You can go to Bablyon.com for a quick translation, GOBUCKS. Here's what it did with Frank's right there.
Good Lord!! 
And here is what it did with Frank's special wishes for Stinky:
Link
No, no, no. That is all wrong.
The first quote, properly translated from Italian into English, is "it's all good, sir."
I dunno how that computer translator got that; I use an old (1947) English-Italian dictionary I found here.
The second quote, properly translated from Italian into English, is "may your rectal aperture be sealed up forever, and may you never have the relief that comes with expulsion from the bowels." (n.b.: sanitized translation)
Computer translations are junk.