Good old saint Nick Sarkozy has just handed each major French automaker a gift of 2 Billion Euros. That is a TON of money, actually TONS! Sarkozy claims to have a six percent interest on the loan but insiders have said that does not have to be paid and will be forgiven. Where this money came from no one really knows. Why it was a gift and not nationalization is semantically at best. The facts are that the French have made a huge step into funding failed companies for nationalistic purposes highlighting the communist bent of the government.
Only last week Nick Sarkozy was sticking it to the UK for cutting a few percentage points from the VAT as he was setting up to hand billions to losing companies whose products and policies were already bankrupt. The French have been marching in the millions weekly protesting but news of this is scant and while the whole of Europe is seeing the same unrest as Greece the governments are having their controlled press issue nothing but bright news like the 6 billion euros just handed to keep bankrupt car manufactures running longer in bankruptcy.
Interesting enough Sarkozy is one of the people calling for a global government of banks and of course thinks he is the ideal man to run it. Nick is the most arrogant power hungry human since Napoleon. A fitting leader or France but not the world. Leave the world alone Nick, even the French don’t want you anymore.