Skip to comments.
France 'totally bankrupt', says labour minister Michel Sapin
Telegraph UK ^
| 28 January 2013
| Graham Ruddick
Posted on 02/05/2013 5:10:53 PM PST by Lorianne
Michel Sapin made the gaffe in a radio interview, which left French President Francois Hollande battling to undo the potential reputational damage.
There is a state but it is a totally bankrupt state, Mr Sapin said. That is why we had to put a deficit reduction plan in place, and nothing should make us turn away from that objective.
The comments came as President Hollande attempts to improve the image of the French economy after pledging to reduce the countrys deficit by cutting spending by 60bn (£51.5bn) over the next five years and increasing taxes by 20bn.
(Excerpt) Read more at telegraph.co.uk ...
TOPICS: Business/Economy; Government
KEYWORDS: france; francebankrupt
posted on 02/05/2013 5:11:03 PM PST
France is fiscally AND morally bankrupt
posted on 02/05/2013 5:13:15 PM PST
(The 2nd amendment is NOT about hunting-but protection from a tyrannical govt)
Michel Sapin made the gaffe in a radio interview...
Speaking the truth - even unintentionally - is not a gaffe.
posted on 02/05/2013 5:16:07 PM PST
by Mr. Jeeves
To: Mr. Jeeves
Actually, I think that is the definition of a gaffe. Telling the truth inadvertently, and thereby piercing the veil of the fantasies put forth by governments to maintain their power.
posted on 02/05/2013 5:23:30 PM PST
Data from Banque de France showed earlier this month that a flight of capital has already left the country amid concerns that Frances Socialist leader intends to soak the rich and businesses. The actor Gérard Depardieu has renounced his French citizenship and decamped to Russia in protest, while David Cameron said Britain will roll out the red carpet to attract wealthy individuals.
Choices have consequences....
posted on 02/05/2013 6:01:30 PM PST
(What EVIDENCE justified blaming Benghazi on... an obscure video? Freeper TexasVoter)
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson