This page has been archived and commenting is disabled.
Merkel Says No European Shared Liability As Long As She Lives
For. The. Win.
- GERMANY'S MERKEL SAYS EUROPE WILL NOT HAVE SHARED LIABILITY FOR DEBT AS LONG AS SHE LIVES
Socialism better have a Plan B.
Gold, Silver, Stocks, Treasury Yields, and EUR all plunging...
and in the meantime, Spain and Italy yields push higher and Spain and Italy bank stocks plunge further...
Why is Merkel doing all of this? Simply. We have said it n times before... We will say it again:
Germany will continue pushing every peripheral country closer to the brink (which helps Germany courtesy of increasing pressure on the EURUSD, which benefits the only real net exporter and mercantilism beneficiary in the Eurozone - Germany - by now only absolute economic dilettantes don't seem to understand this) until such time as PIIGS (and then all the other formerly core - here's looking at you socialist "fairness doctrine" entrants) come begging for any scrap that whoever is in charge of Germany will be willing to hand them, in the form of a Debtor In Possession loan of course, and thus accretive to Bunds. If that means presenting their gold to the German Cash4Gold pawn shop under the guise of a Redemption Fund or whatever it is called, so be it. Unless of course, everyone keeps demanding that Germany bail them out. In which case Merkel will just unpack that brand spanking new shipment of DEMs and be done with it.
»
- 19246 reads
- Printer-friendly version
- Send to friend
- advertisements -
health accident 3..2..1.
Now I'd hit it.
Yep, against impossible odds, Merkel just got sexy.
I wish she would have said this two years ago.
Stay out of hot tubs Angela.
We'd hate to see you get heartattacked...
EUR: "Mutter! Mutter! Share your milk!"
http://tinyurl.com/7rq5s7q
does she mean as long as she is PM or whatever she is ...
or this way sounds more dramatic ... i guess if she is removed from power not much she can do about it EVEN if she still alive is there ???
just asking ...
She didnt say it!! This is just another crap rumor folks!. Be smart.
Obeyme, temporary leader of the free world, commanded her to get with the program. How dare she defy His Gloriousness ?
According to the irresponsible CNBC:
Germany's Angela Merkel was quoted as telling a meeting of one of the parties in her coalition on Tuesday that Europe would not have shared total debt liability "as long as I live".
The chancellor said there would be no shared liability of debt in Germany either - after her government agreed plans with federal states to issue joint "Deutschland bonds" - in comments reported by participants in a meeting with the Free Democrats (FDP), junior partners in her centre-right coalition.
Is that some crap reporting or what?! These people should be sued.
here:
http://www.cnbc.com/id/47963287
In a Maggie Thatcher kinda way....
nah just a front. she has wet dreams of euro bonds, centralized treasury, and stripping EU nations of their sovereignty. just trying to get popularity points now until the SHTF then she will change her mind and say she had no choice but to agree to euro bonds. c'mon ppl, this is how lying politicians play the game!
Sadly you are probably right... fucking evil bastards!
Not this time.
She'd be dangling from piano wire on the Ku'damm if she gave into "debt pooling"...
And rightfully so.
Does Plan B involve any kind of contract on someone in particular?
This is europe, we have gone past plan B ages ago. We are now on Plan 9 (or Nein!)....from Outer Space of course.
yesssssssss...indeed
I bet she'd change her mind if Hollande would lower France's retirement age to 55 or so. [/s]
"her logic is sound" indeed. "must have had a Secret Santa."
Whew. 4 awhile there I was beginning 2 think she was developing a Merkyll & Hide personality.
Jesus Christ! She will get JFK´ed by the zionist-satanists !
Did she have a stroke??
Last I checked, Germany sells debt.... I believe they are called Bunds. /sarc
The old bag likes her own debt, just not other people's.
And you must be debt free of course.
