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OpEdNews Op Eds    H3'ed 2/17/12

Banker Occupied Europe and America

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Greece is the epicenter of Europe's crisis. It's being strip-mined of all material wealth. It's life force is being drained to pay bankers. Its citizens face destitution and neoserfdom with no rights. Democracy's just a figure of speech. In its birthplace, it no longer exists.

Attorney Dimitri Lascaris has family in Greece. His sister's letter explained hard times there, saying:

In fall 2009, their family income declined. Their carpentry business only works sporadically. Customers with outstanding balances can't pay. They prioritize other obligations like food, rent, mortgages, water, electricity and health insurance, etc.

"Slowly, cash has become more and more scarce for our customers, and therefore for us."

In 2012, empty stores with rent signs are everywhere. Businesses still operating feature sales with 50 - 70% discounts. Once crowded markets became "deserted urban centers."

"Suicides, drug abuse, prostitution, and crime have infiltrated village life....Other friends of ours have died of heart attacks, stressed to the limit by debt, or worse, the loss of their cars, homes," and livelihoods.

Businesses have to beg customers to pay something, anything "because food or heat in the dead of winter has become an issue for us....We are all now at the mercy of anyone with money at hand to help our family survive, let alone aspire to a better life."

The same scenario threatens Europe, especially in troubled Eurozone countries and Latvia where wages were slashed 30% and people haven't enough to live on. 

The more pounds of flesh extracted, the less able economies can grow. Greeks must either leave or rebel. The alternative's letting politicians and bankers bleed them dry. There's no in between, and what's happening there's heading for Portugal, Italy, Spain, Ireland, and eventually all Europe, Britain, and America.

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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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