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Cashin Catches Juncker In Rare Truth-Telling Act, Confirming Everything Is A Lie

Tyler Durden's picture




 

Europe's Jean-Claude Juncker is best known for being the pathological liar head of the Eurozone. And who can possibly forget his immortal line, which he uttered after getting caught with a bold faced lie about the stability of the failed European project, that "when it get serious, you have to lie", which he later explained with the even more insane, "My main concern is to protect people from detriment. That's why I feel practically compelled to make sure that no dangerous rumors begin to circulate. I'm certainly not going to go to confession because of a false denial. God understands more about the financial markets than many who write about them." Well, for once it is Juncker who made the horrible mistake of actually telling the truth. And none other than the Chairman of the Fermentation Committee Art Cashin was there to memorialize it:

From UBS:

One Sentence Perfectly Describes The Quandary On Three Continents – The ultimate award for candor and honesty must go to Jean-Claude Junker (Prime Minister of Luxembourg) who apparently said – "We all know what to do, we just don't know how to get re-elected after we have done it." That say's it all.

For once we applaud Juncker's honesty because in one short sentence that would even fit in a Tweet he has explained pretty much everything those who believe anything they are told by the sinking status quo should know.

 

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Thu, 11/29/2012 - 10:50 | 3020315 youngman
youngman's picture

So why are we investing on what they say?????

Thu, 11/29/2012 - 10:55 | 3020336 BoNeSxxx
BoNeSxxx's picture

Copy-And-Paste Junk's comment into the thought bubble of every politician since ancient Rome...

Nothing new here... well, except for a pinch of honesty.  

Thu, 11/29/2012 - 11:24 | 3020377 BaBaBouy
BaBaBouy's picture

With A Name Like That, Whats To Expect ???

Elitista Corrupt TRASH...

Thu, 11/29/2012 - 11:34 | 3020474 Oh regional Indian
Oh regional Indian's picture

Hmmmm, what about expectations with a name like CASH-In?

Thu, 11/29/2012 - 12:37 | 3020712 CClarity
CClarity's picture

Self promulgation is now what leadership in government has become.  Making monarchy looking better since democracy and federalism have been forsaken for career pols.

Thu, 11/29/2012 - 12:53 | 3020784 Harlequin001
Harlequin001's picture

In the land of the rising sun these same fuckers made young boys fly fighter planes packed with explosives into American aircraft carriers, for the cause.

These fuckers can't even give up their day jobs...

Thu, 11/29/2012 - 11:11 | 3020386 Sauk Leader
Sauk Leader's picture

"We all know what to do, we just don't know how to get re-elected OR NOT GET ASSASSINATED after we have done it."

Thu, 11/29/2012 - 11:15 | 3020394 BLOTTO
BLOTTO's picture

SUN

...

History = repeating

.

New = nothing

...

Thu, 11/29/2012 - 12:14 | 3020620 dwdollar
dwdollar's picture

Because there's a lot of really dumb money out there thanks to failed policies... and it isn't retail.

Thu, 11/29/2012 - 10:50 | 3020316 Cursive
Cursive's picture

If there was ever a a better argument for Anarchy....

Thu, 11/29/2012 - 11:11 | 3020384 pods
pods's picture

I don't mind an evil bastard once in a while.  Life is like that.
What I do mind are the ones who believe they are actually helping humanity and their cause is so just that the ends do justify the means.

Open and honest discussion, we are all adults.

But no, we all have to go around pretending that our system is functional, and that it is the poor lazy assed Greeks who are causing the problem.

When in reality, the system is functioning EXACTLY how it is supposed to, but when a fractional reserve banking system spans many countries, a whole country will go pop, instead of an individual.

Fucking bankers with their monopoly money, no wonder Jesus tossed their asses out of the temple.

I would disembowel Junker, and feel no need to go to confession.

pods 

Thu, 11/29/2012 - 14:52 | 3021385 metastar
metastar's picture

Disembowel Junker??
Now that could be considered doing god's work!

