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Second Greek Budget Bill Passes
No TARP version 1-style surprises allowed:
PAPANDREOU HAS VOTES TO WIN SECOND BUDGET BILL; VOTING ONGOING
The Hamptons will be crowded this weekend. Keep an eye out for photoshopped receipts where hedge funds supposedly hold $100 million in accounts which only have $100,000 in FDIC insurance.
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Whistling past the graveyard .....
Only Arse Wholes go to the Hamptons (except for me and my rich greedy friends)
burn it down
it's disturbing to see how CNBC and the market in general seems to relish in the celebration of the complete theft of an entire nation. the more intense and violent the riots and protests get, the higher the market goes in what can only be interpreted as a big "fuck you" to the people.
yeah, they brought on a neo - nazi Carolin Schober as an independent voice to describe the situation ... what the world is coming to ...
The glee shown by Simon and Sullivan is particularly grating.
Especially when Greeks are watching their lives and futures being stolen from them.
I dont know how the bobbleheads do it, shit like this must be soul destroying.
Total self-rejection. Locked in a self-constructed matrix, and never being able to face the world outside of it - and especially not face themselves. They will forever be in denial and invent justifications, so that they won't kill themselves in disgust.
true Rynak. The fifth column, what a sham!
John Swinton on the Free Press
One night, probably in 1880, John Swinton, then the preeminent New York journalist, was the guest of honour at a banquet given him by the leaders of his craft. Someone who knew neither the press nor Swinton offered a toast to the independent press. Swinton outraged his colleagues by replying:
“There is no such thing, at this date of the world’s history, in America, as an independent press. You know it and I know it.
There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinion out of the paper I am connected with.
Others of you are paid similar salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. If I allowed my honest opinions to appear in one issue of my paper, before twenty-four hours my occupation would be gone.
The business of the journalists is to destroy the truth, to lie outright, to pervert, to vilify, to fawn at the feet of mammon, and to sell his country and his race for his daily bread. You know it and I know it, and what folly is this toasting an independent press?
We are the tools and vassals of rich men behind the scenes. We are the jumping jacks, they pull the strings and we dance. Our talents, our possibilities and our lives are all the property of other men. We are intellectual prostitutes.”
(Source: Labor’s Untold Story, by Richard O. Boyer and Herbert M. Morais, published by United Electrical, Radio & Machine Workers of America, NY, 1955/1979.)
>>>>>>>>>>>>>>
ORI
hmm, interesting, looks like the greek people lost this round?
Or is it Stigmata square yet?
ORI
http://aadivaahan.wordpress.com/2011/06/30/desiderata/
That's the irony! They would lose no matter what.
Hard to see a scenario under which they would win. What drachmas? Hardly.
and there you have it.
The tantrum orchestrated by the unions will end soon enough. After that will come the reality of life after austerity. The sheeple will have a very simple choice; live with it (which I am betting they will) or get very serious about rebellion.
If they believe they have nothing to lose, as opposed to something to gain, then there could be another chapter to this saga. My guess is that the kleptocrats have left enough on the table to pacify the hords, create the illusion of something to lose, while the sheeple forget about all that has already been lost. We shall see.
Greek philosophy seems to have met with something with which a good tragedy is not supposed to meet, namely, a dull ending.
Karl Marx
Yep, the Blackberries are now ringing in the purses of various and assorted high-end hookers in Kiev and Prague. All of them will be dropping what they are doing, heading to the airport, and boarding a Virgin Atlantic cattle car to JFK.
No need to bring any clothes, they will be naked most of the time anyway, and besides, the David Teppers of the world will be buying them whatever they want at the local clothing and lingerie boutiques.
The Greece crisis is over.
QE2 is done and markets are still going up.
The booze will be flowing.
It's going to be a killer weekend at The Hamptons this weekend.
you display a fascinating envy of whores.
interesting. particularly when combined with your now legendary penis envy.
i have to settle for Jones Beach. Oh well.
Ahh yes, Jones Beach. That was where my first childhood trauma was.
In the public showers I almost stepped in a turd longer than my forearm.
Enjoy your garlic bologna!
LOL
+10 LMAO
visions of Caddy Shack
http://www.youtube.com/watch?v=Th_aBzrV37M
I'll settle for Lido West. It's cheaper.
don't trip on a dead hooker
QE1 ended on 3/31/10. S&P500 peaked several weeks later. Flash Crash on May 6.
Patience.
QE1 had a good earnings season to pass the baton to.
QE2? Not so much.
But I shouldnt underestimate creative accounting.
Look at Groupon lol.
I personally prefer Latvian escorts.
so jealous, so green with envy over what amounts to nothing but vanity.
It made me glad I'm not one of them.
of course most of what the poster known as robottrader writes is little more than the daydreams of a modern day walter mitty.
I'm stuck in Detroit for the weekend. Guess I need to load up on beer.
Rosenberg wrote something the other day that the disconnect between the market and actual economy is "beyond comprehension." I wish someone would copy and paste that.
The market represents the top 30%, the economy represents the bottom 70%.
The Oligarchs are only concerned with the top 30%, hence their emphasis on "market response" for each and every decision they make.
Learn it, know it, live it.
That's a keeper, Lizzy! Spot on.
Rosenberg wrote something the other day that the disconnect between the market and actual economy is "beyond comprehension."
I was wondering if it was a Credit Card Balance instead of a Cash Balance.
