Deutsche Bank looks tailor-made to give Angela Merkel a headache.
Germany’s biggest banks are in big trouble. That’s not exactly news. Before the financial crisis, Deutsche Bank’s share price was nearly €100 (us$135) a share. At the start of this year it was €21.45 ($24). This week, it hit its lowest value since 1973 and currently stands below €11. Now its situation is so dire that its name is trending on Twitter.
Since the 2008 financial crisis, Germany has been the rock of stability for Europe’s economy. It has weathered the storm with low unemployment, while economic crises upended entire political systems elsewhere in Europe. Now the banks at the heart of Germany’s economy seem on the brink of going under. The global economic crisis that began in 2008 could be about to hit Germany.
Throughout the latter half of the 1930s, 19 Nazi summer camps and family retreats operated across the United States, from New York to California. Sponsored by the Deutsche-Amerikanische Berufsgemeinschaft, DAB, or German-American Bund, the camps were set up to indoctrinate children and adults with Nazi ideology.“The camps basically had everything the Hitler Youth camps had in Germany. Their uniforms were similar, right down to the Sam Brown belts and swastikas on the arms,” said Arnie Bernstein, author of the 2014 book, “Swastika Nation: Fritz Kuhn and the Rise and Fall of the German-American Bund.”
The campers, aged 8 to 18, wore official uniforms and carried official banners of the Hitler Youth. Most were the children or grandchildren of German immigrants or naturalized citizens. Continue reading
Alexander Dugin, the Russian geopolitical theorist and advisor to President Putin, has said that the twentieth century was “the century of ideology.” It was, as Nietzsche predicted, a century in which ideas (and ideologies) warred against one another. The three warring factions were, in order of their appearance: liberalism (of the Left and Right), communism (as well as social democracy), and fascism (including Hitler’s National Socialism). These three ideologies fought each other “to the death, creating, in essence, the entire dramatic and bloody political history of the twentieth century.” According to Dugin, liberalism came out the winner by the end of the last century. Yet victories of this kind are rarely permanent. In fact, Dugin tells us that liberalism has already disintegrated into “postmodernity.” With its focus on the individual, Dugin argues that liberalism has led to globalization, and globalization means that man is “freed from his ‘membership’ in a community and from any collective identity….” This happened because a mass of human beings, “comprised entirely of individuals, is naturally drawn toward universality and seeks to become global and unified.” Even now this impetus toward globalization coincides with the glorification of total freedom “and the independence of the individual from any kind of limits, including reason, morality, identity … discipline, and so on.” The result, says Dugin, is Francis Fukuyama’s “End of History.” But let us not be fooled, Dugin explains. History doesn’t really end. What has really happened, in fact, is the realization that liberalism’s triumph has been a disaster for humanity. It is a disaster for the individual because the individual has lost his moorings. It is a disaster for freedom, because we are now under the “tyranny of the majority.” It is a disaster for our economy, because spoliation is the emerging market principle. And those who wish to preserve their racial, national, or religious identities are set down as enemies by a political correctness as deluded as it is bloodless. Continue reading
Did he make this statement because Russia has entered, or will soon enter, another secret pact with Germany?
Over the weekend, Russian President Vladimir Putin defended the Molotov-Ribbentrop non-aggression pact the Soviet Union made with Hitler’s Nazi Germany just days before World War II broke out.
“This pact made sense in terms of guaranteeing the Soviet Union’s security,” Putin said on May 10, as he stood alongside German Chancellor Angela Merkel.
Just a week after it was signed, Germany invaded Poland, officially igniting World War II.
Nuclear deal proves world has not learned lessons of Holocaust, is again capitulating to tyranny, PM warns at Yad Vashem ceremony
Prime Minister Benjamin Netanyahu on Wednesday compared Iran’s violent and expansionist aspirations in the Middle East to the Nazi campaign to conquer Europe during World War II.
He excoriated the US-led world powers for capitulating to Iran, and allowing it to maintain key elements of its nuclear program in the deal currently being negotiated, even as Tehran seeks to acquire weapons of mass destruction and destroy the Jewish state. Continue reading
People today are understandably confused when they hear “Fourth Reich” and Germany combined in the same sentence. They cannot put two and two together because they continue to look for Nazis running the country. There are none.
The Fourth Reich of today is economic dominance and subjugation of the European continent which will later turn the landscape into a United States of Europe — the only way for the Euro, or single currency bloc to survive. The only solution is further integration, and further integration means destroying national sovereignty from country to country and doing things the hegemon’s way.
Along with an upcoming United States of Europe will be a European Army, thanks in part to the suicide of the United States and Russian threats from the East. Many may not see it, but it’s going in that direction step by step. Whether one chooses to believe it or not doesn’t change the fact that it in fact is happening, albeit at a slow pace, before their very eyes.
If you’re still looking for Nazis, you’re 70-plus years late to the party.
Following World War II, a German return to dominance in Europe seemed an impossibility. But the euro crisis has transformed the country into a reluctant hegemon and comparisons with the Nazis have become rampant. Are they fair?
May 30, 1941 was the day when Manolis Glezos made a fool of Adolf Hitler. He and a friend snuck up to a flag pole on the Acropolis in Athens on which a gigantic swastika flag was flying. The Germans had raised the banner four weeks earlier when they occupied the country, but Glezos took down the hated flag and ripped it up. The deed turned both him and his friend into heroes.
