Tag Archives: elections

News

EU Election Results: Eurosceptic and Far Right Parties Make Gains

As the results from the European Union Elections are now in it shows gains across Europe for Eurosceptic and right wing parties.

In France Marie Le Pen’s National Rally won the biggest share of the French vote with 23.3% of the vote where as the French President’s La République en Marche came second with 22.4%.

In Italy the leading party was also the Far-Right League, they have seen a huge surge in support for their uncompromising stance on illegal immigration.

In the UK Nigel Farage’s Brexit party stormed to victory with 31.6% of the vote, with the Conservative and Labour party suffering heavily. The result is seen as anger at the UK parliament’s failure to deliver on Brexit.

Across Europe Green parties also saw a significant rise in support, this is thought to be driven by younger voters.

Read More: France 24

Politics

French President says Nationals are a Risk as Europe Heads Votes

As voting is underway in the EU elections the French President Emmanuel Macron has urged voters to vote for pro-EU parties. However in France the French national party led my Marie Le Pen is ahead in the polls.

Macron says nationals are an “existential risk”.  Macron’s globalist-progressive La République En Marche is seeking to bring fourth the next stage of the European project, and sees the popularity of right wing anti-EU parties a risk to this vision.

Across Europe Eurosceptic parties are on the rise, and are on course to do well in the European Parliamentary elections.

Read More: Breitbart

News, Politics

CONSERVATIVES SURPRISE WIN IN UK ELECTIONS

In the UK elections, the Conservatives led by David Cameron, were elected by a landslide victory with a clear majority in the House of Commons.

The result was unseen by exit polls and journalists alike, who had predicted a close race between Labour and the ruling Conservatives. All media talk prior to election day was about coalition government, though neither main party would be drawn on who they would work closely with, in the event of a hung parliament.

Casualties of the day turned out to be the Labour Party especially in Scotland, the Liberal Democrats and UKIP (the UK Independence Party), who all suffered major loses.  The Scottish National Party (SNP), who recently lost but did well in the Scottish referendum last September, gained all the Scottish seats except 3, to form the 3rd largest party in the UK parliament.

Leaders Ed Miliband (Labour) and Nick Clegg (Liberal Democrats) immediately resigned as a result of the election night results and new leaders will be elected shortly.  Meanwhile, David Cameron (Conservative) continues to run the country, unopposed, for a further five years.

READ MORE……

News

Obama did not ‘underperform’: we saw the real man – Telegraph Blogs

2 Comments

 

President Obama

 

By Thomas Pascoe Economics Last updated: October 4th, 2012

Barack Obama was dreadful in the first presidential debate. He seemed confused and hesitant; his thoughts were incoherent.

There seems to be confusion among the Left as to how this could have happened. How could such a celebrated orator underperform? The answer is simple: Obama did not underperform.

Mr Obama is in the midst of an election campaign he is attempting to win without policies. He claims he will cut debt despite having ruled out reductions to the most significant area of spending, welfare entitlements. He wants to avoid war in the Middle East, which is commendable, but not, in itself, a policy. He is against a “war on women”, he is against the Boy Scouts of America banning gays. This isn’t anywhere close to being a prospectus for governing the world’s most important country through a period of crisis – it’s a manifesto for election to a student union.

The argument has always been that we should not expect Mr Obama to share his innermost thoughts with us. The man, so we are told, is such an intellectual giant that we would not understand him if he did.

That is one explanation. The other is that Mr Obama’s intellectual development froze around the time he first encountered socialism. He is exceptionally good at reading out from a teleprompter, be that on the campaign trail or when addressing an audience of 12-year-olds. When he is left to articulate complex thoughts of his own, he fails.

The fact is that Mr Obama has a talented, cynical team around him who have been succesful in constructing a narrative in which Mr Romney is a comic villan who wants to ruin the poor and open windows on aeroplanes. Stripped of these people, he has no memorable policies and very few discernible convictions. The emptiness we saw on Wednesday was the real thing.

via Obama did not ‘underperform’: we saw the real man – Telegraph Blogs.

News

Market initially rally, but Slump Amid Spanish Debt Fears

After the conservative victory in the Greek election the markets rallied at the opening of trading. However, they soon began to fall again- worries about Spain’s economic position dominating trading.

