France, as you already know, elected a Socialist as president on Sunday, May 6th. Not my appellation: his. A true and embraced Socialist. Who said within a few minutes following his election: “austerity can no longer be inevitable.”

That sentence alone should set the entire EuroZone quaking. And trust me: it is.

Further, news from Spain today: it plans to send public money to bail out its banks:

Spain will swoop in with public money this week to clean up huge bad loans at the nation’s fourth-biggest listed bank, Bankia, the government said Monday.

Spain’s banks are still struggling to emerge from a 2008 property bubble collapse, which eliminated millions of jobs and left the financial sector buried in risky assets.

Investors fear the unknown cost of rescuing the industry could derail efforts to stem a rapid rise in Spain’s sovereign debt and avert a bail-out.

And more: it plans to mandate that all Spanish citizens and businesses purchase government bonds to this end.

Further, an alternate proposal might be this:

1. Spain should plead for emergency funds from the ECB, IMF, EMU, wherever it can get them.
2. Spain should declare a bank holiday and announce a return to the Spanish Peseta
3. Spain should issue a statement to the ECB, IMF, EMU to the effect “anyone stupid enough to lend us money deserves to lose it at least two-thirds of it. All debts in Euros will be repaid 1-1 in Pesetas.”
4. Spain should then devalue the Peseta by 65%. Should Europe, the IMF, and EMU threaten sanctions, Spain would counter with a threat of 100% default on all external debt rather than 65% of it.
5. Spain should lower the VAT, lower corporate income taxes, and make it easier to hire and fire workers.

And Greece? Roughly nothing more than chaos.

People have wondered — what will be the “crux of the biscuit” that starts the coming world and US economic crash?

You’re looking at it right now.

Start paying attention.

BZ

P.S.
The best description of a “Social Darwinist” is a Conservative who is winning a Leftist argument.

“The Tyranny of Cliches.”

PPS:

Standard in France:

• -the 35-hour work week;
• -retirement in the 50s with “special circumstances“;
• -Vacations by country;
• -French workers are guaranteed FIVE weeks off per year;
• -Moreover, the French work LESS and are offered, in most occasions, EIGHT weeks off per year;

In my line of job, I am a journalist working on a French newspaper. We have eight weeks of vacation — eight weeks of vacation,” says Stephane Marchand, a senior economics editor at the French newspaper, Le Figaro. “Eight weeks, yes. I know it may be surprising for you because I know in the U.S. you might have only two or three, if you’re lucky, but we have eight.”

Like most Frenchmen, Marchand has no guilt about taking so much time off. In fact, it’s the law: full-time workers in France are guaranteed at least five weeks vacation — guaranteed those long lazy days in the sun, and leisurely lunches in outdoor cafes.

On top of the five weeks, there are another dozen public holidays, and a maximum 35-hour work week, with no paid overtime allowed. Managers like Marchand, who work more than 35 hours a week, get more time off.

“The so-called 35-hour work week gives us 22 more days a year,” says Marchand.

“Yes,” says Marchand. “Which is a lot.”

Again, Texas Fred and I are in complete agreement.

I foreshadowed the outcome of France’s presidential election as far back as April 16th.

At the precise time that France should hold to its conservative guns, it is determined that the printing press is not only open for business but will be never-stopping for France.

And so: it came true.

François Hollande has won France’s presidential election, giving the country its first Socialist president in almost two decades, exit polls showed Sunday.

According to Ipsos polling institute, the left-wing candidate took 51.7% of the vote to incumbent Nicolas Sarkozy’s 48.3%.

Nicolas Sarkozy was defeated in the French presidential election by Socialist Francois Hollande on Sunday, May 6th. Hollande will take office on May 17th.

I don’t call Hollande a “Socialist” in passing; oh no. Hollande is an actual declared Socialist and proud of the appellation as First Secretary of the French Socialist Party. He is the first Socialist Party installation in nearly two decades.

Huffington Post posits this was nothing more than an “anti-Sarkozy” vote. And Hollande has five years in which to make his pitch reality.

Apparently the clarion call from the French people (who are becoming predominantly Muslim in nature via demography) to the French Wheelhouse was: “HARD A-PORT!”

Hollande’s specific clarion call in return was “austerity can no longer be inevitable.”

In the words of Kurt Vonnegut: “and so it goes.”

So: “austerity can no longer be inevitable”?

As in the response of the US: “we’ll keep on printing paper ’til we die”?

Let me be blunt:

The French can’t protect their country. The French won’t even protect themselves. One French joke:

• Q: How do you view the French Navy?
• A: Through a glass-bottomed boat.

