There’s been a lot of back-and-forth in Italy recently about the role of the governor of the Bank of Italy in blocking a foreign takeover of a domestic bank, and possibly showing favouritism to one of his mates in the process. This is creating a rift in the main government party, Forza Italia, between those (led by economy minister Domenico Siniscalco) who want to try to force him to resign, and those (including Berlusconi) who are trying to duck the issue. But there’s an accompanying story which, as far as I know, has received zero attention in the American press. A prominent member of Forza Italia has come out with his theory of why foreign bankers want to come to Italy – a conspiracy among the Elders of Zion. According to this “editorial”:http://www.corriere.it/Primo_Piano/Editoriali/2005/09_Settembre/13/quando.shtml (English version “here”:http://www.corriere.it/english/editoriali/Riotta/130905.shtml ) in _Corriere della Sera_, Guido Crosetto, a member of the Italian parliament’s finance committee, has announced that the Italian banking sector is (my translation) “proving tempting to many, above all to the hordes of Jewish and American freemasons who are already at the doors.” When asked to clarify, he “limited himself to pointing out that Merrill Lynch was ‘a particular institution in which the shareholders were specifically Jews.'”
I don’t need to stress how disgusting this is. But it’s also a little strange that it hasn’t been picked up in the US press and blogosphere (the Italian media didn’t do a great job either until the last day or two). There’s a minor cottage industry that tries (sometimes on the basis of quite remarkably dubious evidence) to identify instances of West European anti-Semitism, usually in order to insinuate that it’s the motivation behind European policies on the Middle East. But as a result, it focuses its attentions either on the European left, or on right-wingers (such as the French government) who opposed the Iraq war. The patently anti-Semitic outbursts of a politician in a party that’s one of the Bush administration’s few allies in Western Europe apparently don’t merit the same level of attention, just as Berlusconi’s own comments about “Mussolini’s prison camps”:https://crookedtimber.org/2003/09/11/he-made-the-trains-run-on-time-you-know/ and his notorious cracks about concentration camp kapos were greeted with silence from the right.
Update: translation slightly modified and English version of editorial added thanks to comments.
{ 57 comments }
Barry 09.14.05 at 8:19 pm
Wow, the Vatican, the International Jewish Conspiracy, the Freemasons and the Illuminati fighting a tag-team battle in Italy!
It’ll be a perfect opportunity for the Communists to contaminate the Italian people’s precious bodily fluids.
Will this be on pay-per-view?
Aidan Maconachy 09.14.05 at 8:29 pm
I think to call Italy an “ally” flatters the reality. Italy’s compliance amounts to little more than Berlusconi’s partisan sympathies and his ability to twist arms in parliament. By and large Italians are shockingly anti-American. One only has to read Oriana Fallaci to get a clear sense to what extent the country has morphed into an outpost of greater Eurabia (politically speaking, although the demographics in cities like Milan would indicate culturally also). Where you find virulent anti-Americanism there is always anti-semitism lurking in the wings.
The BBC and other European media play down any nasty business directed at Americans and Jews, for fear of casting the perps – Muslims and other “persecuted minorities” in a bad light. For example, on the night of September 3-4th of this year near Ramallah, Muslim youths attacked the Christian town of Taybeh. This attack followed upon the “honor” killing of one of their own Muslim young women who had become involved with a Christian business owner in Taybeh.
This appalling incident has received virtually zero coverage in the western media, despite the fact that such attacks on Christian Palestinians are becoming a major problem in this region. However if the roles had been reversed and Jews had attacked and ransacked a Muslim town, it would have been screamed from the font pages.
There is a strong anti-semitic undercurrent in Italian society and the disgusting comments of Guido Crosetto bare testament to that. On a more trivial, but no less serious note … the fans of the Rome based football team Lazio, make it a ritual to unfurl large flags bearing the swastika during games. It’s almost become “cool” in certain quarters.
Seth Gordon 09.14.05 at 8:36 pm
My wife asks: who was Jewish, Merrill or Lynch?
Matt 09.14.05 at 8:40 pm
I guess that the BBC didn’t cover this so as to not cast that notorious arab Guido Crosetto in a bad light, too? Since for all of the EU the total population that is not citizens only comes to “several tens of millions”, and this includes people from any non-EU country, I’d guess there’s more than a bit of anti-arab sentiment expressed in your invoking of “greater Eurabia”, Aidan.
