Paul Krugman and Bailout Package

International Monetary Fund European Central Bank: Moreover, whichever side, Yes or No, wins today Greek referendum on "the bailout package" -- which is plainly no bailout in the normal sense of that word, since it offers no chance of relief, only more economic pain, essentially forever -- the results are unlikely to resemble the confident predictions in Canadian and U.S. news coverage about the events unfolding in the birthplace of democracy, according to Rabble. As Paul Krugman, Nobel-Prize-winning economist and New York Times columnist, explains it, "this isn’t about analysis -- it about power." If Greece votes Yes, he said, "it will face endless austerity, and a depression with no hint of an end." Meanwhile, even the Times normally reliable news department now concedes a major effort at regime change is under way in Greece by the European Union, International Monetary Fund and European Central Bank, all of which desperately want to knock off Prime Minister Alexis Tsipras. After all, at least one plausible interpretation of the unfolding Greek tragedy is that the zone in which neo-fascism is permitted to reinforce neoliberal totalitarianism is now creeping back toward one of the regions where it has not been encouraged since the end of Europe great fascist upheaval, which culminated in the catastrophe of World War II. This should worry all of us. This is no surprise. This is a little disingenuous, even though it sails closer to the truth than most of the reporting on this story we have seen in Canada. It is what The 1% and its agents wish for any leader anywhere who dares to throw roadblocks in the way of their global neoliberalization schemes. "What is playing out now is a largely unacknowledged campaign to oust him, led as much by his critics among other European leaders and top officials as it is by his rivals in Greece," the Times reported. (www.immigrantscanada.com). As reported in the news.