Bankers Undemocratically Installed As Heads Of Italy And Greece

Pg-12-eurozone-graphicIn case you missed it, over the past eight days, the prime ministers of two major European nations stepped down. The newly appointed, not elected, leaders of Italy and Greece will be Mario Monti (formerly of Goldman Sachs) and Lucas Papademos (formerly head of the Central Bank of Greece). A signal that marriage between capitalism and democracy is coming to an end? The Independent writes:

The ascension of Mario Monti to the Italian prime ministership is remarkable for more reasons than it is possible to count. By replacing the scandal-surfing Silvio Berlusconi, Italy has dislodged the undislodgeable. By imposing rule by unelected technocrats, it has suspended the normal rules of democracy, and maybe democracy itself. And by putting a senior adviser at Goldman Sachs in charge of a Western nation, it has taken to new heights the political power of an investment bank that you might have thought was prohibitively politically toxic.

This is the most remarkable thing of all: a giant leap forward for, or perhaps even the successful culmination of, the Goldman Sachs Project.

Simon Johnson, the former International Monetary Fund economist, in his book 13 Bankers, argued that Goldman Sachs and the other large banks had become so close to government in the run-up to the financial crisis that the US was effectively an oligarchy. At least European politicians aren’t “bought and paid for” by corporations, as in the US, he says. “Instead what you have in Europe is a shared world-view among the policy elite and the bankers, a shared set of goals and mutual reinforcement of illusions.”

Read the rest at The Independent

33 Comments on "Bankers Undemocratically Installed As Heads Of Italy And Greece"

  1. Dane Collins | Nov 18, 2011 at 7:35 pm |

    I remember a time when I thought a lot of conspiracy theorists went too far…

  2. I remember a time when I thought a lot of conspiracy theorists went too far…

  3. Anonymous | Nov 18, 2011 at 7:52 pm |

    I’m confused–so are they saying that Italian and Greek citizens have no legal obligation to obey unconstitutionally established authorities?  That makes no sense.  That’s like morally legitimating outright revolution.

    Oops.  Cats out of the bag.  Wonder how the U.N. Declaration of Human Rights will treat this one.

  4. Liam_McGonagle | Nov 18, 2011 at 3:52 pm |

    I’m confused–so are they saying that Italian and Greek citizens have no legal obligation to obey unconstitutionally established authorities?  That makes no sense.  That’s like morally legitimating outright revolution.

    Oops.  Cats out of the bag.  Wonder how the U.N. Declaration of Human Rights will treat this one.

  5. Almost makes them seem kind of quaint, no?

  6. Almost makes them seem kind of quaint, no?

  7. Goldman Sachs! Are you fucking kidding me!!?? 

  8. Goldman Sachs! Are you fucking kidding me!!?? 

  9. Insidertrader | Nov 18, 2011 at 10:16 pm |

    This is perfect and does not surprise me.  You find two of the biggest goons from two of the most corrupt organizations in the world to run your country.  The world is officially going to hell in a hand basket. 

  10. Insidertrader | Nov 18, 2011 at 6:16 pm |

    This is perfect and does not surprise me.  You find two of the biggest goons from two of the most corrupt organizations in the world to run your country.  The world is officially going to hell in a hand basket. 

  11. Mysophobe | Nov 19, 2011 at 12:25 am |

    Cut out the middle men (democratic representatives beholden to the banksters)? I saw some headlines the past couple of days to the effect of “Euro Debt Crisis Averted!” I’m guessing they just found a way to better disguise it on the books, or to bleed more money out of Italy and Greece, or both. Reminds me of what happens when the mob “invests” in a troubled restaurant/bar. Next we’ll hear that there’s lots of money to be made by outside contractors who specialize in implementing austerity measures.

  12. Mysophobe | Nov 18, 2011 at 8:25 pm |

    Cut out the middle men (democratic representatives beholden to the banksters)? I saw some headlines the past couple of days to the effect of “Euro Debt Crisis Averted!” I’m guessing they just found a way to better disguise it on the books, or to bleed more money out of Italy and Greece, or both. Reminds me of what happens when the mob “invests” in a troubled restaurant/bar. Next we’ll hear that there’s lots of money to be made by outside contractors who specialize in implementing austerity measures.

  13. Unlike Obummer,
    who only takes his money and instructions from the banksters,
    the EU has decided to do away with the sham of separation
    and has installed the banksters as “heads of government.”

    Even more interesting is that Greece
    has installed a representative from Goldman Sacs
    the company that created the EU & US financial crises.

    While the US is busy “protecting” itself from terrorists
    the bankster terrorists are winning control.

  14. BuzzCoastin | Nov 19, 2011 at 12:14 am |

    Unlike Obummer,
    who only takes his money and instructions from the banksters,
    the EU has decided to do away with the sham of separation
    and has installed the banksters as “heads of government.”

    Even more interesting is that Greece
    has installed a representative from Goldman Sacs
    the company that created the EU & US financial crises.

    While the US is busy “protecting” itself from terrorists
    the bankster terrorists are winning control.

    • This is what happens when you default the entire country. What else did you expect?

  15. Anonymous | Nov 19, 2011 at 4:31 am |

    …Yep. There goes the last of my faith in humanity. Don’t know how I held onto it for so long, but it’s gone now.

