Here is a comment from an article which tells us all we need to know about the mess of Europe and Sarkozy's narrow defeat.
"He is the latest European leader to be voted out of office amid widespread voter anger at austerity measures triggered by the eurozone debt crisis."
HERE is the full article.
America is headed in the same direction and really fast. I read the "economists" views about our country every day as I am sure most do. The politicians and the bloaks in the Treasury really do their best to downplay the mess. I would suspect they know the country would go ballistic once the loaf of bread starts costing 10 bucks so they keep the real truth under wraps. I think that is what will be the so called "tipping point" for the dumb-ass people who vote in democrats. When their tomato and bread are ten bucks apiece, they will do something about it. It will be too late though.
Mitt Romney has stated during the promary campaign for President that he may be a one term President because Obama has things in such a bad state that he, Romney will be forced to make very difficult changes to save the place with the result American voters will not want him back. This is what has happened to Sarkozy and some others.
The left messes everything up so badly that the "white knights" who come to save the place will be turned on. Those Knights will put in place austerity and the people will not like it. Tough love is no fun. Hell, I may not like it either, but what do we want? America lasts a bit longer and then becomes what? One thing about the Puritan founders and the running of the colonies for a long time before the Revolution was they knew about sacrifice and hard work. We seem to have a bunch of lazy ass baby boomers, spoiled by our "greatest generation" parents and we have become 76 million pikers!
I guess our baby boomer self esteem will suffer if we can't have it all our way. When WW2 ended, Winston Churchill was booted from office by the British people in a election the summer after Hitler was defeated. I guess the "austerity" Churchill imposed on the people was just too tough. To tough to survive the Nazi's? Too tough to save themselves from slavery of the "master race"? Amazing, have we not learned anything from our parents sacrifice and "austerity"? I guess not.
So, down goes Sarkozy and soon there may be more. The spoiled French who we saved from Nazi oppression (I do thank them for their helping us during the Revolution though) have learned nothing. Hell, the Foreign Legion is even a bunch of wimps on pensions now! The thing I watch when it comes to the Euro economy is how will those "banks" react. Tomorrow we will see. Maybe the banks, full of all those smart people who know numbers, will still make money hand over fist while the hard working saps from the mass of the regular people struggle to buy a ten dollar loaf of bread. Then they will see a revolution and it won't be about pensions.