France’s Death Spiral


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Via Guy Milliere of The Gatestone Institute,

  • In 1990, the “Gayssot law” was passed, stipulating that “any discrimination based on ethnicity, nation, race or religion is prohibited”. Since then, it has been used to criminalize any criticism of Arab and African delinquency, any question on immigration from the Muslim world, any negative analysis of Islam. Many writers have been fined and most “politically incorrect” books on those topics have disappeared from bookshops.
  • The French government asked the media to obey the “Gayssot law.” It also asked that history textbooks be rewritten to include chapters on the crimes committed by the West against Muslims, and on the “essential contribution” of Islam to humanity. All history textbooks are “Islamically correct.”
  • In hospitals, Muslims are increasingly asking to be treated only by Muslim doctors, and refusing to let their wives be treated by male doctors.

February 2, 2017: A “no-go zone” in the eastern suburbs of Paris. Police on patrol hear screams. They decide to check. While there, a young man insults them. They decide to arrest him. He hits them. A fight starts. He accuses a policeman of having raped him with a police baton. A police investigation quickly establishes that the young man was not raped. But it is too late; a toxic process has begun.

Without waiting for any further evidence, the French Interior Minister says that the police officers have “behaved badly.” He adds that “police misconduct must be condemned”. French President François Hollande goes to the hospital to give his support to the young man. The president says he has conducted himself in a “dignified and responsible manner.” The next day, a demonstration against the police is cobbled together. The demonstration turns into a riot.

Riots continue for more than two weeks. They affect more than twenty cities throughout France. They spread to the heart of Paris. Dozens of cars are torched. Shops and restaurants are looted. Official buildings and police stations are attacked.

The police are ordered not to intervene. They do what they are told to do. Few arrests take place.

Police look on as a car, which was destroyed by rioters in a Paris suburb, is removed on February 13, 2017. (Image source: Ruptly video screenshot)

Calm is slowly returning, but the riots can easily start again. France is a country at the mercy of large-scale uprisings. They can explode anytime, anyplace. French leaders know it, and find refuge in cowardice.

What is happening is the result of a corrosive development initiated five decades ago. In the 1960s, after the war in Algeria, President Charles de Gaulle directed the country toward closer relations with Arab and Muslim states.

Migratory flows of “guest workers” from Algeria, Morocco and Tunisia, which had started a few years earlier, sharply increased. Immigrants were not encouraged to integrate. Everyone assumed they would return home at the end of their employment contracts. They were settled in the outskirts of big cities. The economy was dynamic, with strong job creation. It seemed there would be no problems.

Twenty years later, serious difficulties became obvious. The immigrants now numbered millions. People from sub-Saharan Africa joined those coming from Arab nations. Neighborhoods made up of just Arabs and Africans were formed. The economy had slowed down and mass unemployment settled in. But the jobless immigrants did not go back home, instead relying on social benefits. Integration still did not exist. Although many of these new arrivals had become French citizens, they often sounded resentful of France and the West. Political agitators started teaching them to detest Western civilization. Violent gangs of young Arabs and Africans began to form. Clashes with police were common. Often, when a gang member was wounded, political agitators would help to incite more violence.

The situation grew difficult to control. But nothing was done to fix it; quite the opposite.

In 1984, a movement called SOS Racisme was created by Trotskyist militants, and began to define any criticism of immigration as “racist”. Major leftist parties supported SOS Racism. They seem to have thought that by accusing their political opponents of racism, they could attract the votes of “new citizens.” The presence of Islamist agitators, alongside agitators in Arab and African neighborhoods, plus the emergence of anti-Western Islamic discourse, alarmed many observers. SOS Racisme immediately designated those who spoke of Islamic danger as “Islamophobic racists.”

In 1990, a law drafted by a Communist lawmaker, Jean-Claude Gayssot, was passed. It stipulated that “any discrimination based on ethnicity, nation, race or religion is prohibited.” Since then, this law has been used to criminalize any criticism of Arab and African delinquency, any question on immigration from the Muslim world, any negative analysis of Islam. Many writers have been fined, and most “politically incorrect” books on those topics have disappeared from bookshops.

