Welcome to the APBWeb.
Results 1 to 4 of 4
  1. #1
    Terminator's Avatar
    Terminator is offline BANNED
    Join Date
    12-03-05
    Location
    None of your business
    Posts
    16,064
    Rep Power
    0

    France Prime Minister declares France is bankrupt

    France is bankrupt and can no longer afford to pay its workers generous salaries and subsidies, its prime minister has declared.
    Francois Fillon made the undiplomatic outburst during a trip to the French island of Corsica, where farmers were demanding more government money.

    "I am at the head of a state that is in a position of bankruptcy," he said.

    "I am at the head of a state that for 15 years has been in chronic deficit. I am at the head of a state that has not once passed a balanced budget in 25 years. This can't go on."
    Mr Fillon's government is due to announce the 2008 budget this week with a deficit of €41.5billion (£29billion).
    But his remarks drew immediate fire, both from within his own ranks and from the opposition.
    Francois Bayrou, the head of the centrist Modem party, said Mr Fillon seemed to forget that both he and Nicolas Sarkozy, who was finance minister before becoming president, had been in government since 2002 without improving the situation.

    He added that Mr Sarkozy's decision to spend up to €15billion (£10.5billion) on a package of tax cuts had only made things worse. One deputy from Mr Fillon's UMP party added: "This phrase was badly timed. The French are liable to ask why we committed all this spending on the fiscal package if we are in such a bad way."
    It is the second time in two weeks that Mr Fillon has run into trouble over his tough-talking rhetoric.
    The first came when he announced that he only needed "the word" from Mr Sarkozy to roll out a plan to enact state pension reforms, even before trade unions had begun negotiations. They called a strike for Oct 18.
    This gaffe reportedly enraged Mr Sarkozy, who spent days reassuring the unions that they would be consulted.
    There were rumours that Mr Fillon would be replaced in a reshuffle in the New Year. However, in an interview last week, the president showered his prime minister with praise, even describing the two men's views as "interchangeable".
    Some observers say Mr Fillon has decided to speak out because he is tired of being stifled by the "hyper-president" and his media-friendly aides at the Elysee, and is keen to push ahead with reforms.
    One colleague from the Sarthe region, where Mr Fillon is a deputy, said: "Fillon has immense pride. While Sarkozy continues to stifle him and wants to do everything, Fillon will try and give provocative speeches in order to exist. It's a process that could get out of control."
    Others argue that his "spontaneous" outbursts are part of a co-ordinated double act, with Mr Fillon playing the tough guy and Mr Sarkozy the conciliator.
    Either way, Le Monde praised Mr Fillon's "language of truth" in its editorial, adding that, given the parlous state of France's debt and deficit, he "had good cause for concern."

  2. #2
    Norm357's Avatar
    Norm357 is offline Corporal
    Supporting Member Lvl 2
    Join Date
    12-24-05
    Location
    Atlanta
    Posts
    975
    Rep Power
    983676
    Thats what happens when socialists run the Government. Sarcozy has a big job ahead of him. I wish him luck.
    dlefdal said:
    Ummmm, what if I don't like thumbs in my butt?

  3. #3
    Hannibal's Avatar
    Hannibal is offline Zombie Killin' Sheepdog
    Verified LEO
    Join Date
    05-27-06
    Location
    Detroit
    Posts
    2,847
    Rep Power
    2067665
    I bet that now they are broke, they will need good old Uncle Sam to float them some cash or other support. And we will do it, even though they talk shit about us on a regular basis.

    I say fuck the French. Let Canada bail em out of trouble. If they want us to do it it should be at a cost: here's 100 billion in aid, now take your sorry ass to the middle east and stand a post.

    "Stupid should hurt."

  4. #4
    2525's Avatar
    2525 is offline Officer First Class
    Verified LEO
    Join Date
    05-26-06
    Location
    Canada
    Posts
    191
    Rep Power
    108038
    Hey leave us out of it. We have our own French population to content with. We call it Quebec.
    "The unforgivable crime is soft hitting. Do not hit at all if it can be avoided; but never hit softly."

    "The pacifist is as surely a traitor to his country and to humanity as is the most brutal wrongdoer. "

    “Anyone can give up, it's the easiest thing in the world to do. But to hold it together when everyone else would understand if you fell apart, that's true strength.”

 

 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •