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Democracy? EU-IMF Sets Tax-and-Spend Policies in Greece as Citizens Burn it to the Ground

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Eric Blair
February 13, 2012

Can a country like Greece have a genuine democracy when an unelected international agency forces tax-and-spend policies down their throat?  If a sovereign nation cannot determine how much to tax it’s own citizens and what services to offer, what power does the people’s government actually have to govern?

Even the Greek parliament that just approved the very unpopular austerity package in Greece is lacking legitimacy, but the policy was demanded by the EU/IMF to secure a second bailout and avoid national bankruptcy.  See an explanation of their woeful approval ratings and democratic failings below:

The austerity package was also demanded by the “appointed” Prime Minister Lucas Papademos who, not surprisingly, is the former vice president of the European Central Bank.

Papademos threatened lawmakers before the vote that they “would be gravely mistaken if they rejected the package.”

“It would be a huge historical injustice if the country from which European culture sprang … reached bankruptcy and was led, due to one more mistake, to national isolation and national despair,” he said.

Full article at Activist Post

This article was posted: Monday, February 13, 2012 at 9:22 am

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