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Greece Passes Austerity Package

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posted on May, 6 2010 @ 11:30 PM
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Greece Passes Austerity Package


online.wsj.com

ATHENS—Greece's parliament passed a package of austerity measures on Thursday, a key condition of its €110 billion ($145 billion) financial rescue, as thousands of protesters demonstrated outside the chamber, some hurling firebombs and clashing with police.

The vote came the day after three people were killed in violent protests against the measures, saddening a nation already struggling with economic hardship.

The White House said President Barack Obama was briefed on the situation in Europe and on the markets Thursday afternoon by Treasury Secretary Timothy Geithner and economic a
(visit the link for the full news article)




posted on May, 6 2010 @ 11:30 PM
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Demonstrators and riot police clash in front of the Greek Parliament in Athens on Thursday, after the government passed deep fiscal cuts.



Greece's Prime Minister George Papandreou delivered a speech during a parliament session in Athens on Thursday.

You know what, the Greek political elite want the people to pay for the financial destruction and subsequent control over the economy while the globalist banks like Goldman Sucks, JP Morgan Stanley, Citigroup, ECB and IMF move in and take the lion's share while the political elite lap up the remainder for helping to sell out their country.

online.wsj.com
(visit the link for the full news article)



posted on May, 6 2010 @ 11:43 PM
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Expect this to spread as markets panic further!!!



posted on May, 6 2010 @ 11:49 PM
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Soros, Goldman Sachs and hedgefunds are to blame.

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and my country has to pay up 4.8 billion in 3 years time now, a loan that will never be re-payed.

Screw this European Union and all those of the Club of Filthy Rich!




posted on May, 7 2010 @ 09:16 PM
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Originally posted by Grey Magic
Soros, Goldman Sachs and hedgefunds are to blame.

links

and my country has to pay up 4.8 billion in 3 years time now, a loan that will never be re-payed.

Screw this European Union and all those of the Club of Filthy Rich!



That's their MO of financial enslavement nation after nation.

They cause the accumulation of debt to catastrophically unrepayable amounts so that the economy can be bankrupted, tossed in the toilet and offer a bailout.

Trust me, it's all by design.



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