Professor Proposes Silent Axis between France and Greece Contra Germany

By Con George-Kotzabasis May 10, 2012

It’s interesting that you don’t mention one word about your one night stand with your inamorata Tsipras, the Radical Left leader of Syriza. But it’s obvious that Hollande replaced the latter in your gyrating amours, after the politically and economically inane and embarrassing post-election statements of Tsipras. And it won’t be long before you will be disappointed with President Hollande too with his dealings with Germany and you will be looking for a still more exotic paramour.

You are mired in the past when you still consider that the European leaders continue to push the austerity programme for the southern European countries as the sole measure of getting them out of the economic crisis. In the new economic orchestration of Europe the ‘soloist’ austerity no longer jingles. All the major European leaders, Jose Barroso, Olli Rehn, Chancellor Merkel, Wolfgang Schauble, the top technocrats, Christine Lagarde, Mario Draghi, and Mario Monti, are talking now about economic recovery and growth without which austerity cannot succeed. Thus they have all taken their cue from Antonis Samaras who was the only statesman that sounded this syndrome of austerity and growth two years ago and had quarrelled with Merkel and Sarkozi, for which he had been severely criticised and disparaged by politicians and the media, such as The Economist. All of them however admitted subsequently that Samaras was right. Hence there is already a sounding axis between Greece and the whole of Europe due to the intercession of Antonis Samaras. Moreover, Samaras warned the European leaders that the policies of the first Memorandum would change the political configuration of the country, as they would both give rise to the forces of the extreme left as well as lead to the break-up of social cohesion which in turn would make the country un-governable. These warnings were tragically verified in the elections of May 6. And I pose the question, why Professor Varoufakis you lack the nobility and courage to give credit where credit is due, to Samaras?

You seem to be obsessed with your toy The Modest Proposal that would drag Europe out of its crisis, and not finding any other children to play with it, you have turned into a surly and cantankerous little boy. Since, as its sire along with Stuart Holland, you flagged it more than a year ago you have made so many ‘bastard’ revisions to it, that it has become difficult to identify the ‘true father’. But one thing is for sure, that in your vainglorious pursuit to persuade governments and bankers to adopt it, you will miserably fail. Your Modest Proposal was always a flying kite that would inevitably take its nosedive.

Radical Left Experiments its Policies Using Greeks as Guinea Pigs

The jarring interests of reason and piety [read ideology] Edward Gibbon

By Con George-Kotzabasis

The radical left party of Syriza, led by its green horn, tongue in cheek, know-all adventurist leader Alexis Tsipras, armed with the omniscient Marxist ideology and holding with devotional piety the rosary of communism in both hands, is experimenting its policies using Greeks as guinea pigs. Against all reason and hope, it persists and is determined, if after June 17 it comes to be the new government, one-sidedly to denounce and repudiate the European Memorandum without risking the country’s exit from the Eurozone. Unable to see through the nebulous clouds of their ideology, the materialist Marxists cannot see the reality as embodied in the clear expressions of all European leaders, representing to a high degree the wishes of their constituents respectively, and high technocrats, that such denunciation of the Memorandum would immediately lead to the cessation of all financial help to the stricken country and to the latter’s inevitable return to the drachma and absolute poverty with catastrophic results to the standard of living of the majority of the population. This economic and social break-down of the country would spark a social war of all against all that would crack the foundations of democracy and on whose ruins would be built a fascist state, either of the left or of the right.

Moreover, their hopefulness that the European Union is bluffing and would not dare to turn the financial tap off as such a move would lead to the mutual destruction of Greece and Europe, is a Fata Morgana in view of the fact that all these leaders and technocrats have put their credibility and reputation on the line in regard to the exit, not to mention the other obvious fact that all the Wall Streets, and banks of the world, and evaluative institutions, such as Standard and Poor’s, and Moodies are showing on their financial electronic screens the great possibility of a Greek exit and are making preparations for it. To consider, as Syriza does, that all these political, technocrat, and financial actors are engaging and participating in a grand bluff against Greece, in regard to its exit from Europe, is to be a fugitive from one’s senses; and to ventilate such an idea among the Greek populace, is a gigantic falsehood.

The economic programme of Syriza as presented by its leader Tsipras on May 31, promises a horn of plenty to Greeks with the government’s coffers empty. It promises higher wages, higher pensions, and an extension of unemployment allowances from one to two years, an expansion in the employment of public servants, and full employment in a dateless future, without however indicating where it will find the funds to implement the above measures. Nor does it compute their costs, according to an admission of a prominent economist of Syriza itself. This is unprecedented in the history of electoral campaigns, as pointed out by Antonis Samaras, the leader of New Democracy, when a political party presents its economic policies to the electorate and admitting at the same time that they have not been costed.

This is a populist bag of gifts that only a Santa Claus could deliver to longing and credulous children. Syriza claims falsely that the expenses of these outlays for the above measures will be covered by taxing enterprises, ship-owners, and people on higher incomes, without however specifying the height of these incomes, and by imposing a levy on seven-hundred-thousand households with a net of 2,000 euros. In the present dire recession that the country is in and where enterprises can hardly show even modicum profits in their balance sheets, and where people with higher incomes have been inflicted by a cut of 50% in their salaries(Professor Yanis Varoufakis who teaches economics at Athens University and whose salary was cut by 50%, fled Greece and went to the United States), the claim of Syriza that it will have the funds from these sources to implement its promises, is a swindle of gargantuan magnitude of the Greek people. Moreover, this impossibility of funding its measures from these sources leads to the suspicion, as again pointed out by Samaras, that Syriza has a hidden agenda to impose taxes on ordinary people’s bank deposits and on private property.

Furthermore, Syriza pledges to reverse all previous commitments to privatization and go back to state ownership of all companies that were going to be privatized, and hence continue the increase of bureaucratization, thus bringing back to life all the deadly worms that in the past gnawed and eroded the economic foundations of the country that brought it to its present calamitous state. Also in its foreign policy it commits itself to exit from NATO and seek a new alliance in South America, with such countries like Venezuela and Nicaragua, which, with mathematical precision would lead to the ‘Cubanization’ of Greece as well as leave the country geopolitically defenceless. But this is not surprising since many of Syriza’s higher echelons are strong votaries of Fidel Castro, Che Guevara, and Hugo Chavez; birds of a feather flock together.

Syriza’s economic and political manifesto is a draft of dangerous irresponsibility and naivety, doctrinal dogmatism and blindness, and swashbuckling political adventurism at its best. With its policies, the fate of Greece’s future generations will be played on the green tables of a casino with Alexis Tsipras playing high stakes poker–which, according to a latest interview he gave on American television, he loves–with other people’s money, and all he has to lose is Greece’s future.