What French Sarkozy Loss Really Means for America:( They need to listen to Ron Paul!)

The mainstream media will attempt to spin French President Nicholas Sarkozy's loss today to Socialist challenger François Hollande as a rejection of "austerity" policies--and to urge American voters to reject the deficit-cutting politics of the Tea Party when we go to the polls in November. In fact, there are important lessons from France--and they are the precise opposite of what the media is telling us.

First, to call Sarkozy's policies "austerity" is to insult both austerity and socialism. The French government--like other European governments--sought to close its budget gap primarily by raising taxes, not by cutting the size and cost of government. Neither Sarkozy nor Hollande had the courage to confront the basic, failed structure of France's welfare-state economy, which is the fundamental cause of its budget problems.

Insofar as French politicians have relied on tax increases as the key to deficit reduction, that is far closer to the policy of U.S. President Barack Obama and his Democrats than to the approach of the Tea Party and the Republicans. Even so, American media commentators like Joan Walsh and Paul Krugman are blaming Congress and "austerity" for slow economic growth--though federal spending keeps growing.

Sarkozy lost because, like nearly a dozen other European leaders, he lacked the courage to make the harsh but necessary reforms to set France right. The lesson for both Democrats and Republicans in the U.S. is that political cowardice is no longer an option.

Source: www.breitbart.com...

Like the article indicated. As these Euro leaders drop like flies to nontraditional parties (Greece voted in several Neo-Nazis recently-as an example) they are not doing what is needed to be done to curb the direction their countries were heading (Doom & Gloom due to socialist idealism).

Raise Taxes... yes, that is the answer-they claimed. Not....

The matter is totally TOO MUCH spending. And thanks to Obama, we are close behind. Ron Paul... of Course but as we all know now... the establishment is against him and that kind of thinking.

We are at the edge of the abiss to Total World Collapse and yet... people continue to deny the reality of what is at hand ... and what is at stake.

Thank you this helps allot the last post we got distracted (i was one who did it) this helps to understand what happened the impact and what will come as well as what to watch out for here!

reply to post by Snakedoctorjw


what post was that?

Doesn't seem to generate too much interest anyway.

Too bad. For those not paying attention to world events are in for a BIG surprise

The correct road forward is neither more austerity nor socialism. It's certainly not tax increases. I suppose bloated government payrolls could take some trimming but to my mind that's almost a side issue.

The real road forward through this mess is Iceland-style nationalism, i.e., telling the bankers to take a leap off a bridge.

Too bad that option doesn't seem to be on the table anywhere but, well, Iceland.

A year ago the global banking elite raped the then Director of the IMF to bring in someone that aligned to their policies.

Today the nation of France tried to bring back some balance by electing someone that aligns to the peoples' values.

The French are not sheep like most of Europe and the USA. Why do you think there is so much propaganda against them throughout modern history?

reply to post by anon72


Well, I'd say Breitbart.com is staffed by people who don't know that much about European politics. You can't compare American and European politics. Americans are very right wing (Both of the mainstream parties are right win). Europe is very much to the left.

www.slate.com...
www.guardian.co.uk...

The entire Euro press is chalking it up to two things. Firstly, Sarkozy ran a very right wing campaign in a rather leftist country (even though UMP is "right" in France, as compared to the U.S. it is not right wing). That's a sure way to lose. The other problem is Austerity. He supported it, sorry guys-Europe is never going to be America no matter how much you want it. Sarkozy killed himself with his nativist pandering and totally killed himself when he made nice words to Le Pen. That was just the end of his ride. Although I'm pretty sure there wasn't much he could do to engender himself to the people after raising taxes on the poor and making a general ass out of himself at every turn. Maybe he can get back to worrying about who is wife is running around with this week.

The German's are going to crap a brick over this one.

reply to post by antonia


AI predict France will be in Financial ruins within 2 years.

You just can't keep raising taxes without cutting the Freebies to all of the free-riders.

They don't even have a solid work week.

And, I dare say the Euro-Dollar/Group/Concept is also doomed-with France going down that road and Greece, Spain, Portugal and England in dire straights also.

I am only hoping the USA sees what happened and avoids it. The USA is about the last bastion of sanity-IMO.
And that is only by a thread. If Obama gets re-elected-we can kiss that good-bye.

reply to post by anon72


The problem with austerity is that it does not produce growth and just causes a country to eat itself from inside. The thing is the amount of debt owed by most nations is completely impossible to pay off. You could cut every benefit, every public sector job, every government program and the debt still would not be paid off.

Austerity, will not bring growth as it just creates more unemployment with more people claiming unemployment benefit and not paying taxes through work. It also creates a generation of young people with no prospects and a burden of debt before they even start out in life.

Until we really address the huge financial mess. Austerity will just be viewed as a way for private companies to asset strip a nations wealth. .

I love how the media is SO mad that a SOCIALIST got elected, imagine their fuming rage if a libertarian was elected. This just shows how extreme the ruling parties are, even though socialism is a downfall for society, they still detest it alongside soft fascism.

Many European countries have been spending money like Crazy for years.

How can all the wild "keep spending" policies possibly correct their problems ?

I think somebody over there like Marxism and all the variants and flavors.

Why are they broke and busted out anyway ?

reply to post by antonia


I agree.. to Europeans we in the US who self identify as "Conservative" are practically anarchist. Everything in Europe is "Left" to us.. Sarkozy was a Socialist.. their right wing is left etc. The media has even been calling the neo-Nazi's in Greece "far right wing" when, by American standards, they are outright communist.

Didnt really know the guy

After reading this : Meet the New Boss: French President is Another Bilderberg Stooge

Nothing will change in France
he might even be worst then Sarkozy

Originally posted by silent thunder
The correct road forward is neither more austerity nor socialism. It's certainly not tax increases. I suppose bloated government payrolls could take some trimming but to my mind that's almost a side issue.

The real road forward through this mess is Iceland-style nationalism, i.e., telling the bankers to take a leap off a bridge.

Too bad that option doesn't seem to be on the table anywhere but, well, Iceland.

Yet.

New French President Wants To End The Dollar Era, Will Clash With US

I can't make the direct link work but the article is at:

alexanderhiggins.com...

We are in the same boat, and have been following the same practices..........the only reason we havent seen the same thing is because our status as a top wold power, our military dominance, and our ability as so far as to cut deals .....

Its my opinion we are headed for the same fall, and its a lot worse then people think........

Bogus numbers and boosting of markets from the inside is the only thing keeping up this charade.........

It wouldnt take much to send the cards tumbling.........and you can bet that those who would love to see America fall know this.........

reply to post by ManBehindTheMask


I'm with you.

And I agree the ones who are enjoying seeing America twist in the wind..... Never mind.

"Austerity' is nothing more than the working poor paying for the excess of the rich.

As for the notion that 'socialist' policies are bankrupting countries, Germany and the Netherlands have the strongest economies in Eurpoe, and have incredibly good social welfare programs, strong unions, and employee benefits. And their economies are doing astounding.