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Italy's 87 Year Old Outgoing President To Break Political Impasse, To Get Second Term

Tyler Durden's picture


Update: 87 year old Giorgio Napolitano has been reelected as president of Italy during the 6th consecutive vote. He becomes the first Italian president to serve two terms.

Earlier today the fifth consecutive round of presidential voting in Italy failed to produce the sufficient majority for the country to elect a president courtesy of its fractured political system, especially following the announcement last night from the PD's leader Pier Luigi Bersani that he would quit his post after a president is elected.  More than 440 blank ballots were cast in the fifth ballot today, with the leading vote-getter Stefano Rodota -- the candidate of Beppe Grillo’s 5 Star Movement -- at 210. Shortly thereafter an ingenious solution has emerged: reelect the current figurehead president Giorgio Napolitano for a second consecutive 7 year term so if not a prime minister, Italy, which has devolved into total political chaos since the February 25th inconclusive elections, would at least has a president. There is one problem: Napolitano is 87 years old.

Perhaps the prospect of a 95 year old president in 7 years is precisely the impetus the country needs to shift its economy into overdrive?

From Bloomberg:

Napolitano, 87, who met with caretaker Prime Minister Mario Monti and representatives of the Democratic Party, Silvio Berlusconi’s People of Liberty party and the Northern League today, said “he can’t ignore responsibility toward the country,” according to an e-mailed statement.


The sixth round of voting to elect a president is scheduled to start at 3 p.m. in Rome. The fifth ballot earlier today failed to produce a successor to Napolitano. More than 440 blank ballots were cast in the fifth ballot today, with the leading vote-getter Stefano Rodota -- the candidate of Beppe Grillo’s 5 Star Movement -- at 210.


A candidate needs 504 votes to be elected. Napolitano had said earlier this year that he wouldn’t accept a second seven- year term. Italian Democratic Party leader Pier Luigi Bersani failed to build support for ex-premier and former European Commission President Romano Prodi, who fell short of a simple majority in the fourth ballot yesterday. Bersani announced after that vote that he will resign as PD leader after a president is elected.


If Napolitano is re-elected, he will play the key role in trying to end the political impasse caused by inconclusive elections February 24-25 that failed to produce a viable ruling coalition and led to a hung parliament.

Bloomberg also adds that according to media reports, the octogenarian who is older than Warren Buffett, has the sufficient number of votes to be reelected in the 6th round of voting which will likely take place shortly.

Yet while the presidential election is largely a distraction, and now, a farce, it is the problems in Italy's Democratic Party (PD) that are now center stage, following what appears to be a complete implosion in the party that until two months ago was certain to have the necessary public support to elect the next prime minister. From Reuters:

Center-left leader Pier Luigi Bersani announced his resignation on Friday after party rebels sabotaged two separate candidates he had backed for state president, deepening Italy's political chaos.


Bersani told a meeting of parliamentarians he would quit as Democratic Party (PD) leader as soon as the election of the next head of state was completed, following two dramatic days of parliamentary voting in which successive center-left candidates were scuppered in secret ballots.


"He accepted his responsibility after the disgrace of what happened," Paolo Gentiloni, a senior Democratic Party parliamentary deputy said after Bersani's announcement.


Then disarray in the center-left, which has the most seats in parliament, could make a snap election in the summer more likely to end the political deadlock, but there is no clarity about the next moves after weeks of chaos.


It is unclear who will take over leadership of the badly split party but Bersani's departure could clear the way for arch-rival Matteo Renzi, the dynamic 38-year-old mayor of Florence, to take over.


Bersani's announcement came shortly after former Prime Minister Romano Prodi announced he was pulling out of the race for president after more than 100 center-left electors disobeyed Bersani's instructions to vote for him in parliament.


It was the last of a series of humiliating setbacks for Bersani and blunders that have shredded his ability to hold the center-left bloc together.


The collapse of efforts to secure the presidency for Prodi, a respected international figure, underlined the deep fractures running through politics in a country still seeking a government nearly two months after February's inconclusive general election.


