Monday, October 25, 2010

Elderly Pensioners in Greece Protest



Today in Athens, Greece, in Syntagma plaza (Constitutional plaza), before the Bouli of Greece (the Parliament), there are gathered many elderly folk who are afraid that the government here in Greece is going to decrease their pension benefits.  

As the whole world now is aware, Western countries worldwide are going through economic austerity measures due to the present economic crisis.  One big cut that people are feeling in their wallets, especially in Greece, is in pension benefits.  

This is one tyrannical way in which governments are trying to mulct their people, unrighteously, for the economic failures of big banks that delved devilishly in toxic derivatives trading; and if you read about how all these countries' economies are failing (US, EU countries, Iceland and others), you will see that all this has to do with the dirty derivatives.

(For the initial CAUSE of the derivatives scandal, look to the US government back in the 1990's when Clinton REPEALED the Glass-Stegal Act which led to unchecked cooperation between commercial banks and investment banks.  See my article on this:  The Clintons and their Glass-Stegal Debacle.)

Yes, indeed, this type of trading was going on in Greece starting back in 1999 whereupon Goldman Sachs and others banks began secret deals with the Greek government to allowed to use Greece's stock market to invest in these type of complicated derivatives that lead to destruction when not monitored.  It is complicated, but in a nutshell, it is heavy gambling with countries national assets.

In this video with 2 of the striking pensioners (below), they lay out their thoughts about what is going on with their pensions cuts.  The translation is:

The gift (some monetary gift) for Easter, the gift for Christmas, that was always paid and entrenched for the citizens in Greece, that we usually get from the government as a gift (they didn't pay it to us), ....let's say for example, when people here wanted to go for a vacation to the beach...the government in such circumstances for the benefit of the citizens, would give us a GRANT, but they have now CUT it...

...Inflation is being spurred on...

...The government is raising the prices on everything...

...The gov't, during the upcoming elections in Nov., with a corrupt plan, is going to try to take away the authorities of our Demes (towns) and communities with a new bill (called Kalakratis)...but this is anti-citizen!...it is anti-human!...

...The higher cost of living is snatching our money away

The government is now raising our utility bills...everything is going up...all this is inhuman what they are doing to us

- Switching to the other gentleman....

...We are a body of pensioners simply protesting together (not an actual organized organization)...

...inflation keeps going up every year, but in the past 5 years, salaries are not going up...they are being cut (diminished)...

- Switching back to the first gentleman...

...What can I say...about the youths whom unemployment spurs,...they are unbridled  and don't work here...

... capitalism has gone rotten here...it has got to change here

...this is why I am shouting ...

...the Greek people, just like the French and others,  must flood into the sidewalks and streets to protest what the gov't is doing to us here and to contend for their right!






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