World News: France election: François Hollande defeats Nicolas Sarkozy to become president - thestar.com
This is huge. Germany and France have been pushing failed austerity packages onto the rest of the European Union for years now. This election is a referendum against that. France will now pose an ideological challenge to Angela Merkel's Germany.With 51.7 per cent support, French voters elected socialist candidate François Hollande as president Sunday. The vote makes France the first euro-zone country to elect a left-leaning leader since the currency’s crisis started in 2009.
The new president will head to Berlin shortly after being sworn in May 15 to challenge Germany’s focus on austerity policies and press new ideas for stimulating growth.
I believe this is the harbinger of doom for the right wing malaise that has gripped the world since Reagan and Thatcher. The signs are all over the place. France elects Hollande. Greece's far left garnered a huge number of votes. Even Germany had a small regional election that put the Greens, Social Democrats, and the new left-leaning Pirate Party into power. The Occupy movement has been resurgent since the winter lull. There is widespread outrage against the Condem coalition in the UK. Scotland elected the left-wing SNP into a majority government. Labor unions are on the march again. And Barack Obama has carefully steered the country's discourse into one of economic fairness. Put simply, we are about to witness the birth of a new left-leaning political era not seen since the World War II era, closing the chapter on the last thirty years.