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Farage On EU Summit 'Breakthrough': "It's Not Credible; Nobody Believes You"

Tyler Durden's picture


Judging by the modest rallies in what was already hugely oversold risk asset markets in a perfectly timed illiquid 'holiday' mode, it would appear that, just as MEP Nigel Farage blasts his European Parliamentary leaders, "Breakthrough? Nobody believes you". The new bailout vehicle - the ESM - is doomed before it starts as he notes "the wheels are coming off" highlighting the legal challenges in Ireland and Germany, the Estonian Justice Minister saying it won't fit their constitution, but most fun of all, the erudite Englishman barks "the Fins and the Dutch seem to have broken the agreement that was made in the middle of the night". Perhaps the "little countries" don't have a say in Europe anymore as his frustration with Barosso and Van Rompuy in their self-congratulatory smugness is clear when he jibes that "The Euro-crisis appears to be insoluble" noting that their incessant public calls that the worst is over or finger-pointing and blaming others has made them "an international laughing stock". It appears, like us, Farage does not see this as a game-changer - concluding that vacations should be put on hold as "the markets will all but guarantee we'll all be back here in August".



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Tue, 07/03/2012 - 08:28 | 2583209 GeneMarchbanks
GeneMarchbanks's picture

"the markets will all but guarantee we'll all be back here in August".


Tue, 07/03/2012 - 08:34 | 2583218 LULZBank
LULZBank's picture

I think Tylers just posted this thread, today, for the LULZ!

Tue, 07/03/2012 - 08:37 | 2583234 trebuchet
trebuchet's picture

they must have done - "hugely over sold risk assets ... "   ??????????? WHAT????? with DJIA/SP a few % from their highs while we have ALL leading macro indicators except Personal consumption spending showing CONTRACTION???


probably Sarc LULZ

Tue, 07/03/2012 - 08:57 | 2583289 wang (not verified)
wang's picture

circa 2008

So it was no small concern this spring when some experts questioned whether the rate's daily updates were rigged to be artificially low. Set LIBOR rates too low and borrowers might get an undeserved windfall -- at lenders' expense.


Tue, 07/03/2012 - 08:53 | 2583292 ptoemmes
ptoemmes's picture

Maybe if we just start thinking of the various equity indices as "count up" doomsday clocks.

S&P 1500 - BOOM (and not in a good way).


Tue, 07/03/2012 - 09:05 | 2583331 GMadScientist
GMadScientist's picture

An entirely different gold rush.

They say the men who tamed the west showed up with pennies in their pockets, but they neglect to mention they were also not unarmed.

Tue, 07/03/2012 - 09:12 | 2583344 Treeplanter
Treeplanter's picture

Oversold only because we live in Fantasy Land.  The people over there in Reality are laughing at us. 

Tue, 07/03/2012 - 09:21 | 2583360 DavidC
DavidC's picture

Quite. This is something that has had me totally bemused. 'The sky is falling in' and yet the Dow is under 500 points from its 2012 highs.


Tue, 07/03/2012 - 09:37 | 2583393 Max Hunter
Max Hunter's picture

and its 2002 highs as well.. Hmmmm

Tue, 07/03/2012 - 08:38 | 2583239 vast-dom
vast-dom's picture

Farage is the MOTHERFUCKING MAN! Too bad he can't gain control of this ship of duplicitous fools!

Tue, 07/03/2012 - 08:50 | 2583279 Ancona
Ancona's picture

Nigel is definitely the man, but it's too bad he's been branded a kook because he's not afraid to stray from the party line so to speak, and tell the fucking truth. Just like Ron Paul, he is laughed at because he goes against the grain of GovSpeak.

Tue, 07/03/2012 - 08:55 | 2583299 ptoemmes
ptoemmes's picture

But just think who has branded him a kook - or perhaps in a different setting a terrorist?!  The same one's who brand blogs like this as - whatever.

Predictable I'd say...

Tue, 07/03/2012 - 09:25 | 2583368 Treeplanter
Treeplanter's picture

Ron Paul is great at explaing the Grand Scam and he gets a lot of appreciation for that, Sarah Palin has praised him for it.  But he's also King of Pork and a blame America first guy.   His son is impressive and looks headed for leadership in the Senate.