"The politicians should be ashamed of what they're doing to the country. Today we're seeing a level of irresponsibility that goes beyond all limits," said Diego Della Valle, head of shoe group Tod's, one of Italy's most successful clothing companies.

The biggest winner as a result of all of the above? Silvio Berlusconi of course, whose public support is soaring concurrently with the return of political chaos front and center to Italy, as well as a return to aphorisms uttered previously by the infamous Bunga magnate such as these:

"I am without doubt the person who's been the most persecuted in the entire history of the world and the history of man."


"In my opinion, and not only mine, I am the best prime minister we can find today."


Previously, on the same theme: "I am the Jesus Christ of politics. I am a patient victim, I put up with everyone, I sacrifice myself for everyone."


"The best political leader in Europe and in the world."


"There is no-one on the world stage who can compete with me."


"Out of love for Italy, I felt I had to save it from the left."


"The right man in the right job."


"I don't need to go into office for the power. I have houses all over the world, stupendous boats... beautiful airplanes, a beautiful wife, a beautiful family... I am making a sacrifice."


"In Italy I am almost seen as German for my workaholism. Also I am from Milan, the city where people work the hardest. Work, work, work - I am almost German."

.. and perhaps also those by Benito Mussolini:

Democracy is talking itself to death. The people do not know what they want; they do not know what is the best for them. There is too much foolishness, too much lost motion. I have stopped the talk and the nonsense. I am a man of action. Democracy is beautiful in theory; in practice it is a fallacy. You in America will see that some day.

and this:

People are tired of liberty. They have had a surfeit of it. Liberty is no longer a chaste and austere virgin…. Today’s youth are moved by other slogans…Order, Hierarchy, Discipline.


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Sat, 04/20/2013 - 11:54 | 3477066 Debtonation
Debtonation's picture

I sense a record S&P on Monday.

Sat, 04/20/2013 - 12:23 | 3477150 The They
The They's picture

Poor Europeans. Us americans have a proud tradition of liberty to ground us in these times of trouble... What do Europeans have to look to? class struggle? Imperialism? Racialist authoritarianism? Only a movement grounded in the principles of liberty can guide them out of the darkness and into the light.

unfortunately all the italians have is the hyper-inflationist Grillo...

Sat, 04/20/2013 - 12:24 | 3477157 flacon
flacon's picture

Even uber-Keynesian Columbia pH Dee professor Jeffery Sachs finally "GETS IT"!


Sat, 04/20/2013 - 14:03 | 3477456 SilverIsMoney
SilverIsMoney's picture

That's great... 

Sat, 04/20/2013 - 16:02 | 3477961 css1971
css1971's picture


Wanna start a book?

  1. "Slipped in the shower"
  2. "Died of a heart attack"
  3. "Accident while driving"
  4. "Suffered from depression, committed suicide"
  5. "Accidental suffocation while performing deviant sexual practices."
Sat, 04/20/2013 - 12:43 | 3477203 bank guy in Brussels
bank guy in Brussels's picture

Yeah, American 'liberty' must be why 1 out of every 140 Americans is already jailed in the US gulag of 2.3 millions prisoners ... 25% of all the prisoners in the entire world ... many of them doing slave labour for wages lower than in China ... many tens of thousands totally innocent

While in Europe, almost no one is in jail here ... only about 1 out of 1000 people in prison in Europe ...

For all that is screwy about Europe, the destructive euro currency and the EU ... there is little fear here of courts, lawyers, cops and police and prisons

Seems like in reality most Americans cower in fear while in Europe we at least demonstrate and riot a bit


True that Europeans only have about 75-100 million privately owned guns, versus 300 million in the USA

But as Bill Maher says about life in the modern American police state ... US owners of 300 million guns did almost  nothing while every other freedom Americans had was lost

Maher said: « And now, the only right we have left is the guns and nothing left to use the guns to protect. »

(Maher's talk on 'Guns and Civil Liberties in America')

Sat, 04/20/2013 - 12:50 | 3477227 Awakened Sheeple
Awakened Sheeple's picture

Do you have a link for when he said this? Was this on his show?

