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Greece Retaliation Against Germany Escalates: Airbrushed Venus Statue Flipping Off Greeks By Banana-Eating Germans Prompts Greek Boycott

Tyler Durden's picture





 

Have we just crossed the historic Rubicon when a photoshopped classical statue is about to lead to a collapse in a monetary and customs union, and possibly something a tad more serious? Also, is the KFW bailout rumor too little too late? It appears the Greeks are two minutes away from saying "take you bailout and shove it." The reason: The Focus cover which shows a status of Venus de Milo flipping off the Greeks, who were characterized as the "cheats of the eurozone." After recent Greek media outbursts have recalled the Nazi wartime occupation of the country, as well as demands for WWII reparations, today's action by the Federation of Greek Consumers, calling for a boycott of products made by "banana-eating" Germans, is a direct response to the airbrushed statue of Venus expressing the communal German sentiment. Oh, and that whole KfW rumor? Don't buy it: "[KfW bond purchasing] considerations have been presented because it's seen as the only way of avoiding accusations of...direct aid," the lawmaker said. But he stressed that no decisions have yet been taken. I.e., More posturing.

From Dow Jones:

In a statement Friday, Greece's umbrella Federation of Greek Consumers, Inka, referred to Germany's war record and also the magazine article in calling for Greeks to boycott all German products and shops.

"In a sign of protest Inka...calls on all citizens of the country to boycott all German products and shops even if they say they are sorry," the statement said.

"The distortion of a Greek historical statue of beauty and civilization, at a time when [the Germans] were eating bananas in the trees, is unacceptable and inexcusable from later civilized peoples," the statement added.

Earlier Friday, Greek Prime Minister George Papandreou  said in parliament that the issue of Germany's wartime reparations to Greece remained unsettled, but also said Greece would not exploit the current crisis to pressure Germany on the issue.

Papandreou is due to visit Berlin March 5 to shoot the shit with Angela Merkel. We can't wait to see what rumors that meeting creates.

In the meantime, we suggest the Brits start preparing (after all, they can't be too far down the road). To make their lives easier, here is some guidance from Basil Fawlty.

 


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Fri, 02/26/2010 - 13:16 | Link to Comment godfader
godfader's picture

Soon enough the rattling of German Tiger tanks will be heard on the streets of Athens.

Fri, 02/26/2010 - 15:26 | Link to Comment Anonymous
Fri, 02/26/2010 - 17:07 | Link to Comment Mad Max
Mad Max's picture

That would be the Leopard II, unless you're planning some sort of historical reenactment.

Fri, 02/26/2010 - 13:17 | Link to Comment trav7777
trav7777's picture

This is awesome!!!!

I want to see Germany invade and make the Greeks their bitches.

Fri, 02/26/2010 - 13:32 | Link to Comment Gunther
Gunther's picture

Not now,
the task of the German army is to stop the enemy until real military arrives.

Fri, 02/26/2010 - 21:29 | Link to Comment Brak82
Brak82's picture

come on. In the year 2010, Germany is the last country to invade anyone. Greeks will get over this little photoshop and move on revolting their own country.

Sat, 02/27/2010 - 01:01 | Link to Comment Quantum Nucleonics
Quantum Nucleonics's picture

Germany's pathetic military would be hard pressed to make it to the Austrian border let alone Athens, and then only if they get an American GI to loan them a GPS handset.  But that's what 1% of GDP gets you.

Fri, 02/26/2010 - 13:19 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:29 | Link to Comment SDRII
SDRII's picture

its always the balkans

Fri, 02/26/2010 - 13:19 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"Who won the bloody war anyway?"

Hilarious skit.

Fri, 02/26/2010 - 13:26 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:46 | Link to Comment carbonmutant
carbonmutant's picture

 Greece has a long history of backdoor breeches that's how they got here in the first place...

Sat, 02/27/2010 - 18:11 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:28 | Link to Comment ptoemmes
ptoemmes's picture

There is only one way to settle this: http://www.youtube.com/watch?v=F2kAnTZBnTg

Germany vs Greece - only Monty Python

Pete

 

 

Fri, 02/26/2010 - 13:53 | Link to Comment Bam_Man
Bam_Man's picture

Hilarious. At least we know that when the UK's turn comes (shortly) they have a sense of humor.

