Showing posts with label Le Pen family. Show all posts
Showing posts with label Le Pen family. Show all posts

Thursday, May 11, 2017

Paul Craig Roberts Warns "The French Election Is A Catastrophe For World Peace"

Authored by Paul Craig Roberts,


Marine Le Pen’s defeat, if the vote count was honest, indicates that the French are even more insouciant than Americans.


The week before the election the Russian high command announced that Washington had convinced the Russian military that Washington intended a preemptive nuclear first strike against Russia. No European leader saw danger in this annoucement except Le Pen.


No European leader, and no one in Washington, has stepped forward to reassure the Russians. In the US apparently only my readers even know of the Russian conclusion. Simply nothing is said in the Western media about the extraordinary risk of convincing Russia that the US is preparing a first strike against Russia.


Nothing in the 20th century Cold War comes close to this.


Le Pen, as Trump did prior to his castration by the military/security complex, understands that military conflict with Russia means death for humanity.


Why were the French voters unconcerned with what may be their impending deaths?


The answer is that the French have been brainwashed into believing that to stand for France, as Marine Le Pen does, is to place patriotism and nationalism above diversity and is fascist.


All of Europe, except for the majority of the British, has been brainwashed into the belief that it is Hitler-like or fascist to stand up for your country. For a French man or woman to escape the fascist designation, he or she must be Europeans, not French, German, Dutch, Italian, Greek, Spanish, Portuguese.


Brainwashed as the French are that it is fascist to stand up for France, the French voted for the international bankers and for the EU.


The French election was a disaster for Europeans, but it was a huge victory for the American neoconservatives who will now be able to push Russia to war without European opposition.

Tuesday, May 9, 2017

Eight Reasons Why Emmanuel Macron May Soon Regret His Victory

The confetti were still littering Paris from Macron"s celebration event on Sunday night when the 39-year-old Frenchman became the youngest president in French history, and already he met with one of the biggest challenges facing his new administration: a population, mostly among the local labor unions, that is unwilling to accept any if not all of the proposed economic reforms, and made this abundantly clear on Monday by clashing in violent protests across Paris with the local riot police.


That"s not the only reason why Emmanuel Macron may find the hangover of his bitter fight with Marine Le Pen unpleasant. As The Local writes, while Macron"s supporters were jumping for joy at the Louvre and commentators all over the world were hailing Emmanuel Macron"s victory as a triumph for liberal and centrist values, a majority of French people won"t have seen it as a cause for celebration. And although Macron should be relieved, there are a few major reasons why he should stay off the Champagne this week.


Below, according to the French publication, are eight reasons why Macron has little reason for celebration as he prepares to replace Francois Hollande as the next French president.


1. He didn"t win over the majority of French people


In the second round, 56 percent of French people either abstained, cast a blank vote or voted for Le Pen. He may have won a majority of the vote, but that doesn"t make for a majority of French people.  Even in first round vote, when French people "vote with their hearts" and choose the candidate they really want, Macron didn"t do spectacularly.


On April 23rd some 8.6 million people voted for Macron, out of a possible 47 million, so in reality, you could argue that only a 6th of French voters would have Macron as their first choice. But even in the first round he benefited from tactical voting.



2. Many of those who voted for him aren"t really behind him


Of those who did vote for him, many said were doing so simply because he wasn"t Marine Le Pen. Some 33 percent of respondents in an Ipsos poll said they voted Macron because they were won over by the political renewal they saw in him. Sixteen percent put his policies top of the list, while 8 percent said his personality was the main reason they voted for him.


However the largest chunk, 43 percent, said they were mostly voting against Le Pen. 



3. Le Pen is on the move too


The far right scored a record number of votes in the first round (7.6 million) and then went and did it again in the second round, topping the 10 million mark (10.6 million to be precise). The far right are on an upward trajectory and Le Pen is hinting at a new rebranding and strategy in her post-results speech.  To be fair to Macron he recognized this fact in his victory speech and vowed do everything to stop people voting for extremes. Easier said  than done in a divided France suffering from unemployment.



4. En Marche! will have a hard time getting a majority


Macron will face a host of difficulties trying to gain a majority of seats in the parliamentary elections with such a newly created party. Without that he"ll have a hard time passing the laws he wants.  The Republicans are gearing up to try and gain a majority in parliament, in which case Macron would be reduced to not much more than a figurehead of France"s government. 


