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We Are All Greeks Now

Chris Hedges truthdig
The Greeks and the U.S. working poor endure the same deprivations because they are being assaulted by the same system—corporate capitalism. There are no internal constraints on corporate capitalism.And the few external constraints that existed have been removed.

Poster of the Week: When Greece Bailed-Out Germany

Center for the Study of Political Graphics
The LA-based Center for the Study of Political Graphics highlights weekly topical political graphic art as well as serves as an important archive of political graphics and organizer of traveling exhibits. "Reclaiming the Power of Art to Educate and Inspire People to Action."

Greece’s Economy Is a Lesson for Republicans in the U.S.

Paul Krugman New York Times
If you really worry that the U.S. might turn into Greece, you should focus your concern on America’s right. Because if the right gets its way on economic policy — slashing spending while blocking any offsetting monetary easing — it will, in effect, bring the policies behind the Greek disaster to America.

What Was Good for Germany in 1953 is Good for Greece in 2015

Larry Elliott Economic editor The Guardian (UK)
Economic assistance under the Marshall plan was important to both countries, but it was the granting of debt relief that made a difference to the Germans. After World War II, Germany not only received direct transfers of money - aid through the Marshall plan. Far more important than the $1.4bn was the granting of debt relief at the London conference of 1953.

Why We Voted No: Young Greeks on the Referendum

Carmen Fishwick The Guardian
Greece’s young voters rejected the bailout package drawn up by creditors by around 2 to 1. Analysts had predicted that the ballot could be swung by the youth vote, with some polls suggesting that 80 per cent of young Greeks would vote against the plan.

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What is really at stake in the Greek crisis

IUF Editorial IUF Bulletin
The social savagery called austerity could never produce the result it was ostensibly intended to deliver because the negotiations were never about economics, but about regime change. So stated the International Union of Food and Allied Workers in a statement issued prior to the successful "no ' vote on Sunday. IUF called for increased union solidarity for Syriza and the Greek people.

Greece Says NO to Permanent Austerity

Yanis Varoufakis, Paul Krugman, Paul Taylor/Andreas Rinke Yanis Varoufakis, New York Times, Huffington Post
Greek voters refuse to bow to impossible demands from creditors. More than 60% of Greek voters say NO. Alexis Tsipras: "The Greek people made a historic and brave choice. Their response will alter the existing dialogue in Europe."

Why We Recommend a NO in the Referendum - In 6 Short Bullet Points

Yanis Varoufakis; Joseph Stiglitz Yanis Varoufakis
The future demands a proud Greece within the Eurozone and at the heart of Europe. This future demands that Greeks say a big NO on Sunday, that we stay in the Euro Area, and that, with the power vested upon us by that NO, we renegotiate Greece's public debt as well as the distribution of burdens between the haves and the have nots.
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