u.s. marines are going to do their first exercise together in 20 years. south korean military officials say it involves landing and flairing exercises in the southeastern city. those stationed in okinawa japan may take part. they plan to conduct military exercises every other year. they did not specify when they would hold this year's drill. it's likely to be part of an annual joint exercise in march. it's a show of force to check military by north korea following kim's death. >>> japan's minister in charge of the abduction issue says he welcomes a north korean diplomats remark they intend to continue bilateral dialogue. abduction minister, the north korean diplomat in charge of normalizing ties with japan. >> translator: since coming to office, i have been saying in order to resolve the abduction issue, it's important not to rule out any possibilities. i also think it's necessary to hold ongoing dialogue with north korea. i believe that mr. song is sending a positive message to japan in r

but now that the u.s. is going broke it says it needs to be more frugal in their military spending this as they involve plans for the most expensive piece of military equipment ever take a look you are looking at the u.s. as gerald r. ford the biggest price tag for any single weapon in history it costs a whopping eleven and a half billion dollars that carrier carrier is worth more than the g.d.p. is of both nicaragua and haiti so is that what you call cutting back look deeper into this earlier i spoke with the retired u.s. army colonel douglas macgregor i asked him if this is money well spent. no i don't think so. the real question for the american taxpayer is are you getting something better a dramatic leap ahead in capability than what you normally would get with a traditional carrier and the answer is really no it's very expensive we've invested in some new technologies such as the electromagnetic air left aircraft lift system which is designed replace the catapult it's troubled we've got problems with

well really the u.s. wars are a form of absolute terror there's no other way of explaining secret rendition torture should not being targeted assassinations drone attacks on countries which the us is not even in a declared war whether it's in pakistan somalia yemen. and and hundreds of drowned surveillance over countries all over the planet all of this is a form of release date terror and a must be linked to defense of our rights right here because the people of the war on when when the sovereignty of every country is under attack of course it resonates here at home because everyone here who speaks out for their rights also is increasingly finding themselves targeted the occupy wall street movement targeted. the muslim population as a whole targeted way but it's about in there but president obama has promised to keep the military in check to make sure terror suspects are treated fairly isn't that some reassurance. well there has been no fairness in the way those even charged with terrorism have been treat

u.s. arms export and export reforms after a flurry of foreign sales ended september 2011. but first president obama made a rare visit, that will shape some $490 billion in spending cuts over the coming decades, cuts to be detailed next month when the administration's 2013 budget request goes to congress. the new strategy scraps the long standing policy that the u.s. military be able to fight two major wars at once and it would shift to asia as ground forces are cut in favor of air and naval power. is this the right strategy, will it yield on a tighter budget, and what will it mean for pentagon and the industry that supply it. joining us now are david bertow and lauren lexington. welcome back to the show. >> welcome and then i want your take on this. >> the strategy was tight about eight page, is it the right strategy and what will it mean. >> this has to answer a couple of critical questions. one thing we have debated for a long time as we looked at the draw down is what do we need the mil

when the u.s. invasion began almost went into hiding from an increasingly wary northern alliance but his freedom didn't last shuckers supporters maintain he was sold for a bounty went into the hands of the northern alliance who were warlords basically and he actually thought all the americans that my goodness it will save me from the torture that he's had lots of torture by the way but no he was transported to the internet and back he has remains despite president obama's original election pledge to close guantanamo altogether despite being cleared for release and despite being a legal permanent resident in the u.k. with family in london which includes one son he's never even seen and fall for a moving closer to being freed shuckers supporters see worrying developments in the us is attitude to extrajudicial detention obama recently signed the national defense authorization act which places domestic terror investigations into the hands of the military and extends a ban on transferring prisoners out

the u.s. military is in for a facelift after president obama announced america's focus would fall on establishing its dominance in asia the plan calls for a shift to special forces operations improved surveillance and cyber warfare capability long sought a slight reduction in ground forces but got to reports there are still plenty of questions. the new strategy is to move away from ground wars from long term stability operations to mobile wars where the u.s. can as we don't put out a put it shift and deploy forces to fight any enemy anywhere they said they're going to invest heavily in new capabilities seen drone scene space technology is to give the u.s. military this whole new shape which is the defense secretary said it will be nothing like the cold war or the post cold war military meaning they are moving away from ground wars told words air wars toward the intelligence war so to speak the u.s. is pull troops out of iraq would still leave thousands of contractors behind president obama sai

