Terence George Craddock (Spectral Images and Images Of Light)
European Union Austerity Measures Inflicted On Greece - Poem by Terence George Craddock (Spectral Images and Images Of Light)
an interesting development...
an online censor clerk,
has learned, an innovative, art
a strategic censorship perk
instead of banning...
problematic whole book,
article, poem, attacking
a strategic strike intriguing...
a crafty innovative hook,
just delete, fine tune, targeting
precisely, paragraph, paragraphs
sponsorship bankers bank,
austerity, measures, mince meating
Greece, Greek, citizens
a lie shrouded adjustment...
offered by Germany her allies,
austerity, leads to, internal deflation repeat
Greece, will regain, competitiveness
proposed solution a no-brainer neat...
suppose miraculously austerity succeeds,
actually, could deliver, deflation sweet
growth, nominal GDP suppressed, decreases
turns negative burden of debt...
will increase reducing Greek wages,
relative, to Germany, in prime position seat
Greece, has sacrificed made, 'progress':
private-sector wages fell 5.4%...
in the third quarter of 2011,
from, a happier, year earlier 12%
since, peak first quarter, of 2010
leaked European Commission report...
called for nominal wages in business,
economy, to be reduced, by a further 15%
during,2012-2014, exploitation finesse
will Germany accept...
undesired price of inflation,
for stability, political, benefit
of keeping, intact, pet eurozone?
upside inflation will to start...
with make happy Germans,
their wages, rise, right smart
inflation, adjusted, sensations
positives but ECB monetary policy strict...
catering to prime German desires,
for low, German inflation, verdict
put out, threat undesired inflation, fires
Merkel moved to counteract...
ECB monetary policy which might,
stoke, inflation, in Germany
cementing, certain, impossibility
of an economic recovery...
for struggling EU countries policy,
eurozone, adjustment, locked out by Germany
economic, hardship, elsewhere in the currency
suits Germanys' export-oriented economy,
it causes, the euro, to depreciate
makes, German exports, cheaper competitive hot
continues downward trend to record lows,
German, select, financial institutions
scooped, the lion's, share tenderloin slices
more than 80 percent...
of Greek rescue package goes to creditors,
a huge, chuck, to hyena stalking banks
outside Greece, the ECB, takes choice slices
billions of taxpayer euros are not...
saving Greece their purpose saving banks,
shifting, liabilities, from European banks
to fleeced, targeted, European taxpayers
staggering slaughter public debt...
Greece owes foreign governments,
including, debt, to EU/IMF loan facilities
debt, through, manipulated eurosystems
increased by €130 bn...
from €47.8 bn to €180.5 billion,
between, January,2010 and September 2011
brutal, severity austerity, measures in European Union
imposed on Greece by boots German...
French leadership of European Union,
importance, of honouring people, individuals nation
treating people, with humility respect, compassion
is a lesson...
sadly not learned by evil men,
women, who prey, upon the divine
breath, heartbeats, dreams of a working class citizen
Poet's Notes about The Poem
Copyright © Terence George Craddock
Written in April 2012 on the 22.4.2012.
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