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May 16 2011


[Brad DeLong: No, the IMF Does Not Need Another European Head...] ?

written by oAnth as a commentary to entry-permalink at

The kind of rough language, which is in use here by Brad DeLong, reflects to a high extend a certain financial imperial attitude that points IMHO in 2 directions:

a) the Americans and UK are quite sure, that Mme Lagarde won't make it, because of her more or less open critics she uttered last year in case of the German debts politics concerning Southern Europe and Merkel Germany's  low income policy,

b) Lagarde would be the third French IMF-chief the last 20 years  (after Michel Camdessus 1987-2000 & Strauss-Kahn, from 2007 on). A quite cheap argument but certainly in some other European states' interest, foremost unfortunately in Merkel's and Cameron's.

A political open confrontation between Germany and French could be the result of a by the US provoced opposition to Lagarde's candidature; unnecessary to explain who would be the 3rd winning part as consequence of such a constellation.

Brad DeLong's reaction on Münchau shows a typical reductionist standpoint à la US foreign and financial policy, which is internationally one of the major reasons for local disintegration, balkanisation and hereby sparked tensions.
A short view back might help, what must be considered in the political situation of Europe today.

Since the Greek financial breakdown Europe's politics are completely disintegrated due to Frau Merkel's political mono German orientated economic diplomacy. The multiplicity of interests inside the European Union has been abandoned by Germany's financial and social agenda - what means, that the economic strongest part of Europe decided to follow a national authoritarian guide line, which accelerates the already ongoing rejection against the European Union inside and outside the member states and triggers more and more open resistance against the by the IMF and Germany as economic remedy claimed financial and social hardships.

As a consequence of Merkel's authoritarian IMF policy outlines it takes not too many subsidiary conclusions to understand, why Europe has used so weak measures against the new Hungarian constitution. In fact, it seams much more, that there is a silent laissez-faire agreement with the legal changings enforced by Viktor Orbán.

Arguments inside and outside of Germany which are pointing in the same direction are endless and, I must admit, for Europe's sake, frightening. Merkel's political ruthless opportunism has proven since the beginning of the Greek crisis more than once its disastrous effects.

Btw, I don't ask necessarily for Mme Lagarde as a successor for Strauss-Kahn - nevertheless, she is praised as one of the most capable - but I am asking from the American side for a much more subtle insight in European politics as it is shown here by one of the most renowned US-American economist. This saying I don't want to play down Münchau's rather undiplomatic shooting forward.

At the address of Brad DeLong: to propose Larry Summers as chief of the IMF follows quite frankly spoken directly an already much too wellknown and hardly to forget neoliberal policy with all its consequences we see us in today - it would be worth a new chapter in Naomi Klein's analysis of the Shock Doctrine. A brief brainstorming on the 2nd Clinton term should be rather helpful, likewise in this regard is also to consider a look to the readers' comments in Brad DeLong's blog.

oAnth - Muc - 2011-05-16-19

written as a commentary to permalink at

No, the IMF Does Not Need Another European Head | Blog - Brad Delong - 2011-05-16

Wolfgang Munchau is fast out of the gate:

The IMF needs another European head: This is not the most fashionable argument one could make so soon after the events in New York at the weekend. But let me say it flat out: I believe the case for a European successor to Dominique Strauss-Kahn is overwhelming. To be clear: I am not supporting the principle that the managing director of the International Monetary Fund should, by default, be a European. On the contrary, I believe the job should always go the most capable candidate. I just believe that considering the IMF’s current priorities, one should not be so quick to rule out a European candidate at this point...

But he has no European candidate. He names only one name, Christine Lagarde--and with all due respect, certainly I would rather have either Armenio Fraga or Larry Summers.

Munchau continues:

The IMF’s most important programmes are currently European. The eurozone’s contagious financial crisis constitutes the biggest threat to global financial stability today.... What is perhaps not so much appreciated outside the eurozone has been the IMF’s political role in keeping the eurozone’s rescue strategy on track.... The eurozone clearly needed the IMF’s technical competences in dealing with its sovereign debt crises.... But the IMF’s single most important influence in eurozone crisis resolution has been political. In a situation marked by a lack of political leadership, the IMF filled a vacuum.

