Seeking to force the opposition parties and the trade unions to abandon their token opposition and rally behind a national effort to impose austerity, Papandreou announced plans to hold a referendum on the issue. The financial elite responded with the worst run on world markets since 2008, while ruling circles in Berlin and Paris decided that Papandreou had shown himself to be irresolute.This report illustrates how the capitalist version of democracy typically functions. The real power that determines the major decisions regarding austerity measures in Greece don't even need to be citizens of any particular country: Merkel and Sarkozy have decided that it is time for Papandreou to go. He apparently committed the sin of deciding on a Greek referendum which he didn't clear with them and the European ruling class. "But wait, there's more!"
Even after abandoning his referendum demand, Papandreou was told to go by German Chancellor Angela Merkel and French President Nicolas Sarkozy.
Merkel, Sarkozy, Papandreou, etc. are the paid servants of the class of people who are hidden behind the facade of democracy and shaping it for their ends. They are merely the forms that the wizards of the ruling class take to deceive the people into believing that they must submit to generations of debt slavery, and that there is no alternative. But, like the Wizard of Oz, they are being exposed by the Occupy Wall Street activists.
...the all-powerful Wizard is exposed and his true identify revealed. Far from a mighty magician, "Oz, the Terrible" is merely a "humbug," a wizened old man whose "power" is achieved through elaborate acts of deception. The Wizard is simply a manipulative politician who appears to the people in one form, but works behind the scenes to achieve his true ends. Such figures are terrified at being exposed; the Wizard cautions Dorothy to lower her voice lest he be discovered and "ruined."