Much of Merz’s public reputation, particularly on the broad liberal and left-wing space, stems from this time out of the political spotlight. In particular, his role as chairman of the German division of BlackRock, the American asset management behemoth, is seen with a critical eye by most Germans. His close personal ties to BlackRock CEO Larry Fink, as reported in a recent biography by Volker Resing, only add to the perception that Merz represents the financial elite more than the electorate.

Still, his advocates seek to reframe this association not as a liability but as a strength. His corporate entanglements are portrayed as proof of worldly competence, a business-minded sensibility absent from the typical career politician. “Through his many board positions,” write Jutta Falke-Ischinger and Daniel Goffart in their biography of Merz, “he gained a deep and novel insight into the economy.” Between 2007 and 2018, Merz served on at least nineteen corporate boards, from Commerzbank to BASF and the recycling giant Interseroh. Just as he was plotting his political comeback, his connections earned him millions and embedded him within Europe’s financial elite.

His proponents have tried to downplay the potential for conflicts of interest. Resing cites a corporate attorney familiar with Merz’s legal work who insists that “the substantive work was always done by others.” Merz, the implication goes, was more of a figurehead than an operative.

  • ℍ𝕂-𝟞𝟝@sopuli.xyz
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    9 days ago

    Regarding the refugee crisis, she did want to reach an EU consensus to distribute people instead of just stupidly insisting on the dysfunctional Dublin rules. Other countries dug their heels in though.

    I know that she had a part in the cleanup once the problem became big enough for her. I’m talking of her initial decision to say “wir schaffen das” and how thoroughly that fucked European labour and freedom.

    From a different perspective, how it looked like was she exacerbated an existing crisis to the point that a sizeable number of asylum seekers on the border weren’t Syrian, and distributing people afterwards was looking at others to help solve her mess. She cemented the power of right-wing idiots who played off of her idiocy to scare their people, and especially looking back, it really looks like the same right-wing idiots bent over backwards to provide cheap labour to the German car industry.

    And now, when the good years are over, that same car industry is using the low wages perpetuated by said right winger asshats to screw over German labour, by closing German factories but not Polish or Hungarian ones.

    To me it looks like she’s either an idiot for letting this happen, or a villain for making it happen.

    • poVoq@slrpnk.netM
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      9 days ago

      Sorry, but you are repeating right-wing nonsense here yourself. The syrian refugees had an neligible impact on European labour or “freedom”, what ever you mean with that exactly…

      There was certainly some mishandling of those new arrivals, but that was mostly due to right-wing local governments who dragged their feet and obstructed were they could.

      The much bigger issue that was Merkel’s fault is that she got scared of her own courage and entered into these shady blackmail deals with Erdogan later on.

      • ℍ𝕂-𝟞𝟝@sopuli.xyz
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        9 days ago

        Sorry, but you are repeating right-wing nonsense here yourself. The syrian refugees had an neligible impact on European labour or “freedom”, what ever you mean with that exactly

        I mean Merkel’s buddy Orbán just killed off the free press just like he killed off worker’s rights for Merkel’s industry buddies in Hungary after the refugee crisis - made worse by Merkel, exploited by Orbán. And now, Merkel’s industry buddies are closing factories in Germany and still opening new ones in Hungary, because they can defer overtime pay for three years and can pay in a currency that loses value continuously against the EUR.

        And I very much reject being called out for dissing Syrians, they were the primary victims in all this, along with the Hungarian and the German worker.

        I’m just saying there are too many coincidences where Merkel’s actions benefited Orbán and vice versa, and that actions were only taken against Orbán in the EU in any meaningful sense after Merkel left.

        • poVoq@slrpnk.netM
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          9 days ago

          Ok, I can generally agree on that, but lets please not mix Syrian (or other) refugees into that, because those are really two different issues. Most of them are not employed in the sector you talk about, and in total numbers they make up an insignificant part of the work force anyway.

          • ℍ𝕂-𝟞𝟝@sopuli.xyz
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            8 days ago

            Yeah I was saying that refugees were connected to the issue, but not as the perpetrators but as tools to fuck everyone over. I get how that wasn’t obvious.

            Decent people in Hungary for example were out helping people both in 2015 when Syrians and others were made a spectacle of by the government, crowding them up at Keleti, and they were at the Ukrainian border helping those refugees when they were escaping yet another Russian attempt to make everything worse.

            All Orbán ever did about the refugee crisis was have people take pictures and scare my grandma with it. It’s just that if you look at the events from Hungary, Orbán has had unlimited EU funds to use to quash Hungarian freedom for 15 years, and while despite this, Hungary is very much pro-EU - Budapest is the only region that said they are Europeans first, locals and Hungarians second - there is a sentiment I share that people like von der Leyen and Merkel are fucking it up for all of us.