Jul 21

EU-Poster-Tower-Of-Babel

The President Of France Wants Eurozone Members To Transfer Their Sovereignty To A United States Of Europe (Economic Collapse,. July 19, 2015):

The President of France has come up with a very creative way of solving the European debt crisis.  On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing Europe would be for every member of the eurozone to transfer all of their sovereignty to a newly created federal government.  In other words, it would essentially be a “United States of Europe”.  This federal government would have a prime minister, a parliament, a federal budget and a federal treasury.  Presumably, the current national governments in Europe would continue to function much like state governments in the U.S. do.  In the end, there may be some benefits to such a union – particularly for the weaker members of the eurozone.  But at what cost would those benefits come? Continue reading »

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Feb 12

Putin, Poroshenko ‘handshake’, Minsk talks behind the scenes


Ukraine peace deal: Ceasefire starting February 15, removal of heavy weapons (RT, Feb 12, 2015):

An agreement has been brokered in Minsk to stop hostilities in Ukraine from Sunday. The deal was reached after marathon talks between the leaders of France, Germany, Russia and Ukraine, and signed by the Ukrainian rebels.

“I believe we agreed on a big deal. We agreed to a ceasefire starting at 00:00 on February 15,” Russian President Vladimir Putin told the media after the talks were finished.

“The main thing achieved is that from Saturday into Sunday there should be declared – without any conditions at all – a general ceasefire,” Ukrainian President Petro Poroshenko told journalists in a separate statement. Continue reading »

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Feb 07

Putin chessVladimir-Putin1Putin-Gold

Ukraine ‘Peace’ Talks In Tatters: Defiant Putin “Won’t Tolerate Unipolar World”; Hollande Proposes “Strong Autonomy” For Rebel Region (ZeroHedge, Jan 7, 2015):

Just as the existing ‘truce’ in Ukraine has been made a total farce as 1000s of military and civilians have been killed, so any ‘hope’ that this weekend’s “peace efforts” will result in anything but more talk is rapidly diminishing… Germany’s Merkel exclaimed honestly that it’s “uncertain whether this will be successful,” seemingly resigned to the fact as she added, “but it’s at least worth making an attempt.” French President Hollande admitted that Ukraine’s eastern regions likely need “strong autonomy.” Ukraine’s Poroshenko blustered that he “trusts” Merkel, that the economy is collapsing (more money please), that the country does not need peacekeepers and a lack of arms is fueling conflict (so send us weapons) while pushing for a Russian withdrawal and quick cease-fire.  Finally Vladimir Putin blasted that Russia is unwilling to tolerate a post-Cold War global system dominated by one absolute leader, to which US VP Joe Biden remarked simply “get out of Ukraine.”But apart from that, talks are going great…

Stocks rallied after hours on Friday on a spurious headline that peace talks were progressing…

That appears to be entirely false… Continue reading »

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Dec 24

hollande113

Happy Holidays Hollande: French Joblessness Surges To Another New Record High (ZeroHedge, Dec 24, 2014):

Having proclaimed the creation of jobs-jobs-jobs as his mandate when elected in 2012, Francois Hollande has so far overseen the loss of nearly 600,000 French jobs. At 3.488 million, French joblessness has never been higher (and French bond yields never lower) and has ben rising – practically unabated – for the 31 straight months since his ‘raise taxes on the wealth’ election (and 42 months straight overall).

French Joblessness Surges To Another New Record High

The cries for lower rates and Sovereign QE remain but, we ask in a desperate plea for sanity, what is it that QE-driven lower-rates will do going forward that they have utterly failed to do for the last three-and-a-half years?

Chart: Bloomberg

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Nov 17

Related info:

Putin Arrived At G-20 Meeting Escorted By 4 Warships; Sent Clear ‘Message’ By World Leaders


putin-cameron
Vladimir Putin leaving G20 early “to get some sleep”

Vladimir Putin claims he is leaving G20 early because he needs more sleep (Telegraph, Nov 16, 2014):

Vladimir Putin rejects claims that he is leaving the G20 early because of tense meetings with David Cameron and other western leaders

Vladimir Putin, the Russian President, claims he has left the G20 early because he is tired and needs more sleep before returning to work on Monday.

Mr Putin flew out of Brisbane in Australia amid intense criticism from other Western leaders over Russia’s intervention in the Ukraine.

However, Mr Putin claimed that his decision to leave was nothing to do with the tense meetings he has held with leaders including David Cameron and Francois Hollande, the French President. Continue reading »

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Oct 25

French Unemployed Hits Record High, Hollande Demands EU Budget “Must Be Adapted” (ZeroHedge, Oct 24, 2014):

France’s President Francois Hollande states confidently that “everyone should respeoct treaties,” then ‘Junckers’ it with this stunningly hypocritical bullshit, “budget rules must be adapted” to support growth and France “has done what it has to do” on its deficit… one glance at the following chart suggests that Hollande has done nothing and has been enabled by Draghi… What a farce!!

