Word: helmut
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...other last week in a Wagnerian opening to their eight-week national election campaign. Chancellor Willy Brandt lost his temper at a press conference. Karl Schiller, who had resigned as Brandt's Economics and Finance Minister in June, quit the Social Democratic Party completely, accusing his Cabinet successor, Helmut Schmidt, of "demagogic downplaying" of inflation. Another former Finance Minister, Christian Social Union Leader Franz Josef Strauss, likened Brandt's views on price increases to those of a simple hausfrau...
Every one of these suggestions had been heard before from academic economists-but now Shultz was putting the prestige of the U.S. Government behind them. West German Finance Minister Helmut Schmidt acclaimed the proposals as "the coherent platform we have so long waited...
...weeks ago West German Economics and Finance Minister Karl Schiller resigned over the controls issue. His departure took away one of the last influential voices calling for unhampered capital flows. Schiller's successor, former Defense Minister Helmut Schmidt, apparently believes that without some controls West Germany will be forced to revalue the mark upward for the second time in less than a year, thereby making its products more expensive and harder to sell abroad. French Finance Minister Valéry Giscard d'Estaing, too, favors currency regulations as opposed to floating rates...
...fill the two vacancies left by Schiller's departure, Brandt switched Helmut Schmidt from the Defense Ministry to take over the Economics and Finance portfolios. Schmidt, whose youthful good looks help him to outdraw even Brandt in voter-preference polls, is a leading member of the party's right wing. With elections ahead, Brandt wanted to be certain that West German voters realized that Schiller's abrupt exodus did not mean a leftward swing by the Social Democrats away from the recent middle-of-the-road policies that helped bring them to power...
...remarkable concession to the hirsute habits of West German youth, Defense Minister Helmut Schmidt 15 months ago decided that members of the Bundeswehr could sport beards and long hair, as long as they were clean and well groomed. Another Schmidt decree stipulated that if a soldier's hair was so long that it impaired his "functioning and safety," he had to wear a hair net on duty...