Ted 09.14.05 at 9:15 pm
Give the MSM a break. It already reported on the on Blair’s buddy who deny’s the holocaust this week.
Only one story that is only neutral or barely positive about Jews or Israel each week. All the rest have to please the Jew haters.
That’s how the MSM proves it’s “fair and balanced”, don’t you know?
Aidan Maconachy 09.14.05 at 9:39 pm
I’m not sure why but people who vent against American Imperialism … are rarely questioned about their personal prejudices toward Americans as a people. But if you have reservations about the agenda of fundamentalist Muslim immigrants (even though arab leaders have made no secret about this agenda) – you are a hater of arabs by default. This concept of the “demographic Jihad” has long been in the works. Here is an excerpt from a speech at the U.N. by former Algerian President, Houari Boumedienne …
“One day millions of men will leave the southern hemisphere to go to the northern hemisphere. And they will not go there as friends. Because they will go there to conquer it. And they will conquer it with their sons. The wombs of our women will give us victory.”
I suppose that Muslim moderates who also have difficulties with the Islamist agenda in Europe are racist also.
Randy McDonald 09.14.05 at 9:43 pm
The same ilk of people who talk of Eurabia now would talk of “Jew York City” a century ago.
Aidan Maconachy 09.14.05 at 10:03 pm
I disagree – Jew York comes off as explicitly racist and ugly.
Eurabia derives not from a people, but from a geographic entity and refers to a demographic shift. I’ve seen Muslims using it in a humorous vein, they clearly aren’t offended.
Sensitive room tonight. Holy!
Walt Pohl 09.14.05 at 10:05 pm
Does Eurabia mean what I think it means? If it does, that’s pretty funny. I guess you don’t have to have been to Italy or even know anything about it to make sweeping generalizations about it.
Aidan Maconachy 09.14.05 at 10:53 pm
Well, I’m not Italian – but check out this quote from the author Oriana Fallaci who is Italian … oh, and also a left winger and an atheist … not an old world version Coulter :)
“Europe is no longer Europe, it is ‘Eurabia,’ a colony of Islam, where the Islamic invasion does not proceed only in a physical sense, but also in a mental and cultural sense. Servility to the invader has poisoned democracy, with obvious consequences for the freedom of thought, and for the concept itself of liberty.”
*Apologies for the digression Henry.
peter 09.14.05 at 10:55 pm
Diving right into the worst sort of casual empiricism, I have known four people who tried to get a job at Merrill-Lynch. Two were Jews, and two were Irish Catholic. The Jews were not hired, the Irish were. And they’ve done pretty well there.
From what I have heard from them, if the place is an agency of a worldwide Jewish conspiracy, its not a very well run one.
All kidding aside: How does he know about the ethnic/religious breakdown of Merrill employees? It isn’t straightforward: I am also Irish Catholic, but on more than one occasion in my life I have been assumed by others to have Jewish ancestry because my last name is not common among Irish but has been used by, among others, Jews. My closest friend is an Orthodox Jew but has a name straight out of Italian tradition.
nick 09.14.05 at 11:12 pm
Oriana Fallaci who is Italian … oh, and also a left winger and an atheist …
Yeah, just like Christopher Hitchens.
Matt 09.14.05 at 11:13 pm
Aidan,
Why doesn’t your example just show that Islamophobia can be found on both the left and right in Italy? Italy is far, far from being taken overy by Islamic invaders, of course, and talking as if it had happend or were about to is probably a pretty good sign of being a bigot or at least a xenophob.
Aidan Maconachy 09.14.05 at 11:17 pm
Good point Peter – I was wondering about the Merrill-Lynch angle also. Makes sense.
Aidan Maconachy 09.14.05 at 11:19 pm
Good point Peter, I was wondering about the Merrill-Lynch angle also. Makes sense.
Aidan Maconachy 09.14.05 at 11:25 pm
Matt, that isn’t my quote, it is Fallaci’s.
In fact, I don’t think Italy is being “taken over” in the grandiose manner in which you describe it, but I also don’t think that legitimate concerns about the subversion of democracy by any type of extremist entity makes a person a xenophobe. If it does, then Tony Blair is rapidly becoming a candidate. Labeling people really isn’t very helpful in a debate.
