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no more banksters

(395 posts)
Wed May 11, 2016, 01:28 PM May 2016

Alert: The European Financial Dictatorship seriously threatens France

As it happened many times in Greece for six years since the explosion of the financial crisis, the European Financial Dictatorship (EFD) seeks to bypass democratic processes in order to impose the "Greek model" throughout eurozone.

As The Guardian reports:

France’s Socialist government has taken the risky and controversial decision to bypass parliament and use a special decree to force through a contested labour reform bill by its president, François Hollande, that has brought hundreds of thousands of protesters on to the streets.

The defiant move by the government came as it faces growing pressure from its own rebel MPs and an ongoing street protest movement that has seen violent clashes. The government opted to use a heavy-handed and rare constitutional tactic which allows policies to be pushed through without a parliamentary debate after it failed to win over its own group of rebels.

The move immediately sparked a flurry of criticism from deputies and unions who accused Hollande of authoritarianism and political weakness. “This is really an authoritarian government,” said Jean-Claude Mailly, head of the Force Ouvrière trade union. “If it was really a bill for social progress ... the majority [vote] would be found.”

...

The move to legislate by decree has been used only once before by Hollande, when he forced through another package of controversial economic measures last year.

...

The government has argued it needs to cut red tape and the more cumbersome regulations that deter employers from hiring in a country that has some of the most extensive and protective labour controls in the eurozone. But opponents, including trade unions and students, have said the plans betray the values of the left and are too pro-business. After two months of protests, the government watered down its proposals. Now business leaders are saying the changes do not go far enough.


http://failedevolution.blogspot.gr/2016/05/alert-european-financial-dictatorship.html

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