Mario Draghi Says Situation In Italy Is "Confusing And Dramatic" - As Is All Of Europe Today

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Wed, 10/26/2011 - 06:54 | 1811494 Fips_OnTheSpot
Fips_OnTheSpot's picture

50 years of peace, freedom and wealth (.... and 9tn debts)

Wed, 10/26/2011 - 10:19 | 1812263 falak pema
falak pema's picture

frau Merkel now Bismarck's out G20.

Wed, 10/26/2011 - 06:57 | 1811495 gojam
gojam's picture

I said it before.

A treaty change will ensure the UK leaves the EU.

Other countries in the EU have a constitutional clause which triggers a referendum when there is a Treaty change.

So what ?

A messy breakup of the EU (not the Eurozone that's a seperate matter.) 

Wed, 10/26/2011 - 07:00 | 1811515 DogSlime
DogSlime's picture

Good.  I hope we do leave.  The whole thing is run by clowns and the clowns themselves are made from shit.  Laurel and Hardy could have done better.

Wed, 10/26/2011 - 07:05 | 1811531 gojam
gojam's picture

Yep, but Merky knows this so is the UK being maneuvered out.

I agree BTW, it's too expensive, undemocratic, and bureaurcratic

Wed, 10/26/2011 - 07:22 | 1811578 AngryGerman
AngryGerman's picture

Yep. leave EU and take your shitty banking system with you. At least then we don't have to bail your state-owned monstrosities out too...

ours are enough...

Wed, 10/26/2011 - 07:31 | 1811606 reload
reload's picture

We have our own printing press thank you, which is deployed for the convenience of our bankers and the impoverishment of citizens. It seems to work pretty well without any input from the EU or Germany. Our banks are awful, are Germanys.

Wed, 10/26/2011 - 07:37 | 1811619 gojam
gojam's picture

Which state owned monstrosities are you refering to ?

I think you're mistaking the British for the French and Italians.

Wed, 10/26/2011 - 07:12 | 1811555 reload
reload's picture

Wishful thinking I fear. Cameron and Klegg are career politicians, they both want a role in the soon to be, even less democratic, European Union of Serfdom.

Klegg made it clear yesterday that if any powers at all were wrested from Brussells and returned to westminster - he would throw his toys out of the pram. End of joint government. Cameron will back away from that, he barely has a mandate to govern anyway and would not relish another election.

Of course the smple and democratic thing would be to hold a ballot. If they did the result would be a huge majority in favour of leaving the EU. Thats why they will not give us one, it would scupper their chances of a cushy EU Commisar role in the future.


Wed, 10/26/2011 - 07:06 | 1811540 Quintus
Quintus's picture

I wouldn't count on it.  This week's circus in Parliament has been revealing in it's highlighting of just how bought-and-paid-for all of the main parties are.

Even in a non-binding, backbench motion, the leadership STILL would not trust the members of their own parties and forced them to vote with the Government line.

Congratulations to the 111 rebels who kept their word to their voters, and consequently their honour.

I am certain that Cameron will find, on close examination, that no matter what treaty changes are proposed they do not involve "Transfer of significant new powers to Brussels" in his weasel phrase, and therefore no referendum is necessary.  Because he says so.

Wed, 10/26/2011 - 07:27 | 1811592 reload
reload's picture

You are of course correct, and out of disgust I have just joined the UKIP.    

Wed, 10/26/2011 - 07:41 | 1811634 Grimbert
Grimbert's picture

Sign the petition if you haven't already

Wed, 10/26/2011 - 09:08 | 1811920 Quintus
Quintus's picture

Did it this morning.

If the EU can keep asking the question until it finally gets the answer it wants, why can't we?  Let's play them at their own game.

Wed, 10/26/2011 - 10:42 | 1812425 graymnzrc
graymnzrc's picture

That is a very poorly worded poll.

" grant us an opportunity through a referendum to express our desire on the relationship with the EU."

What the hell is it really implying?

Wed, 10/26/2011 - 06:54 | 1811496 HD
HD's picture

Just implode already. I got shit to do.

Wed, 10/26/2011 - 06:56 | 1811497 wang (not verified)
wang's picture

What, no mention of Gaddafi?

Wed, 10/26/2011 - 06:55 | 1811498 achmachat
achmachat's picture

Here in Luxembourg it's as if people live on a perfectly shielded island, 80 km long and 50 km wide.
Nobody cares, nobody is alarmed.
I feel like I am taking crazy pills.

Wed, 10/26/2011 - 07:11 | 1811551 Don Diego
Don Diego's picture

I care, got gold, silver, tuna cans and plenty of letters signed by Mr. Muller.

Wed, 10/26/2011 - 07:18 | 1811567 HD
HD's picture

Don't use the metric system - as we Americans suspect it's a form of witch craft...

Wed, 10/26/2011 - 08:42 | 1811811 swiss chick
swiss chick's picture

Same here in Switzerland!!!!!

