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Hollande’s World: French in Denial as Crisis Deepens
Der Spiegel ^ | 12/13/2012 | Romain Leick

Posted on 12/13/2012 6:23:25 PM PST by Olog-hai

In the midst of the economic crisis, France’s Socialists are denying reality. The minister of industrial renewal is calling for nationalization of some industries, while the president shies away from necessary structural reforms. Business leaders fear the clock has been turned back 30 years. …

France’s business leaders felt as if they had been set back 30 years, to a time when the first Socialist president of the Fifth Republic, François Mitterrand, began his term with a wave of nationalizations and, after two years, was forced to reverse his policy. Some even drew a comparison with 1945, when the government nationalized automaker Renault after accusing it of having collaborated with the enemy. Wasn’t Montebourg, who had always been an eloquent preacher of deglobalization, dividing business owners into different camps, good and evil, patriotic and unpatriotic?

“Has the government forgotten that nationalization means expropriation?” asked Laurence Parisot, the appalled head of MEDEF, the employers’ union. …

(Excerpt) Read more at spiegel.de ...


TOPICS: Business/Economy; Foreign Affairs; Government; Miscellaneous
KEYWORDS: eucrisis; eussr; france; francecrisis; hollande; socialism

1 posted on 12/13/2012 6:23:35 PM PST by Olog-hai
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To: Olog-hai

Denying reality must be a socialist trait - just look at Hussein.


2 posted on 12/13/2012 6:28:47 PM PST by 21st Century Crusader (August 26, 1191)
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To: Olog-hai

Breaking news! Flash! Stand by......Socialism does not work.It impoverishes everyone except the politicians and tenured academics that promote it. How do you say sucker in French?


3 posted on 12/13/2012 6:29:23 PM PST by allendale
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To: Olog-hai

Socialism by definition is denial of reality.


4 posted on 12/13/2012 6:29:46 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: 21st Century Crusader; Spktyr

denial of reality is the hallmark of leftism


5 posted on 12/13/2012 6:36:16 PM PST by GeronL (http://asspos.blogspot.com)
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To: Olog-hai
Marxism fails every time it is tried.

6 posted on 12/13/2012 6:36:37 PM PST by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your teaching is my delight.)
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To: allendale

‘Ventouses’

We’re so screwed. The whole WORLD is screwed!


7 posted on 12/13/2012 6:51:14 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: 21st Century Crusader
Leftism is the politics of denial. Conservatism is the politics of reality. It really is that simple.
8 posted on 12/13/2012 6:51:30 PM PST by hinckley buzzard
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To: Olog-hai
I came across this one earlier today about France. Unfortunately, humpty dumpty really hasn't fallen yet.

Despite rocky economy, France quick to spend big

9 posted on 12/13/2012 6:52:39 PM PST by Theoria (Romney is a Pyrrhic victory.)
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To: Cincinna

for your French politics and culture list


10 posted on 12/13/2012 6:54:04 PM PST by EDINVA
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To: Olog-hai

That’s it France eat your seed corn, then what?


11 posted on 12/13/2012 7:12:42 PM PST by 2001convSVT (Going Galt as fast as I can.)
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To: Olog-hai

And yet Hollande recently beat an incumbent convincingly in their recent election! Voters knew what they were voting for, so why all the surprise? It’s not like this was all UNEXPECTED.


12 posted on 12/13/2012 7:25:09 PM PST by Obadiah (How do you know that the light at the end of the tunnel isn't a muzzle flash?)
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To: UriÂ’el-2012

if only the right people were in charge.


13 posted on 12/13/2012 8:24:09 PM PST by genghis
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To: Olog-hai
1. Socialists raise taxes.
2. Tax receipts to French treasury crater.
3. Socialists eliminate “loopholes” and raise tax rates.
4. Tax receipts less than before.
5. Repeat loop.
14 posted on 12/13/2012 10:07:49 PM PST by MasterGunner01
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To: Olog-hai
“Has the government forgotten that nationalization means expropriation?” asked Laurence Parisot, the appalled head of MEDEF, the employers’ union.

Believe me, Laurence, they know exactly what nationalization means.

15 posted on 12/13/2012 10:22:11 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: genghis
if only the right people were in charge.

Every time it fails, they always say that.

Einstein said something about repeating failure.


16 posted on 12/14/2012 7:57:29 AM PST by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your teaching is my delight.)
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