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		<link>http://atthecore.us/375/</link>
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		<pubDate>Thu, 24 Nov 2011 08:52:11 +0000</pubDate>
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		<description><![CDATA[ A few weeks before Christmas, a doll sold by the chain Toys &#34;R&#34; Us &#34;wreaks havoc across the Atlantic to the point that offended parents rushed to the site of the company to request that it be removed at the earliest of the sale. For, they say, the doll that is part of a [...]]]></description>
			<content:encoded><![CDATA[<p> A few weeks before Christmas, a doll sold by the chain Toys &quot;R&quot; Us &quot;wreaks havoc across the Atlantic to the point that offended parents rushed to the site of the company to request that it be removed at the earliest of the sale. For, they say, the doll that is part of a set of triplets do not babble as usual by spelling his name does not twitters saying hello, do not cry when she feels lonely. No, this doll &#8230; jure. And what rough way! </p>
</p>
<p> To listen go to a child who takes her in his arms, is believed to actually hear the words crazy bitch (bitch sort of) in his babbling. Enough to jump to the families who let go on the website of the company and called for a boycott! </p>
<p> &quot;Do not buy!&quot;
<p> &quot;Return the dolls, boycott Toys&quot; R &quot;Us, outraged Sue, of Tulsa (Oklahoma, south) on the website of the chain of toys under the picture of the doll.&quot;I&#39;m outraged,&quot; exclaims also a grandmother of triplets from Boise (Idaho, north-west). &quot;My girls were 2 and a half years, I do not want her to hear such language,&quot;. </p>
<p> &quot;Do not buy,&quot; recommends his side Danyelle, Fayetteville (North Carolina, South East) who said he checked with six different people that the doll angelic promise indeed. </p>
<p> A spokeswoman for U.S. Toys &quot;R&quot; Us, said the doll is sold in the United States did not swear, and it was only a &quot;babbling.&quot; &quot;We will not sell obviously not a doll swear, &quot;said Jennifer Albano, adding that the brand of toys did not intend to withdraw from the sale. </p>
<p> This is not the first time that toys are controversial within days of Christmas.</p>
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		<link>http://atthecore.us/373/</link>
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		<pubDate>Sat, 19 Nov 2011 12:36:10 +0000</pubDate>
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		<description><![CDATA[ The virtues of rental real estate are well known. This is one of the only investments that can make on credit to build wealth. It is also a good way to prepare additional income for retirement. Finally, it is a way to accommodate her children or send them a valuable asset to start in [...]]]></description>
			<content:encoded><![CDATA[<p> The virtues of rental real estate are well known. This is one of the only investments that can make on credit to build wealth. It is also a good way to prepare additional income for retirement. Finally, it is a way to accommodate her children or send them a valuable asset to start in life. However, the life of landlords is not a bed of roses! Some trace their route on this road winding and sometimes treacherous. </p>
<p> This is the case of Vivian B., 57, teacher. This Lyonnaise conducted between 1991 and 2010, three rental investments in his city. &quot;I spaced each acquisition a decade, the time each time to pay off my credit. I always chose the studios in the IVth arrondissement of Lyon, an area popular.The lease payments used to pay me a portion of the loans, but each time I had to add 100 to 150 euros a month, &quot;she says <a href="http://easy-quick-payday-loans.com">payday loans</a><!-- . -->. Handyman, Viviane never hesitates to restore its apartments, it manages solo. Another &quot;trick&quot; by Viviane: the choice of holiday rental. &quot;This formula provides short leases, or a year. Thus, it is easier to separate from a deadbeat tenant. &quot; </p>
<p> 1500 euros of additional income per month
<p> For her, the acquisitions will stop, &quot;because this investment is not worth the shot,&quot; given the rise in property prices in particular. &quot;Every studio brings me 6%. But if I bought the same day, the yield would fall to 2.5 or 3%. &quot;Soon to retire, Viviane Heritage is satisfied that it has formed. &quot;My pension should be around 1.300euros month.</p>
