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Quote of the day
The Eurozone Mike Whitney discusses the Eurozone crisis: Funding fears, political gridlock and plunging stocks have pulled the eurozone deeper into crisis. On Friday, the gauges of market stress...
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Italy’s Silvio Berlusconi offers to leave office
“There is no alternative….” Margaret Thatcher According to the New York Times, Italy’s battered and irrelevant Prime Minister Silvio Berlusconi: …offered a conditional resignation on Tuesday, agreeing...
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Bond markets push Italy closer to the abyss
The New York Times reports: Italy’s financial crisis deepened on Wednesday despite a pledge by Prime Minister Silvio Berlusconi to resign once Parliament passes austerity measures demanded by the...
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Once this was a day on which Germany and Italy committed an infamous crime
Once a day on which Germany committed an infamous crime
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Oh, how unfortunate
Silvio Berlusconi — another corrupt and vain politician: A Milan court on Monday convicted former Italian Premier Silvio Berlusconi of paying for sex with an underage prostitute during infamous “bunga...
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