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Thoughts on Mr Hollande ?

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Tikayt
Posts: 1031 - Karma: 1,543
For those who really live unconcerned about what's going on in the world, Mr Hollande has become France's new president. As a French citizen, I believe it is a real good thing that Sarkozy has left !
What about you Americans ?
Jun 3 2012 4:59PM
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Dr.Newschoolers
Posts: 1357 - Karma: 508
!VIVA Mexico!
Jun 3 2012 5:00PM
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Flying~Squirrel
Posts: 6494 - Karma: 192
Click for larger image
Jun 3 2012 5:01PM
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Tikayt
Posts: 1031 - Karma: 1,543
That's the problem on NS. People can't have a normal discussion. My mistake for having posted s'thing too thoughtful on NS.
Jun 3 2012 5:04PM
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Amadeus.
Posts: 3050 - Karma: 382
I think its great he was elected. Its pretty obvious that the anti-spending austerity mindset that the U.S. loves to talk about doesnt work. (and most smart economists already new that.) I hope that France can now show us the way to a more quicker and efficient form of recovery. a.k.a. invest in shit.
Jun 3 2012 5:11PM
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Amadeus.
Posts: 3050 - Karma: 382
and GOD FORBID raise taxes.
Jun 3 2012 5:12PM
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*LanaKane*
Posts: 64 - Karma: 9
.
Jun 3 2012 5:12PM
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.AR6rider.
Posts: 15976 - Karma: 8,799
Oh shut the fuck up. Too thoughtful? You posted a single sentence about something 99.6% of NS doesn't give a shit about. Fucking French pussy.
Jun 3 2012 5:39PM
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Rumi.
Posts: 1231 - Karma: 556
i heard his ideals learn toward socialism which is pretty cool. I'm interested to see how that works out in france
Jun 3 2012 5:42PM
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volvotom
Posts: 2045 - Karma: 712
I have just come to accept this.

We'll have to wait and see on Hollande. It has gotten to the point where austerity is having more harmful effects than simply doing nothing. The EURO is beginning to look more and more like a bad idea. It is difficult to manage monetary and fiscal policy when they are uncoupled.
Jun 3 2012 5:43PM
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.batman.
Posts: 153 - Karma: 36
.
Jun 3 2012 5:44PM
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PJS.
Posts: 11943 - Karma: 895
As a dumb American, but also someone who knows that we are not a golden cruise ship sailing across an infinite sea of mexican migrant workers, it seems to me that Hollande's election was a way for French people to emote that they dislike what's happening. They voted with their hearts, and it might damn well put us on track for continued or worsened European instability.
Jun 3 2012 5:48PM
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Randy_Quench
Posts: 5447 - Karma: 4,343
thank you.

its not that its "too thoughtful." its fucking politics, its not thoughtful at all.
its the fact that this is a ski forum populated by a majority of 14-17 y/o's.
and I dont think 14-17 y/o skiers give a fuck about politics, especially on another continent.
Jun 3 2012 5:54PM
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PJS.
Posts: 11943 - Karma: 895
15-year old american who skis and cares about politics checking in here.
Jun 3 2012 5:55PM
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.AR6rider.
Posts: 15976 - Karma: 8,799
Pretends to care so he can sound smart on the internet*
Jun 3 2012 5:56PM
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PJS.
Posts: 11943 - Karma: 895
lol'd hard
Jun 3 2012 5:58PM
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Tikayt
Posts: 1031 - Karma: 1,543
I knew the risk before posting but there're some people who can care and it's nice to get their point of view, does who don't care dont have to come on this thread, there are thousands other threads.
Thanks for those who posted an opinion !
Jun 4 2012 2:24AM
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cobra_commander
Posts: 16909 - Karma: 4,686
That is why the European economy is doing well! Oh wait.

France just perma fucked Greece and delayed their own recovery by a long time with this election. European citizens are showing that they all think it is the governments job to baby everyone along. Reallity of course, will be painful. I honestly dont know how they can not get it, I wonder if Mr. Hollande knows where the money for his gross spending plans?
Jun 4 2012 11:34AM
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feihlination
Posts: 8356 - Karma: 1,084
yeah we goddam communists
Jun 4 2012 12:12PM
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volvotom
Posts: 2045 - Karma: 712
The European economy is doing horrible because they were involved in the same sort of Collateralized Debt Obligation/Credit Default Swap mess that we were in. Combine that with a shared currency (and thus monetary policy) for several countries who all have different fiscal policies.

Keynesian stimulus is hardly babying.
Jun 4 2012 12:27PM
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freestyler540
Posts: 13083 - Karma: 18,720
And you blame Obama for the lack of jobs in the US... You critize the europeans on blaming everything on government when you do it too.



France is the second most important economy in the EU. They are calling the shots beside the German chancellor. Hollande is against severe austarity against the greek people, he believes if you create stability and well being in a country, you will create wealth. Now, the 1/3rd of the people cant work, there are no government jobs available and foreign investment was pulled by the crisis. If you have happy, safe citizens, entrepreneurs will have a safe place to create businesses and wealth. In time, greater investment will be provided to support the GDP growth. Higher GDP growth attracts more investment.

