Daily Archives: October 21, 2011

Preparing for Euro Breakup – conference with MEPs Farage, Bloom and Professors W. Hankel, P. Bagus



NOTE: To ensure audio clarity the parliament’s audio recording was superimposed and the original film audio was muted. But since this was fractionally slower than the film(s) it had to be re-adjusted every few minutes, hence you may note that at times audio-lip sync is out. Also, excuse the camera works. The parliament’s conference staff would not film it as we were told they cover only conferences, not ‘public hearings’… go figure…

• Conference held in the European Parliament, Brussels, on Wednesday, 12th October 2012, Room A1E2, from 10.30 a.m. to 12.30 p.m.

Two German professors join UKIP Leader Nigel Farage MEP and UKIP MEP Godfrey Bloom for a conference in the European Parliament in Brussels, 12 October 2011.

The conference was introduced by UKIP Leader Nigel Farage MEP, co-president of the Europe of Freedom and Democracy group (EFD), which sponsored the event, chaired by Godfrey Bloom MEP (UKIP).

Professor Wilhelm Hankel, who last year led the challenge to the euro bailouts in the German Constitutional Court, tackled the first topic: “Currency Union or Foreign Exchange Rate Union?” He was followed by Professor Philipp Bagus, who dealt with the “Practical steps to withdrawing from the Euro.” (See bios below.)

• Professor Dr. Wilhelm Hankel
Website: http://www.dr-hankel.de

Born 1929 in Gdansk, started his career in 1952 at the “Bank Deutscher Länder” (the predecessor of the German Bundesbank). This was followed by positions in the Bundesministerium für wirtschaftliche Zusammenarbeit (Ministry for Economic Cooperation) and the Foreign Office.

From 1959 to 1967 he was chief economist of the Kreditanstalt für Wiederaufbau (Bank for Reconstruction) – 1967 he became the head of the department of money and credit in the Ministry for Economic Affairs and one of the closest staff members to the German economy minister Karl Schiller.

From 1971 to 1978 he was chief executive of the public Bank of the Land Hesse. Since 1971 he has been a professor for currency and development policy at the Johann Wolfgang Goethe university in Frankfurt.

Hankel has also undertaken consulting assignments for the World Bank, European Union and the Deutsche Gesellschaft für Technische Zusanmmenarbeit GTZ (German Development Aid agency). Until 1995 – assigned by the European Union — he built up a training centre in West Siberia to educate bankers.

In 1998 – together with three colleagues – he made a complaint against the rushed introduction of the Euro at the German Federal Constitutional Court.

Guest professorships: 1974/75 in Harvard, 1975/76 Konrad Adenauer professor at the Georgetown University in Washington, 1978 to 1981 senior visiting professor at the Bologna Centre for advanced internationally Studies of the John Hopkins University, until 1983 guest professorship at the Center of Science, Berlin, 1990/91 guest professor to the Technical University Dresden, 1991/92 foundation chair of the German Federal Bank (Bundesbank) at the free University of Berlin.

Consulting assignments for the Deutsche Gesellschaft für Technische Zusanmmenarbeit GTZ (German Development Aid agency) in United Arabian Emirates and Saudi Arabia (1977/79), Korea (1980), Egypt (1981), Latin America (Dom. Republic, Guatemala, Honduras, Costa Rica, Nicaragua, 1982), PR China (1988), Jordan (1989/91), Yemen (1992), Russia (1994/95) and Georgia (1998/99).

Professor Hankel led the challenge to the euro bailouts in the German Constitutional Court.

• Professor Dr. Philipp Bagus
Website: http://www.philippbagus.com

Philipp Bagus is a professor of economics at Universidad Rey Juan Carlos in Madrid.

He earned his Bachelor’s and Master’s at the University of Münster and his Ph.D. from Universidad Rey Juan Carlos with Jesús Huerta de Soto as his adviser on a thesis on deflation.

He is the author of The Tragedy of the Euro — How Political Interests Created a Self-destroying System and Deep Freeze: Global Credit Markets and the Icelandic Financial Crisis (forthcoming with co-author David Howden).

He has published articles mainly on monetary and business cycle theory in The Quarterly Journal of Austrian Economics, Libertarian Papers, Journal of Libertarian Studies, The Review of Austrian Economics, Procesos de Mercado, Economic Affairs, New Perspectives on Political Economy and the Journal of Business Ethics among others.

Preparing for Euro Breakup – conference intro & Q. by Nigel Farage: October 14, 2011


Scientists concerned about fault system near Diablo Canyon plant


Scientists concerned about fault system near Diablo Canyon plant

Scientists concerned about fault system near Diablo Canyon plant (Click here to read, check out the video!)

El Diablo nuclear power plant, could bring Hell on Earth: it is build few mile away from a major seismic fault (The Shoreline Fault). How do they do this? They just do!

This Day in History: Solomon R. Guggenheim Museum Opens in New York (1959)


Solomon R. Guggenheim Museum Opens in New York (1959)

Designed by Frank Lloyd Wright and opened six months after his death, the Guggenheim Museum represents a radical departure from traditional museum design, spiraling upward and outward in a smooth coil of massive, unadorned white concrete. The exhibition space, which consists of a six-story spiral ramp lighted by a glass dome supported by stainless steel, has even been criticized for upstaging the artwork displayed. What artists signed a letter protesting the display of their work in the space? More… Discuss
The street view is great, I wish the museum had a virtual tour, an dmay be it does: I just don’t know it: http://www.streetviewandmaps.com/en/map/us/534132-Solomon-R-Guggenheim-Museum/#/point/40.783289/-73.958588/279.92793400000005/-45.34714799999999/0/

Today Birthday: Sir Georg Solti (1912)


Sir Georg Solti (1912)

Solti was a Hungarian-born British conductor. Not long after making his piano debut at age 12, he decided he wanted to conduct. He returned to piano during WWII and won the 1942 Geneva International Competition. After the war, he began conducting again and led orchestras all over Europe and the US. As director of the Royal Opera House, he made the first full recording of Richard Wagner’s Ring cycle, one of history’s most celebrated recordings. How did he earn the nickname “the screaming skull“? More… Discuss

Legal: “Canadian Supreme Court Rules You Can’t Defame Someone With a Hyperlink”


Legal _ 'Canadian Supreme Court Rules You Can’t Defame Someone With a Hyperlink'

Legal _ 'Canadian Supreme Court Rules You Can’t Defame Someone With a Hyperlink' Click here to access and read the rest of this important legal decision at INFODocket!)

Strangers 2011 (graphic art)


strangers2011

© Strangers 2011

Revolutionary Mashup – Occupy Melbourne


Occupy Melbourne gets messy


anverPost.com: Auditor gave farm that produced tainted Rocky Ford cantaloupe top marks despite problems


Auditor gave farm that produced tainted Rocky Ford cantaloupe top marks despite problems

Auditor gave farm that produced tainted Rocky Ford cantaloupe top marks despite problems Click here to read the story at DenverPost.com)