Thank you France!!!

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France has elected a socialist president. As a conservative you might wonder why this makes me happy. To put it plainly, we get to watch. So this should be fun. President elect Hollande believes that he can solve France's severe economic problems by massive tax increases, increased government spending and disregard for debt. Other than the immorality of borrowing money with no intention of paying it back, this is a tremendous opportunity for us. We can sit back and watch socialist policies in action and see what happens. Good luck Frenchie, this may get very, very ugly.

rigel1's picture
rigel1
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Jan. 31, 2011 6:49 am

Comments

Don't forget raising the retirement age.

WorkerBee's picture
WorkerBee
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Apr. 28, 2012 11:22 am

Bad time to be in the car insurance business in France. Good time to invest in Glass

Capital's picture
Capital
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Sep. 30, 2011 2:51 pm
Quote rigel1:

France has elected a socialist president. As a conservative you might wonder why this makes me happy. To put it plainly, we get to watch. So this should be fun. President elect Hollande believes that he can solve France's severe economic problems by massive tax increases, increased government spending and disregard for debt. Other than the immorality of borrowing money with no intention of paying it back, this is a tremendous opportunity for us. We can sit back and watch socialist policies in action and see what happens. Good luck Frenchie, this may get very, very ugly.

Hi rigel1,

Would you change your mind about socialists if France begins to show signs of overcoming their difficulties?

bamboo's picture
bamboo
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Jul. 31, 2007 3:01 pm
Would you change your mind about socialists if France begins to show signs of overcoming their difficulties?
Of course not. I wouldn't expect it. Imagine the headscratching. "WTF . . . How did that happen?"

Art's picture
Art
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Jul. 31, 2007 3:01 pm

Meet the New Boss: French President is Another Bilderberg Stooge

Francois Hollande is a committed globalist

Paul Joseph Watson
Prison Planet.com
Monday, May 7, 2012

The mass media is promulgating the notion that the election of Socialist French President Francois Hollande represents some kind of massive sea change and is a direct challenge to the European Union, and yet Hollande’s past and the people he surrounds himself with confirms the fact that he is merely another committed globalist and an enthusiastic supporter of the dictatorial EU’s sovereignty-stripping ethos.

“In the whole of Europe it’s time for change,” Hollande told cheering crowds who gathered to hear his victory speech in Paris early Monday,” reports the L.A. Times.

“Observers agree that Mr Hollande’s election represents a sea-change in the governance of the eurozone and the management of the single currency crisis,” reports Sky News.

However, any suggestion that Hollande’s defeat of Nicolas Sarkozy represents some kind of major challenge to the European Union and its efforts, in close coordination with the IMF and Goldman Sachs, to exploit the debt crisis for its own political ends, is clearly wide of the mark.

Hollande is merely another creature of the establishment and an enthusiastic pro-European superstate globalist. He supported the 1992 Maastricht Treaty, the document which outlined the introduction of the euro single currency and was itself based on a 1955 Bilderberg blueprint. Hollande also supported the European Constitution in a 2005 referendum despite most of his socialist allies voting against it.

Hollande is the former spokesman for ex-French President Lionel Jospin, another committed globalist who attended the Bilderberg Group meeting in 1996.

He is also a former aide to the last Socialist President in France, Francois Mitterand, a 33rd degree Freemason who commissioned the pyramid at the Louvre to be made out of 666 glass panels – another down to earth “man of the people”. Alongside German Chancellor and Bohemian Grove attendee Helmut Kohl, Mitterand fathered the Maastricht Treaty. According to Bilderberg sleuth Daniel Estulin, Bilderberg were largely responsible for Mitterand’s presidential victory in in 1981.

  • A d v e r t i s e m e n t
  • //

Hollande’s “special adviser” is none other than Manuel Valls, a former Freemason and 2008 Bilderberg attendee who openly supports the establishment of a European federal superstate at the expense of national sovereignty. Valls has publicly called for the European Commission to control national budgets of EU member nations.

When confronted about his Bilderberg connection by We Are Change Paris, Valls attempted to deflect the question by accusing the videographers of denying the Holocaust.

Despite all the media bluster about a “sea change” in France and Hollande representing a threat to the European Union’s political agenda, expect him to be yet another dutiful water carrier for the elite as he taxes the middle class out of existence while continuing to sacrifice French national sovereignty on the altar of the EU superstate.

With Nicolas Sarkozy beginning to prove himself an irritant to the political class in Brussels and moving to amend the terms of the globalists’ cherished Maastricht Treaty, Hollande is being sold by the establishment as a breath of fresh air yet will almost undoubtedly prove to harbor to same stench of anti-democratic authoritarianism that pervades the entire European Union.

http://www.prisonplanet.com/meet-the-new-boss-french-president-is-another-bilderberg-stooge.html

antikakistocrat's picture
antikakistocrat
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Apr. 18, 2012 2:41 pm
Quote bamboo:Hi rigel1,

Would you change your mind about socialists if France begins to show signs of overcoming their difficulties?

That is the confounding thing about economics, you can always find something to support your view.

WorkerBee's picture
WorkerBee
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Apr. 28, 2012 11:22 am
Quote WorkerBee:
Quote bamboo:Hi rigel1,

Would you change your mind about socialists if France begins to show signs of overcoming their difficulties?

That is the confounding thing about economics, you can always find something to support your view.

Those pesky facts.
Could someone grab today's Krugman piece on the failure of austerity.

Phaedrus76's picture
Phaedrus76
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Sep. 14, 2010 7:21 pm

krugman-those-revolting-europeans this one?

douglaslee's picture
douglaslee
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Jul. 31, 2007 3:01 pm

krugman-death-of-a-fairy-tale. But wihen the fairy tale dies what will republicans believe in?

