Make no mistake--today's overwhelming victory for the no vote on further austerity measures in Greece is huge. While I don't pretend to understand all of the ramifications (there is a nice primer on the Greek economic situation here), I do know this: the banks basically told the Greek people that they were going to have to accept a new economic reality wherein they were going to have a permanently reduced standard of living, and the Greek people said "fuck you" to the wealthy elite to the tune of 61% to 38%. It was basically a chance to vote to make rich people even richer or tell them to pound salt up their ass.
The Greeks chose wisely.
Conservative economic principles have failed on a massive scale in Greece (and pretty much throughout the world) and today they were called to the carpet and given a boot in the ass for their pathetic efforts.
Mark my words: this has the potential to be a huge turning point for the poor, the working class, and the middle class, and one day we may very well be thanking the Greek people for their courage.
Peace,
emaycee
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment