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Sunday, July 24, 2011

GREECE-TEST CASE FOR AMERICAN AUSTERITY BALONEY

The crisis in Greece must be seen in a global context for another reason. People in Canada, the United States, Spain, Ireland, Italy, Britain, and many other countries are being given the same message: your well-being must be sacrificed in the name of "austerity."
There is increasing resistance around the world to this latest form of class warfare.
In reality, however, transnational economic elites want an ever greater share of wealth, even if it means that poverty and inequality are increasing for the majority.
In 1940, when Mussolini demanded that Greece surrender or face invasion, the Greek response was a single word: "No" ("Oxi"). When Mussolini's troops attacked, the Greeks inflicted the first military defeat ever on the Axis powers.

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