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French business erupts in fury against "disastrous" François Hollande
The Telegraph ^ | 15 Oct 2012 | Ambrose Evans-Pritchard

Posted on 10/16/2012 6:51:02 AM PDT by LucianOfSamasota

France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned. “The situation is very serious. Some business leaders are in a state of quasi-panic,” said Laurence Parisot, head of employers’ group MEDEF.

“The pace of bankruptcies has accelerated over the summer. We are seeing a general loss of confidence by investors. Large foreign investors are shunning France altogether. It’s becoming really dramatic.”

MEDEF, France’s equivalent of the CBI, said the threat has risen from “a storm warning to a hurricane warning”, adding that the Socialist government of François Hollande has yet to understand the “extreme gravity” of the crisis.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government; News/Current Events
KEYWORDS: business; capital; capitalgains; capitalgainstax; disastrous; erupts; france; francois; francoishollande; french; fury; gains; hollande; investors; medef; socialism; tax; taxation; taxes
France has their own Obama.
1 posted on 10/16/2012 6:51:07 AM PDT by LucianOfSamasota
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To: LucianOfSamasota
"Mrs Parisot said business feels deeply unloved and is “in revolt across the country”. "

Who is Jean-Claude Galt?

2 posted on 10/16/2012 6:53:45 AM PDT by Paladin2
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To: LucianOfSamasota
...and we have Obama. It continues to amaze me that liberals fail to recognize that taking a little bit of money on many transactions is better than taking a lot off a few. Velocity of money is the important factor and that's why we need a vibrant economy. The government taking larger amounts only slows things down and leads us to higher unemployment.
3 posted on 10/16/2012 6:57:26 AM PDT by Boomer One
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To: LucianOfSamasota

My, my, once again we have a demonstration of why socialists/leftists/liberals/progressives should be watched closely at all times and kept well away from electricy, machinery, or anything requiring a brain.


4 posted on 10/16/2012 7:01:54 AM PDT by Da Coyote
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To: LucianOfSamasota

Elections have consequences.


5 posted on 10/16/2012 7:03:01 AM PDT by xp38
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To: Boomer One

Guess they never heard the saying “You can sheer a sheep many times but skin him only once” or as the Muzzie saying goes....(Maybe I shouldn’t write that on FR! LOL)


6 posted on 10/16/2012 7:04:01 AM PDT by jakerobins
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To: LucianOfSamasota

You voted for him! Next time vote with your head and not with the emotions of a puppy love-struck teenage girl! (Like those who voted for Obama.)


7 posted on 10/16/2012 7:04:13 AM PDT by Obadiah (The corrupt MSM is the enemy of the American people.)
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To: Boomer One

Not sure all this matters much to France’s future. It sounds like they may be the locus of the new Caliphate anyway. Do mullah’s care about economic growth rated at levels above the eighth century?


8 posted on 10/16/2012 7:04:16 AM PDT by Afterguard (Liberals will let you do anything you want, as long as it's mandatory.)
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To: LucianOfSamasota

Ceux Français vont Galt!


9 posted on 10/16/2012 7:04:29 AM PDT by Fiji Hill (Deo Vindice!)
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To: LucianOfSamasota

THIS more than Japan is our future. This is an organized take over from the ballot box and we are in for the very same thing.

It is strange that we can have loosened the requisite conditions for voting rights but we can never tighten them once given. Same goes for dole benefits and the rights of citizenship.


10 posted on 10/16/2012 7:05:21 AM PDT by Sequoyah101
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To: LucianOfSamasota
This political cartoon is from 1934. It's proof positive that liberalism is a contagious mental disorder that's been with us for a long, long time.


11 posted on 10/16/2012 7:08:22 AM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: LucianOfSamasota

Racists!


12 posted on 10/16/2012 7:11:48 AM PDT by bray (Islam- A billion medieval savages can't be wrong!)
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To: LucianOfSamasota
Some business leaders are in a state of quasi-panic...

Music to the Left Bank's ears. :)

13 posted on 10/16/2012 7:12:52 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: LucianOfSamasota

They’ve run out of someone else’s money...


14 posted on 10/16/2012 7:13:00 AM PDT by Eric in the Ozarks (In the game of life, there are no betting limits)
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To: LucianOfSamasota

The French companies that do well, survive, will shift sales to their US branches circumventing income in Europe/France.

There are a host of French companies that have prepared themselves for just such a contingency.


15 posted on 10/16/2012 7:13:40 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: LucianOfSamasota

Socialist governments cannot govern if businesses close their doors and send their employees home. Those governments feed off the cash such businesses produce.

In fact, if farmers quit producing food, or truckers stop bringing goods to government capital cities, government will starve along with the regular citizens. The producers have the power to end government abuse, if they have the will. And they get that will by being pushed too far.


