auswanderlust

Senior leadership in France recently announced-- joining a public chorus of others, the UK, Germany and Australia-- the failure of multiculturalism (multi-culti, as the Germans say). It’s a grim pronouncement to make, but it is possible that concessions and accommodations have been proffered in ways that have erred in many circumstances on the side of neutrality in efforts to please everyone, which usually, inevitably, please no one.

Still, no one should throw up their hands in frustration and failure and repair to austere assimilation, quotas, or worse yet intolerance. What policies and practices might work better I don’t know. Such a series of declarations of malfunction, however, may betray a secondary, self-interested motive for Western governments’ ringing support for the budding reform movements in North Africa. For everyone’s sakes, fostering real development and support for improvement make opportunities more viable in these countries and make it possible for individuals and families to thrive without having to leave their homelands. Economic considerations are not the only driving-factors for immigration, but countries able to retain their domestic treasure and talent with the invitation to stay on are better positioned for growth and continued advances. Domestic tranquility, however, should never be an excuse to erect barriers and rescind the truly valuable elements of diversity and cultural exchanges.

renaissance or day of days

With less than three weeks of revolt, the Egyptian people have managed to overcome three decades of rule that smacked of tyranny and despotic under-achievement.  This is a monumental first step.  Though for many the joy and relief was also a fair mix of shock and surprise, to find that there was an alternative to the powers and the treatment that they had nearly become inured to.  Blossoming freedom and democracy, and not the sort foisted on people by some calvary on the charge, is a rare and precious thing, to be nurtured carefully.  The people have begun to remove the obstacles to their self-determination, and with awareness and support all around, I am sure that they will continue on the right path.

zagazig

There is a monumental battle of the wills happening in Egypt. There is also the creeping, crassest of attitudes circulating among a minority of casual observers, a fatigue, like the weariness that exculpated some people's consciences over natural disasters and other unseemly catastrophes. I have a lot of sympathy for the struggle and for the dangling disappointment and hope.

This standoff could go on and on.  Moreover, events like these really illustrate journalistic integrity, slacking vigilance or otherwise. The protest grounds are not necessarily over-crowded with the press, but those who are there are doing a good job and blurring the distinction between the aloofness of reporting and being in and of the moment, which along with citizen-journalism, transfixes the scene and admonishes us of the stakes and what is at issue. The bigger dilemma seems often bringing the reporting to the audience, and though there are virtually unlimited vehicles of delivery, it astounds me how much the media, the visible advertising space, shunts what's in depth off to the side, or when it is not even available in competitive formats. I understand such prime real estate is at a premium, but there is a demand for good coverage and due exposure. Further, events like this--maybe significantly and for the first time, also are very telling of who is in the know and who is brokering power. Predictions and speculation have been proved to be just that. Mostly, no one likes to claim influence-peddling or king-making in media res, but one is accustomed to attributing such abilities or at least intelligence, prescience to certain powers, despite proof of dwindling capital.

fusionen und übernahmen

The Deutsche Börse, the marketplace for the perhaps more familiar sounding DAX (Deutscher Aktien IndeX), is in acquisition talks to take over a controlling share of the New York Stock Exchange. Though the deal may inspire some resistance politically and with cartel-considerations, the impending sale seems to me like a last, desperate attempt to revitalize American stocks with a mortgage that is already over one's head, rather than a consolidating of power and control.

Like anything in large amounts, this concentration of trading certainly has impetus but the equally cavity-causing mob of debt and poisonous liabilities are likewise influential. Making financial hardships diffuse makes it more palatable and opaque. Together in a ten-billion euro quiver, some frantic business can gain legitimacy and even the appearance of value, besides in the swapping. A unified front for managing trades and protection for minority-interests in a monopoly are important and should be weighed against each other, but foremost, I believe, that the German titans of industry should take a close look at what they are committing to. Merging marketplaces makes former paying clients overseas into partners, scouts for new customers. Compared to the sedate and efficient, post-modern Star Trek look of the German Stock Exchange, the NYSE, noisy, crowded, and littered, looks like a scene one would find at the greyhound races.