Jean-Claude Trichet delivered an amazing speech for being honored with the Karlspreis in Aachen. To paraphrase our new Viking Chieftain Jean-Claude: “Would it go too far if we envisaged, at this second stage, that we — the EU vikings in liaison with the ECB vikings — invade a country which is still not delivering, plunder its treasures and subjugate its labor force.”
There’s no need for me to comment on this speech further. Others have already done so already in a brilliant way. Please read Bill Mitchell’s When the elites wine and dine together and hand out prizes to each other and Michael Hudson’s EU: Class War Declared.
Es geht auch darum, dass man in Ländern wie Griechenland, Spanien, Portugal nicht früher in Rente gehen kann als in Deutschland, sondern dass alle sich auch ein wenig gleich anstrengen - das ist wichtig … Wir können nicht eine Währung haben, und der eine kriegt ganz viel Urlaub und der andere ganz wenig.
— Angela Merkel in Meschede
Translation: It is also about not being able to retire earlier in countries such as Greece, Spain (and) Portugal than in Germany. Instead everyone should try a little bit to make the same effort. That is important, … We can’t have a common currency where some get lots of vacation time and others very little. [That won’t work in the long term,] …
Conclusion: The German Chancellor Angela Merkel is too dumb to read a single chart.
Me thinks there will be a HOT summer in Europe. Spain’s youth rebels against the insane austerity measures imposed on the economy by the Spanish government. The unemployment rate for young Spaniards is 40%. The Lost Generation of Young Spaniards is outraged:
We are ordinary people. We are like you: people, who get up every morning to study, work or find a job, people who have family and friends. People, who work hard every day to provide a better future for those around us.
Some of us consider ourselves progressive, others conservative. Some of us are believers, some not. Some of us have clearly defined ideologies, others are apolitical, but we are all concerned and angry about the political, economic, and social outlook which we see around us: corruption among politicians, businessmen, bankers, leaving us helpless, without a voice.
This situation has become normal, a daily suffering, without hope. But if we join forces, we can change it. It’s time to change things, time to build a better society together. Therefore, we strongly argue that:
Since Monday I’m on a business trip for three weeks. Thus I’ve not a lot time to procrastinate with my blog and blogging will be very light. But I’ve added a GIGO tag to my browser/reader to mark stuff for future posts.
Have you ever wondered how a very successful German exporter looks like. The photo above is the company Württembergische Allplastik GmbH. Worldwide market leader — drum-roll — for cable ties. Now if you think the building looks a little bit dull I missed the photo opportunity while the owner parks one of his five cars in front of the entrance. Among them a very nice Lamborghini.
Image: Derveniotis Spiros
David Hume. Today he’s 300 years old :~) I’m NO David Hume cheerleader but I think Schopenhauer is correct noting “there is more to be learned from each page of David Hume than from the collected philosophical works of Hegel, Herbart and Schleiermacher taken together”. Especially Hegel!
I also note on this occasion the philosophical poverty of US academic libertarians. These guys are only ridiculous and should be immediately fired. Instead of commemorating David Hume a
Beside this I wonder about that statement from another Pileus Blog academic idiot: “Of course, how can we afford to keep teachers in the classroom when we need that money to dish out to gay seniors?” Is this a new libertarian movement which makes worthwhile spending dependent on whether it goes to children or gay seniors?
I really wish I would have the chance to confront myself with a first-class liberal like David Hume and not only first-class idiots who pretend to be.