French Unemployed Hits Record High

So:

  • *HOLLANDE SAYS `EVERYONE’ SHOULD RESPECT TREATIES
  • *HOLLANDE SAYS FRANCE RESPECTS DEFICIT TREATY WITH FLEXIBILITY

But: Continue reading »

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Sep 04

hollande-bilderberg

France Folds; Suspends Shipment Of Russian Warship – NATO Allies Pleased (ZeroHedge, Sep 3,  2014):

France is suspending the delivery of the 1st of 2 hulking Mistral warships to Russia amid security concerns about Moscow’s actions in neighboring Ukraine, AP reports President Francois Hollande’s office said Wednesday. Hollande’s change of mind – as he begs Draghi to devalue the EUR and Schaeuble to lift the deficit limits in Europe – comes at a time when the French economy can hardly cope with losing a few billion (which he previously said was too costly to cancel) but as he explains, Russia’s recent actions harm “the foundations of security in Europe.” We will see what Hollande got for this… or how he was blackmailed – but for now NATO allies have commented that they “welcome the French Mistral sale suspension.” Continue reading »

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Aug 26

French goverment resigns amid rancor over German austerity pressure (RT, Aug 25, 2014):

The French government has resigned despite being formed just 4 months ago. They quit after ministers slammed President Francois Hollande’s plans for taxation and cuts, while also being critical of Germany’s austerity program. Continue reading »

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Aug 04

Gaza boom

France’s Hollande urges action on ‘massacres’ in Gaza (RT, Aug 4, 2014):

French President Francois Hollande has described Israel’s killings in Gaza as “massacres” and called for action to end the violence.

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Jul 31

hollande113

French Housing “In Total Meltdown”, “Current Figures Are Disastrous” (ZeroHedge, July 30, 2014):

If Venezuela is the case study of a country in the late stages of transition into a socialist utopia, then France is the clear runner up. The most recent case in point, aside from the already sliding French economy, whose recent contraction can be best seen be deteriorating PMI data…

France vs Europe PMI

… which hints at the dreaded “triple dip” recession, nowhere is the economic collapse in France more evident than in its housing market which as even Bloomberg admits, citing industry participants, is now “in total meltdown.

The reason? The belief of the socialist president that a few economists know better than the overall market, especially when the sanctity of the “fairness doctrine” and the greater good is to be upheld at all costs. To wit: “French President Francois Hollande’s government may have made a housing slump worse, pushing the construction market to its lowest in more than 15 years. Housing starts fell 19 percent in the second quarter from a year earlier, and permits — a gauge of future construction — dropped 13 percent, the French Housing Ministry said yesterday.Continue reading »

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Jul 16

French President Urges His Countrymen: Stop Bashing Your Country, Have Some Confidence (ZeroHedge; July 15, 2014):

A few days ago it was that other great egaliatarian president, Barack Obama, who urged Americans to tear free from the shackles of cynicism and to unleash some more of that hopium that got Obama elected in the first place. Now it is the turn of that other just as impressive socialist, France’s own Francois Hollande, who just like Obama has seen his popularity rating crumble to unprecedented levels, come up with his own prescription for how to fix the troubles that ail France. In short: “less lamenting and disparaging, more confidence.”

From Reuters:

In the television interview to mark Bastille Day, when a crowd stormed a Paris prison on July 14, 1789, at the outset of the French Revolution, Hollande said his compatriots were more inclined than some others to put their country down. Continue reading »

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Mar 31

–  Far-Right Gains In French Election As Hollande’s Socialists Admit “Unquestionably A Defeat” (ZeroHedge, March 30, 2014):

A week after initial votes showed the far-right anti-Euro National Front party gaining ground in French municipal elections, it appears the ongoing disappointment in the ruling Socialists is increasing (amid record joblessness).

  • *FAR RIGHT MAKES FURTHER GAINS IN FRENCH MUNI ELECTIONS
  • *MOSCOVICI SAYS TODAY’S  ELECTIONS ‘UNQUESTIONABLY A DEFEAT’
  • *MOSCOVICI SAYS IT’S ‘DIFFICULT TO REFORM FRANCE’

These are the first nationwide elections in France since Hollande took office and point to rather concerning lack of support for his party and his policies (and the core of the EU); but a record high 38.5% of votes abstained suggesting major apathy as the country’s north-south divide grows. Continue reading »

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Mar 28

French jobless rate surges to new record (The Local/AFP, March 26, 2014):

The number of jobless in France surged by 0.9 percent in February to a new record of 3.34 million, the labour ministry said on Wednesday.

The number of new jobseekers rose by 31,500 last month, it said, admitting there had been a “marked progression” in unemployment.

The rise is likely to put increased pressure on President Francois Hollande, with the overall number of jobseekers having increased by more than 420,000 since he took office in May 2012.

Continue reading »

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Feb 16

Oh, sure!

See also:

Snowden: NSA Is ‘In Bed With The Germans’

GCHQ And European Spy Agencies Worked Together On Mass Surveillance

Germany’s BND Cooperated With NSA As Merkel Denied Knowledge

Research the connections between the Nazis and the creation of the BND & the CIA and you’ll know exactly what is really going on here.


