Europe Finally Comes Out: Obama's Reelection "Uber Alles" Determines Europe's Future

Tyler Durden's picture

For those to whom this comes as a surprise, following the periodic jaunts of Tim Geithner to Europe explaining just what is truly important in life, not to mention Obama's daily phone calls to Mario Monti, we feel truly sorry:

  • EU-IMF REVIEW OF GREEK DEBT SITUATION SET TO BE DELAYED UNTIL AFTER U.S. ELECTION - EUROPEAN OFFICIALS

And the punchlines:

  • "Obama doesn't want anything on a macroeconomic scale that is going to rock the global economy before Nov. 6," a senior EU official told
  • "As far as European leaders are concerned, they don't want Romney, so they're probably willing to do anything to help Obama's chances," said the source, an EU official involved in finding solutions to the debt crisis.

One kinda wonders: just what has Obama promised a broke Europe in return? Don't answer: it's rhetorical. It's also "fair."

At least it is finally clear that the entire world's agenda is to get Obama reelected, broke Athens municipalities no longer collecting garbage, and running out of cash to pay the local Five-Oh notwithstanding.

Get ready for reality to come crashing down once the second coming is completed on November 6, and surreality is no longer needed.

Full article confirming that the entire developed world is now not only broke, but socialist as well:

An EU-IMF report into whether Greece's debt is manageable looks set to be delayed until after Nov. 6 because policymakers want to avoid any shock to the global economy before the U.S. election, EU officials and diplomats say.

 

The report by the 'troika' of Greece's foreign lenders -- the European Commission, European Central Bank and International Monetary Fund -- was expected during October, possibly before a meeting of eurozone finance ministers on Oct. 8.

 

The study provides the basis for decisions on whether to disburse the next tranche of aid to Athens, which may otherwise run out of money to pay wages and pensions, default on its debt and perhaps be forced to leave the euro area.

 

Differences inside the troika about the precise extent of Greece's debt problems, combined with political pressure to hold off for another few weeks, look likely to mean a delay until mid-November. In the meantime, Greece will be kept afloat by issuing short-term treasury bills and its banks will get access to emergency funds from the Greek central bank.

 

"The Obama administration doesn't want anything on a macroeconomic scale that is going to rock the global economy before Nov. 6," a senior EU official told Reuters, adding that previous troika reports had also slipped.

 

Several sources in Germany said top officials in Washington had made clear in numerous conversations with their German and European counterparts that they would prefer no surprises before the tightly contested election.

 

"It's likely the troika report will be pushed back beyond the U.S. election date," said a Berlin official who spoke on condition of anonymity. Asked if that was a special request from Washington, he replied: "They don't want any surprises."

 

The European Commission's spokesman on finance said on Friday the troika would take a week-long break from its work in Athens, the second time it has interrupted its mission since it began in late July, adding to expectations of a delay.

 

"The inspectors are expected to return to Athens in about a week," spokesman Simon O'Connor told reporters.

 

"As for a conclusion of the mission, I don't have any dates to share with you," he said, adding that it should be some time during October. "We can't say exactly when."

 

If Greece is off-target by a wide margin, as many economists predict, financial markets will react negatively, concerned that another round of debt restructuring will be required to get government finances back on a stable footing.

 

A negative troika report could also revive pressure to force Greece out of the single currency area with potentially devastating knock-on consequences for other European countries and the global economy.

 

European leaders have the same interests as the U.S. president in not destabilising markets -- their own economies have also been badly affected by the fallout from Greece, where the sovereign debt crisis began in January 2010.

 

But one source said EU leaders' motives went beyond macroeconomic stability. They also had political reasons to avoid rocking the boat before the U.S. election.

 

"As far as European leaders are concerned, they don't want Romney, so they're probably willing to do anything to help Obama's chances," said the source, an EU official involved in finding solutions to the debt crisis.

 

The problem for Obama is that if Europe's leaders are seen, implicitly or otherwise, to be working to bolster his reelection chances, it could provide ammunition for the Romney campaign.

 

European leaders have repeatedly been accused of acting too slowly and in a confused way to resolve the crisis, with a knock-on negative impact on the United States. If they are now seen to be allying with Obama, it could dent his popularity.

So dear Greeks, Spaniards, Portuguese, and all other soon to be broke nations, who are stuck not knowing if you will ever get a pension payment, if the money in your bank is safe, or if there is nobody to collect your garbage, thank the US president.

Also: buy every December VIX call option you can find cause the feces sure are gonna hit the fan once the BS is finally over and truth can no longer be delayed.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
GetZeeGold's picture

 

 

It's up to the 47%........oh crap.

