Greece is Being Looted, Despite IMF "Agreement" - Paul Craig Roberts

``The current newspaper headlines reporting an agreement being reached between the IMF and Germany about writing down the Greek debt to a level that could be serviced are false. No "creditor" has yet agreed to write off one cent of the debt. All that the IMF has been given by so-called "creditors" is unspecific "pledges" of an unspecified amount of debt writedown two years from now... The newspaper headlines are nothing but fluff that provide cover for the IMF to succumb to presssure and violate its own rules. ''