Socialist French President Hollande just can’t seem to catch a break

posted at 1:21 pm on April 9, 2013 by Erika Johnsen

Socialist French President Francois Hollande’s approval rating has been dropping precipitously since he was elected last spring, recently hitting a French 30-year low of 27 percent. He’s only been in office for eleven months, but the economy is stalling out, he’s bungling his anti-austerity pledges, and unemployment is above 10 percent:

The Bank of France forecast on Tuesday that the French economy posted growth of 0.1 percent in the first quarter of 2013, in line with its estimates, meaning that the euro zone’s second largest economy will have narrowly averted recession after its economy contracted by 0.3 percent in the last quarter of 2012.

But such low growth could lead France’s government to miss its budget deficit targets, which are based on growth of 0.8 percent this year.

The news came on top of widening trade and budget deficits in February and a decline in business confidence in the services sector, according to a monthly survey.

So odd that Socialism-with-a-captial-S hasn’t helped get the French economy back on track, no? But to make matters worse, Hollande’s promise to run an “exemplary republic” was exploded by the oh-so-dramatic confession from one of his former cabinet members. Last month, his budget minister resigned and he has now officially been placed under formal investigation for alleged tax fraud after he admitted that he’s had a secret Swiss bank account for 20 years to save some of his money from the French taxman. Mon Dieu!

The incident hasn’t helped the widespread impression of a corrupt national government, and Hollande is scrambling to salvage his image — his entire Socialist administration is going to have to lay bare their worldly possessions, and they’re crafting a bill for enforcing ‘ethics’ in politics:

The scandal has floored Mr Hollande, already suffering record low approval ratings, and threatens to undermine his efforts to tackle a stalled economy and rising unemployment.

In a bid to regain the initiative, Jean-Marc Ayrault, prime minister, announced that the government would draw up later this month new legislation to stiffen laws on ethical standards for elected officials and the campaign against tax fraud and tax havens.

In the meantime, he said all ministers would be required to supply by April 15 a statement of their wealth and assets, to be published online by the government.

Offshore bank accounts, hoisting Socialists on their own petards? Quelle horreur!


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Nothing some higher taxes, more regulations, and more third world immigration won’t cure.

jukin3 on April 9, 2013 at 1:25 PM

Heh, will Obama get new dog?

Schadenfreude on April 9, 2013 at 1:25 PM

Meh. He created it and stepped in it. Its up to him to clean it up. If he can’t or won’t, he deserves no breaks.

hawkeye54 on April 9, 2013 at 1:27 PM

How could it get any worse for this guy?

Easy!

pilamaye on April 9, 2013 at 1:28 PM

Obama is responsible for the same things here. So it stands to reason that if Hollande was half black, his approval would be much higher.

The Rogue Tomato on April 9, 2013 at 1:28 PM

Enlightened self-interest strikes again.

Mohonri on April 9, 2013 at 1:28 PM

Heh, will Obama get new dog?

Schadenfreude on April 9, 2013 at 1:25 PM

I would be much more interested in stories about Obama eating a snake. Unlike the dog-eating meme, this one is likely true – just in a different, ahem, sense.

Archivarix on April 9, 2013 at 1:28 PM

Offshore bank accounts, foisting Socialists on their own petards?

Shouldn’t that be hoisting, not foisting?

steebo77 on April 9, 2013 at 1:29 PM

Archivarix on April 9, 2013 at 1:28 PM

It’s about a dead camel.

Obama eating the dog is not a meme. He wrote about it himself.

He also ate snake. He wrote about that too.

Schadenfreude on April 9, 2013 at 1:31 PM

Then there’s this….

http://www.zerohedge.com/news/2013-04-09/charles-gave-france-brink-secondary-depression

“Secondary Depression” sounds much, much worse than “Primary Depression”

Defenestratus on April 9, 2013 at 1:32 PM

Nothing some higher taxes, more regulations, and more third world immigration won’t cure.

jukin3 on April 9, 2013 at 1:25 PM

Throw in evolving on SSM and gutting civil rights and you’ve got a certain rat-eared devil we all know and many of us hate.

Happy Nomad on April 9, 2013 at 1:36 PM

I will go to France.

- Rat-ears.

OhEssYouCowboys on April 9, 2013 at 1:39 PM

Some animals are more equal than others, especially in the land of liberté, égalité, et fraternité.

Resist We Much on April 9, 2013 at 1:39 PM

Happy Nomad on April 9, 2013 at 1:36 PM

HN, I think that you coined rat-eared, re: the Commie. If not, well, I associate you with the term.

Anyway, I love it, and I just used it.

If you’ve copyrighted it – I could send you a penny, or just go to my Chinese sources and use it for free.

:OP

OhEssYouCowboys on April 9, 2013 at 1:41 PM

“Secondary Depression” sounds much, much worse than “Primary Depression”

Defenestratus on April 9, 2013 at 1:32 PM

Well, considering it is the kill shot after the wounding, yeah it is much worse. But little about death spirals are good.

Happy Nomad on April 9, 2013 at 1:42 PM

Socialist French President Francois Hollande’s approval rating has been dropping precipitously since he was elected last spring….,

….the economy is stalling out, he’s bungling his anti-austerity pledges, and unemployment is above 10 percent

Even socialists get tired of socialism after awhile.

..all ministers would be required to supply by April 15 a statement of their wealth and assets, to be published online by the government.

Gotta know where it is before it can be confiscated.

