Skip to main content

Democracy officially terminated by the European Financial Dictatorship in Portugal!

Further signs of panic in another coup after Greece

globinfo freexchange

The European Financial Dictatorship showed further signs of panic in Portugal this time. After the significant loss of power of the neoliberal Right in recent national elections, a constitutional coup took place in order to prevent the anti-austerity forces of the Left to form a government.

From Telegraph:

Constitutional crisis looms after anti-austerity Left is denied parliamentary prerogative to form a majority government.

Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.

Anibal Cavaco Silva, Portugal’s constitutional president, has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate to smash the austerity regime bequeathed by the EU-IMF Troika.

He deemed it too risky to let the Left Bloc or the Communists come close to power, insisting that conservatives should soldier on as a minority in order to satisfy Brussels and appease foreign financial markets.

Democracy must take second place to the higher imperative of euro rules and membership.


It is worth to remember the coup against Greece, directly by the European Financial Dictatorship mechanisms, as described clearly by the former Speaker of the Greek Parliament, Zoe Konstantopoulou in her speech at the United Nations at the Fourth World Conference of Speakers of Parliament:

On June 25th, a 48 hour ultimatum was addressed to the Greek government asking it to accept, contrary to popular mandate, a series of measures dismantling labour law, abolishing social security guarantees and legal protection for over-indebted citizens, while at the same time requiring the sell-out of the most precious public assets and public enterprises, but also major ports, airports and public infrastructure.

All to be sold or given away to repay an unsustainable and odious debt. The Hellenic Parliament, accepted the Government’s proposal to hold a referendum on the ultimatum, and the Greek people, through a large majority of 62%, rejected the measures.

During the referendum week, international and foreign government officials tried to influence the referendum outcome through statements terrorizing the people.

The referendum was held with the banks closed and capital controls imposed as a result for the ECB’s refusal to provide liquidity after the proclamation of the referendum.

And yet, democracy prevailed. The people pronounced themselves clearly and said a 62% NO to those homicidal measures.

What followed is a nightmare for every democratic conscience and a disgrace.

The creditors refused to consider the referendum outcome. They insisted, under the threat of provoking a bank-failure and a humanitarian disaster, that measures harsher than those rejected be adopted.


The Brussels-Berlin axis finally marked a Pyrrhic victory against Tsipras, while managed to get rid of SYRIZA's dangerous radicals. In case of Portugal, the local pro-euro puppets didn't hesitate to abolish constitutional order, obviously because they didn't want to risk a Leftist coalition which might resist against catastrophic policies. Therefore, democracy is officially terminated by the European Financial Dictatorship.

This is another sign of a downgraded Europe, which is unable to retain its principles and Democratic values. Its inability to find a viable solution to the refugee problem, make things worse. This is the image of an increasingly repulsive Europe for its citizens.

These are signs of a dictatorship which tries hardly to keep its power. The next big battle will be the Spanish elections. What will happen in case that the euro-puppets dare to proceed in another coup if the traditional neoliberal powers lose much of their strength?

Meanwhile, the Icelanders are giving lessons to the bankster-dominated European Financial Dictatorship called eurozone, and the bankster-dominated empire called United States:

In two separate Icelandic Supreme Court and Reykjavik District Court rulings, five top bankers from Landsbankinn and Kaupping — the two largest banks in the country — were found guilty of market manipulation, embezzlement, and breach of fiduciary duties. Most of those convicted have been sentenced to prison for two to five years. The maximum penalty for financial crimes in Iceland is six years, although their Supreme Court is currently hearing arguments to consider expanding sentences beyond the six year maximum.” (fa.ev/things-never-happen-in-efd-us)

Note that Iceland is not part of the eurozone, not even part of the European Union.

Comments

Popular posts from this blog

The wounded US imperialist beast becomes more dangerous than ever as desperately seeks to start a WWIII

globinfo freexchange   It seems that the declining Western superpower is losing ground and tries hardly to avoid the inevitable.    The US imperialist beast, despite all the destruction that causes, is failing to fulfill its utter objectives. Which in short, are the dissolution of Russia and China, looting their vast resources, as well as the full expansion of the destructive neoliberal model throughout these areas and other countries allied with the Sino-Russian bloc.   Most importantly, the wounded beast is loosing much of its strength due to the rapid de-dollarization that has started approximately ten years ago, as dollar had become the front line of the US imperialist sweeping force since the early 70s.   As if nothing has changed, the beast insists on using the same tools to prevail in the global geopolitical field, ignoring the unprecedented changes and complexities under current circumstances.    In a move (as it seems) of desperation, the United States House of Representative

Atlanta Police Violently Arrest Emory Students & Faculty to Clear Gaza Solidarity Encampment

Democracy Now!   As a wave of student protests against Israel’s war on Gaza continues to spread from coast to coast, schools and law enforcement have responded with increasing brutality to campus encampments.    One of the most violent police crackdowns took place at Emory University in Atlanta on Thursday, when local and state police swept onto the campus just hours after students had set up tents on the quad in protest against Israel’s war on Gaza as well as the planned police training center known as Cop City.    Police used tear gas and stun guns to break up the encampment as they wrestled people to the ground, and are accused of using rubber bullets. Among those arrested were a few faculty members.    Democracy Now! spoke with two of the arrested professors: Noëlle McAfee, chair of the philosophy department, and Emil’ Keme, professor of English and Indigenous studies. Also with Palestinian American organizer and medical student Umaymah Mohammad, who describes how Emory has repeat

Indiana University Brings In SNIPERS & Then LIES About It

Katie Halper   Katie Halper talks to Aidan Khamis and Bryce Greene, who was arrested at Indiana University where snipers have been brought in. Bryce Greene is a student, writer, organizer and media critic based in Indianapolis. He is a contributor to Fairness and Accuracy In Reporting. He was arrested and banned from Indiana University's campus for participating in the Gaza solidarity encampment at Indiana University. Aidan Khamis is an organizer for Palestine Solidarity Committee IU and IU divestment coalition.  