Matt 09.14.05 at 11:35 pm
Um… I understood, Aidan, that you were quoting- “your example” here means “the example you offer”. And _I_ didn’t say Italy was being taken over, the person you quote did. I said that someone who thinks that is a fucking moron. I’m not debating here, either, I’m calling names. Why? Because some positions and people are too dumb to debate with. Such people should be ridiculed, not debated with. As for you, you just seem to be unable to read.
Aidan Maconachy 09.14.05 at 11:52 pm
Peter, as with most prejudices I doubt if Crosetto has the first clue about the ratio of Jews to non-Jews in Merrill-Lynch. I have a bud on-line who says he worked for M.L. in NY back in 2001 and he disputes the Jewish conspiracy thesis.
Neil 09.14.05 at 11:57 pm
Um, your bud “disputes the Jewish conspiracy thesis”?? That’s a relief. Folks, there’s no Jewish conspiracy at M-L, we can relax. If only Aidan had a bud in the IMF, we could get to the bottom of that one too.
Aidan Maconachy 09.15.05 at 12:08 am
Neil are you Matt?
Neil 09.15.05 at 12:12 am
Not last time I looked.
Aidan Maconachy 09.15.05 at 12:22 am
Whats your take on the story?
Aidan Maconachy 09.15.05 at 12:31 am
You’re not Neil McAuley are you – from Blogcritics?
Neil 09.15.05 at 1:00 am
I’m an Australian Neil. I thought Matt went over the top in attacking you – but I also thought the point he was making, which you misunderstood, was clear enough.Quoting Oriana Fallaci to get a sense of the Italian view of Islam, or indeed the reality of the situation, is a little like turning to Cheney for an objective opinion on Bush’s performance. I’m not sure that Fallaci is on the left (anymore; she certainly represents an extreme position. I was mocking you, but (I accept) a little unfairly. I’m sure you agree that the way you put the claim, that your bud disputes the Jewish conspiracy thesis, was unfortunate. It takes the idea that there is a Jewish conspiracy as something to be soberly assessed, rather than just laughed at.
I’m Jewish. If there’s a Jewish conspiracy, I want in.
Aidan Maconachy 09.15.05 at 1:17 am
Yeah I did express myself poorly on that. What I meant was that Guido Crosetto, mentioned in the lead blog, was implying there was some type of jewish conspiracy at ML. Peter made mention of Irish people being hired over jews, and what I found amusing was that the guy I was chatting with also said there were more Irish and Italian Americans in his section than jews.
Yeah, I agree with you to some extent on Fallaci. I think her book The Rage and The Pride does engage in melodrama and hype, to its detriment actually. What do you think of Hitchens views on the European situation … have you read any of his recent stuff?
Aidan Maconachy 09.15.05 at 1:22 am
Hey Neil – I’m quitting at this end. Late here. Appreciate your fair comment. Take care.
facts 09.15.05 at 1:45 am
I think it no secret that a solid core chunk of the American right is racist and anti-semetic. Their comments tend to out of the public glare, but they are there and politely ignored while their support is valued.
The right also does a much better job of pointing out the idiots on the left, except of course Mr. Hitchen’s who regards holocaust “debunker” Mr. Irving as a great scholar. But one does wonder if Mr. Hitchen’s is of the left any more.
There are reasons the majority of Jews vote Democrats and one is the opinions of a large number of very influential people ranging from old anglo saxon snobs to “god does not hear jews pray” evangelicals.
ep 09.15.05 at 2:49 am
1. Azionisti not= employees. Azionisti are stakeholders. What rep. Crosetto, at present Mr. Berlusconi’s frontline man on financial themes and a listened-to counsellor, means, is that greedy jew bankers that own M.-L. and the like, are secretly after (northern)-Italian banks — and catholic conservative bankers (as the mention of freemasons makes clear).
2. Fallaci is a leftist somewhat like the present pope was a progressive theologian in his youth. It was long time ago.
3. To consider Fallaci a source of information on Italy or Europe is sort of taking Ann Coulter as an expert on American liberals.
