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

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.

More Sophisticated Argumentation

Anti-Vaxxers = Nazis.

I know. This comparison has never been tried before. That’s what makes it so, I dunno, sophisticated or something. Yawn.

German Anti-Vaxxers Are Fleeing to Paraguay Just Like Nazis Did 70 Years Ago – A failed Aryan colony, runaway Nazis, and loose coronavirus regulations have led to a flood of European anti-vaxxers arriving in the South American nation.

Smell That Coffee

Suddenly, for some odd reason, “LNG” is no longer a dirty word/acronym in German anymore. It used to mean “dirty, awful US-Amerikan fracking gas.”

It looks like they changed that definition recently so it probably won’t be long before the Germans will be explaining to the rest of the world how to do LNG the right way.

The Cabinet approves bill to speed up construction of LNG terminals – The Cabinet on Tuesday approved a bill to speed up the construction of floating and fixed LNG terminals and the pipelines needed to connect them to the gas grid. The Bundestag and Bundesrat still have to approve it.

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: Hörig

That means to be obedient, servile, to be in bondage or a slave, etc.

You know, as in “Germany is in bondage to Putin?”

For weeks, Olaf Scholz (63, SPD) has been hesitant to supply Ukraine with heavy weapons. In an interview on Friday, he spoke about his reasons: Concern about World War III and a nuclear conflict.

This has met with sharp criticism not only in Germany, but also in Europe. And in the U.S., too, people are reacting with displeasure to the chancellor’s lurching course. “What must happen for Germany to finally stand up to Russia?” the Los Angeles Times now asks in a commentary.

German Of The Day: Unverbesserlich

That means incorrigible, unreformable, incurable, dyed-in-the-wool.

Take Gazprom Gerd, for instance. Please. The Germans have pretended to be upset by his post-chancellorship antics but have secretely admired him all along, handling him with kid gloves (anyone who stands up to evil US-Amerika is a hero here). Now, with this little Ukraine thing going on, the bill finally has to be paid and everyone’s upset and wondering how they got here. Will there be consequeces for him? Of course not. Gazprom Gerd is Gazprom Gerd, after all.

The former chancellor who became Putin’s man in Germany – On the evening of Dec. 9, 2005, 17 days after Gerhard Schröder left office as chancellor of Germany, he got a call on his cellphone. It was his friend President Vladimir Putin of Russia.

Putin was pressing Schröder to accept an offer to lead the shareholder committee of Nord Stream, a Russian-controlled company in charge of building the first undersea gas pipeline directly connecting Russia and Germany.

“Are you afraid to work for us?” Putin had joked. Schröder might well have been, given the appearance of possible impropriety; the pipeline he was now being asked to head had been agreed to in the final weeks of his chancellorship, with his strong support.

He took the job anyway.

Seventeen years later, the former chancellor, who recounted the events himself in a pair of rare interviews, remains as defiant as ever.

German Howitzers Are Being Shipped To Ukraine

By the Dutch. Well, it’s not like you could ever expect the Germans to do it.

Germany is a nation of peace and love. With an alibi army that doesn’t work because it’s intentionally designed not to work. While being the world’s third largest weapons exporter. So, you do the math. I never could figure that one out.

The Netherlands is transferring some of its German-built Panzerhaubitze 2000 long-range armored howitzers to Ukraine. Also known as the Pzh 2000, these hulking 61.5-ton tracked vehicles are arguably the heaviest land-warfare systems a Western ally has transferred to Ukraine so far.

Germany itself has so far refrained from giving heavy weapons to Ukraine as German Chancellor Scholze claims it risks depleting the reserves of the Bundeswehr or excessively provoking Russia.

German Of The Day: Umweltschädlich

That means environmentally harmful.

And Green Germans, of all Green people everywhere, are now allowing gas drilling to proceed in one of Germany’s most controversial territories. This is odd. Even rätselhaft (puzzling), as Green Germans normally preach to the rest of the world how humanity should follow their example as they bravely march down the renewable road to the coming Green utopian future.

Something serious most have happened. Something very serious must have brought about this change of Green heart. Something real-world-like. I bet you dollars to solar panels it was something real-world-like. The real world always raises its ugly little head eventually. Reality just ain’t fair, in other words. Much less Green.

Germany To Drill For Gas In North Sea To Reduce Reliance On Russia – In a concerted move to move away from its heavy reliance on Russia amid the Ukraine crisis, Germany authorities have finally given in and allowed gas drilling to proceed in one of its most controversial territories.

On Wednesday, a German regional authority responsible for the Wadden Sea Islands gave the green light to a Dutch company to drill for gas in the North Sea above the Wadden Islands.