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Mutiny On The Acropolis

Tyler Durden's picture


Oh this is getting good.

  • Greek Health Minister Says Referendum Won’t Happen: Proto Thema

Next up: the army arrives in full party regalia to pay the capital a visit.


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Tue, 11/01/2011 - 09:02 | 1831503 Iriestx
Iriestx's picture

And Europe is saved again.  Italian 10 year bounces back with a vengance and DOW futures surge into positive territory.  Buy the rumor.

Tue, 11/01/2011 - 09:03 | 1831528 Ethics Gradient
Ethics Gradient's picture

Not this one!

Tue, 11/01/2011 - 09:06 | 1831551 Cdad
Cdad's picture

Wait for the blood in the streets, and then BTFD in gold and silver.

Tue, 11/01/2011 - 09:13 | 1831621 Judge Holden
Judge Holden's picture

I believe the standard advice here is: Buy NFLX.

Tue, 11/01/2011 - 09:15 | 1831636 Cdad
Cdad's picture

You missed that opportunity.  Shhhhh...but I traded NFLX last week from the long side...despite the fact that it is barely even a shell of a company now.  Buying Netflix today would be ill advised.

Tue, 11/01/2011 - 09:16 | 1831642 Ethics Gradient
Ethics Gradient's picture

Shame the Greek army isn't publicly listed. Their shares might have gone parabolic before the days end....

Tue, 11/01/2011 - 09:31 | 1831770 Don Birnam
Don Birnam's picture

The Greek Army: Do they still wear breastplates, greaves and carry a sarissa ?

Tue, 11/01/2011 - 10:03 | 1831998 Rusty.Shackleford
Rusty.Shackleford's picture

Nope, they bought Tanks from Uncle sam last month,

Tue, 11/01/2011 - 09:15 | 1831638 HelluvaEngineer
HelluvaEngineer's picture

1615 / 29 (ish)

Tue, 11/01/2011 - 09:43 | 1831713 Tucson Tom
Tucson Tom's picture

Expensive dip!

Tue, 11/01/2011 - 09:11 | 1831597 homersimpson
homersimpson's picture

You're basically saying you went long on FAS after yesterday.. whoops.

Tue, 11/01/2011 - 09:11 | 1831608 Iriestx
Iriestx's picture

Full Disclosure:  I'm long guns and ammo.

Tue, 11/01/2011 - 09:16 | 1831646 homersimpson
homersimpson's picture

If that is the case, all is forgiven.

Tue, 11/01/2011 - 09:16 | 1831649 s2man
s2man's picture

You forgot the /sarc, so you get trashed.  Some folks are just too dense to get it.  Or maybe they are still asleep (just being kind here). 

Tue, 11/01/2011 - 09:29 | 1831761 bernorange
bernorange's picture

I too have noticed a severe lack of sarcasm meters among the ZH audience.  Some peeps are too uptight.

Tue, 11/01/2011 - 21:46 | 1835235 Christophe2
Christophe2's picture

True, but some peeps are trying to have a real/serious discussion and it can be hard to change tracks in your mind...  Especially with all the trolls that abound, it can be tricky to tell the difference, as well (especially when someone replies sarcastically to a serious post).

Tue, 11/01/2011 - 09:11 | 1831606 Judge Holden
Judge Holden's picture

Does anyone else get the feeling that the Greeks are playing the suckers at the NYSE/LSE for fools and dropping rumors every time they want to make an insider trade?  They won't need a bailout at this rate.

Tue, 11/01/2011 - 09:13 | 1831624 Iriestx
Iriestx's picture

The S&P has priced in about 1000 points worth of 'EUROPE IS SAVED' over the last 12 months.  It's working pretty well.

Tue, 11/01/2011 - 09:03 | 1831505 wang (not verified)
wang's picture

it's a bird, it's a plane, it's an MQ9

Tue, 11/01/2011 - 09:07 | 1831563 PaperBear
PaperBear's picture

MQ9 ?

Tue, 11/01/2011 - 09:02 | 1831508 JSD
JSD's picture

TD; it don't get any better than this bud.

Tue, 11/01/2011 - 09:03 | 1831511 TooBearish
TooBearish's picture

The Health Minister?!!?!  Shades of AL Hiag...I'm in charge here....

Tue, 11/01/2011 - 09:12 | 1831620 NumberNone
NumberNone's picture

The Finance Minister is suffering stomach pains...

