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A Slovak Twist: Slovakia's Sulik Announces EFSF Vote Has To Be Adopted By Constitutional Court First

Tyler Durden's picture




 

With everyone so certain the Slovak EFSF vote passage was just a formality, it was only a matter of time before Richard Sulik's SaS threw a wrench in the best laid plans.... Sure enough, as of a few minutes ago, Sulik has announced that he is considering getting the constitutional court involved, a process which if anything will create an indefinite delay in the EFSF ratification, even assuming there is no additional doublecrossing of the outgoing PM Radicova involved.

An appropriate picture of Sulik giving the PMs head on a platter to the opposition party:

From SME.sk

Session of Parliament opened Richard Sulik after announced that he is considering voting on EFSF made to the Constitutional Court.

15:34 "government with Shas would the previous bad experience much more difficult," he said in parliament chairman Most-Hid Bela Bugar , which does not exclude cooperation. Who would be in addition to the CIS cooperation next year after the March elections early exclude, say.

15:31 Shorter term government Iveta Radi?ová passed for second reading. Members decided by 142 votes. Government proposal for constitutional law, which is discussed in the shortened legislative proceedings, now will go to committee.

The Chair declared a break to discuss the proposal before the second reading to 16.00 h. Members will then vote on the final version.

15:23 Sulík ended debate on the shortened legislative proceedings, the Government's proposal for early elections. Proposal passed, it will now discuss the committees. Currently teaches constitutional head of the committee Radoslav Prochazka (KDH), the very legislative changes shortening the election period.

15:12 MP spoke of Peter Rabbit OKS. He stressed that their voices fall on Iveta Radi?ová decided. "We could not find another form of saying that we are against eurovalu and the government as not to vote." Since many members have not earned a loud hissing.

15:05 MP Martin SaS Polia?ik presented a procedural motion to withdraw from the euro. This proposal, however, support only 27 members.

15:04 Radoslav Prochazka from KDH also believe that Sulík the Constitutional Court could succeed. "If this administration really goes, the presenters will be wrong."

15:03 The meeting was opened Sulík.

h/t Giorgio

 

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Thu, 10/13/2011 - 09:56 | 1769206 HelluvaEngineer
HelluvaEngineer's picture

Bullish as usual.  Glad to see that gold & silver are getting whacked at the open while junk like CMG goes to the moon.  Above all else, gotta protect the ponzi.

Thu, 10/13/2011 - 10:34 | 1769400 Fish Gone Bad
Fish Gone Bad's picture

Richard Šulík je ?estný a dobrý ?lovek.

Thu, 10/13/2011 - 11:27 | 1769657 BigJim
BigJim's picture

Fish Gone Slovak.

Thu, 10/13/2011 - 09:57 | 1769212 YesWeKahn
YesWeKahn's picture

phucking bullish.

Thu, 10/13/2011 - 09:58 | 1769217 gojam
gojam's picture

If it becomes a constitutional matter then they will also need a 3/5s majority (90 out of 150) to pass it.

Thu, 10/13/2011 - 10:03 | 1769232 Clorox Cowboy
Clorox Cowboy's picture

I'm not sure how you even got that much out of it...what are we using to translate these articles, a grilled cheese sandwich??

Thu, 10/13/2011 - 10:08 | 1769255 gojam
gojam's picture

When the vote took place on Tuesday I investigated how the Slovak parliamentary system works.

Normally a simple majority prevails but when an issue is constitutional you need a 3/5s majority. If Sulik take it to the constitutional court then it becomes a constitutional matter. (I'm assuming.)

Thu, 10/13/2011 - 10:12 | 1769272 Clorox Cowboy
Clorox Cowboy's picture

You mean you researched it???  Wow, I hope you don't have any ambitions to be an equities analyst...that kind of initiative would disqualify you I do believe.

