Hollande is right. As America faces fateful jobs reports this week, the great debate in Europe and America will be joined in full. Hollande, to his great credit, believes in bringing a version of Glass-Steagall to France. Dare I suggest a de facto alliance between the French socialist and the American libertarian Ron Paul? Will Paul use his committee to investigate banks that may be fixing interest rates? Probably not. Will Paul join Hollande for their joint belief in Glass-Steagall reform of banks? Perhaps he will.
Will the Tea Party, the great populist impostors, join in? No way. They are agents of the banks. As populists, they are frauds.
If a bad jobs report arrives, the "hope America fails" Republicans rejoice. Hollande will continue his enlightened battle for change and reform. President Obama will have his second great chance to fight for the principles he championed in 2008.
Read more: French President Hollande moves Europe forward while Euro-bank scandal escalates - The Hill's Pundits Blog
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