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Bailout II: The Eurozone


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2011 Nov 22, 4:00am   4,786 views  9 comments

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Gentle Reader,
We are going to bailout Europe. You and I are going to bailout Europe. This is why those turds are taking their time in solving their little problem. They are waiting for a midnight visit from US Santa Taxpayer.

Shit.

Regards,
Roidy

P.S. Don't kid yourselves about this. If Washington can't do it 'publicly', then they will do it on a backdoor bailout. We are fucked.

#eurozone

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1   PockyClipsNow   2011 Nov 22, 9:48am  

Did they ever pay us back for taking care of their little Hitler problem? lol

2   anonymous   2011 Nov 22, 12:43pm  

Gentle Reader,
I'm not sure one can monetize the PIIGS debt. The magnitude is huge. Think of it as one humongous penis that no condom can cover.... or a penis that requires the use of a British system condom. Europe is going fuck us with the Feds approval and encouragement.

See, we don't get 'paid back' for the money that we lend or give or pump up their collective anus with a firehose. You never get that money back. TARP is a prime example. See, we give money in many ways: 1) bailout (TARP, etc.), 2) Fed cutting monkeyshines with the quantitative easing (flushed through the banking system with Taxpayers ultimately paying the interest going to the bankers trading desks). 3) the money those Fucktards lost (our money, not theirs). 4) the money that the Gov't will not collect because of the dropping tax revenues from the unemployed workers who no longer pay income tax, 5) the bad health from bad diets due to bad food. 6) and more and more and more.

We are not getting paid back. Never. Now, how did you like that shit filled donut with the delicious sugar glaze? I hope you did because we ordered a half dozen. Hmmm. It's warm, fresh, and hot! They are especially good with milk!

What's that you say? It's not milk? Don't worry. It's not Krispy Kreme you're getting, either.

Regards,
Roidy

P.S. Another one of Turbo Tax Timmy and The Bernanke's rat fucks. We are the rats. FYI.

3   clambo   2011 Nov 24, 3:42am  

I hope that we let Europe alone and not bail them out.
A couple of debates ago the CNBC guys asked the candidates "what would you DO if Italy imploded?" Their answer was "nothing, let Europe figure it out".
Exasperated, Maria and Jim said "what about the stock market!?"
The candidates "Let them figure it out, it's not our problem."
The CNBC talking heads almost shit their diapers. It was great!
We should be getting that 285 trillion cubic feet of natural gas, liquify it, and sell it to the freezing Europeans and make a TON of dough from those latte-sipping dilettantes.

4   anonymous   2011 Nov 24, 5:05am  

Gentle Reader,
I have been reading the Germans have had a poor result from a bond sale. Maybe this will compel them to work with the rest of Europe to solve their problems. Privatize the debt and have the US pay the losses. Sounds like a winner to me. Oh no, the US doesn't want to shoulder their 'fair share' (read: 'all of the') burden? How unfair. Now the Germans are in trouble. Now we will get some action on their part to solve their problem.

Unless Turbo Timmy panics because that is what he does best. If he can just hold it together, then Europe will solve its own problems.

Fucktard Asshats.

Regards,
Roidy

P.S. Fuck you for slow walking this crap in hopes that our Gov't will do it for you. Turd balls. Didn't we bail your banks out once already

5   nope   2011 Nov 24, 1:17pm  

The US military is essentially a foreign aid program for Europe. The reason why we spend so much is because they spend so little.

I'd much rather have half of our military spending, but have public health care and free education.

6   anonymous   2011 Nov 28, 10:00am  

Bloomberg: Wary of Europe's deepening debt crisis, President Barack Obama said Monday the United States stands ready to do its part to help the continent, even as the White House ruled out any financial contributions from U.S. taxpayers.

Gentle Readers,
I'm afraid this means that we are on the hook. When the denials start, the truth is the denial of the denial.

Regards,
Roidy
P.S. Those Fucktard Asshats. I knew that we would be screwed. The Eurozone only had to wait long enough.

7   anonymous   2011 Nov 30, 9:53am  

Gentle Reader,

""The central banks of the world have resolved that there will not be a liquidity shortage," said David Kotok, chairman and chief investment officer of Cumberland Advisors. "And they have learned their lessons from 2008. They don't want to take small steps and do anything incrementally, but make a big bold move that is credible."

No, it isn't US Taxpayers who are now at risk; it's everyone at risk. All they had to do was wait.

Regards,
Roidy

8   anonymous   2011 Dec 10, 11:54pm  

Gentle Readers,
The latest from the Eurozone debacle:

British PM David Cameron "..was effectively asking for a softening of regulation on Britain's financial sector at a time when many voters and politicians believe banks are largely to blame for the crisis Europe is suffering and want tighter regulation on the sector."- Reuters News.

Well no kidding. A case in point: AIG Financial Products was centered WHERE??? London! WHY??? So that AIGFP could do what they wanted without any interference from any of Wall Street's Boody Calls aka the Federal Reserve, SEC, CFTC, FBI, NY Attorney General, etc.

Bitches.

Reports say that Bernanke was pretty pissed off at AIGFP. Soooooo, The Bernanke generously volunteered to backstop AIG FP with Fed Crap Collateral Loans along with that corrupt motherfucker Hank Paulson and Turbo Tax Timmy.

Make no mistake. The British didn't bail AIG FP out. We did. The worst of the mess was in London. The City. Shit Central was AIG FP. They had written the "insurance policies" aka credit default swaps.

Now, the Brits want to avoid all regs whatsoever. Why shouldn't they? If things go bad again - and they will much sooner than we have been told - we will bail them out. We, the US. We will not have a choice.

When does all this crap stop? Never? Will it all end like the Great Depression ended? 50 million dead in the largest, nastiest, war in history? Our enemies couldn't even bring themselves to a honorable surrender. Both had to be completely crushed and one required two atomic bombs to convince them to stop.

Joe Cassano is a pimp, and the British own the Whore House. You fools. You made yourselves filthy rich, but I just can't believe that much money will make all of this ok. Not if you are human. Now, you are probably psychopaths in which case you don't care. Fuck you for doing this to us, and fuck you again for not wanting to make it right.

Regards,
Roidy
P.S. I almost forgot: Fuck you European Union for slow walking this. I know why you did that, too. EU had to wait until Greece was beyond hope because to do otherwise would mean no U.S. bailout. Just FUCK YOU!

9   grondeau   2011 Dec 11, 8:11am  

Just remember, if you have a mortgage, inflation is your friend. A little money printing can go a long way to making it easier to pay off that loan. We should be afraid - really afraid - that the bankers get their way and get their bailout backed by consumers going further into debt, rather than by debasing the money supply which the 0.1% have plenty of and the rest of us don't. There are winners and losers with inflation. The 99% are the winners. You don't hear this side because the 0.1% control the media.

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