Skybird
05-15-10, 03:42 AM
http://www.guardian.co.uk/world/2010/may/14/nicolas-sarkozy-threat-greece-row-angela-merkel
German news referred to this on basis of the El Pais already yesterday. the government - of course - denies that this has happened. But the signs and signals clearly tell a different story.
What it really says is: "If you Germans do not pay for our French banks losses and european credits, we let it all fall apart."
Again, Germany's Merkel makes an extremely incompetent figure, like since very long now when having seized to do her job and just manouvering to preserve her power in - so far all misled - calculations. The key voting in Northrhine-Westphalia one week ago nevertheless got lost, delivering her party a crushing defeat and the loss of control in the upper house (she tried to freeze all critical issues until after the election). We now have a classic lame duck in the Kanzleramt - for the next three and a half years. She should not have accepted the French blackmailing, but should have invited the French to leave - with Germany then having an excuse to leaveas second, but now being able to put the blame for the Euro failing on France.
I would like to have an option in elections, not to vote for somebody, but just to vote against somebody without having to elect his rival instead. :) There is no reason in voting against the plague if the price for this is having to accept cholera.
France since years is trying to destroy the independence of the ECB in an attempt to make it prone to wanted political manipulation to tackle French debts by raising inflation in the Eurozone (which is completely opposite to the ECB's most primary duty and in the past made it so very different to the Fed - but now no more). The French saving efforts so far have been minimal and characterised by great unwillingness, at best. It seems Sarkozy saw this opportunity as the great chance to enforce the decisive victory in the battle for the ECB.
German news referred to this on basis of the El Pais already yesterday. the government - of course - denies that this has happened. But the signs and signals clearly tell a different story.
What it really says is: "If you Germans do not pay for our French banks losses and european credits, we let it all fall apart."
Again, Germany's Merkel makes an extremely incompetent figure, like since very long now when having seized to do her job and just manouvering to preserve her power in - so far all misled - calculations. The key voting in Northrhine-Westphalia one week ago nevertheless got lost, delivering her party a crushing defeat and the loss of control in the upper house (she tried to freeze all critical issues until after the election). We now have a classic lame duck in the Kanzleramt - for the next three and a half years. She should not have accepted the French blackmailing, but should have invited the French to leave - with Germany then having an excuse to leaveas second, but now being able to put the blame for the Euro failing on France.
I would like to have an option in elections, not to vote for somebody, but just to vote against somebody without having to elect his rival instead. :) There is no reason in voting against the plague if the price for this is having to accept cholera.
France since years is trying to destroy the independence of the ECB in an attempt to make it prone to wanted political manipulation to tackle French debts by raising inflation in the Eurozone (which is completely opposite to the ECB's most primary duty and in the past made it so very different to the Fed - but now no more). The French saving efforts so far have been minimal and characterised by great unwillingness, at best. It seems Sarkozy saw this opportunity as the great chance to enforce the decisive victory in the battle for the ECB.