Monday 2 April 2012

Germany, Europe's Bully

THE GOOD, THE BAD AND THE UGLY:
Switzerland, Germany & Austria

Ever since Switzerland refused to be lured into the European Union, jealousy, fury and resentment have gripped EU members. While the Swiss have rewarded hard work, responsible budgeting and disciplined saving with low interests, moderate taxation and courting of foreign investors, the opposite is true for the morose EU.

In an effort to undermine the noble Swiss virtues, Germany and France have resorted to hardcore crimes: industrial espionage, grand theft & larceny and elaborate extortion plots are the hallmarks of German and French officials. This is the background for the arrest warrants issued against a total of nine thugs employed by the governments of France and Germany. The rage with which the German chaos troopers of the SPD and the Greens react now demonstrates foremost the embarrassment for being caught: first to infiltrate the Swiss banking sector with criminals to obtain data on tens of thousands of people who refused to be fleeced of 60-70 percent of their savings by the German taxman - an immoral thing in itself, then smuggle the illegally obtained data out of Switzerland, pay more than $3.5 million to the thieves and begin a vendetta against more than 100,000 victims.

It is obvious that with such hostile aggression from EU members, Switzerland is in no mood to enter into any adverse tax agreements with such member states. Germany will have to forget the idea to rake the expected $1.3 billion it hoped to collect after such agreement. Even more peculiar is Austria, where the government had already firmly budgeted in a future windfall profit of more than $1.5 billion, in an obscure strategy best described as "frying eggs that haven't been laid yet." The Swiss in the meantime are laughing all the way to the bank's vault: no agreement means a status quo: being rich, preserving wealth and mocking the self-castrated poor beyond their borders.

No comments: