News Links: ECB’s Draghi Says Debt-Crisis Strategy Is Working

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5 Comments
  1. Oldrich says

    The French socialist presidential candidate is even more pro-European than Sarky. 

    http://francoishollande.fr/

    Let me just make a general observation about I dare to make about some English speaking bloggers which I got after observing their opinions for some time and their working with the “facst”. It is fine if for whatever reasons you loathe the EU project, socialism, euro as a currency …etc.  We all have our opinions and word-views. It is fine when you selectively pick events that suit and seem to prove your bias. But in that case don’t be surprise when there are people like me who call you out on it.

    And becaus I always strive to make statements which I can support by the facts I give you a concrete example about a certain blogger I remember (because at that time I was thinking “why on earth does this guy even comment on politics as his understanding is obviously at a level of a 10 year child ?”.

    Example n.1) The Slovak vote on the EFSF. A very minor figure in the Slovak politics (at best) Richard Sulik from a party Freedom and Solidarity was hailed a hero when he refused to vote in favor. I was at the time getting a newsletter from one forecasting company who were singing eulogies on the guy – it was obvious they knew nothing about the Slovak politics (and the context and the guy’s motivations) and I suspect if asked most of them wouldn’t even find Slovakia on the map but why should they bother ? The guy voted against the hated EU he is our hero (at least for a day or two). They don’t care to mention that is mostly a cynical political calculus to sink a very fragile Government when he calculated that is advantageous for him to look high-principled with the group of his voters. Of course they do not care that by far the strongest political party in Slovakia (40 % of votes expected) is strongly pro-European. Why should they ?

    Example 2) Czech prime minister Necas demanding referendum on joining the EURO in October 2011. What a reasonable and profoundly democratic gesture. Right ? Except a couple of points. First, the prime minister’s party has always been strongly opposed against all forms of “direct democracy” – plebiscits, referendums, direct election of president… prior to that they have always vehemently blocked  all attempts to introduce these institutes branded blocked all attempts  these as “populist”. 
    The obligation to join the common currency was a part of the EU admission treaty approved in plebiscit in 2003 by a majority of 78 % voters.
    Furthermore, the blogger (being a total political analphabet) cannot understand sometimes what is needed is just to give a verbal support to the common currency and if you cannot do that you just remain silent and you do not undermine and sabotage the effort of your partners. In either case you are not bound by any obligation and leave yourself plenty of space for future decisions – and you wait how the things will pan out.  Nobody was putting a gun to the Czech republic’s head forcing them to join the common currency immediately. After all, joining the common currency would be matter of couple of years in the future…. So the declarations of premier Necas was pure populism. Yeah but I guess for some bloggers it is too hard to understand this…

    3) Blowing out of proportions : Some countries staying out of some countries on proposed EU changes last November :
    Some blogger (apparently in their blind hatred) grasping at everything resembling a feud, discord, problems, troubles….
    Prime Minister was first a hero for certain bloggers when he vetoed the EU-changes treaty only to let them down when said in “question time” that the EU membership is “vital for Britain’s national interests”. 

    4) Giving importance to “second league” (at best) figures in the EU politics like Nigel Farage. Yeah, I understand it. He is passionate, he is radical, he is loud, he is outspoken, he is visible…. Ideal combination for the media. Something like Peter Schiff in the States.

    I can continue on and on…but that is the point I was trying to make….

    1. Edward Harrison says

      The Germans too are misunderstood here. They have proved to be very reliable Europeans who want the euro to succeed. One can fault the economic paradigm but they have gone the extra mile – and will continue to do so — in my view

      1. Dave Holden says

        I agree entirely on Germany, the problem I have with the Euro is I don’t see it as politically feasible even in the medium term. For monetary union to work, you need fiscal union and for fiscal union you need some sort of common electorate. Even when you have those things it can be tough, look for example at the problems Britain is having right now in convincing Scotland to remain in the UK.

  2. Dave Holden says

    Android introduces user interface guidelines http://developer.android.com/design/index.html

    1. Edward Harrison says

      I saw that one of the stories I posted referred to these guidelines but they may not be enough to stop the fragmentation frustration that is slowly creeping into Android

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