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Can it get more mediocre than this? Von der Leyen is filler material. What have we done?

Schengen is toast!
by epochepoque on Tue Jul 2nd, 2019 at 10:33:30 PM EST
[ Parent ]
We haven't done it. Macron and Merkel have cemented in place the actual head of the Commission, Sec-Gen Martin Selmayr, with a token figure as front (which was previously the case with Juncker anyway). In return Macron got a Frenchwoman into the BCE (something of a token too, because Lagarde is a lawyer, not a central banker).

It seems (say "reports") that some countries voiced disapproval on Monday of Selmayr's excessive power (and abuse of) at the Commission. Were these voices heard?

I used to be afew. I'm still not many.

by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Wed Jul 3rd, 2019 at 08:12:35 AM EST
[ Parent ]
So is the cumulative effect a de-powering of the EU institutions relative to its major constituent states? It is hard to see any of the five proposed appointees powering the EU forward as an entity in its own right. Those who had been relatively effective within the EU institutions - Barnier, Vesteger, Timmermans - were not rewarded.

The EP get's a President - Bulgarian ex-PM, Sergei Stanishev - hardly like to drive it forward. More a sop to Eastern Europe. The socialists get a sop in Josep Borrell, who at 72 doesn't seem likely to herald a new era in external relations. Has Christine Lagarde made waves at the World Bank, or Charles Michel in Belgium? Ursula von der Leyen seems to have become an embarrassment to the German government, so has been "put out to pasture". Is Ursula von der Leyen also a sop to NATO and the USA?

I know my suggestion of Merkel for President hasn't eh been, eh, universally popular here, but at least her appointment would have suggested the EU is taking itself seriously. Boris will think there is an opportunity here for a whole new approach to Brexit on the part of the EU. Fortunately, without an extension, the UK will be out before the new Commission takes office.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Jul 3rd, 2019 at 09:56:54 AM EST
[ Parent ]
"de-powering of the EU institutions" : depends on whether you think drunker-Juncker was a powerhouse. Alternatively, you could see firmness and continuity in Selmayr, the boss in the shadows. </snark>

France and Germany did agree on the Timmermans package, but it wasn't going to go through because of V4 and Romanian opposition. So probably Macrel and Merkon got together and said "Screw this, we'll just pick our own people." Makes as much sense as the rest of it.

"Boris will think" : that will be something new. </not even snark>

Things are going to slide, slide in all directions Won't be nothing Nothing you can measure anymore L. Cohen

by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Wed Jul 3rd, 2019 at 11:44:05 AM EST
[ Parent ]
"Boris will think" Immediately followed by "Who cares?" on the continent.
by Bernard on Wed Jul 3rd, 2019 at 06:28:37 PM EST
[ Parent ]
Christine Lagarde @WB? Perhaps the IMF 😉
Former Finance Minister of France ... interesting education history ... received France's highest honneur in 2012 ... made some bloopers in her days, ask Tapie ... merci.

Global Warming - distance between America and Europe is steadily increasing.
by Oui on Wed Jul 3rd, 2019 at 02:11:09 PM EST
[ Parent ]
Lagarde
is chair/MD of the odious IMF, subsidiary of US fed gov, as crypt keeper of USD purchase power ("petrodollar") in the post-WWII imperial basket of "reserve currencies," or SDR credit tokens USD, JPY, EUR, GBP (RMB added 2008).

The principle function of this institution is lending USD to sovereign governments on terms and conditions ("structural adjustment programming") which have not produced desirable "development" goals of the borrowers' constituencies.

The odious World Bank is a subsidiary of the IMF. Few care who is the chief of the WB. The principle functions of this institution is (1) lead generation to borrowers and (2) supplementary IMF loan creation and reporting.

"Waves"
Lagarde publicized receipt of the "Lagarde List" CD of internat'l tax evaders (2010) from the Ministry of Finance, France.

Lagarde succeeded the perv Dominique Strauss-Kahn ("DSK") mid-term 2011.

Lagarde has ambiguously defended restructured IMF "odious debts" from her office, following some agitation in the ranks.

Lagarde has exquisite taste in jewelry and an inexplicably even, permanent "Coco" complexion.

Other than that ...

Diversity is the key to economic and political evolution.

by Cat on Wed Jul 3rd, 2019 at 03:17:48 PM EST
[ Parent ]
Lagarde is not de Guindos, Minister of Economy, Industry and Competitiveness of Spain, Ambassador to The City, UK .

Diversity is the key to economic and political evolution.
by Cat on Wed Jul 3rd, 2019 at 03:24:37 PM EST
[ Parent ]


Diversity is the key to economic and political evolution.
by Cat on Wed Jul 3rd, 2019 at 03:25:09 PM EST
[ Parent ]
The IMF and World Bank: Partners in Backwardness

I've haven't read any of his books. But demos of Hudson's ballast below the surface of innerboob chatter seldom disappoint me. Can't say the same for Krugman or Baker, yo.

Diversity is the key to economic and political evolution.

by Cat on Fri Jul 5th, 2019 at 01:03:47 PM EST
[ Parent ]
deck chairs

Europe needs to find candidate to head IMF: France

France was aware that support was building for Carney, the official added, saying that if Paris decided to back him it would be sooner rather than later. However, there is concern about the precedent backing [Mark] Carney would set since he is "basically a Canadian" even though he is highly regarded, the official said.
[...]
Traditionally the Washington-based IMF has been led by a European, while its sister [sic] institution the World Bank has been run by an American. At times, larger emerging market countries have sought to disrupt the duopoly with their own candidates.

Given that the World Bank presidency recently went to American David Malpass,

uh oh
the French official said there was no reason why the IMF should not go to a European again.

