Silvio Berlusconi and the broader moderate alliance

Wednesday, December 12, 2012. Silvio Berlusconi makes a U-turn and declares willingness to back Mario Monti in case of the creation of a broader moderate alliance to beat Italian left-wingers.

Mario Monti, the guy Berlusconi a few days ago dubbed as “beholden to Germany”, acting as a quasi-accomplice of Angela Merkel to try to "topple a majority government elected by the Italians” by using a scam (the spread-scam), leading a government that brought Italy to “the brink of the abyss” is now the favourite candidate of the Italian media tycoon? Can you believe that? Berlusconi is forcing Mario Monti to resign in order to vote for Monti as a Prime Minister?

Yet another brainwave? Or just going nuts?

Italian former Prime Minister took the occasion of a public event – the televised presentation of start TV anchorman Bruno Vespa's latest book – to inform the public of the last of his U-turn. Mr Berlusconi said the he "proposed to Monti to be the candidate as leader for the moderate centre coalition and he said he didn't want to. If his position changes, I would have no problem with stepping back ... I have no personal ambitions".

Silvio Berlusconi and the missing key witness

Monday, December 10, 2012. Key defence witness Karima el Mahroug (aka Ruby the Heart Stealer) does not show up in court for Silvio Berlusconi's sex-related Rubygate trial. It turns out she's in Mexico.

Are you trying to delay the proceedings? Oh, not at all!

Most probably Karima el Mahroug (aka Ruby the Heart Stealer) just forgot the court date (Silvio Berlusconi's trial, he is accused of having paid for her sexual services, as under-age prostitute) when she decided to travel to Mexico, with her boyfriend and one-year-old daughter Sofia Aida.

That's why she was not there last Monday, without notifying her attorney or sending any documentation to justify the absence from the sex-scandal trial. Quite remarkably, Berlusconi's lawyers did not bother to talk to her, just to make sure they'd be on the same page in the court, just to realise she was somewhere else.

Silvio Berlusconi and the spread-scam used to try to bring down a majority government elected by the Italians

Monday, December 10, 2012. Taking part in Canale 5's “La Telefonata” (“The Phone Call”) TV programme, Silvio Berlusconi explains to the Italians that Italy's bond yield difference with Germany's Bunds is a scam they should not worry about.

Berlusconi with alleged girlfriend Francesca Pascale

Canale 5 ("Channel 5") is a television network controlled by Berlusconi's Mediaset broadcasting company, Maurizio Belpietro is a staunch defender of the Italian Prime Minister candidate arguably the best place to address to the Italians (at least to those who aren't at work, in that time in the morning) in order to lure them to vote, once again, for the billionaire.

Belpietro - former editor of Berlusconi's Il Giornale newspaper - is the host of the La Telefonata ("The Phone Call"), a 10-minute-long TV programme where he gets a phone call, as the show title hints. Today the Italian Silvio telephoned. La Telefonata is on air at 8:40 (GTM 7:40)

“Let's stop talking about this scam!” stated this morning Il Cavaliere's voice, “one year ago nobody heard about the word “spread” he continued “that was used to try to bring down a majority government elected by the Italians”.

“Behind the crisis there has been a German strategy” Berlusconi added, and Prime Minister Mario Monti is beholden to Germany. Monti replaced Berlusconi as Italy's Prime minister in November 2011, when the spread between Italy's bond yield and Germany's Bunds reached a euro-era record of 575.6 basis points.

He knows what is needed

The way for Italy's salvation is through the restoration Forza Italia (Go Italy!), the party that Silvio Berlusconi created in 1994 when he "entered the field" the first time, its alliance with the Lega Nord (Northern League) led by Robert Maroni (in the meanwhile Berlusconi friend Umberto Bossi was swept away by a corruption scandal) and – most probably – the separation from the National Alliance party.

After the PdL withdraw it's support for Monti's government and the former European Commissioner declared his willingness to resign as soon as, general elections are expected to be held either Feb. 17 or Feb. 24 (about a month before originally planned).

Is Italy back to square one, or it just sounds like that?