Italy: Voters Reject Austerity, Too

Thursday, May 10, 2012 – by Staff Report, Daily Bell

Italians reject Monti's austerity in local vote ... A maverick comic who wants Italy to quit the euro made big gains in local elections on Monday while former Prime Minister Silvio Berlusconi's party lost heavily as voters joined a wave of anti-austerity anger across Europe and punished incumbent parties. The results, following the victory of French Socialist Francois Hollande and major losses for traditional big parties in Greece on Sunday, will add to pressure for European leaders to ease measures adopted to counter the financial crisis. Prime Minister Mario Monti was not in the race but for the two main parties that support his technocrat government in parliament, the centre-right People of Freedom (PDL) and the centre-left Democratic Party (PD), the vote was the biggest barometer of support ahead of national elections next year. The 5 Star Movement led by Beppe Grillo, a shaggy-haired comedian whose caustic invective against the established parties has gained increasing resonance in the wake of a spate of corruption scandals, made some spectacular advances. – Reuters
Dominant Social Theme: Austerity is collapsing and something new will come along ... or will it ... ?
Free-Market Analysis: The powers-that-be run the world's mainstream media and they are now spending a great deal of time reporting on the end of austerity in the EU.
Greece, Italy, Spain and even France have now rejected the concept that higher taxes, government trimming and a lower standard of living can make things right for the PIGS.
We can see this reportage above, from Reuters. Nobody is hiding anything. Reuters is a major elite mouthpiece. Obviously (or so it would seem), this is a message the powers-that-be want to proclaim.
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