Even if En Marche! ends up the leading party, finding another group to ally with to pass reforms will be a tough task. Macron"s MP"s will face four clear blocks of opposition from Jean-Luc Melenchon"s "Unbowed" to whatever is left of the Socialist Party come June, to the Republicans and Marine Le Pen"s far right National Front.


That"s unprecedented in French politics. And on top of that, En Marche is under-financed and unlike the long established parties, it doesn"t have a long-standing coffer to dip into.
 
5. Parts of the country rejected him 


Le Pen"s strongholds in the north east held firm, gaining 57.42 percent of the vote in Calais and 61 percent in Hénin-Beaumont. In the Aisne department, Le Pen came out on top in 619 out of 804 communes.  Le Pen scored well on France"s Mediterranean coast in the south east, getting close to 50 percent in many departments, like the Var, where she gained 49 percent. 



6. He could be doomed to follow in Francois Hollande"s footsteps


Macron has a lot on his shoulders, knowing that if he fails to get results on issues like unemployment during his five years he could see the same fate as Hollande, who was so unpopular in France he became the first French president not stand for a second term. Many French people already see too much of a similarity between Macron and his predecessor. Le Pen dubbed him "Hollande"s baby" or "Hollande"s heir".


Fail to deal with unemployment and he will end up having more in common with his predecessor than he would have wished.



7. Unions are already on his back


Worker"s unions in France aren"t about to let Macron forget the huge opposition against him, despite the win. Already there have been protests, with a demonstration against the election held at la Republique in Paris on Monday organised by Front Sociale, a collective of worker"s unions and associations.


The CGT"s Michael Wamen said: “He is no an elected president, he is like a president-CEO.” 


If Macron wants to reform labour laws - and he said he will do by decree - then he can expect more uprisings in the months and years to come.



8. His to do list


Has an incoming president ever had so much on his to-do list from day one? Macron must try to reconcile the country, cut unemployment, restore faith in Europe, even reform the EU, boost the economy, deal with the terror threat and dangerous jihadists returning from the Middle East, find a way for France to be ease with Islam and immigration, help forge a new identity for the country so it feels at ease with its place in the world


In other words make France feel great again.


Yikes, Bonne Chance Manu!

Sunday, May 7, 2017

Lowest Turnout Since 1974 As France Decides The "Future Of The EU"

Update: as of 5pm, the French voter participation was 65.3%, which is the lowest in presidential elections going back at least all the way to 1988:


  • 2017 : 65.30%

  • 2012 : 71.96%

  • 2007 : 75.11%

  • 2002 : 67.62%

  • 1995 : 66.07%

  • 1988 : 70.63%

And according to a separate accounts, the voter turnout was the lowest going back all the way to 1974.



An estimate by elabe/BFMTV estimates the final voter turnout at just 74%, which would make it the lowest since 1969.



* * *


According to the French interior ministry some 28.54% of registered voters have cast their votes in the presidential election by 12:00 a.m. local time (1000 GMT) on Sunday, a lower than expected initial turnout and the lowest at this stage of the day since the 2002 presidential poll, when it was 26.19%. Prior midday turnouts were 30.66% and 34.11% in 2012 and 2007, respectively. A final turnout of 75% is expected at this election; the eventual turnouts in 2002, 2007 and 2012 were all above 80 percent.


Voter apathy did not prevent both candidates from voting for themselves, however, and both did so early on Sunday.



Emmanuel Macron casts his ballot at a polling station in Le Touquet, France.



Marine Le Pen casts her ballot at a polling station in Henin-Beaumont, France.


While parallels with the US election in November have suggested that a low turnout may have an adverse impact for Macron, it remains unclear who is the biggest winner from French voter apathy. Pollsters have said abstentions would be highest among left-wing voters, disappointed by Sunday"s choice after nine other candidates were eliminated in first round, but it is unclear what a high or low turnout could mean for the outcome. That said, even a modest boost for Le Pen based on early voting patterns would likely be insufficient if latest polls are an indication: Macron was set to win the head-to-head with between 61.5 and 63 percent of the vote, according to the last opinion polls on Friday


As two weeks ago, polling stations at France"s European continent opened at 8 a.m. (0600 GMT) and will run for a maximum of 12 hours. Those in the largest cities will close at 8 p.m. (1800 GMT). In France"s oversea territories, the voting was held on Saturday. Over 47 million French voters are registered to cast their votes at some 69,000 polling stations.


The stakes are familiar: as Reuters puts it, "Macron, who wants to deregulate the economy and deepen EU integration, is set to win the head-to-head with between 61.5 and 63 percent of the vote, according to the last opinion polls on Friday. Should an upset occur and Le Pen win, the very future of the EU could be on the line given her desire to close borders, dump the euro currency, and tear up trade treaties."


In an analysis posted yesterday, famous French investor Charles Gave said that even a Macron victory would result in "total mayhem" in France as the resulting parliamentary elections would likely lead to broad governance chaos. Furthermore, even a defeat would be seen a victory of sorts for Le Pen: the 48 year-old"s vote is likely to be about twice what her party scored the last time it reached the presidential second round in 2002, demonstrating the scale of voter disaffection with mainstream politics in France.


Markets, meanwhile, are confident a Macron victory is assured.





"We increased our equity exposure and added some French stocks after the first round," said Francois Savary, chief investment officer at Geneva-based fund management firm Prime Partners. "The major political risk of a Le Pen victory appears to be disappearing."



After a campaign in which favourites dropped out of the race one after the other, Le Pen is nevertheless closer to elected power than the far right has been in France since World War Two. If opinion polls prove accurate and the country elects its youngest-ever president rather than its first female leader, Macron himself has said himself he expects no honeymoon period.



Macron"s task will be difficult: up to 60% of potential voters for the young politician have said they will do so to stop Le Pen from being elected to lead the euro zone"s second-largest economy, rather than because they fully support the former banker turned politician. "I don"t necessarily agree with either of the candidates," psychotherapist Denise Dulliand, who was voting in Annecy in the mountainous southeast, told Reuters. "But I wanted to express my voice, to be able to say that I came, even if I am really not satisfied with what is happening in our country, and that I would like to see less stupidity, less money and more fraternity." Should Macron disappoint, it is quite likely that the fickle electorate will turn quickly against Francois Hollande"s former cabinet member.


Whether Macron"s supporters will get their wish to see Le Pen lose, will be revealed at 8pm local time, when the first exit polls are disclosed.


Meanwhile, investors are already setting their sights on the upcoming French parliamentary elections next month in which the new president will try to secure a majority in parliament. According to Reuters, much will depend on how the candidates score on Sunday. Le Pen"s niece, Marion Marechal-Le Pen, on Thursday told L"Opinion daily that winning 40 percent of the vote would be "a huge victory" for the National Front, something Charles Gave echoed yesterday,who said Le Pen"s daughter is poised to be a formidable force in 2022 presidential elections.


In any case, whoever wins, the result will be "historic" and will open a new chapter in French politics, with both French legacy parties, the Socialists and The Republicans that have ruled France for decades, swept away from the chance to retain power for the first time in decades, in an embarrassing defeat in which the French population denounced an establishment status quo that has failed them.

Belgian Press: Macron Has Between 63% And 64% Of The Vote

While French pollsters and poli-pundits are prohibited from providing "hot-takes" or preliminary exit-polls ahead of the closing of polls at 8pm local time, the Belgian press is not similarly constrained, and according to L"Echo, citing early exit polls, Macron would win the vote with between 63% and 64% of the vote, while empty ballots would represents about 10%.



The Belgian newspaper adds that, as noted earlier, according to figures from the Ministry of the Interior, the participation rate in metropolitan France at 5pm amounted to 65.30%, the lowest participation rate in decades. It also adds that the abstention rate in today"s vote is expected to reach 25% to 27% on the day.


Still, as the Telegraph cautions, while it was thought that Mr Macron could build a larger voting base than Ms Le Pen - as he was expected to mop up votes in the second round from those who support mainstream Right and Left candidates in the first - it appeared last night that a large number of supporters for the conservative, Francois Fillon, and the far-Left Jean-Luc Melenchon stayed home on election day.  And a vast number chose to spoil their ballots or abstain at the polls - as many as 29% of voters, according to one estimate.


Furthermore, take such early forecasts with a grain of salt. As Bloomberg"s European analyst Maxime Sbaihi writes, "French authorities" warning: no "reliable" estimate can be made before 7.45pm. Don"t trust what you see before that."



He also provides the following breakdown of how to read the final score:


How to interpret #Macron"s score tonight?


  • bad < 55% < weak < 60% < fair enough < 63% < landslide < 65% < plebiscite

How to interpret #LePen"s score tonight?


  • 45% > success > 40% > passable > 37% > meager > 35% > FN mutiny

* * *


Some other highlights: a timelapse clip showing a Paris polling station:



The Telegraph also reports that Libération newspaper says it is boycotting the electoral events of Marine Le Pen this evening - whether she wins or loses - in solidarity with other French and foreign media outlets who have been refused access to them.