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		<link>http://atthecore.us/371/</link>
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		<pubDate>Tue, 08 Nov 2011 11:04:09 +0000</pubDate>
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		<description><![CDATA[ End of Mission Didier Quillot. The Chairman of Lagardère Active, the branch of Lagardère Media, is leaving the group he joined in 2006. It will be replaced by Denis Olivennes, who now heads the information hub of Lagardère Active (Europe 1, Le Journal du Dimanche, Paris Match and Newsweb). Arnaud Lagardère person has informed [...]]]></description>
			<content:encoded><![CDATA[<p> End of Mission Didier Quillot. The Chairman of Lagardère Active, the branch of Lagardère Media, is leaving the group he joined in 2006. It will be replaced by Denis Olivennes, who now heads the information hub of Lagardère Active (Europe 1, Le Journal du Dimanche, Paris Match and Newsweb). Arnaud Lagardère person has informed its employees on Monday at the headquarters of Lagardère Active, in Levallois-Perret. </p>
<p> Didier Quillot has carried out a dual mission: first sell the regional daily press (Provence and Nice Matin) Hersant Media Group, then the international press, including international editions of Elle magazine, to 651 million euros, the American Hearst. It also comes to sell the 34% that held in the Lagardere Interactive World, the Internet subsidiary of the group Le Monde. Only in control
<p> Denis Olivennes, who continue to steer Europe1, takes over to a new stage.Upon his arrival in September 2006, Didier Quillot, former head of Orange, was primarily to Lagardère Active, ex-Hachette Filipacchi Media, &quot;a leading international publisher of multimedia content in the markets and multigéographie&quot; . The group was then &quot;not good enough,&quot; the admission of the new boss. On a turnover estimated at 2.2 billion euros, Web activities weighed only a few percent. The other part of his mission was to change the group &quot;a strategy of alliances and acquisitions in the digital.&quot; </p>
<p> This is the case with several operations &quot;structuring&quot; the redemption of the end of 2006 Newsweb (sports.fr, boursier.com, autonews.fr) for 75 million euros, then Jumpstart Automation, an online advertising in the U.S. United paid 60 to 80 million.</p>
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		<title>Tax: light drinks would not be spared</title>
		<link>http://atthecore.us/tax-light-drinks-would-not-be-spared/</link>
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		<pubDate>Fri, 14 Oct 2011 04:48:13 +0000</pubDate>
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		<description><![CDATA[ The fans thought they were lights beverage spared the tax on soft drinks made by the Government in late August. Did not count on a UMP Amendment / New Centre approved in committee Wednesday as part of the review of the draft budget 2012. While the amount of tax on sugary soft drinks is [...]]]></description>
			<content:encoded><![CDATA[<p> The fans thought they were lights beverage spared the tax on soft drinks made by the Government in late August. Did not count on a UMP Amendment / New Centre approved in committee Wednesday as part of the review of the draft budget 2012. While the amount of tax on sugary soft drinks is on track to be doubled, MPs are now looking to expand the scope of this tax on soda beverages containing sweeteners. </p>
<p> The government, which did not include this option in the first place, now says not to exclude the idea. &quot;It is the wishes of the parliament, we will discuss,&quot; said the spokesman of the government, Valérie Pécresse, on the set of Canal + on Thursday. </p>
<p> The stakes are high for the government because the sugar-free drinks, but with sweeteners that give a sweet taste, is increasingly consumed.Today, they account for 17% of the soft drinks market with strong brands like Diet Coke or Coke Zero. </p>
<p> No figures have yet been provided about the extra tax revenue that would generate this new amendment, if adopted in plenary session. The previous amendment adopted by the Finance Committee of the National Assembly, to double the amount of tax, also remains to be validated by all the members. By itself, it could generate a windfall estimated at 250 million euros a year, instead of 120 million euros initially planned. The rate of contribution on the sodas would be increased to 6.22 euros per hectolitre in 2012.Then he would be raised from the beginning of 2013, to January 1 of each year, at a rate equal to inflation (excluding tobacco) in the penultimate year. </p>
