Watch Closely, The Pea is About to be Moved

2012 November 10
by drdog09

A hullabaloo erupted between France and Germany that both governments are trying to silence to death. According to unnamed sources of Zeit Online and Reuters, German Finance Minister Wolfgang Schäuble broached an unprecedented topic with the members of Germany’s Council of Economic Experts on Wednesday when they presented their Annual Report. In its 49-year history of advising German governments, the Council has never delved into policy proposals for other countries. And yet, Schäuble asked them: Could they produce a reform concept for the troubled French economy?

The French, who are currently engaged in national soul-searching and navel-gazing to halt their declining “competitiveness,” were not amused. The office of President Francois Hollande wrapped itself in silence. Prime Minister Jean-Marc Ayrault brushed it off. The German Ministry of Finance declined to comment on “unofficial discussions.” Council Chairman Wolfgang Franz backpedalled: “That’s largely misinformation,” he said. “An order for a Special Report is not even in the most distant sight.” He figured that the French government “wouldn’t tolerate something like that.”

Nevertheless, he said, the government is highly interested in reform ideas that would make the monetary union more stable. And it is in this context that the Council would “think about France” in December. After which they would talk again with Schäuble, he said.

Source

Some advice among friends taken or not generally would not cause much trouble, right? So why is this a real row and why should we take notice?

The squabble of course is a matter of national pride more than anything. But then the French have always been easily offended since the Third Republic fell after Napoleon. But if that is all this was about then why try to bury it on both sides?

Simple. The Eurocrats in their overarching plans of trying to firewall the fiscal bleeding of the PIIGS assumed they could count on three economies as a backstop — England, Germany and France. Well England is in fiscal stasis right now. The economy is just a little bit above room temp and the BoE has become quite insular of late about `assistance`. France along with Germany was considered a pair that could be lenders of last resort to underpin the whole effort. Well it looks like behind the scenes France is nearly as weak as Italy and Italy is on the ropes.

The whole play depended a great extent on perceptions are reality with a long shot at lend now then have a long payback cycle; an entire generation at least. Well they can’t have it leak out that the Frogs are headed for trouble too. The markets could not bear it on the retail side. That ladies and gentlemen is why the money brokers are in a twist. Toto pulled on the curtain and Oz is not amused.

But hey, the French telegraphed their stupidity with a proposed 75% tax rate on 1%ers. It was passed and the government now wonders where all the Alfa’s, Doucatti, and Lamborghinis went? Along with the income to buy them of course. Obama should take note, but I don’t hold much hope he will.

We should however take heed that this is an indicator that old man Europe is much sicker than is being let on. And also heed the reality that our last depression was triggered in Europe.

41 Responses leave one →
  1. 2012 November 10 3:48 am
    [1]
    drdog09 permalink

    Bye the bye, happy birthday to the US Marine Corps.

    Semper Fi.

  2. 2012 November 10 4:08 am
    [2]
    drdog09 permalink

    What is wrong with the picture? It is a core reason for America’s ultimate decline.

  3. 2012 November 10 4:21 am
    [3]
    JBoz permalink

    “It is a core reason for America’s ultimate decline.”

    The fact that we need instructions to eat fruit when it’s fresh is one of many causes.

    The inability of adults to function at a 3rd grade math level is a symptom of it.

  4. 2012 November 10 5:06 am
    [4]
    drdog09 permalink

    Bingo!

  5. 2012 November 10 5:18 am
    [5]
    JBoz permalink

    And when Europe crumbles, guess who will be there to reassemble the pieces into a new society. Do you have your Muzzie name picked out yet? I’m thinking of Jabaaz…kinda catchy, don’t you think?

  6. 2012 November 10 5:32 am
    [6]
    JBoz permalink

    Dr Dog, you might be in trouble. The Muzzie world doesn’t think too kindly about our canine friends.

  7. 2012 November 10 5:35 am
    [7]
    justrand permalink

    drdog, great post, but what troubles me the most about the title are the first two words: “Watch Closely

    The pea IS is about to be moved…but our government, et al, no longer feel they have to do it cleverly. It longer matters if we really DO know which shell the pea is under. The name of the game changed officially on November 6, 2012 from “The Shell Game” to “Give me your money

    The rules of “Give me your money” are vastly simpler than those of “the Shell Game”…in fact they’re loosely based on being mugged an an ATM.

  8. 2012 November 10 5:37 am
    [8]
    justrand permalink

    JBoz: “Dr Dog, you might be in trouble. The Muzzie world doesn’t think too kindly about our canine friends.”

