Friday, June 26, 2009
Friday, June 19, 2009
If it's true that Worst revelations about Berlusconi 'still to come' one could wonder if Italy can see the light at the end of the tunnel.
Instead of defining the core problems, explaining their origins, emphasizing the dangers, and addressing them directly, what do we get in Italy? A Prime Minister in prostitution probe.
Do you remember when Berlusconi suggested to legalize brothels?
Karl Marx wrote History repeats itself, first as tragedy, second as farce.
PS: the text above is freely adapted from economic and financial text issues discussed around the world but Italy, which unfortunately is busy with something else.
Monday, June 15, 2009
It goes without saying that the wrong identification of a problem and cause-effect relationship leads to the wrong solution or problem solving approach.
Financial Times reminds us that "Optimism is not enough for a global recovery". For instance "Instead of solving the problems to generate a recovery, the political strategies have consisted of waiting for a recovery to solve the problem. The Europeans are relying on the Americans to generate growth. The Americans are relying on the Chinese, who in turn are waiting for the rest of the world".
There are also countries, like Italy, in apparent decline, where the debate among politicians (for instance Berlusconi, Tremonti or Brunetta) or the public debate among voters is more similar to the Dr. Frankenstein pointing out to Igor that he needs to fix his hump, the latter being the figurative representation of present political debate, economy state, debt, international image and reputation, etc.
Dr. Frederick Frankenstein (he could be Silvio Berlusconi): You know I'm a rather brilliant surgeon. Perhaps I can help you with that hump.
Igor (he could be Tremonti, Minister of Economy and Finance in the Italian government or Berlusconi's lawyer Ghedini): What hump?
[Frederick and Igor are exhuming a dead criminal]
Dr. Frederick Frankenstein: What a filthy job.
Igor: Could be worse.
Dr. Frederick Frankenstein: How?
Igor: Could be raining.
[It starts to pour]
Italy is in a filthy mess. But it is about to get worse. A major storm is on the horizon. (This text is not really original and was adapted from here).
Friday, June 12, 2009
Look who's talking, there's the pot calling the kettle black!
|The Daily Show With Jon Stewart||Mon - Thurs 11p / 10c|
|Silvio Berlusconi's Affair|
Thursday, June 4, 2009
I would like here to suggest Professor Carlo Maria Cipolla's five fundamental laws of stupidity to analyze the Italian case. Professor Cipolla divided the society in 4 groups of people on the basis of:
- Benefits and losses that an individual causes to others.
- Benefits and losses that an individual causes to him or herself.
- Intelligent people (top right)
- Helpless / Naive people (top left)
- Bandits (bottom right)
- Stupid people (bottom left)
It would appear that in the bottom right quadrant, the B could also stand for Berlusconi:
I do remember that on 4 April 2006, less than a week before the upcoming political elections in Italy, during a speech given at the National Chamber for Trade, Berlusconi stated that he holds "too high esteem of the Italians' intelligence to think that there are so many coglioni (literally "testicles", a vulgar term often used about people considered stupid) around voting against their interest".
I wonder if Mr. Berlusconi studied the book of Professor Cipolla, although he omitted to place correctly himself in the quadrants.
On the other hand, according to the Third Basic Law of Stupidity, a stupid person is a person who causes losses to another person or to a group of persons while himself deriving no gain and even possibly incurring losses. This is exactly happening voting for Berlusconi's government and parties. We still do not see any gain for Italians but we are seeing losses such as Italy negative economic growth, debt and deficits increases, country international image being tarnished, let alone apparent losses in taxpayers money as state flights are being used to fly singers and other guests to private parties in Sardinia and to carry out election campaign by Government's members.
Under these circumstances, Italians voting Berlusconi would appear helpless people (with perhaps some overtones of stupidity of area H1) as they take an action and suffer a loss while producing a gain to somebody else.
In a country which is moving downhill, I would add clearly like Italy, Professor Cipolla writes that "the fraction of stupid people is still equal to å; however in the remaining population one notices among those in power an alarming proliferation of the bandits with overtones of stupidity (sub-area B1 of quadrant B) and among those not in power an equally alarming growth in the number of helpless individuals (area H in basic graph). Such change in the composition of the non-stupid population inevitably strengthens the destructive power of the å fraction and makes decline a certainty. And the country goes to Hell."
Is Italy going to Hell?