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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
Posted on 05/06/2012 6:36:35 PM PDT by 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 Decembers 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
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: Business/Economy; Foreign Affairs; Germany; Politics/Elections; Russia; United Kingdom
KEYWORDS: eucrisis; euro; europeanunion; france; francecrisis; franceelection; germany; hollande; stockmarketreaction; unitedkingdom
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To: Big Giant Head
41
posted on
05/06/2012 7:42:05 PM PDT
by
Chgogal
(WSJ, Coulter, Kristol, Krauthammer, Rove et al., STFU. Thank you.)
"New Euro"
Say that quickly a dozen times.
42
posted on
05/06/2012 7:43:56 PM PDT
by
Oztrich Boy
(This world is a comedy to those that think, a tragedy to those that feel - Horace Walpole)
To: Jim Noble
43
posted on
05/06/2012 7:44:45 PM PDT
by
tumblindice
(Our new, happy lives.)
To: tumblindice
Mon dieu un fou a pris le pouvoir ..... les fous sont en charge de l’asile.
*My god a fool has seized power.....the insane are in charge of the asylum.
44
posted on
05/06/2012 7:45:13 PM PDT
by
jimsin
To: adorno
“...within a short period of time, theyll all realize that they screwed themselves into becoming another Cuba or another North Korea”
They will NEVER realize this or EVER admit it! No matter how bad things get they will just say “we haven’t done enough of it”
45
posted on
05/06/2012 7:46:24 PM PDT
by
Castigar
Who knew that the us was a leading indicator in terms of France?
I’ve never before seen a first comment blocked by a moderator.
To: Third Person
In the movie May Fools (about the Socialist uprisings of May 1968 in France), a kid comes back for a short vacation with his family, gushing over the wonders of socialism that he had learned about during his first term at the Sorbonne.
Everyone will only work when they feel like it, he said,
and no one will ever have to do a job they don't want to do. And so on, until Grandpa said, "Well, that all sounds fine, but who will pick up the garbage?"
47
posted on
05/06/2012 7:53:28 PM PDT
by
exDemMom
(Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
To: stephenjohnbanker
To: Big Giant Head
YOU da man!!
I love big families....we all used to have em.
49
posted on
05/06/2012 7:59:03 PM PDT
by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
To: RightOnline
Au Revoir, La Belle France...you are well and truly screwed!
50
posted on
05/06/2012 8:04:17 PM PDT
by
Tainan
(Cogito, ergo conservatus sum)
To: stephenjohnbanker
The whole world is insane.. Damn straight Skippy...that why I made it a rule to drink nothing less than 12 yr old whisky on seeing the election results that pt the current U.S. regime in power.
Life is too short for cheap booze and bullshit!
51
posted on
05/06/2012 8:07:16 PM PDT
by
Tainan
(Cogito, ergo conservatus sum)
To: Jim Noble
To: yefragetuwrabrumuy
These French elections are a small black swan.
53
posted on
05/06/2012 8:12:24 PM PDT
by
AD from SpringBay
(We deserve the government we allow.)
To: adorno
Tell you how bad it is...already, the money people in France are looking to purchase housing in London...for TAX reasons.
This Hollandasie shite is on record to implement a 75% tax on incomes of 1 mill francs a year.
The bottom is going to fall out of France...Tout de suite!
54
posted on
05/06/2012 8:13:07 PM PDT
by
Tainan
(Cogito, ergo conservatus sum)
To: tbw2
What is this an image of? What? You obviously don't watch the Hitler Channel.
To: Castigar
My dad was in (French) New Caledonia during WWII and was with the Occupation Forces in Europe, and he said he thought the French actually liked black markets because it made them feel special and important to know who to go to for whatever.
I see a big black market forming that will make the ones in Greece look like pikers.
56
posted on
05/06/2012 8:16:15 PM PDT
by
VanShuyten
("a shadow...draped nobly in the folds of a gorgeous eloquence.")
To: Tainan
Life is too short for cheap booze and bullshit! Got that right. I wish I had the bandwidth for you to email me a shot of the 12-year-old... :-(
To: RightOnline
Tomorrow morning, I will consume French Toast.
To: Billthedrill
Bro...
Glen MoraigneGlenmorangie 12 Year Old...share a dram or 3 with me this day!
59
posted on
05/06/2012 8:21:22 PM PDT
by
Tainan
(Cogito, ergo conservatus sum)
To: tbw2
Is that sculptures showing a Nazi SS waiting for a train of jews?
60
posted on
05/06/2012 8:22:53 PM PDT
by
cornfedcowboy
(Trust in God, but empty the clip.)
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