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Berlusconi's Back With A New Grand Plan?

Tyler Durden's picture




 

Presented with little comment as the populist media mogul steps back into the European political landscape with these little beauties:

  • *BERLUSCONI SAYS EURO A `SCAM' WITHOUT CENTRAL BANK BACKING IT
  • *BERLUSCONI SAYS GERMANY LEAVING EURO WOULDN'T BE A TRAGEDY
  • *BERLUSCONI: BAILOUT CONDITIONS WOULD LEAD ECONOMY TO COLLAPSE
  • *BERLUSCONI SAYS ITALY RISKS HEADING TOWARD 'ENDLESS CRISIS'

It appears he has a new plan then - Allow Germany to leave; and let the rest of the broke insolvent European countries print themselves to socialist utopia. Vote Bunga...

 

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Thu, 09/27/2012 - 13:18 | 2835939 bank guy in Brussels
bank guy in Brussels's picture

Berlusconi, bitchez!

Thu, 09/27/2012 - 13:21 | 2835959 CPL
CPL's picture

The irony is a Central bank of Europe has as much business being there as he does as an un-elected civil servant spouting horseshit.

 

I think that should be added to the article.  The Un-elected EU Civil Servant shoudl be synonymous with Berlusconi

Thu, 09/27/2012 - 13:30 | 2835995 Roger O. Thornhill
Roger O. Thornhill's picture

I almost spit up my coffee! Are you sure Mr. B isn't working for onion news?

Can't make this stuff up!

Thu, 09/27/2012 - 13:38 | 2836018 Nothing To See Here
Nothing To See Here's picture

And I find myself starting to think that Berlusconi was set up and blackmailed by TPTB. Still, I'd like to be invited to one of his partys.

Thu, 09/27/2012 - 13:52 | 2836062 Precious
Precious's picture

The new plan is like the old plan only different.  Anyway, it's meaningless.

The globalists power structure and ambitions are falling apart before their eyes.

http://www.ft.com/cms/s/0/bad90798-07f4-11e2-9df2-00144feabdc0.html

The elitists can't even get laid by a housekeeper anymore.  It's enough to make a grown man cry.  

Thu, 09/27/2012 - 13:52 | 2836077 redpill
redpill's picture

Hide your bridesmaids!! BUNGA BUNGA

Thu, 09/27/2012 - 13:56 | 2836090 BaBaBouy
BaBaBouy's picture

Lots Of Bunga Bunga Will Save Italy, And The Euro Too...

Thu, 09/27/2012 - 14:20 | 2836199 Newsboy
Newsboy's picture

It's the same as the "second best" option that George Soros revealed within the last month. "First best" being for Germany to pay everybody's bills, of course.

Thu, 09/27/2012 - 13:53 | 2836067 BaBaBouy
BaBaBouy's picture

For Once, This Fecker

Is Telling It Like It Is ...

...Amid A Short Break Between His Bunga-Bungas...

Thu, 09/27/2012 - 13:43 | 2836044 CPL
CPL's picture

It has become that surreal hasn't it?

 

He has as much say about the direction of Europe as a third shift burger cook has to say about the development of solid booster stage rocket fuel.

 

Mind = blown anytime that jackass opens his mouth.  I agree though his parties would be off the hook.

Thu, 09/27/2012 - 15:50 | 2836524 mkkby
mkkby's picture

It's really simple -- Germany must choose between leaving and paying everyone else's bills in perpetuity. 

If they leave, they alone will prosper and in 30 years time will probably re-conquer their broke-assed socialist neighbors.

If they stay, in 30 years they'll be spain and greece, only with better beer.

Thu, 09/27/2012 - 21:00 | 2837299 mjcOH1
mjcOH1's picture

They'll be epic now with the arbitrage play in rates for Italian vs Greek bunga bunga girls.

Thu, 09/27/2012 - 13:23 | 2835967 Unprepared
Unprepared's picture

Berlussolini, bitchez

Thu, 09/27/2012 - 13:31 | 2836001 CPL
CPL's picture

No no, Mussolini actually got elected on his political platform. Berlusconi is a classic example of a pretender

Thu, 09/27/2012 - 13:45 | 2836050 old naughty
old naughty's picture

Another Mario! Or, a re-NEW-ed Mario.

Thu, 09/27/2012 - 13:43 | 2836036 EvlTheCat
EvlTheCat's picture

Wow can't insult bouncing dead cats, but throwing insults in reference to disgruntled women is ok?

