Obama To France: Do As I Say, Not As I Do, Mon Cher

M2RB:  Alanis Morissette

Mr. Play It Safe was afraid to fly
He packed his suitcase and kissed his kids goodbye
He waited his whole damn life to take that flight
And as the plane crashed down he thought
"Well isn't this nice..."
And isn't it ironic... don't you think
  

Well life has a funny way of sneaking up on you
When you think everything's okay and everything's going right
And life has a funny way of helping you out when
You think everything's gone wrong and everything blows up
In your face

Life has a funny way of sneaking up on you
Life has a funny, funny way of helping you out
Helping you out 

 

Obama administration advises new French president: For sake of world economy, don’t raise taxes and increase spending

 

“Irony can be pretty ironic sometimes…”

By Dave Powers

President Obama was quick to invite France’s Socialist president-elect to Washington for a visit, but the White House also had some rather perplexing advice for Francois Hollande:

President Obama’s spokesman warned the new socialist president-elect of France not to implement his campaign agenda of ending austerity measures, indicating that such a reversal could damage the world economy.

“A balanced approach . . . Both fiscal consolidation and efforts to boost the recovery is the right approach for Europe,” White House Press Secretary Jay Carney told reporters today. “That’s an approach that he thinks ensures that the recovery continues while putting our fiscal house in order.”

Hollande campaigned on a platform of raising taxes on the wealthy and dramatically increasing domestic spending on stimulus and other programs. Sound familiar? 

So why would the Obama administration be worried that France might do more of the same thing we’re told will save America from a recession/depression and generations of insurmountable debt?

Ace at Ace of Spades has a bead on the Obama administration’s primary concern in all this… which is of course the fate of the Obama administration:

"If France crashes, it offers America a preview of where Obama’s policies will take us, so he… doesn’t want France to implement Obama’s policies. He doesn’t want that heads up. Not before the election.

In addition, of course, a second official recession would just about wrap things up for Romney."

On a related note, Hollande’s election, as many predicted, did indeed spook the markets.

Sophie:

(The Blaze)

And, the New York Times removes its mask....

NY Times Admits: New French Socialist Prez‘s Policies are a ’Better Fit’ for the U.S. Because...

In sum: France just elected a Socialist, and his economic policies should be gladly accepted by the Obama administration because Obama and the Socialist are aligned on their ideology.

Maybe that doesn’t surprise you — but does it concern you?

They’re words that have to be read to be believed.

In a news article in the New York Times, the paper suggests that newly-elected Socialist President Francois Hollande and his economic polices are likely a “better fit” for the U.S. economic positions (i.e. the new president’s policies are more palatable to the Obama administration than outgoing President Sarkozy). It then goes on to lay out how the Socialist and Barack Obama are ideologically linked.

“With the victory of the Socialist candidate, François Hollande, in the French presidential election the White House has lost one of its closest allies on the Continent, but perhaps gained one with economic policy beliefs more closely aligned with its own.”

Mo:  Is the NYT claiming that Obama is a Socialist or his agenda socialistic?

Then the article goes on to lay out its case: Hollande is against austerity, Obama is against austerity; Hollande believes in government spending its way out of recession, Obama believes in government spending its way out of recession.

These quotes in the Times article are clear:

• “…[T]he White House objects to [austerity] on the grounds that cutting budgets too soon will lead to sluggish growth and high unemployment across Europe without satisfying the demands of skittish bond investors. Mr. Hollande … ran on a promise of rebalancing Europe away from austerity and toward growth, and his narrow victory is seen in Washington as a public rejection of governments imposing strict cuts on battered economies.”

• “[Hollande] also supports measures to support growth by, for instance, bolstering infrastructure spending.” The Obama administration had pushed for such pro-growth policy changes even as Mr. Sarkozy joined Chancellor Angela Merkel of Germany in calling for deep spending cuts.”

• “Mr. Hollande seems ‘naturally more palatable to the administration,’ said Justin Vaïsse, the director of research for the Center on the United States and Europe at the Brookings Institution. The administration seems to reason that “Europe probably has a better chance of avoiding a breakup or another renewed sovereign debt crisis by focusing on growth, rather than just sticking to austerity,” he said.”

• “Observers said that though Mr. Hollande was likely to hew closer to the Obama administration on economic issues … .”

Of course the Times doesn’t really explain what Socialism is (and its brutal history) or that Hollande is floating a 75% tax rate on the country’s top earners.

Related Reading:

Watching The World Wake-Up From Its Socialist Stupor

This Is The Dawning Of The Age Of "Austerity"?

The Debate over Austerity Continues

Obama To France: Do As I Say Not As I Do, Mon Cher 

Here's A Secret: Austerity Does Work & Here's The Biggest Example Of It...Ever

In the UK, "Austerity" Means Spending More Than The Socialists In Labour Did...And, Those Bastards Bankrupted The Country

Europe, How Can You Have Any Pudding If You Don't Eat Yer Meat?

The Lessons Of The Fall Of Communism Have Still Not Been Learnt

What comes after Europe? 

Voting For Yesterday In France  

Europe, 2012 

Uber Alles After All 

Bambino, My Cash Money

Europe's Demographic Deficit Grows Wider By The Day

The callous cruelty of the EU is destroying Greece, a once-proud country

Après Sarkozy, Le Déluge. Viva M Hollande - L'homme, Qui Va Détruire La France!

We've About Run Out of Other People's Money  

Last Exit to Utopia 

Big Government Robs The Middle Class Because That's Where The Money Is!

Give Me Liberty Or Give Me Death...You Can Keep The "Equality"

The Taxman Cometh Differently On Either Side Of The Pond....Although Probably Not For Long Divide

Slouching and Slothing Our Way to Ameritopia

France Commits Suicide

England:  It Was Fun While It Lasted

Europe: Those That Refuse To Learn History...

 

"Ironic" by Alanis Morissette

An old man turned ninety-eight
He won the lottery and died the next day
It's a black fly in your Chardonnay
It's a death row pardon two minutes too late
And isn't it ironic... don't you think

It's like rain on your wedding day
It's a free ride when you've already paid
It's the good advice that you just didn't take
Who would've thought... it figures

Mr. Play It Safe was afraid to fly
He packed his suitcase and kissed his kids goodbye
He waited his whole damn life to take that flight
And as the plane crashed down he thought
"Well isn't this nice..."
And isn't it ironic... don't you think

It's like rain on your wedding day
It's a free ride when you've already paid
It's the good advice that you just didn't take
Who would've thought... it figures

Well life has a funny way of sneaking up on you
When you think everything's okay and everything's going right
And life has a funny way of helping you out when
You think everything's gone wrong and everything blows up
In your face

A traffic jam when you're already late
A no-smoking sign on your cigarette break
It's like ten thousand spoons when all you need is a knife
It's meeting the man of my dreams
And then meeting his beautiful wife
And isn't it ironic...don't you think
A little too ironic...and, yeah, I really do think...

It's like rain on your wedding day
It's a free ride when you've already paid
It's the good advice that you just didn't take
Who would've thought... it figures

Life has a funny way of sneaking up on you
Life has a funny, funny way of helping you out
Helping you out