Greek Bank Deposits Decline For 7th Month In A Row: Tax Collectors Celebrate By Striking

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Mon, 09/12/2011 - 12:15 | 1659904 buzzsaw99
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chinese sticking it to greek shippers:


never sign a contract with a chink.

Mon, 09/12/2011 - 12:20 | 1659920 Id fight Gandhi
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True, but Let's keep it at chinaman.

Mon, 09/12/2011 - 12:21 | 1659926 buzzsaw99
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i started to write that but got lazy. i'm not prejudiced, i h8 everyone.

Mon, 09/12/2011 - 12:23 | 1659934 Id fight Gandhi
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I know how it goes. I say stuff just to piss people off.

Mon, 09/12/2011 - 12:51 | 1660021 buzzsaw99
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lotta that around here. ;)

Mon, 09/12/2011 - 12:57 | 1660043 j0nx
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This line was once used on me here: Also, Dude, chinaman is not the preferred nomenclature - The Big Lebowski.

Mon, 09/12/2011 - 14:09 | 1660274 fries_with_that
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Mon, 09/12/2011 - 12:28 | 1659953 TruthInSunshine
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I have no malice towards the Chinese People, but in all honesty, after dealing with Chinese business people, anyone who wants to be honest and forthright will admit that they are nearly impossible to deal with, as there really is no point, after handshakes, oral assurances or even the signing of documents, that they won't try to deny the most obvious facts and agreements, and in many cases, I do believe they'd be able to look anyone in the eyes and swear up and down that any agreement, no matter how detailed and clear, is completely opposite of reality.

Mon, 09/12/2011 - 12:47 | 1660005 Muddy1
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Obviously then Obummer is our first African American/Asian American President.

Mon, 09/12/2011 - 13:00 | 1660050 j0nx
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Nice! But  Chinese don't have that market cornered. Politicians in general behave that way. Lawyers too. Obama is the trifecta of liars in that case.

Mon, 09/12/2011 - 13:01 | 1660059 Jack Kreuz
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No surprise here. Next: Chinese sticking it to Microsoft, Apple, Nestle, et cetera.

Mon, 09/12/2011 - 12:16 | 1659910 yabyum
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Our Tax collectors never strike:(

Mon, 09/12/2011 - 20:16 | 1661883 StychoKiller
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Perhaps they will if it's THEIR salary getting cut...

Mon, 09/12/2011 - 12:17 | 1659911 RobotTrader
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Everything is getting liquidated today.

Except for bonds and all the triple-whammy inverse ETF's

Mon, 09/12/2011 - 12:54 | 1659917 buzzsaw99
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just because a 3X short fund is up doesn't mean it isn't being sold.

Mon, 09/12/2011 - 12:24 | 1659938 Belarus
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Everything is getting liquidated today.

You're right. And that is your answer to why Gold and Silver are selling off and were in Asia markets on Sunday. Europe looks more like the U.S. in fall of '08. Everything getting liquidated. 

So, either they print more money (ahem, IMF with NAB, G-7, ECB, and FED) and Gold and Silver will continue to outperform everything....or everything collapses, including stocks, gold, and silver and the only winner....

Physical Precious. So either way, PM's win.

Mon, 09/12/2011 - 12:49 | 1660012 Muddy1
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jacketed lead is now a PM?

Mon, 09/12/2011 - 13:00 | 1660052 SheepDog-One
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Always been a PM to me.

Mon, 09/12/2011 - 12:17 | 1659913 stormsailor
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if that head and shoulders breaks correctly on the /es, tallyho down to 1121.

Mon, 09/12/2011 - 12:22 | 1659929 SheepDog-One
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What is Bernank trying to make the case for Sept 21? 'While the markets are for the most part very stable recovering most all losses within hours, and still within 15% of ALL TIME highs, we're going to embark on huge new stimulus for stawks'?

If anything, theyre desperate to funnel money as fast as possible to TBTF banks, and equities will be sacrificed to do it. No matter, it will be the endgame final monetization bailout anyway.

Mon, 09/12/2011 - 12:17 | 1659915 cossack55
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Goat Republic

Sheep Republic

Olive Republic

Ouzo Republic

Whats a Republic

Mon, 09/12/2011 - 12:48 | 1660010 chunga
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Caper Republic?

Mon, 09/12/2011 - 13:11 | 1660088 HoardeBilly
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Republic: Verb: from the roots Re: again, Pub: drinking establisment, and lick: a lick or kiss, especially while brown nosing a banker...

Put it all together and its time to head to the bar again.

Mon, 09/12/2011 - 12:18 | 1659916 Id fight Gandhi
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Love how they're adding the new tax to their electric bills to be sure people pay. Otherwise lights out!

I say go long extension cords!

Mon, 09/12/2011 - 12:56 | 1660038 dearth vader
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On a long enough extension cord the electricity bill for everyone drops to zero.

Mon, 09/12/2011 - 13:20 | 1660122 Id fight Gandhi
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Jus plug into your nearest gov. Run building and back feed to your house. Everyone is on strike anyway, who's to notice.

Mon, 09/12/2011 - 20:19 | 1661888 StychoKiller
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Now see, why is it that YOU aren't in Govt, proposing solutions? :>D

Mon, 09/12/2011 - 13:51 | 1660213 MachoMan
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How pitiful is that?  The tax collecting authority says, "fuck it.  they'll just lie to us and get around paying taxes."  Really? lol....

So is a "walmart" implemented tax going to come to america when this finally hits our shores?

