Friday, October 19, 2012

U.S.Elections And Greece.

You might well think that the favourite little con game that they are playing in America called 'Elections',  would be of little significance in Greece.

I thought that, until I became suspicious of what has been happening in Greece over the last few months, and is still going on, and on.

I remembered that shortly after Greece had played its own version of the Election game in May and June, one of the three wise men who pretended to have won the game said that they would waste no time in setting up the torture racks throughout Greece.This should have started alarm bells ringing, as people of this ilk usually do the exact opposite of what they say.

We had two rounds of the game, as the E.U. were not at all happy with the result of the first round, and , no doubt, issued strict instructions that only 'yes sir, no sir, anything you say sir, or madam ' types who stood in awe of the Troika must be put in power.And so they were.

Someone in a dark suit actually said that they would immediately start getting Greece back on its feet. What he really meant, of course, was as usual the exact oppposite, and that they would start sawing off the legs of Greeks

We should be pleased that the new austerity measures have not been announced, but it leaves us waiting day after day for the sword to fall on our necks.It's not a good feeling, because we know it is going to happen.

Before they can announce the fresh from the Tower Of Babel instructions on how to destroy a society, they have to get the wondrous bailout. Not one cent of this will be spent for the Greek people; this little fact is somehow overlooked in most of the press.

To get the bailout the three wise ones have to firstly convince the Troika that they will erect the gallows and torture chambers demanded by their leaders.

So what progress has been made ? Has there been an urgent rush to get everything done ?

No, not at all.No sign of any desire to rush things along. It's like watching a very slow snail crawling along at a snails pace that stops and rests whenever it wants.

Everyday the newspapers have been saying more or less the same load of stuff since June.It goes like this:

Troika arrive in Athens for talks for two days with the Greek Government. On the second day a black suit will say,"The talks are going very well." After the Troika leaves, another black suit will then tell reporters that  the talks were wonderful, but there are one or two little obstacles to overcome, but he is confident that these issues will be resolved.

A few days later the Troika arrive again and the same , with  small variations, happens again; rinse and repeat every week since June.

All this is headline news with hardly any mention of how much the people are already suffering because of the previous austerity measures. Strikes are hardly mentioned, if at all. The people aren't important ; only troika and that loan.

I dread to think what the T.V. stations are doing.I can just imagine all those so called'experts' shouting at each other  out of those four or five windows T.V. is so fond of.  I stopped watching that hypnotist a few years ago.

I read the Greek newspapers though. A lot of jargon is used that  I am sure no one understands. The following I found in different newspapers today.Bear in mind these were in the headline articles of popular papers..

"There is disagreement in the macroeconomic scenario."

"Single resolution mechanism.."

" National deposit guarantee scheme."

"Harmonization of national resolution".

"European stability mechanism".

Maybe its just me who doesn't understand what these phrases mean.

Why, oh why is the whole sorry affair dragging on so long ?While it's doing its two step forward, one step back dance, can you speculate what this is doing to any business operating here.No wonder the big players  are moving out.I had my own small business  for a short time and I can tell you that you have to know what sort of winds the Government has planned.As for anyone who was thinking about starting a business here, they have either galloped away to a more secure country or put it on indefinite hold. Who would invest in Greece at the moment ?

These long- winded talks are doing enormous damage to the Greek economy.Strange that the troika and the Government appear blind to this.

I wonder if all these talks are just an act.Is it possible that the American government told the three wise men and the troika that whatever they do , don't give  any bailout to Greece yet and don't announce the new austerity measures to the people. Wait until the U.S election is over.

American intelligence could have come to the conclusion that once the austerity measures are announced, this will trigger total social collapse in Greece,and Greece will leave the E.U., without paying back any money.

According to an article by Nin-Hai-Tseng dated 29. 5 2012 in CNN Money; U.S.A's greatest concern would be uncertainty following a Greek exit, and that if investors panic triggering bank runs and a disorderly break-up of the Euro that includes bigger debt-ridden countries like Spain and Italy, the crisis would be felt across the financial system.Morover 20% of all loans made in the U.S. come from European banks.
The article continues: Add to this that Europe is China'a biggest export market, and that a slowdown on the Chinese economy could pull back growth in the U.S.A.

Not a scenario that Obama would like to see before an election.

What other explanation  for the long- drawn- out talks could there be ?

Unless, of course, all the parties involved in the talks in Athens are really just having a knees-up everytime they meet.



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