Global markets jump as Macron takes lead in French election

If this doesn't show the tie between politics and the "Wall Streets" of the world, I don't know what would.

Global markets jump as Macron takes lead in French election; CAC up 4%, gold sinks 1%

The euro traded to a five-month high overnight on Sunday as exit poll results filtered in, with the European currency jumping by 1.35 percent to close at 1.0873 versus the U.S. dollar, having traded above the 1.09 handle earlier in the session before losing a little steam.... The Financial Times noted that the single currency's jump was its best daily leap in 10 months. 1-month implied volatility in the currency also sank by over a third early Monday.

Equity markets in Asia tracked higher on Monday with Japan's Nikkei 225 index ending the session up by 1.4 percent and both Australia's ASX 200 and Hong Kong's Hang Seng indexes in positive territory.

http://www.cnbc.com/2017/04/24/global-markets-jump-as-macron-takes-lead-...

Seems as though the monied people, the investor class, really wanted Macron and may get what they want. Quelle surprise!

BTW, guess who sold centrism to formerly liberal Europe? Her, and the same guy who, in theory, got funding for the Democratic Leadership Council from Koch Industries, Merck and other corporations and put the Koch Brothers on the Executive Council of the DLC. http://americablog.com/2010/08/koch-industries-gave-funding-to-the-dlc-a...

In 1998, with First Lady Hillary Clinton, From began a dialogue with British Prime Minister Tony Blair and other world leaders, and the DLC brand – known as The Third Way – became a model for resurgent liberal governments around the globe.[18]

In April 1999, he hosted an historic Third Way forum in Washington with President Clinton, Prime Minister Blair, German Chancellor Gerhard Schroeder, Prime Ministers Wim Kok of the Netherlands and Massimo D'Alema of Italy.

https://en.wikipedia.org/wiki/Al_From

My take: Al From is not the guy who got funding from the Koch Brothers for the DLC. Rather, From, who is from the red, red state of Indiana,* is the guy the Koch brothers chose to front the conservative takeover of the Democratic Party. IOW, From was to founding of the DLC as Dick Armey was to founding of Freedom Works and the Tea Party--a front man for the Koch brothers. http://www.nytimes.com/2010/08/29/opinion/29rich.html

The Koch brothers had a Tea Party-like organization in mind all the way back in 1980, but correctly decided turning the Democratic Party conservative would be their first priority. That said, they probably were working within the Republican Party as well: Well before the Tea Party, the Republican Party changed dramatically from what it had been in the 1970s. Again, my take. One rarely finds evidence of what rats did in the dark, apart from what can be surmised from the trail of turds the rats left behind, also known as "circumstantial evidence." (Circumstantial evidences fares better with juries than it does with centrist message board posters, especially when it comes to the Clintons.)

Many of the ideas propounded in the 1980 campaign presaged the Tea Party movement. Ed Clark told The Nation that libertarians were getting ready to stage “a very big tea party,” because people were “sick to death” of taxes. The Libertarian Party platform called for the abolition of the F.B.I. and the C.I.A., as well as of federal regulatory agencies, such as the Securities and Exchange Commission and the Department of Energy. The Party wanted to end Social Security, minimum-wage laws, gun control, and all personal and corporate income taxes; it proposed the legalization of prostitution, recreational drugs, and suicide. Government should be reduced to only one function: the protection of individual rights. William F. Buckley, Jr., a more traditional conservative, called the movement “Anarcho-Totalitarianism.”

That November, the Libertarian ticket received only one per cent of the vote. The brothers realized that their brand of politics didn’t sell at the ballot box.

http://www.newyorker.com/magazine/2010/08/30/covert-operations

The Democratic Leadership Council was incorporated in 1985, and took off running, which means it was in the works well before incorporating. I see no other reason why it would have taken so long for the Kochs to astro-turf the Tea Party, if that had been their first political priority.

Although it is a bit off topic: Many know about A.L.E.C. (American Legislative Exchange Council), which, among other things, "helps" write U.S. legislation. http://www.alecexposed.org/wiki/ALEC_Exposedlhttps://www.alec.org/ I have little doubt the Koch brothers figure prominently in ALEC. Less famous, perhaps is ALEC's much bigger brother, the U.S. Global Leadership Coalition. https://en.wikipedia.org/wiki/U.S._Global_Leadership_Coalition They are huge; we are not; they have money to burn, (possibly even tax deductible to their corporations), we do not; they are very organized, we are not unified, let alone organized. Just saying.
___________________________________________________________________________
*Indiana did go to Obama in 2008, but: (1)An Obama ancestor had been a big figure in Indiana politics; (2) the Obama campaign had made a huge push in Indiana, sending volunteers to live there for the entire summer; and (3) Bush disapproval and the crash of 2008, with items (1) and (2) mad it the perfect storm for an Obama win.

Share
up
0 users have voted.

Comments

ggersh's picture

real amerikan history we never hear or learn about.

Here is another one, coming from trump and NYC where
one can say austerity got it's beginnings.

https://theintercept.com/2017/04/23/fear-city-explores-how-donald-trump-...

up
0 users have voted.

I never knew that the term "Never Again" only pertained to
those born Jewish

"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"

Heard from Margaret Kimberley

@ggersh @ggersh

Only recently have I begun recovering from my public school brainwashing training with respect to the U.S. And only after Obama appointed Rahm Emanuel as Chief of Staff did I begin learning about the DLC and New Democrats. I began learning from comments on a political message board that spurred me to research. I am not sure what productive outcome has resulted so far from my learning as I don't have a clue what, if anything, I could do that would be meaningful. I keep hoping to find a way.

I've gone back to that board to see if I wanted to preserve in my own files any of my own posts there. Most recently, I've been looking at posts from 2013. I'd forgotten that by 2013, maybe before, I'd already concluded there was nothing we could do. How I got to hoping again, I'm not sure. Maybe, contrary to both conventional wisdom and Bush the Lesser's version of it, Fool me once and you can probably fool me again? Once a sucker always a sucker? Or maybe it's just moi.

No matter how cynical you become, it's never enough to keep up.

Lily Tomlin

up
0 users have voted.
ggersh's picture

@HenryAWallace maybe OWS, BLM or a combination of all the above as well
as some outside factor, Jimmy Dore, TYT, people here?

For me the whole system needs a reset, as long as the oligarchs
neoliberals, MIC still run the joint ain't nothing going to change
except that the people still have hope.

up
0 users have voted.

I never knew that the term "Never Again" only pertained to
those born Jewish

"Antisemite used to be someone who didn't like Jews
now it's someone who Jews don't like"

Heard from Margaret Kimberley

and was involved as much as I could be. OWS was 2011 and beyond and I was hopeless in 2013. It was not very definitely not Jimmy Dore or the Young Turks or this board. It was not Bernie's run, which did make me happy. However, it may have been the way that Americans reacted to Bernie initially, the early rallies, especially in L.A., NYC and Boston.

Or, maybe, as I said in my other post, once a sucker (for hope), always a sucker (for hope).

up
0 users have voted.