Monday, December 05, 2011
The neoliberal nightmare, Italian editionEd Harrison explains the video below in Italian minister breaks down in tears over austerity budget Credit Writedowns 12/05/2011:
Italy’s government has come forward with an aggressive 30 billion euro austerity package to prevent the country’s bankruptcy and pave the way for the fiscal integration that German Chancellor Angela Merkel is pushing as the key to solving the European debt crisis. In the video below, Elsa Fornero, the Italian welfare minister, broke down in explaining the provisions to increase the pension age to 66. The package also increases taxes on housing, luxury items and via a 23 percent VAT, a measure Ireland is also taking. Approval is expected before Christmas.
And this is from a minister in a government whose only real purpose is to collect debts for big European banks by squeezing the Italian people as hard as possible!
This display of emotion on her part is in dramatic contrast to the adoration of austerity (for others) on the part of American political and media elites. Digby catches the New York Times editorial board advocating the abolition of Medicare in Premium Loser Hullabaloo 12/04/2011. She comments:
I don't understand what world these people live in. Do these people honestly believe that the elderly, most of whom are already sick in one way or another or are destined to become so (after all, it's a rare person who stays perfectly healthy and then dies peacefully in his sleep at age 92) should be forced into a more complicated system than that which already exists? It's as if they are being accused of irresponsibly running up big bills and must be taught a lesson in prudence before they die.Tags: italy, medicare
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No subject for immortal verse
That we who lived by honest dreams
Defend the bad against the worse."
-- Cecil Day-Lewis from Where Are The War Poets?
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