Think about this if it were people. Your neighbour is telling you "I can't afford my mortgage, I'm going to let the bank foreclose and drag down the value of all the houses on the block, putting you underwater, if you don't co-sign a loan with me". Would you do it?
Bingo. Why stop squeezing when they're still some assets to strip. Merkel won't relelnt till the last Spiderman towel is safely hid away in a German bank vault.
4th Reich baby! All your bases belong to us!
Give Angie credit 4 having balls, boobs, & bravado. She's Germany's Churchill in drag.
Put some lipstick on it and get some strong perfume to cover the smell of pork...
Angela, when you are working with GLOBAL PSYCHOPATHS you don't want to give them any extra ideas!
Is she trying to be European J.F.Kennedy?
Its about time we finally got this global economic collapse thing going.
I was getting bored waiting for the inevitable.
Tough Love.
That's no "turd" in the punchbowl, its full-fledged diarrhea.
Solution - assasination?
Hope Merkels takes trains instead of planes and helicopters.... just saying...
Right! Stay out of small planes Angela. Seriously.
Via: Guardian:
Russia was tonight coming to terms with its most deadly terrorist attack in years after investigators confirmed that a powerful improvised bomb caused Friday’s devastating train crash in which at least 26 people, including several top government officials, were killed.
Among the named dead so far were several senior Kremlin bureaucrats, including Boris Yevstratikov, the head of Russia’s Federal Reserve Agency, anTarasov, also died.
That gal has a big pair..
gal?
http://cdn1.spiegel.de/images/image-27550-galleryV9-sifh.jpg
That has to be a Banzai job.
Udderly ridiculous.
Those are real. Her statement, dunno, but the tits caused controversy a while back.
fix her face first
Butterface... I'll need two bags though, one for her and one for me in case her's falls off.
She just moved up in a lot of dead pools
Ouch...You better have somebody tasting your food Angela.
Don't eat in Italian, Spanish, Irish, Portugese, Greek restaurants for the rest of your life.
Well, Merkel has certainly showed she has an excess of balls. Will she at least share those with the testicle-deprived leaders of Europe?
Borrowd them from Thatcher.
Perhaps she'll smoke a Winston...
Would love to see her just beating the ever lovin' shit out of Von Rumpboy
She has a death wish? Who knew?
Respect
Tape-bomb city!
So... Nein means Nein (new t-shirt coming soon)
unterschrift Angela
Print two (one for moi)
Seriously, this basically leads to a path of bankrupting German banks too. Perhaps then she will re-examine the implications of "nein", but it'll be too late. If the revenues to cover the debt is not coming from German tax revenues, crank up the ECB printing presses. That's all that's left... unless those other nations want to pony up their gold as collateral.
You are thinking in the right direction. Merkel is badly underwater politically so this is clearly a move to tell people what they demand to hear. Hell, ZH loves it and they are approximately as logical as the German public.
However, she will not back up the rhetoric when it actually comes to policy that will sink said banks.
I almost posted on the France thread to say that Germany is doing financially what they have been unable to do militarily.
Everyone on ZH can bet their sweet ass the Germans plan to run Europes show in the near future ... and debt is how they are gonna git 'er done. Merkel is an key part of seeing said plan through to completion.
In other words, this TJ donkey show hasn't had any donkeys yet, but they are planned and those plans are not changing. Stay tuned to be either amazed or revolted ...
Regards,
Cooter
The worst that can happen with this firm Nein - unemployment to 5.9%, deficit to 110/GDP and so on, the Germans can handle that, it is their Kur for their Kountry.
The strangling Ja, this is the slow and terrible death for the Germans.
"For Germany!" the Fatherland...is a Motherland?
shit, she gives that a timeline.
is there an InTrade line on her life expectancy? I will put everything I have on the under!!!
Oh dear...why do nice grassy knolls and book depositories sping to mind
This is Germany we're talking about - they don't shooy their leaders. Someone will try to bring a bomb to a conference room and screw up badly ...