Fri, 02/26/2010 - 17:31 | Link to Comment boiow
boiow's picture

jimmy carr..http://www.youtube.com/watch?v=AwmqQHjktpI

3.30 sums up british humour

Fri, 02/26/2010 - 14:19 | Link to Comment jmf
jmf's picture

Moin from Germany,

:-)!!!!!

Always good to "look on the bright side of life"......

Amazing what a populist outburst from really only one or two desperate greek politicians in respone to a cover can spiral into.....

 

 

 

 

 

Sat, 02/27/2010 - 13:03 | Link to Comment jmf
jmf's picture

Mon from Germany,

it was OFFSIDE ;-)!

Fri, 02/26/2010 - 13:28 | Link to Comment Zombie Investor
Zombie Investor's picture

Angela doesn't have to give Papandreou anything, because he is coming to visit Obama on March 9th (yeah, we get to bailout Greece):

http://www.nytimes.com/reuters/2010/02/26/us/politics/politics-us-greece...

Fri, 02/26/2010 - 13:32 | Link to Comment xamax
xamax's picture

+10

Fri, 02/26/2010 - 14:12 | Link to Comment Going Down
Going Down's picture

 

And imagine what will happen when anarchists photoshop Michelangelo's David....

 

Fri, 02/26/2010 - 15:47 | Link to Comment carbonmutant
carbonmutant's picture

+2

Fri, 02/26/2010 - 13:29 | Link to Comment Internet Tough Guy
Internet Tough Guy's picture

jim rogers: british pound could collapse within weeks:

http://www.digitaljournal.com/article/288143

 

Fri, 02/26/2010 - 15:31 | Link to Comment Zombie Investor
Zombie Investor's picture

FWIW, Rogers claims he never made those statements:

"Financier Jim Rogers Friday denied making remarks attributed to him in a press release this week saying the pound sterling is at risk of imminent collapse."

http://www.marketwatch.com/story/jim-rogers-denies-saying-pound-will-col...

Fri, 02/26/2010 - 13:30 | Link to Comment jmc8888
jmc8888's picture

The photoshop heard round the world

Fri, 02/26/2010 - 13:32 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:40 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:49 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:27 | Link to Comment MsCreant
MsCreant's picture

I have news for us all, butt f@ckers are everywhere, starting at, pardon my pun, the top.

Greece, it's what's for dinner...

Fri, 02/26/2010 - 13:32 | Link to Comment BlackBeard
BlackBeard's picture

LOL

Fri, 02/26/2010 - 13:33 | Link to Comment jc125d
jc125d's picture

Maybe when George meets Angela she can clear up the question of the proper venue for eating the banana.

Fri, 02/26/2010 - 13:34 | Link to Comment buzzsaw99
buzzsaw99's picture

I love those Greeks.

Fri, 02/26/2010 - 13:35 | Link to Comment chindit13
chindit13's picture

"and I think to myself, what a wonderful world"  Louis Armstong

Fri, 02/26/2010 - 13:35 | Link to Comment jobless_recover...
jobless_recoveriless_BS's picture

Greeks should start boycotting their idiot politicians. Having a good civilization 3000 years ago does not mean you are civilized enough now. You can not live on what you did 3000 years ago. It is time to pay some debt and tight some belts.

Fri, 02/26/2010 - 13:42 | Link to Comment tenaciousj
tenaciousj's picture

Same shit as here (US).  People are all for the government being financially responsible..  Until they realize they have to make do with less, be financially responsible, and generally work harder themselves.  At that point you start getting "It's our given RIGHT to these things!  You cannot take them away!"

Watch what happens here if unemployment continues to rise or holds at the current high levels and they ever fail to extend the UE benefits.

Fri, 02/26/2010 - 13:58 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:54 | Link to Comment Anonymous
Sat, 02/27/2010 - 21:41 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:46 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:48 | Link to Comment Jean Valjean
Jean Valjean's picture

The screaming will commence when teachers start losing their jobs.  When that happens, Look Out!  You see, teachers are much too important to be unemployed.

Fri, 02/26/2010 - 16:44 | Link to Comment sethstorm
sethstorm's picture

Already happening in Rhode Island.

