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Two weeks ago, I wrote about the end of Europe’s great experiment with democracy. Not only have countries across the continent been forced into a one-vote, one-time arrangement which bears a striking similarity to the National Socialist plebiscite approach, but now the unelected European Commission is utilizing the financial muscle of the International Monetary Fund and the European Central Bank to remove duly elected officials and install unelected heads of government.

In Greece, Lucas Papademos was sworn in as prime minister last week. He is not a member of Parliament, has never been elected to office and is a former Federal Reserve economist. In Italy, Silvio Berlusconi resigned under pressure and is being replaced by Mario Monti, a former European commissioner and Goldman Sachs adviser. Like Papademos, Monti is an economist who has spent his career in the employment of the international banks and has never been elected to office. He has, however, been appointed to the rather ominous sounding position of senator-for-life. Fortunately, he has yet to make any statements concerning the reliability of the railway schedules.

The media are describing these new unelected governments of Greece and Italy as “technocratic.” They are also openly non-democratic. Indeed, to the extent that they are espousing policies that are directly to the contrary of those supported by the vast majority of Greeks and Italians, they are downright anti-democratic.

To put this in perspective, it is as if President Obama were to resign under the pressure of the leading holders of U.S. Treasury bonds, which is to say the nations of China, Japan and the United Kingdom, and an economist educated at Oxford and employed by the Bank of Japan, were to be sworn in as the new president of the United States. Such an action is perhaps technically more feasible in a parliamentary system, but it is no more democratic or reflective of the will of the people.

The question is not if this anti-democratic wave is going to continue, but rather, how long America’s neocons, the preachers of world democratic revolution, will continue to argue that America must invade Syria and Iran on the basis of their insufficient democracy while simultaneously ignoring Europe’s slide into technocratic bankocracy, a slide that has been underwritten in part by the Federal Reserve and the American taxpayer’s contribution to the IMF. Surely if the lack of democracy in Iraq justified an invasion there, the end of democracy in the place of its birth, Athens, demands an immediate restoration under the aegis of American arms!

Why was it that at the most recent Republican debate, the CBS moderator did not ask the candidates about their position on invading Greece and Italy? If the world democratic revolution is to continue to sweep the globe for the benefit of mankind, how can any backsliding into authoritarian oligarchy be permitted, particularly when the potent historical symbols of Athens and Rome are concerned?

The events of the last two weeks have shattered the 50-year myth of democracy’s inevitable progress. What will be the next nation to fall from the ranks of the democratic nations of the world? Will it be Portugal? Will it be Spain? Or will it be the United States?

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