Tue, 07/03/2012 - 08:54 | 2583295 paint it red ca...
paint it red call it hell's picture

he does not need control of the ship, just the scuttles.

Tue, 07/03/2012 - 10:00 | 2583491 Peter Pan
Peter Pan's picture

Here we are all heaping praise on Farage for speaking up. On the other hand we are content to pulverise the injustices from the comfort of our computer keyboads using pseudonyms.

I tell you fellow contributors that unless we speak up louder in our families, circle of friends, workplace and anywhere we can, Farage will not be able to do much more than he is doing.

Clearly we admire Farage but has he inspired us?

Tue, 07/03/2012 - 11:15 | 2583896 Moe Howard
Moe Howard's picture

Are you claiming my name Moe Howard is a pseudonym? Really?

Tue, 07/03/2012 - 11:18 | 2583912 Peter Pan
Peter Pan's picture

Because I have a soft spot for the real stooges, I admit you are the real McCoy.

Tue, 07/03/2012 - 11:37 | 2584025 merizobeach
merizobeach's picture

You make an excellent and fundamental point.

I had a brief career as an activist when I was young; I got the clear impression that the average public didn't care at all that I was trying to make an improvement in society, and many even felt some degree of disdain for my attempting to include them in my efforts.  Even things as simple as just registering voters.  I even once got arrested by police--cuffed and carted off--for peaceably circulating ballot initiative petitions at the "People's Fair" in Denver.  My point--the same as yours PP--is that apathy is a crippling mental illness when it takes hold in a society.  Finally, I figured I'd better just save myself rather than focus on a society that resented my efforts.  At least our efforts back in the day were successful, and medical marijuana, among other new laws, are on the books, in Colorado and other states.

Tue, 07/03/2012 - 08:43 | 2583260 LULZBank
Tue, 07/03/2012 - 08:56 | 2583300 slaughterer
slaughterer's picture

Too bad there is only one Nigel Farage.   The EU needs a whole army of them in every public office in every country.

Tue, 07/03/2012 - 10:27 | 2583625 _underscore
_underscore's picture

That's ma boy!  He absolutely twatted old Van Rumpy-Pumpy & Boracic. Those 2.5 minute slots have made NF - just the right amount of time for a full cadence & amen chord.

I'm sure  a 'clap-o-meter' would show increasing volume & duration over the past few years; the other delegates seem increasingly to wear that nervous & wan  fin-de-siecle Ceausescu smile.



Tue, 07/03/2012 - 08:30 | 2583211 cherry picker
cherry picker's picture

Farage is no dummy and he says it like it is, not what they would like to "spin".

He is like a man trying to push an ass with a carrot  :)

Tue, 07/03/2012 - 09:05 | 2583330 slaughterer
slaughterer's picture

Tyler, there was some interesting overnight developments with BuBa's TARGET2 ;-)

Tue, 07/03/2012 - 09:10 | 2583343 GMadScientist
GMadScientist's picture

"Put it on my tab, please." - Dancing Nancies


Tue, 07/03/2012 - 08:31 | 2583213 lordbyroniv
lordbyroniv's picture


Tue, 07/03/2012 - 08:42 | 2583254 DeadFred
DeadFred's picture

How is it that this guy hasn't got so depressed that he's written a farewell note and shot himself in the head, twice. Or a hotel maid or something. Then again maybe that's why Rompuy and Barroso looked so amused, they know about the contract with Sergey...

Tue, 07/03/2012 - 08:54 | 2583294 Killtruck
Killtruck's picture

Wasn't there some suspicious activity with an aircraft he was supposed to be flying on, not too long ago? Hmm...I'll look for the story and see if I can get you a link.

Tue, 07/03/2012 - 09:13 | 2583348 speedy
speedy's picture

He was in the plane when is crashed.

Tue, 07/03/2012 - 09:59 | 2583482 FEDbuster
FEDbuster's picture

He needs to stay out of hot tubs.

Tue, 07/03/2012 - 10:30 | 2583641 Element
Element's picture

Or, how to harpoon a rompy.

