Display:
Just found this post on a German blog.

He mentions two other media shows from yesterday.

  1. "PlusMinus", a TV show dealing with economic topics. Showing how the government for 10 years had supported and praised de-regulation. Highly critical of the government. For example the finance ministry guy back in 2006 praising unregulated credit derivatives is now the guy responsible for organizing the rescue/regulation.
  2. "Frontal21", a political TV show. Attacking the German banking supervision office. As in for far too long "hiding" problems in banks. By not making them public it allowed the problems to grow much larger.
by Detlef (Detlef1961_at_yahoo_dot_de) on Wed Oct 15th, 2008 at 07:35:39 AM EST
Great title for the blog:  "Don't Know Nothin."  Danke.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Wed Oct 15th, 2008 at 07:45:15 AM EST
[ Parent ]
Thanks for the pointer! (1) is not just about rhetoric but seems quite important -- it doesn't bode well for my trust in the government's plans.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Oct 15th, 2008 at 08:04:04 AM EST
[ Parent ]
This older entry by weissgarnix is also a clincher: in 2005, based on a study by a think tank front of the German banking lobby, Merkel and a couple of other CDU MPs asked the Schröder government when and how it intends to remove obstacles to the creation of derivatives -- and the government answered by stating it is a priority...

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed Oct 15th, 2008 at 08:20:40 AM EST
[ Parent ]
There is a reason why I´m reading him daily by now. :)
Reading that was quite a surprise!

I don´t quite remember how I found him. I think it was on the "Die Zeit" economic blog "Herdentrieb". He comments there quite often.

by Detlef (Detlef1961_at_yahoo_dot_de) on Wed Oct 15th, 2008 at 02:58:43 PM EST
[ Parent ]
Yes.
When I watched the video on their website I was really surprised. Quite hard hitting. Showing both the complicity of the Schroeder and the Merkel government with the "financial interests".
by Detlef (Detlef1961_at_yahoo_dot_de) on Wed Oct 15th, 2008 at 02:54:53 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series