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Follow The Berlusconi Vote Of Confidence Live

Submitted by Tyler Durden on 10/14/2011 06:46 -0400

The first call of voting for the Berlusconi "vote of confidence" in the lower house of the Italian parliament has started. Follow it live here. Should Berlusconi ultimately not get enough votes, and his government tumbles, all hell may soon break loose.

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Fri, 10/14/2011 - 06:48 | 1772736 GeneMarchbanks

Silvio! Lets get this party started! Where's my line?

Fri, 10/14/2011 - 06:51 | 1772737 qussl3

Where's the bunga bunga girls?

Wasnt that the point in the first place?

Fri, 10/14/2011 - 07:38 | 1772807 Ghordius

not many bunga bunga girls in parliament

not that Silvio does not try, he loves to propose hot candidates and Italians do vote for some of them

it's the part where we find out how many MP were bribed or are "secretly", i.e. when it comes to vote, for Silvio instead of against

Go Silvio, go, you are the lesser evil in Italian politics

Fri, 10/14/2011 - 06:57 | 1772744 broke433

Stocks/gold can only go up until EU summit.

Fri, 10/14/2011 - 07:06 | 1772762 mossme89

Wait, I'm confused. I thought stocks could only go up. You're telling me the market can go down too? Oh the horror!

Fri, 10/14/2011 - 06:59 | 1772745 PaperBear

"all hell may soon break loose"?

Would that include gold/silver rocketing ?

Fri, 10/14/2011 - 06:59 | 1772746 It is a bargin ...

Tyler..you may want one of your vast array of sources to spend 5 mins looking into the erruption in the Greek Blogesphere that Eurogendfor have arrived in the country, if true its a defo game changer.

Fri, 10/14/2011 - 07:03 | 1772749 gojam

+1 Just about to raise that myself.

From defencenet

""About the last hours say they have arrived in Greece a large paramilitary force of the European Force riot - Eurogedfor - Minutes Stratochorofylakis special unit, through the port of Igoumenitsa, fully equipped with armored vehicles."

Fri, 10/14/2011 - 07:03 | 1772758 Zgangsta

The beatings will continue until morale improves!

Fri, 10/14/2011 - 07:04 | 1772760 gojam

Link - http://www.defencenet.gr/defen...

Fri, 10/14/2011 - 07:11 | 1772768 Minoan

Defencenet is unreliable-but many Greeks read it for fun.

Fri, 10/14/2011 - 07:13 | 1772772 PaperBear

I don't read Greek.

Fri, 10/14/2011 - 07:07 | 1772764 qussl3

Will they collect taxes too or electricity bills, or close the borders?

The Greeks will just disengage from the system, good luck with collecting when nobody's home.

Fri, 10/14/2011 - 07:10 | 1772766 Lord Welligton

If true they had better sneak back over whatever border they came from.

I imagine the Greek people would view this as a military invasion.

Fri, 10/14/2011 - 07:22 | 1772779 Mentaliusanything

Yah Think.

My how blatent is that - Hilter would be so proud. The SS have arrived

"Saal-Schutz" (Assembly-Hall-Protection)

http://en.wikipedia.org/wiki/File:SS_cap_1.jpg

Fri, 10/14/2011 - 07:42 | 1772819 Scalaris

It's been a rumour circulating within Greek blogs until now without any verification from official sources except an announcement by the Hellenic Police Force rejecting it, vehemently. incidentally, it states that the European Gendarmerie Force arrived in Greece for a coordinated joint exercice for riot control.

I'd be inclined to believe official announcements discrediting conspirational rumours as much as the next person - if - the Greek republic wasn't imploding - and - I didn't already think that Troika's private army was already late for the party.

Fri, 10/14/2011 - 06:59 | 1772748 wandstrasse

Is there even more hell to break loose??

Fri, 10/14/2011 - 07:05 | 1772761 mossme89

No there isn't. Everything is bullish. Now please move along sheep.

Fri, 10/14/2011 - 07:01 | 1772750 knight99

Even if it falls they will find away to drive up the Euro. Italy 's unemployment for will skyrocket at least for underage prostitutes. Only willing to spend on parties as long as tax payers are paying for it.

Fri, 10/14/2011 - 07:01 | 1772751 Tic tock

everybodyknows Berlusconi is the Patsy for the Depression - you think anyone else is standing up to take the job?

Fri, 10/14/2011 - 07:01 | 1772752 Schmuck Raker

Have they passed their 2010 budget yet?

Fri, 10/14/2011 - 07:02 | 1772753 mossme89

If he doesn't get enough votes, that would be so incredibly bullish I'd practically wet myself in excitement.