Unbelievable, people going on as if everything is fine...

Wed, 10/26/2011 - 10:17 | 1812250 falak pema
falak pema's picture

everything is fine in the heart of Lotharingia! It is the very place where euro capitalis began and whatever happens on rim the heart will be where europe will regroup for reset : Lotharingia. That is it. Historic crescent from Antwerp/Rotterdam to Milan/Genoa. Along the Rhine and through Alpine Schweizer land, east of the Rhone river. 

Wed, 10/26/2011 - 10:16 | 1812249 xcehn
xcehn's picture

People feel helpless to affect or change the corrupt system that engulfs them.  Some don't even have the luxury of being aware.  Of those that do, many drink back their anger in the pubs or their rented/mortgaged flats.

Wed, 10/26/2011 - 06:56 | 1811501 DogSlime
DogSlime's picture

confusing and dramatic

also pathetic and hilarious. 

You just couldn't write this stuff.

What's the odds that someone will make the vaguest hint at a possible meeting about a plan for a preliminary discussion about a resolution and the markets will skyrocket?

Fucking appaling.  With these incompetent scum running the show, we're fucked.  Just get it over with and then we can get on with trying and jailing/executing the architects of this mess...


...either that or start the big fusion firework display.  Anything but this fucking farce day-after-day.

Wed, 10/26/2011 - 06:57 | 1811503 slaughterer
slaughterer's picture

Merkel der Spanferkel. 

Wed, 10/26/2011 - 09:30 | 1812013 TheFourthStooge-ing
TheFourthStooge-ing's picture

Sagt Sarkozy, "Merkel das Geistig behindert Trüffelschwein."


Wed, 10/26/2011 - 07:00 | 1811512 slaughterer
slaughterer's picture

So when do we get to here "Ode to Joy" with the vague sounds of all these drama queens and confused kings strangling one another in the background? 

Wed, 10/26/2011 - 07:02 | 1811520 brodix
brodix's picture

The bubble of hot air grows to infinity. 

 Or not.

Wed, 10/26/2011 - 07:24 | 1811586 AngryGerman
AngryGerman's picture

bunga is probably confused as he just woke up in next to a 15 year old hooker

Wed, 10/26/2011 - 07:25 | 1811587 Börjesson
Börjesson's picture

Oh crap! Up 'til now, all this chaos has been sort of fun to watch, in a gallows humour kinda way. But after reading this, it isn't fun anymore. Now I'm getting worried for real. For some reason, I thought the Germans were on our side, on democracy's side, against the evil schemers in Brussels. But I guess not.

Take your damned EU superstate and shove it, Mrs Merkel! We don't want it!

Wed, 10/26/2011 - 07:26 | 1811591 AngryGerman
AngryGerman's picture

lol, were have you been living the last 50 years?

Wed, 10/26/2011 - 07:30 | 1811605 lolmao500
lolmao500's picture

Time for Germany to overthrow that bitch. But that won't happen. Just like Ron Paul won't get elected in the US.

The only thing that could change things real fast is if the FN is elected in France in April... if France gets downgraded before then, then it's a very real possibility.

Wed, 10/26/2011 - 07:48 | 1811656 RoadKill
RoadKill's picture

Clearly this will all end with a bang. Hopefully that bang will be people all over the world throwing every politician out of office and starting the whole system over from scratch.

The biggest problem is I don't trust the revolutionaries any more then the schmucks in office. OWS wants to steal all my money and end capitalism. The TP will force me to obey their imaginary man in the sky and oppress everyone that's not a straight, white, Christian, male. And the Ron Paul libritarieans are simply trying to replace our fiat overlords with the fruitcakes that dug up a specific type of shiny metal and then stuck it back under ground.

Get rid of Ghadaffi, hello Al Quieda

Wed, 10/26/2011 - 07:49 | 1811658 Coldfire
Coldfire's picture

Farcism on speed.

Wed, 10/26/2011 - 07:57 | 1811680 xcehn
xcehn's picture

Drama and confusion provide excellent cover for the proxy banksters to bailout their masters and rape the taxpayers.

Wed, 10/26/2011 - 08:42 | 1811812 spanish inquisition
spanish inquisition's picture

Even the morning choice between poached and OE is confusing and dramatic in Italy.

Wed, 10/26/2011 - 08:57 | 1811874 Bahamas
Bahamas's picture

Mario Draghi will finish the job he started on board of the Britannia back in 1992 and loot whatever is left in Italy to take and give it to his bosses at Goleman Sucks

Wed, 10/26/2011 - 10:06 | 1812200 americanspirit
americanspirit's picture

Zero chance of anything happening other than creatively-packaged additional debt in both Europe and the US. No hard capital to speak of is being created either place, so debt is all there is. And talk of 'fixing the system' in places like Greece, Portugal, Spain and Italy - please! Really - you've got to stop. You're killing me!

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