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Konrad Hummler rules! Just smurf

Konrad Hummler, Managing Partner of Wegelin & Co private bank is one of the few exponents of the Swiss economy, which is commendably - although not having held political office and party membership without my knowledge - expressed again and again on political issues. And this famous not only via the comments facility Wegelin (surpassing my view all similar communication organs of wit, conciseness, originality and wide).

Even though I can not even get him to agree to all statements that he has changed in respect of original and interesting ideas in this interview again surpassed itself. Here a brief summary of the main theses:

• the Bloch-selection CVP and FDP would never have left the "free" supply. Rather, one might advance political concessions, such as a turn-must demand from the AVS.

• not high tax rates, but the fear of collapsing the European social model drive capital into the financial center of Switzerland.

• Because in Germany over 60% of the population lives by the state, there are no majorities find for the much-needed state mining more. The seemingly conservative government hands are tied. (Note:. Can with equal justification to explain the political left twisting in the Administrative District of Bern)

• The aggressive German foreign policy toward neighboring tax havens to prevent the migration of capital and labor is a modern form of "building the wall" dar.

• Bank secrecy is a social institution, because it is also the "little people" allowed the formation of savings assets.

• Because German citizens live in a country that is heading for a fiscal disaster, they act as a kind of self-defense, if they evade foreign taxes.

• SP-people like Hildegard Fässler, which require the tax dispute a "courtesy" of Switzerland are part of the policy, which promotes an appropriate fiscal policy disaster in Switzerland.

• States and mafia organizations have surprisingly much in common with the Mafia, its members sometimes better provided for. (Note: He is probably still a little bit too far to go ...)

the way, I admit it. As a private banker Hummler is purely objective not exactly the most credible and least biased person, if he claims the defense of bank secrecy was for Switzerland is an existential question ...