France's Sarkozy is doing the right things to get control of runaway pensions, spending and unions - even in the face of severe protests by the French and his lowering popularity. But sometimes in life just as fathers and mothers must do the tough disciplining of their children in order that they straighten up so must a country that has run awry of their duty to govern within their mandates and means. Sarkosy deserves kudos and applause and Obama should learn a lesson in leadership - that is honest leadership.
Leadership: France's President Nicolas Sarkozy signed off on pension reform Wednesday, winning big and saving his nation's system. But the obstacles he stared down went beyond anything average politicians will tolerate.
Ever since he was elected in 2007, the conservative French president has vowed to "modernize" France's stagnant, noncompetitive, socialist economy.
So in just three years, Sarkozy extended the work week, changed laws to permit overtime, scrapped retail price controls, simplified business formation, tamed unions and yanked benefits from work-shirkers.
But his biggest victory to date was this week's reform of France's lavish pension system that was fueled by endless deficit spending.
Naturally, the usual mix of communists, union thugs, illegal immigrants, students and criminals sprang into action to protest any cuts in entitlements, rioting night after night. They did this in the hopes that Sarkozy would roll over for them — just as past French presidents, particularly Jacques Chirac, always did.
When car burnings and street blockades didn't work, they shut down transport, including even air traffic. When that failed, they shut down oil installations, bringing on fuel shortages.
And in the worst blow for a politician, Sarkozy's popularity dropped, precipitously, falling from the high 60s to the low 20s, as the public balked at the reforms he promised.
As the invective and Molotov cocktails flew, Sarkozy refused to back down. "I am fully aware that this is a difficult reform," Sarkozy said. "However, I always felt it was my duty, and the government's duty, to carry it out. With this law, our pension plan by equal division is saved."
He's right that it's not easy to tell workers anywhere that their retirement age must be raised by two years to 62 for a partial pension, or 67 for a full one if the system is to stay solvent.
But it's even harder to argue with economic numbers, which unflinchingly warned that the demographic curve in France was falling and, unless adjustments were made, the system would crash.
Sarkozy, who had held top positions in budget, economy and interior ministries, fully grasped that the situation in France was unsustainable and chose reality over the false promises of socialism.
It was leadership at its finest and a wake-up call to the U.S. that courage will be needed from our own political leaders to stop the flood tide of spending. As incoming U.S. congressional leaders confront runaway spending and the urgent tasks of entitlement reform, including Social Security, Sarkozy provides a useful lesson.
His big message: To win, it takes courage. Will Congress have it? (READ AT IBD Sarkozy's Boldness)
“Future generations will wonder in bemused amazement that the early 21st century’s developed world went into hysterical panic over a globally averaged temperature increase of a few tenths of a degree, and, on the basis of gross exaggerations of highly uncertain computer projections combined into implausible chains of inference, proceeded to contemplate a roll-back of the industrial age”. Professor Richard Lindzen
Showing posts with label Sarkozy. Show all posts
Showing posts with label Sarkozy. Show all posts
Wednesday, November 10, 2010
Thursday, March 25, 2010
The French Abandon The Green Thing - America should Too
Even that most socialist of countries - France, has backed away from the deceitful tax called cap-and trade. Why? Because Sarkozy and ilk were afraid that it would make France uncompetitive. America - listen up- even the french are doing it - abandoning the green thing that is.
Environmental Regulations: While U.S. politicians try to keep the idea alive here, the French have announced cancellation of their version of cap-and-trade. They say it will hurt their competitiveness. Vive la France.
Moments of crisis concentrate the mind wonderfully, or at least they should. In France, as public-sector workers mount a nationwide strike and fallout continues from the ruling party's heavy defeat in regional elections, Prime Minister Francois Fillon has indicated that his government will abandon plans to introduce a domestic carbon tax.
"We have to amplify measures that help reinforce the competitiveness of our economy," Fillon told the Reuters news agency. But what about all those green jobs? What about saving planet Earth from imminent planetary doom? Sacre bleu!
France would have been the largest country to impose a carbon tax as part of its efforts to tackle alleged man-induced climate change. It still hopes for an EU-wide tax, which would hamper everybody's economy. Unlike here, France prefers not to lead by example, hoping others will follow.
When the new tax was first approved by parliament last year, President Nicolas Sarkozy hailed it as a vital weapon against global warming. But it was struck down by France's highest court just 48 hours before it was due to come into effect. Read at Investors.com
Environmental Regulations: While U.S. politicians try to keep the idea alive here, the French have announced cancellation of their version of cap-and-trade. They say it will hurt their competitiveness. Vive la France.
Moments of crisis concentrate the mind wonderfully, or at least they should. In France, as public-sector workers mount a nationwide strike and fallout continues from the ruling party's heavy defeat in regional elections, Prime Minister Francois Fillon has indicated that his government will abandon plans to introduce a domestic carbon tax.
"We have to amplify measures that help reinforce the competitiveness of our economy," Fillon told the Reuters news agency. But what about all those green jobs? What about saving planet Earth from imminent planetary doom? Sacre bleu!
France would have been the largest country to impose a carbon tax as part of its efforts to tackle alleged man-induced climate change. It still hopes for an EU-wide tax, which would hamper everybody's economy. Unlike here, France prefers not to lead by example, hoping others will follow.
When the new tax was first approved by parliament last year, President Nicolas Sarkozy hailed it as a vital weapon against global warming. But it was struck down by France's highest court just 48 hours before it was due to come into effect. Read at Investors.com
Saturday, September 26, 2009
Obama Fiddles While Iran Builds Nuclear Weapons

Obama either lives in the Land of Oz where lollipops and kindly lions live or else he has the heart of a thug and perhaps that's why there are so many pictures of him hugging Chavez and why he defends the return to power of Zelaya in Honduras. Here is the last paragraph of a very observant piece in the WSJ about Obama refusing to take the Iranian nuclear bomb crisis to heart as he dances fields of white lilies.
...The President brought his soaring sermon about "a world without [nuclear] weapons" before the U.N. General Assembly. He called for a new arms control treaty and won Security Council support for a vague resolution on proliferation. On cue yesterday, Iran showed the world what determined rogues think about such treaties. On the evidence of his Presidency so far, Mr. Obama will not let that reality interfere with his disarmament dreams">
Meantime, the U.S. and its allies dream. Mr. Obama used his global forum this week not to rally the world to stop today's nuclear rogues but to offer lovely visions of disarmament in some distant future. In the bitter decades of the Cold War, we learned the hard way that the only countries that abide by disarmament treaties are those that want to be disarmed. It's becoming increasingly, and dangerously, obvious that Mr. Obama wasn't paying attention.
...Standing together before the G-20 summit in Pittsburgh yesterday, Mr. Obama and the French and British leaders put on their game faces, calling for Iran to immediately admit IAEA inspectors. New deadlines were mentioned—talks with Tehran starting October 1, tougher sanctions by December, and so on. "Everything," said France's Nicolas Sarkozy, "must be put on the table now."
At least the French President tried to sound tough, which isn't hard when you stand next to Mr. Obama. The American said Iran will "be held accountable" but watered this down with extended remarks on Iran's "right to peaceful nuclear power," as if the mullahs, sitting on the world's second-largest natural gas and third-largest oil reserves, have any need for peaceful atomic energy. READ AT WSJ
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