Don't you guys have a fine for that also?

Thu, 09/27/2012 - 13:58 | 2836100 Stoploss
Stoploss's picture

Bunga, bunga!!

Thu, 09/27/2012 - 13:18 | 2835940 LULZBank
LULZBank's picture

Berlusconi going honest Bitchezz!!!

Thu, 09/27/2012 - 13:25 | 2835977 pods
pods's picture

Shut up, you had me at scam!

Thu, 09/27/2012 - 13:18 | 2835942 sockratte
sockratte's picture

good idea, kicking out the only solvent country ;)

Thu, 09/27/2012 - 21:06 | 2837311 mjcOH1
mjcOH1's picture

Sort of like a drunken teenager saying it'd be just fine for mom and dad to get out of the house.

Somebody's going to get face-planted.

Fri, 09/28/2012 - 01:12 | 2837740 bankruptcylawyer
bankruptcylawyer's picture

it's actually an excellent idea. let germany leave., the euro can inflate itself into a hyperinflation and then after europe financially implodes, the germans can reconquer europe and finally get america to agree to them building their own nuclear weaponry. 

it's about time. the only way we are going to finally put wwII behind us is when we start preparing for ww3. 

 

 

 

Thu, 09/27/2012 - 13:20 | 2835944 Beam Me Up Scotty
Beam Me Up Scotty's picture

Death or bunga bunga: Death

Death or bunga bunga: Death

Death or bunga bunga:Bunga Bunga.............................Death by bunga bunga

Thu, 09/27/2012 - 13:39 | 2836025 CPL
CPL's picture

Death by snu snu.

Thu, 09/27/2012 - 13:20 | 2835947 orkneylad
orkneylad's picture

"Berlusconi is a genius"

Umberto Eco

 

I ain't gonna argue with him

Thu, 09/27/2012 - 13:24 | 2835948 hedgeless_horseman
hedgeless_horseman's picture

 

 

  • *BERLUSCONI APPROVES OF EURO BABES BONDS WITH MATURITIES <18 YEARS
Thu, 09/27/2012 - 13:26 | 2835982 Unprepared
Unprepared's picture

 

 

*BERLUSCONI SAYS MOROCCAN WEED & PUSSY IS THE BEST

Thu, 09/27/2012 - 14:08 | 2836146 kaiserhoff
kaiserhoff's picture

Did we ever really doubt it?  They have centuries of experience.

I have to admit, the older I get, the harder it is to spot the hookers, as opposed to all the other chicks who rent by the hour.

Thu, 09/27/2012 - 13:21 | 2835953 Bastiat
Bastiat's picture

Monetary bunga!

 

Thu, 09/27/2012 - 13:21 | 2835958 HD
HD's picture

The man is like a cockroach - but in a good way...

Thu, 09/27/2012 - 13:47 | 2836058 ParkAveFlasher
ParkAveFlasher's picture

You can't deny the man has charisma.  That's what makes him most dangerous. 

That, and his limitless supply of coke, hgh, and designer viagra.

Thu, 09/27/2012 - 13:22 | 2835960 BigDeuceLittleToilet
BigDeuceLittleToilet's picture

Bullish. Forward!!! avanti!!!!

Thu, 09/27/2012 - 14:16 | 2836177 kaiserhoff
kaiserhoff's picture

Siempre Adelante!  But where did that get the conquistadors?

 

Poosh, Poosh, in the Boosh.

Thu, 09/27/2012 - 13:22 | 2835962 ziggy59
ziggy59's picture

Seriously, how is it these FONs (freaks of nature) are allowed to get recycled? 50 years of recycling crap and corruption has brought us to todays shitstorm.

Thu, 09/27/2012 - 13:24 | 2835970 helping_friendl...
helping_friendly_book's picture

He's chilling with Corzine  where they are Going :bunga bunga!

Thu, 09/27/2012 - 13:24 | 2835975 OhMy
OhMy's picture

ZH clueless again: hyperinflation ALWAYS happened under fixed exchange rates (gold standard) or when productivity collapsed (Zimbabwe) or when the coutry was imposed unpayable debts (Weimar). Nothing eg. happened to Argentina when it dropped the peg. It is crazy that Berlusconi is right here: any country and the Eurozone needs a central bank that finances it, anything else leads to a deflationary collapse. Vide the Great Depression - the countries that left gold standard first did the best. 

