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Obama Requests Europe Bail Out His Reelection

Tyler Durden's picture




 

Color us unsurprised; but the UK's Independent is reporting that American officials are worried that if the Troika decides Greece has not done enough to meet its deficit targets, it will withhold the money - triggering Greece's exit from the eurozone weeks before the presidential election. British government sources have suggested the Obama administration is urging eurozone Governments to hold off from taking any drastic action before then - fearing the resulting market destabilization could damage President Obama's re-election prospects. The Troika are expected to report in time for an 8 October meeting of eurozone finance ministers which will decide on whether to disburse Greece's next EUR31bn aid tranche, promised under the terms of the bailout for the country. European leaders are thought to be sympathetic to the Obama lobbying, fearing that, under pressure from his party in Congress, Mitt Romney would be a more isolationist president than Mr Obama. So once again GRExit is assured economically; but it is an entirely political decision.

 

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Fri, 08/24/2012 - 08:26 | 2733178 Doubleguns
Doubleguns's picture

wonder if he will take the bust back now.

Fri, 08/24/2012 - 08:33 | 2733184 GetZeeGold
GetZeeGold's picture

 

 

A crazy twist.....we usually save the Europeans.

 

Who needs a bust of Winston when we've got a President who killed Osama with his bare hands?

 

Fri, 08/24/2012 - 08:35 | 2733218 TIMBEEER
TIMBEEER's picture

Perhaps Obama should send an envoy to Mars? The Martian algae surely qualifies for intelligent life, so perhaps we could get some collateral / guarantees from them? I don't think the regulators will mind..

Fri, 08/24/2012 - 08:47 | 2733258 GetZeeGold
GetZeeGold's picture

 

 

I did see that.....if true, that would be a tad disturbing.

 

No worries.....he has the kiss-ass generals.......we still have control of the real guns however.

 

Fri, 08/24/2012 - 08:59 | 2733313 Dalago
Dalago's picture

I hope the American's revolt by then.

Fri, 08/24/2012 - 10:04 | 2733602 krispkritter
krispkritter's picture

I'm revolting already...

Fri, 08/24/2012 - 10:06 | 2733609 Dick Gazinia
Dick Gazinia's picture

Call me paranoid but I have noticed that I can find nobody who supports Obummer even my 83 year old mother who has voted democrat since Truman.  The national media keeps showing polls as dead even.  WTF

 

Maybe it is so when those votes are counted in Spain and the TOTUS ends up a winner it wont be so unbielevable.

Fri, 08/24/2012 - 10:36 | 2733779 Debeachesand Je...
Debeachesand Jerseyshores's picture

My FDR/Great Depression raised Mother,who voted straight Democrat ticket all her life,told me she voted for Richard M Nixon because McGovern was a "asshole".

Fri, 08/24/2012 - 08:48 | 2733252 GetZeeGold
GetZeeGold's picture

 

 

Perhaps Obama should send an envoy to Mars?

 

If Obama would send the regulators to Mars.....he would totally get my vote....cause that would be hope AND change.

 

Fri, 08/24/2012 - 08:44 | 2733248 eurogold
eurogold's picture

"A crazy twist.....we usually save the Europeans"

You must be joking......

Fri, 08/24/2012 - 08:51 | 2733276 GetZeeGold
GetZeeGold's picture

 

 

Goes to show you can graduate high school in Europe and not have to take a single history class.

 

That whole Normandy thing was a hoax.

 

Here's your trophy....go straight to the head of the line.

 

 

Fri, 08/24/2012 - 09:47 | 2733512 eurogold
eurogold's picture

you obviously have no clue about history or the European education system if you are basing your argument with "Normandy".

Maybe it is the lack of education, lack of historical understanding ( on your part ) which forced you to use the pathetic "Normandy" number in the first place.

Fri, 08/24/2012 - 08:59 | 2733311 caimen garou
caimen garou's picture

he did'nt use his hands, he gave osama the stink eye

Fri, 08/24/2012 - 09:12 | 2733372 Mitch Comestein
Mitch Comestein's picture

The bust had to be removed to make room on the shelf for O's peace prize and the scalp of Osama.

Fri, 08/24/2012 - 11:03 | 2733883 DCFusor
DCFusor's picture

Who needs a bust of Winston when we've got a President who killed Osama with his bare hands?

 

He didn't build that.

Fri, 08/24/2012 - 09:16 | 2733390 d edwards
d edwards's picture

Yeah, and he doesn't want Israel to take out Iran's nuke facilities, etc. etc. The whole f-ing world revolves around this turd don't cha know?

Fri, 08/24/2012 - 08:31 | 2733185 LawsofPhysics
LawsofPhysics's picture

Seriously, the greek people have left the Euro already. Will the banks demand that the circle jerk continues?  Of course they will.  Non-news.

With respect to the elections in the U.S., how will replacing one bank puppet with another make any difference?

Stupid fucking sheep.

Fri, 08/24/2012 - 08:35 | 2733215 Haager
Haager's picture

"They", as I would say the greek voters, have not abandoned the Euro. They took everything they could get out of it like any good vampire nowadays does. Maybe they try to get more milk, either from Europe or from US-investors now, and I hope that this doesn't work out.

All that hasn't been possible if they voted for Syriza instead.

Fri, 08/24/2012 - 08:29 | 2733187 francis_sawyer
francis_sawyer's picture

Can we dance wif yo dates?

Fri, 08/24/2012 - 08:30 | 2733192 buzzsaw99
buzzsaw99's picture

If I were you I'd be...

Fri, 08/24/2012 - 08:31 | 2733199 LawsofPhysics
LawsofPhysics's picture

....leaving.  What a wonderful idea!

Fri, 08/24/2012 - 08:29 | 2733189 JailBank
JailBank's picture

Worried market destabilization could damage President Obama's re-election prospects? Wow with no concern aboutall the other policies he put in place?

Fri, 08/24/2012 - 08:31 | 2733194 TIMBEEER
TIMBEEER's picture

Perhaps we could nomitate the Kenyan president for the Nobel Prize? That would surely divert the attention. No, wait .. he already got the Peace Prize. What about the Chemistry or the Literature Prize?

Fri, 08/24/2012 - 08:31 | 2733197 Fantasy Planet
Fantasy Planet's picture

Kick that can!  Kick that can!

Fri, 08/24/2012 - 08:38 | 2733227 financial apoca...
financial apocalyptic contagion's picture

thats what financial apocalyptic contagion is all abt

Fri, 08/24/2012 - 08:51 | 2733277 GolfHatesMe
GolfHatesMe's picture

KTFC

Fri, 08/24/2012 - 08:31 | 2733200 mrktwtch2
mrktwtch2's picture

dont worry boys mister bo jangles will get his walking papers..then we can say been there and done that..

Fri, 08/24/2012 - 08:34 | 2733212 LawsofPhysics
LawsofPhysics's picture

...to be replaced with another puppet from the banking/financial class.  "Winning".

Fri, 08/24/2012 - 08:33 | 2733205 Jlmadyson
Jlmadyson's picture

September is going to be oh so fun. Can Greece even make October, and it would seem Merkel and friends have had enough on that front.

Spain? Banks borrowing INCREDIBLE amounts of money. 3/4 of a US TARP every single month.

Italy? Hiding oh so well....for now.

What Euro banks needed $14 billion in fed dollar swaps last week? Collateral is a B.

Perfect storm is an understatement this fall not to even mention all the fun stuff coming for the US.

Fri, 08/24/2012 - 08:33 | 2733209 new game
new game's picture

ok, nothing new here(again), but the question still remains: do the PTB want a guard change?

I think all is ok at the command center and o da puppet still ok for now...

 

Fri, 08/24/2012 - 08:40 | 2733236 financial apoca...
financial apocalyptic contagion's picture

"lets keep the black guy in office to keep the liberals happy"

Fri, 08/24/2012 - 09:11 | 2733368 GetZeeGold
GetZeeGold's picture

 

 

We would....but Cain called it quits.

