Tuesday, June 21, 2011

G Day = Greece and the Truth

BBC News: Reports that the reshuffled Greek Government will face a vote of confidence today in the Greek Parliament, that is the first step to get a package of 10 billion pounds from the EU/IMF, the second step is that the Parliament must agree to further austerity on the 28th of June. Well folks its high noon, will the Greek Parliament do the right thing for Greece and reject the Government and default on its debt of three hundred and forty billion Euros or will it sell Greece down the river to protect the banks of Germany and France. Lets make it simple, either the Greek MPs are for the people or they are for the EU. A default would allow Greece to restart its economy, it would get loans from the EU/IMF as it could not borrow form the money markets. The intended Greek loans could be used to secure French and German banks, also secure Ireland and Portugal in the Euro. It crunch time folks, will Greece face reality or will the Greek politicians destroy Greece.

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