Skip to comments.French and Greek elections 'have overthrown Angela Merkel as dominant force'
Posted on 05/07/2012 4:58:49 PM PDT by Olog-hai
French and Greek elections have overthrown Angela Merkel, the German chancellor, as the dominant force in European politics, newspapers in Germany have concluded.
"The hour of the extremists," warned Handelsblatt, Germany's financial newspaper, predicting that the defeat of pro-EU austerity parties in Greek elections will bring "an unparalleled political upheaval". In an editorial, the newspaper warned that Greece could bring "political chaos" to Europe.
Writing about their French neighbors, Süddeutsche Zeitung says: "Goodbye election campaignbonjour reality."
Die Welt sees the French and Greek vote as interlinked, spelling "the rejection of Merkel's system in Europe". In an editorial, the newspaper notes that both elections are a revolt against an EU and eurozone order dominated by the German chancellor.
In France, Le Figaro defends the record of Nicolas Sarkozy, saying: "History will judge his term in office and will remark that having taken on the worst economic and financial crisis of the past 50 years, he nevertheless enacted essential reforms regarding university, research, pensions, public deficit reduction
He also proudly maintained France's place on the international stage and played a decisive role in saving Europe and the euro."
(Excerpt) Read more at telegraph.co.uk ...
The French and the Greeks are going to get money from whom?
Yet they have not overthrown math, basic economics and reality.
The French and Greek socialists will now want to redistribute Germany's stuff.
I'm right, aren't I?
Barack says that's Bush's fault. Why didn't Le Fig mention that part?
Greece, France and other Europeans can still play on Germany's WW2 guilt for awhile longer.
What’s their economies going to be based on, olives and perfume?
I have a theory on the reason we haven’t seen WW3 yet.
Almost immediately after WW2, most of Europe turned to pseudo socialism, with universal healthcare, free college, reduced work weeks, etc.
Now, a half century later, there is nothing left to fight for - no wealth, no significant production, practically no resources since their laws won’t permit exploiting them. Sure, their petty jealousy and misplaced nationalistic pride still boils beneath the surface...but there is no use trying to rob each other’s wealth, since they have universally gone into poverty together.
They are more or less domestic pigs, waiting for somebody to throw them some slop every day...completely dependent on a faceless benefactor for survival.
Sadly, we have not taken a diferent path...we just got a late start.
Germany always rises to the top.
You’re probably right. But after 3, going on 4 generations, since the rise of Nazism, you’d think the younger Germans these days would say “enough” to the rest of parasitical Europe and tell them to Ef off. I hope the German Army is at least half the men it used to be; they’d scare the $hit out of the rest of Europe by flexing a little muscle and goose stepping around a bit. Just sayin’.
As far as the Greeks go they have been tiring to collect money back from Germany that they loaned them 60 years ago. The Germans response is that was so long ago yet Greece is still paying off loans from 40 years ago.
I think the germans still remember how to get to Paris!
Looks like the only logical solution is for the EU and the USSA to loot the Chi-coms.
Yes, but they are desperate to keep their social welfare system in place. They like it. It can't last, but most Europeans (including Germans) live for today. They aren't religious and they don't much care about the future. America is moving down a similar path, we are just a few years behind them. Germans may complain about bailing out countries like Greece, but it isn't as if they are voting for anti-bailout party's. They show disapproval for Merkel by voting for SPD - which is a party even more wedded to the euro-zone and European integration.
It isn't that I don't think the Eurozone is doomed, it's just that I don't think regular logic applies. I think they will kick the can down the road till they've used up every last trick, lie, cover-up, bailout, debt swap, etc. When the end comes, it is going to be a complete and utter crash - possibly resulting in conflict of some kind. The problem will be, everyone will fully understand that the whole system was a house of cards covered up by the lies of government, banks, big trading houses, the media, etc. There will simply be no confidence in almost any part of the system.
Yes, but the Germans can just say, sorry, the wallet is closed. Greece could bail out of the Euro and try printing money like they used too. But France can't leave the Euro zone. They will probably just undo what reforms Sark managed and try to do to the French economy what Obama is doing to ours.
Cowardice and anarchy.
I don’t know, I think that ship has sailed.
Unfortunately you may be correct.
If it doesn’t happen very soon, it’s over. Demographics is destiny.
Possibly. I really think they can play games with the numbers for much longer than people think. Read places like Zerohedge and you'd think doom was just around the corner, but it never is. I think we need to understand how desperate Europeans are to preserve their social welfare states. I think we are seeing in France that the next step is an attempt to impose even higher taxation on producers and business. Just a couple years ago there was something of an understanding that taxes were already too much and debt was still spiraling out of control, but these people simply can't cut anything. And America is doing the same, we're just a few years behind them is all - but we are catching up fast.
