The anti-Hungarian conspiracy: Barack Obama, Bill Clinton and George Soros

I’m sure that Viktor Orbán harbors ill feelings toward Bill and Hillary Clinton–and that’s probably putting it mildly. Hillary Clinton, when Secretary of State, wrote a letter to him a few days before the parliamentary vote on the new constitution. In it Clinton expressed her regret that her talk with Orbán in June of 2011 and “the constructive comments offered by the U.S. government … have not led to a serious reconsideration of [the] laws” included in the new constitution. The Obama administration was obviously not happy with Viktor Orbán’s illiberal state. It is worth recalling that, although Barack Obama wrote the usual congratulatory letter to Viktor Orbán on his “strong showing in the April parliamentary elections” in 2014, he added: “It is important that the United States and Europe stand together for democratic principles, particularly in a time in which the peace and security of Europe is being tested. As we work with Ukraine to instill rule of law, transparency, respect for individual liberty, and a system of checks and balances, we must remain dedicated to the same ideals at home. I hope you will use your new term to recommit yourself to building Hungary’s democratic heritage.” As I pointed out at the time, the Hungarian prime minister’s office, instead of translating the letter, merely summarized it. Naturally, these crucial sentences were left out of the summary.

A few months later, in September 2014, former President Bill Clinton, on The Daily Show with Jon Stewart, said that “there’s the authoritarian capitalism model which is Russia and in a different way China, and it has some appeal. Like the Hungarian Prime Minister – they owe a lot to America; he just said he liked authoritarian capitalism, just saying ‘I don’t ever want to have to leave power’ – usually those guys want to stay forever and make money. And there’s the democracy model …” This was not an off-the-cuff remark. A few days earlier he said essentially the same thing in an interview with James Bennet in the Atlantic MagazineHe talked about different political models, among which “there is a contest here in the world today…. There’s autocratic governments trying to take advantage of market opportunities—what [Hungarian Prime Minister] Viktor Orbán embraced the other day.” Clinton was obviously familiar with the Hungarian prime minister’s by now infamous speech, described in a footnote as “a headline-grabbing speech,” calling for Hungary to abandon its “liberal methods and principles of organizing a society, as well as the liberal way to look at the world.” At about the same time President Obama, talking about countries from Russia to China to Venezuela which vilify legitimate dissent, included Hungary among them.

At the time Péter Szijjártó, who was not yet foreign minister, said only that the former president “was conned.” It’s been a long time since Bill Clinton visited Hungary and therefore he is ignorant of the real situation. Otherwise, government officials simply ignored the comments of the two U.S. presidents. At that time it was only the right-wing media that put forth all sorts of conspiracy theories to explain what they saw as a concerted attack on Hungary. It was at this time that George Soros’s name came up as a man behind Bill Clinton.

So, less than two years ago the Hungarian government refrained from inventing fanciful stories about the evil George Soros, whose “main hobby” is his repeated attempts to overthrow the Orbán government. This is no longer the case. Today the government leads the way and the right-wing media only follows.

Bill Clinton is once again the bête noire of the Orbán government. A week ago, during a campaign stop in New Jersey, he said that “Poland and Hungary, two countries that would not be free but for the United States and the long Cold War, have now decided this democracy is too much trouble. They want Putin-like leadership: Just give me an authoritarian dictatorship and keep the foreigners out.” In a response that seemed to come from the Hungarian playbook, Jarosław Kaczyński told reporters that “if someone feels that there is no democracy in Poland, they should be medically examined.” Hungarian foreign minister Péter Szijjártó, who happened to be in Sofia at the meeting of EU foreign ministers, announced that “no one, not even Bill Clinton, can allow himself to offend the Hungarian people in this way.” Of course, Bill Clinton was not talking about the Polish and Hungarian people but about the governments of Poland and Hungary.

But Szijjártó didn’t stop there. He claimed that “it is a well-known fact that George Soros is dissatisfied with the present Hungarian government and he would like it if someone other than Viktor Orbán would be the prime minister of Hungary. In our view, it is this dissatisfaction which is behind the American criticisms.” He reminded people that Soros is a friend of both Bill Clinton and his wife, who is currently running for the U.S. presidency. Soros always supported the “politics of the Clinton family.”