I guess greeks may be presented with a little different build or buy decision with solar, etc. if the electricity bills will increase very much...  goodbye electric bill, goodbye tax...  pays for iteself in no time.  (might even generate enough to sell to a neighbor or go in halfsies).

fucking hilarious...  and by hilarious I mean of the tragic comedy variety.

Mon, 09/12/2011 - 12:20 | 1659921 CrashisOptimistic
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participation rate in the strike is over 90%," said Yiannis Grivas, head of the tax collectors' union, or POE-DOY. "The workers are striking to protest the looting of their income."


You simply cannot make this up.

Mon, 09/12/2011 - 12:42 | 1659997 11b40
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JUST SAY NO!  To Austerity, Bitchez!

Mon, 09/12/2011 - 12:21 | 1659924 RobotTrader
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All I'm saying is that PM's, oil, grains, etc. are not immune to a credit event selloff.

As Bob Brinker likes to say, "Everyone goes, including the piano player"....

Mon, 09/12/2011 - 12:33 | 1659967 hungarianboy
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I agree with you Robo

Mon, 09/12/2011 - 12:55 | 1660036 tocointhephrase
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You would, your the same freakin person (duh)!

Mon, 09/12/2011 - 13:45 | 1660195 hungarianboy
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oh please....

Mon, 09/12/2011 - 12:43 | 1659995 thunderchief
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Well I don't Robo

So go ahead and sell all your PM's to these crooks who are scooping up the shares during these panic sell offs. 

And when your done go hang from that cheap shower curtain in that shithole rental that none of us really where its at. 

Just make sure you throw that cell phone in the toilet before you go about your business. So you don't disturb the rats. 


Mon, 09/12/2011 - 12:54 | 1660019 SheepDog-One
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Robo sold his gold before it went over $1,000, calling the blowoff top there. Then spent the last year making fun of 'Gentleman Jim's' calls for higher gold upon every slight dip all the way up another $800.

Mon, 09/12/2011 - 12:21 | 1659925 Greater Fool
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"The participation rate in the strike is over 90%," said Yiannis Grivas, head of the tax collectors' union, or POE-DOY. "The workers are striking to protest the looting of their income."

The unintentional comedy quotient of this statement cannot be measured by human science.

Mon, 09/12/2011 - 12:21 | 1659927 PSEUDOLOGOI

We now know that the US is an Onion Republic, which leaves open the question: what is Greece...


Since no single vegetable will do, let's use several and call it:



Mon, 09/12/2011 - 12:23 | 1659930 TruthInSunshine
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If Greece is an Onion Republic, Amerikranski is the Land of the 5 B's:

  • Bananas
  • Bubbles
  • Bullshit
  • Bluffery
  • Bankruptcy


Amerikranski, fronted by Obama, The Bernank & Timmmmay, is full of noise & fury, yet signifies nothing (thanks for breaking all global markets, Bernank, you righteous imbecile of the highest order).


And by the way, we're about to re-live that special time when people would just as soon wipe their ass with their "highly volatile" certificates of stocks than they would own them.


Mon, 09/12/2011 - 13:16 | 1660111 prains
prains's picture


Mon, 09/12/2011 - 13:17 | 1660115 edotabin
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I was thinking maybe the US can sign van Rompuy in a multi-million dollar deal so as to solidify the dream team!

Mon, 09/12/2011 - 12:22 | 1659931 Cdad
Cdad's picture

Buy...the Floating on Air trade, the Costa speaking in tongues trade. 

Super bullish that the Greeks have yet to fire ANY public sector workers, I'm sure.

Also bullish is the Buy the Ramp Trade about to fall on its face.

Also super bullish that Blight on America bank can no longer maintain their part of the Ponzi trade.

Also super bullish is that President Zero is trying to ride to the rescue with US spening increases right when the Super Congress is cut spending.

Superdee duper bullish such BlowHorn phrases as "the bloom is off the vine" and "the race to the bottom" and "long, painful process."

Wow...I can hardly contain my bullishness.


Mon, 09/12/2011 - 12:31 | 1659947 SheepDog-One
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Cdad is it anything like Erin Burnett's popular 2009 'Walkin on sunshine' trade?

'We're floating on air down here on the exchange floor'....uh Bob, that sure doesnt SMELL like air.

Mon, 09/12/2011 - 12:32 | 1659963 Cdad
Cdad's picture

Not sure, Dog...if the FOA trade is anything like the WOS trade.  Can hardly remember E. Burnett, either.

If the BTFR trade is to succeed, it is going to need some serious criminal manipulation trade gasoline.  Don't see it...not on things I am watching.

Mon, 09/12/2011 - 12:29 | 1659954 SheepDog-One
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'Cut spending while increasing frivolous handouts to career unemployed the Legend of Baggerbama! That is one magical negro right there!

Mon, 09/12/2011 - 17:13 | 1661376 TruthHunter
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"President Zero is trying to ride to the rescue with US spening increases"


Uh, Its spelled spinning...

Mon, 09/12/2011 - 12:22 | 1659933 AngryVoter
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A peach... as they move to an enlightened debt jubillee!

Mon, 09/12/2011 - 12:24 | 1659939 JPM Hater001
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In a country of people that prides itself on cheating tax collection this is a completely predictable event.  Just wait until mom goes on strike.  What then?


And I favor the "Garlic Republic" - if you eat it anyone you speak with will think you stink.  And you do.

Mon, 09/12/2011 - 12:25 | 1659940 Ghordius
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"Total, unprecedented, unbelievable chaos"

Unprecedented? Not in Greece! Same goes with Greece Sovereign defaults.

Mon, 09/12/2011 - 12:28 | 1659950 PulauHantu29
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Swiss bank deposits increased by correspondingly large amount did you say?

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