Thu, 10/13/2011 - 10:16 | 1769294 gojam
gojam's picture

Well, I wouldn't overstate it. I did what even an equities analyst would do and looked it up on Wikipedia ;-)

"The parliament may vote only if a majority of all its members (76) are present. To pass a decision the approval of a simple majority of all MPs present is required (i.e. at least 39 votes). Almost all legal acts can be adopted by this relative majority. An absolute majority (76 votes) is required to pass a vote of no-confidence in the Cabinet or its members, or to elect and recall the Speaker or the Deputy Speakers. A qualified majority of 3/5 of all deputies (at least 90 votes) is required for the adoption of a constitution or a constitutional statute."

http://en.wikipedia.org/wiki/National_Council_of_the_Slovak_Republic

Thu, 10/13/2011 - 10:32 | 1769388 Clorox Cowboy
Clorox Cowboy's picture

Trust me, you're disqualified even for that minor effort.  :)

Thu, 10/13/2011 - 10:30 | 1769378 Yen Cross
Yen Cross's picture

Hey! I picked up a block of ( CLX), after his highness bailed out of the takeover bid. I love their dividend, and the company is very solid!

Thu, 10/13/2011 - 09:58 | 1769218 SeverinSlade
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Richard Sulik should be given Obumma's Nobel Peace Prize.

Thu, 10/13/2011 - 10:08 | 1769256 knight99
knight99's picture

either way this guy is fking awsome. telling the whole EZ go fk urself. amazing

Thu, 10/13/2011 - 10:14 | 1769284 Raynja
Raynja's picture

Sulik should get obamao's job. He can use the same birth certificate.

Thu, 10/13/2011 - 10:27 | 1769364 SeverinSlade
SeverinSlade's picture

I think he'd be better suited to be Ron Paul's Attorney General.

Thu, 10/13/2011 - 11:12 | 1769550 plantigrade
plantigrade's picture

European hero

Thu, 10/13/2011 - 09:59 | 1769219 Gandalf6900
Gandalf6900's picture

can't eat gold my friend

Thu, 10/13/2011 - 10:07 | 1769244 Pool Shark
Pool Shark's picture

 

 

Yep, but I hear bankers are pretty tasty...

 

 

Thu, 10/13/2011 - 10:48 | 1769464 LookingWithAmazement
LookingWithAmazement's picture

Great. Gold is not for eating, but more for preserving wealth. Can you eat paper money?

Thu, 10/13/2011 - 11:36 | 1769708 BigJim
BigJim's picture

The REAL Gandolf probably wouldn't waste his time defeating such strawmen. So I am going to have to assume you are an imposter.

Thu, 10/13/2011 - 09:59 | 1769223 LookingWithAmazement
LookingWithAmazement's picture

Next obstacle. Not.

Thu, 10/13/2011 - 10:00 | 1769226 Seasmoke
Seasmoke's picture

Sulik for king of the world !!

Thu, 10/13/2011 - 10:01 | 1769228 Iriestx
Iriestx's picture

Extremely bullish, how are we not up 500 bizzaro points on this news?

Thu, 10/13/2011 - 10:03 | 1769231 Dailo
Dailo's picture

Haha love you guys, we'll see DOW go up like 1000 points when Greece gets their loan.

Thu, 10/13/2011 - 10:13 | 1769280 jdelano
jdelano's picture

Man--you still piping off?  What did I tell you yesterday--trading range.  Time to wise up Dailo, or quit the game. 

The thing about bears that perhaps fascinates people the most is their remarkable intelligence. They are the most intelligent native nonhuman animals in North America, and many modern bear biologists accredit them with the equivalent IQ of the great apes, some even dare give them the equivalent intelligence of a 3-year-old human.


"Bulls are capable of feeling strong emotions such as pain, fear and even anxiety — they worry about the future. But if farmers provide the right conditions, they can also feel great happiness"

John Webster, professor of animal husbandry at Bristol

Thu, 10/13/2011 - 10:15 | 1769291 Iriestx
Iriestx's picture

No need to actually bail them out, just start a different rumor every day and you can stretch this thing out for 20,000 points.

Thu, 10/13/2011 - 10:32 | 1769390 SheepDog-One
SheepDog-One's picture

Right, actions are no longer relevant, everyone is bankrupt and everyone knows it. The only relevant thing now is rumors of rumors.

