EU’s arrogant plan to break defiance in Italy is a dangerous game

After Eurosceptic parties Lega and Five Star Movement thwarted the atempt of pro – EU president Matarella to overturn the democratic vote and prevent the Eurosceptic coalition from forming a government, the EU, showing its usual comtempt for democracy and the welfare of the people has decided to punish the nation and its people, in similar ways to those used to punish Greece, Portugal and Ireland when the diktat of Brussels was defied. The result is Italy no longer has a lender of last resort ready to buy up its sovereign debt, and therefore has no last line of defence for its always dodgy commercial banking system.

As long as Italians remain defiant and refuse to accept a government of EU approved bureaucratic appointees, The European Central Bank will progressively removing its shield as quantitative easing is wound down and purchases of Italian bonds fall to zero. There will be no protection by the end of the year. The Draghi pledge to do “whatever it takes” to prop up Italy’s membership of the single currency system no longer holds.

No ECB rescue will be possible unless the Italian parliament formally authorises the government to invoke the EU /IMF bail-out mechanisms (OMT-ESM) and accepts austerity imposed by Brussels. This would amount to a “Troika” regime similar to the one that wreaked havoc on society in Greece in order to protect the interests of European .

The bail out funds would then have to be approved by a vote in the German Bundestag and the Dutch Tweede Kamer. The terms they would impose on Italy would effectively put that nation under German occupation. An Italian government would not be able to act without permission from Berlin. It is inconceivable that either Lega nationalists and Five Star Eurosceptics would accept such an arrangement. Some of them would see it as a tactical opportunity to free their country from the “German cage” of monetary union.

President Sergio Mattarella may be a man of Virtù but he is also an unelected placeman of the old “casta”. Should he try to deliver Italy to EU budget commissars through a technical government, in defiance of his own parliament, he risks a dangerous breakdown of civil order.

What the EU are overlooking is that Italy, with a population of almost sisty million and the eighth largest economy in the world, might not accept being bullied as Ireland, Portugal and Greece with their small populations and weak economies had to. They are making the same mistake with Britain, and despite the best efforts of Theresa (the appeaser) May to yield to all their demands are making a civilised process leading to Btitain’s exit from the Union impossible.

Europe has gone back to the ridiculous circumstances of the 2011 crisis when Brussels prioritised saving the failinjg single currency over the economic interests of membr states and a Eurozone member state could lose access to the capital markets and slide into bankruptcy, like any private company, or the City of Detroit, or Orange County (1994).

Italy however, despite its perpetual political and financial chaos chaos, is not a poor nation. The country does not have a debt problem as such. While public liabilities (sovereign debt etc.) are high at 132pc of GDP, private liabilities are low. The Bank of International Settlements estimates that total (core) debt is 263pc of GDP, compared to 290pc in the Netherlands, 303pc in France, 321pc in Portugal, and 338pc in Belgium.

Italians have greater financial wealth per capita than the Germans. They have €1 trillion in bank accounts and $3 trillion in liquid assets. The country has a current account surplus of 2.6pc of GDP. It has a primary budget surplus of 1.7pc of GDP, and a better fiscal record lately than France or Spain.

It is rich but it has become trapped in a “bad equilibrium” with an overvalued intra-EMU exchange rate, as a direct result of being forced to accept the Euro single currency twenty years ago, when although it did not meet the qualifying standards set by the EU itself, it was admitted thanks to creative accounting because the project was never about economic stability, but was seen a major step towards political union and a European Superstate.

<!– Source: Restricting QE to break rebel defiance in Italy is a dangerous game –>

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Hundreds of people crammed into flimsy craft for sea crossing to Europe (Source: a.abcnews.go.com/images/)

 

Figures published by the United Nations migration agency show that despite some limited action by the E U the immigration crisis is far from over, with more that 20,000 migrants having made the sea crossing to Europe from Asia and Africa in the first 122 days of 2018. That is only the recorded number of course, an unknown number will have been smuggled into European Union nations.

The International Organization for Migration (IoM) logged 22,439 sea arrivals with 42 per cent arriving in Italy, 38 per cent in Greece, and 20 per cent in Spain,  where illegal, seaborne migration has been steadily rising, as controls in first Greece and then Italy have tightened. The increased number arriving in Spain suggests the organised crime networks behind the human traffic rackets are becoming more sophisticated. Spain’s southern coast is heavily dependent economically on its tourist trade and has always acted decisively to prevent the arrival of illegal immigrants.

According to the report, people-smugglers have also resumed operations on the dangerous Black Sea route to Europe last summer, with almost 500 making landfall in Romania in a month over August-September — but the latest IoM bulletin does not discuss how the situation is developing on this particularly treacherous front. Apart from the particular hazards of the crossing, the authorities in Romania are likely to be less sympathetic to people arriving illegally on their shores, that those in the more liberal nations to the west.

