"Saving" Greece

The top level ruling elite of the planet (as they fancy themselves) are applying their standard modus operandi to Greece. Put a nation heavily in debt with crooked deals with the target nation's political rulers, out of sight of the people of that country. Threaten the country with dire consequences when repayment becomes a problem. Then force the country to sell its public assets to capital vultures at depressed prices, and squeeze the lifeblood out of the populace (euphemised as "austerity") to funnel billions more to the finance capitalists. It's happened to numerous Third World countries.

Now the "white" people of Europe are discovering they are no different from Third Worlders (of usually darker complexions). This now is the fate of Greece, and Ireland, and Portugal, and maybe Spain. Moody's, one of the finance capital clan's hitman outfits, cynically called a "ratings agency,"  has suddenly "downgraded" the debt of Italy's banks, causing their stocks to plummet. Suddenly we're reading articles in the media about Italy's cruddy finances. (Which is nothing that hasn't been true for years.) Target: Italy.

Moody's, remember, is a criminal co-conspirator in the Collateralized Debt Obligation scam, whereby junk mortgages were packaged as AAA "debt securities" instead of as junk. Moody's is an aider and abetter of frauds, whose principals belong in jail. Instead they are now helping to attack countries and bring them to economic ruin.

To be sure, I am not defending irresponsible fiscal policies by venal, corrupt, entrenched political classes, as in Greece and Italy. The problem is obviously a dearth of democratic governance- governance in the interets of the people of a country, not a parasitic ruling elite, and a MEGA parasitic financial elite, with its enforcement arms the IMF, World Bank, CIA, and ultimately U.S. military.

What's being "saved" is not Greece. Greece is being destroyed. It's economy is being pushed deeper and deeper into depression, as it's corrupt politicians, headed by "Socialist" George Papandreou, carry out the diktat of high finance. What's being saved is the investments of the financiers, who refuse to give up a penny (contrary to all the talk of "shared sacrificed" shoveled down our throats by politicians and corporate media propagandists everywhere). Greece isn't being "bailed out." The financiers are being bailed out, as is their vulnerable house of cards system, which apparently can collapse if a tiny economy like Greece has to so much as stretch out repayment of its bonds.

In the case of Ireland, the country is run by slavish sycophants to big business, who refuse to raise taxes on big corporations, while at the same time transferring the busted, bad, PRIVATE investments of Irish banks onto the backs of the population, forcing yet another mass exodus of Irish people from their homeland. (For how many more centuries are the Irish going to be forced to flee their own country?)

At least there are signs of popular resistance to this mass assault on people's lives, on economic, class warfare of the superrich against most everyone else. Unfortunately it is unorganized, lacking a clear ideological understanding of the problem, and facing the armed violence of the state, in every country. So far, in order to maintain the illusion of being different from the Third World, the so-called "security forces" in Europe and the U.S. have contented themselves with using tear gas and clubs, and boots and fists, to mete out punishment to protesters, not yet resorting to mass murder as in Egypt, Tunisia, Libya, Yemen, Bahrain, Syria- and the various hellholes of Latin America not very long ago. But don't worry- if the protests become revolts, become rebellions, and start to look revolutionary, America and Europe have a long history of mass murder. The rulers still know how to do it.