"Student Intifada": Stanford, University of Michigan, Indiana University, & more

The Real News Network   Seven months into Israel’s genocidal war on Gaza, a student-led grassroots movement is spreading across the US and beyond, hearkening back to the student protests of the ‘60s that played a pivotal role in ending the US war in Vietnam.    In what is being called the “student intifada,” with over 100 encampments going up at different college and university campuses, students, faculty, grad students, and other campus community members are exercising civil disobedience, occupying space on campuses, defying brutal repression from administrators and police, combatting skewed and wildly lopsided narratives in corporate media, and pressuring their universities to “disclose and divest” their investments in companies and financial institutions connected to Israel.    TRNN speaks with encampment organizers/participants from the University of Michigan, the Indiana University, and Stanford University, and gets updates from encampments from New York to California. 

Yanis Varoufakis Banned from Germany as Berlin Police Raid & Shut Down Palestinian Conference

Democracy Now!   As Germany intensifies its crackdown on pro-Palestinian voices, Democracy Now! spoke with Greek economist and politician Yanis Varoufakis, one of the planned speakers at a conference in Berlin last weekend that was forcibly shut down by police. The Palestine Congress was scheduled to be held for three days, but police stormed the venue as the first panelist spoke.    Germany's Interior Ministry had also banned some conference speakers from even entering the country, including Varoufakis, the Palestinian British surgeon Ghassan Abu-Sittah and the Palestinian researcher Salman Abu Sitta.    " This is not about protecting Jewish lives and Jews from antisemitism. It's all about protecting the right of Israel to commit any war crime of its choice, " says Varoufakis.    Varoufakis speaks also about freeing Julian Assange and his new book Technofeudalism .      Related: Germany again on a dark path towards fascism

Pro-Palestinian Campus Encampments Spread Nationwide Amid Mass Arrests at Columbia, NYU & Yale

Democracy Now!   Palestinian solidarity protests and encampments are appearing on college campuses from Massachusetts to California to protest Israel's attacks on Gaza and to call for divestment from Israeli apartheid. This week, police have raided encampments and arrested students at Yale and New York University.    Palestinian American scholar and New York University professor Helga Tawil-Souri describes forming a faculty buffer to protect students, negotiating with police, and the ensuing crackdown that led to over 100 arrests Monday night.    Uptown in New York City, the encampment at Columbia University is entering its seventh day despite mass arrests of protesters last week. "In my opinion, the NYPD were called in under false pretenses by the president of the university," says Joseph Slaughter, professor at Columbia University. "The university is being run as a sort of ad-hocracy at this point, the senior administration making up policies and procedures and pro

'Make no mistake, the full-scale assault on Rafah would be a human catastrophe': Guterres

Al Jazeera English   United Nations Secretary-General Antonio Guterres has appealed for an end to the bloodshed in Gaza. He says the Middle East is at risk of explosion if the fighting continues. In his speech, Guterres urged Israel’s allies to press its leadership to stop the war on Gaza.  “ I appeal to all those with influence over Israel to do everything in their power to help avert even more tragedy. The international community has a shared responsibility to promote a humanitarian ceasefire, the unconditional release of all hostages, and a massive surge in life-saving aid, ” he said. “ It is time for the parties to seize the opportunity and secure a deal for the sake of their own people. ”

Biden PANICS Over Israel's Genocide

Owen Jones   Biden's latest move tells us one thing: they're panicking. 

Day 1846: Julian Assange still in prison and under slow-motion execution by the Anglo-American imperialist criminals

failed evolution   On 11 April 2019, the Ecuadorian government of traitor Lenin Moreno, invited the Metropolitan Police into the Ecuadorian embassy in London, and they arrested Julian Assange . Since then, Assange is kept in Belmarsh high security prison in London, without actual charges.   The real reason world's number one political prisoner is still kept in this high security prison, is because he exposed horrendous war crimes carried out by the US imperialists and their allies.   The ruthless Western imperialist regime wants to punish the No1 real journalist in the world and make him an example for any Whistleblower or real journalist who will attempt to expose its big crimes in the future.   And the Anglo-American axis has now become officially a fascist coalition , framed by the rest of its Western pets. UK's Home Secretary Priti Patel, one of the most ruthless ever, decided to extradite Julian Assange to US. No surprise of course. The only question we had in mind is

Day 1859: Julian Assange still in prison and under slow-motion execution by the Anglo-American imperialist criminals

failed evolution   On 11 April 2019, the Ecuadorian government of traitor Lenin Moreno, invited the Metropolitan Police into the Ecuadorian embassy in London, and they arrested Julian Assange . Since then, Assange is kept in Belmarsh high security prison in London, without actual charges.   The real reason world's number one political prisoner is still kept in this high security prison, is because he exposed horrendous war crimes carried out by the US imperialists and their allies.   The ruthless Western imperialist regime wants to punish the No1 real journalist in the world and make him an example for any Whistleblower or real journalist who will attempt to expose its big crimes in the future.   And the Anglo-American axis has now become officially a fascist coalition , framed by the rest of its Western pets. UK's Home Secretary Priti Patel, one of the most ruthless ever, decided to extradite Julian Assange to US. No surprise of course. The only question we had in mind is