Reply #87: Tax evasion by the wealthy. We have a similar problem here. [View All]

[sabrina 1]

And the solution there is to go after the 'little people' with killer, literally (see suicide rates in Greece) Austerity measures. These measures are a complete failure, as anyone with have a brain cell functioning can see.

We are being subjected the the same 'measures' laid out by these organizations, the IMF and the World Bank eg. My solution is end Globalization, forgive all debt, and start all over again.

They are trying to keep Greece afloat by punishing the working class even more, they do not care about PEOPLE, in order to stop the ripple effect on other countries. They've done this all before and it didn't work. So, as Dean Baker asks 'what makes them think it's going to work this time'?

My question is what they are trying to hide. Where did all the money go? Who is hoarding it? Why have there been no prosecutions of the real criminals, the ones who are responsible for the destruction of the World Economy?

Why are the same people who oversaw these problems/crimes, still in charge. What makes anyone think that the same people who allowed all this to happen, are competent to fix it? Christine Lagarded was finance minister of France before becoming IMF chief. She did not distinguish herself in that position. So, why is SHE now in charge of the IMF?

What is needed as REAL economists have been saying all along, is a complete change of course. Austerity policies will fail, there is no question about it, they already have. Maybe it's time to remove all these geniuses who can't come up with anything different than the same old failed, and cruel, policies that are only plugging holes until the next time, which will be sooner each time.

Start prosecuting the perpetrators and retrieving the stolen money they gambled with for a start. That would cheer up people in all of the affected countries. Then fire those left who have been such spectacular failures if not outright criminal and put those who were right all along, who predicted all of this, in charge. Then institute worldwide strict regulatory laws on Banks and throw out, as Iceland did, all elected officials who in any way were involved in the crisis by either profiting from it personally or ignoring it.