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Here Lies FrAAAnce: 8/10/1994 - 1/13/2012
Here lies FrAAAnce, which passed away (according to Reuters and TF1 for now, official statement from S&P due imminently) at the tender age of 17. It shall be missed.
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Yo tongue in yo cheek foo?
Makes me want to piss on it......
if by "it" you mean pretty much everything under the sun, you are home.
You must be a Marine.
will Fitch being French do the same as those Marines and extinguish any flames?
If oil and wholesale gasoline don't get pushed down from this, they ain't going down.
DXY dollar index vertical.
Unfortunately there is no Ron Paul in France ! The french Obama will be elected in may- then maybe in 5years who knows...
WOW, look at EURUSD drop like a stone. Un-freikin-believable. 1.2651 now.
She will burn this year.
France recalling the Statue Of Liberty to sell for scrap metal. /Sarkozm
Statue Of Liberty was sent to Gitmo for supporting terrorism (Bill of Rights)
Ah that explains the green appearance. Copper and waterboarding do not mix well.
Get that line to the Ron Paul campaign. Used in a debate against the likes of Romney et al it's a show stopper. Do it.
OT, but germane:
"The Swiss National Bank will pay its former chairman (Hildebrand) a full year’s salary of about SFr900,000 ($942,000), in spite of his stepping down voluntarily in only the second week of the year."
Go on, tell me this is not a global plutocracy....
He's being bought to keep his mouth shut and his wife on a leash.
She might enjoy the leash more than the lash
Spandex and lash, hmm...
hey, bpom, is your avatar a painting? If so, by whom?
Sacre bleu !!!
Tyler, would be nice to see a timeline chart of downgrades in europe... gonna be an interesting weekend.
Time to party, break out a box of wine and twist the tap! Don't forget to cut some cheese.
http://www.youtube.com/watch?v=9V7zbWNznbs&feature=related
Classic...
S&P doing so? Doug Peterson might want to start checking out his tailpipe before leaving today. Powers that be aren't too happy about this.
Sarkozy is one of the lead liars in the EU. Hire somone in France and you need 5 additional people. Socialism is using someone elses money. Now that money is gone. RIP France and the Euro. Lies have to stop some time.
the germans will hide behind the maginot line. and rumours of the d-mark
AAAustria died at the age of 26 if im right
I see someone did not enjoy the red cabbage and ham soup.
It wasn't ham ;)
Precisely WB, 13 has occult significance and the PTB order such events for such days. Like 31.10.11 - MF Global file for chapter 11. Like a 1000 such events to close the noose around us ants. (For those that don't yet know this).
I believe the carnage will come in the last hour of trading. Dont see why anyone wouldn't sell on this info especially going into a 3 day weekend.
CCCCrrraaaassshhhhh coming? Trading Halts just around the corner? ****** Fat fingers?***** what happened to the Dow? we just lost 1K points?
Deflationary crash
Commodities down
US dollar Up
Equities no longer in favor for 2012 and beyond, dividends? share price collapse?
1929 again...? The FED, ECB will save the markets? Just like the housing market....
I just want to know which fund is trying to cling to that little terminal wedge dingle berry in SPG.. is that you Vanguard? Fidelity maybe ? Come on guys your customers want their money back.. wuh? No one to sell into ? oh boy
My name is bond, French bond.
I never had an escape plan.
A French bond trader once tried to test me. I ate his liver with some fava beans and a nice chianti.
couldnt happen to a bigger bunch of pussies
oh doux jésus et juste ciel la preuve est dans le pudding
la pieuvre est dans la poutine.
la pieuvre? dans la poutine? c'est juste cuisine extraordinaire.
Aux armes, camarade, mettons fin à l'occupation du Cartel!
Video of the press conference:
http://www.youtube.com/watch?v=6POrItQWR_E&feature=related
RUN AwwAAAAAAAAAAAAAAAAAAAYYYYYYYYYYY!!!!!!!!!!!!!!!!!!
to the castle of AAA---
http://www.youtube.com/embed/XiT_5cr3tYI
I bet this means Merkle gets to be on top next time.........alpha male position....
Damn..I wanted to get drunk all weekend and watch the Denver Broncos kick some butt.....now I have to keep in touch with Tyler....oh well....got gold
i pity the poor bastard underneath her getting crushed.
you know what's really freaking me out? that the market is actually down on this news. it just makes sense.....which is creepy. granted, its only down 1% - despite the fact that Greece is now officially toast and triggering CDS, and Germany is now the only AAA sovereign backing the EFSF which means the entire euro experiment will collapse shortly, and 1% to the upside is now a normal move for things like a positive Italian consumer sentiment survey or something, and the decline is starting from an already absurd SPX 1300......
but still. just odd.
The Day is young........
The big suprise will be that England gets down graded as well.
