Angela Merkel and Nicolas Sarkozy seem to be dead-set on getting their way at the G20 summit in London. Gordon Brown, the British Prime Minister, and President Obama have sort of joined forces to push their agenda for economic recovery, which includes more bailouts. Merkel, the German Chancellor, has said multiple times that she wants nothing to do with bailouts on a global scale. The French President, Nicolas Sarkozy, has also echoed those sentiments.
This is an impasse of sorts. Both Germany and France have experienced government intervention in the free market and have first hand knowledge of the effects of economic socialism, yet both Brown and Obama are not taking notice. Merkel seems to be jumping up and down and waving her arms at a person across the room while the person just stares past her. Her qualm is not with doing more socially, it is with taking money from healthy companies and markets and injecting it into dying companies. It is a form of evolutionary ethics and no one is taking notice.
Europe also has its own best interest at heart. If the Obama plans for more government healthcare and less military bases abroad actually come to fruition, the European way of life takes on a completely different form. For years Europe has been dependent on U.S. bases abroad to subsidize their domestic policies, if the money was to significantly reduce or dry up, the governments would be forced to make cuts and in some places completely remove programs that people rely on. This is not a cut and dry issue by any means, but Merkel and Sarkozy are trying to make it obvious that the path Obama is proposing is not the correct one. What Obama decides to agree on puts in motion what happens next here in the U.S.