The Regulator Failed?

July 6, 2020 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: BaFin, Bureaucracy, Bureaucrats, German, Germans, Germany, Government, Government spending, Government Waste, Regulation, Regulators, Wirecard Leave a comment

Well, then let’s give the regulator more money and personnel.

To ensure that they keep on failing in the future? Government in action, folks. If it’s not too big to fail it’s too much of a failure to fail, I guess.

Germany to overhaul regulator after Wirecard scandal – Germany’s finance minister wants to beef up the nation’s financial regulator in the wake of the Wirecard scandal. The finance watchdog admitted its ineffectiveness in preventing the auditing disaster.

“If we come to the conclusion that BaFin needs more money, more jobs and more competency, I will make every effort to ensure that this happens.”

You’ll Be Pleading A Long Time, Joshua

July 3, 2020 By Hermann Observer in Habitudes, Hard Facts, Helplessness, Hideology, Hurt Feelings, Hypocrisy Tags: China, Communism, Democracy, German, Germans, Germany, Hong Kong, Joshua Wong, Profit, Protests Leave a comment

And then all you’ll get will be some pious platitudes.

China can do no wrong in German eyes – with all those dollar/euro signs in there.

Hong Kong activist Joshua Wong pleads for Germany’s support – Hong Kong pro-democracy activist Joshua Wong has called on Germany to intervene over a controversial new security law imposed by China. Police arrested hundreds after the law went into effect earlier this week.

“I ask the German government: Look at what is happening in Hong Kong and call it by its name.”

German Of The Day: Beschlossene Sache

July 1, 2020 By Hermann Observer in Hard Facts, Helplessness, Hideology, Home Cooking Tags: Defense, Defense Spending, German, Germans, Germany, Language, Military, NATO 1 Comment

That means it’s a done deal.

President Donald Trump has selected an option for withdrawing U.S. military personnel from Germany and redeploying those forces elsewhere, the Pentagon announced Tuesday night.

The movement of 9,500 U.S. service members from Germany resurfaces claims made by the Trump administration that the NATO ally has been “delinquent in their payments” to the alliance.

Der Abzug von rund 9500 US-Soldaten aus Deutschland ist beschlossene Sache.

That Would Be A Great Step Forward

June 29, 2020 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hostility, Humility, Humor, Hurt Feelings, Hysteria Tags: Angela Merkel, Defense, Donald Trump, Exports, German, Germans, Germany, NATO, Nord Stream 2, Russia, Tariffs, Trade-War, Troops, Vladimir Putin Leave a comment

America’s relationship with Germany may never be the same again, Berlin warns.

Defense spending, a brewing trade war between the U.S. and Europe and the threat of U.S. tariffs on German car exports are all bones of contention, as well as the mega gas pipeline Nord Stream 2 (a German-Russian project) and, most recently, the Group of Seven (G-7) alliance and the U.S.’ decision to withdraw troops from Germany.

The Germans don’t want to cooperate, not in any of these areas and they’re playing the victim by putting all the blame on Dr. Evil. It’s a pretty easy tactic to see through and its been quite successful up until now. They got themselves into this mess, however. Germans always want an Extrawurst (an extra sausage, something for nothing). Trump sees this and is pointing the finger in the right direction. The Germans know that he sees this and they don’t like having been caught.

“We’re protecting Germany and they’re delinquent. That doesn’t make sense.”

“Collective Response?”

June 26, 2020 By Hermann Observer in Hard Facts, Heconomy, Helplessness, Hideology, History, Home Cooking, Hurt Feelings, Hypocrisy Tags: EU, Eurozone, Gas, German, Germans, Germany, Nord Stream 2, Oil, Poland, Russia, Sanctions, USA Leave a comment

Most likely, if it’s directed against US-Amerika everybody jumps on board.

Germany Weighs Measures Against U.S. Over Nord Stream Threat – The 1,200-kilometer (745 mile) pipeline under the Baltic Sea, designed to pump Russian gas directly to Germany, has triggered deep division between EU member states. But the prospect of a direct U.S. intervention in the 27-member bloc’s energy interests should prompt a collective response, said the officials, who asked not to be identified.

“The government is called upon to develop and put forward proposals for a measured, clear reaction on behalf of Germany and the European Union.”

