Live: Greek MP attacked after voting for austerity bill

GLASERIAN F. AN OPENING IN TEH WALLS OF TEH TYMPANIC CAVITY EXTENDING TO TEH GLENOID FOSSA AND LODGING TEH LONG PROCESS OF THE MALLEUS

The vote of today is unpopular because it is widely accepted that the situation where it leads to, is the vicious cycle of deeper recession, harder austerity and so on.

We greeks are called to carry the burden of the indecisiveness of the european officials to come up with a vital plan for the rescue of their banks. What they are actually doing is "just kicking the can down the road" and "on the shoulders of the greek people», I would add, as a convenient (so they think) scapegoat.

Greece is already tied up with an external public debt of roughly 360 bn euros. A second "bail-out" of 100bn euros , which is currently under way will increase the total debt to almost 500 bn euros, i.e. half a trillion!

With GDP declining during two consecutive years by 4,5% per year, and with the prospects of recovery being bleak for the forthcoming several years, who is that much fool to believe that the new package of austerity will have any single effect, apart of further impoverishment ?

None is going to take its money back. The sooner the banks realize it, the better. Regarding, on the other hand, the scheduled sold out of the greek assets, I reassure you that in the end the prospective buyers will be entirely discouraged by the resistance of the greek people.

The package indeed, has been approved, as the result of a week-long strong emotional pressure and blackmailing of the MPs of the ruling party. But it is highly unlikely that it will be applied...