German Of The Day: Abzocke

That means rip-off.

Abzocke

You know, like the way the German government uses any opportunity it can to rip-off taxpayers (nobody pays more taxes than Germans do)? The latest Abzocke planned is to double the air travel tax in order to fight climate change. And it will definitely not be the last Abzocke to use fighting climate change as an excuse. It’s a brilliant Masche (scam). I mean, when hasn’t the climate changed? They can keep on introducing rip-off tax tricks forever.

Germany’s ruling conservatives have proposed doubling taxes on domestic flights, as part of a wider package to cut CO2 emissions.

The decision was taken by the leadership of the Christian Democrats (CDU), who form a coalition with the Christian Social Union (CSU) and the Social Democrats (SPD).

“We will invest, together with the aviation industry, to make electric-powered flight standard for short-haul flights and to create synthetic fuel to achieve climate-neutrality on medium- and long-haul flights,”

German Of The Day: Diktieren

That means to dictate. You know, like dictators do?

Herbert

When Gutmenschen (do-gooders) go bad. Like all left-leaning artists everywhere, German singer Herbert Grönemeyer routinely goes out of his way to demonstrate how he is on the right side of history by being on the left side of history. But unlike many of his anti-right-wing friends, he actually comes right out and admits on stage that if the populace doesn’t think the right way (namely left) then “it’s up to us to dictate what society must look like.” Sounds vaguely familiar, doesn’t it? Think Germany 1933.

Grönemeyer: „dann liegt es an uns, zu diktieren, wie ‘ne Gesellschaft auszusehen hat.”

German Of The Day: Strafzins

That means “punitive interest rate” and refers to a rates below zero.

Strafzins

It’s an accurate word invention. The ECB has cut rates again and those who save are punished.

The German term “Strafzins”, or “punishment rate” is widely used in the country’s media to refer to interest rates below zero. And a day after the ECB cut rates for the first time since the spring of 2016, it is back in the news.

This is despite the fact there is an alternative German word for negative rates: negativzins (as Michael Steen, formerly of the FT and ECB global media chief, pointed out on Twitter).

Admittedly negativ also has . . . negative connotations. But the use of “straf”, or “punitive”, reflects a widespread perception across Germany that the ECB is penalising savers through its monetary policy.

“They want to pump us up with the credit drug.”

German Of The Day: Graf Draghila

That means Count Draghila.

Draghila

You know, as in Mario Draghi, the European Central Bank President?

Mass-selling German newspaper Bild on Friday accused European Central Bank President Mario Draghi of “sucking dry” the bank accounts of Germany’s savers, a day after the ECB cut interest rates deeper into negative territory.

Next to a photomontage of Draghi with fangs and dressed as a vampire, Bild’s headline read: “Count Draghila is sucking our accounts dry.”

Hoping to kick-start economic activity nearly a decade after the euro zone’s debt crisis, the ECB on Thursday cut interest rates deeper into negative territory and promised bond purchases with no end-date to push borrowing costs even lower.

“The horror for German savers goes on and on.”

Angela Merkel Visits Hong Kong

Just kidding. Why would she do that?

Angela Merkel

German Chancellor Angela Merkel was welcomed with military honors in China on Friday with a business delegation in tow, hoping to secure an economic agreement.

China is Germany’s largest import market and, after the USA and France, and also its most important export market. In 2018 the two countries traded goods worth almost €200 billion ($221 billion).

Hong Kong protesters make plea to Chancellor Merkel.

“Treacherous Manslaughter?”

Getting shot in the head twice with a silenced Glock 29 by an electric bicycle-riding man in a Berlin park in broad daylight?

Russians

Except for the broad daylight part I’d say yeah, that’s pretty treacherous (“treacherous manslaughter” is what the suspected killer is being charged with).

The killing of a former Chechen separatist commander in central Berlin has raised concerns that Russia may have deployed an agent to a European nation to target a Kremlin opponent, a tactic it has been accused of using many times in the past.

The victim, Zelimkhan Khangoshvili, who fought against Russian troops in the second Chechen war 20 years ago, was on his way to Friday prayers last week when he was shot in the head twice by a bicycle-riding man using a handgun with a silencer, according to witness accounts cited in the German news media.

The Russian government in 2006 legalized the killings abroad of people who were judged to pose terrorist threats, resuming a Soviet-era practice.

Russischer Geheimdienst womöglich in Mord an Exil-Georgier verwickelt.

They’ll Never Set Foot In Combat

So why on earth would they need combat boots?

Boots

More Bundeswehr humor. It’s a never-ending source of… Fun.

German soldiers won’t get new combat boots until 2022 – German soldiers will have to wait until 2022 to get new combat boots, in a setback that has angered politicians and raised questions about the readiness of the country’s military.

The rollout of the new footwear, which began in 2016, was scheduled to be completed by 2020 but has now been pushed back to mid-2022.

“Boots are the key to everything. You don’t go skiing with a pair of trainers and you don’t go hiking in high heels.”

Dying?

Long dead is more like it. The German Air Farce.

Air Force

Germany’s Air Force Is Dying: Everything You Need To Know – AFebruary ministry report showed only 39 of 128 Eurofighter jets were available for training and combat use last year on average, and just 26 of 93 older-model Tornado fighter jets.

The problem – for anybody on the outside out there – is assuming that anyone here gives a damn. And the punchline: The German defense minister directly responsible for this just got promoted and will now be running the EU. Get it?

Die Luftwaffe is at a low point.

Happy Potato Day

Just in case you didn’t know, Germans have this thing with patatoes. That’s why a group of German agi-taters lobbied to make August 19 Potato Day.

Potato

I guess that makes the rest of us speck-taters.

Not that I’m complaining or anything, I’m just a commen-tater, folks.

The Germans’ insatiable love affair with potatoes – They were once guarded by the king and are sometimes eaten with apple sauce. For Potato Day on August 19, here are some things you maybe didn’t know about potatoes in Germany…

By the way, how can you tell how fast a German potato is going? Check its spud-ometer.

What Goes Up

Must go flat.

Flat

And then shrink.

Germany’s economy is now shrinking – The mood music had grown so ominous that the shock was somewhat muted. After weeks of dismal survey and industrial-output numbers, it was little surprise to learn on August 14th that Germany’s gdp had contracted by 0.1% in the second quarter of 2019 compared with the previous three months. The economy has been essentially flat over the past year. Household spending, bolstered by wage growth in a tight labour market, has held up but the slump in manufacturing, which represents over one-fifth of output, is deepening. Companies are cutting work hours and issuing profit warnings. Many analysts think Germany is heading for outright recession.

Will the government open the spending taps? Probably not.