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Watch The Greek Parliamentary Debate And The Vote Of Confidence Live

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Tue, 06/21/2011 - 15:56 | 1389969 statlawyer
statlawyer's picture

following this drinking fine scotch while my short positions get the shit beat out of them on low volume...

Tue, 06/21/2011 - 16:05 | 1389989 hambone
hambone's picture

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). 

Tue, 06/21/2011 - 16:28 | 1390107 WestVillageIdiot
WestVillageIdiot's picture

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.

Tue, 06/21/2011 - 16:44 | 1390175 statlawyer
statlawyer's picture

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

Tue, 06/21/2011 - 16:48 | 1390188 a_ext
a_ext's picture

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.

 

Tue, 06/21/2011 - 16:02 | 1389990 Cheesy Bastard
Cheesy Bastard's picture

I'll have one with ya, an Osama Bin Laden.  That's 2 shots and a splash of water.

Tue, 06/21/2011 - 16:33 | 1390129 mick
mick's picture

I junked you because it's funny.  I'll use that one myself if you'll permit.

Tue, 06/21/2011 - 16:39 | 1390148 WestVillageIdiot
WestVillageIdiot's picture

Don't you have to let the drink sit and age for 10 years before enjoying it?

Tue, 06/21/2011 - 17:21 | 1390336 equity_momo
equity_momo's picture

Yup , but we had OBL in an oak casket for the last 10 - hope it was sherry oak.

Tue, 06/21/2011 - 21:03 | 1390828 konputa
konputa's picture

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.

Tue, 06/21/2011 - 16:48 | 1390176 Cheesy Bastard
Cheesy Bastard's picture

Please feel free.

Tue, 06/21/2011 - 16:02 | 1389992 Cdad
Cdad's picture

I shall be joining you in that effort.

Tue, 06/21/2011 - 15:56 | 1389970 Xibalba
Xibalba's picture

hang 'em, burn 'em, or skewer them all!

Tue, 06/21/2011 - 16:04 | 1389988 SRV - ES339
SRV - ES339's picture

If you're volunteering, could I suggest you start on Wall Street!

Tue, 06/21/2011 - 16:08 | 1390006 Xibalba
Xibalba's picture

one step at a time dear Jedi...start at the tentacles and work your way to the heart....

Tue, 06/21/2011 - 16:29 | 1390115 WestVillageIdiot
WestVillageIdiot's picture

Broad Street

Tue, 06/21/2011 - 16:00 | 1389982 101 years and c...
101 years and counting's picture

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?

Tue, 06/21/2011 - 16:29 | 1390096 Id fight Gandhi
Id fight Gandhi's picture

Don't bite the hands that feed you. Why else would they take sides against their countrymen?

Tue, 06/21/2011 - 16:05 | 1389993 Atomizer
Tue, 06/21/2011 - 16:13 | 1390030 disabledvet
disabledvet's picture

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

Tue, 06/21/2011 - 16:02 | 1389994 citta vritti
citta vritti's picture

all greek to me

Tue, 06/21/2011 - 16:02 | 1389995 IdioTsincracY
IdioTsincracY's picture

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!!

Tue, 06/21/2011 - 16:35 | 1390124 WestVillageIdiot
WestVillageIdiot's picture

Bobby Knight to the Greeks, "just lay back and enjoy". 

Too bad this is more like Jodie Foster on a pinball machine.

Tue, 06/21/2011 - 16:06 | 1389996 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

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.

Tue, 06/21/2011 - 16:09 | 1390014 SheepDog-One
SheepDog-One's picture

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?

Tue, 06/21/2011 - 16:11 | 1390021 hambone
hambone's picture

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.

Tue, 06/21/2011 - 16:37 | 1390130 WestVillageIdiot
WestVillageIdiot's picture

"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.

Tue, 06/21/2011 - 16:38 | 1390143 Dre4dwolf
Dre4dwolf's picture

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.

 

Tue, 06/21/2011 - 16:03 | 1389999 GeneMarchbanks
GeneMarchbanks's picture

it passes... bank fires in Athens commence... any takers?

Tue, 06/21/2011 - 16:12 | 1390026 PY-129-20
PY-129-20's picture

Oh, come on. Nothing will happen. They are not French.

Tue, 06/21/2011 - 16:38 | 1390144 WestVillageIdiot
WestVillageIdiot's picture

The guy with the ouzo stand will make a fortune tonight.

Tue, 06/21/2011 - 16:45 | 1390169 Dre4dwolf
Dre4dwolf's picture

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.

Tue, 06/21/2011 - 17:23 | 1390341 PY-129-20
PY-129-20's picture

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...

Tue, 06/21/2011 - 18:55 | 1390650 PY-129-20
PY-129-20's picture

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...

Tue, 06/21/2011 - 16:04 | 1390004 Eireann go Brach
Eireann go Brach's picture

The markets sure are convinced this vote will be positive!

Tue, 06/21/2011 - 16:10 | 1390017 IdioTsincracY
IdioTsincracY's picture

It will be ... just look at the debate ....

the usual dog and pony show!

Tue, 06/21/2011 - 16:06 | 1390019 SheepDog-One
SheepDog-One's picture

Then what?

Tue, 06/21/2011 - 16:10 | 1390034 treemagnet
treemagnet's picture

What'ya think the half-life of this latest charade is? week?

Tue, 06/21/2011 - 16:12 | 1390043 Deepskyy
Deepskyy's picture

Depends... what horrible reality show is on tonight?

 

Tue, 06/21/2011 - 16:15 | 1390052 treemagnet
treemagnet's picture

I'm holding out for a show that makes skinny people really fat in a year.

Tue, 06/21/2011 - 16:24 | 1390086 RichardENixon
RichardENixon's picture

I'd watch that.

Tue, 06/21/2011 - 16:42 | 1390159 WestVillageIdiot
WestVillageIdiot's picture

It's called SNAP TV. 

 

Tue, 06/21/2011 - 16:55 | 1390203 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Burbank and Studio City need more thinkers like you!

Tue, 06/21/2011 - 17:27 | 1390352 equity_momo
equity_momo's picture

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.

Tue, 06/21/2011 - 16:12 | 1390025 Dr. Richard Head
Dr. Richard Head's picture

The view of a positive outcome depends on the perspective from where one stands. 

Tue, 06/21/2011 - 16:05 | 1390009 10kby2k
10kby2k's picture

Did you BTFD?

Tue, 06/21/2011 - 16:10 | 1390033 hambone
hambone's picture

No need, I no longer bother selling. 

If folks haven't figured it out by now, not sure they ever will.

Tue, 06/21/2011 - 16:12 | 1390042 hambone
hambone's picture

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.

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