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douglaslee
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Jul. 31, 2007 3:01 pm

Yes

Phaedrus76's picture
Phaedrus76
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Sep. 14, 2010 7:21 pm

Now, claims that only austerity can pacify bond markets have proved every bit as wrong as claims that the confidence fairy will bring prosperity. Almost three years have passed since The Wall Street Journal breathlessly warned that the attack of the bond vigilantes on U.S. debt had begun; not only have borrowing costs remained low, they’ve actually fallen by half. Japan has faced dire warnings about its debt for more than a decade; as of this week, it could borrow long term at an interest rate of less than 1 percent.

And serious analysts now argue that fiscal austerity in a depressed economy is probably self-defeating: by shrinking the economy and hurting long-term revenue, austerity probably makes the debt outlook worse rather than better.

I'll bet there are some Japanese fairy-tale believers harping on about "woe is the debt for our kids at 1% interest, we must not borrow at 1% for our kids". Eisenhower built the interstate highway system and Kennedy and Johnson finished it at around 3% I think. My folks got a 30 year fixed GI loan 8% in 1960. I had a college loan at 1.5% and I took 10 years to pay it back. It didn't hurt at all.

1960,2.93 1961,2.38 1962,2.78 1963,3.16 1964,3.56 1965,3.95 1966,4.88 1967,4.32 1968,5.34 1969,6.68 1970,6.43 1971,4.35 1972,4.07 1973,7.04 1974,7.89 1975,5.84 1976,4.99 1977,5.27 1978,7.22 1979,10.05 1980,11.51 1981,14.03 1982,10.69 1983,8.63 1984,9.53 1985,7.47 1986,5.98 1987,5.82 1988,6.69 1989,8.12 1990,7.51 1991,5.42 1992,3.45 1993,3.02 1994,4.29
That's the bank prime rates, annual. Reagan paid really high interest rates. I guess republicans are allowed to borrow at high rates, but Democrats are not allowed to borrow at low rates. The rates started to go down after GHWB started paying the debt off, something the republicans only want Democrats to do. If a republican tries to pay the debt down they vote him out.

douglaslee's picture
douglaslee
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Jul. 31, 2007 3:01 pm
Quote bamboo:
Quote rigel1:

France has elected a socialist president. As a conservative you might wonder why this makes me happy. To put it plainly, we get to watch. So this should be fun. President elect Hollande believes that he can solve France's severe economic problems by massive tax increases, increased government spending and disregard for debt. Other than the immorality of borrowing money with no intention of paying it back, this is a tremendous opportunity for us. We can sit back and watch socialist policies in action and see what happens. Good luck Frenchie, this may get very, very ugly.

Hi rigel1,

Would you change your mind about socialists if France begins to show signs of overcoming their difficulties?

No. Though I admit it could happen. Things could get better economically in France under socialism. But there is more to life than money. Freedom is important to me. I would prefer to a have a government that is accountable to the people rather than the people being accountable to the government. Nanny state, no thanks. Things in France probably will eventually get better. The economy is dynamic. It cycles. Government interference may slow it down. I do wish them the best. I hope it works out.

rigel1's picture
rigel1
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Jan. 31, 2011 6:49 am

The Netherlands will force the EU to either devalue the Euro, or they will break up. With Merkozy finished, the first option may work. Either way, with the conservatives losing control and forcing austerity on the PIGS coming off the table, the PIGS can rebound.

Phaedrus76's picture
Phaedrus76
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Sep. 14, 2010 7:21 pm

QUOTE:

I went to Lille in northern France a few days before the first round of the French presidential election to attend a rally held by the socialist candidate Francois Hollande. It was a depressing experience. Thunderous music pulsated through the ugly and poorly heated Zenith convention hall a few blocks from the city center. The rhetoric was as empty and cliché-driven as an American campaign event. Words like “destiny,” “progress” and “change” were thrown about by Hollande,

Politicians such as Obama—and, I fear, Hollande—who carry out corporate agendas while speaking in the language of populism become enemies of liberal democracies. Labor unions, environmentalists, anti-war activists and civil libertarians, blinded by the images and lies disseminated by public relations offices, stop watching what these politicians do. They mute their criticism to give these politicians, whose rhetoric is rarely matched by reality, a chance.

A breakdown of liberal democracy, which seems to be where we are headed, may not bring with it a salutary change. The most retrograde forces within the corporate state, such as the Koch brothers, will lavish racists, homophobes, demagogues, birthers, creationists and gun-carrying, flag-waving idiots with money once the political center crumbles. The left in Europe, and most certainly in the United States, could prove to be too weak to battle against figures like Le Pen or those in the U.S. who rally around the perverted ideologies of the Christian right and the tea party and who receive tens of millions of dollars in corporate backing. The left, in short, may find that it has done too little too late to be an effective counterweight. And widespread discontent could very easily be manipulated by the corporate elites to ensure our enslavement. I watched this happen in the former Yugoslavia. This is the real battle before us. And it has nothing to do with the election charade between Obama and Romney and, I expect, Hollande and Sarkozy. - Chris Hedges

http://www.truthdig.com/report/page2/the_globalization_of_hollow_politics_20120423/

France, too, has its Tweedle Dee and Tweedle Dum.

Retired Monk - "Ideology is a disease"

polycarp2
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Jul. 31, 2007 3:01 pm

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The other way we're subsidizing Walmart...

Most of us know how taxpayers subsidize Walmart's low wages with billions of dollars in Medicaid, food stamps, and other financial assistance for workers. But, did you know that we're also subsidizing the retail giant by paying the cost of their environmental destruction.

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