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(Washington Post)   Five things heard in France's election that you'd never hear in the U.S   (washingtonpost.com) divider line 116
    More: Interesting, United States, major party, French citizens, bank regulation  
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5875 clicks; posted to Politics » on 23 Apr 2012 at 1:37 PM (3 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-04-23 11:10:27 AM  
But, you should.
 
2012-04-23 11:23:52 AM  
5) Even the far right is against free enterprise.

The far right political party in France is further to the left than our furthest left political caucus in Congress. That should tell you how messed up America is.
 
2012-04-23 11:29:19 AM  
Melanchon, for his part, wasn't so worried about rich French people fleeing the country: "If they do, no problem. Bye bye."

Pussy. Whatever happened to the guillotine?
 
2012-04-23 11:29:47 AM  

Serious Black: 5) Even the far right is against free enterprise.

The far right political party in France is further to the left than our furthest left political caucus in Congress. That should tell you how messed up America is.


No, it should tell you how bad it can be to base things on a simple line from far left to far right. That oversimplifies and doesn't tell half the story. It's something that's messed up in every country that uses the far left to far right political spectrum line.
 
2012-04-23 11:34:12 AM  
1) someone being accurate when they say, "the socialist won"
 
2012-04-23 01:06:46 PM  
OMG SO MANY SOCIALISMS!!!!11!!!1!1!!11!!111!!!!!1111!!!1!1!!!!!1!!!
 
2012-04-23 01:37:32 PM  
100 percent tax rate???
That seems a bit...steep.
 
2012-04-23 01:38:43 PM  
Marine Le Pen, the candidate of the far-right National Front who got 20 percent of the vote on Sunday, largely appealed to voters by stirring up fears of foreigners taking French jobs, terrorism and euro-bashing.

It's interesting how even in France the right-wing female politicians always have to be "sexy".
 
2012-04-23 01:41:47 PM  

Slaxl: Serious Black: 5) Even the far right is against free enterprise.

The far right political party in France is further to the left than our furthest left political caucus in Congress. That should tell you how messed up America is.

No, it should tell you how bad it can be to base things on a simple line from far left to far right. That oversimplifies and doesn't tell half the story. It's something that's messed up in every country that uses the far left to far right political spectrum line.


You should be able to vote for three Presidents:

- President (Commander-in-Chief) for foreign policy, security and defence.

- President Budget/Taxation/Program Spending

- President Domestic Policies, Social issues and Law Enforcement

Something smarter than pro-lifer/tax cutter/war hawk versus abortion lover/tax raiser/appeaser
 
2012-04-23 01:44:22 PM  
Serious Black


5) Even the far right is against free enterprise.

The far right political party in France is further to the left than our furthest left political caucus in Congress. That should tell you how messed up America is.



Actually, it is comments like this that tells us how messed up Americans are.


/viva la revolucion
 
2012-04-23 01:45:46 PM  
1) Unadulterated bashing of the financial industry.

You hear that all the time in US politics

2) Very high taxes on the wealthy.

True, in the US we allow people to keep the money they've worked their entire life to earn

3) Competition over who can pass stricter financial regulation.

Good point, we should do more of this

4) Policies to limit CEO pay.

In the US, we think people who work in the private sector and have no government involvement with their company should be allowed to negotiate whatever terms they wish for their employment.

5) Even the far right is against free enterprise.

Unlikely. The article conflates Frances far-right social conservative party with their far right fiscal conservative party.
 
2012-04-23 01:46:19 PM  
We needed a news article to tell us that France is socialist?
 
2012-04-23 01:46:48 PM  
Things that are the same:

"Too many muslims"
 
2012-04-23 01:49:40 PM  

doczoidberg: 100 percent tax rate???
That seems a bit...steep.


Agreed. But I can support this: "Hollande has proposed subjecting all income above $1.34 million to a 75 percent tax."
 
2012-04-23 01:50:04 PM  

PowerSlacker: We needed a news article to tell us that France is socialist?