Stay away from hot tubs Angie!
Nothing sexier than a strong German woman
Maybe one that shaves her armpits?
You'll find her in the zoo, in the cage between the unicorn and the griffin.
Funeral pre-announcement.
obama nuking berlin in 3...2.....1.....
He doesn't have the Angie sized balls. His approach would be much more cowardly.
That's what drones are for. He can sit back and watch it on tv.
But ... but ... he won a Nobel Peace Prize!
The finger wagging at the G20 did not work, did it, Mr. President?
He'd get Betray-us, sorry, Petraeus, to do it.
Could be a psych ops move. Say no to stand down the German public and then unleash just like Obama did with NDAA...
I read this as,
Angela Merkel demands to be assassinated.
coordinated fed intervention in 3...2...1
Coodinated drone attack 3...2....1
"Democrats ponder abandoning Charlotte."
She will turn 58 on the 17th of July. Just thought, that should be mentioned.
@timbo_em
Are you subtely referencing new research that indicates a person is more likely to die on his/her birthday?
No, I just wanted to give everyone an idea how old our Lady Pantsuit actually is.
I never thought I'd respect her any day. And no I'm not German and would "benefit" from shared toxic shit.
But it would just make the agony last much longer, sink the germans with it, and the sooner we pull the plug, the less pain for everybody (except unelected eurotechnocrats who nobody gives a fuck about)
How odd, I thought they all wanted to pin the liability on Germany. What's with this sharing thing? Share implies you yourself have something to contribute to the pot.
I laugh at the people suggesting assassination. Think one step ahead to who would replace Frau Merkel and this becomes unlikely. She has done a good job navigating the chaos despite all her jiggly parts.
She has done a good job navigating the chaos?
Dude, she's caused the chaos!
Tough Guy!
Hitler also railed against the "evil" socialist/communist boogeyman as a way to deflect from the extremist rightwing's obvious and glaring shortcomings. the dumbed down electorate bought into this fingerpointing as a means to avert taking responsibility for their actions and to place blame on those that couldn't defend themselves.
this isn't "socialism" (and by this term the rightwing peabrains often hysterically mistake it with communism) ... it's CORPORATISM. corporatism is when the corporations own the government. communism is when the government owns the corporations. yes, there IS A DIFFERENCE and yes, it does MAKE A DIFFERENCE.
looks like libertarians and their rightwing corporatist cohorts are STILL DOING THEIR FUHRER'S bidding.
No, there isn't, and no, it doesn't. The end result of both paths is the same. Witness Marco's Spain, which was functionally indistinguishable from Stalin's Russia or Mao's China, save in size and population.
Further, the Nazis and the socialists were at each other's throats only because they were drawing from and competing for the same members. You might as well claim that the Bloods and the Crips are ideologically dissimilar.
Libertarianism is the polar opposite of both corporatism and socialism, which are the practially the same in terms of ideology, and exactly the same in execution and result.
<< Marco's Spain >>
Senor Mosley, did you mean to compare the regime of Franco ?
@tmosley
Agreed. Contrary to anything the social sciences establishment publishes, both socialism/communism and fascisim are totalitarian in nature. While the theory of communism feigns anarchy, it relies on strong central authority in practice. All of the political systems mentioned, other than libertarinaism, are the same, i.e. tyrannical oppression, in practice.
"the end justifies the means." Agreed. But "does it justify the outcome"? Libertarians assume "all is not knowable." how do we "know" this is true since we all now KNOW "perception is reality"?
B fuckin' S.
Fly that Libertarian flag, dipshit.
Sigh...
Libertarianism is more or less tipping over into its true creator: Corporatism. The Koch Bros/Tea Party are a picture perfect illustration.
Nazism at its core had the message of racial superiority. You desperately need another set of books.
Yeah, let's go the MDB route & get a bunch of well educated Ivy Leaguers to explain to us the real distinctions between all of these & to furthermore understand that our real place in life is to sit back and let them guide us all, by virtue of their superior insight, through the malestrom of our own ignorance...
I'm not sure I grasp your comment. I mean to accuse no one except those who do not draw distinctions between types of collectivist movements, especially in times of social crises like today if you're in the West. By generalizations and distortions you end up with a false sense of past and present.
One more time in case of confusion: socialism, communism and fascism are collectivist, some more compulsive than others.
No, the core of the National Socialist ideology as it was presented was Blut und Boden, and while they certainly held a belief in the superiority of their race according to their standards of value, and not without good reason, it was race, and not racial superiority, that was the essential aspect of it.
What does that even mean? Son, stop thinking yourself into a labyrinth.
It means exactly what it says, you halfwit.
Valuing race in no manner logically implies a belief in racial superiority. Therefore the two are not equivalent. But I'll leave it to you to figure out why Hitler valued racialism for all peoples, and how National Socialists where to be found as far afield as India and Japan, if the central dogma of the ideology was that of the superiority of a race, in particular the Germanic one.
I guess my comment came out wrong Gene... I wasn't really disputing anything you said...
In the end, my most BASIC thought is really just a rumination... That is, that the whole kit & kaboodle of these 'ideas', 'philosophies', 'movements', whatever have had their lines constantly blurred, co-mingled, & otherwise diluted, that it's almost a waste of time talking about them anymore...
The JOKE is, that that opens up the door for some nimwit pseudo-intellectuals now to come along and take on the task of actually trying to put all the broken eggs back in the box (& that's why they get paid the big counterfeit bucks)...
Me? I'd rather just make a tasty onlette out of the spillage, toss the shells into a compost pile, & move on...
Libertarianism is more or less tipping over into its true creator: Corporatism. The Koch Bros/Tea Party are a picture perfect illustration.
Nazism at its core had the message of racial superiority. You desperately need another set of books.
No, Nazism at its core had complete state control over everything. They liked demonizing Jews, certainly, but even if there had been no Jews (or gays or Slavs or Bolsheviks) to demonize, they still would have conducted their economy the same way. Businesses were ostensibly owned by private interests, but these were, in practice, hollowed out shells. As Mises wrote in Human Action,
The second pattern [of socialism] (we may call it the Hindenburg or German pattern) nominally and seemingly preserves private ownership of the means of production, and keeps the appearance of ordinary markets, prices, wages, and interest rates. These are, however, no longer entrepreneurs, but only shop managers (Betriebsführer in the terminology of the Nazi legislation). These shop managers are seemingly instrumental in the conduct of the enterprises entrusted to them; they buy and sell, hire and discharge workers and remunerate their services, contract debts and pay interest and amortization. But in all their activities they are bound to obey unconditionally the orders issued by the government's supreme office of production management. This office (the Reichswirtschaftsministerium in Nazi Germany) tells the shop managers what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. It assigns every worker to his job and fixes his wages. It decrees to whom and on what terms the capitalists must entrust their funds. Market exchange is merely a sham.
The Nazis were more socialist than corporatist, though, frankly, once a state become totalitarian the lines between socialist/fascist/corporatist are pretty much meaningless. You have a ruling oligarchy with monopolies and cartels. Whether they're called 'bureaucrats' in the case of socialists or 'industrialists' or 'business leaders' in the case of fascism or whatever is irrelevant - the effect is the same, the State controls the economy. And no, 'socialism' doesn't mean just mean twinkly-toes wealth redistribution, it means state ownership over the means of production.
Libertarianism, by the way, pre-dates the Koch brothers.
It makes me laugh when you get hyped up about people conflating fascism and socialism - which are kissing cousins - and then go and say libertarians are corporatists. Corporations are creations of the State, you idiot - the very entity Libertarians wish to reign in.
You desperately need another set of books.
When did Franco murder 100 million? Please tell me.
