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German Bundestag Approves Second Greek Bailout
As expected:
- GERMAN PARLIAMENT APPROVES SECOND GREEK BAILOUT - BBG
- GERMAN PARLIAMENT VOTE 496 IN FAVOR, 90 AGAINST, 5 ABSTAIN - BBG
Same thing from Reuters:
Germany's parliament approved a second Greek bailout package on Monday despite growing German unease over debt-ridden Greece's ability to push ahead with painful austerity measures and remain in the euro zone.
It was not immediately clear if Chancellor Angela Merkel, facing a revolt from a small group of members of parliament from her own coalition, had to rely on opposition votes to pass the 130-billion-euro ($175 billion) Greek rescue programme.
And now, here come ze German tax collectors. The Greeks are ready.
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Redcoats... all of them.
Ze German collectors shall hang high!
The German political class is totally confused by "European community" "European solidarity" They have jettisoned any real perception of the everyday life of their voters or of the future consequences of this "Rettungspaket."
perhaps because the numbers are so huge that they dwarf the comprehension of most?
have you noticed how many times news anchors have trouble with millions, billions and trillions?
Greece is not the one being bailed out.
It's the eurobanking mafia that is getting bailed out by the german taxpayer (and the greek taxpayer, and...the world taxpayers).
When are the sheeple going to wake up?
"All the above" slaughterer and the fact that they too have been bought and paid for just like all other "politicians" from all over the "totally and utterly broke" world!
I also distinctly heard a "Nancy Pelosi-esque" turn of phrase from the mouths of these Teutonic DC counter-parties. It is as if they all studied their political rhetoric through DVDs of Nancita's speeches.
Do again all the established parties voted yes. There is no paet on the most important question of the time that reflects the pnion of the people.
So I will vote far roght next time: NPD. Let´s see what Merkel says then.
Let´s bring their sick socialistic dream of a European superstate down!
Poor Germany. I really feel for them. They are going to pay most of the bills, while the the rest of Europe parties on.
Sometimes, it looks like being the more responsible ones are the ones get shafted the worst.
There is no justice. Sigh.
If I make a mistake, I pay for it. If somebody else makes a mistake, what the heck?!, I pay for that, too. It's the new justice system.
Problem: Germany got itself dirty with peripheral bonds.
Is the solution really for Germany to get itself even more dirty with peripheral bailouts?
Even Merkel, with her "safe harbor" statement today, seems to be admitting between the lines this will only lead to a catastrophic "Schweinerei".
How does it happen that a politician votes against the wishes of 80% of the voters. This is just like TARP in the US. Are the politicians blackmailed or threatened?
I think the word you're looking for is 'owned'.
p@wn3d
There just vassals for the Church of Bank of International Settlements.
Exactly. These German politicians had two days to read through 700 pages for the Greek "Rettungspaket" they voted on today. How many do you think managed that? It is as if the ghost of "Honk Paulson" were speaking through Merkel as she gloomily assessed the unknown unknowns of not passing the "Rettungspaket." History repeating itself as farce.
I bet 90% didn't even bother to start reading the bill. Too busy with male hookers pissing on them, you know.
The Greek MP had 1 evening to read 1000 poorly translated pages. Now, who do you call lazy uh? /sarcasm off
>How does it happen that a politician votes against the wishes of 80% of the voters
As I recall there wasn't a whole lot of support for the Iraq war but even after 1m+ of us marched in London our beloved Tony "JPMorgan owns my sphincter" Blair effectively said "i'm doing god's work" before launching 10+ years of humanitarian suffering.
The interests of the politicians are not the interests of the people. You see, the Eurocrat elites are so determined to abolish parliamentary democracy and establish a EuroSoviet Union, they will let nothing stop it.
They know full well, if Greece leaves, it will be better off within 2 years. And they fear this. Because if Greece leaves and is seen better off, the peoples of Ireland and Portugal and perhaps Spain may want to leave as well, thus bringing the 'project' of the Eurosoviet Union crashing down. The elites are determined to stop this from happening because they want to sideline democracy and give all powers to the Politburo (European Commission) and the Duma (European Parliament). This has been the goal from the get-go in 1957. They will not be deviating from this one iota. And all the while, they employ the main stream media to propagandize on their behalf with semi-threats like 'collapse if Euro disappears', 'default means genocide' and 'we must rescue or else World War IV' (WW III was the 'Cold War').
This is what this whole 'show' of the last 3 years has been about, 'saving the project' ie saving their dream of ending parliamentary democracy and re-establishing pre-1914 rule by decree with a mutually appointed elite taking the place of the old hereditary elite.
"Confused" would imply that the (majority of the) political class still has good intentions towards their constituents, not towards CYA.
