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Barack Obama  |
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Rob Kailey is a working schmuck with no ties or affiliations to any governmental or political organizations, save those of sympathy.
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Sun Nov 16, 2008 at 19:23:57 PM MST
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| Remember when Nicholas Sarkozy was elected the president of France? You remember the giddy reaction from conservatives struggling with their own popularity at home: Sarkozy's election showed how popular the Bush administration was abroad, and the signal of a world-wide resurgance of free-market capitalism.
Sarkozy, now:
Speaking to an audience of some 4,000 supporters in Toulon, France, Mr Sarkozy said the financial turmoil had highlighted the need to re-invent capitalism with a strong dose of morality, as well as to put in place a better regulatory system.
"The idea of the all-powerful market that must not be constrained by any rules, by any political intervention, was mad. The idea that markets were always right was mad," Mr Sarkozy said.
"The present crisis must incite us to refound capitalism on the basis of ethics and work & Self-regulation as a way of solving all problems is finished. Laissez-faire is finished. The all-powerful market that always knows best is finished," he added.
It's a good reminder that the "conservatives" of Europe are well to the left of the US left. Which makes the accusations of Obama as "socialist" all the more ridiculous. |
| Jay Stevens :: "The idea that markets were always right was mad." |
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