Tue, 11/01/2011 - 09:19 | 1831675 srsly-wtf
srsly-wtf's picture

"I have everything under control"

Tue, 11/01/2011 - 09:57 | 1831961 smithcreek
smithcreek's picture

Rumor is the Minister of Silly Walks if pro-referendum, so this could get ugly.

Tue, 11/01/2011 - 09:03 | 1831516 Irish66
Irish66's picture

Health Minister???????

Tue, 11/01/2011 - 09:09 | 1831576 cowdiddly
cowdiddly's picture

Well you have to admit the patient IS terminal.

Tue, 11/01/2011 - 09:12 | 1831610 HD
HD's picture

My words exactly.

Tue, 11/01/2011 - 09:12 | 1831615 EasterBunny
EasterBunny's picture

haha, i thought the same. So the words of the greek health minister are going to move global markets. This is crazy


Tue, 11/01/2011 - 09:31 | 1831772 bernorange
bernorange's picture

Yeah, you better listen to him if you know what's good for you.  /sarc

Tue, 11/01/2011 - 09:03 | 1831518 Quintus
Quintus's picture

Does the Greek Health Minister now outrank the Prime Minister?  

Interesting setup they have there.

Tue, 11/01/2011 - 09:06 | 1831546 Ethics Gradient
Ethics Gradient's picture

Probably not, however he probably knows a doctor that will declare the PM unfit for work.

Tue, 11/01/2011 - 09:26 | 1831733 stopcpdotcom
stopcpdotcom's picture

Or declare him dead.

Tue, 11/01/2011 - 09:07 | 1831553 JohnG
JohnG's picture

Regular checkups and sanitation are paramount where they "go greek."

Tue, 11/01/2011 - 09:09 | 1831587 ZackAttack
ZackAttack's picture

I think it must be like what happened in the US in 2008, where we learned that spending bills originate in the Treasury.  

Tue, 11/01/2011 - 09:28 | 1831750 HeNateMe
HeNateMe's picture

ZackAttack +6000!

Tue, 11/01/2011 - 09:30 | 1831766 plantigrade
plantigrade's picture

No but he gets to decide how the Finance Minister gets treated.

So ...

Tue, 11/01/2011 - 09:03 | 1831519 ZackAttack
ZackAttack's picture

Health minister? I guess they've got hemlocked into a position where he has to support the bankers.

Tue, 11/01/2011 - 09:05 | 1831521 Yamaha
Yamaha's picture

This now makes Hitler look very sane. I must go back and re-read history.

Tue, 11/01/2011 - 09:19 | 1831668 Vlad Tepid
Vlad Tepid's picture

He was also prescient for being one of the few German leaders who could resist getting in bed with Greece.  Mussolini pulled him into that bed and it didn't work out too well for anyone.  When will they learn?

Tue, 11/01/2011 - 09:03 | 1831524 Sequitur
Sequitur's picture

Who in the F is the health minister?

Tue, 11/01/2011 - 09:07 | 1831562 JSD
JSD's picture

You know...that guy...the one that said the referendum won't happen.  Surprise! It's G-Pap!!

Tue, 11/01/2011 - 09:03 | 1831525 Me XMan
Me XMan's picture

Health minister? Kick that dude to the curb! What power does this Health Minister got?

Tue, 11/01/2011 - 09:03 | 1831526 JenkinsLane
JenkinsLane's picture

This shit's gonna go on all day for starters.

Tue, 11/01/2011 - 09:04 | 1831530 Dr. Engali
Dr. Engali's picture

Too bad they don't have any oil we could invade them under the pretense of liberating the people. Maybe when we have a shortage of olives...

Tue, 11/01/2011 - 09:05 | 1831540 g
g's picture

ha ha ha that is great

Tue, 11/01/2011 - 09:15 | 1831635 Ted K
Ted K's picture

You'll need a Dick Cheney type into secretly sodomizing Greek boys on false charges in hidden prisons---otherwise, where is the fun for Republicans????

I'm googling "pedo cam" and "Lithuania real estate" as we speak, give me a holler at 15:00hours Dog.

Tue, 11/01/2011 - 09:19 | 1831666 jesse livermoore
jesse livermoore's picture

lol.....  all they really need to do is threaten to sell there olives on the market for gold instead of dollars............... 

Tue, 11/01/2011 - 09:32 | 1831780 plantigrade
plantigrade's picture

Olive oil ?