Thu, 10/13/2011 - 10:03 | 1769229 GeneMarchbanks
GeneMarchbanks's picture

So he's delaying the delayers of the Ponzi unwind. Interesting move. Your move Merkozy...

Thu, 10/13/2011 - 10:24 | 1769336 The Limerick King
The Limerick King's picture

 

 

Will Slovaks delay "Kick the can"

Because of a courageous man?

Will Greece finally fall?

Will Banksters soon crawl?

(It's all just a part of the plan....)

Thu, 10/13/2011 - 10:04 | 1769233 Fips_OnTheSpot
Fips_OnTheSpot's picture

Wow! He's really fighting for it! (well, against EFSF)

 

Kudos!!

Thu, 10/13/2011 - 10:23 | 1769329 TheSheepWolf
TheSheepWolf's picture

Yep, it was a lot of fun to watch the parliament tv on Tue. He was the only one with arguments... the opposition was just saying over and over "We need to say yes, because other countries have approved that already." Or "They gave us right to be part of this exclusive club. We should not vote against them!" It was fkin unbelievable.

Thu, 10/13/2011 - 10:04 | 1769235 Lord Welligton
Lord Welligton's picture

SLOVAK OUTGOING GOVERNMENT EXPECTS EFSF TO BE APPROVED IN REPEATED VOTE, LIKELY THIS WEEK

Let's hope for a Constitutional challenge.

Maybe he reads ZH

Thu, 10/13/2011 - 10:10 | 1769263 SeverinSlade
SeverinSlade's picture

Wouldn't surprise me.  How many emails did ZH readers send him?  I sent one and a ton of others did.

Thu, 10/13/2011 - 10:12 | 1769274 Lord Welligton
Lord Welligton's picture

Likewise.

Thu, 10/13/2011 - 10:36 | 1769410 jdelano
jdelano's picture

I'm gonna send him another to keep his morale up.  

Thu, 10/13/2011 - 10:05 | 1769242 Fíréan
Fíréan's picture

Google Translate obviously didn't graduate in languages !

 

Thu, 10/13/2011 - 10:05 | 1769243 sabra1
sabra1's picture

OT:

Georgia Considers Replacing Firefighters With Free Prison Laborers

 

"Now Camden County in Georgia is considering tasking prisoners to take on one of the most dangerous jobs there is: fighting fires. Using prisoners as firefighters is a cost-cutting measure that’s expected to save the county a bundle:
A select group of inmates may be exchanging their prison jumpsuits for firefighting gear in Camden County.
The inmates-to-firefighters program is one of several money-saving options the Board of County Commissioners is looking into to stop residents’ fire insurance costs from more than doubling. <...> The inmate firefighter program would be the most cost-effective choice, saving the county more than $500,000 a year by some estimates. But that option is already controversial, drawing criticism from the firefighters who would have to work alongside – and supervise – the prisoners.
The Camden program would put two inmates in each of three existing firehouses, and they would respond to all emergencies – including residential – alongside traditional firefighters. The inmates would have no guard, but would be monitored by a surveillance system and by the traditional firefighters, who would undergo training to guard the inmates."http://thinkprogress.org/justice/2011/10/11/340328/geor... /

Now we know why they are destroying the unions... They are going to be giving union jobs to prison slaves.... Payed Fire fighters would be fired. Free prison labor would enable the prisoners once they are released from prison the ability to get paid... So the law abiding fire fighters will have to go to prison to get a job.... This makes no sense...

Thu, 10/13/2011 - 10:09 | 1769260 PY-129-20
PY-129-20's picture

Well, maybe it wasn't a good idea to replace our firefighters with just released pyromaniacs.

Thu, 10/13/2011 - 10:56 | 1769499 oddjob
oddjob's picture

Take your pick, looters or arsonists. At least the arsonists dont demand a pension for doing nothing all day.

Thu, 10/13/2011 - 10:12 | 1769273 Long-John-Silver
Long-John-Silver's picture

I think it's a great idea. The criminals get the worst and most dangerous jobs. I suspect live expectancy will be very low. 