Tue, 07/03/2012 - 09:01 | 2583305 Zero Govt
Zero Govt's picture

Last days of Rome ...even Rompuy and Barroso have 'that look' of the EU Empire crumbling and no longer the arrogance of a deaf, dumb and blind bureaucrat safe in a cushy unelected job

The power is gone from Brussels, national Govts have taken it back, these turkeys are flapping in the wind aimlessly and Nigel obviously enjoys being at a turkey shoot

Tue, 07/03/2012 - 10:02 | 2583501 Antifaschistische
Antifaschistische's picture

DeadFred wrote "How is it that this guy hasn't got so depressed that he's written a farewell note and shot himself in the head, twice"

Answer:  Because he has safes in London stuffed with Silver and Gold.


Tue, 07/03/2012 - 19:28 | 2585545 zorba THE GREEK
zorba THE GREEK's picture

You have to love this guy. I only wish the U.S. had a dozen of him.

Tue, 07/03/2012 - 08:31 | 2583214 Bogdog
Bogdog's picture

Back in August? Try next week.

Tue, 07/03/2012 - 08:36 | 2583230 Cdad
Cdad's picture

August?  Try Thursday.

Tue, 07/03/2012 - 08:51 | 2583265 trebuchet
trebuchet's picture
<<<   BoE or ECB QE on Thursday?? <<<<  NO BoE or ECB QE on Thursday??
Tue, 07/03/2012 - 08:56 | 2583301 trebuchet
trebuchet's picture

Reasons for monetary accommodation in short run: 1. leading indicators saying economies are going down.... PPT dial-up time.  2. deflation leads to loss of control of monetary policy and signs are towards deflation atm 3. central banks' existence/current godlike status will wane of there is no inflation Reasons against:   1. Banks know it will ramp inflation/asset prices.  2. They want the politicians to carry on delivering at EU level,  who have not enough done so far. 3. They are stuffed to the gills with dodgy collateral and cant afford to "ease the rules" some more until there is a serious crisis. The deeper the hole they dig the harder it will be to get out of later 4. Some progress in Europe 5. Unemployment except for in basket case (PIIGS) is showing no signs yet of recession, personal spending not showing signs of contraction as yet what do people think? market is heavily skewed to buy side... 

Tue, 07/03/2012 - 08:31 | 2583215 USisCorrupt
USisCorrupt's picture

Is the World of Make Believe actually coming apart? It is time to free the Slaves. And most of all put an and to the FED along with all Central Banks. The Fractional Reserve Banking System is nothing but the largest Ponzi System in the History of Mankind. RIP !

Tue, 07/03/2012 - 12:16 | 2584206 Bogdog
Bogdog's picture

Ok then END THE FED. And replace it with.........who? Congress? At this point I'd just like to see an actual audit made public. Oh wait...maybe not. That might just crash everything instantly. A fetid Pandora's box best left locked up in the attic.

Tue, 07/03/2012 - 08:32 | 2583216 augie
augie's picture

NINE-teen times....

Tue, 07/03/2012 - 08:33 | 2583219 azzhatter
azzhatter's picture

I love that he says it to their face. Not like the weenie politicians we have here who sneak off to find a reporter to make their claims. Good on you Farage, keep the heat on these 2 clowns. Hopefully the citizenry of Europe is getting the message. Would love to see the 2 little commie pricks hanging from a lamp post along with all of ours.

Tue, 07/03/2012 - 08:33 | 2583221 q99x2
q99x2's picture

Paint it Black you devils

Tue, 07/03/2012 - 08:35 | 2583224 jez
jez's picture

All together now:


"Well, nothin' I do don't seem to work

Only seems to make matters worse . . ."

Tue, 07/03/2012 - 08:35 | 2583225 Howdan
Howdan's picture

GO NIGEL, GO! What an incredibly frank, articulate and intelligent man. Thank you for speaking up for us and for forcing some shred of democracy on the unlected shambles that is the EU.

Clearly your experience as a commodity trader shows - you could teach those incompetent crooks a lesson or two about finance.

You've definitely got my vote sir.

Tue, 07/03/2012 - 08:36 | 2583227 Chupacabra-322
Chupacabra-322's picture

Farage better get himself a food taster.  And real soon.

Tue, 07/03/2012 - 08:38 | 2583237 giovanni_f
giovanni_f's picture

Still crusading against the enemy (Europe) of his masters (city of london). Anything heard from Nigel Farage on the libor scam? You won't.

Tue, 07/03/2012 - 08:41 | 2583250 GeneMarchbanks
GeneMarchbanks's picture

*LOL* Truth is always funny.

Look at the idiots go, weeeeeeeeeee....!

Tue, 07/03/2012 - 09:29 | 2583378 AUD
AUD's picture

Nor did we hear a peep from Farage just a week or so ago with the announcement of the BoE's new 'liquidity facilities'. Of course when the Grand Old Lady of Threadneedle St does it, it's called prudent monetary policy, when the ECB does it, it's nothing but a Ponzi scheme.

And I note Farage is still taking those euro's as a EU parliamentarian. I hope he's doing the patriotic thing & converting them to English pounds.

Tue, 07/03/2012 - 10:05 | 2583512 Wakanda
Wakanda's picture

Not everyone casts a wide a net as Tyler.

Tue, 07/03/2012 - 08:38 | 2583241 FXPortent
FXPortent's picture

Hit the trenches, INCOMING FARAGE!


The FARAGE has claimed more "intellectuals" in the past several years than any known asset to the liberty movement (aside from the Honorable Dr.Ron Paul.



Tue, 07/03/2012 - 08:58 | 2583310 LULZBank
LULZBank's picture

When people equate Farage with Ron Paul, I start having doubts about Ron Paul, or atleast about the IQ level and power of perception of his followers.

Tue, 07/03/2012 - 09:12 | 2583346 FXPortent
FXPortent's picture

How so?


Farage may not be perfect and may take up  some boneheaded positions, but he is pretty much the lone voice in Europe right now that actually stands up for liberty on a weekly basis.


Question my IQ all you want, but he's one of the few sane politicians in all of Europe...


I understand the intracacies of Paul's positions and have read over 40 books from Austrian economists over the years (aside from a plethora of other books as well).. So, to question my IQ over agreeing with Farage in several instances, seems counter-intuitive.


Did I say he was as widely known as Dr. Paul? No, I did not. What I said, was that he is a good asset for the liberty movement.

Nothing else, nothing more.


On that note, please don't ridicule my positions.



Tue, 07/03/2012 - 09:35 | 2583389 LULZBank
LULZBank's picture

"C'mon Suzy, you know that you're still pretty and I still find you attractive."

Dr Paul comes across as sincere, not just intelligent and with higher intellect. Farage comes across as a Demagogue.

Nothing else, nothing more.

Tue, 07/03/2012 - 10:20 | 2583597 DrewJackson
DrewJackson's picture

IT appears you are confusing delivery and style, with the message.  


If anything Nigel is an anti-Demagogue.  He skewers the real demagogues to their faces while cameras are watching.  Sure he does it with some flair and wit, with a smart ass grin on his face...  but lets face it... who could resist?


I imagine a fair amount of ZHers would just jump across table and strangle the EUrocrats.



Tue, 07/03/2012 - 10:45 | 2583734 giovanni_f
giovanni_f's picture

LULZBank, there is a vocal minority on ZH, most likely all of them foodstampers, that have elected to follow a pro city of london ex trader as their latest guru. There is no way to explain to this pious crowd that Farage is part of the problem because he is part of the system.

Tue, 07/03/2012 - 10:51 | 2583784 giovanni_f
giovanni_f's picture

40 books or 40 pages?

Tue, 07/03/2012 - 08:41 | 2583251 Linus2011
Linus2011's picture

currently the best politician in europe.

probably also in the world!

Tue, 07/03/2012 - 08:41 | 2583252 shovelhead
shovelhead's picture

Nigel does know how to hand out a bitch-slap.

Nineteeth Nervous Breakdown...Epic.

Tue, 07/03/2012 - 08:54 | 2583262 TWSceptic
TWSceptic's picture

Van Rompuy shitting his pants.


Is that you Van Rompuy who junked me? lol.


Barroso too?

Tue, 07/03/2012 - 08:57 | 2583306 trebuchet
trebuchet's picture


Tue, 07/03/2012 - 08:47 | 2583267 Darth Silver
Darth Silver's picture

that never gets old.  Farage is one of a kind.


