End ECB Dictatorship!

     So demanded a female protester at Mario Draghi's speech this morning as she jumped up on his desk and threw confetti on him.

     "A female protester interrupted the European Central Bank's press conference on Wednesday, screaming "End ECB dictatorship" while she rushed the stage and threw what looked like confetti.

The action happened as ECB President Mario Draghi was delivering opening remarks after the bank's latest policy meeting."

    "Draghi reappeared on stage a few minutes later and carried on with his remarks."

     "Some activists accuse the ECB of trying to enforce budget austerity measures on eurozone countries, such as Greece, that are under financial bailout programs."

      http://www.startribune.com/world/299826381.html

      I actually saw her jump on his desk on CNBC a few minutes ago, but what I found interesting is that neither CNBC's Joe Kiernan or Stephen Liesman could understand why anyone could be annoyed with the EU. 

      Liesman actually claimed that the ECB hadn't pushed austerity-'except maybe a little in the peripheral countries.' Well how do you know that Ms. Confetti doesn't come from one of these 'peripheral countries'-that apparently Liesman doesn't think matters too much?

      He also pointed out that the ECB has lent the Greeks all this money-yes but at very onerous terms. Meanwhile, Germany worries that Greece has ruined a good thing:

      http://www.cnbc.com/id/102573774

      P.S. Liesman continues to be confounded reasoning that the protester can't be from the Left as Draghi has allegedly doing all this great monetary easing. He wondered if maybe she's upset that there aren't more women in the ECB. 

      All of which just underscores how differently a big shot at CNBC sees the world than the rest of the world does. 

      The loans to Greece have come with the demand for austerity-balanced budgets and structural reforms, etc-and as for the recent QE, it's a positive but still probably the ECB hasn't gone as far it should have gone. 

       But in the world of CNBC talking heads, there's this terrible worry about ultra loose money.