The socialist presidential candidate hasn't won since 1981 (although looks like he will this time).
 
2012-04-23 01:50:57 PM  

Lost Thought 00:

4) Policies to limit CEO pay.

In the US, we think people who work in the private sector and have no government involvement with their company should be allowed to negotiate whatever terms they wish for their employment.


So all companies that derive direct benefit from the government (government contractors, companies that get specific tax breaks, companies whose market share is protected by legislative barriers to entry (booze industry), etc are all fair game to CEO salary caps?
 
2012-04-23 01:51:08 PM  

Mike Chewbacca: doczoidberg: 100 percent tax rate???
That seems a bit...steep.

Agreed. But I can support this: "Hollande has proposed subjecting all income above $1.34 million to a 75 percent tax."


what's the point of making any money then? As soon as you hit that tax bracket you're poor again
 
2012-04-23 01:52:09 PM  

The Evil That Lies In The Hearts Of Men: Lost Thought 00:

4) Policies to limit CEO pay.

In the US, we think people who work in the private sector and have no government involvement with their company should be allowed to negotiate whatever terms they wish for their employment.


So all companies that derive direct benefit from the government (government contractors, companies that get specific tax breaks, companies whose market share is protected by legislative barriers to entry (booze industry), etc are all fair game to CEO salary caps?


Let's not forget companies that were bailed out under TARP.
 
2012-04-23 01:52:26 PM  
FTA: Melenchon, for his part, had been demanding a 100 percent tax on any income over $500,000 per year.

What a farking idiot.
 
2012-04-23 01:52:41 PM  
6) the French language
 
2012-04-23 01:52:56 PM  

SoCalSurfer: Mike Chewbacca: doczoidberg: 100 percent tax rate???
That seems a bit...steep.

Agreed. But I can support this: "Hollande has proposed subjecting all income above $1.34 million to a 75 percent tax."

what's the point of making any money then? As soon as you hit that tax bracket you're poor again


Is it time for another lesson about how tax brackets work?
 
2012-04-23 01:52:57 PM  

Mike Chewbacca: doczoidberg: 100 percent tax rate???
That seems a bit...steep.

Agreed. But I can support this: "Hollande has proposed subjecting all income above $1.34 million to a 75 percent tax."


How can you expect someone to live on just $1.34 million???!?!
 
2012-04-23 01:53:05 PM  
6) Bof!
 
2012-04-23 01:53:08 PM  

Lost Thought 00: In the US, we think people who work in the private sector and have no government involvement with their company should be allowed to negotiate whatever terms they wish for their employment.



I think an acceptable regulation would be to forbid "cross-pollination" of executive compensation boards. Make the executives negotiate with more objective strangers instead of permitting quid pro quo arrangements with their golfing buddies.
 
2012-04-23 01:53:10 PM  

Lost Thought 00: 1) Unadulterated bashing of the financial industry.

You hear that all the time in US politics


Not from elected officials, you don't.
 
2012-04-23 01:54:42 PM  
7.) Jerry Lewis is a comedic genius.
 
2012-04-23 01:54:53 PM  
 
2012-04-23 01:55:30 PM  

Mike Chewbacca: doczoidberg: 100 percent tax rate???
That seems a bit...steep.

Agreed. But I can support this: "Hollande has proposed subjecting all income above $1.34 million to a 75 percent tax."


I disagree.

I actually believe in a Laffer Curve of some sort. 75% is too high a tax rate, IMHO, both for "Laffer" reasons and for public policy reasons (the rich don't need to be completely beaten to death by taxes). A top rate of 45% or so on all sources of income would be my preference (as opposed to the current US rate of 35% for income and 15% for investments).
 
2012-04-23 01:56:26 PM  

The Evil That Lies In The Hearts Of Men: So all companies that derive direct benefit from the government (government contractors, companies that get specific tax breaks, companies whose market share is protected by legislative barriers to entry (booze industry), etc are all fair game to CEO salary caps?


