web analytics

Hollandais Sauce?

By Mike Cunningham On January 15th, 2014 at 9:40 am

 

Bonjour, Monsieur Le President and of course ‘Leader of the French Universe’. My humble question to your revered person today, ignoring the fascination of all these ‘RosBif’s’ who salaciously ask ludicrous personal queries about your girl-friend, your other girl-friend and the fact that your policies are driving France down into the financial gutter, is quite simple.

Do you, Mr. Le President, prefer the comfort and luxury of the State-supplied Citroen limousine, or do you rather prefer the speed and agility of the Peugeot three-wheeled Scooter which is much better for moving swiftly through Paris’ traffic?

aHollande_DS5_Champs-Elysées

KEEP ON TAXING…

By David Vance On August 24th, 2013 at 9:56 am

Unknown

Zut alors but the French socialists think that MAYBE they cannot tax anymore!

 

France’s Socialist government has admitted that the country cannot cope with any further tax rises and promised no more hikes just days ahead of the country’s largest ever tax bill.

Ah, “just days ahead of the country’s LARGEST ever tax bill”!!!
What that REALLY means is that they are pretending they won’t raid any further  — until the dust settles. Since coming to power…
Mr Hollande’s government introduced over 7 billion euros of fresh taxes after coming to power in May 2012 and another 20 billion euros in the 2013 budget. In next year’s budget, the government says spending cuts will account for more than two thirds of the total deficit-reduction effort. But there will still be around six billion euros in new taxes.
Thatcher got it right when she said
“The problem with socialism is that eventually you run out of other people’s money [to spend].”
So it is in France. They voted in Socialists and all they know how to do is TAX.

TAX IT UNTIL IT BLEEDS….

By David Vance On May 20th, 2013 at 12:35 pm

Socialists believe that it is virtuous to pay tax and that the more you earn the greater the percentage tax you should pay. France is currently a bastion of socialist fervour and under Hollande, in 2012, some people paid MORE than 100% tax.

More than 8,000 French households’ tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. The newspaper said that the exceptionally high level of taxation was due to a one-off levy last year on 2011 incomes for households with assets of more than 1.3 million euros ($1.67 million). President Francois Hollande’s Socialist government imposed the tax surcharge last year, shortly after taking office, to offset the impact of a rebate scheme created by its conservative predecessor to cap an individual’s overall taxation at 50 percent of income.

More than 100% tax. Now what can go wrong with that?

NOT GAY PARIS!

By David Vance On January 13th, 2013 at 6:22 pm

Interesting to see the French taking to the street in defence of marriage;

Hundreds of thousands of protesters have taken to the streets of Paris over plans to give gay couples in France the right to marry and adopt children. Three big marches converged on the Champs de Mars, a large park next to the Eiffel Tower. France’s Socialist government is planning to change the law this year. But the demonstrators, backed by the Catholic Church and the right-wing opposition, argue it would undermine an essential building block of society.

So, Socialism vs the Church.

FRANCE AND HOLLANDE

By David Vance On January 1st, 2013 at 9:54 am

You will have read that French President Francois Hollande’s plan to impose a draconian 75% tax rate on “the wealthy” was deemed “unconstitutional” and struck down by senior French judges. But amusingly, Hollande is not prepared to accept this and has come out with the following;

For his first New Year’s Eve address since taking office in May, Mr Hollande defended his record and performance during what he described as a period of exceptional economic hardship, as criticism over his leadership has ballooned following a high court ruling which found the government’s controversial flagship 75 per cent tax for the wealthy to be unconstitutional. Referring to his pledge to tax annual income of more than one million euros (£818,500), Mr Hollande said the policy was based on a notion of “fiscal justice,” adding that, “those who have the most, will always be asked for more.” He added that the tax will be reworked, following the Constitutional Council’s decision, “but without renouncing its objective.”

Concentrate on that phrase “those who have the most will always be asked for more”.  This is the essence of socialism. It seems to take away from the financially successful and redistribute to client groups. Hollande thinks it fair that the French State allows “the wealthy” to keep 25% of what they earn. I am sure many leftists will agree with him. The reality, of course, is that those being victimised by the bully State make their own determinations with many moving to London.

Meanwhile, French unemployment sits at a 15 year high.

VIVE LE FRANCE

By David Vance On September 28th, 2012 at 10:18 am

I was amused to read that the political left’s poster-boy, French President Francois Hollande, wants to CUT the public sector debt. 

French President Francois Hollande’s government is due to present its first budget, and is expected to commit to a sharp reduction in the public deficit. The budget will include measures to plug a 30bn euro (£23.8bn; $38.7bn) hole in the country’s finances.

