Inflation Tax 101

Thanks for the warning, German central bank, one of the main culprits behind the problem you’re warning about.

Germans are suffering large cuts in real pay, Bundesbank report says – Workers in Germany are experiencing large cuts in their purchasing power as modest pay rises fail to keep up with record-high inflation, the country’s central bank said in a report on Monday.

It’s an age-old dirty trick. The EU, the central banks and the German government itself are pursuing policies that magically generate more tax revenue without openly raising taxes. If prices go up 10%, say, the tax receipts increase 10% too. Inflation also reduces government debt (if they borrowed 1000 but only have to pay back 900 in real terms). But thanks for the warning. That’s very considerate of you.

Coronavirus Experts Criticize Coronavirus Experts’ Handling Of Coronavirus By Coronavirus Experts

They did everything wrong. As in we did everything wrong. So we’re warning us not to ever do it again.

A Look at the Worst Mistakes Germany Made in the Coronavirus Pandemic – From the tens of thousands of unnecessary deaths, to neglected children and a helpless vaccination campaign, German politicians deserve poor marks in many aspects of the coronavirus pandemic. Experts look back at the worst mistakes made and offer advice for the autumn.

“The ‘constituency’ of the expert is those who have a vested interest in commonly held opinions; elaborating and defining its consensus at a high level has, after all, made him an expert.”

– Henry Kissinger

American Health Secretary Poses Health Risk For Germany

Geez. You’d think the American Health Secretary would have known enough to get one of those anti-COVID vaccination thingies.

Oh. He did? Several, even? I know, these vaccinations don’t stop you from getting COVID (not anymore), they just stop you from passing it on to others (not anymore). Well, the Germans are going to lock his ass up in quarantine anyway. Or ought to.

Health and Human Services Secretary Xavier Becerra tested positive for COVID-19 on Wednesday while traveling in Berlin, the Department of Health and Human Services (HHS) announced.

“This morning in Berlin, ahead of G7 meetings for health ministers, U.S. Health and Human Services Secretary Xavier Becerra tested positive for COVID-19 after taking a PCR test,” HHS spokeswoman Sarah Lovenheim said in a statement. “He is fully vaccinated and boosted against COVID-19, and is experiencing mild symptoms. He will continue to perform his duties as HHS Secretary, working in isolation.”

German Of The Day: Gaslobbyist

That means gas lobbyist.

Germany to close Schroeder’s office in repudiation of ex-chancellor – Gerhard Schroeder’s publicly funded office is to be closed and its remaining staff reallocated amid mounting dismay at the former German chancellor’s refusal to distance himself from Russian President Vladimir Putin.

Gerhard Schröder to lose Bundestag office this week. The SPD, the Greens and the FDP want to strip the former chancellor (SPD) of some privileges immediately: In a draft for the budget committee, he will be deprived of offices and staff.

German Of The Day: Stiftung

That means foundation. You know, like the “climate protection foundation” SPD Prime Minister (Governor) of Mecklenburg-Western Pomerania Manuela Schwesig created to get around American sanctions to help Russia finish the Nord Stream 2 pipeline – which never went into operation although completed, for some strange reason.

Now that she got caught the “foundation’s” chairman of the board has stepped down so it can quietly be liquidated.

The foundation had been the subject of criticism since its establishment in January 2021 because, in addition to climate protection, its main purpose was to secure the completion of the Nord Stream 2 natural gas pipeline through the Baltic Sea. Companies involved in the construction had in fact been threatened by US sanctions.

Nord Stream 2 AG paid 20 million euros into the foundation’s coffers. Nord Stream 2 was completed – with the foundation’s support. However, because of the Russian invasion of Ukraine, it has not received an operating permit from the German authorities. Schwesig has come under criticism for her long adherence to Nord Stream 2. Accusations have been made that Russian forces pulled the strings in key areas of the foundation. Schwesig had played a key role in promoting the establishment of the foundation in 2021.

The Name That Shall Not Be Spoken

Or at least classified as a “green investment.”

It starts with a “nu” and ends with a “clear” but you didn’t hear that from me because the Green Brain Police here in Germany demand strict adherence to the ideological tenets of environmental dogma. Or something along those lines.

Germany to reject EU green investment label for nuclear power – Germany will oppose European Union plans to include nuclear energy as a sustainable investment in its “taxonomy” policy for labelling green investments, the government said on Monday.

Brussels is seeking approval from EU countries and European Parliament for its plan to label gas and nuclear as climate-friendly investments, which has split opinion among states who disagree on the fuels’ green credentials.

“The Federal Government has expressed its opposition to the taxonomy rules on nuclear power. This ‘no’ is an important political signal that makes clear: Nuclear energy is not sustainable and should therefore not be part of the taxonomy.”

12 Monkeys I’ve Heard Of

And seen (great flick). But 12 Germans? That movie title just doesn’t have enough punch.

By the way: Affe (monkey) in German is also used as an insult when calling someone an “idiot” or a “fool.”

12 Germans who got played by Putin – There’s no shortage of politicians, business leaders and intellectuals who have appeased Moscow over the years. Here are a few of them.

Russia’s war against Ukraine has thrust Germany’s establishment into the throes of a tortured process of introspection, self-doubt and recrimination.

After years of lecturing the West that a bit of Ostpolitik was all that was needed to keep Russia in check, Germany’s political, media and academic elites are now obsessing over a new question: How could we have been so wrong?

German Of The Day: Beleidigte Leberwurst

Literally: Insulted liverwurst. It means to be offended, to sulk, to be in a huff.

Like German Chancellor Olaf Scholz. He’s an insulted liverwurst and won’t visit Ukraine because Kyiv refused to invite his Parteifreund (fellow SPD party member) and Germany’s head of state, President Frank-Walter Steinmeier.

German opposition leader visits Kyiv, Scholz refuses to go – Germany’s conservative opposition leader has traveled to Kyiv for meetings with Ukrainian officials including President Volodymyr Zelenskyy.

German Of The Day: Knast

That means prison.

The imprisonment in London of the tennis legend Boris Becker for bankruptcy offences has triggered an outpouring of shock and disappointment in his native Germany, where he was once hailed as a national hero.

One former fan spoke for many when he said: “He made mistakes for which he’s rightly being punished. But maybe he’ll get up again one day, just like Becker, the tennis player, so often did.”

As Tough As Jell-O

Jermany is.

When it comes to standing up to Vlad Putin himself. Hey, dependency has its price.

German energy firm Uniper ready to meet Russian pay demand – One of Germany’s biggest energy firms has said it is preparing to buy Russian gas using a payment system that critics say will undermine EU sanctions.

Uniper says it will pay in euros which will be converted into roubles, meeting a Kremlin demand for all transactions to be made in the Russian currency.

Other European energy firms are reportedly preparing to do the same amid concerns about supply cuts.