I used to enjoy Real Time until he started drinking the Obama koolaid. :/

Sat, 04/20/2013 - 13:07 | 3477280 WillyGroper
WillyGroper's picture

Yes, he said it on his show. I got it via podcast & saw him last weekend & he said it again. 

Must be some bitter medicine for him to swallow after donating $1M to Obliar.

Sat, 04/20/2013 - 13:26 | 3477301 Manthong
Manthong's picture

 Bill Maher is, to a large extent correct on this.

 Excuse me, as Maher has said something that is even in the vicinity of making sense, I need to go consume mass quantities even though it is still early in the day.

Sat, 04/20/2013 - 21:06 | 3478816 Awakened Sheeple
Awakened Sheeple's picture

Thank you Manthong.

Sat, 04/20/2013 - 13:04 | 3477273 Urban Redneck
Urban Redneck's picture

Somehow I can't see Bill Maher standing up & applauding someone using a firearm to defend their rights against the American police state.

I'll pass on the cheap bait, thanks. 

Sat, 04/20/2013 - 13:12 | 3477295 Rustysilver
Rustysilver's picture

Bank Guy,

Bill Maher is full of shit. I use to watch his show on HBO until he gave $1m to Obama.

You can find vids of his show on youtube.

Sat, 04/20/2013 - 13:21 | 3477312 The They
The They's picture

Anyone living in the Eurozone is living in a prison.  At least Americans still have control over their monetary policy (even if we've deligated it to bankers).  Also, of course no one over there fears courts and lawyers... the Troika always overrules them whenever they show any spine.


As far as the police go... I'd be more afraid of the neo-fascists.


Liberty may not be mainstream here, but it's growing every day.

Sat, 04/20/2013 - 13:43 | 3477390 kliguy38
kliguy38's picture

Now that is funny.......WE Amerikans have control over our monetary policy???? BWAAAAAA....what planet have you been on.......Neo-fascists??? Police????? WHO do you think protect the neo-fascists........ Liberty growing here every day.........WHERE WERE YOU the last four days...........pure Military Law ........NO rights in entire City locked down over a 19Y/O..........You really don't get it do YOU? You're already get back to 24 on Fox.......

Sat, 04/20/2013 - 13:31 | 3477352 Tango in the Blight
Tango in the Blight's picture

Guns are useless when one is faced with tyranny and one just does not have the willpower and resolve to use them against the tyrants.

Sat, 04/20/2013 - 14:35 | 3477559 Joe A
Joe A's picture

The They forgot his sarcasm tag.

Sat, 04/20/2013 - 15:08 | 3477705 Ban KKiller
Ban KKiller's picture

Won't buy green bananas, right?

Sat, 04/20/2013 - 19:27 | 3478498 Buck Johnson
Buck Johnson's picture

Are you kidding me, the US has a proud tradition of liberty?  Yea right, I guess you didn't see the lockdown of an entire city by the federal govt., or the fact that slavery continued after the constitution etc. etc. etc. etc.. 

Sat, 04/20/2013 - 12:23 | 3477151 flacon
flacon's picture


Sat, 04/20/2013 - 12:32 | 3477181 Bearwagon
Bearwagon's picture

"These questions are formulated by people who vastly underestimate what the Euro means for the Europeans, for the Euro area. They vastly underestimate the amount of political capital that has been invested in the Euro."

Sat, 04/20/2013 - 12:40 | 3477199 flacon
flacon's picture

LOL! Who said that? Fucky the clown? Or whas that Mario the Dragy? No difference really.

Sat, 04/20/2013 - 12:51 | 3477229 MrTouchdown
MrTouchdown's picture

Que the Godfather:

"Whataya gunna do? You gunna leave the Euro? You can't leave the Euro. You got a nice shop here. Something might happen to it if you leave the Euro, and we don't want that to happen, do we? You give us your bank account, put your kids in the military and do what we tell you, capisca!?"

Sat, 04/20/2013 - 12:36 | 3477191 The They
The They's picture


Down with the Eurofascists!

