Salvini Calls for Elimination of Italy’s Central Bank and “Prison Time for Fraudsters”

Italy's Deputy Prime Minister Matteo Salvini, Wiki
image_pdfimage_print
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.

Read full article here…

Related Post

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

Politics

Paris: Was the Notre Dame Cathedral Fire an Accident?

April 16, 2019 Stefan Molyneux 2

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.

Classifieds

For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.

For Sale

Ten Days at Jekyll Island, a novel by Patrea Patrick, tells the true story of a secret meeting held in November of 1910 on a privately owned resort island, the outcome of which drastically changed the world. It was at this meeting that a banking cartel was forged; a cartel that, three years later, would be issued a government charter to do business as The United States Federal Reserve System. You will discover why secrecy was essential. Based on historical documentation from The Creature from Jekyll Island by G. Edward Griffin. (More)

 


Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)

 


1
Leave a Reply

avatar
1 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
1 Comment authors
Ron Avery Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Ron Avery
Guest
Ron Avery

I’m with you Ed. It’s hard not to like this guy! I’m ready for an international sovereign nation uprising against banks who think they have authority to rule the world. They do not and they cannot prove it. They need to be shut down globally with no place on earth or heaven to hide or move their ill obtained assets.