Tue, 07/03/2012 - 08:47 | 2583268 Tom Green Swedish
Tom Green Swedish's picture

You do not need to know anything in this world other than to buy thefacebook stock. Everything else is a waste of time.  Facebook going to 180 per share. MZ is the messiah. He will solve this problem in Europe as well with thefacebook.

Tue, 07/03/2012 - 12:32 | 2584262 Diplodicus Rex
Diplodicus Rex's picture

I'm sorry, but you're going to have to try a lot, lot harder than that. You've got stiff competition in the form of MDB to overcome.

Tue, 07/03/2012 - 08:48 | 2583271 adamas
adamas's picture

Nigel Farage is as good in the flesh as on youtube.... A truly "proper bloke" , I had lunch with him six months ago and dinner three months ago, with Nigel you get what you see. Unlike the scumbags in charge

Tue, 07/03/2012 - 09:37 | 2583394 AUD
AUD's picture

Did you put out?

Tue, 07/03/2012 - 11:20 | 2583920 Moe Howard
Moe Howard's picture

Does a "tossed salad" count as "putting out"?

Tue, 07/03/2012 - 08:48 | 2583274 Ted Baker
Ted Baker's picture


Tue, 07/03/2012 - 09:13 | 2583276 Shizzmoney
Shizzmoney's picture

They will be back there in August.  Farage told this to the UK MPs too in Parliment the other day, that they as well will probably be back in August having to deal with EZ fail.

To just think after one summit, that the EU leaders feel they have this thing fixed for *7* different just.....well, let's just say as much fail Congress produces in a single year, this may well take the cake.

Tue, 07/03/2012 - 08:49 | 2583280 Yellowhoard
Yellowhoard's picture

Another Farage barrage.

EU leaders gonna need triage.

Tue, 07/03/2012 - 10:03 | 2583505 Wakanda
Wakanda's picture

'cause they are holding the Europeans host-age.

Tue, 07/03/2012 - 08:50 | 2583282 monopoly
monopoly's picture

You notice each time he tells the truth the applause gets just a little louder. I do think the Euopean representatives  are slowly beginning to catch on.

Tue, 07/03/2012 - 08:51 | 2583283 paulie
paulie's picture

May God bless you Nigel for those words.

Tue, 07/03/2012 - 08:51 | 2583286 Fort
Fort's picture

Thank you very kindly Nigel. It seems your audience is growing, which is well deserved and about time. I didn't even hear the other MEP's such as Schultz and Verhofstad boohoo you down this time. Perhaps even they start to realize that you can't hide from reality for ever.

To all those boohooing MEP's I would like to say truth hurt suckers and you can not say "Ich habe es nicht gewust" cause Nigel has been telling you for a couple of years.

Tue, 07/03/2012 - 11:20 | 2583290 peekcrackers
peekcrackers's picture

Happy 19th to you happy 19th to you ,,,,haaaappy 19th haaaapy 19th ....happy 19 to you !  Just a little surreal , dont  ya think ..??


the Dutch  kick a wooden shoe up these crooks asses !

Tue, 07/03/2012 - 08:53 | 2583291 walcott
walcott's picture

It is a fucking joke! The entire fucking world is a massive welfare state.

1 person cannot support 100 - 1,000 other people. Especially now because they lost their job too.

And these motherfuckers who sit in their government jobs sucking tit? Fuck that bullshit.

They're leacherous scumbags. They have never produced jack shit their whole lives.

And if you can produce? Those cocksuckers don't want to pay for anything and won't pay for it.

They make you pay for their asses every fucking day of the week! 

They want it for free! 100% global slavery.

Tue, 07/03/2012 - 09:23 | 2583364 the not so migh...
the not so mighty maximiza's picture

Don't worry , this whole global interfuck thing is comming down soon.


Tue, 07/03/2012 - 09:55 | 2583463 JimBowie1958
JimBowie1958's picture

Never produced anything their whole lives? Dude, back off the anarchist kool aid a minute.

The government at all levels helps us to have a better way of life and the excesses of the past five decades do not negate the proper functions of government, nor should they evade your attention for the sake of rabble rousing rhetoric.

