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View Diary: Hallelujah! Pope Condemns Austerity Amidst Worldwide Protests for International Workers' Day (98 comments)

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  •  Italy is the key (11+ / 0-)

    9th largest economy in the world, if they can reject austerity it will be a watershed.  The pope gives the new PM Letta some cover.

    These capitalists generally act harmoniously and in concert to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel. Abraham Lincoln

    by Nailbanger on Wed May 01, 2013 at 12:53:46 PM PDT

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    •  Italians do reject Austerity (3+ / 0-)
      Recommended by:
      banjolele, Kimbeaux, BYw

      Unfortunately, Italian pols are more concerned with how they're perceived in Brussels than in Rome.

      Therefore, austerity continues.

      Best thing that could happen to Italy would be for it to leave the Eurozone.

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. www.hamiltonproject.org

      by PatriciaVa on Wed May 01, 2013 at 01:00:10 PM PDT

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