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Lagarde tells Greek Parents "Its your fault"

http://www.guardian.co.uk/world/2012/may


Christine Lagarde, the self appointed "World Protector", and leader of the unelected "IMF Supreme Council" weighs in with her contribution to the growing distorted hysteria, attempting to influence the outcome of the forthcoming Greek elections. There can be no thinking person who really believes that the crisis in the Greek economy is the consequence of ordinary people, "Greek parents" to use her terminology, not paying their taxes. This simplistic, almost naive analysis, is an attempt to convince ordinary people in the rest of the Eurozone, together with those, like ourselves who are not members of the "Euro Club", that the crisis has nothing to do with the banks, financial institutions, speculators and the like, and the duplicitous politicians of the coalition of New Democracy (ND) and Pasok and more recently the unelected “technocrat” prime minister and government, who entered into austerity agreements with Merkel and the rest of Eurozone, and then poured the bailout monies down the drain. There is little doubt that tax avoidance and no doubt tax evasion, is a problem within the Greek economy, but this is no different from any other economy in Europe or anywhere else for that matter. Large companies pay significant amounts of money to accountants and lawyers, to ensure that their tax burdens are reduced to the lowest sum possible. On the other hand "Greek parents" are not really in any position to afford such professional assistance.
The intervention of Christine Lagarde and her IMF henchmen, is another ratcheting up of the pressure on the people of crisis-hit Greece, with the not very subtle threat to "Vote for New Democracy (ND) and Pasok or else!"
On May 29th, I wrote in this blog the following:
"Between now and the elections in Greece in June, the attention of the media and pundits, particularly in Europe, will be focused on the dire consequences resulting from the exit of Greece from the Euro zone. These tactics of spreading alarm and despondency through the pages of our newspapers and the screens of our televisions, are a not very subtle attempt to frighten the voters of Greece into electing those parties who support German dictates of further austerity, and to convince the rest of us that there is really no alternative to further cuts and reduction of living standards. The truth is of course, rather different. Far and away, the real beneficiaries of austerity are those individuals and organisations who are making considerable amounts of money from the sacrifices of others. Only the interests of Merkel and the Germans, the IMF, the bankers of the Eurozone, the ECB and the speculators of “the markets”, will be met by the continued existence of the extended Eurozone, and the way to perpetuate this dinosaur of economic dogma is to create fear of the consequences of dis integration."
The intervention of Legarde and the IMF only reinforces my view.



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