Sunday, May 6, 2012

Sarkozy Appears Defeated


 French Socialist Francois Hollande appeared headed to victory over President Nicolas Sarkozy, according to exit polls of voters released by Swiss and Belgian news media.

Those polls showed Hollande with 52 to 53 percent of the vote in an election that turned on solutions for Europe's economic crisis amid record unemployment in France.


If his victory is confirmed by the final results, Hollande will be the first leftist president since Francois Mitterrand left office in 1995, and Sarkozy will be the first president not to be granted a second term since 1981. Hollande's term in office begins May 16.


Results in Greece, where voters were selecting new members of parliament on Sunday, also pointed to an upheaval for that country's current leaders. Early polls suggested the country's two leading parties would, together, receive less than 30 percent of the ballots cast _ throwing into question who would form the next government.

The French and the Greeks are throwing out those that took marching orders from the banksters, but, OMG, what have they replaced them with? It appears with even more vicious-type central planners.

UPDATE: Sarkozy  concedes defeat.


7 comments:

  1. Apparently they are discovering the only problem with central planning... there's never enough.

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  2. Equities market started selling off after the European close on Thursday. News outlets and pundits attributed this to the possibility of Sarkozy losing and Greek fringe parties gaining. The sell-off accelerated on Friday. It seems like market will be whacked again tomorrow in reaction to news that was well-anticipated.

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  3. " ... but, OMG, what have they replaced them with? It appears with even more vicious-type central planners."

    Certainly in Greece, yes. France has swapped one statist for a slightly-further-to-the-Left statist. The Greeks? They've elected a motley bunch of communists, Maoists, neo-Nazis and other fascists.

    How can you not laugh? For decades we've had propaganda about how the EU is essential for peace, harmony and botherly love. Well EU and euroland overlordship has motivated the Greeks to vote for every nutter on the ballot slip.

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    Replies
    1. EU may be necessary for brotherly love when free money flows from it

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  4. ECB wants to print but they need political support. End of Merkozy may give it to them

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  5. Market may see the victory of Hollande as the emergence of another customer with a new credit card

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  6. 'Market may see the victory of Hollande as the emergence of another customer with a new credit card"

    yet to be seen whether Hollande can stay above water.

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