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Monday, March 05, 2018

Forza Italia!

Italy deals a serious blow to the globofascists of the EU:
Italy entered a period of political instability on Monday after national elections boosted populists but failed to produce a winner with enough support to patch together a parliamentary majority. With about 95% of votes counted early Monday, the antiestablishment 5 Star Movement was projected to win 32% of the vote—exceeding expectations and emerging as Italy’s largest party.

The 5 Star Movement, which has won a large following by denouncing Italy’s conventional politicians as corrupt, has long been hostile to the idea of forming governing pacts with other parties. Despite some signs of greater flexibility recently, many observers believe a government led by the movement will be difficult to assemble.

“Nobody can govern without the 5 Star,” Riccardo Fraccaro, a leading party member, told a news conference after the vote.

On paper, the 5 Star could form a government with another populist group, the anti-immigrant League. Such a populist coalition, which would shock Italy’s and Europe’s establishment and possibly challenge European Union rules on economic policy, faces political hurdles, however, given major differences between the parties’ ideology and political strategies up to now.

The conservative coalition that includes the Forza Italia party of former prime minister Silvio Berlusconi was projected to win about 37% of the vote, falling short of a majority in either chamber of parliament. Forza Italia itself emerged as one of the big losers on the night, getting 14% the vote, about four points less than its main ally, the League.

The center-left Democratic Party, mainstay of Italy’s government in recent years, suffered worse-than-expected losses and was projected to win only around 19%.
Movimento Cinque Stelle makes the establishment nervous, because they are unpredictable. But it is Matteo Salvini and La Lega that really scares them, as you can see by the way The Wall Street Journal doesn't even directly mention the fact that they got 20 percent of the vote, more than the so-called "mainstream" Democratic Party.

I, for one, would love to see a Cinque Stelle / La Lega government. Stop the migration, deport the migrants, get out of the Euro, get out of the EU. Those should be the first four government policies and both parties should be able to agree on them. This is particularly important since the idiot Germans just assured themselves a fourth term of Merkel's disastrous and destructive regime. Salvini has rejected the idea of a populist coalition, but it is still very early days and the final results haven't even been announced.

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35 Comments:

Blogger JACIII March 05, 2018 8:11 AM  

Go Italy!

"idiot Germans". Exactly what I have been thinking all morning.

We did not so much "rescue" the East Germans form oppression as rip them from their natural state of bootlicking bliss.

Blogger Sterling Pilgrim March 05, 2018 8:18 AM  

So is this more akin to a Trump victory or the Brexit vote? After Brexit, I'm a bit more careful to think a vote to MEGA is actually going to help dissolve the EU.

Blogger Looking Glass March 05, 2018 8:18 AM  

Was waiting for comment on this. This one is going to be really wild. It probably won't be the longest lived Italian government, but it should be the most consequential since the 1970s.

It's always a good idea to bail from any alliances with Germany, as history shows it'll just end badly. In Italy's case, both Germany & England.

Blogger Haven4plants March 05, 2018 8:24 AM  

Looks like the South have voted in their masses for anti EU parties. Well done Italians.

Blogger John M March 05, 2018 8:24 AM  

Movimento Cinque Stelle is highly predictable....... Luigi Di Maio has been trying to pivot the party away from its anti-EU roots and into a Bernie Sanders party. What that will happen next is that they will try to form a government with the PD. Whether or not the PD will play ball is hard to say, but a M5S/PD coalition is likely to be more stable than a M5S/LN one.

Anonymous Anonymous March 05, 2018 9:04 AM  

Well done Italy. Of course, can't believe a word of what the MSM says about this, so we will have to depend on reports from Vox Day and any Italian Ilk.

Hopefully Cinque Stelle and La Lega can form a strong nationalist coalition.

--ZhukovG

Blogger Peaceful Poster March 05, 2018 10:18 AM  

Italians know what's up. They will likely be the first country to exit the Euro.

Modern Monetary Theory (MMT) has a big following in Italy. Granted, there are some problems with MMT but it does essentially promote nationalism in the form of sovereign currencies.

Steve Keen is pretty tight with the MMT people.

Blogger Howard Stone March 05, 2018 10:39 AM  

Trump has started a trade war that conservatives don’t have the stomach for.

Anonymous Anonymous March 05, 2018 10:50 AM  

Howard Stone March 05, 2018 10:39 AM
Trump has started a trade war that conservatives don’t have the stomach for.


That should come as no surprise. U.S. Conservatives haven't shown the stomach to fight ANYTHING over the past several decades.

Blogger Dire Badger March 05, 2018 10:54 AM  

Cucks see fighting for American's rights or economic position as crass, lowbrow, and un-presidential.

Blogger Jourdan March 05, 2018 11:05 AM  

@5 is correct. Look for 5Stars to "mature" and step up to "responsibility" and save the EU consensus.

Blogger Jack Amok March 05, 2018 11:09 AM  

MMT is a crock of crap with too much Keynesian taint to it, but that's about par for the course with economic theories these days. MMT acknowledges the existing of "real wealth" but then goes to great lengths to disconnect real wealth from financial wealth so they can indulge in an orgy of double-entry bookkeeping.

Keen's take is better than the pure MMT folks I suppose in that Keen starts with the private sector and MMT starts with government.

Blogger peppermint88 March 05, 2018 11:14 AM  

Off topic, but like Trump said, trade wars are easy to win when you're fighting from a deficit (and are the US, the one country that easily has the potential to make everything).

Expelling migrants thus demonstrating that expelling migrants is possible is probably the single most important thing for any EU country to do. Killing the EU and Euro would be an afterthought.

