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Video debate: Greek debt bailout by IMF? or is the IMF forcing Greece to allow foreign corporations to plunder its wealth?

Previously published as Debate: Greece debt deal (26/5/16) on PressTV.

In this 23 minute debate with Jack Rasmus (pictured right), Paul Craig Roberts (pictured left), former Assistant Secretary of the United States' Treasury, shows that the so-called IMF bailout of Greece's debt to the IMF is not a bailout at all. A bailout is supposed to reduce the debt to a level where the loan can be paid off. The conditions attached to the bailout will force the Greeks to sell off to foreign corporations much of Greece's publicly owned wealth-generating assets.

Large rallies in Greece and Australia for 'No' vote against austerity and privatisation

Updates 4 Jul 15 from RT: Pro-Greece rallies STORYMAP: How the world is expressing solidarity with anti-austerity campaign, 'No more looting': Thousands rally across EU to express solidarity with Greece, From historic vote' for Greece's Syriza to #Greferendum : INTERACTIVE TIMELINE

Update July 6, 2015: The 'NO' vote has won, 62%: 38%!The 11:00PM ABC news last night reported large rallies for a 'No' vote at today's referendum in Greece. Rallies in Greece in support of a 'Yes' vote were considerably smaller. Rallies by Greek Australians also featured in the report. In spite of the fact that further austerity and privatisation that could only be ended with a 'No' vote, would be disastrous for the Greek people, the organisers of the Australian rallies chose not to advocate 'No' vote. Instead, the rallies are taking a neutral stance ostensibly in solidarity with Greece.

Reports of rallies in Australia and Greece can be found on the ABC News site. 1  Included below, in this article, are two embedded videos of rallies of Greeks in support of a 'No' vote against the IMF bailout conditions. Both were uploaded on 3 July 2015. The first, from the RT YouTube channel, is of length 3:28 minutes. (The fact that this video is only in Greek and has no English sub-titles does little to detract from its value for English audiences.) The second, from ThePressProject video channel is of length 10:30 minutes. It has been dubbed over by an English interpreter.

Only a "No" vote can save Europe

Previously published (2/7/15) by Paul Craig Roberts.

Updates, 4 Jul 2015: Tsipras calls for 'No' vote in referendum on creditors’ demands | PressTV, 'No more looting': Thousands rally across EU to express solidarity with Greece | RT, 'No' and 'Yes' bailout referendum rallies gather thousands in Athens | RT, Greece – Risk of False-flagging Greece into Submission and Chaos? by Peter Koenig | Global Research, Could Greek resistance bring down the EU? (1/7/15) by Prof. John Quiggin | ABC The Drum, Greece and Other Musings On July 4th by Paul Craig Roberts, Greek Press Accused of Spinning Preliminary Poll Results as Yes Vote | Sputnik News.

James Galbraith, a professor at the University of Texas, explains what is at stake this Sunday. This is an important article. Because of the presstitute Western press, Americans, Europeans, Canadians, and Australians have no comprehension that their own liberty, or what little remains of it, is dependent on this vote. If the Greek people accept the conditions given to them in the ultimatum from the IMF, European Union, and European Central Bank, an ultimatum supported by Washington, the precedent will be established that the greed of the One Percent prevails over the sovereignty of peoples.

There is a massive Western propaganda campaign to make Greeks fearful and to use this fear to manipulate a Greek vote against their own government and in favor of the Global One Percent.

Yanis Varoufakis: Why Greeks should vote NO

Previously published (1/7/15) on Global Research


Greek Minister of Finance
Yanis Varoufakis, who
holds dual Greek-
Australian nationality

Other articles, which are supportive or of critical of the way in which Greek government has stood up to the IMF or neutral: Greece Again Can Save The West (1/7/15) by Paul Craig Roberts, The European Union does will kill Greece? by Webster G. Tarpley (8/6/15) | VoltaireNet, Syriza: Plunder, Pillage and Prostration: How the 'Hard Left' Embraces the Policies of the Hard Right (15/16/15) by Prof, James Petras | Global Research, Greek Journalists "Trained by the IMF in Washington to Spin Stories in Favor of the IMF and the European Commission (18/6/15) | Red Pill Times/Global Research, What Greece's Creditors Should Know (18/6/15) | Global Research/Socialist Project, 'This road of austerity is spiral of death' – Greek minister, (19/6/15) | RT, Greece to Face IMF Funding Deprivation Until Arrears Paid off –IMF Chief (19/6/15) | Sputnik News, Greece to hold national referendum on debt deal - PM (26/6/15) | PressTV, Brussels: A bloody-minded blob' of costly dysfunction (28/6/15) by Patrick L. Young | RT Op-Edge ...

