'This is the treadmill on which Eurozone social democracies are now being placed. Under the political umbrella of financial emergency, wages and living standards are to be scaled back and political power shifted from elected government to technocrats governing on behalf of large banks and financial institutions... the basic playbook that corporate raiders follow when they empty out corporate pension plans to pay their financial backers in leveraged buyouts.' http://www.creditwritedowns.com/2011/12/europes-transition-from-social-democracy-to-oligarchy.html
