Working Families is in the house!!!

---------- Forwarded message ----------
From: Dan Cantor, Working Families <[email protected]>
Date: Mon, Jun 29, 2015 at 5:00 PM
Subject: For Greece: Democracy, not Austerity
To: [email protected]



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Robert,

Remember the start of the economic collapse -- those scary weeks in 2008
when markets were tumbling and unemployment was skyrocketing past 10%?
Since then, we've had a slow, uneven recovery.

But what if the economy had stayed in free-fall, unemployment reached
crisis levels of over 25%, and the recovery never came? *That's what it's
like right now for the people of Greece. *Years of austerity policies
mandated by the European Union have done nothing but perpetuate crushing
unemployment and slow down an economic recovery.

Now, the titans of global finance just gave Greek's government an
ultimatum: *impose even more cuts in living standards, or else we're
cutting off all financial aid. *

Greece — the birthplace of democracy -- is making a simple request: "Let
our people vote on this proposal." The vote is this Sunday, July 5th, but
European financial leaders are already putting the squeeze on Greece and
pulling their money out.

We can't allow these titans of global finance to blackmail Greece's
democracy with their wealth. The U.S. controls the most votes on the board
of the International Monetary Fund, and can use its influence to soften
negotiations with Greece.

* Stand in solidarity with the Greek people. Tell President Obama & the
U.S. Treasury to support Greece's democratic right to vote on their bailout
deal and push for a just solution.
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 Major cuts to wages and pensions. Regressive taxes on working people.
Deregulation. *It's called austerity economics. *It's the Tea Party
economic agenda on a global scale. And just like the agenda of the big
money backers behind the Tea Party, it never ever works -- except for the
bankers.

The financial and political titans of the world would like us to believe
that "austerity" is simply the bitter medicine we must accept in order to
generate economic growth. *But it's not medicine at all -- it's poison.*  It
is smothering working people, and threatening democracy itself. The
collapse of Greece’s economy and the political blackmail of the Greek
people is a case study in unchecked austerity politics.

Five months ago, the Greek people revolted and elected a government led by
Syriza, a new populist, progressive political party that vowed to end the
policies of austerity economics.

But despite the elections, the International Monetary Fund isn't budging.
They don't think the people of Greece -- or any country really -- should
have a say in the matter. And in an act of high-stakes brinksmanship they
have issued an ultimatum that could force Greece into an even deeper pit of
despair: take our deal or we will cut off lending altogether.

*But here’s where we come in: the United States has a lot of leverage in
this negotiation.* The U.S. controls 16.74% of the total votes on the board
of the IMF -- far more than any other country.

The Greek government's position remains clear: they were elected to reverse
austerity, not to add to it. If the Greek people want to give their
government a new mandate in the face of an ultimatum, they need to be
allowed to vote on it. It is a matter of basic democracy.

News reports indicate that President Obama's administration is pushing for
a stance towards Greece1 that is both economically smarter and more humane,
just as he did when he insisted on the big stimulus package in 2009.  The
ground is shifting and now it's time for his administration to help put a
stop to the global version of austerity politics.

* Call on President Obama and the U.S. Treasury to use their votes in the
International Monetary Fund to press for a just and democratic solution to
the crisis in Greece.
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*

Thanks,

Dan Cantor
National Director
Working Families

1. Financial Times, "Greece closes banks after bailout talks break down."
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*Become a Working Families Sustainer! *Other political groups have
corporate donors. We have you. Just $5 a month supports our fight
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.
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