Booming Iceland makes second early loan repayment to IMF

[JackRiddler]

81. Nonsense on all counts.

The Greek system is a proportional voting system, except that the first party gets 50 extra seats, even if it is only ahead by a single vote. (Stable Germany has a straight-up proportional voting system.) It is a complete falsehood to say that the Greek system "is designed to promote minor political parties." There is a threshold of 3 percent for representation in the parliament.

Thanks to the bonus, a 1.5 percent advantage for ND, the party of odious debt, translated into a majority with PASOK, the party of collaboration. The majority who voted against these parties and the Troika memo are not in the government.

From the perspective of the US, where we elect one front man of a vast empire and national security state, large parts of which are secret, I can see why the concept of even that much democracy is a foreign one. Try harder.

Note that the power of lies (which you are pushing, whether intentionally or not) is such that correcting them takes two paragraphs for each of your false sentences!

In your second paragraph, you push the Wall Street version of what happened with the debt. You leave out the buying of the Greek politicians by German corporations who got fat contracts, and the lying by the Greek politicians about the extent of the debt (in which they cooked the books together with Goldman Sachs and JPM Chase).

Propaganda for the banksters, contempt for the people. That's your formula. Shame on you.