permanently deployed u.s. troops to israel that was a small contingent of a couple hundred troops what we see now though is this much larger exercise not unprecedented but definitely something that is going to have an impact right now as we see this sort of tit for tat in confrontation between the u.s. and iran so we are seeing a lot in that region as you just mentioned this permanent presence and now with this massive military exercise yes and this is i mean this is to set up this is for a contingency plan but i would argue that this is a contingency plan that we're going to see in acted if we don't find a way to change course the idea is that we're there to be a massive war in the middle east presumably with iran that we would be ready to have a set of command within israel and actually have israel set up a command center in europe at the u.s. european command and israel at this point seems that both the ready and willing to go to war with iran so if they do i mean will the u.s. automatically join them. well

certainly the u.s. companies that have a majority of their sales into the u.s. or into emerging markets which you want to avoid is u.s. equities that do in the 40% or more in the even markets being in the euro surface. we see a recession for most of 12 for the euro zone. if you got exposure to some of the emerging markets continuing to grow you will do well. look for dividend yields. there's still a lot of yields out there in the marketplace and look for those companies that are actually category killers the folks doing extremely well and out pacing. >> susie: can you give an example of the kind of stocks you're thinking of in terms of dividends or these other factors. >> if you look at other factors for example, consumer, we heard a lot from the consumer over the back to school and holiday shopping season, we have consumer numbers out. one of companies doing very well is the limited. victoria secrets and bet bed, -- bath and body works. it's a company in large part does well and has continued to do well. and it's dependent on a consumer that continues to be in

citizens so landry and frank and it want to take out the u.s. citizens part of landry's house proposal came with the following statement is that any statute that could possibly be interpreted to allow the president to detain american citizens without charge or trial is incredibly alarming frank and express similar concern saying it to not give people a hearing to not give an american citizen the right to have his case heard in a court i think that's one of our basic rights once we start getting rid of our basic rights we're in trouble and frank and landry are the only ones that are trying to use their political powers to fight this broad sweeping bill senator dianne feinstein try to change the contentious element of the bill to exempt american citizens but that was rejected by a majority of republican senators however she's trying to reintroduce that amendment and it seems to be gaining some support this time around let's not forget that senator carl levin claim that it was the administration which pushed for u.s. citizens to be included in lang

soldiers and and let's let it be known that the u.s. military is not a representation of what these people are but these people are a product of war and when you go to war barbaric human nature is brought out and i mean this isn't new the native americans how it were subject to scalping and did scalping themselves and there was the cutting off of the ears in in vietnam and there was a whole lot of barbaric prepares behavior that happens when you go to war now you can say that this is an isolated case that you know not necessarily this this doesn't necessarily represent all of soldiers in the u.s. military but the action of a few can have profound consequences how can this incite even more violence i mean in other words is this video going to cost more alliance. yes it will just show it just to remind people of a few incidents that occurred a while back there was the burning of the koran that happened with. jerry jones as then there was the abu ghraib incident and before then there was the decision to invade iraq that had nothing to do w

second, the u.s. government for very good reason does not want to make itself the story in this case. as far as the action is concerned, admiral mullen has confirmed having received the memo, having concluded that it was not credible and having, therefore, decided to do nothing about it. that, essentially, is the only action that was taken by the u.s. government. with the poisonous state of u.s./pakistan relations at the moment, the u.s. government would not consider that it was doing either itself or ambassador haqqani any favors by raising its profile and becoming to any greater extent than is already inevitable a part of the story. so you're not going to see a u.s. government position paper on the credibility or otherwise of jaz. >> i would add a footnote. his role model seems to be that of the main character in the woody allen movie called zelig. [laughter] and in all critical world events for his whole life, it's a marvelous film. he's everywhere. and i think maybe that's jaz's vision of himself.