Fidesz immediately released its own communiqué, pretty much repeating Szijjártó’s claims. As Fidesz put it: “the face of the American criticisms is Bill Clinton’s but its voice is George Soros. In the past the American speculator tried to put pressure on the Hungarian government on several occasions, especially in issues of immigration and financial matters.”

President Bill Clinton and George Soros

President Bill Clinton and George Soros

The attacks of the Orbán administration on Soros and, by extension, on the U.S. government continue unabated. Today it was János Lázár who talked at length about Bill Clinton’s remarks at his usual Thursday marathon press conference. He went even further than Szijjártó because he managed to drag President Obama into the story. According to Lázár, “not so long ago while visiting Europe, President Obama clearly spoke in favor of the importance of migration, settlement and even the forced settlement [of migrants].” He added that Obama and the U.S. “are following a very strong pro-migration, pro-illegal migration policy in the interests of having as many Muslims as possible in Europe.” To Lázár’s way of thinking, immigration “dilutes” Europe. But, he continued, such a development will allow the European Union and the U.S. “to cooperate without constraints.” At today’s White House briefing Josh Earnest, who was unaware of Lázár’s comments, said he wasn’t “sure they’re worthy of a response.” Indeed Earnest is right. This is utter rubbish. The whole thing makes no sense, but this fact doesn’t seem to bother the head of the prime minister’s office.

The foreign press hasn’t yet picked up on the Hungarian government’s constant harping on George Soros’s allegedly vital role in U.S. foreign policy, but today Lázár also spent quite a bit of time on Soros. As he said, the “Hungarian government is convinced that Soros is one of the most influential supporters of the Democratic party and of the Clinton couple.” The Hungarian government is sure that “Soros will play an active role against one of his most dangerous adversaries in Europe, the Orbán government.” Moreover, as Lázár sees it, the current migration is “an organized movement,” behind which he suspects George Soros. “The Hungarian government is prepared for attacks from George Soros because of Hungary’s migration policies.” Magyar Idők went so far as to claim that “Soros, by exploiting the European Union’s good faith, naiveté, and legal and military weaknesses managed to bring about one million illegal migrants just to Germany and hundreds of thousands more to other parts of the European Union.”

One really wonders about the sanity of the man in whose head these bizarre thoughts were born. That man, I’m afraid, is Viktor Orbán himself. He made many references to George Soros as the instigator of the refugee crisis. Foreign newspapers were full of stories last October that Orbán lashed out at Soros: “His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional lifestyle.” Orbán’s minions simply repeat and elaborate on the great man’s thoughts.

May 19, 2016
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Member

“Orbán lashed out at Soros: “His name is perhaps the strongest example of those who support anything that weakens nation states, they support everything that changes the traditional lifestyle.”

Orban must know! Soros financed Orban’s questionable education and provided him 10,000 forints/month in 1989. Without Soros Orban would be now where he belong,s in the quarries of his father, and doing well deserved hard labour.

By the way Soros is business partner of Trump, so if the Hungarian government is hoping for Trump as new president of the USA, they are up for a rude awakening. (Look up Chicago Trump Tower.) The difference between USA and Hungary that in the USA business interest can be separated from political interest. Can be. It does not mean it is always separated, but it does not mean that your political and business interests must go hand in hand as it is Hungary.

Stephen Saletros
Guest

Americans who support Trump believe in US sovereignty, secure borders, the Rule of Law,a strong military and support for the police and our veterans. We understand and support the courage and leadership of PM Viktor Orban in defending the sovereignty and security of Hungary and Europe against the EU and liberal leftist multicultural globalists! The days of Obama are almost over and the corruption of the Clintons will be rejected by the masses The Silent Majority has had little voice due to the domination of the main stream media by liberals until now. Trump is leading a National Populist movement against the Establishment Elites who have consistently failed to fight for the average American of All backgrounds and America! We will work together with the National Patriots of All countries, especially the courageous PM Viktor Orban, and the Hungarian people! Soon America and Hungary will Be Great Again together!

Király Rogerius
Guest

And then Hungary’s pre-Treaty of Trianon borders will be restored, right? Jawohl mein herr! És „ A magyar név megint szép lesz…‟

Guest

What will you say if Trump doesn’t win?

You appear to have put all your eggs in one basket.

Orban is a loser, chum.

Observer
Guest

@salétros

“Soon America and Hungary will Be Great Again together!”

Can’t wait for this one, but I missed the last time they were Great Together. And which is going to be the greater one?