The French government asked the media to obey the “Gayssot law.” It also asked that history textbooks be rewritten to include chapters on the crimes committed by the West against Muslims, and on the “essential contribution” of Islam to humanity.

In 2002, the situation in the country became dramatic.

Arab and African neighborhoods had become “no-go zones.” Radical Islam was widespread and Islamist attacks began. Dozens of cars would be torched each week. Muslim anti-Semitism was rising rapidly and led to an increase in anti-Jewish attacks. SOS Racisme and other anti-racist organizations were silent on Muslim anti-Semitism. Unwilling to be accused of “Islamophobic racism,” organizations tasked with fighting against anti-Semitism were also silent.

A book, The Lost Territories of the Republic, by Georges Bensoussan (under the pen-name “Emmanuel Brenner”), was released. It depicted accurately what was going on. It spoke of the sweeping hatred for the West among young people of immigrant origin, and of the full-blown hatred of Jews among young Muslims. It said that “no-go zones” were on the edge of secession and no longer a part of French territory. The mainstream media ignored the book.

Three years later, in October 2005, riots broke out across the country. More than 9,000 cars were torched. Hundreds of stores, supermarkets and shopping centers were looted and destroyed. Dozens of police officers were seriously injured. The storm stopped when the government reached an agreement to make peace with Muslim associations. Power had changed hands.

Since then, the state scarcely maintains law and order in France.

Another book, A Submissive France, was recently published by the man who had written The Lost Territories of the Republic fifteen years before, the historian Georges Bensoussan. Now, the French Republic itself is a lost territory.

No go zones” are no longer French territory. Radical Islam and the hatred of the West reign among Muslim populations and, more broadly, among populations of immigrant origin. Muslim anti-Semitism makes life unbearable for Jews who have not yet left France and who cannot afford to relocate to areas where Jews are not yet threatened: the 16th and 17th arrondissements, the Beverly Hills of Paris; or the city of Neuilly, a wealthy suburb of Paris.

Everywhere in France, high school teachers go to work with a Qur’an in their hands, to make sure that what they say in class does not contradict the sacred book of Islam.

All history textbooks are “Islamically correct”. One-third of the French Muslims say they want to live according to Islamic sharia law and not according to the laws of France.

In hospitals, Muslims are increasingly asking to be treated by Muslim doctors only, and refusing to let their wives be treated by male doctors.

Attacks on police officers occur on a daily basis. The police have orders: they must not enter “no-go zones.” They must not respond to insults and threats. They must flee if they are assaulted. Sometime, they do not have time to flee.

In October 2016, two policemen were burned alive in their car in Viry-Châtillon, south of Paris. In January 2017, three police officers fell into an ambush and were stabbed in in Bobigny, east of Paris.

Police officers did respond to the incident on February 2. When a man became violent, they did not flee. The French government could only find them guilty, accusing a police officer of raping his attacker. But the police officer was not guilty of rape; he was guilty of simply having intervened. The French government also found his colleagues guilty. They were all accused of “violence.” They now will have to go to court.

The young man who destroyed the lives of these police officers is not being accused of anything. In all the “no go zones,” he is now a hero. Mainstream television channels ask him for interviews. His name is Theodore, or Theo. “Justice for Theo” stickers are everywhere. Banners sporting his name are waved at demonstrations. Rioters shout his name along with the name of Allah.

A few journalists have said that he is not a hero; that “no go zones” are reservoirs of anti-Western, anti-Semitic and anti-French hatred ready to burst. But these journalists are also cautious. They know they might be prosecuted.

Georges Bensoussan, the Moroccan-born author of The Lost Territories of the Republic and of A Submissive France — is currently on trial. A complaint was filed against him by the Collective against Islamophobia in France (CCIF). They are suing him for having said: “Today we are witnessing a different people in the French nation; they are causing the return of a number of democratic values to which we adhere,” and “This visceral anti-Semitism, proven by the Fondapol Survey last year, cannot remain in silence.”

