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Quarto Reich: Italy Goes "There" Again

Tyler Durden's picture


Just because Italy's 2 Year bond yield has plunged, bringing its cost of short term funding to manageable levels, if only for a day or two, it is suddenly "obvious" that it will not need Germany's goodwill ever again. Sure enough...

The Daily Mail explains:

An Italian newspaper owned by former prime minister Silvio Berlusconi has caused controversy by printing a front page headline which said 'Fourth Reich' above a picture of German chancellor Angela Merkel.


The picture in newspaper Il Giornale also showed Chancellor Merkel raising her right arm in salute, a gesture associated with the Nazi salute used by Hitler's followers.


The article, which was published on Friday, has heightened a bitter war of words between Italy and Germany over the handling of the ongoing Euro crisis.


The angry article attacked tough talking Chancellor Merkel saying that her intransigence had brought 'us and Europe to its knees' adding that 'Italy is no longer in Europe but in the Fourth Reich.'


It went on to say: 'In the First Reich, Germany also wanted the title Emperor of Rome and in the next two they used their own means again against the states of Europe, two world wars and millions of dead, obviously this was not enough to quieten German egomania.


'Once again it has surfaced but this time not with the use of cannon, this time it's the Euro.


'The Germans believe it's theirs and we have to submit, surrender, hand ourselves over to the new Kaiser Angela Merkel who wants to rule in our own house.'


It is not the first time that Il Giornale has been at the centre of controversy with Germany - two months ago after Italy beat Germany in the Euro 2012 semi final they printed a picture of Chancellor Merkel below the headline: 'Ciao, ciao culona' which translates as 'Bye bye lard arse.'

Or, in retrospect, Berlusconi attempting to antagonize Germany and in the process foundering Monti's cabinet as Merkel joins Weidmann in just saying Nein, is not the worst strategy available to the former PM whose own tenure was cut short when the ECB refused to bail Italy out last November, stopped buying Italian bonds, forcing his resignation once Italian bonds hits 7%, and replacing him with a Goldman apparatchik.

Revenge just may be a dish served best cold all over again.


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Mon, 08/06/2012 - 13:52 | 2682197 veyron
veyron's picture

Hours behind Fox Business on this one ...

Mon, 08/06/2012 - 13:55 | 2682211 Concentrated po...
Concentrated power has always been the enemy of liberty.'s picture

Nazi bitches!

Mon, 08/06/2012 - 13:56 | 2682219 Rubicon
Rubicon's picture

Hilters technique was better.

Mon, 08/06/2012 - 14:03 | 2682241 Temporis
Temporis's picture

I thought Italy was allies with the Nazi's during WWII...

doesn't this make them hypocrites?

Mon, 08/06/2012 - 14:03 | 2682265 Sandmann
Sandmann's picture

just forgetful....

Mon, 08/06/2012 - 14:09 | 2682287 insanelysane
insanelysane's picture

Italy is lucky there is a France because they surrender almost as fast as the French but not quite.

Mon, 08/06/2012 - 15:22 | 2682526 Sudden Debt
Sudden Debt's picture

at least the French run away... the Italians even give up on running away....

Mon, 08/06/2012 - 16:07 | 2682672 redpill
redpill's picture

Y U No come to our bunga bunga parties anymore, Snaushage Eaterz!?

Mon, 08/06/2012 - 16:32 | 2682760 MillionDollarBoner_
MillionDollarBoner_'s picture

Everyone knows Italian tanks have five reverse gears and one forward.

The forward gear is in case the enemy attack from the rear ;o)

Mon, 08/06/2012 - 16:38 | 2682775 engineertheeconomy
engineertheeconomy's picture

Italian Tanks are built almost as good as a YUGO

Mon, 08/06/2012 - 17:05 | 2682865 MillionDollarBoner_
MillionDollarBoner_'s picture

Ironically...did you know:

The Fiat-Ansaldo M13/40 was an Italian World War II tank designed to replace the Fiat L3, the Fiat L6/40 and the Fiat M11/39 in the Italian Army at the start of World War II.


Zastava was founded as an arms manufacturer in 1853. By the late 1930s the company had expanded into automobile production. The first passenger models were produced on 26 August 1953 using designs licensed by Fiat of Turin. The first model designed by Zastava was a sedan called the Milletrecento ("one thousand three hundred") powered by a 1300 cc engine. Some of the most successful models were those based on the Fiat 128 model, marketed under different names: Zastava 101, Zastava 128, Zastava 311, Zastava Skala, etc.


the Crvena Zastava factory which used to make Yugo cars in the former Yugoslavia had been sold to Italian automobile magnate Fiat. That's where the new Fiat 500L is being made.

What goes around, comes around ;o)

Mon, 08/06/2012 - 17:49 | 2682957 The Big Ching-aso
The Big Ching-aso's picture



This is Italian revenge 4 all those pasty Bavarian fat phucks in Speedos marooned on their beaches.

Mon, 08/06/2012 - 20:33 | 2683263 noses
noses's picture

FIAT - For Italian Appropriate Technology

Mon, 08/06/2012 - 14:08 | 2682282 magpie
magpie's picture

I hope the Greeks and Spaniards don't forget to ask for reparations.

