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Goldman Sachs International Advisor Mario Monti Is Italy's New Prime Minister

Tyler Durden's picture




 

Not on even a Sunday is the headline barrage over:

  • MARIO MONTI ASKED TO FORM NEW ITALIAN GOVERNMENT
  • MONTI TO MAKE COMMENTS AFTER ACCEPTING OFFER TO LEAD ITALY
  • MARIO MONTI THANKS NAPOLITANO FOR OFFER TO FORM GOVERNMENT
  • MARIO MONTI SAYS ITALY MUST BE PROTAGONIST IN EUROPE
  • MARIO MONTI SAYS HE'LL ACT TO SAVE ITALY FROM CRISIS

And so the international advisor to Goldman Sachs drones on. In the meantime, the €300 billion in BTP sales is set to resume in just over 13 hours.

Yet the reason why the EURUSD is less than jubilant on the news is that Silvio apparently has just come back from the dead and has treatened to "pull the plug" on Monti.

From the FT:

The markets may soon discover that the Bocconi University professor’s room for manoeuvre will be limited by the political realities of a parliament where Silvio Berlusconi’s People of Liberty party remains the largest force.

 

The public humiliation of Mr Berlusconi on Saturday night – his motorcade chased through the streets and crowds of thousands screaming abuse as he handed in his resignation – reflect the extent of the ex-prime minister’s fall from grace.

 

But as he defiantly told a party leadership meeting hours earlier, they still retain the “golden share” in Mr Monti’s enterprise, particularly in the senate.

 

“We are ready to pull the plug,” Mr Berlusconi was quoted as saying.

 

While many are talking of the end of the Berlusconi era and one man’s dominance of Italy’s centre-right politics for almost 18 years, Vittorio Feltri, an editor close to the departing prime minister, cautioned that the “death of Berlusconismo and the centre-right is exaggerated”.

 

From accounts of Mr Berlusconi’s two-hour meeting with Mr Monti over Saturday lunch it was clear that the 75-year-old billionaire media baron placed his own personal and party interests above those of the nation as he tried, but apparently failed, to extract concessions in exchange for his support.

 

One condition was that Mr Monti, in implementing austerity measures and reforms, would stick to the contents of the “letter of intent” presented by Mr Berlusconi to last month’s eurozone summit. That would rule out the emergency measures of a wealth and property tax, and possibly an overnight raid on bank deposits, which Mr Monti is said to be considering if Italy is denied access to financial markets.

 

However, although Mr Berlusconi may be talking tough his reality is that his party risks splintering and that any threat to “pull the plug” and force Italy into early elections, perhaps next spring, would be vetoed by the markets.

The squid abides:

But on the political fringes there are already those portraying Mr Monti – who is listed by Goldman Sachs, the investment bank, on its board of international advisers – as a tool of the “masters of the universe”, along with Mario Draghi, head of the European Central Bank and former Goldman Sachs executive.

 

This is the band of criminals who brought us this financial disaster. It is like asking arsonists to put out the fire,” commented Alessandro Sallusti, editor of Il Giornale, a Milan daily owned by the Berlusconi family.

From the most recent Goldman annual report:

Translation: in under two weeks, Goldman has taken over both the ECB and Italy.

 

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Sun, 11/13/2011 - 17:35 | 1874138 Dave Thomas
Dave Thomas's picture

Ugh, this is like being nauseous with violent gastritis from drinking too much Popov vodka, not being able to sleep, then having a really bad Woody Allen movie come on.

Sun, 11/13/2011 - 17:42 | 1874142 NuYawkFrankie
NuYawkFrankie's picture

Hey - my Boxed Trifecta -  Goldman to outright run or own 3 countries by the end of 2011 - just came in!!!

With USA already in the bag, and ex-Squidite Papa-WTF takin over in Greece last week, this breaking news of GoddamSquid alumnus taking charge in It-lee just pushed me over the top!  YeeHaaa!!!! 

Sun, 11/13/2011 - 17:49 | 1874143 TheAkashicRecord
TheAkashicRecord's picture

 

 

Full Monti: 

  • European Chairman of the Trilateral Commission
  • Leading member of the Bilderberg Group
  • International adviser to Goldman Sachs

LPAP: 

 

  • Member of Trilateral Commission 
  • Worked as Senior Economist at Federal Reserve Bank of Boston
  • Head of Greece's Central Bank when Goldman Sachs was helping the Greek govt mask the true extent of its deficits via derivative deals 

“euro area financial system is robust and well-capable of withstanding shocks…balance sheets of…banks…have continued to strengthen” [Lucas Papademos, ECB Financial Stability Review June 2006]

 

Nice!

 

Sun, 11/13/2011 - 17:41 | 1874146 zippy_uk
zippy_uk's picture

Countries with Dictators/military Governments in Europe since 1933:-

1. Germany 2. Italy 3. Spain 4. Greece 5. East Germany 6. Poland 7. Romainia 8. Bulgaria 9. Albania 10. Hungary 11. Checkoslovakia (as it was) 12. Latvia 13. Lithuania 15. Estonia 16, Yugoslavia (as it was) - probably some others I have missed also.