That $100m ATM slip is mine. Just saying.
And no it is COMPLETELY NOT PHOTOSHOPPED.
Alleged to be David Tepper's
Land of the Oligarchs, land of bunga-bunga. Its now the ritual : suck the people dry, fukk the hookers wet, and go shake your glass of bubbly at the mega debt, your cocktail to global success. You be uber-alles, happy few, who should hang by his nuts if the world had any guts.
Greeks are just a bunch of pussies.
They deserve being rammed by the pigmen
I see the fucking Pig-Dog Manipulators bitch slapped gold this morning.
I hope each and every manipulators DIES,an horrible traumatic death.
And may Satan greet eveyone of them.
............FUCK YOU ESF CREW(TIMMY AND BENNY)....fUCK Off and die.
In order to trade and make money, guys like Rosenberg need to be ignored. I was short big last week and closed out all my trades when I saw that huge 9 MM block trade go down in XLF. PigMen footprints were everywhere. Gotta stay nimble and let the market tell you what is happening, not the "experts".
As of this morning, the NY Composite just cleared the 50-day EMA and the transports are nearing 3-year highs.
A couple guys I know over at Wall St. Bear chat got destroyed by staying short with huge futures positions.
so you didn't ignore rosenberg when short but you do ignore him when long. and if you do ignore him then how do you know what his opinion is?
so from what you say in this nanosecond you'll never, ever be short again since the bears need to be ignored. guess you can't be nimble afterall since bears must be ignored.
I note that this is actually consistent with what you were saying last week, and not self-aggrandizing. Noted.
curious. respectfully, are you serious? or are you robottrader in disguise? the poster known as robottrader rarely has two posts in a row that are consistent with each other.
The "Debt for Assets" program moves on, coming soon to a country near you!
Tyler: Your jealous that you did not break the ATM receipt story.
Commence the 100 year Greek recession. Commence arbitraging the next tranche of Greek bailout "investments."
Speaking of running a hedge fund with FDIC insurance:
http://www.bloomberg.com/news/2011-06-29/beal-becomes-billionaire-with-fdic-assets-as-he-tops-poker-pros.html
For a banker, Andy Beal is a hot shit.
They are moving all this bad sovereign toxic debt right onto the Greek citizen.
Deceptive betrayal of the Greek populace. Pity....The Greeks have absolutely no idea what they are doing to themselves.
One big sick ass debt slaveorama!!!
We are all up shits creek.
Is there no one in government in the United States, or even the despots in euroland, who knows anything about macro-economics?
Screw your gold, screw your silver, aren't we all heading towards a world where bartering is the only game left?
what shall people know about macroeconomics?
Problem: too much debt.
Solution: more debt.
Problem: weak/absent/corrupt real economy.
Solution: Starvation-Style austerity plus spicy inflation.
It is so simple. Everyone gets it.
+ 100 D-Mark
SO you offer a bankrupt bum a bunch of money, do you think he's going to refuse it?... All showdown in Chinatown!
Tomorrow the economy rides without its training wheels. Weeeeeeeeeee
Way to kick the can 6 more months down the road!
If the Greeks were smart they would set Parliament ablaze right now, with the doors barred from the outside. Roast the pigmen alive inside and then tell the eurozone kindly to fuck off. Claim the entire debt of Greece was ran up by a despotic regime not representative of the people of Greece, and fire up the printing presses going back the the Drachma. 50% haircut? No sir, try 100% Any idiot who loans money knowing that it cannot be paid back should lose that money. Stupidity and Hubris should be painful.
Until people actually start to revolt, nothing will ever change. The top 1% will continue to take advantage of the bottom 99% until the top 1% is running for their very lives.
+1
I like your style
Holy Dog poop. I don't sleep as it stands and when I do get a rare bit of troubled eyes shut, I turn on CNBC and Bloomberg just to make my day right. I wake up to "ALL is OK" we are at a soft patch. I then get up scratch my ass and let my dog to go crap out on the neighbors lawn.( i usually pick it up) I wonder when I will wake up in the real world I must be dreaming, but I see under the lies of the Blowhards that a thin vernier of sweat is forming. Deck chairs rearranged the band plays on and the skipper says that's just a tiny ice berg out there in the dark. Woooot!! long Netflix short reality Kramer told me this.
If I don't laugh I will cry.
Beware of Greek's baring gifts. LOL
Simon Hobbs is an English prick and talks as if he has one of Barney Franks gerbils stuck up his arse! Between him and that Australian "maket" whore their show is now worthless!
US money funds 1/2 of 1.5 Trillion money assets, are in European Banks, with sovereign guarentees, invested in Greece Bunds, worthless at 1/2 off like Florida Vegas Real estate
what do they call this,
kicking the "Fanny Euro Trash
as old by the Whore Banksters...? as everyone runs to
Switzerland francs....
US Spreading the tax and schtimulus the Manure next?
wheres barney, christina, berflunky, peterout, foolsbey, big summers, swervstein and the 12 dwarves running to, ? the colleges. ...TEACH.
Come come my friends..if this hasn't been discussed in detail on Bloomberg or CNBC then it's probably not that big a deal.
muahahahahah!!
http://www.aintmymedia.com/
they can pass all the bills they want but they will never pay them
>>>
...would set Parliament ablaze...
<<<
If the Greeks set a lot of buildings alight (and it makes German TV), Merkel would veto any German money, which would terminate the Greek bailout.