Fri, 02/26/2010 - 16:50 | Link to Comment Argonaught
Argonaught's picture

+1. Well said.

Sat, 02/27/2010 - 09:14 | Link to Comment Anonymous
Fri, 02/26/2010 - 17:10 | Link to Comment Mad Max
Mad Max's picture

Yeah, 3000 years is a long time ago.  But it was only like 2350 years, +/-.  Much more recent.

Fri, 02/26/2010 - 13:35 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:45 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:01 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:25 | Link to Comment MsCreant
MsCreant's picture

Naturally you post that Anon.

Fri, 02/26/2010 - 22:13 | Link to Comment Rusty Shorts
Rusty Shorts's picture

 -

Fri, 02/26/2010 - 13:36 | Link to Comment xamax
xamax's picture

European Union =Community where each country helps and loves each other.

Fri, 02/26/2010 - 16:27 | Link to Comment viahj
viahj's picture

from the movie "Semi-Pro"...E.L.E. (everyone love everyone)

Fri, 02/26/2010 - 13:36 | Link to Comment jmc8888
jmc8888's picture

Good article also about jim rogers (from link above)

The Brutish empire is going to be put out to pasture.  Fascinating it's starting to get more press.

They want 'green', there, they have it.

Fri, 02/26/2010 - 15:34 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:38 | Link to Comment Shameful
Shameful's picture

I love a good escalation heading into the weekend!  I'm sure not being able to bail Greece out will break the hearts of the average German citizens. Worry not Greece, Uncle Sugar and Zimbabwe Ben have your back!  They never saw a rat hole they didn't want to pour money down.

Fri, 02/26/2010 - 15:53 | Link to Comment carbonmutant
carbonmutant's picture

You gotta wonder what Papandreou has to offer this administration.

US bases in Greece?

Fri, 02/26/2010 - 13:39 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:39 | Link to Comment deadhead
deadhead's picture

I'm disappointed that we can't get Spain, Portugal, Italy, Ireland,Dubai and maybe a couple of eastern europeans more aggressively into the picture.

 

though I might trade that for a collapse of the U.K. coming up on the radar screen a little stronger.....

 

keep buying the dips and ignore history

Fri, 02/26/2010 - 14:52 | Link to Comment Mr Shush
Mr Shush's picture

The UK can print money and extend and pretend for a while yet - I'm not saying the situation here isn't ultimately going to prove disastrous, but out and out crisis can be put off for a while yet by another round of debt monetisation. It's also fair to say that the British public, especially in the country's economic heartland in the South East, are likely to be far more amenable to severe fiscal retrenchment than the Greeks. That's not to say they'll like it, but I don't think you'll see widespread civil disorder of the sort that will characterise the crises in Club Med and (eventually) France. I'm inclined to call Spain as the next nugget to hit the fan, but I may very well be wrong.

Fri, 02/26/2010 - 16:37 | Link to Comment Anonymous
Fri, 02/26/2010 - 18:57 | Link to Comment Anonymous
Sat, 02/27/2010 - 06:38 | Link to Comment Anonymous
Sat, 02/27/2010 - 23:01 | Link to Comment boiow
boiow's picture

famous last words

the british are slow to react.....true.

but when they do they do.

Fri, 02/26/2010 - 18:43 | Link to Comment Carl Spackler
Carl Spackler's picture

The Britons are gonna follow Putin's lead...Pump the Falklands and sell crude (albeit, rights) to tamp down their mess.

 

Fri, 02/26/2010 - 13:40 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:45 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:45 | Link to Comment asdf
asdf's picture

I found a nice chart

 

http://www.faz.net/m/%7BD79EDDD4-9894-4CAB-88B1-4B3A4D3ECE78%7DPicture.jpg

 

I wouldn't have expected that Italy pays that much

Fri, 02/26/2010 - 13:46 | Link to Comment AnonymousMonetarist
AnonymousMonetarist's picture

What has been will be again, what has been done will be done again; there is nothing new under the sun.

http://anonymousmonetarist.blogspot.com/2010/02/what-has-been-will-be-again-what-has.html

 

Fri, 02/26/2010 - 13:48 | Link to Comment Anonymous
Fri, 02/26/2010 - 13:57 | Link to Comment john_connor
john_connor's picture

The fact that this is a powderkeg ready to explode is all too convenient.  Contagion will be the word spoken all next week.

