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Berlusconi Blames Stock Market Volatility On Cocaine Abuse By Traders

Tyler Durden's picture




 

Just when we thought the most ridiculous thing one could expect from the market was another "all shall be well" rumor from Merkozy (with details pending of course), and the algos naturally falling for it in what is set to be a record low volume session, here comes Italy and shows just how horribly wrong we were. From Bloomberg: "Italian Prime Minister Silvio Berlusconi's Undersecretary Carlo Giovanardi said the government will study if it's feasible to conduct drug tests on stock-exchange traders, with the help of the Milan Bourse and the country's market regulator. Giovanardi, who is in charge of family policy and drug prevention, said that the abuse of drugs including cocaine might explain part of recent stock volatility." And there you have it: cut out the Cocaine abuse by traders and all shall be well in the stock market, and retail will be delighted to flood right back in and throw what little money it has left into the grand global ponzi. We are not quite sure what binary stimulant will be used to explain the HFT-driven volatility - after all, and especially on days like today, about 80% of market volume is purely robotic, but we are confident Carlo will figure something out. And that, ladies and gentlemen, is how you deflect attention from market volatility as a byproduct of being a hooker-addicted pederast who blew up a country's economy.

Carlo's interview for our Italian readers.

h/t Paolo

 

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Mon, 10/10/2011 - 10:24 | 1757333 winter is coming
winter is coming's picture

Fucking crash already. 

Mon, 10/10/2011 - 10:30 | 1757361 HelluvaEngineer
HelluvaEngineer's picture

Remove the concaine and the market would be crashing today.  Who would buy the market today except for the balls to the wall high on coke crowd?

Mon, 10/10/2011 - 10:33 | 1757366 Pladizow
Pladizow's picture

If you wanna ride, ride the white horse!

I dont like cocaine, I just like the smell of it!

Mon, 10/10/2011 - 10:39 | 1757391 WonderDawg
WonderDawg's picture

Brother, can you spare a line?

Mon, 10/10/2011 - 10:49 | 1757437 espirit
espirit's picture

Blame the Cocaine?  Next it will be Ukrainian Hookers, after the weather of course.

Mon, 10/10/2011 - 12:00 | 1757513 MisterMousePotato
MisterMousePotato's picture

C'mon. Berlusconi is, at worst, technically a pedophile. Catholic priests are pederasts. Big difference.

Mon, 10/10/2011 - 12:12 | 1757766 Ghordius
Ghordius's picture

hahaha. I'm really impressed at all this fun..

"Berlusconi Blames Cocaine..."

this fucking retard "the most honorable Senator of the Italian Republic Mr. Carlo Giovanardi" is a right-wing fucktard that got into the cabinet with a sinecure in order to appease the italian hillbillies.

- he is known for all kind of idiotic talk - he just got in a row with IKEA on the "definition of family" (some ad was too gayfriendly for his tastes)

- this still does not justify a headline like "Berlusconi blames Cocaine..." ZH, this is tabloid manners usually connected to Murdoch's goons

- the "warning" might be more serious than you think, most of you ZeroHeads are used to nations protecting private interests, well, think again, Italy has oscillated between Communism and Fascism since it's inception, a "morality crackdown" is quite possible - after all Murdoch has isolated Italy from all kinds of "normal journalistic approaches"...

Oh, I missed the cherry on the top

" ...byproduct of being a hooker-addicted pederast who blew up a country's economy."

Really? So he blew up the economy? By doing what? A nearly-balanced-budget? Tyler, you give an awful lot of credit (or debit) to one PM.

Mon, 10/10/2011 - 14:38 | 1758418 sgt_doom
sgt_doom's picture

In all seriousness, to anyone who chooses to do the research, simply look into how many present and past employees of the Federal Reserve System (USA) have had nasal passage replacement operations.

Truly, truly shocking....

Mon, 10/10/2011 - 10:48 | 1757422 bartek
bartek's picture

It got me thinking how we could easily fix the economy. Simply legalize cocaine so that housing prices can go up again. Then people would use equity withdrawals to buy more cocaine which would make them bid up house prices even higher. With house prices sky high everybody will be so rich that they will get into the top 1% !

Mon, 10/10/2011 - 10:56 | 1757465 Nascent_Variable
Nascent_Variable's picture

Bank executives would burn through their supply and demand a cocaine bailout from Columbia.

Mon, 10/10/2011 - 11:16 | 1757558 Dr. Richard Head
Dr. Richard Head's picture

Why not?  Wells Fargo accepted bailout money and other perks while laundering Mexican drug cartel money - http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html

Mon, 10/10/2011 - 11:32 | 1757632 Careless Whisper
Careless Whisper's picture

No, the laundering of the $375 Billion drug money came first. That was 2004-2007. After that stoppped, due to the Wachovia funded 6 ton cocaine DC-9 crash, that's when the bailout occured.

Mon, 10/10/2011 - 13:32 | 1758122 Quaderratic Probing
Quaderratic Probing's picture

HFT processor cores to be made of Cocaine replacing Silicon. Super high liquidity then.

Mon, 10/10/2011 - 10:32 | 1757368 Great Unwashed
Great Unwashed's picture

The fact that you and many others are eager for a crash is precisely why it has not occured. Crashes take people off guard.

Mon, 10/10/2011 - 13:31 | 1758120 TeresaE
TeresaE's picture

Only some people off guard.  A tireless minority changed the history of our country and 70% of the inhabitants at that time probably didn't see it coming.

The internet is upping the percent that can see what will happen this time.

It is going to happen, when it happens.  Some will "call" the timing correctly - the law of averages.

But really, does it matter?  The only time to preserve what you have left is when you still have it. 

History shows that those thinking they can time the market are usually wrong.

Yesterday (as in years back) was my day to prepare, I quit caring about this corrupted, fraud-ed, HFT market long ago.

And I'll still have what I have, those banking on "gains" will hope to be so lucky.

Mon, 10/10/2011 - 11:19 | 1757578 dracos_ghost
dracos_ghost's picture

Market ain't gonna crash. The best trade is to apply logic and do the exact opposite.

Mon, 10/10/2011 - 11:33 | 1757634 EvryInternational
EvryInternational's picture

In real terms, it has never stopped crashing since the top in 2000....

Mon, 10/10/2011 - 12:06 | 1757770 Goldenballs
Goldenballs's picture

Cocaine and dodgy living,a million miles away from his life,my arse !!!!!!!!

Mon, 10/10/2011 - 12:27 | 1757852 krispkritter
krispkritter's picture

+1 8-ball

-1 Screwball(Berlusconi)

Mon, 10/10/2011 - 13:12 | 1758049 covert
covert's picture

maybe he should be drug tested because of false presumptions?

http://expose2.wordpress.com

 

Mon, 10/10/2011 - 18:21 | 1759257 Wakanda
Wakanda's picture

Gotta wait until next weekend - then SHTF

Mon, 10/10/2011 - 10:25 | 1757336 Paralympic Equity
Paralympic Equity's picture

Bunga, bunga bitchezzz...

Mon, 10/10/2011 - 10:26 | 1757337 SheepDog-One
SheepDog-One's picture

Traders....what are you all on DOPE??

jeff spicoli battles mr hand part 2 - YouTube

Mon, 10/10/2011 - 10:26 | 1757338 Racer
Racer's picture

Truly amazing.... I am so stunned at how ridiculous that statement is

They are as brainless as the HFTs

Mon, 10/10/2011 - 10:45 | 1757424 EscapeKey
EscapeKey's picture

On the contraty, it's the most reasonable suggestion yet.

Mon, 10/10/2011 - 11:05 | 1757495 jekyll island
jekyll island's picture

I like what this italian guy is saying.  Let's bring him over and put him in charge of DHS, test all the people receiving welfare and food stamps.  If it shows blow, you don't get no dough, bitchez.  

