If you're thinking, I don't need to read this, who cares, this don't mean anything to me..you're wrong.
Hollande, being a socialist has promised the sheep that he will take care of them. The only way to do that is, spend, Baby, spend. The issue with the fools who elected him is, he's going to raise their taxes in order to support the free-loaders who aren't on the country's list of folks who contribute. The end result should be obvious. After all, we're staring it in the face here. Another four years of bH
o, and we won't be concerned the rest of the world. We'll be spending our days on the nations street corners with a cardboard sign, and our hands out because the feds have nothing else to give.
BTW, it isn't mentioned in this story, but it appears Britain is going in the same direction. Socialism wins in the next election.
The Euro, in short time, collapses, and along with it, the rest of the world. I'm sure that isn't a problem though. What's the loss of a few million 401k accounts mean anyway?
Doing what needs to be done to save France and the rest of europe is now old school.
There was a movie a while back, where a guy was in a plane sitting on the back of an atomic bomb as it was being dropped.
Well, climb aboard for the ride of your life. There's plenty of room. We might as well get it over with.
French President Nicolas Sarkozy lost his bid for a second term Sunday to Socialist candidate Francois Hollande, in a vote that could have reverberations across Europe and around the world – and especially in Washington.
The decision marks a sharp turn away from the budget-cutting policies trumpeted by Sarkozy and other European leaders who tried to respond to the financial crisis by tightening their belts.
By contrast, Hollande has called for more spending, financed by more taxes. His election means a Socialist is taking power in Paris for the first time since Socialist Francois Mitterrand was president from 1981 to 1995.
In Washington, the White House has not yet put out a statement on the results. President Obama worked closely with Sarkozy last year on the military intervention in Libya, and will get his first up-close glimpse of Hollande’s foreign policy stance at the looming NATO summit in Chicago later this month.
Hollande said European partners should be relieved and not frightened by his presidency. ( what can go wrong, huh? )
"I am proud to have been capable of giving people hope again," Hollande told huge crowds of supporters in his electoral fiefdom of Tulle in central France. "We will succeed!"
He also declared in his victory speech that: "Austerity can no longer be inevitable!"