Submitted by Tyler Durden: Since the European colonial state of southern Bavaria Sachs (formerly known as the insolvent Hellenic Republic) no longer even pretends to be anything less than a pass-thru funding colony of its creditors, said creditors (European banks and various insurance companies) are about to send out the first group of colonial scouts in the form of German tax collectors. Also, since as reported previously, Greece will literally have to collect taxes to fund the Second "bailout package", which is merely a front for on ongoing Greek bailout of European banks (recall that it is Greece who is partially funding the bailout Escrow Account), said tax collectors will assist their Greek counterparts (who will rather likely miss their quote of becoming 200% more efficient in 2012) in collecting money from Greek citizens to pay off German banks. If in the process a few (or all) bars of gold end up missing, so be it.
From Athens News:
More than 160 German financial services executives are willing to come to Greece in order to strengthen the Greek tax mechanism, according to a report to be published in the German magazine 'Wirtschafts Woche', which will be released on Monday.The magazine cites German deputy finance minister Hans Bernhard Beus, who explains that a key factor is the knowledge of a foreign language - some of them speak Greek - while the return to active duty of retired tax collectors should not be ruled out.Many come from the state of North Rhine-Westphalia, whose finance minister, Norbert Walter-Borjans, compares Greece's with 90s East Germany, noting that even the East Germans at the time were suspicious towards the West. "In Greece suspicion will be greater, in part because of the inappropriate language used by some in Germany," he said.The article also refers to a confidential report from the European Commission, according to which the mechanism of tax collection in Greece is especially problematic.
What "problematic"? If it is not clear by now that the Greeks will happily do nothing to change their predicament (and in fact have exhibited a soaring appreciation for their new stepmother-tongue), this will be literally easier than stealing rehypothecated candy from an insolvent baby.
Ironically, the popular German response in the form of comments at German daily Spiegel is widely adverse to this latest now blatantly open attempt at colonization by a few German "leaders", who just like in every other insolvent developed country, operate solely at the behest of their banker funders.
We fear that such incursions into national sovereignty will only accelerate... until they are finally halted, very violently, and very tragically.