Thu, 11/29/2012 - 10:51 | 3020320 vinayjha
vinayjha's picture

Reality of Euro its worth 0 the way they keep kicking can down the road.

http://www.freefdawatchlist.com/2012/11/stocks-for-nov-29th-tivo-blox-lz...

Thu, 11/29/2012 - 10:52 | 3020321 IridiumRebel
IridiumRebel's picture

Cut the feed....cut the feed!!!!!!!!

Thu, 11/29/2012 - 10:53 | 3020327 Eireann go Brach
Eireann go Brach's picture

Just maybe Obama will come out today too and admit he was born in a hut in Kenya!

Thu, 11/29/2012 - 11:18 | 3020405 dbTX
dbTX's picture

Don't hold your breath.

Thu, 11/29/2012 - 10:53 | 3020328 LongSoupLine
LongSoupLine's picture

fuck yeah!  Rome is fucking burning.

Thu, 11/29/2012 - 10:54 | 3020332 FLUSA.com
FLUSA.com's picture

Poor Mr. Juncker probably going to have an "accident" in the very near future

Thu, 11/29/2012 - 10:55 | 3020340 slaughterer
slaughterer's picture

Christine got him with her strap-on a few nights back.  

Juncker will not be chairing anything for a while.  

Thu, 11/29/2012 - 10:54 | 3020333 BadKiTTy
BadKiTTy's picture

....but.....maybe...... it is now "serious" and he is lying! 

So perhaps the truth is that they DONT know what to do! 

K@ 

Thu, 11/29/2012 - 11:38 | 3020499 Cruel Aid
Cruel Aid's picture

Doesn't he really say that the voters don't want to hear the truth.

Thu, 11/29/2012 - 10:56 | 3020345 fukidontknow
Thu, 11/29/2012 - 10:57 | 3020347 asteroids
asteroids's picture

The one thing that Juncker and other sociopaths can't see is that they can't deny the mathematics and they can't stop the clock. Both will catch up to them. Unfortunately, not soon enough.

Thu, 11/29/2012 - 10:59 | 3020352 wardawg12
wardawg12's picture

Which would you prefer Herr Juncker? Reelection or hanging from a lamppost?

Thu, 11/29/2012 - 17:01 | 3021851 Dugald
Dugald's picture

Hung drawn and quartered.....

Thu, 11/29/2012 - 10:59 | 3020353 Big Corked Boots
Big Corked Boots's picture

See, Americans are smarter than Europeons. Our polititians have the reelection thing perfected - they just pay out more and more of other people's money (or print it) to buy the votes.

Thu, 11/29/2012 - 11:00 | 3020355 The Fonz...befo...
The Fonz...before shark jump's picture

That statement alone is enough to string up every politician alive today...while these lesser human beings are concerned about their careers and legacy the rest of us pay...our children pay....the nano second a baby leaves the womb...it is burdened with debt it has to pay off...

Thu, 11/29/2012 - 11:19 | 3020356 Anasteus
Anasteus's picture

He really said that??

:-)))

Frankly, struggling for being reelected and thrown again to this mess is almost equal to suicide. Being in his place I would try to escape as soon as possible. The puppets like him are still convinced the status quo can be preserved forever. Idiots!

Thu, 11/29/2012 - 11:01 | 3020361 Tsar Pointless
Tsar Pointless's picture

Wow. Now maybe - just maybe - one of the Bush presidents will come out today and finally admit that they are indeed German nationals and Nazi supporters after all.

Thu, 11/29/2012 - 11:02 | 3020363 Dr. Engali
Dr. Engali's picture

They must not have Deibold voting machines yet.

Thu, 11/29/2012 - 11:11 | 3020364 Mercury
Mercury's picture

...therefore we won't do what is best for those whose interests we represent but instead what best serves our own self interests.

