WATCHING ITALY… AGAIN

See? I told you watching Italy would be fun!

But just in case you haven't been watching, there's been another hiccup in the process of forming a new coalition government in Italy.  And this one may mean that Italians will be headed for another election. And as one might imagine, my "inbox" was deluged with articles about this story, but here's two takes of the recent shenanigans:

Italy's Giuseppe Conte gives up trying to form government

Italy In Chaos: Country To Vote Again After President Blocks Government; "Unclear What Happens Next"

As you'll recall, just this last week I blogged about Italy, and the selection of Mr. Conte, a Florentine lawyer, to lead the new coalition government. Behind this move, I suspect - and still suspect - a great deal of politicking was taking place between "old Italian money" and the new technocrats of the EU, the European Central Bank, and, of course, various German interests from Deutsche Bank to Mad Madam Merkel. According to the first article, we read this by way of some confirmation of that speculation:

"Giuseppe Conte has given up the mandate to form a government, given to him on May 23," an official from the presidential palace said.

Initial reports suggest right-wing League party leader Matteo Salvini had refused to accept a presidential veto on his choice for economy minister, the 81-year-old euroskeptic economist Paolo Savona.

Talking to reporters after he informed President Sergio Mattarella of his decision, Conte said he "gave the maximum effort, attention, to carry out this task with the full collaboration" of would-be coalition partners — the anti-establishment 5-Star Movement and far-right League.

Earlier in the day, Conte met Mattarella with his list of ministers in a bid to end the country's political stalemate. But the two could not agree on Savona's role in what would have been Western Europe's first populist government. Mattarella is staunchly pro-Europe.

Even before the two had finished with their meeting, League's Salvini said the only option now was to hold another election, probably later this year.

"In a democracy, if we are still in democracy, there's only one thing to do, let the Italians have their say," Salvini told his supporters in central Italy. (Emphasis added)

So in other words, the message from the EU via Mattarella was "We'll let you have a government, but it will have to agree with us," and the response was "Then what was the point?"

The interpretation of Zero Hedge is similar to mine, but much more elegantly stated:

In what may have been the worst possible outcome of this weekend's events in Italy, Rome finds itself on the verge of a Europe-sponsored constitutional crisis.

Recall that when we previewing the possible outcomes of Italy's government stalemate, in which president Mattarella had threatened to veto the choice of Paolo Savona as economy minister due to his anti-Euro/establishment sentiment, we said that the most likely - and market friendly - outcome, was for President Mattarella to give in to public pressure and the threat of a new election, averting a potential constitutional crisis. We also said that the second most likely outcome, and potentially far worse for markets, was that "if Mattarella and the coalition partners hold firm, we may be set for new elections, with M5S likely to repeat April’s success and Lega likely to increase its share of the votes, eating up Berlusconi’s party."

Moments ago that's precisely what happened, when Italy's premier designate, Giuseppe Conte, 53, told reporters after meeting the head of state Sunday evening that he had handed back his mandate for forming “the government of change" to president Mattarella. "I can assure you that I did my utmost to try to fulfill this task" he added.

...

As we reported earlier, Mattarella, who is supposed to be impartial but appears to have been anything but in this case, and was tasked with naming the premier and ministers, earlier rejected the candidacy of economist Paolo Savona, 81, who has repeatedly urged the Italian government to plan for a euro-exit, and who has criticized what he says is German dominance over Europe.

In other words, Mattarella sided with Europe over Italy's own choice.

...

There is still some hope for clarity and the avoidance of a constitutional crisis...

  • *ITALY'S MATTARELLA SAYS WILL TAKE A DECISION SOON ON NEXT STEP

... Which means the president will now wait for his marching orders straight from Brussels before deciding what to do next. Meanwhile, the Italian people can't be delighted that their own president has hijacked the political process to the benefit of Merkel and Jean-Claude Juncker.

So, while we wait to see who will get to occupy the Quirinal, or if there will be other elections, the behind the scenes games will continue. The EU clearly isn't listening, and isn't going to. But that's not the real question.