Mon, 08/06/2012 - 14:23 | 2682337 Azannoth
Azannoth's picture

In fact the Allies(especially the Russians) commited more war crimes in reality than the Nazi's 'on paper' netherless everybody wants to paint them selves on the 'right-side' of history

Mon, 08/06/2012 - 14:40 | 2682399 john39
john39's picture

come on, firebombing japaenese cities to terrorize the population... followed by nuking two cities of no particular military significance?  that was all done to save lives, or something...  /s

Mon, 08/06/2012 - 15:30 | 2682553 MarsInScorpio
MarsInScorpio's picture



Gawd, you are one ignorant fool.


We faced an enemy which held the Emperor up as a god; there was no surrender for them. Years after the war ended, there were still Jap soldiers coming out of the jungle ready to kill.



The only way that the war could be ended with less than house-to-house fighting, which would have been incredibly more bloody than anything that was done instead, was to literally put the prospect of completely wiping the Japanese from the face of the Earth using technology instead of humans as their fate.


This had to be put directly into the face of the Emperor - the only Jap who had the power to pull the plug on the warlords running the country.


The truth is that using firestorms and atom bombs saved most of the island's infrastructure - and its people. Imagine rebuilding Japan if it had been turned into a mass of ruble from conventional bombing, artillery attacks, and formations of soldiers blowing up everything in front of them to get the Jap soldiers and civilians who were prepared to die for the Emperor rather than surrender.


You are probably one of those ignorant fools who thinks that it was possible to somehow defeat the Japs without resort to such techniques. You are probably ignorant as a stick about the complete animalism demonstrated by the Japs to those they conquered. They butchered everyone they defeated - they made the Nazis look like choirboys in comparison.


The Rape of Nanking, the Bataan Death March, the use of Koreans and Chinese for the Japanese version of Dr. Mengele - only the atrocities multiplied by 100, the Death Camps that rivaled the Gas Chambers for genocidal horror, the beheadings of captured British troops . . . you are such a fool to not recognize that the Japs were less than animals in their conduct.


And where do you think the cultural of the Kimikaze came from? Are you so ignorant that you can't see that any nation willing to enthusiastically send its people on suicide missions as an "acceptable strategic option" demonstrates you are dealing with a country with no regard for death - whether it be the death of others, or the death of their own?


So do you think you were going to politely ask them to surrender? The warlords knew they were marked for death as war criminals. They had nothing to lose by having every other Jap on the face of the planet die in an effort to save their own life. And that is exactly what they planned to do - revisionist fiascoes of history notwithstanding.


So what do you do, ignorant one?


The US did what it had to do to save millions of lives - those of our own troops, and the citizens of Japan who were nothing but human fodder to the warlords.


The Japs have never paid for their crimes as have the Germans. To this day they skip over their disgusting history. To this day they do not feel the need to apologize for what they did - because, for political reasons - they have never been held accountable as they should.


You are typical of the idiots who know nothing of history, but shoot off their mouth anyway in a sick attempt to be "sophisticated" and witty.


You are neither.


Mon, 08/06/2012 - 15:57 | 2682611 Cyrano de Bivouac
Cyrano de Bivouac's picture

We(the USA) could have easily found a less lethal way of ending the war. The Japanese were trying through diplomatic channels to end hostiliites so why couldn't we play along? The allied cause which was always depicted as being motivated by the noblest motives and behavior culminated in the massacre of over a 100,000 people. I can think of one way we could have avoided the atomic attacks, find a deserted island and drop the bomb on it with some Japanese miltitary officers in attendence. It would be worth a try wouldn't it? 

Mon, 08/06/2012 - 16:13 | 2682696 MarsInScorpio
MarsInScorpio's picture



I've also read the revisionist history.


The truth is that only the warlords running the country could surrender - outside of the Emperor. Only he had the power to deprive them of their power.


People in the West can't grasp the oriental culture of death - even though we are getting a taste of it from the serial mass murderers of the Islamic jihadists. I remember my father telling me about the way that when he served in the south Pacific (legitimate Purple Heart recipient for having his shipped bombed out from under him) - that when they attempted to pick up survivors from a sunken - or sinking - ship, the Japanese would literally drown themselves rather than be rescued.


That mentality is incomprehensible to us.


I went to Wikipedia to add something to my prior post to John39 about the Rape of Nanking. For whatever reason I tripped some filter and ZH won't let me edit it. I'm going to use this reply to put it in everyone's face so they can grasp the brutality of the Imperial Japanese Army we faced:


"On 10 February 1938, Legation Secretary of the German Embassy, Rosen, wrote to his Foreign Ministry about a film made in December by Reverend John Magee to recommend its purchase. Here is an excerpt from his letter and a description of some of its shots, kept in the Political Archives of the Foreign Ministry in Berlin.

"During the Japanese reign of terror in Nanking – which, by the way, continues to this day to a considerable degree – the Reverend John Magee, a member of the American Episcopal Church Mission who has been here for almost a quarter of a century, took motion pictures that eloquently bear witness to the atrocities committed by the Japanese .... One will have to wait and see whether the highest officers in the Japanese army succeed, as they have indicated, in stopping the activities of their troops, which continue even today. 

