After years of corruption and endless quarrels between left and right Italy finally does the right thing: they abolish democracy.
ROME - Italian Premier Mario Monti has formed a government of bankers, diplomats and business executives, saying the absence of politicians in his Cabinet will spare political parties the "embarrassment" of taking the tough decisions needed to steer the country from financial disaster.
The 68-year-old former European Union competition commissioner and his Cabinet were sworn in Wednesday at a solemn ceremony at the presidential palace that formally ended Silvio Berlusconi's 3 1/2-year-old government and the media mogul's 17-year-long political dominance.
Monti faces his first major hurdle Thursday when he presents his legislative agenda to parliament and subjects his government to a confidence vote in the Senate. The vote in the lower Chamber of Deputies is expected Friday.
What he means is that solving Italy's economic crisis the democratic way will only waste time and more money. The Italians are even deeper in debt than the Greeks and look at the mess the Greeks have been making since the EU has been trying to help them. That's the "embarrassment" he's really referring to. Monti wasn't elected either, he was simply invited to become PM by the (elected) President Napolitano after Berlusconi resigned.
Mario Monti is a former EU commissioner with strong ties to the Bilderberg group, the Trilateral commission and Goldman & Sachs. But nevertheless this seems like a way better solution than letting the public elect the most popular ideas.
Monti's ministers include Corrado Passera, CEO of Italy's second-largest bank, Intesa Sanpaolo SpA, to head Economic Development and Infrastructure; Piero Gnudi, a longtime chairman of Enel utility company, as Tourism and Sport minister in a country heavily dependent on tourist revenues; and the current Italian ambassador to Washington, Giulio Terzi di Sant'Agata, to be foreign minister.
Monti said he put Passera in charge of two areas to ensure good coordination on projects that can boost economic growth.
A historian of the Catholic church with close ties to the Vatican, Andrea Riccardi, was named minister of international and domestic cooperation, a choice that seemed to reward pro-Vatican lawmakers.
Analysts gave Monti's selections top marks.
"I think the quality of the people is very high," said Roberto D'Alimonte, a political science professor at Rome's LUISS University. "All these people are very high-caliber, and highly respected, independent."