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And Now, Courtesy of Bridgewater... It's Italy's Turn

Tyler Durden's picture


Earlier today, by way of a simple graphic, the world's biggest hedge fund, Bridgewater, was kind enough to remind the world just how pointless any debates about Europe's future viability are if the primary funding conduit: the EFSF/ESM hybrid can not provide the cash needed for even half the combined funding needs of Italy and Spain. Now, Bridgewater strikes at Europe once again, this time redirecting the general attention to where it is long overdue: Italy.

Because while Spain has for months now, ever since the publication of the 'Ultimate Doomsday Presentation' right here in Zero Hedge on April 7, been punished with ever widening bond and CDS spreads, and a local stock market which recently hit a 12 year low, Italy has largely avoided the vigilantes and general bearish scrutiny so far. The main reason for this is the assumption that Italian Banks had loaded up on enough LTRO cash that they had sufficient dry powder to buy up Italian bonds in the primary and, more importantly, the secondary market for at least a few more months. We bold "the assumption" because as Bridgewater calculates, the 'dry powder' number is far, far less than conventional wisdom had been expecting. In fact, at negative €48 billion in residual LTRO capital, Italy flat out has no additional cash with which to plug ongoing debt funding needs.

And with that, it is time to wave goodbye to the always wrong conventional wisdom, and to wave in the arrival of the vigilantes, who had been so missed in Milan since the fall of 2011 when they nearly toppled Europe's fulcrum economy, and only the sacrifice of Silvio Berlusconi prevented an all out catastrophe on November 8, 2011. This time, the token replacement of an unelected token technocrat (and Goldman crony) will no longer appease anyone.

Source: JP Morgan's Michael Cembalest


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Mon, 06/04/2012 - 22:52 | 2494642 veyron
veyron's picture

When will that leaning tower of Pisa fall?

Mon, 06/04/2012 - 22:58 | 2494656 BKbroiler
BKbroiler's picture

never.  half the world's dirty money is laundered through the vatican.

Mon, 06/04/2012 - 23:09 | 2494680 newengland
newengland's picture

Is that the same Vatican which has a problem with 'leaks' lately which upset the Pope and the bank? Yep. It is.

The Vatican bank is in deep, deep trouble. Maybe another one of their people will be found hanging under Blackfriar Bridge in London like the last time they got in a fix...or maybe not. Point is this: forget the Vatican. It's bust, and leaking like a sieve.

Mon, 06/04/2012 - 23:19 | 2494704 BKbroiler
BKbroiler's picture

10% of every collection taken by any catholic church goes to the vatican.  this is called the decima.  Think a couple hundred years worth.  The mob modeled their pizzetto after this.  The vatican is its own entitry, free from italian law.  Talk about seperating church from state.  The vatican is its own country.

Mon, 06/04/2012 - 23:19 | 2494705 markmotive
markmotive's picture

Fiscal union or monetary extremism. Maybe both...

Don Coxe on gold-backed Euro bonds:

Mon, 06/04/2012 - 23:48 | 2494744 Oh regional Indian
Oh regional Indian's picture

A couple of Hundred years?

How about a 1000 years of pillaging, looting, conversions at knife/spear/gun-point. Looting of the world's gold and silver... Papal Bull Shit's Gold.

The Vicar of Christ..... lives like a King.

Perhaps Catholicism should be renamed Catch-all-in-schism.



Mon, 06/04/2012 - 23:55 | 2494770 CvlDobd
CvlDobd's picture

I've never seen so much, dare I say, anti-religion commentary here.

It's beautiful.

The things the Catholic church has done over the years are so horrible it is beyond defense. I give my family members so much crap when they start talking about donating to the Catholic church. What a fucked up organization.

Tue, 06/05/2012 - 00:04 | 2494781 Hopeless for Change
Hopeless for Change's picture

you tube search "George Carlin Religion is Bullshit" if you haven't already seen it.   Lots more ammo for your discussions.

Tue, 06/05/2012 - 00:34 | 2494823 newengland
newengland's picture

Carlin the comic was funny, but hardly anything that any serious person would consider in affairs of money or state.

Tue, 06/05/2012 - 02:44 | 2494979 Squid-puppets a...
Squid-puppets a-go-go's picture

Carlin may not have been an economist, he was just an intellectual

But an intellectual that has not taken the blue pill is a more authoritative voice than an economist who has taken the red pill

Tue, 06/05/2012 - 06:53 | 2495129 daveeemc2
daveeemc2's picture

Religion has convinced people that there's an invisible in the sky, who watches everything you do every minute of every day. And the invisible man has a list of ten specific things he doesnt want you to do. And if you do any of these things he will send you to a special place, of burning and fire and smoke and torture and anguish for you to live forever, and suffer and burn and scream until the end of time.

But he loves you.

And he loves you and he needs money.  <G. Carlin>


Tue, 06/05/2012 - 09:13 | 2495493 tarsubil
tarsubil's picture

Did he say religion or government?

Tue, 06/05/2012 - 06:19 | 2495100 disabledvet
disabledvet's picture

you obviously haven't been in charge of money or a State.

Tue, 06/05/2012 - 00:37 | 2494828 CvlDobd
CvlDobd's picture

Huge Carlin fan. I mention points of his here from time to time.

Tue, 06/05/2012 - 00:56 | 2494858 derek_vineyard
derek_vineyard's picture

overtly putting a basket in front of you where everyone can see how much and if you donate......pitiful

i don't donate, because i only go to church when forced to, because seeing those baskets as a child was so blatantly hypocritcal...i used to think shouldn't it be the other way around----the church giving  

i guess i'm too simple thinking

Tue, 06/05/2012 - 01:03 | 2494869 James-Morrison
James-Morrison's picture

When you are out in the woods, huddled with your gold, guns and livestock, who are you going to turn to when the hoards descend on your cabin?

Your neighbors, your church or your government?


Tue, 06/05/2012 - 02:01 | 2494958 Ahmeexnal
Ahmeexnal's picture

Your neighbors, your church or your government?

Nope. Bouncin Betty is your friend.

Tue, 06/05/2012 - 04:39 | 2495043 francis_sawyer
francis_sawyer's picture

I planned on just listening to some Doors tunes... 'The End' might be on the playlist...

Tue, 06/05/2012 - 05:28 | 2495059 potlatch
potlatch's picture

She's gonna set to barkin!

Tue, 06/05/2012 - 09:27 | 2495566 CvlDobd
CvlDobd's picture

@ James Morrison

You religious people crack me up.

Oh god you are such a good god! Thank you so much for creating a world so fucked up all I can rely on are gold, guns, and livestock while I fend off attack from a feral mob. Amen!

Tue, 06/05/2012 - 01:04 | 2494873 newengland
newengland's picture

You are not simple. Perhaps you are mean. It is the privilege of any person with money to gift some to those who have not.

