Monday, March 12, 2012

Right on Schedule...

...political pressure is forcing contradictory actions from politicians. In normal times, said politicos would have zero difficulty holding contradictory views (its part of their "value-added skillz"), but these times are clearly not normal.

As I have maintained here, much more of this to come. Promises in Brussels will yield to realities at home.

VILLEPINTE, Paris (Reuters) - President Nicolas Sarkozy, recasting
himself as France's savior from low-cost competition and high
immigration, threatened to disregard European limitations on
protectionism as he sought to give his re-election campaign a second
wind on Sunday.

Going out on a limb that risks angering France's European partners,
Sarkozy said it was time to support local companies and stop the
uncontrolled influx of immigrants and cheap imports that demonstrate
Europe's lack of protectionist controls.

Addressing some 30,000 people at a vast conference centre just outside
Paris, Sarkozy vowed to pull France out of the European Union's
open-borders Schengen zone unless there was progress over the year
ahead in fortifying Europe's borders.

He also proposed a European law similar to the "Buy American Act"
which would require governments to favor European-made products in
their purchases, and said that without advances in that area, France
would start applying the rule unilaterally.

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