back to u.s. stocks, drug maker amylin saw strong volume and a big rally thanks to the f.d.a., giving the okay to its diabetes drug. shares shot up 17.5%. volume was 10 times normal. the drug was rejected twice by regulators wanting more info on the side effects to the heart. the medicine is injected once a week to treat type-2 diabetes. "u.s.a. today" owner gannet shed almost 7% after reporting another quarterly drop in advertising revenue for its newspapers and t.v. stations. the publisher said retailers recorded the biggest drop in ad spending between thanksgiving and christmas. share price slid 7%. we mentioned the big corporate buyouts earlier in the program. we had a couple of big companies announce asset sales. exxon mobil shed a fraction after selling its japanese subsidiary for almost $4 billion, giving up control of a refiner. u.s. steel fell almost 4% after agreeing to sell its serbian unit to that country's government. the company calls it a nominal price and expects to take a loss. th

u.s. has released employment data for december and the results beat market expectations. the u.s. labor department says the jobless rate dropped 8.5% from 8 .7%. the previous month. the figure was better than the market forecast of about 8.7% and the lowest in almost three years. employers generated 200,000 more jobs in the nonfarm sector, which sensitive to economic trends. the transportation and warehouse industry added 50,000 jobs. most of those gains occurred in the courier and messenger sector. >>> michael woodford's campaign to return to the top post at olympus is over. he says his tussle with the optical equipmentmaker has taken too much of a toll on his family. that means he won't lead a proxy fight on behalf of some investors to push for new management and a new board of directors in the wake of the company's accounting scandal. >> if i'd come back, even with the majority, olympus' main bank and creditor wouldn't want me. didn't want me, and i don't want to see that for olympus. i

in the u.s. group two point eight percent when it was expected that three percent growth would be shared and that the nasdaq is up by just a notch. and europe investors slightly depressed too with the g.d.p. stats that just came out in the us c. is down three quarters of a percent the dax point two percent mining stocks and energy stocks are weighing on in the city as b.p. shares on losing around one point seven percent this hour. this is the closing picture for rush hour negative now for friday the audience is down point four percent so was the my sex but overall the week was very strong with the r.t.s. up four point seven percent but my. one was sent at the end of friday sessions burbank one of the few gave a half a percent on the my sex gasp all down one percent and still make i am emma k. is down one point four percent with a market unimpressed with a seven percent production increase and twenty. the market was generally pretty flat after quite a strong day yesterday the market in general is

security or to u.s. interests really in the region and on top of that i mean there's no question that we that we can ignore or should ignore the what has been the rhetoric out of all sides i mean certainly there's a lot of hype and rhetoric around iran's relationships in latin america and there's no question these countries such as venezuela and cuba nicaragua and even ecuador that. is visiting on this trip are countries that don't share. very friendly policies and relations with the united states at least today and so that adds into what has been the exaggeration of the visit my duty judge it also comes at a time when of course the tensions between the united states and iran are at an all time high and so there's no question that that sort of fire to to this whole situation or crisis as some would say that's taking place between iran and the united states but in the end i mean it's it's not a vision that in any way is going to celebrate some kind of plan of attack against the united states that doesn't

these people are demanding an end to u.s. drone attacks on pakistani soil. u.s. government agencies, including the cia, have repeatedly used unmanned drone aircraft to attack the suspected terrorist and the islamic extremists. but pakistani said those operations have also caused many civilian deaths. the they became angrier in pakistan when the american held come and fighter jets in afghanistan, attacked border positions in northwest pakistan, killing 24 soldiers. the operations wereuspended in an apparent effort by the obama administration to stop ties with islamabad from worsening further. but on wednesday, pakistani government officials told nhk that the united states carried out its first drone attack in about two months. it took place in northwest pakistan. at least three people were killed. resuming the drone attacks threatens the region and the anti-u.s. sentiment in pakistan. it may also delay pakistani's reopening of separate routes for international forces in afghanistan which have been closed since the border incident in november. nhk world. >> and tur

army u.s. marine corps. navy and the air force so for the u.s. navy and for the u.s. air force they're the main winners in this they knew war for the shrinking you as budget. which is unveiling the plan was already drawing the ire of peace groups around the world many of them say the strategy is nothing but a military expansion disguised as a drawdown. this is not a step away from war this is not a step towards pacifism or a step towards a retreat from empire building it's actually the use of a military strategy that costs the american political leaders be they obama or whoever takes his place afterwards less on the home front if there are fewer american casualties of all the bleeding is done on the other side of all of the destruction is done by those who are suffering the consequences of air war they feel that there will be less antiwar sentiment at home so it's not a promise in the progressive directions what the obama administration and what the pentagon are doing in it and obama signaled that explicitly in his speech he puts again the primacy of the turn towards

