Tuesday 10 January 2012

Yet another French/German summit gone by

http://www.facebook.com/l.php?u=http%3A%2F%2Fwww.spiegel.de%2Finternational%2Feurope%2F0%2C1518%2C808039%2C00.html&h=vAQEvozsnAQEYqL-wtxrxtCMKLzliDr0HRA7afvethoRPvg
"Angela Merkel and Nicolas Sarkozy have once again shown a common front in the euro crisis, insisting that the euro zone is well on track to agreeing on binding debt rules, and papering over differences on the financial transaction tax..."

Which provoked my reaction:
Chelsea Dagger ‎"on track"??? Sarky & Murky manage to perpetuate unproductive and redundant summits in a desperate, but ultimately feeble attempt to gain time. They lambast the rating agencies, yet quote verbatim the demands of these independent judges of economic mayhem how to resolve the crisis. Ignorance is bliss, and the head-in-the-sand posturing of the Little Man in Paris has become the source of penultimate entertainment. What's next? How about a tax that will further diminish economic activity in the eurozone and shift capital and jobs towards other, more liberated centers.

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