Come to compare professor Obama and the félművelt felcsúti fél–y!
OMG! Salétrom in some heads.

Member

What Orban supports is a the “storm in the chamber pot” (“vihar a biliben”) he creates from the tax payers and EU money. Trust me if he would have to pay for all of his senseless surveys from his own pocket you would have none. By the way, Trump is part of the populist elite. The similarity between Trump and Orban is the populist agenda, stirring up sentiments, overblowing the problems, and offer solutions that cannot be executed. I honestly feel sorry for people who buy into this agenda because you are the people who Trump and Orban say about “I love the uneducated”. Being uneducated does not mean the lack of diplomas and certificates (that you can actually buy by the kilos in today’s Hungary, but the opening of the mind to history, morals, economy, and politics. All that both men’s supporters seem to lack.

OKSI
Guest

Again, Hungarian universities are traditionally much more better than the Americans. There are 7 -8 very good university in the USA by international standards (it is too few fo such a large country like the USA), the others are not more serious than a better grammar school in Central European countries.

Observer
Guest

So this troll is concerened about the level of higher education in the US.
Why not rather look at the Orban’s bashing of an already mediocre Hungarian h.education.

Guest

Ha! Ha! Ha!

Not one university in Hungary comes higher than 550 in the International table of Universities.

webber
Guest

OKSI – You are either stupid or a liar. By all neutral international measurements, those taken by the Chinese, the Brits, and everyone else, the world’s top universities are American. Five of the top ten in the QS rankings, for instance, are American, and nos. 1 and 2 are American (Harvard and MIT).
By the Times Higher Education Supplement rankings, American universities take 6 of the top ten rankings, and the universities in 1st and 3rd place are American.
Choose any ranking you like, taken by any standard, and you will find American universities at the top.
By all international measurements, the very best Hungarian universities barely reach the top 200-300.
Look for yourself. All the rankings are online.

Istvan
Guest
Here I sit in the early morning in Chicago reading a claim of how Mr. Trump is a friend of US military veterans and I suspect my blood pressure has risen. Hopefully American-Hungarians, and bilingual Hungarians living around the world know something about Trump’s own history with the United States Army Junior Reserve Officers Training Corp. Trump was sent by his family as a child to the New York Military Academy, for discipline because he was a spoiled little rich brat. None the less he marched about and played solider as an adolescent, if you go to http://www.nytimes.com/2015/09/09/us/politics/donald-trump-likens-his-schooling-to-military-service-in-book.html?_r=0 you can read about this. He also avoided military service during the hight of the Vietnam War and as you can read in that article openly admits he did so because the war was a “mistake” and because he had a medical condition that prevented him from entering the military called heel spurs. I would suggest that Mr. Trump avoided military service and that he actually brought forward medical documentation of his heel spurs to avoid the draft. Those who wanted to serve underwent therapy for that condition or did their best to hide it during medical exams during the enlistment process.… Read more »
Member

A great overview of Trump’s relationship with the military, including this quote: “Trump has a long and colorful history of showing disrespect toward men and women in uniform”
http://highline.huffingtonpost.com/articles/en/trump-at-war/

Guest

London Calling!

“Josh Earnest, who was unaware of Lázár’s comments, said he wasn’t “sure they’re worthy of a response.”

The Hungarian government is just a spec of dirt on the Global window pane.

Lázár, Orban, Szijjártó et al are just corrupt thugs.

It must be really frustrating that Hungary has become the nasty smell in Brussels – with Hungarian officials being so ostracised that they now deny being Hungarian.

(Where have I heard that before? Oh yes! Here in England.)

Yes, Hungary.

Who? Where’s that? Who are they?

I think it’s part of Russia, right?

OKSI
Guest

“Who? Where’s that? Who are they?

I think it’s part of Russia, right?”
Yes, typically only the people with uneducated proletarian background.

tappanch
Guest

Orban attacked Soros in his weekly radio interview on Friday morning (May 20).

“In Central Europe, there exists a sinister [‘background’] power connected to George Soros. He is the supporter of the American Democratic Party; so
the mouth is Clinton’s, but the thought is Soros’s”
[The voice is Jacob’s, but the hands are Esau’s] .

“I do not want to get entangled in conspiracy theories, I am just stating the facts.”

http://hvg.hu/itthon/20160520_Orban_Brusszel_meg_fog_hatralni

tappanch
Guest

There are so many people to blame for the 5-year old Syrian civil war. the refugee crisis. Soros is not one of them, of course. Why doesn’t Orban pick on his good dictator friend Erdogan, for example?

tappanch
Guest

Soros article (April 9, 2016):

” refugees and the countries that contain them in the Middle East must receive enough financial support to make their lives there viable, allowing them to work and to send their children to school. That would help to keep the inflow of refugees to a level that Europe can absorb. This can be accomplished by establishing a firm and reliable target for the number of refugee arrivals: between 300,000 and 500,000 per year. ”

“At least €30 billion ($34 billion) a year will be needed for the EU to carry out such a comprehensive plan. This includes providing Turkey and other “frontline” countries with adequate funding to maintain their very large refugee populations, creating a common EU asylum agency and security force for the EU’s external borders, addressing the humanitarian chaos in Greece, and establishing common standards across the Union for receiving and integrating refugees.”

http://www.nybooks.com/daily/2016/04/09/europe-how-pay-for-refugees/

Guest

O/T Orban is King of Europe – soon to be esconsed in his castle – ordering the EU around.

Hands off Poland – they’re my Visegrad mates.

If you need a friend like Orban – you might have to consider you’re on the wrong side of the argument.

If you have a friend like Orban you’d better tell him to STFUp.

http://uk.reuters.com/article/uk-hungary-orban-poland-idUKKCN0YB0FC

Guest

Esconsed of course.

Soros.

That Soros has even corrupted my spelling.

Guest

No! Esconced – Android keeps flipping it back!

Soros.

Guest

Given their views on Soros, how come Orbán, Lázár & Co. continue to tolerate the existence of the Central European University (CEU) in Budapest, a citadel of liberal democratic learning and research funded and inspired by Soros?

Doesn’t make sense.

Reality Check
Guest

What can they do? It is privately funded non-profit and any moves against it would be meet with international outrage.

Besides all the BS about immigrants and Soros/Clinton is simply to distract from what they are doing with the other hand. I do not think they believe in what they are saying.

Guest

A Bőgatyás Bunkók Birodalma.

Reading Éva makes me realize again and again just how incredibly lucky I am in not having had to live out my life in Hungary, and not having anything to do with Hungarians here in Australia.

Observer
Guest

@ambalint

Bet you are.

What a pity. In the 90s I was pleased to be associated with the “merriest barrack” in the Communist block, now the saddest and most frustrated one.
My children are only paying short visits to see old friends, not for them this environment.

Guest

If I may comment. It is good though that you let them see the ‘view’. It will be good for them to take in that ‘environment’ so that it can help them make assessments of how governments and countries ‘work’ to inject life, liberty and the pursuit of happines among their people.

I became a changed teenager seeing that ‘merriest barrack’ and experiencing the people and country. It changed my life. Unfortunately, past events in the country have irrevocably split my family in many ways. It continues to this day. There are things even today I have no knowledge or understanding of. All in all I have come to the conclusion Magyarorszag has been ripped up and used up so long that she is so weary from the exertions of simply existing that she cannot get rid of the resulting malaise infecting all her actions. Arguably she is a sick puppy. What we see today is the result. It is a tiredness of life being borne heavily. In a way maybe Magyarorszag is better off just to go off into a deep sleep. That way they can perhaps escape the continuing nightmares and angst.

Observer
Guest

My children spent many years in Budapest living well. Then they bolted out for good, they say.

OKSI
Guest

Are you a typical economic refugee who migrated to the West from Hungary?

Guest

If you were a ‘typical economic refugee ‘ you’d be pretty dim to choose Hungary….

Reality Check
Guest

Looks like Hungary is going to miss out on the upside of the migration crisis: http://www.theguardian.com/world/2016/may/18/refugees-will-repay-eu-spending-almost-twice-over-in-five-years-report

Meanwhile in Budapest a 15% annual increase in tourist visits over the last few years has resulted in a shortage of qualified seasonal workers. So businesses are hiring foreigners!

OKSI
Guest

tourism is important business for the poor third world countries. I hope, it will never be a serious business in Central European countries, because it would men extreme poverty.

Guest

Troll!
Tourism is a very important business for poor third world Hungary …

OKSI
Guest

Again, Tourism is/was not an important sector of Hungarian economy.

Guest

With almost 15% of the GDP?