Judges were immediately assigned to the case. The verdict is due March 5. If Bensoussan is not sentenced, the CCIF will be sure to appeal. Bensoussan is a man from the left. He is a member of “J Call” (European Jewish Call for Reason), a movement criticizing “Israel’s occupation of the West Bank”, and asking for “the creation of a viable Palestinian state”. Even such positions are no longer enough to protect him. The International League against Racism and Anti-Semitism (LICRA), an organization founded in 1927 to combat anti-Semitism, supported CCIF. Organizations ostensibly fighting anti-Semitism in France instead seem to be clinging to futile fantasies of appeasing their tormentors. They never mention Muslim anti-Semitism, and have now fully joined the fight against “Islamophobic racism” against Jewish authors such as Georges Bensoussan.

Elections will be held in France, in April. The Socialist Party chose a candidate, Benoît Hamon, supported by the UOIF (Union of Islamic Organizations of France), the French branch of the Muslim Brotherhood.

The far-left and the communists will also have a candidate, Jean-Luc Mélenchon, an unconditional admirer of Lenin, Hugo Chavez and Yasser Arafat, and a resolute enemy of Israel.

Hamon and Mélenchon will likely each receive about 15% of the vote.

A third candidate from the left, Emmanuel Macron, is a former member of the French Socialist government under François Hollande. To attract the Muslim vote, Macron went to Algeria and said that French colonization was a “crime against humanity.” He stated several times that French culture does not exist, and that Western culture does not exist either; but he added that Arab Muslim culture must have “its place” in France.

The conservative candidate, François Fillon, promises to fight Sunni Islam, but says he wants a “strong alliance” between France, Iran’s mullahs and Hezbollah. His reputation is badly damaged by a “fake jobs” scandal. He has attacked France’s Jewish community, presumably to secure the Muslim vote. He said it does not respect “all the rules of the Republic.” He has said that Israel represents a threat to world peace.

Marine Le Pen, the far-right candidate of the National Front, may seem the most determined to straighten France out, but her economic program is as self-defeatingly Marxist as that of Hamon or Mélenchon. Le Pen also wants to attract the Muslim electorate. She went to Cairo a few months ago to meet the Grand Imam of al-Azhar. Like all other French political parties, her party supported the anti-Israeli positions of former U.S. President Barack Obama, as well as UN Security Council Resolution 2334, passed last year on December 23.

Le Pen will likely win the first round of the two-round election, but will almost certainly be defeated in the second round: all the other candidates will gather behind the candidate facing her, probably Macron or Fillon (if he still is in the race). Le Pen might think that in five years the situation in France will be even worse, and that then she will have a serious chance to be elected President.

A few months ago, in a recently published book, Civil War is Coming, the French columnist Ivan Rioufol wrote: “The danger is not the National Front, which is only the expression of the anger of an abandoned people. The danger is the ever-closer links between leftism and Islamism…. The danger must be stopped.”

 


Standard Poors

Standard & Poor’s (S & P) is being touted as once again trying to influence political elections as they did in Britain without success. While the US Congress wants to investigate Russia trying to influence US elections, they should look at the US track record of influencing foreign elections by the CIA and also the private credit rating agencies. S&P said Britain would be downgraded it if voted for BREXIT.

S&P’s economist, Moritz Krämer, claims that a victory for the Front National with its top candidate, Marine Le Pen, in the French presidential elections would probably have far-reaching implications for the country’s financiers. This bogus analysis is targeted at the intention of Le Pen to get France out of the euro and reinstate the franc.

Krämer, head of the Standard & Poor’s government bonds section, claims rather absurdly that in such a case France’s insolvency must be declared. He reportedly told the press: “That is clear. If a debtor does not comply with the contractual obligations against the creditors – which is also the currency of the payments – we would declare a payment failure. He added: “Our current AA rating for France, however, means that this is unlikely at the moment.”

France 50-francs-1986

The nonsense of this statement demonstrates the total lack of credibility. If France pulled out of the Euro, nearly 40% of its debt is held by the ECB. It would seem that any risk of a French default would send the Eurozone into crisis – not France. The French franc would be an excellent way to reduce the debt and revitalize the French economy away from the deflation imposed by Germany.

Visualizing The Worrying Decline Of Freedom Around The World


Tyler Durden's picture

The 20th century was a bull market for literacy, freedom, prosperity, health, and technology.

