Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzI4MTUyMjMwX0JFREJDMjNC] [b]Italy and Greece: Rule by the Bankers - "Technocratic governments" ruling on behalf of financial markets[/b] by Michael Roberts Global Research, Socialist Project and Thenextrecession.wordpress.com November 13, 2011 Both Greece and Italy will be ruled by so-called ‘technocratic’ governments. Even though both Greek prime minister George Papandreou and Italian prime minister Silvio Berlusconi were elected comfortably in parliamentary polls and were never defeated in any vote of confidence in parliament, they have been ousted – to be replaced by unelected ex-central bankers and former executives of hedge funds and investment banks. From now on, financial markets will rule directly over the lives of the Italian and Greek people. Democracy should be put above markets, said Papandreou. Berlusconi said that the appointment of a government of technocrats would be “an undemocratic coup” that ignored the 2008 election result. But it is still happening. In Greece, Lucas Papademos will become prime minister. He was head of the Greek central bank when Greece joined the euro and boasts of his leading role in achieving that. Now he takes over in order to keep Greece in the euro, a decision that now President Nicolas Sarkozi says was “a mistake.” Papademos was in charge when Greek officials lied about their fiscal position to the EU authorities and he presided over the failure of the Greek government to collect taxes from rich Greeks (like himself). But he is now the financial markets’ own man. Greece is to be run by the very man most responsible for getting them into this mess. It's like Alan Greenspan taking over as President of the United States after Wall Street demanded President Obama step down for failing to cut entitlement spending enough to balance the budget! [b]CONTINUE AT: http://globalresearch.ca/index.php?context=va&aid=27637[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Obama turns 'prepper,' warns of coming 'crisis' 'Families should assemble a disaster supplies kit'
DANGEROUS SUNSPOT ALIGNING WITH EARTH
Giant sinkhole in Durham is ‘becoming bigger’ every second, landowner warns
California drought is so severe it’s ‘causing the Ground to move’
Are You Brushing Your Teeth with a Carcinogenic Endocrine Disruptor?
Mind Control Scientists Turn Off Emotional Link to Memories
Wall Street Admits That A Cyberattack Could Crash Our Banking System At Any Time
Robots Could Learn How to Herd Humans Like Sheep: Study
Flint Michigan Considers Distributing Scientology Book To Save City
Prof Threatens To Lower Students’ Grades For Saying ‘Bless You’ After Sneezes
One of NSA’s Biggest Contractors Will Now Be Recording Your License Plate Numbers
By 2020 Only Cars That Speak to Each Other Will Be Allowed on the Road
Debt, Vaccines and Food as a Weapon: When International Aid is Used for Population Control
Did You Know? 1 in 6 Children Now Has a Developmental Disability in the U.S.
MH17 Fully Exposed! You Won't Believe the Shocking Truth
On a Budget? Pink Slime is Back to Save You Money!
USGS Study: Yellowstone Eruption Would Send Ash Across North America
National Progressives Want A "Federal Czar" To Oversee Local Police Forces
Fed Vice Chairman Warns: Your Bank May Seize Your Money to Recapitalize Itself
Some Bay Area Residents Report Mysterious Flashes In The Sky During Napa Quake
Geneticist Traces Mysterious Origins of Native Americans to Middle East, Ancient Greece
How to Opt-Out Of Forced Vaccinations
Report: Bilderberg 2015 Location Discovered
Mysterious Phony Cell Towers Could Be Intercepting Your Calls
Dozens of police departments suspended for losing US military-grade weaponry
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.006s (12 queries)