Greek people to vote at 7 July referendum whether to accept or reject IMF austerity


Aléxis Tsípras,
Prime Minister
of Greece

Previously published (27/6/15) on PressTV as Tsipras calls for referendum on creditors' bailout demands.This article also includes embedded video Greece to hold nationwide referendum on the country's future on July 5. See also , That which you were never told about Greece (23/2/15) by Aléxis Tsípras | Voltaire, Greece to hold national referendum on debt deal - PM (27/6/15 - with video) | RT and other alternate and mainstream reports.

People in Greece will vote in a referendum on whether their government should agree to international creditors' demands in return for a bailout to the debt-ridden country, Greek Prime Minister Alexis Tsipras says.

The plebiscite will be held on July 5, Tsipras said in a televised speech early on Saturday, adding that he had already informed Greek President Prokopis Pavlopoulos and the largest opposition party, the conservative New Democracy party, about the plan.

Liberating Greece from Neoliberalism

See also: Greek 'political blackmail' of EU won't work anymore, says top Merkel party member (1/1/15) on PressTV, Austerity Measures in Greece and the Eurozone. Repealing “Flawed Economic Policies” (31/12/14) by William Black on Global Research, Angela Merkel hails Greece austerity measures (9/10/12) on PressTV.

Neoliberal Policies in Greece. Liberating the Country from the Grip of its Creditors

Previously published on Global Research (2/1/15).

Editorial introduction: The savage cutbacks of social services and government employment demanded of the newly elected left-wing Greek SYRIZA government by the International Monetary Fund (IMF) is barely an order of magnitude less brutal than the civil war inflicted upon the Greek people in 1944 by the British and former Nazi collaborators. Given the support given to neo-Nazis by the same vested interests served by the IMF barely 1,000km away in Ukraine, what guarantee can there be that the Greek people will be any less brutalised than they were in 1944?

As has been shown elsewhere, 1 it was not for lack of courage and steadfastness that the Greek people were defeated after 1944. There is every reason to hope that, in 2014, the Greek people will be able to stand up to the New World Order Tyranny of the IMF.

However, a complicating factor is mass immigration, which in Greece and many other countries, destroys the quality of life of the working and middle classes. Unfortunately, in Greece, the most outspoken opponents of mass immigration are the modern day ideological bedfellows of the Nazi collaborators of the late 1940s.

Financial War: IMF Pushes Ukraine to ‘Voluntarily Committing Suicide’ by Michael Hudson

Video interview inside.Western support will allow more IMF and European lending to prop the Ukrainian currency so the Ukrainian oligarchs can move their money safely to British and US banks, explains economist and author, Professor Michael Hudson. '[...] Finance today is war by non-military means. The aim of getting a country in debt is to obtain its economic surplus, ending up with its property. The main property to obtain is that which can produce exports and generate foreign exchange. For Ukraine, this means mainly the Eastern manufacturing and mining companies, which presently are held in the hands of the oligarchs. For foreign investors, the problem is how to transfer these assets and their revenue into foreign hands – in an economy whose international payments are in chronic deficit as a result of the failed post-1991 restructuring. That is where the IMF comes in.'

'[...]Governments are told to balance their budgets by selling off public assets – mainly natural monopolies whose buyers can raise excess prices to extract economic rent. The effect is to turn the economy into a renting “tollbooth economy.” Hitherto free public roads are turned into toll roads, and other transportation, water and sewer systems also are privatized. This raises the cost of living, and hence the cost of labor – while overall wage levels are squeezed by the financial austerity that shrinks markets and raises unemployment."

"What is at issue is whether economies throughout the world will let financial leverage dismantle the power of elected governments, and hence of democracy. Governments are sovereign. No government actually needs to pay foreign debts or submit to policies that negate the three definitions of a state: to create its own money, to levy taxes, and to declare war."
(Article by Michael Hudson, first published on Global Research, July 7, 2014.) Original videoed interview by RT's Daniel Bushell (Truthseeker program) was on June 29, 2014.

Syrians show their support for President al-Assad in popular demonstrations

A link to the video, embedded below, was posted to a FaceBook discussion started by Samantha Power, US Ambassador to the United Nations with the comment, "Sorry Miss Ambassador but I don't see in this recent video taken on February 2014 that people are rejecting Assad".

Germans protest government-imposed austerity dictates of unacccountable IMF

In recent months, the pathologically greedy bankers who run the International Monetary Fund (IMF), and corporations have demanded of European Governments they inflict financial misery on millions of Europeans to supposedly restore the fiscal 'health' of those economies. The measures include the reduction of government services and the sacking of public servants who provide those services.

Fed up with that austerity, dictated by bankers and other big corporations to governments that were supposedly elected to represent their best interests, people of Germany and Spain have taken to the streets in large protests and clashed with police.

Astonishing consequence of fiscal austerity - IMF raids personal bank accounts

Yesterday, in Cyprus, ordinary citizens turned up to take money out of their accounts via EFTPOS and could not access their cash! This has actually happened. Overnight sums of money have been levied directly on every bank account in a country, apparently with the authority of the IMF and the European Union. There is nothing to say now that any bank account in the world is safe from similar action. This is a new bad era. The rules have been smashed.

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