Greek PM Not Resigning - Greece State TV

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LOL

  • GREEK PRIME MINISTER WON'T RESIGN HIS POST, PARTY OFFICIAL SAYS
  • PAPANDREOU SAID TO FIGHT ON AS PREMIER, MAKE SPEECH TONIGHT
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Thu, 11/03/2011 - 09:15 | 1840741 Comay Mierda
Comay Mierda's picture

poop

Thu, 11/03/2011 - 09:16 | 1840746 Schmuck Raker
Schmuck Raker's picture

G-poop

Thu, 11/03/2011 - 09:23 | 1840820 Minoan
Minoan's picture

Chanos who?

G-Pap bitchez.

Thu, 11/03/2011 - 09:24 | 1840831 knukles
knukles's picture

Nobody can make a fucking decision.
Jesus.
This is worse than my wife when she gets all pissy about nothing. 
Well, not really.

Thu, 11/03/2011 - 09:28 | 1840855 s2man
s2man's picture

Yep, not really.  At least you can stop listening to the Greek rumors, if you wish.  No way to turn off the pissy wife.  Well, not without going to jail, that is.

Disclosure: I remarried on the rebound.  What the hell was I thinking?

Thu, 11/03/2011 - 09:28 | 1840859 GeneMarchbanks
GeneMarchbanks's picture

Fuck your wife. No seriously go ... do it.

Thu, 11/03/2011 - 09:31 | 1840881 Whoa Dammit
Whoa Dammit's picture

They Cannes not decide until CNN locates its reporter who is somewhere in Spain.

Thu, 11/03/2011 - 09:47 | 1840977 LawsofPhysics
LawsofPhysics's picture

All women get pissy about nothing, they are, by Nature (sorry the biochemistry is what it is) control freaks and hate the fact that they are no in control of everything.  Come on now.

Thu, 11/03/2011 - 09:21 | 1840793 rosex229
rosex229's picture

tyler could you help me out here. this means there will be a confidence vote on friday, which papandreo will lose. does that automatically mean early elections, or is it possible to form a unity govt still after the  no confidence vote. this is of critical importance because without a govt they shouldn't get the imf funds...although they'll just change the rules and give it to them anyway i'd suspect.

Thu, 11/03/2011 - 09:36 | 1840919 Smiddywesson
Smiddywesson's picture

I think you have already answered your own question.  All you see and hear is just show.  Germany isn't really angry at Greece for failing to accept the deal.  The spats and hissy fits between financial ministers are contrived.  The minority dovishness or hawkishness amonsts the governers of the Fed are gamesmanship.  And Greece is doing everything according to plan.  And that plan is to stall.

They can't fix things, so they are printing while trying to sequester all that new money, trusting that demand destruction and deflation will nullify the ill effects of money they can't keep from leaking out and causing inflation.  So the plan is to stall, lie, deny reality, and of course, buy gold.

Thu, 11/03/2011 - 10:02 | 1841042 rosex229
rosex229's picture

the ecb has in fact not been printing money. thats why the euro is so strong in the currency markets. its also why the ecb's greek bonds aren't subject to the 50 percent haircut; if they were, then the ecb would be forced to print. 

its amazing that by scribbling in a few words and ideas they can prevent themselves from printing, but its the truth. however, once they do have to start printing gold as priced in euros will have quite a good time. it'll make the euro much weaker, but bernanke can't have that, so he'll respond with qe7

Thu, 11/03/2011 - 11:14 | 1841535 The Big Ching-aso
The Big Ching-aso's picture

George be nimble,

George be quick,

George jumped over the big Euro dick.

Thu, 11/03/2011 - 09:16 | 1840745 Sgt. Oddball
Sgt. Oddball's picture

I hope the Greeks are ready to get liberated by NATO featuring the Turks.

Thu, 11/03/2011 - 09:16 | 1840748 Matt1973
Matt1973's picture

Chaos...and PMs think we'll just "muttle" thought this and everthing will be fine

Thu, 11/03/2011 - 09:19 | 1840749 GeneMarchbanks
GeneMarchbanks's picture

Nice... Art had no idea how right he'd be when he said "be nimble" I was too lazy to put on my G-Pap resigning trade. Saved by my own laziness.

Thu, 11/03/2011 - 09:37 | 1840911 hedgeless_horseman
hedgeless_horseman's picture

 

 

Be nimble?  With the high degree of asset correlation and political risk?  Nay.  Be out.

Sidelines, bitchezzz!!!

Thu, 11/03/2011 - 09:16 | 1840750 firstdivision
firstdivision's picture

LOL @ WTI and Yen.

Thu, 11/03/2011 - 09:17 | 1840751 lano1106
lano1106's picture

bullish?