The left-wing daily says it will not carry any coverage of the events, during which Ms Le Pen is due to make a speech after the election results are announced, because the Front National has refused access to the gathering in a park in the east of Paris tonight to about a dozen media organisations. "These anti-democratic measures, which are also contrary to the right to keep the public informed, must stop, as must the intimidation of journalists in (Le Pen) political rallies," wrote senior Libération editor Johan Hufnagel.

Why Charles Gave Expects "Total Mayhem" In France Even If Macron Is Elected

Venerable French investor Charles Gave has been managing money and researching markets for over 40 years; as such France’s elder statesman of asset allocation perhaps best captures the mood ahead of the most crucial Presidential election in a generation. In conversation with Dr. Pippa Malmgren, Charles breaks down national politics to understand why voters have rejected the establishment and the market impact of both outcomes, and what to expect from tomorrow"s election.


First, Gave, who says "I"m not so sure that Macron will win", is asked by Malmgren to walk RealVision viewers through what Macron"s agenda would look like in case of a victory. Gave is unable to do so for several simple reasons:





Well, first, nobody knows. Because during the whole campaign, all these talks were on one hand, on the other. I"m in favor of apple pie, and motherhood, you see. Basically he has, to my knowledge, very little program. So he"s running. That is what Hollande said. That he was going to make some fundamental changes without hurting people. And so Macron is a big, empty suit. That"s what he is. You did the right curriculum vitae, he went to the right schools. And you have the feeling that the guy never had an original idea in his life. He was always a good student.



And moreover, there is a strong suspicion that he"s a kind of golem created by Hollande and all these guys. So since they knew they were going to lose the election, they created a guy in a hologram that would run for them and prevent them from losing power. So to a certain extent, the French political system has been captured by what you can call the Technocratic class. And whether from the left or the right, it didn"t make any difference. And this Technocratic class is presenting Macron as a brand new fellow. He is nothing brand new. These guys have been in power for 50 years for God"s sakes. So this is basically nothing.



Gave is then asked for his take on the market"s reaction, first to the outcome which now appears to be fully priced in, i.e., a Macron victory. The French investor"s response should be concerning to those who believe France is in for a period of calm and stability.





If Macron is elected, as I already said, I"m not sure it"s not going to be a triumphant election. So I"m not sure they will have that much legitimacy at first. And second thing is that just after, we have the election for the French Parliament. And then it"s going to be a total mayhem. Because you have four main different currents in France. The extreme left, the Macron left, you see? You have the Fillon right, and you have Le Pen"s right. So you have four. The way it"s done before is that you had only three. Extreme left and the left were joined. And you had the election, you had three guys, and if anyone from the Front National had any chance of being elected, then the worst position of the other two retired. Right away. And said, you must vote for my usual enemy, but we don"t want to. It’s what’s called the Front Republic.



But you see, it"s kind of easy to organize if the organization of the parties are very strong and can force people to retire and to stop running. But if you have four, the organization of the parties having lost all credibility, then nobody is going to retire. Until we are going to have elections. And you could have a majority of MP"s from the Front National The majority of MP"s from Melenchen. Anything is possible. So the fact that Macron is elected doesn"t reduce at all. Not at all. The political risk in France. It may reappear at the election time, big time. So anybody who buys on the idea that the problem is solved in France, let’s move to the next one will have to wait till the middle of June.



Alternatively, what if Le Pen wins:





If Le Pen wins, it"s pretty simple. The bond market in France, Italy, Spain cannot open on Monday morning. And I suppose the euro is dead in the following week. And then you have to buy Europe like crazy. Southern Europe.



Why Southern Europe? Because it is Germany"s markets that would bear the brunt of the selloff, as the dissolution of the euro and European Union would effectively bring about the end of Germany"s economic hegemony (while at the same time benefitting France).





The Germans have made a colossal mistake, which is that they have all the production in Germany. So they"re extremely efficient, well-organized, and they have developed massive current account surpluses. Half of that surplus is in cars. The margin on cars is around 4%. Imagine that the euro breaks down. The deutschmark comes back. The deutschmark goes up 15, 20%. And the whole German industry, all the production base in Germany, becomes bankrupt in no time at all. Compare that to France. France we have magnificent big companies that have been intelligent enough to produce everywhere in the world, to operate from everywhere in the world, and be totally independent from what"s happening in France. What they have in France is their headquarters. And that"s about it. So if Europe breaks, you should be long France on the stock market, and short Germany. Big time.



