F Dominicus Blog

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

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TARP the EU way
Yeah guys. the TARP money has "vanished" like snow in the sun. Nobodoy know cares or ask where it's gone. Now the EU has seen it and though by themselves. What a great thing. Money for nothing and the gigs for free... And voila now it's...
Moral hazard² or not?
Just a reminder the EU president Baroso, wants an action to help out Greece. The Maastricht Vertrag is very clear about this: Die Union haftet nicht für die Verbindlichkeiten der Zentralregierungen, der regionalen oder lokalen Gebietskörperschaften...