Article

2006-10-08 Europe

Cash-strapped French govt selling mansions

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by lotp 2006-10-08 00:00|| || Front Page|| [1 views since 2007-05-07] Top

#1 A wise move. Next they'll sell the Rotschild holdings back to the Rotschilds -- yet again -- and they'll have enough funds for several more months.

Posted by trailing wife 2006-10-08 05:35|| 2006-10-08 05:35|| Front Page Top

#2 I think it was in 2004 than the then-finance minister sarko sold part of the french gold reserves to bail public finances out. Remember, France (or rather, the State) spends about 25% more than it earns each year, and has to borrow about 75-100 billions each time to just keep things running. And, yet, the socialists program for 2007 include more lavish spendings; go figure.

Posted by anonymous5089 2006-10-08 08:50|| 2006-10-08 08:50|| Front Page Top

#3 It's called "Bankruptcy".

Posted by Redneck Jim 2006-10-08 13:29|| 2006-10-08 13:29|| Front Page Top

#4 Pretty soon, Chapter 7, liquidation of ~~asshats~~ assets.

Posted by Alaska Paul">Alaska Paul 2006-10-08 23:57|| 2006-10-08 23:57|| Front Page Top

23:59 JosephMendiola
23:59 GH
23:59 trailing wife
23:58 Zhang Fei
23:57 Alaska Paul
23:54 Zenster
23:52 Zenster
23:51 Zenster
23:50 DMFD
23:50 Zhang Fei
23:50 anon
23:49 trailing wife
23:47 Zenster
23:44 Mike
23:42 Thoth
23:39 Angie Schultz
23:38 3dc
23:37 DanNY
23:35 3dc
23:35 GH
23:35 Thoth
23:27 Zenster
23:24 DanNY
23:23 .com