An expression that may need to be introduced from German into the English language is: 'Der Wahnsinn hat Methode' (Madness with Method). It means an ironic reference to something considered mad that is perpetrated with single mindedness and complete neglect of the fact that the action makes little or no sense at all.
This expression comes to mind when one has a look at the recently released interpretation to the Investment Tax Law released by the German Ministry of Finance. We did not expect a short and succinct paper but our jaw dropped when the paper popped up on our computer screen: a full 147 pages!
Given the thousands of pages of new legislation and edicts that are produced by our Solons every year this may not be a surprise but it highlights in chilling detail how far removed from the real concerns of the citizens the political class has become in the past few decades.
This is just another building bloc on the way to the destruction of private saving and pride of citizenship.
I shared some D&O questionnaire considerations on The Proxy Season Blog in
early December that I thought would be worth distributing more widely here
since...
1 day ago
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