Paul Craig Roberts – EU And Banksters Threaten: “Defy Us And We Will Destroy You”
January 29, 2015 Original Here
As the West stares into
the great abyss and the world prepares for even greater economic
turmoil, today Dr. Paul Craig Roberts warned King World News that the EU
and banksters are now threatening: "Defy us and we will destroy you."
This is an ominous warning from the former U.S. Treasury official as
the world prepares to descend into total chaos.
January 29 (King World News) – We
will find out the answer to the question posed in the title in the
outcome of the contest between the new Greek government, formed by the
political party Syriza, and the ECB and the private banks, with whose
interests the EU and Washington align against Greece.
The Spartans, whose red cloaks and
military prowess struck fear into the hearts of both foreign invaders
and Greek opponents in the city-states, are no more. Athens itself is a
ruin of its historical self. The Greeks, who were once to be contended
with, who were able with 300 Spartans, supplemented with a few thousand
Corinthians, Thebans, and other warriors, to stop a one hundred thousand
man Persian army at Thermopylae, with the final outcome being the
defeat of the Persian fleet in the Battle of Salamis and the defeat of
the Persian army in the Battle of Plataea, are no more.
The Greeks of history have become a
people of legend. Not even the Romans were able to conquer Persia, but
little more than a handful of Greeks stopped the attempted Persian
conquest of Greece.
But the Greeks, despite their glorious
history, could not stop their conquest by the EU and a handful of German
and Dutch banks. If the Greece of history still existed, the EU and the
private banks would be cowering in fear, because the EU and the private
banks have ruthlessly exploited the Greek people and represent the same
threat to Greek sovereignty as Persia did.
Greece, stripped of its independence by
its EU membership and acceptance of the euro as its currency, has lost
is sovereignty. Without control over its own money, Greece cannot
finance itself. Greece must rely on private banks from other countries.
In the 21st century European private banks are not allowed to lose money
simply because they are incompetent and over-lent to EU member
countries. This is not considered to be the fault of the banks, but of
the borrower governments and populations.
Goldman Sachs Strikes Again
According to reports, the American
bankster firm, Goldman Sachs, sometimes known as Gold Sacks, hid Greek
debt from view in order that banks would extent more credit to Greece,
thus setting the Greek people up for looting.
The EU’s disingenuous argument is that
this bankster trickery benefitted the Greek people. The people enjoyed
the resources from these loans. Therefore, the Greek people must pay
back the loans through reductions in old age pensions, through
unemployment, through lower wages, and through the sale of Greek
national assets.
This is the austerity that has been imposed on ordinary Greek people by the EU and Greece’s creditors.
Greece is prostrate. Greeks are
actually committing suicide, because Greeks cannot provide for
themselves in the depressed conditions that the EU and the private banks
have created for them for no other reason than that the private banks
must not have to write down the loans.
Greek Suicide As Banksters Loot The World
So, one result from “democracy” in
Greece is suicide. With enough democracy, we can control world
population and halt the destruction of nature’s capital. All we have to
do is to enable the banksters to loot the entire world.
What can Syriza do?
Without Spartans, very little.
The party’s intentions and that of its
leaders are honest and deserve our respect. Syriza is a people’s party,
and that is what marks it for doom. The voice of the people is no longer
permitted to affect politics in the Western world. The powerful rich
interest groups that rule the West could not care less about the people
over whom they rule.
Catastrophic Clash
Tsipras stated that the new Greek
government does not intend a “catastrophic clash” with its creditors,
only an acceptable amelioration of the unreasonable conditions imposed
on Greece, in order that Greece can give some satisfaction to its
private bank creditors and also avoid social, political and economic
instability in Greece.
Against this reasonable statement,
Bloomberg reports that the new Greek cabinet contains communists who
favor closer ties with Russia. To remind the newly elected Greek
government of the whip that is held over Greek financial markets, Greek
bond and stock prices were assaulted and driven down.
"Defy Us And We Will Destroy You"
The warning from the EU and Wall Street is clear: Defy us and we will destroy you.
The punishment of the new Greek government was instant. This from Bloomberg:
“Greek stocks and bonds slumped for a
third day, after new ministers said they will cease the sale of some
state assets and increase the minimum wage. Yields on three-year bonds
rose 2.66 percentage points to 16.69 percent. The benchmark Athens
General Index decreased 9.2 percent to its lowest level since 2012, led
by a collapse in the value of banks.”
Does Tsipras understand that Greek
financial institutions will continue to be punished if they stand behind
his government? Bloomberg makes it clear: “Germany warned the
Mediterranean nation against abandoning prior agreements on aid, after
analysts said that setting Greece on a collision course with its
European peers might lead to its exit from the euro region.”
Statements of newly appointed ministers
“imply confrontation and tense negotiations in the near future,”
Vangelis Karanikas, head of research at Athens-based Euroxx Securities,
wrote in a note to clients.”
Collision Course
What is Syriza’s “collusion course”?
The new government wants to moderate the agreements made by previous
Greek governments that sold out the Greek people. The new government
wants to stop giving away at bargain prices Greek public assets to
clients of its creditors, and the new Greek government wants to raise
the Greek minimum wage so that the Greek people have enough bread and
water on which to live.
However, for the private bank
creditors, for Merkel’s Germany that stands behind the banks, for
Washington which could care less about the Greeks, for the Greek elites
who see themselves as “part of Europe,” Syriza is something to be rid
of.
Greece Attacked
And so the Greek bonds are attacked,
the Greek stocks are attacked, threats are issued that arouse fear in
that part of the Greek population that is propagandized into the belief
that Greece must be part of the euro and the EU or be bypassed by
history.
What it boils down to is that the Greek
people, like the Americans, are insouciant. Only about 37% of the
voters voted for Syriza. That is far more votes than any rival party
received, but it is not enough to show Washington, the EU and creditors
that Greeks stand behind their government.
Instead it shows that the new party had
to form a government with another party that money, perhaps, can buy
off. It shows that Syriza can be demonized in the Western media and
presented to the Greek public as a threat to Greece.
The new government is aware of its
weakness. The new prime minister says that he does not want
confrontation, but that the new government cannot continue the kowtowing
of previous Greek governments. A reasonable accommodation must be
reached.
Accommodation is unlikely to occur,
because a reasonable accommodation is not the desire of Washington, the
EU, or of Greece’s creditors.
A purpose of the “Greek financial
crisis” is to establish that EU members are not sovereign countries and
that banks that lend to these non-sovereign entities are not responsible
for any losses with regard to the loans. The population of the indebted
countries are the responsible parties. And these populations must
accept the reduction of their living standards in order to ensure that
the banks do not lose any money.
Super-Rich And Serfs
This is the “New Democracy.” It is a
resurrection of the old feudal order. A few super-rich aristocrats and
everyone else serfs obliged to support the ruling order. The looting
that began in Greece has spread into Ukraine, and who knows who is next?
With only 37% of the vote, does Syriza have the clout to stand up for Greece against the looters?
Can Greece escape from a situation comparable to the European Dark Ages
when populations were ravaged by marauding raiders? Perhaps if Greece
realigns with Russia and gains financing from BRICS. ***ALSO JUST RELEASED: As Europe Disintegrates, Is Full-Scale War Now On The Horizon CLICK HERE.
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