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Choice Not on Ballot in French Election

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Stephen Lendman
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How can they be with fast disappearing jobs. They want leaders committed to creating them. They want banker bailouts and euro straightjacket austerity ended.

One size fits all doesn't work. Uniting 17 dissimilar countries under rigid euro rules failed. Eurozone monetary union was doomed to fail. Nonetheless, it was engineered fraudulently to look workable.

Membership means foregoing the right to devalue currencies to make exports more competitive, maintain money sovereignty to monetize debt freely, and legislate fiscal policy to stimulate growth.

European Central Bank (ECB) officials run financial policies. Sovereign governments have no say. French voters and others across Europe want measures hurting them reversed.

They chafe under ECB enforced rules, terms and diktats. They control parliaments. They pressure, bribe or otherwise force capitulation in ways no no shark would demand.

Predatory finance is a new form of warfare. What it wants it gets. Mass layoffs, wage and benefit cuts, and other painful measures assure bankers get paid first.

France is entrapped like other Eurozone countries. Sarkozy fronts for powerful financial interests. It's hard imagining why anyone but elitists support him. Since taking office in May 2007, hundreds of thousands lost jobs.

Official unemployment's at 10%, the highest in over 12 years. Around three million wanting jobs can't find them. In the past decade, France lost more industrial jobs than any European country. Many came during Sarkozy's tenure. He's a job destroyer, not creator.

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