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G-Pap Speaks Live, Resigns
Headlines as the outgoing PM has what may be one of his last addresses to the nation.
- PAPANDREOU RESIGNS
- PAPANDREOU DOESN'T SAY WHO WILL LEAD NEW GOVERNMENT
- PAPANDREOU SAYS AIMED FOR CONSENSUS FROM BEGINNING
- PAPANDREOU SAYS HAS CONSENSUS NOW
- PAPANDREOU SAYS NEED OF UNITY MORE THAN EVER BEFORE
- PAPANDREOU SAYS GREECE MUST DO ALL TO STAY IN EURO
- PAPANDREOU SAYS GREECE MUST DO ALL TO EXIT CRISIS
- PAPANDREOU SAYS NEED OF UNITY MORE THAN EVER BEFORE
- PAPANDREOU SAYS WILL DO WHATEVER IS NECESSARY TO IMPLEMENT EU AID DEAL
In the meantime, L-Pap appears to be gone, and with it, the Fed and ECB annexation plans, and instead the speaker of the government Filippos Petsalnikos (or F-Paps) will most likely be named interim PM. What that means for the future of the country at this point is still unclear.
via BBG and Reuters
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Another G-pap headline in news and I will comit harakiri
I like F-Pet better. As in, soon to become "Fed-Pet"
Or "Fail Pet".
All these disrespectful comments aimed at well-meaning politicians are truly sickening. I am an experienced voter, and I can tell that Papandreou is a sincere and trustworthy leader who cares just as deeply about his country as any professional American congressman. Politics is NOT an easy business to be in, and Mr. Papandreou has demonstrated admirable courage and perseverance in the face of harsh and unwarranted abuse. One day our children will look back on the way we treated our hard-working politicians and they will be shocked at how ungrateful and spoiled generation has been.
"I am an experienced voter". Classic!
My favorite part: G-Pap cares about his country as much as any American congressman.
I love irony.
Robo, is that you?
lolololol really, all i can do is laugh at this post
mr obama you really need to stop posting on zerohedge
PS thanks for the christmas tax
"Mr. Papandreou has demonstrated admirable courage and perseverance in the face of harsh and unwarranted abuse."
LOL, as far as came up with a coup d'etat to justify the referendum, he was very brave.
This is where I have to disagree. The Greek prime minister was FORCED to hold a referendum due to domestic pressures and violent threats from his ungrateful constituents. We are now all paying the price for this failed policy of holding referendums on complicated economic issues. These issues should be left to economic PROFESSIONALS with experience in top academic and financial institutions only. This is what the markets have been telling us for a long time. This is a time for professionalism and excellence in the political process, and is not a time for wearisome and tedious referendums that impair vital economic progress.
Ben, enough is enough. Go back to the printer.
' This is a time for professionalism and excellence in the political process . . .'
Sieg heil and vive le empereur! Hail to the chief and meet the new boss!
Harumph, I say! Harumph! We gotta protect our phoney baloney jobs!
http://www.youtube.com/watch?v=uTmfwklFM-M&feature=related
Buwha hah ha ahahahahahahahahahaha
hahahahahahahahahah
hahahahahahaha
hahahahahahahahahah
hahahahahahaha
hahahahahahahahahah
hahahahahahahahahah
hahahahahahahahahah
hahahahahahahahahah
hahahahahahahahahah
hahahahahahahahahah
you should really be spending your time securing a rat hole to hide in. Not bothering good righteous hard working common folk on ZH.
Do you have any other experience?
Such wonderful satire does not warrant 19 down votes...sad people can't tell the difference.
Are you then positing the moniker "Smear-Pap?"
FedPet...sounds good. Let's roll with it.
Sounds like Federast.
Mayer Amschel Rothschild from the grave:
(Incidentally, Colonel Q got the Moe Green Special for not having a central bank under the fractional reserve racketeering umbrella, and his good buddy, Silvio Berlusconi, now faces an uncertain future for what reason? Anyone? Bueller?)
The full name is Philippos Petsalnikos. We have a P-Pet.
Pappy days are here again.
Don't worry.
Here's another retirement that will probably get much more press coverage (if you live in or near Pennsylvania).
http://www.bloomberg.com/news/2011-11-09/paterno-to-retire-as-penn-state-s-coach.html
Maybe he can become the new President of Penn State or he can coach the Nittany Lions.