Mon, 10/10/2011 - 11:23 | 1757596 karzai_luver
karzai_luver's picture

Dood, have you SEEN the peeps on the snap?

 

They are not doing coke that would be an instant death as they are not healthy enough to tolerate the drug.

 

The gvt SHOULD hand out free coke with the snap cards, within a years time the snap would be dropping like a rock!

 

hahah

 

Mon, 10/10/2011 - 13:21 | 1758075 jekyll island
jekyll island's picture

You underestimate the resilience of the peeps, my friend.  You can kill a flower, you can't kill a weed.  

Mon, 10/10/2011 - 11:16 | 1757566 karzai_luver
karzai_luver's picture

Way past time for this drug testing.

 

Since the "markets" are nothing more than a gvt propped sham then it is only natural that the employees should be tested just as gvt employees are tested.

 

And the gvt pay scale should be imposed.

 

I would say around a GS-12 wage.

 

 

Mon, 10/10/2011 - 11:55 | 1757716 Dreadker
Dreadker's picture

rofl to GS-12 wages... When i left the military i was offered a GS-13 position and was pleased until i saw the salary band and replied

"Fuck that!  If i'm gonna be a wage slave, it'll be for more ponzi toilet paper than you're offering!"

Mon, 10/10/2011 - 10:48 | 1757433 Eeyores Enigma
Eeyores Enigma's picture

Could it be the Singularity?

 

Some trader hides his stash in the tower of his HFT super-computer and the computer likes it....

Mon, 10/10/2011 - 12:00 | 1757744 NotApplicable
NotApplicable's picture

Perhaps. I was just going to say the feedback loops are HFT's on crack.

The nice thing about infinity, I guess, is that it happens all at once.

Mon, 10/10/2011 - 10:26 | 1757339 Don Birnam
Mon, 10/10/2011 - 10:27 | 1757341 Zonker
Zonker's picture

Bond traders been tooting on the job for years!

Mon, 10/10/2011 - 10:27 | 1757342 tmosley
tmosley's picture

I'm Doctor Rockso, the Rock and Roll Trader!  I do COCAINE!

Mon, 10/10/2011 - 10:27 | 1757343 Edward Fiatski
Edward Fiatski's picture

Sniff, sniff.

Mon, 10/10/2011 - 10:30 | 1757359 RemiG2010
RemiG2010's picture

Admit it! You feel much better now, don't you? ;)

Mon, 10/10/2011 - 10:35 | 1757378 Edward Fiatski
Edward Fiatski's picture

Sure am, brother! About to buy some EUR calls.

/sarc

Mon, 10/10/2011 - 10:27 | 1757344 buzzsaw99
buzzsaw99's picture

excuse me, but shouldn't we being giving them more cocaine?

Mon, 10/10/2011 - 10:39 | 1757380 Raynja
Raynja's picture

Berlusconi wants all the traders to spend their money on underage prostitutes so they are too busy to sell.

Mon, 10/10/2011 - 11:12 | 1757524 HardlyZero
HardlyZero's picture

Gotta keep his (street level) economy above water.

Are they going to test the politicians too ?

Mon, 10/10/2011 - 10:50 | 1757443 BorisTheBlade
BorisTheBlade's picture

Nothing will be left for politicians. Berlusconi is only suggesting traders to switch from cocaine to heroine, there's a supply glut in Afghanistan.

Mon, 10/10/2011 - 10:28 | 1757345 SeverinSlade
SeverinSlade's picture

I don't know, he may be on to something.  This market only makes sense to people that are high on hopium.

Mon, 10/10/2011 - 10:44 | 1757410 WonderDawg
WonderDawg's picture

When the hopium runs out, they'll turn to despairium, which is what I'm selling.

Mon, 10/10/2011 - 10:28 | 1757346 El Gordo
El Gordo's picture

I hate to tell him, but it's not the traders that are buzzed up - it's the buyers.  No one in his right mind would be a buyer, so it must be someone living in never never land.

