Watch David Cameron Explain To UK Parliament Why He Broke Away From The Eurozone Group Of 27

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Mon, 12/12/2011 - 11:37 | 1970100 GeneMarchbanks
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Because HSBC told him to?

Mon, 12/12/2011 - 11:40 | 1970112 Momauguin Joe
Momauguin Joe's picture

N.M. Rothschild of London told him to.

Mon, 12/12/2011 - 11:44 | 1970132 AngryGerman
AngryGerman's picture

no, timmmaaahhhhhh was hiding up his ass and telling him what to do

Mon, 12/12/2011 - 11:47 | 1970145 Harlequin001
Harlequin001's picture

So you think it in the US's interest for the Euro to fail then?

You think US banks have a rats arse chance of survival if European banks go under? Please...

Mon, 12/12/2011 - 11:54 | 1970179 william shatner
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Off course it's in the interest for the US that the euro fails, it's the only competitor to the US dollar as the reserve currency. They don't care about the banks, it's all about keeping the dollar as the reserve currency.

Mon, 12/12/2011 - 12:09 | 1970235 Ahmeexnal
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What is Nigel Farage saying about this?

David CommieRon is a disgrace.

Mon, 12/12/2011 - 12:35 | 1970371 TheFourthStooge-ing
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What The City wants, The City gets.

 

Mon, 12/12/2011 - 12:42 | 1970398 Deo vindice
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I would think that Nigel's increasing popularity in Britain has to play into this situation at least a bit.

Mon, 12/12/2011 - 12:10 | 1970247 kridkrid
kridkrid's picture

Go ahead. It's got to be somewhere.

Tic-tac-toe.

You're in. Order it to disarm the missiles.

No! No.

Five numbers. It's got half the code.

One.

- Put X in the centre square.|- I know.

- Six up.|- There's no way you can win.

I know that. It doesn't. It hasn't learned.

- Is there any way to make it play itself?|- Yes. Number of players zero.

Mon, 12/12/2011 - 12:16 | 1970281 distopiandreamboy
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It seems the only way to win is to not play the game. But in this world the game plays on.

Mon, 12/12/2011 - 12:31 | 1970346 kridkrid
kridkrid's picture

Yeah... not a perfect analogy. The "can't win" part is right, but the ship sailed on not playing long ago.  Currency wars lead to trade wars lead to war wars.... and here we go... http://www.youtube.com/watch?v=xSLlZh9yelk

Mon, 12/12/2011 - 15:05 | 1971070 stirners_ghost
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"Just imagine how much more could be printed into all that fresh demand", TheBernank thought to himself, his vagina fully engorged.

 

Mon, 12/12/2011 - 11:59 | 1970192 fajensen
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The EUR would fail instantly if London was not around to enable off-the-books investments, unsupervised lending, infinite leverage and plain money-laundering! Keeping the UK out of any deal preserves the status quo in which trillions have alredy been wasted.

It is the desired outcome: The fascists can confiscate defraud and tax, then launder their money via London, while whining about the obstinacy of the British.

Mon, 12/12/2011 - 12:04 | 1970219 Jay Gould Esq.
Jay Gould Esq.'s picture

Swing that purse, David !

Mon, 12/12/2011 - 13:03 | 1970505 eureka
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Fajensen - Your view is too simplistic. EU is not ruled by fascists. There are many opposing forces in EU, each fighting for its agenda. This is only to be expected. HOWEVER: There is one enemy of all nations and peoples - and that is the hyper rich who use banks for their war on all real assets, whether private or sovereign - and consequently hedgefunds and banks must be regulated, chopped up and exempt from any more bailouts whatsoever - i.e. all the things London doesn't want - but which a majority of forces in EU do want.

Cameron works for London and its crony capitalist cabal. If one is for crony capitalism one can agree with Cameron - otherwise not.

That - is the truth - if you can handle it..

Mon, 12/12/2011 - 11:46 | 1970141 GeneMarchbanks
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You must bomb your liver with a liter of absimf' if the word "REHYPOTHECATION" is uttered...

Mon, 12/12/2011 - 11:56 | 1970183 spanish inquisition
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If he agrees, then the unregulated London Financial District comes under EU control and needs to follow EU rules.

Mon, 12/12/2011 - 12:00 | 1970198 GeneMarchbanks
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I'm aware of all this. The 'looting spree' in London this summer was a fine example of microcosm/macrocosm. Self similarity, if you will...

Loot on you thieving fuckshites! Loot on...

Mon, 12/12/2011 - 13:02 | 1970496 Ghordius
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today's best is Tyler's own provocative intro "telling Europe to shove its authoritarian ambitions"!!! LOL

ah, banking regulations are so fascist a priori

Mon, 12/12/2011 - 13:09 | 1970557 eureka
eureka's picture

Well, in this matter Tyler clearly does not see the full picture - if his simplistic sentiment against central controls were to be distributed evenly, he would have to equally "forcefully" advocate the immediate revocation of scores of US Federal Government controls over separate US states.

Let's hear it Tyler... - is that your position?

Or is it only the EU which is not allowed to have central powers?

I hardly think that is your porition, Tyler - is it now?

Mon, 12/12/2011 - 15:41 | 1971241 Cugel
Cugel's picture

I'm pretty sure that would be Tyler's position. Have you missed all the Ron Paul love? The solution to too big to fail is failure, not more central planning.

Mon, 12/12/2011 - 13:13 | 1970567 Ahmeexnal
Ahmeexnal's picture

Why should people have to pay taxes to a German empire operating out of Brussels?

Oh, right, so the Germans can keep partying like it's 1936.

The much touted friday eurozone agreement is a farse.

The 27 fools who "agreed" will hit a concrete wall in their countries called CONSTITUTION.