I'm surprised by your spelling. Also, England isn't a country. The country you're thinking of is called the United Kingdom of Great Britain and Northern Ireland.
I'm also surprised that you think the UK will be downgraded. That's not how this works. We're "anglo-saxon" remember, it's OUR conspiracy.
England IS a country that IS part of the United Kingdom that brings together the parliaments of England and Scoland and includes Wales under the Acts of Union in 1707/08. In 1927 Northern Ireland was added forming what is now a Constitutional Monarchy with one political Parliamentary system. So technically, England is not a Kingdom but it is a country.
How increditably Ironic:
On Friday, October 13, 1307, the King of France declared the Templars illegal had them all arrested and killed so the crown could loot them. 704 years later S&P downgrades France on Friday the 13th! Its payback time!
I would imagine that someone at S&P thought of deliberately releasing the announcement on Friday the 13th.
I see the analogy there; today's Templars the WS GS clique; spot on. But the new King of the Franks, defacto king of West, is not Sarkozy; it is Potus in DC. ANd he has to kill the Templar squid, just like in 1307! You are right, for USA to survive as top dog Potus HAS to kill the parallel cancerous power of the new Templars.
Spot on! But will he be Philip the Fair...???
Mind you it started as aftermath the 100 years war! SO, its damned if you do kill, and damned if you don't...just like before!
Les Rois MAudits...
Au revoir France! It was beautiful while it lasted. Thanks for the memories.
We'll always have Paris.
Gold up in €.
Who gives a fuck about $
True, and the French reaction to the crisis will be to throw out Sarkozy and elect a Socialist. The same clowns that created the problem in the first place.
http://confoundedinterest.wordpress.com/2012/01/13/france-will-lose-its-...
I'm betting on installation of a Goldman Bonesmen.
1.2678, bitchez.
The French deserve this downgrade. After Europe's fall to it's real value, Japan and then the US. It's taken years longer than it should.
While we're dancing on graves, with all the days bad, bad news, the DOW is down 100 at the moment -
Should be down 400
and dax only down .65%
Europe doesnt seem to worried
Marketwatch just caught up with this story-45 minutes after ZH!!!
Jan. 13, 2012, 11:14 a.m. EST
France set to lose triple-A rating -- reports
By Christopher Noble
SAN FRANCISCO (MarketWatch) -- Ratings agency Standard & Poor's is set to announce later on Friday that it has cut France's coveted triple-A rating, undermining euro-zone efforts to solve a persistent sovereign debt crisis, according to media reports on Friday. French news agency Agence France Presse, citing an unnamed government source, reported on its website that S&P had already informed the French government of the move. Neither the rating agency nor the French finance ministry would comment, AFP reported. Austria was also set to be downgraded, but Germany and the Netherlands, two other euro-zone countries, were not to be downgraded. The euro /quotes/zigman/4867933/sampled EURUSD -1.06% fell to session lows after the report and recently traded at $1.2673, down 1.1%.
http://www.marketwatch.com/story/france-set-to-lose-triple-a-rating-reports-2012-01-13
what goes up must come down...de Gaulle must be swearing at exorbitant privilege..."I told you so; they cannot be trusted with their money. We should never have left the Gold standard. I refuse to leeeeeeve ze gold, ze standard..."
France has always had a weird sense of freedom and democracy since their revolution. Robespierre lost his own head because he was just as corruptable as those he beheaded. We were warned by Bastiat and Tocqueville.
This just in: Due to its TBTF status France has been put through the GM treatment. New France has emerged from a prepackaged bankrupcy debt free holding all French assets. Old France has now been renamed Old Cheese saddled with all debt and muslims New France would like to get rid of. They have been relocated to the NE to work in the coal mines to repay the debt of Old Cheese.
Does this mean Ann Margret is not coming?
4.15pm: A French government spokeswoman just appeared on BFM TV to discuss the downgrade rumours. She replied that:
France remains a safe investment, and can repay its debt.
Well GOSH! I guess France isn't being downgraded after all!!
/sarc
That photo looks like something Nigel Farage would do.
I'm sure Nigel is off gloating somewhere...
The continentals only have themselves to blame. They voted in the people who hired Goldman Sachs. They voted in the people who wanted the Euro and were told to do it by Goldman Sachs.
Tomorrow's news today. Nice work ZH. Did somebody say "cheese-eating surrender monkeys"?
http://en.wikipedia.org/wiki/Cheese-eating_surrender_monkeys
HaHaHa nice picture is that a septic tank??
The Muppets Do
The Good The Bad And The Ugly 2,.
Last scene. Take 1:
(Title) After Tuco Dug The Grave In France
''...Blondieee! You know what you are? You are a ~*# ...Frog chasing rainbows'' http://www.youtube.com/watch?v=lRvhRhWWE44