Friday, May 18, 2012

Greece to Hell

Austerity will send Greece to hell, warns Alexis Tsipras


For those of you paying attention to the Euro disaster, you might have noticed that bankers keep good books.   That headline was from a recent Guardian article.  It seems to be a surprise to some Europeans that money borrowed needs to be paid back.

In fact banks go to great lengths to keep track of how much has been borrowed and not paid back.  That's what they do!  So the Greeks who managed to borrow billions and now can't pay it back are surprised?  I guess they figure it was the banks fault for letting them have the money.

At some point it gets beyond numbers to the issue of people's survival.  Yes, banks can show billions owed, but can they starve the people to get it payed back?  No.  The banks need to forgive and forget and keep making their billions and we all at the 99% can then change the rules.

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