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Sun Oct 14, 2012, 06:14 PM

Austerity-hit Lithuania changes course

Source: Deutsche Welle

According to early exit polls, austerity-weary Lithuanians have voted to remove the incumbent center-right government. The center-left Social Democrats had promised to raise the minimum wage and hike taxes on the rich.
...
"They carried out an experiment on us," Ruslan, a taxi driver in Vilnius, told the news agency Reuters. "They cut pensions in half; people left the country Young people have to live with their grandparents."

The Social Democrats' leader, Algirdas Butkevicius, had accused the incumbent conservative-liberal coalition of leaving the people at the mercy of the free market.

"Their ideology leaves a person to their own fate and to the markets which, it claims, solve everything," Butkevicius said. "We say the government needs to be responsible for everyone: for the sick, the old, the young who cannot find work."

Read more: http://www.dw.de/dw/article/0,,16305271,00.html

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Reply Austerity-hit Lithuania changes course (Original post)
FarCenter Oct 2012 OP
ChairmanAgnostic Oct 2012 #1
nolabear Oct 2012 #2
Lydia Leftcoast Oct 2012 #3
kelliekat44 Oct 2012 #4
dipsydoodle Oct 2012 #5
Warpy Oct 2012 #6

Response to FarCenter (Original post)

Sun Oct 14, 2012, 07:20 PM

1. Finally.

That is Twice that American theoreticians have fucked them over. The first time was in 1991, when most of us who came, were there to offer insights, exposure, and support. But a few, including some that wormed their way into pseudo-leadershit roles, really gave them bad advice. Horrible advice.

Now, the austerity assholes from the neocon branch of economics did it again, pushing austerity, dangling NATO and EU as the fruit that would be their reward, and forcing unnecessary cuts and attacks on on their economic structure to such a degree that they destroyed the rural and small town areas. Only Vilnius, the capital is doing just fair, and only because of growing trade with Russia. (the irony is truly incredible).

I just hope that a truly disastrous den of thieves like Goldman Sucks doesn't get invited in to fix their austerity-created problems.

They have an incredibly literate and educated work force, they are natural artists, poets, and more, and Lithuania is one of the most beautiful countries in Europe. Once they are back on their feet, and the austerity jerks are long gone, I suspect they will do well. Look for Iceland, NOT the USA, to step in and help. After all, Iceland was the first country to recognize their independence in 1991, Iceland told the whirled bank to go pound sand, Iceland arrested and convicted its bankers who almost destroyed their economy, and Iceland has taken over the banks and set their own economy straight.

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Response to FarCenter (Original post)

Sun Oct 14, 2012, 07:22 PM

2. Couldn't have said it better myself. The world is slowly, painfully wising up.

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Response to FarCenter (Original post)

Sun Oct 14, 2012, 08:05 PM

3. A couple of months ago, I went to the funeral of a former teaching colleague

who was a Latvian emigre from the time of Stalin's annexation of the Baltic Republics.

My grandfather, who came over in 1908, helped a lot of the postwar Latvian emigres get settled, and so as I was growing up, there were always Latvians at my grandparents' house.

I became used to the idea of emigres being old but their children and grandchildren doing a remarkable job of keeping the language and culture alive in the U.S.

Anyway, the funeral was held at the Latvian Lutheran Church in Minneapolis, and there was a banquet-like lunch afterward. There were a lot of young people serving the banquet, and I assumed that they were some of the third or fourth generation descendants of the WWII emigres.

Not so. They were RECENT immigrants from Latvia who could barely speak English. Latvia, which the right-wingers formerly touted as a "stunning success story" for neocon economics, had collapsed just like Ireland and all the other countries that drank the Kool-Aid, and as in the much better-known case of Ireland, young people were flooding out of the country.

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Response to FarCenter (Original post)

Mon Oct 15, 2012, 03:25 AM

4. This is happening all over the world as the world's 1% grabs their money and hoards it.

People all over who are among the 98% need to understand that we have more in common with each other and ban together internationally to help workers and the poor stand up to these hateful 1% who have fooled the 10% just beneath them that the 89% are their indentured servants. There will be no peace anywhere in the world if this stuff keeps happening.

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Response to kelliekat44 (Reply #4)

Mon Oct 15, 2012, 04:40 AM

5. Please explain what you've posted in context with Lithuania

.

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Response to FarCenter (Original post)

Mon Oct 15, 2012, 04:49 PM

6. Good. If they follow Iceland into recovery

it will be doubly damning for all the austerity hawks.

Punishing labor is their first thought as they all seek to keep what they've stolen. It's up to labor to vote them out and take it away from them.

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