Thursday, February 11, 2010

EU leaders reach deal to rescue Greece from debt crisis, President Barroso says

It would appear that the Greeks have got out of jail. It's not going to do anyone any good, of course, because the bailout of yet another bankrupt entity is piling far worse news down the road, as The Duke has already reported.

However, in the meantime, I bet all the spending politicians in Portugal, Italy, Greece, and Spain are having a great big tax-fed party at the moment, because Uncle Bailout will always be your friend, no matter how much you waste on your tax-feeding clients. Let the spending rip once again, courtesy of the British and the German taxpayer.

Better make mine a large Ouzo, peeps, while I've still got any money left.

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