This page has been archived and commenting is disabled.
Remember That Greek Bailout Rumor...
GERMAN FDP PARLIAMENT MEMBER SCHAEFFLER TELLS PAPER GREECE SHOULD LEAVE EURO ZONE (RTRS)
Next time, our advice: get confirmation
- 11013 reads
- Printer-friendly version
- Send to friend
- advertisements -


Achtung baby!
Top in place after today?
http://deadcatbouncing.blogspot.com/
http://translate.google.com/translate?hl=en&sl=de&u=http://www.frank-sch...
You should spam that link into a few more threads this morning. I am not sure everyone has seen it pasted in the first 10 posts of every thread.
Dude, your blog sucks fucking donkey nuts so stop spamming the living shit out of these comment threads, you fucktard, loser bitch.
Germany is a dorfmatratze if they pay a cent to this fucked up bailout. Make Greeks debt slaves and force the germans to foot the bill.
I'm sure Ireland is taking notes. They really want to fuck em all over.
China will bail them out, again...
Any truely sovergin entity can redenominate its debts in Punts Drachmas etc. - of course Hibernia has always been someone else's bitch.
It remains to be seen if Hellas has any class - maybe just maybe
The scummy german politicians are the pimps, the German taxpayer is the forced whore; the people were never asked about the introduction of the Euro. The parliament voted wit some 99% yes voters, similar to the parliament (or whatever that is called) in North Korea.
The current minister of finance, Schaeuble, took once an envelope with 100'000 DM in cash to hand it over to the party cashier. That is his qualification for being minister of finance.
Desperate FDP grandstanding (they are losing their power)--what do you expect them to say? All the power still rests in Mama Merkel's sweet palms, and she is not really listening to the FDP pied piper. Let's get the Greek land registry translated into German and turn the Greek islands into another Ballerman Mallorca!
Tyler. You take all the market fun out of BTFD rumors.
I bet you're the center of attention at cocktail parties.
NOT :>)
Tyler's the one serving the cocktails (with added antifreeze).
Dogs like antifreeze :)
I substitute Stoli for antifreeze. When I see the dog staggering all over the yard, I know I have a radiator leak...
A woman has been sentenced to 23 years for killing her boyfriend by lacing one of those plastic buckets of margarita cocktail with antifreeze.
http://www.9wsyr.com/news/local/story/WNY-woman-sentenced-in-antifreeze-death/wR8HwTO6sUGKW6zC7qcjUQ.cspx
An all 'natural' sweetener.
Market doesn't care. DXY still firmly below 75, so rally on bitchez
That is becuase the market is mostly focused on the debt vote today.
Market focused on debt ceiling vote which has already been announced will not pass? Oh ok, makes sense.
And the BlowHorn [CNBC] is too focused on The Hangover 2 to attend to this pesky Greece reversal story. Also...makes sense.
Of course, nothing the market is doing makes sense, save for the persistent sell programs that have been well engaged since 9:41 am Eastern Standard.
Quick run a memorial story of mark haines that will distract everyone.
Nah...surprisingly, the BlowHorn [CNBC] has been doing a public service, preparing the people with a segment and poll about whether or not folk would engage in slaughtering their own food.
Something rather foreboding about that.
Anyway, onward now with utterly irrelevant programing! Never mind the outside reversal day that is now gaining momentum.
The market already knows the outcome of the debt vote today. Already priced in.
I get it..Leak it higher then sheer the sheep...
That's just one MP. Unless something along these lines has actually been decided, why is it even important what just one guy said?
Is he the equivalent of a Congressman here making a statement. One person doesn't make the policy.
Any signs of German protests? Anybody? Anybody?
More like German street parties, upon leaving the EU!
No, nothing. Just some freaks online.
Sheeple go on dreaming, spending, soccer watching. Now MSM says cucumbers are deadly.
'Cucumbers are deadly'....well I suppose that depends on where people try to put them.
Jorg Kackelmann--Germany's DSK--was racquitted from rape today. The big distraction of the day, along with the FIFA, and the proposed ending of nuclear energy in 2022.
GPap hastily arranging visit to Germany along with 50 restive Greek models
and the sheep are dancing, wow! when will this illusion be recognized for the failure it is!
Am standing outside with toolbelt on and taping tools as well hoping to find work. A man at mc Donalds said one cannot even BUY a job. Its raining again, 6 out of 7 days it rains here in Oregon . Starbucks is still busy here in the more affluent white community of Happy Valley. Funny as none of them have a clue as to the USD status. But am hearing of many divorces, relationship breakups as women shed their jobless men. Oh, what a wonderfull world. depression for those on the bottom, normalcy for those treated more generously. Discogged!
