Wednesday, July 15, 2015
Underground reports exposing IMF and Greek Plutocrats
If you want to know the most important news about the Greek financial collapse you won't find it in the traditional commercial media. They follow almost exactly the same pattern of behavior, although they find many ways of saying the same things without mentioning many of the most important facts.
Fortunately there are alternative media outlets available for people, that aren't keeping their heads in the sand, that do a much better job reporting the news.
This should be important to everyone including those in other parts of Europe like Italy, Spain, Portugal, Ireland and the United States as well as many third world countries that have already learned some of the lessons Greece is now learning. And many of those that are waking up are starting to check alternative media outlets to find the truth, instead of trusting the traditional media.
The simple explanation for a lot of the problems we face that you never hear from the commercial media is that people with jobs that are at least partially designed to shift wealth from the majority to those that control powerful institutions get paid much better than those that do work that improves the quality of life for the majority; and most if not all of them have almost certainly been getting raises above the rate of inflation while working people have seen their wages decline.
In other words centralized corporate bureaucracy is skyrocketing as much as centralized Soviet bureaucracy did before their collapse.
Advertisers, lobbyists, economists, union busters, lawyers, pundits, consultants and many other jobs that make the rich richer at the expense of the rest of us all pay much better and they're only available to people from the ruling class or those that go along with the program to create the appearance of upward mobility for some that escape from poverty.
Ironically these jobs aren't subject to the "free market" system, as the media and economists keep telling us.
When was the last time you hired an economist, advertiser, union buster or lobbyist.
Wrong, sort of; when you buy from oligarchies you provide funds to indirectly hire all these people who work against your interests in a system that has consolidated to a relatively small number of multinational corporations that all follow the same pattern of behavior an no longer pass on the benefits of competition, even though this is used to reduce wages.
Fortunately there are a few exceptions like Juliet Schor or Yanis Varoufakis but they don't make nearly as much money as those with incentive to deceive the public and the public often doesn't pay attention to them until things get so bad that tehy start to wake up and seek alternative news.
These things are easy to figure out or confirm as long as people don't rely solely on the commercial media for their information; and so is the real news about Greece and the corruption of the IMF and commercial media as long as people sort through the right alternative media outlets.
The following are just a sample of the more reliable stories that aren't being covered by traditional media that expose some of the corrupt activities, and there are also plenty of books that go into more detail, although the media doesn't promote those either, starting with one that exposes how they train the media to spread propaganda.
Their debt was part of predatory lending practices that include requiring privatization of government services among other things. While some reports say that the IMF loans are low interest they also require multinationals to take over industries with deals that are as predatory as high interest loans, or loan sharking. This includes banks, which in some countries have been controlled by the government previously and may have provided better services to their people before they were privatized. This might mean that even though some of the IMF loans are low interest by allowing banks to be privatized or eliminating usury laws for banks that have already been privatized, the IMF may be enabling what should be called loansharking. Also the traditional media doesn't provide much if any information on how well regulated banks or nationalized banks provided services compared to private banks but this article provides more reliable information as far as it goes.
Some of the tactics are the same as those used in Latin America as well as other parts of the world; and a closer look at Latin America indicates that although they haven't completely reversed the process they have waken up and begun to stand up to the IMF. This information is available through a variety of sources and this particular article describes some of the tactics used by the IMF, comparing it to mafia tactics, with justification, perhaps the IMF should be considered a government sanctioned loansharking operation.
As I said previously Yanis Varoufakis appears to be one of the few economists that do a good job representing the public instead of corporations; however I suspect that he might have been able to do a better job if he hadn't resigned. But even though he did resign he is speaking out and according to the following article he hints that he might have been forced out and he is speaking out more. Perhaps this will help wake people up and stir them to action; especially since they appear to be trying to impose a slightly lighter version of Austerity, without acknowledging the deceptive tactics used by IMF, media, banks and other large corporations.
Another major possibility the IMF and multinational corporations might not want the public to consider is that the threat to force Greece into exiting the European Union might be at least partially a bluff!
A Greek exit or Grexit as it is being called could cause as much if not more problems for the multinationals than it does for Greece. What if they also had to force Italy, Spain, Portugal and Ireland among other countries from the European Union all at the same time? It would cause a total collapse of the union eventually if not immediately. This is why they can't possibly try to force them all out at once and might have negotiated deals so this wouldn't happen. But even if they force Greek out then they have to know that the next country will be defaulting soon, unless they're total ideological fanatics. Then a Grexit might only delay the inevitable, and they have to at least suspect this.
If those of us who will be sinking next join those that are sinking now then the oligarchies will have to stop stealing and may even have to give back their loot!
If the people of Greece along with other European countries and even the United States realize this then they can demand real reform and they would have the leverage to get it at least to some degree but only if they rely on alternative media outlets, at least until we have major media reform allowing for much more diverse views and less corporate censorship.
Many Latin American countries have already demonstrated that they can take major steps in the right direction if they stand up to multinationals and at least partially reverse the damage done by them. If grassroots efforts around the world join them then we can have major reform and hold the oligarchies accountable and force them to pay back what they stole!