Real News of the Day: Sarkozy threatens to walk out of G20 Summit

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President Nicolas Sarkozy of France threatened to “leave an empty seat” at the G20 Summit if acceptable regulations of the United States financial market were not furnished by President Barack Obama.   French Minister of Finance Christine Lagarde said, “President Sarkozy was very clear on that front, he said if the deliverables are not there, I won’t sign the communique.  It means walking away. I think he’s very determined.”

Sarkozy has a hot wife.

Sarkozy has a hot wife.

This may be that test that Joe Biden referred to before the November election.  Sarkozy is apparently unsatisfied with the way blame has been assessed in the global economic crisis.  He believes that the United States should accept the lion’s share of the blame.

Additionally, Sarkozy demands that the United States impose stricter regulations on its financial markets.  This will include everything from banks to hedge funds.   According to Lagarde, the United States and the United Kingdom want to opt for stimulus packages rather than international regulatory agencies.  The French government, in particular, wants to examine offshore tax havens and the effects they are having on the global economy.

Paul Krugman can only do so much with his lambasting of current fiscal policy.  At the end of the day, he is just a man with a bit of a higher soapbox than the rest of us.  No real power.  But it’s reassuring to see someone like Sarkozy, who does have international respect and power, demand that the United States stop its stupid financial games.  Then again, this reeks of political grandstanding.  It reminds me of officials that demanded that human rights laws be added to NAFTA but then didn’t impose any repercussions for violating them.

We’ll find out soon enough.

RWP Rating: Strange

Full Story: Telegraph

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One Response to “Real News of the Day: Sarkozy threatens to walk out of G20 Summit”

  1. loveandlightgodbless Says:

    G20 Summit in London;Prayers & Good Wishes, 2 April 2009; God Bless

    Prayers are amazing. This precious gift is always with us

    Let us all pray for the G20 Summit in London where the Leaders of the World accompanied along with Strategic Decision Makers meet

    That they form a coalition; a mutual understanding based upon a Vision for the Global Economy

    A Vision that is based upon Values Based Principles and grows from strength to strength to overcome the challenges being faced globally with Wisdom

    Seek the grace of God to fill the Universe with a Vision of Happiness & Wisdom always
    When the World prays together; the wishes seek to manifest

    When the World is Happy, we are all Happy. In one another’s Happiness is our true Happiness; Development; Prosperity & Progress

    Let us gratefully acknowledge; appreciate and express our sincere thanks to God for everything always;

    Protocol; Etiquette, Be Appreciative; Be Grateful; Be Meaningful; Be Purposeful; Be Respectful and Be Responsible always Please

    Express thanks to God time and again always, For the Health and Wellness,
    For the Wonderful Families; Friends, For the Inspiration & Wisdom, For Fulfilling our Needs, For Showing us the way, For the Courage, For the Natural Resources,
    For always being near us, For the lamp of peace; love; faith and hope that glows in all our hearts, For God’s graceful and loving presence, For God’s Blessings,
    For Guidance through the challenges, For the Trust in us, For knowing what is best for us always, For permitting the Love and Light of God to shine through our lives

    Prayer; May One and All be Appreciative; Grateful and Thankful

    Happiness

    May Happiness be showered on One and All; May One and All be Healthy;

    May One and All be Loved & Respected; May One and All have Well-being

    May One and All realize that their Happiness is linked to others Happiness;

    May One and All recognize that when the World is Happy, they are Happier;

    May One and All discover the true meaning of Life is that Life is Precious

    May One and All be Resourceful & Talented; May One and All Achieve and Excel;

    May One and All be Considerate; Creative; Meaningful; Purposeful and Responsible;

    May One and All Love Nature; The Environment & Humanity;

    May One and All Respect One Another; May One and All Inspire One Another;

    May One and All realize that they each have a very meaningful and special purpose in Life;

    May One and All believe that they are the precious Gems of this Universe;

    May One and All realize that Life is Beautiful; Precious, Meaningful and Purposeful;

    May One and All be a Symbol of God’s Loving Love and Light; Radiating Joy for others;

    May One and All be Blessed with Happiness, Prosperity; Progress& Wisdom always

    Thank you for your prayers for the World; they are immensely appreciated and reciprocated with utmost appreciation and gratitude

    Trust in God and Faith in Ourselves, May God Bless You and Your Families with a Vision of Happiness and Wisdom always

    When the World is Happy, We are all Happy; In one another’s Happiness is our true Prosperity, Development and Greatest Happiness

    May Universal Appreciation; Happiness; Consideration; Compassion; Respect; Peace; Love; Cooperation; Inspiration; Gratitude; Economic Development, Stability; Prosperity, Progress & Wisdom prevail always

    Love & Light;

    God Bless,

    Vashi

    ©2009 Vashi Ram Chandi

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