Italy’s Implant: Mario Monti Worsens Italian Crisis!

• Illuminist central banksters would like you to believe that they are saviors of the world. While they talk about helping Italy, they are taking actions to make things worst. Mario Monti was European Chairman of the Illuminist Trilateral Commission and a leading member of the Illuminist Bilderberg Group.
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  Mario Monti was elected president of the Italian Council of Ministers on November 16, 2011, leading to his resignation as European Chairman of the Trilateral Commission.
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  He is also the European Chairman of the Trilateral Commission, a think tank founded in 1973 by David Rockefeller.^[46] Monti is a leading member of the exclusive Bilderberg Group.^[47] He has also been an international advisor to Goldman Sachs^[48] and The Coca-Cola Company.^[49]
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• Don’t listen to what snakes hiss. They speak with fork tongue. Watch their actions. They are piling on even more debts to make the situation into a ginormous irretrievable problem. The intent is to collapse the system and bring about their One World Currency, Global Supra-National Central Bank, Luciferian New World Order –> ‘666’ ! (emphasis mine)
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  Italy’s Implant – Mario Monti Worsens Italian Crisis! 
  by http://wealthcycles.com/ 
  Reuters put out a piece last week claiming that the unelected Goldman Sachs International Advisor, Mario Monti, who happened into the Italian Prime Minister position, “has taken the gloves off in his fight to save Italy from disaster.” This is quite misleading.
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  Meanwhile we have written about the fact that austerity in the European Union (EU) is virtually nonexistent. (See What Austerity Measures?) As a reminder, austerity has nothing to do with taxation, and everything to do with a reduction in spending. To live austerely means to live far below one’s means. This especially pertains to governments, spending far less than they take in.
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  Here is the truth on austerity in Italy. Rate of increase in debt:
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  – Under € 2 billion per month up until end-1999
  – € 3.8 billion per month 2000 – 2007
  – € 6.4 billion per month 2008 – September 2011
  – € 9.5 billion per month September 2011- 2012 (Monti’s “Austerity”)
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  This is the opposite of fighting to save Italy. Let alone with gloves off. Another way to measure the failure of this unelected boss from the perspective of the Italian people is to look at how much more it costs Italy to loan cash today than it did a year ago.
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  When Monti came into office, the spread between German and Italian 10-year bonds was 78 bps. Today it is closer to 441 bps.
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  In fact, the Reuters and other puff pieces spawned from the original cite Monti’s self-imposed frustration, “exasperation with repeated delays in formulating an effective response to a crisis on bond markets.” Perhaps cutting spending would signal to the market that Italy is becoming more responsible?
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  German Federal Finance Minister Wolfgang Schaeuble said, “The high interest rates are painful, and they create a lot of anxiety… but the world does not go under if you have to pay for some bond auctions a few percent more.”
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  Belgian national bank governor, Luc Coene, said “buying the bonds of these countries would only serve to weaken the ECB [European Central Bank] and do nothing to resolve underlying issues of competitiveness. We haven’t forgotten what happened in August of last year: We bought Italian bonds and right after that the Italian government reneged on its pledges.”
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  Apparently the “responsible” action per Monti is to beggar-thy-neighbor. “Monti is trying to pressure German Chancellor Angela Merkel into agreeing to a European shield against high borrowing costs that are crippling Madrid and Rome.”
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