french socialist francois hollande wins presidency

[Cliffy]

Looks to me like it is the capitalist right that is bitching and moaning here. I don't think communism works, but social capitalism might. Just because the capitalist right owns the media and character assassinate any socialist governments doesn't mean anything. But the right are very petty and vindictive when they are kicked out of power for being too greedy. My heart bleeds purple piss for them.

Oh, and Wally: Bite Me!

 

[petros]

Might work? That doesn't sound promising.

 

[Cliffy]

Might work? That doesn't sound promising.

It's more promising that what we have, which isn't working at all.

 

[petros]

The logically response would be to revamp what we have rather than winging it.

 

[Cabbagesandking]

Since 1979 (Canadian stats) the income level of the top 1% of earners has increased by 275%. The average wage has increased in the same time by 18%. The lowest quintile has suffered a serious decline in income - I think around 20% but don't recall exactly.

That is what Right Wing ideology, and policy has done.

Since that time, Globalisation has been the watchword, again for the benefit of that top earning group and to the detriment of all others. Real unemployment has increased and underemployment has increased still more. This what the creed that brought us the serious recessions of 1981, 1991, and the meltdown of 2008 has wrought.

A tightening of this failed ideology is what is being imposed now against all economic evidence.

Tax reduction and expenditure are the currency of economic and fiscal probity in this Right Wing world. That denied empirical evidence. A study done by Amyrta Sen a decade or so ago showed that there was no difference in growth rates between high and low taxed economies. What he did not say was that, as is evident, all those higher taxed economies have better social systems and far less poverty.
Most of them are now showing higher growth rates, too, as the US, Canada, Britain, and a couple of others, slide downwards comparatively.

Vive la revolution!

 

[petros]

Since 1979 (Canadian stats) the income level of the top 1% of earners has increased by 275%. The average wage has increased in the same time by 18%. The lowest quintile has suffered a serious decline in income - I think around 20% but don't recall exactly.

It's not my fault if they don't try harder to make more money. Anybody can do it.

 

[Walter]

It's more promising that what we have, which isn't working at all.

If you have a job or a secure source of income, it's working.

 

[mentalfloss]

Just because the capitalist right owns the media and character assassinate any socialist governments doesn't mean anything. But the right are very petty and vindictive when they are kicked out of power for being too greedy. My heart bleeds purple piss for them.

:lol:

That's probably the best thing I've read all day. Thanks Cliffster.

 

[petros]

If you have a job or a secure source of income, it's working.

Good point!

 

[Cliffy]

If you have a job or a secure source of income, it's working.

The only people with a secure job are government employees. Everybody else is walking on eggs or out of work because the capitalist moved their jobs off shore, like GM taking Canadian bailout money and building a factory in China. Works real good for the rich.

 

[petros]

That's malarkey Cliff.

 

[Cliffy]

That's malarkey Cliff.

Everything I say against the system will be malarkey to someone who believes in the system.

 

[petros]

If nobody has jobs and is on the social teat that would be a paradise?

 

[mentalfloss]

Regime change in France signals wider shift in European outlook

Europe’s wall of conservative blue saw its first crimson fractures Sunday night as elections delivered a historic regime change to France, showed a newly resurgent left in Greece and Germany, and signalled the end of a continent-wide consensus around debt-cutting and austerity as the main response to the economic crisis.

Europe’s political centre of balance shifted decisively with the election of Socialist Party leader François Hollande to the French presidency, who defeated conservative incumbent Nicolas Sarkozy, 51.6 per cent to 48.4.

His presidency marks more than just the end of 17 years of right-wing French leadership.

The new politics could shift relationships with the United States and Canada, with Mr. Hollande promising to push Europe’s focus away from trans-Atlantic military and trade relationships toward a more insular emphasis on co-operation through the European Union. The withdrawal from Afghanistan is likely to become even more rapid, and the Canada-European Union free-trade agreement, championed by Mr. Sarkozy, could move to the back burner.

Mr. Hollande’s victory also may signal an end to an awkward compromise among the leaders of Germany, France and other European states around debt-cutting, rather than growth promotion, as the solution to the euro-zone crisis.

“Europe is watching us,” Mr. Hollande declared in a victory speech. “In many European countries there is now relief. … Austerity is no longer the only option.”

As if to drive home that shift, Greeks delivered a crushing blow Sunday night to the coalition of pro-austerity conservative and centre-left parties, with the strongest returns going to far-left parties.

The shifting tide could also be felt in Germany, when a symbolically important election in the northern state of Schleswig-Holstein delivered a humiliating blow to the conservative-liberal coalition government of Chancellor Angela Merkel at the hands of parties of the centre-left. It could mean that Ms. Merkel will be forced by her opposition parties to co-operate with Mr. Hollande’s demand for a growth-promoting bailout pact – and that European politics will feel very different after Monday morning.

Regime change in France signals wider shift in European outlook - The Globe and Mail

 

[Cliffy]

If nobody has jobs and is on the social teat that would be a paradise?

I hate to repeat myself ad nausium, but the world ain't black and white. It is not either/or. We need a system that works. Was it the socialists or the capitalists who crashed the system in 2008?

 

[petros]

This is how wars start.

 

[mentalfloss]

I hate to repeat myself ad nausium, but the world ain't black and white. It is not either/or. We need a system that works. Was it the socialists or the capitalists who crashed the system in 2008?

All the countries with less regulation (or bad regulation) on the housing market were the ones that got the most fukked.

 

[petros]

I hate to repeat myself ad nausium, but the world ain't black and white. It is not either/or. We need a system that works. Was it the socialists or the capitalists who crashed the system in 2008?

You mean the banks that were told by Govt to lower lending standards so any jackass could get a loan?

 

[captain morgan]

Looks to me like it is the capitalist right that is bitching and moaning here.

Is a mother bitching when she warns her kid not to touch the red hot element on the stove?

Just because the capitalist right owns the media and character assassinate any socialist governments doesn't mean anything.

Yeah, like the CBC.... Those damned capitalists

But the right are very petty and vindictive when they are kicked out of power for being too greedy.

Up and leaving with your assets isn't vindictive, it's simply not volunteering to be the sacrificial lamb

My heart bleeds purple piss for them.

You might want to see a doctor about that, but think twice before seeking public med care in France, it probably won't exist.

 

[mentalfloss]

You mean the banks that were told by Govt to lower lending standards so any jackass could get a loan?

Just goes to show it can be two sides of the same coin. In Canada, prior regulation (imposed by government) actually saved us to some extent. In the U.S., where there was no involvement - this constant move towards a Friedman-like economy is what gave the banks the ultimate freedom to fukk everyone over.

As a society we do need effective government involvement.