<p> Support the agricultural sector
<p> As announced in the Figaro, the objective of this expansion drinks with sweeteners is to finance the lower cost of agricultural labor &quot;to allow our farmers to sell their products at the same price as Germany and Spain&quot; explains Valérie Pécresse <a href="http://payday-4all.com">payday advances</a><!-- . -->. The government has in fact reduced in 2012 from 210 million payroll taxes on permanent farms. The tax will be reviewed and corrected to about half. </p>
<p> The industrial problems digesting the news. &quot;We said from the beginning that it was normal to participate, provided that everyone involved in the fight against deficits.Simply, we do not want to be the adjustment variable of all the deficits that pass and on which we have not much to see, &quot;said Jean-Rene Buisson, president of the National Association of Food Industries (Ania ). The doubling of the tax sodas would, he said, an estimated increase &quot;between 0.2 and 0.3 cents&quot; per can. </p>
<p> No problem for Michel Diefenbacher UMP (UMP): &quot;These drinks, which are not basic necessities, benefit from the reduced VAT rate.They must be able to withstand the additional load generated by this new contribution, &quot;says he in a sub-amendment. </p>
<p> But for now, nothing is yet definitively confirmed nor on the doubling of the tax, nor about its extension to drink with sweeteners. </p>
</p>
<p> End of aspartame in system U
<p> The distribution group Système U has chosen to abandon the use of aspartame in soft drinks sold under any brand, starting in January. For the first time a manufacturer makes such a decision. This choice responds to the concerns of the European Food Safety Authority (EFSA) on the effects of this artificial sweetener. </p>
<p> Système U has already banned the use of parabens in cosmetics and Teflon in cookware. Its chairman Serge Papin, expresses his desire to &quot;become a leader in healthy products.&quot;
<p> ALSO READ: </p>
<p> &quot;The tax on soft drinks industry reacted </p>
<p> &quot;GAME NEWS &#8211; Target budget: Drive the finances of the state </p>
<p> &quot;INTERVIEW -&quot; A day of natural fruit is as sweet as a soda &quot; </p>
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		<title>Barroso wants to recapitalize &quot;emergency&quot; banks</title>
		<link>http://atthecore.us/barroso-wants-to-recapitalize-emergency-banks/</link>
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		<pubDate>Wed, 12 Oct 2011 16:33:10 +0000</pubDate>
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		<description><![CDATA[ &#34;The speed of the European Union should not be that of its slowest member,&#34; hammered José Manuel Barroso on Tuesday before the European Parliament. In the aftermath of the rejection of strengthening the European Fund for assistance to indebted countries (EFSF) by the Slovak Parliament, the President of the European Commission urged member countries [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;The speed of the European Union should not be that of its slowest member,&quot; hammered José Manuel Barroso on Tuesday before the European Parliament. In the aftermath of the rejection of strengthening the European Fund for assistance to indebted countries (EFSF) by the Slovak Parliament, the President of the European Commission urged member countries to continue efforts to stop the contagion of sovereign debt crisis in the area euro. Jose Manuel Barroso called for a recapitalization &quot;emergency&quot; banks as part of a &quot;roadmap&quot; gathering proposals from the Commission to support the banking sector.The latter, weakened by the debt crisis, is under pressure from the collapse of the Franco-Belgian Dexia facility. </p>
<p> Bank recapitalization should be conducted in a &quot;coordinated&quot; by members of the euro area to counter &quot;the threat of systemic crisis that is taking shape,&quot; said José Manuel Barroso. Specifically, it proposes to raise the minimum capital &quot;hard&quot; of banks, without giving precise figures. To achieve this, banks must first use of private sources of funding and, if necessary, seek the support of the national authority. If the state is not able to provide the necessary assistance to the bank, a loan will be contracted by the EFSF. </p>
<p> In the absence of recapitalization, the banks should not pay bonuses or dividends, said Jose Manuel Barroso.Their exposure to sovereign debt should be evaluated &quot;in a transparent manner <a href="http://pay-day-loans-4all.com">overnight pay day loans</a><!-- . -->.&quot; </p>
<p> The EFSF, rose to be replaced mid-2012
<p> In addition, the sixth tranche of aid to Greece must be paid, said the President of the Commission. The country should also get a second loan that would be based on &quot;sufficient funding for the participation of public and private sectors.&quot; </p>
<p> Other Commission proposals: the EFSF must be increased to &quot;maximize&quot; his strike force. This must be done through a &quot;leveraged&quot; with no financial guarantees for new states. In addition, Jose Manuel Barroso called again to accelerate the establishment of permanent mechanism should succeed the EFSF. The &quot;European Financial Stability Mechanism&quot; (MES) is projected by the President of the Commission, to take effect mid-2012, not mid-2013 as planned.With 500 billion euros of lending capacity, this mechanism would directly buy the debt of the states in the primary market, not like today only in loans. </p>
<p> Finally, José Manuel Barroso is also income, without naming them, the &quot;Eurobonds&quot;, or &quot;Eurobonds&quot;, mentioned as a solution to the debt crisis. The Commission will present by the end of the year, a proposal to allow the creation of the &quot;obligations of stability.&quot; </p>
<p> ALSO READ: </p>
<p> &quot;Europe is willing to recapitalize banks </p>
<p> &quot;Brussels pushing to recapitalize banks </p>
<p></p>
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		<title>Action Housing continues the state court</title>
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		<pubDate>Mon, 10 Oct 2011 23:40:10 +0000</pubDate>
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		<description><![CDATA[ Having long raged about the punctures of the State Budget, Action Housing, the former 1% housing, just go on the offensive. Reportedly, the joint body attacked last Friday before the Paris Administrative Court of the State&#39;s decision to withdraw 3.7 billion euros between 2009 and 2011. These funds are used to finance the Anah [...]]]></description>
			<content:encoded><![CDATA[<p> Having long raged about the punctures of the State Budget, Action Housing, the former 1% housing, just go on the offensive. Reportedly, the joint body attacked last Friday before the Paris Administrative Court of the State&#39;s decision to withdraw 3.7 billion euros between 2009 and 2011. These funds are used to finance the Anah (National Housing) and ANRU (National Renewal). &quot;We made an informal appeal with the government against the decree fixing the puncture but we never received a reply, said Jean-Pierre Guillon, Chairman of the Supervisory Board of Action Housing. We decided to attack the government for abuse of power. &quot; </p>
<p> Smart devices
<p> If Action Housing is the case in court today is with an idea behind the head.Last July, the government has said that he would collect 3.25 billion euros over the period 2012-2014. To sweeten the pill, the Secretary of State for Housing, Benoist Appeared, has committed to implement clever financial engineering to boost the cash flow of Action Housing. &quot;But we have no documents indicating that commitment forward Jean-Pierre Guillon. If the minister changed, the following may not feel bound by that promise. &quot;More generally, Action Housing, which collects 0.45% of payroll companies, believes that this aspiration will prevent it from fulfilling its mission . For example, he does not see how it could fund 45,000 homes for young people as he had promised a few months ago.</p>
<p> With this lawsuit, it seeks to pressure the state to be released in the coming weeks the decree laying down the drain of 3.25 billion between 2012 and 2014. </p>
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		<title>Ghosn&#039;s efforts to regain Renault</title>
		<link>http://atthecore.us/ghosns-efforts-to-regain-renault/</link>
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		<pubDate>Sun, 09 Oct 2011 10:40:08 +0000</pubDate>
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		<description><![CDATA[ Came one week in Brazil to announce the expansion of the Renault plant in Curitiba (Parana State) and the creation of a site for Nissan in Resende (Rio de Janeiro), Carlos Ghosn, CEO of both companies, was welcomed as a head of state in his homeland. 
