Thursday, March 11, 2010
Greece hit by strikes, riots over austerity plan
Serious violence is erupting in the streets of Athens as people protest forced austerity measures being imposed upon them. The very fabric of society is unraveling and it is getting uglier by the day.
For what reason?
For some arbitrary deficit target that is being imposed by bureaucrats in Brussels? Is this sufficient cause to destroy a society?
See how irrational this is? The leaders of Greece are forcing terrible conditions on the citizens of their own country because of something that is totally arbitrary. As a result there is violence, the loss of jobs and people going without the means to support themselves.
This is nothing short of tyranny, but it's a self-imposed tyranny. Greece can escape from its troubles in a heartbeat, by simply exiting the euro and becoming a currency issuer once again. Yet ego, shame and all other kinds of negative and irrational emotions and self-imposed limitations will not allow this to happen. Instead, Greece has chosen a path that will devolve into total chaos and anarchy.
The United States faces similar turmoil, not because the U.S. is no longer a currency issuer, it is, but because it is embracing policies based upon ignorance and limitation. By forcing ourselves to adhere to some arbitrary and meaningless standard about deficits we allow millions of people to remain unemployed, perhaps without food or with the loss of their homes and places of residence. It's a form of tyranny.
Chaos of the order seen in Greece may not happen in the U.S. because there are so many layers of police and law enforcement in this country. However, a police state could be imposed if things get bad enough and it is certainly heading in that direction. You simply can't have millions and millions of people unemployed and not expect them to rise up in protest at some point. Especially when speculative finance capitalists have free rein to loot the nation's assets and wealth.