France, Germany, French President Nikolas Sarkozy and German Chancellor Angela Merkel all look better and smarter all the time, it seems.
They're the ones pressing the most at the G20 right now for much more regulation and restrictions in business and our ugly, out-of-control Capitalism.
Thank God.
Look where all this selfish, unregulated banking, for instance, has gotten us--all of us, worldwide. Collapsing banks. Failing insurance companies. Collapsing stock markets.
Maybe doing it all "above board" makes far more sense after all. This way the wealthy can, sure, still make money but just not fleece so many others who may or may not have that much money, all so they can be more obscenely wealthy.
They're also saying that maybe it doesn't make so much sense to throw so many more trillions of dollars at these busineses, too.
Imagine that--Socialist countries saying that maybe it doesn't make sense to soak up tax money to big institutions.
It seems backward, doesn't it?
Usually it's the free market capitalists who are saying don't throw government money at problems.
Pass those French Fries, will you?
Link to story here:
http://news.yahoo.com/s/ap/20090402/ap_on_re_eu/g20_summit
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