Spain’s borrowing costs are now so high they are finding themselves locked out of the debt markets. This is despite a bailout of their banking system.

Read more at The Telegraph

News

Could the Euro Break Up?

Markets continue to tumble across the globe, as the Euro crisis deepens. Since the election in Greece, no new coalition government has been formed, so no agreement reached on the austerity cuts to satisfy agreements with euro partners. The German Chancellor has now told Greece, if they do not stick to their bailout agreements, they will be expelled from the Euro.

In Greece 70% voted for parties against the EU-IMF imposed austerity, but 69% of Greeks want to remain in the Euro. A leaked report has shown that Germany are drawing up plans for a Greek exit from the Euro.

But this has significant dangers:

  •  If Greece goes – will Italy, Spain, Portugal and Ireland want to follow?
  • What happens to the greek debt? It’s in Euro’s not drachma, ….Greece’s creditors would loose billions.
  • The European banking system is already on it’s knees, Greece’s exit could see major banks across Europe collapse.
News

Greece Could Fall in Days as There is a Run on the Banks

Greece have set the date for re-run of elections of June 17th. The recent Greek elections ended in chaos, with none of the parties able to form a workable coalition. However, the new fear is that Greece will not make it to June 17th.

Since the failed elections Greeks have been taking what money they can out of the banks. Companies are moving their money overseas, as fear grips the nation. If this continues, the country will run out of cash and the system will collapse.
If that happens, then Greece will exit the Euro in an un-orderly fashion. Some economists say a Greek exit could cost $ 1 Trillion. The contagion in the markets would likely result in Italy and Spain failing shortly after.

News

Is the Socialist Hollande More Economically Compatible than Sarkozy

1 Comment

Americans and Europeans are not so different after all.
Obama is promising the same as Hollande has promised the French, and it won Hollande an election.
Free entitlements and high taxes on the rich.
Both Hollande and Obama argue that if you build up the public sector, you will stimulate the economy.
That is not exactly correct.
Some government funded programs will do that:
– Government investment in infrastructure
– High speed internet.
– Quality education
These help the economy, because they support private enterprise.
Taxing your job creators at 75%, like Hollande wants to do, does not support business and does not stimulate the economy.
and having the government do everything for you, does not stimulate growth …… it leads to bankruptcy.
Former British Prime Minister Margaret Thatcher said “socialism fails when you run out of other people’s money”

Politics

Greece: Chaotic Mess Results from the Country’s Election

The two leading parties in Greece have seen their support plummet and are unable to form a coalition, with 70% of the of the electorate voting for parties who are against the EU/IMF bailout.
The recession in Greece has seen the Greek GDP shrink by 13% in two years, many believe the harshness of the EU imposed austerity is to blame for the depth of the recession.
Furthermore unemployment is sitting at 21% and climbing, with official poverty levels in Greece at 27.7%.
The Greek people are desperate for change, but some economists have warned an exit from the Euro would result in an 80% reduction in the Greek standard of living.
Greece is a comparatively young democracy, and was ruled by a military junta until 1974.
The far left and far right are growing in popular support.
For a nation hurting and feeling humiliated these are tense times.
If the politicians cannot form a workable coalition another election in June will be required.
The uncertainty, along with the French election vote, has resulted in turmoil in the European markets, and has destabilised the situation further in Portugal and Spain.
Also in Europe in the past week the Dutch and Romanian governments collapsed with their politicians unable to agree to the necessary austerity measures.
If Greece pull out of the EU/IMF bail out and default on their debts, the domino affect would cause an economic tsunami across the globe.
With the Greek economy the size of Minnesota, that may sink the rest of Europe and by consequence America.

Opinion

Why Americans Should Hope that Nicolas Sarkozy Gets Re-Elected

If Sarkozy were to loose the Presidential elections on May 6th, which looks highly likely, should we care?

Sarkozy has been more pro-American than your average French President. He played a vital role in European diplomacy with Germany, helping broker many key pieces of legislation, often at a personal political cost domestically.

Sarkozy has also brought France back into the NATO fold, and stopped French opposition to US policy in the Middle East. Sarkozy also lead the international community in the fight against the Gaddafi regime.

So if Sarkozy looses the election it is likely France will distance herself from Germany’s policy on Europe, and it is likely France will again oppose US policy in the Middle East. And in these important days both measures could have serious implications to America.