Bulls, the clock has almost struck midnight.  One more down-up move, with the "down" staying above 1095 and the "up" likely near today's high, and then carnage.

Monday could bring a different kind of gap than most people have come to expect over the last several months.

Fri, 02/26/2010 - 16:36 | Link to Comment MsCreant
MsCreant's picture

In any other universe I'd say you are right. I am amazed it has stayed up and running this long. Meanwhile, because I have waited for the big one, and watched them kick the machine into high gear, I am not willing to say you are right, this time.

I have been fooled over and over again this thing will finally go down in flames, and it doesn't.

They won't let it go down. The crisis is going to have to be realized in terms of other signals which will leak out around the fake market and the lying government stats.

No hostility meant by this, I just need to see it to finally believe "this time it's coming down." Prop up, extend, and pretend. They got butt loads of it, like I never dreamed possible.

Fri, 02/26/2010 - 16:54 | Link to Comment john_connor
john_connor's picture

I understand your frustration.  This market is set up to drop only when bears are completely shell shocked, like in late January.  The funny thing is, when it does start dropping (very soon), bears will be paralyzed to make a move, often looking for a bounce.

Tell me, look at Feb. 4th thru 8th and see if there was a good opportunity to get in once the selling started.

This next drop will be ugly, I promise you.

Fri, 02/26/2010 - 22:54 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

I agree with all of you just above.  This train wreck has happened much slower than I thought it would.

But, it looks like it WILL happen.  "Be prepared."

Fri, 02/26/2010 - 13:55 | Link to Comment Gordon Freeman
Gordon Freeman's picture

This is getting surreal.  What will the fat German tourists do, once the Greek beaches are off-limits?  Go to Spain?  Oops--that'll be out...Portugal?  Berlin, we have a problem...

Fri, 02/26/2010 - 14:13 | Link to Comment walküre
walküre's picture

What will Greek, Spanish, Portuguese hotels and tourist businesses do when Germans decide to stay at home or play in the Caribbean?

The Club Med economies need the German tourist Euros.

What else do they have going for them?

Ah, right.. hiding debt and fudging their books.

Time to call a spade a spade. I hope Germany gets this one right. Let the socialist scum in the South try and pay their own way out of this one.

Fri, 02/26/2010 - 14:41 | Link to Comment Bam_Man
Bam_Man's picture

Ich glaube das Sie sind Deutscher.

Fri, 02/26/2010 - 16:23 | Link to Comment RowdyRoddyPiper
RowdyRoddyPiper's picture

Yeah, no German tourists! I can finally get a fuckin' chaise lounge at the pool without having to get up at 4am.

Fri, 02/26/2010 - 17:48 | Link to Comment Gold...Bitches
Gold...Bitches's picture

What will the fat German tourists do, once the Greek beaches are off-limits?

Stay home and drink some Paulaner with a bratwurst.

Fri, 02/26/2010 - 13:56 | Link to Comment williambanzai7
williambanzai7's picture

It is absolutely astonishing that this show of European unity has broken out well in advance of this year's World Cup.

Fri, 02/26/2010 - 18:46 | Link to Comment Carl Spackler
Carl Spackler's picture

+1

Fri, 02/26/2010 - 14:07 | Link to Comment buzzsaw99
buzzsaw99's picture

Hey Merkel, Is that a banana in your pocket or are you just happy to see me?

Fri, 02/26/2010 - 14:09 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:11 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:03 | Link to Comment Gordon Freeman
Gordon Freeman's picture

Because they're lazy and dishonest?

Fri, 02/26/2010 - 16:18 | Link to Comment cougar_w
cougar_w's picture

[So why all the negativity about Greeks?]

Some of the negativity is directed at Greek politicians and policies, which is fine. But then sometimes Greece is just the most recent hobby horse for the ill-defined "socialism is the root of all our problems" meme and the group that flogs it.

There is a similar (perhaps overlapping) group who blame the Jews ... as an entire people ... for the banking mess as if greed and financial fraud had a genetic component. It becomes rather sickening at times.

