Details Published on Monday 10 May 2010 16:44 Written by Radical Socialist
On Thursday May 6 there was an new call for mobilization by the trade unions and the Left. Despite the political atmosphere crated by the tragedy, some 25.000 demonstrated peacefully in front of the Parliament. Late at evening the police attacked and dispersed some 1.500 who were still in front of the Parliament, although there was no violent action by the demonstrators.
But on Thursday the real news were inside the Parliament. Three socialist parliamentarians refused to vote in favour of the IMF-EU austerity plan. They were immediately kicked out of the socialist parliamentarian group. The plan was finally voted by PASOK (socialists), LAOS (racist extreme right) and Ntora Bacoyanni, the former right wing foreign affairs minister and rival of Antonis Samras for ND (right wing opposition) presidency. Samaras, a populist nationalist politician who decided to vote against the plan, immediately kicked Bacoyanni out of the party. There is no doubt that the political system will not be the same after the implementation of the austerity plan. It seems that Bacoyanni wants to create a new political party that can cooperate both with PASOK and ND to build a government (the model seems to be the German Liberals).
As the time goes by, more and more people realize that the IMF-EU-Greek government plan is not only catastrophic for the working people, but it will also lead the country to an impasse. Public sector employees are losing about 30% of their income. Pensioners (both of public and private sector) are losing as well from 15% to 30% of their income. Young workers will paid with less money (about 580 euros) than the minimum wage (Greek version of CPE) And at the end of the day, in 2014, if everything goes as planned, the debt will be 150% (now it is 115%), and the GNP will be -5% than in 2009. As you well know, reality is always worst than plans (especially of those of IMF). The economy is falling into the deepest recession, at least -4% for this year. It is obvious that with such a low GNP, the whole lot of public debt cannot be paid. Sooner or later, the debt will be renegotiated and some private creditors might lose a part of their profits. This perspective, which is getting more and more clear, is making markets extremely insecure. In two worlds, the working people are already bankrupt and in some time the country will as well go bankrupt.
Argentina is in front of us.
7/5/10