This page has been archived and commenting is disabled.
Berlusconi Wins Budget Vote As Opposition Abstains
Meet the new boss: same as the old boss:
- ITALIAN PARLIAMENT VOTING ON BUDGET MEASURE
- ITALY'S BERLUSCONI WINS BUDGET VOTE AFTER OPPOSITION ABSTAINS WITH 308 VOTES IN 630 SEAT PARLIAMENT
- BERLUSCONI WINS BUDGET VOTE WITHOUT ABSOLUTE MAJORITY
- BERLUSCONI WINS VOTE BUDGET VOTE
What is notable is that Berlusconi has now lost his majority. Sure enough:
- ITALY'S BERSANI CALLS ON BERLUSCONI TO RESIGN
What this means is not quite clear but the EURUSD is not too happy for now.

- 5422 reads
- Printer-friendly version
- Send to friend
- advertisements -


Thank goodness thats over, next
He vexes me terribly, why won't he simply die?
Sure, Abstain...
Mercedes Driving EURo TR, Collect the Huge G'ment paycheck, And No Balls At All ...
They are doomed...
he who controls the can opener,... keepeth the lid on all transgressions - notably his own
Who's yer cannoli?
It is going to take a criminal like Berlusconi to bring down the CB criminals. I'm rooting for him. Fire with fire. Watch his corrupt ass pay everyone off, pull strings, and stay in power long enough to put yields over 7%...merk and sark must be totally nonplussed...berlusconi's not only got the right mentality (mafioso) to beat them at their own game, but he's also got more direct resources than their broke asses do. I hope he seriously fucks everything up for them.
++++++1
There's been a rumor for a long time that the CIA has run several operations to get rid of Berlusconi. Apparently he's not a good NWO robot and his friendship with Putin has been causing TPTB to shit bricks for years.
so now the only question is at 3 pm what news will come out that will construe this as bullish
Ah, here comes the volume
http://www.youtube.com/watch?v=eGPhUr-T6UM
'Strumming my ass with his fingers
Shitting my life with his verve
Killing me softly with his vote
Killing me softly with his vote
Selling my whole life with his word
Killing me softly with his vote....'
Pump up the Volume:
http://www.youtube.com/watch?v=mgRHQsZ_qMY
or perhaps ("You ever get the feeling everything in America is completely fucked up?":
http://www.youtube.com/watch?v=9glBgeAb858
Um.. that's weird. The market is going south. I thought this was bullish.. just like the tsunami/earthquake in Japan, the EFSF crap, Robotrader's day-late predictions, etc..
semblance of normality is the only weird thing left in these markets.
Fraud Street is just waiting for some good news so that they can burn the bulltards.
Sell any actual news, as it can no longer be used as an algo-frothing rumor.
So future cuts...planned but will never be implimented...but money needed today.....short tem day to day worries....lol.....what next week...who is next week...I am tired of the next week....and I think so is the rest of the world...
Yea yea yea someday we'll get all this fixed we promise...now wheres the damn hookers and blow!
Silvio lost his majority on this vote. Slight difference:)
Resignation requested.
Edit: Per MCC
well, the market can always think about negative comment
Austerity is wildly bullish. Market is glad the system won't collapse, doesn't matter what happens to B'sconi.
http://www.theglobeandmail.com/globe-investor/financing-for-junior-mining-feels-the-pinch/article2228554/
Financing for Junior Mining feels the pinch. Bullish for the phys? :)
The hopium is strong in this one.........
It means BTFD no matter what happens debt explosion, nuclear war, etc. Just BTFD.
S&P is so strong
Bullish BTFD
Berlusconi wins!!! Young 18 year old pu-tang for everyone!!!!!!!!
Maybe deep down the Italians admire a man who claimed to bed 8 different women in one night...
http://www.telegraph.co.uk/news/worldnews/silvio-berlusconi/8771176/Berl...
Berlusconi will defeat the ECB! Go Bunga... GO!
Like an ad from 80's said, "We are second, we try harder!". So give your best shot at Eurozone, you fat, stupid, useless, second grade Americans and Britons and let's dance and see who is who! (preferably with AC/DC's Who Made Who as background music from neutral Australia, they are ok). :)
What are you talking about? this isn't about America versus Europe, this is about the little people versus TPTB. You're at the wrong rodeo.
It isn't?! You guys have been talking down to Euro since it was invented! TPTB is mostly London/New York problem, good luck with that.
yesterday rumours of berlusconi's resignations were good for the euro... a broken market.
Seven more invites to the next Bunga-Bunga party and the confidence motion will pass.
market talk that LCH CLearnet will increase margin requirements on italian bonds by 5% . Effective close of Wednesday.
happyt birthday
This must be bullish, the market likes it. There is always buyers at any given price point. Risk on again!
Any fightin' break out yet?
In a basement!
FT gets it wrong?
Silvio Berlusconi’s centre-right government has lost its majority in parliament in a key vote on last year’s accounts that came after mounting concern in bond markets piled pressure on the embattled prime minister by pushing borrowing costs to fresh euro-era highs.
Should be an interesting vote on the tax and bond measures.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/08/MNM31LQRR3.DTL&tsp=1
Berlusconi's won! Hurrah! Whores, coke and kick-backs all 'round!
And now, some comments from Woodie Guthrie:
http://www.youtube.com/watch?v=zqiblXFlZuk