We all know about the mafia, or at least we all know it's there and doesn't go away nor feel in the least ashamed of itself; it's just a pre-democratic form of political organisation, a primitive governance system. There's a lot of it about here, defined as criminal by the modern nation state.
And then there's the Left who champion the state and believe themselves to occupy the high, ethical and moral ground of modern post democratic managed governance, with a wholly uncriminalised status. As Bersani assured us, "per l'amor di dio", not them, not corrupt, they are good people.
So what's going on at the Monte dei Paschi, and what has been going on for decades is nothing to do with Bersani and his Partito Democratico. He has told us all so, and we are all supposed to agree because it is the Right and the mafia that is corruptly and deeply intertwined and has no claim to be the managers of modern post-democratic governance.
Except that the Monte dei Paschi is run by a Foundation whose membership is appointed by the Council and the Provincial government of Siena. Both the city council and the provincial government of Siena have been a fiefdom of the communist Left, and its current incarnation as the Bersani faction of the Democratic Party, for half a century. Half a century (which isn't long by Monti dei Paschi standards but it is by ours) under their total control.
There is between three quarters of a billion and over 3 billion euros sloshing about between the Bank and its beneficiaries which has had to be covered by guarantees from the Treasury; that's us, our taxes, our living standards so compromised by a tax burden of over 45%. And they want us to vote for them?
Unit roots in English and Pictures
3 hours ago