Greece: Riots as austerity steps get 1st approval
ATHENS, Greece (AP) – Hundreds of youths smashed and looted stores in central Athens and clashed with riot police during a massive anti-government rally against painful new austerity measures that won initial parliamentary approval in a vote Wednesday night.
The rioting came on the first day of a 48-hour nationwide general strike that brought services in much of Greece to a standstill, grounding flights for hours, leaving ferries tied up in port and shutting down customs offices, stores and banks.
More than 100,000 people took to the streets of the Greek capital to demonstrate against the austerity bill, which includes new tax hikes, further pension and salary cuts, the suspension on reduced pay of 30,000 public servants and the suspension of collective labor contracts.
Creditors have demanded the measures before they give Greece more funds from a euro110 billion ($152.11 billion) package of bailout loans from other eurozone countries and the International Monetary Fund. Greece says it will run out of money in mid-November without the euro8 billion ($11 billion) installment.
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Greece: Riots as austerity steps get 1st approval
Somehow, I don’t believe the Greeks are familiar with this premise:
Greece is about to FALL my friends, there is just so much that money markets and Unions can do, the 3.5 day work week is a failure, you can’t be paid maximum wages for minimum work, education and ability, and the FREE RIDE has got to end sometime.
Greece is about to be let down as gently as possible. The powers that be are hoping to do so in such a way as to not upset the entire world market, but I am afraid there WILL be some serious repercussions.
But Greek citizens said they already are reeling from more than one-and-a-half years of austerity measures.
“We just can’t take it any more. There is desperation, anger and bitterness,” said Nikos Anastasopoulos, head of a workers’ union for an Athens municipality, as he joined the demonstration early in the day.
The head of *The Workers Union* huh? Same story, different day…
Unions are the bane of all reasonable people everywhere. Unions, ALL Unions, claim they are FOR *The Working Man*, they claim to be the very reason that American workers are so well paid and why Union workers top the scale in hourly wages earned.
What the Unions don’t tell you is this, THEY are the reasons that American jobs have been shipped over seas to cheaper markets. I don’t know what the Greek problem is, I have no real idea what Greece makes or exports, but I do know this, if Unions are involved, so is at least some corruption.
The bill won initial approval in the 300-member Parliament late Wednesday, with 154 deputies voting in favor on principle and 141 against. A second vote, on the bill’s articles, is due Thursday. Only after that procedure will the bill have passed. A communist party-backed union has vowed to encircle Parliament Thursday in an attempt to prevent deputies from entering the building for the procedure.
Communist backed Unions in Greece, Socialist, Communist and NAZI backed Unions and unwashed cretins disrupting businesses here, Soros backed Unions, Union GOONS that support the *Occupy* movement and a U.S. President that sympathizes WITH this crowd of ANARCHISTS that has nothing in mind other than the destruction of the United States of America.
Europe, and the European Union are on the verge of collapse, many believe that, and the collapse of the EU will bring on a collapse of Wall Street.
The current European debt crisis likely will not end until the euro collapses as a currency and takes the entire European Union with it, said Dennis Gartman, hedge fund manager and author of “The Gartman Letter.” SOURCE
September 22, 2011 Could the EU collapse? Unthinkable! Impossible! Yet, that is what was being said just a few months ago about the possibility that Greece would default on its debt. Now, as Europe struggles to put together a second bailout package for that country, the conversation has increasingly focused not on how to save Greece — and with it the Eurozone — but when and how the default will happen. The consensus now is not only will Greece default but it will be messy. The unthinkable has become the base case. SOURCE
The Central Bankers in Europe have been trying to enslave the world by fraud and a phony debt the people do not owe. Europe should just default on the derivatives, abandon the Euro altogether and arrest the bankers if they use financial terrorism as an end to a means. We are starting to see a financial insurrection world wide against the private central bankers. These bankers know they are being found out and the people in power better learn real quick that being an agent for these oligarchs will not mean they will escape justice aiding in banker fraud. SOURCE
OK, some of that is mainstream news and some is blogger opinion, if you clicked the links you know who’s who.
I am NOT an MBA, but I have people that are and they advise me. I am not a financial broker, but I have a financial broker, an independent broker with a major brokerage, that handles what little bit of money we have left after the big market crash, and the general consensus is that we are ONE SPARK away from the massive riots seen in Europe.
The collapse of Greece could be that spark and the fodder, The Occupy crowd, is already in place and are merely waiting for their marching orders.
There is a movement afoot, there has been for ages, to force a One World Government off on ALL of us. It’s a lot closer than some would care to believe.
As a good friend pointed out, “There’s a reason many Americans went to the gun stores in 2008. Nobody really knows the real reason for most, some say a sixth sense… The Obama factor played a part but I think the SMART folks in this world saw the writing on the wall and remembered history. We’re on that same road Europe took pre-WWII.. Appeasment at all cost until…”
That is from Rob at American and Proud and you need to check out his blog too. A good read!