Tuesday, July 13, 2010

[capitalismos] NAPOLEON ON TV

 

Allons enfants de la Patrie! Appearing in an interview on national television Monday night, Napoleon Sarko defended himself and his labor minister Eric Woerth and called for a conflict of interest inquiry to put to rest the criticism that has ensued. Sarko claims the scandal was timed to weaken his government as it prepares to embark on an ambitious and controversial reform of the nation's pension scheme, which Woerth is charged with leading. Sarko has asked Woerth to step down as treasurer of his ruling UMP party, but Woerth would continue his leadership in the pension reform, which involves raising the retirement age.

Woerth has starred in a scandal over the tax evasion of France's richest woman, Liliane Bettencourt, while others have been caught up in revelations of expense abuses. Woerth had personally approved a €30 million tax refund for Liliane Bettencourt in March 2008. While it is apparently usual for wealthy individuals in France to be audited every three years, Bettencourt has not been audited in 20 years! Exposed Sarko has little to celebrate this year, and he canceled the multimillion-euro Garden Party traditionally held at Elysee Palace. Allons enfants de la Patrie!

Basil Venitis, an Athenian orator, muses Bettencourtgate, the source to sink route of French kickbacks, is a tragedy mixing the high drama of Corneille and the farce of Moliere. Many Francokleptocrats are constantly marching through the house of Bettencourts, especially at election time. They all come to pick up their envelopes, from 100,000 euros to one million euros. Sarko has been a regular visitor, and a venitist overhears their conversations, because Liliane Bettencourt is quite deaf and Sarko has to speak loudly. Sarko gets many envelopes. It happens in one of the little ground floor salons next to the dining room, usually after the meal. In this discrete manner, the billionaire family at the helm of the L'Oréal cosmetics empire put their stamp on French politics. Everyone in the house knows that Napoleon Sarko comes to see Bettencourt just to pick up kickbacks. Sarko has become a sink of kickbacks! Allons enfants de la Patrie!

Woerth's wife has also been caught up in the scandal. She had worked as a wealth manager for Bettencourt, raising questions of a conflict of interest, but quit after secretly taped conversations last month revealed Bettencourt's plans to evade taxes. Federal investigators on Sunday cleared Woerth of any involvement in the tax evasion scandal, but made no mention of the alleged illegal campaign donation.

Just hours before Sarko's address, police searched the home of 87-year-old Bettencourt in search of evidence in the scandal. They also searched the home of Bettencourt's gigolo, photographer Francois-Marie Banier, whom Bettencourt's daughter has accused of taking advantage of the heiress' frailty by taking gifts worth one billion euros.

France, the poster-child for euro-socialism is facing a national debt of 1.49 trillion euros, about 77% of its GDP. That doesn't count the unfunded liabilities of the country's state pension system, which may exceed 200% of GDP by themselves. Reforming the French welfare system has long been seen as politically impossible, but the fiscal facts have forced Napoleon Sarko to finally propose an increase in the retirement age. The French government is also selling off government-owned land and other property. And the French health care system has gradually been increasing copayments and other forms of consumer cost-sharing.

Former Prime Minister Dominique de Villepin has created a new center-right party called Republique Solidaire. Villepin aims to capitalize on Napoleon Sarko's current poor poll ratings. Sarko's re-election was regarded as a certainty, but a Republique Solidaire candidacy in the 2012 ballot will split the conservative vote. Villepin has been one of Sarko's strongest critics in the conservative camp. He was prime minister under President Jacques Chirac and was known to have a tense relationship with Sarko, who served as his interior minister.

Basil Venitis muses that Napoleon Sarko is neurotic, bipolar, Oedipal, and psychopathic. Sarko seeks the love of the public, because his father abandoned him as a child. The swift replacement of Cecilia by Carla is a symptom of self-indulgence and insecurity. Sarko's narcissism, aggression, and childish behaviour stem from insecurity. Sarko's problem is his inability to distinguish his ego from his soul. Acute sarkozis means being obsessed by the phenomenon of Napoleon Sarko, le personnage mythologique, rather than Sarko's soul, that France does not know Sarko as well as it thinks.

Venitis notes that Sarko sees the finacial crisis as an opportunity to usher in the Eurozone Economic Government, a stupid socialistic idea. In this monolithic Europe, the bloc's leaders, not its central bankers and finance ministers, would set economic policy. Allons enfants de la Patrie!

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