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World  (tags: world, politics, economy, Greece, interesting, news )

- 2054 days ago -
Greek unions are staging "the mother of all strikes" as Parliament votes on another round of budget cuts, writes the Guardian.

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Arild Gone for now (174)
Wednesday November 7, 2012, 2:41 am
Unfortunately it won't help them.

Past Member (0)
Wednesday November 7, 2012, 4:48 am

Gillian M (218)
Wednesday November 7, 2012, 7:39 am
Wolf, you obviously know nothing about the EU or Europe, they voted the government in and they were happy to enjoy the benefits. They have already screwed up one rescue and I don't see why I should continue to pay for them to enjoy a better lifestyle than I have! If you object then you fund the billions of euros.

My country has bailed out other countries but Greece seems to think it is above everyone else.

lee e (114)
Wednesday November 7, 2012, 1:33 pm
Since I'm not exactly knowledgable of the circumstances (and am not proud of that ignorance), I have seen Merkel emphasize austerity measures everywhere, and in my experience - austerity exacerbates situations of the already impoverished!

Sheryl G (360)
Wednesday November 7, 2012, 2:19 pm
I would agree with Wolf, it's the Banksters that conned loans and deals that many of the people in Greece didn't understand what they were getting into. Whole towns were sucked into these things that were on purpose not to be of benefit to the Greek people.

I can't say I'm an expert either, like Lee, but maybe if they did leave the Euro and set off on their own with their own money they could start off from scratch so to speak. If the Country is bankrupt and the people are starving what is going to be given by those with little to give.

As the article said; "The Greek population, however, is tired of austerity and continual budget cuts, which have hit the poor and the old especially hard." I've been reading stories of Elders killing themselves, of babies going hungry, high unemployment, how can the worlds people come onto the threads and not at least feel some compassion towards these people. It is not the people with no power that has casused these messes, yet they suffer first and the longest. There must be a way to help those who have the least to afford while still bringing Greece into a better place.

Greg K (1)
Wednesday November 7, 2012, 3:40 pm
The regular people were not consulted on the financial decisions made by the elite. The deals were made as much as possible in secret and covered with borrowing to keep the people from questioning or changing policies. Now the 'prescribed' cure is being cramed down their throats and the people will not just go off quietly to be slaves or starve. The government can kill the people at the direction of their rich owners but they can't make them work.

Lois Jordan (63)
Wednesday November 7, 2012, 5:01 pm
Well, it looks like the Euro was too good to be true. My heart goes out to the Greek people protesting austerity. We just gave austerity a huge "thumbs down" in this last election, but will probably have to continue to pressure those in Congress to keep the Sequestration bill they passed in place that rightly cuts Pentagon funding and eliminates tax cuts for the wealthiest. "People Power" will have to be great to fight the greedy...I wish the Greek people much luck.

Tom Edgar (56)
Wednesday November 7, 2012, 10:47 pm
OH dear. You the common herd must accept massive wage cuts so that the wealthy can stay wealthy in Greece, Germany. et al. But when you are earning a fraction of your previous wage where will the taxes come from to revitalise the nation? Now it seems axiomatic to me that the wealthier the common herd becomes so does the nation. Increasing the income increases the tax revenue, increasing the taxes increases the services from Government agencies. It is something that Capitalist America hasn't even begun to understand with the abysmal income of the majority of ordinary workers.

When you increase the wealth of the lower paid they use ALL of their income in buying more goods and services, in so doing the nation benefits with an ever expanding economy. When the top %5 increases their wealth they tend to hoard most of it, or use it to make more money, not by producing or consuming goods but, by manipulating and gambling on the money market.

It is time that people understood the best form of living is when the workers actually own the source of the country's wealth, that is by owning their place of work. Either by acquisition of shares, or being the shareholders in Cooperatives and owning the production source of their own wealth and future. Allowing multi billionaires to own your lives and the source of the fruits of your labours benefits very few indeed, and it isn't the workers,

Gloria picchetti (304)
Thursday November 8, 2012, 7:51 am
I don't agree with the mother of all strikes but I am not Greek. We just have to wait it out for an outcome.
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