My Errant Mind

President Sarkozy told his people that it is time for them to face the fact that they must accept globalization. However, they should embrace it in ways that will keep French interests at the fore.

Among the changes he would like to see is the merging of utilities into companies in which the major stakeholder will be the state. He also suggested higher taxes on jobs that could be moved overseas.

I’m not sure what to make of it all. On the one hand, it sounds like Hugo Chavez moved to Paris and took charge. On the the other, it sounds like the kind of “put the interests of OUR citizens first” attitude that we could use a dose of in America.

Still, legislators in France just recently voted to limit the maximum tax burden to 50% of one’s personal income? Americans would be engaged in civil war with that kind of taxation.

If nothing else, France will be interesting to watch for the next few years. More socialism, more capitalism, more immigration and riots…and a President who is the son of immigrants. Definitely interesting.