    First they came for the fish (bye bye Mullet)…then they came for the dogs…

  9. 2012 November 10 5:40 am
    [9]
    justrand permalink

    worth a read: http://www.powerlineblog.com/archives/2012/11/gen-petraeus-affair-was-with-his-biographer.php

    the White House knew of the General’s affair before he became the DCIA.”

    DUH! Why on Earth put him in that position if he didn’t come PRE-compromised???

  10. 2012 November 10 5:43 am
    [10]
    justrand permalink

    and while I’m venting…

    I was going to do it differently, but this’ll do ‘er…for all those already planning for the Republican Party to RE-TAKE THE WHITE HOUSE!! [yeehaw!], there’s this from 2000 at the Onion. Enjoy

    http://www.theonion.com/articles/south-postpones-rising-again-for-yet-another-year,377/

  11. 2012 November 10 5:52 am
    [11]
    justrand permalink

    http://www.theblaze.com/stories/rep-trey-gowdy-either-petraeus-will-testify-voluntarily-over-benghazi-or-we-will-subpoena-him/

    IF Petraeus decides to testify…he needs to be VERY careful on his way to the hearing. Very careful. I expect him to NOT testify…I think the leverage they have on him goes beyond an “affair”. I pray I’m wrong.

  12. 2012 November 10 6:02 am
    [12]
    drdog09 permalink

    Yeah, sort of like the bus scene from the Gauntlet (Eastwood, Locke)

  13. 2012 November 10 6:03 am
    [13]
    justrand permalink

    exactly, drdog!! That remains the silliest scene in the history of cinema!!

  14. 2012 November 10 6:13 am
    [14]
    justrand permalink

    Comment I put on a friend of mine’s FaceBook, relative to what should happen now that Obama (his lord and savior) has won…THIS is a snapshot of what I wrote:
    ******
    I say we raise taxes to 90% on everyone making over $250,000. Increase the minimum wage to $20 per hour. Make Capital Gains tax rate 75%. Increase eligibility for Food Stamps to anyone making LESS that $250,000. Slash the military by 50%. Confiscate all property of all those with a net worth greater than $1,000,000, and re-distribute.
    Confiscate the endowments of Harvard, Stanford & Yale, and other mjor universities. Close all foreign bases, mothball the majority of the fleet. Institute a MAXimum wage too…start at $100 per hour. Over 10 years decrease that, and increase the Minimum wage until they meet at, say, $40 per hour. This will ultimately solve the problem. Not exactly the problem most folks see…but it will solve the problem.

    ******

    As they say, “If you’re going to hit a deer…SPEED UP!

  15. 2012 November 10 6:18 am
    [15]
    justrand permalink

    p.s. to Eph (and any other of our Jewish friends)…

    what do you think of the Chinese naming their new “Space Place” (that they’re actively testing) the:
    Shenlong” ??

    and given the similarity to the Yiddish slang word…what can we expect them to do with it???

    Jus’ askin’

  16. 2012 November 10 6:21 am
    [16]

    9 – Makes the timing of this ever more suspect! If this was known for awhile like suspected why the resignation if it didn’t have something to do with the upcoming testimony? Though BB on special report last night was saying the general has said (minutes before that) he does want to testify, but we’ve heard that initial remark before from people who then lawyer-ed up.

    Yup Trey gave the impression last night congress will subpena his ass if he does not come voluntary – it just may not be next week. So if that happens what do you know I was wrong again!! woohoo I’m getting good at being wrong! I should goto Vegas and have people checker my bets.

    I hope for his own sake he tells the truth, the whole truth and nothing but the truth – if he does he’ll be ok otherwise he’s going to be the full on scapegoat – though it’s always possible Hal Jordan is right and it was David’s idea to pitch this video+mob bullshit but truthfully I don’t think he’s that stupid to think it would fly for very long. That type of attitude is more indicative of the current White House then it is of the CIA\DoD types who know just about everything eventually comes out – it’s just a matter of when. My contention is the admin either directly told him to go with that story or as a ‘good’ little trooper he saw what the admin was doing and did his best to playing along – either way it was shameful (Sept 14th testimony) but he has an opportunity now to own up to it. If he tries to split hairs or lawyer up he’s going down hard and his reputation ,what’s left of it, will resemble Breezy Point.

  17. 2012 November 10 6:23 am
    [17]

    Shenlong = spirit dragon

  18. 2012 November 10 6:28 am
    [18]
    bc3b permalink

    JBoz #5 –

    Speaking of Muzzies, over 85% of Muslim Americans voted for Obama.

