What Does SPD Stand For?

Other than Social Democrat Party, I mean. Shekels, Payola and Dough?


Or is it more like Scratch, Plunder and Dinero?

When not fighting for the rights of the working class and alleviating the capitalist economic oppression of the masses, ex-vice chancellor and national chairmen of Germany’s Social Democrat Party Sigmar Gabriel enjoys doing part-time community service work serving on the supervisory board of the freakin’ Deutsche Bank.

It’s understandable. Sort of. He recognized there was a problem with Deutsche Bank years ago (he wasn’t the first, however) and now only wants to take this opportunity to help them clean things up.

“Deutsche Bank, as one of the most important financial institutions in Europe, has the opportunity and the responsibility to help shape the future of the German and European economy. I want to play a part in this.”

Like Rats Leaving A Sinking Ship

Only the ship already sank and the rats are all wet. In more ways than one.


Sometimes you’ve got to lose in life to get ahead. Like three times in a row. As did the SPD‘s top candidate for the elections in Hesse, Thorsten Schäfer-Gümbel, before landing this way cool cushy job as Personalvorstand bei der staatseigenen Gesellschaft für internationale Zusammenarbeit (GiZ) – the Human Resources Director at the State-Owned Company for International Cooperation – yesterday. For 200,000 euros a year.

Now that’s the kind of Social Democracy I can live with, pal. And hey; without losers, where would the winners be?

KÜNFTIG RUND 200 000 EURO JAHRESGEHALT FÜR PARTEI-VIZE SCHÄFER-GÜMBEL. Spitzenjob als Belohnung für SPD-Wahlverlierer!

Recht haben wollen

Aber richtig sein (but is it right?). This sounds familiar somehow. Like, where’s the money? That’s what a German ex-Hypo Real Estate boss is wondering. No, not the millions and billions (I mix those up these days for some reason) that the soon-to-be-bankrupt bank burned up over years of mismanagement (he was a boss dude, remember?), it’s all about his million or two or three euro salary and benefits that he believes he still has coming to him, legally. And perhaps he does, legally. After all, he was fired from a well-paid job you know and it’s hard to find steady work as a banker these days.


I've got a wife and a kid to feed or something.


Ah, the days of wine and roses, or of corporate or even personal responsibility, if you prefer. There was a time when people had a sense of accountability for their actions, or at least a sense of decency, or at least I believe there used to be a time like that. I’m starting to wonder, though. Doesn’t the saying go that the more things change the more they stay the same? If so, then where has all that sense of accountability gone? It’s blowing in the wind or something. Or everybody has gone out of their senses.


„Der mittlerweile entlassene Institutsleiter Georg Funke will gerichtlich prüfen lassen, ob sein Vertrag weiter gilt.“