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Italian Elections: It is the EU, Not Russia, Who is the Meddler

The harder the EU tries to impose its globalist agenda on people in some of its member states, the less willing they will be to toe Brussels’ line, Italian journalist Marco Fontana commented on Sunday’s election.

“There is a great deal of outside meddling in Italian politics, but it is coming from EU leaders, like Jean-Claude Juncker, rather than the imaginary “troll factory” in St. Petersburg,” Fontana remarked.

Juncker recently told the media “early March is very important for the EU. There will be referendums in Germany and Italy and I’m particularly worried about the outcome of the Italian elections. We need to be prepared to see the Italians failing to form a working government and, instead, having a provisional one.”

Fontana slammed Juncker, saying such statements, made ahead of Sunday’s elections, as direct meddling and an attempt to influence the election outcome in a sovereign member of the European Union.

“Italian media worries more about ‘fake news’ from Russia than about statements by EU politicians, which can impact the outcome of the Italian elections,” Fontana noted. The same is true of mainstream media in Britain, Germany, France, Netherlands, Austria and in the USA where newspapers and broadcast news channels that were once respected around the world are still pushing the story of collaboration between President Trump and Rusia swung the election when all the evidence to date shows if any collaboration took place it was between The Democrat Party and certain Russian oligarchs who contibuted to The Clinton Foundation in return for political favours.

Fontana, like many independent media commentators, believes that Brussels has failed to learn from Brexit, and the more they try to tell Europeans what to do the stronger the backlash could be. In spite of growing opposition to the brussels agenda, the controlling bureaucracy becomes more authoritarian and more intransigent in response to every challenge.

“Let’s hope that this is exactly what is going to happen again, because the interests of the EU’s technocratic elite are starkly at variance with the interests of the Italian people!” Fontana continued.

“We have already seen the main achievements by the governments of Mario Monti (2011-2013) and Enrico Letta (2013-2014), which bled the Italian economy white, destroyed the social sphere, sent the value of Made in Italy goods down, forced the closure of many construction companies and drove dozens of business people to suicide,” he emphasized.

He said that Juncker had probably tried to forestall the outcome of Sunday’s vote: if the winner fails to garner enough votes to form a Cabinet, the EU could try to persuade Italy to have a grand ruling coalition whose inability to govern will ruin the economy once again. He added that Germany had taken months to form a a new government and no one dared say that the absence of a government was weakening Europe. Italy is another matter, especially with Eurosceptic parties now leading in polls.

Juncker’s statement invited a joint chorus of condemnation from all of Italy’s political parties, save only for President Mattarella, who was the only Italian politician who refused to comment on it.

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Snowflake Special: Snowflake Professor blasts students for walking out of patronising lecture.

by Arthur Foxake
Story is a bit out of date but I sent it to drafts instead of live posts.

Students Walk Out of ‘Patronising’ Sexual Consent Class

We have been planning to start a run of posts on the plague of special snowflakism currently suppressing free speech and attacking the individials right to hold opinions that diverge from the dogmas of politicall correct fascism. Better late than never, so brace yourselves snowflakes, we’rew going to give you a rough ride.

In October 2016 the ‘Women’s Officer’ (Mother Hen) at the University of York labelled students “dangerously naive” after they responded to the imlementation of sexual consent classes, walking out en mass because they felt they were being “patronised”.

Students Union officers argued the “gender neutral” lessons were necessary to protect first-year students’ “physically and mental wellbeing”, following the nationwide moral panic concerning a supposed campus “rape crisis”. This rape crisis is not like the rape crises in Sweden and Germany where victims are gang raped by immigrants of a certain religion and lef bloody and broken, not is it like the mass rape cases in Rotherham, Rochdale, Oxford, Birmingham and many other large town where young girls living in council; care were targeted by men of a certain religion and used as sex slaves. No, some of these university rapes involve young women going to be with men, having sex and then any time from the morning after up to several months later deciding they did not want to do it after all. Needless to say these stupid slappers are supported by feminist groups.

Around a quarter of the 5,000 youngsters summoned defiantly decided to leave the event, arguing that they did not need the lecture or wish to be framed as “potential rapists” by the feminist Women’s Officer.

“We’re Women’s Officers at the University of York. Earlier this year, we were elected after a cross-campus ballot in which we pledged to run consent talks. On Tuesday 27 September, we did just that”, wrote furious Student Union official Lucy Robinson, responding to the protest.

“If you’ve eaten a lasagne, would you automatically consider yourself an expert on Italian cuisine? Probably not. So why then, do we assume that 18-year-olds are experts on sexual consent, just because a number of them will have had sexual experiences?” she argued. Some one should have told her, “Calm down dear, Italian cuisine is a tad more complex than sexual consent.” In fact the act of eating a lasagne may render one knowledgeable about the item you have just eaten, but not knowledgeable on all Italian cuisine. Osso buco, Spaghetti alle Vongole , Cioppino or Chicken Cacciatorere all very different things to lasagne, just as missionary position, blow job, tie and tease or a bit of mild S & M are all different types of sex (and just don’t go anywhere near The Dutch Reverse Steamboat).