Sat, 04/20/2013 - 13:05 | 3477278 Urban Redneck
Urban Redneck's picture

Well not voting in Mr. Euro himself (Prodi) was at least a step in the right direction.  There are only so many ties you can invite the Devil into your home before you find yourself living in Hell.

Sat, 04/20/2013 - 15:19 | 3477768 Non Passaran
Non Passaran's picture

The article says Prodi is respected.

Prodi is not respected. He is scum.  


Prodi's programme consisted in continuing the past governments' work of restoration of the country's economic health, in order to pursue the then seemingly unreachable goal of leading the country within the strict European Monetary System parameters and make the country join the Euro currency.


Sat, 04/20/2013 - 13:02 | 3477266 Bangin7GramRocks
Bangin7GramRocks's picture

Don't laugh America! Some of you elected that racist cocksucker Strom Thurmond long after he stopped shitting in a toilet.

Sat, 04/20/2013 - 13:23 | 3477320 Urban Redneck
Urban Redneck's picture

Strom may have been a racist SOB, but he probably wasn't a cocksucker, since that fucker was molesting teenage girls from his wheelchair in the halls and elevators of the US Capitol before during and long after they threw Packwood out or they started allowing the Pecker-freaks in, and unlike fellow Klansman the Hon. Sen. Porky Pig, there appears to be physical evidence he must have gotten over his racism on at least one occasion.  

If you want to lob incendiary terms at a deserving target, feel free, but use terms that might actually be believable.

Sat, 04/20/2013 - 17:06 | 3478153 Urban Redneck
Urban Redneck's picture

Does anyone know if Ar-Pharazôn voted for the DEAD GUY they just elected to the assembly in his neck of the woods?

Weekend at Bernie's - Swiss Edition


Sun, 04/21/2013 - 05:42 | 3479668 i-dog
i-dog's picture

Since dead people typically cast a large proportion of votes, it's not unexpected that they would elect a dead person.

No taxation [of the dead] without representation!!

Sat, 04/20/2013 - 13:04 | 3477275 Silver Bug
Silver Bug's picture

Wow this is just sad. Obviously this guy has been doing a horrible job. But then again havn't just about all politicians!


Bernanke's Worst Nightmare.

Sat, 04/20/2013 - 13:08 | 3477284 Gringo Viejo
Gringo Viejo's picture

The Robert Byrd of Italy

"I love You Ted! Sob!"

Should be good for some yuks.

Sat, 04/20/2013 - 11:56 | 3477073 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

Scendere il mio prato!

Sat, 04/20/2013 - 12:00 | 3477085 francis_sawyer
francis_sawyer's picture

Get. Off. My. Lawn. [lol]

Sat, 04/20/2013 - 12:25 | 3477158 The They
The They's picture

Yeah! and stop speaking mexican!

Sat, 04/20/2013 - 16:40 | 3478097 Bam_Man
Bam_Man's picture

Lei i ragazzi!

Sun, 04/21/2013 - 03:27 | 3479610 dariomilano
dariomilano's picture

non si dice così in italiano!

Sat, 04/20/2013 - 11:58 | 3477081 prodigious_idea
prodigious_idea's picture

"Napolitano, 87, who met with caretaker . . ."

Pretty much sums is up

Sat, 04/20/2013 - 12:15 | 3477128 RhoneGSM
RhoneGSM's picture

met with under taker. fixed it


Sat, 04/20/2013 - 13:02 | 3477271 booboo
booboo's picture

He has been briefed by his right hand man "Digger" Odell

Sat, 04/20/2013 - 12:16 | 3477131 butchee
butchee's picture

That all Depends......

Sat, 04/20/2013 - 12:00 | 3477084 Bearwagon
Bearwagon's picture

Die already, you braindead zombie!

Sat, 04/20/2013 - 12:19 | 3477142 butchee
butchee's picture

Banca Monte Dei Paschi Di Siena: "you talkin' to me?"

Sat, 04/20/2013 - 12:00 | 3477087 Kaiser Sousa
Kaiser Sousa's picture

Italians - fucking clowns....

send in the comedian...he'll straighten this shit out for those banker slaves....