Blogger Ominous Cowherd March 05, 2018 11:23 AM  

So, is there any way the US could lose a trade war, except by surrendering?

Blogger Resident Moron™ March 05, 2018 11:41 AM  

The Italians are ahead of the Germans for two simple reasons: geography and economics. They suffer first and foremost from the African invasion because theyre (A) closer and (B) less able to finance it.

Adjusted for these factors the German and Italian election results are almost identical in their import. The globalist Italian establishment will attempt any perverse combination rather than let the anti-globalists rule, just as the German globalist establishment have done. If they fail it will be because Italy has suffered more obvious and immediate harm, not because they’re smarter than Germans.

Blogger Resident Moron™ March 05, 2018 11:42 AM  

@Ominous:

No..

Blogger Daniel Paul Grech Pereira March 05, 2018 11:58 AM  

Germans are retarded.

Blogger tuberman March 05, 2018 12:29 PM  

MIGA...Great news!

Blogger Jourdan March 05, 2018 12:45 PM  

"Despite stating the contrary during the run up to the vote, Five Star has now announced it is open for coalition talks with other parties."

Ha ha ha ha..so predictable.

Blogger Skyler the Weird March 05, 2018 12:47 PM  

Bavariexit? Maybe the smaller German States should undo what Bismarck hath wrought?

Anonymous Anonymous March 05, 2018 12:54 PM  

@17. Daniel Paul Grech Pereira
Germany isn't even a sovereign Nation.

Blogger Snidely Whiplash March 05, 2018 1:01 PM  

Ominous Cowherd wrote:So, is there any way the US could lose a trade war, except by surrendering?
Since surrendering in the event of trade dispute has been the official Us policy since Nixon at least, it's hard to tell.

Blogger Grape March 05, 2018 1:22 PM  

Make Trains Run On Time Again

Blogger James Dixon March 05, 2018 4:34 PM  

> So, is there any way the US could lose a trade war, except by surrendering?

To the EU? No. To China? Maybe, but not likely. Rare earth metals are about the only thing we really need that they have.

Blogger Snidely Whiplash March 05, 2018 4:45 PM  

James Dixon wrote:Rare earth metals are about the only thing we really need that they have.
We have plenty. It's just that all the US mines are closed because it's much cheaper to mine in a country without significant environmental regulation.

Blogger Unknown March 05, 2018 5:08 PM  

This is great news for Britain. The EU breaking apart solves all our problems. Then we can move onto to the internal constitutional settlement, which will decide if the not-British population remains or is sent back. For Italy this is them establishing their state independence from the EU and Globalism, they can now move into North Africa and stop the flow of migrants head on. This also means Italy will break up into city states and Kingdoms once again. Which is no bad thing.

Anonymous Anonymous March 05, 2018 5:58 PM  

Barnhardt's latest covers the topic.
https://www.barnhardt.biz/2018/03/05/a-little-more-good-news-italy-aint-buyin-what-antipope-bergoglio-and-the-e-u-are-sellin/

The video at the bottom is in Italian with subtitles.

One phrase was not Italian; that phrase? "Fake News"

Salve! imperatore Trump!

Blogger Ominous Cowherd March 05, 2018 7:39 PM  

Snidely Whiplash wrote:James Dixon wrote:Rare earth metals are about the only thing we really need that they have.

We have plenty. It's just that all the US mines are closed because it's much cheaper to mine in a country without significant environmental regulation.


Prince of Wales Island has at least one REM mine on it, as I recall.

Blogger CoolHand March 05, 2018 8:39 PM  

There are rare earth deposits all over the US, but ours tend to also contain high percentages of Thorium, which thanks to our environmental regs, has to be treated as a radioactive waste on par with plutonium from a fission reactor (instead of being purified and stockpiled for doing something useful with as ought to be done). This stupidity makes RE mining in the US unprofitable at basically any commodity price, as your process will generate thousands of tons of "nuclear waste" that costs thousands of dollars PER POUND to dispose of. Because EPA says so.

If you want to save the US economy and get back to actually making things here besides lattes and handjobs, the EPA must be razed to the ground and something far less extensive and institutionally retarded erected in its place.

EPA delenda est.

Anonymous Anonymous March 05, 2018 10:56 PM  

Thorium as in Thorium reactors?

Blogger Snidely Whiplash March 06, 2018 12:37 AM  

Yes, the most abundant proven nuclear fuel on the planet.

Blogger Dirk Manly March 06, 2018 3:53 AM  

This comment has been removed by the author.

Blogger Dirk Manly March 06, 2018 3:54 AM  

@24

>> So, is there any way the US could lose a trade war, except by surrendering?

>To the EU? No. To China? Maybe, but not likely. Rare earth metals are about the only thing we really need that they have.

===

We don't need rare earths from China. We can get those from Africa and South America.

Blogger Dirk Manly March 06, 2018 3:57 AM  

@22

"Since surrendering in the event of trade dispute has been the official Us policy since Nixon at least, it's hard to tell."

Relax.

Trump's idea of surrender is that he receives the surrender of others.

And Congress has not one iota power to negotiate international agreements. Their only power is to approve or torpedo what the Pres. and his envoys negotiate.

And Trump hasn't negotiated a bad deal for himself or those on his side in decades.

Anonymous Anonymous March 06, 2018 4:25 PM  

Snidely Whiplash wrote:all the US mines are closed because it's much cheaper to mine in a country without significant environmental regulation.
Expect that to change in the very near future.  Rare earths are anything but rare, and efforts to pull them out of acid mine drainage and coal-ash dumps are proceeding.

Second what CoolHand says.  If the NRC would only allow it to be used as nuclear fuel the US could become self-sufficient for that too.

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