2011-11-09

Berlusconi Resigns

Silvio Berlusconi has resigned.

Italian politics is extremely convoluted and confusing. It's an art form onto itself. But the fact he was aligned with the Lombard League and Umberto Bossi is enough for me to not miss him. Maybe he can now focus on making AC Milan (the Serie A professional soccer team he owns) a legitimate super power team again. 

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In Italy, like Greece, France and the UK, it's the welfare state and massive taxes that is sinking them. More taxes leads to stagnant growth. It's, I think, plain for all to see. And we're heading in that direction. We, North Americans, should stop looking to Europe for solutions to our problems. We don't have the same mentality and culture.

It's a shame because North America is without doubt, despite our incessant bitching and moaning, the best place to be on this earth. Not even Northern Europe is all what it's cracked up to be.

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