Stupid troll!

But you’re funny in your idiocy, made my day! 🙂

OKSI
Guest

Tourism contributed only 4% in average, and the top was 8%. The 4% is similar to the German date: https://en.wikipedia.org/wiki/Tourism_in_Germany

Guest

Your nonsense is really funny!

Comparing Hungary to Germany – wouldn’t Russia be a better comparison? 🙂

ubo
Guest

Soros is a symbol. He is a Jew. That’s what is important. A cosmopolitan, capitalist Jew. These rootless Jew are the real plotters as they have been since time immemorial the as it we know from the The_Protocols_of_the_Elders_of_Zion.

I’m really not one of these people who cares much about anti-semitism and I’m sure Orban will continue to be great friends with the Lubawitcher (and could be great friends with Netanyahu if he wanted to), but this is a time-tested, traditional Central European anti-semitic narrative.

Member

I must agree with you. Every time there are mentions or references made to Soros, you just have to exchange that to the word Jew. That is what’s all about. It is very sad that Deutsch, and some others are part of this culture but contributing their name.

OKSI
Guest

Why do you think that Fidesz is anti-semitic? Check the biography of leading Fidesz members, and you can found their Jewish ancestry, in much higher ratio than in any other Hungarian parties. Anti semitism doesn’t really exist in the Fidesz party.

webber
Guest

Like hell it doesn’t! What do you say to Fidesz member Zsolt Bayer – who is an anti-Semite even according to court rulings.
Either you don’t know any Fideszniks, or you are a liar.

MAB
Guest

Ah, I had wondered why there was a protest of the US Embassy about “remarks” by Bill Clinton scheduled for Thursday – they got the date of the “remarks” wrong. This is supposed to have happened yesterday. Does anyone know what actually happened?

http://hungary.usembassy.gov/mobile//demo_notices.html

Member

Lázár says that Europol estimates that migrants paid US$ 6 billion to smugglers in last year. The data comes from this report: https://www.europol.europa.eu/content/migrant-smuggling-eu. The report actually states that criminal networks had a turnover of 3-6 billion USD in 2015. This is so much money, Lázár concludes that somebody (=Soros, obviously) must be organizing and financing the movement of 1.5 million people. This is such a cockamamie theory that he has a hard time telling it without a smile. But the propaganda must work for the Hungarian public.
Note that $4000 per person sounds about right for coyotes’ going rate on the US-Mexican border. I talked to an Afghani guy last October: he *walked* from Jalalabad to Turkey and then paid 2000 euros to get to Hungary.
Tough border controls make the business more profitable as the Europol report points out. The report underlines also that Hungarian is one of the most common nationalities in the criminal networks.

The fun part in the youtube video about the press conference (https://www.youtube.com/watch?v=imt7KHb8AmA) is at 7:35-8:35.

[I will try to embed a coub here about Lázár smirking.]

Member

The sad part is the Lazar is just so darn dumb that he believes that all immigrants are poor like the church mouse. It is not only the poor that left, but many middle class. Just like in Hungary, in Syria there were rich and there were poor people. If Orban have to fell Hungary (and I hope the day will come), he would have enough money already to make himself a very comfortable “refugee”.

tappanch
Guest

By neglecting for years, and now disbanding the universal health care organization OEP, the Orban government is preparing the way for the private insurance companies to take over health care.

http://hvg.hu/gazdasag/20160520_maganegeszsegugy_fidesz_oep_onodiszucs

Observer
Guest

Words kill, goes the old agate.

And Orban and gang rhetoric is now on par with the Jobbik party, if not beyond.
Hungary today is practically* a fascist (light) state cum Latin American circa 60s style total corruption.

Why are these developments tolerated by the EU, let alone financed by EU taxpayers money is beyond me. I’m not naive about politics, the obnoxious political dwarf should have been made an example of to discourage such developments elsewhere.

Don’t tell me there wasn’t/isn’t enough economic and political power. The democratic system was again slow to react and got muddled in petty compromises serving shortsighted political interests. Now Europe suffers and will suffer the consequences: more/spreading nationalism, irrational and unpredictable policies and extremism and less Europe.

* “forget about what I am saying, look at what I am doing” – V.Orban

Guest

Re: ‘Hungary today is practically* a fascist (light) state cum Latin American circa 60s style total corruption’

Funny how things come around in a country now run by in-house ‘intellectuals’ providing all the reprehensible rhetoric. Back in Kadar days, it was the intellectuals as enemy who were considered servants of fascism. Back to the future once again.