Sat, 04/20/2013 - 12:11 | 3477116 NoDebt
NoDebt's picture

Careful where you throw that stone.  We're living in an amply windowed house ourselves.

Sat, 04/20/2013 - 12:59 | 3477258 Kaiser Sousa
Kaiser Sousa's picture

not be by virtue of your name sake...

and, only real money around my parts...

freedom begins with leaving their debt based currency paradigm and rigged fucking casino...

starve the beasts (read:sociopath fucking cocksuker bankers)...

Sat, 04/20/2013 - 12:01 | 3477088 francis_sawyer
francis_sawyer's picture

BRING OUT YOUR DEAD!... "But I'm not dead yet..."

Sat, 04/20/2013 - 12:03 | 3477093 gimli
gimli's picture

If he retires at 94 he'll get a dandy pension.

Sat, 04/20/2013 - 12:15 | 3477132 MarcusLCrassus
MarcusLCrassus's picture

He wants a pension?  What is he some kind of communist?

Sun, 04/21/2013 - 03:27 | 3479611 dariomilano
dariomilano's picture

actually he IS a communist

Sat, 04/20/2013 - 12:34 | 3477188 Banksters
Banksters's picture

If someone ground up vitamins in his pudding, he may make it.  However the thousand yard stare indicates that the hamsters have left the wheel.

Sat, 04/20/2013 - 12:04 | 3477096 Rustysilver
Rustysilver's picture

Why not George Soros; wait, he's dead.

Sat, 04/20/2013 - 12:05 | 3477098 fonzannoon
fonzannoon's picture

Hey to anyone out there....I can get silver maple's right now on blanchard's website for what looks like a real good price...Should I?

I have never bought anything online. Any thoughts are appreciated.

Sat, 04/20/2013 - 12:11 | 3477117 Bearwagon
Bearwagon's picture

I'm not an expert on PMs, but generally I would be careful with such choices over the weekend.

Sat, 04/20/2013 - 12:20 | 3477144 fonzannoon
fonzannoon's picture

Okay, good point.

Sat, 04/20/2013 - 12:29 | 3477134 ekm
ekm's picture


Sun, 04/21/2013 - 04:41 | 3479647 ebworthen
ebworthen's picture

I could be completely wrong on this but there is usually a price drop day before or day of options expiration which is this Thursday the 25th.

As was said, prices stay the same over the weekend and they ramped up a little bit before the close Friday.

Personally, I'm waiting until Wed.-Thurs. to see what happens.

I've had good luck with Apmex for Gold, though their over spot on Silver tends to be a ridiculous 9%-10% unless you buy a 100 oz. bar.

Have never dealt with Blanchard; I would open up Apmex and Blanchard and do a cost comparison.

Best of luck, and when you buy - welcome to the war on fiat money and central banker shenanigans.

Sat, 04/20/2013 - 12:13 | 3477122 broken87
broken87's picture

wow that guy is retarded ---->berlusconi

Sat, 04/20/2013 - 12:17 | 3477140 A Lunatic
A Lunatic's picture

Democracy is a fallacy, which is why we created a REPUBLIC. Of course it devolved into democracy and quickly deteriorated from there into Fascism, but hey, whatever keeps the trains on schedule...........

Sat, 04/20/2013 - 12:24 | 3477152 Atomizer
Atomizer's picture

This man doesn’t realize that a number of IB (Investment banking vultures) have already drawn up a CDO portfolio to sell off debt once he passes away. Who knows what the repayment ratio is.. they have to sell bad debt off their books. The tranche 500bps spread, Tranche 15-20.



Just wait until we start betting on their lives.. Fugitives should bank higher yields.

Sat, 04/20/2013 - 12:26 | 3477165 fonzannoon
fonzannoon's picture

These guys don't die they just mature and are rolled over.

Sat, 04/20/2013 - 12:23 | 3477154 urbanelf
urbanelf's picture

Jezuz.  Makes Ron Paul look like a spring chicken.

Sat, 04/20/2013 - 12:25 | 3477156 mrmister
mrmister's picture



Sat, 04/20/2013 - 12:26 | 3477160 Bearwagon
Bearwagon's picture

Damn it! The farce is with them. Always!

