2013 Bundestagswahl (German Federal Election): A.Merkel def P.Steinbrück 42% - 26% - Page 56 - MensTennisForums.com

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Old 03-01-2012, 01:46 PM   #826
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Old 09-12-2012, 11:25 PM   #827
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Default Re: Top German court clears Euro bailout fund. €450billion heading to Greece

http://www.aljazeera.com/news/europe...030628212.html

Federal Constitutional Court decides Germany's inclusion in $638.8bn (€495bn) bailout fund for 17 euro countries is legal.
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Old 09-19-2012, 03:58 PM   #828
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Default Re: Top German court clears Euro bailout fund. €495billion heading to Greece

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Top German court clears European bailout fund

================================================== ================

Euro Hilfspaket + Heated Bundestag Exchange

Can't believe they agreed to this. The public won't be happy.

Greeks will never pay it back.
I understand why German voters are unhappy with having to fork over more of their money. But I can also see why German leaders ultimately support the bailouts. It's not about the loans being repaid, since lenders have already lost a lot on their Greek holdings from haircuts and bond swaps. It's about stopping the contagion from a Greek default.

If that happens, it'll be game over for the Eurozone. Markets will either stop lending or make interest rates too expensive to afford. That'll force Spain and Italy to turn to the bailout funds for help, and it's those two that has everyone worried - they owe trillions in external debt and there's no way any sovereign or mechanism can cover them.

Since it's unlikely they can be helped, Spain and Italy will default and things start unravelling from that point. Less capital being available stops lending activity, which can only mean more defaults and therefore the disintegration of the Eurozone. And this is where Germany's probably most concerned. The single currency makes German goods affordable; without that advantage Germany wouldn't have the level of revenue and surpluses its been getting from its exports.

And because Germany depends a lot on its exports, a slowdown in those industries would be especially tough. If the DM were to be re-introduced, Germany goods would become more expensive because of the higher exchange costs from the currency appreciating. Revenue from exports drop and that's where the freefall would start: businesses stop investing because no one will buy their goods; employers can't afford to pay bills or keep their staff; government finances become strained from getting less taxes while having to dish out more welfare support, etc., etc.

So I reckon from the politicians' perspective, the bailout is probably outweighed a great deal more by what the costs could be from the Greeks defaulting.
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Old 09-20-2012, 08:27 AM   #829
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Default Re: Top German court clears Euro bailout fund. €495billion heading to Greece

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Originally Posted by Hokit View Post
I understand why German voters are unhappy with having to fork over more of their money. But I can also see why German leaders ultimately support the bailouts. It's not about the loans being repaid, since lenders have already lost a lot on their Greek holdings from haircuts and bond swaps. It's about stopping the contagion from a Greek default.


So I reckon from the politicians' perspective, the bailout is probably outweighed a great deal more by what the costs could be from the Greeks defaulting.
Obviously.

The instant benefit of throwing money at the problem is ideal for politicians who have to stand for re-election every 4 years. Short term they'll prevent a Greek default and maintain eurozone stability. Long term they lose money financing Greece's never ending deficit and the eurozone collapse is merely delayed. The next generation will pick up the bill and the blame.
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Old 09-01-2013, 11:23 PM   #830
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Default Re: 2013 German Federal Election: A.Merkel vs P.Steinbrück. WWW?

Today's Live TV debate was broadcast prime-time on 4 channels in Germany.



Hopefully a German version will appear on YT soon.
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Old 09-01-2013, 11:28 PM   #831
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Default Re: 2013 German Federal Election: A.Merkel vs P.Steinbrück. WWW?

Ah, here we go.



Enjoy.
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Old 09-02-2013, 04:51 AM   #832
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Steinbrück did better than I thought. He knew his only chance was to be aggressive.

You'll be happy Jimnik, it looks like FDP are going to make it.
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Quote:
Originally Posted by philosophicalarf View Post
Armstrong says in-competition testing will never catch anyone, only out-of-competition testing and the blood passport can.

Tennis has no blood passport system, and does basically no out of competition testing.

The methods and drugs used by Armstrong in 1999 would work in tennis right now, with zero chance of being caught (not slightly surprising to anyone familiar with the topic, btw).
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Old 09-02-2013, 04:22 PM   #833
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

I'm touched. You remember which party I vote for.

I'm still waiting to see the polls after this debate - you never know how voters react to a TV-Duell. Steinbrück did what he had to do but it's a question of how effectively he executed it.

The real winner of the show was Raab. I loved his little interchange with Steinbrück @ 1:21:10.
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Old 09-04-2013, 07:11 PM   #834
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Latest polls indicate little impact from the debate.

http://www.spiegel.de/politik/deutsc...-a-623633.html

Christian Democrats 40%
Social Democrats 23%
Greens 11%
Socialists 9%
Free Domocrats 5%
others 12%


Merkel's Christian Democrats are miles ahead but she needs her coalition partner, the Free Democrates, to remain above 5%. Otherwise Germany could be stuck without a stable government.
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Old 09-04-2013, 09:35 PM   #835
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Nothing to remember really, one just has to read your posts here to figure out which party is likely to have your sympathies.

