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Greece Runs Out Of Ink, Can't Print Tax Forms

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Wed, 09/28/2011 - 07:39 | 1717824 ZeroPower
ZeroPower's picture

...or ouzo.

Wed, 09/28/2011 - 07:51 | 1717869 j0nx
j0nx's picture

Or hot hairy greek bitches. Fire sale on those? I'll take 2!

Wed, 09/28/2011 - 08:18 | 1717927 johnQpublic
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Wed, 09/28/2011 - 08:39 | 1717967 Gully Foyle
Gully Foyle's picture


Why do Italian men grow mustaches?

To look like their Mothers.

Mrs.Carberry: Fecking Greeks!
Colm: It isn't the Greeks, it's the Chinese he's after.
Father Ted: I'm not after the Chinese!
Mrs.Carberry:I don't care who he gets as long as I can have a go at the Greeks. They invented gayness!

Wed, 09/28/2011 - 09:38 | 1718126 GRsilverking
GRsilverking's picture

Greek girls are not hairy any more & are the hottest in EU. Maybe get your head out of the sand and go visit someday. It's not 1970.

Greek gov may be thives & bastard but the Greek people are good. Since everyone including the tax collectrors were on the take they learned to no have to pay tax. Most employees are paid 30% of salary in cash in small or large business. As one teaches thier dog that's how is goint to behave.

Wed, 09/28/2011 - 10:15 | 1718257 Caveman93
Caveman93's picture

If they cannot afford ink, how on this Earth will their women afford Nair, razors and wax? Just asking. Yeah, pretty hairy indeed!

Wed, 09/28/2011 - 10:25 | 1718285 MS7
MS7's picture

What a fascinating question. Maybe you should do a study a report back to the geniuses here.

Wed, 09/28/2011 - 10:32 | 1718304 The Big Ching-aso
The Big Ching-aso's picture

"Greek girls are not hairy any more..."

Yeah he's right.    They're trying to be like Armenian chicks.


Wed, 09/28/2011 - 10:30 | 1718290 MS7
MS7's picture

Desperately seeking riot dog's mom?

Wed, 09/28/2011 - 10:49 | 1718382 covert
covert's picture

wish that would happen in America.



Wed, 09/28/2011 - 07:40 | 1717826 achmachat
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Wed, 09/28/2011 - 07:43 | 1717837 GeneMarchbanks
GeneMarchbanks's picture

no... just... tears.

Wed, 09/28/2011 - 07:40 | 1717827 doomandbloom
doomandbloom's picture

Pls contact Bernanke for more ink...

Wed, 09/28/2011 - 07:41 | 1717829 papaswamp
papaswamp's picture

Damn beat me to it....

Wed, 09/28/2011 - 08:21 | 1717931 Manthong
Manthong's picture

Damn, Peak Ink..

Maybe gold and silver will be worth someting now.

Wed, 09/28/2011 - 08:35 | 1717958 Oh regional Indian
Oh regional Indian's picture

Seriously though, if what it portends wasn't sad, it'd be funny.


Wed, 09/28/2011 - 08:50 | 1717981 HoofHearted
HoofHearted's picture

You can't make this shit up...or can you? Is this the Onion back at it again? Unfortunately, life is often stranger than fiction.

Wed, 09/28/2011 - 07:43 | 1717838 turicum
turicum's picture

The Bernank is certainly able to "generate" more money from the same amount of ink than the greek tax departement.

Wed, 09/28/2011 - 07:44 | 1717840 RemiG2010
RemiG2010's picture

I am sorry to inform you, that we at the FED as well ECB, are using an electronic ink only.

Wed, 09/28/2011 - 07:58 | 1717888 YesWeKahn
YesWeKahn's picture

Bernanke didn't need any ink, that was his lip work.

Wed, 09/28/2011 - 08:16 | 1717919 fockewulf190
fockewulf190's picture

Nah, the ECB will spring another loan for the ink, as long as the Greek Parliment guarentees an ink tax is added to all greek electricity bills forthwith.

Wed, 09/28/2011 - 08:36 | 1717961 Ghordius
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won't work

what the "disappearing ink" incident really means is that the Greek Government is losing it's grip on the state burocracies

the tax-collectors are, instead of getting a lot of grief from the population, just being obstructive

the Greeks won't pay, period - and the squidwashed PM of Greece simply won't admit it

Wed, 09/28/2011 - 08:39 | 1717966 trav7777
trav7777's picture

then bye bye services

Wed, 09/28/2011 - 09:43 | 1718141 zuuuueri
zuuuueri's picture

the greek state does not provide any useful services.

rather, the proper services you'd expect from a state (defense and courts) you have to pay extra for (for defense, there is a conscription, and service is not compensated).

any of the services of, say, civil urban society (like water, lets say) you pay for separately, and the services of local government like trash collection, well, theoretically local governments collect taxes too.. in practice it all goes through the  central government, so that Athens is often months or years behind in paying the money to city governments or paying the bills at e.g. hospitals etc, even if technically the budgetary funny money is supposed to belong to a city government..

Many municipalities actually pay the bills with income from renting out publicly owned assets, or from fees (which are skyrocketing) since that money doesnt go to athens and then theoretically return to the city, but stays in local hands.

but, again, bye bye services? they can keep 'em, nobody will miss them.



Wed, 09/28/2011 - 10:47 | 1718369 The Big Ching-aso
The Big Ching-aso's picture

I think the greek state should just become a volunteer nation and be done with it.

