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

No comments yet.

Leave a Reply

Iran Nuclear Deadline Nears… Again

Will negotiators meet the March 31 deadline?

Assad: ISIL Is Expanding In Syria

And there have been 1,300 coalition airstrikes against ISIL targets in the country since last summer.

Obama Pays Tribute At Edward M. Kennedy Institute Opening

“What more fitting tribute, what better testament to the life of Ted Kennedy, than this place that he left for a new generation of Americans — a monument not to himself but to what we, the people, have the power to do together,” Obama said.

Connecticut To Halt State-Funded Travel To Indiana Over ‘Religious Freedom’ Bill

Dan Malloy

“When new laws turn back the clock on progress, we can’t sit idly by. We are sending a message that discrimination won’t be tolerated,” Gov. Malloy said.

Rep. Duckworth Announces Bid For Senate

Rep. Tammy Duckworth has announced her bid to run for Illinois Senate against GOP incumbent Sen. Mark Kirk

Tim Cook Blasts ‘Religious Freedom’ Laws In Op-Ed

Photo/ Lemagit via Flickr Creative Commons

“These bills rationalize injustice by pretending to defend something many of us hold dear. They go against the very principles our nation was founded on, and they have the potential to undo decades of progress toward greater equality,” Cook said.