Mutiny On The Acropolis: Greek Protesters Seize Finance Ministry

Tyler Durden's picture

Someone keep an eye on Waddell and Reed at all times. Repeat: all times. Because once they, and the market, and the Troica realize that the passage of Bailout 2 will lead to a revolution, it will get very, very interesting.

From Press TV:

Protesters belonging to the left-wing
The All-Workers Militant Front (PAME) union unfolded a giant banner from
the roof of the finance ministry building on the central Syntagma
square, calling for a nationwide strike against the new austerity
measures that the government agreed to take in return for the new
bailout package.

"From dawn today forces of PAME have symbolically occupied the
finance ministry, calling on workers to rise, organize their struggle
and prevent the government's barbarous and anti-popular measures from
passing," the front said, AFP reported.

Angry citizens in the country have now, for a tenth consecutive day,
held anti-government demonstrations against the austerity measures.

Protesters have set up a camp in the central square of the capital,
in a move modeled after the Spanish M-15 movement and the uprisings in
the Middle East and North Africa.

The new bailout plan will mean harsher austerity measures, as it is
aimed at reducing the 2011 budget deficit by EUR 6.5 billion. PAME said
the new plan would “turn workers into slaves.”

The plan, however, is set to be approved by EU finance ministers on
June 20. Additionally, the government will also commence its EUR 50
billion privatization program.

Greece received a EUR 110 billion EU-IMF bailout loan last year, as
it faced a massive debt crisis, but did not manage to resolve its
financial problems.

Since last year, Greece has witnessed massive anti-government
protests which turned violent at times and left scores of protesters and
security forces dead or injured.

A poll conducted recently found that the
majority of Greeks no longer have confidence their government can pull
the country out of its national debt.

h/t Econometrist

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TruthInSunshine's picture

Long Ouzo, short Jägermeister.

zaknick's picture


Get the banksters!!!

Wherefor art thou, fake "Fed"???

Hx3's picture

"Man will never be free until the last Banker is strangled with the entrails of the last Politician"

Confuchius's picture

Even that is too kind.

mkkby's picture

Hard for me to feel sorry for all these leeches, who are angy at losing their free lunches.  No able bodied adult should ever get a free ride.  In a free society, there is no justification for forcing productive people to work hard for their own families, and have to subsidize lazy losers.  That applies to corporations and individuals.

Let them starve if they don't want to support themselves.

IdioTsincracY's picture

Correct usage of 'leech':

Bankers continue to leech off working people!

aerojet's picture

I feel the same way, but it's a more complex issue than that.

morkov's picture

The propensity to connect events into a wholesome picture will fail as providing for the daily needs becomes impossible. Who will have the right then? The people who are protesting without understanding the more “complex issue” or you? It’s going to explode soon.

ColonelCooper's picture

I can't help but wonder, (honestly)  are these people aware of what's being done to them, or are they pissed because they can't squeeze more blood from the turnip?

It's quite easy for us to cheer for default.  Easy to want to see the bankster's rolled.  But is that what these people are after, or just the "free lunch"?

If/when the U.S. is faced with the same choices, will the rioters be pissed at TPTB/TBTF, or just pissed that Obama's stash ran dry?  Is this any different, or do we just want it to be?

dolly madison's picture

I just happened upon this tonight, which makes me sure that at least some of the Greeks are aware of what is being done to them.

morkov's picture

allowing Greece into the EU was due to the expected bonanza from the "restructuring" of E-European economies ... they were to pay for the extra costs to the EU. it's consumed and gone now. no exit fo Greece

unununium's picture

What do you care if a bank doesn't get paid back?

Whether it's Greeks or USA homeowners, the deadbeats are not the problem.  The bailouts are the problem.

Taxpayers and dollar-holders must stop paying for the madness.

MrFriskles's picture

As much as I agree that 50ish is to young to retire... Shit I will only have been working for 15 years at that point (med student). I suggest we hang all of the bankers, financiers and politicians first, then lets figure out how to reform the welfare state particulars. There are bigger parasites in this world than citizens.

Rick64's picture

There are bigger parasites in this world than citizens.

 Well said. Austerity measures for everyone except the banks is their agenda. They made bad loans and refuse to accept the consequences.

Shock and Aweful's picture are an ignorant SOB

Founders Keeper's picture


In my youth I traveled much, and I observed in different countries that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer.

 ---Benjamin Franklin (1772)


ElvisDog's picture

Greece received a EUR 110 billion EU-IMF bailout loan last year, as it faced a massive debt crisis, but did not manage to resolve its financial problems.

It didn't resolve their problems because Greece has a structural budget deficit that is used to a large extent to pay government workers and for transfer payments to its citizens. That being said, the Greeks are right to protest against further bailouts because loans from the IMF only make the Greek structural budget deficit worse. What the Greeks should do is a total default on all of their debt. Wipe all of it off their books.

Cleanclog's picture

A poll conducted recently found that the majority of Greeks no longer have confidence their government can pull the country out of its national debt.

See, the Greeks are intelligent and more realistic than the IMF, EU, ECB and foreign banks.

Manthong's picture

You've got to wonder though, who's pulling the strings over there.. that poster and plan of attack didn't come from some casual meeting of regular citizens and just anyone's PC and Lexmark printer.

GeorgeHayduke's picture

It came from a Union Printer's shop. Just guessing.

tekhneek's picture

You act like the people are as worthless as the bankers.

Bankers don't create anything of value for the people. The people do. Whoever made that owns a print shop, obviously. It's not a "difficult" (of course, it takes a lot of effort!) task to organize a rally using social media anymore, either. This is what's going to happen in America soon I'm afraid. It's only a matter of time until we're rushing the capitols demanding what's rightfully ours.

This can't go on forever, eventually there will be a revolution the world over doing everything possible to remove this scum from the earth. It will be a hard, long battle, but it has to happen otherwise (financial) slavery is going to come around full circle.

WeekendAtBernankes's picture

To abstain asking questions because you hate the banksters is a dangerous precedent.  Let us not forget what happened in Russia, circa 1918.  To trade the yoke of one tyrannical master for another is nary a worthy cause.

This may or may not be what is happening in Greece, but color me suspicous.  The current of revolutionary communism flows wide and deep in that society.  

pappacass's picture

Yeah see this is what worries me. If it does go full on then do they know who to revolt against? Politicians might get hit and maybe the odd local banker, and then the army gets involved etc. But in the end what will happen will be what always happens, Rothschild Rockefeller et al will draw an entirely irrelevant line in the sand, split the population evenly into two teams, fund them both and then buy the winner, who are already up to their necks in debt anyways as civil war is frightfully expensive. If there was a surgical strike against the few at the top we mightn't need a revolution at all.

ElvisDog's picture

Are there any young, hot-looking Rothschild women? I think I'd like to marry into this all-powerful family that has ruled the Earth throughout the ages.

pappacass's picture

Yes and they are considered the most beautiful women on earth.

However you need to provide a dowery of at least 10 tonnes of gold, a stable of unicorns and 3 greek islands.

GeorgeHayduke's picture

Yeah, it looks like Colonial Capitalism is dying as it has finally run its course and is now in a gradually escallating fight for its life. I wonder how much collateral damage we will see through all this?

knowless's picture

i fucked up my first interview in a while(long while) today, my hands were shaking too hard to lay the metal down. taking the process off my resume because of the shame.


it's not organisation that's difficult, it's avoiding the shots to the head that follow.


ColonelCooper's picture

"You act like the people are as worthless as the bankers."

The shit you leave in the toilet is much different when you eat salads and drink mineral water than it is when you eat chili dogs and drink cheap beer.  They're both shit, they just look and smell different.

"Demand what's rightfully ours?"