u.s. dollars and this is extremely significant because every year india actually spends twelve billion u.s. dollars on iranian oil and now actually beijing is also saying that it might want to jump on board with the new delhi and also look into some sort of agreement with iran to continue to get oil new delhi and beijing actually account for forty percent of the imports of iranian oil the e.u. only counts for twenty percent obviously we've been talking about all week about this oil embargo that the e.u. announced on monday that they're hoping to roll out and put into place by chill live first and obviously if new delhi and beijing find a way to continue trading with iran using gold instead of u.s. dollars this would severely hurt what the european union and washington is trying to do russia has also said that it wants to continue trading with the run using domestic car and seize instead of u.s. dollars obviously the point of the e.u. oil embargo would be to bring iran back to the negotiati

u.s. and israeli forces are planning to hold a missile defense drill in the area following iran's recent ten day naval exercise . of the national iranian american council in washington d.c. claimed actions of america and israel indicate that they are preparing for war against iran which will turn out to be a massive middle east conflict. we're getting closer and closer to war with iran. anybody who argues that this you know kind of extraordinary confluence of events planned exercises by the u.s. and israel the exercises that iran was doing in the in the persian gulf we have sanctions in place with no diplomacy the only way that that is through confrontation back in september the u.s. actually provided israel with an advanced radar and for the first time actually deployed. permanently deployed u.s. troops to israel that was a small contingent of a couple hundred troops what we see now though is this much larger exercise not unprecedented but definitely something that is going to have an imp

so if the u.s. productivity numbers are coming through, the housing market proem, which was vast is towards the end of it being a problem and switching the, way, and you've got this energy situation changing, that's not a bad deck of cds. >> rose: so if the president came to you and said we have this problemn america with job creation. what we need to have job creation. we need companies to have demand, and, therefore, companies, once they have demand, bui eir inventory. therefore, they need new people. we need them to make that bet on their own company and, therefore oamerica. >> yeah. >> rose: that's what we need. what's missing from that happening? two scenarios, and neighbor a thd. one scenario says they're uncertain-- they argue about this. they're uncertain about demand and regulation and tax reform and all stuff. >> i think there are three bits which are missing, one of which perhaps is a simple thing called time. >> rose: right. >> as we creep forward at the margin, i think time is deliverin

in fact if you add the u.s. to china expind yeah, more than two thirds of the world's growth will be in those three countries. >> susie: what about oil prices? >> oil prices will meander around current levels unless there's a problem in the middle east and of course they go highermq7Ñih2ó and all bets a. >> susie: here you say u.s. earnings fail to beat estimates. but treasury rates rise. u.s. stocks post double-digit returns and u.s. stocks out perform international stocks. tell us what is going to be the catalyst to drive u.s. stocks higher? >> well the u.s. out performed as you know in 2011. we were up 2% in the average non-u.s. market was down 12. in part because corporations in america are delivering the results. we're in an environment where we think growth will continue to slow for earnings, call it 6% growth in 2012, add'nfor divide. a little bit of multiple or valuation improvement that could get us into double-digit territory. we have a 13-50 target for the s&p 500 with again the u.s. leading the way

the u.s. led sanctions and reduce its depends on oil imports. the japanese government is throwing its weight behind a u.s. led plan aimed at punishing iran. the finance minister is pledging to cut back on the amount of crude his country buys from the middle eastern nation. azumi met with timothy geithner in tokyo. geithner firmly asked for japan's cooperation on economic sanctions against iran. the u.s. is trying to block iran's oil trade by barring transactions between its central bank and foreign financial institutions. >> translator: japan depends on iran for 10% of its crude oil imports. but we will strive to cut imports as soon as possible. >> azumi said japan's trade with iran is not limited to oil imports. he called for a mother tomorrow on sanctions against other economic deals. treasury secretary timothy geithner says the iran sanctions must be put in place as soon as possible. but to make them effective he needs to get another country on side. geithner spoke with nhk world about the

in 2007, we started a u.s. office to start a u.s. presence. my company only has two full employees but we use a lot of contract employees or events and projects. our total payable has amounted to over $1 million and all profits have been reinvested in the u.s., nothing sent back to the uk. here is my experience with emigrations -- immigration's. 2002, they issued a visa. 2003, successfully renewed in the u.s. be given eight months to prove our viability. thanks to my attorney for her experience and patience. 2005, the says are renewed successfully. but we have to return to the u.k. for processing because the laws changed. basically, when i try to renew again, they did not believe that i was a manager. also, they refused to recognize our employee as a professional, even though a four-year degree would exactly mirror the situation. we have been in limbo for 15 months until last friday when we found out the appeal was dismissed on grounds similar to the original denial. at least we know now. or something as important as a green card process, ther

