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VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

VIPsight International


Article Index

 

 

Buhlmann's Corner

 

Shut down – followed by SHUT UP!

Corona - the aureole of our planet - is the second great event of the century after 9-11. The global political reaction ends in the de-globalization demanded for decades by ATTAC (https://en.wikipedia.org/wiki/Association_for_the_Taxation_of_ Financial_Transactions_and_for_Citizens%27_Action) - today already, the common citizen of Hamburg has to identify himself at the city limits with his identity card to the police. The journey from Paris to Vienna requires at least two entry visas. How beautiful that was in days gone by! The ESTA worked digitally and was valid for an incredible 720 days. Everybody is (again?) himself the next one and under exactly 150 cm nobody wants to anybody near him. What Fridays for Future did not manage: the bottom under the water in Venice is visible again. A small protein ball, invisible without equipment, in coalition with randomly selected virologists and (democratically determined) politicians dependent on them, appear daily to protect a health system (which is said to have 10,000 intensive care beds available in Germany even now).

With sovereign power the voting cattle let themselves be locked up and turn the key on their own. Nobody is allowed to use Lufthansa, which in turn loses 280 € every second, 24 hours a day and 7 days a week. This is about the hourly rate of an average lawyer when he or she is incredulously reading article 14 of the German constitution. Overridden, waste paper. Some civil servant who yesterday hardly appeared at all is now dictating who can survive economically. German company law is being turned upside down; the achievements of 1965 were pushed through the parliamentary system in 7 calendar days. May the people who have informed themselves before voting stand up. The owners' right to ask questions has become the employees' right to reply. Throughout Europe, shareholders are invited, but the door to the meeting remains closed. Today, shareholder meetings also work virtually with decency and feedback. One just has to want it!

According to the Ifo Institute, Lufthansa, Volkswagen & Co are currently paying 42 billion euros a week - the money may not be gone, but it is elsewhere. The sum is roughly equivalent to the amount that Germany spends on the military each year. What public servants are destroying is being replaced by a corona of economics and finance ministers with "emergency funds". We should ask Michel de Nostredame, called Nostradamus (1503-1566), who is going to pay off these new debts ex cathedra and, above all, when. I will probably not live to see this. Huge sums of money, which make up about 3.5 times the total German budget, are distributed to one third of the German population. They would give every old, sick and vulnerable citizen a personal pocket money of 66 million, without weekly losses of 42 billion. They could hide from the virus on their own yacht (the prices ... well) in the Atlantic; Hapag Lloyd / Maersk would simply have to make more turns. Taiwan and Korea have made it, too - we, on the other hand, pray on the TV channel and let people die alone.

When everything is nationalised that could not jump away, Alexander Schalck-Golodkowsky will be spinning in his grave with anger because he had not thought that far ahead. The GDR system returns and affects all of Germany ... StaMoKap (State monopoly capitalism, the theory of Karl Marx and the practical experiments of Vladimir Ilyich Lenin).The monopolies are growing and they will win. The common taxpayer will no longer have to go through KYC procedures because he will get everything done in one app - including bowel movements. Anyone who still twitches and muzzles will hear SHUT UP!

 

 

 Inscription: "The king called and all men came / with God for King and Fatherland, 17.3.1813" was thought in 1913 to commemorate the war against Napoleon, but it also showed a fundamental change in the relationship between king and people, which he addressed directly for the first time in Germany (https://en.wikipedia.org/wiki/An_Mein_Volk)

In the same way, I would like to invite you, who still remember your corporate governance, to London, Strasbourg or Florence for Pentecost - even if the news services would be invited as well - but I am fear it is too late for that now.