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Paulson’s Bazooka Reemerges: Greek Finance Minister Wants EU To Put “Loaded Gun” On Table To Protect Him From Speculators

Courtesy of Tyler Durden

This is getting plain moronic. First, in July 2008 we were hearing all sorts of idiocy, spewed by Paulson about some loaded bazooka that the Treasury had but would never use. Well, the Treasury not only ended up having to use it but it turned out to be the biggest dud in the history of capitalism, Paulson’ tendentious blatherings in his publicistic memoir notwithstanding. And now we have the Greeks using precisely the same line. Today in an interview before CNBC, Greek Finance Minister G-Pap II (not to be confused with G-Pap JR, the Prime Minister, or G-Pap 0, the guy who started it all) said he was looking to the EU to put a “loaded gun on the table to defend Greece’s financial markets.” We were expecting a laugh,  a cackle, a snicker, or some indication the man was joking. He wasn’t. We all recall that the system started collapsing about a month after the famous Paulson loaded weapon reference. We expect the same this time.

From G-Pap II: “We want basically a loaded gun to be on the table. We hope we will never have to use it. However, it is important for the stability of the euro zone that such a mechanism is there.

Next: the line up of anyone punching a Sov CDS trade ticket before a Greek firing squad. Literally.


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