National strike in Greece

[Jan Klimkowski]

The Gerson Lehrman Company describes how the Greek economy is going to be chopped up and sold to the highest bidder, many of those foreign. Of course, they are quite sober about it all:
The government will accelerate privatizations (€ 2.5 bill. budgeted for 2010) and may change its mind regarding majority ownership by strategic (foreign/EU) investors of types of assets / industries that have been protected under the existing social /political model, including utility/infrastructure, transport or special state (monopoly) assets. Examples might include the railway company, water distribution companies, the electricity grid or the power company (PPC), as well as the soccer betting company (OPAP), gambling Casinos and the remaining stake in Hellenic Telecom (OTE), which will probably be sold to Deutsche Telekom. Other interesting candidates for privatization might include airports and seaports and enhanced PPP/PFI models will be considered for infrastructure investments.

Yup - neoliberal vulture capitalism and economic Shock Therapy.

The poster child for this type of rape of a country's infrastructure occurred when western banks were looting Argentina. Jeb Bush allegedly phoned up the President of Argentina and insisted that he sell the Argentine national grid to a fabulously run American company named.... Enron.

The Greeks are far better off revolting and telling the bankers and the vulture capitalists to fuck off. Now.

At least the Greek people still nominally own at least some of their country's infrastructure and natural resources. In a few months, they'll own nothing and be even more in hoc to the bankers and the IMF if they allow these "austerity measures" to stand.

Bring it on. :elefant: