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Greek Parliament Passes Latest Austerity Vote
The Greek parliament just passed the latest proposed austerity plan with a majority voting Yes. Judging by the reaction of the EURUSD, which experienced a modest 40 pip short covering squeeze in the last few minutes, one would imagine that today's Greek vote outcome is surprising. It isn't: after all, all Greece has done is promise to do something it won't do in hope it can get another bailout package, this time amounting to €210 billion (of which its people will pocket a de minimis 19%). As we said earlier: "The only real questions are i) what the Greek population may do in response to this latest selling out of a population "led" by an unelected banker, which if history is any precedent, the answer is not much, and ii) how Germany will subvert this latest event, and put the bail [sic] back in Greece's court once again." Sure enough, to paraphrase what we said before, the question now is what the popular Greek response will be having learned its politicians sold it out yet again, which will likely be nothing much, as it is 1 am local time, and as everyone knows revolutions in heavily socialist countries only start between 9 am and 5 pm, with a 2 hour break for siesta. More importantly, keep a close eye on headlines out of Germany. That is all that matters now.
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Let the revolution begin. Not surprised though. Kick it one more time please!
The revolution will begin any minute now....any minute.
Yep any minute now...
srsly...
For real this time...
....it's going to happen soon.....
....real soon.
There it is...
Ooops.. nevermind.
Anyday now.
[The wind howls]
Anytime...
[The clock ticks]
.....aaaanytime now.
They must be getting reinforcements...
and, like, supplies...
Good. When they get back we will be prepared and ready....to start. Ready to start the revolution....
....in the meantime I guess we should wait for them.
[Checks watch]
Know any good jokes?
The Hulk, a Rabbi and a Baptist minister walk into a bar...
A white racist, a doommongering asshole and a silver-hating troll walk into a bar together.
The bartender asks: "So, what will you have Trav?"
Collapse off, risk on.
http://www.youtube.com/watch?v=v3CYpmfZ96c
U.S is in worst shape than Greece! --Nouriel Roubinia really stupid self-hating mudsharking fag walks into a bar and the bartender says, "akock get the fuck out of here."
The Greeks need to fight back with a huge erection. I mean insurrection. Whatever.
.....a priest a minister and a rabbi walk into a bar and the bartender says, what is this, a joke?
It's this sort of name calling that upsets me most..............
We all know Trav7777 is paranoid enough to have a few silver coins hidden where only the TSA can find em.
Right Trav?
Something, something ouzo.
Something, something gyros.
Am I doing this right?
[falls asleep]
why the fuck should Greece get a bailout???
Greece should simply be cut loose. No bailouts, nothing. Expel from euro let the greeks produce.
Apparently, Greek politicians are high on Bozonium™ if they "think" they've solved anything with this "vote!"
The "Revolution" has happened. The Banksters have taken over. That is your revolution.
Oh? You were expecting the sheeple to do something? Well, they did. They had their Union organized movement/party. It's over. Go home.
A revolution is impossible without a revolutionary situation; furthermore, not every revolutionary situation leads to revolution.
Vladimir Lenin
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
Methods of thought which claim to give the lead to our world in the name of revolution have become, in reality, ideologies of consent and not of rebellion.
Albert Camus
Every revolution evaporates and leaves behind only the slime of a new bureaucracy.
Franz Kafka
Hey Macho,
isn't 'sheeple' a synonym for shit-eater?
and if so why not call it like it is
the banksters win by default as usual
EXCEPT IN GREECE
maybe what we need in the us are more Greeks
At least, they show they have huevos
om
....everyone who HATES the way things have been going, keep voting for the same morons....
Supplies??
"23.05 GMT+2 A gun shop in Omonoia, Athens, has been looted" From DF Mish.. fwiw
The black debt hole grows deeper leading to the unrest. Debts than can not be paid won't be.
Glad I backed up the truck on those 1,400% bonds.....weeeeee
You hit it big!
Revolutions begin only when people are HUNGRY, literally.
Case in point:
-Benny does COCAINATED EASING 2
-Hence, food prices go thru the roof
-Hence, bread prices go thru the roof
-Hence egyptians that would spend 70% of income to just buy bread, now would not afford to buy food.
-Hence, people go kukuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu
Isn't that what is happening with the Europonzi?
Well, Benny initiated it and ordered his buddies to follow thru.
Cocainated Easing...lol...I like it.
Ain't nobodys bidniss but my own...
http://www.youtube.com/watch?v=h986aTCAo4w
My copyright.
the song was quite fitting
The song & the vid...lured & teased him, got him all tied up and helpless, then bit him right in the neck as everyone just watched.
The copyright will be respected ;-)
As I said above. you're just a son of a good mother.
I got hooked to this Taj Majal. I love blues jazz.
Son of good mother.
You just got me hooked to this Taj Majal. I love blues jazz.
Hence egyptians that would spend 70% of income to just buy bread, now would not afford to buy food
Apparently... Bread isn't considered food in Egypt
http://www.motifake.com/bread-helmets-bread-egypt-protest-stupid-helmet-demotivational-posters-133956.html
Thx thx thx a looooooooot
That's absolutely symbolic of the whole uprising.
That bread was for an afternoon lunchbreak, protesting is hard work...
Right, only hunger creates the conditions for true change, however evaporation of the revolution has always been the danger, leaving the slime of authoritarians in charge..
Is that the Ron Paul revolution? Oh yeah, that's right. It's already over. Is this the black swan or the tipping point or something? I bet this time the collapse wil finally occur and our descent back to the stone aged gold standard will begin. Preppers everywhere rejoice!
Everything is fine. Go back to sleep.
As an aside, Charlie Sheen didn't START OUT bangin 7 grams rocks.
Debt is like drugs that way.
#WINNING
EUR dropping bitches!
Ho-hum...futures way up...rally on.
(Angela Merkel heard angrily harassing her advisors)
"But you SWORE these austerity measures would be more than they would EVER agree to."
"Now how are we ever going to get out of this?"
now the hot potato is in Frau Angela's hands...
Now when the Greeks lose that 200 billion.. Or missplace it... Whatever....
I wonder how that cow will explain it to the rest of Germany that they need to caugh up another 300 billion to save greece by 2014.
To whom does it get "coughed up to" tho? Greece? Or the German/Swiss and French banks?
Greek QE3
In all seriousness, doesn't the German Parliament still have to pass something in referendum to bless the release of funds -- or it that moot at this point? Could be short lived celebration for the banksters.
Well it is not like these bailouts are really going to change anything.
Just lets them bide their time before the people wake up and realize there is no spoon.
And realize that uncomfortable feeling in their backsides is not their proctologist.
pods
By then, most islands will belong to Germany
yes.
She was able to take over a country without invading it, as 200+ Greek politicians just handed Greece over to the German cartel. Problem is, she just set Europe alight again...yes again.
That's a brave move by the members of the Greek Parliament - are there not general elections due in April 2012?
Every single one of them is going to be voted out, unless a state of emergency is declared, postponing elections indefinitely.
Riiight... Since when were elections legitimate?
Thats why the greek PM tried to replace the heads of the greek armed forces back in fall 2011.
(they think) They know what is coming and have anticipated it.
Now will it end up being open season on the politicians that voted for it?
The games have now begun.
for real i would think the greeks would burn down all the politicians assets..any that can be identified.
Yep, some general in Syria got woofed today.
Wonder why nobody wants to "save" the Syrians?
Um...
It's a test ground for totalitarianism. The elites of europe and the US are watching closely. Shoulda paid more attention to Zimbabwe. Mugabe wrote the book on middle class bloodshed and destruction.
Hey, aren't you supposed to be watching the Grammys?
Hahahahahhahah! Let the petrol bombs fly!
I can't wait to see what happens to gold and silver.
Gold is headed lower. Government Leprechauns at work!
Risk off, amigo. Time to reverse your mind-set about these things.
That is some of the weirdest action I have ever seen.
net net bad for the euro more added to the balance sheet of the fed...thats all that happens here it weakens the euro...also germany still has to say yes
It seems that way. The fact that the Euro "spiked" 30-pips on this news sounds very, very slippery.
Orly, bailouts are bullish!
Judging by the action over the past two to three weeks in the USD, especially relative to the Japanese yen, I would opine that it's different this time.
I gotta feeling this gon' git ugly.
