Thursday, June 30, 2011
The European stock market reacted jubilantly to news that the Greek parliament agreed to Mafia-like terms demanded by the international loan sharking operation, the IMF. Investors looked myopically at the boards showing the London FTSE 100 up a smidgen along with Frankfurt’s DAX and CAC-40 in Paris. In the United States, stock futures ticked up modestly as Wall Street opened for the day. Dow Jones Industrial Average futures for September delivery and Standard & Poor’s 500 contract for the same month are up 0.2% at 12,238.00 and 1,306.30, respectively.
Meanwhile, on the streets of Athens, an IMF riot is in full swing. “Despite continuing protests – some violent – on the streets of Athens, investors were pleased that a euro-zone financial disaster had been averted,” the Wall Street Jounral cheerfully reports today.
The IMF riot will undoubtedly get worse later today as the Greek parliament figures out the mechanics of bankster-imposed austerity. It’s business as usual for the financial class on Wall Street, and in London and Brussels.
“Although one would not think it from the pictures from Athens, European policy makers have expressed their approval that Armageddon has been averted following the vote of approval in the Greek parliament,” said Dermot O’Leary, economist at Goodbody Stockbrokers.
Of course, it depends on how you define Armageddon.
When the IMF eliminated food and fuel subsidies for the poor in Indonesia in 1998, the people went into the streets and rioted. After the banksters jacked up water prices in Bolivia, a series of IMF riots broke out. There were riots in Ecuador over the rise in cooking gas prices imposed by the World Bank.
According to former chief economist at the World Bank, Joseph Stiglitz, the IMF and World Bank meticulously plot these riots. It’s all part of the plan. Greece is being gutted economically so the banksters and transnational corporations can rush in and buy assets and resources for pennies on the dollar.
In 2008, as the engineered subprime mess began to roll and threaten economies, then IMF boss Strauss-Kahn (since disgraced and forced to resign) predicted advanced countries would ultimately experience what Greece is going through right now.
During a speech in Madrid, Strauss-Kahn said that “social unrest may happen in many countries – including advanced economies” if governments failed to adequately respond to the financial crisis. “He added that violent protests could break out in countries worldwide if the financial system was not restructured to benefit everyone rather than a small elite,” the Guardian reported.
IMF riots are planned across the board as the global elite consolidate wealth and unleash crisis after crisis in the lead-up to a planet-wide banking system, world government and a globalist authoritarian police state dictatorship to keep the rabble in line.
In Greece, this is what an IMF riot looks like. It will look similar when it finally reaches the rest of Europe and the United States, as planned.
This article was posted: Thursday, June 30, 2011 at 7:15 am