View Full Version : 1% taking over Italy and Greece

11-16-2011, 05:27 PM
Big Finance moves in!

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Greek Prime Minister Georgios Papandreou and Italian Prime Minister Silvio Berlusconi have both been forced from office and replaced by representatives of big finance. Mario Monti, who will replace Berlusconi, was formerly the European Chairman of the Trilateral Commission and a member of the Bilderberg Group. He is also listed on Goldman Sachs board of international advisers.

Lucas Papademos, who will replace Papandreou, was formerly the Vice President of the European Central Bank (ECB), and served as Senior Economist at the Federal Reserve Bank of Boston in 1980. He’s also been a member of the Trilateral Commission since 1998.

It’s also worth noting that the ECB’s new president, Mario Draghi, is a trustee at the Brookings Institution, a Fellow of the Institute of Politics at the John F. Kennedy School of Government at Harvard, a former member of the Board of Directors of the Bank for International Settlements, and a former Managing Director at Goldman Sachs.

Global banking is an incestuous business where pedigree is everything. One’s personal history indicates their commitment to the system and whether they can be trusted to implement the policies that directly benefit finance capital. This new group of so-called “technocrats” will use their power to impose harsh austerity measures aimed at crushing the unions, dismantling the pension system, and privatizing public assets. Their belt-tightening policies will intensify the slump, shrink government revenues, increase unemployment and foment social unrest. As more of the eurozone’s leaders are replaced by bank hirelings, opposition to further eurozone integration will appear in the form of nationalist groups demanding a withdrawal from the 17-member monetary union. Peaceful protests will turn in pitched battles with police and state security forces as working people fight to have their voices heard. These confrontations will grow more commonplace as the economy deteriorates and desperation increases. Here’s an excerpt from an article in the World Socialist Web Site titled “Greece and the Dictatorship of Finance”:

“The situation is reminiscent of Germany in the 1930s. Then, German Chancellor Heinrich Brüning, a centrist politician, sought to impose the impact of the international financial and economic crisis on the population with drastic austerity measures. He ruled through emergency measures, relied on the powers of the president and the parliamentary support of social democracy, and suppressed opposition to his austerity policies with brutal police operations. Brüning paved the way for the rise of the Nazis and their subsequent takeover of power.

The development in Greece is heading in the same direction. [...]</div></div>

More of this Mike Whitney piece here. (http://www.counterpunch.org/2011/11/14/big-finance-moves-in/)

11-16-2011, 06:17 PM

11-16-2011, 07:00 PM

11-17-2011, 02:22 AM
Maybe you missed this. link (http://dailybail.com/home/max-keiser-short-film-on-greece-heres-what-happens-when-your.html)

If Greece was a company that was on the rocks, would they be forced by the banks to borrow ever more money - that they can't pay back - just to keep paying their creditors?


11-17-2011, 05:21 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: synchronous</div><div class="ubbcode-body">German Chancellor Heinrich Brüning </div></div>



11-17-2011, 05:54 AM
Greece shood.....
1. Invade Poland, and Czechoslovakia.
2. Form an aliance with Italy and Japan and The Vatican.