Category: Aggregated

Greece has elected the first anti-bankers-bailout government in Europe since the European oligarchy launched its nightmare policy of bailing out the banks no matter how many people had to die for it to happen. The question now on everyone’s mind is whether Spain, Portugal, or even Italy and Ireland will be far behind. The real issue is that the battle lines have to be drawn: Either the ideas of Solon and Alexander Hamilton triumph, or Europe sinks with the British Empire.

The official election returns from the Interior Ministry in Greece, as of midnight East European Time (23:00 CET; 17:00 EST), show a stunning victory for Syriza and its left-wing anti-austerity policy, with 36.12% of the vote, giving the party 149 of the Greek Parliament’s 300 seats (the winner of the election receives 50 extra seats). The Independent Greeks won 4.69% which will give them 13 seats. The next government of Greece will most likely be led by Syriza in a coalition with the Independent Greeks.

In a statement following the release of exit polls showing they would win, Syriza leader Alexis Tsipras declared it

In a statement given after he voted, Panos Kammenos, leader of the Independent Greeks declared that today

and defend the nation.

LaRouchePAC interviews Panos Kammenos, December 2013

Reuters quoted one Antonis Balousis, a 54-year-old butcher, who said:
“This is a very important victory for Greece and Europe. We are going to prove that a different kind of politics is possible in Europe.”

The former ruling New Democracy came in second place with 28.08% giving it 77 seats. The fascist Golden Dawn came in third with 17 seats, one less than in the last elections. The fourth party was To Potami, a new countergang party formed to draw votes away from Syriza, with 16 seats. The Communist KKE came next, increasing its number of seats from 12 to 15. Pasok came next, with less than half the votes they had in the last elections and now have 13 seats. No other parties got past the 3% threshold.

Political leaders throughout Europe quickly moved to show their support for Syriza’s victory. Katja Kipping, leader of Germany’s Die Linke party, hailed Syriza’s victory as the “beginning of Europe’s spring.”

In Spain the leader of the anti-austerity Podemos, Pablo Iglesias, told a rally of supporters yesterday:
“Hope is coming, fear is fleeing. Syriza, Podemos, we will win.” Podemos has been leading in opinion polls and could very well win in Spain’s municipal and regional elections in May, and general elections in December.

In Ireland, Sinn Féin spokesman Pearse Doherty congratulated Tsipras and gave support for Syriza’s call for a European debt conference, saying

Doherty then blasted Prime Minister Enda Kenny:

Put more trust in nobility of character than in an oath.Solon of Athens

The results of Sunday’s Greek elections, in which Syriza won a near-landslide victory and will form a new government with Independent Greeks and other parties, was a stunning and powerful repudiation of the murderous austerity policies imposed on Greece by the Troika.

Upon being informed of the Greek vote, Lyndon LaRouche called it a “profound victory that can secure a shift in the entire European and trans-Atlantic situation.”  LaRouche noted that the outpouring of the Greek people to repudiate the Troika’s austerity regime was one of several recent developments that can rapidly bring down the failed euro system altogether.  He cited the recent decision by the Swiss National Bank to decouple the Swiss franc from the euro, which triggered significant derivatives losses by major Wall Street and City of London banks.

LaRouche noted that the Greek vote will have a

As of midnight Sunday, the final results of the Greek vote showed that Syriza received 36.12 percent of the vote, giving it 149 seats out of 300.  The Independent Greeks received 4.69 percent of the vote, giving them 13 seats. The two parties are expected to form a coalition government with a 162 seat majority.

All of the European finance ministers will be meeting today to decide what to do in the face of the dramatic Greek election results, which further discredit European Central Bank head Mario Draghi’s Thursday announcement of a one trillion euro quantitative easing hyper-inflationary bailout of the bankrupt European banks.  Greece’s action could very well be the catalyst of a stampede for the door, with Greece, Portugal, Spain, Ireland, and even Italy leaving the euro system to return to sovereign currency and anti-austerity policies.

The implications for Wall Street are equally dramatic.  The hopelessly bankrupt Wall Street banks are reeling from massive derivatives losses, triggered by the Swiss National Bank’s sudden ending of the peg to the euro.  Those same banks, along with their City of London counterparts, are holding more than $600 billion in junk bond loans to the shale oil and gas sector, and those debts are about to blow out.  This could very well be the trigger for the disintegration of the entire trans-Atlantic financial system at any moment.

LaRouche has emphasized for the past months that the blowout of Wall Street and London is the single most important factor driving the world to a potential thermonuclear war showdown. Increasingly, more and more sane voices are joining LaRouche in warning of the growing danger of thermonuclear Armageddon.  Over the weekend, leading nuclear disarmament expert Theodore Postol warned about the imminent danger of thermonuclear extinction, and former Senators Sam Nunn and Richard Lugar added their voices to those calling for emergency action to de-escalate the global showdown.

In discussion with colleagues on Sunday, Lyndon LaRouche focused on the urgent measures to be taken to put the Wall Street and London banks through orderly bankruptcy reorganization, starting with the cancellation of all the gambling debts.  He then elaborated on the kinds of Hamiltonian measures that must be immediately implemented to put people back to work in meaningful jobs.

LaRouche explained: