A Socialist Wins The French Presidency, And Greece Is Likely To Quit The Eurozone

In votes across France and Greece over the weekend – Europeans sent a very clear message to the technocrats and banksters choking them with trickle-down austerity.  That message was, “No more!”  In France – Socialist candidate Francois Hollande – who campaigned against austerity – defeated Conservative President Nicholas Sarkozy in elections on Sunday.  In his victory speech, Hollande told the French people that “austerity can no longer be the only option” and that his mission is to now, “give the European project a dimension of growth, employment, prosperity…and a future.”

Already – Hollande’s pro-growth agenda has received support from other European leaders and could signal the beginning of the end of German-induced austerity in Europe.  The same is the case in Greece, where the two ruling parties supporting austerity only won 32% of the Sunday’s vote – as the Greek people instead opted for far-left and far-right parties that were opposed to more trickle-down austerity and bailouts.

Now – the future of Greece and the Eurozone is once again uncertain – as the Greek Parliament is unlikely to sign off on another round of bailouts next year to prevent Greece from defaulting and leaving the Eurozone.  Financial analysts in Europe are now putting the odds of a Greek exit from the euro at 75%.  Stay tuned – the battle between democracy and technocracy is just beginning.

Thom Hartmann
Thom Hartmann is a progressive nationally and internationally syndicated talkshow host (also simulcast as TV in 40 million homes by Dish Network/Free Speech TV), and New York Times bestselling, four-time Project Censored winning author of 24 books in print in 17 languages on five continents. Follow Thom on Twitter @Thom_Hartmann

TRNS News Notes- 7/31

House votes to sue Obama
“Stop just hating all the time!”
Gaza: “World stands disgraced”
Israel: “We don’t target civilians”

Lafayette Is Commissioned, The Start I Treaty, And Deval Patrick Turns 58

Here’s what happened today in American political history.

Click here for: Thursday, July 31

● Economy soars in “advance” estimate

● Americans benefit from government regulation

● Lawsuit accuses TSA of tax overcharges

● Clinton’s moneytalk tour

● Common blood thinners linked to surgery complications

House Authorizes Lawsuit Against Obama

Boehner

The lawsuit, passed in a party-line vote, charges that Obama has overstepped his constitutional authority and sidestepped congressional oversight.

Pentagon Has Sold Weapons To Israel Since Gaza Conflict Began

DoD Press Secretary said On July 20th Israel requested ammunition from the Pentagon, three days later the weapons “were therefore delivered to the Israeli Defense Force.”

Pentagon To Send DoD Advisors To Ukraine, Assessing Additional Support

The team will travel to Ukraine next week, compromising of 3-5 DoD civilians and contractors with expertise “to address their mid- and long-term needs through support for defense institution building, training, education, and other assistance.”