OKSI
Guest

Funny. Historically, between 1990-2016, the Fidesz party had the most Jewish origin members of parliament, than how can be Fidesz a nazi?

webber
Guest

Prove it.

Guest

Of course:
Hungary is the most important country in the world and Soros etc do everything to destroy it – clever Soros started with financing O so many years ago …

If it weren’t so sad it would be hilarious!
comment image

Guest

Please pray tell how does a 37-38 year old guy get to be PM.?? Nice sweet job if you can get it.
The only perspective so far he can arguably have has to be the infant tej bottle in front of his nose. Jaysus.

forgó
Guest

Clinton is only 3-4 points over Trump, with many still undecided. In a month and a half Trump closed the gap by 8 points.

This isn’t looking good at all for the Dems. Orban and Putin are betting on Trump.

http://elections.huffingtonpost.com/pollster/2016-general-election-trump-vs-clinton

Istvan
Guest

This is true and also frightening. It reflects the weakness of Sec Clinton much more than the positive attributes of Trump. Sen Sanders in fact polls better against Trump.

But Sanders is a pacifist with a vision of social democracy based on some fantastic version of Olof Palme’s socialist Sweden that has long since ceased to exist in Europe. When American social democrats talk they never look at the reality of a party like the MSZP or François Hollande’s SP in France that is attempting he reduce social welfare benefits in that society.

College educated Americans in their majority will vote against Trump, Hispanic Americans will in their vast majority vote against Trump as will African Americans. Many will be voting against Trump by being forced to vote for Sec Clinton, will it be enough. I hope so.

Guest

We will certainly see. If anything that has to be said of Trump’s candidacy it is that he’s ‘moving the chairs’ in the house of US politics both in the kind of the message he is sending as well as how he presents it. Trump would appear to personify a haven where every American who has a ‘chip on his shoulder’ sees him as a useful political dump truck where their sacks and sacks of grievances can pile high.

Like Orban, Trump’s politics looks to be a revisionism to ‘take back’ what allegedly has been hijacked by others. And he’ll use populist politics to rattle the cages. These two look like ‘shoot from the hip’ partners. And they’re looking for that big OK Corral fight to help set future agendas.

Guest

Re: The Obama , Soros, Clinton

Like a Tinker Tailor Soldier Spy story. There are three of them and Alleline! The triumvirate plus others no doubt but not attributed bringing down the Magyar state.

As Magyarorszag appears to be doing some time travel back to the 30’s it doesn’t surprise that perhaps there is a revival in ‘cults of personalities’. But this time it ain’t Uncle Joe. The gnarly fingers now point to the untrustworthy West. The dastardly West. What a turn of the tables. The indisputable cause of Central Europe’s troubles. Vlad should be so lucky to have such servile termites doing his dirty work.

Guest

Hungarians are actually very much like Arabs, and not just in their attitudes to women, their corruption, their hysterical scapegoating, their endless internecine conflicts or in their beggar thy neighbour ways.

The Hungarian and Arab sense of self-worth – within the respective mental bubbles they are living in – is way out of proportion with their actual worth and status as perceived by sane people who happen to inhabit the real world, which then leads to a lot of frustration, whinging and finger pointing on the part of both Hungarian and Arab.

Ironic that Hungarians are so hysterically against resettling Arab refugees and immigrants in their midst, because culturally those Arabs would actually be a perfect fit in every way for mainstream Hungarian society.

OKSI
Guest

Are you from Romania or Slovakia? Why do you attack Hungarian people? You can criticize the Government, the leading party, the PM, but what is your problem with the Hungarians? IS this a type of inferiority complex, which realized in racism or ethnic hatred?

Guest

Are you Turanian then?

webber
Guest

I’m just willing to bet OKSI is Russian. And why? He is unaware of some basic facts about Hungary that even Fideszniks freely admit (Hungarian universities are not good enough). Also, there is something about his syntax. His English is excellent, but there is something archaic, and even un-English about the cadence – something I’ve heard from graduates of Lomonosov University, something Russian. His use of the word “proletariat” for example.

tappanch
Guest

Erdogan’s solution for losing the 2/3 majority:
June 2015. AKP 40.9% of the vote, 46.9% of the seats

He did not like the results, so there was a new election
November 2015: AKP 49.5% of the vote, 57.6% of the seats.

