Babylon's Bankers

BRACE YOURSELVES: DEUTSCHEBANK HAS HAD ANOTHER “BRILLIANT” ...

Well we knew this one was coming. After election night, with the sudden shutdown of counting, and then the propatainment media piling on the "anoint Joe now" bandwagon, I thought to myself "How long before they start talking their usual 'healing' nonsense?" I didn't have to wait long. Similarly, I've been wondering just how long the kleptocracy behind the global planscamdemic would take to figure out a new tax to steal yet more wealth from the middle class and stuff it into the wallets of the banksters. Well, again, I didn't have long to wait, as this article sent along by K.B. indicates:

Deutsche Bank Proposes A 5% "Work From Home" Privilege Tax

Yes, that's right folks. Deutsche Bank - a "banking institution" well-and-infamously known for its standards of propriety, stability, and probity - has come up with another of its brilliant ideas: a tax on those who, working from home, have not been financially dislocated by the corona-covid cult and its planscamdemic:

At a time when the Fed is already monetizing the entire US budget deficit thanks to helicopter money, sparking conversations about the utility of taxation, and when a Biden administration is set to at least try and roll back most of the Trump tax cuts, the last thing the population wants to hear about is even more taxes.

Yet in a "modest proposal" from Deutsche Bank, the bank argues that in a time of pervasive covid shutdowns, "those who can work from home (WFH) receive direct and indirect financial benefits and they should be taxed in order to smooth the transition process for those who have been suddenly displaced."

In other words, the argument goes that working from an office is somehow punitive, and since WFH during the pandemic leads to "many benefits" as a resulting "disconnecting themselves from face-to-face society" a 5% tax for each WFH day "would leave the average person no worse off than if they worked in the office." The bank calculates that such a tax could raise $49bn per year in the US, €20bn in Germany, and £7bn in the UK. "That can fund subsidies for the lowest-paid workers who usually cannot work from home."

So for all of us who WFH (Work From Home), including you teachers confined to your cells because of the covid planscamdemic, they want even more money, which, in Germany's case we're told, could cough up a comfortable 20 billion euros, some of which we would not be surprised to learn would end up in Deutsche Banks coffers, to ease the pain its own decisions and "financial probity" have caused it.

And yes...

It gets crazier: the bank claims that working in the comfort of one’s own home leads to a slew of financial benefits including:

  • financial savings on expenses such as travel, lunch, clothes, and cleaning.
  • indirect savings via forgone socializing and other expenses that would have been incurred had a worker been in the office.
  • intangible benefits of working from home, such as greater job security, convenience, and flexibility.
  • There is also the benefit of additional safety.

As if it is difficult to find someone who also sits in front of a computer all day long in Bangladesh and has the exact same skillset but would work for a fraction of the pay.

Yet those people who are working remotely are, according to DB, the equivalent of social parasites as they "contribute less to the infrastructure of the economy whilst still receiving its benefits" potentially extending the slump in national growth. In other words, the mere act of working from home makes you guilty of not propping up the economy!

...

While it would be easy to laugh and merely brush this idea off as another ridiculous policy proposal from a bank whose very existence would be very much in question had it not been for several rounds of generous taxpayer funded bailouts, since this is yet another grossly socialist proposal we are concerned it has a very high probability of passage not only in Europe but also in the US, especially if Democrats manage to pull of a "Blue wave" sweep in Georgia in January.

So, let's get this straight: people who have been forced by the planscamdemicto work from home (which has every appearance of having been cooked up precisely to harvest even more wealth from producing people so that people like Herr Templeman can produce more papers on how to harvest more wealth from people who actually produce something) are now being blamed for that situation, and because those people are no longer driving and pumping up the economy by face-to-face transactions like buying gas and the impulse candy-bar at the convenience store, they should pay more in taxes so other people can hide in their basements, wear masks, and issue edicts about following the science.

It makes perfect sense to me: we grow an economy by shrinking an economy by taxing, not what you actually spend, but what we bankers think you might have spent had not the covid planscamdemic come along.

Only Deutsche Bank would have the brilliance to think of such an obvious solution: tax what people might spend. We should all listen to them because they're following the science of a computer model of what people might have spent, and because Deutsche Bank is well known for its financial stability, conservative investment strategies like all sorts of puts before 9/11, and for its sterling reputation of financial probity.

This strategy makes much sense to me, because governments and corporations will now be able to charge people for products they might have bought, and that the corporations might produce!  And we can issue government and corporate bonds based on what might have been produced and what might have been spent, in addition to taxing what people might have bought. WOW!