Maybe, maybe not. But at least it would theoretically be legal for the government here to enact such regulations, whereas a general cap, as proposed in france, would be unconstitutional.

blackminded: Lost Thought 00: 1) Unadulterated bashing of the financial industry.

You hear that all the time in US politics

Not from elected officials, you don't.


Sure you do. Listen to Al Frankin sometime. However they never actually act on the words
 
2012-04-23 01:57:05 PM  

Lost Thought 00: 4) Policies to limit CEO pay.

In the US, we think people who work in the private sector and have no government involvement with their company should be allowed to negotiate whatever terms they wish for their employment.


Considering that if you RTFA instead of the bold parts, it specifically says "Hollande wants to limit the pay of CEOs at state-owned companies", im not sure what that non sequitor has to do with anything at all..
 
2012-04-23 01:58:08 PM  

DarnoKonrad: 6) the French Freedom language


FTFY.
 
2012-04-23 01:58:25 PM  

Cubicle Jockey: I think an acceptable regulation would be to forbid "cross-pollination" of executive compensation boards. Make the executives negotiate with more objective strangers instead of permitting quid pro quo arrangements with their golfing buddies.


Are you suggesting that the fix is in and that executive compensation is not set through fair negotiation with an "employer"? But...but..but... the free market!

/Someone get me my smelling salts.
 
2012-04-23 01:59:10 PM  
8) the rustle of garlic around the neck of a bicyclist returning from the shops, baguettes in the basket.
 
2012-04-23 02:00:56 PM  
I can see we're going to have to France's chestnuts from the fire again real soon. Sigh.
 
2012-04-23 02:02:32 PM  
Big deal, who wants to live in France anyway?

/Actually, my wife would love to live in France.
 
2012-04-23 02:06:27 PM  
Hollande, meanwhile, wants to go even further, separating retail and investment banking, banning "toxic" financial products, and preventing French banks from operating in tax havens.

Glass-Steagal and regulating derivatives and closing tax loopholes.

I like the cut of this guy's jib.

Centuries ago, when western economies started getting too top-heavy, it was France that led the way. Just sayin...
 
2012-04-23 02:07:02 PM  

mrshowrules: Slaxl: Serious Black: 5) Even the far right is against free enterprise.

The far right political party in France is further to the left than our furthest left political caucus in Congress. That should tell you how messed up America is.

No, it should tell you how bad it can be to base things on a simple line from far left to far right. That oversimplifies and doesn't tell half the story. It's something that's messed up in every country that uses the far left to far right political spectrum line.

You should be able to vote for three Presidents:

- President (Commander-in-Chief) for foreign policy, security and defence.

- President Budget/Taxation/Program Spending

- President Domestic Policies, Social issues and Law Enforcement

Something smarter than pro-lifer/tax cutter/war hawk versus abortion lover/tax raiser/appeaser


Do you know who else had a triumvirate?

/or do mean a troika comrade?
 
2012-04-23 02:08:40 PM  
The French people have a long history of getting rid of their thieving nobility. Just reining the capitalist class in a bit is pretty slack in French terms, and awfully generous.
 
2012-04-23 02:09:25 PM  

Geotpf: Mike Chewbacca: doczoidberg: 100 percent tax rate???
That seems a bit...steep.

Agreed. But I can support this: "Hollande has proposed subjecting all income above $1.34 million to a 75 percent tax."

I disagree.

I actually believe in a Laffer Curve of some sort. 75% is too high a tax rate, IMHO, both for "Laffer" reasons and for public policy reasons (the rich don't need to be completely beaten to death by taxes). A top rate of 45% or so on all sources of income would be my preference (as opposed to the current US rate of 35% for income and 15% for investments).


But, then how would you derive any satisfaction from sticking it to The Man?
 
2012-04-23 02:09:26 PM  
French voters know what they want, and deserve to get it good and hard.


