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Topic: French Socialist in Mittal Row:
We´re Just Doing What Obama Does |
French Socialist in Mittal Row:
We´re Just Doing What Obama Does
CNBC, by Stephane & Catherine Boyle
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Original Article
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Posted By:KarenJ1, 11/30/2012 10:37:45 AM
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| The French politician who said Indian steel company ArcelorMittal should leave the country has told CNBC that his government is only acting like U.S. President Barack Obama. Industry Minister Arnaud Montebourg, a member of the governing Socialist party, caused controversy last week when he said that the Indian company, which employs close to 20,000 people in France, should leave after it said it would have to close down a factory. The French government announced on Thursday that it could nationalize the factory in question, with backing from an unnamed businessman.
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Comments:
And yet anyone who calls 0bama a Socialist is attacked. He´s worse than a socialist. The "Progressive" caucus is comprised of nothing but Socialists. I long for the time when these anti-American jerks were considered dangerous to our country. Now they are a majority in the Democrat party.
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Reply 1 - Posted by:
Moritz55, 11/30/2012 11:15:27 AM (No. 9041272)
Takes one to know one. Montebourg is riight. The only news here is that we usually think of Obama following the European Socialists´ lead, not the other way around.
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Reply 2 - Posted by:
lylacat, 11/30/2012 11:55:36 AM (No. 9041334)
Yes, 0bama "nationalized" GM. The unions got the lion´s share in the deal; their huge salaries and pensions were protected, and 0bama makes the government buy many GM loser models (Volt). Now we have a government owned loan company, Ally, making loans to anyone with a pulse. 0bama did not learn anything from the housing crash. Losers are allowed to buy cars with nothing down, and you can bet Ally will go bankrupt. And the French socialists call this success? When 0bama is finally out of power, you can look for GM to go bankrupt again. Many of us will NEVER buy a GM product again in our lifetime.
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Reply 3 - Posted by:
artman1746, 11/30/2012 1:06:52 PM (No. 9041495)
They never learn.
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Reply 4 - Posted by:
stablemoney, 11/30/2012 1:36:56 PM (No. 9041576)
That´s true. All you socialists are looters.
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Reply 5 - Posted by:
oh-heck, 11/30/2012 2:32:05 PM (No. 9041699)
If I were Mittal, I would close the plant and sell it to China at a price just above scrap. They can move the control equipment and some of infrastructure to China. Mittal gets some value from the plant and prevents the government from running it with subsidies to undercut metal prices in France. Let France fight China if they dislike the deal.
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