In a prior column I described how the finance ministers of Italy and Serbia committed financial malpractice and betrayed their nations and their heads of state by insisting on bleeding the economy through austerity to make it healthy. “Two EU Finance Ministers Throw their Bosses and Nations Under the Bus.”
In France, however, Economy Minister Arnaud Montebourg risked his political life to try to prevent President Hollande from throwing France and the Socialist Party under the austerity bus. Hollande and Prime Minister Valls proved that no good deed goes unpunished by forcing Montebourg out of his position and throwing the Nation and their Party under the bus. Montebourg proved the truth of the proverb that warns that it is dangerous to be correct when those in power are desperately wrong.