Goldman Sachs is well known for its corrupting influence at the highest levels of federal and state governments in the United States. Many of their numbers have infested the Federal Reserve, the office of Secretary of Treasury, or became governors of states. Now, they are taking over foreign governments. The Guardian reports the following:Democratic accountability has become a secondary virtue, desirable but expendable. In Italy and Greece, the former Goldman Sachs bankers Mario Monti and Lucas Papademos, having been parachuted into highest political office, are set to raise retirement ages and cut state spending without having to canvass for a single vote. George Papandreou's attempt to hold a Greek referendum over a new bail-out package led to his ejection from office before the ballot date was even set. In Rome, Monti has not even bothered to include a single elected politician in a cabinet which must perform the most painful economic transformation in Italian postwar history.
The restlessness is already palpable. Whistles and jeers, from both right and left, greeted Monti as soon as he took his prime ministerial seat. Italians are bemused at the speed and nature of the "takeover", however much they delight in the fall of Silvio Berlusconi.
Goldman Sachs is a key player in this whole financial mess. God only knows how far their corruption extends. And I seriously doubt that it ends in Italy and Greece.
Source: http://www.guardian.co.uk/business/2011/nov/20/eurozone-crisis-european-union-plans
No comments:
Post a Comment