u.s. charges of breaching copyright it's all down to a british or american treaty that's being slammed unbalanced. iran has apparently found a way to stay in business despite a new oil embargo and. india is reportedly agreeing to pay iran in gold for its oil instead of using u.s. dollars reports suggest that iran's biggest customer china could follow suit. reports from new delhi. india actually has already bought iranian oil using gold instead of u.s. dollars and this is extremely significant because every year india actually spends twelve billion u.s. dollars on iranian oil and now actually beijing is also saying that it might want to jump on board with new delhi and also look into some sort of agreement with iran to continue to get oil new delhi and beijing actually account for forty percent of the imports of iranian oil the e.u. only counts for twenty percent obviously we've been talking about all week about this oil embargo that the e.u. announced on monday that they're hoping to roll

the u.s. as well as in china continues to have a very positive situation. in the u.s. it is very strongly influenced by the average age of the cars being higher than typically, so there is a demand to lag so to say which is coming through now. >> susie: tell us how -- >> and we have lagging industries like the construction industry where we really continue to see basically nothing happening here in the u.s.. >> suzanne: . >> susie: looking around the world i do want to ask you about europe, how are things looking in europe. we've been hearing a lot of forecasts calling for a recession in europe. what is that going to mean for your business? >> well, we do believe that there is a chance of a recession in europe and pressee high chance. the projections from bloomberg are minus 0.25%. overall now as henry kissinger said there is no telephone number for europe. so there is obviously huge differences depending on which country you go to. the interesting thing is, which i believe say very sensitive

u.s. sales showed solid growth too. the average receipt by u.s. customers was up 2%. shares hitting a new high, but they fell 2%, below $48 dollars per share, in after hours action. starbucks has been successfully raising prices and, despite forecasting higher commodity costs, the company still expects to improve its profit margins. green mountain coffee roasters, dropped more than 3%. an analyst report contends wal- mart will start selling a product competing against green mountain's popular single-cup brewers. yesterday, j.c. penney aimed to begin its makeover in the eyes of shoppers. today, the retailer went before stock analysts and the initial results are positive for shareholders. the stock shot up almost 19%. this is its highest close since september 2008. the company says its overhaul of more than 1,000 stores and its strategy to stop frequent price discounting will not hurt its profits this year. a bullish sign. the january jobs report comes out a week from tomorrow, but two recruitment stocks have run into selling. monster worldwide lost a fifth of its value

u.s. military threat that is the u.s. not the u.s. navy or air force it's the kind of truck tours for the u.s. navy for the u.s. navy and for the u.s. air force. they have there the main winners in this they knew war for this shrinking year as budget thank you jennifer so these military analysts thank you very much for your input. well coming out later in the program here in our power play in the persian gulf. a very big mistake and simply currently with iran which has as much regional power at the moment we take a look at the western scrambled corner iran a terror on accuses the e.u. of starting an economic war with its latest set of sanctions. plus hussein was hanged. for what fate awaits egypt's hosni mubarak we bring you the latest from the trial on the outside leader. but first what began as a symbol of a united europe is now at the heart of the crisis that's tearing it apart ten years ago and the euro is in real trouble with countries plagued by debt crisis remedies failing to provide fortunes are just as are sillier reports fro

the u.s. and japan work toward new sanctions on iranian oil while trying to avoid negative impacts on their economies. diplomats from the united states and japan are trying to cinch up the pressure around iran. they're meeting in tokyo to discuss new sanctions to block iranian oil. consumers in japan and elsewhere fear that could drive up the price of gas and slow economic recovery. japan gets about 10% of its oil from iran. the japanese side has asked the americans to be careful about how they impose sanctions. u.s. delegates said they'll try to avoid negative repercussions as much as possible. >> i am confident that as we continue to work with japan that they will -- that they will take the steps that are necessary. >> japanese representatives hope to get an exemption from the sanctions under certain conditions. they're exploring ways to reduce oil imports from iran. u.s. diplomats said they would make exceptions for some countries, depending on their trade with iran. the americans hope to u

