An interesting interview and inside look at the Democratic Establishment.
Posted by Dobrien 6 years, 7 months ago to Government
Interview with former US ambassador to Germany.
One takeaway is that the dominant career insiders . Most all have no experience with the "real world".
Another is the German people likened the US eavesdropping of Merkel to the Stasi.
One takeaway is that the dominant career insiders . Most all have no experience with the "real world".
Another is the German people likened the US eavesdropping of Merkel to the Stasi.
- My father like the American family of funds. I remember him saying you pay a load, but they have a low expense ratio and good performance and tax efficient.
- Stasi: It sounds like the Germans have a healthy fear of surveillance. I used to hear a comforting tale that the Stasi had 50% of the East German population spying on the other half, but it wasn't that useful because even the most efficient office paperwork filing system cannot interpret such large amounts of data. That fact has gone from comforting to scary.
- He describes skepticism of a distant gov't as "as Americans think of DC". Yes.
- "They want capitalism. They just don't want foreign companies to compete with them." - Alrighty then.
- He doesn't know much about investment products, only building relationships? - That does not sound so good.
- He sure drops a lot of names. It's almost like the interviewer had said, "we're going to spend the next hour going over your rolodex of powerful people who you have spent time with." When he talked about the long American Funds interview process, I imagined it was all about contacts. But I do not begrudge him for it. Good for him for making connections.