"On December 13, about 30 soldiers came to a Chinese house at #5 Hsing Lu Koo in the southeastern part of Nanking, and demanded entrance. The door was open by the landlord, a Mohammedan named Ha. They killed him immediately with a revolver and also Mrs. Ha, who knelt before them after Ha's death, begging them not to kill anyone else. Mrs. Ha asked them why they killed her husband and they shot her. Mrs. Hsia was dragged out from under a table in the guest hall where she had tried to hide with her 1 year old baby. After being stripped and raped by one or more men, she was bayoneted in the chest, and then had a bottle thrust into her vagina. The baby was killed with a bayonet. Some soldiers then went to the next room, where Mrs. Hsia's parents, aged 76 and 74, and her two daughters aged 16 and 14. They were about to rape the girls when the grandmother tried to protect them. The soldiers killed her with a revolver. The grandfather grasped the body of his wife and was killed. The two girls were then stripped, the elder being raped by 2–3 men, and the younger by 3. The older girl was stabbed afterwards and a cane was rammed in her vagina. The younger girl was bayoneted also but was spared the horrible treatment that had been meted out to her sister and mother. The soldiers then bayoneted another sister of between 7–8, who was also in the room. The last murders in the house were of Ha's two children, aged 4 and 2 respectively. The older was bayoneted and the younger split down through the head with a sword."


The Japanese took out as many as 300,000 people. The fact that it turned the stomach of even the German Nazi in-charge in Nanking should tell you something about just how animal the Japanese became.


That is what we were up against. OK, 100,000 people died in the bombings. How many would have died on both sides if we had gone house-to-house to conquer the island?


So no, I don't buy the revisionist history that if we had set off the bomb, the Japanese warlords would have surrendered.


Why? Because they saw its destruction not once, but twice! And they didn't surrender.


No, the Emperor surrendered. Not the warlords.


It would be good to keep that in mind when considering whether showing them the bomb elsewhere would have made them surrender, when seeing its effects on their own country did nothing to move them.


Mon, 08/06/2012 - 16:21 | 2682712 Coast Watcher
Coast Watcher's picture

Are you really so ignorant of history as to have such a simplistic notion of the Japanese psyche before and during WWII? When it comes to dying for a cause, the Japanese of the war make today's suicude bombers look like pikers. They invented the Banzai charge  not to kill the enemy but to die gloriously for their God Emperor.

Mon, 08/06/2012 - 16:27 | 2682744 MarsInScorpio
MarsInScorpio's picture



You taking to me? That is my entire point - they were the ultimate fanatic, and were not about to surrender regardless of what weapons we possessed or what destructions rained down on them.


We are fortunate the Emperor had some sense. Ultimately, I think that is the only reason MacArthur allowed him and his family to live.


Mon, 08/06/2012 - 16:30 | 2682754 Coast Watcher
Coast Watcher's picture

Mars, no, not you.  We posted at the same time, apparently. I actually agree with most of what you've said. I'm talking to the starry-eyed pseudo historian who thinks the Japanese would have surrendered if we had demo'd the Bomb on some empty atoll.

Tue, 08/07/2012 - 05:10 | 2684010 Element
Element's picture

OMG, I just realised how fucking sick and tired I am of idiotic selective expert mass debates about the end of world War II.

Mon, 08/06/2012 - 16:03 | 2682652 john39
john39's picture

good work on memorizing the propagandized cartoon version of history.  your overlords are very proud...   btw, the "jap" emperor  was just a puppet...   as knowledgeable as you claim to be, I would have thought you would have know that.

Mon, 08/06/2012 - 16:23 | 2682727 MarsInScorpio
MarsInScorpio's picture



You continue your idiotic remarks.


If he was a puppet, how then did he strip the warlords of their power? Puppets - by definition - don't tell the puppet master what to do. Yours is an incredibly idiotic remark.


Then to throw in some trash remark about my "overlords" - OK, you win the whack job award for this thread.


Go read about the atrocities I noted - or are you a "Denialist" too? The Japanese atrocities never happened, the Holocaust never happened, it's all a Zionist plot, blah, blah, blah, insanity, insanity, and more insanity from your ilk.


I have a life to live. Goodbye.


Mon, 08/06/2012 - 16:32 | 2682761 john39
john39's picture

japenese women and children living in hiroshima committed the Nanjing massacre?  wow, news to me, thanks for pointing that out.   I lived in Nanjing and somehow managed to miss that bit of history...    I guess then that the vietnamese should have nuked Chicago to address the injustice of the My Lai massacre in your view?  great logic man.  

Tue, 08/07/2012 - 05:14 | 2684012 Element
Element's picture

You're arguing with a morbid zombie-troll john, head-shot it and move on. ;)

Mon, 08/06/2012 - 21:35 | 2683448 99ers are not c...
99ers are not collaterall's picture

You are the stupid fuck.Is that the same reason Allies flatened Dresden after Germany signed surrender.You know shit so shut the fuck up.

Mon, 08/06/2012 - 22:54 | 2683623 TheObsoleteMan
TheObsoleteMan's picture

"The Japs have never paid for their crimes as have the Germans."


How many jews did the japanese kill?

Mon, 08/06/2012 - 15:28 | 2682548 Joe A
Joe A's picture

Oh yeah, the Russians had even more and bigger bigger deathcamps than the nazis....NOT.

Mon, 08/06/2012 - 15:38 | 2682571 tenpanhandle
tenpanhandle's picture

History lesson #1:  war crimes are only committed by the losers of said war.

Mon, 08/06/2012 - 14:34 | 2682379 Piranhanoia
Piranhanoia's picture

When faced with lamposts, as they are now,  Bunga, Monti and Draghi will volunteer to be her bitches faster than you can say tutti frutti.

Mon, 08/06/2012 - 16:50 | 2682813 Rip van Wrinkle
Rip van Wrinkle's picture

Italy always comes to the best outcome....back the winners.

Mon, 08/06/2012 - 23:44 | 2683731 Indrid Cold
Indrid Cold's picture

doesn't this make them hypocrites?

And jealous, apparently.

Tue, 08/07/2012 - 00:27 | 2683815 Redhotfill
Redhotfill's picture

No,  if you were Italian you would understand. 

Mon, 08/06/2012 - 14:01 | 2682247 Hober Mallow
Hober Mallow's picture

Yeah sure, as if Italians didn't have their own fascism a la Benito Mussolini.

Camicie nere everywhere in the 30's and 40's. Italians so proud of their clown-dictator. Country of clowns.


Mon, 08/06/2012 - 14:09 | 2682285 Manthong
Mon, 08/06/2012 - 14:23 | 2682338 Dr. Engali
Dr. Engali's picture

The progressive elite's in the U.S have the something in common


 “I remember distinctly an image of--we were sitting on his couches, and I was looking at his pant leg and his perfectly creased pant,” Brooks says, “and I’m thinking, a) he’s going to be president and b) he’ll be a very good president.”

Mon, 08/06/2012 - 15:11 | 2682491 Ying-Yang
Ying-Yang's picture

Carmela Soprano: I think you should pay him, Tony.
Anthony 'Tony' Soprano Sr.: No fucking way!
Carmela Soprano: What, your daughter's future isn't worth 10,000 dollars?
Anthony 'Tony' Soprano Sr.: That's not it. That motherfucker's full of shit. He's shaking me down.
Carmela Soprano: No, he's not.
Anthony 'Tony' Soprano Sr.: Oh, yeah? Who knows more about extortion, me or you?

Mon, 08/06/2012 - 15:35 | 2682563 azzhatter
azzhatter's picture

Tony's got a point right there

Mon, 08/06/2012 - 14:00 | 2682240 NotApplicable
NotApplicable's picture

Gee, where have I heard this storyline before???

I like how the Daily Mail described the picture as Merkel "saluting."

Because we all know, that what she does everyday.

Looks like another case of "Let's you and him fight!"

Mon, 08/06/2012 - 14:31 | 2682365 FreedomGuy
FreedomGuy's picture

Someone might want to remind Berlusconi that Italy and Germany were on the same side in that whole Third Reich thing. In fact, Italy was allied with the second reich/Kaiser in WW I, too but they stabbed their ally in the back and changed sides.

Tue, 08/07/2012 - 05:22 | 2684013 Element
Element's picture

oi ! ... knock that off! ... that's no longer the truth! ... 

We won't have thought-criminals coming in here and spreading lies around, and trying to twist all the known facts to fit some absurd fictional version of hystery!

Tue, 08/07/2012 - 15:28 | 2685562 FreedomGuy
FreedomGuy's picture

You are right, Element. I am going to forget that history and then forget the act of forgetting. Only then will the true history be revealed.

Mon, 08/06/2012 - 13:56 | 2682215 Jlmadyson
Jlmadyson's picture

You know it's bad when...

Mon, 08/06/2012 - 13:58 | 2682217 pain_and_soros
pain_and_soros's picture

Let's borrow money you have no intention of ever repaying, then get pissed at the lenders for finally figuring out you're not good for the money...and when your pathetic begging gets shunned & you're told to live within your means, you throw a tantrum..

Yea, that sounds about right for Italy.


Mon, 08/06/2012 - 14:00 | 2682243 Rubicon
Rubicon's picture

Sounds about right for me too.

Mon, 08/06/2012 - 14:03 | 2682263 NotApplicable
NotApplicable's picture

Funny, reading that post I thought you're talking about a person. Then I get to the end and instead find a soulless abstraction, capable of absolutely none of what you've described.

Yea, that sounds about right for collectivists.

Mon, 08/06/2012 - 14:04 | 2682264 Hedgetard55
Hedgetard55's picture



Stupid guineas.

Tue, 08/07/2012 - 04:03 | 2683982 Zero Debt
Zero Debt's picture

This newspaper is simply attempting to stir up emotions by depicting the Euro/Germany relation as a scapegoat and external enemy to drum up nationalistic fervor, deflect blame and buy time. The old guard will be back shortly and the beatings will continue until moral improves.

Mon, 08/06/2012 - 13:57 | 2682228 urbanelf
urbanelf's picture

I hope price stabeeleetee was worth it.

Mon, 08/06/2012 - 14:07 | 2682278 Hober Mallow
Hober Mallow's picture

On the bright side of things, i'll be able to buy an Italian villa for change, just like in the 50's.

Mon, 08/06/2012 - 14:21 | 2682326 toady
toady's picture

Right there with you, only on the Spanish Rivera.

Mon, 08/06/2012 - 14:38 | 2682393 FreedomGuy
FreedomGuy's picture

Or a couple ounces of PM's.