The people who are most likely to be rioting the soonest are those who are simply mad that the tit has run dry.  Demanding what hasn't been earned, in one form or another, is what's gotten us here in the first place.

Even of those who may be rightfully pissed, only of handful of them will even know at who.  We have allowed ourselves to be swaddled by the State for so long, we have lost all grasp of what is "rightfully ours".

You give the human race too much credit.

Founders Keeper's picture

[The people who are most likely to be rioting the soonest are those who are simply mad that the tit has run dry.]---ColonelCooper

Good post, Colonel.

The ends do NOT justify the means.

(As an aside, I can't think of a single poster---myself included---on ZH giving a pass to the bankers, financiers, and Greek politicians. Criminals all.)


US Uncut's picture

Guess you could say that of anything, huh? Who organized Egypt?  I am sure printshop owners are capable of donating time and effort if they back the cause. As for taking over a building? It is happening ALL the time. Google the "Occupy" movements. Easy to do. There is even a manual on how to do it. 

Franken_Stein's picture


Kurrently we kannot eat Sauerkraut here.

We have EHEC.

We are Germ-ans.

First bird flu, then pig flu, then dioxine, now this.


Btw, few people if any in Germany eat Sauerkraut

Most eat Döner or Dürüm, thanks to the ~3.0 milion Turks living here.

Bockwurst, Bratwurst or Schnitzel is also not bad.


Here is your typical aryan German:


morty_schatzberg's picture

The real disease is turkjewitis combined with a malignant form of pc liberalismus. hate to be the breaker of bad news.

Franken_Stein's picture


The Turks in Germany are a bulwark against too much American / Jewish influence and dominance in Germany.

They're sunni and alevit muslims.


john39's picture

i'm american, living in america.... america needs bulwarks against americans.  send us some turks please.

margaris's picture

you already have them. Check TYT (TheYoungTurks)... they are cool

cranky-old-geezer's picture

Thanks for giving us Rammstein, perhaps the best metal group of all time.

max2205's picture

hasn't happened here and will not because the Govt is = Unions....

Greyhat's picture

Short Southern Comfort! ;-)


Saving Greece is not mainly an EU Bank bailout, it's all about not to activate CDS contracts, says the Schaeuble ministry.

And who gave these credit insurances?

Robert-Paulson's picture

Revolution Bitchez!

Sudden Debt's picture

Strange thing about people who have nothing to lose...

whatever somebody promises them, is always a gain.

The Greek situation is still under control. As long as we see large groups and not 1 leader of the pack singing what should and could, there is still a chance it will pass.

Look at Portugal, they have been in a depression since 2004 and still everything is going down, and still no rebellion. They lack a real leader to rebel and the low wages over there are keeping the lemmings in line.

It's the demographics of the group that actually matter. And the winning country in Europe that actually meets all the criteria for a rebellion isn't Greece but Spain where the revolts come from the young people who aren't bound by family and providing for them.


agent default's picture

Maybe but the greeks have a well  proven track record when it comes to rioting.  It is like a form of fine art to them. 

Think of it this way would you rather go to the opera/gallery or a good old fashioned riot in the centre of Athens wiht plenty of firebombs, teargas, sticks, rocks. 

I mean come on, it may have started in Spain but I realy expect the greeks to take it to whole new level.  Might even outdo themselves this time.

cahadjis's picture

[blushing] we try our best ....

MrFriskles's picture

I still love that picture a few weeks back of the guy in all black with a helmet and goggles on. He was carrying a big stick with a red flag on one end and using the other to swipe at a cop. Best wishes to the Greek revolution, hopefully an informed and legitimate leader will emerge and start to cut the throats of those complicit in selling their country out.


Oh regional Indian's picture


The foundational cornerstone of western "civil""I"Z(at)ion is shaking. Kind of fitting. Sideshow though. The tipping point countries, for which greece is the local tunisia will be Portugal/Spain. 

The pillars of atlas are going to see another sinking...



suckerfishzilla's picture

Greece is giving the IMF the middle finger.