Tuesday, May 15, 2012

A Normal President with a Normal Bank Account

Arun Kapil debunks the Daily Mail's attempt to paint François Hollande as a wealthy hypocrite. I particularly like this bit:

The Mail then drops this bombshell
Among other assets are three current accounts in French banks – two with global giant Societe Generale and one with the Postal Bank – and a life insurance policy.
Wow, GLOBAL GIANT Société Générale! I guess that really does mean President Hollande is rich. Just like me having an account in the global giant Bank of America must mean that I’m rich… (though if one saw my current balance one would readily understand that I am very, very far from being rich). 

Yes, indeed. In fact, it's a little frightening to realize that I am a good deal wealthier than the president of France, what with my account in (precarious) global giant B of A, not to mention my 401k at (hopefully not precarious) Fidelity Investments. Yes, investments: I am a capitalist, O hypocrite lecteur, mon semblable, mon frère! As untrustworthy as the shifty Hollande with his Postal Savings Account. Geez. You'd think the Mail would have learned something after losing libel suits to Elton John and Tony and Cherie Blair.

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