Thu, 10/13/2011 - 10:46 | 1769456 Debt-Penitent
Debt-Penitent's picture

Sure, until your life is one the line...then you hear the laughing.

Thu, 10/13/2011 - 10:24 | 1769338 chubbar
chubbar's picture

Hmm, the 2007 census reports the pop. of Camden is 48,689. I don't have any way to calculate households or homes that would be insured with the county/under the firefighters insurance hikes, but let's say it's a quarter of the population or 12,000 homes in the county.

$500,000 savings equates to about $42 per home per year under this program (if assumptions are even ballpark close). This savings is going to keep their fire insurance from DOUBLING??? WTF, it sounds more like an insurance scam is happening more than anything else.

Thu, 10/13/2011 - 10:30 | 1769377 JohnG
JohnG's picture

These are trailer homes, so the prisoners will be in a familiar environment.  It's Georgia........

 

(I live in GA, but not in Camden County)

Thu, 10/13/2011 - 10:40 | 1769432 wang (not verified)
wang's picture

I thought he meant Georgia as in Caucasus not GA as in USA

Thu, 10/13/2011 - 11:31 | 1769671 Grimbert
Grimbert's picture

That's what I assumed when I saw the headline in another newspaper and didn't bother to read it. They ought to qualify it like Macedonia have to:

Former Soviet Republic of Georgia

Former British Province of Georgia

Former Confederate State of Georgia

 

Thu, 10/13/2011 - 10:06 | 1769245 disabledvet
disabledvet's picture

What would actually be interesting is if they started proceedings to reunite with "the Czech lands" (whatever the hell that is.) They still have their own currency. And then instead of mere internet trolls they could go back to the day when you had actual trolls...living under a bridge. And if you didn't pay the "Czechloslovakian toll" you met "the Czechloslovakian troll."
http://www.youtube.com/watch?v=FMEe7JqBgvg&feature=player_detailpage

Thu, 10/13/2011 - 10:38 | 1769421 TheSheepWolf
TheSheepWolf's picture

It does not surprise me... Almost noone in the US knows where the Czech republic is. The last time I asked a random guy at LAX the answer was that we are still part of Russia. Another blond chick thought that we are part of Germany.... wtf?

Thu, 10/13/2011 - 10:44 | 1769448 SheepDog-One
SheepDog-One's picture

Well in all fairness TheSheepWolf, if I asked the average Slovakian 'whats the city directly south of Seattle' do you think you'd get any less of a blank stare?

Thu, 10/13/2011 - 11:36 | 1769705 Grimbert
Grimbert's picture

Neville Chamberlain had that problem too.

Thu, 10/13/2011 - 10:06 | 1769246 Fix It Again Timmy
Fix It Again Timmy's picture

The World Collapse Explained in 3 Minutes:

http://www.youtube.com/watch?v=NOzR3UAyXao&feature=related

 

 

Thu, 10/13/2011 - 10:07 | 1769252 Dick Darlington
Dick Darlington's picture

Major man crush here. =) Sulik is the man! Only one who has the balls to question the suicidal EU-dictatorship. Go Sulik, fight for it!

Thu, 10/13/2011 - 10:09 | 1769259 Tao 4 the Show
Tao 4 the Show's picture

To bend over is EUman, to stand up, Slovakian.

Thu, 10/13/2011 - 10:12 | 1769275 Yen Cross
Yen Cross's picture

Breaking news:  "A U.N. envoy has just left with a W.M.D.  (in route) to Slovakia." The presumed case is carrying large doses of " FIAT"...  If you are being held hostage, one dose should free you.

Thu, 10/13/2011 - 10:17 | 1769301 Minimum Clearance
Minimum Clearance's picture

So far the only two countries to stand up to the crushing pressure from EZ empire-wannabes are Iceland and Slovakia -- two of the smallest countries in Europe.  (Plus Finland, sort of).  I think there's a correlation in that the leaders of these smaller countries are closer to the people they're supposed to represent.  I know correlation is not causation, but still -- maybe the politicos of Iceland and Slovakia actaully give a shit about their citizens.  One can hope that such feelings spread.