    Fuck it. whatever. 

  16. MadHierophant | Nov 19, 2011 at 12:31 am |

    …Yep. There goes the last of my faith in humanity. Don’t know how I held onto it for so long, but it’s gone now.

    Fuck it. whatever. 

  17. This amounts to a bloodless coup by Goldman Sachs.

  18. This amounts to a bloodless coup by Goldman Sachs.

  19. Looks like the battle between corporations and governments is finished in the favor of corporations in Southern Europe.

    Interesting thought: How much do you want to bet that Ayn Rand danced in her grave when Peikoff told her about this? Imagine, her worldview installed – INSTALLED – in Europe, and without an actual apocalypse going on.

  20. Looks like the battle between corporations and governments is finished in the favor of corporations in Southern Europe.

    Interesting thought: How much do you want to bet that Ayn Rand danced in her grave when Peikoff told her about this? Imagine, her worldview installed – INSTALLED – in Europe, and without an actual apocalypse going on.

  21. Anarchy Pony | Nov 19, 2011 at 6:09 pm |

    Kind of makes you wanna vomit a little bit huh?

  22. Anarchy Pony | Nov 19, 2011 at 7:07 pm |

    Quick! Invest in guillotines!

  23. Anarchy Pony | Nov 19, 2011 at 3:07 pm |

    Quick! Invest in guillotines!

  24. Bobsanderssmith | Nov 20, 2011 at 7:31 pm |

    If you can’t take a country over by physical force without causing a stir.   Then take it over from within.  Control it’s resources or cut them off.  Money, food and water, etc.  Basic military like tactics.  I believe it’s called the grand strategy.  Sun Tzu, Von Clausewitz would be proud that someone in the modern era has taken their tactics to a whole another level.  Plus these bankers didn’t need to use a military incursion to accomplish it. 

    Some examples: Monsanto and Chase Bank.  Monsanto makes the seeds for most of the agriculture grown stateside.  Not only that there is rumor that those seeds only grow with their fertilizers and chemicals. It dosent take rocket science to figure out the rest.  Chase bank, well all I can say is : shady deal done over weekend to acquire a vast amount of real estate in the United States via WAMU and George W.  Next thing you know their stock does a triple and there is Chase ATM on every corner.

  25. Bobsanderssmith | Nov 20, 2011 at 7:31 pm |

    If you can’t take a country over by physical force without causing a stir.   Then take it over from within.  Control it’s resources or cut them off.  Money, food and water, etc.  Basic military like tactics.  I believe it’s called the grand strategy.  Sun Tzu, Von Clausewitz would be proud that someone in the modern era has taken their tactics to a whole another level.  Plus these bankers didn’t need to use a military incursion to accomplish it. 

    Some examples: Monsanto and Chase Bank.  Monsanto makes the seeds for most of the agriculture grown stateside.  Not only that there is rumor that those seeds only grow with their fertilizers and chemicals. It dosent take rocket science to figure out the rest.  Chase bank, well all I can say is : shady deal done over weekend to acquire a vast amount of real estate in the United States via WAMU and George W.  Next thing you know their stock does a triple and there is Chase ATM on every corner.

  26. Bobsanderssmith | Nov 20, 2011 at 7:31 pm |

    If you can’t take a country over by physical force without causing a stir.   Then take it over from within.  Control it’s resources or cut them off.  Money, food and water, etc.  Basic military like tactics.  I believe it’s called the grand strategy.  Sun Tzu, Von Clausewitz would be proud that someone in the modern era has taken their tactics to a whole another level.  Plus these bankers didn’t need to use a military incursion to accomplish it. 

    Some examples: Monsanto and Chase Bank.  Monsanto makes the seeds for most of the agriculture grown stateside.  Not only that there is rumor that those seeds only grow with their fertilizers and chemicals. It dosent take rocket science to figure out the rest.  Chase bank, well all I can say is : shady deal done over weekend to acquire a vast amount of real estate in the United States via WAMU and George W.  Next thing you know their stock does a triple and there is Chase ATM on every corner.

  27. Bobsanderssmith | Nov 20, 2011 at 3:31 pm |

    If you can’t take a country over by physical force without causing a stir.   Then take it over from within.  Control it’s resources or cut them off.  Money, food and water, etc.  Basic military like tactics.  I believe it’s called the grand strategy.  Sun Tzu, Von Clausewitz would be proud that someone in the modern era has taken their tactics to a whole another level.  Plus these bankers didn’t need to use a military incursion to accomplish it. 

    Some examples: Monsanto and Chase Bank.  Monsanto makes the seeds for most of the agriculture grown stateside.  Not only that there is rumor that those seeds only grow with their fertilizers and chemicals. It dosent take rocket science to figure out the rest.  Chase bank, well all I can say is : shady deal done over weekend to acquire a vast amount of real estate in the United States via WAMU and George W.  Next thing you know their stock does a triple and there is Chase ATM on every corner.

  28. Anonymous | Nov 20, 2011 at 9:29 pm |

    This is what happens when you default the entire country. What else did you expect?

  29. As if they didnt have enough power already.

  30. As if they didnt have enough power already.

Comments are closed.