November, 2007

Nov. 6 saw the conformation of a quiet political revolution taking place in France. Newly elected French President Nicolas Sarkozy joined President and First Lady Bush for dinner at the White House to start a two-day conference on American-French relations and international policy. Sarkozy, touted as the anti-Chirac, has been a voice of support for the United States in Paris and has set actions in motion which will change the current face of French diplomacy.

President Sarkozy, 52, has wasted no time in his transition from politician to Head of State. The recent talks at Mount Vernon and his address of Congress are testament to the radical reversal of France’s foreign policy. Sarkozy has, in many ways, stepped into former British Prime Minister Tony Blair’s vacant position as the European voice of American policy. He laments the stereotypical impression of anti-Americanism given by a minority of Parisian elite. He openly supports sanctions in Iran and was a known voice of dissent when Jacque Chirac opposed the U.S. occupation of Iraq, and he wants to bring France back into the folds of NATO.

The numbers on Wall Street and on the lips of the Treasury Department stir a note of panic on the ear of the average consumer: the U.S. Dollar has lost nearly 23 percent of its value against the global money market since February 2002. In every sector of the market, prices are rising, from oil (nearly $100/barrel) to foreign fruit.

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