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Italy Will Not Have A President Following PDL Boycott Of Fourth Round Vote

Tyler Durden's picture




 

There had been some hope that the political vacuum in Italy would normalize after the fourth balloting round of presidential voting, in which the candidate agreed upon by both Bersani and Berlusconi, former trade union leader Franco Marini, would be elected with a simple majority, following a failure to elect one in the first three rounds. Marini had been in the lead with 521 votes but short of the two-third majority needed, or 672, to win the vote. Those hopes have now been dashed following news, coming from a tweet by the PDL's Maurizio Gasparri, that Berlusconi's PDL and its ally Northern League will not take part in the vote. This means that Marini will no longer have even the 504 votes needed to get elected with a simple majority and that the entire spectacle was nothing but empty theater. And so the ongoing total political chaos and vacuum in Italy remains.

 

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Fri, 04/19/2013 - 09:39 | 3471355 idea_hamster
idea_hamster's picture

Banzai: Yeah, Be prepared. Yeah-heh... we'll be prepared, heh. ...For what? Scar: For the death of the king. Banzai: Why? Is he sick?

{Sr grabs Banzai by the throat}

Scar: No, fool - we're going to kill him. Simba too.

{Dropping Banzai back onto the floor}

Shenzi: Great idea! Who needs a king? Shenzi (and then Banzai): {Sing-song voices, dancing around Banzai} No king! No king! la-la-la-la-laa-laa! Scar: Idiots! There will be a king! Banzai: Hey, but you said, uh... Scar: I will be king!
Fri, 04/19/2013 - 09:48 | 3471435 toys for tits
toys for tits's picture

I heard that Bozo was available.

Fri, 04/19/2013 - 10:25 | 3471605 TwoShortPlanks
TwoShortPlanks's picture

I feel a come-back is afoot....and it involves PIIGS.

http://en.wikipedia.org/wiki/Ilona_Staller

http://www.ciudadcapital.com.mx/wp-content/uploads/2011/09/Cicciolina.jpg

 

(I really hope someone gets my joke and I don't have to spell it out)

Fri, 04/19/2013 - 11:42 | 3472160 fourchan
fourchan's picture

nesuno guidare la autobus. non bene.

Fri, 04/19/2013 - 11:25 | 3472009 dariomilano
dariomilano's picture

who is boycotting this time around is PD not PDL.. they are very very confused and trying to elect someone who covers MPS scandal!!!

Fri, 04/19/2013 - 09:38 | 3471365 JPM Hater001
JPM Hater001's picture

Just elect the comedian and make it official.

Banana republica

Fri, 04/19/2013 - 09:39 | 3471367 kito
kito's picture

Fonz!!!! Only 450 more points to go!!!!!!!

Fri, 04/19/2013 - 09:47 | 3471436 Dr. Engali
Dr. Engali's picture

It looks like Kevin is on scene.

Fri, 04/19/2013 - 09:40 | 3471386 Yen Cross
Yen Cross's picture

  The Italian 10 year is up slightly. lol.

Fri, 04/19/2013 - 09:45 | 3471387 OneTinSoldier66
OneTinSoldier66's picture

Not that I really care about "representative democracy", which is a just cruel joke on humanity as far as I'm concerned, but I am the curious type: What was the purpose of the "empty theatre"?

Fri, 04/19/2013 - 09:57 | 3471484 Ghordius
Ghordius's picture

it's a bad system, yes. And Yet All The Other Are Worse, at least So Far

but again, the election of the P of Italy has always been... labourious

perhaps they should ask... Andreotti? ;-)

Fri, 04/19/2013 - 10:05 | 3471543 OneTinSoldier66
OneTinSoldier66's picture

Well, I suppose I would need more info and become more informed about what's has happened and what's cureently going on in order to understand, but I thank you for your reply.

Fri, 04/19/2013 - 09:43 | 3471394 youngman
youngman's picture

keep your pasta close and your sauce closer...

Fri, 04/19/2013 - 11:25 | 3472011 dariomilano
dariomilano's picture

y don't have either :D i can tell!

Fri, 04/19/2013 - 09:41 | 3471397 Downtoolong
Downtoolong's picture

Maybe this is all part of the new Template too. After all, who needs presidents, budgets, or any significant government for that matter once the Banksters are running everything?

 

Fri, 04/19/2013 - 09:44 | 3471410 AvoidingTaxation
AvoidingTaxation's picture

Italy and AmeriKa have a lot in common. But Italians do it better. And dont drone children in far away lands.

Fri, 04/19/2013 - 09:44 | 3471411 Dr. Engali
Dr. Engali's picture

Russian nationals stopped at Niagra falls. The bomb squad is on the scene.

 

http://www.wgrz.com/news/article/211292/37/Source-Police-Investigating-C...

Fri, 04/19/2013 - 09:45 | 3471414 Wakanda
Wakanda's picture

Italy functions better without a government.  Bullish

Fri, 04/19/2013 - 09:48 | 3471434 RockyRacoon
RockyRacoon's picture

I don't see how you can draw that conclusion since they've actually never had a real one.  Neither has the U. S. for that matter.   See the correlation?

Fri, 04/19/2013 - 09:50 | 3471458 OneTinSoldier66
OneTinSoldier66's picture

Okay. So, I would have a very strong tendency to believe that the onus is now on you to define what a real Government is. Good luck! :-D

Fri, 04/19/2013 - 09:55 | 3471475 Terminus C
Terminus C's picture

A real government is the one where the individual governs him or herself.  This is the only government in existence.  One may choose to allow others to tell them what to do, but ultimately the decision and consequences are on the individual decision maker.