And wait... we might be able to create entirely new kinds of derivatives, and a whole new derivative market, the Might Produce Something (MIPROSO)Derivatives, which can then be bundled into tranches of (in)securities along with weather derivatives, robo-signed mortgages on buildings on vacant lots, and sell them to pension funds underwritten by Chinese banks floating loans on tungsten-filled gold bars, and take out insurance policies on those buildings on vacant lots and bundle them into the tranches of (in)securities... WOW!

(Interlude of coughing, hacking, wheezing, and puking)

See you on the ...

Oh, a couple more things...

One wonders just how long before we start seeing protests in Frankfurt. My bet is, it won't be long.

As for Deutsche Bank's "brilliant idea," this is what comes from mask-wearing ghouls, who aren't too smart to begin with, when they get hypoxia from breathing their own carbon dioxide, and not enough oxygen, which is, I recall, one of the conditions increasing likelihood of corona virus infection.

And yes, folks, these people running this "financial" system are that insane.

See you on the flip side...

 

42 thoughts on “ BRACE YOURSELVES: DEUTSCHEBANK HAS HAD ANOTHER “BRILLIANT” ...”

  1. No problem here…
    https://www.zerohedge.com/geopolitical/germans-are-back
    “In case you missed it, on November 18, the German parliament passed a law, the so-called ‘Infection Protection Act’ (‘Das Infektionsschutzgesetz’ in German) formally granting the government the authority to issue whatever edicts it wants under the guise of protecting the public health.

    Now, this ‘Infection Protection Act’, which was rushed through the parliament, is not in any way comparable to the ‘Enabling Act of 1933’, which formally granted the government the authority to issue whatever edicts it wanted under the guise of remedying the distress of the people.”

  2. Masturbation tax (stay with me on this one)….
    COVAC vaccine (can I claim that name?).. might render 97% of females infertile
    https://www.naturalnews.com/2020-11-18-why-pfizer-coronavirus-vaccine-requires-storage-at-70c.html
    …. hence a fertility crisis (Children of Men movie)… war on infertility, as Chamberlain said about his affairs with hitler, try try and try again… unbrided and unbridled sex is good, raping mandatory, BUT masturbation is BAD, wasted seed , so a Wank Tax (unless you use the official receptacles for product, and phone the Tax Collector immediately for a pickup, in cash or in kind) . The tax will be used for baby factory research and implementation. And how will they know? the normal mandatory cameras in the home to monitor face mask use (even when alone) will catch you. Big Brother (and Sister) is watching. Hell the whole world could be watching, so watch out, put it back in, or pay the tax.

    “So Putin has declared war on the most powerful people on the planet.”
    1 down, 6 to go (the Tribal oligarchs of a free Russia)
    would not a free country disclaim the coronahaux outright and not play the game? that would be warlike under these circumstances.

    (I wonder if the mask thing is to get people sick of low oxygen, blame that on corona , or Used To low oxygen, when the oxygen of the planet is going down anyway).

  3. Robert Barricklow

    You took the covid1984 vaccine?
    This means your a government dependent now.
    That puts you in a higher tax & obedience bracket.

  4. How many people work in the labor force in maintenance? Not just maintenance departments. HVAC people. Electricians. Plumbers. Carpenters. In our average city, how much of the real estate market is never coming back? And with it all those jobs taking care of all those buildings? How much longer before those buildings need to come down? Nothing breaks down faster than unused cars and empty buildings.

  5. Robert Barricklow

    For those worried about being invaded by aliens?
    Don’t worry.

    You’ve already been invaded.
    The inhuman signs are everywhere!

    1. Good point, Robert!! The “inhuman” HAVE taken over…..can we stop it or have the masses been too brainwashed to Obey The Authorities that they will just lie down & “take it”???!!!

  6. TAANSTAFL…

    “Oh, ‘tanstaafl.’ Means ~There ain’t no such thing as a free lunch.’ And isn’t,” I added, pointing to a FREE LUNCH sign across room, “or these drinks would cost half as much. Was reminding her that anything free costs twice as much in long run or turns out worthless.”

    “An interesting philosophy.”

    “Not philosophy, fact. One way or other, what you get, you pay for.”

  7. More creative accounting by the banksters swindlers to the core. But what will happen to these thieves when they robbed their last victim what then. Nuke the planet or call on their god of crime to save them.

