Tag: Politics of Europe

The British people have spoken…

To be honest with you, I doubted every poll that showed that Britian would choose to remain in the UE simply because of all the water carrying by the usual lefitst big government types, and now that the only poll that counts has been taken, the results back my suspicions. By a 52 to 48 margin, those that voted chose to pull out of the EU. As was expected, there are both financial, and political impacts, but my favorite one is that the fucking scumbags were, yet again, on the wrong side of history. I don’t have to point out that all the people that said the other guy was in thw wrong, will now have to eat some crow.

As others pointed out during some chats in comments in other threads, this might not be a great thing for the British people. After all, they could simply be trading an unaccountable corrupt and totally inept political aritocracy in Brussels for one locally, with not much changing, but then again, I think the EU has been the prime example of what is wrong with collectivism gone haywire, and thus, I am glad to see that institution crumble and fall. Basically I see the Brexit vote as the people finally rebelling against a disconnected and abusive political ideocracy that has turned their lives into a miserable thing while pretending to do them right. And I admit I am not surprised by it. The political leadership around the globe today is basically a bunch of criminal idiots and unlike politicians of the past, no longer offer any real service in return for being able to feed at the trough.

Hey, speaking of a revolt against the political class: where else are we seeing something like that? Keep that in mind whenever you hear how bad Trump’s numbers are. The political aristocracy and their lackeys in the media have a vested interest in convincing people that Trump is DOA. Take that for what it is worth.

UPDATE: Oh, oh….

Voters in France, Italy and the Netherlands are demanding their own votes on European Union membership and the euro, as the continent faces a “contagion” of referendums.

EU leaders fear a string of copycat polls could tear the organisation apart, as leaders come under pressure to emulate David Cameron and hold votes.

It came as German business leaders handed a considerable boost to the Leave campaign by saying it would be “very, very foolish” to deny the UK a free trade deal after Brexit.

Get out of it, then form a trade pact so you are not getting screwed by the crooks in Brussels sounds like a smart thing to me…

The French Back Down

When new French Socialist President Francois Holland raised marginal tax rates on the rich to 75%, the response was utterly predictable. Rich people decided to abandon France including national icon Gerard Depardieu (you can read Depardieu’s wonderful letter here).

Well, the French may have gotten the message:

France’s constitutional council has struck down a top income tax rate of 75% introduced by Socialist President Francois Hollande.

Raising taxes for those earning more than 1m euros (£817,400) has been a flagship policy for Mr Hollande.

The policy angered France’s business community and prompted some wealthy citizens to say they would emigrate.

Mr Hollande’s government said it would rework the tax, due to take effect in 2013, to meet the council’s complaints.

Welcome to the 21st century, comrades. Capital and wealth is mobile, infamy is instant and social rebellions can take place in days. I’m sure Hollande really thought he was going to get this done without any problems. And twenty years ago, he might have. But not today. Today, he had to back down almost immediately.

In fairness, the council is harping on what they see as a legal flaw, not the outright stupidity of it. But it just shows you what a poorly thought-out money grab this was. And, as time goes on, I’m sure more flaws will be found so that the French government can back away from this dreadful policy.