Monday, May 07, 2012

France Elects Socalist As Presidents

Well it looks like the voters in France have sealed their fate. They have chosen  socialist  Francois Hollande as their next President.

I think the ramifications of this for the European Union will be catastrophic. Already the Euro is down. It's like one of the stakes holding up the EU tent has just been up rooted. 

The people have spoken. The 'I WANT IT NOW' majority has dealt a devastating blow to their well being and a Greek like demise maybe in the future.

Whats really scary is the choice of the voters here in the US in November. Will we chose a similar path?

Will Hollande be a friend or a foe to the U.S.?

Time will tell.

Socialist Francois Hollande wins French presidency  

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