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New Greek Finance Minister Vows to Destroy Greek Oligarchy

HeadlineJan 27, 2015

Yanis Varoufakis is expected to be named as Greece’s new finance minister today. He is an economics professor who once described the EU-imposed austerity measures as “fiscal waterboarding.” During an interview on Channel 4 in Britain, he vowed to destroy the Greek oligarchy.

Yanis Varoufakis: “Freedom of speech in Greece has been jeopardized by this unholy alliance between bankrupt bankers, developers and media owners who become the voice of those who want to sponge and scrounge off everyone else’s productive efforts.”

Paul Mason: “And what will you do to the oligarchy concretely?”

Varoufakis: “We are going to destroy the basis upon which they have built, for decade after decade, a system and network that viciously sucks of the energy and the economic power from everybody else in society.”

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