I have
often spouted about the financial coup in Europe. That illusion, our
so called democracy, has been replaced by an unelected leader in two
European countries, first Greece and then Italy, and in both cases
the new "leaders" are referred to as technocrats. As far as Europe is concerned,
Greece is a small fry economy, never the less, its elected government was removed because the Prime Minister had the audacity to suggest a referendum on the country's finances, Italy, on the other hand is a major
player in the European economic league and it is significant that in
the later case it is a Goldman Sachs man that has taken the reins.
Goldman Sachs stand to go belly-up if the major countries in Europe
default on their sovereign debt, So that can't be allowed to happen,
the public will be screwed as every penny of public spending will be
re-directed towards the national “deficit”, that must be paid or
Goldman Sachs is no more, and with the power they wield over the
political classes, they will make sure it is paid. Getting rid of the
elected government when there is a risk of them not throwing the
taxpayers money at the deficit fast enough, is just the natural step
for them, we can expect more Goldman Sachs coups in Europe as the
sovereign debt crisis deepens.
You don't need elections -- I'm a technocrat.
You'll find a more detailed explanation than my personal rant, HERE. A short extract follows.
Continue readingThe 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.