Tue, 11/01/2011 - 09:04 | 1831531 Vlad Tepid
Vlad Tepid's picture

It's a good thing Greece doesn't have oil...

Tue, 11/01/2011 - 09:06 | 1831548 philipat
philipat's picture

Actually they do. As in Olive oil?

Tue, 11/01/2011 - 09:08 | 1831568 Ethics Gradient
Ethics Gradient's picture

It can't be burnt in F16s. They're safe.

Tue, 11/01/2011 - 09:12 | 1831616 Max Hunter
Max Hunter's picture

Well.. We could still say they have WMD's .. and they are terrorists.. killing their people.. I'm not sure if they are brown enough though.. And they are not Muslims.. So it could be a tough sell..

Tue, 11/01/2011 - 09:22 | 1831691 Mitzibitzi
Mitzibitzi's picture

Actually, it could, if things got desperate enough.... You'd have to heat it to evaporate most of the water content, treat it with potassium hydroxide to restructure the molecule closer to fossil diesel, then 'wash' it with a little ethanol, but its perfectly possible to run an afterburning turbofan on biofuel.

We might all be doing it in a few years time, once the Gulf oil fields are all burning.

Tue, 11/01/2011 - 09:11 | 1831601 MsCreant
MsCreant's picture

Popeye would be soooo pissed. I bet they have spinach.

Tue, 11/01/2011 - 09:20 | 1831676 Vlad Tepid
Vlad Tepid's picture

Good one!

Tue, 11/01/2011 - 09:05 | 1831535 GeneMarchbanks
GeneMarchbanks's picture

Some bitch on CNBC: 'Ok, lets take a looka t defence stocks'

Tue, 11/01/2011 - 09:08 | 1831575 Gene8696
Gene8696's picture

Normally Hyper Cramer, now sits quietly as his asshole puckers....

Tue, 11/01/2011 - 09:12 | 1831614 MsCreant
MsCreant's picture

Crazy glue in the Preparation H. 

Tue, 11/01/2011 - 09:17 | 1831645 NumberNone
NumberNone's picture

Cramer typically loses the 'mad-man' act when the market tanks, in sympathy for the viewers losing their asses.  The hyper 'you gotta get in the game' Cramer is unwelcome during these times.

With that said he made his first defense of Corzine saying that there must be others that made the trades.  He worked with Corzine and knows him so there is no way he mingled the money.  Good job Jim..Gold Sachs blood brothers stick togehter. 

Tue, 11/01/2011 - 09:20 | 1831679 fizz
fizz's picture

Cramer fraud....blowing with the wind. Telling all his retail lemmings they had to be in this market as of Friday of last week....because there was "a floor under this market due to hedge funds/mutual funds chasing return before eoy". How they don't call him out on air about his bs is beyond me.

Tue, 11/01/2011 - 09:05 | 1831538 philipat
philipat's picture

The Greeks don't care, they screwed Germany for several hundred Billion already and can probably finesse even more. Sheeesh.....

Tue, 11/01/2011 - 09:05 | 1831539 CrimsonAvenger
CrimsonAvenger's picture

In a government cabinet, the health minister is about as useful as tits on a nun. How's he going to stop it: with a balanced breakfast?

Tue, 11/01/2011 - 09:05 | 1831541 mayhem_korner
mayhem_korner's picture



Armies are bullish.

Tue, 11/01/2011 - 09:05 | 1831542 littleguy
littleguy's picture

Venizelos is in hospital with stomach pains. Not kidding.

Tue, 11/01/2011 - 09:09 | 1831578 Quintus
Quintus's picture

With a stomach as big as his, that could be a LOT of pain.

Tue, 11/01/2011 - 09:05 | 1831543 MsCreant
MsCreant's picture

Gosh Mister Minister, why won't it happen? Not enough money to do the vote? G-Pap talking out his ass? 

How will the people REACT when, after they thought they were going to get to vote on it, the "Health Minister" says they won't?

Bad for the health of the Health Minister.

Tue, 11/01/2011 - 09:07 | 1831556 somethingelse
somethingelse's picture

just in....Minister for Culture and Tourism concurs with Health Minister that referendum will not happen.    

Tue, 11/01/2011 - 09:07 | 1831557 Mae Kadoodie
Mae Kadoodie's picture

The Health Minister will not administer the G-Pap schmears, thus no referendum.