:D
We were on the same page concerning the charts, but I didn't think Greece would get bailed out this time. It will get ugly before it gets better, but once again, I'm going to have to throw in the towel and step back and watch from the sidelines this week. Who knows where the ponzi will collapse next.
Yen, dollar, euro, theys all ugly.
I don't know if you have kids, Mr. Hendrix, but there's only so many times they can listen to the lame bedtime story wherein the Princess gets saved...again. Comes a time when the effect and the message wear ever-so-thin. Soon enough, they are relishing stories of Earl, the Evil Bunny, complete with sinister hand-shadows cast from a lamp beneath the blanket.
Seems to me it's time for the Evil Bunny to make his appearance. I'll have to clear my throat and practice the laugh: <<kicks shadow-head back...>> Bwahahahahahahahahahaha-haha-ha-haaaaaaaaaaaah! <<wiggles evil ears...>>
:[~
But Ben Bernanke doesn't like Evil Bunny!
;)
forget 30 pips from friday close the eur future is up .65 would have thought higher
Like here in the US, unbelievable. The more it's diluted, the more it's worth.
Gold will be up, by the SAME illogic. Gold follows the dollar, EU up against the USD, USD "perceived" as weaker, gold up!
It doesn't need to make sense, as long as it's predictable. LOL
i am not being antagonistic but i think you dont understand the relationship rt weak dollar = higher gold just like all commodities ---reasoning it costs more dollars to buy that same good ....if the dumb ass public understood why they are paying these gas prices....rather than the fabricated news--ie iran and the straights of hormuz--- there would be a revolt here
"Net bad for the euro"? Are you crazy? Watch the EUR/USD short queeze of the century unfold this week. The 90% that did not cover last week will be checking into the Robotrader permabull troll hospital by Tuedsday. And they will be buried in slaughterer's bear graveyard by Wednesday. MDB will take care of the obituaries.
ES 1380 this week// AAPL to $550 thanks to Greek politicians selling out their citizens. With a little more paid-for anarchistic molotovs Germany will have their proof they extracted enough pain to fund the "bottomless pit." Welcome to the end.
Can I get a DJ 36,000?
"Greek politicians selling out their citizens" ??? You're a democrat, aren't you?
Clueless
(Fake) austerity for a bailout that won't work and only helps banksters? You're a Republican aren't you?
Clueless
Good to know that there are still people in the world who believe in the red/blue paradigm. Makes me feel so 1985.
Big hair, pastels. <<Sighs>>
And leg warmers.
I loved the Olivia Newton John leg warmer look.
Wrong, but thanks for playing!
Ivan Boesky says hi.
Hey booger.....
Stop picking your nose for a minute and listen up.
Are you still hung up on the "democrat" .republican,thingy are you...???
Speaking of "clueless".... I see you doubled up.
Fucking idiot.
really so adding to the balance sheet of the ECB is bullish for currencies.....the euro isnt strong the dollar is weak...thats it..look at it vs other currencies---dont tel me japananese yen ----that and the us $ are carry plays thats it.
As for the short squeeze of the century....ever think that they were squeezed for the last 6 big handles??? maybe now will reenter because news is now out???? and if it doesnt rally much more longs will start to bail....who are you ROBO
slaughterer you called the top three weeks ago. You have had that big of a change of mind?
Good to see all governments are still all in this together. At least this way when we take them down we know there isn't any one of them on our side.
Except maybe Iceland.
The slaughterer will get slaughtered this week-when Angela kicks this back!
Angela loves this deal. Greek austerity, bankers get paid, no one has read the measure, it's perfect.
Angie likes social unrest in Greece: makes it look like she put the boot to Greece, and she is not wasting German taxpayer money if the Greeks are writhing like that. If the figures add up to the target 120% GDP (and former ECB hack Papademos will make it so add up), then Angie will send Papademos the check with a kiss on it.
Riight., Like Germans want to bail them out anymore....
What German citizens want no longer matters. The systems dictate the reality. Name an opponent to Angie that has a chance . <crickets>
I feel sorry for the can. Been kicked so many times.
Its not the cans they'll run out of, its the road!
the whole parabolic curve is about to curve over on itself... Pretty soon, when you kick the can it's going to hit you in the ass...
We are fighting for austerity while the Greeks are fighting against austerity. Silly fuckers.
