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Ministry Of Truth Fail - Today's WTF Moment Comes From Europe

Tyler Durden's picture




 

19 Oct 2010 13:40 BST *DJ Trichet: Warns Not All EU Govt Finance Statistics Are Reliable
19 Oct 2010 13:40 BST *DJ Trichet: Must Close Information Gaps In Global Statistics

What's that, Trichet? The EUR is too high you say? Must kill the EUR you say? It was all a lie you say?

Read you 5x5 partner.

 

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Tue, 10/19/2010 - 09:01 | 660827 SheepDog-One
SheepDog-One's picture

NOBODY expects the Inquisition!

YouTube - Spanish inquisition

Tue, 10/19/2010 - 09:04 | 660844 mohadiep
mohadiep's picture

What's the actual context? Time for the two tier EURO?

Tue, 10/19/2010 - 09:06 | 660850 RemiG2010
RemiG2010's picture

The actual context is, it's time to face reality!

Tue, 10/19/2010 - 11:23 | 661307 CPL
CPL's picture

The reality is europe operates on an economic model standard that can be summarized like this.

 

Cut twice, measure once...

 

"fuck I keep cutting the board and it's still too short!  What's going on here!!"

 

Personally i blame the inbreding of the blue blood douchebags for all the retardation.

Tue, 10/19/2010 - 09:05 | 660846 Horatio Beanblower
Horatio Beanblower's picture

 

"All the world's a stage, And all the men and women merely players: They have their exits and their entrances; And one man in his time plays many parts, His acts being seven ages..." - William Shakespeare
http://www.artofeurope.com/shakespeare/sha9.htm

 

Tue, 10/19/2010 - 09:28 | 660923 bada boom
bada boom's picture

I thought that was Rush, "Limelight"

"All the world's indeed a stage
And we are merely players:
Performers and portrayers,
Each another's audience
Outside the gilded cage..."

 

What about "Closer to the Heart",

"And the men who hold high places
Must be the ones who start
To mold a new reality
Closer to the heart..."

Wishful thinking for Trichet?

Tue, 10/19/2010 - 15:42 | 662338 Lednbrass
Lednbrass's picture

Dunno about Trichet, but I'm thinking more along the lines of:

Lessons taught but never learned

All around us anger burns

Guide the future by the past

Long ago the mold was cast

For they marched up to Bastille Day

La guillotine claimed her bloody prize

Hear the echoes of the centuries

Power isnt all that money buys

Tue, 10/19/2010 - 09:10 | 660862 T Rex
T Rex's picture

And he comes off so credible. Wow.

Tue, 10/19/2010 - 09:15 | 660878 Rodent Freikorps
Rodent Freikorps's picture

Can't we hang these bastards yet? Please?

Tue, 10/19/2010 - 09:16 | 660880 Dr. No
Dr. No's picture

"Not All EU Govt Finance Statistics Are Reliable"  Whos says the CBs are not political?

Tue, 10/19/2010 - 09:19 | 660888 Cognitive Dissonance
Cognitive Dissonance's picture

Who says the CBs are not political?

The CB's, and their stooges, say they aren't political. So it must be true, especially when the free and independent press says the same thing.

I feel better already, don't you?

Tue, 10/19/2010 - 09:20 | 660890 iota
iota's picture

It's all going a little good cop, bad cop lately with CBs and thier retinues.

Tue, 10/19/2010 - 09:24 | 660895 hedgeless_horseman
hedgeless_horseman's picture

Read you 5x5 partner.

We're (EU) on an express elevator to hell...going down!

http://www.youtube.com/watch?v=uDLQg8ZKBS8

Tue, 10/19/2010 - 09:22 | 660896 cycjyf
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Tue, 10/19/2010 - 09:25 | 660909 iota
iota's picture

How about we have a moratorium on live links for anyone that's been here less than say, a month?

Tue, 10/19/2010 - 09:29 | 660931 Cognitive Dissonance
Cognitive Dissonance's picture

It just means Zero Hedge has arrived, witness the spammers and advertisers masquerading as spammers.

ZH has always been an open comment section and Tyler & Co do very little to police the joint other than to throw these idiots out when they expose themselves.

Dear sir, please zip up when you're around the children. Thanks!

Tue, 10/19/2010 - 09:33 | 660949 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

I think Pandora Jewelry is being suggested as a possible solution to the financial mess the we're in.  </sarcasm>

Tue, 10/19/2010 - 09:56 | 661012 hedgeless_horseman
hedgeless_horseman's picture

Fuck Pandora.  She's the bitch responsible for all of this HOPE shit .