The government does 'produce' things from better managed markets, to better environments, and more efficient travel and communications and dont forget standardization which saves businesses incalculable costs every day.

There is no free market unless it is also a fair market with integrity, unlike what we  have been seeing the past couple of years. The government is *supposed* to regulate the market to keep it fair and honest, and thus the government 'produces' a better market than the jungle would give us. This helps the market to be more efficient when done well and it has and can do it well, IMO.

Please, the governments of the western world are bloated and need some serious roll back, but dont throw the baby out with the bath water. The government is still necesary and does serve useful functions and thereby 'production' as well.

Tue, 07/03/2012 - 10:23 | 2583610 akak
akak's picture

Government is institutionalized coercion, pure and simple.

As such, it is a manifest evil which must be fought and destroyed.

Tue, 07/03/2012 - 15:12 | 2584886 JimBowie1958
JimBowie1958's picture

That is a load of anarchistic gibberish.

Without government we would have Mogadishu. Is that what you want?

Grow the hell up. Its not the world oppressing you its you being a dumbshit.

Tue, 07/03/2012 - 15:18 | 2584916 akak
akak's picture

No, it is a simple and tautological fact.

Government IS institutionalized coercion --- not sometimes, not in some places, but everywhere and ALWAYS.

Do you really believe that any society is better off being based on coercion rather than voluntary association?

Tue, 07/03/2012 - 15:29 | 2584950 JimBowie1958
JimBowie1958's picture

You really think that autonomous group coersion is better than government coersion?

Because there is no such thing as a 'voluntary society'; that is a libertarian myth the equivalent of the final communist utopia. You get one form of organized coersion or another.

When you talk about no government you are talking fantasy unicorns shitting skittle storms happy thoughts.

If you rid yourself of one government and all that happens is ANOTHER government takes its place.

The government we have now  has flaws, no doubt, but it is better than any other out there, and government is an unavoidable, necessary evil, but nonetheless necessary. And we can change it by organising in a democratic way and working within the system.

So work within that voluntary and democratic system or go whine in a corner, but you arent going to do much more than that anyway.

Tue, 07/03/2012 - 16:07 | 2585048 akak
akak's picture

You are clearly a person of very limited vision and no imagination, and with an abiding fear of challenging the status-quo paradigms.

The free market is (or has been) simply "anarchy" -- the lack of coercion --- in the economic sphere.  It is disingenuous and frankly obtuse to suggest that the lack of coercion is impossible in other spheres of life as well.

Although this is not the best example, we already effectively have anarchy in one realm, and always have had it: between nations.  There is no one overriding coercive power that rules over nations.  Is this situation perfect?  Obviously, no.  But it works, more or less.  Libertarianism, however, unlike statists of all stripes, never promises perfection on earth.

Tue, 07/03/2012 - 11:33 | 2584001 Bay of Pigs
Bay of Pigs's picture

Are you trying to challenge MDB now?

LOL...good one.

Tue, 07/03/2012 - 15:16 | 2584904 JimBowie1958
JimBowie1958's picture

So there is no beneift to government standardization? To government construction of roads, bridges and airports?

I guess the free market would have done all this all by itself?

We have government because the strong subjugate the weak at whim. Most would rather have some controled force working to the good of all instead of random coeersion which is what you have in anarchy.

If anarchy works so well, why have governments replaced all such societies? Why is it different this time as opposed to the length and breadth of human social evolution?

And try to reason instead of being a smart ass, OK? MDB is being sarcastic and I am being totally serious.

The fucking Bolshevics used anarchists to obstruct resistance against them then shot them all when they took power and could get around to it.

Dont be a fool.

Tue, 07/03/2012 - 18:48 | 2585479 Bay of Pigs
Bay of Pigs's picture

Why is it always so black and white to you pro big gov't types? That or complete anarchy? Come on, get real.

And you bring up regulation? What fucking regulation? 

Fool? Who is believing the lies? Not me pal.

Tue, 07/03/2012 - 08:54 | 2583293 aleph0
aleph0's picture



Makes my day everytime the EU gets FaRaged ...

So refreshing to know one is not alone .... and not insane.

Tue, 07/03/2012 - 09:00 | 2583314 walcott
walcott's picture

that flag is an abomination.