So far, so good, but then the lunacy…

Officials have suggested roughly two-thirds of the money will be come from tax rises rather than spending cuts.

Yip, INCREASE Taxes, and boost public sector salaries and pensions. That simply has to boost French productivity, right? Zut alors, I feel sorry for those French who didn’t vote for this lunatic Hollande! Mind you, most of them are headed to London, as estate agents in the wealthier parts of that foreign city will testify!

HOW TO COLLAPSE AN ECONOMY – A BEGINNERS GUIDE

By David Vance On July 5th, 2012 at 7:50 am

Wonder if you picked up on the latest madness of French President Francois Hollande? As you will be aware, he is the new poster boy of the European Left and here’s why!

Holiday home and Investment properties sold for profit of £100,000 will be taxed at £15,500. From July 1, they will all be liable for a 15.5 per cent tax on income from renting their property, and 15.5 per cent on any profits made from selling it.

These taxes will be spent…. on hiring 150,000 more public servants. Oh, and funding a lower retirement age.

Meanwhile Fench national debt is £1.4trillion – around £50,000 per household.

The UK media are flagging up Hollande’s tax and spend regime as the new way forward for the EU. It seems this is what socialists call “growth”.

Now WHAT can go wrong with that?

DRINK AND DRIVE

By David Vance On July 1st, 2012 at 9:36 am

Having spend the past few weeks in France (the part that doesn’t vote for Monsieur Hollande) I was interested in this item;

A new law has come into force in France making it compulsory for drivers to carry two breathalyser kits in their vehicles or risk an on-the-spot fine. It is the latest move by the government aimed at bringing down the number of road deaths caused by alcohol. All motorists must also have with them a high-visibility safety vest and a warning triangle. Foreign drivers are included in the new rule, however there is a grace period until November. Some 4,000 people are killed on French roads every year, with drink-driving being cited as the main factor in accidents ahead even of speeding.

Having sat in a  number of French bars in recent times (!)one of the things that struck me as unusual was the number of local French people who clearly were drinking several classes of alcohol and they got in their car and drove off! In one case, I saw two women sitting drinking wine, they were joined by some Police Officers – they had a laugh – and they then drove off in their car! Remarkable.

I came to the conclusion that based on what I saw the issue of drink/driving is NOT such a big issue for local people in the south of France.  I don’t really think the Police enforce it. Those of us who live in countries where the notion of even taking a sip of alcohol is considered a virtual crime may want to reflect why the French take a rather different attitude. Hollande, a true Nanny Stater, seeks to change the way the French behave – I suspect he has his work cut out for him.

NARNIA TRIUMPHANT!

By David Vance On June 11th, 2012 at 8:19 am

I’m going to be in France later this week so I was hugely entertained to read this news;

French President Francois Hollande’s Socialists and allies came out on top in first-round parliamentary elections Sunday, poised to secure the majority needed to push through tax-and-spend reforms. The Socialists, Greens and allies won around 46 per cent of the vote, ahead of the 34 per cent for ex-president Nicolas Sarkozy’s  UMP party and its allies, the final results released by the interior ministry showed.

As for his “reforms” – well, that’s where the fun starts!

He has already shown his firm commitment to economic lunacy by CUTTING the state pension age (!) and assuming he gets this working majority then he will start to spend even more, borrow even more and tax even more. Such is the Socialist dream! Now, what can possibly go wrong with that plan ?

Best  of all, when you call this rampant recklessness “going for growth” you get a sympathetic media treatment and loads of votes as everyone choose Narnia over reality. I bet the French bail out will be of cosmic proportions when it comes…..truth will out and Francois the Foolish will be spoken off in years to come as the man who ruined France. But for the moment, he is the man they all love…even London estate agents love him as the wealthy French head for London and sanctuary.

GOING FOR DECLINE!

By David Vance On June 8th, 2012 at 10:21 am

As you know, the French President elect, Francois Hollande, has declared that France is going for growth! He has started the way he means to go on by lowering the retirement age, and soon he will be introducing punitive taxation on those who create wealth. Sounds like a plan, right?

The French central bank cut its second-quarter growth estimate for the eurozone’s second biggest economy, and now expects it to contract by 0.1pc. It had previously expected growth to be essentially unchanged in the three months from April through June. If the figures are confirmed it would be the first contraction since France pulled out of recession in 2009.

I am sure people will look back at -0.1% as the golden age, once the implications of Francois’s programme rips through the economy in la belle France! It doesn’t matter how often you say it but the central truth remains – you cannot spend what you do not have.