[The players exit stage left for yet another fancy free lunch.] (flourish)

Thu, 11/29/2012 - 11:02 | 3020367 Quintus
Quintus's picture

Junker made that statement years ago. Why only reporting it now?

Thu, 11/29/2012 - 11:20 | 3020408 Mercury
Mercury's picture

Just think how many Ron Paul quotes will similarly resurface and circulate several years hence.

Thu, 11/29/2012 - 11:06 | 3020374 TahoeBilly2012
TahoeBilly2012's picture

You cannot make this stuff up! Maybe Rome is actually on fire.

Thu, 11/29/2012 - 11:07 | 3020375 ArkansasAngie
ArkansasAngie's picture

Ain't that some horse manure

Thu, 11/29/2012 - 11:11 | 3020382 oddjob
oddjob's picture

When did Cashin get a conscience?......looking to old whithered raisins from Wall Street to clarify truth from doublespeak is lunacy.

Thu, 11/29/2012 - 11:15 | 3020399 kliguy38
kliguy38's picture

they were out of ice at the hotel last nite

Thu, 11/29/2012 - 11:10 | 3020383 Peter Pan
Peter Pan's picture

We will all eventually go from being Eurosceptics to Euroseptics.

Thu, 11/29/2012 - 11:14 | 3020392 Inthemix96
Inthemix96's picture

The day this fucker is hanging from either a tree, or a lampost cannot come soon enough.

The constant bullshit spewed forth from second rate car salesmen like junker is testament to why the whole world is fucked.  They are so corrupt, so bent to the tune of money, so immorally disfigured by greed and sense of self-worth, and pathelogically addicted to POWER, is now being understood by more and more folk each and every day.

They will pay a price that is long overdue.  They treat the average joe from all countries as a way to further their nefarious agenda and expect us to believe it??  The worm is turning ZHers.  The day is not to long when we will read the morning papers and folks like this despicable man will be plastered all over them.

Hanging from a tree, or perhaps, a lampost.

Thu, 11/29/2012 - 11:14 | 3020395 ak_khanna
ak_khanna's picture

People like Jean-Claude should be flogged in public and the live coverage should be shown live all over the world. 

How dare such a high ranking person speak plain and honest truth..... 

The first thing that you are supposed to do when you join the government at any level is take out everything like honesty and integrity from within your and stuff yourself with contributions from powerful individuals and institutions so that you think, speak and act only what is told to you by them.

http://www.marketoracle.co.uk/Article35345.html
www.letstalkmoney2012.in

Thu, 11/29/2012 - 11:26 | 3020433 mvsjcl
mvsjcl's picture

"We all know what to do, we just don't know how to avoid getting assassinated by the banker class after we have done it."

Thu, 11/29/2012 - 17:08 | 3021876 Dugald
Dugald's picture

"We all know what to do, we just don't know how to avoid getting assassinated by the banker class after we have done it."

 

Ain't it de troot.......

Thu, 11/29/2012 - 11:35 | 3020459 BlackholeDivestment
BlackholeDivestment's picture

http://www.youtube.com/watch?v=2mQyII-gkPU 

...to Hell with that banker bastard and the political whore.

Thu, 11/29/2012 - 11:39 | 3020500 drivenZ
drivenZ's picture

"We all know what to do"

 

eh, not sure I believe that. 

Thu, 11/29/2012 - 11:40 | 3020504 buzzsaw99
buzzsaw99's picture

This too is a lie. He only knows what the maggots want him to do. Getting re-elected after he does it is his problem alone because the maggots will own his replacement too.

Thu, 11/29/2012 - 11:55 | 3020557 Falkor
Falkor's picture

Come on dude.. this statement is as old as hills!

Thu, 11/29/2012 - 11:57 | 3020563 Montezuma
Montezuma's picture

This why you need limits on how long you can "serve" your nation or district. American politicians are corrupt because you cant get elected without big donor money. European politicians are mainly corrupt because they need to keep up the lies they have told the people and the people would vote them out soooo fast.