 Last Saturday, the President of the Republic, [...]]]></description>
			<content:encoded><![CDATA[<p> Came one week in Brazil to announce the expansion of the Renault plant in Curitiba (Parana State) and the creation of a site for Nissan in Resende (Rio de Janeiro), Carlos Ghosn, CEO of both companies, was welcomed as a head of state in his homeland. </p>
<p> Last Saturday, the President of the Republic, Dilma Roussef movement shifted to receive it. &quot;We are very proud of you,&quot; she would have slipped to the one she considers the child in the country. He also had dinner in an atmosphere of &quot;friendship&quot; with the two governors of states where the group operates, before signing the agreements in their luxurious palaces. Finally, it was applauded by the workers of Curitiba, massed on the lawn of a sunny site, which he wrote a speech. </p>
<p> Relaxed as ever, we feel in his element.&quot;It&#39;s good to be true that in Brazil,&quot; said the globe-trotting owner, who was about to visit this weekend to his mother and two sisters, who live on site. For him, this country is a paradise full development. Here, as in China, &quot;we prefer to see what will, while in Europe the focus is on what&#39;s wrong.&quot; </p>
<p> Yet it is this gloomy old continent &#8211; particularly in France, where he is idolized as far from Japan, China or Brazil &#8211; that he decided to spend more time, &quot;pulling consequences &quot;of the false espionage earlier this year. </p>
<p> For many, this fiasco was proof that the owner of two companies whose headquarters are located 10,000 kilometers away, was disconnected from the reality of Renault.Many employees, union representatives, but also members of the government, which accused him of favor at the expense of Renault Nissan, having sought to speed up the relocation. </p>
<p> &quot;Today I am more present in France,&quot; he says, whereas previously the Hexagon was only 35% to 40% of its schedule. Nissan is going at full speed in China or the United States, Carlos Ghosn promised then to look at the head of Renault, less efficient <a href="http://pay-day-loan-s.com">no fax pay day loans</a><!-- . -->. Japanese sales are expected to double according to him between 1999 and 2011, reaching 4.8 million units, while those of Renault have increased marginally over the period (2.6 million last year). Goal back on track in Europe, where sales of the group fell by 10.6% over the first 8 months of the year.But also boost the image of a registered design banal and lacking in high-end models. </p>
<p> One patron
<p> &quot;Pragmatic,&quot; Carlos Ghosn admits he made mistakes. &quot;I was probably too delegate and I paid the consequences,&quot; he admits. &quot;One of the problems at Renault, is that people felt that there were two bosses. There must be only one boss, and that&#39;s me, &quot;he insists. As a result, the CEO, for whom the &quot;management of Renault changed,&quot; &quot;regained control of a number of operations&quot; as the high end, human resources, communication or the ethics committee . He also concedes that the crisis has had under &quot;to clean up relations&quot; with the state (which holds 15% stake) and make the company &quot;more mature&quot;.</p>
<p> Be present at the headquarters of Renault and be first in line, that is precisely what the CEO had promised, after the reorganization of the group in late May, which had weighed heavily on the government. Paying for his handling of the &quot;case&quot;, Patrick Pelata, Renault&#39;s number two, had been set aside in favor of Carlos Tavares. </p>
<p> Mechanically, the scope of responsibility of Carlos Tavares, his number two has narrowed compared to that of his predecessor. &quot;It has fewer powers,&quot; but of &quot;autonomy in what remains,&quot; said Carlos Ghosn. </p>
<p> The question is whether the iconic CEO will honor its commitments over time. One thing is certain, it is restore the image of the diamond brand in Europe find it in France a strong credit started this winter. </p>
<p> ALSO READ: </p>
<p> &quot;Renault-Nissan reinforce Brazil </p>
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		<title>Crisis: CEOs more pessimistic than in 2008</title>
		<link>http://atthecore.us/crisis-ceos-more-pessimistic-than-in-2008/</link>
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		<pubDate>Tue, 04 Oct 2011 22:44:12 +0000</pubDate>
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		<guid isPermaLink="false">http://atthecore.us/crisis-ceos-more-pessimistic-than-in-2008/</guid>
		<description><![CDATA[ Worse than the fall of 2008, &#34;58% of business leaders consider an inevitable deterioration in the economic situation,&#34; according to the survey conducted in 2011 by the Chamber of Commerce and Industry of Paris (CCIP). This survey was conducted during September, with 5000 businesses with fewer than 500 employees, representing the economic fabric of [...]]]></description>
			<content:encoded><![CDATA[<p> Worse than the fall of 2008, &quot;58% of business leaders consider an inevitable deterioration in the economic situation,&quot; according to the survey conducted in 2011 by the Chamber of Commerce and Industry of Paris (CCIP). This survey was conducted during September, with 5000 businesses with fewer than 500 employees, representing the economic fabric of Ile de France and the country as a whole. There were only 48% of patrons to express such a fear in September 2008, at the time of the bankruptcy of Lehman Brothers, which would trigger a few months later a global recession &#8211; in France, in particular, GDP declined by 2.5% in 2009. </p>
<p> A remake of 2008-2009 is in everyone&#39;s head. But comparison is not right.&quot;Companies now have to pay much less than in 2008 and stocks the contrary, they have much better treasuries, said Pierre-Antoine Gailly, President of the CCIP. For the whole of France, their current account deposits at banks now amount to 180 billion euros, 20 billion more than in 2008. &quot; </p>
<p> The CCIP also notes that if the concern that banks limit access to credit are large, this fear has not yet materialized. Moreover, the dreaded cold snap on the situation at the moment is focused on Europe, while in 2008 it had distributed instantly worldwide. Clearly the multiplier effects that had abruptly fired three years ago now seem less formidable.The current crisis follows a phenomenon much more confidence that it reflects a mechanical depression <a href="http://guaranted-unsecured-personal-loans.com">guaranteed unsecured personal loan</a><!-- . -->. </p>
<p> Bring to a faster response to the crisis in Greece
<p> Thinning can therefore act only through a return of confidence, it says in the CCIP. First in Europe: it is faster to make a response to the crisis in Greece and more generally to uncertainties in the sovereign debt. </p>
<p> Second key point: the situation of banks and their ability to finance the economy. There also should clarify the situation, including the definition of the application of Basel III on capital requirements. </p>
<p> Third dimension, unique to France, the presidential campaign. She never held in such a climate of economic turmoil, with what is more significant questions about a possible alternate.Two factors, by definition, anxiety, do you recognize the CCIP where one refrains from taking sides of course on the merits. Much will depend on the conduct of the presidential campaign, knowing that in times of uncertainty the temptation of inaction is great for business. </p>
<p> Everything will be in the speech
<p> The survey conducted last September marked a sharp decline in climate, especially in SMEs. The synthetic indicator currently stands at 91 down from 106 in September 2006, at the last presidential campaign for SMEs. For larger companies, this indicator is 96 against 104 five years ago. While governments have no fiscal space to influence the deal, everything will be in the speech. The power of words never been so great. </p>
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		<title>Refinery strike threat to hard Berre and elsewhere &#8230;</title>
		<link>http://atthecore.us/refinery-strike-threat-to-hard-berre-and-elsewhere/</link>
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		<pubDate>Thu, 29 Sep 2011 04:00:12 +0000</pubDate>
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		<guid isPermaLink="false">http://atthecore.us/refinery-strike-threat-to-hard-berre-and-elsewhere/</guid>
		<description><![CDATA[ As soon as the announcement by LyondellBasell Tuesday in council, the forthcoming closure of the Berre refinery, which employs 370 people, of all 1270 employees of a petrochemical site voted renewed strike of 24 hours. &#34;More than a thousand employees, including much of the leadership, voted to stop all of the site, that is [...]]]></description>
			<content:encoded><![CDATA[<p> As soon as the announcement by LyondellBasell Tuesday in council, the forthcoming closure of the Berre refinery, which employs 370 people, of all 1270 employees of a petrochemical site voted renewed strike of 24 hours. &quot;More than a thousand employees, including much of the leadership, voted to stop all of the site, that is to say the refinery, but also units of petrochemical and oil depots, and blocking of entrances and exits, &quot;said Patrick Sciurca, spokesman of the Inter (CGT, CFDT, CFE-CGC, FOR, CFTC). &quot;We&#39;re dealing with rogue bosses. They force us to take tough positions that we can further tighten, &quot;says the union.CGT announced yesterday that the general meetings will be held in all French refineries this morning. </p>
<p> In 2010, the area was paralyzed by a social movement in response to the announcement of the closure of the Flanders refinery, operated by Total in Dunkirk <a href="http://fcrwizard.com">freecreditscore</a><!-- . -->. At the time, the conflict had disrupted fuel distribution in France. </p>
<p> At Berre, the sale of the refinery achieved no result, LyondellBasell prefer to stop the costs: it has indeed lost 400 million euros since its acquisition in 2008 and is expected to be € 120 million deficit in 2012 . &quot;It&#39;s the only number that management has given us. They are unable to tell us what results come out the whole site with or without the refinery while a McKinsey study estimated that closing the refinery would deprive downstream from the site of 80 million margin of integration &quot; , Patrick gets upset Sciurca. </p>
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		<title>Your money is of interest to banks and the State</title>
		<link>http://atthecore.us/your-money-is-of-interest-to-banks-and-the-state/</link>
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		<pubDate>Mon, 19 Sep 2011 11:16:09 +0000</pubDate>
