Greece-- #ThisIsaCoup

Germany is up to some old obnoxious tricks in what it is doing to Greece.

Good post at Hullaballoo (excerpts):

As details slipped out last night that Greece would be required to "surrender fiscal sovereignty" to avoid fiscal collapse, the twitter hashtag #ThisIsACoup exploded globally in a sign of protest and solidarity with Greece:

The draconian list of demands eurozone leaders handed to the Greek government in return for a European bailout has inspired a social media backlash against Germany and its hawkish finance minister, Wolfgang Schäuble.

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"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." - John Adams (1735-1826)

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Stripping a country of its assets to sell them to financial industry = modern colonialism.

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Greek finance minister Yanis Varoufakis plans to publish an article Thursday in Die Zeit, reports Business Insider, that gives his view of the negotiations' backstory:

"Five months of intense negotiations between Greece and the Eurogroup never had a chance of success," Varoufakis writes.

"Condemned to lead to impasse, their purpose was to pave the ground for what [German finance minister] Dr [Wolfgang] Schäuble had decided was 'optimal' well before our government was even elected: That Greece should be eased out of the Eurozone in order to discipline member-states resisting his very specific plan for re-structuring the Eurozone."

Varoufakis adds that, "This is no theory" because he says Schäuble told him this was the plan.

Varoufakis wrote in the Guardian on Friday that the Schäuble's plan all along was "to put the fear of God into the French." 

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In the Eurozone, people are pawns. Democracy is a sham. Here endeth the lesson.

French liberal economist Thomas Piketty has some choice words for Germany on this deal.