The Looting of Greece: Fire Sale of Beaches to Pay “Debt”

One hundred and ten of Greece’s best beaches are on sale by Greece’s privatization agency,  the Hellenic Republic Asset Development Fund (TAIPED) in the name of supposed “development” and “utilization of public assets”. In fact a sale off of Greece best beaches for cash so that the debt-ridden country can pay back its lenders….

http://www.blacklistednews.com/Fire_Sale:_Greece_sells_110_of_its_best_beaches_in_the_name_of_“development”/35406/0/0/0/Y/M.html

Is there an academy award for fraud?   This has to be a candidate.   And don’t think for a minute that it can’t happen here.  The entire monetary system is constructed out of the same fraud.   The US government “manages” huge tracts of land in the southwest that include large mineral deposits and access to solar energy.   What is the collateral on the  national “debt” now that american taxpayers are unable to pay it “back?”

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