Twilight Of The Roman God?

French president Emmanuel Macron as Jupiter (Source: https://staticmediapart.fr/etmagine/)

When Emmanuel Macron came from nowhere to be elected President of France
following a landslide victory a year ago, he pissed people off almost immediately by
telling journalists he would not answer their questions because they were not smart enough to understand his thoughts. Shortly after that he declared he would rule “in the style of a Roman god,” and compared himself to Jupiter, the Roman equivalent of Zeus or Odin. It’s no wonder then that just a year later the wheels have come off the bandwagon and the man, who was once seen as the saviour and deliverer of his country, a symbol of hope and renewal, seems to have turned into a source of mirth, widely ridiculed by the French for his grandiose posturing and inept efforts to deliver on his promises.

In early May 2017, Macron won the French presidential elections with 66.1 percent of the vote, one of the biggest landslide results in the history of the French Fifth Republic. A month later, his party, ‘Republic on the Move’ (LREM), scored another impressive victory by winning a majority of seats in the French parliament. It should be noted that these results were largely due to a stitch up, with France close to ruin after the disastrous socialist policies of former president Francois Holland, and Marine le Pen’s Front National party topping the polls only months before the election, the socialists and Gaullists (conservatives) combined to advise supporters to vote Macron, because Le Pen had to be stopped and the crumbling dream of a federal European superstate preserved at all costs.

Under the boy wonder’s stewardship it is now becoming clear those costs will be far greater than anyone imagined. Macron, while supporting the USA’s military interventions in the middle east, has thrown his weight behind more immigration and more Islamification for Europe, and following strong performances by Eurosceptic parties in German, Austrian and Italian elections, combined with growing resistance to the authoritarian attitude of Brussels towards member states, has called for acceleration of the push to political integration of the EU member states.

Some of Macron’s reforms so far have attempted to revive the French economy and increase the country’s competitive advantage on the international stage by targeting labor laws and social benefits. However measures such as a public sector pay freeze and making it easier for workers to be fired while also capping redundancy payouts have been disastrous for Marcon’s standing in popularity polls. The changes have also led to Marcon being dubbed The President for The Rich. The benefits and subsidies system is seen as  the foundation of France’s social and economic structure, and is guarded by powerful trade unions.

The reforms were also aimed at reducing the country’s high unemployment rate but as Macron insists on speeding up the admission of unskilled, illiterate migrants from the third world, it seems he is trying to solve one unemployment problem and simultaneously importing another.

A former Goldman Sachs investment banker, which was always going to ensure the left treated his every move with suspicion, Macron’s policies also angered students to the extent that they blocked several educational facilities across France, including the famous Sorbonne, in response to the government’s plans to introduce admission criteria and rank young people who apply to universities.

Meanwhile the powerful rail workers union began calling rolling rail strikes, which have severely disrupted train services throughout the country, with the goal of forcing Macron to rethink his plan for a major overhaul of state rail operator SNCF.

In the face of rising discontent with his government among all sectors of French society, Macron has maintained a god – like remoteness from public opinion as he drives ahead with a program of reforms which will prepare France for the transition to a province of Federal Europe.

His own party, however, which he formed only a year before the election as a stop Le Pen option when it became clear the traditional parties could not win, still accuse Macron of infringing upon worker’s rights and doing favors for corporate “bosses” at the cost of others.

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OPCW Chemical Inspection Team Reaches Douma After Issuing Statement Negating “Russia Cover-Up” Claim

In what must be a shock to the US, UK and French Deep State all of which were hoping for an escalation of the conflict in Syria, members of the OPCW Chemical Inspection Team finally eached Douma, scene of the latest alleged chemical weapons incident and issued a preliminary statement negating the FUKUS axis “Russia Cover-Up” narrative spun by the western alliance.

After many days of delay inside the security arch of Damascus’ city center, the international chemical weapons watchdog group’s team announced that it had finally entered the Damascus suburb town of Douma early on Saturday. The inspectors said the delay getting into Douma was not due to the Asad government obstructing the inquiry, as has been widely reported by mainstream media, but by United Nations personnel who refused to allow the OPCW team access ‘for safety reasons.’

In an official statement posted to its website, the OPCW confirmed the following:

The Fact-Finding Mission (FFM) team of the Organisation for the Prohibition of Chemical Weapons (OPCW) visited one of the sites in Douma, Syrian Arab Republic today to collect samples for analysis in connection with allegations of chemical weapons use on 7 April 2018. The OPCW will evaluate the situation and consider future steps including another possible visit to Douma.

The OPCW Fact-Finding Mission will initially study the collected samples at an OPCW lab in the Netherlands, with potential sample distribution to its other designated labs. In the past, it’s take up to multiple weeks or months for the OPCW to issue a preliminary report to the public.

