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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 03:03 PM
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Nationwide Strike Paralyzes Greece

ATHENS—Tens of thousands of Greeks took to the streets Wednesday as much of the country went on a 24-hour strike against government austerity measures.

A small group of youths threw Molotov cocktails at police, who responded with tear gas. However, the 20,000 people who filed through downtown Athens—a relatively large crowd for a Greek strike—mostly limited themselves to chanting anti-government slogans.

Public- and private-sector unions called the strike to protest a range of measures aimed at reducing Greece's budget deficit. The government has announced a freeze on civil-service wages, cuts in public-sector entitlements and the closing of tax loopholes for certain professions, including some civil servants. It has also announced a fuel-tax increase.


"There is an all-out war against public servants, those who earn the least," said Spyros Papaspyros president of ADEDY, an umbrella union for public-sector workers. "We will fight to keep the little we have. The government and the EU must understand the crisis must be paid by the rich.

http://online.wsj.com/article/SB10001424052748704240004575084853361540506.html?mod=rss_Today's_Most_Popular

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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 03:31 PM
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1. the EU must understand the crisis must be paid by the rich.
Good luck with that!
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reggie the dog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 03:56 PM
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2. YESSS RIOTTTTT I hope one kicks off in France again this year
Lufthansa pilots went on strike a couple days this week and won, shitload of flights canceled here in Europe, the company set to lose a shitload each day.....

French air traffic controllers are on strike to preserve their job status and against combining air traffic controlers from multiple countries because they want to preserve the job protection and salaries they have in France

the ferry boat operaters from Corsica to the mainland are on strike to preserve their public companies position in the ferry business and against privitisation

Total company's oil raffinery workers struck for a week, other raffineries joined in, we started to run out of gas, the govt told the company to cave, the company CAVED IN TO WORKERS, yes OUR RIGHT WING GOVT MADE A BIG OIL COMPANY CAVE AND ASSURE NO FRENCH JOB LOSSES FOR 5 YEARS!

next in 2 and a half weeks there is a teachers strike coming up, and a week after that a train engineer strike (unlimitted with means many days long)

RRRRRRRRRRRIIIIIIIOOOOOOOOOOTTTTTTTTTTTTTT SSSSSSSSSTTTTTTTTTTRRRRRRRRRRIIIIIIIIIIKKKKKKKKKEEEEEEEEE
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seafan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 03:57 PM
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3. Looks like the great vampire squid sucked the lifeblood of Greece and moved on.
Greece’s debt managers agreed a huge deal with the savvy bankers of US investment bank Goldman Sachs at the start of 2002. The deal involved so-called cross-currency swaps in which government debt issued in dollars and yen was swapped for euro debt for a certain period — to be exchanged back into the original currencies at a later date.

Such transactions are part of normal government refinancing. Europe’s governments obtain funds from investors around the world by issuing bonds in yen, dollar or Swiss francs. But they need euros to pay their daily bills. Years later the bonds are repaid in the original foreign denominations.

But in the Greek case the US bankers devised a special kind of swap with fictional exchange rates. That enabled Greece to receive a far higher sum than the actual euro market value of 10 billion dollars or yen. In that way Goldman Sachs secretly arranged additional credit of up to $1 billion for the Greeks.



Goldman Sachs charged a hefty commission for the deal and sold the swaps on to a Greek bank in 2005.




Nationwide Strike Paralyzes Greece , February 24, 2010



This is the outcome of unregulated, cancerous greed, and it is coming to America.







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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 06:47 PM
Response to Reply #3
6. The vampire squid sure gets around.
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reggie the dog Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 03:58 PM
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4. lots of unionists lots of anarchists in Greece
The anarchists are fucking in your face in Greece, they molotoved many banks, police stations, govt offices and cop cars in the riots about a year ago....
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mwrguy Donating Member (396 posts) Send PM | Profile | Ignore Wed Feb-24-10 06:26 PM
Response to Reply #4
5. Can we import some?
How about H-1B visas for a much needed skill set.
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-24-10 06:47 PM
Response to Reply #4
7. They ROCK!
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