I used to read Zerohedge, but stopped. Between disgusting behavior and perpetually being incorrect I left. I agree with much of your assessment, but what the French will implement will not help. I believe the Laffer curve applies.
Oh we agree on that. It will make things even worse actually. It's kinda like California. For years now California was doomed. They've got perpetual 10-20 billion budget deficits. They play games with the numbers and shuffle some accounts to get by, but the slide continues. The big investment houses pretend to believe the numbers, because to not believe them brings down the system. The media goes along, because they support the goals of the social welfare system. And a majority of the people simply don't care. The people are a combination of folks that are either dependent (and would vote for the current system no matter what), don't care or don't understand. So they play for time. Hoping maybe the next big IT or Real Estate boom fixes the problem. When the collapse comes it will probably even be worse than doomsayers like Zerohedge even imagine because every piece of the system is so corrupted now that there will be no confidence in much of anything - but in my opinion, that could be years off.
When the EU dies, they can start printing their own again!
Bingo! I was just thinking how much longer myself.
Ultimately? You and I...sigh...
Zero will make sure of that.
Europe is becoming ripe for a dictator.
Vladimir Bukovksy, the 63-year old former Soviet dissident, fears that the European Union is on its way to becoming another Soviet Union. In a speech he delivered in Brussels last week, Mr. Bukovsky called the EU a monster that must be destroyed, the sooner the better, before it develops into a full-fledged totalitarian state.In 1992 I had unprecedented access to Politburo and Central Committee secret documents which have been classified, and still are even now, for 30 years. These documents show very clearly that the whole idea of turning the European common market into a federal state was agreed between the left-wing parties of Europe and Moscow as a joint project which [Soviet leader Mikhail] Gorbachev in 1988-89 called our common European home.
The idea was very simple. It first came up in 1985-86, when the Italian Communists visited Gorbachev, followed by the German Social-Democrats. They all complained that the changes in the world, particularly after [British Prime Minister Margaret] Thatcher introduced privatisation and economic liberalisation, were threatening to wipe out the achievement (as they called it) of generations of Socialists and Social-Democratsthreatening to reverse it completely. Therefore, the only way to withstand this onslaught of wild capitalism (as they called it) was to try to introduce the same socialist goals in all countries at once. Prior to that, the left-wing parties and the Soviet Union had opposed European integration very much because they perceived it as a means to block their socialist goals. From 1985 onwards they completely changed their view. The Soviets came to a conclusion and to an agreement with the left-wing parties that if they worked together, they could hijack the whole European project and turn it upside down. Instead of an open market, they would turn it into a federal state.
It is no accident that the European Parliament, for example, reminds me of the Supreme Soviet. It looks like the Supreme Soviet because it was designed like it. Similary, when you look at the European Commission it looks like the Politburo. I mean it does so exactly, except for the fact that the Commission now has 25 members, and the Politburo usually had 13 or 15 members. Apart from that they are exactly the same, unaccountable to anyone, not directly elected by anyone at all. When you look into all this bizarre activity of the European Union with its 80,000 pages of regulations, it looks like Gosplan. We used to have an organization which was planning everything in the economy, to the last nut and bolt, five years in advance. Exactly the same thing is happening in the EU. When you look at the type of EU corruption, it is exactly the Soviet type of corruption, going from top to bottom rather than going from bottom to top.
If you go through all the structures and features of this emerging European monster you will notice that it more and more resembles the Soviet Union. Of course, it is a milder version of the Soviet Union. Please, do not misunderstand me. I am not saying that it has a Gulag. It has no KGBnot yetbut I am very carefully watching such structures as Europol for example. That really worries me a lot because this organization will probably have powers bigger than those of the KGB. They will have diplomatic immunity. Can you imagine a KGB with diplomatic immunity? They will have to police us on 32 kinds of crimestwo of which are particularly worrying; one is called racism, another is called xenophobia. No criminal court on earth defines anything like this as a crime. So it is a new crime, and we have already been warned. Someone from the British government told us that those who object to uncontrolled immigration from the Third World will be regarded as racist and those who oppose further European integration will be regarded as xenophobes. I think Patricia Hewitt said this publicly.
It looks like we are living in a period of rapid, systematic and very consistent dismantlement of democracy. Look at this Legislative and Regulatory Reform Bill. It makes ministers into legislators who can introduce new laws without bothering to tell Parliament or anyone. My immediate reaction is why do we need it? Britain survived two world wars, the war with Napoleon, the Spanish Armada, not to mention the Cold War, when we were told at any moment we might have a nuclear world war, without any need for introducing this kind legislation, without the need for suspending our civil liberaties and introducing emergency powers. Why do we need it right now? This can make a dictatorship out of your country in no time.
You're just bitter because you want to redistribute their stuff to you, and they won't let you.
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