Monday, 30 January 2012

It's Monday it must be Greece

It's Monday. Check the Travelcard, fix the diary for the week and throw another £50 billion at Greece to keep it solvent for another fortnight. In fact, much of that money goes back to the French and German banks that own Greek debt, and therefore to bolstering those nations' credit ratings. The Greeks end up not a Euro better off but with a further obligation for their grandchildren to pay for the German and French banks solvency. It's a sort of reverse Robin Hood tax - taking from the poor to give to the rich. 

It won't work, of course. But that's never deterred the Federasts from anything. 


Curmudgeon said...

And now Greece has rejected plans for a German veto over its budget.

If the federasts aren't careful this could all end up with some kind of revolution in Greece.

Barnacle Bill said...

I hope the Greeks do revolt, I might join their International Bridgade to get some practice in before it all kicks off over here.

Rossa said...

It not just the banks that need the bailout money. The French and Germans don't want Greece to cancel their defence contracts.

James Higham said...

Federasts - like it.

Greg Tingey said...

Rumbles over weekend that Ireland might not be happy, and "might want to leave the Euro-Zone"

nisakiman said...

All part of the plan, albeit a risky one. They fed Greece enough rope to hang itself, now they tighten the noose.

The hope is that with enough bullying and threats, Greece will capitulate and become a satellite province of the EU, a Bavaria with beaches, if you will.

This, in theory, will initiate the domino effect, and Le Grand Projet will be firmly on course. That the Greek economy will be decimated is unfortunate, but is minor collateral damage, well justified in the push for the utopia which is a socialist federal Europe.

Once control is established in enough of the outlying provinces, they can dispense with the inconvenience of democratic elections altogether, and appoint people to rule who really do know what's best for Europe.

Job done.

However, the Greeks being who they are, may have some unpleasant surprises in store for the technocrats. I sincerely hope so, anyway.