Sunday, May 22, 2011

ECB goes ballistic on reprofiling


First the news:

http://www.eurointelligence.com/article/article/ecb-goes-ballistic-on-reprofiling-and-strauss-kahn-resigns.html

"The FT reports that Jean-Claude Trichet walked out of a recent meeting chaired by Jean-Claude Juncker in protest at Juncker’s proposals to reprofile Greek debt. FT Deutschland reports this morning that Trichet told finance ministers on Monday night that the ECB would respond to a reprofiling by refusing to buy any new Greek debt instruments (meaning it will not be part of any voluntary arrangement in respect of its own Greek debt portfolio). Furthermore, the ECB would refuse to supply the Greek banking system with any further liquidity."

Now the parody:
Hitler is mad about the Greece Bailout



"%$##@ lazy Greeks!
They have the olympics then think they can sit around and do nothing!
They should be kicked out of the EU.
Then they can just go devalue their currency just like they used to.


If we bail Greece out then what's next?
We will have to bail all the bastards out!
Portugal, Spain, Ireland! The whole lot of them!"

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