Tue, 10/19/2010 - 10:28 | 661102 Martel
Martel's picture

ZH: We're consumers. We are by-products of a lifestyle obsession. Murder, crime, poverty, these things don't concern me. What concerns me are celebrity magazines, television with 500 channels, some guy's name on my underwear. Rogaine, Viagra, Olestra.
Spammer: Cheap Pandora jewelry...

ZH: Fuck Panodora. Pandora's polishing the brass on the Titanic. It's all going down, man. So fuck off with your designer handbags and cheap bling-bling.

Tue, 10/19/2010 - 16:13 | 662459 RockyRacoon
RockyRacoon's picture

The spammers are getting braver.  They used to just post at the ends of closed threads.  Now they are jumping right in at the top.   I say we take 'em all out and string 'em up.

Tue, 10/19/2010 - 09:24 | 660901 Careless Whisper
Careless Whisper's picture

so the euro tanks on this, next maybe benny will say we can't believe the u.s. stats, and the dolla will tank...

Tue, 10/19/2010 - 09:46 | 660989 Dixie Normous
Dixie Normous's picture

The complete opposite of one upsmanship! One downsmanship? The ultimate race to the bottom?

"your Daddy can beat up my Daddy."

"no way, your Dad is way stronger."

Tue, 10/19/2010 - 10:31 | 661114 Martel
Martel's picture

"But the U.S. helicopters are so much better than the European ones. Aren't they, helicopter-Benny?"

Tue, 10/19/2010 - 09:25 | 660906 sweet ebony diamond
sweet ebony diamond's picture

Today could be a bumper crop of WTFs.

Tue, 10/19/2010 - 09:26 | 660918 iota
iota's picture

+ much

Tue, 10/19/2010 - 13:59 | 661928 WaltzTangoFoxtrot
WaltzTangoFoxtrot's picture

I am my own bumper crop!

WTF

Tue, 10/19/2010 - 09:27 | 660921 knukles
knukles's picture

Same one who, when back 3 years ago when the US system started fallin' apart excorciated the US as unreliable, greedy thieves, incompetent, self-centered, avarice laden, moronic Madoff like fraudsters. 

Pots and Kettles, and not as in Ma and Pa, neither.

Tue, 10/19/2010 - 09:28 | 660927 Popo
Popo's picture

*  Trichet warns that Trichet may not be credible.  

*  Trichet announces that announcements must be curtailed.

Tue, 10/19/2010 - 10:06 | 661047 bigdumbnugly
bigdumbnugly's picture

lol popo.  in a nutshell, that's it!

Tue, 10/19/2010 - 09:48 | 660997 CU1981
CU1981's picture

This is currency intervention via words.

 

Whats the shelf life for this event?

My guess 5-7 days, tops.

Tue, 10/19/2010 - 10:46 | 661161 Chuck Mentzel
Chuck Mentzel's picture

Maybe he's saying governments have been hiding data about aliens and now it's time for full disclosure.

You're reading too much into this, imo. He says just that, what we already knew, in the case of Greece. The ECB works with all the central banks in the EU, not just those from the eurozone. Does he mean countries from the Eurozone or countries from the EU in general?

And no, what Trichet says doesn't have a political effect, so he can't say what you infer from that, Tyler. It's not up to him to decide that.

Tue, 10/19/2010 - 10:48 | 661170 Martel
Martel's picture

The EU will win the race to the bottom. If nothing else helps, the Brussels will recruit their bookkeepers and auditors from the state of Greece. And you'll get to hear about this when they've already been doing their thing for five years or so.

"Do you begin to see, then, what kind of world we are creating? It is the exact opposite of the stupid hedonistic Utopias that the old reformers imagined. A world of fear and treachery and torment, a world of trampling and being trampled upon, a world which will grow not less but more merciless as it refines itself. Progress in our world will be progress toward more pain."

