Our 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.

We 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.

John Redwood, a prominent and experienced Brexit MP, posted on his blog today (http://johnredwoodsdiary.com) about doing an interview on British Press:

The BBC wants to change the news, not report it

In Germany, Martin Schultz wants to give refugees the right to vote. So if he cannot win with Germans, he wants to give the right to vote to refugees to win by bribing them. The German politicians are now giving them apartments they are constructing that cost about €3 million each. The construction costs actually come out to about €1600 per square meter and since each apartment is about ​​470 square meters, the cost to build one apartment is more than €3 million. It is stunning that Merkel was so fearful of inflation that she would not yield to Greece and saw fit to impoverish the people to pay for the political corruption of their politicians. Yet building dwellings for refugees without language and job skills that cost €3 million each is some how not inflationary.

This type of expenditure FAILS to stimulate the economy for construction jobs are the least field that contributes to an economy since they are not permanent jobs. This does not add to the productivity of a nation, but reduces economic growth. This just makes you wonder how politicians think and even sleep at night. They never look at the long-term. It’s whatever they have to do to win the next vote.

Meanwhile, the Saxon city of Freiberg has sent a bill for the integration of refugees to the Federal Chancellery – and is now discussing this with the Saxon state government. They are demanding to be paid for 736 200 euros from Federal Chancellor Angela Merkel to cover the cost of integrating 1700 refugees last year.