Am still in good humor and laughing, but it does truly suck to be homeless! Am able to laugh because i am well aware of the true nature of reality being illusion. i am merely a unit of awareness gaining experience in the material world most think is real. Nuts!
man on the street report by merehuman
A resilient mental outlook will help. You are a survivor. Good luck.
Thank you. Am a stubborn german, slept in other peoples cars as a teen, never thought i would revisit that circumstance or meet others who are doing that now!! am feeling cheerful despite all this crap, go figure.
after having called the prosecutor!
Shaeffler not relevant so this comment not a big deal. He is pretty low octane fellow in Germany. Its US equivalent is Roscoe Bartlett telling people to move out of cities before its too late
Why were they ever in it in the first place - those dirty socialists?
Rumour started by the WALL STREET journal... say no more....
Does anyone really think Goebbels isn't going to bail out the German banks, I mean the Greeks?
Not I said the little piggy.
Goebbels and Company just need to people to rise up in shared pain and suffering and scream in one unifying voice......."Print Oh mighty one, print away so that I may rest my weary head once more and dream of consumer heaven."
Or something along those lines.
Nor, I said the 3rd little piggy...
Schaeffler needs to learn that demagogy, nationalism and jingoism is no way to rise to political power and influence in Germany...
Now Schaeffler... STFU and let Merkel proceed with the bailout on schedule...
No, but they will bail out their ass some day!
it would be nice to know the price of gold in athens right now.
Unfortunately Frank Schäffler is a no name in the German FDP. He is about the only one sitting in the German parlament who does understand what is going on. However nobody listens to him. Kind of the German version of Ron Paul...
...but the Germans need another century until they realise that he might be right.
As a matter of fact most Germans like government intervention. The omnipotent government is never big enough in their point of view. Instead they fear the free market and capitalism. They actually point to the US and say:"see, this is what happens if you have 'free' markets and we do not want this in our country."
Forget Frank Schäffler, most Germans do not even know him.
Sad but true, communism was afterall invented in Germany
Sad but true, (limited) communism would actually solve the "social" issue in a selfsustainable way (instead of throwing money at the problem).... something which a free market will never be able to do by definition (a free market on the other hand, however solves all the issues, which communism cannot fix).
EDIT: Actually, i would go as far as claiming, that as long as free market proponents do not make communism one aspect of their economic model, what they will get will always be a free market plus socialism.
So, before you equate socialism with communism the next time, maybe hold in a moment and think about if both are equal, or if its just you being a greedy envious egoist, ridiculing the equally greedy and envious altruists.
They are the same thing genius. Next time read some Hegel before you attempt to interpret Marx.
Maybe then you understand that they are all the same. Fascism, Socialism, and Communism are all the same state endorsed slavery.
I don't need to read anything, to understand that financing something with mandatory work of the consumers of said service/goods, is not the same as financing something with capital from non-consumers of said goods/services.
An economic sector selfsustaining itself, is not the same as an economic sector being fueled from external sources.
Wow, 5 junks.... looks like i must have done something right!
Apparently, a lot of free market proponents here, who do not realize that their type of free market has a hole.... because it cannot efficiently deal with collective needs.... that defect is then compensated with socialism (aka "throwing money at the problem"). They could complement their model, by dealing with collective aspects in another way than a free market (communism is the most obvious choice here)..... but since they chauvinistically think that everything else than free market capitalism is the devil, they will continue to end up throwing money at the problem (socialism), while hypocritically complaining about it. Dichotomies FTL!
You don't understand that Not every1 deserves to survive and not every problem of every man needs to be solved, as a wise Scottish proverb says 'Some people are only alive because it's illegal to shoot them'
And no the free market is not designed/intended to create an Utopia it's designed to filter out the chaff from the grain
Oh, finally we clear and unambigiously get the true motivations behind some (not all) free market supporters: Darwinism.
What you however do not understand is:
That you are introducing darwinism in areas for no other reason than model defects. You are saying that people should die simply because the model is kaputt. To show this, lets look at one aspect where "darwinistic" free market models (or is it actually capitalism in general?) fail (and with failure, i here mean a model being unable to efficiently deal with a scenario - not on purpose, but simply because of the design).
