
5/17/2010 – Matthew Vadum –
In order to distract from the grave fiscal crisis caused by Greece’s cradle-to-grave socialism, Greek socialist prime minister George Papandreou is threatening to sue American banks.
Like his father before him who was also prime minister, Papandreou is the leader of the political party PASOK, which is the Panhellenic Socialist Movement. He is also president of the Socialist International. (The Socialist International’s affiliate in the U.S. is a group called Democratic Socialists of America, which in turn in closely tied to the Congressional Progressive Caucus).
“Greece will look into the past and see how things went,” Papandreou said. “There are similar investigations going on in other countries and in the United States. This is where I think, yes, the financial sector, I hear the words fraud and lack of transparency. So yes, yes, there is great responsibility here.” [Read more…]