Thu, 10/13/2011 - 10:25 | 1769344 ricksventures
ricksventures's picture

as far as i know iceland is NOT in EU and doesnt use Euro either so there is a difference

Thu, 10/13/2011 - 10:31 | 1769375 SheepDog-One
SheepDog-One's picture

Just because Iceland is not in the 'EU' doesnt mean they didnt tell the bankers to piss off.

Thu, 10/13/2011 - 10:47 | 1769458 ricksventures
ricksventures's picture

I DIDNT say they didnt tell the bankers to piss of

MY POINT IS: Slovakia (Sulik) is the ONLY one in EU and with Euro and that is big difference

Iceland as an independent country was more free to do so, Sulik will soon need to check for bombs under his car if he continues as gangsters have plenty of cash to pay a few bucks a local mafia guy to "finish the job that we started"

Thu, 10/13/2011 - 10:49 | 1769472 SheepDog-One
SheepDog-One's picture

I dont agree Slovakia is 'standing up' to anything, EFSF was never intended to pass its all a scam and they needed a fallguy so heres the SMALLEST member to block it and take blame.

Thu, 10/13/2011 - 10:34 | 1769398 Yen Cross
Yen Cross's picture

 My aim is to educate http://en.wikipedia.org/wiki/Icelandic_kr%C3%B3na

  Enjoy.

Thu, 10/13/2011 - 10:44 | 1769443 ricksventures
ricksventures's picture

educate your mom

I REPEAT: Slovakia (Sulik) is the ONLY country in EU WITH EURO that stood up to the gangsters and fat greeks that should work on plantations for a piece of feta cheese a day

Thu, 10/13/2011 - 10:56 | 1769479 Yen Cross
Yen Cross's picture

 At least you had the " Fiat" enough to speak back. I respect that! +1

    Let's debate. Sans the junks/  P.S. I agree with that Greek idea. Italy should take up that idea as well. All of the Mama's boys would be forced to get a  F..King JOB!

Thu, 10/13/2011 - 10:52 | 1769480 SheepDog-One
SheepDog-One's picture

All just a scam for the sake of more 'carrots and sticks' to keep things stable a bit longer, and the smallest EU member takes the hit for the rest. Did anyone REALLY think the EZ was about to print $6 TRILLION Euros??

Give me a break.

Thu, 10/13/2011 - 10:23 | 1769333 Cone of Uncertainty
Cone of Uncertainty's picture

With balls that big how does Richard Sulik sit down?

Thu, 10/13/2011 - 10:27 | 1769359 JohnG
JohnG's picture

Well, as long as Peter Rabbit OKS it.....

Should they ask Eddie too?

Thu, 10/13/2011 - 10:28 | 1769367 SheepDog-One
SheepDog-One's picture

'With everyone so certain EFSF passage was just a formality'...

No I wasnt at all, I said EFSF was just another carrot and stick.

Thu, 10/13/2011 - 10:29 | 1769371 TradingJoe
TradingJoe's picture

Richard "Lionheart" Sulik, you go Bubba, make them HUMBLE again!

Thu, 10/13/2011 - 10:32 | 1769389 Fips_OnTheSpot
Fips_OnTheSpot's picture

16:26 Debate ends for a while, tend to withdraw early elections.

Sooo, how long will Greek be possibly stay on "stand-by" before declaring default? Very interesting - whatever the outcome of Sulik's fight is, for sure it'll delay the whole thing for quite a while. Still nothing in (german) media, I wonder when they realize what's happening over there.
Thu, 10/13/2011 - 10:37 | 1769417 ricksventures
ricksventures's picture

BREAKING NEWS:

another smaller party (got just 5% of votes) is also against EFSF standing with Suliks party SAS and agreeing to support his action in court

 

Sulik should BE CAREFUL !!!

The masters never sleep and his governmental Audi A8 might have a "malfunction of breaks" on the curvy road and "for unknown reason" the ambulance could get delayed....

