According
to the London Evening Standard and the Official Journal, he has assets of one
million British pounds. In addition, the “champagne Socialist” owns a “palatial
villa in Mougins, the hilltop Cannes suburb where Pablo Picasso used to live”
and two apartments close to the promenade in Cannes. The three villas in Cannes
were valued at 800,000 Euros, 230,000 Euros, and 140,000 Euros. Hollande lives
with his girlfriend in a well-appointed apartment in Paris.
Attacking
the rich who “do not pay their fair share” is just a campaign ploy to pretend
that a president cares for the poor. In reality, he is only interested in
sharing other people’s money and wealth, not his own.
How
do Socialists/Marxists acquire wealth? I am not sure how Mr. Hollande acquired
his fortune, perhaps he took entrepreneurial advantage of the very capitalist
system he abhors and maligns.
Politicians
often enter service quite poor and exit the system fabulously wealthy. Perhaps
they use insider trading information to invest money “wisely.” Ordinary
citizens would go to jail if caught investing in such a manner. Laws and jail
are only for ordinary citizens, politicians are immune to the law.
I
do know how many communist elites and their loyal lackeys became millionaires
and billionaires in Romania. During the terror reign of Nicolae Ceausescu, they
pillaged and confiscated private property from all citizens but particularly
the wealth of those who owned multiple homes, land, paintings, gold coins, cars,
and jewelry.
Many
communists had huge bank accounts in Switzerland and lived like kings while the
population starved, fearing for their lives daily, and lucky to be alive.
Shortly after Ceausescu and his wife Elena were executed on Christmas 1989,
several billion dollars worth of financial aid earmarked for economic
development in Romania, disappeared without a trace. To this day, it has not
been found, and nobody was held accountable for its disappearance.
Before
Romania became part of the European Union in January 2007, the IMF offered
loans to individual entrepreneurs to start businesses. The terms were quite lax
and no collateral was required. Honest citizens, who had no idea how they would
repay millions of Euros, avoided such loans. Dishonest citizens bee-lined to
get loans. Businesses went bust and did not have to repay a dime of the
squandered capital. Some entrepreneurs were successful but with a lot of
corruption and graft.
After
1989, politicians, their families, and former communist party apparatchiks
started selling the property of the state to the highest foreign bidders without
any input or accountability, and pocketed the money. Regulatory institutions
and judges were bribed and nobody went to jail.
All
the means of production, previously controlled by the state, were broken up bit
by bit, sold, and privatized while the “proletariat” watched in dismay. The
working class was supposed to own everything collectively but nobody dared to
claim a piece for himself/herself. Nobody could touch the wealth; it was not
really theirs to be had. Only the communist elites could enrich themselves at
the troph of the communist utopia. The proletariat just got the crumbs if they
behaved according to the Communist Party Five Year Plans.
The
Economic Police made sure that nobody got ahead of anybody else. Agents, aided
by paid informants, made frequent raids in people’s homes to inquire where they
got better food, better clothes, or better furniture than anybody else had.
The
lifestyles of the rich and famous were a good description of how the dictator,
his family, his lackeys, and the Communist Party members lived while the masses
seethed in despair. Rebellion was out of the question, guns were confiscated
early, and suppression would have been swift and brutal.
Hollande
promises to spend lavishly on social programs and new government jobs, more
than the 28 percent of GDP that France currently spends on welfare. His
subjects will be well fed, expected to deliver a minimum of effort, and a lousy
work ethic. After all, in the socialist mind, everything is a right and must be
provided by the state free. It is a form of slavery to the government, like a
well-behaved and devoted dog who expects nothing else but his daily rations of
food and shelter.
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