Berlusconi resigns.

[Triple Zero]

Got it from  Dutch news site so you may want to look it up on your favourite English one.

Never figured he was as old as 75, btw.

[Lord Cataplanga]

And here we are, with Italy teetering on the brink of anarchy. And Berlusconi, the man who cannot legally step down because he and his friends stole half of the money that Italy owes Deutche Bank (and Deutche Bank knew it at the time), the man who is only out of prison right now because of presidential immunity and because of his ability to fire prosecutors, is suddenly stepping down? And, oh, how conveniently, handing the government over to a bureaucrat, with the explicitly stated job of enforcing ECB austerity. Everybody who knows anything knows what will happen: ECB riots, maybe even a civil war. And Berlusconi still owns all the cable networks, which will, as surely as the sun shines, report: "As soon as Berlusconi, the man who saved us from anarchy after the Clean Hands scandals, stepped down, the country fell back into anarchy. Only Berlusconi can save us!"

Cain has explained several times how austerity plans don't work. Or rather, tend to work horribly right for the bankers and screw over everyone else. Maybe he really is trying to pull a "the only man who can save us from anarchy" gambit when the shit inevitably hits the fan.