On December the 4th, 2016, Italians will roll (extra meatball) into voting stations to cast a vote on a referendum to reform the government. If passed, it will be the biggest reform to the Italian government since the monarchy was disposed of in 1946. It will reduce the number of corrupt Senators from 315 to 100 — which might pave the way for a more efficient government.
Please don’t look at America as a case study of an efficiently run government.
That all sounds great, only that the Prime Minister, ‘the great reformist’, Renzi, has tied his fate to the outcome of this vote. If it fails to pass, he will resign — just like Cameron and his BREXIT gambit.
Many believe that if Renzi is forced to resign, it will pave the way for a general referendum calling for Italy to exit the EU. Amongst the major states in the EU, the people of Italy dislike the union most — with more than 50% saying they want out.
“I’m glad Britain is getting to vote, and we should have a referendum here too,” Fabio, a bar owner in northern Rome, told The Local.
“The worst thing we ever did was join the euro – it’s made life so much more expensive and normal Italians poorer; so many small businesses have been forced to close. The only winners seem to be the corporates and politicians.”
Italy’s fastest growing political party, The Five Star Movement, is at the vanguard of leaving the disgusting and filthy corrupt and abjectly punitive EU. Renzi has acknowledged the importance of winning the referendum and tied it to ceding power to The Five Star Movement and exit from the EU. His hubris will be the source of his demise.
Renzi recently acknowledged the risks Italy is facing, telling CNBC: “We’re in a situation where perhaps the Five Star Movement are allowed to lead this country. The people need to understand what voting ‘no’ here means: we learnt that in the UK.”
The prime minister’s big miscalculation, said Scarpetta, was that he believed that the constitutional reform was a top priority for Italian voters who were eager for change. “First, it is clear that for many Italians, the priority is returning to economic growth. The second is that, by personalising the referendum, he has united all the opposition against it,” Scarpetta said.
According to recent polling done by Corriere della Sera, 23% favored passage vs 25% opposed, with 52% undecided. In an EMG poll, 31% favored vs 36% opposed, with 33% undecided.
Clearly, this is going to come down to the wire, just like BREXIT.
Here is globalist hack, Italian Finance Minister Pier Carlo Padoan, telling Bloomberg that everything will be great, with or without passage of the referendum.
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what the oligarchy failed to realise (extra queen’s English) globally was while times were good and the middle class felt “wealthy” those in power could do what they wanted. No one gave a crap about politics, trade or gloabalization.
Since the Financial Crisis, things have gotten even worse for the middle class and there is only so much football and dancing with the stars you can watch before you say WTF!! when 50% of the youth are unemployed, burning garbage and smoking cigarettes they grow restless while being told everything is awesome.
The globalists miscalculated in a major way and are now facked. I think they feel war would create a side show to distract the masses while they continue their plan.
But the game is destroy then build then destroy then build til the end of time. What if the plan is to build in these United Steaks again. Obviously something must be destroyed as well. Long shot but what is not?
True that Ironbird. In fact, part of me thinks DB will not be bailed but allowed to die. I suspect a large or several large firms (US) stand to profit handsomely fro its demise. Further, this will put pressure on the EUR and allow US firms with cash step up and buy at lower prices as the ripple effect goes through the economy and market price advancing the corporate fascist agenda. In the end its the corps that are ruling us not the gov’t. Pure three double scotch (neat) hypothesis from a few nights ago.
What about the panic from all the freelunch liberals after trump wins with greater than 60% popular vote.
You haven’t heard? Trump is done. lol
Trump is Don, not done.
So true. They are running a fucking mirage for President. Can not even get people to go hear here hack and almost die at the “rallies” filled with 300 paid people and child actors faking questions. Walk the masses thru a desert telling them it is just ahead. Just ahead over and over. Does not work when they drop dead or turn back not buying the horseshit anymore. Twilight Zone man.
Country after country will flee the EU Dictatorship
As it seemed with Brexit, one might assume this could be a catalyst for the next leg higher for bitcoin?