Thursday, May 27, 2010

The banksters are engineering a global disaster

The is simple no possible good outcome when the austerity ghouls insist the citizens pay off bank fraud.
The Greek People are the Victims of a Carefully Engineered Financial Extortion Racket
by Olivier Besancenot and Pierre-Fran├žois Grond
Global Research, May 19, 2010
Le Monde (original in French) - 2010-05-14
What is happening in Greece concerns all of us. The people are paying for a crisis and a debt that are not their own. Today it is the Greeks, tomorrow it will be others, for the same causes will produce the same effects if we allow it.
First and above all, we express our full and unconditional solidarity with the people who are suffering from an austerity plan without precedent combined with contempt and an arrogance bordering on racism. The strikes and demonstrations are legitimate, and we support them. This is not the crisis of the Greek people, it is the crisis of the world capitalist system. What the Greek people are experiencing is revealing of today’s capitalism. The plan dictated by the European Union and the International Monetary Fund (IMF) rides roughshod over the most elementary rules of democracy.
If this plan is implemented, it will result in a collapse of the economy and of peoples’ incomes without precedent in Europe since the 1930s. Equally glaring is the collusion of markets, central banks and governments to make the people pay the bill for the arbitrary caprice of the system. [French President] Nicolas Sarkozy still dares to talk of the need to regulate the market, although all the measures he implements are more liberal than ever. The movement is accompanied by a deadening consensus of the Right and the Left. The plan is designed by European governments of the Right and Left – and by Dominique Strauss-Kahn, the managing director of the IMF, an institution that has ravaged the Third World for decades and is now attacking Europe. A plan that is implemented by a Socialist government, [Greek Prime Minister] George Papandreou's, the French side of which is adopted by the UMP [Union pour un Mouvement Populaire, a centre-right party] and the SP [Socialist Party of France] members of parliament combined. more
See also: Austerity comes to USA

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