They got high on banker juice, now they are suffering the hangover. Besides, now they will be German subjects, too bad they have sold out their autonomy.
Hey Peter_Griffin....
Who the fuck gave you the right to speak for "we"
Fuck Off.
"we" are fighting to end the Fucking Federal Resrve System. So our goverments are no longer slaves to interest payments....that can NEVER be paid back.
How much does your country spend to service interest on your national debt.?????
I think austerity measures would not be needed if you's killed the parasite.
O I C.... you want the government to wipe your ass. Couldn't cut it without foodstamps? And if what you're crying about is the interest on our debt then you should be sucking Bernanke's dick for artificially keeping interest rates low. Fuckin wana be commie.
"keep a close eye on headlines out of Germany. That is all that matters now."
Considering that there will be Greek general elections in April and none of the yes-sayer parties will be able to gain majority in parliament, thus requiring coalition with some party that defied the bill, it would be indeed unwise for Germany to lay much trust on this vote.
Not until they set Parliament on fire, hopefully while it's fully occupied with politicians, will I believe that there is a chance of any real change taking place.
EUR/USD to 1.38. Call it Stolper's Revenge.
Let's see what kind of Gap up we get on the /ES.
Should have that answer in about 20 seconds.
If TPTB are willing to print all fiat in unlimited amounts do you think they won't throw a little down the worm-hole to stoke the EUR for laughs? Wait for the coordinated response and fake positive announcement in the U.S. tomorrow. It's the same tune over and over now. And Greece never mattered except on a human level, (the concept of which makes TPTB giggle).
Hey, cut the protestors some slack ... they worked through the weekend. In fact, they might not even re-start rioting at 9 a.m. tomorrow, since under Greek labour law they are entitled to comp time for having worked the weekend.
All in all, this was pretty boring. I expected a little more from the Greek people after spending yet another year in economic ruin.
Don't you get it? The Greek people are tired of rebelling over the sums they squandered on the Islands in 2006-2008.
Do you realize how much could be accomplished in a chaotic situation like that when all the police are busy lobing tear gas at the mobs? Damn... talk about opportunity... So the lazy ass Greeks just stay at home and watch TV... Jesus...
Loan sharks knew that if they took the dollars printing machines under their control they could suffocate the world ...they could initially suffocate USA and after taking the USA from the Americans, they could move and suffocate the whole world and take the countries from their people.
FED printed cheap money and loansharking multiplied this money in an unnatural way within the American economy boarders and they discarded them abroad so that they did not threaten USA. USA became the first state in the world with artificial “breathing”...
It cannot be possible but just in the USA for only the last year, more than one million houses were seized. It cannot be impossible but the New World has returned to tents and shelters ..has returned to the ages of Columbus. It cannot be possible that we allow to a few loan sharks looting the toils and the assets of people...
http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
------------------------
Global Debt Crisis
Authored by PANAGIOTIS TRAIANOU
Jeezzz..... That was a easy way to secure the 200 billion loot without a war...
They'll do shit about they promised and Greece will be a debt slave for the next 100 years.
Now let's give some money to Portugal, Ireland, Italy and Spain to while we're at it...
The greatest private fraud of human history.
Who are the great fraudsters who are becoming the murderers of the human kind? How does the economy "illness" threaten Democracy and the freedom of people?
http://eamb-ydrohoos.blogspot.com/2012/01/global-debt-crisis.html
---------------------------------
By knowing what happened in indebted Greece, where loan sharks created “bubbles” and the current inhuman debt, one can understand the inhuman plan in total ...understand where this plan started just to bring all states at the same end ...understand how this type of plans are established...
SD, THAT is the plan: money for everybody. Got gold?
We have opened the bidding at 140% of GDP. Do I hear 150?
The theatre is absurd. Perhaps you might call it a Greek tragedy. Yeah that pretty much sums it up.
Comical Tragedy or Tragical Comedy?
I'm Just Sayin............
Print, Bailout, Print, Bailout, Print.
Failed leadership! The Greek people can undo this! The pitchforks in Athens just as they will be in D.C. in less than 4 years.
How do you say 'NINJA' in Greek?
Zero down loan, no job (GDP growth), no assets and no evidence of ever paying back.