I don't think your translation of Die Linke is the best possible one though. As you surely know, in Southern Europe (and France, Belgium, etc) the Socialist parties are the equivalent of the Social Democratic parties in the northern half of the continent. I see Die Linke often translated simply as The Left, and I believe that is a better option.

I'm not a German citizen (yet), so I can't vote. But I wish I could. There is one party I can really identify with.
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Quote:
Originally Posted by philosophicalarf View Post
Armstrong says in-competition testing will never catch anyone, only out-of-competition testing and the blood passport can.

Tennis has no blood passport system, and does basically no out of competition testing.

The methods and drugs used by Armstrong in 1999 would work in tennis right now, with zero chance of being caught (not slightly surprising to anyone familiar with the topic, btw).
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Old 09-05-2013, 12:50 AM   #836
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Quote:
Originally Posted by Har-Tru View Post
There is one party I can really identify with.
I'm on tenterhooks. Do tell.

Yup "Die Linke" literally translates as "The Left" but they also merged with PDS (Party of Democratic Socialism) and everyone knows their political ideology. Steinbrück described them as "three parties in one" - East German socialists, Communists and a West German sectarian group.

Where's Rainy btw?
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Old 09-05-2013, 11:05 AM   #837
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Quote:
Originally Posted by Jimnik View Post
I'm on tenterhooks. Do tell.
Nevah! You can guess, though.

Quote:
Yup "Die Linke" literally translates as "The Left" but they also merged with PDS (Party of Democratic Socialism) and everyone knows their political ideology. Steinbrück described them as "three parties in one" - East German socialists, Communists and a West German sectarian group.

Where's Rainy btw?
Yes, Steinbrück was right in his appreciation of course. But I still think "The Left" is the best English term for that party.
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Quote:
Originally Posted by philosophicalarf View Post
Armstrong says in-competition testing will never catch anyone, only out-of-competition testing and the blood passport can.

Tennis has no blood passport system, and does basically no out of competition testing.

The methods and drugs used by Armstrong in 1999 would work in tennis right now, with zero chance of being caught (not slightly surprising to anyone familiar with the topic, btw).
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Old 09-05-2013, 11:18 AM   #838
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Quote:
Originally Posted by Jimnik View Post
Latest polls indicate little impact from the debate.

http://www.spiegel.de/politik/deutsc...-a-623633.html

Christian Democrats 40%
Social Democrats 23%
Greens 11%
Socialists 9%
Free Domocrats 5%
others 12%


Merkel's Christian Democrats are miles ahead but she needs her coalition partner, the Free Democrates, to remain above 5%. Otherwise Germany could be stuck without a stable government.
Nah, i don't think that this is a representative poll. There are a lot of signs that there will be a much tougher decision on the election day.
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Old 09-05-2013, 03:43 PM   #839
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Quote:
Originally Posted by Har-Tru View Post
Nevah! You can guess, though.
Must be one of the small parties. AfD?


Quote:
Originally Posted by outrider View Post
Nah, i don't think that this is a representative poll. There are a lot of signs that there will be a much tougher decision on the election day.
Ultimately it all comes down to whether FDP can get > 5%. I believe with 4,9% they can't take any seats in the Bundestag which means, yes, there will be some very tough decisions.

AfD could also be a factor with latest polls putting them around 4%. Could be very tight and complex.
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Old 09-05-2013, 07:34 PM   #840
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Default Re: 2013 Bundestagswahl (German Federal Election): A.Merkel vs P.Steinbrück. WWW?

Quote:
Originally Posted by Jimnik View Post
Must be one of the small parties. AfD?



Ultimately it all comes down to whether FDP can get > 5%. I believe with 4,9% they can't take any seats in the Bundestag which means, yes, there will be some very tough decisions.

AfD could also be a factor with latest polls putting them around 4%. Could be very tight and complex.
No (and I won't tell, sorry... secret non-vote!). But yes, watch out for AfD. They might end up being the new Piraten in terms of sky-rocketing into parliament. Wouldn't it be something, if FDP didn't make it and AfD did. We'd surely have a CDU-AfD coalition, despite what some CDU members have been saying.
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Quote:
Originally Posted by philosophicalarf View Post
Armstrong says in-competition testing will never catch anyone, only out-of-competition testing and the blood passport can.

Tennis has no blood passport system, and does basically no out of competition testing.

The methods and drugs used by Armstrong in 1999 would work in tennis right now, with zero chance of being caught (not slightly surprising to anyone familiar with the topic, btw).
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