Reprinted from Paul Craig Roberts
We will find out the answer to the question posed in the title in the outcome of the contest between the new Greek government, formed by the political party Syriza, and the ECB and the private banks, with whose interests the EU and Washington align against Greece.
The Spartans, whose red cloaks and military prowess struck fear into the hearts of both foreign invaders and Greek opponents in the city-states, are no more. Athens itself is a ruin of its historical self. The Greeks, who were once to be contended with, who were able with 300 Spartans, supplemented with a few thousand Corinthians, Thebans, and other warriors, to stop a 100,000-man Persian army at Thermopylae, with the final outcome being the defeat of the Persian fleet in the Battle of Salamis and the defeat of the Persian army in the Battle of Plataea, are no more.
The Greeks of history have become a people of legend. Not even the Romans were able to conquer Persia, but little more than a handful of Greeks stopped the attempted Persian conquest of Greece.
But the Greeks, despite their glorious history, could not stop their conquest by the EU and a handful of German and Dutch banks. If the Greece of history still existed, the EU and the private banks would be cowering in fear, because the EU and the private banks have ruthlessly exploited the Greek people and represent the same threat to Greek sovereignty as Persia did.
Greece, stripped of its independence by its EU membership and acceptance of the euro as its currency, has lost is sovereignty. Without control over its own money, Greece cannot finance itself. Greece must rely on private banks from other countries. In the 21st century, European private banks are not allowed to lose money simply because they are incompetent and over-lent to EU member countries. This is not considered to be the fault of the banks, but of the borrower governments and populations.
According to reports, the American bankster firm, Goldman Sachs, sometimes known as Gold Sacks, hid Greek debt from view in order that banks would extent more credit to Greece, thus setting the Greek people up for looting.
The EU's disingenuous argument is that this bankster trickery benefitted the Greek people. The people enjoyed the resources from these loans. Therefore, the Greek people must pay back the loans through reductions in old age pensions, through unemployment, through lower wages, and through the sale of Greek national assets.
This is the austerity that has been imposed on ordinary Greek people by the EU and Greece's creditors.
Greece is prostrate. Greeks are actually committing suicide, because Greeks cannot provide for themselves in the depressed conditions that the EU and the private banks have created for them for no other reason than that the private banks must not have to write down the loans.
So, one result from "democracy" in Greece is suicide. With enough democracy, we can control world population and halt the destruction of nature's capital. All we have to do is to enable the banksters to loot the entire world.
What can Syriza do?
Without Spartans, very little.
The party's intentions and that of its leaders are honest and deserve our respect. Syriza is a people's party, and that is what marks it for doom. The voice of the people is no longer permitted to affect politics in the Western world. The powerful rich interest groups that rule the West could not care less about the people over whom they rule.
No sooner was Syriza in office than Bloomberg, a business news service, conveyed to the new Greek Prime Minister, Alexis Tsipras, that Syriza needs to play by the creditors' rules.
(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).