Tue, 06/05/2012 - 01:14 | 2494887 Oh regional Indian
Oh regional Indian's picture

That's right. Via tithing basket to a tax-free church in whose DNA is massacre, In-quisition, cruelty, conversion by the sword.

If you want to give, just give. And shut up about it. 

I wonder how Catholics of justify Church Pedophelia. Because it's all in God's name?

Shepard's shepard SHEEP.



Tue, 06/05/2012 - 01:21 | 2494891 newengland
newengland's picture

Oh regional Indian, mithering the West, while your own land is imprisoned by a caste system far worse than anything seen in the lands you visit here.

You silly hateful person.

Your Gandhi was a mysogynist who denied his wife whilst pontificating. That is just one example of your failed state.

Tue, 06/05/2012 - 01:33 | 2494916 Oh regional Indian
Oh regional Indian's picture

Precisely NE, and so see how I pillory gandhi... right here, months before thsi conversation:

"You owe it to yourselves. Stop giving the beast power through protest, allowing then to humiliate you, bludgeon you, chain you, im-prison you. Every hero they made for us this last century, Gandhi, MLK, Mandela, whose Jail times made them somehow revered, were false gods. Deeply compromised individuals of weak moral character, beholden to the same power. If you feel angry reading the above, it only shows that you have bought the legend of these Clay Footed messiah’s, to our own great, collective detriment. You need no messiahs. None. Zero."

'Gandhi….in your face, the new gandhi. First off, the old british stooge gandhi did us no good. He served his british masters well, holding India back from fighting off the tyranny through non-violence, while violence was visited upon indians in vicious, relentless brutality. Sure, he saved his master’s hide well. Left his mark with an India aflame in communal rioting. And with his co-conspirators jinnah and Nehru, left India, never a nation anyways, divided three-ways and forever at each other’s throats.

So, that was Gandhi’s legacy. Seriously, any Indian’s getting their knickers in a twist reading this should get the propaganda, father of the nation crap out of your heads and look at this effette, british trained barrister, trained in Africa (Gandhi was quite the white worshipper by the way), who was presented as a saint, readymade from South Africa. for an Indian population needing one such. How convenient."



Tue, 06/05/2012 - 06:22 | 2495103 disabledvet
disabledvet's picture

at least your Civil War is a three way. Ours is "all against all" over here. On the good side "that's usually good for 1000 Dow points."

Tue, 06/05/2012 - 05:40 | 2495072 Bezukhov
Bezukhov's picture

Its hard to hate on someone who utters pearls of wisdom like this:


Civil disobedience becomes a sacred duty when the State becomes lawless or, which is the same thing, corrupt. –Gandhi

Tue, 06/05/2012 - 05:48 | 2495076 Oh regional Indian
Oh regional Indian's picture

Bex, his master's in the Inner Temple in the City of London taught/spoon fed him well.

Gandhi was a tool of the empire, nothing less. A sell-out, shameless tool.


Tue, 06/05/2012 - 06:02 | 2495089 JOYFUL
JOYFUL's picture

...a tool of the empire, nothing less. A sell-out, shameless tool.


at last. a revealing self portrait by the master blaster hisself.

Praise the Lord! N pass the Popcorn...

this is getting good!

Tue, 06/05/2012 - 01:24 | 2494896 James-Morrison
James-Morrison's picture

It's not that hard to imagine.

Just think about how governments justify corruption, wars and money printing.

Same thing -- red flag, blue flag. 

(I'm embarrassed for you, to have to point this out to you.)


Tue, 06/05/2012 - 02:55 | 2494988 JOYFUL
JOYFUL's picture

Actually, monastic pedophilia got it's headstart in yur hometown, Mr History Scholar( n now Pontiff of Provocation!)...

das right!...all those parasitical pretenders "listeners" who hung onto the Buddha's words, and then set up closed union shop as intercessors between the peeple n the powers above...that's MOTHER INDIA, ori...

where there's never a trend towards truth that doesn't get twisted into a scam to defraud and defuse the 'natural' impulse of the human twards onepointed mind...since that happens all over this world, and yu are our resident correspondent there....why don't yu stay on the scene and report on yur efforts to clean house there, instead of practicing rope tricks from yur newly made bed of nails?


caution....snakes in grass.

Tue, 06/05/2012 - 05:29 | 2495060 potlatch
potlatch's picture

Indian please

Tue, 06/05/2012 - 11:04 | 2495926 RallyRoundTheFamily
RallyRoundTheFamily's picture

Imagine theres no Heaven, it's easy if you try.


Tue, 06/05/2012 - 00:08 | 2494787 newengland
newengland's picture

Maybe I missed it. I thought the commentary was about money.

Tue, 06/05/2012 - 00:57 | 2494863 derek_vineyard
derek_vineyard's picture

church = money    

Tue, 06/05/2012 - 01:30 | 2494909 slewie the pi-rat
slewie the pi-rat's picture

it was until ori did the string-jumping spammer act for the 3,000th time!

a slewie deathMatchTM may be too good for the old sport, soon...  tyler may just cut the mofo's throat for abject cowardice at the sight of the pi-rat who is gonna take the asswipe d.o.w.n. one way or another

trust me!

Tue, 06/05/2012 - 01:36 | 2494917 Oh regional Indian
Oh regional Indian's picture

On cue, the Joyless's army to the rescue.

Hypocrite Rat. AssFire and the Mewing Newman...



Tue, 06/05/2012 - 03:04 | 2494994 JOYFUL
JOYFUL's picture

Slew n I don't actually cross paths here much Vivek, and we certainly don't practice the kind of tag team WWF farce fighting that yu and yur Chinbot pal have taken up in the last week....

hmmm, since Chu-mli is actually not a real person, but a collective effort of a bunch of Chicom wannabee capitalistroaders, I think I'll call him "the Beast from the East.....

yu, it's a of my favorite characters from back in the days....Tiger Jit Singh....Tiger, of course, couldn't fight his way out of a wet paper bag, but he was a colourful character who always entertained!

Keep diggin yurself deeper in genius!

Tue, 06/05/2012 - 06:06 | 2495091 potlatch
potlatch's picture

Red Chinee up in ol' Jed's hoosegow without him awares?!?

Tue, 06/05/2012 - 06:43 | 2495118 nmewn
nmewn's picture

So, I'm scrolling along...minding my own business, drinking one of my two state/Bloomberg approved daily portions of caffeinated beverages and what happens...

"...and the Mewing Newman..."

an unprovoked, drone attack from fucking India on some cat named


You do realize you're on the verge of some sort of mental breakdown don't you?

Tue, 06/05/2012 - 09:22 | 2495544 Oh regional Indian
Oh regional Indian's picture

Not really nm, but apologies for the drive by, a heat of the moment thing.


