Everyone knows that Italy's unelected PM, Mario Monti, is a former Goldman Sachs International 'advisor. [10]' As such, it is only natural that being part of the banking cartel he would do everything in his power to promote an inflationary agenda, one that seeks ECB bond monetization intervention, (another central bank headed by a former Goldmanite of course, who just happens to be Germany's most hated man [11]), perpetuates the status quo, and one that naturally contravenes everything that German citizens have been pushing for in their desire to avoid the risk of another hyperinflationary episode. Especially if, as is well-known, resolving Europe's problems, however briefly, facilitates an Obama re-election campaign because as conventional wisdom is also catching on, should Europe implode before November, Obama's reelection chances plunge accordingly. And yet, even as Goldman's tentacles had spread all over Europe (as seen here [12]), conventional wisdom was that Goldman's influence in Germany was relatively muted.
Wrong.
Meet US Ambassador To Germany Phillip Murphy [13], who successfully resolves the two key issues noted above courtesy of his professional experience as both a Senior Director at Goldman... as well as National Finance Chair of the DNC.
[14]Philip D. Murphy was confirmed by the U.S. Senate as U.S. Ambassador to the Federal Republic of Germany on August 7, 2009. He presented his credentials in Berlin to German President Horst Koehler on September 3, 2009.
Born in 1957, Ambassador Murphy is a native of the Boston, Massachusetts area. He graduated from Harvard University in 1979 with an A.B. in Economics and received an M.B.A. in 1983 from The Wharton School of the University of Pennsylvania. He and his wife, Tammy, have four children, Josh, Emma, Charlie and Sam.
For over six decades, Germany has been one of the United States’ closest allies and, as such, Ambassador Murphy is honored and humbled by the position he occupies. During the Cold War, the German-American relationship was defined by a divided Berlin, Germany and Europe. Today, the U.S. works side-by-side with Germany across the range of its global interests.
Engaging Germany’s youth, none of whom were born during the Cold War, is a major focus of Ambassador Murphy’s, whether through town hall meetings, exchange programs or his regular communication through a variety of social media. He often says, “the legacy of our time together in Germany will be measured by how well we ‘set the table’ for tomorrow, by how deeply today’s youth understand the ongoing relevance of the transatlantic bridge. They are tomorrow’s leaders and our investment in their future is our highest priority.”
Ambassador Murphy spent 23 years at Goldman Sachs and held a variety of senior positions, including in Frankfurt, New York and Hong Kong, before becoming a Senior Director of the firm in 2003, a position he held until his retirement in 2006. After leaving Goldman Sachs, he served from 2006-2009 as the National Finance Chair of the Democratic National Committee.
Over the years, Ambassador Murphy has devoted substantial time to civic, community and philanthropic affairs. He has focused his efforts on areas including civil rights, education, progressive and pragmatic public policy, urban development and a variety of issues related to his adopted home state of New Jersey.
We hope that completes any missing elements to the puzzle.
It will be truly delightful if instead of targeting the citizens of peripheral Europe who are no more at fault for any of the current socio-economic collapse than they are, Germans were to instead focus all their attention, anger and hatred on the one entity at the bottom of it all. You know who.