Berlusconi U-turn secures Italian government survival

Berlusconi U-turn secures Italian government survival

(from reuters.com)

“After a sometimes fiery debate in the upper house, in which he faced repeated accusations of sowing chaos in a personal bid to stave off expulsion from parliament over a tax fraud conviction, Berlusconi said: ‘We have decided, not without some internal strife, to support the government.’ … Financial markets reacted positively. But the end of this crisis, seven months after an inconclusive election, leaves question marks over Letta’s ability to address deep problems in Italy’s economy which are troubling its partners in the euro.”

Well, the saga is going to be over in a few days one way or another, and the “caste” orphan of a scape goat to fill up the newspapers, is going to run into an issue of credibility, which from the monti-fornero outcome in attaching social security, instead than addressing the 300b a year politically protected tax evasion, and the 200b of costs of a midlle-age christian taleban-like administration, it is known to be a farce.

Starting next week Italy may have, while claiming to be a state of law with dubious outcome, solved one of the 300b, but it is known that it’s “caste” will do everything in their power to preserve the other 299b of politically protected tax evasion, and the 200b of costs of a midlle-age christian taleban-like administration, this is the cost of a socialist-marxist-christo-talebanate, no way out, no intellectual honesty in admitting where the problems are.

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