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Introducing Italy's Brand New Government
It is oddly fitting that Goldman Sachs, which now has Europe by the short and curlies, would make the first official introduction of its puppet Italian government.
From Goldman's Francesco Garzarelli
Italian PM designate Mario Monti has unveiled the composition of his Cabinet. Key Ministries are taken by high profile and widely respected figures, mostly from academia and the civil service. In a departure from the ‘technocrat’ government of Ciampi in 1993, the Monti government has no elected representatives. PM Monti will lay out his government’s program tomorrow in the Senate, ahead of a vote of confidence. Broad bipartisan support for the new government is expected, at least initially. PM Monti is likely to hold office until general elections are held in the Spring of 2013.
Highlights:
Prime Minister: Prof. Mario Monti – former EU Commissioner (1994-2004) and President of Bocconi University. His deputy will be Prof. Antonio Catricalà, currently head of the antitrust regulator.
Finance Minister: Mario Monti. Junior ministers will be appointed in the coming days and, according to the press, could include well-known economics professors.
Labor and Welfare Minister: Prof. Elsa Fornero, a highly respected expert in social security. Prof Fornero heads the Centre for Research on Pension and Welfare policies – an Italian research institute at the University of Turin.
Economic Development Minister/Infrastructure/Transport: Corrado Passera, currently CEO of Intesa Sanpaolo – the largest Italian domestic bank.
Foreign Minister: Giulio Terzi di Sant’Agata, the current Italian Ambassador to the United States.
Justice Minister: Prof. Paola Severino, who lectures in law at LUISS University in Rome.
Interior Minister: Anna Maria Cancellieri, who has been prefect (a senior law enforcer appointed by the central government) in several Italian provinces (the layer of local government between municipalities and regions, which the previous government planned to scrap).
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Who is going to be the Ponzi Minister?
That's for the "back office operations" of Goldman Sachs to know and for you to find out.
The EU needs a Brazillian.
Goldman is traditional. It's usually the Cultural Exchange attache who is the CIA Station Chief, that or some PR flak from Halliburton.
Economic Development Minister/Infrastructure/Transport: Corrado Passera, currently CEO of Intesa Sanpaolo – the largest Italian domestic bank.
WTF is this? Same as a guy from a sinking US bank leaving for a shittyly paid government position to cash in early their unvested stock awards and get a no-tax on capital gains Monopoly card. Timmay anyone? Paulson? Corzine?
Three times Bilderberg attendee. 'Nuff said.
Whoa. Banker, Academic, Businessman..... Hahaha! Sure, they will save Italy!
ORI
Me on Youtube
All the matter are a little dazzle, a little hope, and a few more weeks of kicking the can.
here's hoping italians have the home adresses of these clowns!
ayayayayay...
Why are the Italians ok with being usurped by bankers?
Same reason Americans , Brits, French , Germans etcetcetcetc zzzz , are.
Apathy.
Or did you think bankers have not been running America? Same ole same ole.
Wait for more pain. Wait for double digit food inflation and triple digit fuel inflation. Then more divide and conquer and more sheeple missing the point and arguing with one another. If you think this is tough i hope we are both around and free in 5 , 10 years to reminise about the good old days (of which 08-11 are still)
because they don't leave you another choice.
Look at Papandreu. He tried to let his people choose via referendum, has been bullied by Merkozy, and has given up the referendum.
Same shit with the Lissabon treaty. They force you to vote until you vote for the approval, no matter if the irish people have rejected it once or twice already.
Europe is a dictatorship
blablabla, he had months for a referendum proposal, and it was the Greek Parliament that did not listen to him
this "Europe is a dictatorship" meme is a bit lame... "They force you to vote until you vote the approval" is probably the lamest... Please, I'm not that informed about the vagaries of Ireland: did Ireland's electors vote yes or no?
whenever I make avances for sex it's the last answer that is relevant, too
at the end it's all blablabla damn continentals not having the same political culture as us..
"technical" governments (badly translated in English in "technocratic", which is a slightly different concept) are also a recurring fixture in Sweden, they call them there "Minority Governments".
Fugazy Minister?
re-arranging deckchairs on the titanic... (again)
but orchestra keeps playing music
but this time it might not sink...
Its like watching a James Bond movie or GI Joe cartoon. You see these ridiculous concepts of criminal organizations that run the world and you say, "yea that could never happen, its so unbelievable". And then you turn on your TV and see it on the news.
Well said.
beer for You , or deer - You can eat it if You want
Good coalition, much better than whatever crap there is in the US Congress. Republican presidential wanna-be candidates especially are ignorant freaks. You really wanna one of those idiots to run USA?! If one of those are elected, the future of USA will be looking very dim.
The USA is already on auto-dim.
I'lll take the Republicans over the DemoCommieNazis any day. :)
Then you have learned nothing at all.
Also Nazi's killed communists in Germany indeed they were a violent reaction to the rise of Communism in Russia. It's like saying Republevangelicalmuslims. It doesn't make any sense and makes you look like a moron, of course so does your support of EITHER main political party.