The real question is, who is watching those games? Clearly, a significant segment of the Italian population is fed up with low employment, the diktats from Brussels a.k.a. Berlin, and fed up with the EU-Mr. Globaloney immigration agenda. Recall also from a few years ago in the wake of the Ukrainian crisis, that Italian businessmen were also chafing under Washington's sanctions regime, to the extent that the then Italian agriculture minister went to Moscow to see what could be done. The discontent even grew in Italy to the extent that in Venezia there was talk of secession.

So who else in Europe has a large economy, is a technologically sophisticated country, is suffering from unemployment numbers - especially among the youth - that boggle the imagination, has suffered its own immigration crisis, and is also overstuffed with EU technocrats and Globaloney, to the extent it has see its own secession movement, and even sponsored votes on secession of one of its major and most prosperous provinces?  Who is watching Italy very closely?

Spain.

When one throws Greece into this volatile mix, its almost as if we're watching a more covert agenda playing out, namely, to stamp out any cultural connection to the great Roman, and Orthodox, Catholic traditions that are so much at the heart of southern and eastern European culture, and "convert" those countries to the technocratic straight jacket and cultural hell that the Eurocrat "progressives" seem to want to impose everywhere on the continent. There is, I suspect, yet another very hidden and covert agenda behind these moves, and those involve the drug trade, which I suspect is strongly tied to the immigration agenda.

Whatever one makes of those high octane speculations, I think one thing is certainly in the cards for the future in Europe, and that is simply these movements will not go away. In fact, what I suspect the recent Italian elections - and any future ones - will mean for the future is that these movements will now begin to coordinate their efforts at the "European" level in addition to the national level of their various nations.  We already saw hints of this prior to the French and German elections, when Ms Le Pen of France, Mr. Geert Wilders of the Netherlands, and various leaders of the Alternativ fur Deutschland party shared the stage at various conferences. In other words, expect to see the Italians becoming involved in those efforts in a major way, and not far behind them, will be the Spanish.

And the more the Brusselscrats and Merkeltards refuse to listen or compromise, the more those movements will grow.  Very soon, I suspect, it will not be just Nigel Farage or Marine le Pen challenging the Eurocrats in the European "Parliament", but some new voices from Italy and Spain as well.

See you on the flip side...

 

22 thoughts on “WATCHING ITALY… AGAIN”

  1. marcos toledo

    The destruction of Europe is in its endgame and the Mediterranian is the key. It was Rome no-win position deal with the barbarians from the north or with the Cillian Pirates in the Mediterranian. It tried both which brought down the empire in the long. The European Union is just the new face of take your pick the barbarians at the gate or the resurrection of the Third Reich.

    1. anakephalaiosis

      When American moral imperative loses grip on Europe, the former so-called “Holy Roman Empire” will surface as train wreck. It never stood. It was copycat. The original real McCoy is unknown today, and it is certainly not papacy.

      Something else was afoot once, that deliberately has been erased from history. British academia is hiding a great mediaeval kingdom by ridicule. The magnitude of the deception in incomprehensible.

      It cannot be spoken of, because that would change everything. Thomas Aquinas understood, that he was just a straw in the “catacombs”.

  2. anakephalaiosis

    All Nations are born equal. Some Nations are more equal than others.

    One must define the object, that law applies to. That object is Man.

    A memory palace provides a spherical definition, wherein one dwells.

  3. Robert Barricklow

    Mussolini, ..er Mattarella is waiting on Hitler, ..er Berlin to see it if wants the black ops arm of the Gestapo, ..er [s]election process to decide the new make up of Italian governing puppets, ..er leadership.
    Following the Geek script?
    Are the Italians going to believe their leadership; or, think for themselves and put that it into viable action?