Would a Le Pen victory also mean the end of the EU? Gave answers:





I wrote a book in 2002, sometime around then, called "Lions Led by Donkeys in France." It was kind of a bestseller. And I made the point in the book that the euro is going to destroy Europe, the European institutions. And I said, we must get rid of the euro to save Europe. So name of the game, if we have some kind of a crisis like that, is to basically close the market for three weeks and organize an orderly dismembering of the euro. But to maintain what has been good so far, which is the kind of common market. And it"s a difficult call because the movement towards the euro was also a movement to create a European nation.



And so the institutions today are basically federal in nature. But nobody in Europe has ever voted for them. So to a certain extent, the guys with power in Brussels have not been elected by anybody, and you cannot fire them. So it"s totally Technocratic. So we have a hell of a problem. We should not only destroy the euro, but should move back to what Europe was in 1988 or 1987 before they put all these Federalist legislations in. That is going to be a tall order. But if the euro disappears and Europe has a problem, then the negotiating between the UK and Europe is going to be amusing. Because UK is going to say, look, who are we going to negotiate with?



Finally, on his big picture thoughts ahead of tomorrow"s decisive election:"it"s going to be a close call, a lot closer than people think. And then we have the elections afterwards, which are going to be a total gamble." Gave adds that in a sense Le Pen has already won because the "worst case scenario" for her, the 2022 elections, is still achievable. As for the parliamentary elections, "Le Pen could have anywhere between 40 to 100 MP"s (she currently has two).... which would be a total disaster for the ruling class."


In other words, even if Macron triumphs on Sunday, "the National Front isn"t going anywhere." Furthermore, Le Pen"s niece Marion Le Pen is poised to inherit the mantle of party leadership in time for the next presidential election in 2022. The younger Le Pen, already a French MP, would have a distinct advantage over her astringent aunt:





Marion, she"s very young. She"s 27, 28. She"s an MP in the French Parliament. She"s extremely pretty. And she represents what"s probably very good in the French Catholic Right. She"s very much a Christian person. Very much so. So a lot of people have problems voting for Mrs. Le Pen today. A lot of the Fillon"s elector would have absolutely no problem voting for Marion, you see what I mean? So she has a big appeal on the Classical French Right. Big one. Big one.



His parting words:"be careful. If she wins, you will have a disaster in the lot of the European bond market. Doesn"t mean a total disaster for the good quality companies. But the risk is not on the stock market. The risk is on the bond market. So be careful. Don"t overstay on the bonds in Europe."


While these are the core excerpts from the interview with Charles Gave, there is much more in the full 40 minute version found on RealVision TV.


Monday, May 1, 2017

Path To Le Pen Victory: What Would It Take?

Authored by Mike Shedlock via MishTalk.com,


Recent opinion polls for round two of the French election on May 7 show Emanuel Macron with 59-60% and Marine Le Pen 40-41%.


Le Pen is trending up from April 24 results that were as low as 36-37%.


Still, Le Pen has a long way to go. Can she close the gap? How?


French Election Polls



The above from French Election Polls on Wikipedia.


Results show the two candidates combined only got 45% of the vote in the first round. Apathy and distrust are strong.


Political Ambush


On Wednesday, April 27, Macron met with striking Whirlpool workers at a planned event in Amiens, Macron’s hometown. In a surprise political ambush, Le Pen showed up first and was greeted with cheers and selfie opportunities.



Macron Faces Hostile Crowd



The most recent poll show Macron falling below 60%. There may be more fallout from the ambush coming up. Even if one believes that support for Le Pen is a bit understated, picking up another 7-9% is a tough act to expect.


Close the Gap? How?


It’s possible Le Pen closes the gap, in a roundabout way: abstentions. Eurointelligence explains.





The researcher Serge Galam confirms what we suspected all along: it does not take much for Marine Le Pen to win if voters abstain. Galam looked into what it takes for her to win under different abstention scenarios. He starts with the vote intentions as suggested by the polls, 42% for Le Pen and 58% for Emmanuel Macron. Then, if 90% of the FN voters go to vote but only 65% of those for Macron, Le Pen would end up winning with 50.07%. For Macron the threshold to win is thus 65.17%. This threshold is even higher the closer the two get in the polls. Assuming Le Pen wins two points in the polls and gets 44% of voters intentions, then the threshold for Macron would be 70.71%. So for 2 extra points in the voters intentions for Le Pen the barrier for Macron to win rises by 5 percentage points. We know that the voters behind Le Pen are much more loyal and steadfast than the votes for Macron. Many backed Macron unenthusiastically to block Le Pen. Since the first round, there is a clear rise in aversion against Macron. The absence of a clear backing from Mélenchon and the hashtag #SansMoiLe7Mai on twitter give solidarity to those who consider abstaining, Le Figaro explains. Students from schools and universities mobilized yesterday for a ni-ni: a no to Le Pen and her nationalism, and a no to Macron as a “boss”.



