Au revoir, austerity! New Euro crisis as French vote for return to ruinous spending

The Daily Mail UK ^ | May 6th, 2012 | Peter Allen, Tim Shipman, and Rob Davies

[Third Person]

Europe was plunged into fresh economic chaos last night as France rejected austerity and elected a tax-and-spend socialist president. Nicolas Sarkozy suffered a humiliating defeat at the hands of Francois Hollande, who ran on a platform of tearing up last December’s controversial deal to save the euro from oblivion. The inexperienced Mr Hollande is now seeking talks with the European Central Bank and German Chancellor Angela Merkel to demand further borrowing to boost growth.

Read more: http://www.dailymail.co.uk/news/article-2140427/Francois-Hollande-victory-French-presidential-election-spell-disaster-Euro.html#ixzz1u8xkQvsA

[RightOnline]

Just when I thought the French couldn’t GET any more stupid...

[SkyDancer]

Right. They’ll spend their way out of debt.

[yefragetuwrabrumuy]

It will be very interesting to watch what happens when the European markets open up soon:

http://finance.yahoo.com/intlindices?e=europe

[tumblindice]

http://www.askmen.com/celebs/women/models_100/104_carla_bruni.html
Veux-tu être ma petite-amie, baby?

[WeatherGuy]

Asian Markets Fall Sharply On EU Worries, US Jobs>

Already started in Asia.

[Oldeconomybuyer]

France is out of other people’s money, but insists on more. Let the riots begin!

[JeffChrz]

Paul Krugman must be giggling like a little girl. Finally! A country that will implement his economic theories!

[Third Person]

The Young and the Lazy:

"Give us some of that free stuff! We didn't riot, so we deserve it!"

[Lonesome in Massachussets]

Hollande est le mort de l’Euro.

[hal ogen]

At some level it will be interesting to watch france’s further deterioration.

[stephenjohnbanker]

The whole world is insane..

[Big Giant Head]

The inexperienced Mr Hollande is now seeking talks with the European Central Bank and German Chancellor Angela Merkel to demand further borrowing to boost growth. Read more: http://www.dailymail.co.uk/news/article-2140427/Francois-Hollande-victory-French-presidential-election-spell-disaster-Euro.html#ixzz1u93C3Sdy

DEMAND further borrowing? Inexperienced? Obama version 2?

[stephenjohnbanker]

Obama will bail France out....just watch..

[RightOnline]

Oui.....vraiment.

[Big Giant Head]

You’re probably right. Obama has already called to congratulate Hollande, and has invited him to the WH.

[RightOnline]

"Paul Krugman must be giggling like a little girl."

Doesn't he always?

[Forward the Light Brigade]

They are in love with the socialist ideas—now they will discover where it leads—Maybe its a good thing if a better France can come out on the other side. My bet—LePen will be the next President after this. If I had money or if I was Jewish I would be packing my bags now.

[Gay State Conservative]

Just when I thought the French couldn’t GET any more stupid...

Just when I thought the French couldn’t GET any more stupid...cowardly

Fixed it for ya.

[Third Person]

“Comrade, what can the American taxpayer do to help?”