From Davos, Common Sense

The annual gathering of the World Economic Forum in Davos, Switzerland (otherwise known as the Tom Friedman fan club) is reacting to the growing populism of Western leaders as they come out swinging against big business in general and big banking in particular. President Obama's populism is apparently matched by Sarkozy in France--both of whom have begun to raise the concern of world business leaders who feel such rhetoric to be antithetical to economic recovery.