Oh, yes they are so endless stupid that it hurts anyone else. The politicians (sorry deledefs) have initiated the whole crisis stuff. Never were able to get along with their stolen money (read taxes) and never enough credit for whomever they deem worthwhile. And now they did it again. No thinking just...
Well they name it euphemistic "safety chute" and they simple ignore laws they themselves have decided. Last year it was Greece, this year it's going to be Ireland. Well the Irish have lived beyond any means and have obviously had a way too high "growth" rate in the paste. However...
especially Bernanke and not to forgot Geithner and last but not least expert Krugman. That they have to suffer under their own decisions. Guess Obama on Medicare or the like. Wouldn't it be wonderful? Well that will not happen. If the retire they will with something above 10000-20000 Dollar each...
the Raid is on it's way. Only if the Bundesverfassungericht stops this deledefs, things can have a positve turn. My last message about Investors now is all too true. You may make contracts with german governement, but don't count that they will stick to it. If it fits them, they may try to seize...
If you invest in the EU or Euro zone be prepard to not just econimic hindrance, expect the worst from politicians. Think of taxes on investments and the like and you may not be suprised. If you feel contract have to be obeyed, then forget this as soon as you make contracts with governement agencies....
Even frauds, are not a reason to throw out the defrauders. So the questions about help for those breaking all rules, are answered. The politicians do not care a bit. If they steal, they name it taxes, if the do black-mailing it's helping EU partners. If it's burning money, then they all are there...
Well two things. I wrote abotu it in my other blog but Mises hast taken it also: http://blog.mises.org/archives/011583.asp This is about homeschooling and the impossibility to do it in Germany. Shame on us. Here's another story: The governement was offered a CD or DVD with data from supposed to be...