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Greece's financial mess continues unabated. Austerity measures are the order of the day with those in high office in the EU demanding ever more stringent measures. People can only take so much. They have already passed the point when they have little left to give. Bartering is on the increase as cash disappears. For those who want to perpetuate the current banking infrastructure this could be bad news. As people fend for themselves much needed revenues will slip away and the spiral into bankruptcy will be assured.

As we have so often said austerity has to be fair. For those who say "why does it have to be fair?" take a look back into history. Sooner or later the proverbial will hit the fan. The Elite who created all of this mess will not be allowed to sit back and live on the fat of the land. They too must take a hit. In truth they should be hit the most having done nothing to prevent this ongling fiasco.

In Greece judges have been protesting since the middle of September. Their gripe is pay cuts. Those in high office tend to care not one iota for the ordinary man and woman on the street. They are told to get on with it when their incomes are slashed. Once austerity starts to attack higher up the chain all hell breaks lose.

Currently the judges action has taken the form of a work to rule. This guarantees the protesters a minimum loss of income, if any, whilst hitting the service hard. Backlogs of work tend to be hard to shift ever.

The judges work to rule has meant they have only worked in the mornings. Their action is due to end on October 20. They have now issued a warning to Politicians.

One judge spoke anonymously to the media saying, "Since June 2011, parliamentarians earn on average 5,934.87 euros a month.“But these earnings are augmented by appearances on parliamentary committees for which they earn 150 to 350 euros.”  He went on to say, "judges would seek to ensure that MPs are taxed for the benefits they receive, which include 935 euros a month for offices expenses, 1,136 euros for postal services and 364 euros for travel costs."

Greek judges have now peldged to cut the salaries of MPs. You may argue that without a hefty pay packet people would not bother to stand for election and serve the country. There are always a few though who do so for the right reasons not to simply feather their own nests.

If Parliament wants to implement austerity measures it should be prepared to take a hit. Leadership should be about leading by example. Shame on them.



 
 
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As Greek people face an ever shrinking income they are looking toward old methods of trade.

Russia Today has reported that the ""barter system" is undergoing a surge in popularity in Greece. This early form of trade served the world well centuries ago. As trade and skills developed it became more cost effective to create a different form of payment, that is money. Now for some money has had its day.

Currencies have come a long way since those ancient times but perhaps it is still the "root of all evil" No matter what you feel there is no denying that the global economy is in trouble.Of course this is not the first time it has struggled but people are rather different these days. Most are not prepared to have their one life ruined by the actions of others. That is unless there are no alternatives. 


So some Greeks are finding that "time" can have as much value as cash. Goods, services and skills are being exchanged and for some it seems to work. Those who have little money are finding that their skills may get them what they want.

The Greek Time Bank is one Greek venture that is utilising the barter system. A spokesperson said, “In the Time Bank we exchange voluntary services.Sometimes I give painting lessons for free but I take yoga for free also. It’s huge, it’s everything we do without money. It’s looking after people and making things ourselves.”

Kudos to those taking part who are attempting to survive well in spite of the country's austerity measures.As the Greek economic downturn bites Greek society is finding divisions which will be hard to heal. Barter may not solve everyone's problems but for some it is offering a huge helping hand, without the involvement of the government, the banks and the fat cats.