Greek referendum

Greek flag July 2015Today, 5 July 2015, the people of Greece voted by nearly a 2-1 margin to reject a deal offered by the country’s creditors in an historic vote that could redefine Greece’s place in the European Union (EU) and shake the world’s financial markets.

By rejecting an international bailout deal that would place further “austerity” measures on an already-suffering populace, the Greek people defied the EU, the International Monetary Fund (IMF), and the European Central Bank (ECB). The resounding “no” vote brought dire warnings from the international banking/finance establishment. Germany’s economy minister, Sigmar Gabriel, said the likelihood of a new bailout deal was now all but dead. He continued: “[Greek Prime Minister Alexis] Tsipras and his government are leading the Greek people on a path of bitter abandonment and hopelessness,” he told the German newspaper Tagesspiegel, adding that they have “torn down the last bridges on which Greece and Europe could have moved toward a compromise.”

In order to terrorize and frighten voters from giving the “no” side an electoral victory, the ECB  severely cut back financial assistance to Greek banks, forcing them to close a week before the referendum. This, in turn, made it difficult for retirees to get their money and fueled widespread fear all across the country that people would lose their deposits. But Greek voters refused to give in to intimidation tactics.

The global financial elites, not used to being thwarted by the will of the people, are in panic mode. It seems that the Greek people, like those of Iceland a few years ago, have decided to free themselves from the chains of international finance. As proof the Greek voters understood just what they were doing by casting an overwhelming “no” vote, the hard leftist Anti-Defamation League published the results of a poll recently that showed 85% of the Greek people thought that Jews had too much control over global finance. So do we.

The League of the South congratulates the Greek nation on voting for its own interests and against those who would further enslave them in indebtedness and loot their historic country. We encourage all people everywhere who have been drawn into this financial web of deceit to free themselves as the first step towards a return to freedom and prosperity.

Michael Hill

Categories: News

About Author

Michael Hill

Dr Michael Hill is President of the League of the South. He is a retired university professor of history and author of two books on Celtic warfare.