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Artikel-Schlagworte: „EU“

Euro Crisis: „A Flood of Inflation“

[Original title: „Prof. Markus Kerber zur Eurokrise: ‚Ein Schwall von Inflation‘„, in korrektheiten.com, January 14, 2012. Translation by MKH]

The Deutschlandfunk (DLF, a public German radio station) has aired, Friday night, an interview with Professor Markus Kerber. Kerber is an economist at the Technische Universität Berlin. He conducts research on public finance and economic policy. The occasion was the downgrading of the creditworthiness of France from AAA to AA + by the rating agency Standard & Poors. It was about the impact on the Euro. Kerber was speaking in plain language. He said among other things:

In total, Germany can try in this situation only one thing: withdraw from the Euro rescue fund – at least from the Euro rescue fund – to secure its rating and to save [herself]. Otherwise, in the near future the conclusions from Germany’s liability-causing situation will have to be drawn. Germany will have to be liable for all, and this necessarily leads to a serious downgrade. The bailout funds …

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Well, the Aristoes have always been international …

by Le Penseur

[Due to my permanent lack of time, I have been neglecting this blog for a few months. I am now starting again with an article of Le Penseur, a sharp-tongued libertarian Austrian blogger. Original title: „Jo, die Aristos san halt seit jeher international“, published a few hours ago.]

Well, the Aristoes have always been international, and so the high princely foreign minister of Czechia, Karl („Kari“) Schwarzenberg, threatens with his resignation from the government, if Prime Minister Petr Necas does not sign the proposed „fiscal pact“ [subjecting EU member states to centralized control of their budgets]. His reason is quoted by „Die Presse“ as follows:

I will not sit in a government that will lead the Czech Republic outside the mainstream of European integration. We have a vital interest in sitting at the table and participate in major decisions that affect us strongly.

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From a German Point of View: a Reply to Lawrence Auster

[This article, with an introduction by Baron Bodissey, was also published in Gates of Vienna]

At May 6, Lawrence Auster posted a comment on Germany‘s reaction on Bin Laden‘s death – a comment suddenly highlighting political tensions most of us are normally not aware of. I think it is worthwhile to examine Mr. Auster‘s argument to make clear the nature of these tensions, and what they could mean to the Counterjihad.

Auster‘s starting point is that Chancellor Angela Merkel has been criminally charged for expressing delight over Bin Laden‘s demise. He then quotes a poll according to which „64 percent of Germans do not see the death of Osama bin Laden as something to be celebrated“. To Auster, this indicates the „spiritual death“ brought upon Germany „by the consistent application of liberalism“.

There are some points Auster doesn‘t seem to understand: First of all, the question was not whether Bin Laden‘s death was good or bad, but whether one should celebrate it. In Germany, many terrorists have been killed by security forces during recent decades, and some commited suicide in jail. In no single case did a German government express satisfaction or delight about it, and in no single case there were public celebrations of the kind we are now witnessing in America. Celebrating anyone‘s death, and be it that of an ennemy, is considered undecent in Germany, and therefore, Mrs. Merkel‘s statement was at least an embarassing faux pas, regardless of whether it was illegal or not. It‘s something that is simply not done in this country.

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