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Football Legend Cristiano Ronaldo To Be Used As ECB Collateral

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Thu, 07/28/2011 - 12:08 | 1501329 Ahmeexnal
Thu, 07/28/2011 - 13:27 | 1501581 Urban Redneck
Urban Redneck's picture

Egotistical athletes and egotistical bankers, at least there is no question as to who is the bigger fish anymore.

Thu, 07/28/2011 - 14:06 | 1501702 Buckaroo Banzai
Buckaroo Banzai's picture

Meh. So what? Thanks to the 14th Amendment, the 16th Amendment, and the Social Security Act, any 14th Amendment US Citizen with an SS number has already been registered as collateral for the Federal debt. Yawn.

Thu, 07/28/2011 - 15:07 | 1501888 eureka
eureka's picture

I saw Ronaldo live - cremate L.A. Galaxy two weeks ago - believe me, he's worth it - he's from a paralel dimension of super human Football Played With The Foot Players.

Thu, 07/28/2011 - 15:34 | 1501959 Zero Govt
Zero Govt's picture

a Sliced & Diced Ronaldo ..there's nothing these banksters can't turn into debt money ...the Twilight Zone of banksters, life and indeed sport is now a digitalised moneygram for transfer to Big Bro central command at the ECB 

Thu, 07/28/2011 - 12:07 | 1501330 alien-IQ
alien-IQ's picture

No fuckin way. This HAS to be a joke. Really...please...Tell me this is a joke.

Thu, 07/28/2011 - 12:28 | 1501407 bob_dabolina
bob_dabolina's picture

It's a joke. 

Holy shit

Thu, 07/28/2011 - 12:44 | 1501448 TruthInSunshine
TruthInSunshine's picture

Debt slavedom, bitchez.

A little bit OT, but hide your precious, bitchez, 'cause Ireland is setting the example of FDR Gold Confiscation Part Deux:

 

Jewels, Gold Bars Seized as Ireland Chases Debtors - Bloomberg

 

And plain, old OT (even Israelis in Tel Aviv are bitching about The Bernank's monetary policies, bitchez):



 

  • Inflation Sparks Big Protests in Tel Aviv
  • Thu, 07/28/2011 - 13:35 | 1501607 Cathartes Aura
    Cathartes Aura's picture

    interesting link TruthInSunshine:

    But defense spending is only part of the story. In fact, Israel’s defense budget has come down dramatically since the 1970s, to around 6.3 percent of GDP in 2010 (the equivalent figure in the U.S. is 4.7 percent, and in France and Britain under 3 percent). In the meantime, Israeli spending on settlements in the West Bank and on welfare payments to the ultra-Orthodox community—where huge numbers of working-age males are allowed to study in yeshivas and collect government handouts—have ballooned.

     

    social engineering.

    Thu, 07/28/2011 - 13:41 | 1501627 KeyserSoze
    KeyserSoze's picture

    Israel doesn't need to spend heavily on defence when most of the war costs are taken up by the USA.

    Thu, 07/28/2011 - 13:48 | 1501649 Cathartes Aura
    Cathartes Aura's picture

    when these "schools" that teach "working age males" are located in, say, Pakistan, they are referred to as a breeding ground for "terrorists" & subject to drone strikes.

    who controls language, controls thought.

    Thu, 07/28/2011 - 14:52 | 1501839 KeyserSoze
    KeyserSoze's picture

    who controls language, controls thought.

     

    Reminds me of the word 'terrorist'. What the fuck does that even mean anymore??? It's the singularly most selectively applied word in modern day society.

     

    Thu, 07/28/2011 - 18:10 | 1502505 bread n circuses
    bread n circuses's picture

    Agreed. 

    Glen Greenwald has a good post on this.

    http://www.salon.com/news/opinion/glenn_greenwald/2011/07/23/nyt/index.html

    Thu, 07/28/2011 - 22:23 | 1503074 el Gallinazo
    el Gallinazo's picture

    It's easy, a terraist is the opposite of a freedom fighter.

     

    Osama Bin Ladin, 1983 - Freedom Fighter shooter of Russians

    Osama Bin Ladin, 2001 - Terraist patsy

     

    Both are usually CIA assets.  (See al Qaeda Libya rebels.)  It's sort of like the World Wrestling Federation.

    Thu, 07/28/2011 - 12:29 | 1501408 bob_dabolina
    bob_dabolina's picture

    /dup

    Thu, 07/28/2011 - 12:35 | 1501433 slaughterer
    slaughterer's picture

    Well, if Ronaldo needs to be seized as an asset, what are they going to do with him?  Sell him to Bayern München?

    Thu, 07/28/2011 - 13:23 | 1501577 AnAnonymous
    AnAnonymous's picture

    US citizens taste for victimology forces them to depict the situation as odious to Ronaldo.

    People calling that slavery or stuff... Typical US citizenism.

    The entity who is to be complained is the entity that is forced to accept that shit as collateral. Nobody else.

