European Elites Desperately Need A Dose Of Sanity

Another political earthquake out of Europe! This time, the tremor rattled Italy. The country's dashing young prime minister, Matteo Renzi, has resigned after putting a change to the Constitution up for a referendum vote, and getting smacked down. With voter turnout at around 70 percent, 59 percent of the vote was against his referendum, which was intended to streamline government. If Renzi is the big loser here, the country's populist parties are the big winners.

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