The News In Shorts

How the news would look if everyone stopped waffling and told the truth.

Monday 28 May 2012

Lagarde Parades Double Standards.

Nothing could demonstrate the double standards practised by world leaders under the influence of the neoliberal economic thesis than Christine Lagarde's outburst against the Greeks. Writing on her Facebook account she said that she had more sympathy for Africans than for Greeks who should pay their taxes and shut up. It is "payback time" for Greece she said gleefully, suggesting that the austerity measures imposed on the country are some sort of punishment. Like most ordinary working people in the world ordinary working Greeks have no choice about paying tax. Choosing not to pay tax is solely the preserve of the rich who benefit from tax systems that deliberately allow loopholes that can be exploited by anyone rich enough to retain the services of a battery of accountants. Dodging tax when you are an ordinary person is a dangerous course that can and does end in a prison sentence. Dodging tax when you are rich is a lucrative income stream that is often rewarded with medals, honours and increased influence. Lagarde has now revealed the utter arrogance of the new super-class that has sprung into existence across the globe. Utterly selfish, greedy, irresponsible and without any sympathy for those not rich enough to share the rarified atmosphere of their world, these are the people who see it as their divine right to order the lives of the rest of us. If austerity is called for then, perhaps, it should start with those who have too much rather than those who have too little. There is, however, no sign that this is happening. Fatcats started this crisis and it is the fatcats that are ordering events to make sure they get fatter at our expense. The Greeks should take note of this outburst and walk away from the "deal" they are being offered. They should do what Iceland has done - tell the banks to shove it, arrest their political leaders and bankers who led them into this mess, get out of the Euro and tell the Germans to clear up the mess that they so eagerly promoted when it suited them.

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