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View Diary: Elites Are Attempting a Controlled Demolition of the Old Social and Economic Order (285 comments)

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  •  "Goldman Sachs has taken over" in Europe? (15+ / 0-)
    The new president of the European Central Bank is Mario Draghi. This person was Vice Chairman and Managing Director of Goldman Sachs International and a member of Goldman Sachs' Management Committee. Draghi was also Italian Executive Director of the World Bank, Governor of the Bank of Italy, a member of the governing council of the European Central Bank, a member of the board of directors of the Bank for International Settlements, and a member of the boards of governors of the International Bank for Reconstruction and Development and the Asian Development Bank, and Chairman of the Financial Stability Board.

    Obviously, Draghi is going to protect the power of bankers.

    Italy's new prime minister, who was appointed not elected, was a member of Goldman Sachs Board of International Advisers. Mario Monti was appointed to the European Commission, one of the governing organizations of the EU. Monti is European Chairman of the Trilateral Commission, a US organization that advances American hegemony over the world. Monti is a member of the Bilderberg group and a founding member of the Spinelli group, an organization created in September 2010 to facilitate integration within the EU.

    Boy, do I hate those conspiracy theories, especially when they turn out to be apparently close enough to the truth that they explain the observed data better than the official theories.

    48forEastAfrica - Donate to Oxfam The Dutch kids' chorus Kinderen voor Kinderen wishes all the world's children freedom from hunger, ignorance, and war.

    by lotlizard on Sun Nov 27, 2011 at 11:22:34 AM PST

    •  lotlizard, here are some excerpts (8+ / 0-)

      from an article in Le Monde i posted in swellsmans' diary this morning.( apologies to those who have already seen this.)

      Bid for global dominance
      Now that it has a former director at the head of the ECB, a former intermediary leading the Italian government, and another in charge in Greece, the bank’s antagonists are eager to highlight the extraordinary power of its network in in Frankfurt, Rome and Athens, which could prove extremely useful in these turbulent times.

      here are some brief descriptions of their ties to Goldman Sachs.
      Heavyweight members figure large in the euro crisis
      Draghi was Goldman Sachs International’s vice-chairman for Europe between 2002 and 2005, a position that put him in charge of the the “companies and sovereign” department, which shortly before his arrival, helped Greece to disguise the real nature of its books with a swap on its sovereign debt.
      Monti was an international adviser to Goldman Sachs from 2005 until his nomination to lead the Italian government. According to the bank, his mission was to provide advice "on European business and major public policy initiatives worldwide". As such, he was a "door opener" with a brief to defend Goldman’s interest in the corridors of power in Europe.

      The third man, Lucas Papademos, was the governor of the Greek central bank from 1994 to 2002. In this capacity, he played a role that has yet to be elucidated in the operation to mask debt on his country’s books, perpetrated with assistance from Goldman Sachs. And perhaps more importantly, the current chairman of Greece’s Public Debt Management Agency, Petros Christodoulos, also worked as a trader for the bank in London.

      Two other heavyweight members of Goldman’s European network have also figured large in the euro crisis: Otmar Issing, a former member of the Bundesbank board of directors and a one-time chief economist of the European Central Bank, and Ireland’s Peter Sutherland, an administrator for Goldman Sachs International, who played a behind the scenes role in the Irish bailout.

      here's the article. it's a good read.

      Shame is the New Black.

      by dear occupant on Sun Nov 27, 2011 at 12:21:49 PM PST

      [ Parent ]

    •  everything goldman sachs touches, turns to shit (6+ / 0-)

      for the 99%.
      goldman disciples are now the director of the ECB, Italy and Greece. does anyone really beleive this will turn out well for anyone but the 1%?

      you don't have to be a c.t. to not like the color of this picture.

      Shame is the New Black.

      by dear occupant on Sun Nov 27, 2011 at 12:45:54 PM PST

      [ Parent ]

      •  My Goldman-Sachs neighbor's job turned to shit. (1+ / 0-)
        Recommended by:

        He had to sell the 6000 sq ft house, the Tahoe, and the Mercedes sports car and retreat to the house in Australia after he was summarily laid off (his work visa meant he was tied to the one employer). Pity, they really were nice neighbors; liked the British and Australian accents.

        Moderation in most things.

        by billmosby on Sun Nov 27, 2011 at 02:45:10 PM PST

        [ Parent ]

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