First, i once again bring my old example: We have a hypothetical small island with 10 people. For simplicity's sake, lets say they only need bread to survive. At first, 10 people need to work fulltime, to create enough bread for everyone to survive. Then via technological advances, only 7 people (or 70% of time) are needed to produce enough bread for everyone. By common sense, there should be no problem at all - people should actually be happy about the increase in efficiency. But because current types of free markets (or is it capitalism?) only takes into account individual aspects, those who do not work at a given point in time die. Or if everyone works less time, everyone now earns only 70% of money (because no one - at least initially - will accept wages/hour to rise, because of more efficient production.... they will expect the opposite).
And why in such a scenario - basic needs for everyone - a scenario where it is clearly known ahead of time which and how many goods are required for the collective.... is there even a need for invidual trade, and this "profit" thing? That's right, there is none. It is the kind of goods/services that depend on needs of the entire collective.... not on individual aspects. Roads and water-supply are similiar cases. Free market capitalism in the current sense, simply cannot deal with such collective needs efficiently, because it can only do individual-based economics, and is at loss when it comes to collective-wide aspects.
Because it cannot deal with this, it has so far taken the lazy way out: Just throw money at it. Taxes as well as social programs. The problem in this case however is that it is unsustainable... because it still expects that the amount of wages/profits must be equal to the amount of produced goods/services... Which as we know since the industrial revolution is no longer equal.
Your "solution"? Just ignore the model defect, and let people starve and die if they are unlucky enough in this russian roulette situation.... heck, it isn't even darwinism, because it isn't even based on performance. What it is, is just fucking stupid assholery, and fatal denial.
And because you, and everyone who supports this idiocy, is such an asshole, the masses do not support it.... and thus, there will be socialism (throwing money at the problem), precisely BECAUSE you are unwilling to fix the defects of your own model.
After all, who would be stupid enough to accept death, just because some egocentric idiot isn't willing to address his own errors? Your mindset, is what makes socialism necessary. If you'd fix your model, it wouldn't be necessary.
EDIT: In this regard, that your variant of free market will never exist, precisely is an example of darwinism: The lifetime of your model is even shorter than that of capitalism+socialism: Zero.
Bottom line:
Where there are defective free markets, there will be socialism. Where there is socialism, there will be defective free markets.
Are you physically or mentally 'handicapped' ? Cuz you take this issue so personaly like you where 1 of those bums on government life support, 'Terri Schiavo' type
Yes, right. Germoney and France are SOCIALIST countries and Merkel is even one step ahead, a dirty dictator receiving her orders from USSA and the banksters )aka fucking Ackerman)!!!!Fuck the deceiver, the criminals, the thieves whatever nationality!
Well, first impressions matter. You get some first taste of that supposed "free market" and "capitalism".... and it turns out all it does is create monopolies, trash and deception. So, in the minds of the sheeple, since all they ever experienced was "that kind" of a free market, and all that ever was proposed to them was "that kind of free market".... they say "Was für'n Scheiss.... all dieses Zeug führt nur dazu, dass ein paar reiche Geizkragen uns ausbeuten."
Or more simple: There ever only has been badly regulated "free markets" - since that is all they have seen and are proposed, they dislike it. I also dislike it by the way. Give me that old "big state" any day, over the shit that is going on now - that way, at least all wealth-classes of society exploit the economy equally, instead of a wealth transfer from one class to the other.
Your German sucks. What are you Bavarian?
Go troll someone else, idiot.
(And before the usual "What? I'm not a troll at all" comes as reply, notice that i used "troll" as a verb here, to imply that it is what you are currently doing)
I'm pretty sure that El Presidente, Raul Castro, would welcome you with open arms into his "big state"; if that's not big enough, feel free to start learning Mandarin...
I wiish we actually had free market capitalism in the usa. We just have an inferior version of statism.
Ask someone in Germany if he ever heard of Schaefler. Nobody.
The Fdp as a party is ruined, dead, out.
Rumor or Inuendo is good enough for these mkts. These are our Global Mkts deep and liquid like the North Atlantic.
The guy seems like a smart cookie. http://www.frank-schaeffler.de/weblog/1623
"Told by an idiot, full of sound and fury, Signifying nothing"
OK, now what, Tyler?
Context please.
Osama Obama is da man!
Where's my check, beotch?
It seems to me the dynamic is the EU bureaucrats get together on the weekends and hammer out the "EU first and always" plan. When the peasants show up during the week, they increasingly find reason to take to the streets or vote against the EUlites. It doesn't look the EUlites will ever face the music, but the decision is going to be taken out of their hands.
And I say this with no air of superiority. America is worse. We have graced our bankers with trillions in new currency at taxpayer expense. We have become a sick parody of capitalism.
