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Italy's Unelected PM Mario Monti: "Eurobonds, Or I Resign"

Tyler Durden's picture


Update: According to subsequent press reports, Monty has denied he threatened to resign. i.e., Monti just blinked. So now it is up to Merkel who will either have a very short life, or Monti will have to come up with a different professional suicide gambit.

Just when we thought the European drama couldn't get any more poignant following Merkel's statement earlier which boils down to "No eurobonds or death", here comes Italy's unelected PM and former Goldmanite, Mario Monti, threatening that the beggar will pull the trigger on his own political career if he is not allowed to be a chooser. From Il Giornale: "If the Chancellor does not give up I will tell you that I resign because if things do not change are not able to bring Italy out of the abyss", he suggested relying on the bogeyman of the crisis that would bring Italy under attack of speculators. On the other hand, Merkel knows all too well that the fall of Rome would mean the collapse of the definitive ' euros by prospects that would put the shivers even in Berlin." So one hand for Merkel Eurobonds are a matter of life or death, while an elected technocrat with no leverage at all, threatens to quit. Our money is on the German.

One person who we are quite certain would be delighted if Merkel were to call Monti's bluff, is none other than everyone's favorite Bunga Bunga specialist: Silvio Berlusconi.

After all the plane has obviously crashed into the mountain. Might as well make the last few hours entertaining.


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Tue, 06/26/2012 - 12:00 | 2561865 sbenard
sbenard's picture

Go ahead! Make my day, Mario! Resign!!

Tue, 06/26/2012 - 12:01 | 2561868 silver500
silver500's picture

Next, Eurobonds or the world ends...

Tue, 06/26/2012 - 12:04 | 2561890 HelluvaEngineer
HelluvaEngineer's picture

NATO tanks in the streets, bitchez!

Tue, 06/26/2012 - 12:07 | 2561902 knukles
knukles's picture

Just say no!

Hold that man to that promise.

Just like we shoulda held all the uberliberals to their promise to leave the US if Bush was elected and all the neo-cons to leave if Obama was elected.
Send 'em to MarioLand

Tue, 06/26/2012 - 12:10 | 2561924 Colombian Gringo
Colombian Gringo's picture

Monti threatening to Resign?


Go one better and hump off a building, you Fucker!

Tue, 06/26/2012 - 12:13 | 2561933 francis_sawyer
francis_sawyer's picture

Freeze! Or the dummy gets it!... I didn't realize Monti was a ventriliquist...

Tue, 06/26/2012 - 12:27 | 2561998 FEDbuster
FEDbuster's picture

Isn't anybody going to help that poor man?.....

Tue, 06/26/2012 - 13:05 | 2562122 11b40
11b40's picture

This is exactly the scene I was thinking of when reading this.  One of the funniest movies ever.  You have to watch it at least twice to catch all the lines.

Tue, 06/26/2012 - 13:22 | 2562171 Day_Of_The_Tentacle
Day_Of_The_Tentacle's picture

I was thinking about Mannequin.

Tue, 06/26/2012 - 12:12 | 2561934 Manthong
Manthong's picture


Tue, 06/26/2012 - 12:15 | 2561950 Arius
Arius's picture

CD - pull up that picture from the 80s movie of the white guy putting the gun on black guys head warning everyone: none moves or the black guy gets it!

... yeah right ...

Tue, 06/26/2012 - 12:17 | 2561959 francis_sawyer
francis_sawyer's picture

How come the picture up there is of Berlusconi grabbing his dick?

Tue, 06/26/2012 - 12:36 | 2562027 knukles
knukles's picture

It's the formal, respectful form of greeting to refined, cultured Italian females.  Best accompanied by the salutation; "Yo' Angeline..."   Which when translated into English means "Mount me." which is a derivation of the name Monti.

What a fucking circus.

Tue, 06/26/2012 - 13:47 | 2562240 Iwanttoknow
Iwanttoknow's picture

Knuckles,coffee on my screen.really funny.

Tue, 06/26/2012 - 12:48 | 2562068 Arnold Ziffel
Arnold Ziffel's picture

Did Michael Jackson copy Mario? ...or other way Mario doing the "Jackson Grab & Lift"?

...or is he sending a secret signal to the Germans?

In any case, Seemed much better when Jackson did it.

Tue, 06/26/2012 - 12:49 | 2562073 Taterboy
Taterboy's picture

Because Bernanke bit down.