The European Economic Union was to create a stable, free internal trade where the richer countries could help cover the lagging countries. Germany, France, Spain, Italy and a few other countries poured a fuckload of money into the banks to avoid as a preventative investment. THAT is why these countries are scared shitless because if the Greeks default, all the money vanishes leaving the other EU countries to assume the loss.

Mr Hollande is a socialist (gasp!) But, he walks the streets, salutes people and pisses off his staff for not confining himself to secure quarters. He listens to normal people and not the utra rich people who try to control goverment...because that is what a socialist believes. I don't know much about him except for that, so I wish him the best. Europe needs to get creative to solve this problem.
Jun 4 2012 12:41PM
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swd
Posts: 475 - Karma: 12
Are you shitting me? My dad is already giving half his hard earned paycheck to the shit hole of a government we have now. I am not pointing fingers at any single party but the fact that my family is considered to be in the "super rich" category is asinine. Our national debt is at 15.7 trillion there is no way we can pay that back so why would raising taxes do anything? To get out of debt each taxpayer would need to pay 138,000 dollars. By the time you read this all the numbers I provided will be so much higher. Check this out sometime. Watch it for 1 minute and I guarantee you won't think our government needs to spend anymore money. http://www.usdebtclock.org/
Jun 4 2012 1:48PM
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feihlination
Posts: 8356 - Karma: 1,084
so who holds that debt? do you know that? do you know what happens if its 30 trillion next year? no? then shut up.

if yes, go on and excuse me.
Jun 4 2012 1:58PM
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swd
Posts: 475 - Karma: 12
I do know where a lot of it is, and I'm not saying you're completely wrong because there is no denying that the US is digging themselves into a deeper hole. That being said... This is only what I know from previous exploration into this subject and if something is wrong I do apologize. A lot of it is tied up in social security because maybe 40-50 years ago (I forget exactly when) a law was passed allowing the government to take money out of that previously untouchable account. They spent it all and now owe it back to people but don't have the money to. We also have bailed out soooo many companies (and countries) with money we didn't have. We owe foreign countries A LOT of money, I think it's roughly 30%. That DOES include the money we owe oil exporters.I know that is where most of our money is tied up. What happens if our debt goes up to 30,000,000,000,000 (zero's really put it into perspective doesn't it) then we're fucked. Where would we have gotten all that money. People LOAN money expecting to get it back. China is one of our biggest foreign lenders. Do you think they are giving us all that money for no reason? No... They're going to want it back eventually and when they demand it back then what are we going to do? My main goal is NOT to be a dick and call you out, but sometimes I get pissed and need to help people realize. If there are any flaws in here please let me know because I don't want to be spreading false information and I like to learn new things.

/rant

Feel free not to respond. I just have nothing better to do and I will not hold it against you if you don't respond.
Jun 4 2012 2:32PM
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volvotom
Posts: 2045 - Karma: 712
The top federal tax bracket is 35% assuming no deductions. Social Security (FICA) and Medicare tax rates top out on the rich after a certain amount. Pennsylvania has no property tax and a flat 3.07% state income tax. There is no way your dad pays 50%.

My parents are also in the top tax bracket and live in "tax and spend" California and their total rate with deductions is not even 30%. Go troll somewhere else.

As "dangerous" as the debt is. Having no debt would be even more dangerous as carrying debt requires those holding to the debt to balance decisions that might affect our ability to repay them (Trade with China for example). Furthermore, if you want to see what it would look like if we went to severe austerity to eliminate the debt look no further than Italy and Greece, they are just doing wonderful!


Jun 4 2012 3:46PM
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volvotom
Posts: 2045 - Karma: 712
Go take a macroecon course and then come back.

Countries invest in US debt because it is safe. We have never defaulted on an obligation. Furthermore, the yield on bonds is at an all time low. Because of tumultuous european markets (among other reasons), their yields have gone up while yields on US bonds have gone down. Essentially what this means is that it is cheaper than ever for the United States to borrow money.

Social Security (OASDI) is an entirely different, but related animal.
For that I defer to Khan Academy. http://www.khanacademy.org/humanities/american-civics/v/social-security-intro
Jun 4 2012 4:01PM
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LiquorLanch
Posts: 1909 - Karma: 1,046
il est une peitite chou chou
Jun 4 2012 4:22PM
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cobra_commander
Posts: 16909 - Karma: 4,686
Not sure where the first part came from, I don't recall saying shit about the US economy or the affects that the US government has on it, so stop making shit up.

Mr. Hollande is against not just severe Auserity measures, but ANY and ALL austerity measures! A government can not spend and tax it's way out of a debt related crises! For the same reason you can not build a perpetual motion machine!

Personally, your last argument reads the same as the 2000, and 2004 arguments made for Bush based on wanting to have a beer with him, that is to say, stupid. Again if the French people really want a socialist government, they had better get used to tightening their belts, and living off less in the future, because it looks bad for France and the rest of Europe. This is the real problem with liberal social programes. It is impossible to roll them back because voters get used to them.

The real great thing about arguing against socialism, is that you don't need to try and explain your logical argument, since you can just let reallity do the talking.
Jun 4 2012 8:52PM
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turducken
Posts: 749 - Karma: 601

Jun 4 2012 9:03PM
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