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What is the institutional framework here? Who can impeach, fire, and appoint?

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by A swedish kind of death on Tue Nov 23rd, 2010 at 03:27:49 PM EST
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I think appointment is by the Council, at the recommendation of the €-zone central wankers. I don't think it's possible to impeach or fire a central wanker - that's the whole point of having an "independent" (read: Dependent on courting the banksters rather than the democratically elected parliament) central bank.

But the whole point of having a constitutional crisis is to re-write the institutional relationships...

I'd suggest going after Weber. As satisfying as putting Trichet's head on a pike would be, he has only a year left as chairman of the Politburo ECB. So Weber and Stark are the clear and present dangers. And when the Council tells us to fuck off and die, we have a perfectly fine argument for when Weber and Stark blow up the €-zone political economy again a few years down the road: "We told the Council that this was insane, but they went and did it anyway. Clearly it is time to make the Council more receptive to democratic input and less to shady back-room deals."

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Nov 23rd, 2010 at 05:04:19 PM EST
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