Business As Usual Triumphs in Greek Election

Business As Usual Triumphs in Greek Election
by Stephen Lendman
It’s all over but the postmortems. Western bankers, large investors and other corporate interests triumphed on Sunday as expected – over fairness, equity and justice. 
Greece remains Troika occupied territory, its sovereignty and soul lost, its people assured of greater suffering than already, its economy strip-mined for profit, its deplorable status the future of Europe and America, headed toward becoming thirdworldized ruler-serf societies unfit to live in.
SRYIZA retained power by a larger than expected margin – with nearly all votes counted, achieving a 7.4% margin over New Democracy (35.5% to 28.1%).
It’ll hold 145 seats in the 300 member parliament, majority control easily within reach with a coalition partner, likely Independent Greeks like before, expected to be announced on Monday or early in the week.
The Wall Street Journal said SRYIZA’s victory “confounded opinion polls (suggesting) a much closer race, and possibly even a defeat for Mr. Tsipras’ party.”
A record low turnout at less than 55% showed popular disgust with business as usual. SRYIZA effectively got 20% support from the electorate, far from a mandate, a stinging disapproval, showing popular opposition to its policies.
Alexis Tsipras lied claiming otherwise, saying “(t)he Greek people have given us a clear mandate to discard whatever kept us stuck in the past. It’s a crystal clear mandate to escape from the old, corrupt establishment that governed this country for so many years.”
He’s part of the same ugly system – pro-business, anti-populist, pretending to be otherwise, committed to harsher austerity than his predecessors, dismissive of millions of suffering Greeks, their needs and rights ignored so bankers and other corporate predators can profit from their misery.
Eurogroup president/Dutch finance minister Jeroen Dijsselbloem congratulated Tsipras, saying:
“I now look forward to the swift formation of a new government with a strong mandate to continue the reform process in Greece. I stand ready to work closely with the Greek authorities and to continue accompanying Greece in its ambitious reform efforts.”
The Financial Times explained, saying “(h)is first task as re-elected prime minister will be to implement more tough austerity measures demanded by creditors in return for a new €86bn rescue package.”
Breakaway SYRIZA Popular Unity party won a scant 2.8% support – below the required 3% threshold for seats in parliament. Its representation is as follows:
SRYIZA – 145 seats (five short of a majority)
New Democracy – 75 seats
Neo-Nazi Golden Dawn – 18 seats
Pasok – 17
KKE (the Greek communist party) – 15
Potami – 11
Independent Greeks (Anel) – 10
Union of Centrists – 9
On Monday, Greek media said SRYIZA and Independent Greeks will form a new government “as early as Monday afternoon or Tuesday morning” – giving him a slim, potentially unstable, 155 seat majority.
Former SRYIZA finance minister Yanis Varoufakis called Sunday’s electoral results “the ‘legalization’ of the capitulation that followed the signing of the dead end, humiliating and irrational” bailout deal – unconditional surrender to Troika demands, spurning strong anti-austerity sentiment.
Dystopian harshness in Greece is a window on the future. We’re all Greeks now!
Stephen Lendman lives in Chicago. He can be reached at 
His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”
Visit his blog site at 
Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network.

It airs three times weekly: live on Sundays at 1PM Central time plus two prerecorded archived programs. 

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