What price the new democracy? Goldman Sachs conquers Europe - Business Analysis & Features - Business - The Independent
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.
http://www.independent.co.uk/news/business/analysis-and-features/wh...
Comment
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Comment by Anonymiss Express on November 21, 2011 at 10:27am
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labguage=language of course :D
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Yes, I agree, language is very important, and by calling it a brotherhood of man, you create that. I wish humanity to win, and so we have to be very careful of our labguage, and not frame our desires within their language.
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They're much more scared of a sisterhood of women.
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Yeah. And we're getting close to uncovering the plot by tracking the money streams and people are waking up to that and discovering that for themselves (the most convincing and desired way too ~ developing a critical mindset and not giving away self-power again), so they'll probably try to start a war next. They did the previous times.
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