"A Hostage Situation": Greece Yields to Austerity Demands Just Days After Historic "No" Vote
|Lucy (the Greek government) pulled the old "Bait and Switch" on Charlie Brown (Greek citizens) again.|
European officials have expressed approval for the Greek offer ahead of a key meeting of European finance ministers on Saturday. The Greek Parliament is expected to vote on the bailout proposal today, just five days after an overwhelming 61 percent of Greek voters rejected similar terms. We speak to Mark Weisbrot, co-director of the Center for Economic and Policy Research. He is the author of forthcoming book, "Failed: What the Experts Got Wrong About the Global Economy."