BacaDog on April 9, 2013 at 1:45 PM

BREAKING:

French government orders Paris cake factories to run non-stop; begins to stockpile cake on military bases.

“The people gotta eat”

BobMbx on April 9, 2013 at 1:45 PM

Obama eating the dog is not a meme. He wrote about it himself.

He also ate snake. He wrote about that too.

Schadenfreude on April 9, 2013 at 1:31 PM

I know, bro. And while the dog-eating is likely nothing but Bill Ayers’ exaggeration for extra “coolness”, I’m sure that Obama did eat a snake – IYKWIMAITYD.

Archivarix on April 9, 2013 at 1:48 PM

tax fraud

A la Treasury Secretary “Turbo Tax Tim” Geithner…

ITguy on April 9, 2013 at 1:49 PM

President Francois Hollande should have requested a chat with the Iron Lady before she passed. She could have taught that socialist a thing or two about reality.

HotAirian on April 9, 2013 at 1:50 PM

The vitriol that the Iron Lady has received lately indicates its not socialism that the French dislike about Hollande. It’s paying for the socialism that they don’t like. Too stupid to connect those dots, they are.

Carnac on April 9, 2013 at 1:59 PM

especially in the land of liberté, égalité, et fraternité.

Resist We Much on April 9, 2013 at 1:39 PM

Heh, they have neither, nor ever did.

Schadenfreude on April 9, 2013 at 2:09 PM

LOL!! And the hits just keep on coming!!

abobo on April 9, 2013 at 2:11 PM

Over the years(don’t ask how),

i have eaten dog,cat,moose elk,bison,snake,frog etc.

THEY ALL Taste like chicken

gerrym51 on April 9, 2013 at 2:11 PM

THEY ALL Taste like chicken

gerrym51 on April 9, 2013 at 2:11 PM

I’m guessing you have no sense of smell (which is where most of the flavor comes from).

The Rogue Tomato on April 9, 2013 at 2:13 PM

Socialist French President Francois Hollande’s approval rating has been dropping precipitously since he was elected last spring, recently hitting a French 30-year low of 27 percent. He’s only been in office for eleven months, but the economy is stalling out, he’s bungling his anti-austerity pledges, and unemployment is above 10 percent:

The Bank of France forecast on Tuesday that the French economy posted growth of 0.1 percent in the first quarter of 2013, in line with its estimates, meaning that the euro zone’s second largest economy will have narrowly averted recession after its economy contracted by 0.3 percent in the last quarter of 2012.

But such low growth could lead France’s government to miss its budget deficit targets, which are based on growth of 0.8 percent this year.

The news came on top of widening trade and budget deficits in February and a decline in business confidence in the services sector, according to a monthly survey.

Former President Nicolas Sarkozy is not surprised.
La gauche entraine la debauche–The left always brings scandal.

When will the French ever learn? They haven’t learned anything since Mitterrand!

Steve Z on April 9, 2013 at 2:18 PM

Inky-Dinky-Parlee-Phooey!

pilamaye on April 9, 2013 at 2:23 PM

I love how the French seem to believe American politicians are already subject to public scrutiny of their finances. So quaint!

Where did the Clintons get their nearly hundred millions of dollars? Where did Chelsea get the $10 million she recently spent on an apartment? Where did TurboTax Timmy get the money to pay off his past-due taxes? Same for Charlie Rangel? Speaking of Charlie Rangel, where did he get the dough to buy a place in Punta Cana? Hello, Bob Menendez? Chris Dodd?

Obviously, American politicians are crooked on a major league scale. Financial disclosure rules don’t work either, so save yourself the trouble Francois.

MTF on April 9, 2013 at 2:38 PM

Don’t see what the problem is. Socialists, like all liberals, make laws FOR OTHERS TO FOLLOW.

Being of the ‘elite’, they have different rules for themselves.

GarandFan on April 9, 2013 at 2:39 PM

Did anyone walk a mile for that camel?

The Rogue Tomato on April 9, 2013 at 2:44 PM

“…his budget minister resigned and he has now officially been placed under formal investigation for alleged tax fraud after he admitted that he’s had a secret Swiss bank account for 20 years to save some of his money from the French taxman.”

The french are such AMATEURS!!!!! =>

OBOZO’s first incompetent Treasury Sec., tiny tim geither, was a certified TAX CHEAT.

OBOZO’s second even more incompetent Treasury Sec., jack lew, stashes MILLIONS in his Cayman Island accounts to hide his money from the public (and the IRS which he now controls).

TeaPartyNation on April 9, 2013 at 4:00 PM

It.Fails.Every.Time.

tom daschle concerned on April 9, 2013 at 4:01 PM

So odd that Socialism-with-a-captial-S hasn’t helped get the French economy back on track, no?

It’s obvious he wasn’t socialist enough! /

squint on April 9, 2013 at 4:49 PM

..all ministers would be required to supply by April 15 a statement of their wealth and assets, to be published online by the government.

Less than one full week to pack everything that can be moved, sell or abandon what can’t, empty your bank accounts, take one last tour of everywhere you have fond memories, gather family/friends that can come and have to leave the rest, try to navigate the legal bird’s nest of emigrating in a hurry…oh yes, and finding somewhere that won’t promptly hand you back to the land you fled from.

The creeping horror of socialism come to fruition and you’re right in the crosshairs. Lord have mercy. You’d have to put a pistol to my head to make me switch places with one of those ministers right now.

MelonCollie on April 9, 2013 at 9:22 PM