French PM Sarkozy Defeated For An Uber Socialist....Oui! Oui!

[twyacht]

Ah the French......Fed up with not enough cradle to grave entitlements, 22 hour work weeks, and not enough full salary pensions, and 6 week "holidays",....just elected the second bonafide Socialist today... after Mitterand,...who almost bankrupted Le French 20 years ago...

 PM elect Hollande, has a simple strategy....Perhaps it sounds familiar to us here in the U.S.A. from our Liberal Party....

TAX AND SPEND!!!!! Especially those damn evil rich people....

A 75% INCOME TAX FOR MILLIONAIRES IN FRANCE.  1.31 Million Euro's or more,...(That should keep them in the country....)....

NOT....The rich are already planning to flee......(Note to Bloomberg)....

http://www.ft.com/cms/s/0/278412e6-9538-11e1-8faf-00144feab49a.html?ftcamp=published_links%2Frss%2Fworld_uk%2Ffeed%2F%2Fproduct#axzz1u87nwiza

snip

http://www.ft.com/cms/s/0/278412e6-9538-11e1-8faf-00144feab49a.html#ixzz1u87vSvdU

Wealthy French people are looking to London as a refuge from fresh taxes on high earners pledged by candidates in the country’s presidential elections.

The “soak the rich” rhetoric that has punctuated the presidential campaign has prompted a sharp rise in the numbers weighing a move across the Channel, according to London-based wealth managers, lawyers and property agents specialising in French clients.



Viva Le France!!!!!

Should work out well...

***

Socialism is a fantastic ideology, until you run out of others peoples money......
Lady Margaret Thatcher...



P.S. Their wine Sucks!!!!

[Timothy]

This is why we've never really trusted the French! 

When I was active, we kept as close an eye on French subs as we did the Soviets.

[tombogan03884]

EAT, DRINK, BE MERRY, the Germans will pay for it.
Maybe.

http://news.yahoo.com/angry-greeks-vote-cliffhanger-election-041733917--business.html

ATHENS (Reuters) - Greek voters enraged by economic hardship caused by the terms of an international bailout turned on ruling parties in an election on Sunday, putting the country's future in the euro zone at risk and threatening to revive Europe's debt crisis.

The latest official results, with over 61 percent of the vote counted, showed the only two major parties supporting an EU/IMF program that keeps Greece from bankruptcy would be hard pressed to form a lasting coalition.

Conservative New Democracy and Socialist PASOK, who have dominated Greece for decades, were holding less than 35 percent of the vote. That would mean they might only scrape the 151-seat threshold needed for even the most fragile majority in parliament.

Once mighty PASOK looked set to be pushed into third place by the anti-bailout Left Coalition party, in a stunning vote against austerity policies that have caused deep hardship in one of Europe's worst postwar recessions.

>>>>>>>>>>>>MORE AT LINK<<<<<<<<<<<<<<<<<<<
http://news.yahoo.com/analysis-greek-french-voters-reject-german-led-austerity-214104617--business.html

BERLIN (Reuters) - Greek voters dealt a serious blow on Sunday to the fragile political consensus that has kept Europe's currency bloc intact through more than two years of crisis, rejecting the austerity-for-aid policies that have shielded the country from bankruptcy and a euro exit.

Greece's vote, combined with the victory of Socialist Francois Hollande over incumbent Nicolas Sarkozy in a French presidential election, will raise pressure on Europe's paymaster Germany to pursue a more growth-oriented approach to the crisis.

But it is far from clear whether Chancellor Angela Merkel, whose insistence on tough deficit reduction in vulnerable southern euro members is popular in Germany, will take more than symbolic steps in that direction, even after Sunday's elections.

>>>>>>>>>>>>MORE AT LINK<<<<<<<<<<<<<<<<<<<<<

Meanwhile, back at SMERSH headquarters,


http://news.yahoo.com/putin-sworn-president-divided-russia-221659661.html

MOSCOW (Reuters) - Vladimir Putin will be sworn in as Russia's president at a glittering ceremony on Monday, hours after clashes between police and protesters laid bare the deep divisions over his return to the Kremlin for six more years.

The former KGB spy will take his oath before nearly 2,000 guests in the Kremlin's St Andrew Hall, the former throne room with sparkling chandeliers, gilded pillars and high Gothic vaults, before being blessed by the head of the Russian Orthodox Church and taking charge of the nuclear suitcase.

He will also deliver a short speech, inspect the Kremlin presidential guard and host a lavish reception featuring only Russian food and drink.

Although he has remained Russia's supreme leader for the past four years as prime minister, Putin will take back the formal reins of power he ceded to his ally Dmitry Medvedev in 2008 after eight years as president.

He is returning with his authority weakened by months of protests that have polarized Russia and left him facing a battle to reassert himself or risk being sidelined by the powerful business and political elites whose backing is vital.

In the latest protests on Sunday, police detained more than 400 people, including three opposition leaders, after tensions boiled over at a rally attended by about 20,000 people across the Moscow river from the Kremlin.

Police hit protesters on the head with batons as they tried to stop demonstrators advancing towards them, carrying metal crowd barriers and throwing objects. The crowd fought back with flagpoles before the police eventually restored order.

"Putin has shown his true face, how he 'loves' his people - with police force," said Dmitry Gorbunov, 35, a computer analyst who took part in the protest.

A few kilometers (miles) across Moscow, several thousand people staged a rally supporting Putin, seen by his backers as the only leader capable of defending Russia's interests on the world stage and the guardian of the economy at home.