The French are in fact arrogant, elitist, and dying. They lack the will to even support their own nation, their former “culture.” They have no culture now, lost in what Angela Merkel calls the “multi-kulti” atmosphere. The French even admitted in 2011 that “multi-kulti” = failure.

Nicolas Sarkozy dared to state in February of 2011:

If you come to France, you accept to melt into a single community, which is the national community, and if you do not want to accept that, you cannot be welcome in France,” the right-wing president said.

With that in mind, Monday will portend many events (I write this post on late Sunday night).

What will the global stock markets look like today, May 7th?

As I write this: too early to tell. But that will in fact tell all. . .however:

Asian stocks tumbled the most since November and the Euro weakened to a three-month low after French Socialist Francois Hollande was elected President and U.S. employers added fewer jobs than forecast. Treasuries and the Yen advanced, while commodities slid.

I end with:

How does this affect the US? Will we all just keep kissing the ass of Islam like the wonderfully-powerful and sacrificial French, as portrayed here:

BZ

P.S.

Perhaps it is somehow fitting that I write: “Dulce et decorum est pro patria mori.”

From BeaconEquityResearch:

In a riveting interview on TruNews Radio, Wednesday, private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of Homeland Security (DHS) is preparing for “massive civil war” in America.

“Folks, we’re getting ready for one massive economic collapse,” Hagmann told TruNews host Rick Wiles.

“We have problems . . . The federal government is preparing for civil uprising,” he added, “so every time you hear about troop movements, every time you hear about movements of military equipment, the militarization of the police, the buying of the ammunition, all of this is . . . they (DHS) are preparing for a massive uprising.”

I already wrote about a huge half-a-billion civilian round purchase by DHS and ICE. Not military rounds — civilian rounds spec’ed in .40 caliber.

Hagmann goes on to say that his sources tell him the concerns of the DHS stem from a collapse of the U.S. dollar and the hyperinflation a collapse in the value of the world’s primary reserve currency implies to a nation of 311 million Americans, who, for the significant portion of the population, is armed.

Uprisings in Greece are, indeed, a problem, but an uprising of armed Americans becomes a matter of serious national security, a point addressed in a recent report by the Pentagon and highlighted as a vulnerability and threat to the U.S. during war-game exercises at the Department of Defense last year, according to one of the DoD’s war-game participants, Jim Rickards, author of Currency Wars: The Making of the Next Global Crisis.

The radio broadcast on TruNews is available here as an MP3 file.

Through his sources, Hagmann confirmed Rickards’ ongoing thesis of a fear of a U.S. dollar collapse at the hands of the Chinese (U.S. treasury bond holders of approximately $1 trillion) and, possibly, the Russians (threatening to launch a gold-backed ruble as an attractive alternative to the U.S. dollar) in retaliation for aggressive U.S. foreign policy initiatives against China’s and Russia’s strategic allies Iran and Syria.

“The one source that we have I’ve known since 1979,” Hagmann continued. “He started out as a patrol officer and currently he is now working for a federal agency under the umbrella of the Department of Homeland Security; he’s in a position to know what policies are being initiated, what policies are being planned at this point, and he’s telling us right now—look, what you’re seeing is just the tip of the iceberg. We are preparing, we, meaning the government, we are preparing for a massive civil war in this country.”

“There’s no hyperbole here,” he added, echoing Trends Research Institute’s Founder Gerald Celente’s forecast of last year. Celente expects a collapse of the U.S. dollar and riots in America some time this year.

Since Celente’s ‘Civil War’ prediction of last year, executive orders NDAA and National Defense Resources Preparedness were signed into law by President Obama, which are both politically damaging actions taken by a sitting president.

And all of this occurring in an election year, I should care to point out.

• -Plans already exist for a multi-government city-wide Chicago lockdown for the NATO summit.
• -Civilian riots and clashes in Cairo, Egpyt;
• -Euro and US economic hopes diminished;
• -Even oil is currently impacted;

One positive aspect: gun and ammunition sales are skyrocketing under Mr Obama.

I wonder why that might be?

Please invest, my dearest readers, in precious metals. And those would not include silver and gold.

Let a photo be your guide, from the Weimar Republic. Those of you who know history know what this photograph represents:

BZ

And further, she throws an official TANtrum.

First, from the UKSun:

Deeply-bronzed Patricia Krentcil, 44, faces up to ten years’ jail for child endangerment after police were called to her child Anna’s school.