Watch from 1:49 http://www.youtube.com/watch?v=I7GM1tH4Wu0&feature=related
"Oddly Fitting" ?
Better headline: GS installs new italian govt puppets.
I've got a better one:
Communist President installs new Italian Government
funny how nobody notices President Napolitano's origins here
When do we eviscerate these guys, like il duce?
A total takeover of a sovereign nation without a bullet being fired. Simply amazing.
See my reply to hansel above. Its happened before , will happen again. So the Italian wolves have just decided to peel off their sheeps clothing. So what. Nothing new. Take a look at whatever government runs whatever country youre from. I guarantee its no different apart from offering you a choice between eating a turd or having the turd rubbed in your face.
But, but, but, there will be free elections in 2 years, tops.
[/sarc.]
SOB...non of them look like they're going to pratice some bunga bunga any time soon
Amazing how many Kool-Aid guzzling market participants believe that changing the government can solve EU debt problems (yes it can, but only by defaulting or restructuring the debt ["voluntary" or not "voluntary" but the debt has to be eliminated]).
Monti priorities in order of importance!
Enrich himself
Protect GS
Protect ECB
Protect mistresses
Protect cronies
The last and one and its the one he will not work on is: Protect the Italian economy by not allowing the Eurocrats to pile the problems on future generations that did not have anything to do with the Euro experiment.
Mario Monti -
European chairmen of the Trilateral commission
leading member of the Bilderburg group
international adviser to Goldmen Sacks
founding member of the Spinelli Group which is dedicated to total EU political and economic integration
and now Prime Minister of Italy...as the Pope calls for a one world bank.
are you fuckin' serious?
it's a Banksters world, we're all just slaving in it.
With the bankers in charge of the countries they can now sell off their assets/wealth.
If Monti is a professor, he'll realize the EZ crisis is akin to a single equation with two variables.
The Technocrats are in charge now, this is where we need a new Chancellor, a strong Chancellor....
<incessant cackling>
The Technocrats are in charge now, this is where we need a new Chancellor, a strong Chancellor....
<incessant cackling>
I knew it damn it! I knew the Sith were behind this all along!
Scientific socialism!! Yay!!!!
Ahh, now I feel better. For sure Italy will rally now and bring Spain, Portugal, Ireland, Greece and France with it, much better.
C cutting more jobs. American airlines closer to pursuing bankruptcy, we are broke and Obama wants to add military strength to Australia. What planet am I on. And 3 digits on oil.
3 triple digits were also just handed from US to the chosen people
what a bunch of worthless people... italy's game over within 3 months!
A bloodless coup
porte girevoli puttane
Sed libre nos a malo :(
libera (not libre)
this past weekend CBS had a news(ha-ha) break during a football game, the first thing was Monti talking over Italy and showed him coming out of church wearing a suit (such a good man) and no mention of Goldman Sachs connection. Full court press by MSM to show him as the adult in charge
who is representing the 99% ?
Ain't u?
OT: Had to post these headlines from Italian State Treasury
*ITALY TO SELL EU430 BLN OF BONDS IN 2012, CANNATA SAYS
*CANNATA NOT `THRILLED BY COST OF ITALY'S FUNDING
*CANNATA DOESN'T EXPECT IMPACT ON DEBT BY HIGHER ITALY YIELDS
*ITALY CAN'T BE COMPARED WITH GREECE, CANNATA SAYS
*CANNATA SAYS 'HURT' BY ITALY COMPARISON WITH GREECE
i can understand that he does not want italy to be compared to greece: italy is much worse!!!
bunga is missing from the list!
I guess this is the full Monti?
I think the Italian people would be better off with Karima el Mahrough. I know I would be.
all the new ministers are either banksters or bureaucrats. "academics" my a$$, they are all part of the state machine, mere bureaucrats, and except the ones who worked in banks and that in order to earn a living had to steal and mug, the others never had to produce anything of value in their life. the chances of this lot to be of any use to steer italy from hitting the rocks is exactly zero. goodbye italy, good thing that i left the sinking ships 15 years ago.
Cancellierari will be the problem for these bloks. She won't roll over for the administration when it comes down to the skullduggery they commit.
Nigel Farage (must watch):
http://www.youtube.com/watch?feature=player_embedded&v=ULns-cSUeVs#!
hilarious
so Nigel Farage is complaining also that Berlusconi, the elected PM of Italy, had to go...
agree, it's a must watch
He is? When?
Sounds to me like he is criticizing the Eurocrats for removing him.
that's what I mean
the guy simply does not make sense to me
he is an elected EU PM criticizing "the unelected Eurocrats" for "removing" an elected PM
I'd say he is EuroConfused and I believe the whole press corps in Blighty is in this state
That independent trader was right. Goldman Sachs DOES rule the world.
Is that Mario "Bilderberger" Monti that is the Prime Minister and Finance Minister? No elitism there! Oh, those lucky, austerity-imposed Italians!
Monti's role: "a rrimette le corna a le lumache." Good luck with that.
Now, in a parallel universe, a brilliant leader allowed to pick his own team without regard to party political machinery, might herald the chance for a talented and effective government of 'the best of the best'.
Pity we live in this universe......