Germany upset over our socialist government

Discussion in 'Current Events' started by Ravi, Sep 25, 2008.

  1. Ravi
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    Ravi Diamond Member

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    This is kind of funny.
    UPDATE 1-German carmakers attack U.S. govt help for rivals | Markets | Bonds News | Reuters
     
  2. WillowTree
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    WillowTree Diamond Member

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    should we send them a quarter?
     
  3. mightypeon
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    mightypeon Active Member

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    Actually, the only German party in support of the 700 billion bill are the extreme left "Linkspartei" which are so left that the Social Democrats (who would be on the extreme left end of the US democrats) claim they will not cooperate with them at state level.
     
  4. Diuretic
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    Diuretic Permanently confused

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    So much for free trade. But it speaks volumes. Another bailout for another failing industry. Where will it end?
     
  5. Ravi
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    Ravi Diamond Member

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    A good question, that. I have a feeling we won't know for quite some time.
     
  6. Navy1960
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    Navy1960 Senior Member

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    This is the same country that for years and year sent billions to Airbus in subsidies at the expense of Boeing. Now they complain, about the US being to socialist, I'm waiting for all their Eurpoen partner to chime in and say the same thing. However, we don't need to be rewarding bad business or irresponsibility by giving blank checks to every industry that needs a lift. You do realize after the auto industry, come the Airlines again, then the aerospace industry, then etc etc.
     
  7. Diuretic
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    Diuretic Permanently confused

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    Was it subsidies? I thought Airbus Industrie was a French- German consortium underwritten by governments? Or something like that anyway.

    But it looks like Germany is positioning itself:



    U.S. to lose financial superpower status: German finance minister - MarketWatch
     
  8. Ravi
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    Ravi Diamond Member

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    This is what scares me the most, really, losing our edge as superpower. Maybe that's selfish, but there it is...
     
  9. CA95380
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    CA95380 USMB Member

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    I have stock in a local "pet store". Am I included in the bailout? If I am they forgot to send me the application to apply. Shit! :eusa_eh:
     
  10. Navy1960
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    Navy1960 Senior Member

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    Airbus S.A.S. (pronounced /ˈɛərbʌs/ in English, /ɛʁbys/ in French, and /ˈɛːɐbʊs/ in German) is an aircraft manufacturing subsidiary of EADS, a European aerospace consortium. Based in Toulouse, France, and with significant activity across Europe, the company produces around half of the world's jet airliners.

    Airbus began as a consortium of aerospace manufacturers. Consolidation of European defence and aerospace companies around the turn of the century allowed the establishment of a simplified joint stock company in 2001, owned by EADS (80%) and BAE Systems (20%). After a protracted sales process BAE sold its shareholding to EADS on 13 October 2006.[3]

    Airbus employs around 57,000 people at sixteen sites in four European Union countries: Germany, France, the United Kingdom, and Spain. Final assembly production is at Toulouse (France), Hamburg (Germany) and Seville (Spain).

    Airbus - Wikipedia, the free encyclopedia

    EADS recieves subsidies from several of it's european partner governments Diuretic, it's one reason why the U.S and Europe are at odds with each other in the WTO at the moment on the very same subsidies. However, that being said, I still don't belive my government should come to the rescue to a company that runs itself into the ground because of it's business "irresponsibility". I didn't see the US government rushing to save Eastern Airlines, or McDonnell Douglas.
     

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