Nice. The New Normal.

A radicalized Islamist plowed through throngs of people in Nice, France yesterday. It was National Day, somewhat akin to our Fourth of July and Boston Tea Party wrapped up in one with fire works and one of the largest military parades in Europe. It is a day set aside to commemorate several pivotal 18th century events …

Clients and the Bash America Defense

If you’re a lawyer, and even if you’re in some other profession, at some point or another in your career, clients will push back on what appear to be very sensible recommendations. Just this week a colleague called me to discuss such a scenario. It involved a young European company with a business development person …

BNP Paribas Needs New Leadership, Vision … and a Few ‘Boy Scouts’

Access to the U.S. financial system is a privilege, not a right. France’s BNP Paribas, as well as French government officials, are learning that obvious lesson the hard way. It will be a costly process. In fines alone, the European banking giant faces at least $8 billion or more in fines for helping countries such as …

Vive les Verts, Éteignez les lumières

Paris is starting to ration electricity. This is what they do in Communist Cuba to “conserve” electricity. French officials say they will be helping reduce the country’s carbon footprint. It is a colossal embarrassment and great example why governments will always be poor administrators. But, they are bragging. It is good to do says Environment Minister, …

François Hollande tir à l’arc

If you ever want to learn how not to do something, these days, look no further than the French. The French President knows just about as much about archery as he does about free market economics. Grip, wrong. Arrow placement, very wrong. France’s government share of GDP is close to sixty percent.  Rather than cut …

Around Town …

A May 31, 2010 United Nations IAEA report may bolster case for advocates of a new round of Iran sanctions.  The findings state that Iran has enough fuel for two nuclear weapons.  The question for those of us who follow these issues in D.C. remains: will the Obama Administration focus on the UN track or …

Russians Invade a Country, Get Access to Advanced Western Technology

The French government confirmed yesterday that it would proceed with the proposed sale of a Mistral-class amphibious assault ship to Russia.  The announcement was made during a visit by U.S. Defense Secretary Bill Gates.  Nothing like French hospitality to set the tone for an official visit with an ally. This deal has been in the …