Greek Bail-Out Agreement Splits Leftist Party

As told by Greek media, E.U. demands that Greece weaken worker protections and benefits has split SYRIZA, the compassionate workers' party which put Tsipras in power.  Just how things will go in SYRIZA remains to be seen, though some are predicting approval of the bail-out "package" in Parliament tomorrow.

All this brings to mind the Truman Administration rescue of Greece after World War II.  The aid package was endorsed strongly by the President but its passage was by no means certain.  Today, with the European Union issuing edicts to formerly sovereign nations, the United States appears as a powerless bystander.  What Merkel, the City of London, and even some in Finland (!) are supporting is brutal.  Merkel and her cabal have departed from international norms of behavior and must be called out for their cruelty.

The Minister concluded his statement by stressing that Greece had and still has an alternative to the agreement and claimed that the dilemma posed by the creditors – agree or face catastrophe – was false, terroristic and against the people’s will, as expressed in the recent referendum, which was an overwhelming no to further austerity.    Read more...