So I wonder to what extent a highly competent Mexican central banker, for example, would be able to fulfil this role? The various candidates mentioned as potential successors to Mr Strauss-Kahn are technically skilled, but in assessing their relative merits, we should take into account that the new IMF chief will deal with mostly European issues for most of his or her first term at the top level.... A PhD in economics and an extensive experience in dealing with financial instability may be desirable qualities. But at a time like this, they are not sufficient. The game has changed.

The Europeans have monopolised this position. That must stop, and it will stop. But now, and probably for the first time, we may actually need a European managing director.... There are plenty of excellent candidates, including Christine Lagarde, the French finance minister...

Reposted from02myEcon-01 02myEcon-01
Sponsored post
Reposted byLegendaryy Legendaryy
Using biometry to replace memorized access credentials is a very, very bad idea: 

You can't change your biometrics at will.

Having your biometrics stored somewhere allows for abuse of that data.

Biometric access control doesn't allow for distress signal or plausible denialability access. Imagine being forced into a retina scan vs. being forced entering a password. In the password case one could have a distress password which will give access to only noncritical information/resources and/or may issue a distress signal/action.

Biometric access control means, that if someone is after some resource very badly, physical violence may hit you.


// oAnth - an answer on

Iris recognition scanner eliminates passwords

Reposted fromdatenwolf datenwolf
via Theatinerkircheünchen)

Blick in die Kuppel der Theatiner-Kirche am Odeonsplatz in München
View in the cupola of the Theatines Church in Munich 
Theme from the Third Man Anton Karas (Wien, 1906-1985), zither - 1950

Youtube permalink


Fotograph from Wikipedia entry EN / DE

Datei:Anton karas (1906-1985).jpg


  1. Wiener Rathauskorrespondenz vom 8. Jänner 2010
  2. Gedenktafel für Anton Karas in der Brigittenau Rathauskorrespondenz vom 4. Juli 2006 (Abgerufen am 14. Juni 2010)


Film and music for "The Third Man" (1949) on are bundled by tags!

Reposted bySigalon02 Sigalon02
via Morbid Anatomy: Robert Burton’s "The Anatomy of Melancholy" on the BBC | Beautiful Corners |

The BBC Radio 4’s In Our Time has just produced an episode about Robert Burton's 17th masterwork The Anatomy of Melancholy; the book is essentially a 17th Century multi-disciplinary investigation of what was then known as melancholy, and, as the BBC describes, brings together "almost two thousand years of scholarship, from Ancient Greek philosophy to seventeenth-century medicine. Melancholy, a condition believed to be caused by an imbalance of the body’s four humours, was characterised by despondency, depression and inactivity. Burton himself suffered from it, and resolved to compile an authoritative work of scholarship on the malady, drawing on all relevant sources."

Can't wait to give this a listen!

You can listen to the episode by clicking here. Found on the Advances in the History of Psychology website; click here to read full post.

Image: Frontspiece to Robert Burton’s The Anatomy of Melancholy, or The Anatomy of Melancholy, What it is: With all the Kinds, Causes, Symptomes, Prognostickes, and Several Cures of it. In Three Maine Partitions with their several Sections, Members, and Subsections. Philosophically, Medicinally, Historically, Opened and Cut Up, 1621
Reposted bysergelanmi sergelanmi

The Third Man - Classic Film Noir available to watch in full on (YouTube - no more available, account closed due to copyright infringement) e.g. dailymotion

Carol Reed’s Classic Film Noir Thriller. An American pulp writer arrives in post-WWII Vienna only to find that the friend who waited for him is killed under mysterious circumstances. The ensuing mystery entangles him in his friend’s involvement in the black market, with the multinational police, and with his Czech girlfriend.

From openculture:

Graham Greene wrote the screenplay; Orson Welles played a starring role; and Carol Reed, an Oscar-winning filmmaker, sat in the director’s chair. A recipe for a classic noir film, to be sure. And the movie didn’t disappoint.

The Third Man won the Grand Prix at the 1949 Cannes Film Festival and an Academy Award for Best Black and White Cinematography in 1950. A half century later, The Third Man proved that it stands the test of time when the British Film Institute named it the best British film of the 20th century. Quite a statement.

The Third Man, 1949 - Wikipedia entry in EN / DE


Film and music for "The Third Man" (1949) on are bundled by tags!

Reposted fromStellaVista StellaVista
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