While Google's executives initially offered a frosty response in public to the European Commission's position on its anticompetitive behavior, in private they must be celebrating up and down Google headquarters.
The American Robin Hoods are seeking economic justice. They want Congress to resurrect the financial transactions tax. Britain, home of Robin Hood, already charges a form of it. Ten European Union countries plan to institute it. America needs it.
It's important to remember that the financial industry is not monolithic. I was reminded of this over the past couple weeks as I worked to persuade financial professionals to come out in support of small taxes on trades of stocks, bonds, and derivatives.
Those seem like sound ideas to me, but they might be beyond the reach of the various governments in those countries where, much to the chagrin of the European Central Bank, citizens do still have the right to vote.
Since Europe has by far the largest banking system in the world, the eurozone crisis is also a significant drag on growth and employment throughout most of the world, and could easily do more damage if it is not resolved.
As it turns out, learning languages is easier -- and more pleasurable -- for some folks than for others. In fact, there is a group of individuals who find the process so enjoyable that they take it to another level entirely. They're known as hyperpolyglots.