Never Again and Again
and Again and Again

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Tuesday, January 22, 2013

Capital is a force of nature: LIKE WATER it goes where resistance is least


Sarkozy’s plans ‘to dodge new 75% French tax rate by moving to London with wife Carla and setting up £1bn private equity fund’

  • Fraud police found details of move and business plan in raid on home
  • Sarkozy is under investigation for corruption in France
  • He will be latest Frenchman to escape potential top French tax rate of 75%
  • Couple would become London’s most high profile Gallic celebrities
  • Sarkozy would hope for fund support from French entrepreneur Alain Minc

Nicolas Sarkozy is preparing to move to London to set up a billion pounds plus investment fund, it was claimed today.
If the move goes ahead, the controversial Frenchman will become the latest to escape a potential top tax rate of 75 per cent in his home country. 
He and his former supermodel third wife Carla Bruni-Sarkozy would be likely to settle in an affluent district like South Kensington – so becoming the most high profile Gallic celebrity couple in the city. 
But the former president is under investigation for corruption in France, and if he does cross the Channel there will be outrage.
Details of the planned move were uncovered during a raid by fraud police on Sarkozy’s Paris mansion last June.
It came within weeks of Mr Sarkozy losing his immunity against prosecution after being defeated by Socialist rival Francois Hollande in the May presidential election.
Now the hugely respected investigative news site Mediapart reports that the ‘first draft’ of Mr Sarkozy’s London project was found by detectives examining his computer files.
This is where the USA is going to be.
In Rome beginning about the time of the Gracchi (~130BC), elected consuls of the Republic could expect to the the subject of criminal investigation and exile or worse after they left office
Individuals property is not the potential property of the state because they need it when they say they need it. The vote of the majority cannot be used as a legitimizing method for THEFT.
Otherwise, we will all become criminalized by aggressive, coercive irresponsible govts elected by selfish majorities made desperate by past stupidities.
Right now, THAT is the future of the USA.
Don’t think so?
San Bernadino CA, declared bankruptcy because they could not pay for needed services AND current pensions, AND contribute to CALPERS, the state run pension authority.
Result?
The court just decided San Bernadino would STOP PAYING ANY PENSIONS, AND INTO THE CALPERS FUNDS.
Anyone think the US govt would do this? Stop paying Medicare, Veterans pay and and Social Security before they voted to raise taxes to punishing rates so that every old person and vet in the USA didn’t vote the other way?
The USA is RIGHT NOW in the mode - in the minds of those who even RECOGNIZE THIS - shuffling along thinking the worst just CANNOT HAPPEN, RIGHT?
But things which cannot go on forever, …

DO NOT

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posted by Epaminondas at permanent link#

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