Beleaguered Socialist party leader defends 75% supertax on rich and appeals for calm as France teeters on brink of recessionFrançois Hollande has appeared on live television to try to convince France he has a clear vision to steer the country out of the global economic crisis.However the Socialist party president warned he had no magic wand to protect France against the pressures squeezing the country.With rocketing unemployment, stagnant growth and record-low personal popularity ratings, Hollande made a direct appeal for the French population to cut him some slack, given the scale of the country's problems.