 

Fri, 08/24/2012 - 09:46 | 2733457 ThisIsBob
ThisIsBob's picture

I would think that Obama and his little punk, Holder, have set back affirmative action at least a couple of generations.

Fri, 08/24/2012 - 11:29 | 2733986 Winston Churchill
Winston Churchill's picture

Centuries actually.

Fri, 08/24/2012 - 08:37 | 2733216 piliage
piliage's picture

Don't worry, according to Junker and Merkel it's only an issue of restoring Greek credibility at this point...

Fri, 08/24/2012 - 08:35 | 2733217 blueRidgeBoy
blueRidgeBoy's picture

so just to be clear, the Eurpoeans fear us when we're isolationists, and they fear us when we're interventionists...

Fri, 08/24/2012 - 08:47 | 2733260 piliage
piliage's picture

Sure. That is how Schroeder and Chriac got reelected, always blame the yanks for everything. It's a sure vote getter Europe, particularly when the media are owned, literally, by the government.

Made 300 Billion in bad loans to Greece? It's America's fault.

20% of your population retires with full pension at 55 years of age? It's America's fault that you can't pay it.

See how it works?

 

 

Fri, 08/24/2012 - 11:06 | 2733892 Vooter
Vooter's picture

Exactly, moron. They FEAR us, period. They fear us because we are a nation of ignorant, TV-addicted Christian scumbags who happen to be armed to the teeth with millions of tons of nuclear weaponry and other military hardware. In other words, we're TERRORISTS--we strike terror into the heart of the rest of the world. Now, since you're a resident of the Blue Ridge Mountains in Virginia, I'm sure that this makes you happier than the pig you were fucking in the ass last night, but the rest of us now have to live with and/or clean up the fucking mess that you subhumans have created.

Fri, 08/24/2012 - 13:11 | 2734309 TPTB_r_TBTF
TPTB_r_TBTF's picture

They fear the USA's Military Industrial Complex, they "respect" the World's largest Navy, and they fear for their own lack of air superiority.

Fri, 08/24/2012 - 08:42 | 2733241 eigenvalue
eigenvalue's picture

Will Obummer be re-elected given the high unemployment rate? As far as I know, no one got re-elected where there was a high unemployment rate. If Obummer is doomed, why should the Europeans delay the decision and irk Romney, the next POTUS?

Fri, 08/24/2012 - 13:14 | 2734330 TPTB_r_TBTF
TPTB_r_TBTF's picture

Question 1: It's "different" this time.  This time the jobless have SNAP and EBT cards.

Question 2: The Europeans donT like the Republican Party period.

Fri, 08/24/2012 - 08:43 | 2733244 Croatian Patriot
Croatian Patriot's picture

First elections in America then barbecue in Europe

Fri, 08/24/2012 - 08:47 | 2733262 eigenvalue
eigenvalue's picture

You are from Croatia? If Europe enjoys a barbecue, Croatia will also be on the skewer.

Fri, 08/24/2012 - 08:44 | 2733251 zilverreiger
zilverreiger's picture

Maybe obama can use some of his election campaign billions to keep greece afloat, couple of palets of your delicious GMO corn and soy for the natives.

Fri, 08/24/2012 - 08:45 | 2733255 lizzy36
lizzy36's picture

Remember when MSM said "greece doesn't matter" that was fun. Now Yank fucking election is dependent on them staying on the good size of the EU for another 3 months.

Fri, 08/24/2012 - 08:46 | 2733259 timbo_em
timbo_em's picture

The Obama and his friend Timmy just have to wire some extra fiat to refill the handbag of that French lady at the IMF and get those sceptics from Brazil, India, Mexico, etc. in line to continue supporting Greece with worthless paper. Maybe Obama's other friend Beardfac√© can also offer some help?

