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Greece: What fresh hell for the newly poor?

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StopCartel TV broadcasts live from Athens, Greece weeknights @ 6 pm Athens time. The following post is a loose transcript of the July 31, 2012 broadcast.


By greydogg and snake arbusto, 99GetSmart

- On Tuesday, 31 July, SYRIZA leader Alexis Tsipras announced his proposal concerning the Greek universities. His main point is that in September, the universities must be reopened. 

Tsipras stated, "Whatever we are suffering in this country, we cannot accept that the universities will not be open this September. If the universities are closed, it will be the spiritual death of Greece."

Tsipras's proposal includes appointing an intermediary for one year, whose position is designed to function as that of a student advocate, with the support of the university. This also provides an opportunity for a necessary dialogue in order to form a new University Constitution. 

Tsipras, the main opposition leader, has submitted his proposal to the Greek Parliament. 

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- A new taxation will be imposed on drivers without insurance. There are over 1.5 million uninsured drivers in Greece due to high unemployment and lack of funds. People choose to use what little money they have left to buy food to feed themselves and their families. 

On the news, "reporters' try to ratchet up the fear by fretting, "What happens if you are in an accident with someone without insurance?" 

The answer is simply that people with insurance will get paid by their own insurance companies. Another option is, if you don't wish to file a claim with your own insurance company you can file a claim through a government fund, but the process will be difficult and payment will be slow.

A representative of the insurance industry put his spin on the issue by stating that the cost of the punitive tax is nothing compared to what it will cost to be in an accident without insurance. 

The majority of people who do not have automobile insurance are the newly poor. They wonder where the government thinks the money for a penalty tax will come from. Sadly, the government continues to be blind, deaf and dumb when it comes to serving the people they were "elected' to represent.

The kind of thinking reflected by the government-of-the-regime completely ignores the plight that the newly poor find themselves in, after being pummeled by failed IMF policies for the last 5 years. Most economists admit that brutal austerity measures DO NOT lead to growth. Even the IMF admits their policies always fail.

The Digital Journal reports: 

Former Greek finance minister and Greece's representative to the IMF until January, Panagiotis Roumeliotis, has spoken of the bail-out Memorandum imposed on Greece by its Troika of lenders, the IMF, EU and ECB. Roumeliotis accused the Troika of underestimating the negative affects the austerity program would have on the Greek economy, pushing it deeper into recession.

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99GetSmart.com

Linda Ross aka greydogg is a blogger at 99GetSmart
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