The upcoming G20 meeting in Pittsburg will see the ever-arrogant Nic Sarkozy butt heads with Obama. Sarkozy has already made it clear he will walk out on the meeting if the members do not agree to control the paychecks of private industry. Sarkozy wants to start State control of pay with bank and investment corporations and thinks the State should set rates of pay. Once he can get the US to agree to the principle of government controlling earnings he would be one step closer to his one world order.
Obama may agree but must maintain some sort of image that government does not own and control private industry even after buying most bank, investment houses and large scale industrial machine manufacturers like GM (Government Motors now). Americans still would take grave umbrage if it understood Sarkozy’s goal. A government that owns the means to production also setting the price of servitude would grate heavily on most Americans.