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Greece - the bank d’etat is now complete

bits and pieces on this development
from:  http://www.occupiedlondon.org/blog/
Lucas Papademos, of the European Central Bank, is the new prime minister in Greece: the bank d'etat is now complete
Thursday, November 10, 2011

Lucas Papademos, the former vice president of the European Central Bank (only until last year) has been demoted to the position of the Greek Prime Minister.

The democratic regime is finally fully revealing itself for what it is - a regime does not bother with the sham of elections when things get too tight. How desperate an attempt to maintain any resemblance of order, how doomed the ruling class seems, united in its dismay.

It sounds like a sitcom joke, or maybe a strange feeling that perhaps those at the echelon of power might have a sense of humour after all, even if it's a twisted one — but it's true...

In the near-incomprehensible sequence of events unfolding before our eyes, democracy is unveiling itself for what it really is — nothing more, of course, than a means to protect and perpetuate the existing system of power and domination. The fact that the veil of any sort of "representation" or "consensus" has dropped can be a positive one: resorting to showing its brute face is a sign of weakness on the side of power, and a hint of some great opportunities on the side of our own.

from  http://wsws.org/articles/2011/nov2011/gree-n10.shtml

...The Guardian's Larry Elliot wrote a perceptive comment yesterday, noting, "The real decisions in Europe are now taken by the Frankfurt Group, an unelected cabal made of up eight people: [IMF Managing Director Christine] Lagarde; Merkel; [French President] Nicolas Sarkozy; Mario Draghi, the new president of the ECB; José Manuel Barroso, the president of the European Commission; Jean-Claude Juncker, chairman of the Eurogroup; Herman van Rompuy, the president of the European Council; and Olli Rehn, Europe's economic and monetary affairs commissioner... What matters to this group is what the financial markets think not what voters might want."

...The political and media establishment express the fear that the ruling class is unleashing an eruption of the class struggle that the servile trade union bureaucracy and their pseudo-left allies will be unable to contain.