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cspurrell 05/02/2009 12:19 AM Report
Christopher
Study your history. Territorially the Turks at one point controlled vast parts of Europe, and their presence is still felt today. just consider at the former Yugoslavia.
It is interesting that if one talks with people from arabic backgrounds, the same intolerance is felt towards the turks, who were an occupying power in the peninsula for many years.
We need to be more inclusive in these tines, and embrace our differences. I think this is one of the biggest challenges facing the countries of the EU, and I sincerely hope we embrace the turks.
Christopher 04/28/2009 05:38 PM Report
I do not understand why Turkey should be part of the EU. They are not European. They are Asian. There is no political/social connection. I think Turkey should be part of the US. Why doesn't the US offer them a "state" status? Because they're not American!
Sugarland 04/28/2009 03:49 PM Report
Question that could have been asked of Minister Lagarde:
She stated there is a real need for financial reform to proceed in tandem with financial stimulation and that US should take the leadership role. Of several items she wanted entrepreneurship to be rewarded as opposed to speculation.
What confidence does she have in the US economic team (Summers,Geithner etc) who's only performance so far is a Herculean effort to save the present financial system and later modify it with rules designed by those that got it in trouble to start with?
REMant 04/28/2009 01:14 PM Report
It does seem that Sarkozy has gone from cozying up to Bush to cozying up to Obama, and a further hint of hypocrisy is found, on the one hand, in holding that regulation should be a condition for govt spending and more productivity and less speculation needed, but, on the other, parroting Messrs Summers and Geithner and the central bankers regarding "multipliers," "stimulus," "systemic risk," etc. If financial regulation is indeed a prerequisite to recovery, then the minister, like Messrs Summers and Geithner, needs to eliminate this claptrap from her vocabulary. The world economy will turn around when sufficient deflation and/or sufficient saving have occurred. This can be only be retarded by Keynesianisms and monetarisms, which, themselves, appear to be nothing more than wild speculation. The Europeans may also want to ask themselves whether this policy is helping or hindering their exports. Overall, one is left with the impression that Sarkozy is spineless, and that LaGarde lacks competence.