At this point in time, France is the only nation in the first world where there is meaningful resistance to the rush of Austerity (aka. Hooverism) and the attempt by elites to permanently break the power and wealth of the middle and working class.So very true. And he puts his finger on the mechanism, the so-called cost of doing business:
Pray for France. Because if they fall, no one is even trying, and if they fall the elites will know they can take anything away from any first world’s nation’s population.
Notice something here: the protesters are doing economically damaging things. They aren’t just showing up in the mall ... Elites think in terms of costs. If the cost of something is less than the benefit of doing it, assuming the return is also high enough they will almost certainly do it. ... The benefit of raising the pension age is that it pays for bailouts, bonuses and high salaries for the elites (since it helps pay to continue the financial casino.) Unless the cost is clearly going to be higher than the gain, they will do it.I've been fortunate enough to witness this resistance first-hand. So far, no one has blinked. The French Senate passed Sarkozy's "reform" last week. Ian is right; it's what happens next that counts.
Pray for the French; they appear to be mounting the only real resistance in the developed world.
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