By, Ashley Jones The Pete Santilli Show
1,000 Greek bank branches chanced a stampede in order to open their doors to the country’s retirees on Wednesday.
As reported by Bloomberg, payouts were rationed, and disbursals were limited according to the last name of the retiree. Here’s more:
It’s a day of fresh indignities for the people of Greece.
About a third of the nation’s depleted banks cracked open their doors after being closed for three days. But all they did was ration pension payments, hours after the country became the first advanced economy to miss a payment to the International Monetary Fund, and it’s bailout program expired.
On the third day of capital controls, a few dozen pensioners lined up by 7:00 a.m. at a central Athens branch of the National Bank of Greece, an hour before opening time. They were to receive a maximum of 120 euros ($133), compared with the average monthly payment of about 600 euros. Many left with nothing after the manager said only those whose last names started with the letters A through K would get paid.
“Not only will I have to queue for hours at the bank in the hope of getting 120 euros, but I’ll have a two-hour round trip,” said Dimitris Danaos, 77, a retired local government worker who was making the bus journey from his home outside the Greek capital to the suburb of Glyfada.
If you think this can’t happen in America, think again. Our country is actually more in debt than Greece. The only reason we haven’t felt the economic Tsunami yet is due to the Petro dollar. However, once that goes, we will be watching these heartbreaking scenes unfolding here, just like it is happening to Greece.
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