  4. The refusal by the president to formally sanction the government representing the groupings that won the March 4th elections, overreaching his constitutional prerogatives, has result in widespread anger and perplexity even by the most cynical observers. Today’s (May 29th) attempt to get support for a “technical” government headed by a former IMF henchman is almost certainly doomed to failure. The Genie is out of the bottle and despite probable hiccups there is no turning back, too many people know what has happened to Greece (a prime holiday venue for Italians).
    According to one analysis, the people behind the “bankster coup d’etat” aim to keep the country in a sort of limbo for as many months as possible in order to bombard the public with “economic fear porn”, and maybe raise taxes too in the name of the non-existent “financial stability” allegedly upset by the March 4th vote. One of the items on the menu will be the dire pronoucements by the so-called rating agencies that publish their reports in the autumn.

  5. I think some of the Italian ‘deep players’ are playing a far-sighted game: By proposing “economy minister, the 81-year-old euroskeptic economist Paolo Savona,” they are fronting an in-your-face, unacceptable choice for President Sergio Mattarella (i.e., for his EU overlords). This is similar to issuing a set of demands to some country that are pre-calculated to be unacceptable, thus assuring a turn-down and gaining “we tried” points for the originating side…

    If those Italian ‘deep players’ had wanted an agreement for that position, they had a long list of mutually-acceptable candidates. Instead, they picked an automatic turn-down candidate. It appears as though they wish to force a new election cycle, without appearing to be the instigators…

    1. Gos I don’t think that Savona’s name was put forward to nip the new government in the bud. This would mean that the leadership of the two parties that won the elections, 5-Stars and Lega, were complicit in their own possible demise, and on the basis of my familiarity with the people involved, this does not appear to be the case. On the other hand (my high octane speculation), the president himself might be under some sort of duress, personal or otherwise; his body language during press conferences seems to betray a conflicted personality. Let’s remember, with C.A. Fitts, that certain parties will stop at nothing in order to protect their perceived interests, sometimes overreaching their hand in the processs….

      1. didn’t greece’s prime minister go through some similar body language conflicts just before selling out greece to more austerity?

        1. Robert Barricklow

          He was a shill from the get go; or, he was “swayed by the tied & true lead of silver alternate close.
          Bottom line:
          the peoples’ choice is verboden!

          1. agreed. i still think bernie woulda seen such a light had he been allowed to be selected.

            just like bill hicks said:
            when new presidents get selected their boss takes them into their new oval office to watch a video. it’s dealey plaza from a camera angle they’ve never seen before. when the video is over, the new president’s owner asks “any questions?” new presidents usually return with another question, “who was it we’re bombing tomorrow?”

            what else did hicks say over and over? “back and to the left.”

  6. Marine le Pen and Nigel Farage are part of what could be considered the faschist doctrines in their respective countries political circuses. They are both extreme right wing, anti ‘foreigner’ (whatever that means), ridiculous clowns. They have absolutely no place in any government as part of the executive branch. Farage himself knows it when he scheizered his pants after the GB had the Brexit vote and his path to the PM’s office was blown wide open..
    Marine is a complete puppet.. she knows that she’s the lynchpin to push Macron into power. Her father was used the same way to assure another round for Chirac. The French are still suffering enormely from guilt for the Shoa, so anything ressembling the Nazi’s (I know.. the Nazi’s were socialist… if you think YOU have a problem with ‘The Legend’ Dr F.. trying living in France..) for the French is major no-go. The opposition is ASSURED victory.
    During the elections, Marine the Stylo voted at 9am and spent the rest of the day in a private disco dancing and waiting to be told she lost..
    So.. I dont want either of these imbeciles.. these ROman Senator wannabes.. (LE Pen was even sent to Brussels to be a Eurocrat.) having any lee-way in my life.

    1. Garage can’t be completely anti foreigner as his partner is French. Freedom of movement isn’t such a bad concept of confined to Europeans. The problem most have is that the outer boundaries are being flooded with economic migrants from outside Europe (north Africans, middle East, Asia etc.) who are being assisted by the NGOs and allowed to remain by the politicians in Brussels. BREXIT is more about pulling up the drawbridge and preventing more of the world’s economic migrants from entering via europe than isolating the UK from its fellow europeans, in a similar fashion to that of Hungary and their fence.

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