Nigel Farage Batters Barroso But Noyer Self-Deludes On European Crisis Ending

Tyler Durden's picture




 

Juxtaposing the market's recent movements, Nigel Farage's 'when-not-if' perspective on the end of the Euro, Weidmann's concerns, and now ECB's Noyer stunning self-delusion that, as Bloomberg notes:

  • *NOYER SAYS STEPS TO EXIT EURO CRISIS BEGINNING TO BEAR FRUIT
  • *NOYER: BANK FUNDING, MONEY MARKET CONDITIONS ARE MUCH BETTER
  • *NOYER: RECENT EXCEPTIONAL STEPS LET BANKS, GOV'TS STRENGTHEN
  • *WEIDMANN: RENEGOTIATION OF AUSTERITY A 'BLOW TO CREDIBILITY'

is more than some can bear. As Mr.Farage notes, in the face of the rapidly deteriorating situation in Europe, Barroso and his colleague's ever-smiling perspective on the Euro, "look ridiculous". With Spanish yields over 6%, banks trading at near record high levels of funding costs, Italian risk elevating, political event risk becoming critical, and now macro data turning even worse perhaps Noyer's comments that "delaying fiscal consolidation may lead to greater risks" are spot on - and yet nation after nation rises-up votes to 'deny' austerity.

 

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Mon, 04/23/2012 - 13:53 | 2367601 Eireann go Brach
Eireann go Brach's picture

Bloody hell you are a rotten nincampoop Barruso, I would take my grannies knickers and strangle your tiny little head with them and jolly well hope you die!

Mon, 04/23/2012 - 14:07 | 2367702 Pladizow
Pladizow's picture

Politicians are like diapers, they need to be changed often and for the same reason!

Mon, 04/23/2012 - 16:47 | 2368358 Zero Govt
Zero Govt's picture

..and "democratic Govt" is like a sewer, total crap always going down hill

Mon, 04/23/2012 - 17:37 | 2368502 Belarusian Bull
Belarusian Bull's picture

Thank you sir, this will be my quote of the week.

Mon, 04/23/2012 - 22:34 | 2368963 l1xx3r
l1xx3r's picture

but also like diapers, we need to grow out of them...

Mon, 04/23/2012 - 20:35 | 2368816 philipat
philipat's picture

It's tragic that the only politicians who tell it like it is, Ron Paul and Farage are good examples, are not listened to by the masses, who are presumably too busy watching "Dancin' with Stars".

As the saying goes, "In a democracy, you get the Government you deserve".

Mon, 04/23/2012 - 21:38 | 2368902 Freewheelin Franklin
Freewheelin Franklin's picture

The Tyranny of a prince in an oligarchy is not so dangerous to the public welfare as the apathy of a citizen in a democracy.

- Montesquieu,
Spirit of the Laws.

Tue, 04/24/2012 - 14:20 | 2370729 Leopold B. Scotch
Leopold B. Scotch's picture

I'll take apathy of the masses over dangerous morons voting us into shackles....

Mon, 04/23/2012 - 13:45 | 2367607 mayhem_korner
mayhem_korner's picture

 

 

Let's hope they can hold it together long enough for the conclusion of the Spanish Primera season...

Mon, 04/23/2012 - 14:36 | 2367821 redpill
redpill's picture

And hopefully no major injuries, the players are worth more as bond collatoral when they're healthy.

Mon, 04/23/2012 - 13:45 | 2367611 navy62802
navy62802's picture

When you hear the words "And now we'll hear from Mr. Farage ..." you know it's gonna be good. Haha, this guy's got balls.

Mon, 04/23/2012 - 13:51 | 2367641 surf0766
surf0766's picture

clone him 1000 times and send them abroad to spread truth.

Mon, 04/23/2012 - 16:47 | 2368356 Bollixed
Bollixed's picture

We have room for 535 of those clones to replace the 535 clowns on this side of the pond...

Mon, 04/23/2012 - 13:58 | 2367671 GOSPLAN HERO
GOSPLAN HERO's picture

Mr. Farage is a statesman.

... and true statesmen are hard to find these days.