 

seriously, today and tomorrow are risking to be very volatile with VIX over the roof!

Thu, 11/03/2011 - 09:20 | 1840791 CH1
CH1's picture

Of course bullish! Need you ask?

Thu, 11/03/2011 - 09:17 | 1840753 reading
reading's picture

And the markets rally on.  

Thu, 11/03/2011 - 09:23 | 1840822 SheepDog-One
SheepDog-One's picture

Rumor to cover for ramping futures set, fact that the rumor is not true makes no difference now, mission accomplished.

Thu, 11/03/2011 - 09:28 | 1840858 sabra1
sabra1's picture

once the snake oil salesman runs out of suckers, he leaves town with all the cash, at midnight!

Thu, 11/03/2011 - 09:17 | 1840754 Element
Thu, 11/03/2011 - 09:19 | 1840777 Mike2756
Thu, 11/03/2011 - 09:22 | 1840812 Element
Thu, 11/03/2011 - 09:21 | 1840758 DormRoom
DormRoom's picture

fuck yeah.

 

But the bankers will throw him out on Friday.

 

France has lost its way.  Liberte, Egalite, Fraternite  => (has become) France-Germany axis rules all. obey.  There is no European Union.  There is only OBEYnation

 

If you're French, recall the symbolism of the 3 colors on your flag, and side with the Greco

Thu, 11/03/2011 - 09:17 | 1840759 Rover
Rover's picture

You stole Robo's line!

Thu, 11/03/2011 - 09:17 | 1840760 sabra1
sabra1's picture

so, there will be a refer- endum, no?

Thu, 11/03/2011 - 09:17 | 1840761 Commander Cody
Commander Cody's picture

I wonder who's got the coverage rights to WWIII.

Thu, 11/03/2011 - 09:30 | 1840862 knukles
knukles's picture

CNN
And they'll bring back that little Weasel Charles Jako to cover it Live from the Battlefield On the Scene against a blue screen, stoned, awaiting the pizza delivery in midtown Manhattan.
Maybe they'll even let him wear a pistol like Geraldo. 
Another fine specimen of the New Normal Reality.

News, my ass.

Thu, 11/03/2011 - 09:29 | 1840867 kridkrid
kridkrid's picture

Just waiting for the "Black Swan" of a political assassination.  It'll be on.

Thu, 11/03/2011 - 10:07 | 1841080 jdelano
jdelano's picture

i really hope it's K-Pap instead of G-Pap.

Thu, 11/03/2011 - 10:22 | 1841168 kridkrid
kridkrid's picture

or K-Fed.... if you want to pull the Americans in.

Thu, 11/03/2011 - 09:18 | 1840762 HD
HD's picture

Who do I call to start a rumor? Is there a "I need to run the market up on nothing" hotline?

Thu, 11/03/2011 - 09:17 | 1840763 grunk
grunk's picture

EU got punk'd.

Thu, 11/03/2011 - 09:18 | 1840768 Bazinga
Bazinga's picture

Is everything going on just one big PAP smear? LOL

Thu, 11/03/2011 - 09:18 | 1840773 Skeebo
Skeebo's picture

didn't understand why anyone thought replacing G-Pap would be good for the EU anyway.

 

What you're going to replace him with the leader of the party that was opposed to all this shit in the first place?  How does that improve the EU's prospects?

Thu, 11/03/2011 - 09:26 | 1840840 SheepDog-One
SheepDog-One's picture

Doesnt matter now, rumor of whatever is good enough, to ramp futures and thats all that matters.

Thu, 11/03/2011 - 09:18 | 1840775 Taint Boil
Taint Boil's picture

Need to stimulate the G-Spot before the Pap-Smear, Waiting for the climax......

Thu, 11/03/2011 - 09:19 | 1840782 tallen
tallen's picture

Next rumor for the day, Obama has actually made contact with aliens.

 

These people spreading these rumors need to get put in jail, preferably PMITA (Pound Me In the Ass) Style.

Thu, 11/03/2011 - 09:53 | 1841005 Leopold B. Scotch
Leopold B. Scotch's picture

Hopefully they're evil Aliens.  That should be good for the economy, at least according to Krugman.

Thu, 11/03/2011 - 09:19 | 1840783 reading
reading's picture

So basically, shit is still hitting the fan in Greece - check

ECB is stoking inflation while entering a recession - check

US economy (ie, retail sales, ie consumer) less than expected - check

US markets rocket up - check.

 

Makes perfect sense, all in.

Thu, 11/03/2011 - 09:54 | 1841017 bonderøven-farm ass
Thu, 11/03/2011 - 09:19 | 1840784 Archimedes
Archimedes's picture

Good for him! Fuck Merkozy!