I very much doubt that.
Everyone knew this was going to pass. The real question is PSI and CAC. Will they get 75% participation dont know but they will have to use CAC which will have to trigger CDS. So no German tax collectors because Greece won't be in the Euro much longer.
Funny that, the Redcoats in the American Colonies were press-ganged soldiers from Hesse and Kassel
True.
Classic. Let the absurdity commence.
thank god. its all fixed now. time to buy more AAPL
approval - applause - may the dance continue...
schweinehundez, truthinsunshine!
"496 IN FAVOR, 90 AGAINST" - This soo (NOT) reflects the sentiments of the German people(especially taxpayers)
80% of politicians in favor - 80% of citizens against
yeah, that's what I thought as well.......so much for representative democracy......
there are elections next year... elections next year...
who knows what will move the political will then?
Who cares..... the only party in germany who rejected the quick introduction of the EMU, the bailout crap, and first mentioned the option of default....
....would itself be unable to run a balanced budget..... but for the benefit of the lower-to-middleclass..... until germany too is insolvent.
In german party system, you vote for suicide by elite-spendogasm, or suicide by lower-class spendogasm.
"80% of politicians in favor - 80% of citizens against"
The 2008 "TARP" farce produced virtually identical ratios in the United States. American taxpayers were ultimately brought to heel then, as have their German counterparts today.
99% of Americans were against the bank bailouts. I remember congressmen receiving a thousands call against the bill for each supporting it.
Senate vote : 74% voted for it.
http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm...
House vote : 60.5% voted for it.
http://clerk.house.gov/evs/2008/roll681.xml
Even after this... The stupids voted for Obama and McCain, who both voted for this crap...
Not to mention, 2008 house reelection rate : 94% Senate reelection rate : 83%... yeah people were so pissed they reelected their crooked representatives...
http://www.opensecrets.org/bigpicture/reelect.php
People are fucking stupid.
In general I agree with you. However, don't be surprised that one of the BIG reasons the same sheissters keep getting elected is NOT because they're actually winning a numeric vote count during elections. Rather, they are winning an electronic, massaged, adjusted, passed-along, non-transparent, secret-location numeric vote count.
In other words, in the elections where there is real power at stake....the results are already decided for you. Thus, you have unbelievable scenarios like con-gress voting against 90% of their constituencies, while 70-80% of them who voted that way....miraculously manage to retain their seats.
What's that saying? "If voting really changed anything, it would be illegal."
Ignoring RP, what would be their alternative? Not voting?
Surely the most integer approach, yes.... but would it in the short-term change your stats, which only count votes, but not non-votes? IIRC, USA was that nation where the majority of the population does NOT vote, right?
So i'd say.... the majority of americans are already past "voting", and are now in the "inaction and ignorance" spectrum
What I have realized in the past decade or so is that representative democracy fails almost every single time to represent the will of the people. Now whats amazing about this is that the people don't get mad about it, and continue electing and supporting fake assholes. Why do people like romney and santorum, who spend more time working on their physical appearance rather than their campaign platform get the kind of support they do?
Screw representative democracy. There should be referendums on every bill. People who can vote have to pass a test every 8 years. Same test for everyone in the country.
Only every third German is not jobless, retired, government employed...
Was it supposed to?
Hook, line and sink. Tax payers, put your palms on the hood of the bailout wagon slooooowly. U abt to be mishandled by the central planning mega-dildo. Again.
Ok, so are we good on selling this news?
it appears so! not much of a move, yet! i guess our "traders" still "digest" the news :)))!
Next bullish event: LTRO take-up!
Next bullish event: initial PSI take-up!
Then, the worm (Elliott) works its way in.
C'mon worm, show your ugly little head.
Default on March 23rd!!! Here it comes!!
Tax collectors are the cover for the real reason to bailout Greece, which is that the Europonzi needs to leverage Greece's gold to balance all of the shitty liabilities they have.
Gold collectors...hmmm.
Funny how the first thing that was siezed was the gold huh? They made a bee line straight for the gold, and ran their grandmother over to get to it. This aint no bailout fest. This here is all out unabated, give 2 shits, global gold confiscation in high gear...
hemmm... a possible claim has been agreed on it. I seriously doubt we will ever see eurozone warships in Pireus loading up the Greek gold
when it comes to gold, it get's easy to focus the attention - and possession is...
the voices in my head say the Greeks want to stay in that currency that has more gold reserves per capita than Greece, though - Greece's gold hoard is tiny
"Hans, the only problem I see with the second bailout is how do we get broke Greeks to pay it back?"
Overheard in a restroom stall at the German Parliament
the finimini was right!
slewie, did you know that he was a honest-to-God-bring-back-Silesia-back-to-the-Vaterland-firebrand before?