While Putin's critics have tired of a political system that concentrates power in one man, many of his supporters welcome his domination of the country of more than 140 million.

>>>>>>>>>MORE AT LINK<<<<<<<<<<<<<<<<<<<<<<<

[twyacht]

What could go wrong?

[Ulmus]

Look at it this way.

If Europe is so pissed off at the economy that they change the ruling party, there's an even better chance that Romney will be the new President. 

[Sponsor]

[tombogan03884]

Look at it this way.

If Europe is so pissed off at the economy that they change the ruling party, there's an even better chance that Romney will be the new President. 

Don't you know any political history ?
It was the socialists, the people who just regained power in France and Greece, who originated all the programs that have driven their economy into the crapper in the first place.
They are not saying they are mad about the economy.
They are saying "F*ck the economy I want my 9 weeks of paid vacation and 32 hour weeks and damn the consequences".

[twyacht]

The Greek elections just passed, 21 seats or 7% of the available seats were won by,.......wait for it,......

Neo-Nazis....

http://www.theblaze.com/stories/after-greek-neo-nazi-party-gains-ground-beck-warns-americans-to-heed-history/

snip

While Greece has seen its share of civil unrest amidst the country’s severe economic collapse, the emergence of a Fascist party in the nation’s parliament is, by most measures, still an astonishing turn. The Blaze previously reported on the “Golden Dawn” party, which claimed 21 parliamentary seats (or 7%) and the anti-immigrant rhetoric of its hard-line leader, Nikolaos Michaloliakos.

Vowing to “rid this country of the stench” — a.k.a. immigrants — Golden Dawn’s insignia is entirely too reminiscent of the swastika and its adherents, reportedly clad in black, are often seen physically abusing and intimidating immigrants across the country. Needless to say, Greece’s immigrant community is understandably concerned and opponents are preoccupied with how best to marginalize the Neo-Nazi group that has now gained legitimacy in the halls of government.

Michaloliakos, who is also no fan of the media, said the day of “national revolution by the Greeks has begun against those who are selling us out and looting the sweat of the Greek people.”

Today, 20% of all Greek political parties comprise either Fascists or Communists. Beck reminded viewers that it only took 30% to elect Hitler.

Vid at link?

What can go wrong?

[philw]

could be worse.......

http://www.theaustralian.com.au/news/world/only-the-beginning-neo-nazi-leader/story-fnb64oi6-1226349575636

THE Greek neo-Nazi leader has said that his movement will spread across Europe after his party Golden Dawn won 21 seats in parliament.

"Greece is only the beginning," Nikos Michaloliakos shouted at reporters outside his office in a rundown section of central Athens after the vote.

Musclebound supporters forced journalists attending his post-election press conference to stand as a mark of respect for their leader - prompting at least one to walkout.

Mr Michaloliakos, 55, a mathematician with a prison record, vowed that his party would fight against "world usurers" and the "slavery" of the EU-IMF austerity programme.

Citing Julius Caesar, he declared: "Veni, Vidi, Vici" - "I came, I saw, I conquered." He added: "The time for fear has come for those who betrayed this homeland. We are coming."

Mr Michaloliakos made headlines in 2010 when he won a seat on the Athens city council and gave a Fascist straight-arm salute in the chamber. But Sunday's general election was the first time that the party crossed the 3 per cent threshold to enter parliament in the cradle of democracy. It took 7 per cent of the vote - a huge increase from the 0.23 per cent in the 2009 election.

Black-clad supporters celebrated outside their party offices in Athens with firecrackers, military anthems and cries of the Nazi slogan "blood and honour". Ioannis Vouldis, a veterinarian who won a seat for the party in Athens, said: "We have been saying for a long time that we are coming, and we have arrived. It will change a lot of things."

Golden Dawn, which uses an ancient Greek symbol that looks like a swastika and the slogan "Greece Above All", believes in throwing out all illegal immigrants and putting landmines along its borders to stop any returning.

Mr Michaloliakos has said that immigrants born in Greece should be allowed to remain but not have the right to vote or stand for office.

The party is sometimes compared to the Islamic fundamentalist groups such as Hamas or Hezbollah because of its social outreach. Every week, it collects food donations to give to the poor. Its members offer protection to old ladies who want to be escorted to the bank or shops in tough neighbourhoods. A simple telephone call to the party hotline suffices.

Its supporters, however, have been associated with vice and violence. Members were accused of attacking a candidate from the Pan-Hellenic Socialist Movement (Pasok). As a young man, Mr Michaloliakos served time in jail for possession of explosives.

Haris Kousoumbres, the former party No 3 who defected in 2002, wrote a self-published book titled Tearing Down the Myth of Golden Dawn before he dropped out of view. He said that he was required to read Hitler's Mein Kampf and the writings of Josef Goebbels before being made a full member, and then received 45 stitches in fights with political rivals. "Unfortunately, I was forced to commit violent acts against friends of mine because they disagreed with the leader," he wrote.

Thomas Barakas, 25, who lost his job in a wholesale company 18 months ago, voiced the disaffection that lies behind much of the group's support. "I joined because I grew up in a neighbourhood where there were a lot of drugs and immigrants. I saw my best friend almost killed by an Albanian with a machete," he said. "Golden Dawn is a movement that is going to clean up all of this dirt."

Moshe Kantor, the head of the European Jewish Congress, said: "Golden Dawn does not even hide its Nazi tendencies. The fact that they have gained a semblance of support and power should rock Europe to its foundations and force European leaders to rethink their priorities."

THE TIMES