Friday, March 8, 2013

UPDATE: ITALY GOES ICELANDIC WITH COMEDIAN/KINGMAKER GRILLO


Subject: UPDATE: ITALY GOES ICELANDIC WITH COMEDIAN/KINGMAKER GRILLO

UPDATE: ITALY GOES ICELANDIC WITH COMEDIAN/KINGMAKER GRILLO ;-)
Unilateral default on the public debt
Nationalization of the banks
A guaranteed "citizenship" income of 1000 euros a month
Comedian Beppe Grillo's Populist Plan for Italy by Ellen Brown
Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of February 24-25. His movement is now the biggest single party in the chamber of deputies, says The Guardian, which makes him "a kingmaker in a hung parliament."....

Besides rejecting all the existing parties and treaties, Grillo's program includes the following:

Unilateral default on the public debt
Nationalization of the banks
A guaranteed "citizenship" income of 1000 euros a month

It is a platform that could actually work. Austerity has been tested for a decade in the eurozone and has failed, while the proposals in Grillo's plan have been tested in other countries and have succeeded.....

If the country wishes to free itself from the shackles of debt and restore the prosperity it once had, it will need to take back its monetary sovereignty and issue its own money, either directly or through its own nationalized central bank. If Grillo's party comes to power and follows through with his platform, that might actually happen. --- Ellen Brown
http://truth-out.org/news/item/14953-qe-for-the-people-comedian-beppe-grillos-populist-plan-for-italy

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