Friday, May 11, 2012

But my wealth isn't evil!

France's incoming President Hollande is well known for railing aginst the rich and thinking that "Finance" is a grave threat to the world.

Well... prepare for your shocked face:

France’s new Socialist president owns three holiday homes in the glamorous Riviera resort of Cannes, it emerged today.

The 57-year-old who ‘dislikes the rich’ and wants to revolutionise his country with high taxes and an onslaught against bankers is in fact hugely wealthy himself.
As well as the spacious Paris apartment he shares with his lover Valerie Trierweiler, Hollande owns a palatial villa in Mougins, the prestigious hill-top Cannes suburb where the artist Pablo Picasso used to live.

It is valued by the Official Journal at €800,000 (£642,000), and is just a short drive from Hollande’s two flats in the Cannes. They are each priced at €230,000 (£185,000) and €140,000 (£112,000).

Hollande has promised to cut his pay by 30 per cent after he is officially sworn in as President next week, but he will still be on €156,000 (£125,000) a year, plus fabulous expenses and other perks.

You'd think if your bit was screaming about the rich and how their greed is ruining the world, you'd be able to limit yourself to just one luxury home in Cannes...

They just can't help themselves can they?

Someone did bring up a point that spending wealth could be more "helpful" than simply retaining it, but somehow, somehow, I doubt an out and out Socialist would use trickle-down economics to justify his own riches.

Via Jammie Wearing Fool.

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