Wednesday, July 22, 2015

Varoufakis: Europe’s Vindictive Privatization Plan for Greece

(Image Link)

Can Syriza untangle this Gordian Knot?
If not Syriza then who?



From Project Syndicate
Varoufakis:  Europe’s Vindictive Privatization Plan for Greece
(For the Project Syndicate site click here. ) Or…
"ATHENS – On July 12, the summit of eurozone leaders dictated its terms of surrender to Greek Prime Minister Alexis Tsipras, who, terrified by the alternatives, accepted all of them. One of those terms concerned the disposition of Greece’s remaining public assets."
"Eurozone leaders demanded that Greek public assets be transferred to a Treuhand-like fund – a fire-sale vehicle similar to the one used after the fall of the Berlin Wall to privatize quickly, at great financial loss, and with devastating effects on employment all of the vanishing East German state’s public property."
"This Greek Treuhand would be based in – wait for it – Luxembourg, and would be run by an outfit overseen by Germany’s finance minister, Wolfgang Schäuble, the author of the scheme. It would complete the fire sales within three years. But, whereas the work of the original Treuhand was accompanied by massive West German investment in infrastructure and large-scale social transfers to the East German population, the people of Greece would receive no corresponding benefit of any sort......"  (edit)  (Yanis Varoufakis)
For more please see http://tiny.cc/uhey0x


Alexander and the Gordion Knot
"In the first months of 333, Alexander united his armies in Gordium. Here, a strange incident took place. Asia. The Greek author Plutarch of Chaeronea, describes it in section 17 of his Life of Alexander. The translation was made by Mr. Evelyn and belongs to the Dryden series."

"Then he subdued the Pisidians who made head against him, and conquered the Phrygians, at whose chief city, Gordium, which is said to be the seat of the ancient king Midas, he saw the famous chariot fastened with cords made of the rind of the cornel-tree, which whosoever should untie, the inhabitants had a tradition, that for him was reserved the empire of the world."

"Most authors tell the story that Alexander finding himself unable to untie the knot, the ends of which were secretly twisted round and folded up within it, cut it asunder with his sword....(edit)..."

For more please see: