Cheminade: "What I Will Vote For on May 6"
May 4, 2012 • 8:31AM

In anticipation of the May 6 run-off election in France between Nicolas Sarkozy and François Hollande, former Presidential candidate Jacques Cheminade issued a statement on May 3 with the above title.

It begins: "I will not vote for Nicolas Sarkozy. Through his bowing down to financial forces, he is responsible for the current state France finds herself in. His behavior and his electoral themes are all completely opposed to the historical mission of my country. Therefore, within my means, I will contribute to his defeat."

Since a blank vote (an empty ballot) is insufficient, Cheminade says, he will choose François Hollande in spite of all his warnings to the socialists who, when they were in power, helped put France at the mercy of financial powers.

While Hollande has stated that his main enemy is the world of finance, and that he would defend the French social model, Cheminade doesn't see how that would be possible if, at the same time, he vows to reach a balanced budget by 2017, and to enshrine a balanced budget in a law that could be voted up as early as July 2012. Moreover, for Cheminade,the contacts established between his advisors and the financial community on the need to keep the "universal" banking model, raise serious doubts.

Nonetheless, Cheminade concludes,"Everybody can change." Therefore, he will vote not only to defeat Sarkozy's policy, but also "to put Francois Hollande's on probation."If he "launches a legislative process to divide the banks in two, taking up the policy of Roosevelt in the United States and of France at the Libération, that is, if he decides against the policy adopted by François Mitterrand and Jacques Delors at the time, if he adopts the principle of national banking that allows the people to recover their power, if he clearly states that Europe has taken the wrong path and has lost its raison d'être, then he will have my support, probably more than the support of the many socialists of the Strauss-Kahn bent who have no principles. If he acts otherwise, I will be his enemy, because he will have become the accomplice of the financial world which he denounced at [his Jan. 22 meeting] in Le Bourget. I hope, for France, for Europe and for the world, that his acts, by resolving my doubts and my warnings, will serve a certain idea of France and the 'grandeur of the nation' which he raised on April 27 in Limoges."