Greek Parliament Passes Latest Austerity Vote

Tyler Durden's picture

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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jcia's picture

Let the revolution begin. Not surprised though. Kick it one more time please!

Mr Lennon Hendrix's picture

The revolution will begin any minute now....any minute.

JohnnyBriefcase's picture

Yep any minute now...




For real this time...

Mr Lennon Hendrix's picture's going to happen soon.....

....real soon.

dracos_ghost's picture

There it is...

Ooops.. nevermind.

Anyday now.

Mr Lennon Hendrix's picture

[The wind howls]


[The clock ticks]

.....aaaanytime now.

JohnnyBriefcase's picture

They must be getting reinforcements...


and, like, supplies...

Mr Lennon Hendrix's picture

Good.  When they get back we will be prepared and start.  Ready to start the revolution.... the meantime I guess we should wait for them.

[Checks watch]

Know any good jokes?

Hulk's picture

The Hulk, a Rabbi and a Baptist minister walk into a bar...

akak's picture

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?"

Michael's picture

Collapse off, risk on.

AldousHuxley's picture


U.S is in worst shape than Greece!  --Nouriel Roubini
trav7777's picture

a really stupid self-hating mudsharking fag walks into a bar and the bartender says, "akock get the fuck out of here."

The Big Ching-aso's picture



The Greeks need to fight back with a huge erection.   I mean insurrection.   Whatever.

boogerbently's picture

.....a priest a minister and a rabbi walk into a bar and the bartender says, what is this, a joke?

Colonial Intent's picture

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?

JohnnyBriefcase's picture

Something, something ouzo.

Something, something gyros.


Am I doing this right?


[falls asleep]

trav7777's picture

why the fuck should Greece get a bailout???

Greece should simply be cut loose.  No bailouts, nothing.  Expel from euro let the greeks produce.

StychoKiller's picture

Apparently, Greek politicians are high on Bozonium™ if they "think" they've solved anything with this "vote!"

macholatte's picture

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

oldman's picture

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


maybe what we need in the us are more Greeks

At least, they show they have huevos


boogerbently's picture

....everyone who HATES the way things have been going, keep voting for the same morons....

Calmyourself's picture


"23.05 GMT+2 A gun shop in Omonoia, Athens, has been looted" From DF Mish.. fwiw

Vampyroteuthis infernalis's picture

The black debt hole grows deeper leading to the unrest. Debts than can not be paid won't be.

max2205's picture

Glad I backed up the truck on those 1,400% bonds.....weeeeee

ekm's picture

Revolutions begin only when people are HUNGRY, literally.

Case in point:


-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

Mr Lennon Hendrix's picture


Isn't that what is happening with the Europonzi?

ekm's picture

Well, Benny initiated it and ordered his buddies to follow thru.

nmewn's picture

Cocainated like it.

Ain't nobodys bidniss but my own...

ekm's picture

the song was quite fitting

nmewn's picture

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 ;-)

ekm's picture

As I said above. you're just a son of a good mother.

I got hooked to this Taj Majal. I love blues jazz.

ekm's picture

Son of good mother.

You just got me hooked to this Taj Majal. I love blues jazz.

francis_sawyer's picture

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

ekm's picture

Thx thx thx a looooooooot

That's absolutely symbolic of the whole uprising.

StychoKiller's picture

That bread was for an afternoon lunchbreak, protesting is hard work...

Calmyourself's picture

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..

Bangin7GramRocks's picture

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!

pods's picture

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.



zanza's picture

EUR dropping bitches!

stocktivity's picture

Ho-hum...futures way up...rally on.

boogerbently's picture

(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?"

7thCardinal's picture

now the hot potato is in Frau Angela's hands...

Sudden Debt's picture

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.

disabledvet's picture

To whom does it get "coughed up to" tho? Greece? Or the German/Swiss and French banks?

dracos_ghost's picture

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.

pods's picture

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.