Sunday, December 14, 2008

Pure Dee What Happened

drifts Germany?

Joschka Fischer wrote in "Time" is a column:
http://www.zeit.de/online/2008/50/fischer-kolumne-merkel

I think lies behind this column no more than an old-Joschka enmity against the Chancellor. Although here and there a sentence in truth Joschkas column inserted, Joschka proves yet with many manifestations, from the economic data that has little clue that he does not know what's really behind the financial crisis and puts their forecasts. He disclosed that he solved with his unilateral solution proposals, on national debt, the financial crisis, feels the same single track, as our French and British neighbors. Joschka has his meager knowledge of the financial crisis from the newspaper and tried with slogans against the federal government, which until now has done a good job, to sow distrust unproductive. For "Time" in parts of an indictment. This I would like
justify 'the

The Finance Minister is to be noted how difficult it is to him to abandon his dream of a balanced budget.
Dear Fischer: it is what it is NOT a solution to solve a financial crisis with the help of the public debt . That is, in my view no more than a transformation of the current problems in the future. I would support this temporal transformation of national interests when it comes to prevent distortion of competition as national car manufacturers to the international, government-subsidized competitors. I would fully supported this transformation over time, if I see that the cycle of business is interrupted and the patient "economic" urgently needs an injection in an economic cycle (eg auto parts suppliers), so that other organs of the circulation (Eg car manufacturers) to die. Otherwise, I can fully supported the federal government only in its view that public debt can not solve problems but only shifts in the future.

achieved with this step, the Franco-German discord an entirely new, since the founding of the EU as an unprecedented quality. It is not edited! Right now, in this world crisis, it will be vital to the cooperation between Germany and France. Without a common German-French, Europe will prove capable of acting as little. (...)
Since the beginning of this crisis, Germany as Europe's strongest economic power its leadership refused.

Joschka, it is simply wrong to run after other countries, like lemmings, even France, which have not detected clear on what the financial crisis goes. The issue is not secure now quickly with high public debt his own political and economic survival and to say: After me the deluge. What I care about the debt to my grandchildren. Click here yet, the next bubble . Germany has proved more than any other country in Europe and also in the world in terms of crisis management for the financial crisis size. Germany and especially Peer Steinbrueck have trodden paths, the unconventional, but correct. Unconventional I think the idea was to cut executive pay, if the rescue is claimed. This has so far implemented, no other country Sun Both the ideas and the rapid implementation in the Bundestag, the Bundesrat as well have shown that the federal government has both leadership for other European countries, and is able to act swiftly. I see no discord in the coalition. The team Merkel Steinbrück Steinmeier works well and I think even though they come from two completely different people's parties! I would if it would lack the fundamental strongholds of democracy to the quake, even for an extension of the legislature to approve by referendum a year, not only to disband the team. It would be useful to Germany to defeat the team with the financial crisis 2009th

No one knows how the crisis was developing, so peace was regarded as the first female chancellor and civic duty, so the position of head of government.
That's always a good recipe, right?

fact that Merkel and Finance Minister, and these can seriously claim to the applause of many media representatives, they know not what to come to us economically, and that one had to wait so is it strong. (...)
Pessimism in the face of this experience, so do not panic, but finally moving closer to reality.

You can tell that you look just a few people, the idea of forecasts, economic fundamentals have knowledge have been obtained. Just inform yourself even from reputable institutions, "you know you do not know much" is a statement that we hear from there. And "we know that the markets react as predicted and the forecasts resulting from stock market data" is another statement. The financial world is falling apart, at least in terms of predictability of data and this has now impact on the real economy.

Paul Krugman, "What the World is now needs a rescue operation. (...) First, we need to deal with the clear and present danger. This requires that politicians do around the world two things. Loans have re-issued and the consumer will again be postponed "
In my eyes it is not enough to cite a single Nobel Prize winner in order to support his own arguments . It was probably never been so difficult to get an assessment of the situation as today. The question "how the financial world" was never in such a thick, impenetrable Fog. Moreover, as the quote "loans must be issued again and again pushed consumer" refers to: Angela Merkel has also accused the banks that they do not accomplish their tasks in lending appropriate. And gave respect to the use, there already thinking of the Federal Government to intervene with a reduction of VAT, but this was lack of effectiveness is not pursued further. Other solutions will be found soon surely.

It is behind the German denial not even a strategy. The coalition simply stumble through their national instincts, follow on.

I see very good strategy. And what speaks as against a national instinct? Everything in the country, society, economy, the labor market is conducive, I can support only. Selfish acts that are only for my own personal benefits, such as the "hopping", which describes Mr Muentefering, I can only condemn.

The result is a triple vacuum, has to answer that the Chancellor: a substance vacuum, a leadership vacuum and a power vacuum.
Joschka that is polemic. What is it supposed to be a substance vacuum?

This column is my opinion and ill considered as little sound, like the comments of readers. The level of "Die Zeit" unworthy.

Thursday, December 11, 2008

Baby Coughing With Mucus

debt

The economy at the expense of is to support national debt when it is legally considered a transformation of the current problems in the future . I would support this temporal transformation of national interests when it comes to prevent distortion of competition as national car manufacturers to the international, government-subsidized competitors. I would fully supported this transformation over time, if I see that the cycle of economic is interrupted and the patient "economic" urgently needs an injection in an economic cycle (eg auto parts suppliers) so that other organs of the cycle (eg car manufacturers) to die. Otherwise, I can fully supported the federal government only in its view that can solve any debt problems, but it only moves in the future .

