Discover and read the best of Twitter Threads about #proportionality

Most recents (2)

A short #thread on the #Karlsruhe decision on the legality of the @ecb's #QE #PSPP ... (NOT #PEPP or #Covid QE)

My overall assessment ...

It's not good ... 3 or 4 /10 where 10/10 would have been carte blanche for the #ECB and 0/0 "QE is verboten", a disaster for the #Eurozone
First the headline bombshell "ECB decisions on the Public Sector Purchase Programme exceed EU competences" is a BIG deal ... the @BVerfG has directly accused the @ecb of violating the #EU constitution and the @EUCourtPress and #German government of complicity in this violation!
More precisely, #BverfG says the #ECB violated Art 5(1) and 5(4) on "#proportionality" by failing to demonstrate that it considered the "economic effects" of #QE before launching it, and that #Germany and the #ECJ failed to hold the Governing Council of the #ECB to this standard!
Read 9 tweets
@realDonaldTrump has placed a pause in the infliction of a military response to #Iran's #unlawful and #unprovoked attacks on #ships in #internationalwaters and a US #drone in #internationalairspace.

His own explanation?

#Iran
#Trump
#ProportionalResponse
#JohnKerry
As his tweets explain, proposed targets for such response exceeded #proportionality. Setting aside damage to ships in international waters, loss of our drone inflicted between 120 and 180 million $$$$ in loss. Proposed strike might have caused up to 150 lives.
Trump correctly concluded that such a response lacked proportionality. That consideration is important.

Limiting our response to inflicting proportionate damage demonstrates both #wisdom and #justice.
Read 14 tweets

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