry, this determination to make banks the bad guy for every problem is misguided. People need to be responsible and not demand more from their government than it can reasonably raise in taxes. (Hear that Mr. Obama and Democratic Party?)
:laughing: Dang Tex, you drank the whole pitcher!
 

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:laughing: Dang Tex, you drank the whole pitcher!
Yep, the whole pitcher of responsible citizenry expecting responsible government - not Santa Claus government.
 

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Yep, the whole pitcher of responsible citizenry expecting responsible government - not Santa Claus government.
:laughing: Responsible citizen government, is quite different that what you advocate here.

Your telling me that, people should work until dying age, allow the bankers and their corps to rape and pillage them until dying age, and if they get sick before dying age, **** em. :huh:

Don't sound responsible to me.. but hey, what do I know? :laughing:

The bankers own/run the government, the government borrows from the bankers, who in turn raid the treasury, implement illegal taxation, then call it "austerity" when the people have to pay for the bankers failed gambles. Now wtf is responsible about that? :laughing::crazy:
 

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:laughing: Responsible citizen government, is quite different that what you advocate here.

Your telling me that, people should work until dying age, allow the bankers and their corps to rape and pillage them until dying age, and if they get sick before dying age, **** em. :huh:

Don't sound responsible to me.. but hey, what do I know? :laughing:

The bankers own/run the government, the government borrows from the bankers, who in turn raid the treasury, implement illegal taxation, then call it "austerity" when the people have to pay for the bankers failed gambles. Now wtf is responsible about that? :laughing::crazy:

So you think that legislating 32 hour work weeks with 6 weeks paid vacation, several months paid pregnancy leave for both men and women and retirement at 50-55 is what we should expect of our workforce? And these requirements pay no attention to the value of the work done? You've been spending a little too much time with your friend, Karl.:laughing:
 

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Holy Crap! I just figured it out! The Exotix has managed to hack into Vette Newbs account. Now I get it. :rolling::rolling:
 

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So you think that legislating 32 hour work weeks with 6 weeks paid vacation, several months paid pregnancy leave for both men and women and retirement at 50-55 is what we should expect of our workforce? And these requirements pay no attention to the value of the work done? You've been spending a little too much time with your friend, Karl.:laughing:
Yes, I see nothing wrong with that. No, Karl don't advocate that. 32 hours is plenty. 6 weeks vacation is reasonable. Taking care of the poor and elderly is expected. No mans labor is any more valuable than another's.. Karl advocated something very similar to what we have now..

But, the only people advocating keeping you working until you die are the people who don't want you to have time to notice they have their **** in your ***. :thumbsup:
Your busy working, trying to build a retirement, raising kids (you didn't see enough of because you worked too long and hard) to get involved with whats been going on your entire adult life. You won't be disaffected by the scam they have perpetuated. No one will...

Holy Crap! I just figured it out! The Exotix has managed to hack into Vette Newbs account. Now I get it. :rolling::rolling:
Etoxic had some very good points, but he had a horrible delivery system and his answer was all wrong. :laughing:
 

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32 hours is plenty. 6 weeks vacation is reasonable.
These numbers can't be pulled out of thin air. They have a cost associated with them that must be determined by the amount the good or service can be sold for. An employer must have the ability to place a value on it's worker positions and pay accordingly. I'm OK with some minimum values for pay, but everyone is definitely NOT worth the same thing when it comes to a workforce.
 

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These numbers can't be pulled out of thin air. They have a cost associated with them that must be determined by the amount the good or service can be sold for. An employer must have the ability to place a value on it's worker positions and pay accordingly. I'm OK with some minimum values for pay, but everyone is definitely NOT worth the same thing when it comes to a workforce.
But that's not even being discussed here. What's being discussed is the rape/pillage of the US, through the control of our monetary system, by the oligarchs.
 

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Sorry, but the supposed "bad guys" in this article have been misidentified. Greece is one of the many European countries that has simply overextended itself with it's Socialism. Too many people have been given too little work for too much money, too many vacations, too early retirement, and too much free healthcare. The masses came to expect this generosity, but like all socialistic societies, eventually the piper has to be paid. The only possible response at this point is for the government to cut those lavish benefits of citizenship. It's not unexpected that the masses would be upset or even riot. But Goldman Sachs is not the culprit here. It's the people who demanded this level of support from their government. The U.S. is well on it's way to this model as we speak.
This is the same as the lies we were told about China driving oil prices instead of speculation, or unions fostering outsourcing by corps, wmd's in Iraq, and other propaganda fairy tales told by those who stand to profit from them.
 
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