The Watchdog

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JANE BURGERMEISTER REPORT: ‘Brazen power grab by puppets of banks backfires in Austria’

Brazen power grab by puppets of banks backfires in Austria

Jane Burgermeister | April 16, 2011 at 3:35 pm | Categories: Uncategorized | URL:

An attempt to convince Austrians that a reshuffle of those faces most identified with the discredited hard core of the ruling coalition People’s Party  is actually a fresh start has failed dismally with polls showing support for the ÖVP party dropping to historical lows.

The conservative party fell to a new low of 22% following a coup d’etat by those elements with  links to disgraced Austrian MEP Ernst Strasser and banks like Raiffeisen that have been embroiled in financial scandals.

Hard line Interior Minister Maria Fekter is set to be appointed the new Finance Minister following the abrupt and unexpected resignation of Josef Pröll mid week.

Pröll was also the mentor of former Interior Minister Strasser, who was recently caught on film accepting a bribe of 100,000 euros to change draft EU bank laws, and is now under investigation.

While Fekter likes to present herself in the media as a sensitive person with a conscience who only flings foreign children into prison to warn off human traffickers, this image will be harder to sustain as she takes the butcher’s knife to the country’s burgeoning national and communal budget. As the debt hole grows, it will be left to Fekter to box through the transfer of ever larger quantities of tax money to banks under the pretext of having to pay interest on an artificially-engineered fractional-reserve banking debt. Read more of this post


April 17, 2011 - Posted by | Fighting corruption internationally, Internationally significant information, Jane Burgermeister Report

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