Mon, 10/10/2011 - 10:28 | 1757348 GolfHatesMe
GolfHatesMe's picture

What's a Pederast, Walter?

Shut the Fuck up Donny!

Mon, 10/10/2011 - 10:28 | 1757349 Wakanda
Wakanda's picture

Bunga Bunga!

Maybe the robots are snorting in the server room!

7 days until Black Monday II

Mon, 10/10/2011 - 10:28 | 1757350 Scipionz
Scipionz's picture

I need a fix....

Mon, 10/10/2011 - 10:28 | 1757352 vato poco
vato poco's picture

"Hello, Kettle? This is The Pot. You're BLACK!"

Mon, 10/10/2011 - 10:34 | 1757357 Dr. Engali
Dr. Engali's picture

So are we going to be up 1,000 points before the day is over? The robots have gone crazy. Maybe they are on drugs.

Mon, 10/10/2011 - 10:30 | 1757362 Irish66
Irish66's picture

I laughed so hard, I got short of breath and now I feel high

Mon, 10/10/2011 - 10:32 | 1757367 nmewn
nmewn's picture

Coke without hookers?

Mon, 10/10/2011 - 10:33 | 1757370 mfoste1
mfoste1's picture

this is possibly the most ludacris claim ever made

Mon, 10/10/2011 - 10:33 | 1757371 Bansters-in-my-...
Bansters-in-my- feces's picture

Cocaine Algos...

Mon, 10/10/2011 - 10:34 | 1757376 Gordon Freeman
Gordon Freeman's picture

Maybe Berlusconi's nonsensical, erratic, and disastrous "leadership" can be chalked up to "pussy fever", and an antidote can be admistered, prior to the total collapse...

Mon, 10/10/2011 - 10:45 | 1757417 BigJim
BigJim's picture

I'd be very surprised if Berlusconi tested negative to cocaine.

Or syphilis, gonorrhea, or HPV either, for that matter.

Mon, 10/10/2011 - 10:35 | 1757379 RobotTrader
RobotTrader's picture

Too much Red Bull, Monster Energy, Rockstar, etc.

LOL......

Too many 19-year old traders getting horsewhipped into a frenzy by ex-playboy models turned into floor supervisors.

"If its going up, buy it!"

"If its going down, sell it!"

Mon, 10/10/2011 - 10:36 | 1757381 Tense INDIAN
Tense INDIAN's picture

todays rally can only be explained if we look at the Dollar index....down 1.2% now....inspite of the Spain and other downgrades ...and Dexia stock Plunge ...markets are up...so all that matters is the value of the funding entity

Mon, 10/10/2011 - 10:39 | 1757388 SheepDog-One
SheepDog-One's picture

Even with stock markets gone gonzo up, its a wash.

Mon, 10/10/2011 - 10:37 | 1757384 Seasmoke
Seasmoke's picture

Just Say No !

Mon, 10/10/2011 - 10:38 | 1757386 fuu
fuu's picture

This should be bullish for the dollar. All those $100 tubes wear out after a while.

Mon, 10/10/2011 - 10:38 | 1757387 Dr. Engali
Dr. Engali's picture

Hey isn't this the 10th? I thought anonymous was supposed to wipe the NYSE off the internet? Well, where are they?

 

Mon, 10/10/2011 - 10:39 | 1757392 SheepDog-One
SheepDog-One's picture

I posted a link LAST Monday proving it was fake.

Mon, 10/10/2011 - 10:40 | 1757396 digalert
digalert's picture

I wonder if this cocaine comes from the Mexican drug cartels? The cartels that the DEA/BATF exchange guns and USD's with. The USD drug money that's laundered by JPM. That cocaine?

Mon, 10/10/2011 - 10:41 | 1757400 alien-IQ
alien-IQ's picture

ok...now I've heard it all.

Mon, 10/10/2011 - 10:42 | 1757401 Careless Whisper
Careless Whisper's picture

I think he's right and I think that everyone that works for a global bank should undergo random drug testing.