Wednesday, December 10, 2008

Does Pulse Increase With Infection

Global unrest

Is it just a feeling, or perhaps some truth to it: are global unrest and the number of politically or economically unable to take action to governments .

The last few weeks in Greece to an extent, as has been imagined not until a few months can. And of all other populations, as was the case in France: it is not the poor, Favored! The focus of conflict in India and Pakistan to be much more serious potential problem for the whole world. In Iceland the population, the Government is almost to inaction. The Dalai Lama is seen for the first time since the Olympic Games back in the political sector stalls and we all know what could be a domino effect, the question of Tibet to other minorities in China . In September, it has Bolivia talk of a civil war that could have international implications.

Are these signs of impending war?

I think a good recipe for individual countries' capacity to get out of the crisis, it is the optimism and cohesion of the population strengths. What is a country-specific and very difficult question. But the politics, economy and institutions of society would be well advised to think about it, how to strengthen this cohesion.

Sunday, December 7, 2008

I Am A Mad Dog Biting Myself For Sympathy Text

We need the maximum wage, not minimum wage.

Causes of the financial crisis? What is the impact of human greed? What can you expect from a greedy managers? What might be a better code of conduct for managers? What can a legally regulated maximum wage?

Looking at the financial crisis and analyzed the key words that are often cited in the media when it comes to the causes, then we come again any of: the greed. Profit, return on equity greed, the lust for still higher bonuses, according to still higher salaries.

analyzing turn this human greed and where it can lead, you come to two different things: first, the greed, mankind has always been brought forward. Meritocracy and greed has always been an incentive for humanity to get better and it has thereby also often raised to a higher standard of living.

However, the greed in Extreme roll over. On the stock market in the very regular intervals shown by "bubbles", such as the new media bubble 2,001th As such bubbles end of hyperbole knows. And since these bubbles are always the same pattern, they get a name and is not "stupidity" but professionally, "cycle" or "Konkunkturzyklus.

One aspect of all this quest for greed, I would like to highlight: the greed for more content and even higher bonuses . If all the things you want to buy and consume ever in his life or, on a timeline plotting and then, as usual is the discounted present value of today (with the inflation rate as Abdiskontierungsfaktor), then you know roughly how much money you have today in his account would have to be able to fulfill all his wishes to his death. Let's assume that not every day a new Porsche in front of the house door must stand, but without feeling envy, a new Porsche every two years (the old one is sold again). And such a cabin in the mountains, a boat and of course a house with a garden.

will it be interesting if one compares the thus calculated amount to the actual salaries of many managers. One quickly gets the feeling that you have miscalculated by several powers of 10. said Colloquially, we can say that no man can eat in a lifetime verkonsumieren so much and that he used the salaries, including bonuses, some managers ever in his lifetime. And these managers are now responsible for billions in writedowns and state aid at the expense of the taxpayer.

American megalomania in our salary structures

The American megalomania exists in many areas. Among other things, we have imported the American megalomania into our salary structure and life, we think, quite well with it. The answer to what would happen if We would abolish those excesses by imposing a statutory maximum salary is always the same: we would not get more adequately trained manager. They would move to other countries. And said sarcastically, then hopefully cause even more damage.

I'm just wondering: if a manager wants to work completely and solely because of his exorbitant salary at the top of a big company, why should I not then believe that this exact salary is perhaps his only source of motivation to work at all? A power-hungry, motivated and decent manager will not ask for more money, when he Life at a very high standard required. And how this can be a maximum, we have identified with the above present value calculation already. One quickly gets the feeling that executive salaries are only prestige and a bank serves primarily as a figurehead of those perceived size. It is also not matter how much a manager needs to live, but how much he earns compared to other managers.

We need a better code of conduct . But we also need a statutory maximum wage . An honest-working manager is so excited to be working with a lot of heart and passion in one of the few influential positions in major corporations and a powerful, respected figure to be. Such a manager is anxious to solve complex global challenges which must be asked. He also enjoys a competitive salary, a better life and that he was on a higher level than the average, it has allowed. But a decent manager will not make again and again in the negotiations with the personnel management even higher demands.

concrete form of the maximum wage

More specifically, I could imagine such a statutory maximum salary imagined as follows: For all state enterprises and large corporations in which the manager does not own the company shall be the maximum wage . For the so-called "family farms" from the middle class should be that the income generated should flow only to a certain extent as profit to the owners and the rest must be repaid as an investment in the company.

High-wage and unemployed Manager

opponents of the required minimum wages have often argued that a legally regulated minimum wage that is above the equilibrium wage leads to unemployment and therefore just punishes those populations, with the minimum wage should be protected from poverty.
out Conversely, of course, a maximum wage of the currently applicable under the equilibrium wage lies to unemployment. And while the managers who are not willing to work for less money at the same power. But 'let's face it: we are interested in these few managers?

What Happens When I Take Ativan?

Why "Utanapischti"?

Why have I chosen the name Utanapischti. I would try to explain briefly:

The name "Utanapischti" comes from an ancient traditional story in cuneiform. Utanapischti long before Noah was the only one who could save just as Noah and his family on an ark before a flood previously viewed. The parallels between Utanapischti and Noah are amazing. Perhaps the story of Noah, just from the much older story about Utanapischti written off?

For me Utanapischti are like Noah figures that represent the "origin" without them mankind would be different. They have shown courage to look without the ridicule of others to their inner voice obeyed and built an ark, which saved their later life.

Utanapischti for me, therefore, the importance of one end and a beginning. A source of new ideas and the end of old habits. My blog is intended to give food for thought, which may change slightly. I will try to do when even in very modest, and perhaps my post here and there to present a simple food for thought.