(With apologies to H. L. Mencken)
 
2012-04-23 02:11:31 PM  

Rapmaster2000: Marine Le Pen, the candidate of the far-right National Front who got 20 percent of the vote on Sunday, largely appealed to voters by stirring up fears of foreigners taking French jobs, terrorism and euro-bashing.

It's interesting how even in France the right-wing female politicians always have to be "sexy".


upload.wikimedia.org

Quoi?
 
2012-04-23 02:12:04 PM  
Pincy

Big deal, who wants to live in France anyway?

/Actually, my wife would love to live in France.



I heard she was familiar with the French Tongue.
 
2012-04-23 02:13:37 PM  

Lost Thought 00: 1) Unadulterated bashing of the financial industry.

You hear that all the time in US politics


Really? You hear things like this all the time in this country? "Let me tell you who my rival is. It does not bear a name or have a face, it's the finance industry. In the past twenty years, the financial industry has taken control of our societies, of our lives and threatens our states."

No, you don't hear those things in US politics. Stop the hyperbole. I know those crazy liberals scare the shiat out of you, but try to stay rational.

2) Very high taxes on the wealthy.

True, in the US we allow people to keep the money they've worked their entire life to earn


Ahh, so you think the wealthy created their wealth in a vaccuum? Just fabricated it with their good genes and trust funds? Don't be daft, the vast majority of all wealth is built on the backs of other people, prior generations and *gasp* a stable government that provides able infrastructure and a regulatory environment that keeps us from living in squalor and working as slaves 24/7. I'm not sure if you're from this country or not, but the money that the evil government takes from our paychecks is the same money that lets you operate your life on a daily basis. But keep cheerleading for the Koch brothers, I'm sure someday they'd love for you to play catcher.

3) Competition over who can pass stricter financial regulation.

Good point, we should do more of this


Agreed. Financial regulation needs to be effective, without hindering business too much. I'm guessing your comment was snark and you'd like to see it removed altogether.

4) Policies to limit CEO pay.

In the US, we think people who work in the private sector and have no government involvement with their company should be allowed to negotiate whatever terms they wish for their employment.


There is no company in the United States that has "no government involvement". What the hell does this even mean? You sound like Ayn Rand & Ron Paul's butt baby. Can you show us with any benefit to society this would provide, or is this simply about "durrr, freedums!"?
 
2012-04-23 02:15:19 PM  
The BBC coverage of the 'National Front lost less badly than they ever have before' party picked up audio of Boney M's Rasputin.

I don't think I'd ever hear that in a US election.

/ The announcer pretty much had the same horrified, yet amused reaction I did
// 'National Front lost less badly than they ever have before' is still kind of horrifying
/// Ra Ra Rasputin
 
2012-04-23 02:17:39 PM  
5) Even the far right is against free enterprise.

No, that's pretty typical in the US too. They took'er jerbs!
 
2012-04-23 02:18:09 PM  
 
2012-04-23 02:20:46 PM  

DarnoKonrad: 6) the French language


I dunno. I seem to hear "laissez-faire" a lot during US election season...
 
2012-04-23 02:21:44 PM  

Snarfangel: Can American politicians be as passionate about nuclear power?

"We do not have the right to break with the political consensus of the last 65 years at the risk of destroying jobs in French industry. It's madness," the conservative president told workers at a glass factory in southern France. He said reducing nuclear power would be a "catastrophe."


At this point, nuclear power simply doesn't make economic sense. Natural gas is insanely cheap right now.
 
2012-04-23 02:22:47 PM  
Very high taxes on the wealthy; caps on CEO pay: is anyone else feeling a bit turned on?
 
2012-04-23 02:23:14 PM  
jigger


5) Even the far right is against free enterprise.

No, that's pretty typical in the US too. They took'er jerbs!


No:

Republicans believe free enterprise has brought economic growth and innovations that have made this country great. Government should help stimulate a business environment where people are free to use their talents.

Democrats believe that the economy is too complicated for individuals to navigate alone. They believe that business decisions should be guided by government officials and in the best interest of labor unions.
 
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