Tag Archives: european union

E.U. Chain of Custody

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The busy beaver U.S. Treasury is consulting on the side.  It advised the European Union on the benefits of bailouts. Here’s the NY Times story.  And here’s a link to George Will on the chain of fools.  He says, “Bailing out Greece really rescues European banks that improvidently bought Greek bonds”.

Greek Bail Out

100504bokloresUnfortunately, the real Greek Chorus, public union workers in the streets of Athens, sang a different tune –  Burn Down The Banks! To that end they sacrificed 3 lives.  A small price to pay to preserve a way of life that includes a 2 month pay bonus every year and a full salary pension pension at 60. Go here for more Greek geek from David Ignatius.