Deputy Prime Minister of Italy and Minister of the Interior, Matteo Salvini, says the Bank of Italy and Consob, the country’s stock-market regulatory agency, should be “reduced to zero; more than changing one or two people; reduced to zero” and that “fraudsters” who inflicted losses on Italian savers should “end up in prison for a long time.” [It’s hard not to like this guy.] -GEG
On Friday, in a moment of predictive insight, Bank of America correctly warned that the greatest threat to EPS – i.e., markets – in the next 3 years “is an acceleration of global populism via taxation, regulation & government intervention.”
Just one day later, this warning to the financial establishment was
starkly manifest in that ground zero for Europe’s populist revolt,
Italy, where the country’s coalition government hinted at where the
global populist wave is headed next when he slammed the country’s
central bank leadership and stock market regulator, escalating its
attacks on establishment figures ahead of the European parliamentary
vote in May.
Matteo Salvini, the outspoken head of the anti-immigrant League
party, said the Bank of Italy and Consob, the country’s stock market
regulator, should be “reduced to zero, more than changing one or two people, reduced to zero”, or in other words eliminated,and that “fraudsters” who inflicted losses on Italian savers should “end up in prison for a long time.”
As the FT notes,
this latest broadside against Italy’s financial establishment comes as
the two parties which are increasingly at odds with each other amid
speculation Salvini may hold elections to become the sole leader of
Italy, prepare to run against each other in the European parliamentary
elections in May, a contest widely seen as a proxy for national polls.
Meanwhile, both leaders have also increased their attacks against
targets including the EU and French president Emmanuel Macron.
Robert Mueller suggested to Congress that they have a potential obstruction case, which creates an opening for Congress to Impeach the President anyway. The burden may now be on the President to prove he is innocent.
Thai authorities filed a complaint accusing the couple of breaching a section of the country’s criminal code that relates to threatening the sovereignty of a state, and erosion of a state’s independence – these charges carry a death penalty!
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The health department has not disclosed the number of people who contracted measles post-vaccination. One doctor cited in the lawsuit argues the current Brooklyn measles cases are not “a clear and present danger to the public health” sufficient to require a mandatory vaccine order.
Instead of releasing asylum sekers, the Department of Homeland Security will have the authority to detain them indefinitely. The effect is expected to discourage new migrants because they will not be able to work and send money to their country of origin if they are imprisoned.
President Trump rejected a resolution from Congress to end US military support for the Saudi-led war in Yemen. Congress has the legal ability to compel the removal of US military forces, absent a formal declaration of war.
‘Press for Truth’ received a response from the Royal Canadian Mounted Police to his letter sent in 2017 requesting permission to inspect the surveillance video from six different cameras that recorded the January, 2017, mosque shooting in French Quebec.
After President Trump threatened to bus hordes of inbound migrants into sanctuary cities and the sanctuary state of California, Cher, the actress and singer who once advocated welcoming migrants into their homes, has changed her mind.
Stefan Molyneux questions the official story that the fire was accidental and presents reasons for suspecting it is part of the series of recent attacks against Catholic churches that have been blamed on ISIS. There were a dozen incidents of arson or serious vandalism against churches in just one week last month.
Polls show that 71% of Americans favor the single-payer modal when they are told that it guarantees insurance for all, but support drops to only 37% when people are told that the single-payer model will increase taxes.
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