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Letters: Greece's choice

May 11, 2012

Re "Greece still in postelection impasse," May 9

Kevin Featherstone of the London School of Economics is right when he says that Greece must choose between Eurozone membership and the so-called rescue package.

What Greece faces are choices offered not by Greece but by the global financial system. It set the path of recovery for Greece, a path that guarantees creditors get paid at the expense of the people of Greece.

Austerity does not mean prosperity, as it is not designed for such an outcome. Austerity means that bankers get paid while a country starves and continues to experience a brutal downward economic spiral, devastating its people.

Steven A. Apodaca

Whittier

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