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Quote by Michael Eric Dyson

“Light-skinned black people are seen to be closer to white people. The allegiance to lighter-skinned people has operated in a very destructive way that we have internalized ourselves inside black communities. You look at many of the prominent black people in this society who have been able to do well. Many have been lighter-skinned.”

Quote by Michael Eric Dyson

Author

Michael Eric Dyson

Michael Eric Dyson is an American author, academic, and public intellectual, born on October 23, 1958. He is recognized for his work in African American studies, sociology, and cultural criticism. Dyson has authored numerous books on race, politics, and culture, and has held faculty positions at various universities. more

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“But for poor black people and working-class black people, it is a much more difficult way to go. The over-incarceration of black people is just intolerable. When you look at the disparity in terms of education and access to fair schooling, it is horrible. If this would happen to white people in this country, it would not be tolerated.”

People Ifs Way Looks Country Happens Difficult Black Term White Poor Class Fairs Access Horrible Black People Working Class Schooling Disparity Incarceration

Author:Michael Eric Dyson

“There is no question that a breakup of the euro would be very damaging, very costly, both financially and politically. And the biggest loss would be incurred by Germany. Germans have to bear in mind that, effectively, they have suffered practically no losses so far. Transfers have all been in the form of loans, and it is only when the loans are not repaid that real losses will be incurred.”

Mind Real Would Be Form Loss Bears Germany Breakup Loan Transfers Euro

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“Germany will always do the minimum to preserve the euro. Doing the minimum, though, will perpetuate the situation where the debtor countries in Europe have to pay tremendous premiums to refinance their debt. The result will be a Europe in which Germany is seen as an imperial power that will not be loved and admired by the rest of Europe - but hated and resisted, because it will perceived as an oppressive power.”

Country Results Pay Situation Europe Debt Preserves Hated Germany Minimum Euro Debtors Refinance

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“There is no doubt that the countries that now have a very large debt have not introduced the kind of structural reforms that Germany did and are therefore at a disadvantage. But the problem is that this disadvantage is becoming even more pronounced through the punitive policies in place.”

Kind Country Problem Doubt Policy Becoming Debt Reform Germany No Doubt Disadvantages

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“This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the euro was introduced, the regulators allowed banks to buy unlimited amounts of government bonds without setting aside any equity capital. And the European Central Bank discounted all government bonds on equal terms. So commercial banks found it advantageous to accumulate the bonds of the weaker countries to earn a few extra basis points.”

“The lower interest rates fueled housing and consumption booms in countries such as Spain and Ireland. At the same time, Germany, struggling with the burdens of reunification, tightened its belt and became more competitive. All this led to a wide divergence in economic performance. Europe became divided into creditor and debtor countries.”

Country Interest Struggle Economic Europe Performances Rate Burden Wide Germany Divided Ireland Consumption Spain Housing Belts Interest Rate Creditors Debtors Divergence Reunification

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“Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore what has happened as a result of the introduction of the euro is largely Germany's its responsibility.”

Country Forget Results Responsibility Happened Creation Germany Introduction Euro Franco

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“The integration of Europe was very much led by a Germany that was always willing to pay a little bit extra to reach a compromise that everybody accepted, because Germany was so eager to get European support for reunification. That was called the "farsighted vision," which created the European Union.”

Littles Bits Pay Vision Support Willing Little Bit Europe Unions Accepted Compromise Extras Germany Integration European Union Reunification

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“The fact of the matter is that the most unexpected and miraculous thing in my life was the arrival in it of poetry itself - as a vocation and an elevation almost.”

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“The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany is grateful to America for the Marshall Plan, Italy would be grateful to Germany for helping it lower its refinancing costs.”

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