Tue, 06/05/2012 - 17:53 | 2497542 nmewn
nmewn's picture

Understood...try to hold onto your sense of humor...we may not agree on everything (or anything) but we're still all in this shit together.


Tue, 06/05/2012 - 02:01 | 2494959 newengland
newengland's picture

slewie the pi-rat :-)

The silly caste ridden ORI is plain to see as a snivelling mithering old fool!

Tue, 06/05/2012 - 05:33 | 2495064 potlatch
potlatch's picture

touche sir.  these threads are nearly as inflated as the currency.

Tue, 06/05/2012 - 00:44 | 2494840 James-Morrison
James-Morrison's picture

Despite thousands of years of human imperfection,  the core of this religion has survived.  

Like mankind, with it's kleptocracy, banksters and sociopaths, there is always hope. 

For without hope, there is nothing...

Tue, 06/05/2012 - 00:45 | 2494841 CvlDobd
CvlDobd's picture

You must be long stocks.

Tue, 06/05/2012 - 00:54 | 2494859 James-Morrison
James-Morrison's picture


Short fiat based assets,  Long humanity.  

Tue, 06/05/2012 - 06:08 | 2495092 potlatch
potlatch's picture

empirically, that actually is hope you can believe in.


all others, metals or undauntable real estate, plz.


Tue, 06/05/2012 - 06:24 | 2495107 disabledvet
disabledvet's picture

i'm long humungity.

Tue, 06/05/2012 - 02:50 | 2494986 Raymond Reason
Raymond Reason's picture

That's right.  The gates of hell have not prevailed against the church.  The essential doctrine (the Nicene Creed) and the faithful elect have prevailed down through the ages as foretold, mainly in the Orthodox branch, but also in the Catholic and Protestant, in spite of false teachers, infiltrators, saboteurs, provocateurs, fifth columns, false flags and all the other wiles of the beast, thanks to the continual prayers of the monastics down through the centuries.  Glory to the Father, to the Son and to the Holy Spirit now and ever and unto the ages of ages. Amen 

Tue, 06/05/2012 - 08:07 | 2495262 Pope Clement
Pope Clement's picture

Hahahahahaha Now that's funny'I don't care who the fuck you are....

Tue, 06/05/2012 - 05:23 | 2495056 potlatch
potlatch's picture

Far be it for me to defend the Church, but it is a pretty massivly multi-dimensional entity there.  Parishes hold many neighborhoods in my city together and keep them from total abyss.  You know, etcetera.


But having said that, trafficking in filthymoney is enough of an indictment earn scorn upon its "city," the Vatican.


I say, time-share.  Some of these teh LAry Summers and teH Goldman Sachs are shameless enough to not "get" that something really has gone way over the line, as they are interviewed by Bloomberg sitting under Bernini's baldacchino. 


They've earned it.  They produce hope.

Tue, 06/05/2012 - 05:37 | 2495070 koperniuk666
koperniuk666's picture

Catholics - twisted kiddy fiddlers. Liars thieves and scum.

Tue, 06/05/2012 - 07:50 | 2495231 stocktivity
stocktivity's picture

probably true....but when your body is fighting and squeezing to take the final breaths, will you wonder if there really is another side or just say bye bye?

Tue, 06/05/2012 - 08:31 | 2495325 andrewp111
andrewp111's picture

The Catholic Church is the last vestige of the Roman Empire still in existence. Don't  think of them as a "religion".

Tue, 06/05/2012 - 00:12 | 2494794 JOYFUL
JOYFUL's picture

Perhaps the Oracle of the East will catch on soon to the wisdom of staying closer to home when pillorying people for crimes of universal nature...but then a prophet is never much welcome in their native land!?!? 5 - cabbalist playbook....

and we will sow division amongst them, so that they may not realize that we reside amongst them, not as neighbours, but as those who will take from all that is dearest to them, most particularly their pride of person and people/

page 7 ...and we will incite those other peoples who are subject to our wiles, to go amongst them and do our work, so that we may remain hidden, and our purpose unknown.

Tue, 06/05/2012 - 00:31 | 2494820 newengland
newengland's picture

A 'regional Indian' complains about the Catholic church whilst living in a land of a caste system into which every person is born to be poor or whatever and no way out?

Yer kiddin us, aintcha? Put your own house in order before mithering the West with your failed ways.

I like the Indian people I have met, and despise those who defend the ways of India's corrupt, abusive system of mis-government, and caste system, whilst mithering the West to which enterprising Indians flee.

Tue, 06/05/2012 - 00:46 | 2494836 The Big Ching-aso
The Big Ching-aso's picture



"Mama Mia da world is arun by abuncha assaholes."

Tue, 06/05/2012 - 01:02 | 2494867 newengland
newengland's picture

Not educated engineers or artists,  are they ;-), poor caste system castrated India.

Tue, 06/05/2012 - 01:09 | 2494879 Oh regional Indian
Oh regional Indian's picture

Tch tch...thin skinned fight-clubbers...

Mommy, he called my kind un-kind....

Funny how all you under-informed (ever left New England, Mr. New Englander?, perhaps to Europe, more of your kind there, eh?) folks can only harp on the Caste System. WHich you clearly know only from Nat Geo specials.

Ah yes, I'll take all my OTHER news , twisted and slanted from the MSM. 

Come to India, I'll show you it's truth and lies. It's a FUBAR nation, because 400 years of British rule will do that to you.

You, Mr. NEW ENGLAND (hey look, you are in New England, no better than the OLD England, see?) need to look a little deepr you-self. 

And man-up....


Tue, 06/05/2012 - 01:29 | 2494903 newengland
newengland's picture

Oh regional Indian,

You are a very silly person whose country shows your venal ways. You've had a long time since British rule to throw off the shackles of the caste system, yet there you are, still imprisoned because you are so busy blaming others and do nothing to put your own house in order.

Unlike your sort of whining two-faced pretty pet of politics, my kith and kin did throw off the British rule, and I have lived in many lands without asking others to agree with me or pay for me, oh regional Indian numpty.

Tue, 06/05/2012 - 01:43 | 2494929 Oh regional Indian
Oh regional Indian's picture

FAIL! With a capital F.

You threw off nothing, as you will soon find out.

Why should I bother.

Take it from your own, scholarly country-men.


You are still a Sub-ject of the Queen. Dive here, educate yourself. Unfortunately for the world, so am I still a British Subject, in a supposedly Independent India.

Numpty? That is cute. If it's not (c) I'll use that sometime. 

No hard feeling NE, I've been down the rabbit hole you seem to fear to dive into. You're just shouting from the rim, frightened.


Tue, 06/05/2012 - 01:53 | 2494944 Harlequin001
Harlequin001's picture

and the good news is...

