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Protectionism by the back door?

silverharp · 2009-02-22 17:45:37

http://news.bbc.co.uk/2/hi/europe/7904300.stm "Mr Sarkozy has suggested that in order to secure government aid, French carmakers should move production out of their East European factories and back to France." So we have US taxpayers money wasting on their bankrupt car companies , every European gov. throwing money at…

22-02-2009 5:45pm

#1

silverharp

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http://news.bbc.co.uk/2/hi/europe/7904300.stm

"Mr Sarkozy has suggested that in order to secure government aid, French carmakers should move production out of their East European factories and back to France."

So we have US taxpayers money wasting on their bankrupt car companies , every European gov. throwing money at their car companies even though nobody wants new cars now. And now added strings that even if its not in the companies interest they must do what the gov says?

A belief in gender identity involves a level of faith as there is nothing tangible to prove its existence which, as something divorced from the physical body, is similar to the idea of a soul. - Colette Colfer

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#2 22-02-2009 6:04pm

mike65

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http://www.boards.ie/vbulletin/showthread.php?t=2055486729

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#3 23-02-2009 12:11pm

Dannyboy83

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Oh god, Gordon Brown is doing that wierd gag reflex thing again.

France should bail them out, but then their foreign car companies should have to pay massive taxes on all profits i.e. 50% of Annual Net profit to the French government, until 150% of the initial bailout funds have been recovered (assuming they don't go bust).

This protectionisim lark will get us nowhere.
Read a History book, for frigs sakes.

On the other hand, with all the cr@p we are facing into right now, I guess the Irish taxpayer would be highly peed off about having to bailout AIB Polska.

(Next we'll be having National Socialism and communism)

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