France elects first socialist president in 2 decades

[Odysseus]

Are there any Jews in Greece? They better get the hell outta there.

First, the Muslim Brotherhood. Now, the Neo-Nazis. Jews in Greece have to be thinking "WTF, are you shitting me".

There are not too many Jews in Greece. The Nazis had several years in which to deport Jews from Greece when they occupied the country.

Germany will finally conquer Europe. Without firing a shot this time.

And while Germany conquers Europe, Islam will conquer Germany from within. The irony abounds.

[JB]

And while Germany conquers Europe, Islam will conquer Germany from within. The irony abounds.

Islam is taking hold in Germany? Despite their attempted bravado France is not long for this world, Spain isn't too far behind and Britain will go kicking and screaming, just didn't think Germany was giving in so easily.

Give 'em hell Poland.

[Arroyo_Doble]

Germany will finally conquer Europe. Without firing a shot this time.

They already did. Now they are just irritated that they have to pay for it.

[Apocalypse]

Can any one say Irony?

Via Beltway Confidential:

President Obama’s spokesman warned the new socialist president-elect of France not to implement his campaign agenda of ending austerity measures, indicating that such a reversal could damage the world economy.


“A balanced approach . . . Both fiscal consolidation and efforts to boost the recovery is the right approach for Europe,” White House Press Secretary Jay Carney told reporters today. “That’s an approach that he thinks ensures that the recovery continues while putting our fiscal house in order.”

[Gina]

Can any one say Irony?

Via Beltway Confidential:

President Obama’s spokesman warned the new socialist president-elect of France not to implement his campaign agenda of ending austerity measures, indicating that such a reversal could damage the world economy.


“A balanced approach . . . Both fiscal consolidation and efforts to boost the recovery is the right approach for Europe,” White House Press Secretary Jay Carney told reporters today. “That’s an approach that he thinks ensures that the recovery continues while putting our fiscal house in order.”

That's really sickening.

[Odysseus]

They already did. Now they are just irritated that they have to pay for it.

No, they're already paying for it. Now they want an accounting and some reductions in spending.

The Euro never made sense. The various European economies are incompatible with each other, and without a single, central budget authority, this was bound to happen sooner or later. The issue for the US is whether NATO will continue with the various member states at each other's throats over economic issues.

The Greek elections have resulted in another stalemate, with no one able to form a government (and the Neo-Nazi party taking 7% of the vote, which means that they will have seats in parliament for the first time ever). France's vote is basically a temper tantrum over having to pay bills that they never thought would come due, and is also a slap at Brussels, which needs the larger economies to cover the failures of the smaller ones. The real question is whether Germany will remain part of this fiasco, now that France has abrogated its role as one of the two adults in the room.

[DumbAss Tanker]

Holy Shit.

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

Or to quote a friend of mine, on a TDY trip to Germany years ago: "Museum? What do I wanna go to that for, we got museums in Brooklyn."

Based on what Hollande is promising, this can't possibly end well for France or the Euro. In a painful way even for them, it does advance Germany's ambition to be the dominant Central European power. Effects on us are pretty unpredictable, but certain to strengthen the dollar in the short and mid-term which is good for some of us and bad for others.

[Tipsycatlover]

France has almost no choice but to fall to islam. All of Europe will be at war within a short time. France will refuse to cut their bloated government and demand that Germany continue its support. Germany will refuse.

[Apocalypse]

The real question is whether Germany will remain part of this fiasco, now that France has abrogated its role as one of the two adults in the room.

I highly doubt they will. Germany is now starting to feel the recession them selves. On top of that, many Germans don't feel its their responsibility to bail out all of Europe. A Germans first mentality. Which I can't blame them. If France backs out and dumps this all in Germany's lap. Germany will have no choice but to walk away. They can't float all of Europe, and wont if the others refuse to do what they need to in order to get solvent.

[fettpett]

No, they're already paying for it. Now they want an accounting and some reductions in spending.

The Euro never made sense. The various European economies are incompatible with each other, and without a single, central budget authority, this was bound to happen sooner or later. The issue for the US is whether NATO will continue with the various member states at each other's throats over economic issues.

agreed. I've read articles about how various countries such as Germany had started getting fed up about all the new workers from other countries coming in pulling down wages for the citizens as they had to let them in due to the treaties.