Ni-Ni Mobilized, SansMoiLe7Mai


A ni-ni is “neither nor”. SansMoiLe7Mai translates as “Without Me May 7”.


Abstentions



An amazing 71-80% of those who supported Benoît Hamon are for Macron, with as low as 1% for Le Pen. But Hamon only received 6.36% of the vote in round one.


Jean-Luc Mélenchon received 19.58% of the vote while François Fillon received 20.01%. Those are the votes that will matter most. It is difficult to judge the likelihood of that combined 39.58% block of disenfranchised voters does indeed vote in round two.


Looking at the first set of polls at the top, somewhere between 17% and 29% of the electorate plans to abstain. The average of 22%, 29%, and 17% is 22.67%. Those abstainers are already factored into the 59-41% poll estimate for May 7.


Voting Intention Averages


  • On average, 39.33% of Mélenchon supporters claim they will abstain. 39.33% of 19.58% is 7.66%.

  • On average, 30.67% of Fillon supporters claim they will abstain. 30.67% of 20.01% is 6.14%.

  • On average, 24.33% of Hamon supporters claim they will abstain. 24.33% of 6.36% is 1.55%.

Curiously, the combined abstainers from the Mélenchon plus Fillon plus Hamon camp is only 15.35% whereas the average overall abstention percentage is 22.67%.


That margin says suggests there is an extra pool of voters who intend to sit this out. Assuming Le Pen supporters are more enthusiastic, the extra block of abstainers must come primarily from those who voted for Macron but now intend to sit it out.


Determining Questions


  1. Will enough weak Macron supporters turn up to vote?

  2. Will the “ni-ni” campaign have an impact that does not show up in the polls?

  3. Is there a pool of Le Pen supporters who simply do not tell pollsters their intention?

  4. Will Macron’s Whirlpool gaffe be a factor?

To win, Le Pen needs to capitalize on Macron’s gaffe. She also needs low turnout and a ni-ni impact that affects Macron more than it does her.


This is an uphill battle, but possible, and more likely than most expect.

Tuesday, April 25, 2017

Can Macron Save The World? Save France?

Authored by Mike Shedlock via MishTalk.com,


The markets appear giddy over the election prospects of Emanuel Macron in France.


Equities are up along with bond yields. Gold is down.


Macron won round one of the French election Sunday and will square off against Marine Le Pen in round two on May 7. He is widely expected to win round two, becoming the next president of France.
 



Policy Advancement


Can Macron Save the World? Save France?


Let’s phrase this a different way. Can Macron advance his policies?


I would ask the same question if Marine Le Pen were expected to win. Macron will not have a mandate. Neither would Le Pen if she were to win.


Certainly, the EU would prefer working with Macron. With Le Pen at the helm, France could throw Brexit negotiations for a loop.


internally, Macron has his work cut out for him. Here are their policies as described by the Guardian.





Macron Policies


Remake the “failed” and “vacuous” French political system; relax labor laws; cut business taxes; reform unemployment system; encourage social mobility; cut public spending (but boost investment); shrink public sector; reduce the number of MPs; establish eurozone government; hire 10,000 more police and gendarmes.



He says: “I will work over the coming fortnight so that together we can gather as many people as possible around my candidacy. The strength of this coming together will be decisive for the government. The challenge this evening is not to vote against a person, but to decide to break completely with a system that has been incapable of responding to our country’s problems for 30 years.



Le Pen Policies


Policies: Priority for French nationals in jobs, housing, welfare; extra tax on foreign workers and imports; proportional representation in parliament; negotiate with EU for return of “full sovereignty” including the franc; in-out referendum on EU membership; cut immigration to 10,000 a year; restrict nationality rights; hire 15,000 police; create 40,000 more prison places.



She says: “The French people now have a very simple choice: either we continue on the path to complete deregulation, or you choose France.



Questions


  1. Would the French parliament go along with relaxing labor laws? Cut business taxes?

  2. Would the parliament allow a referendum on the Euro?

If the answers are no and no, then what’s changed?


The real battle over the survival of the eurozone will take place in Italy, not France.