When confronted by a story like this you might think the BBC would be all over it but you’d be wrong:
From the Telegraph:
EU officials plotted IMF attack to bring rebellious Italy to its knees
The revelations about EMU skulduggery are coming thick and fast. Tim Geithner recounts in his book Stress Test: Reflections on Financial Crises just how far the EU elites are willing to go to save the euro, even if it means toppling elected leaders and eviscerating Europe’s sovereign parliaments.
The former US Treasury Secretary says that EU officials approached him in the white heat of the EMU crisis in November 2011 with a plan to overthrow Silvio Berlusconi, Italy’s elected leader.
“They wanted us to refuse to back IMF loans to Italy as long as he refused to go,” he writes.
Geithner told them this was unthinkable. The US could not misuse the machinery of the IMF to settle political disputes in this way. “We can’t have his blood on our hands”.
This concurs with we knew at the time about the backroom manoeuvres, and the action in the bond markets.
It is a constitutional scandal of the first order. These officials decided for themselves that the sanctity of monetary union entitled them to overrule the parliamentary process, that means justify the end. It is the definition of a monetary dictatorship.
An unelected EU plots to bring down the government of a member country…..nothing to see here…move on.
Ironically and perhaps hilariously the BBC does report this: ‘Five rivals for the EU’s top job have argued over the economic crisis, immigration and other key issues for the 28-nation bloc in a live TV debate…….This debate – and others – is being heralded as a major step towards making Europe and its institutions more democratically accountable .’
The EU and ‘democratically accountable’…two phrases never before and never likely to be uttered together in one sentence…at least not unless as part of a comedian’s routine.
Shame about the coups plotted by the EU against national democratic institutions.