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this makes it seem like all the Germans have dumb ideas...

Why doesn't anyone at ET promote stories like the one that Ursula von der Leyen (the head of the  Federal Minister of Labour and Social Affairs) has been trying to promote a United States of Europe? Personally, I like her vision a lot more! People like her are needed and it is refreshing to see a conservative German politician with a vision!

I am still hoping that the financial crisis in the end will have accelerated a true unified Europe...

by crankykarsten (cranky (where?) gmx dot organisation) on Wed Aug 31st, 2011 at 12:03:29 PM EST
actually, it is refreshing to see a German politician with a vision. For that matter, any politician with a vision... Sad.
by crankykarsten (cranky (where?) gmx dot organisation) on Wed Aug 31st, 2011 at 12:05:59 PM EST
[ Parent ]
crankykarsten:
Why doesn't anyone at ET promote stories like the one that Ursula von der Leyen (the head of the  Federal Minister of Labour and Social Affairs) has been trying to promote a United States of Europe?

Our German based ET members would be ideally placed to write such a diary.

by Bernard on Wed Aug 31st, 2011 at 12:12:18 PM EST
[ Parent ]
not blaming all of them - just a rather senior one.

Wind power
by Jerome a Paris (etg@eurotrib.com) on Wed Aug 31st, 2011 at 01:11:38 PM EST
[ Parent ]
Really. Henkel hasn't hold any position of power since 2000. The man is about as relevant as Donald Trump, You should know this.
by IM on Wed Sep 7th, 2011 at 06:37:20 AM EST
[ Parent ]
Ursula von der Leyen is the insane German Labour Minister who recently proposed that Greece should collateralise its rescue with its gold reserves.

Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Wed Aug 31st, 2011 at 02:24:53 PM EST
[ Parent ]
To be fair, a useless gold reserve for a useless "rescue" package is not the worst of the demands that have been placed on Greece.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Aug 31st, 2011 at 03:47:35 PM EST
[ Parent ]
I am absolutely positive some of my old Sozialistischer Deutscher Studentenbund comrades are screaming and throwing things.  

Die Linke is saying:

To the disagreement between the CDU and FDP on the issue of Euro Bonds the chairman of the party Die Linke, Gesine Lötzsch said:

DIE LINKE demands for a long time Euro Bonds as a solution to get out of the euro crisis. But the chancellor and her economy minister continues to defend themselves against this meaningful measure to rescue the euro. They are afraid of their own party, in which ideology prevails over economic expertise.

We have to make the experience, that the Chancellor always responds only when the child has fallen into the well. She only responds to catastrophes. That was the case of Greece, and with Fukushima. Such a catastrophe-style government comes to the tax payers very expensive.

Euro Bonds are not enough. The markets need clear rules. The neo-liberal governments are afraid of implementing these rules, because first they have to solve financial dependency of the financial industry. Since Lehmann collapsed three years ago, nothing effective has been done to get the financial markets under control. On the contrary, the overwhelming power of financial markets are more threatening. Rating-agencies play God and put millions of people in fear and terror.

This can not go on like this. DIE LINKE demands from the Federal Government and the governmental parties to throw the neo-liberal concepts to the dustbin of history and finally have the financial markets in their place.

As the first step, the imposition of the financial transaction tax. The revenue from such a tax would immediately stabilize the euro, and make all anti-social reduction packages obsolete.

Die Grünen is saying:

Green financial market policy is based on the principles of liability and responsibility - in stark contrast to what we experienced recently during the global financial crisis, when these principles were flouted on a massive scale: despite bank losses running into billions and bail-outs funded by the taxpayer, bankers and shareholders are still being paid massive dividends and bonuses.

So they have their heads on straight.

I think it's more the fact we've got a relatively small percentage of German contributors so what pushback there is in Germany doesn't get the attention it deserves.
 

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Wed Aug 31st, 2011 at 03:17:05 PM EST
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