Italians Rejects Austerity
by Stephen Lendman
Austerity is financial war on humanity.
It's high time voters somewhere did. It transfers wealth to bankers, other corporate favorites and rich elites.
It wrecks economies. It creates poverty, unemployment and human misery. It turns countries into dystopian backwaters.
Italian voters said no more. They rejected Mario Monti extremism. He represents unelected technocrat government. They did so overwhelmingly.
Over 90% spurned him. Economist Paul Krugman calls him "a proconsul imposed by Germany." Goldman Sachs installed him. He's a Trilateralist. He's a Bilderberg member in good standing. Some call him "Three-card Monti" for good reason.
He belongs to the right wing Atlantic Council. He's a member of its Business and Economics Advisors Group.
Money power drives his agenda. He prioritizes enriching bankers. Doing so force-feeds austerity.
Where things go from here remains unclear. Progressive Radio News Hour (PRNH) regular Ellen Brown discussed Beppe Grillo on air.
He's a comedian. He emerged from nowhere. His Five Star Movement won over about 25% of Italy's electorate.
It's the dominant lower house Chamber of Deputies party. It achieved 54 of 308 Senate seats. Achieving it was unprecedented.
It stands for publicly owned water, sustainable mobility, development, connectivity, and environmental protection.
Grillo's its nominal head. He has clout. His campaign struck important nerves. Traditional Italian politics is corrupt, he said. It's rotten to the core.
Italians need no convincing. Grillo's campaign stressed it. He was effective doing so. He scorned Italy's entrenched system. He called it irresponsible, incompetent, and extravagant. "They must all go," he demanded.
Brown discussed him. He rejects traditional politics. He wants QE going to people. He wants populism replacing neoliberal harshness.