Mon, 08/06/2012 - 13:58 | 2682232 FL_Conservative
FL_Conservative's picture

Wow!  Look at the balls on those beggars!  If there was any doubt of sympathy on the part of the Germans, I think we can safely say that's been "taken care of".

Mon, 08/06/2012 - 13:58 | 2682233 irie1029
irie1029's picture

Off Subject sort of.... You know I am fed up with people and govt. feeling entitled to my wealth just because I work hard and save.  Italy feels entiltled and jsut because Germany says Nein they are pissed.  Fuck the free loaders. 

Mon, 08/06/2012 - 14:17 | 2682311 FL_Conservative
FL_Conservative's picture

Now you're speaking my language!

Mon, 08/06/2012 - 14:41 | 2682402 FreedomGuy
FreedomGuy's picture

It's when the welfare state becomes the welfare all of us in turn will.

Mon, 08/06/2012 - 13:59 | 2682238 FinalCollapse
FinalCollapse's picture

Concordia is sinking....

Mon, 08/06/2012 - 14:02 | 2682251 Dr. Engali
Dr. Engali's picture

Germany needs to tell the Italians to go fuck themselves. See how they like it when yields spike up again this week on their way to 10%. Then maybe the beggars will shut their pie holes.

Mon, 08/06/2012 - 14:03 | 2682260 Sandmann
Sandmann's picture

I bet some of them could as well....versatile.....

Mon, 08/06/2012 - 14:54 | 2682442 malikai
malikai's picture

The message is print or GTFO.

Mon, 08/06/2012 - 14:02 | 2682253 ThunderingTurd
ThunderingTurd's picture

Is this the definition of "biting the hand that feeds you"?

Mon, 08/06/2012 - 16:00 | 2682630 mendigo
mendigo's picture

The patron is begging the beggar to beg for assistance.
France and Germany want to loan Italy and Spain more money with which thier own banks will be paid back and the bill is left with the ECB/poplation of EU.
I thought Germany had a plan but now appears they have been shown a better way.
Which is the one in need here.
This has reached a point where it is quite entertaining - survivor European. And provides perfect cover for more printing and other "policy".

Tue, 08/07/2012 - 00:32 | 2683824 Redhotfill
Redhotfill's picture


Mon, 08/06/2012 - 14:02 | 2682255 Sandmann
Sandmann's picture

Pact of Steel 1939 and Il Duce as from just what is Italy's problem ? They can't find another Mussolini and simply make do with Monti who has just said that Governments in the EU should ignore their Parliaments and simply do what they need to do.

Mon, 08/06/2012 - 14:03 | 2682258 Jlmadyson
Jlmadyson's picture

She looks a wee bit zombie state.....much like these soverigns.

Mon, 08/06/2012 - 15:36 | 2682567 azzhatter
azzhatter's picture

Looks like she just farted

Mon, 08/06/2012 - 14:04 | 2682266 luna_man
luna_man's picture




Mon, 08/06/2012 - 14:05 | 2682270 Ludwig
Ludwig's picture

Another look at gold:

Mon, 08/06/2012 - 14:06 | 2682272 Republi-Ken
Republi-Ken's picture


do all you red neck CONSERVATIVES expect from Berloscooni?

He a mother F'ing CONSERVATIVE cheat to win mean spirited prick.

Just like all of Wall Street...

....and Most Zero Hedge Columnists, duh, aka Durden, Whalen, Mauldin, et al.

Who have a real problem with intellectual honesty about politics and real facts....

Oh, baby, I could so beat all you morons in a debate about the last 100 years of American History.

You F'ing Conservatives are so full of total horseshit.  Intellectual Dishonesty Horseshit.


Mon, 08/06/2012 - 14:15 | 2682305 Nadaclue
Nadaclue's picture

My. My,

Someone is definately off thier meds this week.

Mon, 08/06/2012 - 14:37 | 2682388 knightowl77
knightowl77's picture

or we need to triple his dose.....Liberal elites are just too stressed right now about barry sotero

Mon, 08/06/2012 - 14:36 | 2682386 Diplodicus Rex
Diplodicus Rex's picture

Why is it that when I click on Republi-Ken's name I get "Access Denied - You are not authorized to access this page" ?

Mon, 08/06/2012 - 14:40 | 2682401 fuu
fuu's picture

Usually means a ban.

Mon, 08/06/2012 - 14:55 | 2682444 vintageyz
vintageyz's picture

Doesn't appear there's been a ban.  Everyone is entitled to their own opinion.  Even though it is stupid as shit. 

Mon, 08/06/2012 - 15:12 | 2682494 fuu
fuu's picture


Mon, 08/06/2012 - 14:55 | 2682446 WAMO556
WAMO556's picture

Dumb ass, do you even know what "red neck" means?? Still a dumbass even if you do.

Mon, 08/06/2012 - 15:05 | 2682475 FreedomGuy
FreedomGuy's picture

So you are saying that the welfare-socialist-collectivist states has been a smashing success the last century or so? Wow. I think it you would be impossible to beat in a debate with your "real" facts.

Now put the dooby down and clean your room.

Mon, 08/06/2012 - 15:28 | 2682550 Blankenstein
Blankenstein's picture

"Just like all of Wall Street"


Oh you mean like Jon Corzine, Jamie Dimon, Lloyd Blankfein, the squid, etc.


