The Ugly Truth Behind The Greek Bailout

Christine Lagarde, the Queen of Troika and the Head Honcho of the IMF, on May 6th, threatened to pull the IMF out of the Greek rescue plan, with a straight face, calling it a “rescue plan.” Oh, please!

Yet, it is extremely doubtful the IMF would ever entirely pull out since the plan really bails out its own constituency of banks at an unfathomable expense to the Greek people.

Meantime in Greece, transportation and civic services throughout the country grind to a screeching halt, full stop, as the people hit the streets.

Queen Christine’s backroom stratagem, described in a Wikileaks’ leaked confidential letter exclusive to Troika members, preceded the three-day nationwide strike in very strong protest against more and more, infinitely more, austerity measures burying the Greek people as quid pro quo for bailout money, which almost exclusively (95%) serves to service creditors. This is insanity of the highest order. How can Greeks at all accede to a measly 5%?

Anyway, the Troika bailout ruse is finally hitting the proverbial “ you can’t squeeze blood out of a turnip” stage, which is when citizens go berserk, ballistic, fighting mad, screaming, kicking and scratching, all kinds of turmoil and hubbub, maybe carnage. Who knows?

The ugly sequence of events started on May 6th when Greece’s shipping, public transport, and civil service departments included the days Friday and Saturday to their planned nationwide strike for Sunday, May 8th, the day when…

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