As a result of these gains, wealth has increased exponentially, and world poverty is now at all-time lows. Life expectancy continues to improve in most countries, global literacy is near 90%, and there are well over 100 democracies throughout the planet.

But, as VisualCapitalist’s Jeff Desjardins notes, not every positive trend can keep going forever. Sometimes things regress temporarily, only to be corrected later on. Other times things change more fundamentally – and that regression can be the beginning of a newer, long-term reality.

The Decline of Freedom: An 11-Year Trend

According to the Freedom in the World 2017 Report, which scores countries annually on various levels of freedom, there have been recent setbacks in political rights and civil liberties in a number of “Free” countries. These newest declines are partially the result of populist and nationalist forces making significant gains in democratic states.

But Freedom House, the international watchdog organization that produces the annual report, says that this is not an isolated occurrence. In fact, based on their data and methodology, freedom has actually declined on a global basis for the last 11 years.

Here are the aggregate gains and declines in freedom for each year – you can see that declines have been outweighing gains since 2006.

11 Years of Decline

While the trend is clear, the most worrying part is that the biggest aggregate declines happened in the two most recent years. Is that a coincidence, or is the decline of freedom accelerating?

Here are the specific countries that have had the biggest declines in freedom over the last decade:

Largest Aggregate Declines Over the Last Decade

Countries like Yemen and Ethiopia, which are classified as “Not Free”, have lost further freedom. However, “Free” countries like Hungary or Nauru also lost 10 or more points in the index.

2016: Another Year of Setbacks

The biggest mover in 2016 was Turkey, a country that the Washington Post says is in a “permanent state of crisis”.

A failed coup attempt, the assassination of a Russian ambassador, trouble in bordering Syria, and economic crises have accelerated the march to authoritarianism in the country – and it’s had a 15-point decline of freedom as a result, according to Freedom House.

Biggest Movers in 2016

Hungary and Poland are among the Western democracies that lost significant points in 2016, but the report also has its crosshairs on the United States for 2017. It notes the U.S. as a “country to watch” this year because of the Trump administration’s approach to civil liberties, as well as a potential redefinition of the United States’ role in the world.

Here are where things stand as of now:

Map: World Freedom in 2017

For the whole report, which is a highly-recommended read, go here.

KOMMONSENTSJANE – MASS GRAVE CONTAINING INFANTS DISCOVERED IN IRELAND.


That this would happen in a Church sponsored or run home is beyond belief.

kommonsentsjane's avatarkommonsentsjane

You have to say a prayer – Will God forgive those who committed these evil deeds.  These were 800 unwanted babies who did not stand a chance at life – even though God gave them life.

A mass grave containing “significant quantities” of infants’ remains has been discovered at a former Catholic mother and baby home in western Ireland.

The discovery, announced by investigators Friday, follows a probe by a historian in 2014 who found the death certificates for nearly 800 children who died at the home in Tuam, County Galway, between its opening in 1925 and closure in 1961.

The government-appointed Mother and Baby Homes Commission said the remains were found in at least 17 of 20 underground chambers during excavations between November and February. The chambers appeared to be related to the treatment of sewage or waste water, it said.

A small number of the remains of up…

View original post 276 more words

One of the World’s Worst Ecological Disasters


This is a real disaster.

Draghi & ECB Want to Regulate British Banks doing biz in the Eurozone


Mario Draghi

The ECB is living itself in La La Land. It is demanding that British Banks wishing to do business inside the Eurozone after BREXIT must obtain a license. While this is the same type of requirement for any foreign bank seeking to do business in the USA, the idea that the ECB wants to make sure that British banks are solvent is rather absurd. The reason Euro based banks are in danger of insolvency is because they are euro based bonds of all members as reserves. The British banks remained in British pounds and are head & shoulders above their Eurozone counterparts.

Le Pen says will call for referendum on FREXIT


Good for her get out of the EU before it collapses.

*(MORE FROM THE RELIGION OF PEACE) – ‘No go zones’ Swedish EMTs fear to enter ‘high risk’ areas without police and armour


We are watching the self destruction of a country, so sad.

