"People and Power", Al Jazeera. Report on Beppe Grillo and the V-Days
If I walk along the street people stop me and use me as a financial consultant. They have read my posts on the economy and they treat me like a prophet.
I am just a book-keeper. Basically economics is simple. The disaster was in front of our eyes, we knew it. Those in Italy who were in key positions
couldnt not know. The problem is that they kept quiet and got on with other things. On 8 July in Piazza Navona, I spoke about the economy, of the risks it was running. The newspapers and the TV channels reported the serious and unheard of offences against Napolitano whom I called Morpheus.
Read the speech. Among other things, I said:
We have one of the biggest public debts in the world: 1,647 billion euro. Each year it increases by 80 billion for the interest. Just in March we paid 23 billion in interest on the debt.
In 2008, 300,000 companies will close. 300,000! And the other small companies are in the hands of the banks with debts that arrive at 780 billion euro. Its not just the State that will go bust. The banks will
.
I, a comic derided by the politicians and the servant journalists, was talking about economics while they were devoting themselves to:
- Fingerprinting the Roma people
- Lodo Alfano
- Abolition of wiretaps
- RAI Surveillance Committee
- Alitalia (already sold months earlier to Air France)
- Law to block trials
- Abolition of ICI tax
- Prostitutes in the streets
- Rete4.
The one who is taking us to the edge of the abyss must
take a step forward and throw himself down. Veltrusconi, basically its worth it, its better to do it on your own rather than wait to be thrown.
Banks and politics are the same thing. If a banker at the head of the biggest bank, perhaps the most solid and well endowed in the country refuses to give succor to Telecom by paying it 2.8 euro when it was worth 1.5 or to enter into the farce of saving Alitalia, then he needs educating. If then the same banker is more than once in confrontation with
Geronzi, the chairman of the supervisory board of Mediobanca, then
Profumo must be punished. Unicredit with its share value plummeting, perhaps nationalized. So that I can eat you better, Italia mia. PS: The end of the line is coming. I repeat: The end of the line is coming.