William N. Grigg shows how the socialist bureaucracy in Germany turns justice on its head, threatening to jail a productive entrepreneur in the private sector for a non-crime (and using taxpayer money to buy stolen property to convict him of this non-crime), while rewarding corrupt and inept state-connected executives who have squandered billions by investing heavily in the U.S. sub-prime mortgage market:
Klaus Zumwinkel, former CEO of Deutsche Post -- the German postal service and parent of the DHL parcel delivery company -- lost his job last week. He may soon go to prison. His "crime" was to protect his legitimately earned wealth from the omnivorous socialist bureaucracy that afflicts Germany. He did so by opening a foundation in neighboring Lichtenstein, where his earnings were protected by the banking secrecy laws of that tiny (pop. circa 35,000) but heroic principality.
Read the rest
Friday, February 22, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment