Italy: "An Orgy Worthy Of Bunga Bunga"

Tyler Durden's picture

Submitted by Mark Grant, author of Out of the Box,

OUT OF THE BOX: "THE DEVIL HAS HIS ELECT."

Politics: An occupation akin to numerology and astrology lacking the precision of the former and the success of the later.
 
Having just left Italy I am amused by the new Italian government. Somewhere between promises and outright gifts of money, I suspect, our old friend Berlusconi has managed to place himself in power once again. How very convenient, with two trials pending, that a member of the government cannot be prosecuted in Italy. The old fox has outwitted his antagonists once again and a nod must be given to his achievement. 
 
Politics:  The daughter of Hope and Fear who tosses out platitudes like rice at a wedding and assures everyone that they are Heavenly bliss.
 
No mention in the press of any of this of course. All of the EU “hails, welcomes and applauds” the new Italian government. Mr. Grillo thinks that the new government will last but a few scant months as Europe breathes a sigh of relief that the 5 Star Party is not in control. Far better to deal with the devils that you know rather than new ones that may be far worse.
 
When dancing with the Devil the old boy isn’t changed. It is you that is changed by the dance.


 
Beyond the politics of the moment Italy is besieged by a very serious crisis. As the various central banks dump money into the system the yields on Italian sovereign debt have gone down but this does not change the economic difficulties. The official debt to GDP ratio is 136% but the actual number is somewhere around 280% which is unsustainable by any measure. The banking system in Italy is in dire straits and while the country has private wealth and assets the public sector is quite close to going over the cliff.
 
“The Devil has his elect.”
 
                        -Thomas Carlyle
 
Italy’s difficult position was enumerated in a Bank of Italy report to parliament last week which said the economy was going through its most acute crisis since World War II. Economic output last year was nearly 7% below that of 2007, while disposable incomes had fallen 9.5%. Industrial production had collapsed by 25% over five years, while the building sector shrank 22%. Unemployment had nearly doubled to 11.7% the Italian central bank said.
 
Mr. Grillo’s response to the new government was amusing: “An orgy worthy of bunga bunga.”
 
Perhaps Caligula and his minions have returned to govern the Roman Empire.

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kushmere's picture

Nothing will save the Italians. They get what they deserve.

 

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somecallmetimmah's picture

“An orgy worthy of bunga bunga.”

He wouldn't know bunga bunga if it sat on his face.

kliguy38's picture

Wrong.....that's the only way he would recognise it..:-)

Pure Evil's picture

They call Turkey the sick man of Europe.

I guess they did that so that the Italians could feel good about themselves.

Sudden Debt's picture

Nobody deserves to get pummeld because of the fraud of the elite.

And yet... the entire west will end up holding the bag for what they did.

If you don't mind that the Italians get it... the Spaniards, Greeks, Cypriots, English, Americans... I can only say: have fun when your country goes down the gutters at lightspeed.

Even if you're prepared, your life will end up being totally different because your world will be totally different.

disabledvet's picture

Indeed. "many perils await us in this journey called life." keep your enemies close...but your friends closer.

DaveyJones's picture

bunga bunga

crime victims are not supposed to serve the sentence

Panafrican Funktron Robot's picture

Indeed, Italy is simply one of the dominos, and it's a pretty damn big one at that.  Guess who else is in that chain?  

Navymugsy's picture

Paging Mr. Banzai...there is a slow hanging curveball headed in your direction...

Baader's picture

No worries, Draghi will do whatever it takes...

Bearwagon's picture

Giorgio Napolitano = Paul von Hindenburg

Enrico Letta           = Heinrich Bruening

Italy                     = Weimarer Republik

falak pema's picture

hindenburg never could make a neapolitan pizza : neapolitan pizza

But he did appoint a sauerkraut called Hitler chancellor. 

Do you think that Napolitano can appoint a new musso to Italy?

Then bunga would rhyme with naked pizza! 

Bearwagon's picture

I strongly doubt that Napolitano would make any better pizzas than Hindenburg. And to answer your question: I think, he just did.

luigi's picture

I wouldn't put Letta on the same level as mussolini, he's rather like the governments which preceded the rise of mussolini.

luigi's picture

I wouldn't put Letta on the same level as mussolini, he's rather like the governments which preceded the rise of mussolini.

Cognitive Dissonance's picture

Party like its 1999.

Deja vu all over again.

Proofreder's picture

That's a well-mixed metaphor, CD ...

Stirred or shaken?

In awe still to visualize Prince jammin' with Yogi.

+10

Sudden Debt's picture

You'd better party hard because the world will end in Y2K....

bigdumbnugly's picture

lessee....

a bunga bunga party with the cast of 1999 would put them at around 40 years old now.

meh, still good enough for an ol' dog like me come to think of it...

DaveyJones's picture

come to think of it your avatar does look a little like the artist formerly known...

Svendblaaskaeg's picture

"Deja vu all over again"

It happens when they change something

q99x2's picture

Everything is ok as long as there is money for beer and pizza. If the fish aquarium is taken care of the house is in order.

Sudden Debt's picture

Walking in a desert in a black leather suit... yep...

malikai's picture

If I remember correctly, there's parts of Sicily that look like that.

If not, there's always the south of Spain.

Scro's picture

It can get mighty chilly in the desert in winter time.

Baader's picture

'The Italians are strange people. Loyal glances toward us, so as to share in any success we may achieve.And gifts and minor acts of treachery for the West, so as to keep in their good books too.’
Weizsäcker (1940)

Overflow-admin's picture

PARTY like it's 1999!

steve from virginia's picture

 

 

 

One thing to keep in mind @ all times:

 

EURO = GASOLINE.

 

Greece and Syria are good guides to the future, people will fight to the death/starve their children to drive automobiles.

 

 

new game's picture

or any day...

teacher, teacher leave those kids alone,  dum da dumm dumm dumm

another brick in the wall.

Miss Expectations's picture

Caligula wasn't insane, he was brain damaged.  I read somewhere that he would cover himself in mercury during Roman triumphs.  Admittedly, the difference between insanity and brain damage may be impossible to discern.

Bearwagon's picture

Wouldn't that be an "Organic brain syndrome", ICD-10 F06 / F07 ? (Sorry, but I'm not very familiar with the DSM IV).

Two Theives and a Liar's picture

"Let all the poisons that lurk in the mud....hatch out!"

-I-Claudius

spaceduck's picture

Who cares about gdp anymore? Not the market, not the politicians, not the sleepy people!

Italy have new government, low yelds, good spread, everything is fine! Everything is bullish out there.

And the same is true for the whole europe lol

Bourbonite's picture

Fear not ye golden bears, let the idiots continue playing the game until something gives way, which it will, likely a major political defeat in a largish EZ nation and a big win for the far right, and the wheels will fall off. By that time, late 2013 or in to 14, the mess will be all the more fun to watch. And with ABN forecasting bargain basement gold in the interim , hardly anything to bitch about for us all. Load up on the way and come and stay with us here in sunny Phu Quoc, Vietnam and ill break in to the biggest stash of quality booze this side of Riyadh. More freedom here than you'll know what to do with.

luckylongshot's picture

So the Italians put together a coalition made up of all the corrupt parties of the past, pretty much guaranteeing no solution to Italy's problems ...

Bourbonite's picture

Vietnam free I hear you say? Well yes unless you insist on composing about the VC.

TNTARG's picture

Italy is fucked up with Letta's government, as it was with Monti's.

They all serve the Masters, against the people.

As Beppe Grillo says, it's "La notte della Repubblica".

http://www.beppegrillo.it/2013/04/la_notte_della_repubblica.html

It's been a long ride... For Italy too.

"Moro was “Sacrificed”

Steve Pieczenik, a former State Department hostage negotiator and international crisis manager, “claimed that he played a critical role in the fate of Aldo Moro.” Pieczenik “said that Moro had been “sacrificed” for the “stability” of Italy.” He had been sent to Italy by President Jimmy Carter on the day of Moro’s kidnapping to be part of a crisis committee, of which he said was “jolted into action by the fear that Moro would reveal state secrets in an attempt to free himself.” The action the committee took was to leak a memo saying that Moro was dead, and to have the memo attributed to the Red Brigades. The purpose of this was to “prepare the Italian public for the worst and to let the Red Brigades know that the state would not negotiate for Moro, and considered him already dead.”[14] In a documentary on the subject, Pieczenik stated that, “The decision was made in the fourth week of the kidnapping, when Moro’s letters became desperate and he was about to reveal state secrets,” and that, “It was an extremely difficult decision, but the one who made it in the end was interior minister Francesco Cossiga, and, apparently, also prime minister Giulio Andreotti.”[15]

Moro’s Letters

Among Moro’s released letters, which he was writing while in captivity, he stated that he feared that a shadow organization, with “other secret services of the West … might be implicated in the destabilisation of our country.”[16] During his interrogation while in captivity, Moro even referred to “Nato’s anti-guerrilla activities.” However, the Red Brigades did not use this information,[17] perhaps because, according to the founders of the Red Brigades, the leader of the organization at the time of Moro’s kidnapping, Mario Moretti, was working for the Italian or US intelligence services.[18]"

http://www.globalresearch.ca/operation-gladio-cia-network-of-stay-behind...

Now perhaps it enough with just one guy shooting at the Carabinieri.

So it's Italy walking straight ahead into the New World Order as a sheeple?

To see what is in front of one's nose needs a constant struggle." (George Orwell)

Bunga Bunga's picture

What do you expect? Bunga Bunga always ends deadly.

Meremortal's picture

No worries, people making snarky remarks on the internets will save us!!!

 

TNTARG's picture

Italians may be ok with it. So let's just them go and see what happens.

As an italian citizen, I'm not so happy but I don't live in Italy though I've a lot of family there which doesn't seem to like it.

See, they hate germans, don't understand what's going on, don't link the facts with other PIIGS States, don't really know the ministers (except for Letta, Alfano, Bonino), can't understand how can they got together... They practically ignore what's happening in Ireland, Greece, Spain, Portugal. The ignore the existence of the BIS. They think Bankitalia is the national (state's) central bank  and so on. And when I talk to them, they patronize me because, well, "cosa volete saperne voi!".

Schools don't look so good in the "First World" to me but you know, what can we possibly know!

 

SteelRust's picture

All correct. With an addendum: Italy is not Greece or Portugal. When the maiority of the Italian people will (soon) be reduced to "hunger games", they will revolt and shoot, and the military and the police will be in the first line of the attack AGAINST the power. And from there will start the final fall...