"all you Americans and Indians can still celebrate the Diamond Jubilee...'

You lucky, lucky bastards...

or would you rather have a President?

Queen, Obama, Queen, Obama? Seems like a no brainer to me.

Why don't you just cut out the middle man and enjoy the celebrations... Have a day off and watch the real history laid out before you with fulll Pomp in Englands magnificent Regiments, many of which are older and more dsitinguished than your country...

Tue, 06/05/2012 - 01:59 | 2494956 newengland
newengland's picture

1776, a family feud :-) Meanwhile, poor regional Indian mithers the West as he sits in a slum of his own making. I believe it's called 'displacement activity', takes his mind off the woes of his own place. Rather cowardly of him.

Tue, 06/05/2012 - 01:57 | 2494951 newengland
newengland's picture

ORi. Calm down, dear. You are trying to cast off your caste system as something that you live with whilst me and mine live in a better place which you clearly envy, poor numpty.

You rabbit hole is infested with your sort of drivel, the caste system, poor you. Why don't you spend less time on this Western blog, and more time trying to elevate your people from their slums, far worse than anything seen in the West.

Tue, 06/05/2012 - 07:03 | 2495140 AnAnonymous
AnAnonymous's picture

You've had a long time since British rule to throw off the shackles of the caste system, yet there you are, still imprisoned because you are so busy blaming others and do nothing to put your own house in order.


But, but, but I thought that central banking was such a compelling prison, the end of liberty and freedom, and justice and truth.

Does it mean that world prior central banking is the same as world with central banking?

If such, why advocate for removal of central banking?

Tue, 06/05/2012 - 01:45 | 2494911 Harlequin001
Harlequin001's picture

Are you saying that the caste system is the fault of the British?

Tue, 06/05/2012 - 07:03 | 2495137 nmewn
nmewn's picture

Why yes, as a matter of fact he is.

Tue, 06/05/2012 - 07:08 | 2495148 Harlequin001
Harlequin001's picture

thought so.... harrumppph!!!!

Tue, 06/05/2012 - 06:01 | 2495087 Cosimo de Medici
Cosimo de Medici's picture

Wow, that is a bullshit argument straight out of How to Sell Anybody Anything.

First, agree with the complaint (India is FUBAR).  Second, turn it around (but it's the Brit's fault).  Then go for the close (come here and I'll show you how good original India is and how anything bad is the Brit's fault).

India was fucked up long before the Portuguese got there, never mind the Brits.  Ashoka was a heck of a guy, yes?  Of course once he saw the light and stopped slaughtering the Tamils or whoever it was he slaughtered, and after he stopped boiling his harem in oil because they criticized his teenage acne scars.  And how many of the land's "Great Rulers" slaughtered their father or brother to get to the top?  One might argue that after viewing India's own history, the Brits were merely acting "culturally sensitive" by behaving no better.

Sure the Brits slaughtered the folks in Amritsar.  Then Indira did roughly the same almost a century later, and got gunned down for it.

Ain't nobody smelling good.  Not the Brits, not the Indians, nobody. 


Tue, 06/05/2012 - 07:08 | 2495146 Byte Me
Byte Me's picture


Saves me commenting similarly about his twisted BS-logic. But don't forget,

 Ain't nobody smelling good

Our regional Illogicial smells good -- because his shit don't stink.

Tue, 06/05/2012 - 06:22 | 2495104 Ricky Bobby
Ricky Bobby's picture

OH I get it now, it always boils down to the "White Man's Fault". Damn where have I heard that before. Yes Yes I get reminded of that every day on CNN.

Tue, 06/05/2012 - 03:33 | 2495007 ebear
ebear's picture

Hey, it's the magic word.  Just say "caste system" and you win any argument with an Indian by default. Personally, I prefer a more overt "caste system" than the hidden one we have in the west.  Much easier to tell who your true enemies are.


Tue, 06/05/2012 - 00:59 | 2494865 JOYFUL
JOYFUL's picture

....Yer kiddin us, aintcha?....

new england, unfortunately our correspondent from the east is in no way an MDB...he's perfectly serious about playing the role of dupe for the cabbalist puppeteers...there's a long history of the scions of eastern elites who, disatisfied with their lot, travel west in search of bigger horizons, and later learn at the knees of (consistently hebraic) intellectuals to pose as liberators to their own masses, who they will then, with the success of their uprooting of the resident colonialists, learn to feed off of in the time honored manner of the eastern potentate.

It's a kind of scam like the AGW thing that the moneychangers push their dupes in the west to advance. Meanwhiles, welcome to the new ice age!

Nothin new under this ol sun...only the level of hypocrisy keeps hottin up!

Tue, 06/05/2012 - 01:10 | 2494870 Michael
Michael's picture

True Christianity has not been taught for over 1000 years, since the council of Nicaea I believe.

The Catholic Church transformed Christianity into a bunch of pagan Babylonian rituals and Idol worship.

I suppose if Yeshua the Messiah, my brother, was hanged from a noose as the capitol punishment of the day, we'd be worshiping someone swinging from a noose in church these days.

And this from someone who was brought up Catholic, Check this out on my Youtube channel;

The Lost Tomb of Jesus by James Cameron


Tue, 06/05/2012 - 01:21 | 2494893 Oh regional Indian
Oh regional Indian's picture

+ 1302 Michael...

On 18 November 1302, Pope Boniface VIII issued the Papal bull Unam sanctam[1] which historians[which?] consider one of the most extreme statements of Papal spiritual supremacy ever made. 

We are informed by the texts of the gospels that in this Church and in its power are two swords; namely, the spiritual and the temporal.


The bull ends:

Furthermore, we declare, we proclaim, we define that it is absolutely necessary for salvation that every human creature be subject to the Roman Pontiff.



Yes, that is right, Every human creature.

The Church is a business. AS is every temple or Sin-a-gouge.

Mommy, now he is throwing facts at!!!!

As an aside, I consider Hindu-ism and Islam-ism and Juda-ism in the same leaky ship, going down, the sooner the better.


Tue, 06/05/2012 - 01:55 | 2494950 Michael
Michael's picture

Watch for aristocrats and oligarchs entourages starting to fall apart and jump ship.

A sign.

Tue, 06/05/2012 - 08:20 | 2495289 fingulas
fingulas's picture

I beg to disagree...true Christianity (as taught in the 1st century) is alive and well here in Atlanta.


Listed to a LOT of his messages...his recent series "Christian" is very good.  Many of us now avoid calling ourselves Christens (not defined in the Bible) and instead refer to ourselves as "Disiples of Jesus", which is a more accurate term.

Tue, 06/05/2012 - 01:40 | 2494924 Don Diego
Don Diego's picture

you don't know what you are talking about my dravidian friend.

Tue, 06/05/2012 - 01:45 | 2494934 Oh regional Indian
Oh regional Indian's picture

Always open to being corrected/educated Don Diego. Point me to the light.

But say something. See above? I've probably studied more Christianity than 90% of Christians alive. 

Tell me something deep, not this drive by one-liner.


Tue, 06/05/2012 - 01:51 | 2494946 newengland
newengland's picture


Your assertion is no substitute for sound argument, and your claim to know more about Christianity etc reveals you as a bombastic fool; a creature of India's caste system whereby you imagine that your place in the word is pre-ordained. Eejit.

Tue, 06/05/2012 - 02:02 | 2494960 Oh regional Indian
Oh regional Indian's picture

Did you know about the Unam Sanctum Bull NE? Just say yes or no?

Or all the other Papal Bulls? Or the relationship between the Church and the Various orders of Templars?

Or all the other most holy and wArshipful orders?

And why bombastic? The Catholic church keeps it's sheep sheared and blind and un-questioning. And since I (born and raised Hindu) realized that we have lived, by choice or other-wise, the CAtholic bi-millinium, I studied...and read, and investigated and learned. And I find 100% of the Catholics I know COMPLETELY un-aware about where their religion sprang from. The 90% is a conservative number.

Religion is a Blind-fold and an Ear-muff and a Ball-in-mouth. 

Spirituality frees you of any messianic dependencies.



Tue, 06/05/2012 - 02:22 | 2494969 newengland
newengland's picture


I am a Protestant, and understand these matters well. These matters may be new to you, oh regional Indian of the caste system medieval ways, but not to me or mine.

That is why I enjoy the gift of Western culture, and you do not.

I'm sorry for your troubles, and perhaps you may reflect today on how to put your own house in order in India among your own people.

Ta ra.

Tue, 06/05/2012 - 02:48 | 2494983 Ghordius
Ghordius's picture

ORI, a bit of context. Unam Sanctam was issued in the 13th Century. People thought a bit differently, then. The Popes and the Emperors were still fighting for supremacy in the Holy Roman Empire, for example. Which was mostly a fight between governance in the romanistic fashion or in the frankish fashion.

Tue, 06/05/2012 - 05:30 | 2495061 Oh regional Indian
Oh regional Indian's picture

Ghordius, nothing has changed. It's only become worse.

Have you delved into the history of all Papal Bulls thereafter? If you have not, anything you say is without substance. Feelings don't count. 

A Papal Bull can never be overthurned, except by anothe piece of Papal Buill SHit.

Unam Sanctam has never been revoked.

The Vatican still runs by it/them. 

This IS the long plan people are fiightened of and willing to dismiss all too quickly because the implications are staggering.


PS: Looks like this supposed Libertarian Blog has but a few free thinkers. ANd for those that think this Religious discussion is OT or not in context, you have NO IDEA how or who is running this SHip of ownership, relationship, guardianship, trans-port, shipment....on and on and on.

The whore of Babylon, clad in Purple and Gold. Now go see pictures of the Vatican and Il Papas.

Tue, 06/05/2012 - 06:41 | 2495117 Ghordius
Ghordius's picture

LOL - yes, I am versed in the "Bulls of the Vatican" - less so in peple that take them seriously... ;-)

ORI, just this: if the Vatican had a FRACTION of the temporal power you ascribe to it... Oh, I'd be delighted! ;-)

Babylon? Is NOT on the Tiber, in this age, more on the Themse and the Hudson. Clad in gold and imperial purple...

Tue, 06/05/2012 - 06:50 | 2495126 Oh regional Indian
Oh regional Indian's picture

Ghordius, what you speak of is the sub-set, not the super-set.


Tue, 06/05/2012 - 07:01 | 2495133 GeneMarchbanks
GeneMarchbanks's picture

ORI, the antagonism you're getting is not without its reasons in spite of your contention that Catholics are attacking your premise.

You and i-dog detract from the real centers of influence by continually tying everything back to your preconceived ideas of all the sources for our present day Western ills. i-dog I can understand, he is fully entangled in Stockholm Syndrome while you, not being a Westerner, should at least be more skeptical to our ways of thinking, not less.

ps Libertarians are in full contradiction in regards to much of what they espouse as 'fact'.

Tue, 06/05/2012 - 03:36 | 2495013 ebear
ebear's picture


Bwahahaha.... I WIN!

Tue, 06/05/2012 - 06:49 | 2495124 Oh regional Indian
Oh regional Indian's picture

All the haters here have one arrow in their Quiver. Leaves them quivering.

Self-same haters have no knowledge, either of their own places and histories or of others.

So they say "Caste System" and think they "Scored"...


Tue, 06/05/2012 - 10:45 | 2495842 JOYFUL
JOYFUL's picture

...the haters?

yur victimhood is showing...

I think yu slipped up - and used yur last arrow!!

Wed, 06/06/2012 - 07:46 | 2498746 BluePill
BluePill's picture

Hey you fucking Troll Vivek Chaturvedi, you and your insanity is very much visible in this Web site


_Moron your WHITE AMerican Wife LEft you and fucked with another guy and you are so disappointed and became a Braindead buffalo


moreover you clown stop making filthy Youtube videos on your superstition , For your filthy Face Even if Lizard makes voice you regard it as truth


Moron you have taken the Name of Red indians and you assume youselves as indians


Fucker you are Hindu, and your Country's real name is BHARAT not india, river indus doesn't flow into your nation


Full of Fraud babas and Psuedo parasite scientists 


And more over fucker ,Who is getting kicked by outsourcing


Check out the frauds that Infosys and Satyam did in past few years


You fucking moron no one is afraid of Outsourcing I dont come from English speaking nation, my mother toungue is spanish


Get some life and stop cribbing that your WHITE wife left you because you are an Impotent micro penis Idiot


She might be having bigger ones than yours in her mouth


You are born from Filth, and you will always be filth


And more over Kolkatta had been  filthy City since Sirajuddoulah's period


Sirajuddoulah described Bengalis as most decadent animals and worse than human filth 


He is right and strangely a bengali moron is running your finance ministry and he will ruin the nation, and bengali spinster whore

Wrecked her own state


And another bengali bastard and hippie drug peddler Vivekananda Raped and sodomized women and he got HIV+ and died


Not many are aware of Fraud babas existing in your filthy hindu cult


Better Troll hard with Swami nityananda you can atleast fornicate with few actress


I heard that Hindu babas like you preach Spiritual bullshit and Drug young foreign women and Fornicate with them


Neem kareli baba,nityananda,Satya sai baba,Ravi shankar--i can go on  with this list


Do some hard work moron, rather than cribbing out british and economic collapse, search for some Brown buffalo as your second wife


You must be fortunate that atleast you have has a WHITE women for some period of your life


Ofcourse once 2008 economic recession hit your pocket your WHITE wife left your for another man and as you are an impotent idiot you have no skill other than updating excel sheet and sprouting your bullshit in a blog and making youtube videos+



I have seen your moronic blog and i understood that you are entering into baba business


Carry on clown , many are already in that business in India, now as some one who got foreign degree you will be in demand as moronic indians will lick even feces of White SKIN people, and you got a degree from white skin country


You worked as CEO for japanese company?, no wonder they went bust, you cant do anything you clown


You came to USA by learning some C++ programming in early 90's duped a WHITE girl and enjoyed but sadly you can't continue

Living here in USA


Now moron, find some brown stinky buffalo and worship her vagina you impotent micro penis indian 


Fucker its the same Attitude that got you no where and your wife ditched for same bullshitting that you do


Moron you have high very high intolerance , learn how to take criticism in life you brown cockroach 



Tue, 06/05/2012 - 00:03 | 2494780 newengland
newengland's picture


Germany's so-called 'Wise Men' want gold backed bonds, but the Latin bloc says no.


