2/26/2015

German Econ Min Gabriel reminds of Hayek's saying

There is this post on A Fistful of Euros headlined

Pay no attention to the social democrat behind the curtain.

It juxtaposes the position and power of Schäuble and Gabriel. There is an interesting tweet mentioned  that quotes Gabriel.

German econ min tweet
So here Gabriel compares the disastrous effects of the German Hartz IV system to the much much deeper plight of the Greek people suffered via the "help" of the Troika Institution.

Gabriel is SPD member and immediately FA Hayek springs to mind when thinking about the unsurmountable debt mountain of Greece and what might lie ahead once the Greek people realize that Syriza can not deliver unless it finally realizes, the only way to growth is by leaving the euro (same of course holds true for Italy, Spain, Portugal).

Nazism is Socialism*
Friedrich August von Hayek

One of the main reasons why the socialist character of National Socialism has been quite generally unrecognized, is, no doubt, its alliance with the nationalist groups which represent the great industries and the great landowners.  But this merely proves that these groups too, as they have since learnt to their bitter disappointment, have, at least partly, been mistaken as to the nature of the movement.  But only partly because, and this is the most characteristic feature of modern Germany, many capitalists are themselves strongly influenced by socialistic ideas, and have not sufficient belief in capitalism to defend it with a clear conscience. 

It would, indeed, hardly have been possible for the Nationalists to advance fundamental objections to the economic policy of the other socialist parties when their own published programme differed from these only in that its socialism was much cruder and less rational.  The famous 25 points drawn up by Herr Feder, one of Hitler's early allies, repeatedly endorsed by Hitler and recognized by the by-laws of the National-Socialist party as the immutable basis of all its actions, which together with an extensive commentary is circulating throughout Germany in many hundreds of thousands of copies, is full of ideas resembling those of the early socialists.

Perhaps Gabriel has never read Hayek. His quote is abominable. It is a two-pronged assault:

  1. It tells Germans, look how comparatively lenient we treat you. It could get worse for you if we decide.
  2. It encourages Germans to gloat about the plight of Greek people.
Gabriel is a despicable and disgustingly fat prick.

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