What price the new democracy? Goldman Sachs conquers Europe - Business Analysis & Features - Business - The Independent

http://www.independent.co.uk/incoming/article6264098.ece/ALTERNATES/w620/Pg-12-eurozone-graphic.jpg

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.

It is not just Mr Monti. The European Central Bank, another crucial player in the sovereign debt drama, is under ex-Goldman management, and the investment bank’s alumni hold sway in the corridors of power in almost every European nation, as they have done in the US throughout the financial crisis. Until Wednesday, the International Monetary Fund’s European division was also run by a Goldman man, Antonio Borges, who just resigned for personal reasons.

More …

 

http://www.independent.co.uk/news/business/analysis-and-features/wh...

Views: 428

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by truth on November 27, 2011 at 5:13pm

"United States of Europe” Single Treasury plan emerged   http://ning.it/qTPSgA

Comment by Maria De Wind on November 22, 2011 at 7:04pm
Comment by Anonymiss Express on November 22, 2011 at 6:08pm

I merely co-facilitate the soapbox and do some technical support, so everybody that chooses to, can bestow riches.

Comment by Anonymiss Express on November 22, 2011 at 6:05pm

By all means. I run a soapbox operation. If you have an article or post that you wish to spread, one of the planks of the soapbox (big enough to stand on) is here: http://12160.info/group/openough

Comment by Anonymiss Express on November 22, 2011 at 5:18pm

Thank you both!

Comment by Maria De Wind on November 21, 2011 at 8:02pm
Comment by Anonymiss Express on November 21, 2011 at 6:13pm

Does not feel good. Need a break.

Comment by Anonymiss Express on November 21, 2011 at 4:10pm

Looks like I have a lot of research to do, and little time to do it in. :(

Comment by Anonymiss Express on November 21, 2011 at 2:54pm

That's a strange marriage. I think their children will not be considered Jewish by their own law? And he is said to be a "proud Jew"? Very odd ... I think you're right. Maybe something else behind this marriage.

Comment by Maria De Wind on November 21, 2011 at 2:48pm

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post
3 hours ago
Burbia posted a photo
yesterday
Millie P. Carlos is now a member of 12160 Social Network
yesterday
Sandy posted videos
Monday
Burbia commented on Ragnarok's video
Thumbnail

Charles Manson Talks About The Global Elite

"Another group of people that get disregarded are the the Process Church.  Deaths and strange…"
Sunday
Sandy posted a video

Captain fantastic scene (Bill of rights)

Scene from the movie "Captain fantastic"Uploader does not claim ownership of any of the footage used in this video. All credit goes to the respective owners ...
Saturday
tjdavis posted photos
Saturday
tjdavis posted a video

The UK Has Just Reached It's Boiling Point - Ricky Gervais

Ricky Gervais - Frustration still there a year on.Nicholaswatt reports what he has been told by a parliamentary veteran, who warns: "'My constituents feel th...
Saturday
Doc Vega posted a blog post

Terrorized on a 3 Day Weekend

 We had a holiday weekend coming up. My ex, whom I was sharing custody with was off for her…See More
Friday
Sandy posted videos
Aug 7
Sandy replied to Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
"Interesting. I always thought he was still alive. Probably given some plastic surgery and a witness…"
Aug 7
WIllow is now a member of 12160 Social Network
Aug 7
Burbia commented on Less Prone's video
Thumbnail

Sydney Sweeney Has Great Jeans - Outrage AI Parody Song

"Props to Schottenstein on his foray out of the woods that was DEI and wokeness. "
Aug 7
Burbia replied to Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
"One of the theories floating around was Hilary Clinton's brother Hugh, was the one…"
Aug 7
Sandy posted a discussion
Aug 7
Doc Vega posted blog posts
Aug 6
Less Prone favorited Sandy's video
Aug 6
Less Prone favorited tjdavis's video
Aug 6
Less Prone posted a video

Sydney Sweeney Has Great Jeans - Outrage AI Parody Song

AI Parody Music Video poking fun at the online hysteria surrounding Sydney Sweeney's American Eagle jeans campaign.✅ Blue jeans✅ Blonde panic✅ DEI gone wild✅...
Aug 6
tjdavis posted a video

How "Free" P*rn Sites Really Work (and Who Runs Them)

Excerpt from This Past Weekend w/ Theo Von #559 Laila MickelwaitFull Episode: https://youtu.be/9J7187j4PO4?si=2GUNymssKJpe6nEvFind Theo Von:Website: https://...
Aug 5

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted