This page has been archived and commenting is disabled.
Watch The Greek Parliamentary Debate And The Vote Of Confidence Live
In a previous thread readers can watch what is happening on the square in front of the parliament, which for now is secondary and will likely be determined by the outcome of the G-Pap vote of confidence due in just over an hour. Readers who wish to watch the ongoing debate in the Greek parliament can do so at the following link. Currently Samaras, the leader of the opposition is speaking. The real fun should begin in about 40 minutes. After the vote passes successfully, we suggest you switch back to the outside camera.
The Al Jazeera stream is running a live translation:
»
- 16437 reads
- Printer-friendly version
- Send to friend
- advertisements -
following this drinking fine scotch while my short positions get the shit beat out of them on low volume...
Knowing what is likely to happen is one thing, knowing when it may happen is another.
As one burned on shortz to another, I wish you the best but humbly suggest shorting any longer is the fastest way to make a small fortune (assuming you had a large fortune to begin with).
I got creamed for 3 years trying to short the markets. Even when I knew I was right I would get crushed by some emergency Fed bull$hit or other. Finally, I followed Einstein's advice and stopped doing the same thing over and over. I removed the ability to trade options from my account. I sleep better and feel better. My alcohol consumption is still sky high but that has nothing to do with stress levels.
yeah not sleeping well... drinking alot... but my pain threshold is pretty low... I think I'd tap out ~down 10% ish, and I've been 50% in cash anyway... backup plan invest long-term in good scotch, popular caliber PMs, and storable food
Got blown out on the short side as well. Should have seen it coming with that ridiculous Euro/USD rally monday, and 3 tepid days of growth for Bulls to consolidate their position on the SPX. Still shorting Financials and the EEM.
I'll have one with ya, an Osama Bin Laden. That's 2 shots and a splash of water.
I junked you because it's funny. I'll use that one myself if you'll permit.
Don't you have to let the drink sit and age for 10 years before enjoying it?
Yup , but we had OBL in an oak casket for the last 10 - hope it was sherry oak.
The 10 year vintage has a less than refined, oily taste that ends with a bitter finish. It should be interesting to revisit this drink in 2020.
Please feel free.
I shall be joining you in that effort.
hang 'em, burn 'em, or skewer them all!
If you're volunteering, could I suggest you start on Wall Street!
one step at a time dear Jedi...start at the tentacles and work your way to the heart....
Broad Street
so, the choices are:
bend over and be raped by bankers and then be hung by the mob.
or.....tell the bankers to fuck off.
doesnt really seem like a tough choice to me. isnt this why ben gave europe $750 billion?
Don't bite the hands that feed you. Why else would they take sides against their countrymen?
Language Translation
kinda glad i learned sign language myself as well. Thank God for the American with Disabilities Act. I must say they have the finest mustaches in Greece.
http://www.youtube.com/watch?v=3aYzmo6JwtU&feature=player_detailpage
all greek to me
Right now Antonis Samara, the 'opposition' leader, is explaining why Greeks should let Banksters rape them ...
lots of rhetoric and no substance ...
bye bye Greece!!
Bobby Knight to the Greeks, "just lay back and enjoy".
Too bad this is more like Jodie Foster on a pinball machine.
All this fuss over one little island... shows how bad the world economy is when there is so much concern over this little non-economy.
The ONLY relevant economic situation in the world is 1 tiny island....just shows how completely insane it all is.
Then what will it be tomorrow?
Iceland? Ireland? Greece? Japan?
Which of these is bankrupt and isn't an island?
If you are going to be bankrupt, which would you choose to enjoy your insovlency within? Hint, the non-island w/ lotsa islands.
"All this fuss over one little island"
How about Manhattan? Talk about out of whack. Just think what this little island has done to the world.
The Greek Eco is pretty much based on tourism, people overthere don't really spend all that much on consumption, its really tough overthere, people that work for govt positions like santiation etc... a good portion of them have been working for years and haven't seen a pay check in 6 months, but they keep working for free because they are afraid of lossing the job that they do have.
They selectively choose who to pay, pretty much you need to know someone in government to earn a paycheck for 60-70% of greece.
They got stuck with the Euro, which killed their tourism because of the horrible exchange rates, and then they lost their ability to print their way out of debts.
The only difference between the USA and Greece is that that USA can still Print its way out of a jam, and Greece has to rely on others to print (inflate the currancy) to pay off their obligations.
Its impossible for this system to work for greece, they need to leave the Euro and just default, once they can print their own money their economy will boom.
it passes... bank fires in Athens commence... any takers?
Oh, come on. Nothing will happen. They are not French.
The guy with the ouzo stand will make a fortune tonight.
Haha, if they pass it, I guarantee Riots, and burning buildings.
Hell the parlament building might not even be left standing when 50,000 people get pissed off right infront of it.
Just listen ten more minutes to this Papasmurfeo dude and I swear you'll start to cry for Greece, even the translator on ALJ sounds like he is crying like a little baby. Who in their right mind could start a riot after listening to this speech - they should run a Papashow before every possible riot as a form of preventing riots - he'll probably could end the Mexican drug war with such a speech - come on, if you don't vote in favour of the EU bailout plan, little babies will die in the streets and hookers will turn down GS employees...come on...it would be apocalyptic. And I'll probably would really need to restart the old Panther tank to invade the ECB headquarter in Frankfurt...
See - just a bunch of pissed Greeks standing peacefully in front of their parliament and waving angrily their laser pointers. And I don't blame them for that. They just have to adapt.
But I agree with you on one thing - let them default, let them go out of the EU...
The markets sure are convinced this vote will be positive!
It will be ... just look at the debate ....
the usual dog and pony show!
Then what?
What'ya think the half-life of this latest charade is? week?
Depends... what horrible reality show is on tonight?
I'm holding out for a show that makes skinny people really fat in a year.
I'd watch that.
It's called SNAP TV.
Burbank and Studio City need more thinkers like you!
Im waiting for a show that pays homeless people to rip out their own teeth or self mutilate. You know its just a matter of time. Jackass was just the warm up.
That'll be my cue to move under a rock ive had my eye on.
http://en.wikipedia.org/wiki/Bumfights
The view of a positive outcome depends on the perspective from where one stands.
Did you BTFD?
No need, I no longer bother selling.
If folks haven't figured it out by now, not sure they ever will.
He'll vote against it the first time but then on the "real vote" he'll vote for it...Great meme he can then get into of he was against before he was for it. Cake and eat it too.
Wow theres sure been a lot of eating for a couple years on that cake theyre holding.
Nothing like hoping to make money at someone else's expense.
Or should I tone it down and simply say, nothing like cheering when someone's hurting?
Or should I try and be objective and recognize your solidarity with the downtrodden?
Man, that kind of introspection just doesn't fit here. I've got to get with it.
Default Bitchez!
Serves those lazy Greek bums right!
Can you say projection? I like the way you say projection.
Have I lost you? Don't worry, be happy. Party on Garth.
The guy speaking now is Theodoros Pangalos, socialist party. He is the one who demanded reparations from Germany for the war crimes committed during World War II instead of the austerity program demanded by EU banks.
He was caught stating that Greeks are lazy and Turks are hard workers while on an official visit to Turkey where he was supposed to be promoting Greek banks investing in Turkey.
he was referring to the hotel maids.
So, they've been gunning the market higher as a crash pad? I sure as hell wouldn't doubt it.
I've seen plenty of horseshit manipulation over the last two years. But this 'grand finale' shit is over-the-top. At some point, they'll have to fold up the circus tent and leave town. Because this shit show is beyond belief now.
This show is ridiculous and the audience is throwing stuff at the screen. LOOK everyone, be mesmerized by Greece and the daily 'fixed or isnt fixed' puppet show...meanwhile back home USA is $14 trillion in debt and needs to borrow far more and no one is lending. No problem, lets fixate the entire clownshow on Portugal or something next!
Now hold on a second, I for one enjoy the previews when I go to tragicomedy movies.
Someday soon "they" are gonna find the can won't budge when kicked - maybe even busts a toe or two.
Contrary to popular belief, they're kicking it down a dead end alley, not a road.
Barroso is hard at work to get a plan 1 Billion euros plan approved for job-creation in Greece ...
Get those shovels ready!
It all looks good now but we all know Summer lovin wasn't how it ended.
one dies, one is sad, one is gay and one becomes the presidents wife.
Ended with Greeced Lightnin' wrapped around a telephone pole!
+4
That's where I had seen her before. Damn thanks lizzy.
RIP Jeff Conaway
These politicos and financial criminals really have it down pat now, it's almost so tricky it's genius (well not really): have a vote and regardless of market expectations have it around the same time that any dip in the euro (and synthetically /es) will be bought by the chinese who have nothing better to do with their worthless fiat then to prop up insolvent systems around the world-- for being so smart I thought the chinese would realize their economic dominance doesn't have to come at being the true lender of last resort, but in this centrally planned world it just goes to show that smart is dumb and less bad is good.
Or maybe theyre not so dumb. I just read an article a few days ago talking about how China and Russia are working on their own world order and its not the some one envisioned by the World Bank, IMF, or Bildergurgs at all.
China buying up debt, theyll be the ones calling the shots.
i think chinese premier going to Greece tomorrow... go figure...
I'm picturing his head floating around on the TV screen as the camera pans across the Greek country and seaside, a la the old Wheel of Fortune shopping round. "Ooo - I'rr take the Acroporis!"
A risk to be aware of out there, but in the end a default wipes everyone out-- Russia was said to have been dumping treasuries maybe they're getting wise to the ponzi.
BENCH BRAWL COMING!!
What a bunch of F@ckers!
EU die allready
I hope Papandreou can dodge shoes like Bush..lol
What happens if, after the yes vote, the mob drags their traitors out in the street and hang 'em? That'd make things intresting, no?
Crowd already seems thinned out. Tonight they rest, tomorrow they stand in the street and scream NO to a bunch of deaf politicians. If this show of people should teach us anything is that this protesting in front of our masters, at least as of now, doesn't seem to push things in the direction of the people.
There has to be a better way. No?
Opposition walks out!
Its all falling apart in the greek parlament... touch and go, they are just barely keeping the parlement from rioting, never mind the people outside lol..
Me thinks that at some point, they will prove that the bailout is necessary to fight climate change.
I can't understand anything but they are yelling at each other. opposition seems to be walking out?
Can't understand a damn word of it, but it sounds interesting. CSPAN would be a lot more fun if we had less decorum and more shouting like the House of Commons, and apparently the Greek parliment.
I don't understand a word of it either.
What's the expression? Oh yeah...
It's Greek to me.
You don't need to understand a word they say. Just watch a EUR/USD tick chart.
King Dolar ?
The way I see it:
If the vote fails, king dollar rises.
If the vote passes, the citizens set the building on fire and then king dollar rises.
Perhaps if the atmosphere were indeed more like a Jerry Springer show up on Capital Hill the people would pay more attention?
Either those two men on the opposition bench are too fat to get up or want their political careers terminated.
Half of em seem to have just walked out, no vote? Heh heh....good luck with that 1.46 Euro long you were crowing to me about earlier Greenie.
might have been a smoke break
Poli's thought of leaving but realized they are far safer in the parliament than among those in the square.
There was a rumor someone was giving out blowjobs in the lobby.
he is collecting on the S&P move ...
Notice how the MSM barely acknowledges this story....you'd think the first fucking dominoe would rate.
With a population focused on searching terms like this - http://www.google.com/trends - the MSM knows its audience. Bhahahahahaaaaa
But... but... Michelle Obama is in South Africa...
The people in Syntagma Square need to make sure that the members of this Parliament pay as much for this vote as they do...
They're getting fatter and fatter, these speakers!
Jabba the Hutt is up next...
Current speaker is personally offering to devour all the Greek debt - thinks it tastes like chicken.