Back then, Glezos was a resistance fighter. Today, the soon-to-be 93-year-old is a member of the European Parliament for the Greek governing party Syriza. Sitting in his Brussels office on the third floor of the Willy Brandt Building, he is telling the story of his fight against the Nazis of old and about his current fight against the Germans of today. Glezos’ white hair is wild and unkempt, making him look like an aging Che Guevara; his wrinkled face carries the traces of a European century. Continue reading
Where does Germany stand in Europe? And are its downtrodden southern neighbours justified in comparing its current dominance to the dark days of Nazi rule? These are the questions that a group of journalists attempt to answer in a special enquiry for German weekly Der Spiegel. They draw from Germany’s troubled past to argue that Europe’s “reluctant leader” paradoxically considers itself both too big and too small to fulfil its current role:
The eurozone is clearly ruled by Germany, though Berlin is not unchallenged. It does, however, have a significant say in the fates of millions of people from other countries. Such power creates a significant amount of responsibility, but the [German] government and other policymakers nevertheless sometimes behave as though they were leading a small country.
Modern Germany is a new reich, at least in an economic sense, Der Spiegel concluded in the cover article of its March 21 issue.
With a circulation of over 1 million, Der Spiegel is one of Germany’s most popular and well-respected newsmagazines. An English version of the article is available on its website, and is worth reading in full.
“People have even begun talking about the ‘Fourth Reich,’ a reference to the Third Reich of Adolf Hitler,” states the article’s introduction. “That may sound absurd given that today’s Germany is a successful democracy without a trace of national-socialism—and that no one would actually associate Merkel with Nazism. But further reflection on the word ‘reich,’ or empire, may not be entirely out of place. The term refers to a dominion, with a central power exerting control over many different peoples. According to this definition, would it be wrong to speak of a German Reich in the economic realm?” Continue reading
A German retiree and his bowling buddies say they may be close to finding the long lost “Amber Room” – a lavishly decorated chamber that the Nazis dismantled and stole from a Russian palace in 1941.
Karl-Heinz Kleine and company have been exploring tunnels that lie beneath the city of Wuppertal where they believe Nazi official Erich Koch, a local, may have stored the room for safe keeping. Continue reading
While Berlin and Washington swiped Ukraine away from Russia, Russia installed one of their own in Athens.
Matter of fact, the German government was likely not ‘stunned’ by Tsipras’ victory, but more or less is playing politics by downplaying the predicted aftermath. The Merkel leadership isn’t filled with rookie politicians. Germany dropped many hints that the EU could go on without Greece on more than one occasion, which aimed to deaden the anticipated blow that happened in last Sunday’s elections.
It would also be interesting know what “orders from abroad” Tsipras was referring to. That could be this ‘former’ Communist’s subtle hint at orders from Moscow.
Berlin: In his first act as Prime Minister on Monday, Alexis Tsipras visited the war memorial in Kaisariani where 200 Greek resistance fighters were slaughtered by the Nazis in 1944.
The move did not go unnoticed in Berlin. Nor did Tsipras’s decision hours later to receive the Russian ambassador before meeting any other foreign official.
“No doubt about it, we were surprised by the size of the Syriza victory and the speed with which Tsipras clinched a coalition,” said one senior German official, who requested anonymity because of the sensitivity of the issue.
Make no mistake about it, Europe in general — and not just Germany — is one islamic attack away from making an extreme right turn.
A record 17,000 people have joined the latest in a string of demonstrations against Islam in Dresden, eastern Germany, celebrating the rise of their far-right populist movement by singing Christmas carols.
The march on Monday night was organised by Patriotic Europeans Against Islamisation of the West – a group that has grown rapidly since its first protest in October.
Politicians from all major parties have been stunned by the emergence of the right-wing nationalists who vent their anger against what they consider a broken immigration and asylum system.
A recently discovered set of documents compiled by American intelligence during World War II show that German Nazi leader Adolf Hitler was a regular consumer of crystal methamphetamines, which are today considered a Class A drug. The previously secret file, which consists of nearly 50 pages of evidence, was produced by the United States Military Intelligence Corps, the intelligence branch of the US Army. Continue reading
Political correctness was invented by Marxists to destroy Western society from inside…. And in Russia, there is no political correctness at all! The reason is that Marxists do not need to undermine the Russian society from the inside, because it is already Marxist.
– Konstantin Preobrazhensky, “How the West Was Fooled by Vladimir Putin”
Then there is Russia’s military potential. With regard to major opponents, the West seriously underestimated its enemies twice during the last century: first in 1939 when the Allies believed they had boxed in Nazi Germany with their “guarantee” to Poland; and again, with sanctions on Japan in 1941. In the first instance Germany smashed Poland and crushed France. In the second instance, Japan destroyed the American fleet at Pearl Harbor, defeated the U.S. forces in the Philippines and captured the British forces in Singapore.
Some may argue that Russians are not as capable as Germans and Japanese. After all, Russia is a backward country; the Russian economy stinks; Russian equipment is obsolete and their people are demoralized. Even more egregious, Russian commanders are political stooges. But wait! Russia put the first man into space. Russia launched the first satellite. Russia built the first operational version of the hydrogen bomb. Let’s not make the mistake of underestimating Russia.