Friday, October 22, 2010

French Senate Passes Controversial Pension Reform Bill

At NYT, "French Senate Passes Pension Bill."

It may seem strange to us that the French are protesting an increase in the retirement age to 62 years-old!

Well not only is France the supreme statist regime of Europe's major continental democracies, but the tradition of massive street protests --- on a scale that literally shuts down the nation --- dates back to the unresolved crises over the economy that emerged during the French Revolution.

See, "
Students Adopt Pension Movement as Their Own." And at Boston Globe, "France on Strike":