Germany’s top financial supervisor dismissed a decade of warnings about Wirecard

Post by heavenlyblue » Sat, Jul 18, 2020, 5:05 PM UTC

oblio wrote: post #299

amiga_500 wrote: post #281

Earlier quoted context omitted.

They have it so good because they complain about stuff that is trivial relative to countries like Romania. It's a constant battle and to be satisfied is to give up.

Yeah, right. Survivor bias in action. Romania didn't choose to do a lot of the things it did. It didn't choose to be a Communist state for 45 years, for example. History matters. And if you think Romanians are somehow content: https://en.m.wikipedia.org/wiki/2017%E2%80%932019_Romanian_p... They were in the news everywhere, from Deutsch Welle to the New York Times. I find your comment dismissive of those down the ladd…

Post by heavenlyblue » Sat, Jul 18, 2020, 5:23 PM UTC

chki wrote: post #158

VMG wrote: post #137

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There is a small group of actors that benefits from these projects. The bribery part is hard to prove, I give you that, but it is very likely.

Bribery isn't "hard to prove" but instead there are no credible bribery accusations at all. Missmanagement in massive infrastructure projects are a much more reasonable explanation. It also makes a lot of sense because the actors are often state government officials that have never overseen a comparable project. Planning an airport or a new flagship concert hall is difficult. I agree that there were serious mistakes…

Post by heavenlyblue » Sat, Jul 18, 2020, 5:29 PM UTC

qayxc wrote: post #123

levosmetalo wrote: post #67

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Even though losing the job is not a punishment, not everyone even lost his job. Andreas Sheuer is still in charge of transport as a federal Minister, despite the 500,000,000 € heavy corruption scandal. Von der Leyen got even "promoted" to EU-lead position after heavy corruption scandal last year when she was a Defense Minister of Germany. Not only Germany, but in the whole EU commission leadership it would be hard to…

The problem is that gross incompetence is not a crime. You can't arrest someone on account of them being an idiot. It's the responsibility of the other party members and especially the opposition to demand him being removed from office. Funnily enough the Green Party demanded exactly that, but then again that's the same party that wants general speed limits... So yeah, of course any party that wants to get reelected…

Post by heavenlyblue » Sat, Jul 18, 2020, 6:07 PM UTC

creato wrote: post #290

qayxc wrote: post #276

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You're still missing the point completely - corruption is a crime . The problem is that pretty much nothing these politicians do is actually illegal and thus doesn't constitute a crime in the first place. This is why legislation and regulations need to change, because that's way easier than trying to change people. If you don't like the rules of the game, demand to change the rules instead of shouting "You're all che…

I generally agree with your point, but I disagree that legislation and regulations are the problem. Once you reach high level politics, the fact is that anything but utterly blatant criminal behavior will be a political issue. The solution is that politicians need to be held to a much higher standard than the letter of the law, by their voters. It boggles my mind how many politicians have such obvious conflicts of in…

Post by oblio » Sat, Jul 18, 2020, 6:31 PM UTC

heavenlyblue wrote: post #328

oblio wrote: post #326

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What do you mean by proxy war? Romania is quite peaceful.

What do you think is going to happen if a wester state brought military to help you with corruption?