  8. I have worked from home for several companies. This is not my own business so tax write off is not the same. I have to pay for heating and lighting, internet connection, phone connection, office furniture, computer equipment, computer applications and training. These companies have never supplemented my pay for any of these “privileges”. Bogus tax for working at home unless it can be totally extinguished in exchange for these expenses.

    1. I second that. I’ve also worked from home. First of all, WFH saves the employer money (on office space, cleaning, coffee, utilities, and maybe even insurance). Additionally, WFH costs the employee in terms of additional wear and tear on one’s home, extra heating/cooling bills for the extra hours you’re at home, etc. A tax on WFH? Nein! Since these sanctimonious globalist billionaires are also climate change preachers, how about an “environment bonus” for WFH employees for all the CO2 they aren’t generating, and all the fossil fuel they’re not burning, because they’re not commuting to work?

    1. Robert Barricklow

      Goshawks,
      Better than any mainstream fiction thriller!
      It’s about the Rape of Russia and Putin’s people getting revenge; both in body counts, and the body politic.
      Thanks for the link!
      Loved it!

      Auspicious,
      as the Rape of the USA is ongoing …

    2. Wonderful article, goshawks!!! Gave me a peek into a world not understood by very many!!

      Our own U.S.A. “Prophet” said that Russia would “save” the world…..I wonder how that fits into everything???

  9. Pardon me, but has anyone noticed how Titanically stupid these people are? We’re past the adjective and attitude of greed. We are now looking squarely at insanity. Sometimes too big to fail may require some failure to “wise up”.

    1. Yes, I’ve noticed the titanic stupidity. But I can’t remember the last time the stupidity of a policy kept it from being imposed. I only hope that between their unbridled hubris and unfettered stupidity, they’ll make a mistake big enough to cause them to fail.

  10. Off topic but Rudy ‘the embarrassment’ is throwing more bs hoping something will stick. And, with him is Joe de gineva who is remembered for saying what a great AJ barr will be and will arrest those bad boys and of course Sidney Powell who was going to release ‘the kraken.’ Just go away. You had 4 years to put somebody in jail and you did nothing and barr, haspel and wray are still there stabbing you in the back. I think most of the lawsuits have been thrown out, and yes there was fraud but not enough to reverse the election. Rant ends.

    1. Questions begging for answers – What does a State with a history of one if not the first County in the USA to require mail in voting, installed Doh (Minion) Voting systems in the largest Democratic controlled counties that surprisingly has always maintained their margins since because TECHNOLOGY, also was home to what turned into a giant international software company and (Gates Foundation) based on a stolen operating system (DOS) who’s family had IBM & Federal Reserve history … This state is also a border state located on the west coast money laundering, human trafficing, narco super highway since the Hudson Bay Company gave their outpost to the DuPont Family for their gunpowder factory…

      1. You make good points and I agree, but that is something Trump and his people should have been doing well before the election. Affidavits and such won’t help because you could drag it out in the courts with cross examination and so on. There won’t be time. Also barr won’t do anything and he is the one that should be involved, but he won’t and now durham doesn’t want to bring charges for fear of biden because they dems how to break knee caps and worse. Sorry, but I was with Trump for 4 years and agonized over all he has been through, however he’s the nation’s chief cop and no one has been charged and in the end Trump could face charges. Dems don’t mess around. Republicans? Hide under you desks! I’m done with all of them and time is short.

          1. Too little too late, but interesting. You can bet biden and his bosses will use it domestically if possible. I don’t remember seeing that law that authorizes such action, but you can’t catch everything. Thanks

  11. A “Work from Home” privilege tax?!?!”” . .

    Wunderbar. . Heute der Home Desk. Morgen das Weltbüro.

    “Taxed in order to smooth the transition process. . .” A tax that went go away once the smoothing is over, if ever it is. Penny-ante excuses to profit from hardship. You could ask, “Where are the offsetting expenses for services since working from home suggests services for the time and expertise rendered of those performing. Perhaps there is an interpretation issue with first accounts of business news, if that is what is supposed to be said by the article.

    Charges for opening an account, for keeping an account, for maintaining an account, for opening the door-access to banking associates to turn the key, to complete the transaction, to render a receipt for deposit, and so on. Anyone who has opened an account at your local banking institution has had one or more of these add-on fees for the presumed “privilege” for that institution to profit. Of course, they’ll throw in operational costs as an excuse to cover the excess charges with the margin of profit well hidden.

