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Franz Müntefering - Wikipedia, the free encyclopedia

In April 2005, Müntefering criticized the market economy of Germany and proposed more state involvement to promote economic justice. In this speech, he described private equity firms as "locusts". He subsequently published a "locust list" of companies, which he circulated within the SPD [1]. This began a debate which has dominated the national news, being the subject of front-page articles and covered on the main television news broadcasts nearly every day. Müntefering's suggestions have been criticized by employers and many economists, but have met with popular support (up to 75% in some opinion polls).


The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Wed Nov 14th, 2007 at 04:44:12 AM EST
[ Parent ]
You say Locusts, I say Masters of the Universe. Locust, Master, Plunder, Growth, Let's Call the Whole Thing Off.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Wed Nov 14th, 2007 at 04:55:08 AM EST
[ Parent ]
And who knows, Merkel & Steinmeier may be singing this tune in a couple of months' time.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Wed Nov 14th, 2007 at 05:00:18 AM EST
[ Parent ]
FT


People close to Mr Müntefering, however, said the minister had grown increasingly impatient with both his party and Ms Merkel's leadership.

The resignation came one day after the coalition's top steering committee endorsed Mr Beck's proposal to increase unemployment benefits for older jobseekers, something Mr Müntefering had vehemently opposed. By contrast, Ms Merkel vetoed the vice-chancellor's plan to create a minimum wage in the postal sector.

For Mr Bartels, the resignation was the logical ­conclusion of a "slow surrender of power" by a man who had become the last soldier in the lost battle to modernise a nostalgic party that he had joined more than 40 years ago.

A trade unionist from the industrial heartlands of west Germany, Mr Müntefering had a close, almost emotional, identification with Germany's oldest party. For most of his career, he was seen as a traditionalist, once describing himself as "concrete-headed". As recently as two years ago, he was delighting left-leaning voters by comparing financial investors to "locusts" - a bronze statue of the insect graces his Berlin office.

This may be why his ­conversion to pro-market reforms after Mr Schröder launched his unpopular Agenda 2010 overhaul of social security and the labour market, was initially seen as an act of loyalty more than one of personal conviction.

Mr Müntefering was adamant he had undergone a change of mind. As parliamentary floor leader and despite initial misgivings, he forced the reforms through a divided and mostly hostile SPD parliamentary group in 2003. The following year, he took over from Mr Schröder as party chairman.

This is not the first time Mr Müntefering has slammed the door at a sensitive time. After a row with the party's left wing over the appointment of a secretary general, he resigned as party chairman in late 2005, just as the SPD and CDU were in the midst of negotiating their coalition agreement.

As the SPD turned to the left this autumn under Mr Beck's leadership and began rolling back Mr Schröder's reform legacy, Mr Müntefering grew increasingly ­isolated in his defence of Agenda 2010.

"reform" is explicitly opposed to "left", again.


In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Nov 14th, 2007 at 05:13:33 AM EST
[ Parent ]
Nicolas Sarkozy during a press conference with Angela Merkel, saying he wants to carry out the same reforms as Germany did some years back:

These are not measures of the right or the left. These are common-sense reforms that all other countries have carried out... countries that are successful...
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Nov 14th, 2007 at 10:21:03 AM EST
[ Parent ]


The struggle of man against tyranny is the struggle of memory against forgetting.(Kundera)
by Elco B (elcob at scarlet dot be) on Wed Nov 14th, 2007 at 10:43:00 AM EST
[ Parent ]

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