Tue, 11/01/2011 - 09:08 | 1831566 lizzy36
lizzy36's picture

And cue the beginning of the greek civil war or military coup.

I wonder if the NBER dates a civil war much in the way is dates a recession.

Time stamping a military coup might be easier.

Tue, 11/01/2011 - 09:08 | 1831577 Dr. Engali
Dr. Engali's picture

Tyler turn on the back up servers. I don't want to miss a thing.

Tue, 11/01/2011 - 09:11 | 1831605 DormRoom
DormRoom's picture

IF servers go down, you can get your fix from his twitter feed.

Tue, 11/01/2011 - 09:10 | 1831593 Thucydides
Thucydides's picture

Dammit G-Pap I'm a doctor not a bulletproof vest!

Tue, 11/01/2011 - 09:10 | 1831594 Elorant
Elorant's picture

The health minister is a constitutionalist by profession (he used to be a university professor) and that's why he argues that a referendum cannot pass by these terms.

Tue, 11/01/2011 - 09:10 | 1831595 topcallingtroll
topcallingtroll's picture

If I were a euro loving german this would be the last straw.

It really looks like the euro experiment is over.

Tue, 11/01/2011 - 09:27 | 1831747 Mitzibitzi
Mitzibitzi's picture

Yeah. Wouldn't be surprised if several large vaults, strategically located in/near major urban areas, are currently being stacked - with Teutonic efficiency, of course - with packets of crisp new Deutschmarks.

Tue, 11/01/2011 - 09:11 | 1831603 Josh Randall
Josh Randall's picture

I heard Greece was going to be fun to watch today as Crater Face was threatening Kanicki, until Rizzo and Sandy showed up to help Danny and the rest of the T-Birds with his car....oh sorry, wrong Grease...

Tue, 11/01/2011 - 09:11 | 1831604 dereksatkinson
dereksatkinson's picture

He's going to lose the vote of confidence on Friday.  He's already lost his majority and the health minister is making that known.

Tue, 11/01/2011 - 09:11 | 1831607 Sequitur
Sequitur's picture

And on CNBC: Cramer defending Corzine, because Cramer "doesn't believe" Corzine was the "only" CEO with a Eurozone debt position.

Yeah, keep apologizing for Goldman, asshole.

Tue, 11/01/2011 - 09:16 | 1831651 Clueless Economist
Clueless Economist's picture

I dislike both Cramer AND Corzine

Tue, 11/01/2011 - 09:19 | 1831667 lizzy36
lizzy36's picture


Cramer also said Corzine wasn't a hack bc be was a politician and had been on cnbc plenty of times.

The circular reasoning and the irony in that single statment almost made my morning. But i am a complete dork.

Tue, 11/01/2011 - 10:01 | 1831987 unununium
unununium's picture

I wonder if he was the only CEO with a Eurozone debt position funded with his customer's money?


Tue, 11/01/2011 - 09:12 | 1831611 stant
stant's picture

go tell the spartans

Tue, 11/01/2011 - 09:15 | 1831629 Ghordius
Ghordius's picture

thou who passest by, That here, obedient to their laws, we lie.


different people, different laws, different times

Tue, 11/01/2011 - 09:49 | 1831631 Loose Caboose
Loose Caboose's picture

Pappy has got himself a coup d'etat.  The world is crackers.  But damn interesting.....

Tue, 11/01/2011 - 09:18 | 1831656 Zola
Zola's picture

This is when the masks fall and the little banker crony politicians will be exposed for all Greeks to see. People take note

Tue, 11/01/2011 - 09:18 | 1831662 Dr. No
Dr. No's picture

Choose your next words carefully, GPap. They may be your last as Prime Minister.

Tue, 11/01/2011 - 09:19 | 1831665 lunaticfringe
lunaticfringe's picture

Fuck D Creamy and Corzine. Just another felony fucker that this admin won't prosecute. Every POS banker on the planet knows Obama is bought and paid for well except for one sap.

Tue, 11/01/2011 - 09:43 | 1831863 Grand Supercycle
Grand Supercycle's picture

As mentioned for some time, the bullish USD weekly chart continues to exert it’s influence and according to my analysis this will continue.

DOW chart showing bearish megaphone pattern warned of resumption of downtrend:

Tue, 11/01/2011 - 11:52 | 1832602 Bicycle Repairman
Bicycle Repairman's picture

Referendum or no referendum, 'Yes' vote or 'No' vote, Army or no Army, the Greeks aren't paying.

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