F Dominicus Blog

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

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We're so stupid
let's do it again First debt cut for Greece 70 %. Gone. Changes none. Now a second debt cut (around30%) is in "making" (you just have to guess once whom to thank for that) I guess in the mean time every cent Greek spend may consist of >...
If lies do not cut it any more
Maybe we see the end nearing. The debts worldwide were soaring the last 3 years and still there is not relief. It can not come as a surprise to the austrians, liberals or libertarians. What we have seen was and just is "credit expansion". The...
Black mailing
Greece finance minister warns, if the EU let Greece down. Guess what Greece alone has 330 billion of debt. and if they fail the end will come. Well hell one might think "Finally" All EU countries have debts beyond imagination and beyond anything...
At leat some good news
English banks reduce their exposer to EU risks: http://www.telegraph.co.uk/finance/financialcrisis/8584442/UK-banks-abandon-eurozone-over-Greek-default-fears.html 1:100 that Merkel and Sarkozy will name them speculates. Or traitors or such Greeks history...
Ayn Rand has "named it!"
Now it's done. Laws so not save non-defrauders but,helps defrauders to accomplish their raids. The US and EU are the first countries with laws, which help criminals. And even best a party supposed to be more liberal than anything els here has say...
A new round of insanity
Ah, well somone would call it "Living in interesting times". I'd rather read it like, going to die. The EU considers now (b)failing out Countries, our first try Greece, next stop (who knows) but it can't took that long till it's...