Thu, 09/27/2012 - 13:31 | 2835999 akak
akak's picture

 

Nothing eg. happened to Argentina when it dropped the peg.

No, "nothing happened" during the Argentinian currency crisis of 2001-2002 --- "nothing" except a 75% devaluation of the currency and people's savings, and a massive depression which threw half the population into grinding poverty.

Just who is the clueless one here?

Thu, 09/27/2012 - 13:34 | 2836009 OhMy
OhMy's picture

Yep, inflation happened because Argentina was trying to defend the idiotic peg. It never works.

 

So you are the clueless here.

Thu, 09/27/2012 - 13:43 | 2836042 akak
akak's picture

So let me see if I understand your argument: 400% inflation and financial and economic collapse = "nothing".

Oh my.

Thu, 09/27/2012 - 13:48 | 2836066 MsCreant
MsCreant's picture

Thus the screen name, yeah I thought so myself.

Thu, 09/27/2012 - 13:54 | 2836081 TNTARG
TNTARG's picture

We started to be much better after the default and the drop of the peg. Look at our fundamentals since 2003. I'ts been almost ten years now. Bad for Tango-bonds holders and so, good for the people. Just empirics, pal, trust me.

Thu, 09/27/2012 - 14:04 | 2836123 OhMy
OhMy's picture

akak, I see you have trouble following. The inflation was the real cost of following the polcicies ZH supports. Got it now? You never want to have a peg to anything  (like gold or dollar) and you never want to use foreign currency (liek the Eurozone countries do), so Berlusconi is right: Eurozone has to disband or the ECB has to start financing deficits just like the Fed does. 

Thu, 09/27/2012 - 19:59 | 2837184 TWSceptic
TWSceptic's picture

Buy gold or prepare anus.

Thu, 09/27/2012 - 13:35 | 2836012 Kaiser Sousa
Kaiser Sousa's picture

"Just who is the clueless one here?"

 

MDB's brother from another mother....maybe??

Thu, 09/27/2012 - 13:59 | 2836110 donsluck
donsluck's picture

Dear Ohmy, "fixed exchange rates" are not the answer, they are based on a reserve currency being used as a peg. The real issue is the currency itself. Under the original US Constitution, there is no (paper) currency, only coins. Today that 1 oz gold coin would be worth $1,800 and that silver dime will buy a gallon of gas. No need for paper. Banks did their lending based on receivables of reputable companies. That's right, reputable.

Thu, 09/27/2012 - 13:30 | 2835990 Waterfallsparkles
Waterfallsparkles's picture

Just wish we in America could opt out of paying for all of the people on Welfare and insolvent Banks in our own Country.

Thu, 09/27/2012 - 13:41 | 2836037 MsCreant
MsCreant's picture

I bet if we dumped the banker welfare queens we could support the other ones just fine. And gradually there would be fewer of them as real jobs were created because moral hazard and malinvestment would not chase good money away any more. I'm not saying things would be solved, but these big bastards failing, breaking up, and reforming small local companies would go a loooong way towards some healing.

Thu, 09/27/2012 - 14:05 | 2836130 Careless Whisper
Careless Whisper's picture

banker welfare queens

+1 googolplex

 

 

 

Thu, 09/27/2012 - 13:30 | 2835993 buzzsaw99
buzzsaw99's picture

italy is giving germany the boot. extra lulz

Thu, 09/27/2012 - 13:44 | 2836045 MsCreant
MsCreant's picture

Will Germany give Italy Das Boot, in response?

Thu, 09/27/2012 - 13:58 | 2836102 fuu
fuu's picture

See the beast, starve the beast, buy gold.

Thu, 09/27/2012 - 13:30 | 2835996 insanelysane
insanelysane's picture

Give us money with no strings attached, now!  This is Spain's position too.  They just came out with the BS cuts in order to extend and pretend.

Thu, 09/27/2012 - 13:32 | 2836003 FeralSerf
FeralSerf's picture

Eat, drink and be merry for tomorrow we die.  And we don't need no steenkin German wet rags to spoil our party.

Thu, 09/27/2012 - 13:33 | 2836005 Sofa King Confused
Sofa King Confused's picture

Sounds like a plan to me.  I can spend my old deutschmarks again.