If we want to look whats wrong with EU countries spending, we only need to take a look at EU, its a dream build by bureaucrats and the spending is obscene. As a good friend of mine who works for a MEP said: "People would go ape shit if they knew, how much money is just thrown around for wages and projects that go nowhere".

Dictatorship would be cheaper, just need a good constitution to reign the ruler in..

 

 

Thu, 11/29/2012 - 13:19 | 3020929 Thisson
Thisson's picture

"Let us start our Republic with a chain of drug stores, a chain of grocery stores, a chain of gas chambers, and a national game. After that we can write our Constitution." - The Seventh Book of Bokonon

Thu, 11/29/2012 - 12:02 | 3020580 zendome
zendome's picture

Selfish pricks, putting their own career ahead of Nation and oath of office.  Why is this not cause for termination/recall?

Thu, 11/29/2012 - 12:07 | 3020591 smacker
smacker's picture

For once, Claude Junkett tells the truth! Hooray :-)

Perhaps he can be tempted into telling another truth, which is that he and his cronies in Brussels -- the Barrelosos and Garden Gnomes of this world, like Rompuy -- have nothing but contempt for "the markets".

Introducing a pan-European Financial Transaction Tax (ie Tobin tax) is but one example of the retribution they plan to take against the free markets for being forced to actually make an effort to sort out the shambolic Eurozone nonsense.

Thu, 11/29/2012 - 12:10 | 3020608 notadouche
notadouche's picture

So much for the Oath of Office which says nothing about governing on the basis of reelection.  Not that I didn't already know that but I think maybe "we the people" need to remind politicians that they take an oath that compells them to do what's right, not what's right for reelection.    Funny how quickly the politicians and apparenlty the people and the media gloss over the oath.   These same polticians wouldn't stand for doctors immediately disregarding the hippocratic oath the minute they get their license.  They would find themselves jailed.  Yet the politician, at worst, get "censured"   More often then not they get an envelope stuffed with cash.   Thank you sir, may I have another?  

Thu, 11/29/2012 - 12:16 | 3020624 NorthPole
NorthPole's picture

Quite frankly, maybe I am just an ambitionless loser, but I struggle to understand why someone like Juncker even wants to be re-elected, knowing full well the sheer depth of the shithole we are all in.

Ergo: he's lying :)

Thu, 11/29/2012 - 12:53 | 3020793 Toolshed
Toolshed's picture

One word: EGO

Thu, 11/29/2012 - 13:20 | 3020940 Thisson
Thisson's picture

Or Power.

Fri, 11/30/2012 - 05:34 | 3022996 smacker
smacker's picture

The High Command in the EU in Brussels are mostly political has-beens from their home countries (Barroso, ex-hated PM from Portugal) and have no value to add anywhere. Add to that their excessive tax-free salaries, fat expense budgets and very fat index-linked pensions, and it's not difficult to see why they will do anything to hang on and keep the EU alive in the intensive care dept. I haven't mentioned their ideological obsession with power and control.

Thu, 11/29/2012 - 13:45 | 3021052 dcb
dcb's picture

actually he lied again.He means :we all know what we think we  need to do....

 

or he means we all know what we want to do.......

he wants to endlesslyy bail out the banking class to protect his friends, or he wants to make sure the peopleget screwed protecting the euozone. He thinks incorectly that the euro zone is woth potecting at any cost. if geece leaves and the people see the world doesn't end, all this sham falls to hell. that;s why they keep bending over for greece.

when the people see the emperor has no clothes game ove for the sociopaths running the system

Thu, 11/29/2012 - 13:49 | 3021066 saycheeeese
saycheeeese's picture

provided history is a good guide.... a few banksters, judges and politiciens corpes will be hanging in public place one day and maybe  the sentence will change to "when it get serious, you have to die"    By the people and for the people !

Thu, 11/29/2012 - 19:42 | 3022279 malek
malek's picture

So I take it doing the right thing, on the risk of not being reelected, is not an option?

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