French capital flight spikes as Hollande hits business. “A key gauge of the French money supply — six-month real M1 — has been contracting at an accelerating rate ever since Mr Holland’s election in May.” “The employers group MEDEF said business was ‘in revolt across the country’, warning that bankruptcies were accelerating and firms were slashing investment. ‘Large foreign investors are shunning France altogether,’ it said.” Socialism’s perfect record continues.

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poppajoe49 January 14, 2013 at 8:14 pm

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So, the trend continues, California emulates France again.

Fenster314 January 14, 2013 at 11:14 pm

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This is why real socialists demand full on international socialism. Not that namby pamby “socialism in one country” crap. With international socialism there’s no place to run – from the police.

Sidekick January 15, 2013 at 4:15 am

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The road to serfdom begins like this. You are right, the only way it can “work” is to ensure that there is no place to which one can escape the taxation, confiscation, and debt.

Elrond Hubbard January 15, 2013 at 10:10 am

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Under international socialism there’s no place to run from the police, the tax collector, the bureaucrat or the gulag.

danybhoy January 15, 2013 at 11:40 am

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Who did’nt know this would happen?

Not so silent January 15, 2013 at 1:08 pm

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Damn Socialist Greed……

danybhoy January 16, 2013 at 12:12 am

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In the words of Montgomery Burns, E X C E L E N T !

BarbR January 15, 2013 at 2:52 pm

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Quelle surprise.

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