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Showing posts with label wealth. Show all posts
Showing posts with label wealth. Show all posts

Monday, 31 December 2012

"Call me maybe" - the Nicolas Sarkozy version

The past few months hasn't been the most inspiring - politically-speaking - in France.


(screenshot from Les Guignols video)

Sure there was the Trierweiler Twittergate affair early in to François Hollande's "normal" presidency.


And there have been a couple of policy decisions since that will surely have left those who voted for Hollande in May and the Socialist party in June somewhat...er...perplexed.

Same-sex marriage and adoption by couples of the same sex is still very much a live topic but it's probably taking longer to implement than many supporters had imagined and, let's face it, Hollande has hardly "led" the debate.

More recently of course there has been the balls-up over one of Hollande's principal (and for many, most controversial) election promises, to raise to 75 per cent the tax rate for those earning over €1 million per year.

Somehow those responsible for drafting the legislation and writing the budget failed to notice that a household in which both partners earned just under one million (say €900,000 each) per year would not be subject to the new tax but one in which just a single person earned over €1 million (and the other didn't work, for example) would.

Duh!

Someone overlooked the fact that taxing by person rather than household was unfair. The constitutional council didn't though, so it's back to prime minister Jean-Marc Ayrault's government to get it right.

The super rich can breath again...for the moment.

Apart from that - nowt much, other than the Dallas-type leadership contest for the opposition Union pour un Mouvement Populaire (Union for a popular movement, UMP) which gradually became more than a little tedious.

No. French politics hasn't really been that enthralling of late. Well, not in the way it used to be.

(screenshot from Les Guignols video)


Still, there's always hope that things might perk up a bit for 2013, especially with rumours that Ségolène Royal (yes, hasn't she been quiet recently?) could well be making a (welcome) return to the frontline with a post in government (word has it that "justice" is has been Seggers-marked)

Anyway, just to leave you with a grin on your face and a reminder of how things used to be (without necessarily implying they were any better) here's a video from those marvels of parody, Les Guignols de l'info on Canal +.

It's their spin back in October on one of the year's biggest international hits, "Call me maybe" by Carly-Rae Jepsen,  only Les Guignols wanted to make clear how dull things had become for news editors, journalists and anchors alike in France ever since you-know who took early retirement.

Smile as you sing along karaoke-style and spot a host of TV news personalities  from Claire Chazal to David Pujadas, Michel Denisot to Harry Roselmack, Nicolas Sarkozy himself relaxing in the jacuzzi with a cameo guitar-strumming appearance from Carla, and Nadine Morano looking as manic as ever.

Enjoy and...Happy New Year

Veuillez installer Flash Player pour lire la vidéo

Wednesday, 12 September 2012

Libération takes aim at Bernard Arnault with Sarkozy-type insults

There has been something of a furore in France this week - or as the media is so fond of saying "polemic" - surrounding a couple of headlines that have appeared in the national daily Libération.

The Left-leaning newspaper has been having fun with the news that France's richest man, Bernard Arnault, has applied for Belgian citizenship.

And it has been harking back to some of the most infamous phrases uttered by former president Nicolas Sarkozy to express its disgust at what it sees as a possible attempt by Arnault to avoid this country's inheritance tax laws.


Libération, Monday 10 September,  2012 (screenshot)

The reasons for Arnault's decision aren't exactly clear.

He has always paid taxes in France and says he'll continue to do so, claiming the application which was confirmed last weekend, was not a reaction to the proposed tax hike in France aimed at the super rich - of which he is the super-est.

You know the proposal: the one François Hollande conjured up from absolutely nowhere during his presidential campaign and is now grimly sticking to. Um. that interpretation probably deserves a Daily Telegraph link. Here you go.

There have also been suggestions that there are business reasons behind Arnault's application as well as a change in Belgium's laws next year which will apparently make it harder for anyone applying to be granted citizenship.

And then there's the inheritance tax issue of course - Arnault thinking about how to ensure that each of his five children gets as much of his money as possible when he pops his clogs.

Whatever the reasons, the media - national and international - has been largely leading with headlines that seem to suggest Arnault is running scared and there's about to be a mass exodus of the wealthy from France.

Libération though has been taking a different approach, and in the process incurring the wrath of the man himself who now says he'll sue the newspaper for insulting him publicly.

Oh dear. the poor man.

Er...hang on. Perhaps that needs to be put into some perspective.

How poor?

Well, according to Forbes magazine, the 63-year-old is not only France's richest person but also the wealthiest in Europe and the fourth in the world.

And as chairman (among other things) of the luxury goods company LVMH (Louis Vuitton-Moët Hennessy) and the fashion house Christian Dior, the appropriately described "business magnate" (merci Wikipedia) is worth a cool...hang on, get your calculators out...€31 billion or $41 billion  - a not insubstantial sum whichever way you look at it and an awful lot of zeros.

All hail champagne bubbles and high fashion heh?

So perhaps it's a little hard to have sympathy for someone who has made something of a PR blunder.

All right, Monday's edition of Libération which ran with a Sarkozy-type tribute of "Casse-toi riche con!" (thanks to The Guardian for providing a translation of "Get lost, rich jerk") might have been more than a little vulgar for those on the Right and many on the Left.

And perhaps Jean-Paul Sartre, one of the founders of the newspaper might have a few words to say about the rather "cheap" headline which harked back to Sarkozy's 2008 visit to the annual agricultural show in Paris and his reaction to a visitor who refused to shake his hand.
Libération, Tuesday 11 September, 2012 (screenshot)

Thankfully though Libération didn't take Arnault's threat of a legal suit lying down and went a step further for Tuesday's edition with another front page headline "Bernard, si tu reviens, j'annule tout".

That of course was a reference to the alleged text message Sarkozy (never) sent his then-wife Cécilia back in 2007 when she hot-footed it across the Atlantic to be with her now-husband (boy, this is some soap opera-type sentence huh?) Richard Attias.

Of course Libération could have a lot more fun with phrases borrowed from the not-so-distant presidential past. How about Sarkozy's sort-of 2007 campaign mantra - oops, slogan  - "Travailler plus pour gagner plus" or the "Ensemble tout devient possible"? They could surely work with a little imagination.

Or coming bang up-to-date and bringing Hollande into the equation, "Le changement, c'est maintenant"...hold the press "in two years time".

Suggestions on a Post-it please.

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