Is Mozillo, King of the NINJAs in charge of the ECB?
I'm waiting for the 'trickle down' effect------$250 oil and $6 gasoline.
They pronounce it 'Euro'.
Angelo? The FireFox? Is he still alive?
The deathbed of democracy
Democracy was born, and died, in the same country.
Sex, Drug and Bailouts Bitchez!!!!
Sex and drugs are justifiable.
The bailouts...not so much.
Gold and Silver prices are spiking up, but I don't really know why?
RISK ON!
Gold spiked up $35.00 and settle right back down in a flash.
Tylers
Did you confirm the ATM rumour? Are they out of cash?
That's real news. Same thing happened in Mexico and Argentina prior to default, as per Michael Pettis.
click below
http://globaleconomicanalysis.blogspot.com/2011/11/history-suggests-greece-will-freeze.html
Amazing. Athens burns and Euro catches a bid. It all makes perfect sense, right?
Perfect cents for the banksters.
"buy when there's blood in the streets." sure...it's a manufactured crisis...and we all have our roles to play. What's our role as "Zero Hedgers" i wonder?
Burning buildings=more debt=more money creation=infinite ponzi. Bankers are popping more boners then a boy scout jamboree at a nudist colony.
GERMANY, the DISGRACE of Europe
...the barbarians, who forced beautiful Europe to get down Zeus’“back” and made her a prostitute ...the unworthy Europeans, who in 1945 “took Europe down” from “Mount Olympus” and in 2012 relinquished “enslaved” Europe to the Phoenician loan sharks.
Germans are proved to be the easy solution to breach Europe’s door. Whoever wishes to “set foot” on Europe and demolish it, the only thing he has to do is to “fool” the Germans. For a second time in less than fifty years, Europe’s idiots become the victims of foreigners and they serve their interests at the expense of Europe...
http://eamb-ydrohoos.blogspot.com/2012/02/germany-disgrace-of-europe.html
_____________________
The German traitors of Europe along with the Phoenicians from Asia may have forced Europe to get down from the "back” of the Greek “bull”, but it remains to be seen how they shall pull it through with the “bull”.
Yes, sir.
When central banks become the major and sometimes the only player in a market, it's no longer a market, it's slaughter house. I learned this from you.
By the way, for Balkanian standards, this is NOT much of a burn. It's quite normal for an un-supervised soccer game.
Well yes, hi Bruce. When you figure Papademos put his people on the line for EU80 Billion more than was expected, and EU64.8 Billion of it goes to the banksterz, its a great thing. This is a crime of epic proportions, I am truly amazed that the Government of Greece has the gall to pull this shit. UNFKNBLVBL (got grafitti?).
Are the Police going to turn on the government or is the German-appointed budget commissar going to be allowed in the country?
If I was greece, I would take the bailout money to a casino, it would be better spent that way then spent on their govt.
Funny you should mention because that's exactly where it's going.
Grats Greeks, The plutocracy just sold your soul.
I t is kind of nostalgic to think that the soul existed in the first place.
Take names and hang the motherfuckers who voted yes, hang their families too.
So Greece has officialy decided to become Disneyland.
Athens looks like a freaking war zone in these pics. Not that we should be surprised though.
Agree with the analysis - here is my takeaway from the opposition:
Greek opp leader asks to "stay alive" and to fight after elections "to negotiate and change the policy that has been imposed on us"
Greek Opposition Leader: Future Eurobond Issuance Opportunity#Greece Shouldn't Miss [Dow Jones]
Another pillaging of the people's earnings to stuff the fat cat banksters wallets
WAKE UP sheeple, you are being bled dry of the pittance you have to feed these money grabbers
doesn't get any more awake than the Greeks...does it?
http://www.youtube.com/watch?feature=player_detailpage&v=S3FUA0Hj7fI
In order to save Athens we shall have to destroy it. Only then can we see what's in it. Transitorily speaking of course.
Should have sold the news...... 3...2...1.... Angela is getting shaky on turning over the money!
So the can kicking continues. I suppose it was too much to expect a proper resolution. But the externally imposed austerity measures are laying the groundwork for a revolution.
The "Personal Security Services for Greek Politicians" business is about to enter a serious and prolonged bull market.
Along with the assassination market.