Thu, 11/03/2011 - 09:19 | 1840785 sabra1
sabra1's picture

update:

robottrader was seen this morning, again banging on MF Globals storefront.

Thu, 11/03/2011 - 09:20 | 1840792 Quintus
Quintus's picture

Oh come on!!

This is just f*cking ridiculous.

Thu, 11/03/2011 - 09:20 | 1840795 spanish inquisition
spanish inquisition's picture

FIGHT ON! FIGHT ON G-PAP!

Thu, 11/03/2011 - 09:32 | 1840889 Stax Edwards
Stax Edwards's picture

Cue Eye of the Tiger theme music

Thu, 11/03/2011 - 09:20 | 1840796 jiggerjuice
jiggerjuice's picture

no seriously, that rumor was worth tvix going from 59 to 50 this morning. every rumor post is a front-run for algos. in fact, the algos are now in control of the headlines, and post items they can front-run themselves.

Thu, 11/03/2011 - 09:28 | 1840860 SheepDog-One
SheepDog-One's picture

Yea I think the algobots themselves are now generating the rumors. Just wait till theyre liquefying the dead to feed IV to the 'living'.

Thu, 11/03/2011 - 09:21 | 1840798 Nascent_Variable
Nascent_Variable's picture

I'd like to announce that I'm definitely probably not resigning this morning.  AN afternoon press conference may or may not follow.

Thu, 11/03/2011 - 09:22 | 1840811 azzhatter
azzhatter's picture

The frenchies and fascist germans are afraid to let him resign. The greeks will be back in the streets. GPap played a weak hand pretty well so far. Sarkozy and Merkel need to be waterboarded

Thu, 11/03/2011 - 09:22 | 1840815 AngryGerman
AngryGerman's picture

he'll go. Greek TV? come on, talk about reliable source

Thu, 11/03/2011 - 09:23 | 1840816 Smiddywesson
Smiddywesson's picture

In 2010, I couldn't keep up with the high frequency traders.

In 2011, I can't keep up with the high frequency rumors.

The best part of my physical gold is it has no ears, and is therefore marching along quite nicely.

Thu, 11/03/2011 - 09:23 | 1840821 monopoly
monopoly's picture

And all this before breakfast. I can't cope.

Thu, 11/03/2011 - 09:25 | 1840837 Tsar Pointless
Tsar Pointless's picture

Masturbation will help ease the stress.

Thu, 11/03/2011 - 09:24 | 1840827 fuu
fuu's picture

We have reached the far side of farsical.

Thu, 11/03/2011 - 09:24 | 1840828 semperfi
semperfi's picture

UPDATE!! - between posts 3 & 4 he resigned again, then between 18 & 19 he took it back again....

Thu, 11/03/2011 - 09:24 | 1840829 jay28elle
jay28elle's picture

"I won't go, I won't go.  And you can't make me  :p"

Thu, 11/03/2011 - 09:24 | 1840830 YesWeKahn
YesWeKahn's picture

You still don't get it. All those farces are made to pump the future. Once farces are over, the future is still up.

Thu, 11/03/2011 - 09:25 | 1840835 bdc63
Thu, 11/03/2011 - 09:25 | 1840836 edotabin
edotabin's picture

Not what I'm hearing.  Rather powerful people, including members of the ruling party's commitee, are suggesting a coalition government somewhat similar to what Samaras had suggested.

Thu, 11/03/2011 - 09:26 | 1840841 Mentalic
Mentalic's picture

WTF.....BBC just went back on it's earlier reporting...now saying that G-Pap has not resigned...

 

Thu, 11/03/2011 - 09:27 | 1840843 kito
kito's picture

Why would greece want to stay part of the dysfunctional eu? The upside looks enticing:
No more merkozy mandates
Print away debts
Weak currency to spark investment, exports and tourism

Thu, 11/03/2011 - 09:27 | 1840845 Racer
Racer's picture

and then in a headline a minute later

Greek PM May Resign As Early As Today - Socialist Party Official

Thu, 11/03/2011 - 09:27 | 1840852 Cdad
Cdad's picture

I don't even know how this headline fits into the meat grinder today.  Seriously, is it good, is it bad, is it "priced in", it is blue horse shoe, is it a unicorn...? 

Thu, 11/03/2011 - 09:29 | 1840863 radarsentinel
radarsentinel's picture

Who needs the National Enquirer when you can watch the business channel.Keep it up Tyler, I need more rumors.

O/T but does anybody know a good site that I can follow the Italy 10 yr bond?

Thu, 11/03/2011 - 09:43 | 1840957 floor
Thu, 11/03/2011 - 09:29 | 1840868 Pig Brotha
Pig Brotha's picture

As per Bloomberg

 

Breaking News Papandreou Said to Fight on as Premier; Make Speech Tonight
Thu, 11/03/2011 - 09:51 | 1840999 SheepDog-One
SheepDog-One's picture

We've already seen this same event.

