Italy and the end of representative democracy

It stated on The World at One on the BBC that Mario Monti is a member of the elite Bilderberg Group. He has attended their meetings with other heads of state and companies. Is his appointment part of a wider agenda?

The new Italian PM used to work for Goldman Sachs...
The new Greek PM was a European Central Banker....

Ironic that the country Greece, that gave us democracy, was prevented (by 'the reaction of the markets') from having a referendum on the austerity atrocity that is now about to be imposed on the people of that country.

Whilst we bomb Iraqis and Libyans into democracy, at home Investors and markets now dictate what the people must endure and dictate the public policy of so called sovereign governments.

Nothing could highlight the clear dialectic gulf between democracy and social justice on the one hand and the ideological construct that 'markets' must control everything on the other than what's happening in the so called infectious European states who will spread the 'contagion' like the rats that brought bubonic plague.

Why has not one 'main stream' media economic pundit commented on what caused the Goldman Sachs man to take power in Italy?, You know, the banksters said "hey Italy your in huge debt we'll have to put up interest rates, hey now you're in bigger shit so we'll have to increase rates again". A negative feedback loop that lets investor banksters get their mucky hands on the tax revenues to feed their greed for sovereign debt. It's not the first time these fuckers have pulled this trick.

Fuck Markets, Investors and their minion bankster scum.

Comedy's Over now for the Drama !!!

Socializing losses: Trilateral takeover of Europe?
Published: 13 November, 2011, 19:07
Edited: 13 November, 2011, 19:10
 http://rt.com/news/europe-debt-crisis-takeover-215/
The sovereign debt crisis tightening its grip on Europe has claimed the scalps of two prime ministers – those of Greece and Italy. Looking at the men poised to replace them, one cannot but ask – is this another turn of the screw for ordinary people?
Greece and Italy hold huge swathes of public debt they are unable to service unless they get massive European Central Bank and International Monetary Fund support, as a prelude to refinancing by international banks.
Greece has already replaced its prime minister after he dared to say he would put a further round of harsh austerity measures to a referendum vote. The country’s new PM is Lucas Papademos, former vice president of the ECB and of Greece’s own Central Bank, and a member of David Rockefeller’s (JPMorgan Chase/Exxon) powerful Trilateral Commission.
As for Italy, the replacement for Silvio Berlusconi is the former European Commissioner Mario Monti, who happens to be European Chairman of the Trilateral Commission.
Whenever we hear of “sovereign debt crises” – whether in Mexico 1997, Brazil 1999, in my native Argentina in 2001/2, or today in Greece, Italy, Spain, Portugal, Ireland and (soon to come) the UK, France, or the US – what it really means is that governments cannot collect enough tax revenues from their people to pay interest and capital on debt that is mostly in the hands of private banking institutions.
Cutting through the Orwellian Newspeak (*) of the media, this means that the people of Greece, Italy, and Argentina must pay for the mistakes of bankers and corrupt governments, suffering higher taxes, unemployment, lower wages and pensions, and a deterioration in public healthcare, education, and infrastructure.
So, whenever there is a public debt crisis, “We the People” must pay for it.
However, when in September 2008 a private debt crisis exploded due to the derivatives swindle which buried Lehman Brothers, Merrill Lynch, AIG and many other private institutions, the US and other governments came to the rescue of the bankers, providing bailouts for banks “too big to fail” (Newspeak for too powerful to fail). They saved the likes of CitiCorp, Bank of America, JPMorgan Chase, Goldman Sachs with…. taxpayers money (TARP), and by having the FED (hyper)inflate the US dollar (know in Newspeak as “Quantitative Easing I, II and III”), which means passing a huge chunk of the cost of those bailouts on to the Rest of the World using the US dollar as global currency.
So again, irrespective of whether debt collapses are public or private, it is always “We the People” who pay because, under the current system, all profits are privatized and all losses are socialized.
But let us go back to Messrs Monti and Papademos. They sit on the Trilateral Commission together with hundreds of corporate chairmen and CEOs such as Ana Botin (Bank Banesto/Santander, Spain), Peter Sutherland (Goldman Sachs/BP, UK), Michel David-Weill (Lazard Bank, France), Jurgen Fitschen (Deutsche Bank, Germany), Stephen Green (HSBC, UK), Nigel Higgins (Rothschild Group, UK), Lord Guthrie(N M Rothschild, UK), Klaus-Peter Müller (Commerzbank, Germany), Dieter Rampl (UniCredito, Italy), Otto Ruding (CitiCorp Europe), Lord Simon of Highbury (Morgan Stanley, UK), Emilio Ybarra (BBVA, Spain), Robert Kelly (Bank of NY Mellon) Lord Brittan (UBS, UK), Robert Zoellick (World Bank), plus Timothy Geithner, Henry Kissinger and many, many others…
In fact, the Trilateral Commission articulates with the powerful Council on Foreign Relations (New York), Chatham House (London) and many other think-tanks forming an intricate web of private global power-brokers bringing together key players in finance, industry, media, government, academia, intelligence and the military, who run today’s global system focusing on their interests, and clearly not on those of “We the People.”
No doubt Messrs Papademos and Monti (if the latter becomes Italy’s new prime minister) will do everything necessary to ensure Italy and Greece do not default on their debts – but rather that their peoples endure all the hardship, undergo all the pain, and make all the sacrifices so that major bankers sitting on the Trilateral can all get their money back. Those who should never have made loans to Greece and Italy (and Argentina and Portugal…) the way they did.
 
Adrian Salbuchi for RT
(*) Newspeak – a fictional language of hypocritical euphemisms in George Orwell's novel “1984”.
Adrian Salbuchi is a political analyst, author, speaker and radio/TV commentator in Argentina
 

"It stated on The World at One on the BBC that Mario Monti is a member of the elite Bilderberg Group. He has attended their meetings with other heads of state and companies. Is his appointment part of a wider agenda?"

Yes, they are identifying it as a 'Technocratic' agenda which effectively means that for the time being, Italy will maintain a domestic economic policy governed by the external policy-makers in the EU. This will allow Italy to relax its domestic 'polity' and so free up the system from the troublesome influence of the left and right wings. Italy has a serious problem here.

The removal of Berlusconi removes the obstacle to EU-centric economic policy-making, replaces him with a 'technocrat' puppet and gets the nation on the road toward EU-centric economic policy-making in an attempt to stave off political and economic assaults against the EU from the United States and the UK.

At the moment there is a lot of talk about the worlds reserve currency, the US dollar, being replaced by the Euro which constitutes a terminal threat to US economic hegemony worldwide. If the Euro is able to make further headway here, the US dollar is likely to experience collapse leading to many traders around the world abandoning it. The 'reserve' status the US dollar enjoys currently makes up around 72% of the entire US trading 'wealth' and without it, the United States would be forced to abandon most of its military installations around the world along with executing the complete withdrawl of its entire deployments in Iraq and Afghanistan.

So we are currently witnessing a 'currency war' and at this stage, it looks as though the EU are winning. The US has failed to properly exploit the 'Greek Tragedy', has largely failed to exploit Italy's debt situation to its own advantage and has broadly failed to fully bring about the balkanisation of the EU in order to destabilise the Euro. There is no rush to the dollar, there is no movement by China on de-regulation of the Renminbi or freeing it up for trading on open markets.

Its been a skirmish, but also inconclusive. The US has failed to make the most of its now dwindling leverage.

A number of corporations around the world dealing with trade across the international arena have been quietly moving away from the US dollar over the past 6 months or so and the US has seen this.

That movement remains ongoing despite all efforts to halt it.