Sat, 04/20/2013 - 12:26 | 3477161 1971
1971's picture

Only 10% of the people who make to their 80's get out of their 80's.

Sat, 04/20/2013 - 12:30 | 3477170 ekm
ekm's picture


Do not forget, Berlusconi told Merkel and Draghi to fuck off at the point that Draghi stopped buying italian bonds.


The man is addicted to power but he wants to rule, not be told what to do.

He is not sheeple. He's elite against elite.


Pure entertainment.


Sat, 04/20/2013 - 12:33 | 3477183 Miss Expectations
Miss Expectations's picture

On a short enough timeline...

Sat, 04/20/2013 - 12:37 | 3477192 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

The real question is who power behind the old man using him as the equivalent of political shield.

Sat, 04/20/2013 - 12:41 | 3477200 Bearwagon
Bearwagon's picture

How about Sacksman Gold?

Sat, 04/20/2013 - 12:45 | 3477212 Sandmann
Sandmann's picture

Thatcher is 87 years old and seemingly undead in the Daily Telegraph so Napolitano has prospects

Sat, 04/20/2013 - 12:52 | 3477230 Dr. Engali
Dr. Engali's picture

I didn't realize Berlusconi was such a humble man.

Sat, 04/20/2013 - 13:26 | 3477333 walküre
walküre's picture

Aren't all Italian men?

Sat, 04/20/2013 - 18:59 | 3478453 Ghordius
Ghordius's picture

LOL indeed he is quite typical of his generation (born in the 30's) and many Italians have a relative prone to his bombastic self-cartooning style

his reference actually correct, Lombards are are a Germanic tribe, and he is using it as political signal - of a willingness to moderate his anti-euro tone if... courted

The consequence of choosing Napolitano is... more Monti 'till the next elections - and not necessarily soon, too

It's a fact that Italians would not choose the same kind of politicians than let's say Brits, and this republic has a constitution specifically designed to have a weak executive branch whenever the parliament is undecided - which is only a reflection of how the sovereign people is still pondering what course is acceptable

autopilot, for now...

Sat, 04/20/2013 - 20:03 | 3478597 StychoKiller
StychoKiller's picture

Belgium survived not having a Govt for around a year...

Sat, 04/20/2013 - 13:00 | 3477246 pashley1411
pashley1411's picture

I'm waiting for some south European central bank to introduce an alt-currency to the Euro, maybe base it on something of value (olive oil?)  and then price all "internal" accounts in the alt-currency, including tax collection, government expenditures, and future issued government bonds.  That way Italy can fiscally leave the Eurotarbaby, and still send its politicians to a place at the table at the Brussels junket.   win-win

You are never ever going to reduce the size of government in these societies with client-based politics; for them its the only reason government exists, and, in Italy's case, goes back to the Romans.  

Sat, 04/20/2013 - 19:04 | 3478462 Ghordius
Ghordius's picture

client-based politics is one thing, overspending a different one

many Italians don't mind the first as long as budgets are balanced

Sat, 04/20/2013 - 12:57 | 3477253 SK8boarder
SK8boarder's picture

420 today,,, BitCHEZ get to Denver fast...  50 thousand people enjoying the mile high,,  6E can wait, try to forget about holding over the weekend,    

Sat, 04/20/2013 - 18:08 | 3478329 Atomizer
Atomizer's picture

The Mile High Club is having sex in the bathroom of a aircraft. Don't mix up your drug induced mind with facts..

Sat, 04/20/2013 - 20:07 | 3478607 StychoKiller
StychoKiller's picture

Perhaps it should be renamed to the "airplane restroom sex club" instead, since Denver is around 5280 ft (1 mi) above sea level.

Sat, 04/20/2013 - 12:57 | 3477254 Fuku Ben
Fuku Ben's picture

The Italian economy is ripe for a fascist takeover


Time to bring in Il Douche Part Deaux


Der Furher needs a pal help kick off the 21st centuries European beer hall putsch while she lets her toothbrush mustache fill in

Sat, 04/20/2013 - 13:02 | 3477268 Edward Fiatski
Edward Fiatski's picture

"the leading vote-getter Stefano Rodota -- the candidate of Beppe Grillo’s 5 Star Movement -- at 210."