Do we still care about the greeks?
You will when they default big, as in, 80-90% write-offs...
Greece is back!
...like the clap after shore leave.
It will be greeted with the same enthusiasm.
Yeah, but that won't happen until everyone is paying attention to somewhere else.... Italy anyone?
Isnt greece two percent of EMU GDP?
If so, then I am beginning to wonder if the banks are themselves promoting this unwarranted hysteria to avoid taking major losses. Might effect bonuses but doesnt seem to be an extinction level event.
Who benefits from this exaggerated hysteria?
Why can't this clown just go into the dustbin of history already? He's just going to come out every friggin day to reaffirm that he he resigning, which will kick off yet another mid-day reversal.
More importantly, do the greeks still care about the greeks?
Filippos Petsalnikos (or F-Paps)
F-Pet?
SNAFU. SSDD. BTFD.
Last we will see of G-pip. EUR/USD pip traders will miss him.
...looks like the PPT's bots are arriving to save the day. Trade this market?...you are kidding right?
Bye-bye G pip.
What euro state wants to even be apart of a failed experiment? and to suffer from that membership? Conclusion: the EU is done.
Bot levitation off of 1240 support. Text-book HFT play.
Cue Lagarde now, and then Clearnet, and then perhaps add a little Sarkozy at 3pm--feed it into the HFTs, we will close green! Confidence, confidence, confidence. Just repeat this word as much as possible for the HFTs.
There is no place like home, there is no place like home,
there is no place like home,
to bury my gold and silver,
follow the yellow brick road, thank you L Frank Baum
From Wiki http://en.wikipedia.org/wiki/Political_interpretations_of_The_Wonderful_Wizard_of_Oz
In a 1964 article[5], educator and historian Henry Littlefield outlined an allegory in the book of the late 19th-century debate regarding monetary policy. According to this view, for instance, the "Yellow Brick Road" represents the gold standard, and the silver slippers (ruby in the 1939 film version) represent the Silverite sixteen to one silver ratio (dancing down the road).
The Wizard symbolizes bankers who support the gold standard and oppose adding silver to it... Only Dorothy's silver slippers can take her home to Kansas", meaning that by Dorothy not realizing that she had the silver slippers the whole time, Dorothy, or "the westerners", never realized they already had a viable currency of the people.[
I cannot believe this tidbit of talk is actually causing the EUR/USD freefall to hesitate. People are on some pretty good drugs - and their NOT sharing!!!
everytime G-Pap speaks I buy more gold....working well so far!
Kinda like a drinking game.
Now we got G-Pip and Silvion out, why don't we just replace all of the EU leaders with IMF and GS alumni. How about Hank Paulson to lead Spain, and let's put Strauss Kahn back to work in Portugal.
seriously why the fuck cant the PIIGS just hold a joint press conference and say "fuck you all, we're gonna do our own currency thing" and just default already. who do they think they are kidding with all this bullshit of "we'll fix our problems"?
Don't we have a real problem when Leaderless contries are viewed as better than when they have a leader?????
Market rallies everytime a country's leader steps down with no replacement??
So they played a best 2 out of 3 rock paper scissors in Greece and they still don't have a loser.......rally on dudes.
F-Pap? How do you get F-Pap? Come on! F-Pet maybe. Sometimes you guys to far.
Simon Says is a much easier game to play.
Calling the Mr. Ponzimaster Rehn! How's that Sunday night "last ultimatum" doing? He gave Greece 24 HOURS to sort this new golden unity gubbmint out and to name a new PM. Well, yeah, it's only Wednesday evening in Greece... No hurry, no hurry at all. Mr Rehn, how does it feel to have your tiny little balls squeezed by hairy greek hand?
Mortgage the graves BITCHEZZZZZZZZ!!!!!!!!!!!!
Slip out one Bilderberger. Slip in another Bilberberger. Greeks get your pitch forks,rope and molotovs ready.
NEED OF UNITY
like.. fiscal unity?
DOW chart reveals very overextended price action and another Wile E Coyote scenario...
http://stockmarket618.files.wordpress.com/2011/11/2011-11-09_dow_4_zb.png