One of two things happened. Either members of the Greek Parliament passed these measures to enrich themselves by buying shares of the banks at a greatly reduced rate, or they passed legislation that they didn’t understand in its complexity.
I suspect for most members of parliament, it was the latter. This is a problem in almost every nation where bureaucrats and specialized lawyers write the laws and the actual politicians who pass them are given a simplified summary of what the law is intended to do.
If I had my way, there would be a Constitutional amendment that required a sitting member of the House or Senate to read into the record each bill in its entirety before the bill could be called to a vote.
We need to simplify the law.
Too many politicians from every country do not understand economics, currency or monetary policies, or capitalism.