G-Pap is up now. Less than one minute before banging on the podium. Tough guy.
Jabba is immune to mind tricks. Couldnt be a politician.
the 1min EURUSD just makes dojis, I think this expresses the discussion and its outcome quite well.
So they deemed Greece 'all is well' this morning and gunned the stawk markets, when really nothing could be further from the truth. Real nice, Wall St criminal cabal. Well good luck Euro longs, looks like youll need plenty.
The previous speaker was Georgios Karatzaferi, an an extremist far-right, xenophobic and chauvinist mother-fucker!
Now Evangelos Venizelos is speaking.
Currencies and metals didn't do much today.
But some big buyers showed up to buy a lot of stocks today. Somebody is frontrunning the news.
disclaimer: it was not me ...
Once the opposition walked out, all they're doing is selling the shit to the people outside ...
Quench your thirst ... here's your koolaid!
What we're watching is significant history, men!
Regardless of the outcome of this moot vote, the rejection of the EU by Greeks is just the beginning in the inevitable domino sequence about to play out, as any rational person living in what we now know as the European Union realizes with certainty (assuming they hadn't yet) that they signed a deal with the devil when their politicians attempted to sell their very sovereignty into the hands of the money changers at the ECB.
The problem the money changers and global banking cabal have has just begun. You can't sell sovereignty without people ultimately realizing it's slavery, and people always ultimately awaken to the fact that they've been enslaved.
Greeks, Irish, Portuguese, Spaniards, Italians, and on and on.
Let the games begin.
Coming soon to what many view as the 'apathetic' United States sooner than many believe possible...
The fat fuck talking now looks like Greeces answer to Bwarnee Fwank. He would fall over dead from heart attack before any mob had to chase him far.
For those who dont speak Greek, let me translate:
"Blah Blah Blah.. end of the world... Blah Blah selling off a few temples aint so bad. Blah...Its either the bankers way or implosion...Blah Blah....its not our fault....we hate doing this but have no choice....Blah Blah manna wil rain from heaven if we submit, we will be back stronger than ever....Blah Blah...its only temporay....Blah Blah...only a few hotheads are protesting, most Greeks agree with us.....Did I mention mutally assured destruction if billionaire bondholders only make 12 percent instead of 18 percent? Blah Blah...we really hate to sell Greece out, but its the right thing and we are so Goddamn noble....Blah Blah...9/11....9/11...MAD....MAD....Blah Blah ...cmon, we are only one more bailout from prosperity, we have come too far to go back....Blah Blah (ad infinitum)
Pretty much the same speech for invading countries or bailing out banks and corporations...Spread lies and fear, ignore the people and enrich the connected.
+1
GAH...lost my feed. Buffering like watching porn in the mid 90s on a 56k modem!
I remember being a teenager in the mid 90's downloading singular photos and waiting 15 minutes for one image to slowly appear...wow were those the days. Then Mom would pick up the phone to call someone I would get knocked off and I was stuck with half an image of a fake Sheryl Crow picture.
OOPS! double post deleted.
It is no accident that the cartels chose Greece to be the battleground.
Greece was the birthplace of democracy.
It sends a powerful message if they can also make it the place democracy died.
Sell your nation and your sovreignty to the banks, or default and do it on your own?
Only one right answer if you want to remain a sovreign nation.
in my humble opinion, perhaps, because it is small, easy to manage, no natural resources to fall on (also, perfect timing - tourism season; w/ all the bad press tourism will be a casualty one way or the other - so, whats left?)
easy, small target; experience that could be duplicated in bigger countries as the crisis moves on ...
If I had a beer to be cracking open, now would have been a good time to do so.
Samaras is saying:
I think it was more like. "Fuskos!! Austeritos wil no workos!!! motheros fuckoros papadobolos!!" or something like that...
Ahh... Papa on the mike
they just have clap
my engish,it is not so goood.
oh, now man who is meen say something like shit
now many have clap again
now Pappy say something, wait for clap
Papandreus replies:
Greek Parliament To Hold Confidence Vote For Political Leadership In Greece
Greece's Parliament is expected to take a confidence vote on the country's political leadership at around 5 p.m. EDT Tuesday. The vote will not only decide the fate of Greek Prime Minister George Papandreou; it will influence the fate of the European Union and the U.S. economic recovery.