Wed, 09/28/2011 - 08:53 | 1717988 Mentaliusanything
Mentaliusanything's picture

The Hospitals are not paying the bills for the Pharmacy goods, the only pay when they go on stop. Some bills are years behind

This was in june 2010 http://www.businessinsider.com/greek-hospitals-supplies-2010-6

and  a year later its going to shit. I wonder if the Germans are happy lending them the money to pay the bills they sent them. 

Wed, 09/28/2011 - 09:41 | 1718134 GRsilverking
GRsilverking's picture

That is a bounch of shit for sure. We do & say stupid retarded things like that. Yes, they are disconecting thier electricity on their second home so they don't pay. They are subscribing to the "We will not pay" movement. Yes, this is the new movement. They do not care if the lights go off.

Wed, 09/28/2011 - 10:17 | 1718261 krispkritter
krispkritter's picture

1-800-BEN-4INK... Mr. BernINKe answers the phone 24x7...

Wed, 09/28/2011 - 07:41 | 1717830 Edward Fiatski
Edward Fiatski's picture

Oftentimes I think farce such as this is thought up on purpose by people in Power, only to laugh the peasantry in the eye.

Wed, 09/28/2011 - 07:41 | 1717831 turicum
turicum's picture

This is so, ahem, unbelievable, it can't be made up

Wed, 09/28/2011 - 07:41 | 1717832 LongSoupLine
LongSoupLine's picture

This is a direct result of Bernanke cornering the ink market...

Wed, 09/28/2011 - 07:49 | 1717850 Clint Liquor
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It was my understanding that the reason the USD is going up is that The FED had discovered a massive ink deposit in Alaska. If they can get through the permitting prossess the discovery will have a major impact on the supply/demand dynamics of ink. Greece should be Ok but they may need to buy some OCT.12 ink puts as a hedge.

A simple equation:


Wed, 09/28/2011 - 08:37 | 1717963 Unholy Dalliance
Unholy Dalliance's picture

Process, dear boy, process

Wed, 09/28/2011 - 08:32 | 1717950 youngman
youngman's picture

Is there an Ink ETF.....I´m in

Wed, 09/28/2011 - 07:41 | 1717833 Dick Darlington
Dick Darlington's picture


The law allows borrowers to repay their foreign currency mortgages at exchange
rates c. 25% below current market rates

Maybe the attention will soon shift to Austria and her banks with big eastern european exposures...

Wed, 09/28/2011 - 07:46 | 1717849 papaswamp
papaswamp's picture

That is the really under reported aspect isn't it. Some of those E.Euros are in serious trouble.

Wed, 09/28/2011 - 08:40 | 1717968 trav7777
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why do you suppose the dollar hasn't imploded already?  75% of worldwide debt is denominated in FRNs. 

Wed, 09/28/2011 - 07:46 | 1717834 Sequitur
Sequitur's picture

I hope this EuroTalf bullshit blows up in LIESman's face. Just like a grenade, somone please pull the fucking pin, and take all of CNBC with it. Toss Santelli a bomb suit, only one worth saving.

Wed, 09/28/2011 - 07:42 | 1717835 mvsjcl
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Wed, 09/28/2011 - 08:04 | 1717904 LeBalance
LeBalance's picture

close; we are talking PIIGS after all.

Wed, 09/28/2011 - 07:44 | 1717839 papaswamp
papaswamp's picture

The excuses are just getting better and better....at what point does German and France realize the Greeks have completely played them? 

I can hear the Greeks now...(snicker snicker)..."shhhh I told them we will make huge cuts..call the unions and ask for some strikes and demonstrations to make it look real..." (giggle)

Wed, 09/28/2011 - 07:49 | 1717863 turicum
turicum's picture

You mean, the Greek are not really sincere about the measures?

Wed, 09/28/2011 - 08:39 | 1717965 Ghordius
Ghordius's picture

they are as sincere as on the day they left a beautiful wooden statue in honor of the horse-creator Poseidon on the shores of Troy

Wed, 09/28/2011 - 10:52 | 1718394 The Big Ching-aso
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"........at what point does German and France realize the Greeks have completely played them?"

I think France should be especially worried that when Greece goes up in flames all those Bavarian Germans in Speedos will be headed to their shorelines.


Wed, 09/28/2011 - 07:44 | 1717841 Comay Mierda
Comay Mierda's picture

we will see the real revolt when they run out of toilet paper

Wed, 09/28/2011 - 08:01 | 1717893 disabledvet
disabledvet's picture

it's when they offer "digital toilet paper" that you'll see some "angst spillover" is what my sources in Greek intelligence have told me. "wipe your ass with your i-pad" apparently while "befitting the current Greek zeitgeist" has some "downside risk as well" according to "the planning committee."

Wed, 09/28/2011 - 08:58 | 1717997 Long-John-Silver
Long-John-Silver's picture

The real revolt will ensue when you can't use Dollars as toilet paper.

Wed, 09/28/2011 - 07:44 | 1717842 Arius
Arius's picture

thst doesnt sound good does it.... it reminds me of our FED on this side of Atlantic saving money by not publishing the M3 money supply report ... or at least that was the claim .... guilty as charged if i am mistaken ...

...the more things change the more they remain the same ...

Wed, 09/28/2011 - 07:44 | 1717843 Sequitur
Sequitur's picture

BAC on CNBC right now, claiming Treasury is "safe" investment. And inflation will be "low." If I hear "flight to safety" one more time, I'm going to destroy the big screen.

Wed, 09/28/2011 - 07:47 | 1717845 Salty Dawg
Salty Dawg's picture

Fed QInk 1 now officially part of Jobs pkg!!!

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