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: 431

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 commented on tjdavis's video
Thumbnail

The Hunt - Official Trailer [HD]

"A former ANTIFA member was interviewed here recently and this would not be far from actual reality…"
yesterday
Doc Vega posted blog posts
yesterday
tjdavis posted videos
yesterday
tjdavis posted a blog post
yesterday
tjdavis posted a photo
yesterday
Doc Vega posted a blog post

Legacy of Supposedly Inferior Aircraft Outmatching Their Enemies

 We think of the Korean War aerial combat as the classic dogfights between the American F-86 Sabre…See More
Saturday
Doc Vega commented on tjdavis's blog post Cities,States Without Limits
"This is just another form of a feudal globalism dictated by corporate technocrats bragging about…"
Saturday
Doc Vega favorited tjdavis's blog post Cities,States Without Limits
Saturday
Doc Vega posted a blog post

What is Area 2 and What Goes on There?

 We have all heard of Area 51 and S-4, along with such terms as Water Town, Papoose Lake,…See More
Friday
Doc Vega posted a blog post

STRANGE THINGS HAPPENING IN YELLOWSTONE

It’s not the fact that Yellowstone National Park sits atop a super volcano that hasn’t erupted in…See More
Thursday
tjdavis posted a video

Austrian police raid house of man who leaked Israeli ambassador video making genocidal comments

In a new ITV documentary, Breaking Ranks: Inside Israel’s War, former Israeli soldiers describe how Gaza civilians were killed, often without warning, in an ...
Nov 20
Burbia posted a video

WARHAMMER 40,000 | 1980's GRIMDARK MOVIE

WARHAMMER 40,000 | 1980's GRIMDARK MOVIEThis is a Concept Movie Trailer made with the help of AI. This video is created purely for fun and out of curiosity a...
Nov 19
tjdavis favorited 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
Nov 19
tjdavis favorited 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
Nov 19
tjdavis commented on tjdavis's blog post THE ORIGINS OF THE WORLD ASSOCIATION OF SOCIAL PSYCHIATRY IN LONDON, UK IN 1964
"Tavistock Timing"
Nov 19
tjdavis posted a blog post
Nov 19
Doc Vega posted a blog post

The Ringside View

Down in the streets where the animals meetWhere tear gas flies and people get beatWhere…See More
Nov 19
tjdavis posted videos
Nov 18
tjdavis posted blog posts
Nov 17
Doc Vega posted a blog post

Is America on the brink of a Dire Emergency

 You might know if you have remained informed that America has been under asymmetric warfare for…See More
Nov 15

© 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