Fri, 08/24/2012 - 08:53 | 2733269 buzzsaw99
buzzsaw99's picture

wrong thread

Fri, 08/24/2012 - 09:03 | 2733335 caimen garou
caimen garou's picture

do not make me look bad, do not start a war, and do not seek the treasure! the requester of the US

Fri, 08/24/2012 - 09:14 | 2733382 harrod
harrod's picture

Sorry President Obama, you already lost the power brokers in Europe with your policy to favor their enemies. Your demise was sealed in May. See http://ronharrod.com/2012/07/politics/romney-defeats-obama/ .

Fri, 08/24/2012 - 10:04 | 2733465 intric8
intric8's picture

I'm switching to Romney, for good or ill. Once you go Barrack...

Obama needs to substitute "too much XBOX" in THIS CHART with " too much sucking up to special interest groups". That's why his presidency failed

Fri, 08/24/2012 - 09:44 | 2733498 Chump
Chump's picture

It never occurs to these assholes to just go home.  Stop saving us.  Go play horseshoes or diddle yourself or take a walk.  Anything.  Just fuck off already and leave us alone.

Fri, 08/24/2012 - 10:01 | 2733585 jomama
jomama's picture

this situation is like having to take a massive shit and holding it as long as you can, with super stinky farts being released because of it.

Fri, 08/24/2012 - 10:16 | 2733672 Dareconomics
Dareconomics's picture

Eurocrisis pundits focus on economic and financial considerations when considering a Grexit, but all considerations pale before the political ones. For political reasons, Greece will remain in the euro. That does not mean that another country will not leave precipitating a euro break-up, but it will not be Greece. These are the reasons:

Read more here:

http://dareconomics.wordpress.com/2012/08/24/bailing-out-greece-is-a-pol...

Fri, 08/24/2012 - 10:25 | 2733733 toomanyfakecons...
toomanyfakeconservatives's picture

I don't see the election happening... instead, I see MASS ARRESTS, swift public trials for the traitors to the Constitution, the return of real money, and the resotration of the Constitution... http://tinyurl.com/cd5cyjo/

 

The military's candidate, and the people's candidate, Ron Paul may just be called upon to serve as President temporarily until legitimate elections can be held.

Fri, 08/24/2012 - 10:48 | 2733820 HardAssets
HardAssets's picture

TPTB have already placed their bets on their next paid-off-puppet. (Big bank contributions to Romnoid 5-6x greater than to O. They put their money on O. last election.)

O moved their bankster agenda as far forward as possible. Time to change horses.

The people will go for it . . . . again.

Fri, 08/24/2012 - 10:57 | 2733859 Vooter
Vooter's picture

If you don't vote third party, YOU'RE PART OF THE PROBLEM. Why is that so confusing for so many people? These elections are nothing but ridiculous theater--complete MAKE-BELIEVE designed for lazy, gullible, TV-addicted subhumans--and if you have even one brain cell and 1/64th of an inch of spine, you should want nothing more than to fuck up this system as much as possible, at every turn. Sure, you can just not vote, but why not have some fun and just vote for some random asshole instead? As I've mentioned before, if you vote for a Democrat or a Republican, you are an ASSHOLE.

Fri, 08/24/2012 - 11:18 | 2733942 Bow Tie
Bow Tie's picture

the obama and romney election is a total non-story for america's prospects.

but obama will win. won't matter.

Fri, 08/24/2012 - 11:21 | 2733954 supermaxedout
supermaxedout's picture

OO OO  Mr. Juncker did not work well for the banks. This is bad for the banks. Its bad for Luxembourg which is a fucking banksters place just like the City of London and New York.

The Europeans are letting Greece go bust and then the banks are in deep shit. Bernake, Obammer, Bilderbergers, Cameron crank up the printing press the banks need money.

Otherwise .........

Fri, 08/24/2012 - 12:30 | 2734192 TWSceptic
TWSceptic's picture

I'm sure socialist and corrupt Europe will be glad to help out their corrupt comrades in the US. In exchange for a small reciprocal service of course.

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