The statement continues:

The samples collected will be transported to the OPCW Laboratory in Rijswijk and then dispatched for analysis to the OPCW’s designated labs. Based on the analysis of the sample results as well other information and materials collected by the team, the FFM will compile their report for submission to the States Parties to the Chemical Weapons Convention for their consideration.

It is unclear if any of what was collected includes tissue samples from corpses as it’s now being widely reported that the jihadist group which previously held the area – Jaish al-Islam – hastily buried the bodies of alleged chemical attack victims.

Though the team was invited into the country by the Syrian and Russian governments – both signatories to the international body devoted to decommissioning global stockpiles of banned chemical weapons – there’s been much spin and obfuscation regarding why the team was actually delayed, with a number of media outlets in the West falsely claiming that Syria and Russia were attempting a cover-up.

The cover up narrative was based on the unverified claims of political leaders in the West, particularly Theresa (the appeaser) May and France’s pipsquesk president Emmanuel Macron who, in collaboration with the US Deep State, and continuing the policies of their predecessors, have long sought to depose Syrian President Bashar al-Assad, to serve the interests of the tyrannical theocracy with rules Saudi Arabia, and who have given covert aid to various jihadist rebel groups.

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The rise and fall of Emmanuel Macron

Emmanuel - as Jupiter
(image source: agoravox.fr” hspace=10 vspace=10>

Earlier this year the young, optimistic (rather than charismatic,) political outsider, Emmanuel Macron was elected president of France and poster boy for what we were told was the dawn of a resurgent European Union. That was then, this is now, and less than six months later, policy failures and self inflicted embarrassments such as declaring he would rule in the style of a Roman God have caused support for the former Golman Sachs banker to collapse even more rapidly that that of his predecessor in the Elysee Palace, the hapless socilist Francoise Hollande.

In the Spring of this year Macron, helped by the propanganda machines of the French establishment and the E. U. Commission comfortable defeated the anti-Brussels, anti-globalist, anti – Islamification National Front. Media coverage of the candidate projected a softer and more progressive image for the EU after its treatment of Greece had revealed the undemocratic and authoritarian nature of its power structure.

Attempts to explain the rapid decline of Macron and his government have focused on his pompous approach to governance—literally comparing his leadership to that of the Roman God Jupiter, his obsession with photo – opportunities and his defence of a lack of policy statements by airily declaring that ordinary voters could not understand the complexities of government. But there are deeper causees too. He has misdiagnosed the origins of the French economic malaise, and therefore his Jovian decrees are doing more harm than good.

It’s easy to point to the errors in the president’s perspective by merely examining the data. Macron’s economic policy cites a bloated public sector as the fundamental cause of France’s economic ills. The truly horrendous level of government debt is cited as evidence of this: as of March 2017, the debt stood at 111 percent of GDP, almost twice the 60 percent of GDP maximum allowed by the E. U’s Maastricht Treaty.

Private debt however is worse still: 187 percent of GDP, a result of easy credit and the encouragement of consumer spending to prop up an ailing economy. So, why does Macron, in common most other politicians of al parties not worry about this far higher level of debt?

The reason is he was schooled in mainstream economics. Thus Macron has been indictrinated with the idea that private debt is not relevant. It’s just a “redistribution”, according to Ben Bernanke, which “absent implausibly large differences in marginal spending propensities” between savers and lenders, “should have no significant macroeconomic effects.” The more cynical among you will recognise that as an exercise in talking bollocks.

Bernake’s belief is contradicted by the data for countries which, like France, have a private debt ratio well in excess of 100 percent of GDP. There ought to be little or no correlation between credit (the annual change in private debt) and unemployment if Bernake is correct. However, in his home country of the USA, the relationship between credit extended by the banks and unemployment since 1990 is minus 0.91: meaning the more debt people take on, the more is spent in the domestic economy. In France’s case, the correlation is lower but still substantial at minus 0.62, when according to mainstream economics, it should be close to zero.

So credit matters, not merely because savers are much less likely to consume than debtors, but because bank credit creates new money. And that is what the Macron government has faied to understand, resulting in its having focused on reducing government debt by squeezing private credit.

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You Know You Live In A Country Run By Idiots If …
We all know our countries are run by idiots, but how do we prove it? One way is to observe someone and record how many times they do something that will undo s
omething else they just did. Here are some examples:

Lies Of The FUKUS Axis Of Evil Plan To Wage War On Syria Exposed
Death by debt
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France Moves Several Steps Closer To Abolishing Free Speech
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E U puts business before people
Europe crashes into chaos
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Mr. Hollande’s Soap Opera