16 posted on 10/16/2012 7:18:10 AM PDT by txrefugee
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To: Cincinna

Gallic Ping.


17 posted on 10/16/2012 7:22:02 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: Sequoyah101

The economic French Revolution?


18 posted on 10/16/2012 7:24:42 AM PDT by tiki
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To: Windflier

Great cartoon! That was back in the day when the Chicago Tribune (under Robert McCormick) was a leading voice in opposition to the New Deal.


19 posted on 10/16/2012 7:28:37 AM PDT by oblomov
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To: Paladin2
Who is Jean-Claude Galt?

LOVE it!

20 posted on 10/16/2012 7:33:07 AM PDT by ilgipper
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To: Windflier

21 posted on 10/16/2012 7:34:19 AM PDT by oblomov
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To: LucianOfSamasota

But they are just making business pay their fair share! Evil capitalist pigs! I hope the frogs experience some sanity soon.


22 posted on 10/16/2012 7:40:12 AM PDT by vpintheak (Occupy your Brain!)
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To: LucianOfSamasota

Just like Obambots who peed their pants to vote for him in 2008 don’t get a pass, the French who scurried to the polls for this socialist fool who is a serial boy friend, don’t get one either....
boo friggin’ hoo


23 posted on 10/16/2012 7:41:43 AM PDT by matginzac
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To: tiki

Something like that but most people usually like to see economic revolutions go up.


24 posted on 10/16/2012 7:52:39 AM PDT by Sequoyah101
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To: LucianOfSamasota
I shouldn't laugh at the human misery caused by those who choose socialism at the ballot box.

Ha ha-- no, I shouldn't -- Ha ha ha ha ha -- c'mon, I really shouldn't -- HA HA HA HA HA HA HA HA HA HA HA HA HA...!

I give up. HA HA HA HA HA HA HA HA HA HA HA HA HA...!

25 posted on 10/16/2012 7:53:04 AM PDT by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: txrefugee
Socialist governments cannot govern if businesses close their doors and send their employees home.

Historically socialist governments force their citizens to comply. This is what happened in the USSR, China, Germany, Cambodia, Cuba, etc.

A crisis or revolution is used to justify consolidation of power. Then the firing squads/re-education camps run 24/7 until resistance is crushed. Then the resulting broken-spirited serfs are assimilated into the new socialist ideal and live the rest of the lives in an Orwellian dystopia.

Can you name a place where socialism has receded in a 'Randian', passive resistance sense when its tenets proved destructive? This is a serious question and I would be delighted to know an example.

26 posted on 10/16/2012 7:54:15 AM PDT by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: LucianOfSamasota

We shouldn’t just be standing here laughing, we should be getting them to come spend their money and build businesses here.


27 posted on 10/16/2012 8:15:24 AM PDT by Vince Ferrer
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To: Vince Ferrer

If we don’t have a regime change in 2013, French businessmen would not be safe here either.


28 posted on 10/16/2012 9:35:51 AM PDT by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: Paladin2

Who cares? Raise taxes.


29 posted on 10/16/2012 9:46:46 AM PDT by DPMD
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To: Cincinna; afraidfortherepublic; mojo114; seenenuf; LucyT; Think free or die; DollyCali; ...

H/T Army Air Corps
Hollande’s popularity rating rating has sunk to new lows this week.
President “Normal” I is now at 40%
Sarko gave a major speech in NY last week, and is planning his return in 2017.
Carla has sent out the word: she would not be opposed
Real buyer’s remorse has set in, and the “First Lady” ( first concubine) Valerie Trierweiler, is the most hated woman in France since Marie “ let ‘em set cake Antoinette.
*** FRENCH POLITICS AND CULTURE PING LIST ***

*** FREEPMAIL ME IF YOU WANT TO JOIN  ***


30 posted on 10/16/2012 12:47:35 PM PDT by Cincinna ( *** NOBAMA 2012 ***)
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To: LucianOfSamasota

Miss me yet?

31 posted on 10/16/2012 12:50:53 PM PDT by dfwgator (I'm voting for Ryan and that other guy.)
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To: Cincinna

No more homework! What’s next? Toilet training laws?
I just sent this off to one of my daughters in Paris.
What a total incompetent! Her husband always gives me a hard time about ‘stupid Americans’... so I forwarded this off.
Touché! lol


32 posted on 10/16/2012 8:07:54 PM PDT by Sarah
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To: Cincinna; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks Cincinna.


33 posted on 10/17/2012 3:47:28 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: dfwgator

Tu me manque encore?

Cheers!

34 posted on 10/17/2012 4:18:00 AM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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