On the eve of our general election here in Greece, the Director of the IMF has decided to tell us how to vote. Not the small marginal parties! She declares with horror. They are irresponsible! What next? The troika will not allow any parties that do not grovel to it to stand for election at all. But we know all this, we’ve been through it all before. Most recently during the military dictatorship.

But this piece is not about the eroding of democracy by the IMF/EU evil partnership, once the economy has been destroyed. We leave this one for later.

No, today I want to comment on how mean Mme Lagarde has been to our appointed Prime Minister. Since he is out going now (we hope, she doesn’t) she chose to praise him and the work he has done as Prime Minister of the Southern Balkan Protectorate (formerly known as Greece).

Now, this gentleman carried out all the commands of the troika with perfect, German precision and efficiency. He slashed minimum wages, pensions even more, agreed to implement all the further recession inducing inane ideas concocted  by the troika and worse of all, he and his government (made up of the parties Christine wants us to vote for) signed away just about every sovereign right Greece had left. No wonder she praises him!

All revenues (including taxes) will go into an escrow account from which the banks will be paid first and only if anything is left will it go to the Greek Economy. Minimum wages will drop to 200 Euro a month, though all prices on utilities and taxes will rise exponentially. Labour Laws have been abolished. Those trying to work have no rights left. They will get a below subsistence wage and may be hired and fired at will and work for as long as is needed. Overtime? What a stupid notion! And more and worse. No wonder she praises him!

Also this model Prime Minister Lagarde has chosen to lavish praise on, decided to misinform (to put it politely) the Greek people through Parliament. On the build up to the miserable bond swap, he officially assured us that the new bonds would not be issued under British law. British law means that the rights of the new bond holders are totally and utterly assured at the expense of the Greek state and of course the Greek people.

That is in the event of a default, or rather when Greece defaults fully, and it will, because the troika’s policies make sure of that, any bond holder can come in and claim anything and everything belonging to the Greek state. And what happened? Despite the PM’s assurances in Parliament, the bonds have been issued under British law and not a word of apology or even explanation. Talk to the plebs? Heavens no! Just whip them into submission. No wonder she praises him!

Furthermore, this bond swap was supposedly one of Private Sector Involvement, that is only private bond holders would have to pay. So the European Central Bank did not have the bonds it holds shorn. But hang on a minute… The various social security funds are NOT private sector! Are they? Shrug of indifference. They got shorn anyway. Why? The PM probably didn’t think it mattered. So did the funds of Universities, state hospitals etc. Anything within Greece got shorn whether it was private or official sector or not. No wonder she praises him!

So this is what the outgoing (hopefully!) appointed Prime Minister achieved, aided and abetted by the two major parties Christine wants to see back in power. Well of course she does!

But by lavishing such praise on the poor man she has merely exposed him to even greater contempt that his low profile might have avoided. How mean of her!