In response to:

Keep Working America, France is Depending on You

Joe1864 Wrote: May 07, 2012 6:52 PM
All we need to do is take 75 cents on the dollar on everything over $1M that rich people make. Then we give that money to the poor people and everything will be fine. It will be just like one of those perpetual motion machines that I built in my garage. It just goes on forever with no power source. There will always be enough money to take from the rich to give to the poor. It will never end. It will be heaven on earth. Why can't people understand that?

Over the weekend, socialist French President Nicolas Sarkozy lost to mega-socialist Francois Hollande. Hollande vowed to increase taxes on the "rich" by 75 percent, lower the retirement age and increase government spending, putting France on a direct path towards Greece which means bailouts on the backs of American taxpayers.

The election results leave in question what happens now to the eurozone and its debt crisis. France is a key player in plans to navigate it. And Greece is a recipient of bailout by the European Central Bank that requires the government to slash spending.

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