Mon, 10/10/2011 - 10:47 | 1757429 BigJim
BigJim's picture

I think everyone who works for government should undergo random drug testing.

There, fixed it ferya!

Mon, 10/10/2011 - 13:38 | 1758144 TeresaE
TeresaE's picture

You including legal drugs?

Half the people I know are walking around legally stoned on multiple pills.  Most are paid for by the damn government.

The irony of this thinking.

Legalize, standardize, control and tax the shit out of it. 

Or continue piling on un-payable mandates and wonder why the world is burning around you as the police state jumps into high gear, while ignoring the subsidized, and no less dangerous, pharmaceuticals laying waste to people.

Unbelievable how blind we choose to be.

Choose nature over manmade chemicals.  Starve the beast(s) of government.

Mon, 10/10/2011 - 10:42 | 1757402 Catullus
Catullus's picture

I'm pretty sure governments are the leading cause of death all-time.

Mon, 10/10/2011 - 10:42 | 1757403 marcusfenix
marcusfenix's picture

wow here it is only Monday and we already have our retard of the week award locked in...

he is also now in the running for the yearly prize with this one.

unfortunately he has a lot of competition, there are literally hundreds of candidates

the list is long but distinguished...

Mon, 10/10/2011 - 10:51 | 1757448 Wakanda
Wakanda's picture

The week is still young.  I'm bullish on higher retard before Saturday.

Mon, 10/10/2011 - 10:42 | 1757406 Caviar Emptor
Caviar Emptor's picture

Guys, the stock market is only a money printing index now. And we got Lots of new money coming online very soon to bail out the govs that bailed out the banks

Mon, 10/10/2011 - 13:40 | 1758151 TeresaE
TeresaE's picture

Well said.

Way too simple for most though.  Many will think they are rich as their dollar plummets and stocks (initially) go up.

Fiat on.

Mon, 10/10/2011 - 10:50 | 1757408 Josh Randall
Mon, 10/10/2011 - 14:19 | 1758340 Gringo Viejo
Gringo Viejo's picture

Josh...thx. I needed a laugh. Too fucking talented this guy!

Mon, 10/10/2011 - 10:44 | 1757412 teraman
teraman's picture

Skiing the slopes early this year

 

Mon, 10/10/2011 - 10:45 | 1757421 johnnymustardseed
johnnymustardseed's picture

Berlusconi "In this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the woman."

Mon, 10/10/2011 - 11:28 | 1757574 HardlyZero
HardlyZero's picture

The new trifecta: Silvio, Merkel, Sarkozy.

What a 3-headed hydra/chimera into the homestretch !!     

... to finally meet at the finish line the IMF Medusa (Christine Lagarde).

The credit markets will freeze up and turn to stone...

Before October 23rd...13 days away for numerologist analysis.

Mon, 10/10/2011 - 10:46 | 1757426 Freewheelin Franklin
Freewheelin Franklin's picture

Bitches and blow, bitchez

Mon, 10/10/2011 - 10:47 | 1757430 Freewheelin Franklin
Freewheelin Franklin's picture

Damn, I forgot. He's the one with the bitches.

Mon, 10/10/2011 - 10:46 | 1757427 monopoly
monopoly's picture

I knew there was a good fundamental reason for the volatility. I just knew it. Now, it all makes sense.

Mon, 10/10/2011 - 11:41 | 1757657 espirit
espirit's picture

https://www.bitchesandblowdownonthetradingfloor.com/howlowcanitgo/

jus' kiddin on the link, not on the concept.

 

Mon, 10/10/2011 - 10:47 | 1757431 Scalaris
Scalaris's picture

Wouldn't be surprised - it's a hell of a drug.

Mon, 10/10/2011 - 10:48 | 1757434 ziggy59
ziggy59's picture

well it must be true...i saw it on the Turds- blythe ruppert monkey video that the morgue does do coke and hookers.

 

well when you have a roulette wheel of excuses for why the keynesian world is ending...it gotta come up coke and hookers some time

Mon, 10/10/2011 - 10:49 | 1757438 Fluffybunny
Fluffybunny's picture

Sounds a bit like Gaddafi blaming the actions of the Rebels on hallusogenics.

