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Germany in 2013, a political sketch

"[Peer Steinbrück, the chancellor-candidate] is a good man, with quite a bold programme for ‘social justice’. Tax increases for the better-off, a proper minimum wage, dual citizenship for immigrants, less elbowing individualism and more solidarity in a society where das Wir entscheidet – ‘it’s the we that counts.’ The German public, surprisingly, mostly agree that increasing taxes is a sound idea. What they resent is that the idea comes from the SPD. In the same way, the Augsburg programme is widely thought to make sense, but the voters don’t fancy Peer Steinbrück. They are pissed off with Angela Merkel’s governing coalition, but reluctant to let go of Mutti’s hand. In short, the public are in one of those sullen, unreasonable moods which make politicians despair." The LRB reports from Germany. [via]
posted by rollick on May 31, 2013 - 20 comments

 

Financial Markets, Politics and the New Reality

Financial Markets, Politics and the New Reality: "Louis M. Bacon is the head of Moore Capital Management, one of the largest and most influential hedge funds in the world. Last week, he announced that he was returning one quarter of his largest fund, about $2 billion, to his investors, [saying] it is impossible to make money when there is heavy political involvement, because political involvement introduces unpredictability in the market… Adam Smith and David Ricardo, who modern investors so admire, [never] used the term "economics" by itself, but only in conjunction with politics; they called it political economy… The investors' problem is that they mistake the period between 1991 and 2008 as the norm and keep waiting for it to return."
posted by the mad poster! on Aug 9, 2012 - 36 comments

The Pantone Merkel Chart

A Pantone chart of German chancellor Angela Merkel's many coloured jackets
posted by 0bvious on Jul 17, 2012 - 43 comments

"I would rather be sitting back home at my desk, believe me. But this is too important."

"The political elite have actually no interest in explaining to the people that important decisions are made in Strasbourg; they are only afraid of losing their own power." Jürgen Habermas on the crisis of the European project and how it could be overcome.
posted by daniel_charms on Nov 28, 2011 - 29 comments

Greece sinking fast

Yields of 2-year Greek government bonds have been skyrocketing today, and are currently at 76%. Credit default swaps show Greece with a 98% chance of default. Confidence in the Eurozone as a whole has been tanking recently after a series of setbacks that leave a political solution looking increasingly unlikely. There was a timely, gloomy discussion on RT yesterday on European and worldwide political/economic prospects
posted by crayz on Sep 13, 2011 - 173 comments

Born with the birth of flight

With the grounds it was built on having hosted the first demonstration of airplane flight in 1909, Tempelhof International Airport, the world's second-oldest working commercial airport, was officially opened in 1923. Also known as City Airport, it takes its official name from the Tempelhof neighborhood of Berlin, itself named for the Knights Templar who owned its land in the Middle Ages. [more inside]
posted by Your Time Machine Sucks on Apr 25, 2008 - 36 comments

Merkel to fire German conference organiser over Iranian envoy's criticism of the U.S

Angela Merkel to fire organiser of Munich security conference over Iranian envoy's criticism of the U.S. policies in the Middle East, Der Spiegel reports. (Translated English version) Read the full speech of Ali Larijani, Iran's top nuclear negotioator at the conference.
posted by hoder on Feb 16, 2007 - 11 comments

An unwelcome advance

Video: President Bush creeps out German Chancellor with unwelcome massage
posted by edverb on Jul 17, 2006 - 158 comments

Bush administration admits denies making mistake!

Bush administration admits denies making mistake! Starts off new relationship with conservative German chancellor by personally insulting her. "We are not quite sure what was in her head." - a senior Bush administration official, referring to Merkel. This after Condoleeza Rice gave Merkel private assurances and made a public statement in which she said "when and if mistakes are made, we work very hard and as quickly as possible to rectify them. Any policy will sometimes have mistakes . . . we will do everything that we can to rectify those mistakes." Obviously, Condi was mistaken. The Bush administration does not make mistakes.
posted by insomnia_lj on Dec 6, 2005 - 54 comments

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