  19. 2012 November 10 6:28 am
    [19]

    “If you’re going to hit a deer…SPEED UP!“

    Myth-Busters derailed that one, they used a moose but it’s the same basic premise for a deer. /just saying 😉

  20. 2012 November 10 6:28 am
    [20]
    justrand permalink

    schlong = penis

  21. 2012 November 10 6:30 am
    [21]

    18 – By ‘establishment’ logic this probably mean the next GOP must not only be latino but be a practicing Muslim. 🙂

  22. 2012 November 10 6:34 am
    [22]
    bc3b permalink

    Gallup – Biggest gender hap in history:

    http://thehill.com/blogs/blog-briefing-room/news/267101-gallup-2012-election-had-the-largest-gender-gap-in-history

    … and George Stephanopolous launch the Democrats “War on Women” theme at a GOP debate.

  23. 2012 November 10 6:36 am
    [23]

    20 – I was just providing the right Chinese translation. Btw is there any military secrets we can protect from these guys… I mean looks like they stole our sh1t yet again, and already miniaturized it. I know the later probably isn’t the case but when I saw the two photos side by side that’s what came to mind.

  24. 2012 November 10 6:36 am
    [24]

    -is +are

  25. 2012 November 10 6:37 am
    [25]
    justrand permalink

    i know, KH…just providing the Yiddish translation for those who needed it.

    but is it a “coincidence”?? 🙂

  26. 2012 November 10 6:40 am
    [26]
    justrand permalink

    my comment #14 is sincere…I WANT the Republicans in the House to lay down…FLAT and QUICK!

    Whatever Obama wants…give it to him! Get the f*ck out of the way!

    Because if the Republicans give him 99% of what he wants, when things fail the Left/Dems/media will SCREAM: “It was that last 1% that doomed us!!! If only the Republicans hadn’t stopped THAT 1%!!

    Get out of the way, Republicans…let the Dems own every bit of the coming collapse. Help them collapse it!

    I am sober and serious, folks.

  27. 2012 November 10 6:43 am
    [27]

    25 – Well if anything it’s not something the da jews gotta worry about, the fire inside that dragon is likely meant to burn one or more of our own satellites.

  28. 2012 November 10 6:46 am
    [28]

    22 – We need a “war against war memes”, and while we’re at it about how about a “war against shitty ‘journalists’ “.

  29. 2012 November 10 6:47 am
    [29]

    26 – Dude, the gop will get the blame even if gets 110% of what he wants.

  30. 2012 November 10 6:48 am
    [30]
    justrand permalink

    actually, KH, I kinda read the message in the name as: “FU America!” (and here’s the schlong to do it)

    this is only a “test schlong”…the actual schlong will be bigger, harder and longer!! Bend over and brace yourselves…

  31. 2012 November 10 6:51 am
    [31]

    http://www.nbcnewyork.com/news/local/Sandy-LIPA-Outages-Power-Long-Island-Defense-Military-178115341.html
    —–

    Oh… now… you want the military’s help, that same military most of you on LI would vote to slash and burn. 🙄 On on long island just tough it out a couple more days the messiah will be dropping by for a photo-op Thursday and that will solve all your problems.

  32. 2012 November 10 6:52 am
    [32]

    30 – Can’t blame the chi-coms for having penis envy… /just saying

  33. 2012 November 10 6:53 am
    [33]
    justrand permalink

    KH, I agree…then the Dem line will be: “Why didn’t the Republicans STOP US???”

    it’s a sucker’s game…aptly titled: “You Lose”

    so…why play?

  34. 2012 November 10 6:57 am
    [34]
    justrand permalink

    new post titled: “Lather…Rinse…Repeat” going up in 20 minutes

    loosely based on this advice from ‘War Games’

  35. 2012 November 10 7:00 am
    [35]

    http://philadelphia.cbslocal.com/2012/11/09/gov-christie-lashes-out-at-media-for-awful-reporting/

    Funny governor you were not lashing out a week ago at them as mis-portraying your embrace, but you pick this minor detail that nobody really gives a sh1t about to nitpick over? (still the media did get a minor detail wrong)

  36. 2012 November 10 7:23 am
    [37]
    JustMary permalink

    I think the title of Spirit Dragon is significant. Can someone give me the details of what it does? Because it might make sense to me of a verse or two.

  37. 2012 November 10 7:27 am
    [38]
    justrand permalink

    geez, JM…what does a SCHLONG do?

  38. 2012 November 10 7:35 am
    [39]
    JustMary permalink

    Not the meaning you say, but the actual words ‘Spirit Dragon’. Silly.

  39. 2012 November 10 7:36 am
    [40]
    JustMary permalink

    Yay! My gravatar showed up quickly!

  40. 2012 November 10 7:51 am
    [41]
    drdog09 permalink

    KH,

    Not to worry about the Chins stealing our stuff. The next billion pixel camera will be in the next iPad knock off for $250. Technical parity for everyone. The only impeidment is being able to get the camera in orbit. 🙂

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