Greek Government Starts Seizing Citizens Assets

It is official, democracy has left the building in Greece. The Greek government is now arbitrarily introducing random taxes on private business owners and businesses in the name of “Emergency”. This is marshal law except the Greek government does not need to deploy the military because the Greeks are too busy enjoying their summer holidays.

When taxes are imposed according to the whim of government or taxes are imposed against the blatant wishes of the people and where there is no protest, you can say that democracy has fallen in Greece.

You can say that the country is now occupied with people serving the interest of international bankers, and people serving the interests of foreigners over and above the interests of the Greek people.

And to rub salt into the wounds of people working in the private sector, public sector workers have had their bonuses stopped to comply with the wishes of Troika, World Bank, EURO and IF. So that sounds okay you say, it cuts government spending.

Yes, but the government has stopped paying the public sector workers bonuses and has replaced the bonuses with increased wages so the government workers get paid the same as with the bonuses, only now the government has to pay them an increased pension in line with their increased salary!

You cannot make this stuff up, the Greek government is completely out of control and is not doing anything, I repeat, not doing anything to fix Greece’s problems, everything they are doing is making the situation in Greece worse not better.

Everybody on the streets of Greece knows this yet nobody is doing anything to stop it.

The finance minister has even come out and openly said they are no longer in control of the country and nobody says anything. The Greek finance minister has come out and said he has to do what he is told by foreigners because he has got no choice, he has to do what they say.

The politicians have completely lost the plot, they have completely forgotten what they are supposed to be doing. They are openly telling the people that they are doing things they think is bad for the country and their excuse is they have no choice but to obey. And still there is no protest from anyone. Not one single person in Greece is saying what do we pay you for then Mr Finance minister if you do not make any decisions anymore. What is the point of having you in government?

Read this small article if you do not believe what I am saying, the Greek ministers are no longer in control of their own country, they have handed control to foreigners

And if that was not enough, Greek taxpayers are being told that they need to give money to the banks because Greeks do not trust the Greek banks and they are withdrawing their deposits. So the Greek government does not care about the opinions or wishes of Greeks.

Even though the Greek government is completely broke and cannot pay wages and pensions without outside help they are still finding millions of Euros to give to the banks that created the problem in the first place.

The Greek government is directly acting against the wishes of the people by recapitulating these banks. People are withdrawing their money because they think the banks will go bankrupt but the Greek government is stepping in and saying tough, if you want to take money out we will tax you more and give your money back to the banks that way, you are going to give money to the banks whether you like it or not. Read this article if you don’t believe me

It is almost as if the Greek politicians are trying to incite the people to revolution e4xcept the Greek people are still not interested

And Greek bond prices, perhaps the only thing that is keeping this whole charade alive. Papandreou and Venizelos are basing all these austerity/theft measures on the fact that Greece will be able to return to “the markets” at some time in the future. This is completely false. The current price of Greek bonds is a fallacy.

Greek bonds are trading for 50% of their face value and their yield is 25%. How can these bonds be so valued? Only 25% yield, how can this be possible? Greece has an almost 100% chance of default according to S&P and it only pays 25% yield and it trades for 50% of the face value? It is a joke, the Greek bonds are being propped up by something or someone with the goal of drawing out the austerity measures for as long as possible. If it were I, I would pay 5% of face value and I would expect 100% yield at a minimum.

The Greek government is treating its own people with complete contempt. The Greek government is treating its people like a farm animal that they can milk until the poor thing is completely spent. The Greek government is treating its won citizens like a coalmine, a resource that it will exploit until there is nothing left to give. And yet there is no resistance from the Greek people.

As a Welshman I would give my right testicle to have my own country as free as Greece is supposed to be. I would give my right testicle for Wales to be able to print it’s own money, for Wales to make it’s won laws, for Wales to have it’s own team at the Olympics, for Wales to have it’s won cricket team, for Wales to set it’s own taxes but the Greeks don’t seem to care, the Greeks seem to think it doesn’t matter if they are Greeks or Europeans as long as they can go to the beach on the weekends.

Come to think of it, maybe being able to go to the beach on the weekends is all that matters.

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