From TODD WALTON
Under The Table Books
“Greece should go back to a national currency to have more autonomous decision-making with regards to it own economy, which it needs if it wants to pave a more sustainable path.” Jennifer Hinton, co-author of How on Earth: Flourishing in a Not-for-Profit World by 2050
Near the top of the list of horrible things I’ve witnessed in my life are the beatings of small weak defenseless people at the hands of big strong brutal people. We had two big vicious bullies at my elementary school, and when I started Third Grade, I was sick with fear for days after I saw those two brutes pummel a little boy. And the more I read about what the international hedge fund criminal banking consortium and their elected lackeys Merkel and Obama are doing to Greece, the more I feel the same disgust and hopelessness I felt when I watched those giants beating that little boy.
“The Greek government should nationalize the banks and encourage people to start credit unions.” Jennifer Hinton
Mainstream American media outlets are reporting on the Greek financial crisis in the same way they report on everything: falsely. Yes, the situation is somewhat more complicated than how points are scored in baseball, but not much more. Greece had a corrupt government further corrupted by entanglement with Wall Street bankers and investment firms, specifically Lloyd Blankfein of Goldman Sachs. Lloyd got the Greek government to borrow billions of dollars to invest in the great stock and toxic asset bubble that burst in 2008. Rather than punish Lloyd or the corrupt Greek bankers and the corrupt government officials for their folly, the international banking system demanded that the Greek government pay off the astronomical debt by cutting pensions, raising taxes on everyone except the rich, selling public property and public utilities to multinational corporations, and forcing Greece to borrow more money to keep paying the interest on the money owed to the criminals who had ruined their economy.