Mon, 04/23/2012 - 14:21 | 2367749 It is a bargin ...
It is a bargin my friend's picture

As much as i admire our Nige, he speaks the truth becuase he can afford too cos he has no power to effect thngs, give him a mandate and who knows, politicans......I'd shit em for breakfast

Mon, 04/23/2012 - 16:52 | 2368377 Zero Govt
Zero Govt's picture

our Nige would be no better than the rest of the miserable lot although he's got private skills so at least he's employable

we don't need leaders or representatives, we can do it ourselves without the rotten thieving clown show that is Govt

Mon, 04/23/2012 - 13:46 | 2367612 BlueCollaredOne
BlueCollaredOne's picture

I fucking love his tirades. 

He presents the truths that the rest of the crooks in that room know, but don't want anyone else to know. 

Mon, 04/23/2012 - 13:50 | 2367629 Bay of Pigs
Bay of Pigs's picture

Yes, but look at those stupid assholes laughing about it next to him.

WTF?

Mon, 04/23/2012 - 14:04 | 2367692 Manthong
Manthong's picture

I wonder if we could hook him up with Ann Barnhardt?

Mon, 04/23/2012 - 14:05 | 2367699 Treason Season
Treason Season's picture

First they ignore you, then they laugh at you, then they fight you , then you win.

Mon, 04/23/2012 - 14:18 | 2367761 Non Passaran
Non Passaran's picture

It's great to see them grinning. Fools. Years later we'll be able to show these records and ask "who is laughing now".
Also this material may be admitted in the court of law.

Mon, 04/23/2012 - 21:41 | 2368906 Stuck on Zero
Stuck on Zero's picture

Nigel talks about "spreads" in his rant.  How many of our Senators and Congress critters would understand what he's talking about?  Five, maybe ten?  Any bets?

Mon, 04/23/2012 - 16:05 | 2368183 Don Diego
Don Diego's picture

the ones that laugh are fewer and fewer than in his past interventions...

Mon, 04/23/2012 - 16:25 | 2368259 f16hoser
f16hoser's picture

Very True. Excellent observation.

Mon, 04/23/2012 - 19:11 | 2368678 smiler03
smiler03's picture

One of the sad things is that Barroso and his ilk will have solid gold pensions on top of their bloated salaries and expenses.

Or maybe, just maybe, their pensions will go down the same plughole as everybody elses?  I'm crossing my fingers and hoping.

Mon, 04/23/2012 - 13:48 | 2367619 LULZBank
LULZBank's picture

Nigel Farage gets bitch slapped by Phony Blair.

 

http://www.youtube.com/watch?v=DT--RnOYORI&feature=related

Mon, 04/23/2012 - 14:22 | 2367774 aleph0
aleph0's picture

LOL ... Blair says in reply ... "We get a Europe that is Unified"

ROTFLMA ... I'd say it was the other way 'round, Blair got bitch-slapped , to use your own words.

 

Mon, 04/23/2012 - 14:56 | 2367903 Shizzmoney
Shizzmoney's picture

Watching Blair's reply to Farage in 2005 made me think of this clip:

http://www.youtube.com/watch?v=5hfYJsQAhl0

I guess in the end, it was Farage who was right, triumphing *freedom* and *democracy* in Euro in order to save its union......and not the other way around.

Mon, 04/23/2012 - 19:23 | 2368698 smiler03
smiler03's picture

bliar (sic) is the Devil Incarnate and guilty of war crimes along with his buddy gwb. May bliar rot in his newly discovered catholic hell. He is the überasshole of brown the fascist thief. 

deliberate lower case for the lowest of low scum.

Mon, 04/23/2012 - 14:46 | 2367870 Rubicon
Rubicon's picture

Bliar!

Tue, 04/24/2012 - 05:16 | 2369225 Ar-Pharazôn
Ar-Pharazôn's picture

Mr. Farage is like Chuck Norris... you cant bitchslapping him....

Mon, 04/23/2012 - 13:49 | 2367625 ArrestBobRubin
ArrestBobRubin's picture

I want some of whatever Noyer's puffing on. Was he making these comments while in Amsterdam?

Mon, 04/23/2012 - 14:08 | 2367710 Dick Darlington
Dick Darlington's picture

In my books he won the "Mr denial of 2011" trophy and is among the serious candidates to win also this year. What a muppet!

Mon, 04/23/2012 - 13:49 | 2367626 mayhem_korner
mayhem_korner's picture

 

 

This is not important...CNBC running 4 straight stories on WalMart, so that must be important.