Mon, 06/04/2012 - 23:24 | 2494716 Oracle of Kypseli
Oracle of Kypseli's picture

And.. the Pope has his own balcony

Mon, 06/04/2012 - 23:29 | 2494725 Ookspay
Ookspay's picture

... and your point is?

Mon, 06/04/2012 - 23:53 | 2494768 Oh regional Indian
Oh regional Indian's picture

Pretty obvious, unless the religious aspect bothers you.

The Vatican has been at the heart of monkey-hammering the rest of the world for the better part of the last millenium.

And it is the richest establishment, EVER.

They count, monte Christo! ;-)


Tue, 06/05/2012 - 00:18 | 2494800 Votewithabullet
Votewithabullet's picture

WTF is so obvious? The church is crooked ( jesus suffered and now yer gonna suffer) , y the idiot balcony reference? yo no tolo contendre

Tue, 06/05/2012 - 00:39 | 2494826 newengland
newengland's picture

Vote with a downgrade ;-) There's more than one way to bring the pretty pets of politics to heel.

Jesus threw out the money changers whose oppressive ways impoverished the people.

He was not against traders. He was against the corrupt rulers.

Tue, 06/05/2012 - 00:28 | 2494818 JOYFUL
JOYFUL's picture

When the power of their Mongol allies was broken, and the trade routes to the east no longer their private monopoly, the Venetian banking oligarchy lost access to the great profits stemming from their arbitrage of the gold\silver trade, and turned to trade of another kind....first via their Dutch dupes, then the English who were easily inveigled into fronting for the moneychangers...

the oligarchs of the East, equally willing to betray their own kind for the shiny shekels cast their way, took up the other end of the drapery, becoming fellow handmaidens to the Khazarian talmudists tyranny.

this monkey-hammering of the Kettle by Mr. Pot(entate of Puerile Pontification)is fast becoming tiresome, and will henceforth be treated as the dissimulationist strategy it represents.

Tue, 06/05/2012 - 00:51 | 2494852 scaleindependent
scaleindependent's picture

Are you catholic?

Tue, 06/05/2012 - 01:08 | 2494877 Ahmeexnal
Ahmeexnal's picture

He's a fuckin papist.

Tue, 06/05/2012 - 01:25 | 2494898 Oh regional Indian
Oh regional Indian's picture

Worse, he is just plain LOST. And un-fortunately, he has a vocabulary and some idea of His-story that he is wedded to.

You have to be pretty pathetic if all you can do is attack individuals.

Quote me some authority Joyless. Your own ramblings are weak. Well worded but leaking like a seive.

Your slip is really showing now.


Tue, 06/05/2012 - 03:29 | 2495005 JOYFUL
JOYFUL's picture

Now that yu've been outted here as a pathetic shill of the moneypower, dressed up in all the glory of the traditional Indian fakir, yur getting shriller by the minute...keep goadin folks here ORI, yu won't get a nibble outta me, but I suspect that there are some barracudas here what are watchin a good snack sailin past at a snail's pace.... I offered yu peace, yu wanna play with knives...shoulda stuck to rope tricks.

Tue, 06/05/2012 - 04:21 | 2495033 Oh regional Indian
Oh regional Indian's picture

Haaaahaha!! SO says Joyless as he NIBBLES. Nibbling, dribbling words off your keyboard.

We are done here Joyless. The likes of you, two-faced, are best ignored.

The fact that I get under yoru thin skin should tell you something.

Look at you, up and down the post, trying to get a rise, something, you'd love to see Slooie and the rest of your brigade come out in supportive voice eh?

Frigging divisive human, pontificating like YOU have some handle on a truth.

Done and dusted mr.

You go yur way ;-)

I'll go mine.



Tue, 06/05/2012 - 05:43 | 2495073 JOYFUL
JOYFUL's picture

yur way appears to have been quite quikly reduced ORI to fancy word games and grade school name callin!

Oh my, how far yu have fallen, when placed in the light of day!

Thu, 06/07/2012 - 04:19 | 2498772 BluePill
BluePill's picture

My name is Oh regional Clown


I have been jobless for long


My White WIfe left me for a penis which is long 


I am entering into Baba Business for White Women


I have no skills other Than updating excel like most people at infosys and Satyam


Thanks to 90's Liberalization i moved out of Shit hole India


I was able to Fool a White Women and got a Great gift (White women) in my cockroach brown life


2008 hit me so hard in pocket, all my life i worked to service my WHITE lady


Now i am bankrupt and have no place to go, came back to my Lavotary(india) as i am a cockroach 


Discovered many in my boat, Added science and Superstition and made few videos on youtube and started writing a Blog


Getting hard to get some Job and pay scale same as in USA, Impotent for so long but WHITE wife tolerated as i made money through Indian Lobby in USA


Did masters Degree 10 years ago and this proves my Credentials as i am Science BABA


Now having acquired few Fraud skills and a Technical degree in Bullshitting, I am trying desperately to enter into some Profession


With no skills and no Future and even No partner --i am a hopeless frustrated intolerant Indian,millions are in same boat like me


Our country (India)is land of degenrate and Sub human filth, and our purpose is pollute the planet like we pollute our nation by defecating in Open air and Smelling Shit and dreaming spirituality


I have no purpose in my life as my skills are obselete no one is hiring me and no women is seeking me


Currently i am jobless living on my savings and day dreaming like millions of indians have been doing since past 1000 years of our Parasitic existence


My name is vivek chaturvedi


Vivek means Knowledge


Chatur-Means Cunning knavish,Backstabber

Vedi---Speaks more about Non materialism


I am doing my deeds according to my Name


Using acquired knowledge in USA, mixing it with supersitition fooling ignorant masses like millions of babas do


And trying to make big in BABA business


---Thanks for Reading my Biography 


Your Vivek Chaturvedi--Oh Regional Parasite Indian

Tue, 06/05/2012 - 05:38 | 2495071 JOYFUL
JOYFUL's picture

R U dyslexic, or just standing upside down in a yogic pose?

