Recession Ends... in France and Germany

It won't really affect the day-to-day lives of people yet, but it may begin the important psychological changes needed to lift the world economy. Germany and France have reported their first quarter of growth which technically ends the Recession in those countries. Of course, there is no telling if this is a false start - the bump is credited to policies where the governments propped up auto makers and paid company to keep workers on at reduced hours which are due to expire. But so much of the economy is mass psychology, that this may provide many positive changes going forward.

France Chooses Conservative for New President

French voters chose a conservative to be their president by a 53% to 47% margin Saturday. Nicolas Sarkozy is the new president. He had friendly words for America in his victory speech. He called Americans his "Friends" and said that France will stand with America when we need them. He did add the caveat that friends can disagree. It will be interesting to see if a new conservative leader in Europe can change attitudes and do some good.