Thank you very much.
So far he's long on promises about how the future will be different as soon as he gets some more money.
I doubt this guy could get a bank loan with this speech... of course bailouts may be different
Thanks for the live Al Jazeera Ty.
I love Paps, " Nobody will go unpunished"
Aside from the bond holders.
As usual, the fate of Western Civilization hangs in the balance, based on what a couple of Plutocrats are going to say or not say today and tomorrow.
The Bernank opens up his pie hole tomorrow, no wonder crude oil got sold and gold was capped despite mining stocks up 3% - 6%.
Defending that 1550 line in gold pretty heavily.
Gold 'capped' right at all time highs, fukwad.
If they didn't pass it - can you imagine!
Oh please save us! Please Big Government save us!
Oh please save us lord Jesus.
Fill these fukin pot holes while yer at it.
http://english.aljazeera.net/watch_now/
Oh please save us! Please Big Government save us!
He is promising to help the weird looking audience in the pits if the voters throw them out? Zeus baby! Hercules ought to show up shortly to wrestle the parliament for control.
Just watched a sick-making interview on Dutch TV with a dutch representative of the large corporations. I missed his name and company because I switched channels but this was the message;
the problem is all about debt, the Euro has nothing to do with it
I was waiting for some real questions from the interviewer like;
- did the corporations profit from the introduction of the euro because then it was profiled to be good for business?
- What did you do with the profits and how did the outsourcing/profits evolve in comparison with smaller business inside europe?
- How did you take profit of having a strong world currency to grow the corporations?
- Whas it also about privatizing everything the people have been paying for in the previous decades?
- isn't it obvious that all profits have been taken by few people and the most have been put into debt and their investments and savings were somewhere floating in this misty monetary system and for sure are taking water now?
etc.
Where are the questions?
I've been waiting for any interviewer to ask Big O or Geithner or Bernanke the following -
If two identical trains called debt and GDP leave NYC for Portland, OR and one is growing 4x's as fast as the other...and the faster the DEBT train goes the more it slows the GDP train...how the fuck can the GDP train overtake the fast train and then go 2x's as fast to allow the retirement of some of the debt trains work???...How can debt growing at 10% and GDP growing at 2.5% (both of equivelant size) work out (and you need to answer the question within a 10yr horizon...no more bending the curve 50yrs from now bullshit)? What bout those unfunded liabilities (if you don't fund them, it's unfunded future growth), if you fund 'em is either taxation through the roof or inflation through the roof...or both.
Like most clueless and out of touch dictators, he manipulates the truth and reality only to further his cause to sell his fellow country-men into the hands of his banking masters. Debt to solve debt doesn't work-- it's basic and simple, but somehow he thinks they can continue to get away with economic genocide.
I thought US politicians were bad with the blathering pablum. Yikes, unless there is something lost in translation, these guys are even better at meaningless speak then their American rivals.
Did Pap just say, "We have to face facts." Really? If he just said that, then that is a first. Hmmm...would have thought the Euro would have registered that revelation. Must have been filtered out by the HFT algo's as
<cntrl preposterous del + buy NFLX = jobs/reset/ continue long Euro fiat>
Did Pap just say, "The last thing the country needs now is elections." Seriously? Did he get that drift when he was outside on his smoke break?
...and there goes the euro...its first little ding...
When everything else fails ... talk about meaningless historical facts!
He's more concerned with not letting down an insolvent system rather than helping his fellow countrymen-- what a traitor and scumsucker.
does anyone know Greek sign language?
http://english.aljazeera.net/watch_now/
He's more concerned with not letting down an insolvent system rather than helping his fellow countrymen-- what a traitor and scumsucker.
+1
He's more concerned with not letting down an insolvent system rather than helping his fellow countrymen-- what a traitor and scumsucker.
+2