Germany, France to mastermind European data network – bypassing US (RT, Feb 16, 2014):

Angela Merkel and Francois Hollande will review plans to build up a trustworthy data protection network in Europe. The challenge is to avoid data passing through the US after revelations of mass NSA spying in Germany and France.

Merkel has been one of the biggest supporters of greater data protection in Europe since the revelations that the US tapped her phone emerged in a Der Spiegel news report in October, based on information leaked by former NSA contractor Edward Snowden.

Continue reading »

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Jan 30

Foreign Investment In France Crashes 77% In 2013 (Most On Record) To 26 Year Lows (ZeroHedge, Jan 30, 2014):

When your manufacturing industry unions kidnap their business leaders, taxes reach extremes of duress, industrial production limps lower and unemployment hits record highs; it is hardly surprising that the world is a little nervous of piling its hard-printed cash into your country. But in the case of France, data reported by the UN shows the biggest collapse in foreign direct investment ever. Figaro reports that FDI fell to EUR 5.7 billion – a drop of over 75% year-over-year – and the lowest since 1987. Ironically, Spain’s FDI rose 37% and Germany’s quadrupled… Is France an Emerging Market now?

France Foreign Investment Collapse

Data: Bloomberg and Figaro

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Jan 25

Francois Hollande, First Girlfriend Trierweiler Have Split (ZeroHedge, Jan 25, 2014):

In keeping up with “breaking” and otherwise engaging news on par with this, to keep the broader population distract from more critical developments, here is the latest installment of what 99% of the French population will be talking about in the next several days and weeks (instead of the nation’s impending triple-dip recession).

 

In other words, just as expected. For the background on this story, read:

French First Girlfriend Hospitalized After Francois Hollande Affair With Actress Julie Gayet Exposed

See also:

‘Hollande Affair’ Linked To Corsican Mafia – Valerie Trierweiler To Remain In Hospital For Several More Days

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Jan 14
File photo of French President Hollande and first lady Valerie Trierweiler at the Elysee Palace

French president Francois Hollande and first lady Valerie Trierweiler at the Elysee Palace in Paris. Photograph: Philippe Wojazer/Reuters

Valérie Trierweiler to remain in hospital for several more days (Guardian, Jan 13, 2014):

François Hollande’s partner was said to have suffered a ‘very strong emotional shock’ after hearing claims of affair

A top aide to France’s first lady says she will remain in hospital for several more days to recover from the shock of a tabloid report that her partner, François Hollande, is having an affair with an actor.

Valerie Trierweiler’s chief of staff, Patrice Biancone, said on Monday she could stay in hospital for a further six or eight days. She was initially expected to leave the hospital on Monday. He said she suffered a “very strong emotional shock” and needed rest. One official said she was receiving treatment for “a severe case of the blues”.

Continue reading »

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Jan 12

French First Girlfriend Hospitalized After Francois Hollande Affair With Actress Exposed (ZeroHedge, Jan 12, 2014):

When it comes to socialism, the world’s premier promoter of egalite – France’s Francois Hollande – is very aware that in a socialist utopia, no property is private. Hence everything can be shared, such as actress Julie Gayet with whom it was revealed last week he had an affair. The problem is that the First Lady, er, Girlfriend of France, Valerie Trierweiler, 48, did not share her boyfriend’s Marxist view. And, as Reuters reports, when Trierweiler found out about an affair between Francois Hollande and the aforementioned Julie Gayet, 41, she was hospitalized on Sunday morning “because of exhaustion.”

Hollande-Trierweiler

Hollande and Trierweiler in happier times:

Julie-Gayet-Hollande

And the lover, Julie Gayet, 41.

From Reuters:

BFM Television said the Elysee presidential palace had confirmed that Trierweiler had been hospitalised since Friday because of exhaustion.

Continue reading »

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Dec 29

hollande-bilderberg

French Constituional Court Approves 75% Tax On High Earners (ZeroHedge, Dec 29, 2013):

Almost a year ago, the French constitutional court ruled against Francois Hollande’s triumphal blast into socialist wealth redistribution, with his proposed 75% tax rate on high earners, and so indefinitely delayed the exodus of the bulk of French high earners (even if some, like Obelix, aka Gerard Depardieu, promptly made their way to the country that has become the land of solace for all oppressed people everywhere, Russia) into more tax-hospitable  climes. That delay is now over, when earlier today the same court approved a 75% tax on all those earning over €1 million. The proposal passed after the government modified it to make employers liable for the 75% tax. As BBC reports, the levy will last two years, affecting income earned this year and in 2014.

And with the tax passage, the preparations for an exodus by all high earnings begin, first among the local football teams. Continue reading »

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Oct 23

You won’t believe what the French are taxing now… (Sovereign Man, Oct 22, 2013):

At our workshop in Chile some months ago, European MEP Nigel Farage blasted French President Francois Hollande as leading the pack “in the modern day Pantheon of idiots who are running countries around the world…”

You can see Nigel’s scathing remarks below, about 35 seconds in to the clip:

Of course, the French president had recently introduced a ‘hate tax’ on its countries most successful people, driving out whatever few productive people remain in France.

But this hate tax was just the tip of le iceberg.

Just look at what they’ve done or announced just in the last month:

Continue reading »

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