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(Business Insider)   German paper that gave a "Prussian spiked helmet" to head of the European Central Bank demand it back saying they gave it to him to remind him to be German and he has not been German enough   (businessinsider.com) divider line 35
    More: Amusing, Mario Draghi, Bild, NYSE Composite  
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784 clicks; posted to Politics » on 02 Aug 2012 at 11:02 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-02 11:05:11 AM
I don't think I get it. Not German enough? Do they think Germans are bad with money?
 
2012-08-02 11:06:22 AM
He hasn't sufficiently driven the rest of Europe into crushing, unrecoverable poverty?
 
2012-08-02 11:08:40 AM
I guess he had enough schnitzengruben
 
2012-08-02 11:09:37 AM
They let an Austrian become CFO, leading to a hostile takeover of Kompania Węglowa.
 
2012-08-02 11:10:00 AM
Am I the only one who thought "Prussian Spiked Helmet" was euphemism for something?
 
2012-08-02 11:10:42 AM
The Italian head of the European Central Bank isn't German enough?
 
2012-08-02 11:11:02 AM
If he doesn't watch it, he's going to find himself re-assigned to the Russian front.
 
2012-08-02 11:16:28 AM
He must have forgotten to celebrate the day his country bombed Pearl Harbor.
 
2012-08-02 11:17:24 AM
GINO!!!!
 
2012-08-02 11:21:09 AM

Horseshoes_and_B-52s: Am I the only one who thought "Prussian Spiked Helmet" was euphemism for something?


It's euphemism for "act of invading foreign land, killing natives and taking their name"
 
2012-08-02 11:23:31 AM

strangeguitar: He must have forgotten to celebrate the day his country bombed Pearl Harbor.


August 1st, 2012. A date which will live in infamy. When sluts were given free birthcontrol from the US government and the rest of the world forgot about past events because, you know, birth control is worse than killing soldiers or something or other.
 
2012-08-02 11:23:59 AM
He is only a weak Rhinelander, not a true Prussian!
 
2012-08-02 11:24:23 AM

Horseshoes_and_B-52s: Am I the only one who thought "Prussian Spiked Helmet" was euphemism for something?


Bust of Churchill

/awkward
 
2012-08-02 11:31:32 AM
Well, sounds like he's got himself into a bit of a pickelhaube there.
 
2012-08-02 11:32:23 AM
The Germans HATE bailouts, they HATE printing money or creating debt. Mostly anything that expands the money supply which indirectly causes inflation. Their economy is tuned to create wealth through skilled manufacturing and shy away from financial chicanery. They're one of the most fiscally conservative (in the true sense) countries in the world.

You can chalk it up to a healthy fear and memory of hyperinflation and the problems it caused.

I understand them, but sometimes they're over cautious. Inflation is a tool to be used wisely, and bailouts are unfortunately the safest course right now. Hopefully Germany will be adequately compensated for shouldering the burden, but a lot of countries are resentful of them and fear their growth of economic power. The EU was supposed to prevent a German hegemon, not facilitate it.
 
mhd
2012-08-02 11:33:59 AM
Didn't Engels once chide Prussia for collecting too many debts and printing money?

/Should've given him some Swabian spaetzle
 
2012-08-02 11:37:21 AM
Anger about someone being insufficiently pure? From Germans?

Madness.
 
2012-08-02 11:40:16 AM

Esc7: The Germans HATE bailouts, they HATE printing money or creating debt. Mostly anything that expands the money supply which indirectly causes inflation. Their economy is tuned to create wealth through skilled manufacturing and shy away from financial chicanery. They're one of the most fiscally conservative (in the true sense) countries in the world.



Their economy relies on being able to export goods to Eurozone countries that pay in cold hard Euros. The Germans benefited tremendously during the years of profligate spending in those same countries as the locals were buying German goods. Germans may hate bailouts but if they do nothing their economy will suffer grievous harm once the economies importing German goods collapse.
 
2012-08-02 11:42:22 AM

JK47: Esc7: The Germans HATE bailouts, they HATE printing money or creating debt. Mostly anything that expands the money supply which indirectly causes inflation. Their economy is tuned to create wealth through skilled manufacturing and shy away from financial chicanery. They're one of the most fiscally conservative (in the true sense) countries in the world.


Their economy relies on being able to export goods to Eurozone countries that pay in cold hard Euros. The Germans benefited tremendously during the years of profligate spending in those same countries as the locals were buying German goods. Germans may hate bailouts but if they do nothing their economy will suffer grievous harm once the economies importing German goods collapse.


All they have to do is cut taxes on the rich. That will create jobs.
 
2012-08-02 11:56:19 AM
The Germans think that every country can run a trade surplus
 
2012-08-02 11:57:16 AM

Esc7: The Germans HATE bailouts, they HATE printing money or creating debt. Mostly anything that expands the money supply which indirectly causes inflation. Their economy is tuned to create wealth through skilled manufacturing and shy away from financial chicanery. They're one of the most fiscally conservative (in the true sense) countries in the world.

You can chalk it up to a healthy fear and memory of hyperinflation and the problems it caused.

I understand them, but sometimes they're over cautious. Inflation is a tool to be used wisely, and bailouts are unfortunately the safest course right now. Hopefully Germany will be adequately compensated for shouldering the burden, but a lot of countries are resentful of them and fear their growth of economic power. The EU was supposed to prevent a German hegemon, not facilitate it.


