Tag Archives: Matteo Salvini

Italy and Salvini Face Real Crisis Now, by Tom Luongo

Italian politics would be a tempest in a teapot except Italy is a significant part of the EU, it has a lot of debt, and its banking system is a mess. From Tom Luongo at tomluongo.me:

With the resignation of Prime Minister Giuseppe Conte the future of Italy is now up in the air. There are many things that come into play with Conte resigning before the No-Confidence vote tabled by Lega Leader Matteo Salvini could take place.

The euro popped 40 pips, back above support at $1.11 on the news. The forex markets realize this was a Brussels-friendly move.

Conte didn’t want to chance getting voted out of office. That makes it difficult for President Sergei Mattarella to call for a new government without snap elections. The Italian Senate would have formally rebuked Mattarella’s compromise pick for Prime Minister, Conte.

Conte was there to effectively keep the children in line – Euroskeptics Lega and Five Star Movement (M5S). So, Conte used his time to take the bully pulpit and excoriate Salvini for twenty minutes. This gives the U.S. and European media plenty of chum to make their case against Salvini.

You will hear a lot about how non-partisan Conte did this for the sake of Italy to stop the mad, selfish and unprofessional Salvini from taking power.

It’s good political theater but it’s as disingenuous as the day is long and very much the truth. No one in power in Brussels wants what Salvini is selling. Not many in Rome do either.

Because had he not resigned Mattarella could have faced impeachment for not going to elections. He only relented to let M5S and Lega take power under that threat last year.

So Conte has set the stage for Mattarella to take charge again. They will put the veneer of legitimacy on this process to protect Italy from Salvini. In reality, the only people they are protecting are in Brussels.

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Can Salvini Beat the Italian Troika? by Tom Luongo

What happens in Italy is important because the country has a lot of debt and a tottering banking system. From Tom Luongo at strategic-culture.org:

Italian leader Matteo Salvini is in the headlines again, now openly threatening divorce with his coalition partner, Five Star Movement (M5S).

Salvini unleashed another round of rhetorical bombs at M5S to get on them board with his part of the agenda. But that seems to have failed and he is now prepared to go to Parliament and withdraw his party, Lega, from the coalition government which will lead to new elections.

He had put off any kind of talk of new elections in the past because the opinion polling wasn’t strong enough to grant Lega the kind of majority it needed to govern without strings.

The coalition is dead but it may not matter.

The biggest problem Salvini faced, however, wasn’t M5S’s internal strife and contradictions. His biggest obstacle lies in the Troika of Technocrats that hold all the real power in Italy as it pertains to the European Union.

That Troika is President Sergei Mattarella, Prime Minister Giuseppe Conte and Finance Minister Giovanni Tria and they are the problem, as I wrote back in June.

Prime Minister Giuseppe Conti and Economy Minister Giovanni Tria are in open revolt against the coalition leaders over the upcoming budget fight with the EU.

Reuters is reporting this morning that these two are working together to undermine the internal reforms Salvini is proposing to spur economic growth from the ground up by instituting a flat tax and spending a whopping $3 billion more than Brussels wants them to on rebuilding crumbling Italian infrastructure.

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Italy’s Mini-BOT Trojan Horse Could Blow Up the Eurozone, by Mike “Mish” Shedlock

Italy shows no sign of folding like the Greeks did a few years back when they took on the EU. From Mike “Mish” Shedlock at money-maven.io:

Italy threatens to create a parallel currency dubbed the Mini-BOT. If launched, it could lead to a Eurozone breakup.

Italy’s is on a collision course with the EU in two different ways. The first regards Italy’s budget.

Outgoing European Commission President Jean-Claude Juncker warns Italy faces an “Excessive Deficit Procedure” and may be fined billions of euros. No country has ever been fined. This is the first time a country has faced such a ruling.

France regularly breaks the deficit rules but “France is France” as Juncker once stated.

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Salvini Faces a Political Minefield After EU Elections, by Tom Luongo

The EU would like to a see a split in the coalition governing Italy, but it may prove more durable than they think. From Tom Luongo at tomluongo.me:

Since the moment Lega and Five Star Movement entered into a coalition government after 2018’s election, there has been a concerted external campaign to sow dissent between the two coalition members.

It seems a week doesn’t go by where I don’t see a headline saying that the end of the “Italian Government is Nigh” or some such nonsense.

Incessant poll watching, childish gotcha legal challenges and hair-splitting by European ‘journalists’ results in continuous speculation about when Lega leader Matteo Salvini will finally get tired of his left-of-center coalition partner and sweep away the government.

The votes were barely counted when the countdown to new elections in Italy began in the press. Salvini’s Lega took 34% of the vote while M5S just 17%.

It made Lega, along with Nigel Farage’s Brexit Party the two biggest single political parties in the European Parliament.

Salvini came out on Thursday and put some of those gremlins to bed.
There will be no early election, in September we will be preparing the budget,” Salvini told reporters in parliament.

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Salvini Is Positioning Italy for Confrontation, by Tom Luongo

Matteo Salvini is proving himself to be quite a match for the EU. From Tom Luongo at strategic-culture.org:

Italy’s Matteo Salvini is riding high right now. Having weathered a couple of cheap legal moves to derail his assault on the European Parliament this May, Salvini is working to galvanize Euroskepticism across the continent into a viable political force.

He’s got his work cut out for himself.

But, he has at least two major allies. Marine Le Pen of the National Rally in France and Viktor Orban, the leader of Hungary. Salvini and Le Pen met last week to announce they would be campaigning together for the European elections as well as a major summit in Milan soon.