Mon, 04/23/2012 - 13:58 | 2367673 UP Forester
UP Forester's picture

Bring out the Fluffers!

Damn the torpedoes, BTFD!

Mon, 04/23/2012 - 13:50 | 2367628 midgetrannyporn
midgetrannyporn's picture

"fiscal consolidation" sounds like what we have in the usa. The maggots get all the money, the muppets get all the bills.

Mon, 04/23/2012 - 13:50 | 2367635 junkyardjack
junkyardjack's picture

The first step in a recovery is admitting you have a problem, bullish

Mon, 04/23/2012 - 13:53 | 2367647 slaughterer
slaughterer's picture

Farage will just incite Barossa to run to his office to get on the hotline to Draghi to get the ECB to save the Euro dream once again. 

Mon, 04/23/2012 - 14:38 | 2367830 ATM
ATM's picture

and this is the answer. The Euros as well as Americans Japanese Chinese Brazilians, Indians, Mexicans, Canadians, Australians....will all do the same thing. This is a race and it is to the bottom. Print Baby Print is the cry and it is all they can and all they will do.

The answer to declaring debts null and void, to paying off unpayable debts and all the other threats of massive debts is the same thing  - print.

So printing it will be.

Mon, 04/23/2012 - 19:29 | 2368710 smiler03
smiler03's picture

But who will default first? I'm hoping it's Greece, second guess Portugal, my 100 to 1 shot is Ireland. I'm talking about sovereign debt, not bank bailouts [Iceland]. 

Mon, 04/23/2012 - 13:50 | 2367636 SheepDog-One
SheepDog-One's picture

I vote for austerity for those like Noyer and Weidman and Von Rompuy, seize their assets and throw them all in jail.

Mon, 04/23/2012 - 17:02 | 2368412 ArrestBobRubin
ArrestBobRubin's picture

Yaaaa! I mean, Baaa!

Mon, 04/23/2012 - 13:51 | 2367638 Quinvarius
Quinvarius's picture

As soon as "confidence" becomes the buzzword to save the economy, you know you are screwed.  A ponzi scheme would also work if everyone had confidence.  Bank runs won't happen if everyone had confidence.

I have confidence in math.  It says great things about gold and bad things about the economy.

Mon, 04/23/2012 - 14:39 | 2367835 ATM
ATM's picture

I've made the same observations. When the Bernenke speaks of confidence in banks he knows exactly of what he speaks. It is all about confidence because that is all they have.

Mon, 04/23/2012 - 13:51 | 2367639 bank guy in Brussels
bank guy in Brussels's picture

Offbeat curious article about upcoming 'arrests' of the European Union Commissioners, and others...

Not saying one should believe this ... but it is cheerful, optimistic, fun reading ... predicting the shortly upcoming complete downfall of the Bankster Cabal and the 'New World Order' ... by various nations' military forces suddenly working together against the political rulers ...

« ... these arrests will include those at the very top of the pyramid including within organizations as powerful as can be found on the planet. These groups that will be targeted are: the Committee of 300; the Bilderberg group; the Council on Foreign Relations; the Club of Rome; the Trilateral Commission and the European Commission. »

'Are militaries around the world preparing for final take down of New World Order cabal?'

http://miraclesandinspiration.com/news_epic-paradigm-shift.html

Mon, 04/23/2012 - 13:54 | 2367651 SheepDog-One
SheepDog-One's picture

Sure hope so....if not we're pretty much fucked.

Mon, 04/23/2012 - 14:28 | 2367794 salvadordaly
salvadordaly's picture

WOW! Too good to be true. But if that was happening it would be uplifting to say the least. Nice read. THX.

Mon, 04/23/2012 - 19:32 | 2368720 smiler03
smiler03's picture

THX?!?  ;O)  Superb sound effect... http://www.youtube.com/watch?v=FWkJ86JqlPA

Tue, 04/24/2012 - 00:46 | 2369104 Deo vindice
Deo vindice's picture

bank guy - I wasted 3 minutes of my life on that silly link.

When I read the following I realized it was just one group trying for a NWO debunking another.

The Oneness University, out of southern India, and its leader Sri Bhagavan, are openly speculating that by the end of 2012, there will be 70,000 enlightened beings upon the Earth. This 70,000 is the critical mass number needed to shift the entire planet into a higher state of consciousness.

Hogwash.

Do NOT follow this link or you will be banned from the site!