Isn\’t this fascinating

Silvio Berlusconi’s latest bid for a political comeback set alarm bells ringing across Europe yesterday after the billionaire forced the resignation of Italy’s technocrat Government.

What collywobbles! The people might speak!

In a comment that was uncharacteristically critical of Mr Berlusconi, who had supported his Government until now, Mr Monti warned at the weekend of the dangers of populism.

Tsk, they might speak up for what they want rather than what they\’re being given.

European policymakers expressed concern that Mr Monti’s reforms, which pulled Italy back from the brink, might be reversed. “The next elections must not serve as a pretext for putting in doubt how indispensable these measures are,” José Manuel Barroso, the President of the European Commission, told the newspaper Il Sole 24 Ore.

Just what Italians have always wanted, to be ruled by a Portuguese Maoist.

10 comments on “Isn\’t this fascinating

  1. An empire that occurred in a fit of absence of mind?

    Yes, yes, I realise the EU has always sought increasing power over member states, but I think it’s fonctionnaires also genuinely wanted people to want it.

  2. Do Italians really want a 76-year-old with a conviction for tax fraud and a pending prosecution for sex crimes?

  3. 5Frances Coppola – “Ambrose wants everyone to leave the Euro.”

    And he may have good reason to think so. If a conservative government inflicted this sort of pain on an economy, academics would be rioting in the streets. Has the World Bank ever imposed conditions as onerous as this?

    But because they mean well ….

    6Frances Coppola – “Do Italians really want a 76-year-old with a conviction for tax fraud and a pending prosecution for sex crimes?”

    Some questions really just answer themselves. And given the alternatives, can you blame them?

  4. Do Italians really want a 76-year-old with a conviction for tax fraud and a pending prosecution for sex crimes?

    If they don’t then they won’t vote for him? I wouldn’t but then I’m neither Italian nor faced with quite as egregious a bunch of alternatives (the most egregious and current incumbent having decided to stand down.)

  5. Elections in Italy aren’t exactly free or fair, particularly with Berlusconi in the mix. Of course he’s a bad choice to run a country – he wants the job. There is however something particularly distateful about only wanting the job so you can write more laws granting yourself immunity from prosecution.

    And of course the voters want the government to spend more money on them. They want that without thinking the consequences through – most voters do. There’s magical thinking here from left and right, that we can end austerity, leave the euro, and return to the sunlit uplands of the 2000s when the governments all spent loads of money they didn’t have and there were no consequences of that.

    One should however be careful in wishing the government will make millionaires of everyone – it might actually happen.

  6. It seems more and more that innocent consumers are receiving
    some of the most horrific telephone calls from people allegedly attempting to collect old debts.
    Their term interest rate is usually lower as they expect the payments to be drawn out over a
    few years. You need to have in writing what you will be paying.

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