The peasants are getting restless. Watch out for the next spark of nationalism in Europe.

Sat, 04/20/2013 - 13:07 | 3477283 maskone909
maskone909's picture

Just got back from coin shop... Its DRY out there. Was lucky to get 40 se and 2 krugers

Something funny is in the air

Sat, 04/20/2013 - 13:09 | 3477290 ekm
ekm's picture

Which state?

Sat, 04/20/2013 - 13:12 | 3477296 maskone909
maskone909's picture

CA so cal

Sat, 04/20/2013 - 13:27 | 3477338 walküre
walküre's picture

WA and OR is dry too

Sat, 04/20/2013 - 13:12 | 3477292 Misean
Misean's picture

Hey you kids, get off my lawn!

Sat, 04/20/2013 - 13:18 | 3477304 Joebloinvestor
Joebloinvestor's picture


Yeah that will fix everything.

Sat, 04/20/2013 - 13:32 | 3477358 Iam Yue2
Iam Yue2's picture

Don't be so fucking ageist.

Sat, 04/20/2013 - 13:42 | 3477381 Misean
Misean's picture

That's right, you whipersnappers! I remember when Il Duce was saying......


Where's my hat?!?

Sat, 04/20/2013 - 14:11 | 3477485 jubber
jubber's picture

pretty profound Mussolini quote I thought

Sat, 04/20/2013 - 14:14 | 3477496 de3de8
de3de8's picture

It's the new 60.

Sat, 04/20/2013 - 14:23 | 3477529 jubber
jubber's picture

Guess the FTSEMIB  will be up another 2% Monday then and BTP down to 3%

Sat, 04/20/2013 - 14:36 | 3477580 Joe A
Joe A's picture

They would have to wake him up and change his nappy before he can sign anything into law.

Sat, 04/20/2013 - 14:54 | 3477652 falak pema
falak pema's picture

just goes to show nation state governments are irrelevent. The private oligarchy rules the economy and the political class just tags along...Berlu and his friends pull the strings behind the curtain, leaving the debt burden to the impoverished state and tax payer economy. Italy is land of oligarchs, 1% owns more than 50%...even Germany is not there.

Sat, 04/20/2013 - 15:59 | 3477960 PontifexMaximus
PontifexMaximus's picture

Thats the problem of the country and.....Europe

Sat, 04/20/2013 - 15:46 | 3477895 PontifexMaximus
PontifexMaximus's picture

You have to burn all the asses of those reps. of the camera snd the senate of the Italian government, fucktards. I am so upset, they do not realise, that the country is on the razor's edge! But they, as " la casta politica" are well off, enjoying all the benefits. Napolitano in charge can send them all to hell. Will he do it, for the sake of the country? I don't know. Should we ask Angela and Mario in Frankfurt am Main?

Sat, 04/20/2013 - 16:35 | 3478083 Bam_Man
Bam_Man's picture

I think he's Janet Napolitano's grandfather. Certainly is old enough.

Sat, 04/20/2013 - 17:40 | 3478267 Colonel
Colonel's picture

Blackshirts run in the family.

Sat, 04/20/2013 - 21:29 | 3478885 dogbreath
dogbreath's picture

Rubber Stamp Napolitano



When he dies in office who will be appointed his replacement

Sat, 04/20/2013 - 22:47 | 3479122 pietrod21
pietrod21's picture

our old mediterranean political form of power is under attack by the money monopolist in us and uk....we are under attack:


they want a world where the only form of power is money landing......we will demonstrate to them that they have a lot more to learn from us....

Sun, 04/21/2013 - 04:25 | 3479638 Mario55
Mario55's picture

"Prodi, a respected international figure". 

On what ground does Reuters base this statement? because Prodi was president of the european commission? Prodi is just another professional politician like so many other ones who have been trying during all their life to stick around in the alleys of power.

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