I'm as catholic as the pope, n he's a freakin satanist! Were yu born after the internet was invented by AL GORE????????

LOL(what it used to mean!) 383 -look it up!

Tue, 06/05/2012 - 06:11 | 2495094 JOYFUL
JOYFUL's picture


those last down arrows arrived so fast yu must be glued to the screen now Vivek....action stations!

dive dive!

Sweatin or wettin?

Either way, yu better call the chibots in quick...

Tue, 06/05/2012 - 06:46 | 2495122 Oh regional Indian
Oh regional Indian's picture

Why do you keep taking my first name on this supposedly anonymous board you spineless asshole??

It's ORI to you, got that? It's Vivek for friends.

Fucking shame on you. You did it yesterday too.

I have nothign to hide, I'm not an anonymous poster, I blog my views openly, sans fear.

You are a no one, hiding behind a mis-nomer of a handle.

Go herd your sheep and take a good drag of your kif. 

When you wake up one day with your forked tongue swollen with it's duplicity, remember this.



Tue, 06/05/2012 - 13:44 | 2496476 JOYFUL
JOYFUL's picture

terrible lot of 'fucks' in yur dialogue here of late...

could it indicate that yu are angry at someone? I believe that it does, and when politely challenged to explain why, over the course of one week, yu upped the aggro and became obsessed with covering up for the absence of that explantion with more and more cussing n fussing...

so here we are.  Though you've insisted on making yur presence here a veritable neon billboard for the blog yu run, somehow yu are now shy to see yur name pronounced here as it is there? Why would that be?  Yu've staked yur claim here to being able to tell others what to think, what to study, what's wrong with white folks, and why yur somehow better....and now yur suddenly ashamed to be known as the author of these brilliant polemics?

I luv to read the adjectives that yu insert in yur most shrill moments, because they always give a hint to what's goin on inside U!!!!...spineless is a particulary good one! Wouldn't it be a good idea for yu to get a grip at some point soon in this long slide into frothing inconsequence?

Really, yu can stop this at any yu please!








Tue, 06/05/2012 - 11:25 | 2496010 RallyRoundTheFamily
RallyRoundTheFamily's picture


Im not a chibot, and some of your posts are stupid and hateful.

Tue, 06/05/2012 - 13:50 | 2496503 JOYFUL
JOYFUL's picture

thank you for yur insight, but I'm not sure that we share the same experience of household chores....

sometimes when cleaning up a mess, it's necessary to get as dirty as ones surroundings...

ps...I feel no hatred whatsoever, but I don't mind acting as a mirror sometimes for others to see their reflections.

Tue, 06/05/2012 - 01:22 | 2494892 JOYFUL
JOYFUL's picture

Orange as the sun is bright ol sock! Stories come down in the family of the barrels that they put our people into fore thrown them into the river -St Bart's Day Massacre...Paisleyite bred in the bone...feel sick everytime I ever walked into one of their cathedrals....

that said, I got no truck with people sowin division amongst us...with the shitstorm approaching, we gotta close ranks now, an fast....I'll stand beside a Catholic brother to fight together against the moneypower's genocidal plans for our collective end long before I'll take anymore bs from a pompous pirate whose pretty turns of phrase mask a deadly effort to keep us weak n divided...just like they do to the Muzzies...

in fact, I'll stand with a Muslim brother n fight too, if that's what it take to clean out the den of thieves and their 'fakir' sidekicks. Here's what folks need to know...the Catholic church was corrupted from within by cyrpto-jews of the banking oligarchy who have used it as their front ever since for a serial debasment of European culture n values...that culture ain't perfect - by a long shot! - but it's responsible for most of the humanistic values which have kept us from descending into the total jungle of barbarity that awaits us if the agendas of the oracles of the east here have their way!

Tue, 06/05/2012 - 02:06 | 2494962 Oh regional Indian
Oh regional Indian's picture

"descending into the total jungle of barbarity that awaits us if the agendas of the oracles of the east here have their way!"

Joyless shows his true colours.



Tue, 06/05/2012 - 03:15 | 2494998 JOYFUL
JOYFUL's picture

does that me yur finished now?!? Might as well, cause I think yu've opened the spigot oh oracular one.

my colors are tru indeed...universal brotherhood of man versus yur divisive bullshit here.

yu who spent an entire week here burning bridges and breakin bonds are now starting whign about the success of yur own strange campaign to too yurself up accident yu keep harping on the word 'hypocrisy' in yur plaintive missives from the bed of nails yur lying on now!

But keep it goin, if yu wanna...yu blow up real good!

Tue, 06/05/2012 - 03:38 | 2495016 ebear
ebear's picture

or something

Tue, 06/05/2012 - 00:07 | 2494785 newengland
newengland's picture

10% from the poor herd is less than a wealthy hedge fund makes, and the Vatican bank is bust by its mal-investment, and somewhat compromised by its connections to the mafia and the globalist central bank cartel.   Think about that.

Tue, 06/05/2012 - 01:24 | 2494897 Savvy
Savvy's picture

There's three of them, The Vatican -religion, The City (London) -finance, and Washington D.C. -military. An unholy trinity if ever there was one.

Tue, 06/05/2012 - 06:43 | 2495119 Ricky Bobby
Ricky Bobby's picture

You need to add Wallstreet and Hollywood and now you have an Unholy Pentagram.

Tue, 06/05/2012 - 01:41 | 2494926 overqualified
overqualified's picture

Actually the decima was the typical 10% taxation under feudalism (which might seem utopistically low now). Possibly a similar amount is collected by the mafia for "protection" as pizzo in the areas which controls.

And the Vatican collects absolutely 100% of the money collected by its churches; moreover its fabolous real estate property is tax-free (even if used for commercial purposes), and moreover it receives billions of euro each year from the bankrupt italian government. 

Tue, 06/05/2012 - 01:46 | 2494937 newengland
newengland's picture

And how much money does dual Israeli-American citizenship gift the Zionists? Hmmm?

A man cannot serve two masters, so which one does the dual Israeli-American serve?

Tue, 06/05/2012 - 06:45 | 2495120 Ricky Bobby
Ricky Bobby's picture

Hey I am Irish American can I have a dual citizenship?

Tue, 06/05/2012 - 07:26 | 2495169 Clark80
Clark80's picture

@BKBroiler:  NOT TRUE. I am on my church's finance committee. The only "tax" we pay is 7.5% to the diocese on collections and select donations. Certain specified donations (i.e. for the food pantry etc) are not taxed at all. Nothing we collect goes directly to the Vatican except for the one "special" collection annually for Peter Pence.

