General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGreece set for anti-austerity general strike
Wednesday's 24-hour walkout is to protest at new planned spending cuts of more than 11.5bn euros ($15bn; £9bn).
The savings are a pre-condition to Greece receiving its next tranche of bailout funds, without which the country could face bankruptcy in weeks.
Large anti-austerity demonstrations are also planned.
Greece needs the next 31bn-euro instalment of its international bailout, but with record unemployment and a third of Greeks pushed below the poverty line, there is strong resistance to further cuts.
The government of conservative Prime Minister Antonis Samaras is also proposing to slash pensions and raise the retirement age to 67.
http://www.bbc.co.uk/news/world-europe-19724284
Strike in Greece Idles Almost All Travel
Wednesday's general strike protesting increased austerity demands combined with an air traffic controller strike in Greece will idle flights completely between 11am and 3pm, but the effects will be felt on many flights before and after those hours.
In addition, virtually all local transportation will only operate between 9am and 9pm. Ferries will also be idled, and the center of Athens around Syntagma Square will be crammed with protesters. Monuments and archaeological sites will be closed.
http://gogreece.about.com/b/2012/09/25/strike-in-greece-idles-almost-all-travel.htm
dkf
(37,305 posts)This is how it's going to happen with us. We aren't going to fix things until its all gone to hell.
is the problem.
darkangel218
(13,985 posts)HiPointDem
(20,729 posts)darkangel218
(13,985 posts)And public servants were getting bonuses just for coming to work on time.
What did you expect it was going to happen?
HiPointDem
(20,729 posts)darkangel218
(13,985 posts)It's facts.
HiPointDem
(20,729 posts)Selatius
(20,441 posts)The rich are the worst abusers of the system as well as educated professionals such as doctors and attorneys. For the wealthiest quarter of the country, dodging taxes had become something of a national pastime like football.
The result is the Greek government, rather than cracking down on the abuse, simply borrowed the amount to cover the tax revenue shortfalls. There had been a lot of lobbying by special interests to encourage the Greek Parliament to simply kick the can down the road by borrowing instead of actually punishing the tax cheats and imposing a tax collection mechanism that actually works.
The end conclusion is that now the working class of Greece is made to bail out the avarice and malfeasance of the wealthier citizens with cuts to social programs that act as a safety net for the working class and the poor.
They should've followed Iceland's example by letting the banks fail, nationalizing the pieces to be relaunched as sound banks, and offering relief to unemployed workers and distressed homeowners to keep them and the economy going.
For the record, I think Greece should've simply told the banks to burn.
girl gone mad
(20,634 posts)than all of the Greek middle class combined.
It's absurdly naive to blame the crisis on tax evasion. Who still does this?
loli phabay
(5,580 posts)you would be amazed at just how prevalent it is from the corner grocer to the fisherman selling at the back door.
Zalatix
(8,994 posts)but most significantly, the Plutocrats moving millions of Euros offshore.
loli phabay
(5,580 posts)id say its the number one hobby, and it permeates every facet of greek life. Its pretty amazing to see.
Zalatix
(8,994 posts)1) Your comments blamed the lower classes but left out the rich who were...
2) causing the lion's share of Greece's money problems.
loli phabay
(5,580 posts)so everyone has a hand in the problems.
Zalatix
(8,994 posts)Show me where, in your post, you talked about the rich and their tax evasions.
"from the corner grocer to the fisherman selling at the back door"
No rich people there. Perhaps your mention of the rich was in invisible text?
loli phabay
(5,580 posts)not sure what you read as the whole of society as.
Zalatix
(8,994 posts)That is nowhere in the post that I criticized.
Zalatix
(8,994 posts)Prometheus Bound
(3,489 posts)Let's say this pressures the government to cancel or reduce the planned cuts. The money's not there. Everyone knows it.
Maybe it's a show of solidarity for the IMF or something. Or just to make people feel useful about doing something even if it is useless.
HiPointDem
(20,729 posts)darkangel218
(13,985 posts)HiPointDem
(20,729 posts)darkangel218
(13,985 posts)HiPointDem
(20,729 posts)darkangel218
(13,985 posts)Secondly, no one is forcing you to agree with me
This is a forum, you're bound to run into fifteenth opinions.
HiPointDem
(20,729 posts)Prometheus Bound
(3,489 posts)81% of new borrowed money goes to bond holders. With tax revenue continuing to fall, that leaves very little for regular government spending.
HiPointDem
(20,729 posts)Prometheus Bound
(3,489 posts)What an odd response!
Zalatix
(8,994 posts)Prometheus Bound
(3,489 posts)And it looks like it'll be done again.
It's still hard to see any light at the end of the tunnel.
Zalatix
(8,994 posts)That's because the Plutocrats moved a ton of Greece's money offshore.
The solution is to raid the offshore tax havens for Greece's share of the $21 TRILLION that the tax cheats put there, NOT to impose austerity upon the people.
dipsydoodle
(42,239 posts)Trade unions in Greece have begun the first general strike since the country's conservative-led coalition government came to power in June.
same loink : http://www.bbc.co.uk/news/world-europe-19724284
AnneD
(15,774 posts)Record unemployment, esp. for young college educated Greeks ( over 50%), over 1/3 the population thrown into poverty due to high taxes on basics essentials like oil and electricity as a way to raise money, employees 'paying back' on wages they have already earned ( ie basically working for free), and now they want to slash pensions and raise the retirement age.
These loans to prevent a default are basically going to pay interest to banksters. It does nothing to help the Greek people. If you don't think that will happen here, you haven't been reading any financial news. It is getting worse here and we will be eclipsing Greece. I don't think the Greeks need condemnation, they need support. They should do what Iceland did, arrest and convict the criminal bankers with their fraudulent deal and refuse to pay usuary interest on sham debt deal. The people are being reduce to economic serfdom. I support a general strike in Greece and think we need to have a preemptive one here when they start that crap here.....and they will.
darkangel218
(13,985 posts)When they piled up on this debt. It was a huge mistake, especially since they weren't such a wealthy country to begin with.
AnneD
(15,774 posts)This deal was hidden from the Greek people, much like the WS fraudsters hide their illegal dealings. I do not want to be responsible for their crimes anymore than the Greek people want to be responsible for crimes done against them. Iceland had the right idea.
How WS cooked the books.....
http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=all
Laelth
(32,017 posts)That's the way to get things done!
-Laelth
99Forever
(14,524 posts).. we've been backed into the position the Greek people have been. Time to take the Banksters out.
xchrom
(108,903 posts)Prometheus Bound
(3,489 posts)This reflects the hopelessness of the situation.
Comrade Grumpy
(13,184 posts)It may be getting to time to change the game in a big way. Repudiate and rebuild.