Mon, 10/10/2011 - 11:24 | 1757602 topcallingtroll
topcallingtroll's picture

Hallucinogens in the kid's Ovaltine.

More Ovaltine please!

The whole war was pure camp.

Mon, 10/10/2011 - 10:53 | 1757445 Dumpster Fire
Dumpster Fire's picture

Giovanardi, who is in charge of family policy and drug prevention

 

Just another worthless motherfucker talking his book.

Mon, 10/10/2011 - 10:51 | 1757447 Catullus
Catullus's picture

An all-time classic:

http://www.economicpolicyjournal.com/2011/10/berlusconi-over-top-sexual-...

Berlusconi says Merkle has an unfuckable fat ass. Rally on. This bailout is going to fall through. Honestly, this is madness.

Mon, 10/10/2011 - 11:10 | 1757522 jekyll island
jekyll island's picture

Well, she kinda is.  Unless you're on cocaine.  

Mon, 10/10/2011 - 10:52 | 1757450 Caviar Emptor
Caviar Emptor's picture

Obama has trillion-dollar stimulus about to come online, the Fed is still doing POMOs and QE lite, now the ECB is going to need trillions. And soon enough so will China, maybe Brazil. 

Maybe those traders are on to something: "Coke: I't the real thing" 

Mon, 10/10/2011 - 11:34 | 1757630 HardlyZero
HardlyZero's picture

Obama ... stimulus... about to come online.  Is that with or without teleprompter (i.e. fluffer) ?

Scenario similar to Caligula.

Mon, 10/10/2011 - 10:53 | 1757455 Schmuck Raker
Schmuck Raker's picture

Welcome to Italy:

"  Hi, come on in! Drugs to the right, hookers to the left. "

Mon, 10/10/2011 - 10:57 | 1757467 Father Lucifer
Father Lucifer's picture

I don't like the drugs but the drugs like me.

Mon, 10/10/2011 - 10:58 | 1757474 Scipionz
Scipionz's picture

Ever heard of what the doctor of the Kennedy family was giving to them?

As  most politician at that time... I need a fix.

Mon, 10/10/2011 - 11:13 | 1757545 jekyll island
jekyll island's picture

It boogles my mind that any physician would want to be the exclusive doctor for anyone famous.  Either just lazy, greedy or starstruck.  The only time you ever hear about one is when they are getting arrested or on trial.  Count me out.  

Mon, 10/10/2011 - 11:01 | 1757486 Hoi Polloi
Hoi Polloi's picture

What a bigga mistake-a to make-a! Heil Berlusconi!

Mon, 10/10/2011 - 11:03 | 1757490 Seasmoke
Mon, 10/10/2011 - 11:06 | 1757498 BobPaulson
BobPaulson's picture

Is the problem of volotile insane mobster media tycoon politicians to fuck underage hookers also due to cocaine? I'm all for fixing that first.

Mon, 10/10/2011 - 11:08 | 1757503 eurogold
eurogold's picture

Silvio Berlusconi and Carlo Giovanardi have been snorting too many crushed viagra tablets.......what douchebags!

Mon, 10/10/2011 - 11:17 | 1757569 jekyll island
jekyll island's picture

If you have an intact parasympathetic nervous system without erectile dysfunction Viagra won't help that much.  Maybe some skin flushing and a headache perhaps.  

Mon, 10/10/2011 - 11:08 | 1757510 alchemystic
alchemystic's picture

Everything would be alright if they just spiced up the root with a couple ludes,

Mon, 10/10/2011 - 11:10 | 1757521 Gyro Gearloose
Gyro Gearloose's picture

Methinks Silvio & Carlos should be tested for Vampire Blood.

Mon, 10/10/2011 - 11:11 | 1757530 pauhana
pauhana's picture

I have this mental picture of Geoff Peterson . . . .

