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MarketTicker Forums Read Message in NotSoBreaking
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User Info ECB to Wait on Determining Bond Purchase Program . . . in forum [NotSoBreaking]
Argos
Posts: 6338
Incept: 2008-03-23
Gold
The Green Mountain State
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. . . until after the German court's decision on the ESM, according to sources.

From BB Radio.
Argos
Posts: 6338
Incept: 2008-03-23
Gold
The Green Mountain State
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BB coverage:

http://www.bloomberg.com/news/2012-08-24....

Note that the article indicates that the ECB may wait on its decision.

Krs
Posts: 688
Incept: 2009-05-07
Silver
Colleyville, Texas
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I.E. Spain nor Italy is interested in the ECB's programs if they must yield control over budgets or agree to other conditions.

They have told Draghi to stick it!

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Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013
Rvacha
Posts: 8300
Incept: 2008-10-03
Gold
Cleveland
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IMHO the ECB doesn't have a plan.

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"I suggest you panic." - Hugh Hendry
Patriarch
Posts: 982
Incept: 2007-10-18

your account summary
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Sure they do. It's an election year in the U.S.. One way or another, they are waiting for the U.S. pigeon at the poker table to cough up more money to them and keep this scam going.

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Our elected take an oath to serve. Time to add: “I will not serve in a capacity which I am not able to comprehend or am incapable of by mental defect of any kind, nor will I use the excuse of intellective deficiency if found in violation of this oath/affirmation”, which backs charging wayward politicians with treason.
Theox
Posts: 581
Incept: 2009-01-30
Silver
People's Republic of Maryland
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Rvacha +1

Now the ECB can have another press release stating that they have a 'new plan to save Europe' with no details. The S&P should be up about 30 on that news. Rinse and repeat when necessary.
Jubber
Posts: 14174
Incept: 2007-07-05
Gold
UK
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this ramp implies something is happening, can't see why anyone would be buying otherwise here

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Mastequila
Posts: 121
Incept: 2007-09-02

harpers ferry WV
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How can there possibly be a plan? You have a country that can`t pay it`s current obligations and needs to borrow NOW just to keep from going the way of the Arab countries.(Tunisia,Libya,Egypt,Syria). All this crap is ending it does not matter if they REFI at 1% or 10%.The days of deficit spending are coming to a close.
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