Matt Yglesias on the stakes in the French election:
To say that implementing [Socialist opponent François Hollande’s] agenda would turn France into the new Greece is, if anything, understating the problem. Greece is small and can limp on as a ward of the European Union. If the government of France goes into open conflict with the government of Germany and the European Central Bank over the basic premises of Eurozone economic policy, then you have a profound political crisis at the heart of the project with implications much more profound than anything that could possibly happen in Greece.
Fascism is always coming to America but landing on Europe, as they say — the natural result of financial crises mixed with national resentments. There aren’t enough Jews left in Europe to serve as decent scapegoats — but there are plenty of Muslims.