Mon, 10/10/2011 - 11:12 | 1757536 FranSix
FranSix's picture

White punks on dope.

Mon, 10/10/2011 - 11:12 | 1757539 jwfxfox11
jwfxfox11's picture

When he moved to Hollywood he had to go door to door to tell everyone he was a pederast. 

Mon, 10/10/2011 - 11:12 | 1757541 lemarche
lemarche's picture

Jesus Christ !!! the more it goes and the less I seem to understand how a nation of free willing people could elect a guy like this to lead them !!! Utterly unbelievable... "in democracy we trust".

Mon, 10/10/2011 - 11:18 | 1757573 luigi
luigi's picture

Watch out my friend, we are just the guinea pigs: if it works, it will spread...

Mon, 10/10/2011 - 11:20 | 1757556 topcallingtroll
topcallingtroll's picture

Ah to be young and high on the fresh pure cocaine in Venezuela.

It was so fresh u could smell either acetone or aviation fuel, one of the two ways the powder was precipitated. Ten bucks a gram. Actually u couldnt smell the acetone, but the absence of the fuel smell meant you had the superior product.

I would try to let it evaporate further before use, it was that fresh and pure, but there was always a subtle, very slight, yellowish glint from the aviation fuel.

And to have a hot chic with you, divine!

Mon, 10/10/2011 - 11:17 | 1757568 luigi
luigi's picture

As an Italian, one really doesn't know where to hide anymore... How sad this is: would it be possible for the honest among us to seek political asylum? I mean anywhere... Lybia will do as good as any other place but bunga binga land...

But will they pay one day... To this man and his like, the politicians who speak about drug prevention but refuse tu undergo a drug test themselves "drug problem" means "too little and at too high a price".

 

Mon, 10/10/2011 - 11:17 | 1757570 thunderchief
thunderchief's picture

He should know.

Can't get it up without an eight ball and a handful of Viagra.

That is what money buys you folks. 

Mon, 10/10/2011 - 11:23 | 1757593 Hobbleknee
Hobbleknee's picture

Well, their rivers are full of cocaine:

http://news.bbc.co.uk/2/hi/europe/4746787.stm

 

Mon, 10/10/2011 - 11:26 | 1757607 s2man
s2man's picture

Crack.  Its not just for breakfast any more.

Mon, 10/10/2011 - 13:18 | 1757645 Rynak
Rynak's picture

Rynak, who is in charge of bullshittology, says that excessive crack abuse may explain the "spaced out" worldview of politicians as well as central bankers.

Mon, 10/10/2011 - 13:44 | 1758167 TeresaE
TeresaE's picture

Geez Rynak, I thought it was secret lobotomies and swift injections of massive amounts of lobbying cash.

Long live the machine!

Mon, 10/10/2011 - 11:41 | 1757658 Toe Cutter
Toe Cutter's picture

Berlusconi preaching ethics? Don't tell me he does not partake in the booger sugar when he's out playing grab ass.

Mon, 10/10/2011 - 12:03 | 1757757 NotApplicable
NotApplicable's picture

Probably too busy mainlining Viagra.

Mon, 10/10/2011 - 11:43 | 1757666 Volaille de Bresse
Volaille de Bresse's picture

"ok...now I've heard it all."

 

Don't be presumptuous. The year is not over yet. 

Mon, 10/10/2011 - 12:12 | 1757796 Segestan
Segestan's picture

Giovanardi, who is in charge of family policy and drug prevention, said that the abuse of drugs including cocaine might explain part of recent stock volatility."

  Certainly a ploy.

But:

 One mans opinion, does not speak for Mr Berlusconi and others.

Mon, 10/10/2011 - 15:23 | 1758669 luigi
luigi's picture

THink about it: this man, this Mr. Giovanardi, is one of the more presentable components of Berlusconi's government... imagine the others...

Mon, 10/10/2011 - 12:35 | 1757878 Cazzi amari
Cazzi amari's picture

I'm Rick James bitchez!

Do NOT follow this link or you will be banned from the site!