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Greeks Face 'Humiliating' Demands As Twitter Says #ThisIsACoup (EU Demands "Banker Dictatorship"?)
TeleSur ^ | 6-12-2015 | Telesur

Posted on 07/12/2015 8:41:53 PM PDT by tcrlaf

As European Union leaders push Greece for more austerity reforms, Athens enters political crisis and social media erupts in response.

A two-day emergency meeting on Greece’s economic future ended Sunday with strict conditions from the European Union, including contentious austerity reforms, if it wants a new bailout and keep the euro.

To meet the conditions for fresh aid packages and a third bailout that Greece needs to avoid bankruptcy, European finance ministers want Greece to pass a series of austerity measures--including tax and pension reforms-- through Parliament and put them into law by Wednesday.

Greece will also have to lose fiscal sovereignty as part of the austerity measures, implying that the troika- the International Monetary Fund, the European Commission and the European Central Bank- would be in charge of all legislation relevant to austerity. This also includes changes to legislation already passed by the Syriza government since it took power this year.


TOPICS: Foreign Affairs; Government; News/Current Events; Politics/Elections
KEYWORDS: austerity; coup; eu; eurobanking; europeanunion; eussr; fiscalsovereignty; fiscalunion; greece; imf; reece; taxincreases
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Basically, the EU has told Greece that they must surrender their national sovereignty, accept severe austerity, surrender $50 Billion Dollars worth of Greek State Assets, including the Gold, to a company headed by Germany's Schauble's cousin (To hold as "collateral" for any new "Loans") and a laundry list o other things, or face chaos and mass starvation as International payments and assets are confiscated.

In addition, they must amend the Constitution to allow unelected EU Bankers, known as "The Troika", to control all matters relating to Greec's economy.

People paying attention, especially on Twitter, are going nuts, as evidenced by the world-wide trending "Thisisacoup" hashatag. Even Krugman has weighed in with an Opinion.

1 posted on 07/12/2015 8:41:53 PM PDT by tcrlaf
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To: tcrlaf

Greece is finding out what Margaret Thatcher said: “The problem with socialism is that you eventually run out of other people’s money.”


2 posted on 07/12/2015 8:44:08 PM PDT by Blood of Tyrants (INTOLERANCE WILL NOT BE TOLERATED!!!!)
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To: tcrlaf

https://twitter.com/hashtag/ThisIsACoup?src=hash


3 posted on 07/12/2015 8:46:09 PM PDT by Bobalu (If we live to see 2017 we will be kissing the ground)
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To: Blood of Tyrants
You have not anchored Germany to Europe; you have anchored Europe to a newly-dominant unified Germany. In the end, my friends, you will find that it will not work.
Would have thought this to be an equally poignant Thatcher quote with respect to this situation. It’s part of the speech that lost her the prime ministership thanks to the pro-EU traitors in her own government.
4 posted on 07/12/2015 8:48:19 PM PDT by Olog-hai
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To: tcrlaf

if they don’t like it, perhaps they can find some other way to pay their bills. Otherwise, the entire country is on welfare.


5 posted on 07/12/2015 8:49:23 PM PDT by campaignPete R-CT (A Christian man who is content to be ruled by Elena Kagan is no Christian and not a man.)
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To: tcrlaf

POLONIUS: (Sings) Neither a borrower nor a lender be,
Do not forget: Stay out of debt; Think twice, and take this
good advice from me, Guard that old solvency. There’s just one other thing you ought to do. To thine own self be true.

[Enter entire cast]
ALL:
(Sing)
Neither a borrower nor a lender be,
Do not forget: Stay out of debt;
Think twice, and take this good advice from me,
Guard that old solvency.
There’s just one other thing you ought to do,
To thine own self be true.

http://www.gilligansisle.com/hamlet.html


6 posted on 07/12/2015 8:49:38 PM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: 2ndDivisionVet

Apt.


7 posted on 07/12/2015 8:54:14 PM PDT by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: tcrlaf

I don’t feel sorry for either side, frankly.


8 posted on 07/12/2015 8:54:44 PM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Blood of Tyrants

Foolish creditors are finding out why the Bible warns against being a surety for others’ debts. I have zero pity for the fools who continued to lend to a known deadbeat, knowing that Greece couldn’t possibly ever repay. And those same fraudsters got a big cut from each transaction. Screw them all!


9 posted on 07/12/2015 8:56:34 PM PDT by Always A Marine
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To: tcrlaf

It’s too bad Greece put itself in this position.

Until Greece stops spending 56% of its GDP on governance, there is no way to slow the waterfall of debt. Greece manufactures pensions.

And I’m not sure what you might call that kind of spending, but it’s not austerity.


10 posted on 07/12/2015 8:57:11 PM PDT by SaxxonWoods (Life is good.)
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To: Olog-hai

“There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” - John Adams


11 posted on 07/12/2015 8:58:55 PM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf

They will get “austerity” either way they go.


12 posted on 07/12/2015 8:59:01 PM PDT by GeronL
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To: Blood of Tyrants

The Greek Society is built on Other Peoples Money.

Way past time to ween them.


13 posted on 07/12/2015 8:59:19 PM PDT by tennmountainman ("Prophet Mountainman" Predicter Of All Things RINO...for a small pittance.)
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Comment #14 Removed by Moderator

To: tcrlaf

We have a Central Bank and Wall Street dictatorship, why shouldn’t they?


15 posted on 07/12/2015 9:05:46 PM PDT by PGR88
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To: Always A Marine

The Bankers don’t want to just get paid.

They want to HUMILIATE Greece for daring to stand up against the unelected EU Bureaucrats, and send a clear message to anyone else thinking about taking a stand on the debts, namely Spain and Portugal.

They tried to do the same thing to Iceland, if you recall, but they went with the painful way, and kicked out the EU/IMF.


16 posted on 07/12/2015 9:05:58 PM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: Olog-hai

I hadn’t heard that quote, but recall considering similar observations at the time.


17 posted on 07/12/2015 9:06:31 PM PDT by ctdonath2 (The world map will be quite different come 20 January 2017.)
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To: Blood of Tyrants
Greece is finding out what Margaret Thatcher said: “The problem with socialism is that you eventually run out of other people’s money.”

When their economy collapses, I wonder if they will have a civil war? When it happens here, with deficit spending the way it is, and with a far more volitile population, I think it is an iron clad guarantee to happen in America.

18 posted on 07/12/2015 9:07:31 PM PDT by Mark17 (Thy goodness faileth never. Good shepherd may I sing thy praise, within thy house forever. Amen)
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To: tcrlaf
Even Krugman has weighed in with an Opinion.

I don't care what Krugman says. Even if he agrees with me (fat chance in hell) he's still wrong. A broken clock is right more than he is.

19 posted on 07/12/2015 9:09:16 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there....)
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To: Always A Marine

“I have zero pity for the fools who continued to lend to a known deadbeat, knowing that Greece couldn’t possibly ever repay.”

Unfortunately, that would also include you, since you are a US Taxpayer and this international banking cabal to which we are a party, has been making a portion of the loans to Greece and the other PIIGS countries as I understand it. But you are right, this is a fool me once shame on you, fool me twice shame on me situation with Greece. They’ve been deadbeats for years and still the productive sector of the world gave them a line of credit that they didn’t deserve.
Actually, I think putting Greece into international bankruptcy is a good thing, because we will all get to see how the process is going to work when they get around to us.


20 posted on 07/12/2015 9:10:24 PM PDT by vette6387
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