clearly the u.s. military trying to do to contain the damage done in the eyes of many afghans, but perhaps also send a signal to those inside the u.s. military that this kind of conduct is absolutely, both deplorable but will also be punished as severely as possible. we're waiting to see what afghan public reaction will be to this video. remember, so many afghans here without television. very few with the internet. this story taking a while to percolate through afghan society. we've yet to see any protests. we feel a very strong reaction from the afghan president calling this inhuman and also the taliban referring to it as a barbaric video, but yet to see a massive afghan public reaction. although with that to emerge it could make it very difficult for the u.s. to retain security here, ex-dooit the drawdown as they hoped torques removing thousands of their troops. of course, in the back of people's minds are these nation peace negotiations happening in qatar. talks about talks in which u.s. officials

u.s. coming under fire after a number of cases where they looked the other way during emergencies. the e.u. has banned the import of crude oil from iran in response to its nuclear program the latest round of sanctions prohibits any new oil contracts while allowing for existing deals to run in told july but iran is apparently finding ways to keep business pumping report says iran will keep supplying one of its biggest customers out of india but will get payment in gold instead of dollars preassure reports from new delhi. india actually has already bought iranian oil using gold instead of u.s. dollars and this is extremely significant because every year india actually spends twelve billion u.s. dollars on iranian oil and now actually beijing is also saying that it might want to jump on board with the new delhi and also look into some sort of agreement with iran to continue to get oil new delhi and beijing actually account for forty percent of the imports of iranian oil the e.u. only counts f

as you know toward doha hosts u.s. centcom central command so there's definitely synergy there with whatever america's agenda is with regards to syria will be lockstep with the us this is not an organic . color revolution we're witnessing in syria libya has sent fighters to join the free syrian army that's reported in the mainstream news ok the united states is not with this security an opposition group hillary clinton in geneva a few months ago. being financially supported to being materially supported by turkey ok this is a rogue militia a paramilitary army comprised of foreign fighters ok these are not all syrians but kate as we saw in libya we had a lot of guys who are from other arab countries so who are involved in the libyans . i mean it was. this is this is a rigged game and i think syria is if they keep the pressure like they did with libya. it will be seen the same single benchley the regime. is engineered beginning and then it becomes a real crisis the u.s. allies are really wagering on this being the case.

yes u.s. president that the opposition in syria is would be for them within the regime and that changed at best and that is human of course but they want security and stability in syria and they want to change the regime without any fighting and without any blood and the other part of the opposition if you talk about the position and that their support they are divided they are divided they are not united they are from the left wing to the right wing including the islamic parties and the syrian national council and the larger your position on bella on saw only you are not a political visit all four of those divided opposition they are in my opinion there i invited to come to see that to participate in their government but they will not go there president assad was talking about ten miles deep but it is just that i think you would form a new government with the opposition inside syria transition period before the constitution and general election. no but you know as maybe it went and election m

as the health of an entire generation the u.s. department of defense says twenty five percent of young americans are too overweight to join the military and epidemic so bad experts say threats to national security. our short but quite telling unscientific poll found americans picking logic over the world of their lawmakers like pizza. he doesn't want it to mean a. real way to table some service but that's not enough for what it's like is much made of beer at all that's what. that's what the nutritional value of. the terrible whatever it is i don't think whatever they're feeding in public schools is terrible knowing that u.s. leaders have a hand in cooking up the greedy and can also leave a bad taste in many mouths or in a port in iowa r.t. new york with more firsthand experience now what it means to be an entrepreneur in russia has passed on this talks to ex-pats who are discovering the country's potential. but russian manages certainly have a perception problem even domestic companies tend to hire foreigners the evening local tim

the torture around in afghanistan the man in the u.s. the u.s. army hands over control of its main prison in the country within a month after claims inmates have been severely news. the french and german leaders are stressed the boosting economic growth is a priority as they try to stem the eurozone debt crisis in their first meeting of the new year they've also been calling for a quick conclusion to negotiations on a new treaty which will in shrine strict fiscal rules but is he going to report some worry that germany above all sees this as an opportunity to increase its political clout. billions of euros had been injected into the greek economy while its population has been given shot after shot of austerity measures in most cases that cement wages cut taxes raised my friend the famous composer. crees. compares it with a time before the fascism and what they are doing is to destroy the democracy greece is that democracy has seen the elected pm swept into the political gutter and replaced by an unelected technocrat who just happened to be a forme