 

BaBaBouy's picture

The SHIT Hits The Proverbial FAN after Obamba Gets Re-Crowned ...

exi1ed0ne's picture

I don't know what the world will look like on Nov 7th, but I'm long popcorn.

francis_sawyer's picture

 [Fast] FORWARD

~~~

There's an AD CLICK for Obama Re-election STATE T-Shirts ($30) bucks each... I wonder if the T-Shirts are available for all "57" states...

Troll Magnet's picture

It's not up to the 47%. It's up to Diebold.

old naughty's picture

Wouldn't you know it, that was the plan all along.

Popo's picture

The obvious problem with this "crash after the election please" request is that everyone is going to front run it.... Which means it will happen before the election whether he likes it or not.

Ying-Yang's picture

President Obama Asks Medvedev for ‘Space’ on Missile Defense — ‘After My Election I Have More Flexibility’

http://www.youtube.com/watch?v=PlXK8o70Se0

After the election will be a bitch.

TruthInSunshine's picture

I have a great secret that I wish to reveal.

My mere revealing of this secret jeopardizes my safety.

 

Obama, through his court jester, Timmay, has sent a sealed package in the shape of a small box to European Leaders.  The attached note warns them to not open it until November 7, 2012, assuming official U.S. Presidential election results have been diebold-ed....I mean tabulated...and that Obama has been crowned Divine Emperor of the Western Constellation.

Within this box there is a Staples 'Easy Button,' first passed from Greenspan to the Bernank, inscribed with the phrase (and instructions):

"To buy more time, identify any asset class(es) you wish, then hit CTRL + P until infinity."

There is also a handwritten note from Obama and co-signed by both The Bernank & iKrugman, asking, dryly:

"Now there, euro-bitchez, wasn't that easy?"

 

 

1100-TACTICAL-12's picture

False Flag Event (FFE) anyday now :)

smlbizman's picture

i , like many have been expecting that all hell breaks loose after the election.....and it will get so bad that obama , like past saviors will offer the only way out and that we will have to tear up the final piece of the constitution to do it...like they did with giuliani and 911...bloomberg throwing in an extra term , you know cause new york cant exist without him...rules and laws are an illusion...we will all have the new hitle....i mean obama flag flying soon...

pavman's picture

False Flag Event (FFE) anyday now :)

I'd wager it'll happen in Chicago.  Only makes sense.  Run forest run.

 

This read is insightfully fascinating: http://washingtonexaminer.com/introduction-the-obama-you-dont-know/article/2508080

FMR Bankster's picture

Let's shorten the article, Europe says: give me some of that Obama cash from the Obama stash

SmallerGovNow2's picture

Yes because I bet there is a deal in the works for USA to bail out Europe AFTER the election.  The "O" knows if he did it before that he will lose...

FoxMulder's picture

Europe won't have to worry about paying for gas! They won't have to worry about paying their mortgages!

ParkAveFlasher's picture

Europe's got a feevah, and the only puhscription, is more Paul Krugman.

Dead Canary's picture

Popcorn and marshmallows. Burning civilization makes them nice and toasty.

 

Zap Powerz's picture

An Obama reelection brings certainty: immediate collapse.

A Romney election brings uncertainty: collapse later rather than sooner.

As a businessman, I prefer certainty and will be voting for Obama as many times as they will let me.

kridkrid's picture

You don't understand the mechanics of the collapse.  You are correct in the inevitability of collapse, but the mechanism for delaying the collapse is more debt, more printing, more spending.  I basically said the same thing that you are saying here about a Ron Paul presidency.  Paul would have brought about the collapse more quickly... and would have earned my vote because of it.

There is no difference between Romney and Obama... and that is by design.

sampo's picture

Maybe he promised Germany their gold back..

Gotcha!

BaBaBouy's picture

I Guess Our GOLDie Really Takes Off After The Bumba Re-Coronation...

James-Morrison's picture

That's why we're called Sheeple, Obahhhma.

James-Morrison's picture

That's why we're called Sheeple, Obahhhma.

James-Morrison's picture

That's why we're called Sheeple, Obahhhma.

The trend is your friend's picture

Once Obama is reappointed he'll do everything in his power to make sure merkal stays in power and so on and so forth.  This is the game of neverending musical chairs.  The music never stops, they have high jacked the DJ

NoTTD's picture

Since we don't appoint Presidents, I assume you meant "reannointed", which is what is actually underway.

Gene8696's picture

I vote for a One World Government.. I like the uniforms.

slaughterer's picture

Is there an anti-Obama country that will PURPOSELY create a negative reality before the election to make Obummer look bad?    Ask yourself that.  Which country is that?  

GetZeeGold's picture

 

 

Stuck the landing.

 

Most people want to kill them.....but I like them. It's an oasis in a land of crazy.

 

francis_sawyer's picture

The Apartheid State of Israel, despite the rhetoric, probably isn't sweating an Obama victory as much as people think...

All it does is DELAY things for them... They've been saying that Iran acquiring a nuke is "imminent" for more than 20 years now... It all gets ratcheted up around election time because, as alwas, they want to have their say in American politics...

If Obama wins... PLAN B is to somehow get Biden the hell out of there (which shouldn't be hard), and move Hitlery into the VEEP spot... Hitlery would the the same as Romney in their eyes... A little messier, but same result in the long run...