Why the Fed Needs to Raise Rates


yellen Janet

I have warned that rates will rise BECAUSE the Federal Reserve will be criticized if they fail to do so when they are faced with a stock market that is rising. However, while one by one, several Fed officials have all signaled in recent days that the Fed is ready to resume raising interest rates as soon as this month, the real crisis for the Fed will be raising rates will strength the dollar and put even more pressure on Europe and emerging markets. Hence, the 64 billion dollar question is will the Fed abandon international policy objectives for domestic?

Janet Yellen speaks today in Chicago on the topic of the Fed’s economic outlook. The pundits will scan ever possible word for any hint whatsoever of how likely the central bank is to raise its key short-term rate after it next meets March 14-15, 2017. Traders in futures markets have put the probability of a rate hike at 75%, according to data tracked by the CME Group. Last week the odds were just 50/50. With the rally in the share market this week, many are now fearing a rate hike.

Many Fed officials are suggesting that the strengthening U.S. economy warns of higher inflation and a surging stock market has confirmed a potential rate hike. On Tuesday, William Dudley, president of the New York Fed, said the case for raising rates had “become a lot more compelling”. Robert Kaplan, of the Dallas Fed, said he thought the Fed would likely raise rates “in the near future.” Then Lael Brainard, a Fed board member, also said she thought the case for another hike was strengthening: “Assuming continued progress, it will likely be appropriate soon to remove additional accommodation.” Jerome Powell, who is another board member, said on CNBC: “I think the case for a rate increase in March has come together, and I do think it is on the table for discussion.”

Back in the 1980s, we would get a phone call that the Fed will raise the rates that day. Banks were not proprietary traders as they are today back then so the calls were really to make sure people did not get hurt. That has become insider trading these days so what we get is Fed officially attempting to choreograph their intention for the very same purpose that the marketplace is not hurt by their actions.

Last December, the Fed raised its benchmark rate by a quarter-point to a range of 0.5 percent to 0.75 percent. It was its first increase since December 2015 following our turning point on the Economic Confidence Model 2015.75 which was October 1st, 2015. When the Fed raised its key rate from a record low back in December 2015, it did so right on target for the change in trend.

yellen-draghiDomestic Policy Objectives will win out over International. This will only have the same impact of causing capital inflows for the dollar will rise. Yet the Fed has no choice. To do nothing will invite attacks by the Democrats who will say they are only helping the rich get richer watching the stock market rise irrespective of the economy. What we are facing is asset inflation FIRST. That means Draghi and the ECB will be in even a more difficult position trying to maintain negative interest rates that have completely FAILED to revitalize the European economy. It has been 8 years of a complete brain-dead economic policy by the ECB. The question is will the ECB be compelled to end its failed policy and raise rates itself? Talk from behind the curtain is that Yellen keeps telling Draghi is is wrong.

Vertigo & Trading


Traders

There are at lot of professional traders who really lack the in-depth knowledge of the historical track record of how markets really trade because they have not traded something like this which is similar to 195 blast-off or the bull market into 1929. This is a special type of market and it requires real research to survive plus skills along with nerves of tungsten.

You have bond traders talking  their own books. Bond Traders aren’t pricing in more rate increases but rather moving forward the timing of the next move. The Bond Traders don’t believe the stock market hype about the sudden prospect for a burst of economic growth. Consequently, they remain bearish on stocks expecting a meltdown and bonds to soar. The Bond Traders say that any policy action is not warranted on the mere hint of a possibility of economic gains. They add that even the potential for higher rates from an increasingly worried Fed could create financial instability and would certainly ratchet up the cost of any new federal spending. They remain oblivious to the capital inflows into the blue-chips because of political uncertainty looking in Europe.

Vertigo-1While Buffet says we are not in a bubble, there are people like Jeffrey Saut at Raymond James who says he will be on the sidelines, choosing not to participate in something he does not understand. Saut said: “Folks, I have been in this business for over 46 years, and observing markets with my father for 54 years, and I have never experienced anything like what is currently happening.”

This is how REAL bull markets run. They run up because people are not in and they want to buy dips while short players keep getting stopped out.

This is the most difficult type of market to trade because it requires CONFIDENCE and CONVICTION. We will be devoting time to how to understand this type of market at the Hong Kong WEC. Given the possibility of a visa war between the USA and EU, some Europeans may want to consider the Hong Kong session.