Orbán’s coup-like outsourcing of public assets put on an interactive map. Continue reading
Tag Archives: Corruption is the purpose of the system
A short history of Orbán & Putin
Many of the most celebrated love stories are actually incredibly abusive and rooted in dependence – so I figured I might as well call what Putin and Orbán have a love story. Continue reading
When being the clean guy is a liability
We now have an anti-corruption candidate against Orbán. But as long as the corrupt ones hold power, being blackmailable is not just a precondition to get ahead – but a necessary asset to stay afloat. And the corrupt ones can be the people as well as the political establishment. Continue reading
Those who worry about bad precedents somehow only worry about future precedents – not past ones
About constitutional changes and holding politicians accountable for theft. Continue reading
What is behind Hungary’s biggest ever bond release?
On September 14-15 the Hungarian government took on record debt, issuing an unprecedented amount of FX denominated bonds. Continue reading
Lessons from MO1 to O1G
The 1MDB scandal has rocked Malaysia and impoverished its taxpayers by 4.5 billion dollars. It now has a challenger for the title of “largest kleptocracy case to date”. Continue reading
Orbán’s Bucket List
The true political priorities of 2021. Continue reading
Innovation in kleptocracy – Corporations can now pay taxes to loyalist foundations and the state has to pay them back
The 2022 tax bill has been rubberstamped and includes a line that allows corporations to donate into Orbán’s loyalist foundations – and get a 300% state tax credit for it. Continue reading
The Orbán-family made 15 billion in seven years
Talking of being a salary man with no savings. Continue reading
What do you get for calling the EU “Soros’ gas chamber”? 80 million euros, castles, night clubs and to be your country’s culture tsar
In December 2020 the political appointee at the helm of Petőfi Literary Museum published a combative editorial calling George Soros the “liberal Führer” whose “liber-aryan followers worship him more subserviently than Hitler’s did Hitler”. He called Europe “George Soros’ gas chamber”. Continue reading
Meanwhile in Budapest 