Best wishes – ep
Ray 09.15.05 at 3:08 am
I just had to admire Aidan’s first post (2). Within one paragraph he gets from a _Forza Italia_ minister making anti-semitic comments to “Where you find virulent anti-Americanism there is always anti-semitism lurking in the wings”. Intermediate steps are for the weak.
Harald Korneliussen 09.15.05 at 3:25 am
Although Fallaci is an atheist, she apparently thinks christianity is valuable because it can be used to support her rabid anti-islamism. I think “culturally christian” is the term she uses to describe herself.
I see the same attitudes in Denmark about the state church. It’s disgusting to a real christian – sorry if it sounds arrogant to call myself that.
Doug Merrill 09.15.05 at 3:34 am
My wife asks: who was Jewish, Merrill or Lynch?
Well that depends on whether you’re talking about the Puritan Jewish Merrills who seem to have come over rather early and clustered around Massachusetts or the Southern Baptist Jewish Merrills who came over a bit later and wound up in northern Mississippi and bits of Tennessee. There might have been some mainline Protestant Jewish Merrills who split the difference, but I’m not actually all that well versed in family history or, apparently, conspiracy.
Doug Merrill 09.15.05 at 3:40 am
Quoth the CT automat: Your comment is awaiting moderation.
Goodness gracious, if my comment had been any more moderate, it would have been beige.
Dave F 09.15.05 at 3:40 am
As odious as the Forza Italia anti-semite is, Henry himself is imagining a conspiracy: by the “western press” to do Bush’s will or look after the government’s interests. Whatever, dude.
Kevin Donoghue 09.15.05 at 4:48 am
Henry himself is imagining a conspiracy: by the “western press†to do Bush’s will or look after the government’s interests.
Ah, so the “minor cottage industry” that Henry referred to was the western press? I thought he meant the likes of Instahack and Powertools.
bad Jim 09.15.05 at 6:18 am
The great international Jewish banking industry. Indeed.
The old joke goes something like: one Jew asks another, why do you read the anti-semitic crap in this (forgotten) newspaper?
The other replies, your paper tells us that terrible things are happening to our people everywhere. The rancid rag I’m reading says that we’re the the people who run the world. I like this story better.
otto 09.15.05 at 6:47 am
The lack of media interest in this comment is a bit difficult to explain.
When that German SPD leader suggested that US investment banks pressing German industry for restructuring and job cuts were “locusts”, there was a barrage of suggestions that this was anti-semitic, even though he didn’t say anything with that implication at all. But then an Italian MP explicitly gives out the old Jews-and-Freemasons-run-global-finance line, and I had not heard of it until here on CT.
nnyhav 09.15.05 at 7:37 am
When asked to clarify, he “limited himself to pointing out that Merrill Lynch was ‘a particular institution in which the employees were specifically Jews.’”
Shareholders. (Their translation.) And I can’t cite offhand where I’d seen this or something very much like it (specific to Forza Italia and Jewish conspiracy), but it seems weeks ago.
nick 09.15.05 at 7:54 am
Btw, in the land of Propaganda 2 and the Banco Ambrosiano (both of which have been associated with Berlusconi’s cohorts), is it really surprising that there’s a rival international banking conspiracy being peddled, involving Jews and masons?
Darren 09.15.05 at 8:14 am
Postwar, hasn’t Italy always been considered a bit of a problem. Wasn’t that why Operation Gladio was put in place?
Talking of media silence … wasn’t the 25th anniversary remembrance of the Bologna railway station bombing overlooked. What with the similarities to the Madrid bombing and London bombing (irony intended); the deputy prime minister at the time being booed and hissed at by the crowd – incredible that this wasn’t news!
Next we have the Italians threatening to secede from the basket of currencies called the Euro.
Also, we have the magistrate investigation of the CIA running of a parallel security force within Italy, responsible for kidnappings and such … has this been reported?
The attempted murder of the Italian journalist in Iraq ending with the shooting of the Italian secret service agent – or was he the intended victim?
There’s a lot going on in Italy at the moment: the banking story highlighted by Henry appears to be fluff and distraction … but then again P2 turned out to be reality rather than conspiracy theory rubbish.
Comments very much welcome.
Henry 09.15.05 at 9:09 am
nnyhav – thanks, you’re quite right (“azionisti” is shareholders). Update made.
Otto – I’d been thinking specifically about the fuss over Munterfering and the IG-Metall cartoons when I wrote this post. Neither of which seemed to me to be anti-Semitic, although the latter were certainly anti-American in a fairly unpleasant way.
A point which nobody has brought up, but which I should clarify anyway. When I talk about the right’s silence, I’m not assuming that the right as a collective actor has decided to pass this over, or that there aren’t people on the right (and many of them) who would be appalled at this. But there is a clear pattern in which some clearing houses of information on the right (prominent blogs, some newspapers) tend to concentrate on stories that fit into an overall narrative of lickspittle anti-Semitism=craven European lefties, and systematically ignore the far more blatant anti-Semitism of some of America’s purported allies in Europe. Can you imagine the outrage that there would have been on the right if, say, Jacques Chirac (someone who I hold no personal brief for by the way) had made cracks about concentration camp guards in the European Parliament, or had defended the practices of the Vichy regime in rounding up domestic opponents?
Uncle Kvetch 09.15.05 at 9:15 am
I’m not sure why but people who vent against American Imperialism … are rarely questioned about their personal prejudices toward Americans as a people.
Hmmm. I vent against American Imperialism on a regular basis. I’m also an American. At what point do I explode from my own inherent contradictions?
Mrs Tilton 09.15.05 at 9:47 am
Ah yes, Merrill Lynch Pierce Fenner & Smith, that well-known Jewish banking house.
This reminds me of a former colleague, a Jew from Montreal, who was constantly complaining about the ethnic oppression he felt at our (historically rather WASPy) firm. So he moved on… to Davis Polk & Wardwell. Well, maybe it was Davidowicz Pollak & Warshovsky before they changed it… (My friend has since moved on again, though to a firm of similarly goyishe nomenclature. I should point out, perhaps, that he was joking about the oppression. In more serious moments, a number of observant Jews have told me they get less religion-related guff — e.g., for knocking off early on Fridays — at gentile shops than at traditionally Jewish firms.)
Anyway, of course ML’s shareholders are specifically Jews. They’re also specifically gentiles. Specifically, there are vast numbers of ML shareholders, presumably covering most if not all possible ethnic and religious bases, and none of them has control. It’s a big free float, and there are only two shareholderts big enough to get their names in the 2005 proxy statement. And those are State Street Bank, holding (surprise, surprise) as trustee for scads of other people, and Fidelity.
Still, it’s heartwarming to see that the old Jews & Freemasons meme has some life in it yet. Makes me feel all nostalgic. Malkin has written in defence of the internment of US citizens of Japanese ancestry during WWII; can a book from some star of the rightwing firmament explaining why Dreyfus really was guilty be far behind?
BTW, if any of you find yourselves in Castel Gandolfo, there is a goldsmith’s shop in the main street, on the right-hand side as you are facing Ratzinger’s summer pad. A few months back the goldsmith was displaying a beautiful signet ring set with the compass-and-square, which I thought rather cheeky — clearly he isn’t hoping on much trade from the Big House. Maybe the ring is still there. Have a look if you’re in the vicinity; certainly it’d be a more interesting souvenir than the plastic Pietà s and 3D pictures of Padre Pio infesting most of the other local shops.
Ray 09.15.05 at 10:07 am
“I’m not sure why but people who vent against American Imperialism … are rarely questioned about their personal prejudices toward Americans as a people.”
Bollocks. People who give out about American Imperialism are labelled ‘anti-American’ – a label that implies their disagreement is not limited to the political.
When _did_ you arrive from Earth 2, aidan?
otto 09.15.05 at 10:28 am
“systematically ignore the far more blatant anti-Semitism of some of America’s purported allies in Europe”
Not to mention the anti-Semitism of the Right’s political base at home.
Jack 09.15.05 at 10:29 am
I hope nobody points out to Crosetto that the Chief Executive of Merrill Lynch is an African American with an Irish name. He’d never sleep again.
Still as has been pointed out above in Italy there really is or was a banking conspiracy as a brief examination of the histories of Mediobanca and its northern rival IMI will demonstrate.
Jonathan Edelstein 09.15.05 at 11:51 am
(“azionisti†is shareholders)
And I ask you, is it really a mere coincidence that the word “azionisti” contains “Zionist” right in the middle?
