France elects first socialist president in 2 decades

[Wibbins]

http://news.nationalpost.com/2012/05...-results-2012/

Looks like France wants to show the world how bad socialism really is.

Hollande has said he will move quickly to implement his traditionally Socialist tax-and-spend program, which calls for boosting taxes on the rich, increasing state spending and hiring some 60,000 teachers.

Do not think for a second that "right wing" in Europe is the same as American Right Wing. In France, Sarkozy was going to raise taxes at the end of the year to encourage spending earlier, in America the RW would have cut taxes NOW and encouraged spending AFTER the cuts.


Remember, Fascism is considered right wing in Europe, being right of extreme left [see: commies, socialists etc.] IS STILL LEFT OF CENTER. Nazi party was the Nationalsozialismus or national socialism


I really hope that this Hollande guy completely destroys his country, but of course with the media sucking the leftists off they will spin it as "LOOK, LOOK FRANCE HAS RECOVERED FASTER SOCIALISM WORKS" completely ignoring the fact that the citizens are being taxed for everything they make and are dependent on the government for food.

[AmPat]

I´m reminded of a famous American philosopher;

¨Stupid is as stupid does.¨

[Novaheart]

The only important question is whether France will secure its border and population and deport Islam, or if France will fall from within.

[Odysseus]

This pretty much destroys the Euro. France and Germany were the only things keeping the Euro stable. France's debt is already over 80% of GDP, which doesn't give the Socialists much room to maneuver before they end up overwhelming their economy. To put it another way, who will bail out Greece, Italy, Ireland, Portugal and Spain when France's economy goes into recession and collapse?

I suppose that the voters of France took some guidance from the voters of California, who also voted to run full speed into the iceberg.

[JB]

Bye France.

I hope your wine industry can survive though.

[Rockntractor]

Bye France.

I hope your wine industry can survive though.

Not if the Muzzies take them over.

[Apocalypse]

Bye France.

I hope your wine industry can survive though.

I doubt it.

Lets look at what Hollande is promising.

A 75-percent income tax on the rich. I'm willing to bet the owners of those industries are considered "Rich". You will see a fleeing of the wealthy from France. And with them, the jobs they created. So it breaks down to a 75% tax on any one making 1m euros ($1.3m) and up. Then a new 45% tax band on people with annual incomes above 150,000 euros ($200k).

Gay marriage/adoption. In France I doubt this will be noticed.

Lowering retirement age. This is in part of what got Greece into their mess. His plan is this. Work 41 years, and you can retire with full Gov. Bens. So some one starting work at say 18 could retire at the age of 61. Keep in mind, life span in France is roughly 80.

Contrat de génération This one is kinda interesting yet insane for his tax plan. How it works is if a company has an older worker. And they hire a younger one, under 20. That company under Contrat de génération then can opt for a few years of payingno taxes. The thought it the older worker will pass his knowledge onto the younger thus he's in a form of "Apprenticeship". Who wants to bet the majority of Francies industries will be paying zero taxes with this.

Renegotiate European treaty Basically, throw it out and spend baby spend. The current treaty prevents France from acquiring new debt, that they must get their spending back in line. Getting rid of it will allow Hollande to do as Obama does. Spend France into a deep hole to get out of Debt.

Vote for non-citizens Illegals power to vote in local elections only.

Implement a financial transactions tax. Basically. Go to your bank, write a check, make a withdraw - any thing. And be taxed for it. And best part. All taxes from it will go to "developing countries". France will see none of it.

Ban stock options and management bonuses. If your a CEO or employee of a corp. that offers stock options or bonuses as part of working for your workplace. Under Hollande's plan it is now illegal to offer these.

[SarasotaRepub]

Holy Shit.

Oh well, I never wanted to go there anyway. Too many old buildings...

[Rockntractor]

It should really be reworded to most socialist president in two decades.

[Articulate_Ape]

Old Europe is doomed.