Cyprus Parliament Rejects European Bailout Proposal: Calls Germany's Bluff

Tyler Durden's picture

Just as we predicted yesterday, the Cyprus bailout vote has not passed parliament in a move that was merely there to force Germany's bluff.

  • CYPRUS BANK LEVY BILL DEFEATED WITH 36 VOTES AGAINST
  • CYPRUS BANK LEVY BILL DEFEATED WITH 19 ABSTENTIONS
  • CYPRUS PARLIAMENT VOTED IN SHOW OF HANDS IN NICOSIA
  • ANASTASIADES FAILS TO SECURE VOTES FOR DEPOSIT LOSS BILL

What happens now, nobody knows. Prepare for a litany of very angry headlines out of the inner sanctum of Europe's despotic chambers. Hopefully Pisani can explain it all.

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Agent P's picture

No bank tax for you!  Next!

DJ Happy Ending's picture

Abstaining from a vote like this cracks me up. I wonder how they'll spin that in the future.

SWCroaker's picture

Show of hands.  No names on record.  Finally, a glimmer of intelligence....

redpill's picture

Poor Brussels Eurocrats, every time they fix a problem these fucking peasants start VOTING on shit.  Don't they know their place?

Divided States of America's picture

Someone pressed the Nitro button on the PPT trading desk...thats what happened

Divided States of America's picture

Remember, they dont schedule POMOS on TWO occasions.

1) When Bernank is doing a speech (OR maybe Obummer as well)

2) When there is fudged jobs number coming out

 

Thomas's picture

Cypriotically transmitted diseases (CTDs) forthcoming.

King_Julian's picture

Can you get that from a toilet seat?

cifo's picture

5 pages of user comments in less than an hour! Must be an internet record.

mjcOH1's picture

"Abstaining from a vote like this cracks me up. I wonder how they'll spin that in the future."

Yes me can?
Forward?
Hope?
Change?

LawsofPhysics's picture

business as usual, front-run accordingly.

CClarity's picture

Will banks in Cyprus remain closed past the 2 days they said. Don't think they'll open tomorrow with no deal yet

Half_A_Billion_Hollow_Points's picture

 

As germany drops the liquidity flows, these banks should collapse fast.  This means deal with Mother Russia very likely.  

Gold is standing by for liftoff.

Wonderful days.

gmrpeabody's picture

You really need to address those skinny legs, girl.

That don't look healthy.

THX 1178's picture

Depends on what yer into...

Spastica Rex's picture

If Mama Cass had shared half her sandwich with Karen Carpenter, would they both still be alive today?

Almost Solvent's picture

Karen Carpenter is dead?

WTF?

Oh wait, I'm thinking of that OTHER whore, Donny Osmond.

BeaverFever's picture

No, he's into beastiality - calls it " Puppy Love"

ZerOhead's picture

Our European banksters have just avoided a self-inflicted gunshot wound to the head.

That's why we call them Cypriots and not Cypridiots...

catacl1sm's picture

Been waiting for that one.

MS7's picture

Well, at least they'll have a future.

SDShack's picture

"Really Vlad, I didn't vote for it!" Cyrpus Paliament Member pleads with gun to head.

The Fonz...before shark jump's picture

Worked for junior senator Barack Obama....how many key votes did he abstain from? Yet the dipshits still vote him in...

Cdad's picture

"Look, the important thing is...it is in everyone's [bankers] interest to find a bailout solution for Cyprus.  This is the new financial model that has been embraced by central banks around the world.  Look, we're off our lows."  B. Pisani

TruthInSunshine's picture

 "Once this whole Cypress 'thing' is resolved cleanly, and the 'thingamabobs' affecting Japan, China, France, Italy, Spain, Ireland, Greece, Portugal are cleanly dealt with, it's smooth sailing for the REITs."

-- Bob "Tool of Choice of the Pump & Dumpers" Pisani

Cdad's picture

Brother Truth,

You forgot to say, "The important thing is..."

SheepDog-One's picture

The important thing is...only peons got hurt in this, elites are all safe!

monopoly's picture

Zippy, I think you meant "fool". But they both describe this idiot.

earleflorida's picture

CNBC is a dysfuctional toolbox... where all tools inside have absolutely no real-time functionality other than for a 'Graiglist',  'Antique Sell-a-T?on Auction'! Whence, finding a dusty cubby-hole in the Smithsonian archaic communication "Beta's and Dell-a-Phonic's?, has been!?

Category:  unrecyclable/ obsolescence

yogibear's picture

CNBS's Pis-on-mi is a mouthpeice for Wall Street and the banksters.

El Oregonian's picture

Pisani is a toolish fool.

Fixed

TheFourthStooge-ing's picture

Potemkin Village is burning down, burning down, burning down...

akak's picture

Take the banksters and lock them up, lock them up, lock them up ....

Spider's picture

Proud of the Cypress people - screw those EU bankers!

camaro68ss's picture

The banks always find a way to get the people to hold the bag last

Dewey Cheatum Howe's picture

Sadists always congregate disproptionately where they can assert the most influence over others. The degree of sociopathology tends to also be related to how high they rise in the ranks. In an S&M lovefest both the sadists and masochists win. It is the normal people caught in the middle who lose.

waterwitch's picture

How'd that work out in Iceland?  Love those island countries!

earleflorida's picture

especially when, 'revenge is best served cold'!

skistroni's picture

I tend to think that the Parliament puppets finally realised that they would never get elected again if they would vote for the confiscation, so they're playing tough. I wouldn't bet on bankers getting screwed in the end. 

TPTB_r_TBTF's picture

I tend to think that the parliament puppets fear for their lives.  You donT just up and confiscate russian deposits.

walküre's picture

if the country is going broke, what the fuck do re-election chances matter anymore?

the puppets are voting to keep their life. nevermind a fucking re-election. if they live to see another day after this, they consider themselves blessed

SMG's picture

The Global Elite will make Cyprus pay dearly for this insolence.