Tuesday, February 28, 2012
Saturday, February 25, 2012
Fighting money laundering a constant battle for banks - Business - MiamiHerald.com
Tuesday, February 21, 2012
This Bailout Isn’t for Greece
Monday, February 20, 2012
Now The Rest Of Europe Has Made Sure It's Protected, Greece Can Go To Hell
http://articles.businessinsider.com/2012-02-18/europe/31062299_1_eurozone-bailout-funds-greece
After years of stubborn denial, incompetent European leadership is slowly getting it. I have always thought that the rush to a common currency was a cognitive distortion, a perfect blunder and a betrayal of the founders of the European ideal. I was wrong about how the misguided Euro policy was going to implode: I was convinced it would arise in the German-French tandem, based on about half a century of continued French devaluations. What would happen if by following that historic pattern that put France repeatedly in a situation where best policy dictated a devaluation of the French Franc? With the Euro, that important adjustment was lost, whereas there was very little common economic policy. That being said, oh surprise, it is one of the smaller economies that brings havoc. I still argue the same way as a couple of years ago, when the crisis unfolded:
"There are only two choices for Greece: either return to the drachma and devalue, or cut salaries, pensions and social benefits. Others will have to do the same. Promoting a common currency, a common defense, a common foreign policy without a common government is stupidity and incompetence by the "leaders" in Europe. It is also a betrayal of the ideas of the founding fathers." (May 31, 2010) at: http://feierwon.blogspot.com/2010/05/greece-urged-to-give-up-euro-times.html
The Luxembourg Finance Minister Luc Frieden is quoted in this article which shows that he is drifting away from the political correctness and from official Europe's fallacious policies and group think. He seems to join the German Finance Minister Wolfgang Schäuble. How could anyone think that uninterested and unlimited help would come from better-off countries, and how could anyone think that people would understand the need for endless hardship?!
Saturday, February 11, 2012
Anonymous Visitors to Luxembourg Porn Site Exxxposed by Anonymous
Yep, 350,000 users. What a business!
The hacker is a 17 year old living in Morocco. My guess is that if he is caught he'll pay dearly. Indeed he must have lied about his age when he entered an "adult entertainment" site, don't you think?
Please see here for yourself. Sorry, no names released yet.
http://www.usatoday.com/news/nation/story/2012-02-11/hackers-anonymous-brazzers-porn/53048096/1
Thursday, February 9, 2012
Luxembourg Grants UNRWA €15 million
http://english.wafa.ps/index.php?action=detail&id=18932
First, a useful glossary: United Nations Relief and Works Agency for Palestine Refugees (UNRWA)
Excerpts:
"Luxembourg announced a multi-year financial commitment of €15 million to UNRWA, increasing its annual contribution to the Agency’s core work through the general fund to € 3.75 million until 2015, which represents an annual progression of some 36%, Wednesday said a press release by UNRWA."
..... ....
Friday, January 20, 2012
A Hacker Hacked Luxembourg Style. What the Heck Says Gov?
The Luxembourg Press reported that the unexpected happened. A hacker got hold of about 48,000 medical files of Luxembourg athletes or aspiring athletes set up for a certification.
Minister Bildgen said at a press conference that hackers are becoming more and more sophisticated. In this case the inventiveness of the hacker went to new heights:
One of the professionals in a Ministry had put his user name and password on a memo stick glued to his computer screen, in order to remember both. To blame are of course Luxembourg Government regulations that make those access codes too convoluted to remember them easily. In this case I learnt from generally untrustworthy sources that the user name was "alibaba" and the password was "letmein". Minister Schneider (no the other one) hence surmised that the hacker probably took a picture of the memo with his Android, no it wasn’t an iPhone (so it wasn’t me) and while watching over his left shoulder, snatched the picture thus smuggling it out of the premises, unbeknownst to the people there, who were not told by the hacker that he had obtained a publicly available official secret.
The new password will be from now on: “Sesame”
Hey, Andy Schleck, do you know if Contador was in Luxembourg these days and does he have an Android?