As long as most startups crash and burn, and anyone with a few bucks and plenty of inner drive can start an enterprise, authentic capitalism still lives. But let's face it, authentic capitalism occupies a diminishing corner of the U.S. and global economies.
Greece may have to sell ancient ruins and islands under the bailout "deal" ~ link ~ The criminal banksters want EVERYTHING including that which is 'nailed down'!!! Why not just HANG THE BASTARDS!!! Stirling
It’s a horrifying prospect: Greece may have to sell it’s ancient ruins and sights in Athens and elsewhere, as well as nature preserves, and islands as part of it’s deal under the new bailout agreement. People are very rattled at the part of the seven-page agreement where the Greek government has agreed to sell off 50 Billion Euro’s worth of “valuable Greek assets”.
How Greek Debt Can Be Annulled ~ link ~ Do take the time to read this one in full at the link. Stirling
The crushing Greek debt could be canceled the way it was made – by sleight of hand. But saving the Greek people and their economy is evidently not in the game plan of the Eurocrats.
What did Greece do to deserve this coup d’état? According to former World Bank economist Peter Koenig:
[T]he Greek people, the citizens of a sovereign country . . . have had the audacity to democratically elect a socialist government. Now they have to suffer. They do not conform to the self-imposed rules of the neoliberal empire of unrestricted globalized privatization of public services and public properties from which the elite is maximizing profits – for themselves, of course. It is outright theft of public property.According to a July 5th article titled “Greece – The One Biggest Lie You’re Being Told By The Media,” the country did not fail on its own. It was made to fail:
[T]he banks wrecked the Greek government, and then deliberately pushed it into unsustainable debt . . . while revenue-generating public assets were sold off to oligarchs and international corporations.A Truth Committee convened by the Greek parliament reported in June that a major portion of the country’s €320 billion debt is “illegal, illegitimate and odious” and should not be paid.
The Greek Debt "Deal" is already starting to Fall Apart ~ link ~
The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted extensive debt relief. This is something that the Germans and their allies have resolutely refused to do. Meanwhile, outrage is pouring in from all over Europe regarding what the Greek government is being forced to do to their own people. Most of this anger is being directed at the Germans, but the truth is that without German money the Greek banking system and the Greek economy will completely and utterly collapse. So even though Greek Prime Minister Alex Tsipras admits that this is a deal that he does not believe in, he is attempting to get it pushed through the Greek parliament, and we should know on Wednesday whether he was successful or not. But even if the Greek parliament approves it, we could still see either the German or the Finnish parliaments reject it. It seems as though nobody is really happy with this deal, and these negotiations have exposed very deep divisions within Europe. Could this be the beginning of the end for the eurozone?
Ahead of the vote, protesters threw petrol bombs at police during an anti-austerity protest close to parliament, and police responded with tear gas.