2014-03-12

Luxembourg Vetoes EU Bill; Technocrats Call It A Major Setback

On a continent that, let's face it, expropriates wealth, Luxembourg maintains some sense of sanity. Alas, it's a matter of time before it goes along once the Swiss enter an agreement with the EU.

"European Union finance ministers failed once again Tuesday to agree on a sweeping new policy to fight tax evasion because of resistance from Luxembourg, a tiny country that long has prospered from a secretive banking culture."

And?

What's your point? It's not necessarily a bad thing. 

Setback? I like to see it as standing up to statist bullies who want their money.

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