marching orders

This is not the timeliest reporting, but after being in effect for eighteen years, it is nice to actually see the repeal (DE) in print and on official stationary. Of course, what comes after all the talk, debate and vitriol is important and mending, but this final formality seemed already in place and triumphant for quite a while. The memo was just now disseminated to our level, and though that's a rather typical internal pace, news does find other avenues and outlets.

up periscope or objects in the rear-view mirror may appear closer than they are

Generally, I am never in so much of a hurry that I would chance passing trucks bumbling down the county roads, although the line of cars behind me sometimes don't appreciate the leisurely pace (the time to rush is before one leaves home and not on the road). I do get stuck, quite often, idling and studying the rear of a cargo transporter and I was thinking, as the line of cars behind my lead grew more and more impatient, that having a view-screen to see around the truck and the next bend in the road, would be a neat thing--although I am sure there would be worries about liability issues. I am sure marketers, like those who plaster buses and trams in advertising like race cars, would install the monitors and cameras for the chance at having another mobile billboard that might also make over-taking traffic a slightly safer maneuver.

casting stones or papst blue-ribbon

The staff at Der Spiegel is presenting a preview of the Pope's potentially difficult visit to his homeland, which H and I will be attending this weekend--beginning with biographies of the prominent-players Benedikt will encounter on his State visit, replete with skeletons in the closet. Berlin's lord mayor has said that the Pontiff is welcome in his city, but so are the protesters. Through the lens of Catholicism, Germany's statesmen are revealed as a quite a lot of reprobates.

"Luckily for the pope, he won't have any problems with two other prominent people he will meet in Berlin. Chancellor Angela Merkel (remarried) and German Foreign Minister Guido Westerwelle (gay) are both Protestants."

I suppose, by the rules, we all do. There are serious social schisms that need to be healed and some shadowy deportments that have gone too long without saying. Once, in seminar in college, I proclaimed--rather obtusely, that Jesus says: "The rules are for bad people." While I don't believe that's necessarily rubric or Church doctrine, there is ample latitude for tolerance and learning from one another and loving one another, despite any differences in upbringing and inculcation.

basta and geldpolitik

I am not sure what to make of this Fire Sale that the United States has announced with its apparent intent to offer unlimited US dollar-denominated loans to try to hold interest rates down for European countries coming against their debt thresholds. This emergency relief seems like a mechanism to undo the gossipy damage done by downgrades from the credit rating agencies, since credit-worthiness determines the upward usury on loans--in other words, to allow everyone to keep playing. Though ostensibly Germany's Federal Ministry for Food, Agriculture and Consumer Protection (Bundes-ministerium für Ernährung, Landwirtschaft und Verbraucher-schutz) may be an exception, it seems like most of the work of governments, bullied by supranational finance institutions, is devoted to protecting the lender organizations and promoting good PR for their schemes and trustworthiness, with little regard or recourse for the debtors. Holding players to another round, without rigid or fair rules to play by, instead of allowing a pass or fold yields diminishing returns and impoverishes everyone, no matter what the window-dressing. These insubstantial lifelines tossed to the EU allows the dollar to dodder a bit longer at favourable lows and generates nominal revenue off of phantom loans, and a fixed margin of appreciation (how much the dollar-euro exchange rate varies) keeps the borrowers from speculating over-much against the lenders. If the euro value tumbles, the dollars become the functional currency, but if the euro gains in value against the dollar (as it should do because the European market are inherently stronger and more stable), such debt becomes cheap to pay off. The euro is not in distress and it does not need this kind of American chivalry and chauvinism (and maybe the munificence of others too), and it looks as if the creditors' champions have succeeded in expanding (diluting) their money supply without immediately and clearly sacrificing the security of their players for their very next round.