News | Iran Travels  | Iran Professional Services | About | Contact | Discussion Forum | Archive

                    HAMSAYEH.NET                            همسایه  

Back To The Main Page

Central Iran Desert Tour

Millions of People in France Stage Rallies Against Cuts

Right-wing neocon style government of Nicholas Sarkozy, is desperate to place the main burden of cutting down the country’s deficit on the shoulders of hard working people

October 17, 2010 (Hamsayeh.Net) - Millions of French people poured on the streets in France to oppose the government’s plan to cut pension coverage until the age of 67 and increase the retirement age from 60 to 62.

Such unprecedented and medieval undertaking by vastly unpopular administration of Nicholas Sarkozy is making France – home of the French revolution (1789-1799) – and its hard working people who had achieved a remarkable level of democracy, extremely angry.

Unions across the country called for nationwide strikes. Millions of workers are currently on strike in France. Prolonged strike by oil refineries is putting extreme pressures on commuters facing fuel shortage and supply cuts to Paris’ airports.

’Both sides seem to be really digging their heels in. [President] Sarkozy wants people to know he’s not giving into pressure from the street,’ Al Jazeera’s reported from Paris.

Right-wing neocon style government of Nicholas Sarkozy, is desperate to place the main burden of cutting down the country’s deficit on the shoulders of hard working people while at the same time guaranteeing a tax-free ride and safe haven to a newly-born aristocracy during the hard times ahead.

By implementing US’ financial instructions, France and other European countries fell deep into a big deficit ditch that’s now quite impossible to come out of easily. France began to borrow heavily at the time of Bush’s illegal invasion of oil-rich Iraq in 2001 under the assumption that – thanks to its ally’s (the US) military prowess - Iraqi oil should soon inundate Western industrial machinery thus helping lubricate yet another renaissance for industrial exports.

Oil-dependent economies of the US and its allies have received major beatings in the hands of far more efficient economies of Asia and other emerging countries that soon conquered global trades one after another following the end of the former Soviet Union.

Today, the US economy is based on some self-absorbed psychological type of financial speculations that resembles someone who desperately seeks to prolong an imminent collapse by resorting to daydreaming. One of the methods the US now contemplates is to print enormous quantities of unsupported paper money in order to rejuvenate a sluggish economy.

Both sides seem to be really digging their heels in. [President] Sarkozy wants people to know he’s not giving into pressure from the street.

Back To The Main Page

Iran Professional Services