Finally, Macron’s Globalized Laws Will Pass This Summer

Finally, Macron’s globalized laws will pass this summer, by Eric Verhaeghe

Credit goes to Bruno Le Maire for explaining how the government’s economic policy was inspired by the Great Reset, and for summarizing it strikingly to explain how it is not liberal, but deeply statist, in the line of Big Government so much vaunted by Klaus Schwab and scrupulously applied almost everywhere, starting with the United States.

The video of his speech at the National Assembly is unambiguous on the subject.

A purchasing power policy inspired by the Great Reset

If some may have had concerns (or hopes) about the paralysis of power due to its only relative majority, the course of parliamentary debates must necessarily disappoint them. Because government policy is being conscientiously put in place, in accordance with the recommendations of the Great Reset.

This is particularly the case with the bill on purchasing power, which is essentially based on a logic of assistance and public expenditure, to the detriment of the effort and autonomy of people. The very aim of the bill is, as Le Maire so aptly puts it, a break with “neo-liberalism” and in perfect agreement with the positions of the World Economic Forum. It is a question of pouring in public money to stimulate demand, in a paradoxical approach consisting in enabling households to resist the climate transition (ER: to resist the climate transition that they themselves put in place).

For the “hidden” or poorly explained aspects of the bill, in particular for everything related to the alleged “energy sovereignty”, the bill also prepares massive nationalizations in the energy sector which will allow the State, the D-Day, to impose our total dependence on the United States through administrative measures.

A first spending finance law

We cannot say better about the amending finance bill, which perfectly expresses the spending madness of the government, in a permanent one-upmanship with the Soviets of Insoumise France (ER: LFI, the far left party of Jean-Luc Melenchon).

One will retain in particular this measurement in trompe-l’oeil consisting in abolishing the audio-visual license fee. Officially, the measure will be offset on VAT. In practice, public broadcasting sees its margins of autonomy further reduced. We will come back to it.

I recommend everyone to carefully read this little table taken from the introductory report to the law, which describes the current disaster very well. Expenditure from the general budget exceeded the €500 billion expenditure milestone for the first time. They were to cap at 461 billion in the initial version of the finance law. Tax revenues increase by nearly 30 billion compared to the initial law.

In other words, the economic policy pursued is in all respects that of Big Government: the State spends with all its might, and is financed in part by the increase in tax revenue, of which businesses and the middle classes are the major providers.

The table below shows who, today, provides the support effort for this colossal new expenditure:

As we can see, it is the corporation tax which contributes to the bulk of the new effort, along with the VAT. Income tax only plays a marginal role. Taxing the wealth produced to support the consumption of the poorest, taxed in passing through VAT, this is a logic specific to modern monetary theory, which our readers know has taken power at the ECB since the passage of Mario Draghi, and that it is the alpha and omega of Davossian thought.

Just because Bruno Le Maire doesn’t understand anything about the play he’s playing doesn’t mean prompters aren’t there to tell him the lines he has to recite.

A policy of submission to the American friend

Behind this edifice where the State claims to do everything possible to “protect” the French people, there is in reality a major policy of rupture with the Sino-Russian bloc, and total subordination to American interests. (i.e. the Atlanticist Deep State)

The logic of these bills consists in effect in preparing energy rationing, and a substitution of purchases made from Russia by purchases made from the Atlanticist allies, or even the United States. Of course, this strategy is absolutely not discussed, neither by the majority nor by the opposition.

This silence of the political class on the real subjects of the moment is partly explained by the very nullity of the elected officials: who understood that the smoke screen which stands is only the execution of a policy blindly pro-American written somewhere else, who understood that the votes which follow one another, article after article, in the National Assembly, are only blows of a pickaxe given in the ground to dig our grave?

We will come back this week, point by point, to these elements which are being put in place in full view of everyone and no one.




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