Mon, 12/12/2011 - 11:49 | 1970155 HedgeAccordingly
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S&P's nice and weak this morning... http://hedge.ly/tm7X6t 

Mon, 12/12/2011 - 11:51 | 1970164 slaughterer
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It is not even 11:00am and I am already attempting to guess today's 3:00pm rumor.  

Mon, 12/12/2011 - 12:01 | 1970189 gojam
gojam's picture

Try, Where's Clegg !? UK Coalition gov about to fall. (it won't but just watch)

Mon, 12/12/2011 - 11:52 | 1970169 Azannoth
Azannoth's picture

I think we can agree that he did the right thing for all the wrongs reasons

Mon, 12/12/2011 - 11:54 | 1970181 slaughterer
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Agreed.

Mon, 12/12/2011 - 11:56 | 1970184 whatsinaname
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'cos they would have to rein in their debt (NOT) !!

And QE3 launch would be delayed ?

Mon, 12/12/2011 - 12:45 | 1970359 Dr. No
Dr. No's picture

Its because the City of London Corporation told him so.  TCLC has given banks a soverign status which the EU would like to take away.

 

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

Mon, 12/12/2011 - 11:37 | 1970101 theMAXILOPEZpsycho
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Hail Cameron the brave! Finally showing some of that Churchill style Bulldog spirit!

Mon, 12/12/2011 - 11:38 | 1970103 pufferfish
pufferfish's picture

His protectionism of the cabal isn't even vailed. 

Even Thatcher didn't pull right out.

Oh dear.

Mon, 12/12/2011 - 11:43 | 1970127 agent default
agent default's picture

Yeah, because the rest of Europe is really giving the banksters hell.\sarc

Mon, 12/12/2011 - 13:18 | 1970592 eureka
eureka's picture

unfortunately not - mostly because of the French, who here are aligned with theUS Fed/US Empire print & montize "strategy" - whereas Merkel/Germany actually wanted even German banks to take haircuts.

Ironic, isn't it, that the by US so often ridicules French, are so in step with US bailout & pretend agenda?

Whereae the Germans, who's banks got solidly rigged by the GS Squid and US in general, is against bailouts, but bent to the French!

Nuances, Gentlemen. Nuances, which count. US loves Frenchie - today... for the moment...

Mon, 12/12/2011 - 14:25 | 1970920 agent default
agent default's picture

If they give the banks haircuts, then the banks will go to them and ask for a bailout, or something horrible will happen.  What will they do then, turn around and say, the horrible thing will happen to you, now fuck off and die, or just get the taxpayer to bail them out?  Take a guess.  The Germans are full of shit.

Mon, 12/12/2011 - 14:53 | 1971013 Ahmeexnal
Ahmeexnal's picture

Swinegela Merdekel is already salivating at the tought of panzerdivisions crossing into Switzerland and stealing all that gold beneath Zürichsee.  What she does not count on is Swiss superior military.

Always has been. German Landsknechts were a cheap ripoff imitating Swiss pikers.

Mon, 12/12/2011 - 15:40 | 1971237 agent default
agent default's picture

The Swiss do not approve of invading Switzerland.  The place is rigged from top to bottom, every bridge, road, building everything in Switzerland is mined. 

BTW in Switzerland never, EVER even imply that the German speaking Swiss are Germans, or even close to the Germans.  Especially if he happens to be a German speaking Swiss.  Things can get violent.

Mon, 12/12/2011 - 11:38 | 1970105 pragmatic hobo
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Would Cameron do what he did without prior approval of the US?

Mon, 12/12/2011 - 11:44 | 1970125 Harlequin001
Harlequin001's picture

Since when did the Uk ever give a fuck about the US?

The US is busily looking after the UK's interests in Europe because it has been told to.

Who do you think runs American banks? America? Wake up...

Mon, 12/12/2011 - 11:39 | 1970111 the 300000000th...
the 300000000th percent's picture

Bullish

Mon, 12/12/2011 - 11:40 | 1970113 IslandMan
IslandMan's picture

Why can't you 'Mercans get it right ?

It's the Eurozone of 17.  17 in, 10 not in.  There, it's not that difficult, is it ?

Mon, 12/12/2011 - 17:04 | 1971598 DosZap
DosZap's picture

IslandMan

Well, when it's all said and done, there will be ONLY 10.

Then, grab your ankles and kiss your ass goodbye.

Mon, 12/12/2011 - 11:40 | 1970114 transaccountin
transaccountin's picture

It's all about the printing press. England did not accept the treaty simply because its printing press would have been unplugged and its fiat creation handicapped.

Mon, 12/12/2011 - 11:41 | 1970123 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

I think you nailed it

Mon, 12/12/2011 - 11:45 | 1970135 AngryGerman
AngryGerman's picture

precisely. uk banking sector would not survived it.

Mon, 12/12/2011 - 11:48 | 1970153 Harlequin001
Harlequin001's picture

Not a country on the planet would have...

Mon, 12/12/2011 - 11:50 | 1970160 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

yeh, still even if he made the right decision for the wrong reasons, any no to the eurocrates is a good thing

Mon, 12/12/2011 - 11:44 | 1970133 LeBalance
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Peace in Our Time.

Mon, 12/12/2011 - 12:07 | 1970230 DOT
DOT's picture

POT ?

Mon, 12/12/2011 - 12:38 | 1970384 GMadScientist
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Pieces in Our Time

Mon, 12/12/2011 - 11:45 | 1970138 CrashisOptimistic
CrashisOptimistic's picture

This is not rocket science.  London Stock Exchange trading was going to get hit with a transaction tax, the proceeds of which were to go to Brussels.  How could any UK prime minister tolerate that?

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