Thursday, June 23, 2011

The IMF: a global slimy, sleezy PayDay lender

The IMF, a fascist global PayDay lender for nation states, and other international financial institutions are attempting to do to Greece what they and their friends have done to numerous other countries in the past:
Greek Prime Minister George Papandreou's reshuffled Cabinet survived a vote of confidence early Wednesday despite widespread opposition to budget cuts he says are needed to prevent a government default. 
International lenders have demanded Greece cut spending, lay off public workers, raise taxes and raise 50 billion euros ($71 billion) through selling off state-owned enterprises in exchange for another bailout deal for the cash-strapped nation. Weeks of protests against the austerity measures spurred Papandreou to shake up his government last week, leading to Wednesday's 155-143 vote.
From CNN:



That's right, the IMF and other international lenders want to force the Greek people to pay off the odious debt incurred by the government. What do the people of Greece have to say about this?

From Reuters:
"I believe we should go bankrupt and get over with it. These measures are slowly killing us," said 22-year-old student Efi Koloverou. "We want competent people to take over."

Julietta, a public sector worker who declined to give her full name, said: "We want them all to get out, to go home."

Inside parliament the opposition poured similar disdain on the government. "This is not a programme to salvage the economy, it's a programme for pillage before bankruptcy," said Alexis Tsipras, head of the small opposition Left Coalition.
The following videos can be found here.  (h/t What Really Happened.com)





Imagine being forced to work less hours, take a reduction in your income, give up your private property for collateral, and receive less benefits just so you can have yet another loan to hold you over until the next time you run yourself into a hole.  Now apply that same concept to a global scale, and that's what you have with the IMF and other global financial institutions, including the Federal Reserve, forcing countries like Greece to accept.  They've been doing this for a while now in many countries around the world, plundering, corrupting and otherwise wrecking the economies and livelihoods of millions.

People everywhere are getting sick and tired of the greedy bankers pillaging and defrauding the entire world economy, robbing and stealing from the tax payers in an attempt to satiate their endless desire for more wealth and control.  Aren't you?  

2 comments:

  1. Thanks for the update and analysis. The bankers lent too much. Then decided to apply the squeeze.

    - Aangirfan

    ReplyDelete
  2. Check this one out:

    http://www.vanityfair.com/business/features/2010/10/greeks-bearing-bonds-201010

    ReplyDelete

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