IMO the problem with the Euro bailouts so far is that they're mainly targeted at keeping the creditors from panicking, not at actually turning the economy around. The core of the problem is the recession, but they've only been focusing on treating the symptom of high deficits and bond yields. It's also kind of bullshiat how the ECB keeps saying they're limited by their charter but they never actually talk about fixing the damn charter so they have the authority to deal with macro issues beyond inflation and act like a real central bank.
 
2012-08-02 12:17:31 PM

JK47: Esc7: The Germans HATE bailouts, they HATE printing money or creating debt. Mostly anything that expands the money supply which indirectly causes inflation. Their economy is tuned to create wealth through skilled manufacturing and shy away from financial chicanery. They're one of the most fiscally conservative (in the true sense) countries in the world.


Their economy relies on being able to export goods to Eurozone countries that pay in cold hard Euros. The Germans benefited tremendously during the years of profligate spending in those same countries as the locals were buying German goods. Germans may hate bailouts but if they do nothing their economy will suffer grievous harm once the economies importing German goods collapse.


I completely agree with you. A strong product is useless with no consumers.
 
2012-08-02 12:19:10 PM
`Sorry, Heinz & Olaf. Here's your block-heater back.'
 
2012-08-02 12:26:27 PM

Arkanaut: Esc7: The Germans HATE bailouts, they HATE printing money or creating debt. Mostly anything that expands the money supply which indirectly causes inflation. Their economy is tuned to create wealth through skilled manufacturing and shy away from financial chicanery. They're one of the most fiscally conservative (in the true sense) countries in the world.

You can chalk it up to a healthy fear and memory of hyperinflation and the problems it caused.

I understand them, but sometimes they're over cautious. Inflation is a tool to be used wisely, and bailouts are unfortunately the safest course right now. Hopefully Germany will be adequately compensated for shouldering the burden, but a lot of countries are resentful of them and fear their growth of economic power. The EU was supposed to prevent a German hegemon, not facilitate it.

IMO the problem with the Euro bailouts so far is that they're mainly targeted at keeping the creditors from panicking, not at actually turning the economy around. The core of the problem is the recession, but they've only been focusing on treating the symptom of high deficits and bond yields. It's also kind of bullshiat how the ECB keeps saying they're limited by their charter but they never actually talk about fixing the damn charter so they have the authority to deal with macro issues beyond inflation and act like a real central bank.


I've got the feeling that many countries are loathe to give more real power to the ECB for fear of it infringing on their own sovereignty. To be honest I understand because effective macro economic policy needs to acted upon by the member nation states in unison. I'm not a hard core economist, but I can imagine that some situations create "prisoner's dilemmas."

Also, the problems that created the recession are global in nature (US) so I don't know what their plan is for avoiding our fiscally irresponsible wagering that drives wall st.
 
2012-08-02 12:36:20 PM
No one who speaks German could possibly be an evil man.
 
2012-08-02 12:41:37 PM
How is it a giant spike sticking out of the top of your head is not a liability in combat? Unless the enemy makes a habit of leaping out of tall places to assault you from above I cannot see how this piece of military gear would have been considered a good idea.

Unless they subscribe to the "it is better to look like a badass than BE a badass" rule. If that's the case I give full marks. Those helmets are pretty cool.

/spent as much time in combat as Bill O'Riley.
//doesn't like to talk about it
 
2012-08-02 12:44:36 PM
uktvassets.co.uk

He used the word "fluffy"?
 
2012-08-02 12:45:32 PM

Esc7: I've got the feeling that many countries are loathe to give more real power to the ECB for fear of it infringing on their own sovereignty.


They probably should have thought of that before they joined the Eurozone.
 
2012-08-02 12:47:01 PM

HighOnCraic: No one who speaks German could possibly be an evil man.


Once all the Germans were warlike and mean,
But that couldn't happen again.
We taught them a lesson in 1918
And they've hardly bothered us since then.
 
mhd
2012-08-02 12:54:47 PM

T.M.S.: How is it a giant spike sticking out of the top of your head is not a liability in combat? Unless the enemy makes a habit of leaping out of tall places to assault you from above I cannot see how this piece of military gear would have been considered a good idea.


Supposed to deflect downward attacks with sabers and the like (spike was metal, helmet was leather). Not that useful in trench warfare or anything even more modern, which is one of the reasons it was phased out again, after making the spike detachable for a while.

/Better not get into the Freudian view of things...
 
2012-08-02 12:56:14 PM

BMulligan: HighOnCraic: No one who speaks German could possibly be an evil man.

Once all the Germans were warlike and mean,
But that couldn't happen again.
We taught them a lesson in 1918
And they've hardly bothered us since then.


Link
 
2012-08-02 03:17:20 PM

HighOnCraic: BMulligan: HighOnCraic: No one who speaks German could possibly be an evil man.

Once all the Germans were warlike and mean,
But that couldn't happen again.
We taught them a lesson in 1918
And they've hardly bothered us since then.

Link


Link

Cold war political humor at its best.
 
2012-08-02 07:30:34 PM
You know who ELSE thought other Europeans weren't "German enough?"
 
2012-08-02 10:38:54 PM

HighOnCraic: No one who speaks German could possibly be an evil man.


i242.photobucket.com

Agrees

/not really evil
//Böse Miene gutes Spiel
 
2012-08-03 01:32:38 AM
NOCH MEHR EZB-MILLIARDEN FÜR SCHULDENSTAATEN? DANN WILL BILD DIE PICKELHAUBE ZURÜCK!
 
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