    Ronaldo is preserved: the entity will buy the contractual obligations to this football player and as he earns stuff like 10 millions or more euros per year. No big deal.

     

    I cant even know how this stuff is going to happen. Football clubs have failed in the past and the sequence is known: liquidation of assets (so the transfer fee is very unlikely to match 80 millions euros) and when everything is liquidated, players'contracts are nullified and players are let free.

    The story that an insolvent football club in an insolvent country that forks 80 millions euros to recruit a football player is the evidence of what people who are unfortunate to trade with the West have to expect when it comes to real wealth.

    Nothing, not even peanuts.

    Thu, 07/28/2011 - 12:07 | 1501331 rokakoma
    rokakoma's picture

    I think this marks the tipping point of the Spanish bank crisis. Mark this day!

    Thu, 07/28/2011 - 12:41 | 1501449 johnconnor
    johnconnor's picture

    I think they should use his girlfriend Yrina as collateral as well,

    I am sure these Goldman sach leaches that love Ukranian and Russian high end prostitutes would love it.

     

    <img src="http://www.funnyandcool.com/wp-content/gallery/irina-shayk-appears-on-th...">

    Thu, 07/28/2011 - 12:42 | 1501453 Ahmeexnal
    Ahmeexnal's picture

    Tipping point was long ago.

    Most cities and infrastructure have already been sold to creditors (oil rich Arab nations and Chi-pan).

    Not only in spain, but all over the eurozone and the british isles too.

    Many areas of Londinistan and other UK cities are now under sharia law as we speak:

    http://www.dailymail.co.uk/news/article-2019547/Anjem-Choudary-Islamic-e...

    Thu, 07/28/2011 - 12:43 | 1501459 johnconnor
    johnconnor's picture

    I think they should use his girlfriend Yrina as collateral as well,

    I am sure these Goldman sach leaches that love Ukranian and Russian high end prostitutes would love it.

     

    <img src="http://www.funnyandcool.com/wp-content/gallery/irina-shayk-appears-on-th...">

    Thu, 07/28/2011 - 12:43 | 1501460 johnconnor
    johnconnor's picture

    I think they should use his girlfriend Yrina as collateral as well,

    I am sure these Goldman sach leaches that love Ukranian and Russian high end prostitutes would love it.

     

    <img src="http://www.funnyandcool.com/wp-content/gallery/irina-shayk-appears-on-th...">

    Thu, 07/28/2011 - 12:44 | 1501463 johnconnor
    johnconnor's picture

    I think they should use his girlfriend Yrina as collateral as well,

    I am sure these Goldman sach leaches that love Ukranian and Russian high end prostitutes would love it.

     

    <img src="http://www.funnyandcool.com/wp-content/gallery/irina-shayk-appears-on-th...">

    Thu, 07/28/2011 - 12:08 | 1501335 slow_roast
    slow_roast's picture

    I bet Roanldo loves this.

    Thu, 07/28/2011 - 12:18 | 1501363 baby_BLYTHE
    baby_BLYTHE's picture

    He is HOT, lol.

    But in all seriousness, the United States(c) have and will in the future pledge its citizens as colateral.

    It happened in the 1930s (when the US offically went bankrupt) and will be again via a raid on the 401ks.

    You can bet Obama's team of lawyers have been working around the clock on this

    Thu, 07/28/2011 - 12:24 | 1501389 Stax Edwards
    Stax Edwards's picture

    Cue Vic Vinegar with strong compliment of the above post

    Thu, 07/28/2011 - 12:51 | 1501491 Founders Keeper
    Founders Keeper's picture

    LOL

     

    Thu, 07/28/2011 - 14:38 | 1501792 Troublehoff
    Troublehoff's picture

    Aye,

    Where are you, Vic?

    Thu, 07/28/2011 - 12:35 | 1501432 fishface
    fishface's picture

    COOOL

    Lets make a list of some assest there are

     

    1. this must be Bernank ( he can print money after all)

    2. Timmah

    3. Boner

    4. Reid

    5. - 200. one lot of DEMS

    200.-400 one lot of REPS

     

    any left..

    Obummer

    Thu, 07/28/2011 - 12:36 | 1501435 narnia
    narnia's picture

    that's all the national debt is...  a pledge by the US federal government that, in the future, its productive citizens will acquiesce to sacrificing their quality of life to subsidize government warfare, welfare & counter-productive attempted do-gooding.  

    these promises are worthless not because your average American is not good on his or her word, but because the non dumbed down "real" American has too much character to put up with it.

    Thu, 07/28/2011 - 13:38 | 1501617 andybev01
    andybev01's picture

    Lets take that one step beyond.

    If a person is unemployed when our economy goes belly-up (um...belly-up-er?) and thus non-productive, would that make that person a free man instead of a slave?

