Now look here, FVSCVS, you Italians conquered all of Western Civilization from Hispania to Britannia and from Judea to Mauretania. Why can't you guys be happy with that and not get greedy?
When Columbus discovered America, he carried this white flag with Royal Arms. (And the arms ain't Italian except for half of the 2nd and 3rd quarters that show the arms of Sicily which then belonged to Ferdinand of Aragon):
Royal Standard of the Catholic Kings Carried by Columbus