Greek PM Not Resigning - Greece State TV

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Thu, 11/03/2011 - 09:15 | 1840741 Comay Mierda
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Thu, 11/03/2011 - 09:16 | 1840746 Schmuck Raker
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Thu, 11/03/2011 - 09:23 | 1840820 Minoan
Minoan's picture

Chanos who?

G-Pap bitchez.

Thu, 11/03/2011 - 09:24 | 1840831 knukles
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Nobody can make a fucking decision.
This is worse than my wife when she gets all pissy about nothing. 
Well, not really.

Thu, 11/03/2011 - 09:28 | 1840855 s2man
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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
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Fuck your wife. No seriously go ... do it.

Thu, 11/03/2011 - 09:31 | 1840881 Whoa Dammit
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They Cannes not decide until CNN locates its reporter who is somewhere in Spain.

Thu, 11/03/2011 - 09:47 | 1840977 LawsofPhysics
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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
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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
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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
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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
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George be nimble,

George be quick,

George jumped over the big Euro dick.

Thu, 11/03/2011 - 09:16 | 1840745 Sgt. Oddball
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I hope the Greeks are ready to get liberated by NATO featuring the Turks.

Thu, 11/03/2011 - 09:16 | 1840748 Matt1973
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Chaos...and PMs think we'll just "muttle" thought this and everthing will be fine

Thu, 11/03/2011 - 09:19 | 1840749 GeneMarchbanks
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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
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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
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LOL @ WTI and Yen.

Thu, 11/03/2011 - 09:17 | 1840751 lano1106
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seriously, today and tomorrow are risking to be very volatile with VIX over the roof!

Thu, 11/03/2011 - 09:20 | 1840791 CH1
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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
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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
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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
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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
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I wonder who's got the coverage rights to WWIII.

Thu, 11/03/2011 - 09:30 | 1840862 knukles
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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
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Just waiting for the "Black Swan" of a political assassination.  It'll be on.

Thu, 11/03/2011 - 10:07 | 1841080 jdelano
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i really hope it's K-Pap instead of G-Pap.

Thu, 11/03/2011 - 10:22 | 1841168 kridkrid
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or K-Fed.... if you want to pull the Americans in.

Thu, 11/03/2011 - 09:18 | 1840762 HD
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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
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EU got punk'd.

Thu, 11/03/2011 - 09:18 | 1840768 Bazinga
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Is everything going on just one big PAP smear? LOL

Thu, 11/03/2011 - 09:18 | 1840773 Skeebo
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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
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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
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Need to stimulate the G-Spot before the Pap-Smear, Waiting for the climax......

Thu, 11/03/2011 - 09:19 | 1840782 tallen
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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
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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
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Good for him! Fuck Merkozy!

Thu, 11/03/2011 - 09:19 | 1840785 sabra1
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robottrader was seen this morning, again banging on MF Globals storefront.

Thu, 11/03/2011 - 09:20 | 1840792 Quintus
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Oh come on!!

This is just f*cking ridiculous.

Thu, 11/03/2011 - 09:20 | 1840795 spanish inquisition
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Thu, 11/03/2011 - 09:32 | 1840889 Stax Edwards
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Cue Eye of the Tiger theme music

Thu, 11/03/2011 - 09:20 | 1840796 jiggerjuice
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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
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Yea I think the algobots themselves are now generating the rumors. Just wait till theyre liquefying the dead to feed IV to the 'living'.

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