FYI  -  You should probably go research before presenting your wishful beliefs as truth and with such bellicosity




Mon, 08/06/2012 - 15:52 | 2682604 tenpanhandle
tenpanhandle's picture

your very rant defeats your contention and exposes you as what you hate.

Tue, 08/07/2012 - 03:53 | 2683976 Zero Debt
Zero Debt's picture

There is nothing conservative about printing money.

Mon, 08/06/2012 - 14:06 | 2682274 doc_in_the_house
doc_in_the_house's picture

the fat italians

want their welfare for free...just like the greeks...

they can't hang mussolini, he didn't tell them to PRINT BABY PRINT in the hey days..He didn't tell them to retire @ 45 years !! freaking lazy morons !! we know the answer = DIVORCE of italy from EUR.

in other news the US women's volley ball team is doing well.

jersey #19 Hooker and # 10 Larson = I'm huge fans of theirs.

Mon, 08/06/2012 - 14:11 | 2682293 Hober Mallow
Hober Mallow's picture

Actually Italians are thinner (and healthier) than Americans (by far):

too much latinos, blacks and white trash who can't control their calorie intake.

Mon, 08/06/2012 - 14:17 | 2682312 doc_in_the_house
doc_in_the_house's picture


many italians when young are thin...but in their 30's+ they get FAT. and grow a beer and pasta belly..perfect example the guy from CAKE BOSS on TLC...thin when young and NOW he must weight like 250 lbs..he's like 5'8".

italians and greeks...THEY ARE ALL THE SAME...=gimme welfare OR i'll cry RACISM !!

Tue, 08/07/2012 - 00:36 | 2683835 Redhotfill
Redhotfill's picture

I think your talking about Mess-I-co

Mon, 08/06/2012 - 15:17 | 2682510 Winston of Oceania
Winston of Oceania's picture

I have to admit though that the Turks looked good as well, they seemed to tire near the end of the first game though.

Mon, 08/06/2012 - 16:56 | 2682834 doc_in_the_house
doc_in_the_house's picture

yes the turkish witches

did ok in the first was close..after the first set it was ALL DOWN HILL for the turks.....the turks have two cuties.


Mon, 08/06/2012 - 14:10 | 2682290 No Euros please...
No Euros please we're British's picture

While the cat's away, the mice will play. But even if they grow some balls, she'll bite them off when she gets back to work.

Mon, 08/06/2012 - 14:16 | 2682309 l1b3rty
l1b3rty's picture

Really going back to 1980s history with the Fourth Reich Stuff, and the Sonderweg obsolecense.

Mon, 08/06/2012 - 14:18 | 2682314 Lucius Corneliu...
Lucius Cornelius Sulla's picture

Just another reason for Germany to leave the currency block.  Better for them to let the PIGS loose to ruin their own currency.

Mon, 08/06/2012 - 14:43 | 2682411 dwayne elizando
dwayne elizando's picture

I agree with you. I think the first one to bail will be Germany.

Mon, 08/06/2012 - 14:18 | 2682318 YouAreBliss
YouAreBliss's picture
Nel culo - stile Bain! Romney Persona Non Grata in Italy for Bain’s Deal Skirting Taxes   "That’s because Bain Capital, under Romney as chief executive officer, made about $1 billion in a leveraged buyout 12 years ago that remains controversial in Italy to this day. Bain was part of a group that bought a telephone-directory company from the Italian government and then sold it about two years later, at the peak of the technology bubble, for about 25 times what it paid..."  

"The origins of Bain’s deal can be traced to 1996, when the Italian Treasury -- whose chiefs then included director general Mario Draghi, now head of the European Central Bank -- began privatizing several publicly owned businesses to reduce government debt, making it easier to enter the euro zone.

One of the first companies to go was Seat Pagine Gialle, or yellow pages, controlled by a state-owned company called Stet SpA.

Bain got wind of the public auction through the Italian unit of Bain & Co., the consulting company whose partners created Bain Capital. The Milan-based subsidiary was run by Gianfilippo Cuneo, a founder of McKinsey & Co.’s Italian operations.

Cuneo also was part owner of an investment firm, which needed additional capital to invest in the directory sale. Cuneo brought the deal directly to Romney.

“He immediately understood that it was a credible operation and it was worth devoting some time to it, so he guaranteed the support of Bain Capital,” Cuneo said...


Bain funneled profits through subsidiaries in Luxembourg, a common corporate strategy for avoiding income taxes in other European countries, according to documents reviewed by Bloomberg News. The buyer, Italy’s biggest telephone company, now has a total market value less than what it paid Bain and other investors for the directory business..."


Molto bello - abbiamo scopato voi pagliacci ass buon italiano - lo stile Mormon (giovane e ignorante)!!!!!

Mon, 08/06/2012 - 14:21 | 2682325 magpie
magpie's picture

Why does Italy love Obama ?

Mon, 08/06/2012 - 14:27 | 2682355 YouAreBliss
YouAreBliss's picture

As everyone knows - there is no corruption in Italy. 