Must be nice to not have to think very hard, or very clearly. That sort of thing will only serve to keep us in the Middle Ages. Perhaps that is the actual intent.

Fri, 02/26/2010 - 22:05 | Link to Comment Argonaught
Argonaught's picture

A reasonable statement, but a fallacy none-the-less.  The collectivist forms of government are the result of democracy (and its cousins, the republics) eating themselves and throwing up all over the floor. But that doesn't make the vomit smell or taste any better.

All forms of government that do not limit the ability to disregard property rights are the same.  Give them 1000s of different names, it doesn't matter.  I work, I earn, you take (not you personally, Cougar, just the collective); that sucks.

A government that can not tax (i.e. all use services; all pay equally) and can not spend beyond its coffers will be the hallmark of the Great Civilization.  But it will take tremendous strength and a sublime amount of personal responsibility to get there.

Sadly, to the great dismay of the founding fathers, it won't be the US that gets there.  The Bill of Rights some more amendments to protect property rights....

Fri, 02/26/2010 - 14:14 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:14 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:00 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:59 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:15 | Link to Comment 10044
10044's picture

The $1.5 quadrillion derivative death star WILL go supernova, and when it does, it will affect ALL countries not just GR and DE

Fri, 02/26/2010 - 14:20 | Link to Comment walküre
walküre's picture

Angela Merkel enjoys huge popularity among Germans.

She can afford to flip Greece the bird.

Germany paid enough and Germans made enough concessions.

The concept that all EU states can enjoy the same benefits when their productivity is so off balance is b.s.

Greeks work fewer hours, fewer years just so they get to spend more time sipping Ouzo and frolicking on the beaches..

Fri, 02/26/2010 - 16:26 | Link to Comment cougar_w
cougar_w's picture

[spend more time sipping Ouzo and frolicking on the beaches.]

And the problem there is ... what?

Seriously. Everyone needs to relax a little, and I don't mean once a year for a week.

Problem started when the German corporations convinced the playful Greeks to buy a bunch of German luxury cars on credit. So whose idea was that, and who made out in the end? The German auto workers, that's who.

We're going back to a simpler time, folks. Lots of time to relax coming your way real soon. It's called "having a life" and while you can't brag about your new Beemer it's still a Good Thing(tm).

Fri, 02/26/2010 - 22:09 | Link to Comment Argonaught
Argonaught's picture

I don't disagree with your Good Thing(tm).  But blaming the Germans for the Greeks problems is like blaming the spoiled child.  No child is born spoiled and it was the Greek government that spoiled the Greek populace, not the Germans.  While it is true that there is no EU without Germany, that does not provide cover for Greece.  This is their fault.

Fri, 02/26/2010 - 22:01 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:27 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:30 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:35 | Link to Comment cougar_w
cougar_w's picture

[extended unemployed scream about no free money.]

Oh come on. You won't hear a peep from these people. They never organize, never make a big splash, never make the news. Their inchoate anger and individual acts of madness are just more random violence against the constant background of ongoing carnage. A literate guy with a website and an education flies a private plane into a government building and it barely makes the afternoon paper ... not many will be able to top that.

Sure thousands will die once the benefits drop off. But nobody is going to connect the dots as to why.

Fri, 02/26/2010 - 19:37 | Link to Comment JR
JR's picture

America’s First Suicide Bomber | Paul Craig Roberts

Joseph Stack, frustrated American, flew his airplane into an Austin, Texas, office building. He was one of the 79 percent of Americans who have given up on "their" government.

The latest Rasmussen Poll indicates that the vast majority of Americans are convinced that "their" government is totally unresponsive to them, their concerns, and their needs. Rasmussen found that only 21 percent of the American population agrees that the U.S. government has the consent of the governed, and that 21 percent is comprised of the political class itself and liberals. Rasmussen concludes that the gap between the American population and the politicians who rule them "may be as big today as the gap between the colonies and England during the 18th century."

Indications are that Joseph Stack was sane. Like Palestinians faced with Israeli jet fighters, helicopter gunships, tanks, missiles and poison gas, Stack realized that he was powerless. A suicide attack was the only weapon left to him.

