Regime Change in Europe: Do Greece and Italy Amount to a Bankers' Coup?
The voice of the people isn't something the markets seem to want to hear these days. First there was Greece, the cradle of democracy itself, where early this month, the merest mention of a referendum offering its citizens a say in a series of severe austerity measures was enough to send the markets into a tailspin. The ultimate result: the collapse of Prime Minister George Papandreou's ruling coalition, the rejection of any notion of bringing the proposal before the people, and the installation of a caretaker government under the leadership of Lucas Papademos, a former vice president of the European Central Bank and, until earlier this week, a visiting professor at Harvard.
Then came Italy. As Athens threatened to go under, Rome found itself under pressure not so much for its level of debt — which though high is generally considered within the limits of sustainability — as much as for the erratic behavior of its flamboyant prime minister, Silvio Berlusconi. On Monday, investors seemed to make the collective decision that he could no longer be trusted at the helm of the euro zone's third largest economy and sent Italy's cost of borrowing up towards crisis levels. By the end of the week, not only was Berlusconi finished, so was the very idea of holding a vote to replace him. The markets had spoken, and they didn't like the idea of going to the electorate. "The country needs reforms, not elections," said Herman Van Rompuy, president of the European Council on a visit to Rome Friday.
Also the new Prime Minister of Greece was picked by US and EU bankers. Lucas Papademos got on a plane flew to Greece and become the Prime Minister in a day without being elected. And to top it off he was the one who introduced the Euro to Greece. This is an out and out conquest and land grab. To see this talked about openly in the MSM is amazing.
The world wide leaders do NOT want Democracy. They want financial dictatorship and they are going to get it if people don't revolt.