+++ 29. August 2012 +++
EIR Proposes an Alternative to Gertrud Höhler
Dr. Gertrud Höhler, the author of a new, highly controversial book on Angela Merkel, held a conference in Berlin on Aug. 23 to present her book (The Godmother, How Angela Merkel Remodeled Germany), and field questions. Reactions to her criticism of the “System Merkel” have been so uniformly hysterical in the establishment media, that it is correct to call it a witch hunt.
Therefore, Höhler seemed all the more pleased to answer the question asked by EIR correspondent Daniel Grasenack at the Berlin conference. The question begins, in German, at minute 5.13 of the video (http://www.eirna.com/video/20120823-hoehler-eir.php).
Grasenack began: “You said in Deutschlandfunk that Europe is failing because of the euro. I think you mean the way the bailouts are being done. The situation in Greece and Spain, with the austerity policy, has created tensions in Europe among the populations that have probably not been seen since the Second World War. And the situation for normal people is in fact quite desperate.”
Noting that Mrs. Höhler used to work with both Helmut Kohl and former head of the Deutsche Bank Alfred Herrhausen, who had a proposal for developing Eastern Europe, Grasenack went back to what is happening today in Europe. “Shouldn't we recognize that this is not a sovereign debt crisis, but a banking crisis,” where some people are calling for bank separation and for the development of the real economies of those countries. “Do you see in that approach the possibility of an alternative to the euro?”, he asked.
Gertrud Höhler repeated what she had said previously on the euro, which is that everything possible is being done to prevent it from collapsing, but that it is a currency without a basis. “We are carrying forward a mistake, by trying to solve with money, something that money – I suspect – can probably not solve.”
She went on to propose that Germany, as the strongest player in Europe, actually help those highly indebted countries, such as Greece, not by intervening and demanding rights over their budgets, but by helping to change the structures. If we really want the other team members in Europe to become healthy, she said, we have to act “with a higher ethos and passion”, and offer free of charge our know-how to those countries which have fallen into despair, by sending experts to help them put their administration into order, and to improve their business life. Interestingly, she noted that Germany had benefitted from such a passionate willingness to help, for example from America, after the Second World War. “And I see such a possible role for Germany. I wish we would actually seize visible initiatives, and that, I think, would be a very tempting task for a head of government as well.”
The reference to the post-war reconstruction in Germany is a good approach, provided one means, by that, making credit available for investment in the real, productive economy, which is the opposite of bailing out the banks which now hold sovereign debt. The crisis today in the Eurozone was not caused by mismanagement or a “lack of rigor” in governments' economic policies, but by a axiomatically failed financial and banking system. The first step to a passionate approach toward the peoples of Europe is to implement a Glass-Steagall reform, now.
~ deutsch + english ~
+++ 7. Mai 2013 +++
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+++ 7. Mai 2013 +++
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+++ 7. Mai 2013 +++
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