“We want to put down the foundations of a capitalism of the entrepreneur and not of the speculator. We want transparency. We want moralization. We want the creation of value. We want people to have confidence.”
– French President Nicholas Sarkozy on a European response to loss of confidence in the banking and financial systems
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Not stated by the French President: a central world banking authority can bring this about.
we want that too, howcome we can’t get it?
Why should we believe Sarkozy?
More snake oil sales pitch?
I agree we want all the things he mentions but is he perhaps just saying what he thinks we want to hear? Politician first and foremost, probably.