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Fraud at the Polls

By       Message Stephen Lendman     Permalink
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European Financial Stability Facility (EFSF) disbursements depend on Greece observing Memorandum of Economic and Financial Policies (MEFP) provisions.

Troika diktats demand it. They require punishing austerity when vital stimulus is needed. Essential services are eroding en route to eliminating them altogether.

SYRIA campaigned on ending cuts. At the same time, its former deputy parliamentary speaker, Tasos Kourakis, assured markets about "restraining expenditures and attracting new funds, like EU structural funds."

"(R)estructuring and rationalization of public administration" would follow. Most Greek debt would be repaid, he added. How he didn't explain. It's so massive, repayment's impossible. More bailout funds exacerbate the problem.

So does public rage. It's close to exploding. At issue is why would voters elect leaders favoring policies they oppose? As important is dysfunctional electoral politics. Ruling class priorities failed. 

Greeks face protracted Depression conditions. Hard times are worsening. Help isn't forthcoming. Sustained grassroots activism alone can change things. So far it remains distant.

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In February 2011, Mubarak's 30-year dictatorship ended. Another one replaced him. Egypt's military holds absolute power.

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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