Nicolas Sarkozy, dubbed "The American" by his critics, has been elected the President of France. France will send an Olympic team to Beijing and there will be no French Olympic boycott as meekly suggested by his opponent Segolene Royal.
I suppose calling a presidential candidate in France an "American" is a slur. I never got European insults. When they would call Ronald Reagan a "cowboy"; I am sure many people in this country took it as a sublime compliment.