Friday, April 23, 2010

Whoa! Greeks Call for Referendum on IMF Bailout

Bloomberg reports:
Greek unions and opposition political parties slammed Prime Minister George Papandreou for seeking a bailout from the European Union and International Monetary Fund that will bring more austerity measures.

ADEDY, the Athens-based federation representing the more than 500,000 Greek civil servants who have seen wages cut this year, said the move signaled a new and “barbaric attack,” and called a protest rally for April 27. Another demonstration has been set by the opposition Syriza party for today in Athens.

“This is a premeditated crime against Greek society,” Alexis Tsipras, the head of Syriza said in an e-mailed statement. “The majority of the Greek people are being tossed helplessly in the tempest of insecurity, unemployment and poverty.” He called for a referendum on the decision to seek IMF support.
No matter how such a referendum would be worded, to the Greeks it would look like this:
"Do you want to lose your job to save German banksters?"

How do you think that vote might go?


  1. its "lose" not "loose". The question should be "do you want to borrow money and pay more taxes to pay those receving benefits, or would you like to pay the same in taxes?" because that's the real choice.