President-elect Hollande: “I don’t like the rich.”
Coming off winning 52% of the votes, freshly elected Parti Socialiste candidate François Hollande made no secret during the Fifth Republic’s hotly contested presidential race that he harbored a particular dislike for the wealthy.
Described by Britain’s respected the Daily Mail as “the most left-wing leader in Europe,” Hollande touted himself ‘Mr. Normal’ during the election.
The President-elect even went so far as to regularly attack what he called the ‘Bling-Bling’ presidency of defeated conservative Nicolas Sarkozy.
Capitalism Has Been Very, Very Good To Me…
Much to the dismay of many who believed substantial hope and change would result in the election of the Socialist candidate, the Daily Mail is reporting that much of the politician’s rhetoric and attempts to portray himself as John Everyman actually ring quite hollow.
It was uncovered post-election that Hollande “owns a palatial villa in Mougins, the prestigious hill-top Cannes suburb where the artist Pablo Picasso used to live.”
Besides the $963,000 villa, Hollande also owns two other residences in the chic neighborhood valued at $277,500 and $168,000 respectively.
In addition to the almost $1.5 million dollars worth of digs, the Daily Mail is also reporting that despite a campaign promise to take a 30% pay-cut when sworn in, Hollande will still be pulling in almost $200,000 a year plus “fabulous expenses and other perks.”
What Americans Call A Limousine Liberal…
The Daily Mail reported that the new French leader “intends to set a top tax rate of 75 per cent, and to increase France’s controversial wealth tax – moves which have already seen wealthy people threatening to leave the country, and move abroad to places like the UK.”
In with the revelation of the Socialist’s vast wealth in personal property, Hollande has been branded ‘Gauche Caviar’, or ‘Left-Wing Caviar’ – the Gallic equivalent of what the British call a ‘Champagne Socialist.’
As reported by Reuters, via Yahoo.com, “Hollande’s wealth falls just below the threshold that would make him liable to pay wealth tax in France.”
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