Story Comments

This comment is below the standard viewing threshold View It »

FTA:

"As I listen to President Sarkozy's opening remarks at the G20 Gordon Brown Press Conference, I come away with the impression that Sarkozy put forth some excellent ideas. There will be a black list drawn up of tax havens; there will be a tripling of funding for the IMF, and a large portion of this capitalization is to help developing countries. A new body (committee) will be in charge of 'oversight'. There will be a follow up meeting of the G20 in New York to coincide with the annual National Security Council meeting, where the G20 will evaluate the results of the measures implemented during this current summit.

During the Q & A part of his speech, he tried to tread lightly on Obama's differences with his European partners; he lauded him for agreeing to the black list. But he pointed to the failure of certain aspects of capitalism that precipitated this crisis, i.e. total deregulation. He did say that his 'Anglo-Saxon' friends did finally agree that rules are needed, oversights, more regulation, less protectionism. Free trade and protectionism, i.e., 'buy American' were items that were on many reporters minds.

Sarkozy did say that there had been tension, arguments, disagreements,-of course, but considering the diversity of cultures and economic systems by which the attendees abide, it was heartening that they could finally come to agree on key points."

Sarkozy would do well to remember if it were not for the Americans coming to their aid they'd be a German puppet state today. They capitulated so quickly in WWII that Hitler did not have to tie up many troops waring against them.

Hmmmmmmmmm ???? Now Merkel and he want to tell us how to solve the problems ???? No thanks !!!!!!!!!!!!!!!!!

They can kep their freaking socialistic crap over there.

0 Replies