Other Europeans "well considered" in Paris for the IMF job include EU Competition Commissioner Margrethe Vestager and former Dutch finance minister Jeroen Dijsselbloem, the official said.



Diversity is the key to economic and political evolution.
by Cat on Sun Jul 7th, 2019 at 10:49:26 PM EST
[ Parent ]
It would seem an EU office is viewed as relegation in both Germany and France, especially the former.  If this is actually the attitude of the two biggest players, you could appoint the most dynamic politicos of all time for the top jobs, and the EU train would still go nowhere.
by rifek on Thu Jul 4th, 2019 at 01:02:33 PM EST
[ Parent ]
as in, what have we done to deserve this?

Schengen is toast!
by epochepoque on Wed Jul 3rd, 2019 at 11:48:06 PM EST
[ Parent ]
To quote Clint Eastwood in "Unforgiven", "Deserving's got nothing to with it."
by rifek on Thu Jul 4th, 2019 at 01:06:39 PM EST
[ Parent ]
It seems (say "reports") that some countries voiced disapproval on Monday of Selmayr's excessive power (and abuse of) at the Commission. Were these voices heard?

If they had been heard, the obvious solution would not have been to put another German into the (formally) top post...

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Jul 4th, 2019 at 08:51:39 AM EST
[ Parent ]
To the contrary, it is an unwritten rule that the president of the Commission and the civil service's secretary general cannot be from the same country. So if von der Leyen's appointment is confirmed, Selmayr is out.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Thu Jul 4th, 2019 at 08:21:05 PM EST
[ Parent ]
Unwritten rule or not, I suspect von der Leyen will get whoever see wants for the job. An unwritten rule is a rule only until its not. Ask the British...

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Jul 4th, 2019 at 11:32:45 PM EST
[ Parent ]
She won't want Selmayr, who was close to the Lixeburgish Commissioner Viviane Reding. Von der Leyen is also said to usually dismiss all the top-level appointees when she comes into a new job, to replace them with people she trusts.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Jul 5th, 2019 at 06:55:07 AM EST
[ Parent ]
That would indeed change the situation. I wonder who she trusts?

Things are going to slide, slide in all directions
Won't be nothing
Nothing you can measure anymore
L. Cohen
by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Fri Jul 5th, 2019 at 09:46:44 AM EST
[ Parent ]
STRASBOURG -- European Commission Secretary-General Martin Selmayr said he will leave his post "at the end of next week" to quell concerns about a German-dominated EU executive.


Things are going to slide, slide in all directions
Won't be nothing
Nothing you can measure anymore
L. Cohen
by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Tue Jul 16th, 2019 at 04:29:17 PM EST
[ Parent ]
There's been opposition to Selmayr since his appointment, none of it has winkled him out. And the nice thing about unwritten rules is they can be handily redefined.

We'll see.

Things are going to slide, slide in all directions
Won't be nothing
Nothing you can measure anymore
L. Cohen

by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Fri Jul 5th, 2019 at 06:16:17 AM EST
[ Parent ]
I think the manner of his appointment caused some principled opposition. I don't know how much was personal. If von der Leyen brings in her own people "who she trusts" they are also likely to be German given she has only worked for the German Government in recent years. Another job will be found for Selmayr. Brexit negotiator?

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Jul 5th, 2019 at 12:09:14 PM EST
[ Parent ]
The manner was rightly criticised. Selmayr has also been considered personally as Machiavellian, manipulative, etc (how rightly I don't know).

As late as seven months ago, Parliament voted 71% for a resolution calling for his resignation.

Brexit negotiator? That's an idea...

Things are going to slide, slide in all directions
Won't be nothing
Nothing you can measure anymore
L. Cohen

by john_evans (john(dot)evans(dot)et(at)gmail(dot)com) on Fri Jul 5th, 2019 at 01:08:55 PM EST
[ Parent ]
Duly noted: The Martin Selmayr Scandal Dec 2018

Selmayr's work has included publishing July 2018

Selmayr also proved to be sympathetic April 2017

Selmayr tweeted yesterday night June 2015
ECB and IMF "characteristics"

--
2019-2024 EP waste disposal priority?
EU Ombudsman concludes Martin Selmayr appointment probe Feb 2019
non-binding disciplinary action
Martin Selmayr: 'I'm never worried about anything' May 2019
occupation outlook

Diversity is the key to economic and political evolution.

by Cat on Fri Jul 5th, 2019 at 01:40:00 PM EST
[ Parent ]
Believe it or not, EC description of Commission Secretary General title
a job which "requires not only special experience with regard to the functioning of the Commission, its working methods, its decision-making process and its inter-institutional role, but also a particular level of trust that the President can place in the Secretary-General" and that there is "only a handful of people at most who fulfil these special requirements."
bears striking resemblance to position of *Senior Advisor (formally added 1993 to executive cabinet), fulfillment of and compensation for which US Congress enjoys no statutory and regulatory authorities. Too the dismay of some. Recently.

Diversity is the key to economic and political evolution.
by Cat on Fri Jul 5th, 2019 at 02:09:44 PM EST
[ Parent ]
useless Hatch Act
Kellyanne Conway

Diversity is the key to economic and political evolution.
by Cat on Fri Jul 5th, 2019 at 02:13:18 PM EST
[ Parent ]
Aix-en-Provence

Lagarde 'uniquely qualified' to head ECB: Coeure

"She knows how the global economy works. She knows how Europe works. And she knows how to talk to financial markets," [Benoit Coeure, ECB board member] added.
[...]
Coeure, whose term at the ECB ends at the end of the year, told BFM Business television that he was not a candidate to replace Lagarde at the IMF.


Diversity is the key to economic and political evolution.
by Cat on Sun Jul 7th, 2019 at 10:32:37 PM EST
[ Parent ]

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