Fri, 10/14/2011 - 07:03 | 1772757 stopcpdotcom

Mr Bunga-Bunga is a dirty old man.

http://www.youtube.com/watch?v=X1VgcxE9Lpw

Fri, 10/14/2011 - 07:03 | 1772759 Börjesson

Why is it that every other post on ZH speculates that all hell is about to break loose, when in fact the markets seem to receive all news in the same way, with a yawn of indifference? Couldn't you please ration the wolf-crying a little bit, to make it easier for us readers to figure out which news stories that may actually have some significance and which ones are just fluff?

Fri, 10/14/2011 - 07:06 | 1772763 Doc Strangelove

Oh folks, it's his 51st vote of confidence. And he won the other 50. He's the great survivor ...

Fri, 10/14/2011 - 07:15 | 1772775 LongSoupLine

When the casino is rigged, the house always wins the games. However, when the casino building itself is about to fall, even the BEST structural engineers can't say what "bad weather" event will collapse the structure.

Fri, 10/14/2011 - 07:21 | 1772783 mossme89

Knowing the current trend of the market, probably something like a legit European solution would be what causes a stock market crash. Europe found a solution? SELL EVERYTHING!!!!

Fri, 10/14/2011 - 07:16 | 1772776 Schmuck Raker

www.lemminginvestor.com

www.tellmewhatthemarketwilldotoday.com

www.idontknowthedifferencebetweenrealnewsandfluffhelpme.com

Try down the hall

[I woke up on the wrong side of the market this morning, Iguess.]

Fri, 10/14/2011 - 11:57 | 1773987 Piranhanoia

If you follow the site you know you are getting news everyone else is going to report later. Unless they can figure out how to ignore it.

Fri, 10/14/2011 - 07:10 | 1772767 LongSoupLine

What we need is a good ol' fashioned Italian volcano eruption.

Fri, 10/14/2011 - 07:18 | 1772780 AngryGerman

Berlusconi had that one inside Ruby

Fri, 10/14/2011 - 07:16 | 1772777 PaperBear

I don't see the for/against numbers on this coverage.

Fri, 10/14/2011 - 08:17 | 1772882 Schmuck Raker

The preliminary vote tally won't be ready before Q1 2012.

The Official Tally is expected by August 2012.

Final Tally comes out December 2012.

Then the Re-Counts start.

Court challenges.

And so on...

Fri, 10/14/2011 - 07:23 | 1772785 i.pagnottella

if the government falls, it will be cause for celebration, and spreads on Italy's debt would go down. no other new government could be worse or do less than this government. I should know I live in Italy.

Fri, 10/14/2011 - 07:23 | 1772786 youngman

I didn´t get invited to the Bunga Bunga parties..so I would vote him out...

Fri, 10/14/2011 - 07:25 | 1772788 AngryGerman

Trichet gives up (actually he still has three weeks), and admits that Europe is FUBAR:

"[...] The ECB, itself, has reached the limits of what it can do, Mr Trichet argues. [...] But he makes clear that the ECB will not act as a “lender of last resort” to governments. [...] “I think that the ECB has done all it could to be up to its responsibilities in exceptional circumstances … The ultimate backstop is, of course, the governments. [...]"

Thank God politicians know what they are doing...

full article: http://www.ft.com/intl/cms/s/0/e39974f6-f580-11e0-94b1-00144feab49a.html...

Fri, 10/14/2011 - 08:03 | 1772816 Curtis LeMay

Wie gehts AngryGerman !

The ECB, itself, has reached the limits of what it can do, Mr Trichet argue

LOL, the ECB started buying Spanish and Italian bonds again today Spain borrowed over $100 billion from the European Central Bank alone in September :o)

http://www.telegraph.co.uk/finance/financialcrisis/8782663/Debt-crisis-live.html

Thank God politicians know what they are doing...

Quite ;)

On the other hand, though the people are never wrong - we get the government we deserve.

As for euro-politicians, they are far more akin to dictators than mere politicians. Since when have they ever listened to the opinions of the people on any matter? I can't remember when, but it must be some time in the 1940's or something...

= = = = =

Just in from Frau Kanzlerin: Angela Merkel, speaking this morning, is playing down expectations of a quick solution to the eurozone crisis. Reuters reports she has said that the euro crisis cannot be solved overnight and there is no "big bang" solution. (Same link as per above...)

Fri, 10/14/2011 - 07:32 | 1772798 j0nx

He will survive by a measly 2 votes and the ponzi will continue unabated. Gotta make it dramatic for the proles. Where have we seen this script before?

Fri, 10/14/2011 - 07:40 | 1772817 sabra1

are only hookers allowed to vote?

Fri, 10/14/2011 - 07:58 | 1772846 PaperBear

Are they having a second vote ?

Fri, 10/14/2011 - 08:04 | 1772857 MiloKhan

I think the second chamber is voting, now. The first just voted. Besides that I can't tell much. At least C-SPAN has a nice little vote counter when they do this stuff =P

Follow The Berlusconi Vote Of Confidence Live

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