Comments on: Bailout Italia: Fiat CEO Says 60k Jobs At Stake

By: mtypex

mtypex — Tue, 27 Jan 2009 21:36:09 +0000

EU = another level of bureaucracy => another opportunity for subsidization

By: psarhjinian

psarhjinian — Tue, 27 Jan 2009 21:31:58 +0000

Image improved.

Awesome photo. Just awesome. Bella!

By: menno

menno — Tue, 27 Jan 2009 20:30:19 +0000

What about the European Community ban on “support” of industries with taxpayer monies?

And the idea the Europeans were yammering about which was their wanting to go get all p!ssy and run to the World Trade Organization and whine that those nazty Amerikuns were bailing out the auto industry with taxpayer monies?

Shoe.

Other foot.

In mouth.

By: Edward Niedermeyer

Edward Niedermeyer — Tue, 27 Jan 2009 18:41:31 +0000

psar:Indeed. Image improved.

By: psarhjinian

psarhjinian — Tue, 27 Jan 2009 17:49:20 +0000

Did we mention that FIM-CISL is part of a politically well-connected union conglomeration which employs some 35 percent of Italy’s workforce?

Yeah, but Forza Italia is entirely comprised of the cream of Italian conservatism**, so it’s not a given.

Of course, that workforce is more or less centred in Piedmont and Lombardy, which effectively represent a) Italian manufacturing, b) what remains of Italy’s economic ability and c) probably the sanest parts of the country, relatively speaking/

** (note: what constitutes “moderate conservatism” in Italy runs that gamut from what would be considered radically leftist in the US, to Mussolini’s grand-daughter, who holds very similar views to her Nono)

By: John Horner

John Horner — Tue, 27 Jan 2009 17:36:38 +0000

The funny thing is, only a week or so ago some were saying that the various EU countries wouldn’t be allowed to bail out their local auto makers due to iron clad EU rules. Hah!