Jen 09.15.05 at 1:02 pm
“People who give out about American Imperialism are labelled ‘anti-American’” – ray
Really? Not where I live. Down in my bluer than blue bailiwick they are called patriots.
Shout “Islamo Fascist” though and you will be nailed as a racist.
Go figure!
abb1 09.15.05 at 3:11 pm
I don’t quite understand why anti-semitism card can only seem to be matched by another anti-semitism card, as if anti-semitism were some special, unique sin, worse that other forms of bigotry. As if the lesson of the holocaust were ‘must protect the Jews now’.
Let’s suppose for the sake of argument that there are no anti-semites among right-wingers whatsoever. So, then, what should we make of the recent comment by a Republican US congressman about responding to a hypothetical terrorist act on the US soil by dropping nuclear bomb on Mecca? How does it compare with the ‘hordes of Jewish and American freemasons’ crap by an (non-nuclear) Italian politician and the alleged (non-nuclear) left-wing anti-semitism?
Barry Freed 09.15.05 at 3:15 pm
They’re letting Jews into the Freemasons now? How shocking. Has no one any standards left these days?
Geoff R 09.15.05 at 8:49 pm
I have always thought that some conservatives don’t realise Israel is full of Jews. Recall the Nixon-McGovern contest of 1972 the birth of neo-conservatism when Sidney Hook et. al. rushed to embrace Nixon a vicious personal anti-Semite. In Australia some of the current culture warriors of the right were a few years ago staunch defenders of a controversial novel that linked Jews to the Ukrainian famine and came close to excusing the Holocaust on this basis. Commentary (!) recently ran an article downplaying the anti-Semitism of the crusades.
Ted 09.15.05 at 10:38 pm
gosh abb1
abb1 09.16.05 at 1:47 am
What, you don’t see double-standard here, Ted? What about that recent controversy regarding the ‘Red Chinese’ taking over Unocal, similar controversy often expressed in similarly paranoid terms?
Dave F 09.16.05 at 4:22 am
Kevin bloody Donoghue:
“But it’s also a little strange that it hasn’t been picked up in the US press and blogosphere (the Italian media didn’t do a great job either until the last day or two). There’s a minor cottage industry that tries (sometimes on the basis of quite remarkably dubious evidence) to identify instances of West European anti-Semitism, usually in order to insinuate that it’s the motivation behind European policies on the Middle East. But as a result, it focuses its attentions either on the European left, or on right-wingers (such as the French government) who opposed the Iraq war. The patently anti-Semitic outbursts of a politician in a party that’s one of the Bush administration’s few allies in Western Europe apparently don’t merit the same level of attention.
The US press and blogosphere, OK? Western press if you include he Italian media mentioned in passing.
Brendan 09.16.05 at 7:21 am
Given the extremely low (and extremely untypical) level of intellect shown by most of the commentators on this post, it backs up what was said in a previous post about not letting some posts have comments. It does seem that anything that touches, even tangentially, on ‘the Jews’ or Israel will always attract the attention of the mentally subnormal.
May I suggest that when anyone mentions the neologism ‘Eurabia’ this should be a sign to whoever runs the blog that things have gone far enough?
otto 09.16.05 at 9:08 am
Brendan and others:
I strongly disagree with the suggestion that posts like this should have comments disabled. Yes, there are a lot of stupid comments on these subjects. But there is also some much more informed discussion in web comments postings on these subjects, especially on Israel/Palestine, than in the mainstream press. And if Israel/Palestine cannot be discussed in comments, it would be a large step towards not having US Middle East policy discussed in comments.
Indeed, Henry’s original post is by way of a comment on Right Blogistan’s lack of comments on this event.
Aidan Maconachy 09.19.05 at 1:36 am
“May I suggest that when anyone mentions the neologism ‘Eurabia’ this should be a sign to whoever runs the blog that things have gone far enough?” – Brendan
And people on another post on this site are screaming bloody murder at the prospect of Blair limiting freedom of speech in the U.K.!! Apparently the wish to gag and label is alive and well on the left also. Just as well the likes of Coulter doesn’t comment in here … you’d all be calling the PC police!
Aidan Maconachy 09.19.05 at 1:45 am
Oh look … it appears Daniel’s “Glory Glory O Bin Laden” rant has cleared the resident censor! All timber isn’t equally crooked in here, clearly.
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