Tue, 07/03/2012 - 09:01 | 2583316 Itch
Itch's picture

When Farage "goes off on one", all you can do is feel sorry for Rompuy and Barrosso.

Tue, 07/03/2012 - 09:56 | 2583469 JimBowie1958
JimBowie1958's picture

I know I dont feel sorry for them.

They deserve every whack they get.

I encourage Nigel to whack harder, faster and with even more gusto!

Tue, 07/03/2012 - 09:03 | 2583326 rsnoble
rsnoble's picture

Anyone get the feeling "something shitty" is about to happen? I've had that feeling for awhile now. Too many bad vibes in the air. Probably some huge 'distraction' event or something I don't know.

Tue, 07/03/2012 - 09:40 | 2583407 i-dog
i-dog's picture

More can kicking until after the Olympics. Then -- after August 12th -- watch out below!

Tue, 07/03/2012 - 09:08 | 2583334 Joe A
Joe A's picture

Good man!

Unfortunately, the Dutch first chamber approved the ESM just now, even though the content of it has been changed! It was already approved by the second chamber last week so nothing stops the Dutch government from ratifying it unless someone goes to the courts. There is only one answer for this:

Tue, 07/03/2012 - 09:10 | 2583340 Dr. Engali
Dr. Engali's picture

I love watching those pompus idiots squirm in their seats when he calls them out directly by name. It makes my day.

Tue, 07/03/2012 - 15:31 | 2584958 JimBowie1958
JimBowie1958's picture

Farage has some big balls, as ACDC would say.

I wish he would loan one to the US Congressinal GOP...just for a little while.

Tue, 07/03/2012 - 09:23 | 2583365 yogibear
yogibear's picture

Nigel Farage is dynamic whereas Ron Paul is a bit reserved.  Gotta like how he attacks the the hardened Euro bureaucrats. Need many more Nigels to keep hammering on all the US and Euro lies, energize people and to eject the current bureaucrats.  

Tue, 07/03/2012 - 09:47 | 2583422 unununium
unununium's picture

Sorry to interrupt the love fest, but Nigel is just talking his book.  Britain, like the US, fears (feared?) the Euro becoming too successful.  We fear someday needing it to procure the necessities of life, such as oil.

As the Swiss with their "reluctant" peg demonstrate, what's the point of controlling a currency, if you cannot print and spend it in those special situations?

Income inequality between the members of the EU is not a reason the Euro currency would not work.  After all, many think gold would make a swell currency for everyone.  No, income inequality is simply another reason that BAILOUTS cannot work.

The real mistake of the EUR masters is entertaining the idea of bailouts at all, in the first place.  As we all know, they are bailouts not of sovereigns -- but of banks.


Tue, 07/03/2012 - 10:02 | 2583499 Chicken_Little
Chicken_Little's picture

You are barking up the right tree, mate.

Tue, 07/03/2012 - 20:59 | 2585708 Centurion9.41
Centurion9.41's picture

Wow, are you really that stupid?

Please, if you havent moved to the EU yet, do so immediately. 

You need to be saved from yourself.

Tue, 07/03/2012 - 09:51 | 2583444 Gimp
Gimp's picture

Farage speaks for the powerless masses who know the system is on big clusterpluck bought and paid for by special interests.

Enjoy watching him make the weanies squirm.

Tue, 07/03/2012 - 09:56 | 2583466 Fort
Fort's picture

Dutch first chamber voted in favour of the ESM today. Not that it surprises me, Rutte in the MSM already campaigning against Europe. Instead of showing proof of his objections to bailing-out banks with ESM money he sent his finance minister J.K the Jager to the first chamber to plea in favour of the ESM making sure it would pass the vote today. Although I doubt additional support was necessary. Dutch politicians are so pro-EU. Dutch elections in September are so incredibly unimportant in this entire scheme and the outcome is so predictable, that I wonder why Nigel put any faith in the Dutch elections of September at all.

I won't bother to vote, fucking waste of time. Enough lies and I'm indifferent to the argument "if you don't vote you should not voice your opinion." I always exercised my right to vote but guess what politics were indifferent to voters. Most notably the no vote in 2005 65% of the population voted no and what did the conniving SOB politicians come up with? The F***ing Lisbon treaty. Even if it means suffering for 10 bloody years, I'm going to so bloody celebrate the day this entire bloody scheme falls down.

