The US government used the arrest and resignation of Dominique Strauss-Kahn as an “political opportunity” to push its man, John Lipsky, into the chair of the IMF and dictate its terms for a new Greek bailout: here.
This video is called: Greeks fear more of the same after cabinet reshuffle.
Rachel Donadio, The New York Times News Service: “The instability rocking Greece this week is the latest manifestation of a troubling new phase in the global financial crisis: political turmoil is sweeping through Europe, toppling governments and threatening to undermine efforts to rescue the financial system and, ultimately, the euro zone itself. It seems likely that Prime Minister George Papandreou of Greece will manage to hold his government together long enough to push through the deep cuts required for his debt-ridden country to receive its next installment of international aid”: here.
Greek Protesters Are Better Economists Than the European Authorities. Mark Weisbrot, The Center for Economic and Policy Research: “Imagine that in the worst year of our recent recession, the United States government decided to reduce its federal budget deficit by more than $800 billion dollars – cutting spending and raising taxes to meet this goal. Imagine that, as a result of these measures, the economy worsened and unemployment soared to more than 16 percent, and then the president pledged another $400 billion in spending cuts and tax increases this year. What do you think would be the public reaction? It would probably be similar to what we are seeing in Greece today, including mass demonstrations and riots, because that is what the Greek government has done”: here.
Pablo Ouziel, Political Thoughts: “Spain, like other European states, continues to implement anti-social-neo-liberal policies with strong opposition from the citizenry. It has been one month since the country’s ‘Indignados’ (Indignant Ones) movement claimed nonviolently sixty city-squares in cities across the country, calling for economic democracy, political justice and peace. Since then, much has happened within Spanish borders, and what is happening there is clearly spreading across Europe, where we have already witnessed social movements making similar demands”: here.
Young and old, working and unemployed marched shoulder-to-shoulder in Madrid today chanting: “Let’s walk together against the crisis and the power of capital”: here.
More evidence is emerging of the use of undercover provocateurs in the vicious police attack on a demonstration in Barcelona last Wednesday: here.