 

political parties of Slovakia the gangster parties like SDKU, SMER, KDH and MOST, their leaders Saddam style to the wall and pull the trigger

Thu, 10/13/2011 - 10:44 | 1769446 wang (not verified)
wang's picture

It's likely just me but that various parties in the various countries of the Eurozone  love their effing acronyms, which is a bitch if you are dyslexic. SDKU, SMER, KDH, CDU, CSU, SPD, FDP, UMP, VEC, MOFO

Thu, 10/13/2011 - 11:00 | 1769508 ricksventures
ricksventures's picture

its easy i help you:

 

SMER:

the sons of former commie secret service fathers so they got their hands on privatization and stole shitload of cash, even have their own local "goldman sachs" called

J & T ( You and Me, in Slovak)

http://www.jtfg.com/sk/

these fuckers, since they are red, I say cut them to 1000 pieces and feed it to hungry street dogs or BBQ it for local gypsies

 

SDKU:

"the blue shirts" lock, stock and barrel by Soros and the euro gangsters from Brussel, their head whore Radicova is the one who did everything she could to get the money to fat greeks, they should get a drop from the airplane (without the golden parachute)

 

KDH:

Claim to be the "real" Christians, but there are best buddies with commies from SMER and love the idea of indebting even more the Slovak peasant, for them I say burn them like the witches that they are

 

SNS:

Slovak nationalists, strangely their leader now supporting Sulik, since Sulik was not that liked, he wanted to legalize the "good shit" back in the day before the EFSF came along

Their leader openly stole billions and nobody could touch him since he represents the nation :) but since he is the only one on the side of Sulik, i guess he is the good kind now :)

 

 

Thu, 10/13/2011 - 10:41 | 1769437 Manipulism
Manipulism's picture

For everybody who is interestet in Richard Suliks own words why he must vote against the EFSF.

His own Blog:

http://richardsulik.blog.de/2011/09/27/slowakei-efsf-stimmen-11925443/

In German.

 

Thu, 10/13/2011 - 10:46 | 1769453 SheepDog-One
SheepDog-One's picture

Breaking News- Eric Holder announces the breakup of a Slovakian terror plot where they were trying to hire CIA assets in the ZETA drug cartel to assasinate CNBC personality Steve Liesman.

Thu, 10/13/2011 - 11:04 | 1769515 SilverBaron
SilverBaron's picture

No, the Slovakian hold-outs will be taken for a ride on Air Force One where they will be guaranteed that they will be exempted from ever having to pay any bailout money.  The Fed (American tax payers) will pay thier share.

Thu, 10/13/2011 - 10:48 | 1769466 slewie the pi-rat
slewie the pi-rat's picture

wo wtf is the e-mail of the slovakian constitutional court, BiCheZ?

Thu, 10/13/2011 - 10:53 | 1769485 Yen Cross
Yen Cross's picture

Care to share my " Court Marshall" Slewie. And the E.U. is in agreement?

Thu, 10/13/2011 - 11:07 | 1769524 alien-IQ
alien-IQ's picture

I think it just got passed. WTF is going on?

Thu, 10/13/2011 - 11:08 | 1769527 vote_libertaria...
vote_libertarian_party's picture

CNBC just reported it passed.  I guess no super majority deal breaker occured.

Thu, 10/13/2011 - 11:11 | 1769540 ZippyBananaPants
ZippyBananaPants's picture

Bloomberg just reported it passed.  What is going on?

 

Thu, 10/13/2011 - 11:38 | 1769719 Grimbert
Grimbert's picture

From http://www.telegraph.co.uk/finance/financialcrisis/8782663/Debt-crisis-live.html

 

16.15 Unlike the first vote, the second sailed through, with 114 lawmakers voting in favor of boosting the bailout fund (76 were needed).

Thu, 10/13/2011 - 12:19 | 1769900 French Frog
French Frog's picture

Things just aren't like they used to be ... it must have taken a bit longer than usual to open and fund those swiss bank accounts, but enough Slovakians caved in in the end, as was expected

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