Fri, 04/19/2013 - 10:03 | 3471517 OneTinSoldier66
OneTinSoldier66's picture

I like it! Well done sir.

Fri, 04/19/2013 - 10:44 | 3471766 Bearwagon
Bearwagon's picture

Are you aware that you're talking of (real) Anarchy?

Fri, 04/19/2013 - 10:48 | 3471785 Ghordius
Ghordius's picture

+1 to the point that talking about "government" would be... pointless

Fri, 04/19/2013 - 09:48 | 3471439 OneTinSoldier66
OneTinSoldier66's picture

I'd definitely agree with that.

Fri, 04/19/2013 - 09:52 | 3471461 agent default
agent default's picture

.

Fri, 04/19/2013 - 09:51 | 3471463 agent default
agent default's picture

Most countries do.  Or at least would.

Fri, 04/19/2013 - 12:13 | 3472377 PontifexMaximus
PontifexMaximus's picture

Right you are and be assured, that the Guado al Tasso's and Solaia's are ready to be drunken with a 4 course dinner in Rome, they have had a hard working day.

Fri, 04/19/2013 - 09:56 | 3471479 mm17101978
mm17101978's picture

I can't believe that the BTP future is somewhere around 113 and the BTP 10-year note is up slightly. Oh well just like there's no difference between farce (English) and farsa (Italian).

Btw, that tweet translates this way: "the PDL party will not take part in the fourth round of voting for the President's election. Bersani with (his support for) Prodi fractures Italy and violates his own promise".

Which begs the question: exactly what did Bersani promise by giving his own word to Silvio B?

In any case, please just give us a bit more time to buy the dip in the gorgeous yellow metal.....everything else becomes secondary to that huge opportunity.

Fri, 04/19/2013 - 10:00 | 3471497 Bearwagon
Bearwagon's picture

So this is what it looks like, if the template can't be implemented unopposed. Serves these assclowns right. What did they think anyways? "Let us give the job to one of our oldest cronies, the people surely won't realize." Yeah, shirley! How pleasant that this shitshow exploded them right into their greedy faces. These fuckers!

Fri, 04/19/2013 - 10:09 | 3471556 Chief_Illiniwek
Chief_Illiniwek's picture

What does it matter?  They exist to serve the Troika.  Get used to it...

Fri, 04/19/2013 - 10:19 | 3471617 pashley1411
pashley1411's picture

I'm not getting this meme for a strong government.

"Strong" governments are good at shipping the hard-earned wealth of their citizens off to squander on some airy-fairy cause of the day.   Italians need to slip off into some alt-currency, without the "leave the Euro" headlines, and continue down their inefficient and squabbling way for another 1000 years.  

Liberals and socialists like strong government.    The rest of us simply want to be left alone.

Fri, 04/19/2013 - 10:21 | 3471627 Mario55
Mario55's picture

PDL is walking away because Bersani under pressure from within his party (PD) has decided to drop Marini and candidate instead Prodi whom Berlusconi cannot vote. (In two previous general elections Prodi defeated Berlusconi). Bersani has unilaterally broken his recent agreement with Berlusconi on Marini's candidacy. 

Fri, 04/19/2013 - 10:22 | 3471628 RiverRoad
RiverRoad's picture

Guess what/who materializes in a leadership vacuum......

Fri, 04/19/2013 - 10:25 | 3471647 Bearwagon
Bearwagon's picture

Italy has often been ahead of other european countries regarding political developments. Most prominent examples being the fascists. They did not emerge in germany, and Hitler was not the master. Do you know, what the name means? It derives from italian language. Benito Mussolini was the grandmaster, soon to be followed by Hitler. Just an example of Italy being ahead, as I said. See any parallels?

Fri, 04/19/2013 - 10:28 | 3471669 RiverRoad
RiverRoad's picture

Yup.

Fri, 04/19/2013 - 10:30 | 3471683 Peter K
Peter K's picture

Do the Freemasons figure in any of this?

Just askin.....

Fri, 04/19/2013 - 10:43 | 3471755 Bearwagon
Bearwagon's picture

Hint: Have a look at Britain ...

Fri, 04/19/2013 - 10:26 | 3471655 Aurora Ex Machina
Aurora Ex Machina's picture

Belgium didn't have a government for a good while there.

 

It's not a smoking ruin, at least that I've heard of.

Fri, 04/19/2013 - 10:28 | 3471671 Peter K
Peter K's picture

Make Drahgi the President. The wizard from behind the curtain. :)

Fri, 04/19/2013 - 11:28 | 3472008 dariomilano
dariomilano's picture

PLEASE CORRECT THE TITLE: is nonsense and very naive..

 

who is boycotting this time around is PD not PDL.. they are very very confused and trying to elect someone who covers MPS scandal!!!

Fri, 04/19/2013 - 11:31 | 3472063 Ghordius
Ghordius's picture

Dario, I'm sorry but our esteemed friends don't understand well our political systems, you should have noticed that by now. Remember, it's about markets: strong government: bullish - weak government: bearish

Fri, 04/19/2013 - 15:40 | 3473587 dariomilano
dariomilano's picture

y are right, thanks :)

Fri, 04/19/2013 - 12:15 | 3472401 PontifexMaximus
PontifexMaximus's picture

Bersani will have a hard time to politically survive this evening.

Fri, 04/19/2013 - 18:09 | 3474366 lolmao500
lolmao500's picture

Good. The faster Italy goes down, the faster this whole EU bitch ends up dead in the ditch.

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