October 24, 2007 (LPAC)--The assault on the science of physical economy, which American economist Lyndon LaRouche identified as represented by awarding the Nobel prize to the incompetent economic professorial trio of Hurwicz, Maskin and Myerson, in his Oct. 26 Executive Intelligence Review article, "The Price is Never Right," continues.

The latest offensive award is by French President Nicholas Sarkozy, who trashed France's highest honor, the Grand Cross of the Legion of Honor, by awarding it to financial speculator and Lazard Freres collaborator Antoine Bernheim.

Berheim, who championed the replacement of France's industrial CEOs from the post-war reconstruction period by a parasitical financier class ignorant of physical economy, buried the paradigm of high-technology industry as economics while working at the Lazard Freres investment firm, made infamous by its pro-Nazi partner, Andre Meyer.

Bernheim is currently the three-term president of the Venetian speculative colossus, Assicurazioni Generali of Venice and Trieste. This is the first time France's Legion of Honor (only awarded to 75 people) has ever been given to someone whose activity was mere money-making. Bernheim developed his "companies, his profits, and thus has served France," Sarkozy gushed, adding that he did this in "a country which must settle accounts with the question of money, in order to finally settle accounts with the issue of success."