Third-year activist Ben Froughi did not agree. He distributed flyers outside the event, informing students that they had no obligation to sit through the classes, and encouraging them to take a stand. Quite right, if she says yes you are OK to keep going until she says no. On the other hand she cannot reasonable claim rape if she only says, No, stop! after you have stopped.

“When handing out the flyers to the final group of the day, one fresher stood beside me and shouted towards the group waiting to enter, ‘We don’t consent to consent talks!’ which got a laugh,” Mr. Froughi told York’s student paper Nouse.

Screen Shot 2016-10-01 at 17.23.31

“Consent talks are patronising; if students really need lessons in how to say yes or no then they should not be at university”, he argued.

“There is no ‘correct’ way to negotiate getting someone into bed with you. In suggesting that there is consent talks, perhaps most damaging of all, encourage women to interpret sexual experiences that have not been preceded by a lengthy, formal and sober contractual discussion as rape.

“Consent talks propagate the backward message that all women are potential victims and all men potential rapists”, he said.

However, the National Union of Students (NUS) guidelines state that universities have a duty to tell freshers the legal definitions of rape and sexual assault, citing wolf-whistles, heckling and jokes about rape as common examples of harassment. Well yes, but where does wise advice stop and self righteous stupidity start? In California there have been moves by the politically correct clueless cunts who run the US state to make men obtain written consent before they get down to serious business. This only made California and the politically correct paskudniaks who run the state governmen an even bigger laughing stock than when they tried to extend full human righs to goldfishes.

The National Union of Students commissioned a report in 2014 claiming that one in five students will experience some form of sexual harassment during their first week of term.
The stats were widely discredited, however, when it was revealed that to the warped, bigoted misandrious mindset of fat, ugly lezzas feminists “unwanted sexual advances”, such as asking a girl to dance, or offering to buy her a drink were classed as harassment .

York’s Feminist Students Union has hit the headlines before after they banned events marking International Men’s Day less than 24 hours after a male student at the University killed himself.
Around 200 staff, students and alumni described the idea of “equality for everyone” as “misogynistic rhetoric” and argued that a Men’s day was wrong “because women are structurally unequal to men”.

Well yes girls, you are structurally unequal to men because we are genetically programmed to take the bullet or blade, fight the monster or swin across the raging torrent to save your lives, so shut the fuck up or in future buy your own drinks and fight your own monster. Oh and if you decide to do a bit of prick teasing for fun, you may be lucky and only encounter gentlemanly types, but don’t always rely on a good outcome.

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Beppe Grillo, the Prime minister of Common Sense

beppeGrillo2_2497670b

Boggart Blog welcomed the arrival of Italian comedian turned political activist Beppe Grillo on the world political scene. At the very least his presence meant we would have one professional clown among a pack of rank amateurs.

But Signor Grillo is proving he is more than just a funny face.

The leader of the Five Star movement who was the big winner in Italy’s election, has said Italy will have to leave the Euro single currency system, reissue the lira and renegotiate its crippling debt.

In the wake of the election results, critics said Grillo lacked political experience? In terms of years served in a national assembly he might, but unlike all the time – servers, vote – hawkers and deal – cutters he has enough economic nous to understand the obvious move for any country, being choked by debt, is to tell its lenders: “We can’t pay, fuck the fucking fuck off.”

Will Italy be shut out from further borrowing by the banks? Yes, but that isn’t bad. It’ll mean Italy becomes fiscally disciplined and in the longer run, that will make it much stronger than other economies.

Berlusconi To Win Prize For Political Correctness

The Italian prime minister Silvio Berlusconi has refused to apologise for his fondness for young women and denied doing anything improper. The punctilliously politically correcy Snr Berlusconi said at a motorcyle show in Milan: “As always, I work without interruption and if occasionally I happen to look a beautiful girl in the face, it’s better to like beautiful girls than to be gay.

So he’s taking his nomination for the Harriet Harperson award for political correctness seriously then?

Stupid Criminal Of The Week – German Bank, Italian Doors

Bank robbers who targeted the bank in Malliss, a small town in northern Germany had planned their crime meticulously in every detail but for one. They had not checked the explosives man’s credentials carefully enough.

The dynamite man it turned out was a bozo. He hugely miscalculated the amount of explosive needed for the bank job but also put the charge in the wrong place. The resulting explosion reduced the bank buiding to a pile of rubble. Cars and buildings a hundred metres away were damaged by the blast.

When the dust cleared the only thing still intact among the smouldering wreckage was the safe.

Anyone know how to say “You’re only supposed to blow the bloody doors off,” in German?

You’re Only Supposed To Blow The Bloody Doors Off” Movie clip from The Italian Job

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