Takers Overwhelm Producers in France

Rush forgot to mention that the same thing has happened in Greece.

Well...is it their education system? These countries are bankrupt...there is no money, yet they want to continue to be supported in idleness? They want to take everything away from the rich and once their money is divided among the poor in a one time payment, it'll be gone and the poor won't be able to produce anything and the rich won't be able to produce anything because they won't have anymore money - so the whole country will be destitute...

But that's the mantra of socialism... since not everybody can be rich, everybody should just be poor.

RUSH: So a lot of people are asking me, "What does this mean, the election of the avowed socialist in France, Monsieur Hollande? What does it mean?" It means that France is gone. It means that there are more people on the take than there are producing, pure and simple. They fell for it. Don't think Obama hasn't noticed this. What it means? It only means what it means for France. It's impossible to extrapolate this, unless you want to say that we've become France. And if we have become France...

I don't think we're there yet, but this guy promised to raise taxes on the top 1% by 75%, a millionaires tax or what have you, and everybody went for it. He's only the second avowed socialist ever elected in French history. The first was Mitterrand in the eighties. They said "no" to austerity. They said, "We're not gonna cut back government. We're not gonna cut spending. We're not! No, no, no. I want my goodies; I want my benefits." The French rich are leaving the country, Snerdley. There are accompanying stories about the French elite, the wealthy elite making plans to go to Great Britain.

Of course...why would the French want to go to England, when the English rich are fleeing that country because of the outrageous taxes and the outrageous housing of - for example - families with 13 kids in mansions? With the British tax payer footing the bill?