He's just said that when Sarkozy made this speech, people were interested by his new ideas but claimed that this was a non starter. And that they (and in that they he specifically mentioned the FMI president Dominique Strauss Kahn) are now coming to his position.
[Cyrille's Jawdrop™ Technology]
FMI had been saying that months before the French Government would admit that there was a crisis. Back then, Sarko was vehemently complaining that FMI was completely silly in its predictions because it was talking about a slowdown in France, and was going to the UK to worship -litterally worship- their model. We were all to emulate the brilliancy of the City.
Now Luc Chatel is explaining that Sarko was a precursor, speaking in the desert for increasing regulation, dismissing the cult of money and kickstarting a major reaction plan.
As usual, the journalist pretty much let that pass (his only objection was that despite the Toulon speech the stock exchange had stayed very nervous). "The womb that spawned that thing is fertile yet"
But ARE there still diehard supporters? Yes. The true authoritarian would buy the package if Sarko the Magnificent was caught buggering boy scouts in the Arc de Triumphe. "There is mysterious music in democracy, when people decide to believe in themselves." ---Bill Greider, The Nation.
That smacks of desperation big time. They might as well put a headline saying "all is well, and anyway it's not Sarkozy's fault"!! In the long run, we're all dead. John Maynard Keynes
100-79=21 In the long run, we're all dead. John Maynard Keynes
The remaining 10% don't know/didn't answer? A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
What percent of depositors is needed to start a bank run?
Stupid and dangerous headline. When locusts move on, they leave nothing behind