This is only the beginning, however.

I’ve been saying for over a year now that Salvini needs to be the person who lays the foundation for a wholesale revolt against the European Union and Italy’s participation in the euro.

His Lega party have skyrocketed in the polls, reversing the dynamic between it and coalition partner Five Star Movement. It’s a coalition that is of the kind which frightens the political establishment in Europe because it isn’t formed on the traditional left-right false divide.

It is a populist one united on the common cause of overthrowing the corrupt, corporatist system which most western governments are fronts for.

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How to Win on Immigration: Italy’s Salvini Shows the Way, by Guillaume Durocher

To the consternation of the powers that be in the EU, Salvini is indeed “winning.” From Guilllaume Durocher at unz.com:

A grave Salvini at a press conference after a drunk-driving Moroccan killed two Italians

Really and truly, I did not expect the most promising developments in West-European politics to come from Italy. Who could predict that the strange government appointed in June 2018 – an uneasy alliance of nationalists under Matteo Salvini’s Lega and the populist-but-vague Five-Star Movement – would last as long or achieve as much as it has? Italy’s parliamentary regime is notoriously unstable, governments falling with unnerving regularity, and yet this strange hybrid has gone from strength to strength.

The globalists – notably the EU institutions and the various migrant NGOs, many supported by George Soros’ Open Societies Foundation – had adopted a criminal policy whereby the goal of their operations was not to reduce illegal immigration but to “solve” the problem by “rescuing” migrants at sea, even if they barely left the coast of North Africa, and breaking down Europe’s external and national borders.

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Salvini the Kidnapper Officially Has the EU Scared, by Tom Luongo

The EU is toast. From Tom Luongo at tomluongo.me:

A court in Sicily has ruled that Interior Minister, leader of The League and all-around Euroskeptic bad-ass Matteo Salvini should stand trial for kidnapping migrants held in abeyance off Italy’s shores.

“I confess,” Salvini said in a video posted to his Facebook page, “there is no need for a trial. It’s true, I did it and I’d do it again.”

“I risk 3 to 15 years in prison for blocking illegal landings in Italy. I have no words,” wrote Salvini, the leader of the ultra-nationalist Lega (League) party, which now rules Italy in a coalition with the anti-establishment Five Star Movement (M5S).

If this wasn’t so stupid it would be hysterical, actually. But it exists and it’s an attack on Salvini that has a number of angles to it.

As Dr. Steve Turley explains in the video below one of the goals of this attack is to drive a wedge between Five Star Movement (M5S) and its coalition partner, The League.

Early returns on this look to be it will go nowhere as M5S leader Luigi DI Maio supported Salvini. But, the real issue isn’t the coalition government.

If somehow Di Maio can’t ride herd over his faction with the Italian parliament and they vote to allow this trial to go forward then M5S will continue sinking into obscurity and The League’s rising poll numbers will accelerate.

As Turley points out it is not in M5S’s best interest to betray its partner at this point. They enjoy parliamentary representation well above their current polling.

So, they would jeopardize everything they’ve worked to shape Italian domestic policy.

But that’s not the real issue here. The real issue is this is an attempt by the EU and The Davos Crowd behind them to slow down the integration of the Euroskeptic movement around Europe to challenge the current status quo in the European Parliament.

Salvini called for a “League of Leagues” after his meeting with Hungary’s Viktor Orban.

That’s why Salvini is calling for “A League of Leagues” across Europe.  He will succeed.

This is the guy who successfully rebranded the secessionist Northern League into the MIGA party – Make Italy Great Again. 

Then he and Five Star Movement leader Luigi Di Maio navigated the Italian Swamp to form a government experts said couldn’t work, while simultaneously neutering establishment stalking horse Silvio Berlusconi.
Thanks to Salvini’s strategic genius Italian politics will never be the same again.  His League now polls around 30%, which bodes well for it in next year’s European Parliamentary Elections.

Because now his sights are MEGA – Make Europe Great Again.

In fact, this frivolous lawsuit is prima facia evidence that the EU oligarchs in Brussels are officially scared of what’s coming in May’s European Parliamentary elections.

If Salvini wasn’t a threat they wouldn’t be going after him this way.

If you bind Salvini down with having to whip up support in Italy he’s not spending that time convincing the leaders of Alternative for Germany (AfD) or Marine Le Pen’s National Rally to coalesce into a unified opposition against the hardcore leftist European integrationists.

Populist Euroskeptic movements are still rising all across Europe. And the EU needs to get past this election to ensure that the real power in Brussels remains in the hands of The Davos Crowd. This has become an existential threat to the European project.

It has to stay on course despite the will of the people of Europe.

It’s an act of pure desperation. It’s no different than how they are handling Brexit. And it’s why the EU will not cave on Brexit until the last minute, if at all. They cannot empower Salvini, Le Pen, Kurz, Orban, et.al. against them.

Caving to the U.K. on Brexit will reveal how weak they truly are.

So, Salvini and Di Maio were right to embrace the accusations rather than soft-peddle. The people are craving competent leadership and this initial show of solidarity demonstrates that.

This will have to be dealt with and it will be a real test of the political situation in Italy. If the Senate votes this down then Salvini can ignore it and, worse for Brussels, campaign harder on it.

It will also shore up his support abroad as the real prize, the European Commission Presidency comes into focus. If it fails then that will make it much harder to put together a coalition strong enough to block Jean Claude-Juncker’s expected successor.

The future of the EU actually hangs in the balance on this frivolity. That tells you just how desperate things really are for the current leadership of the rapidly disintegrating European Union.