Tue, 06/26/2012 - 12:20 | 2561972 CrazyCooter
CrazyCooter's picture

I think the similar scene from Blazing Saddles would be even better ... I can't youtube (at work), so maybe some old timer will share that moment with the younger ZH audience ...



Tue, 06/26/2012 - 12:29 | 2562007 FEDbuster
FEDbuster's picture

Done, see post above.

Tue, 06/26/2012 - 12:13 | 2561892 CPL
CPL's picture

I counter with tits or GTFO Monti


gold has now been designated a zero risk asset....after 40 years.

Tue, 06/26/2012 - 13:09 | 2562134 NotApplicable
NotApplicable's picture

I like this line (emphasis mine).

For the first time, unencumbered gold bullion is to be classified as zero risk, in line with dollar cash, US Treasuries and other explicitly government-guaranteed assets.

Not for long.

Exeter's Pyramid, bitchez!

Tue, 06/26/2012 - 12:10 | 2561929 Stoploss
Stoploss's picture

Adios, Mario!

Tue, 06/26/2012 - 12:48 | 2562071 reload
reload's picture

If he does resign, do the Italian people get a free election or another unelected placeman?

Or does current `government` so uncomfortably forced together get to sit down calmly and choose a new PM?

Fireworks in any scenario I would think, unless the population is just too lethargic to care any more. But I think

the Italians do still care...fireworks it will probably be.

Wed, 06/27/2012 - 03:23 | 2564243 Ar-Pharazôn
Ar-Pharazôn's picture

italian adults are too busy looking at the soccer matches.

italian youth is watching big brother 13 and buying versace, gucci, etc etc


who do you think is going to use fireworks? perhaps the governement..........................

Tue, 06/26/2012 - 12:19 | 2561961 insanelysane
insanelysane's picture

Rephased.  Let us create more worthless paper (eurobond certificate) or the world ends.  Germany is going to get kicked out of the Zone.

Tue, 06/26/2012 - 12:11 | 2561900 Urban Roman
Urban Roman's picture

Don't let the screen door hit ya ...

(and quit playin' with yer dick)

[edit] Never mind, I see, it's a picture of that other Italian. Does anyone have a picture of Mario?

Tue, 06/26/2012 - 12:18 | 2561960 battle axe
battle axe's picture

Mario Resign, Greece default, Germany bail on the Euro, etc etc etc. We all sort of know what will and should happen, lets get on with it, Euro go Boom. 

Tue, 06/26/2012 - 12:42 | 2562055 azzhatter
azzhatter's picture

but...but...what about the belgians

Tue, 06/26/2012 - 12:48 | 2562065 Sudden Debt
Sudden Debt's picture

We keep a low profile for now....
But soon....



Tue, 06/26/2012 - 16:00 | 2562676 Ghordius
Ghordius's picture

+1 OK, count me in. but only if you keep having often no government, this is the most appealing part of Belgium

Tue, 06/26/2012 - 12:30 | 2562010 williambanzai7
williambanzai7's picture


Tue, 06/26/2012 - 12:37 | 2562040 milanitaly
milanitaly's picture

Exactly. If we crash, germany will crash too.

Germany didn't learn Mussolini's lesson.

Tue, 06/26/2012 - 12:50 | 2562074 Sudden Debt
Sudden Debt's picture

So if... The italians... Dn't get what they want....
They'll hang one of their own?.....
And this will scare the germans.... Because....

Tue, 06/26/2012 - 13:21 | 2562168 milanitaly
milanitaly's picture

They said as you the same thing during the second world war.

German never won a war and never paid enough for that.

We will see this time.

Tue, 06/26/2012 - 13:34 | 2562203 EscapeKey
EscapeKey's picture

Amazing how lippy an Italian can be on the topic:

According to the Paris Peace Treaties, 1947Italy agreed to pay reparations of about US$125 million to Yugoslavia, US$105 million to Greece, US$100 million to the Soviet Union, US$25 million to Ethiopia, and US$5 million to Albania.


After World War II, according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly in machinery and manufacturing plants.

"intellectual reparations" taken by the U.S. and the UK amounted to close to $10 billion

Germany paid Israel 450 million DM in Holocaust reparations, and paid 3 billion DM to the World Jewish Congress to compensate survivors in other countries.

So, that makes Italian reparations less than $500m, and German about $34bn, and of all things you choose to pick on Germany for this?


Wed, 06/27/2012 - 16:32 | 2566288 Analyse2
Analyse2's picture

True, but it is Germany which began the war, and also Italy did less harm than Germany, by far ...

Tue, 06/26/2012 - 14:29 | 2562362 walküre
walküre's picture

Dare to make a wager on Thursday's game? If Germany wins, no ESM. If Italy wins, all the ESM you canna stuffa in your pantsa (but without Germany).


Tue, 06/26/2012 - 12:56 | 2562093 gjp
gjp's picture

Love it!  WB, you're the best

Tue, 06/26/2012 - 13:22 | 2562172 Clayton Bigsby
Clayton Bigsby's picture

That picture is fucking priceless - LOL'ed on that deal - nicely done...

Tue, 06/26/2012 - 14:58 | 2562439 noses
noses's picture

Merkel: No Euro-Bonds as long as I'm breathing

I guess Monti just shot his own foot.


Tue, 06/26/2012 - 12:01 | 2561867 Fips_OnTheSpot
Fips_OnTheSpot's picture

Greek PM accepts resignation of deputy minister over links to offshore firm

Tue, 06/26/2012 - 12:01 | 2561870 Conman
Conman's picture

Time to go long popcorn and comfy seating.

Tue, 06/26/2012 - 12:01 | 2561871 fuu
fuu's picture

Pretty sure Angela wants to live more than you want to work so...

Tue, 06/26/2012 - 12:09 | 2561923 Raynja
Raynja's picture

But it's God's work

Tue, 06/26/2012 - 13:11 | 2562137 NotApplicable
NotApplicable's picture

Can't they just settle this like adults and conduct a duel?

Tue, 06/26/2012 - 13:34 | 2562207 fuu
fuu's picture

I volunteer to be the second for both of them. I know I am better with a rapier, epee, and pistol than either of them.

Tue, 06/26/2012 - 12:02 | 2561872 JackT
JackT's picture

Don't let the door hit ya where the Good Lord split ya!

Tue, 06/26/2012 - 12:02 | 2561874 doomandbloom
doomandbloom's picture

Hand over the money...else ill shoot .,..( myself)

Tue, 06/26/2012 - 12:02 | 2561875 mrktwtch2
mrktwtch2's picture

how do you say fuck off in german..she should tell that greasy wop to go take a hike..

Tue, 06/26/2012 - 12:11 | 2561915 Abraxas
Abraxas's picture

Fuchen absiegatchen willen umschtrauflindenberg!!!

edit: if German speaking folk can't understand the above, it's because it's not in the hoch Deutsch. It's one of the dialects.

Tue, 06/26/2012 - 12:34 | 2562025 BlueCollaredOne
BlueCollaredOne's picture

Good god I feel sorry for german third graders.  Spelling class must be a bitch.

Tue, 06/26/2012 - 12:45 | 2562062 Piranhanoia
Piranhanoia's picture

schleck deutsch?  

Tue, 06/26/2012 - 13:40 | 2562195 Abraxas
Abraxas's picture

Nein. Just messin' around.

Tue, 06/26/2012 - 12:10 | 2561925 CynicLaureate
CynicLaureate's picture

Verpiss dich!


Tue, 06/26/2012 - 12:19 | 2561957 Abraxas
Abraxas's picture

Same to you, man! :-)

Tue, 06/26/2012 - 14:31 | 2562365 walküre
walküre's picture

Verfick dich!

Tue, 06/26/2012 - 12:41 | 2562052 Jack Sheet
Jack Sheet's picture

Unfortunately there is no literal translation. The verb f**k in German is "ficken" which does enjoy considerable usage in other phrases. You can say "piss off" which is "verpiss' Dich", or the classical phrase "leck' mich am Arsch" (lick my ass, courtesy of the playright Schiller).

Tue, 06/26/2012 - 13:49 | 2562243 slaughterer
slaughterer's picture

Einfach: du kannst mich am Arsch lecken.  

Tue, 06/26/2012 - 12:02 | 2561877 I am a Man I am...
I am a Man I am Forty's picture

Oh no, if we don't do what he says, he's going to shoot himself.

Tue, 06/26/2012 - 13:04 | 2562120 Seer
Seer's picture

Beat me to it! :-)

Tue, 06/26/2012 - 12:03 | 2561881 ffart
ffart's picture

You'll be missed, some guy who does... something? That has to do with banking I guess.

Tue, 06/26/2012 - 12:03 | 2561884 CaptainObvious
CaptainObvious's picture

2 year old Monti:  Give me your toy truck or I'm taking my toys and going home!

18 year old Monti:  Give me a piece of ass or I'm breaking up with you!

Modern day Monti:  Eurobonds, or I resign!

See, parents?  See what happens when you don't stop temper tantrums in their tracks?

Tue, 06/26/2012 - 12:15 | 2561947 francis_sawyer
francis_sawyer's picture

2 year old Monti: Sucking off his mothers tit

18 year old Monti: sucking off his mothers tit

Modern day Monti: sucking off his mothers tit

Tue, 06/26/2012 - 13:52 | 2562254 slaughterer
slaughterer's picture

Italians: Emprison Monti on Lampadoosa for life, this man is destroying your wonderful civilization.   

Tue, 06/26/2012 - 12:04 | 2561886 timbo_em
timbo_em's picture

So how can one speculate against a sound and financially strong country like Italy? Oh, wait...

Tue, 06/26/2012 - 12:04 | 2561887 tekhneek
tekhneek's picture

Can you really resign if you were never elected?

Tue, 06/26/2012 - 12:08 | 2561908 Global Hunter
Global Hunter's picture

the voters gave him a pretty clear mandate (hehe)

Tue, 06/26/2012 - 12:16 | 2561954 francis_sawyer
francis_sawyer's picture

mnaybe they meant 're-sign'

Tue, 06/26/2012 - 12:51 | 2562080 Sudden Debt
Sudden Debt's picture

Looks more like they'll fire merkel :)

Tue, 06/26/2012 - 13:35 | 2562210 Ropingdown
Ropingdown's picture

Monti is an ex-Goldman guy: I figure he is just maneuvering to renegotiate his contract, bonus formula.  "If I completely screw Italy I expect something worth my while at year's end!"

Tue, 06/26/2012 - 12:05 | 2561894 Alejandrito
Tue, 06/26/2012 - 12:05 | 2561895 EL INDIO
EL INDIO's picture

Fuck off

Tue, 06/26/2012 - 13:18 | 2562154 Jack Sheet
Jack Sheet's picture

well said

Tue, 06/26/2012 - 12:06 | 2561897 crawldaddy
crawldaddy's picture

Germany should just get the hell out themselves. Why keep throwing good money after bad.  At times that are crisis, its important to get out in front of it, not let it dictate your actions.

Tue, 06/26/2012 - 12:07 | 2561910 LawsofPhysics
LawsofPhysics's picture

I'd say Germany is already preparing to do just that.

Tue, 06/26/2012 - 12:12 | 2561935 Mark123
Mark123's picture

Germany is viewed as crazy and suicidal since they want the Euro to be a stable currency (not something that is devalued to paper over bankers criminal/stupid activities). 

How far we have come....


Tue, 06/26/2012 - 12:07 | 2561901 crawldaddy
crawldaddy's picture
  1. Whats next? Spain leaders threaten to hold their breath?
Tue, 06/26/2012 - 12:15 | 2561951 Abraxas
Abraxas's picture

The Irish will threaten to abstain from drinking first. Then the Serbs will assasinate the archduke.

Tue, 06/26/2012 - 12:07 | 2561903 LawsofPhysics
LawsofPhysics's picture

Crack suicide squad, attack!!

Tue, 06/26/2012 - 12:07 | 2561904 Mark123
Mark123's picture

So, he wants to leave.


Don't say I blame him....where is the upside in staying on in the job?  Now he can say that he was forced out by Germany, rather than being seen as a rat deserting a sinking ship.

Tue, 06/26/2012 - 12:07 | 2561907 Alejandrito
Alejandrito's picture

berlusco will he return?

Bunga bunga its comming

Tue, 06/26/2012 - 12:09 | 2561919 Croatian Patriot
Croatian Patriot's picture

now we have bunga-bunga2

Tue, 06/26/2012 - 12:15 | 2561953 EL INDIO
EL INDIO's picture

Where old teenage girls are not allowed

Tue, 06/26/2012 - 12:07 | 2561909 chet
chet's picture

Germany should leave the Euro.  It would depreciate for the remaining countries easing their pain, and the German people would no longer have to backstop the whole enchilada.  Wonder if it will happen....

Tue, 06/26/2012 - 12:08 | 2561911 Croatian Patriot
Croatian Patriot's picture

Viva la democration

Tue, 06/26/2012 - 12:08 | 2561912 bnbdnb
bnbdnb's picture

Go in your bedroom little boy and punch your pillow. I don't want to hear you crying.

Tue, 06/26/2012 - 12:10 | 2561922 QEsucks
QEsucks's picture

vaffanculo. Fixed it for you.

Tue, 06/26/2012 - 12:10 | 2561926 nobusiness
nobusiness's picture

Market is saying Angela will die before Monty resigns

Tue, 06/26/2012 - 12:10 | 2561927 Desert Irish
Desert Irish's picture

The Italians should just save the theatrics for the soccer field......

Tue, 06/26/2012 - 12:11 | 2561930 lotusblue
lotusblue's picture

Italian Opera has always been the most dramatic and entertaining.Will they keep the trains running on time?

What happens when Dragi loweres rates and all funnded with fresh Euros? The inflation train?

Somehow I don't see millions starving in south europe and also no strongman.Perhaps this time human get it close to right.

Tue, 06/26/2012 - 12:11 | 2561931 GolfHatesMe
GolfHatesMe's picture

Who knew a Tuesday could be this entertaining?

Tue, 06/26/2012 - 12:16 | 2561956 machineh
machineh's picture

At the White House, they don't call it 'terror Tuesday' for nothin'!

Tue, 06/26/2012 - 12:13 | 2561937 Nobody For President
Nobody For President's picture

And just last week, the 20th European Summit promised to be boring - now we've got drama all over the damn place - and US markets going all green again, after a rough morning...

Tue, 06/26/2012 - 12:13 | 2561942 americanspirit
americanspirit's picture

This might give Italy the excuse it needs to split itself north and south. Who gets the bunga bunga is anybody's guess, but for sure somebody's gonna get it.

Tue, 06/26/2012 - 12:14 | 2561944 midgetrannyporn
midgetrannyporn's picture

squid operatives are not allowed to quit.

Tue, 06/26/2012 - 12:14 | 2561945 theTribster
theTribster's picture

I knew it would come to this. It would not surprise me at this point if Germany pulls out, otherwise they have this to look forward to for years and years all th emeanwhile accumulating more and more debt on the German people. I think Merkel would be considered a great leader in Germany of she aborted the Euro experiment and walked away even with writing off some of the debt.

The Euro would certainly implode at that point. I'm struggling to figure it out, the end game that is. It would seem there is soooo much political capitla invested in this EuroStructure that they will fight to the end and yet instead they are starting to fight amongst themselves. I guess there is a real possibility that the Euro could break up, this is the first I've actually considered it to be a possibility - at least in a month or two :)


Tue, 06/26/2012 - 12:14 | 2561946 nonclaim
nonclaim's picture

It was a gambit but Monti was not aware *he* is the pawn.

Tue, 06/26/2012 - 12:15 | 2561948 Bunga Bunga
Bunga Bunga's picture

Yes, please resign.

Tue, 06/26/2012 - 12:15 | 2561949 dariomilano
dariomilano's picture

Il Giornale is not a reliable source !!

Tue, 06/26/2012 - 12:15 | 2561952 lsbumblebee
lsbumblebee's picture

Hot dogs. Get yer hot dogs here.

Tue, 06/26/2012 - 12:16 | 2561955 ptoemmes
ptoemmes's picture

Death Race (2000) or Rollerball (2002).  Pay TV I say.  Run with it WB7....

Tue, 06/26/2012 - 12:32 | 2562021 spentCartridge
spentCartridge's picture

Death Race (1975) or Rollerball (1975).

Tue, 06/26/2012 - 12:20 | 2561971 SmoothCoolSmoke
SmoothCoolSmoke's picture

Italy v. Germany Thursday @ Euro 2012 just got a whole lot more interesting.

Tue, 06/26/2012 - 12:25 | 2561993 Zola
Zola's picture

We should thank the ex RDA commies for blatantly showing to Angela that socialism is not the answer and allowing her to face down these corrupt midgets constantly refusing to take responsability for their enormous failure.

Tue, 06/26/2012 - 12:31 | 2562002 Euro Monster
Euro Monster's picture

Vaffanculo Mario!!!

