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June 17th, 2012 
FAKE NEWS for the Zionist agenda
“This new solid and large majority will allow us to vote in laws of
change and places upon us great responsibilities in France and Europe,”
said Laurent Fabius, the foreign minister.
Nicolas Sarkozy’s UMP party, which had dominated the assembly for a decade,
suffered heavy losses to win 212 seats and now faces a bitter internal
leadership battle. The party was riven by a fierce debate over whether to
forge alliances with the far-Right during the parliamentary election.
French prime minister Jean-Marc Ayrault welcomed the victory of his Socialist
Party in legislative elections, saying:”The goal is to shift Europe
towards growth and protect the euro zone from speculation. The task before
us is immense”.
After gaining control of the Senate and the presidency, the Socialists now
wield more national power than ever before and the outcome means that Mr
Hollande is unlikely to make major changes to his largely social democratic
cabinet.
But the result of the election, marred by record low turnout of 44 per cent,
is likely to mark the end of Mr Hollande’s honeymoon period as he faces the
economic realities of a debt-ridden Europe and domestic unemployment of 10
per cent, a 13-year high.
He clinched the presidential election in May in part by warning that his
conservative rival Nicolas Sarkozy had erred towards too much
belt-tightening and calling for more state-sponsored stimulus to boost
growth.
But with Spanish banks just given a new bail-out and Greece’s future in the
euro in doubt, some commentators warn France could be next for market
turmoil unless it makes deeper structural reforms.
Mr Hollande’s first wake-up call could be the release of a public finance
audit late June expected to show France must slow spending promises to meet
its deficit goals.
His stance has put him on collision course with Germany in recent days, with
Chancellor Angela Merkel pointing out that France risked further falling
behind economically with his policies.
Mr Hollande bowed to Berlin’s insistence that Eurobonds – pooling EU debt –
should be a long-term prospect in a leaked proposal for 120 billion euros in
short-term stimulus measures.
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