Friday, March 3, 2017

French Presidential Candidate Francois Fillon's Home Raided By Corruption Investigators. Campaign On The Verge Of Collapse



Daily Mail: French police raid presidential candidate Francois Fillon's Paris home over claims he paid his wife for non-existant job with taxpayers' money

* Fillon raided by police as he prepared to make campaign speech 450 miles away
* He faces prison over a fake jobs scandal involving his British-born wife Penelope
* The couple have been summoned before a judge where they face being indicted
* Charges include embezzlement, which is punishable by up to ten years in prison

The Paris home of French presidential candidate Francois Fillon was raided by police today – as he prepared to make a campaign speech 450 miles away.

Mr Fillon faces prison over a burgeoning fake jobs scandal involving his British-born wife Penelope.

The couple, both 62, have been summoned before a judge where they face being indicted for a range of charges including embezzlement, which is punishable by up to ten years in prison.

Judicial police working to the examining magistrates today entered Mr Fillon’s Paris flat and ‘gathered evidence’ connected to the case, according to an investigating source.

Read more ....

WNU Editor: Francois Fillion's campaign is over .... the evidence of nepotism and massive salaries for his family is indefensible. As for the one who everyone is expeting to win .... As Fillon’s campaign stumbles, Macron seizes the spotlight (Irish Times) .... his proposals for massive spending and debt is what put France in the position that it is today.

More News On French Presidential Candidate Francois Fillon's Home Being Raided By Corruption Investigators

French Republicans Abandon Fillon as Scandal Engulfs Campaign -- Bloomberg
More cracks emerge in Fillon campaign as rivals push ahead -- Reuters
Most French want Fran├žois Fillon out of presidential race: poll -- Politico
Police raid home of France's Fillon in 'fake jobs' probe -- DW
French presidential election: Police search Francois Fillon's home amid fake jobs scandal -- The Independent

1 comment:

B.Poster said...

"his proposals for more spending and debt is what put France in the position it is in today." In this same vein, Donald Trump proposes massive increases to US military spending. He is planning to pay for this with spending cuts elsewhere and he seems to be banking on tax cuts and regulatory reform to grow the economy sufficiently to pay for this.

While regulatory reforms should help spur growth, it is questionable whether tax cuts will. Even if they do, will it be enough to support such an increase in defense spending? This seems a specious assumption at best.

Furthermore to hear DJT talk about how America has "always" led the world and will lead the world is dubious at best and Americans don't want to hear it. First of all Am3rica has not "always" led the world. For a leader of a country who has shown itself to have huge problems with managing its own affairs to talk about "leading the world" makes Americans very uncomfortable. Most Americans can barely feed the families, clothe their children, and keep roofs over the heads of their families. Such talk along with the crap of America being some sort of "exceptional" nation is to a large degree what cost Democrats the last presidential election. Most Americans understand such talk is utter nonsense.

As is the case with France, some never learn that massive government debt and spending don't have a happy ending. As is the case with America, it would be far better to scale back the commitments to a reasonable level then figure out how much we need to spend. Obviously the military is badly depleted and will need to be rebuilt. As such, we will have to invest in it but once the commitments are scaled back to a reasonable level we can better determine how much needs to be spent and on which programs.

I could elaborate but suffice it to say for America right now spending money on aircraft carries is about the absolute worst allocation of limited resources. In fact, they should be scaled back if not eliminated entirely. For example, Canada and Australia have no aircraft carries yet they are more secure than America and their citizens have a better quality of life than most Americans can ever expect to have.

Apparently