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‘Real News From The Blaze’: Sarkozy and Austerity Out In France
- Posted on May 7, 2012 at 10:30pm by
Christopher Santarelli
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French voters have given President Nicolas Sarkozy the boot and elected Socialist Party candidate Francois Hollande to be the next leader of France, sending a clear sign of rejection to austerity measures and shockwaves to markets. With a current 35 hr/max work week, retirement with benefits at 55, and little time given for the progression of Sarkozy’s policies, some from the outside looking in question if austerity was even given a far shot. Yeshiva University Economics and Philosophy Professor James Otteson joined “Real News” Monday to discuss the affect this election could have on financial markets long term, what policies Hollande is likely to put in place, and what actual austerity is.
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kindling
Posted on May 8, 2012 at 10:08pmIt is the old story of the ants vs the grasshoppers…..France boots the ants!
Report Post »Detroit paperboy
Posted on May 8, 2012 at 4:57amViva la freebies !!!!!
Report Post »kryptonite
Posted on May 8, 2012 at 4:39amRecently a spokesperson for Hollande said that as socialists “of course” they agreed with Obama. So now the WH Occupier has two buddies, Putin and Hollande, in Eastern and Western Europe, respectively. Real bad news.
Report Post »kindling
Posted on May 8, 2012 at 10:11pmI understand the people of France voted for him, they like the easy life. But I can’t believe the majority of Americans believe the same. They voted for Obama because he was black and they hoped he would unite the country but to many see what his agenda is and I can’t believe they will vote for him again.
Report Post »Redbengals
Posted on May 8, 2012 at 1:30amWe are doomed and you better be ready or so are you!
Report Post »capitalismrocks
Posted on May 8, 2012 at 12:43amThis is a serious problem, the US needs to disconnect itself out of the world economy, if Europe is going to go under, so be it, be we can’t get dragged down with it….. its a tough procedure to accomplish, like removing a thousand blood vessels from a blob of cancer. However the US needs to find ways to become more self contained….
Once Romney is in office, he needs to go ape-doody on signing leases and permits for IMMEDIATE drilling and we need to keep that oil within the US, no selling to anyone except Japan, Canada and the UK, the rest of the world can fend for itself. We need to cut off Arabia and S. America, and stop funding those countries completely with our oil purchases.
We need to make ANY foreign aid performance based…. you show us a year of solid positive results in fight against terrorism, helping US interests, etc…. then and ONLY then do we give even one dollar in foreign aid.
Report Post »trueamerican40
Posted on May 8, 2012 at 12:55amTrue. We must reduce the size of the cancer (the Fed. guberment) first. When Imam Obama apoligized to the world in front of the UN, I knew that we were in trouble–this idget wants to make us reliant upon Europe. Trecherous despotism.
Report Post »hillplus
Posted on May 8, 2012 at 6:21amMutually assured destruction, here we come!
Report Post »decendentof56
Posted on May 8, 2012 at 7:11amWhat we need is to disconnect ourselves from the NWO UN.
Report Post »Individualism
Posted on May 8, 2012 at 9:19amRomney will not do that he is the same as Obama and created the legislation types Obama has signed into law and also supports the same things.
Report Post »chicago76
Posted on May 9, 2012 at 5:47amThe world is starting to disconnect us from the world economy.
Report Post »trueamerican40
Posted on May 8, 2012 at 12:36amSucks to be them! Wait a minute–that’s what we got now. Sucks to be us, too!
Report Post »lukerw
Posted on May 7, 2012 at 11:55pmSoon… it will be time for a… FIFTH French Republic!
Report Post »SoNick
Posted on May 8, 2012 at 3:50pmwhat are you talking about? Hollande is going to be the Fifth Republic’s 7th president. The 5th republic started in 1958.
Report Post »littleQueenie
Posted on May 7, 2012 at 11:30pmI think the French have the same problem that killed King Louie. They love luxury, pleasure and leisure but don’t want to face up to there’s not enough money to pay for it.
Report Post »Oh well, they can always eat cake.
Interesting times.
NOBALONEY
Posted on May 7, 2012 at 11:29pmBreaking News: Anti-Austerty madness spreading across Europe. Europeans choosing ‘over the cliff’ instead of fiscal responsibility.
Report Post »lukerw
Posted on May 8, 2012 at 12:27amSchizophrenia!
Report Post »Doctor Nordo
Posted on May 7, 2012 at 11:13pmFrance is going to be following Greece into the grave. And to think I‘ve been spending the last few hours debating against the supposed virtues of France’s utopian healthcare system….
Report Post »recoveringneocon
Posted on May 7, 2012 at 11:06pmMaybe Sarkozy should have been more worried about France then Bombing Libya.
Report Post »Netsurfer2
Posted on May 7, 2012 at 11:04pmEither way you have to make a change in how your debts are paid. Since austerity is out! You are probably thinking of the easy way out in the beginning, just like Obama did. Print, print, print, print, print, spend, spend, spend, spend. One word of thought! It get’s old wearing down your currency and sooner or later it will be worthless! Then what? More taxes? From who when no one has any real money?
I predict and please make it not so! The USA will have some severe economic problems leading into this winter. You can only print money so long before it catches up! The banks were never held responsible and there are many more lessons in store! The wave is coming soon and the boat is made of paper! Good luck!
Report Post »Detroit paperboy
Posted on May 7, 2012 at 10:59pmAnd Walker and austerity out in Wisconsin …. Keep the freebies Rollin !!!!!!
Report Post »crusaderx9
Posted on May 7, 2012 at 10:57pmhmmm, France has a suicide pact with their socialist tendencies. US should not intervene as France accelerates into ruin.
America should instead reaffirm its commitment to freedom in all its forms – individual freedom guided by the Constitution AND free markets, along with a strong security posture with superior military, self-reliance…
Report Post »Mark0331
Posted on May 7, 2012 at 10:56pmViva La Death Rattle France…your doomed!
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