Worst Case Scenario Is Here: Berlusconi Says Only Option Is Early Elections

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Tue, 11/08/2011 - 15:29 | 1857686 redpill
redpill's picture

Sto scherzando!

Tue, 11/08/2011 - 15:30 | 1857692 Careless Whisper
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The Careless Whisper Afternoon Update


Crosby & Nash To Perform Concert At OWS Zuccotti Park NYC Today 3 PM


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"Call Of Duty: Modern Warfare 3" Expected To Sell 6 Million Copies Today


Surprise Raid On Men's Acapulco Jail Finds Prostitutes, Pot, Big Screen TVs


VIDEO: It's The End Of Communist China As We Know It


VIDEO: Ron Paul Limited Edition Corvette, 100% Made In USA


Tue, 11/08/2011 - 15:34 | 1857725 ReallySparky
ReallySparky's picture

Re: Ron Paul Limited Edition...Just can't wait to see that at Bloomington Gold or an NCRS meet. 

Tue, 11/08/2011 - 17:36 | 1858224 TruthInSunshine
TruthInSunshine's picture

Here is Berlusconi's official statement:


I've led a long, incredibly corrupt and highly lucrative role in helping to sell out and destroy my native country, and selling it and its citizens out to the fractional reserve banksters arm of the House of the Red Shield (and I want to personally thank a great man, Carlmann Mayer von Rothschild, the fourth son of Mayer Rothschild, who came to Naples to see and conquer), essentially turning Italians and their present and future children and grandchildren into some of the most highly indebted and leveraged debt serfs.


Now, it is with great regret that I announce it is time for me to resign, as I would like to have more time, during the sunset of my life, to....did you think I would say spend more time with my family?




Now say hello to your next duly installed bankster puppet, my fellow Italians.


Bung-Bunga time for me, 24/7, bitchez! 'They' made me an offer I simply can't refuse.


-- Silvio 'Bunga-Bunga' Berlusconi

Tue, 11/08/2011 - 15:43 | 1857792 He_Who Carried ...
He_Who Carried The Sun's picture

There will be an election he can not win. Addio MF!

Tue, 11/08/2011 - 16:32 | 1858036 Black Forest
Black Forest's picture

Don't panic. In the end, it's completely uninteresting who runs the government in Italy. If Berlusconi fails, Italian people will return to traditional chaotic behaviour and change their government every six months or so. From left to right, from right to left, from left to right and so on -- as they did in the pre-EUR decades, before Berlusconi. No sign of any "stability" on the horizon.

Tue, 11/08/2011 - 17:03 | 1858180 He_Who Carried ...
He_Who Carried The Sun's picture

You've forgotten who will run the NEW Italy: Lagarde and Merkozy. This time IS different as the Greek and Portuguese can confirm ;-)

Tue, 11/08/2011 - 15:45 | 1857803 onelight
onelight's picture

Burlesqu-oni is doing the slow, taunting departure from the stage...don't wanna hear about the afterparty..

Tue, 11/08/2011 - 15:30 | 1857689 Fips_OnTheSpot
Fips_OnTheSpot's picture

Rumormill at 10,000rpm

Tue, 11/08/2011 - 15:35 | 1857729 GeneMarchbanks
GeneMarchbanks's picture

Someone tell the 'market'

Tue, 11/08/2011 - 15:36 | 1857740 Fips_OnTheSpot
Fips_OnTheSpot's picture

mark it rumor-to-market

Tue, 11/08/2011 - 15:40 | 1857773 Cdad
Cdad's picture

Sell it.  It very much looks like one BS rally too many, to me.

Tue, 11/08/2011 - 15:47 | 1857809 HelluvaEngineer
HelluvaEngineer's picture

Dunno, looks like all the humans have gone home.

Tue, 11/08/2011 - 15:51 | 1857825 SheepDog-One
SheepDog-One's picture

Yea exactly, dead empty. Only activity is stop losses getting slammed a few times per day now.

What a sick, broken market....thanks a lot Ben.

Tue, 11/08/2011 - 16:01 | 1857882 Manthong
Manthong's picture

Bullish .. it.


"U.S. stocks rose for a second day and the euro strengthened as Italy’s president said Prime Minister Silvio Berlusconi has agreed to resign,"


This is good for another post.

Wed, 11/09/2011 - 08:25 | 1860110 Cdad
Cdad's picture

Whose your daddy?

Serously, it is EXACTLY when all the humans have gone home, and the machines are rallying stocks on NOTHING that you sell.  Yes, you have to have the stones to hold over night, but the overnight pay days have been very, very good lately.

Don't fear the machines...use them...up until they start walking upright and firing pulse riffles.  Then you can fear them.

Tue, 11/08/2011 - 15:36 | 1857743 hambone
hambone's picture

Rumored rumor to arrive 3pm...rumor is markets are spiking in anticipation of said rumor.

Tue, 11/08/2011 - 15:38 | 1857757 onelight
onelight's picture

Yes Ham, that worked v well -- ES are now back up around the 200day .. sure they'll think of something next!

Tue, 11/08/2011 - 15:48 | 1857815 HelluvaEngineer
HelluvaEngineer's picture

Nah, they'll just push through a giant buy order at 3AM.

Tue, 11/08/2011 - 15:30 | 1857691 blu
blu's picture

I am resigning from being the only blue-shaded-bat-winged commentor on ZH.