    Thu, 07/28/2011 - 13:54 | 1501672 Cathartes Aura
    Cathartes Aura's picture

    does the fictional character you mention have a socially insecure number assigned?

    Thu, 07/28/2011 - 14:38 | 1501789 narnia
    narnia's picture

    when this person lives in a community with an adequate enough black market to trade for all products he or she needs, and takes the initiative to engage in that trade by providing something of value (not just credit), then yes. 

    Thu, 07/28/2011 - 12:38 | 1501441 pappacass
    pappacass's picture

    As a PERSON you already are collateral.

    I'm delighted, as a long sufferin liverpool supporter I hope they kneecap the scumbag as soon as the default happens

    Thu, 07/28/2011 - 12:57 | 1501505 Founders Keeper
    Founders Keeper's picture

    [It happened in the 1930s (when the US offically went bankrupt) and will be again via a raid on the 401ks.]---baby_BLYTHE

    I see from your recent posts you've been reviewing banking history. You go girl. And thank you.

     

     

    Thu, 07/28/2011 - 12:08 | 1501338 SparkySC
    SparkySC's picture

    GOOOOOAAAAAAAALLLLLLLLL

    Thu, 07/28/2011 - 12:08 | 1501339 caerus
    caerus's picture

    this is bullish for corner kicks

    Thu, 07/28/2011 - 12:09 | 1501341 squidward
    squidward's picture

    Indentured survatude.

    Thu, 07/28/2011 - 12:10 | 1501342 Cognitive Dissonance
    Cognitive Dissonance's picture

    They better have some key man insurance on the poor bastard. And some on his legs as well.

    Thu, 07/28/2011 - 12:57 | 1501504 carbonmutant
    carbonmutant's picture

    And an assassination clause...

    Thu, 07/28/2011 - 12:11 | 1501345 YesWeKahn
    YesWeKahn's picture

    Isn't that slavery or human traffiking?

    Thu, 07/28/2011 - 12:19 | 1501371 SheepDog-One
    SheepDog-One's picture

    I dont know how they can be putting up PEOPLE as collateral with a straight face. This is total insanity.

    Thu, 07/28/2011 - 12:50 | 1501490 The Chuckling Cunt
    The Chuckling Cunt's picture

    Short answer: technically, no.

    Thu, 07/28/2011 - 13:31 | 1501599 knukles
    knukles's picture

    ECB Collateral Rules
    OK

    Let's think this through for a moment.
    What happens if the ECB's collateral is kidnapped and held for ransom?

    Who/what then has a priority of claim on the collateral?  The ECB or the kidnapper?  Posession is 9/10s of the law, no?
    Is there any diffenence between the priority of claims if the kidnapper is a terrorist organization (and thus an act of war) or a financial one (mafia like and thus crime)?
    How will the difference be settled in courts that seem to think that terrorism is a criminal offense and thus should be redressed with therapy, counseling and psychotropic drugs?
    Has an act of fraudulent conveyance been committed by the ECB?
    Either with or without the extension of credit upon Faggatio? 
    When do we cease to take any of this shit seriously? 

    Thu, 07/28/2011 - 12:11 | 1501346 qussl3
    qussl3's picture

    At least the collateral's market value isnt some BS like Greek bonds.

    For the next 5 years at least lol.

    Thu, 07/28/2011 - 12:13 | 1501349 TSA Thug
    TSA Thug's picture

    "Stock Bitch", really? Glenn Beck said that Obama policies are The World Cup. Watch/listen.

    http://www.youtube.com/watch?v=GPpxvOAVx5M

    .

    --You WILL Obey!
    http://www.youtube.com/watch?v=dTOcAt44_QA

    Thu, 07/28/2011 - 12:30 | 1501401 SheepDog-One
    SheepDog-One's picture

    < ;(

    Thu, 07/28/2011 - 12:28 | 1501406 SheepDog-One
    SheepDog-One's picture

    Glenn Beck fanboy man knock that off, doesnt Glenn need some more Vaporub to generate fake tears for Israel?

    ?Leaked Video Glenn Beck uses Vicks to fake Crying.flv?‏ - YouTube

    Thu, 07/28/2011 - 12:42 | 1501452 TSA Thug
    TSA Thug's picture

    Enough of the anti-Semitic vitriol from you already. In our training we have been taught how to easily identify you.

    .

    --You WILL Obey!
    http://www.youtube.com/watch?v=dTOcAt44_QA

    Thu, 07/28/2011 - 12:51 | 1501495 Cole Younger
    Cole Younger's picture

    I am not a Beck fan. I have watched his show a couple of times. What turned me off was the religious overtones. That being said, it was a photo shoot. You have no idea what lengths photographers do to capture emotion (fake or otherwise) With his religious views, I don't doubt he has some emotional issues over Israel but emotions during a sterilized photo shoot setting might be a little difficult to achieve. I am sure considering his montra, a crying Beck image will be used for ther things as well. Keep things in perspective. If you don't like his views, or the man, just say it.

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