Gates of Vienna News Feed 5/18/2012

Now that a socialist has been elected president of France — and has proposed raising the top tax rate to 75% — French capital is fleeing to Britain. The London real estate market in particular is attractive to French investors who do not want their assets in Paris to be confiscated. Meanwhile, Moody’s downgraded the debt of sixteen Spanish banks and four of the country’s regions.

In other news, a high school in Utah was fined $15,000 by the federal government for leaving a soda pop vending machine running during its lunch hour.

To see the headlines and the articles, open the full news post.

Thanks to Caroline Glick, Erick Stakelbeck, Fjordman, Insubria, JD, JP, McR, Nick, TV, and all the other tipsters who sent these in.

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Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.