America – Are You Ready For Greece Style Austerity Measures?

  Posted by - May 13, 2010 at 5:39 pm - Permalink - Source via Alexander Higgins Blog
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Americans have a long history and take pride in standing up for peoples subjected unjust oppression and abusive, tyrannical governments.

It’s disheartening to see nations half a world a way in lethal protests that result in the death of their fellow country men.

Perhaps even worse is the widespread mistrusts and falsehood that are being spread about the culture of Greece.

Take for example the claim claim that “austerity (as understood in Greece — no more annual bonuses of two months’ salary, no more retirement at 53).”

This couldn’t be further from the truth, yet the message is pushed through the echo chamber of the blog-o-sphere.

The propaganda is being spread to manipulate the masses into accepting the injustices that people of Greece and all of Europe are being subjected.

The USA is next and we are at a crossroads.  We can dare not to step outside of our bubbles and chose to kick the can down the road and face the problem when we to are in a situation as dire as Greece.

Or we can choose to deal with problem now and put out the fire before it burns down our own glass house.

To do that we simply not believe the propaganda, do our own research and spread awareness about what is really happening in Greece.

And yes, glass houses do burn, just watch and see. No rocks will be thrown and soon people will realize that the emperor is not wearing any clothes.

So what is the truth?

The citizens of Greece, and now Ireland, and soon to follow, Spain, Portugal and the UK are protesting and rioting because they are being subjected to gross oppression.

The events unfolding in Europe are nothing more than a manufactured crisis.

Their governments using the crisis as an excuse to impose a disgusting form of taxation not seen since the 1930′s during the Great Depression Era.

Underneath the guise are out of control fiscally irresponsible governments imposing a highly unjust system of taxation in the name of crisis.

The crisis is nothing more than a tool allow these out of control governments governments  create an oppressive system of taxation without politicians taking heat for it.

How the Greece Financial Crisis will end up knocking on your door

“So some people say that to avoid a Greek-style crisis, America should adopt a value-added tax.”

The VAT (Value added tax) – That’s what this whole thing is about.

It has to do with much more including an increase of the VAT from 21% to 23% along with other Great Depression style economic policies..

Putting the austerity measures in an American perspective

Imagine that America, a 23% Flat tax on just about everything you buy.

There within lies the problem and the heart of the protests.

Ireland has started protesting as well.

The UK and Spain have just announced their Austerity measures so don’t be surprised to see riots and protests break out there as well.

The bottom line is that taxpayers should not be fear mongered by these manufactured crisis to fund fiscally irresponsible governments that get us into these messes in the first place.

A VAT for Americans. It is coming. As the article points out our deficit is way beyond what we can pay.

I have a better idea. Stop spending billions of dollars every day to kill Innocent people in countries half a world a way in the name of national security.

Do your research. Defense spending is the biggest contributor of debt in these nations.

The government needs to just stop spending OUR money.

Don’t believe this senseless propaganda being pushed out that Greeks are just lazy and don’t want to work.

Some more unfair measures include a new lower unemployment rate, changing the rules for private sector severance pay. Please explain what private sector severance pay has to do with the Government paying back its debt?

Contrary to claims being floated around the internet that the retirement age is 40, it is currently 65 for men and 60 for women in Greece. Like many jobs in the US your are eligible for a pension after 20 years.

But the new Greek austerity measures call for the retirement age to be pegged against the average life expectancy.

When it comes to America it will be equivalent to the US government saying you can’t retire, collect your 401k, your pension or your social security until you turn 78 years old and even older than that if you a female.

These measures are a return to measures in place during the Great depression and are truly oppressive considering that these sacrifices need to be made to finance out of control Government spending a trillion.

They are being put in place all across Europe.

Once enacted in Europe they will be looking to put the same same measures in place in the US to make sure big brother can back it’s debt at the cost of food off of our tables..

Here are the facts of the Greek Austerity Measures:

PUBLIC SECTOR SPENDING CUTS

- Public sector pay freeze extended until 2014.

- Christmas, Easter and summer holiday bonuses in the public sector, also known as 13th and 14th salaries, are abolished for those earning above 3,000 euros a month and will be capped at 1,000 euros for those earning less. These bonus salaries had already been cut by 30 percent under a previous set of austerity measures announced in March.

- Public sector allowances to be cut by an additional 8 percent. These allowances, which account for a significant part of civil servants’ overall income, were already cut by 12 percent under the latest round of austerity measures announced in March.

ADDITIONAL TAX MEASURES

- The main VAT rate is increased by 2 percentage points to 23 percent. It had already been raised to 21 percent from 19 percent in March.

- Excise taxes on fuel, cigarettes and alcohol are increased by a further 10 percent.

- The government expects to generate additional revenues through another one-off tax on highly profitable companies, as well as new gambling and gaming licenses, more property taxes and green taxes.

PRIVATE SECTOR

- The government said it will revise laws which currently bar companies from firing more than 2 percent of their total work force each month. Other changes will be made regarding severance payments. A new (lower) minimum wage will be introduced, applying to the young and the long-term unemployed.

STRUCTURAL REFORMS

- Liberalization in the energy, transport markets and opening up of closed professions.

PENSIONS

- The retirement age, currently 65 years for men and 60 years for women, will be linked to average life expectancy.

- Minimum contribution period to qualify for full pension will be gradually increased to 40 years from 37 years by 2015.

- Early retirement will be curtailed, with a view to banning any retirement below 60.

- Pensions will be cut, to reflect a pensioner’s average pay over the entire working life rather than his or her final salary level.

Don’t kid yourself. There is no real crisis going on here.

This is a manufactured guise. It’s purpose is to allow the government to coerce us into making these extreme sacrifices without the forces behind the scenes taking the heat for forcing what can only be described as indentured servitude.

Here is pretty good visualization of what Greek Austerity measures would like like in America.

LINK:  Nightmare! What Spain’s Brutal Austerity Budget Would Look Like In the USA

And if you think this is just an oddball consipiracy then read this.

LINK: US faces same problems as Greece, says Bank of England

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Update

Did I call this or what?

But honestly, I thought the war drum for the VAT would becoming from the left… NOT THE RIGHT.

Well Guess … Glen Beck and O’Reilly support a VAT

Here’s a freebie for all of those who believe in the NWO New World Order conspiracy, Which I do not.

I am simply adding it here, because if you read this law suit and blend into the context of this post… You’ll say. See there it is NWO in action via VAT tax.

Interestingly enough, this lawsuit did not come from a conspiracy theory site. It came off a hedge fund site, that I monitor for news about the European economic situation.

Allran v NY Fed Reserve

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