French business erupts in fury against "disastrous" François Hollande

The Telegraph ^ | 15 Oct 2012 | Ambrose Evans-Pritchard

[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.

[oblomov]

[vpintheak]

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

[matginzac]

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

[Sequoyah101]

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

[Flycatcher]

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...!}

[LucianOfSamasota]

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.

[Vince Ferrer]

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

[TexasRepublic]

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

[DPMD]

Who cares? Raise taxes.

[Cincinna]

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  ***

[dfwgator]

Miss me yet?

[Sarah]

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

[SunkenCiv]

Thanks Cincinna.

[grey_whiskers]

Tu me manque encore?

Cheers!