Tue, 06/05/2012 - 00:18 | 2494804 BankRiot
BankRiot's picture

Lord Jacob Rothschild confronted by WE ARE CHANGE:

Take a good look at:

1:23 Rothschild looks challenged as he is told that the New World Order has no legitimacy.

1:35 Rothschild gives the "okay you got me look" when he is accused of looting the economy with the Federal Reserve.

Tue, 06/05/2012 - 00:21 | 2494810 newengland
newengland's picture


You're a very smart young person, aint'cha. Carry on ;-)

Tue, 06/05/2012 - 01:11 | 2494882 Milton Waddams
Milton Waddams's picture

Rothchild looks more like your standard old, (possibly) drunk dude that just attended a 'society function' and was side-swiped with curveball questions regarding his family's influence on global finance.

Were I him I would have said something to the effect of "gentleman, why do you insist on harshing my buzz?".  And then speed away in my limo. 

Tue, 06/05/2012 - 01:44 | 2494932 newengland
newengland's picture

Funny, MIlton ;-) However, don't let that nice ol' boy schtick from the Rothschilds fool you. They are mean money Big Brother government loving slave drivers.

Tue, 06/05/2012 - 00:52 | 2494856 Ineverslice
Ineverslice's picture

Yes to the Buger King, aka Miguele Corleone....Italy has googols of mula.

Remember the triangle of power:  D.C - London - Vatican

Tue, 06/05/2012 - 06:15 | 2495096 sessinpo
sessinpo's picture

The Vatican itself is going to fall. Prophesized. A corrupted church and the rise of the antichrist.

Tue, 06/05/2012 - 08:21 | 2495293 Bogdog
Bogdog's picture

The Pope is supposed to eventually lead us on the new Crusade against the Caliphate. We must continue to fund his war coffers.

Mon, 06/04/2012 - 22:58 | 2494658 Ahmeexnal
Ahmeexnal's picture

Signore Monti had his own bunga bunga parties, that's where all the euros ended up.

At least he's spreading the wealth to some professions....well...just one.

Mon, 06/04/2012 - 23:10 | 2494684 mkhs
mkhs's picture

No coke, just pepsi?

Mon, 06/04/2012 - 23:18 | 2494701 LeonardoFibonacci
LeonardoFibonacci's picture

Veyron wrote "When will that leaning tower of Pisa fall?"

My answer: When your "mamma" makes you Chef Boyardee ravioli in a can!!!!

Tue, 06/05/2012 - 00:20 | 2494807 BankRiot
BankRiot's picture

Lord Jacob Rothschild confronted by WE ARE CHANGE:

Take a good look at:

1:23 Rothschild looks challenged as he is told that the New World Order has no legitimacy.

1:35 Rothschild gives the "okay you got me look" when he is accused of looting the economy with the Federal Reserve.

Mon, 06/04/2012 - 22:55 | 2494650 Timmay
Timmay's picture

When the bullets start flying, whose side will Germany be on?

Mon, 06/04/2012 - 23:06 | 2494673 Newsboy
Newsboy's picture

Germany is the Center.

Can the Center hold?

Mon, 06/04/2012 - 23:22 | 2494711 icanhasbailout
icanhasbailout's picture

I love this game


I move Pawn to King negative 48 billion


Mon, 06/04/2012 - 23:51 | 2494764 Oh regional Indian
Oh regional Indian's picture

The pawn's are Broke(n).

They got socialized.


Mon, 06/04/2012 - 23:08 | 2494674 Number 156
Number 156's picture

When the bullets start flying, whose side will Germany be on?

Funny thing is, they will discover that after the hostilities, there was nothing left to fight over.

Mon, 06/04/2012 - 23:23 | 2494714 Peter Pan
Peter Pan's picture

It looks like history will repeat itself and Italy will be letting Germany down once again as they did in WWII. If memory serves me correctly, the Germans shot a few Italians last time. This time round the Germans will be shooting themselves in the foot if they persist with this European experiment in mutual economic genocide.

Tue, 06/05/2012 - 01:12 | 2494883 Sandmann
Sandmann's picture

The Italians had first dragged the Germans into North Africa and Greece to bail them out there

Tue, 06/05/2012 - 06:57 | 2495132 lakecity55
lakecity55's picture

Hitler was poised to be able to capture all of the Med, but was too impatient to attack Russia. Had he sealed off Egypt from the British, he could have held off the invasion of north Africa.

But by then his meglomania was so inflamed, he figured he could do it all.

Backing the Italian failures, he lost precious time in invading Russia.

Stalin was not expecting a German attack. Hitler could have won had he been patient and rolled up Africa, consolodated his wins, then attacked Russia early the next spring (1942).

If the Euro goes down big, all these tensions will pop up again between the euro guys.

Mon, 06/04/2012 - 22:56 | 2494651 Conman
Conman's picture

Oh well not an issue until it is, meanwhile the MSM would rather focus on markets in asia soaring because of expectations of a conference call? Retardo.

Mon, 06/04/2012 - 23:05 | 2494653 newengland
newengland's picture

Italy was a game changer last year, although the media failed to see it. Dalio is correct, and forsaw this long ago. He also likes gold, btw.

Italy now has a former Goldman Sachs man technocratic 'leader', as a replacement for Bunga Bunga whose party still has biggest sway. 

Greece, Spain and the rest. F'get about it. Italy is the game changer.

Mon, 06/04/2012 - 23:48 | 2494760 CloseToTheEdge
CloseToTheEdge's picture

"Once these clouds are dispelled, hopefully with the phasing out of the Greek crisis, I believe a more mature view will be possible by both camps."



Tue, 06/05/2012 - 00:19 | 2494806 newengland
newengland's picture


Yep. Jerks, they are. Soon to be very poor footnotes in the money history. Pity they will ruin trusting ordinary people for their vanity.

Mon, 06/04/2012 - 22:57 | 2494654 CURWAR2012
CURWAR2012's picture

Holy shit Batman, we have a government zombie attack!

Tue, 06/05/2012 - 06:52 | 2495128 potlatch
potlatch's picture

the virus will not start in the government

Mon, 06/04/2012 - 22:57 | 2494655 Let The Wurlitz...
Let The Wurlitzer Play's picture

I would be more than happy to help the Italians with their funding.  Is all they have to do is sell me Berninis Elephant that is sitting outside the pantheon.  They dont need it anyways.


Mon, 06/04/2012 - 22:59 | 2494661 lolmao500
lolmao500's picture

The ECB needs to give more money then! How long will it take them to add a few zeros on their computer program?? A second or two? All of it can be solved easily.

Mon, 06/04/2012 - 22:59 | 2494664 Bennyandthejets
Bennyandthejets's picture

Will Germany please re-introduce the mark and let the ladies print until their hearts are content?   

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