F Dominicus Blog

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

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Is there an end?
of believing into lies? It seems our capacity to accept lies is nearly unbounded. The newest "gags". Greece has lied and has presented figures not even near the truth. Still they get payments of other "partner". Now they told our just...
Our banking systems are broken beyond fubar
Well the longer the crises lasts, the more obvious it gets. Our banking-system is a sham. It allows banks to generate money out of nothing and even worse it allows defraud on the banking customers. You don't believe me. Well then let me ask you just...
Remarkable
Saving the delebets way does not mean cut one's expenses but highering ones income. Now this time it Italy. A higher tax for the rich, a higher tax on capital gains etc, but not mentioning cutting down the expenses FIRST. I guess that's what GDP...
It goes on and on
Yes the EU safety chute should get fixed. This time with "much" more hefty punishments. If a country does not do this or that then the get very high fines. (Might be interesting trying to fetch that fine if the country is bankrupt, but I guess...
Do you remember?
Paulson ... do some bells begin to ring if you hear that name? Glad you're with me. Yes it the Paulson which demanded 700 billion Dollar. Now sit down, we European can be nearly as good. The illegal safety chute (illegal in the sense, how I understand...
If it comes to debt
nobody can beat the USA. The unbelievable sum is somewhere around 14 000 000 000 000 (14 trillions) the new debt every day is a around 4 000 000 000. That are new debt of around 1 200 000 000 000. And yet it's not "enough", As we learned...