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

Burbia commented on tjdavis's blog post The Jewish Couple That Taught Bob Dylan Hebrew and Introduced Him to Zionism
"Haaretz put this story behind a pay wall. Sali Ariel and Terry Noble were the names of the couple…"
2 hours ago
William Heckman is now a member of 12160 Social Network
5 hours ago
cheeki kea commented on tjdavis's photo
7 hours ago
cheeki kea commented on cheeki kea's video
Thumbnail

This Woman DESTROYED Harley-Davidson's Future Forever

"It's a sad day on the highway. But I guess the show must go on. Watch out for the ruination of…"
8 hours ago
cheeki kea posted a video

This Woman DESTROYED Harley-Davidson's Future Forever

This Woman DESTROYED Harley-Davidson's Future ForeverWelcome to Ride Radar – Your Frontline Source for Motorcycle Deals, Trends & Market Mayhem.Looking for t...
9 hours ago
tjdavis posted a photo
15 hours ago
Burbia posted a status
"Who knew releasing the MLK files and literally deflecting, it ends up implicating himself with the Epstein Files."
yesterday
Burbia posted a video

Dan Bilzerian DEMOLISHES MAGA Nutjob Patrick Bet-David on His Own Show

Watch as two powerhouse personalities collide in this no-holds-barred debate on one of the world’s most contentious issues. Patrick Bet-David, known for his ...
Monday
Doc Vega's 7 blog posts were featured
Sunday
tjdavis's 2 blog posts were featured
Sunday
Less Prone favorited tjdavis's blog post Track AIPAC
Sunday
FREEDOMROX's blog post was featured

MRNA VACCINES: Question

Hello my fellow sojourners,I know it has been five years since the Plandemic, but one question has…See More
Sunday
Less Prone favorited FREEDOMROX's blog post MRNA VACCINES: Question
Sunday
cheeki kea commented on cheeki kea's photo
Saturday
cheeki kea posted a photo
Saturday
Doc Vega posted blog posts
Friday
Doc Vega commented on Doc Vega's blog post Marjory Taylor Green Proposes Bill Abolishing Geoengineering or Weather Modification
"cheeki kea Marjory is in a daily battle with Democrats on the hill constantly coming up with more…"
Friday
Doc Vega posted blog posts
Jul 16
Mr. Sizzle favorited Less Prone's video
Jul 15
tjdavis posted a photo
Jul 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