French Election – No Surprise – Or Is There?

Guest Post by Martin Armstrong

2017 ElectionOur computer had correctly projected that Le Pen would defeat the mainstream party Socialists. Indeed, Hollende did not even run he was so unpopular. The result of this election is really now a wildcard. For the most important aspect worth underlining in BOLD is the striking fact that this is the first time in modern French history all the mainstream centre-right or centre-left parties of government that have ruled France since the World War II will not make it to stand for the second round of a presidential election.

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Macron & WifeWe can now safely count that Le Pen’s base is very solid. Those who support her will be out in sheer force to take their country back – FRANCE FIRST as they are saying. The wildcard is now Macron, who just started his party last August. All the mainstream media and mainstream politicians will be throwing their support now to Macron. Mainstream press is already estimating Macron took 24% of the vote, with Le Pen close behind with 21.8%. The question is clear that his base is nowhere near as firm as that of Le Pen.

Macron is the mirror image of Trump. Just a bureaucrat, but his wife is 24 years older than him compared to Trump who is 25 years older than his wife. Macron lacks any real experience to speak of outside of government and the joke is that since men mature slower than women, he is just a boy toy who is not ready for prime time who needs his hand held when crossing streets. The two studies bantered about are curious indeed. If a man marries and older woman, she dies sooner whereas a man who marries a younger woman increases his life expectancy by at least 11%. Guess the younger girl keeps him in better shape whereas the boy toy wears out his spouse so they say. Well we have had just about every other scenario arise in politics. Guess its time to change up.

Macron’s platform is typical for a bureaucrat – something for everybody. He claims he wants to cut costs and bureaucracy to boost hiring, while promoting investment in what he called the economy of the future. These are nice vague objectives for which has has come under fire. He then came up with six main priorities: education, work, economic modernization, security, democratic renewal and international engagement.

Mean while, the ECB has firmed up plans to help bailout French banks in the middle of pending uncertainty. May is looking more and more interesting. A Le Pen victory will actually provide a soft-landing for the EU and force it to begin to look at what it is doing so terribly wrong. A Macron victory will doom the EU to a complete collapse and a hard landing in 2018. Why? Brussels will wipe their brow and cheer the end of “populism” and that means they will continue down the same road without any reform. BREXIT should have sparked some internal review. Instead, they just blame the Brits and move on.

 

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11 Comments
Bran
Bran
April 24, 2017 8:00 am

A spot on assessment.

BL
BL
April 24, 2017 8:54 am

Macron is 100% owned by Rothschild & Co. and is rumored to be gay. He married his high school teacher for looks IMO.

Bank owned puppet, will support war to please his owners. I think Rothschild money will get him elected.

suzanna
suzanna
  BL
April 24, 2017 12:41 pm

BL,
How insightful! You hit it.

Ed
Ed
April 24, 2017 9:10 am

An interesting subject, but I’ll need to find an article about it written by someone who can actually write.

suzanna
suzanna
  Ed
April 24, 2017 12:42 pm

don’t be a pri, Armstrong has dislexia

Ed
Ed
  suzanna
April 24, 2017 10:19 pm

My apologies, Ms Suzanna. I’m a born pri, I suppose.

MrLiberty
MrLiberty
April 24, 2017 12:32 pm

As Americans we are taught (by government employees generally) to adore everything about our American political system. We are berated time and time again by the globalist propagandists in the mainstream media regarding the “gridlock” and “confusion” that is created by the presence of so many parties in parliamentary systems. But look at the transformation in the political landscape of both Britain and France over the past couple of decades. I don’t know their total history in detail, so I am not going to try commenting on it all, but rather just the UKIP party rise and the rise of Le Pen and even Macron and his new party. The last time we saw such a party rise in this country was with the Bull Moose Party of Teddy Roosevelt (and that gave us Wilson, the Federal Reserve, the Income Tax, the 17th Amendment, etc). Ross Perot’s rise was fueled in large part by his billions and the Reform Party is virtually gone. The two-party oligarchy in this country has passed restrictive ballot access laws at all levels (see ballot-access.org for the absolute best analysis of everything party and ballot-related) and internal operations in both houses render the possibility of a new party arising virtually impossible. The Libertarian Party has been struggling since 1972 to gain prominence, yet annually millions must be spent simply to maintain ballot status, etc. Meanwhile in those “backward” countries with Parliamentary structures, new parties arise sometimes monthly. They are fueled by grassroots enthusiasm generally. Voting policies mean that even 15% support for a party translates to 15% representation in parliament (and a voice), and change is actually possible in a decade or less. Meanwhile polls regularly put “libertarian values” support at close to 20% while representation of these values in Congress sits at far, far less (it was higher when Ron Paul was still there). Polls in the US show significant disgust with the two major parties. In states where voters are forced to register by party, more people are registered to vote with a third party or no party than the COMBINED TOTALS of the republicans and democrats. Overall voter registration and voter turnout translates to nearly 75% of eligible voters not participating (half not registered, half of those registered not voting). NOTHING EVER CHANGES in this country, and while some of that was by design of the founding fathers, they also had the deluded belief that those elected would actually respect the strict limits placed on government power, size, etc. by the Constitution. Lets not even get into how there used to be 1 House member for every 30,000 citizens and now it is 1 for every 750,000+ (without even a Constitutional Amendment to destroy our “representation”). While there is much to criticize with regards to the governments of other nations, it is hard to ever imagine that freedom or liberty will ever have a chance of being restored under the current two-party oligarchy that controls the US.

Yancey Ward
Yancey Ward
April 24, 2017 12:52 pm

The center right party didn’t make it to the second round, but this is not the case with the center-left. Macron is the candidate of the Left in this election.

With Hollande carrying approval ratings in the low teens, the Socialists hadn’t a prayer of putting up a winning candidate in either round of the election, so a new strategy was put into place- find the most visually attractive candidate with the skimpiest record and run him as an independent candidate, and, finally, take out whatever candidate the mainstream center-right put up with the intention of landing Le Pen as the opponent in the 2nd round of voting.

It was a brilliant political maneuver, and it is going to succeed in landing Macron the office of President of France, but it will be a pyrrhic victory since he will end his reign with the same policies and the same approval ratings that Hollande enjoys today, and Ms. Le Pen’s party will be the only true opposition party going forward since the center-right party will have sold it’s right to be an opposition by endorsing this ruse.

overthecliff
overthecliff
April 24, 2017 10:08 pm

I Don’t think Le Pen will win because I don’t think the Frogs have the balls or the brains. Sadly white America has the same problem.