Stack targeted the IRS, the federal agency that had gratuitously ruined him. He flew his airplane into an office building occupied by 200 members of the IRS. This deliberate plan and the written explanation he left behind segregate him from deranged people who randomly shoot up a Post Office or university campus.

The government and its propaganda ministry do not want to call Stack a terrorist. "Terrorist" is a term the government reserves for Muslims who do not like what Israel does to Palestinians and the U.S. government does to Muslim countries.

But Stack experienced the same frustrations and emotions as Muslims who can’t take it any longer and strap on a suicide vest.

"Violence," Stack wrote, "not only is the answer, it is the only answer." Stack concluded that nothing short of violence will get the attention of a government that has turned its back on the American people.

Anger is building up. People are beginning to do unusual things. Terry Hoskins bulldozed his house rather than allow a bank to foreclose on it. The local TV station conducted an online survey and found that 79 percent of respondents agreed with Hoskins’ action.

Perhaps the turning point was the federal government’s bailout of the investment banks whose reckless misbehavior diminished Americans’ retirement savings for the second time in eight years. Now a former head of the most culpable bank is campaigning to cut Social Security, Medicare, and Medicaid benefits in order to pay for the bailout. President Obama has obliged him by creating a "deficit commission."

The "deficit commission" will be used to gut Social Security, just as the private insurance health plan is paid for by cutting $500 billion out of Medicare...

This is what we call "freedom and democracy."

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term... Associate Editor of the Wall Street Journal... the William E. Simon Chair

 

Fri, 02/26/2010 - 22:53 | Link to Comment perchprism
perchprism's picture

 

Moral equivalence of Stack's suicide and Muslim splody-dope terrorists?  What a pantload of unmitigated bullshit.

 

  

Fri, 02/26/2010 - 23:53 | Link to Comment chindit13
chindit13's picture

I don't know what the government owes me.  I rather like nice highways.  I'd like good schools, even if I will never have another child attend one of them.  Good education just makes for a nice country.  Defense ain't bad either, as I know there's a lot of bad guys out there.  However, I'd like it to be exactly what it says:  defense.  There's probably a few other things I wouldn't mind paying for, like some sort of environmental supervisory body that doesn't allow the manufacturing equivalent of Goldman Sachs to ruin the neighbors' water and air.  Toss in a minimal social safety net with strict rules (possible?), and I'm happy to pay my taxes.  After that, pursuit of happiness is up to me.  Nobody owes me a damn thing, except wise and fair custodianship of the funds my labor produces.

What I am damn sick and tired of paying for, and where that custodianship is anything but wise and fair, is for the fuckheads on Wall Street who messed up, and for my fellow consumers who lacked the discipline to rein in their spending, or who refuse to accept responsibility for their own mistakes.  That the government continues to commit me, my fellow savers and non-debtors, and our offspring to rewarding failure is what makes my blood boil.

I might be able to accept---reluctantly---Joe Stack's act if not for two things:  he killed an innocent man, and just about all of his problems were of his own making (though the IRS showed a total lack of compassion).  That being said, I suppose I am like many people who are now but a hair's breadth away from taking up the torches and pitchforks and Second Amendment and marching on the Bastille, whether that is the Marriner S. Eccles Building or some soul-less high rise on Broad Street.  Letters and blogs and even voting booths are not yielding any satisfaction, and sadly, never will.

The Greeks gave us democracy.  Maybe they will step up to the plate and again and remind us what democracy means, if they themselves remember.  It's an idea whose time has come.  Again.

Mon, 03/01/2010 - 20:00 | Link to Comment Anonymous
Fri, 02/26/2010 - 14:36 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:31 | Link to Comment Anonymous
Fri, 02/26/2010 - 19:39 | Link to Comment Anonymous
Sat, 02/27/2010 - 13:41 | Link to Comment Anonymous
Sat, 02/27/2010 - 23:47 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:40 | Link to Comment cougar_w
cougar_w's picture

+1

There are shameless demagogues on both sides, stirring up emotions that they can harvest and use for their personal gain and profits. It's all good fun until someone gets killed over it and then all the hurt feelings turn to lightning and seek ground.

