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France: Rebellion of the CEOs
Fox News, by Alvaro Vargas Llosa

Original Article

Posted By:charliecoconut, 11/19/2012 5:33:43 AM

You know a European country is in trouble when its business leaders complain about government spending and taxes. (Snip) Nearly 100 French CEOs, among them the heads of Accor, the hotel chain, Air France, Carrefour, L´Oréal, Peugot, Siemens, SociétéGénerale and Veolia, the giant waste and water utility, are urging socialist President Francois Hollande to reduce government spending by 60 billion euros (about $76 billion) over the next five years, and reduce payroll taxes by 30 billion euros over the next two years. The cost of government, they say, has reached “the limits of what is bearable.”

Comments:
Later in the article...
"What we are seeing in France, as elsewhere in Europe, is the collapse of the welfare state."

      


Post Reply  

Reply 1 - Posted by: M2, 11/19/2012 6:34:07 AM     (No. 9023156)

If American CEO´s and the creative minds among us would "go Galt" (See "Atlas Shrugged" for explanation of term), perhaps the point will be made over time that you cannot tax and regulate the creative and the productive people among us and still have a functioning, prosperous society.

On the other hand, Obama & Co, like all dictators, don´t want a prosperous society. They want prosperity and freedom only for themselves -- the ruling class -- the proles can eat cake. If the proles don´t like it, they get shot, or, like the man in prison for making the anti-Islam video, imprisoned on fake charges, indefinitely.

That man should be released immediately. Telling the truth can get you an Arkancide these days. He´s lucky he´s only in prison. For now.

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Reply 2 - Posted by: The Architect, 11/19/2012 8:35:16 AM     (No. 9023325)

#1 is exactly right. We need some of our own executives to "Go Gault". The protests are already starting with many national companies reducing the hours their employees work, closing some branches and stores and announcing that they may be moving. The rate of these actions will accelerate drastically after January when Obamacare kicks in. People will lose their jobs and we will slide into a deeper recession. By the way, we are not in a "Slow Recovery" as the media likes to put it. The rate of our decline is just stablizing.

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Reply 3 - Posted by: Felixcat, 11/19/2012 10:01:43 AM     (No. 9023474)

Elections have consequences.

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Reply 4 - Posted by: mickturn, 11/19/2012 10:43:09 AM     (No. 9023538)

The cost of government, they say, has reached “the limits of what is bearable.”

Really? I would say the cost of government, in totally intolerable and must be halved in 5 years or we´re leaving!

These Socialists must stop promising the moon and delivering bad cheese!

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