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		<guid isPermaLink="false">http://atthecore.us/your-money-is-of-interest-to-banks-and-the-state/</guid>
		<description><![CDATA[ &#34;Frankly speaking, I am interested in your money.&#34; All those who lived through the 1970s and 1980s remember the shock of the BNP slogan, which even then was nationalized. No bank would dare to go now so funny and cynical investors. Yet that is what is happening in practice. While the international financial markets [...]]]></description>
			<content:encoded><![CDATA[<p> &quot;Frankly speaking, I am interested in your money.&quot; All those who lived through the 1970s and 1980s remember the shock of the BNP slogan, which even then was nationalized. No bank would dare to go now so funny and cynical investors. Yet that is what is happening in practice. While the international financial markets flageolent, banks have flared up the race for deposits in the Hexagon.Are there in fact more convenient way to strengthen its balance sheet to use the savings of the French? Crédit Agricole and Crédit Mutuel, among others, have increased their advertising in favor of ELP, the savings plan housing new way: these deposits are considered by the now famous Basel Committee, responsible for defining prudential norms &#8211; as quasi-equity for financial institutions. </p>
<p> Banks are not the only ones eyeing the nest egg lights. The state is known, has an unquenchable thirst for money. The temptation is great to draw from as well. Jérôme Chartier, MP Val-d&#39;Oise, has proposed that individuals have the opportunity to subscribe directly to the obligations of the State, Treasury bonds (OAT). &quot;We could start with finance and 10% of total annual loan of 220 billion euros,&quot; he suggests.It envisages a system of subscription on the Internet to avoid the costs inherent in banking networks, including management fees may represent an additional 1% (plus interest). </p>
<p> The project is not entirely new. It was piloted in 1994 by the Balladur government: the Treasury reserving a specific tranche &quot;OAT individual&quot; in its broadcasts. This financial instrument was abandoned in 2006 due to attract customers. The &quot;widow of Carpentras&quot; (the small investor) preferred then feed the bubble stock exchanges, judging the performance of OAT profitable enough, recalls one at Bercy.For its part, the Treasury was less expensive to seek international investors. </p>
<p> In the red for nine years
<p> Change of scenery in 2011: local savings find the discreet charm of the bourgeoisie when the foreign markets on which the Agency France Trésor is currently funding two-thirds of the debt of the State, may be closed like an oyster. &quot;In Italy and Japan, the holding of public debt by individuals is important, between 10% and 15% of their financial wealth, whereas in France it is ridiculous,&quot; said Professor André Babeau, which publishes this week his new book (the financial behavior of the French by Editions Economica) <a href="http://businesscardsabc.com">business card</a><!-- . -->.However, he rejects the proposal made by Edouard Balladur last spring to create a sinking fund debt based on perpetual bonds placed in the public and paid at the rate of A booklet with the same tax exemption. &quot;Will he go to the forced loan, a formula that had not even been used in three major loans from the First World War?&quot; He quips. </p>
<p> The French are often presented as a nation of ants with a sense of the economy, but it is largely an illusion. Their financial wealth is certainly valued by the Bank of France in 3643 billion (31 December 2010), more than twice the amount of the debt.Better last year households &quot;putting money left&quot; to the tune of 207 billion euros, according to the INSEE (the savings is the difference between disposable income, after tax, and what is spent on consumption). </p>
<p> The gross saving rate of individuals is thus one of the world&#39;s highest (15.1% of their income) while the State and other jurisdictions have charged at the same time an overall deficit of 136.5 billion francs (in 2010). The contrast is striking. The French seem virtuous individual, when it comes to managing their own money. But it is brought to vice, in any case the prodigal when he is in the community and the public finances are.&quot;The State, this great social fiction through which everyone endeavors to live at the expense of others,&quot; concluded the polemicist already Frederic Bastiat (1801-1850), apostle of liberalism. </p>
<p> Should be taken into account simultaneously all these elements to assess the situation. It appears that &quot;France is not a global investor,&quot; says André Babeau. When calculating the surplus individuals, public sector deficits and financing needs of businesses, the House France has a deficit of 42 billion external euros (in 2010). And for nine years, the country continues to be in red. </p>
<p> The deposit within the French savings banks look at him with lust and the state could make a guarantee of national independence and the markets stateless. But clearly, the jackpot can not be used twice.Even banks and insurance companies are fighting to capture the windfall, where the ebb of life insurance in recent months. The State will be there the third robber in the story? </p>
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