No -- wait ... I now have to comment on that ...

Tue, 11/08/2011 - 15:30 | 1857695 Hippocratic Oaf
Hippocratic Oaf's picture

So, what was the typical 2pm news that sent the market into the green? I missed it.

Tue, 11/08/2011 - 15:30 | 1857697 Deadpool
Deadpool's picture

maybe rumors should only be run at 3pm EST to gun market at close.

Tue, 11/08/2011 - 15:31 | 1857702 Socrate
Socrate's picture

La mamma di Silvio !

Tue, 11/08/2011 - 15:31 | 1857704 Belarus
Belarus's picture

Who cares about all this shit. Just buy the DOW. You've got machines working for you, the Federal Reserve, and the government, and guys that know how to make money like Buffett and Grennblatt. 

Why fight it. Get it on the ride. Power hour is here!

Tue, 11/08/2011 - 15:36 | 1857744 alien-IQ
alien-IQ's picture

You sound like a street corner crack dealer recruiting a child to work for you.

Tue, 11/08/2011 - 16:01 | 1857884 rubearish10
rubearish10's picture

Fine, if it helps you sleep.

Tue, 11/08/2011 - 16:42 | 1858090 homersimpson
homersimpson's picture

Because the US taxpayer is tired of bailing your arrogant ass on really dumb bets that you really no control of.

Tue, 11/08/2011 - 15:31 | 1857705 Dick Darlington
Dick Darlington's picture

Equity land screaming "I can't hear Youuuuu, lalalalalaa!" What a fookin rigged game...

Tue, 11/08/2011 - 15:31 | 1857707 Instant Wealth
Instant Wealth's picture



Tue, 11/08/2011 - 15:34 | 1857727 blu
blu's picture

ding-ding-ding -- winner!

Tue, 11/08/2011 - 15:42 | 1857779 MsCreant
MsCreant's picture

-- weiner!

Tue, 11/08/2011 - 15:32 | 1857709 Dr. Engali
Dr. Engali's picture

Sheesh taking a page from Greece. Just let go Berlusconi. Like your Greek counter part you too will be replaced by a fed tool. So take what little balls you have left in that tiny scrotum and write your music.

Tue, 11/08/2011 - 15:32 | 1857712 Let them eat iPads
Let them eat iPads's picture

Meanwhile, 3 and 5 year bungabond yields surpass the 10 year.

Tue, 11/08/2011 - 15:32 | 1857713 IEVI
IEVI's picture

What comes after ludicrous speed? Whatever it is I think we've achieved it.

Tue, 11/08/2011 - 17:37 | 1858349 merizobeach
merizobeach's picture

That's a tough one...  Preposterous Speed!

Tue, 11/08/2011 - 15:32 | 1857714 daily bread
daily bread's picture

The gold shipment from JPM has not yet been loaded onto his private jet.

Tue, 11/08/2011 - 15:33 | 1857715 Stax Edwards
Stax Edwards's picture

Blue Horseshoe Bitchez!

Fight on G-Pap, ignore the smear campaign!

Tue, 11/08/2011 - 15:33 | 1857718 101 years and c...
101 years and counting's picture

so resignation pops the EUR and then refuting the resignation pops the eur.  love a good ponzi.



Tue, 11/08/2011 - 15:59 | 1857877 NOTW777
NOTW777's picture

MSM will report the second story at midnight

Tue, 11/08/2011 - 15:33 | 1857719 Vaiman
Vaiman's picture

What a bunch of fuckin morons!  They must all be inbred seriously!!!  The media is so desperate for any bullshit.

Tue, 11/08/2011 - 15:33 | 1857720 alien-IQ
alien-IQ's picture

"Act in Country's interest"

Now THAT'S fuckin funny!!!!

Tue, 11/08/2011 - 15:34 | 1857721 Belarus
Belarus's picture

hello 1,700's. Gold is back, again. thank goodness. All is well.

Tue, 11/08/2011 - 15:36 | 1857739 IEVI
IEVI's picture

What the hell happened there..are there margin hike rumors?

Tue, 11/08/2011 - 15:34 | 1857722 NaiLib
NaiLib's picture

Congrats to the US investors. Apparently none in the US know whats Italy is.

Tue, 11/08/2011 - 15:34 | 1857724 Global Hunter
Global Hunter's picture

Oh nlce an early headfake 3pm rumour

Tue, 11/08/2011 - 15:36 | 1857726 wang (not verified)
wang's picture

 Diane Swonk is an advisor to the Federal Reserve?


http://dyslexia.yale.edu/swonk.html  (makes snese )


Dick Bove and Doug Kass must be pissed 



Tue, 11/08/2011 - 15:35 | 1857732 chump666
chump666's picture

and these panic meltups!!! now moving into danger overbought ranges.  smells like rogue momo trading.  someone is going to be slaughtered on the dowside panic sell off soon.

Tue, 11/08/2011 - 15:35 | 1857733 vote_libertaria...
vote_libertarian_party's picture

So stocks jumped 1/2 % on his resigning.


Now they go higher because he is NOT resigning.


Yepper, makes perfect sense.

Tue, 11/08/2011 - 15:37 | 1857752 SheepDog-One
SheepDog-One's picture

Anything to trip all those stop losses.

Tue, 11/08/2011 - 15:44 | 1857797 Dick Darlington
Dick Darlington's picture

Look at bund future, almost 100 tick move down. On this! Uh huh...

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