The wealthy continue to prosper while plundering the assets of the masses

in greece as in the u.s. as in the uk as in the rest of the world...

from spiegel...

Greece is tightening its belt -- and the number of people living in poverty is surging as a result. Thousands line up in front of food banks and resort to rifling through rubbish bins. The country's financial crisis is rapidly turning into a social one -- while wealthy tax evaders manage to get off scot-free.

[...]

In 2010, the number of jobless in Greece rose by 230,000, to reach 14.8 percent. Given Greece's weak social safety net, unemployment is more or less tantamount to social bankruptcy. For example, unemployment benefits are only available for a year at a monthly rate of less than €500. After that, the state offers practically no assistance. Officials estimate that only about 280,000 of the 800,000 peoplhttp://www.blogger.com/img/blank.gife without jobs are still eligible to claim unemployment benefits. This has resulted in a dramatic rise in the number of homeless people -- by up to 25 percent in Athens alone.

According to official data, unemployment is expected to climb to between 17 percent and 18 percent by the end of 2011, but the true figure could be as high as 23 percent. "That would be 1.2 million jobless people," Robolis says [professor of economics and social policy at Athens' Panteion University and director of the Labor Institute of the General Confederation of Greek Workers]. The last time Greece saw something like this was in 1961, when the introduction of modern farming technology put thousands of agricultural laborers out of work.

what isn't mentioned in the article is the massive privatization scheme that accompanies the greek eu bailout... basically, greece is being forced to divest of all of its principal assets in order to satisfy the terms of the eu loans, effectively resulting in wiping out greek sovereignty and putting the ownership of the country in the hands of our already super-rich elites...

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