Rich businessmen pulling out of France as tax-hit looms

From France24.com:

AFP – A flood of top-end properties are hitting the market as businessmen seek to leave France before stiff tax hikes hit, real estate agents and financial advisors say.

“It’s nearly a general panic. Some 400 to 500 residences worth more than one million euros ($1.3 million) have come onto the Paris market,” said managers at Daniel Feau, a real-estate broker that specialises in high-end property.

While it is not yet on the scale of the exodus of rich French after the election of Socialist president Francois Mitterrand in 1981, real estate agents said, the tax plans of France’s new Socialist President Francois Hollande are having a noticeable effect.

While the Socialists’ plan to raise the tax rate to 75 percent on income above 1.0 million euros per year has generated the most headlines, a sharp increase in taxes on capital gains from the sales of stock and company stakes is pushing most people to leave, according Didier Bugeon, head of the wealth manager Equance.

No surprise there.

What you can expect in Obama’s second term.

Both Hollande and Obama believe it is the duty of businesses and business owners to lose money in order to ensure some kind of mentally-deficient “parity” with all.  Profits still continue to = “bad.”

If you really want businesses to pull out and land in some other nation yielding some kind of modern-day “Atlas Shrugged,” then keep on pushing, Socialists.  You won’t be far from your wishes.  For when you throttle the motor of business you also halt the motor of freedom.

BZ

 

 

Another Obama LIE: “we don’t believe anybody is entitled to success in this country”

Wrong, Mr Obama.

You most certainly DO.  This is the absolute cornerstone of your philosophy.

Not just equal opportunity but an equality of outcome, guaranteed by the government for those who choose to do nothing but quail about their victimhood.

Economist Milton Friedman, from his book “Free To Choose,” said there were three categories for human equality: equality before God, equality of opportunity and equality of outcome. He thought the first was the Founders’ use, the second was compatible with liberty, and the third was Socialism.

He was correct.

The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 … Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.
—Milton Friedman, Two Lucky People, 233

 

To those Water Carriers for Obama: you couldn’t be supporting a more disinterested, disengaged and indifferent politician to your actual plight, whatever it may be.

BZ

P.S.
Evidence worth your time here:

 

 

 

Jim Lehrer responds to “I was a poor moderator”

The Leftists came completely uncorked following Wednesday’s debate.

Mr Obama’s poor showing simply could not be the result of his poor showing.

Instead, it had to be other influences: sunspots, tidal pull, the Coriolis Effect, the nasty altitude in Denver and, of course, Jim Lehrer.

Mr Lehrer responded to the mass excoriation:

I thought the format accomplished its purpose, which was to facilitate direct, extended exchanges between the candidates about issues of substance. Part of my moderator mission was to stay out of the way of the flow and I had no problems with doing so. My only real personal frustration was discovering that ninety minutes was not enough time in that more open format to cover every issue that deserved attention.

I have to agree.  One important duty of a moderator is to “get out of the way” of the candidates.

That said, the Obama Handlers have decided it’s time to get back in Chicago-Style Politics As Usual.  No shock there.

BZ

 

 

Presidential Debate #1: Domestic Policy

The candidates debated at 6pm Pacific, from the University of Denver on Wednesday.

In my opinion, Mr Romney made any number of statements regarding facts that Mr Obama simply did not refute.  Obama obfuscated and changed topic.

Romney: “We know that the path we are taking is not working.”

Bingo.

Mr Romney proved that he has so much more experience than Mr Obama as to be ludicrous.  As governor; as a businessman; as a meeter-of-budgets; as a job creator; as a private business owner; as a manager; as a LEADER.

In this first debate, I would give a serious nudge to Mitt Romney as a winner; Obama stood tall but he fell back on repeated statement with few facts.  Both men withheld themselves.  Obama emphasized he was a fighter for the Middle Class.  But that was a massively hollow argument when his actions prove that he couldn’t quite care less about the Middle Class.  The only thing about “class” Mr Obama understands is that of CLASS WARFARE.

A brief bit of Roaming Through History with presidential debates:

Clinton’s “debate moment” against GHW Bush:

Al Gore, in 2000, tries to physically intimidate George Bush during the debate by violating his personal space:

Here, Obama kicks John McCain to the curb (truly, not too terribly difficult, considering):

I repeat: Romney ahead.  He kept composure and fought with facts.  He came out more aggressively than I suspected he would — and good for him.

Obama, when confronted with actual FACTS — as I insisted Romney do — Mr Obama had little if any cogent retort.  He seemed to be intensely scrutinizing his notes many times, head down.

I repeat: kill Obama with nothing more than FACTS.

Jugular time, Mr Romney.

BZ