The girl reportedly told a school nurse she was in pain from burns while “tanning with Mommy”.

Officers reported that Anna had a “pretty severe sunburn”.

But Krentcil — whose skin is a mahogany brown after visiting a salon 20 times a month — has dismissed the accusation as a misunderstanding. She said: “It’s preposterous. It’s all made up.”

Right. TWENTY TIMES A MONTH.

Check the photos littered across the internet. Truly, Patricia Krentcil is nothing more than a parody of herself.

You can draw your own conclusion.

Because, after all, I don’t make this stuff up. There are hundreds of thousands or perhaps millions of persons — this stupid — across the globe and in your community.

A “teachable moment” for Krentcil? I don’t think so.

She’ll have to set her child on fire first.

BZ

Embellishments? Falsehoods?

I recently wrote about an early and outright LIE Mr Obama made here.

The DEM/MSM didn’t do its job in 2007/2008 with regard to Mr Obama, and still doesn’t do its job. It couldn’t possibly, essentially, fellate Mr Obama any more now than then. Whatever Mr Obama says is etched with proverbial Stone-Carved Accuracy.

Unless, of course, it isn’t.

David Mariness recently wrote a Vanity Fair piece (see it here, coming in the June 2012 issue, as an excerpt from his forthcoming book) where “composite characters” are mentioned, having been assembled by Mr Obama. “Composite characters” is a phrase for LIE.

Let me refresh your memory, if I might, when James Frey wrote “A Million Little Pieces” and was embraced by Oprah Winfrey — until, that is, his book was revealed to be a LIE because of “composite characters.”

If it’s a LIE in one book, it’s a LIE in all. Period. Simple. No exceptions. No tap-backs, no erasies.

With lies in mind, an Obama lawyer ADMITS that his birth certificate was a forgery.

Yet, who covered this? Hello? Anyone? Bueller?

And does this go back and source to Snopes.com — and is Snopes itself suspect now? I submit: yes, it is. Snopes is run by nothing more than a married couple. Not researchers. Not scientists. Not journalistas. Not independents.

As Hugh Hewitt asks in this post:

The obvious question is: If he was willing to make stuff up in his memoir, what other stuff has he made up along the way? Not just in the memoir, but generally?”

Further, John Hinderaker at PowerLine refers to things in Obama’s Dreams From My Father that simply didn’t exist. Please allow me to do what I call the “logical extension”: those things are LIES.

Some might accuse me of attempting to “discredit” Mr Obama. Please let me reply to that:

Yes. I’m not just attempting. I’m doing it.

Because Mr Obama is a bald-faced liar emboldened by GOWPs and the DEM/MSM. For two salient reasons: 1) because he is a Leftist and, more importantly, 2) people perceive Obama to be black. Though he is conveniently black when he wishes and white when he wishes. According to his targeted audience. He is slick and smart and smarmy enough to “play” in both venues.

Another final LIE recently propagated on the internet in Mr Obama’s attempt for re-election:

The “Life of Julia.”

And what an incredible crock of unmitigated, emo pap proffered for the most brain-dead of Americans. I won’t waste my time in examination; you can see it for yourself by clicking the link above.

Human Events rightly asks: “Who the hell is Julia and why am I paying for her whole life?” And I would reply: a fictional woman — yes, perhaps even a purposely-created “composite character” — whose sole purpose, it seems, is to rely upon the American Government her entire life!

Apparently, Julia is ignorant, clueless, powerless, uneducated, unassertive, unmotivated and brainwashed, because she believes that government is the solution to all of her ills, real or imagined. A single woman promised, by government, with all manner of life-long subsidies. In my way of thinking, another leech sucking upon the bloodstream of producers.

Oddly enough — imagine this! — nothing is mentioned of the unfathomable and unpayable debt she — and her children — will carry throughout her life because of Mr Obama. Julia is nothing more than a Serf, a Pawn, a Groundling.

That is to say, if she determines to demean herself sufficiently to actually have children and, further, if she actually wants to utilize her womb. Let’s not just simply make this assumption. In terms of her “children.”

Today, 46% of adults under 35 in Europe still live with their parents.

My! That’s something to which we all should aspire — Julia included.

Again: “Julia” is another “composite character” and, as such, another bald-faced LIE.

Promulgated, promoted and supported by Mr Obama, our current Liar In Chief — and his biased, Leftist minions.

To me, the most important phrase is this: “If you think Social Security benefits allow you to live your retirement without worry, you deserve Barack Obama.”

Oh yes, you surely do.

But not this time.

BZ