Showing posts with label France pensions. Show all posts
Showing posts with label France pensions. Show all posts

Friday, February 15, 2013

Hollande Tiptoes Toward Raid on Pensions With EU Pressure

And so the predictable becomes probable:  expect more pensions to be raided.  Don't believe for a second that only French pensioners are at risk.  Every over-indebted government will go after pensions.

When convicted bank robber Willie Sutton was asked why he robbed banks, his alleged response was, "because that's where the money is."

http://www.bloomberg.com/news/2013-02-14/hollande-tiptoes-toward-raid-on-pensions-under-pressure-from-eu.html