~~~

A timeline of warnings since 1979.

Breathless predictions that the Islamic Republic will soon be at the brink of nuclear capability, or – worse – acquire an actual nuclear bomb, are not new.

For more than quarter of a century Western officials have claimed repeatedly that Iran is close to joining the nuclear club. Such a result is always declared "unacceptable" and a possible reason for military action, with "all options on the table" to prevent upsetting the Mideast strategic balance dominated by the US and Israel.

And yet, those predictions have time and again come and gone. This chronicle of past predictions lends historical perspective to today’s rhetoric about Iran.

1984: Soon after West German engineers visit the unfinished Bushehr nuclear reactor, Jane's Defence Weekly quotes West German intelligence sources saying that Iran's production of a bomb "is entering its final stages." US Senator Alan Cranston claims Iran is seven years away from making a weapon.

Though Israel had secretly done business with the Islamic Republic after the 1979 revolution, seeking to cultivate a Persian wedge against its local Arab enemies, the early 1990s saw a concerted effort by Tel Aviv to portray Iran as a new and existential threat.

1992: Israeli parliamentarian Benjamin Netanyahu tells his colleagues that Iran is 3 to 5 years from being able to produce a nuclear weapon – and that the threat had to be "uprooted by an international front headed by the US."

1992: Israeli Foreign Minister Shimon Peres tells French TV that Iran was set to have nuclear warheads by 1999. "Iran is the greatest threat and greatest problem in the Middle East," Peres warned, "because it seeks the nuclear option while holding a highly dangerous stance of extreme religious militancy."

1992: Joseph Alpher, a former official of Israel's Mossad spy agency, says "Iran has to be identified as Enemy No. 1." Iran's nascent nuclear program, he told The New York Times, "really gives Israel the jitters."

 

 

GetZeeGold's picture

 

 

despite the rhetoric

 

On top of it actually.

 

Troll Magnet's picture

Israel will screw America no matter what. That's who they are. That's what they do. And we give them money and protection to fuck us up the ass. Shalom, Bitchez!!!

ParkAveFlasher's picture

Nice, Francis, I knew Iran Nuke has been a half-century red herring but you did the homework.  +40.  Iran invasion my ass.  We'll see Civil War before that happens.

Ranking of populations of Jews outside of Israel:

1) USA

2) Iran

...or thereabouts.

francis_sawyer's picture

That said... Now that Mr. (47%) Romney has effectively kissed his own ass goodbye... In the strategic realm of things, BIDEN needs to start watching his 6 o'clock...

~~~

http://whatreallyhappened.com/RANCHO/POLITICS/BODIES.html

Though, in my mind... a douch like Biden would probably just be glad to take a $200 million bribe, & ride off into the sunset under some cover story that he developed alzheimers or something... Nobody would give a rats ass about Biden anyway... Probably a cover story that would only last a day or two...

Translational Lift's picture

biden and his ilk sell themselves for a fraction (try 0.1%) of what you have stated.........

francis_sawyer's picture

@Translational

You're prolly right... I'm just trying to extrapolate BERNANKE induced hyperinflation... I'm limited to the tools of any at large 'eCONomist' (a ruler & a purple crayon)... & I haven't even taken the correspondence course on 'parabolic curves' yet... So I'm clearly fishing here...

Bringin It's picture

It's pretty clear to me now why RP&RP did what they did.

pazmaker's picture

I'm curious where you got that crazy statistic.  It's not even close to being true.

outside of Israel, just about every source for statistics list

 

1. USA

2. France

3. Canada

4. United Kingdom

Bicycle Repairman's picture

Obama's deal with Europe?  What about Romney's deal with Israel?  Is it war with Iran?  I understand that Romney raised a lot of illegal foreign contributions during his trip there.

RiskAverseAlertBlog's picture

The answer is China, and they've already begun creating a negative reality vis a vis Japan. Anyone answering "Israel" just does not understand who's who among fascists in the evil British Foreign Office's back pocket. Obama is one and Bibi is two, which fact leads one to laugh at those calling Obama a "socialist." Indeed, the Tory right is so utterly incompetent it can't even manage a smoke screen without appearing Her Royal Bankruptcy's loyal servants.

Translational Lift's picture

Would you expect anything different??  One Socialist block backing another,,,,,,,,,,,,

valkir's picture

What happens if there is no election nov.6?

Spastica Rex's picture

What if they gave an election and nobody voted?