This is still not 2/3 to introduce a complete dictatorship.
May 20, 2016: Parliament suspends lots of opposition MPs , and a few from
the ruling party.

AKP: 317-27
MHP 40-9
CHP (secularist party) 134-51
HDP (Kurdish party) 59-50

Now AKP will have 70.4% majority in Parliament !

tappanch
Guest

Some of the teachers who dared to strike on April 20, saw their social security and health care suspended by the government for weeks.

http://hvg.hu/itthon/20160520_Hetekre_felfuggesztettek_a_sztrajkolo_tanarok_tbjogviszonyat

diggler
Guest

Péter Polt seems pretty relaxed. I don’t understand why people keep complaining, if you work hard, you can surely get ahead.

http://munchausenparokaja.tumblr.com/image/144664867701

tappanch
Guest

Fitch Ratings, one of the 3 big rating agencies, upgraded Hungary on notch from junk.

They used their own indicator, called Net external debt (NXD) to justify the step.

https://www.fitchratings.com/site/pressrelease?id=1004883

tappanch
Guest

I do not know how they define their NDX, but they also cite the improving gross general government debt.

Here is my observation about this series.

The government had direct influence over the calculation of the enhanced gross debt (“Maastricht” by AKK), it had no influence over the enhanced gross debt numbers by MNB (“consolidated”) until 2013.

The two numbers differed a great deal from each other, but they became almost equal since Matolcsy took over MNB three years ago. The MNB actually issued two DIFFERENT numbers for 2013-03-31. (I cannot find the old series on MNB website, but I downloaded the numbers years ago)

The gross debt was suddenly reduced by 2.6 billion euros.

Maastricht debt, as measured by AKK
2010-03-31: 21103.60
2011-03-31: 22504.12
2012-03-31: 22431.80
2013-03-31: 23362.19
2014-03-31: 24915.15
2015-03-31: 24976.19
2016-03-31: 26146.96

Consolidated gross debt, as measured by MNB
2010-03-31: — 23173.1
2011-03-31: — 24046.8
2012-03-31: — 23626.2
2013-03-31: 23340.0 or 25934.7
2014-03-31: 24904.5 —
2015-03-31: 24975.7 —
2016-03-31: 26147.0 —

tappanch
Guest

Gross debt is much easier to manipulate than net debt.

gross – assets = (gross-d) – (assets – d) = gross’ – assets’

Former MNB Chairman Suranyi indicated this in his recent article on portfolio.hu

The calculation of the GDP= denominator was changed in September 2014.
The GDP became larger automatically.

The difference of the two GDPs amounted to 24.3% between the 2000 and 2013, i.e. 1.87% yearly on the average.

tappanch
Guest

According to the latest MNB report.

Liabilities of the total government = gross = 34568.6
“Consolidated” debt = gross’ = 26147.0 billion HUF, 24.4% less.

tappanch
Guest
Further remarks about the Fitch report. A. “Fitch expects gross general government debt to be 73.2% of GDP by 2017, down from 75.3% at end-2015 and a peak of 80.8% in 2011.” It is clear from this sentence that they use the AKK “Maastricht” numbers. They compare the December 31, 2011 & December 31 2015 ratios. gross Maastricht debt – AKK 2011-12-31: 22720.75 = 80.760% of current GDP 2015-12-31: 25393.93 = 75.326% of current GDP First of all, the GDP was calculated automatically larger in 2015 than in 2011. Second, in 2011, the government did not create an artificial Dec 31 dip in the debt, as opposed to 2013, 2014 and 2015. 2014 dip for the central government debt: 2014-10-31 = 24736.0 2014-12-31 = 23881.1 2015-01-16 = 24715.8 2015 dip for the central government debt: 2015-12-11 = 25911.7 = 77.2% 2015-12-23 = 25127.3 2015-12-31 = 24699.72 —> 1.2 TRILLION less debt in 20 days? no weekly data published since 2016-01-01 B. compare the lower “Maastricht” ratios above with the increasing gross liabilities of the general government – MNB 2011-12-31: 24056.4 = 85.51% of current GDP 2015-12-31: 33034.6 = 97.99% net liabilities of the general government – MNB 2011: 14727.5 =… Read more »