Tue, 07/03/2012 - 10:01 | 2583497 JPM Hater001
JPM Hater001's picture


Tue, 07/03/2012 - 10:08 | 2583527 theprofromdover
theprofromdover's picture

Whenever you see Van Rompuoy and Barroso, you just get the feeling that they think the coup is over, and they won.

They just don't seem to see that they need to consult the rest of the continent, or reach a consensus, or even listen to alternative viewpoints.

You just know they don't see any reason why they should be in the chamber with the little people like Farage.

Might have been tolerated if they were all-knowing, and brilliant, and effective, and people recognised them as the best of the best. Unfortunately they are merely under-managers with stolen 5* epaullettes pinned on their puny shoulders.

Tue, 07/03/2012 - 11:14 | 2583885 Againstthelie
Againstthelie's picture

Ofcourse they are winning. They are on their path torwards EUSSR and the destruction of the nation-states of the White Race.

Almost nobody knows (thanks to MSM) that Barroso is Maoist. If you only don't like to glorify jews, the MSM will crucify you, but if you're admiring the murderer of more than 60 million people during peace times, the biggest murderer of all times, then they have no problems to support you!

Tue, 07/03/2012 - 10:43 | 2583738 Overfed
Overfed's picture

Gawd, I wish Ron Paul could elocute like Nigel Farage.

Tue, 07/03/2012 - 10:57 | 2583810 giggler123
giggler123's picture

You only have to look at the proportion of votes UKIP gets - sorry got... ;)

Tue, 07/03/2012 - 11:03 | 2583829 Carpathia
Carpathia's picture

Thank you Nigel!  No need for you to turn the corner.  You'ver been spot on for a very long time indeed.

Tue, 07/03/2012 - 11:07 | 2583846 Againstthelie
Againstthelie's picture

This man is such a brilliant speaker. Although English is not my mother  language, it's always a pleasure to listen to him.

And he's the proove that Democracy doesn't work: He is not UKs leader and never will be. Too smart for the sheeple.

Tue, 07/03/2012 - 11:22 | 2583928 eri
eri's picture

Oh, is that him again?

The hero of all Zero Hedgers, who "tells it just like it is"?

He makes me sick.

Preposterous MI6's "civilian contractor"/scumbag on the paylist

Tue, 07/03/2012 - 11:24 | 2583941 d_taco
d_taco's picture

Farage is a City Bankers friend. He advocating higher pay-outs for bankers. That is what he said in the Max Keiser Show. "Ordinary people do not understand but bankers need more money", I am not joking that was wat he said.

Tue, 07/03/2012 - 11:30 | 2583984 Freewheelin Franklin
Freewheelin Franklin's picture

+1, Mr. Farage.

Tue, 07/03/2012 - 12:14 | 2584202 Apostate2
Apostate2's picture

Escaped from O'Blighty to listen to the Nigel giving those barking bahookies a send up.


Tue, 07/03/2012 - 12:15 | 2584203 Grand Supercycle
Grand Supercycle's picture

Rally Warning Confirmed...

As mentioned earlier, further equity strength and USDX weakness expected this year according to my analysis.

Tue, 07/03/2012 - 12:57 | 2584351 Peter K
Peter K's picture

Talking truth to power, at its best:)

Tue, 07/03/2012 - 13:24 | 2584441 AchtungAffen
AchtungAffen's picture

Neil Farage is a clown and I can't believe anybody believes him...

Tue, 07/03/2012 - 20:56 | 2585704 Centurion9.41
Centurion9.41's picture

Seriously, you would think by now they all wouldnt still be looking inbred....

Rumpy looks like a character hoping to get a break into a B grade movie.

How do the Europeans get up in the morning and look in the mirror?

Tue, 07/03/2012 - 20:56 | 2585705 Centurion9.41
Centurion9.41's picture

Seriously, you would think by now they all wouldnt still be looking inbred....

Rumpy looks like a character hoping to get a break into a B grade movie.

How do the Europeans get up in the morning and look in the mirror?

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