We should give austerity a new name: Call it the Reverse Robin Hood Doctrine.
Austerity is the regime imposed on the world’s debt-ridden poor nations to qualify them for loans to pay the corporations and banksters of the world’s richest nations.
To make those payments, the debt-plagued countries are forced to slash programs designed to help the nation’s afflicted, poor, sick, and otherwise afflicted.
The latest crisis, the Great Recession, brought Greece to its knees, and the government sought loans from the Troika, the International Monetary Fund, the European Central Bank, and the European Commission.
Needless to say, austerity was imposed, forcing drastic cuts in the national healthcare system, the selloff of public assets [including power companies, transit systems, ports, and much more], as well as drastic cuts in public pensions and paychecks, as well as reduced social benefits payments imposed on those who could least afford the loss.
The austerity regime prompted voter to elect a government which promised them an end to austerity, but Prime Minister Alexis Tsipras has knuckled under, and new rounds of deprivation are underway.
Some of those most deeply impacted are now expressing their outrage.
Disabled people and patients with chronic illnesses from around Greece protested in central Athens Friday against austerity measures as the government races to clinch a new deal with bailout lenders.
Protesters in wheelchairs carried black balloons while deaf demonstrators wore white gloves as they used sign language to join chants of anti-government slogans.
Disabled groups are seeking exemptions from budget austerity measures imposed under the country’s international bailout agreements.
Unemployment among people with disabilities was more than double the national jobless rate of 23 percent with poverty levels also sharply higher, according to Yannis Vardakastanis, head of the National Confederation of Disabled People of Greece.
“We want to live in dignity,” Vardakastanis, who is blind, told the AP. “It’s the obligation of the government and European institutions to stop us from being further isolated, impoverished and discriminated against.”
Greece is currently finalizing a new package of economic measures that would make home foreclosures and business firings easier. The measures are required in exchange for new bailout loan payouts and talks on debt relief measures.
Shame on the Troika, and shame on Tsipras.