Groundhog Day.

 

Thu, 11/03/2011 - 09:30 | 1840874 Stax Edwards
Stax Edwards's picture

So fading this rally

Thu, 11/03/2011 - 09:42 | 1840948 WonderDawg
WonderDawg's picture

Good call. I think we'll see the highs for the day this morning and markets close red, maybe nice and red. But what do I know?

Thu, 11/03/2011 - 17:55 | 1843322 WonderDawg
WonderDawg's picture

Well, definitely wrong about closing red. Glad I didn't place any bets today.

Thu, 11/03/2011 - 09:44 | 1840966 caerus
caerus's picture

yup

Thu, 11/03/2011 - 09:31 | 1840876 zonkie
zonkie's picture

If G-Pap survives the referendum is on (unlikely), but have Merkozy fed bulls realized the alternative?  According to Greek press the conservative opposition (will have a say in the next govt.) is asking for re-negotiation of the deal. 

In any case the deal is off. The only positive outcome is a referendum yes. 

Thu, 11/03/2011 - 09:52 | 1840878 Cone of Uncertainty
Cone of Uncertainty's picture

G-pap is back, with his pockets fat.

Referendum here to stay, to Merkels dismay. 

Streets on fire, murderers for hire.

Kill the golden goose, give the proletariats the noose.

Never ending saga, close to the ledge.

Keeping it real at muther fucking zerohedge.

 

 

Thu, 11/03/2011 - 09:31 | 1840880 monopoly
monopoly's picture

Agree, all the debt would go poof. And in less than 2 years the markets will loan them money, again.

Thu, 11/03/2011 - 09:32 | 1840883 Dr. Engali
Dr. Engali's picture

And they talk about how stupid we looked over the debt ceiling debate. We are a bunch of pikers compared to them. We clearly need to speed up our de- evolutionary process so we can be the number one clowns on the planet. We can't have another country be better at anything than us. We're the United States for cripes sake.

Thu, 11/03/2011 - 09:33 | 1840893 lizzy36
lizzy36's picture

As long as Italy is not Greece all is good.

#btfd

Thu, 11/03/2011 - 09:35 | 1840904 agent default
agent default's picture

Just you wait.

Thu, 11/03/2011 - 09:40 | 1840918 floor
floor's picture

G-Pap is a genious, and Merkozy is a dummy. In the meantime we can wait on the implosion of the european banking sector. Since Merkozy was so clever to freeze the Greek billions, I don't think Greece will keep paying it's debts.

So what's next, Merkozy begging G-Pap to accept the 8 billion after all? I mean, surely now is going to happen what they warned us for all those years and why Greece had to be bailed out with all that taxpayers money. Or maybe it doesn't?

Thu, 11/03/2011 - 09:42 | 1840944 vegas
vegas's picture

Just as I was going through the lyrics to "Send Her My Love" from Journey, I had visions of G-Pap.

"Send her [him] my love, memories remain ..."

And now he's staying? WTF?

 

 

http://vegasxau.blogspot.com

Thu, 11/03/2011 - 09:43 | 1840958 jayman21
jayman21's picture

Democracy just had a heart attack and survived.  Stay tuned.

Thu, 11/03/2011 - 09:44 | 1840967 Porkbellytrader
Porkbellytrader's picture

and now on CBS this afternoon....as the Gyro turns....

Thu, 11/03/2011 - 09:50 | 1840991 YesWeKahn
YesWeKahn's picture

Europeans are still looking for the G-spot? I thought frenchs and italians are good at it.

Thu, 11/03/2011 - 09:52 | 1841000 bnbdnb
bnbdnb's picture

The disconnect between stocks and EURUSD has begun.

Thu, 11/03/2011 - 09:54 | 1841012 SheepDog-One
SheepDog-One's picture

We've already seen 'Gpapa is resigning, no wait, he's not, speech tonite after market close'.

Cant they come up with new futures manipulation rumors?

Thu, 11/03/2011 - 10:03 | 1841058 Stax Edwards
Stax Edwards's picture

Greek treasury now trading futures to raise money for their next coupon payment

Thu, 11/03/2011 - 09:56 | 1841019 RemiG2010
RemiG2010's picture

Mom! I am pregnant! No .... wait ... I am not! No .... wait ... I realy am pregnant! NO WAIT I AM NOT!

To be continued......

Thu, 11/03/2011 - 09:56 | 1841020 xcehn
xcehn's picture

The Greeks should just assume that a non-rigged referendum is OFF and start immediately surrounding all government buildings by the millions.

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