German Of The Day: Dax-Zombie

June 25, 2020 By Hermann Observer in Habitudes, Hard Facts, Helplessness, Hi-tech, Hideology, Home Cooking, Horror, Humility, Hurt Feelings, Hypocrisy Tags: Blue Chips, Corruption, Crime, Criminals, DAX, German, Germans, Germany, Language, Stock Market, Stocks, Wirecard Leave a comment

That means DAX zombie.

For the first time, a DAX company, Wirecard, has gone broke but won’t be kicked out of the index until September.

Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive.

The digital payments company said in a statement Thursday it had opened legal proceedings in Munich “due to impending insolvency and over-indebtedness.” Share

Mit Wirecard ist zum ersten Mal ein Dax-Konzern pleite gegangen. Aus dem Leitindex fliegen dürfte der Konzern aber erst im September.

Everybody’s Doing It These Days

June 21, 2020 By Hermann Observer in Habitudes, Hard Facts, Hate, Helplessness, Hideology, Hostility, Hurt Feelings, Hypocrisy, Hysteria Tags: Antifa, BLM, German, Germans, Germany, Leftists, Looting, Riots, Rule of Law, Stuttgart Leave a comment

Another import from evil US-Amerika that one absolutely, positively has to have?

Germany: Riots and looting grip Stuttgart – The southwestern German city has seen a night of rioting and looting, with several police officers injured as hundreds of people took to the city center. “The situation is completely out of control,” the police said.

The media is still pretending not to know who is behind it although everybody in their right minds who aren’t on the left already know.

„Teile der linken Szene überschreiten hier gerade Linien, was wir für Stuttgart bisher so nicht gekannt haben.”

This Is The Real Problem

June 19, 2020 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings, Hustle (Hoax), Hypocrisy, Hysteria Tags: Armies, Bundeswehr, Defense, Defense Spending, Donald Trump, EU, Eurozone, German, Germans, Germany, Military, NATO, Spending, Troops, Ursula von der Leyen Leave a comment

Not Donald Trump withdrawing American troops.

The Germans want a free ride and they’re offended at having finally been caught.

The Sorry State of Germany’s Armed Forces – Trump’s calls to withdraw U.S. troops from the country are impulsive, but Germany isn’t blameless.

The German armed forces are in a sorry state, and that’s not because Germany, more important to NATO’s efficacy as a collective defense pact than any other European member state, lacks the means to fix this problem. It does not.

Germany’s gross domestic product, valued at $4 trillion, ranks fourth in the world and first in Europe. The country is also Europe’s technological powerhouse. Indeed, in 2018, the World Economic Forum hailed it as the world’s leader in technological innovation.

And yet the German military remains riddled with problems. A damning 2019 report (available in an English-language summary) issued by the Bundestag’s then commissioner for the armed forces, Hans-Peter Bartels, summed up the problem.

PS: Please note here that the woman who ran the Bundeswehr for years and years and proved to be unable to fix it is now the woman EU technocrats (voters weren’t asked) have chosen to fix Europe.

German Of The Day: Säumig

June 16, 2020 By Hermann Observer in Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Humility, Hurt Feelings Tags: Armies, Defense, German, Germans, Germany, Language, Military, NATO, Spending, Troops Leave a comment

That means delinquent.

You know, as in Donald Trump accusing Germany of being “delinquent” in its payments to Nato, and saying he would stick with the plan unless Berlin changed its course? The truth hurts, Germany. “Why does Germany pay billions to Russia for energy and then we’re supposed to protect Germany from Russia? How is that supposed to work? It doesn’t.”

Trump confirms plan to cut troops in Germany – US President Donald Trump has confirmed plans to withdraw 9,500 American troops from bases in Germany.

„Warum zahlt Deutschland Russland Milliarden Dollar für Energie, und dann sollen wir Deutschland vor Russland schützen? Wie soll das funktionieren? Es funktioniert nicht.“

What’s An Increase Of 42% Among Friends?

June 15, 2020 By Hermann Observer in Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: Brexit, Budgets, Debt, EU, Europe, Eurozone, German, Germans, Germany, Government Waste, Redistribution Leave a comment

Somebody just slammed Germany in the face with a brick. I mean a Brexit.

Germany to contribute 42% more to EU budget: report – The European Commission would like to see €13 billion more per year from Europe’s largest economy. EU leaders, including Angela Merkel, are meeting Friday to discuss the bloc’s future budget.

Germany currently contributes an average of €31 billion a year to the EU budget. The proposal for the new budget would raise that contribution to €44 billion — an increase of 42%.

Observing Hermann

“Was interessiert mich mein Geschwätz von gestern?”

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