Tuesday, October 09, 2012

Germany exposes the iron fist of solidarity over Greece & EADS

The following quote from Germany comes from the Chines media:

For his part, the FDP's parliamentary chief, Rainer Bruederle, told the Welt am Sonntag newspaper that the chancellor's visit was “a clear sign of our solidarity with Greece.”  

Politicians from the opposition Social Democratic Party (SPD) and Greens struck a similar tone ahead of the visit, Merkel's first to Greece since the eurozone debt crisis ignited nearly three years ago.

Elsewhere German arrogance, disguised as EU solidarity, is displayed in the demand that should the merger of the Franco/German aircraft and defense firm EADS with British Aerospace be allowed to proceed, the combined company must be headquartered in Germany and the French and German Governments be given authority to retain state shareholdings.

Britain's remaining defence will thus lie almost entirely within foreign control, its non-EU markets in the USA, Australia, Canada and othe Commonwealth countries neutered and therefore our islands doomed to insignificance in a very short time.

Like Britain's power utilities, manufacturing industry, chemical busiuness and so many other once strong international concerns, British Aerospace will have been destroyed.

Less than 70 years since the end of WWII, Germany will have disarmed our country.

It seems the Prime Minister, David Cameron's party conference speech tomorrow could not fall at a more appropriate moment.

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Wednesday, January 25, 2012

Airbus owns up to A380 wing cracks - Is EU safe to fly?

As we posted earlier this month on the Airbus wings' cracking up as being a suitable emblem for the EU, read here, the EADS announcement this evening was as follows:

Airbus blamed a recent series of A380 wing cracks on a combination of design and manufacturing flaws and said it had worked out a two-stage solution, while stressing the superjumbo was in the meantime safe to fly.

Following developments on the EU's second most important prestige project, the Airbus, is becoming as tortuous and fraught as following that of its first such, the Euro, one such most recent comment is here.

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Wednesday, April 09, 2008

Insider dealing at the Airbus parent.

The report in today's IHT, linked here, on a leaked document from Autorité des Marchés Financiers, or AMF, against 17 individuals who it says reaped a combined €20 million, or $31.4 million, in profits while having access to insider information should be read in full for it also contains criticism of the two largest corporate shareholders who each sold off some 7.5 per cent of their shareholdings. The whole rotten EU construction is supported by European controlled big businesses who must be held as accountable as Microsoft if there is the be the slightest chance of the EU continuing to be tolerated in the disastrous event of the Lisbon Treaty being fully ratified. The Airbus is one of the corrupt EU flagship projects, if it is seen to be publicly subsidised for the occasional improper benefit of the French Corporate giants Lagardère and the German carmaker Daimler then there will be even less reason for individuals to suffer the growing regulation and economic degradation caused by the activities of the bureaucratic monstrosity that is the EU. Surely the elected representatives of the people in one of Europe's parliaments is sufficiently attuned to reality to kill off this Lisbon Treaty or are they all well and truly BOUGHT? Every day, as recorded on this blog, the evidence builds that the EU is Europe's and possibly the world's worst enemy. In good times a resigned shrug might be understandable, but today with a looming world food crisis, energy price spiral, credit crunch and house price collapse each EU member state needs one person properly in charge and accountable, poor Britain only has Gordon Brown so they seem worse placed than most! Instead the EU looks set for months of power struggles as the three Presidents battle for their positions in the pecking order, only by kicking out the Lisbon Treaty can such a farce be avoided. More of this appeared on Euractiv yesterday, linked here, titled "The Lisbon Treaty: Playing Presidential poker?"

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