Fri, 02/26/2010 - 16:49 | Link to Comment MsCreant
MsCreant's picture

I had the same thought, this is one publication, one organization, and that does not mean it is representing the sentiments of all Germans. It is very sensational, stirs up controversy, and sells magazines.

If corporations are willing to tear up countries to make money, why can't a magazine try to do it? No one is responsible for the well being of anyone else, particularly if there is a buck to be made.

Fri, 02/26/2010 - 14:49 | Link to Comment Anonymous
Fri, 02/26/2010 - 20:36 | Link to Comment lizzy36
lizzy36's picture

Don't laugh...he did by video conference.  Sparing us all the pain of actually watching him and his teleprompter perform said speech. My guess is Summers was present and told Merkel and Brown exactly how to "clean" up this mess.

President Barack Obama discussed Greece's debt woes
in a video conference with U.K. Prime Minister Gordon Brown and German
Chancellor Angela Merkel on Friday, the White House said. 
Spokesman Robert Gibbs said the administration has confidence that Greece
can avoid a debt crisis.

Sat, 02/27/2010 - 01:33 | Link to Comment chindit13
chindit13's picture

Here's a hands-across-the-aisle solution for Obama:  Send Sarah Palin as an envoy to help mend the bad feelings between the Greeks and Germans.  Sarah, an acknowledged expert of all things international, could use her knowledge that Germany fought on the side of the United States in the Civil War, and that her illegitimate grandchild was conceived in the back of a Volkswagon, to cozy up to fellow futbol Mom Angela Merkel. To endear herself to the Greeks, Palin might mention that she used to occasionally have lunch at the Parthenon Diner in Juneau (cheeburga ! cheeburga!), not to mention her familiarity with Greek Culture during her sorority days (Kappa U Alpha Sigma Sigma), and that she's a big fan of Apolo Ono.  Her and the hubby have also taken a few stabs at doing it Greek Style.  Toss in the common religion (Hey, Zeus), or that her children's children call her Gamma, and our Sarah is sitting as pretty as a lipsticked shwarma. 

Sorry, quiet Saturday morning. 

Sat, 02/27/2010 - 00:34 | Link to Comment Problem Is
Problem Is's picture

"This could only be topped by Obama flying to Europe to make one of his useless reconciliation speeches."

Obama reminds me of the Disneyland Lincoln audio-animatronic robot.... Same canned stale speech on tape over and over again from a stiff...

Fri, 02/26/2010 - 14:59 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:04 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:41 | Link to Comment cougar_w
cougar_w's picture

-1 troll

Fri, 02/26/2010 - 16:51 | Link to Comment MsCreant
MsCreant's picture

Yeahp.

Fri, 02/26/2010 - 15:29 | Link to Comment Anonymous
Fri, 02/26/2010 - 15:33 | Link to Comment nedwardkelly
nedwardkelly's picture

"were eating bananas in the trees"

Haha... love it.

 

Fri, 02/26/2010 - 15:55 | Link to Comment foxmuldar
foxmuldar's picture

The only unemployment that will matter, and when you will hear the screamming, is when the teachers begin losing their jobs. When that starts to happen, Look Out!

Its starting to happen and I hope it continues. Kalifornia had to let 1000 teachers go recently if I remember correctly. Teachers are a major drag on the budgets of municipalities and states. Most teachers can retire after 30 years of parttime work or 8 months each year and get almost their full salary from their monthly pensions. Thats why Marc Faber says were all doomed.

http://www.youtube.com/watch?v=U2pOsvEwQi8 

Unfunded Pensions for Teachers, firemen, Police and other state employees are bankrupting the states and soon the country.

 

 

Fri, 02/26/2010 - 16:01 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:00 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:00 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:17 | Link to Comment the.spear
the.spear's picture

Is it me or is Zerohedge and the comments in general getting funnier? It's great! Keep it up folks & Enjoy the ride into fiat oblivion - YAY!

Fri, 02/26/2010 - 16:45 | Link to Comment Anonymous
Fri, 02/26/2010 - 16:55 | Link to Comment cephalo
cephalo's picture

And the winner iisss................