Other associates - Soviet Union

Most blood shed place on the planet due to war - Europe

The area with the most extreme political forces, left or right - Europe

Number of fashist states : 3 (Germany, Italy, Spain) - rest of world - 1 (Chile)

Number of communist states : 11 (all of old warsaw pact countries)

Notable individuals from times gone by - Napolean (France)

Nuclear armed nations (in EU) : France - associates (Russia)

Lets hope that these EU technocrate solve these problems, and don't create a situation where angry young people lose even more hope and elect "one of their own" to take over the EU.

Most notorious democratically elected genocidal maniac - Adolf Hitler (Austria)

Sun, 11/13/2011 - 17:58 | 1874165 Racer
Racer's picture

 

Most notorious democratically elected genocidal maniac - Adolf Hitler (Austria)

 

And in the US corner you have the un-elected Genocidal ChairSATAN

Sun, 11/13/2011 - 20:25 | 1874345 walküre
walküre's picture

All the wars were financed by the banking cabal on Wall Street.

Everytime the cabal was looking for expansion of power or their game to collect interest (usury) without lifting a finger (ever) was about to implode, a war happened somewhere in Europe where BOTH SIDES got financing "options" from the cabal on Wall Street.

Isn't it time we move ahead and rid us of the cancerous cabal?

 

Sun, 11/13/2011 - 17:56 | 1874159 chump666
chump666's picture

Yes Silvio has the tradition to give the people what they want, the Sicilians knew how to do that well.  Point is, a Goldman Sachs hack is now running Italy, a damn economist who will protect the interests of Wall Street and French/German banks...as he will slice into the Italians and suck what is left of the wealth out of them so that they can keep the greedy incompetent European banks afloat.

Silvio is playing game, he is probably going to win.  As stated, Monti the 'protector'' of Italy debt and yields will make a meal of it all, the Italians will protest/riot/blow things up and Silvio waits in the wings.  Comes in, says we go back to the Lira and exit the EU...with out France and Germany's blessing.

Despite that, Italian 10yr will head back to 7% end week once the political chaos kicks in...

Sun, 11/13/2011 - 18:27 | 1874198 AndrewCostello
AndrewCostello's picture

This makes me sick.  These Banksters are taking over the world and the public is just sitting by, idle and ignorant to what is going on.  It is time to form some kind of real resistance to this.  If we don't form a rebellion, then we deserve our doom.

 

Read:

http://www.amazon.com/Simple-Wealth-Mr-Andrew-Costello/dp/1463523017/ref

Sun, 11/13/2011 - 18:28 | 1874200 bonderøven-farm ass
bonderøven-farm ass's picture

LMFAO!  GS running the entire fucking global financial ponzi and we here in the USSA have a 'front-running' ex-Federal Reserve chairman for the Presidency.  We get what we deserve you worthless, apathetic, facile, shits.   

I'm long serf-dom and PM's, Bitchez........!

Sun, 11/13/2011 - 18:30 | 1874201 tom a taxpayer
tom a taxpayer's picture

Sickening. Sovereign governments in Europe capitulating to Goldman Sachs and international bankstas. Just like the U.S. government capitulated to Goldman Sachs and international bankstas.  The only hope is that the people in Greece or Italy or other Euro country might take strong, effective action against the capitulation, like in Iceland. Not likely to see that kind of strong, effective action in the U.S. 


Sun, 11/13/2011 - 18:36 | 1874208 sbenard
sbenard's picture

This guy's resume reads like a "who's who" of every major conspiracy group on the planet. The Trilateral Commission, the Bilderberg Group, David Rockefellar, etc. are all there. He even has a new LIFETIME appointment as a Sentor in Italy. Good grief. No elitism in Europe, I'm sure!

Sun, 11/13/2011 - 18:50 | 1874221 Carlyle Groupie
Carlyle Groupie's picture

http://www.10000women.org/

Lotsa support for the bitchez!

Sun, 11/13/2011 - 20:07 | 1874321 Bansters-in-my-...
Bansters-in-my- feces's picture

They must be putting Valume in the public drinking water.

Sun, 11/13/2011 - 20:22 | 1874341 walküre
walküre's picture

Italy's Communists are having a field day.

If Monti gets shot by a muslim patsy who happens to have an Iranian passport among others, will Germany have to join a coalition to fight Iran?

Now the Berlusconi farce of political leadership makes total sense! Goldpussy was working feverishly to get their man installed but couldn't get Berlusconi to leave unless Italy's debt issue would implode.

Expect calm in the markets and a big push upwards.

The "fix" is in. The Goldman "fix" that is. I hope Italians are showing some backbone, Germans will pay attention and raid Goldman's offices and expell every US banker.

Sun, 11/13/2011 - 20:42 | 1874372 Majere
Majere's picture

Would love to see a document made up of all the current and ex goldman/Fed/CB that are intertwined with each other in all facets of the banking and government worldwide.  Would also like to see sometheing that would explain a lot of what is going on for the sheeple to learn from. So many people that just don't understand and get what is going on and why.  How manipulated the education and economic system is. 

I really don't see a way out of all of this, unless those doing this $&^! are removed from the equation.

Sun, 11/13/2011 - 20:55 | 1874393 loveyajimbo
loveyajimbo's picture

Well, the reign of the scum-lords continues... although if they want Italy and Greece, they can have them...  As long as Blankfein walks the earth, trouble abounds.  Hint hint.

Sun, 11/13/2011 - 21:20 | 1874433 HITMAN56
HITMAN56's picture

Well Holy Shit, pass the ammunition

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