Mon, 08/06/2012 - 17:40 | 2682941 manapisca
manapisca's picture

Plenty of italians myself included can't stand him! We know that lots of italians, greek, sapaniards like to use Germany as a scapegoat. It is easier to put the blame on others instead of admitting that our troubles are caused by irresponsible government spending, no structural reforms and a luxury welfare state that is bankrupting our countries. Can't you people clone Ron Paul and send him to us ASAP? 

Mon, 08/06/2012 - 21:18 | 2683402 99ers are not c...
99ers are not collaterall's picture

Who do you think Ron Paul is stupid.Controled oposition.Nothing would or will change.It is all rethoric for stupid flluoridated morons like you.

Tue, 08/07/2012 - 03:55 | 2683978 Zero Debt
Zero Debt's picture

Both have a weakness for puppet shows.

Mon, 08/06/2012 - 15:14 | 2682501 Winston of Oceania
Winston of Oceania's picture

"a common corporate strategy for avoiding income taxes in other European countries" So it is legal  and practiced by all firms then. Why make it out to be more than it is, a socialist government entity was losing money on an enterprize and were forced to sell it. Bain doesn't hold on to a company after they turn it around if it makes it at all. Some are just broken up as they should be due to a poor business model. 

Mon, 08/06/2012 - 16:29 | 2682752 YouAreBliss
YouAreBliss's picture

I'm sure a 28X return in 24 months is pretty standard, that's just 1400% a year return.  Noteable when the buy is from an interesting government run by interesting men, and your partner is an interesting person himself.  The coup de gras is the sale to another monopolistic corp/govt entity for a such a large increase in price, just a few months later.


Why didn't the phone company bid, I don't know maybe just 20x the Bain price, to win the "auction".

Or maybe they didn't think a company making phone directories (like Yellow pages) would be of any use to a telephone company.


But as the article states "Italy's stock market watchdog, Concob, and Turin prosecutor Bruno Tinti investigated, according to a person familiar with the matter and news accounts at the time.  No charges were brought."

Well, Concob looked into it - I'm satisfied - how about you?

Mon, 08/06/2012 - 14:20 | 2682323 bankruptcylawyer
bankruptcylawyer's picture

I love the idea that there are italians who are impoverished and are reading this thinking that it is true and then being angry at germany.


I haven't spent so much of my life learning about european history and world war I and II only to think I would never get a chance to apply my knowledge to modern dynamics in europe. it's time to bring back nationalism. This time, with drones and directed energy weapons.

Mon, 08/06/2012 - 14:22 | 2682330 magpie
magpie's picture

Yup, Germany has to liberate those poor Tyroleans.

Mon, 08/06/2012 - 14:20 | 2682324 doc_in_the_house
doc_in_the_house's picture

the italian paper

should have also had a mug of ODUMMER doing the sieg hiel salute from 2008 visit to Germany ! He did a "better job" than Merkel in doing the Hitler salute.

Mon, 08/06/2012 - 14:23 | 2682340 elwu
elwu's picture

Mr Monti, the Goldman Sachs apparatchik who, unelectedly, reigns Italy, made perfectly clear where he sees the real problem. He said

"If governments allow themselves to be entirely bound to the decisions of their parliament, without protecting their own freedom to act, a break up of Europe would be a more probable outcome than deeper integration."

so, apparently, he is not much in favour of democracy. But then, as Goldman Sachs Manager and EU Commissar, he wasn't elected as well. And so he is only used to give orders, not to explain and campaign for what he wants to do.

Lesson learned: never make a Goldman Sachs guy head of state, or of institutions like the ECB. Oh, wait, the ECB is already headed by a Goldm...


Mon, 08/06/2012 - 14:24 | 2682341 1Inthebeginning
1Inthebeginning's picture

Could someone from Italy please chime in and provide some on the ground opinion.

Mon, 08/06/2012 - 14:25 | 2682346 Linus2011
Linus2011's picture

At first, Germany will buy back or repatriate Südtirol again. People there are already waiting for it after my own experience.

Mon, 08/06/2012 - 14:32 | 2682369 larz
larz's picture

They miscounted I think we are on the fifth reich at this point in time

Mon, 08/06/2012 - 14:41 | 2682404 sablya
sablya's picture

So why is Monti the one calling for apr more civil discussion since his country is the one who has repeatedly provoked the Germans?


Mon, 08/06/2012 - 14:54 | 2682427 silverserfer
silverserfer's picture

Germany just needs to go full on greece style and spend some bucko euros and need a bailout themselves. THEN we can get this party started. DRINK DRINK DRINK DRINK!!

Mon, 08/06/2012 - 15:04 | 2682472 Totentänzerlied
Totentänzerlied's picture

This is a distraction, Italy still supports the German economy so Germany gives Italy the financial equivalent of a reacharound AKA a bailout.

Mon, 08/06/2012 - 15:06 | 2682480 CheapBastard
CheapBastard's picture

The Italians are jealous of their Freedom.

Mon, 08/06/2012 - 15:09 | 2682485 Dareconomics
Dareconomics's picture

I keep writing that Merkel wishes to use the present crisis to politically unite the rest of Europe under the leadership of Germany. It looks like the Europeans are starting to pay attention.

If Germany is anything, it is obsessed. Kaiser Wilhelm succeeded in uniting central and eastern Europe after the capitulation of the czar in 1917. Only the entry of the Americans into the war prevented him from consolidating those gains into a Greater Germany.