Tue, 06/26/2012 - 12:29 | 2562005 Mark123
Mark123's picture

This is like my drug-addict, spendthrift, fat, ugly, frigid wife threatening to leave me if I don't give her my platinum card so she can go shop her face off.

See ya later honey.

Tue, 06/26/2012 - 12:31 | 2562012 milanitaly
milanitaly's picture

Monti never said that. Il Giornale is owned by Berlusconi and it is against the Monti's government.

Don't bet on German, we will win as usual.

Tue, 06/26/2012 - 12:58 | 2562102 brooklynlou
brooklynlou's picture

Reminds me of the scene from Catch-22

Tue, 06/26/2012 - 13:28 | 2562189 milanitaly
milanitaly's picture

Exactly, thanks

Tue, 06/26/2012 - 12:31 | 2562016 saints51
saints51's picture

This whole Euro fiasco is fucking boring. Same shit everyday. Default or STFU. The Euro leaders remind me of the little boy who cries wolf. Always talking shit but when its time to back those words they crawfish everytime.

Tue, 06/26/2012 - 12:53 | 2562088 mark7
mark7's picture

Captain America is so much better...beating the shit out the guy next to the guy who punched first, like Iraq. Then probably soon running to whole another neighborhood to beat the shit out totally unrelated guy, Iran.

Tue, 06/26/2012 - 12:32 | 2562017 Snakeeyes
Snakeeyes's picture

Monti vs Merkel? My money is on Merkel.

Socialism kills and Germany has their own entitlement fiasco coming up.

Tue, 06/26/2012 - 12:40 | 2562050 milanitaly
milanitaly's picture


Even Adolf Hitler seemed he was winning

Tue, 06/26/2012 - 13:18 | 2562157 Jack Sheet
Jack Sheet's picture

"looser" is what Berlusconi is doing to his suit pants in the pic

Tue, 06/26/2012 - 12:36 | 2562036 RoadKill
RoadKill's picture

Germany leaves the Euro and joins up with the new Romney admin to cut government spending, lower taxes and free up markets. The new socialist Euro goes into full out print mode. The key questions end up being what do the UK Japan and China do?

My guess is UK and China go with US and Germany. JAPAN goes with Hollande.

Could be the ultimate show down of Capitalist, free market sound money vs centrally planned socialist BS.

Tue, 06/26/2012 - 12:58 | 2562100 Terminus C
Terminus C's picture

wait, what...?

Did you just equate Romney with free market capitalism and sound money?


Tue, 06/26/2012 - 12:37 | 2562041 savagegoose
savagegoose's picture



merkeel was heard to say

dont let the door hit your ass on th way out,.


i dont want ass marks on my new door

Tue, 06/26/2012 - 12:38 | 2562045 Ted Baker
Ted Baker's picture


Tue, 06/26/2012 - 12:39 | 2562047 azzhatter
azzhatter's picture

Such a loss- Can he get Barrosso and Von Rumpboy to comitt suicide too

Tue, 06/26/2012 - 12:42 | 2562056 Jack Sheet
Jack Sheet's picture

Fucking charade is all.

Tue, 06/26/2012 - 12:43 | 2562059 Snakeeyes
Snakeeyes's picture

You gotta love Google's Italian to English translator.

Perhaps the Prime Minister Mario Monti has finally accepted the ultimatum of Cav and decided to download Frau Merkel.

Now THAT would be a big attachment. Hope they don't use a AT&T iPhone to download.

Tue, 06/26/2012 - 12:57 | 2562098 mark7
mark7's picture

You guys are forgetting, Merkel is a Quantum Doctor. She is simultaneously doing bailout and no bailout and you simply cannot measure which one is it, without the measurement affecting the resulting conclusion.

Tue, 06/26/2012 - 13:00 | 2562105 No Euros please...
No Euros please we're British's picture

I think Monti forgot to say /sarc off.

Tue, 06/26/2012 - 13:01 | 2562107 Nobody For President
Nobody For President's picture


Tue, 06/26/2012 - 13:03 | 2562111 bombimbom
bombimbom's picture

eurobonds are very unlikely before decisive steps towards fiscal union are made and monty knows that.

European Redemption Fund (ERF) could well be a different story. those receive far less opposition from germany and they would be quite beneficial, especially for italy. at worse they would buy Italy a lot of time. something tells me that is what monty is aiming to. he will ask for eurobonds to get ERF.