Oh please. Read Rosenberg, Darre, Eckhart, Eggers etc. and then tell me that Marxists ideology is no different to that of the National Socialists. Yes, Nazis, Fascists and Communists were all of them statists - and the simialrity ends there.
Yes, it makes a difference. Under communism you end up with millions of people dead or in gulags.
So "what is the outcome" this time?
This is not really the issue, we don't have FEMA camps here.
As I see it it's pretty simple, you can either impose communism, so that everybody sink together, or let some sink deeper than others.
What's the point of taking everybody down with you? The reconstruction will be harder for everybody, including you.
Hitler never polled more than 44%........so the "dumbed-down electorate" failed by 56% to vote for his party
By that definition NSDAP Germany was neither corporatist nor communist.
Given the prosperity of Hitler's Germany versus Communist Russia, Maoist China etc. and their 100 million murders, apparently it does make a big difference.
Plan "B" stands for Bernanke.
That fucking piece of "human" dung.
Not even the tip,eh?
Check out the big brain on Angelaaaaa!
Did you see a sign out in front of my house that says dead PIIGS storage?
No such passage exists in Ezekiel.
Help Wanted: Food taster, Berlin
Excellent pay and benefits, including life insurance
"Deutschland uber alles, bitchez." - Merkel to the rest of Europe.
Deutschland Erwache!
it sounds like behind closed doors, someone threatened her with harm if she didn't cooperate. quite probably the FED.
and she said, fuck you , youll get QE to infinity over my cold dead body, and she probably means it. And I think she understands that if she announces it this way, people will know that her 'heart attack' was no accident. and as a result, the germans will be super pissed off and just leave the Euro immidiately if she is 'heart attacked'.
funny that it takes a woman to stand up to all this shit in europe.
How do you say DRONE ATTACK in German?
Schumfundingen anschluss!!!
edit: OK, OK, I admit, I made this one up
Drone aanfall
Google Translate is not your friend.
You happen to have a source for this claim?
Prelude to a gold mark, oh you naughty little minx.
When things get serious, you have to lie.
Merkel comment a misquote, so im hearing, she said "shared total liability" ...so, does this mean "perhaps some liability"? The show rolls on.
so yourrrr sayinn therrrres a chance..
I dont like to think about it that much.
Time for some more O Blabber...
Would have been better if she had said as long as Hollande lives
I think Ive fallen in love. Finally a politician that is willing to stand up to the peer pressure of hacks trying to get reelected. Monti, Rayjoy, Hollande, Obama go F yourselves. We arent going to play your game of "shared sacrafice" where we do all the sacraficing and you do all the sharing.
You've fallen in love with Angela? That's beyond ... that's ... well, disgusting.
She is going to cheat on you. She talks a tough game but when push comes to shove Germany doesnt want to see what happens if the euro collapses. Plus if you dont call it a bailout it isnt one.
Turkey wants to attack Syria in future immediately, when ever it feels threatened.
http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.welt.de%2F
How the SP is above 1300 is beyond me.
Spanish exporters are also exporting more than never before, well above the previous peak of 2007 and even trade deficit has narrowed a lot since 2008. So it is not all "Greek".
ECB, Spanning the Globe for Other People's Money. The thrill of LTRO and the agony of subordination.
Easier to explain losses.
Details: http://www.mcafee.com/us/resources/reports/rp-operation-high-roller.pdf?...
"Stackers" better start praying that Merkel retires now and Paul Krugman takes over the ECB or EU.
Why? This helps keep the price low for the stackers.
Long Live Angela Merkl!
Awww, who cares if gold is down? Zynga just announced new games and a new strategy.
The algo's are in complete control of the market, especially when there is no volume. Just watching the moves intraday make this painfully obvious. Germany's position is exactly what Zerhedge describes, and yet these idiot's on CNBC continue to say Eurobonds will magically cure the insolvency issues...lol.
Unless she is planning to rule germany for the rest of her life, such a comment is not that far of from a Hitler mentality.