Homeless indeed.
Frank Schäffler is a lunatic backbencher with no influence at all. The Liberals are on the edge of extinction (now poll at 3%, limit to get into parliament is 5%) and are desparately trying to give the impression of being tough on the hard issues (social security, wages, bailouts).
They are all wankers and from welfare queen to billionaire, if there's one party every German can agree to hate it's the Liberals.
This has always been their approach for decades now: straight, hard talk and then they vote the other way round. Nobody gives a damn what some Liberal might say to some newspaper.
lol
They're all politicians, that's what you're saying? ;-)
I think some can see now that a further bailout is not going to work, ever, and the dam might break even before their time is over on the pluche seats.
More voices calling louder against the bailout and for Greece to leave the monetary union:
Former minister Willem Vermeend of the Netherlands:
http://www.telegraaf.nl/watuzegt/9920753/__Lees_hier_BRIEF_WILLEM_VERMEEND__.html?sn=watuzegt
http://www.telegraaf.nl/binnenland/9922424/___Griekenland_snel_uit_de_eu...
I'm sorry I really don't have time to translate this. :-/
Red close Today would be a Greek Island Reversal Day..
HA!
That is like telling your shifty, mooching brother-in-law he has to move out...
(After he told your wife 2 years ago he just needs a place to stay for a couple of days until his severance check shows up...)
That is the greek crises, except you gave your brother in law a bunch of loans to help him get back on his feet and he blew the money and cannot repay you.
Greek crisis, except: My wife and the sister's central bank agreed to me loaning the money while I was at the auto shop paying for the damage to the car the brother-in-law borrowed....
Read and weep (or laugh)...
http://coveringdelta.wordpress.com/2011/05/29/accusations-of-treason-in-...
Nice link. Boy, there is a picture of the Three Stooges:
Who is setting up all of these Top Banksters ? Is this retribution from an inside group looking out for American interests ???
"A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel - Mahmoud Abdel Salam Omar is accused of sexually abusing the maid at The Pierre, a luxurious hotel near Central Park and Fifth Avenue on the Upper East Side, police said."
http://www.cnbc.com/id/43221009
No way this stuff is a coincidence
Maybe it's 'cause NY maids are hawt!
Larry Fink Calls for Bailing Out the European Banks Before Restructuring Greece Et Al
"“The European problem is way beyond Greece,” Fink said in the interview in Hong Kong. “Greece is the most immediate problem. I find it very difficult to restructure Greece without the understanding that we’re probably going to have to restructure Ireland and restructure Portugal.”"
http://www.businessinsider.com/larry-fink-calls-for-bailing-out-the-euro...
Don't forget lovely Spain. Spain will be what drops EUR to the realistic level of 1.27-1.28. When? Not soon enough for me. I'm short covering from 1.40. Glad to see the resistence to 1.44. If it falls though I'm still going to cover all the way to 1.52. Make any sense? On my timeline yes. Every $$ I put up to cover my short will cascade back nicely when the trip down begins. This bounce back from 1.40 stinks to high heavens. The USD is a piece of shit but the EUR is pure fiction. IMHO
per Doug Casey: USD = IOU nothing but Euro = who owes you nothing
So I'll go out on a limb and expound:
EUR is an ARTIFICAIL construct. USD sucks but has been around long enough to have become 'real'. The EUR was poorly conceived and yet survives because of huge forces who adore the grand scheme of a full integration of the global economy. The EUR was to be the 'cradle' of a paradigm shift, the outcome of which was to be centalized global governance by the same asshats who have got us to where we are today? "climate change" was to be a component of this plan.
I'm not buying into any of it. At any level a certain amount of dishonesty is to be expected. A CERTAIN AMOUNT. Not this fucking much however.
The lies give it away.
EUR goes first.
As always, IMHO
No one knows Schaeffler in Germany.... perhaps some scholars of Silvio Gesell. And this is all you need to know about him (more than others know about him).
Just incase i missed something today - DAX +1.7% Euronext 1.1% Eur/Usd +0.33%, Gold flat, Brent +2% etc...tell me it aint so!
Do not pay much attention to day to day shit. Like what I got.
Cue massive cyber attack stick save in 3.........2...........................
As the Charade continues a quote from Marvin the Martian comes to mind...
Where's the kaboom? There was supposed to be an earth-shattering kaboom!
Once the bailouts stop, the debt collection begins....
What country really needs to own land, water, and natural resources anyway.
SCHAEFFLER is like a german Ron Paul, one of the few who denied there vote to the first Bailout