EU heads back financial clampdown

It seems as though President Obama has already influenced the global economy. With news that European Union is now going to regulate financial markets, it appears as though President Obama's plan is serving as a guide for Europe. Executive pay limits and aid to banks and car companies seem to be in line for many of the EU's countries. I find it interesting how quickly the President's agenda is being followed by other countries since we are not exactly sure how our plan will actually turn out. I guess FDR's point that action needs to be taken is becoming a lesson for the world.