Happy Easter!

Asylum seekers’ accommodation set on fire in suspected far-right arson attack in Germany


A centre for asylum seekers has been set on fire in a suspected arson attack in Germany.

Police are investigating the blaze in the town of Tröglitz, where the mayor quit last month after a far-right protest was held outside his home.

“This is a lasting disgrace for Tröglitz…that could have many unforeseen consequences.”

Zwölf Uhr Mittags

The plot is a little different here in Germany, though.

High Noon

Senior German politicians warned on Tuesday that basic freedoms were threatened after a mayor in an eastern town resigned saying local authorities had failed to stop a far-right protest outside his house.

The elected and unpaid mayor of Troeglitz said on Monday he feared for his family’s safety after the National Democratic Party (NPD) announced the rally against his plans to house asylum seekers.

How Could He Have Said That?

Boy oh boy, German President Joachim Gauck is in hot water with the German Left now. Bless his heart.

During a visit to something called the Leadership Academy for the Bundeswehr in Hamburg, he had the gall to demand “more openness” when it comes to Bundeswehr operations abroad.

He then had the nerve to say that there are once again German fallen (as in the soldier kind) no longer amoung us “who are hard to handle for those living in our pleasure-addicted society.”

And then he even had the chutzpah to say that violence can be “necessary and sensible when used to prevent violence itself.”

Needless to say, German lefties of all 57 varieties are now having a collective cow and lecturing him and the rest of us (I mean you) about how irresponsible such utterances can and must be whenever they come out of a German mouth. The same old same old, in other words.

You just can’t say stuff like this in Germany. It’s verboten. It’s taboo. And this guy says it anyway. In case you haven’t noticed, this is a President I like.

Schäfer nannte Gaucks “Äußerungen, um Opfer zu rechtfertigen, völlig falsch und fatal.”

Bond, Sovereign Bond

So, is it time for the sweet poison or the silver bullet? Germany (or one German) is the last man standing and it’s time to pay up or shut up.

Can Germany (and Germany’s “independent” Bundesbank President Jens Weidmann) jump over its/his shadow and allow the European Central Bank to become the lender of last resort in Europe’s never-ending efforts to prop up the euro?

Pump up the volume already. Half a dozen bailout packages and half a trillion euros later, Greece is closer to leaving the euro zone than ever before and Italy now seems bound for bankruptcy, too. Who’s next? And where’s the money? It looks like Europe’s arsenal is down to one last taboo here: Let the ECB vouch for all of the outstanding debt of the debtor nations, “permanently, to an unlimited extent and in violation of all applicable laws.” Germany, for some strange (and wonderful) reason, is still against doing this.

You know the deal, my fellow Americans. It’s the easy way out: “Print money and drown the debt crisis in a sea of liquidity.” Look what its done for us – so far.

Hey look, I don’t know much about economics (nor do at least half of the world’s economists, for that matter), but I do know that if President Barack Obama, President Nicolas Sarkozy and European Commission President José Manuel Barroso are all urging the Germans to abandon their resistance to the ECB plan, it’s probably best for the rest of us out there if this Weidmann guy sticks to his guns. I wouldn’t bet money on him doing so, though. And I certainly wouldn’t bet using the euro.

He mechanically recited the traditional mantras of the Bundesbank: “independence,” “a culture of stability” and “credibility.”