Tue, 06/26/2012 - 13:05 | 2562128 Seer
Seer's picture

Paging William...


"Give me debt, or give me death!"

Tue, 06/26/2012 - 13:06 | 2562131 Bansters-in-my-...
Bansters-in-my- feces's picture


May I be so kind to suggest die instead...

Tue, 06/26/2012 - 13:15 | 2562146 HileTroy
HileTroy's picture

HA reminds me of the scene from blazing saddles

No Body Move

Tue, 06/26/2012 - 13:44 | 2562230 miltiadis
miltiadis's picture

With this State of Eurozone Bunga Bunga will soon reach most of the Countries if nothing changes...

Tue, 06/26/2012 - 13:55 | 2562259 YesWeKahn
YesWeKahn's picture

The next one speaking would be Bernanke who will self mutilate if there is no eurobonds.

Tue, 06/26/2012 - 13:58 | 2562270 Stormy Weather
Stormy Weather's picture

Mario : Can I haz grappa?

Merkel : Leck mich am Arsch spaghetti

Tue, 06/26/2012 - 14:03 | 2562284 Inthemix96
Inthemix96's picture

Eurobonds or you resign monti??  Nice, very nice you fucking GS implant.  Who exactly voted for you you fucking two faced fucking banker swine.

Let me put this another way folks, either do what is right by your Italian brothers, or you wont resign you cunt, one of your brothers will fucking kill you, then peel you, then feed your skin to the dogs while you watch, and then color you in with crayola pencils a nice shade of yellow you fucking treasonous banker fucking bastard coward.

See, its easy, put your own first you fucking greasy pale skinned shitheaded cunt.

Tue, 06/26/2012 - 14:04 | 2562288 Quinvarius
Quinvarius's picture

Are these people retards?  Just default.

Tue, 06/26/2012 - 14:04 | 2562289 Quinvarius
Quinvarius's picture

Are these people retards?  Just default.

Tue, 06/26/2012 - 14:25 | 2562349 Joe A
Joe A's picture

Okay, bye now. Don't foget to close the door on the way out.

Tue, 06/26/2012 - 14:54 | 2562419 PontifexMaximus
PontifexMaximus's picture

Che si dimetta, quell fannullone! He only did half ( and the easy) of his job as technical non elected president. Reforming the labour market, tearing down the famous paragrafo 18 and so no, it's another game. Playing the card of going against Angela is just stupid, stubburn and shortsight. It's def much easier to do so than confronting the strong(er) unions in his country. Ha perso la partita, il nostro caro presidente della repubblica. Again, Italy is the 800 lb gorilla in the room. I hope that Angela is resisting against all odds in the days ahead. I'm not for Deutschland über alles, but against more Italy, Spain and France, because, that's what Obama wants in the end, because he desperately needs it.

Tue, 06/26/2012 - 14:55 | 2562428 duckarooni
duckarooni's picture

This is all a bad dream, right?

Tue, 06/26/2012 - 14:57 | 2562434 Nonexistent Uni...
Nonexistent Uninvented God's picture

Never go up against a sicilian when debt is on the line.

Tue, 06/26/2012 - 15:33 | 2562587 Whatsoever
Whatsoever's picture

That's it.

The Nazis never paid apppropriate for what they did.


Neither did they pay for Marzabotto, nor for Kephalonia.


And they didn't pay for the mother of my grandmother, who was murdered in the GESTAPO-Headquarter in Vienna, just because she wouldn't let from her christian cross on a nacklace.


Greetings from Vienna, which is disgusted from Berlins neoliberal Taliban.

Tue, 06/26/2012 - 17:32 | 2562968 fiddy pence haf...
fiddy pence haff pound's picture

What MOnti said.

That's always been the GOldman/US/UK plan, all along.


Isn't Monti one of their boys too?

So the EC monarchs are either dupes or under some

serious pressure, and saw MOnti, Draghi and Papademos

as better than the alternative.

Gotta keep those liquidity sluices open!

Financial diarrhea.

Tue, 06/26/2012 - 19:35 | 2563277 twocents
twocents's picture

Hey, Mario 'Three Card' Monti. Here's a newsflash:

You are busted, bitch.

Take your ball home and shove it up mommy Goldman's ass.



Tue, 06/26/2012 - 19:38 | 2563282 twocents
twocents's picture

Hey Monti,


Perhaps Goldman could invent a 'Bunga Bond'


You fucking prick.

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