EU Takes Control of France

EU Takes Control of France

EU Takes Control of France

Pro-EU Socialist Macron has won the French election delivering control of the once great country to the EU.

In Junckers own words, this is how the EU is run:

“We decide on something, leave it lying around, and wait and see what happens. If no one kicks up a fuss, because most people don’t understand what has been decided, we continue step by step until there is no turning back.”

From Macron an even more terrifying qoute

“There is not a French culture. There is a culture in France, and it is diverse.”

— Mr. Macron, in a speech in February, according to the website

Macron won praise from his masters, Jean-Claude Juncker, president of the European Commission, told Macron: “I am delighted that the ideas you defended of a strong and progressive Europe, which protects all its citizens, will be those that you will carry into your presidency”.

Macron spoke by phone with German Chancellor Angela Merkel, with whom he hopes to revitalize the Franco-German axis at the heart of the EU, saying he planned to visit Berlin shortly.

France will now see foreign policy, immigration and economic matters decided by the EU.

Protests broke out after polling stations closed Sunday and preliminary results showed that Emmanuel Macron had won the presidential election.

The immediate challenge for Macron will be to secure a majority in next month’s parliamentary election for a political movement that is barely a year old, rebranded as La Republique En Marche (“Onward the Republic”), in order to implement his program.

“The free movement of people between European Union countries is now a reality, with undeniable gains in economic matters, but also in culture and education or in daily life for cross-border workers.”

— Mr. Macron, from his platform on his website, translated from French

“The duty of Europe is to offer asylum to those who are persecuted and seek its protection. It is also helping to address the causes of migratory movements — underdevelopment, famines, climatic disorders. But the European Union cannot accept on its soil all those who are in search of a better life. In this context, France must take its fair share in the reception of refugees.”

— Mr. Macron, on his website

Macron is widely seen as being soft on terrorism, and weak in terms of promoting France at the EU.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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