F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

Gone with the wind?

I don't know why but my last entry is gone. It was a message to Mr Draghi: Here are the relevant part of the rules for the ECB:

Alticfe 104 1. Overdraft facilities or any other type of credit facility with the ECB or with the central banks of the Member States (hereinafter referred to as "national central banks") in favour of Community institutions or bodies, central governments, regional, local or other public authorities, other bodies governed by public law, or public undemkings of Member States shall be prohibited, as shall the purchase directly from them by the ECB or national central banks of debt instruments.

So what does this bloody bastard do not understand. No financing of states.