    Pitiful! An itinerary for convincing the work-at-home folk that the institution will next take over your home and lastly, your life. Uncle Stalin has, indeed, been calculating again. A typical psychopathic agenda with a socialistic twist to make nice and pick out your stool and minimalized floor space.

    Let’s get this straight, once again it is the taxpayer and customer paying for their own take over by Party’s concealed. On top of that, they want to make it lightning quick with a *click*. Presumably, at the convenience of their [banks] hidden brilliance.

    Must be another declaration of the Grimm’s’ brothers that did not make the early two hundred plus tales or, at least, there’s been hidden editing in the invisible fine print.

    The scheming continues. This could be the way back to the first barter systems where an agreed upon exchange meant something for something, both of value to the recipients.

  12. Robert Barricklow

    A new breathing oxygen through a mask privilege tax.
    Oops, a new working from a computer privilege tax.
    Oops! a new magic covid1984 tax.
    Oops! A new covid1984 made your work from home tax.
    In others words, a new magic tax!
    Of course it fits what their overall business plan has been for thousands of years.: utter fraud.
    Not to worry Congress is working on a stimulus package; after Georgia elects two democratic senators. Once that’s literally fixed; like the trump election fix, than there’s no stopping the CPC red machine. Oops! I mean the USSR under Briben command, under Xi command.
    The work from home. Well, t least those not owning a home will be excluded. That’s technically almost all of them. Some work from apartments, most rent homes, and most homes are owned by banks.
    Ah. Forgot about the terms of molecular print agreements embedded in act. It’s been filed away years ago; but they’ll frame it like the stimulus debate, as if it wasn’t already fixed. Congress does love their play acting. Pretending they actually rule.
    JFK showed what happens to those that actually do what the citizens voted for.
    But the citizens can now that part in this farce of a play and pretend to vote; either from home or a booth. Some high placed communist can see the results months; if not years ahead of the actual staged election play.
    Oops! I mean some highly-placed citizens.
    If you don’t believe me? Just ask Xi.

    Some will pay more tax because they have more than one device[read your molecular print in the terms of agreement]. Or, they work from various locations.
    Some, who work from open operating systems will be heavily penalized; as they compete w/monopolies[the banking software running on top of the technocratic banking currency monopoly]

    Running late …
    White Rabbit

  13. always the optimist, I see titans clashing.  so, you mean the planscamdemic and the run up to the great reset is an intentional slowdown of the economy, but that this drag also puts the brakes on the velocity of money and tax receipts and economic activity decreases?  DB and WEF, could you take each other out in a grand junk-yard dog thrashing? I need some entertainment,  as I WFH, I am running out of episodes of the netflix Ozarks series.

  14. Calling all $Dough – minions: The Exchequer to the Army of 3rd Reich Nazis – Shades of the Dulles brothers (CIA banksters). the toothless wonder & self inflamed designated hemorrhoid at the end of the banking colon speaks.

    1. I wonder if the Saxe-Coburg-Gotha family (house of Windsor) still has accounts at Deutschebank ? Their historic use of South Africa, Scotland & Ireland as financial social engineering & literal petrie dishes is epic .. as well as the ‘colonies’.

      1. same video on bit chute – anticipating yt taking it down. remove the space on bit chute and it works.

  15. So all of the people who work from home who are likely to have taken a massive pay-cut for the privilege of not working in a major city now face a further 5% reduction. People will just do more than one job at home, cut corners and only give 50% back to the companies. Not good for productivity. But maybe that’s what they really want – a tax on time that people get back from working at home. Can’t have people reading, learning, more family time and developing their own businesses.

    The gas and electric that is used in people’s home should also cancel out savings on travel – according to the climate change hoaxers we’ll be saving the planet anyway by not travelling so should have a tax break just on that score shouldnt’ we.

    Also, we should look into all of those companies who have developed digital products to facilitate agile working and tax them an extra 5% too shouldn’t we – I’m sure DB has invested a large proportion of its portfolio to such investments and therefore, all investors should face the same tax on every share bought.

  16. What an ingenious idea to enable DB to “grow” its business after there was a run on it last summer when hedge funds all over the place were pulling their investments and it was on the brink of collapse..

  17. This is about the most preposterous thing ever to come out of DB. I do hope they publicize it a lot, so that the people so distracted as to keep an account there will close it forthwith.

    1. That’s why they are going to force digital currency on us when Biden gets in; so you can’t escape the banks that bought you as interest payments from your government that took loans out on you that they can never repay. Digital currency with a digital ID will be our slave brand and shackles(shekels).

Comments are closed.