Hitler united all of Europe except the Iberian peninsula and Switzerland under his control for a couple of year in the 40's. After he was defeated, we demilitarized Germany and chopped it up so that it would not be a problem again.

Then, the Iron Curtain fell, and Germany was reunited. It helped found the euro and exported its way to strength on the back of a shared currency thanks to its friends in southern Europe.

Now that Germany is strong again, we see its true colors, and it uses this crisis to force its allies to give up its sovereignty to institutions, like the ECB, which it effectively controls.

Fortunately, Germany is no longer a brutal military autocracy. There will be no genocide or war dead. The only casualty will be democracy.

Tue, 08/07/2012 - 06:06 | 2684032 Reven
Reven's picture

Cute, but nonsense.  Socialism got us in this mess with the EU's debt levels, and somehow socialism is justified and will fix this if applied at the national level?  The socialists have finally run out of other people's money, so they have to find a new source to fleece until they too are out of money.  I suppose the Swiss became a safe haven as well by abusing the poor Southern neighbors too?  Oops, forgot, Swiss don't use the Euro.  Next please.

Mon, 08/06/2012 - 15:13 | 2682497 MsCreant
MsCreant's picture

I'm surprised ya'll are being bated by this. 

No one should pay back any of the debt.

Fuck the bankers.

Fuck the people (GS) that helped politicians hide the soverign debt so that the little PIIGS could join the Euro. 

Fuck the politicians for not budgeting and for over spending.

Fuck the politicians for not telling the truth and making promises that could not be fufilled.

All the contracts related to the Euro and Euro Union were based on fraud. All the contracts are null and fucking void if you just wake the fuck up.

Everyone, Germany, Itally, Greece, you name it, STOP PAYING NOW. Prosecute all the politicians and bankers involved in the fraud. Clear the decks. Start over.


Mon, 08/06/2012 - 15:13 | 2682498 americanspirit
americanspirit's picture

A little good old Bunga Bunga and Frau Merkle would be eating out of Silvio's - er - hand. We all know that's what she really wants anyway, right? I mean, who could resist the glorious Silvio?

Mon, 08/06/2012 - 15:46 | 2682589 Duke of Con Dao
Duke of Con Dao's picture

hey all. 

where does Il Giornale fall in the political spectrum in Italia? 

I'll post this for the hell of it... (oldie, yes...)

It's my Merkel at EU Conference channeling the Fuhrer himself (with subtitles)

Mon, 08/06/2012 - 15:48 | 2682600 Mr_Wonderful
Mr_Wonderful's picture

Il Giornale drama queens, what else is new. 85% of their staff is gay.

Mon, 08/06/2012 - 15:55 | 2682618 magpie
magpie's picture

They need a good butch like Angela once in a while ?

Mon, 08/06/2012 - 16:41 | 2682783 supafuckinmingster
supafuckinmingster's picture

Be like the 22nd elephant with heated value in space: Bark!!

Mon, 08/06/2012 - 19:10 | 2683110 Flatchestynerdette
Flatchestynerdette's picture

Angela Merkel looks tired because its hard to be mother to whiney bratty children all with their hands out. And when did a wave for a picture become a 4th Reich salute?

Only in Italy *eye roll* ....

Mon, 08/06/2012 - 20:04 | 2683195 Uncle Remus
Uncle Remus's picture

I don't get it....

Mon, 08/06/2012 - 20:26 | 2683238 vainamoinen
vainamoinen's picture

MsCreant - thx for clarifying - - -

there was no money "lent" in the first place since money is created out of nothing and dispensed into the economy as debt. I am amazed how people, even intelligent people, can't seem to get clear on this. IT IS THE ABSOLUTE, FUNDAMENTAL CONCEPT IN MODERN FINANCE AND ECONOMICS.

If you can't "get" this then it is impossible to interpret contemporary finance and economics - and, given the level of fraud in the system, it's hard enough to figure out anyway.

I recommend Michael Hudson to anyone who really wants to understand this. He is clear on the nature of the"con" and good at explaining it in terms most people can understand.

Finally, the international elite will crush anyone who opposes them and the citizens of both Italy and Germany are nothing more than cannon fodder who will be destroyed if that's what it takes.

We are, all of us, the prisoners of history. The elite 1% understand this. Very few of the 99%ers have got a clue.

But please, feel free to continue to argue about who's "cooler", Germans or Italians.

What a waste of time!!!


Tue, 08/07/2012 - 06:09 | 2684034 Reven
Reven's picture

Correction, the elite 0.01%.

Mon, 08/06/2012 - 23:41 | 2683726 Indrid Cold
Indrid Cold's picture

From the land of Mussolini... is this a case of Italian jealousy?

Tue, 08/07/2012 - 01:31 | 2683902 Whatsoever
Whatsoever's picture

Some 67 years ago, those late settlers in alto adige opted out living there.


This you might have once again, German Bitch.

Tue, 08/07/2012 - 01:31 | 2683903 Whatsoever
Whatsoever's picture

Some 67 years ago, those late settlers in alto adige opted out living there.


This you might have once again, German Bitch.

Tue, 08/07/2012 - 12:13 | 2684951 Youri Carma
Youri Carma's picture

Only just one little flaw in Berlusconi’s ‘Fourth Reich’ remark.



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