Time to Go Back to Eating Freedom Fries
Uh oh, a Socialist was elected president of France today.
French President Nicolas Sarkozy has conceded defeat in France’s presidential elections, saying he called challenger Francois Hollande to wish him “good luck” as the country’s new leader.
Sarkozy thanked his supporters Sunday and said he did his best to win a second term, despite widespread anger at his handling of the economy.
He said “I take responsibility … for the defeat.”
Sarkozy faced voters’ anger over austerity Sunday in a presidential run-off expected to replace him with Socialist rival Francois Hollande, with far-reaching consequences for efforts to fight Europe’s debt crisis.
Get ready for the corporate American media to scare the bejesus out of us. As a matter of fact, CNN is airing a live version of its “CNN Money” show (3:00 0 4:00 p.m. ET) doing that very thing; asking how the fall of oh, say, the French economy (what a coincidence!) would affect the U.S.
And oh yeah, I guess we’re going to have to go back to eating freedom fries instead of French fries.