Thu, 09/27/2012 - 13:33 | 2836006 DrDinkus
DrDinkus's picture

can you imagine a day in the life of this man?  nail clippings on command, handjbs bein thrown around like hotcakes

Thu, 09/27/2012 - 13:46 | 2836053 MsCreant
MsCreant's picture

Do you think he demands the girls clip their nails before the bunga, bunga? Very revealing.

Thu, 09/27/2012 - 13:43 | 2836046 q99x2
q99x2's picture

Bunga Bunga

Thu, 09/27/2012 - 13:48 | 2836049 orkneylad
orkneylad's picture

Oh man I love these:

 

  • 'The Chinese did not eat children, but had them boiled to fertilise the fields', he said during a rally in 2006
  • 'I promise from now on, two-and-a-half months of absolute sexual abstinence, until [election day on] 9 April'
  • 'There is no-one on the world stage who can compete with me'
  • 'Parma is synonymous with good cuisine. The Finns don't even know what prosciutto is. I cannot accept this.'
  • 'That's a bunga bunga from 1811', making reference to a nude oil painting hanging on the wall of Villa Madama in Rome during a meetingwith Benjamin Netanyahu.
Thu, 09/27/2012 - 14:11 | 2836160 kaiserhoff
kaiserhoff's picture

I would ask for your source, but no one could make that shit up;)

Thu, 09/27/2012 - 15:49 | 2836517 MsCreant
MsCreant's picture

Hi kaiserhoff,

I googled, it's real.

Thu, 09/27/2012 - 14:48 | 2836283 TNTARG
TNTARG's picture

Surrealistic, isn't it?

However, between Berlusconi and Monti I would'nt be able to choose. I'd emigrate. By the way... Where to? What about this:

"Britain in the red by record £20.8bn

Welcome news that UK's GDP shrank slightly less than expected in second quarter offset by abysmal current account figures"

(The GUardian)

Thu, 09/27/2012 - 13:50 | 2836070 MillionDollarBoner_
MillionDollarBoner_'s picture

How fitting, on the day when Gold closed at an all-time high in Euros :O)

Thu, 09/27/2012 - 13:53 | 2836079 LawsofPhysics
LawsofPhysics's picture

"BERLUSCONI SAYS EURO A `SCAM' WITHOUT GOLD BACKING IT"

-------------------------------------------------

Wait what?!?!?!?  Oh nevermind....


Thu, 09/27/2012 - 13:56 | 2836094 Cult_of_Reason
Cult_of_Reason's picture

Is 1/2 of Germans against the EU and 2/3 of Germans against the euro can be used as legal grounds for a referendum and German exit?

 

~1/2 (49%) of Germans believe they would be better off without the EU

~2/3 of Germans believe they would be better off without the euro

http://www.reuters.com/article/2012/09/17/us-eurozone-germany-poll-idUSBRE88G09B20120917

Thu, 09/27/2012 - 14:06 | 2836135 Joebloinvestor
Joebloinvestor's picture

He should just throw a national "Bunga Bunga" party and charge admission.

Party hardy till the music stops and the food is all gone, then BEG.

Thu, 09/27/2012 - 15:06 | 2836321 Inthemix96
Inthemix96's picture

This fat cunt-cunt has more riches than midas.

When is enough, enough for these stains on the face of humanity?

The sooner this disgusting child abuser leaves this mortal coil the better.

;-)

Thu, 09/27/2012 - 15:09 | 2836324 thepigman
thepigman's picture

Berlusconi is the first European politician to see the writing on the

wall and his making his move early. He's a demagogue but he's

going to make the run at "populist" hero. Under game theory,

Italy's first out of the EU.

Thu, 09/27/2012 - 15:21 | 2836370 Jake88
Jake88's picture

They really should get a central bank to back their scam.

Thu, 09/27/2012 - 15:53 | 2836394 Jake88
Jake88's picture

.

Thu, 09/27/2012 - 15:24 | 2836409 RiskAverseAlertBlog
RiskAverseAlertBlog's picture

Looks like Berlusconi is playing the Tremonti card, and for fascists at the Brussels Reichsbank fretting over having no military force to keep Calalonia in line, these threats out of Italy could turn a bad week into a very nasty October.

Thu, 09/27/2012 - 18:59 | 2837034 schadenfreude
schadenfreude's picture

Side effect of Viagra?

Thu, 09/27/2012 - 19:15 | 2837075 Ar-Pharazôn
Ar-Pharazôn's picture

Great King Bunga Bunga II

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