 

http://cryptogon.com/?p=14009

Fri, 02/26/2010 - 17:04 | Link to Comment Anonymous
Fri, 02/26/2010 - 18:25 | Link to Comment Anonymous
Fri, 02/26/2010 - 18:42 | Link to Comment Uncle Fester
Uncle Fester's picture

Die Deutsche Bank hat das grösste Problem, nämlich die Unmenge von Griechische Staatsanleihen in ihren Büchern...deshalb Ackermann in Athens heute...

die alle warten darauf, das die Amis kommen und die Fed GGBs kauft, statt Fannie und Freddie..

 

verstanden???

Fri, 02/26/2010 - 18:52 | Link to Comment Carl Spackler
Carl Spackler's picture

Ja.  But I don't buy it (no pun intended).

(Ich bin Ami, aber ich habe bei der Commerzbank in der BRD gearbeitet.)

 

 

 

Fri, 02/26/2010 - 18:44 | Link to Comment htp
htp's picture

Breaking off the Euro is actually good for both northern Europe and Club Med.

The northern economy is based on manufacturing. The south on real estate.

They require different monetary policies, one prudent, one speculative. Both can not be reconciled in one currency.

What many perceive as a weakness in the euro compared to the dollar, in lack of a single fiscal authority and disunity among states, in my judgment is actually an advantage for European economies in the long run, as each state has the freedom to join or leave the monetary union. Germany should seriously consider leaving.

If only states in America have that freedom.

Fri, 02/26/2010 - 19:05 | Link to Comment Anonymous
Fri, 02/26/2010 - 22:43 | Link to Comment phaesed
phaesed's picture

Seriously.... A Fawlty Towers sketch?? Dude, you gotta be British to know that clip :)

 

Hello from minimum wage land here in New Orleans.... 9.7% U3 unemployment, yet I'd say the true figure is somewhere near 25% or so. 12 people showed up for a dishwasher position :P

 

However with Mardi Gras over and short term employment disappearing until Jazz Fest, it should be interesting to see how it works. Rent dropped over 20% in average for craigslist postings.... ahhh Capitalism at it's finest :)

 

I'm thinking Miami might be my next stop for city life after a few gigs in the back wood cities along the way.

Ohhhh btw, anyone else notice that broadening triangle formation in TLT? Interesting to say the least, they might break the $87 B point next month.... if that's the case, get ready for the hyperinflation and the deflation thesis will be impossible to recover (aside from a mild burst of it)

The 70's all over again and the bankers winning... a tisket a tasket.

Peace y'all

Sat, 02/27/2010 - 00:00 | Link to Comment Anonymous
Sat, 02/27/2010 - 00:25 | Link to Comment Problem Is
Problem Is's picture

"After recent Greek media outbursts have recalled the Nazi wartime occupation of the country, as well as demands for WWII reparations..."

When "you owes me" rears its ugly head... it is all down hill from here on out...

Sat, 02/27/2010 - 00:41 | Link to Comment chindit13
chindit13's picture

European Union?  Let me see.  Greece and Germany have about as much in common as, say, California and Georgia, or Massachusetts and Texas, or North Dakota and Louisiana.  Guess it will never work.

Sat, 02/27/2010 - 01:01 | Link to Comment Anonymous
Sat, 02/27/2010 - 02:45 | Link to Comment Anonymous
Sat, 02/27/2010 - 02:49 | Link to Comment tom a taxpayer
tom a taxpayer's picture

In the March 5 visit to Berlin, if Papandreou asks Merkel for a bailout, Merkel will say, "Yes we have no bananas".

Sat, 02/27/2010 - 06:49 | Link to Comment Anonymous
Sat, 02/27/2010 - 14:01 | Link to Comment Anonymous
Sun, 02/28/2010 - 18:17 | Link to Comment Anonymous
Sat, 02/27/2010 - 14:36 | Link to Comment Anonymous
Sun, 02/28/2010 - 18:23 | Link to Comment Anonymous
Sun, 02/28/2010 - 07:12 | Link to Comment Anonymous
Mon, 03/01/2010 - 04:49 | Link to Comment Anonymous
Tue, 03/02/2010 - 18:35 | Link to Comment Anonymous
Wed, 03/03/2010 - 15:11 | Link to Comment Anonymous
Sat, 03/06/2010 - 09:55 | Link to Comment Anonymous
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