Berlusconi was forced to resign. Because of the economic situation of Italy after 17 years of his regime, because of the scandals that forced the Italian Bishops to finally dump him, because of the negative impact his staying in power was having on his financial and industrial empire (the stock plunged from 6.4€ on March 2010 to 1.9 in November 2011...*), because the rats were leaving the sinking ship.
So a liberal, Mr. Monti, a technician. dean of the best Italian Business School (private...) succeeded him and surrounded himself of competent people instead of useless politicians: university professors, an army general, a ministry of interior high level official, the president of the largest Italian bank...
But today, like a broken record, Berlusconi came back and made his first speech announcing that he will continue his fight against ... communism "the most inhuman and criminal tragedy of human history". Will he finally fight against his friend Putin ?
* Berlusconi fiercely denies it but even his best ally, Bossi, says so....
Picture: thefeministwire.com
It is generally recognized that Berlusconi entered into politics to avoid bankruptcy after his protector (and beneficiary of large donations) Mr. Craxi, then Prime Minister, fell due to corruption. But Craxi was the one who blocked a law against TV monopoly in Italy that would have stopped Berlusconi's expansion and control of the waves.
Over his 17 years in power, most of his political action was to reinforce his economic power, making the Parliament approve laws in favor of his companies or in his own personal interest to avoid being condemned for his economic crimes.
It is being recognized that his recent resignation, following a loss of majority in the House (but not in the Senate) was prompted by the risks of his financial and industrial empire to collapse. In seven years, the value of the Mediaset stock fell from more than 7€ to 2,36€ today. Profits fell and are falling. His right hand, Confalonieri, would have demonstrated to him last week that his stay in power could have meant the collapse of the company and of his many affiliates. Knowing that the Parliament would not have endorsed any new law in his interest, he resigned but the stock continued fall today.
Confirming this scenario are the news that he would have requested Mario Monti, the new Prime Minister, not to issue any new laws on TV broadcast and on conflict of interests....
A crook is a crook is a crook and Berlusconi will remain a crook until he dies.
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