L0L!!! it seems odd at first
but he's still waving that vaterland-firebrand, isn't he?
look, for all the Dr. Strangelove aura he has, he is seriously smart - and (careful, big word incoming) a true patriot
no, I would not advise to take him lightly... of all the eurocrats, he really has a plan - or more than one
at least he can count votes!
Another perfect setup: Open the market lower on "uncertainty" (even though it was never uncertain), then rally on the vote! Works like a charm for what seems like the 100th time.
Right on -----
And just think how many stupid assholes bought in to it ------ more loot for bonuses.
Is every politicain, everywhere, bought and paid for?
How else do they get elected?
YES ! If they don't play ball Merkel and the Party Machine will destroy them. The SPD voted for War Credits in 1914
true, and they argued the French and the Russians would just have to pay for the war...
Only the ones who are still breathing.
Odd thing is...... no pop on the vote. I would have thought this was the "nail down 13K" event.
A word of advice to our Greek friends. DON'T MENTION THE WAR!
http://www.youtube.com/watch?v=7xnNhzgcWTk
Wow 100 points up in minutes once again. The news stories couldn't even keep up with it. STOCKS UNDER PRESSURE is still the lead hedline on CNBS. I am sure it was actual people buying and not algos with instant wired NY Fed cash.
Bankrupt Sea.
No credit "event" no CDS trigger being pulled, today. That gun has to be scary to have everyone willing to participate in this dog and phony pony show.
Vee vill vote for stahhhhbillleeteee and praahspeareeeteee.
Like hell!
Ha! They have you still believing there's a 'trigger'.
Explain yourself MrGeneMarchbanks Sir!
Solidarity, unity, patriotism are the words mostly used before a real agression.
Oh good.
This should last us into next week.
March
the March Hare.. mad as hatters this lot
The main keyword remain "Rothschild".
Red Shield, the main cause of all global conflicts.
Wunderbar!
Chirurgie gelungen, Patient tot,,,ach, Scheisse !
The patient died? Hey, that permits us to sell the organs to the highes bidder.
Never in human history have so many been robbed by so few.
The German people are bitches just like the Americans and the Irish. Their people are all too concerned with football and reality tv (or the German equivalent) to get off the couch and protest/riot against the corrupt bankster/politician duopoly that has infested western finance. The people are still wayyy more scared of their government than the government is of their people. When that changes, IF that changes then look out...
Honestly all this talk about Germany balking at this deal & its a 5 to 1 landslide pro bailout? This CLEARLY isn't the last bailout
GERMAN PARLIAMENT APPROVES SECOND GREEK BAILOUT
Euro Translation: Full Steam Ahead for a Public Train Wreck
Online poll at ftd.de has 77% voting AGAINST the bailout. Financial Times readers have nothing to gain from high treason.
whoever said Merkel is toast is just not in touch with public sentiment
The people are not part of the "Machine"...
So the march 8th default is off?
Gee, that was close! Good thing we watched that carefully. Now we can move on to those other hard-core holdouts the Dutch and the Fins. I'm sure they'll fight just as hard. Maybe they, too, will breach the mighty 15% level of resistance. I'm not sure why anyone acts like any individual state member of this mockery will suddenly grow a pair.
Let the Germans dig their own graves.
Every couple of weeks for how many years now we get a story to the effect of: "O my God, the [insert name of EU country] government might not pass the [insert name of newest bailout scheme], and then the EU will collapse! Will they or won't they?!" And the result each and every time (with the notable exception of Iceland), is that the government passes the new measures, saving the EU.
Can't you folks recognize that this is all a FARCE? No government will EVER refuse to pass the newest suicidal bailout scheme. All their huffing and puffing is for domestic consumption: when the people of Germany are overwhelmingly against more bailouts, the German government has to humor them and pretend that it was a real hard choice to do another bailout.
This thing is a done deal, barring an outright revolution with bank-shill heads on pikes. Wake me up when they get to selecting the 'national' anthem for the U.S. of Europe...
They already selected that anthem, it is a European variant of the well-known hymn "America Fuck Yeah -- Team America"
http://www.youtube.com/watch?v=IhnUgAaea4M
Fuck yea! Enough with all this "founders" bullshit, Thomas Jefferson, pffft. "O, stop torturing me I'm not a terrorist..." Pussies...Let's go ahead and make this our national anthem in Amerika. And it comes with a complementary lobotomy, and a life-time supply of Brawndo. Woo hooo!
USA!
UAA!
UA..S..what? Ah, fuck it!
Video worth watching:
http://www.youtube.com/watch?v=V5z0rQRdsiE
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