Daily archives: July 3, 2015

Beware Greeks Bearing Rifts

So far as I can follow, the Greek electorate now have the choice between voting Yes and agreeing to the IMF austerity package, and voting No and having their leaders agree to any “face-saving” variation, however miniscule, before accepting the IMF austerity package. You can be quite sure that the international elite will thoroughly humiliate Syriza by making abundantly clear that if they offer any change at all, it is absolutely miniscule. A change of nominal leader of Greece may result from the referendum, but nothing that changes the life of anybody who is not a politician. Either way in six months time we will be exactly back where we are now, only with opposition to the IMF broken as the next wave of pillage of the public sector comes.

The Euro project will continue to be extremely strong. New money will be funnelled into the pockets of bankers. It is important to recall that 100% of these bailout funds go to bankers, none of it goes to the Greek people and none of it stays in Greece. The same bankers will become the beneficiaries of servicing of new loans provided to vast corporations to buy up Greek public assets, cheap.

It would require a particular heartlessness to be indifferent to the demise of the idealistic hopes that backed Syriza. But in the end it proved they did not offer any actual choice of any significantly different outcome. There is no real choice on Sunday, no difference in outcome from which way people vote. Beware Greeks bearing rifts.

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