Occupy Camp Frankfurt Was Not For Nothing

Or so we are told. The movement has now merely become “invisible.”

Not even the most vehement anti-capitalist protesters can believe, I mean live, in this Dreck (crap) forever.

That is why German Police have now put up barricades around Camp Occupy (next to the European Central Bank headquarters) and are helping to carry out the last remaining activists for reintegration into that heartless, bourgeois world of showers, warm meals/beds and regular working hours (or at least that is their sincere hope).

But the movement will live on or something, albeit in a new “invisible” form. And I only find this appropriate as the movement’s arguments have been invisible from day one.

297 Tage existierte dieser utopische Zwergstaat im Zentrum der deutschen Finanzindustrie.

So Much For That Shootout

I still don’t know who Gary Cooper was here, but Mario Draghi just went from “I will do whatever it takes to preserve the euro” (and buy up Spanish and Italian bonds) to “the ECB may consider” doing so at a later date.

Needless to say, the markets were not amused. Cherchez la femme, I’d say (and it ain’t Grace Kelly).

What’s the hold up? Germany, perhaps. During a press conference afterwards, ECB vice-president Vítor Constâncio noted that only one member of the ECB was adamantly opposed to bond purchases. This seems to be a reference to Germany’s Bundesbank, which had vigorously opposed a central-bank bailout of Spain and Italy. And even though the Bundesbank doesn’t have a direct veto over ECB actions, it seems Germany, as the richest country in the euro zone, still has plenty of sway.

“For all the criticism of Merkel, she distinguishes herself from politicians on both sides of the Atlantic in that she has a plan.”

40 Percent Feel Discriminated Against?

A new study showing that 40 percent of foreigners living in Germany feel discriminated against in everyday life has left numerous German social scientists completely puzzled.

“This was quite a surprise for most of us,” one expert noted, wishing to remain anonymous. “As everybody out there knows, this percentage should really be a whole lot higher. It’s like 60 or 70 percent easy, I’d say. Those dumb foreigners clearly don’t know what the hell is going on, as usual.”

“Meine Erfahrung ist, dass hochqualifizierte Menschen mit ausländischen Wurzeln teilweise befürchten, in normalen Bewerbungsverfahren ausgegrenzt zu werden.”

It’s High Noon

But which one is Gary Cooper?

Big spending Mario Draghi, the European Central Bank boss who is shooting for the outright central-bank purchase of European sovereign debt, or lonely Bundesbank chief Jens Weidmann (and pretty much the rest of conservative Germany) who is gunning to resist such a move as it would “dilute debt-laden governments’ incentive to reform, and lumber the central bank with too many risks and responsibilities, endangering its independence and credibility.”

And more importantly, who is Grace Kelly here and where is she when we need her?

“I will do whatever it takes to preserve the euro.”

Biomass Movement Is Over (If You Want It)

Remember the days when crops were something people would eat?

Well the German National Academy of Sciences Leopoldina has just found out that that maybe wasn’t such a bad idea after all.

The German mania for “bioenergy” seems to have already had its day in the solar-powered sun. The academy’s report “Bioenergy – Chances and Limits” concludes that bioenergy is just a lot of bio gas (or hot bio air, if you prefer).

It plays “a minor role in the transition to renewable, sustainable energy sources in Germany at the present time and probably in the future,” requiring more surface area, creating higher greenhouse gas emissions and being more harmful to the environment than other renewable sources.

So what are we going to do with all those imported soybeans now? Eat them? Hey, the plan looked good on green paper, though.

“Die Produktion von Biokraftstoffen stellte eine extrem ineffiziente Nutzung der verfügbaren landwirtschaftlichen Fläche dar.”

This Is A German Swearing

Boy, talk about the line being busy.

Two German entrepreneurs have devised a way for passive-aggressive citizens to blow off some steam – dial a telephone number and give the person on the other end a verbal lashing.

The swearing hotline, known as “Schimpf-los” (“swear away”) in German, has operators standing by seven days a week for frustrated individuals to jeer at and taunt using the most unsavory language they can muster.

“That’s the third time I’ve heard that today – is that all you’ve got?”

Germany Confused About Japan’s “Retreat” From A Nuclear-Free Future

And here we thought that Germans were good at math.

Until Fukushima, Japan satisfied about 30 percent of its electricity demands with nuclear power, while renewable energy made up about 10 percent of the power supply. If one leaves out hydroelectric power, renewables hardly make up more than 1 percent.

“Japan needs a vision.”

The Lesser Of Two Evils

“Finally, a rating agency showed a sense for good timing. The announcement could hardly have come at a better time: Moody’s casts doubts on Germany’s top rating. The rating agency provided its top grade “AAA” rating with a negative outlook. This is perfect timing for the debate which has taken place these past few days concerning additional help payments to Greece.”

“The agency gives two main arguments behind taking this step, and they should be clear to everyone.

First there is the danger that Greece would leave the euro: Then the danger of further contamination for other countries like Italy and Spain would be a threat.

But secondly there is another, far greater danger: If none of these countries leave the euro, then financially weak states would have to be supported indefinitely by the stronger ones.”

“Germany continues to find itself in a very solid economic and financial situation.”

The End With Horror

No horror here. Or terror, if you prefer. How does that German proverb go? Lieber ein Ende mit Schrecken als ein Schrecken ohne Ende?

That is, better an end with horror than a horror without end. And that’s where we’re at with Greece now, finally.

German Vice Chancellor Philipp Roesler said he’s “very skeptical” that European leaders will be able to rescue Greece and the prospect of the country’s exit from the euro had “lost its terror.”

Get it over with already, people, and move on.

I Know, I’ll Blame The Banks!

In a brilliant and risky move never yet attempted by a left-wing politician ever before, SPD boss Sigmar Gabriel has boldly proposed to improve his parties chances at next year’s federal election by “blaming the banks” for everything that has gone wrong in the financial sector and elsewhere.

“Mind-blowing,” one German political commentator said. “No one has been able to put these complex puzzle pieces together like this up until now. But by calling the banks extortionists, accomplices to tax evasion, hustlers and manipulators, Gabriel develops a subtle analysis of a highly complicated theme, thus making it easily accessible to the man on the street.”

“Die versammelte Linke in Deutschland betrügt sich selbst und betrügt die Bürger, wenn sie einerseits die Krise mit immer neuen Schulden bekämpfen will – und dadurch die Abhängigkeit von den Banken und Finanzinstituten erhöht, die man andererseits blindwütig an den Pranger stellt.”

“The entire left tricks itself and the citizens when, on the one hand, it calls to fight the crisis with ever more debt – thus making us even more dependent upon the banks and financial institutions – and then, on the other, mindlessly blaming them for everything.”