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Our Giant Welfare State

teapartyeconomist.com / By Robert J. Samuelson via washingtonpost.com / November 26, 2014

We Americans pride ourselves on not having a “welfare state.” We’re not like Europeans. We’re more individualistic and self-reliant, and although we may have a “social safety net” to protect people against unpredictable personal and societal tragedies, we explicitly repudiate a comprehensive […]

Google vs. Sun vs. France: Too Big, Too Powerful, Too Free

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / November 26, 2014

I happen to like the sun. By definition, the earth would not even be a planet without the sun. No one on earth would be alive without free sunshine.

I happen to like Google. I could survive without Google, but like the sun, much of what […]

France Desperate to “Erase US Internet Companies From Existence”

French taxi drivers in protest against “unfair competition”. Maybe they should try improving their customer service instead? (Photo credit: AFP / ANNE-CHRISTINE POUJOULAT)

acting-man.com / Pater Tenebrarum / November 25, 2014

If You Can’t Beat Them, Outlaw Them …

We have previously reported on the French obsession with stifling competition to the vast […]

New Study: Hepatitis B Vaccination in France Sparked a Wave of New Cases of Multiple Sclerosis

healthimpactnews.com / by Overcoming Multiple Sclerosis / November 25, 2014

There has been considerable suspicion about a link between hepatitis B vaccination and the development of multiple sclerosis. This new study examined detailed national data in France around the mass vaccination of French adults in the mid 1990s. Following World Health Organisation recommendations in 1992 […]

French populist leader joins gold repatriation campaign

gata.org / CHRIS POWELL / November 25, 2014

Dear Friend of GATA and Gold:

Marine Le Pen, leader of the populist National Front political party in France and likely France’s next president if the country should last until another election, has picked up the gold repatriation issue by writing to the governor of the central […]

Russian Crew Boards 1st Mistral Carrier As France Quietly Completes Construction Of 2nd Ship

zerohedge.com / by Tyler Durden on 11/24/2014 13:33

Once again it appears France is speaking from both sides of its mouth. As Hollande openly stands behind moar sanctions against Russia and ‘talks’ about withholding delivery of the first Mistral-class helicopter carriers to Russia, ITAR-TASS reports the construction of the second ship – ironically named Sevastopol, […]

Juncker’s €315bn EU Slush Fund is €299bn Sleight of Hand Magic

globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / November 24, 2014

Last week France asked for a “New Deal” with “Real Money” not fake EU promises.

France was a bit wary (and rightly so) over sleight of hand math from Jean-Claude Juncker, the new head of the European Commission.

Today we have the facts.

Juncker’s €315bn […]

Politics is Economics in the Week Ahead

marctomarket.com / by Marc Chandler / Novmeber 23, 2014

Many people assume that politics and economics are separate spheres. We find ourselves often harkening back to the even older tradition of referring to “political economy”. After all it was Harold Laswell, who is regarded as the father of modern political science, that famously defined politics […]

France Private Sector Output Drops 7th Consecutive Month, Orders Stagnate in Germany, Eurozone Flirts With Contraction

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, November 20, 2014 2:27 PM

Let’s take a look at weaker than expected reports from the Eurozone in aggregate, and France and Germany in particular.

France

The Markit Flash France PMI shows French private sector output falls for seventh successive month.

Key points:

Flash France Composite […]

France Private Sector Output Drops 7th Consecutive Month, Orders Stagnate in Germany, Eurozone Flirts With Contraction

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / November 20, 2014

Let’s take a look at weaker than expected reports from the Eurozone in aggregate, and France and Germany in particular.

France

The Markit Flash France PMI shows French private sector output falls for seventh successive month.

Key points:

Flash France Composite Output Index rises […]

France Calls for “New Deal” with “Real Money” Not Fake EU Promises

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Wednesday, November 19, 2014 12:18 AM

Juncker’s €300 Billion Plan is “Funny Money”

I was rather amused yesterday with a post by Pater Tenebrarum on the Acting Man blog: EU Planning to Spend Money It Doesn’t Have.

Pater is of course correct, and we will return to his […]

Was Maastricht another Versailles for the German nation? A reply to Klaus Kastner

yanisvaroufakis.eu / by yanisv / November 16, 2014

Klaus Kastner suggests that Germans cannot sympathise with my analogy of the Greek Bailout as a new Versailles Treaty because many, in Germany, feel that Maastricht was another Versailles Treaty imposed, by France, upon them. While there is no doubt that France tried, and failed, to adopt […]

France Fesses Up: “Deficit in 2014 Much Higher than Expected”, Budget Needs Revisions Yet Again

globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / November 14, 2014

France has been in constant violation of eurozone deficit rules for years, but then again, so has nearly every other eurozone country.

Spain and France Deficit Violations

Both Spain and France have constantly pushed back goals to meet stated targets. Spain has pushed back deficit […]

France: Tangled Web

marctomarket.com / by Marc Chandler / November 13, 2014

France is in a difficult position. It has not had a sufficient spur to reform, despite the platitudes by both Sarkozy and Hollande. The fall of the Berlin Wall was a great spur to Germany, though it took it a few years to realize it. […]

Great Graphic: Hours Worked per Week (1870-2000)

marctomarket.com / by Marc Chandler / November 10, 2014

This Great Graphic was tweeted by Ian Bremmer, but it comes from Max Roser. It shows the work week, measured in hours going back to 1870 for several countries, including the US, German and Franc. The data only runs up to 2000. At the risk […]

France Stinks… Literally

zerohedge.com / by Tyler Durden / 11/07/2014 09:40 -0500

Having promised that he would not run again if unemployment rates remain high, French President Francois Hollande faces not just record low approval ratings but feces-flinging-farmers. In a show of protest against expressing their anger at collapsing prices (due in part to sanctions against Russia), increased […]

Pentagon to US Troops: Hide Your Identities to Avoid ISIL Attacks

lewrockwell.com / November 1, 2014

The United States Department of Defense has advised American troops to hide their identities and change routines to avoid being targeted by the ISIL terrorist group.

The Pentagon Force Protection Agency issued the warning in a memo sent to members of the US military last week, the Washington Times reported […]

The New French Revolution

armstrongeconomics.com / by Martin Armstrong / October 26, 2014

The French parliament voted Tuesday in favor of a draft law that could, for the first time, make it possible to remove the country’s president from office through a US-style impeachment. The bill, already passed by France’s lower house, was approved by the Senate by 324 […]

Vladimir Putin Is The Leader Of the Moral World — Paul Craig Roberts

paulcraigroberts.org / Dr. Paul Craig Roberts / October 25, 2014

Dear Friends,

Vladimir Putin’s remarks at the 11th meeting of the Valdai International Discussion Club are worth more than a link in my latest column. These are the remarks of a humanitarian political leader, the like of which the world has not seen in […]

French Private Sector Output Falls at Sharpest Rate in Eight Months; Tale of Two Europes

globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / October 23, 2014

France

Looking for growth in Europe? You won’t find it in France, but for now you can still find it in Germany (for now).

The Markit Flash France PMI shows French private sector output falls at sharpest rate in eight months.

Key Points

Flash France Composite […]