Broadly speaking I would hope that all politicians put their country first, then their party and only finaly themselves.
Ok, I admit if the last two were reversed I wouldn't mind to much.
Even so I accept that different political ideologies will do things I don't agree with - however, they are all doing what they think "is for the greater good".
This is why I'm rather angry with the current crop of labour politicians.
Right now we're going through a bit of a recession - as is much of the world. During this difficult time the labour parlimentry party hasn't been exactly...well...helpful.
But what really takes the biscuit is this sort of thing.
Rather then bail out a british company like woolworths, or spend a few billion reducing the employers contribution to national insurance - a tax on employing someone - they spend it on a car company.
A car company that was bought out by an indian firm a year or two back.
Not because it would be especialy bad for the economy - woolworths employs more people. Both have huge supply chains.
Nope - it's because the car company happens to have several thousand workers in a couple of margional labour seats.
Spending our tax money to buy votes.
But why is it needed? Surely the've already saved the world?
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4 comments:
Just a side issue - your picture is not displaying properly.
Talk about throwing money away...
Facts:
Tata Motors bought Jaguar & Land Rover from Ford for £1.7bn ($2.6bn).
Since then output has been trimmed at its three main UK manufacturing sites.
Tata has revenues of $62.5bn and $5.4bn profits in the year to March.
Tata Motors is just one of 115 subsidiary companies listed on the Tata Group Website
Extra:
News of the talks with the UK government came after Tata said it was to sponsor Ferrari's 2009 Grand Prix team.
Neither Tata or Ferrari have revealed the cost of their sponsorship deal.
Other Tata news:
India's Tata Steel says it is cutting steel output at its Corus unit in the UK to cope with a fall in demand.
Corus is Europe's second-largest steel producer, with annual revenues of more than £12bn.
A peek at another car manufacturers:
Vauxhall's parent company (GM) is broke and close to going bust.
GM is asking for US bailout of $34bn with Ford and Chrysler.
Sources:
http://news.bbc.co.uk/1/hi/business/7789436.stm
http://news.bbc.co.uk/sport1/hi/motorsport/formula_one/7788830.stm
http://news.bbc.co.uk/1/hi/business/7789055.stm
That's no moon...
It's an embeded youtube clip. Try again at home.
my father works for the company who makes windshields for GM and FORD cars.
the plant has been in and out of work for the past 6months and do not know if it will be reopening in 2009 yet. All this due to the current recession, people are just not buying the cars.
So the US did save GM and Ford by giving them loads of money, but how does this sell more cars?
So the government saves companies who arent selling anyways. Now I do agree to putting money into the car industry to save it, but just not how they do it.
here is my dad's solution: The government should give customers a credit if they buy north american cars (in the case of the UK , well european cars) and pay that credit to the company. That would benefit the customer who might in return buy more and benefit the national car companies who would in return not need to be saved.
anyhow seems too simple for the government to understand... and in a few years the companies might have to close anyways going to way its going
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