Rubygate, as everyone calls the scandal, has grown progressively more lurid. Two of Berlusconi’s friends [...] are charged with running a prostitution ring to meet the Prime Minister’s elaborate erotic expectations [...] For months, the prosecutor’s office in Milan had been wiretapping phones used by Berlusconi and his associates, and the twenty thousand pages of documents pertaining to Rubygate have been leaking out in Italian newspapers. The picture that has emerged is of an aging emperor, surrounded by a harem of nubile women paid to ornament his dinner table, boost his ego, and dance around in their underpants.Then there's the irritating braggadocio:
Berlusconi has always seemed pleased with himself. In 2006, he offered some advice to Italians living below the poverty line: “Do it my way and earn more money!” (His net worth is estimated at nine billion dollars.) He has described himself as “the best in the world—all the other world leaders wish they could be as good as I am.”Clinton did have his set of zipper problems, but I don't think he ever had a harem, or had this uncaring robber-baron-like attitude towards the impoverished.
Where "fun" would mean the Tea Party would have more of a voice than they already do.If we had proportional representation in the house, the democrats would be in control, as they received more of the vote in 2012.
Grillo sounded like an OK guy until the "Let's leave the EU" referendum talk. Italian bond rates would sky rocket, crushing their economy overnight. However, this won't be the first time that's happened in Italy.If Italy returned to it's own currency, it could print all the money it needed to pay back it's debts, therefore no bond purchaser would ever need to worry that the country couldn't pay them back. They would become like the US, UK and Japan, which have huge deficits and almost zero interests rates. Japan's national debt is around 200% of it's GDP, for example.
I mean I disagree with their euro-skepticism, but Italian politics need to be completely overturned.Well, Mario Monti had a chance to do that, and he failed.
I'd vote for him. He's funny. All politicians are pretty much the same, so you might as well pick one that you can laugh at. Especially in a country like Italy, where the government is such a tangle of wires that it's almost by design that it will never be sorted.And again, the 'technocratic' 'competition' government imposed harsh austerity measures which did a ton of damage to the economy. Do you vote for the "serious" guy who's destroying your economy, or the clown who presided over years of economic growth?
120 000 dead Iraqis would disagree with you, if they could.Do you think Berlusconi is going to start a war?
I don't know why you all are comparing Berlusconi to Clinton or a loveable/ laughable Boris-Johnson-isque character, when he's quite a creepy, uncaring megalomaniac who tried to subvert the police in acting against a teenager he had sex with:That's exactly what the republicans thought of bill Clinton in the 90s. There were all kinds of accusations of wrongdoing. Remember whitewater? Paula Jones?
Berlusconi tried to put through a pretty big austerity package in 2011 and failed. Just because he's now a born again populist railing on austerity means absolutely nothing to me given his previous actions. The man would kill a baby if it would get him elected.If he would kill a baby to get elected, it stands to reason he would kill austerity to get re-elected. Do you think he harbors a secret love of austerity, and is planning on implementing more of it as soon as possible? I suppose we'll see.
I'm afraid that he may just perpetuate the habit of telling voters what they want to hear, rather than what they need to hear.Uh, that's how democracy works. And besides what the European technocratic establishment has been claiming people "need" to hear is that Austerity is the answer, and those policies have failed.
Regardless of what you think about the effectiveness of his economic policies you can't call him 'just as bad' as the man who has run Italy 3 times and is largely responsible for the current messthe EU and ECB as a whole are responsible for the "current mess" and Monti is a part of that system. Berlusconi can't be responsible for the problems in Spain and Greece and the rest of the EU, except to the extent that he bought into the Euro in the first place - but it was the austerity policies that Mario Monti put in place, along with the rest of Europe that was responsible for dragging out the economic problems in the country. So to be honest Monti and the rest of the EU technocracy is more responsible for the current situation then Berlusconi.
I somehow can't picture Jon Stewart calling an almost centennary Nobel laureate and WWII veteran an "old whore".The Daily Show actually uses crude humor all the time, although nothing misogynistic. A better example might be Bill Maher, he's also a comedian tied into the political world, and has used misogynistic language to describe Sarah Palin. Bill Maher used to be an anti-vaxxer as well, which fits with the anti-science stuff.
If you intend to pay your debts back in worthless "funny money" that you print in your backyard, I think that your lenders are most certainly going to worry.It's not a problem for other countries that borrow in their own currency, like the aforementioned US, UK and Japan. Why would Italy be any different? They would also be able to lend money to themselves through their central bank, which would cause inflation - but not high lending rates.
Controlling the media, eroding the rule of law and Italian influence in the EU, and messing up the economy and the prospects of young Italians doesn't affect Italian voters personally?How can you blame Berlesconi for something that's happening across the eurozone? The problem is the harsh austerity measures demanded by the ECB.
a) I was responding to a comment about politicians being essentially the same, and equally trivial.Yes, by saying "120 000 dead Iraqis would disagree with you, if they could." as if somehow electing Berlesconi somehow posed the risk of killing hundreds of thousands of people, or else your comment was ridiculous hyperbole
But the grotesque enigma that is this Italian election should perhaps be approached from the opposite direction: how did Pierluigi Bersani's coalition, built around the centre-left Partito Democratico (PD), manage to lose an election after what seemed to be the terminal decline of Berlusconi?posted by the cydonian at 7:05 AM on February 27
Three interlinked explanations offer themselves: the euro; unemployment; and the public rallies.
But you see, what distinguishes the US, UK and Japan from, say, Argentina is precisely that their central banks have a clear mandate not to lend freely to the government. See for instance how the "trillion-dollar platinum coin" scheme was squashed in the US. With much gnashing of teeth they've consented to buy a few bonds, but guess what? the ECB has also been buying Spanish and Italian bonds.The federal reserve US owns 16% of the federal debt at the moment. The bank of Japan owns 11% of it's debt, and the bank of England owns about 26%.
The Italian economy has been in the doldrums for a decade and a half, even while Spain or Ireland were booming.it's precisely because of Spain and Ireland's bubbles that they are having so much trouble now. They are by far some of the worst off countries, after Greece. Are you actually saying that Italy should have had economic policies more like Spain and Ireland?
not just linked to the current austerity (which is not "demanded" by the ECB, but by the lenders who otherwise won't touch Italian sovereign bonds with a ten-foot poleYet, investors are totally willing to buy US and Japanese bonds despite the lack of austerity, in fact Japan is actually planning to do new rounds of stimulus, which they plan to finance by central bank purchases of bonds.
Well, that already happened. Behind Tony Blair, Berlusconi was the person most complicit with the Bush Administration's warmongering.Without Berlusconi the war wouldn't have happened? The original comment implied that somehow electing Berlusconi could result in something equivalent to deaths of hundreds of thousands of people.
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