"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Monday, May 7, 2012

Hello Socialism, Goodbye France

The logo of the Socialist Party of France.

Socialism  -  French Leftists propose confiscating 100% of income above $468,309 a year.

  • Leftists will allow ever more Muslim immigration into France.
  • Conservatives still have a chance to block Socialism in the June legislative elections.

Socialist Francois Hollande's narrow 51% - 49% victory could be a disaster for France in both economics and immigration.  But right-of-center parties still have a chance to block Socialism in the June legislative elections.

French leftist parties will stop short of garnering an absolute majority in the legislative elections next month, according to several polls conducted Sunday after Francois Hollande's victory in the presidential elections.
June Legislative Elections  -  A BVA survey showed the left would garner 46% of the vote. 
  • 35% for the Socialist Party 
  • 11% to the Leftist Front led by Jean-Luc Melenchon.
  • 33% for Sarkozy's Union for a Popular Movement. 
  • 17% for the Conservative National Front, led by Marine Le Pen.

The two-round legislative elections will renew the National Assembly, the pivotal law-making branch of parliament, and will decide how strong a backing the president-elect can bank on to push through his agenda reports The Wall Street Journal.

While other pollsters forecast similar showings for the country's main political forces, the numbers are of limited significance, because the 577 members sitting in the National Assembly are elected by a single-member constituency through a two-round system, and not on a proportional basis.
If no candidate obtains an absolute majority in an electoral district, those garnering the support of at least 12.5% of those enrolled in the electoral lists pass to the second round. The system is supposed to encourage alliances between small parties and favors mainstream parties who have an even presence throughout the nation.
Still, the strong showing of the National Front and the Leftist Front may propel the two extremist parties to the center stage of national policy.
Melenchon said the Leftist Front, a grouping that includes the French Communist Party, won't enter in a government coalition with the Socialists. Instead, the party likely will use the group of elected lawmakers in the National Assembly to advance its election platform, which includes increasing the minimum salary by the end of the year, rolling back a pension reform and raising the top tax bracket to 100% for those earning more than EUR360,000 ($468,309).

(Wall Street Journal)

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