 

Tue, 10/19/2010 - 10:51 | 661185 Village Idiot
Village Idiot's picture

For all you CB luvin' streakers out there.             http://en.wikipedia.org/wiki/Streaking 

 

(Yeah, breaker one-nine, this here's the Rubber Duck,
you got a copy on me Pigpen? C'mon.)
(Ah yeah, ten-four Pigpen, for sure, for sure.
By golly it's clean clear to Flagtown. C'mon.)
(Yeah, that's a big ten-four there Pigpen. Yeah, we definitely got the
front door good buddy. Mercy sakes alive, looks like we got us a convoy)

It was the dark of the moon on the sixth of June
In a Kenworth pullin logs
Cab over Pete with a reefer on
And a Jimmy haulin hogs
We's headed for bear on eye-one-oh
About a mile outta Shakeytown
I says Pigpen, this here's the Rubber Duck
And I'm about to put the hammer down

Coz we got a little convoy rockin' thru the night
Yeah we got a little convoy aint she a beautiful sight
Come on and join our convoy aint nothin' gonna get in our way
We gonna roll this truckin' convoy 'cross the USA
Convoy

(Ah, breaker,
Pigpen this here's the Duck and you wanna back off on them hogs?)
(Ah, ten-four, about five mile or so)
(Ten roger, them hogs is gettin' IN-tense up here)

By the time we got into Tulsa town we had 85 trucks in all
But they's a roadblock up on the cloverleaf
And them bears 's wall to wall
Yeah them smokeys 's thick as bugs on a bumper
They even had a bear in the air
I says Callin' all trucks, this here's the Duck
We about to go a-huntin' bear

Coz we got a great big convoy rockin' thru the night
Yeah we got a great big convoy aint she a beautiful sight
Come on and join our convoy aint nothin' gonna get in our way
We gonna roll this truckin' convoy across the USA
Convoy

(Ah, you want to give me a ten-nine on that Pigpen?)
(Ah, negatory Pigpen, you're still too close.
Yeah them hogs is startin' to close up my sinuses.
Mercy's sakes you better back off another ten)

Well we rolled up Interstate Forty-Four
Like a rocket sled on rails
We tore up all of our swindle sheets
And left 'em sittin' on the scales
By the time we hit that Shi town
Them bears was a-gettin' smart
They bought up some reinforcements
From the Illinois National Guard

There's armoured cars and tanks and jeeps
And rigs of every size
Yeah them chicken coops was full of bears
And choppers filled the skies
Well we shot the line
We went for broke
With a thousand screaming trucks
And eleven longhaired friends of Jesus
In a chartreuse microbus

(Ah, Rubber Duck, this is Sodbuster. C'mon here?)
(Yeah, ten-four Sodbuster.
Listen, ya wanna put that microbus in behind that suicide jockey?)
(Yeah he's haulin' dynamite and he needs all the help he can get)

Well we laid a strip for the Jersey shore
Prepared to cross the line
I could see the bridge was lined with bears
But I didn't have a doggone dime
I says Pigpen this here's the Rubber Duck
We just aint gonna pay no toll
So we crashed the gate doin' ninety-eight
I says Let them truckers roll, ten-four

Coz we got a mighty convoy rockin' thru the night
Yeah we got a mighty convoy aint she a beautiful sight
Come on and join our convoy aint nothin' gonna get in our way
We gonna roll this truckin' convoy across the USA
Convoy

(Ah, ten-four Pigpen. What's your twenty? OMAHA?
Well they oughta know what to do with them hogs out there, for sure.
Well mercy sakes good buddy, we gonna back on outta here,
So keep your thumbs off your glass and the bears off your ......tail.
We'll catch you on the flip-flop.
This here's the Rubber Duck on the side. We gone. bye bye.)

Tue, 10/19/2010 - 11:51 | 661395 macholatte
macholatte's picture

 

While the statistics of an “overwhelming majority” of Eurozone
member states are reliable, “this does not yet apply to all of them.”

 

ECB Trichet: New Eurostat Powers Must Be Fully Applied

http://www.forexlive.com/140367/all/ecb-trichet-new-eurostat-powers-must-be-fully-applied

 

Trichet-Statistics standards should be made law

http://www.reuters.com/article/idUSDEP00336920101019

Tue, 10/19/2010 - 13:29 | 661809 Grand Supercycle
Grand Supercycle's picture

Today marks an important turing point for global markets and the USD strength I warned about has arrived.

http://stockmarket618.wordpress.com

Tue, 10/19/2010 - 14:01 | 661934 WaltzTangoFoxtrot
WaltzTangoFoxtrot's picture

Let us pause for a moment, and pray for all the WTFs out there, me included!

 

WTF

Wed, 10/20/2010 - 07:17 | 663727 PeaBird
PeaBird's picture

LOL "DJ Trichet" eh?

Maybe Tyler or Marla ought to invite "DJ Trichet" to "spin" some tunes on Radio Zerohedge next weekend???

Would love to know what kind of "playlist" DJ Trichet would be spinning for the show. Maybe you could post that after his radio appearance?

Sat, 11/13/2010 - 08:38 | 724540 mark456
mark456's picture

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