Sunday, November 13, 2011

Italy is not Syria!

The Italians are cheering the ouster of Berlusconi as if they had toppled a dictator.  Hey!  In case they didn't know it, Italy is a democracy and if Berlusconi lasted so long in power it was because the Italians repeatedly voted him into power.  So, at the end of the day they have nobody else to blame but themselves.  And not so much for voting Berlusconi in time and again, but for living way above their means.  Now the time of reckoning has arrived and it won't be pretty.  Maybe the situation will be less dire than in Greece but that is not saying a lot.  For many years, politicians believed that countries did not have to abide by the laws of money (mainly that you cannot spend forever more than you take in).  Now, all of Europe (and soon the USA) is waking up to a harsh reality.  But, hell, it was good while it lasted!

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