Monday, December 22, 2008

Fat Cats

I've selected 4 excerpts from this 'Independent' article. Read them carefully.

"The Government is edging towards an emergency rescue package for Jaguar Land Rover in an attempt to protect tens of thousands of manufacturing jobs.
The luxury car firm employs 15,000 workers in the West Midlands and a further 60,000 other jobs in the region rely indirectly on the firm."


"News of the talks emerged after Tata said it was to sponsor Ferrari's Grand Prix team for an unspecified sum."


"Jaguar has told ministers it is a healthy and viable business – making a £327m profit last year and a £310m profit in the first half of 2008"


" Ministers are also conscious of several marginal parliamentary seats in the West Midlands. Seven constituencies – including Redditch, held by the Home Secretary, Jacqui Smith – would fall to the Conservatives with a swing of 5 per cent. Another three would be captured by David Cameron if the swing is 10 per cent. "
http://www.independent.co.uk/news/uk/politics/mandelson-and-treasury-at-odds-over-bailout-for-jaguar-1203681.html


NWN:
Should Jaguar receive another handout to protect the Labour Party vote?

8 comments:

Anonymous said...

Hang on, they made half a billion in the first half of 2008, so how can they be skint?

Tartarus said...

"Hang on, they made half a billion in the first half of 2008, so how can they be skint?

22 December 2008 21:00"


Yes, and how can they afford to sponsor Ferrari?

The cynical amongst us would wonder if Jaguar were holding the government and taxpayer to ransom with the threat they may lose votes if they don't get the money.

Quintrix said...

The billion pounds is 10 times the value of the loan intended to bail out MG Rover that was blocked by the EU. Is there a reason why the government is permitted to bail out Jaguar and Land Rover but was prevented from bailing out MG Rover?

Tata now owns the Rover marque so may resurrect it in the future.

Anonymous said...

Regardless of your views ---

Remember these jailed Revisionists at Christmas 2008

2008 List of Incarcerated and Indicted Revisionists Addresses. Don't forget them. The season is the reason.
Whittle, Stephen ("Heretical Two" US asylum seeker)
0800006408
c/o Santa Ana Jail
P.O. Box 22003
Santa Ana, CA 92701
U.S.A.

Sheppard, Simon ("Heretical two" US asylum seeker)
0800006404
c/o Santa Ana Jail
P.O. Box 22003
Santa Ana, CA 92701
U.S.A.

Jim Trafficant (helped free John Demjanjuk)
#31213-060
ROCHESTER FMC
P.O. BOX 4000
ROCHESTER MN 55903

Germar Rudolf
Schloss 1
D-72108 Rottenburg
Germany

Ernst Zündel
J.V.A. Mannheim
Herzogenried Str. 111
D - 68169 Mannheim
F.R.G./BRD
Germany

Gerd Honsik
Justizanstalt Wien-Josefstadt
Wickenburggasse 18-22
1082Vienna,
AUSTRIA

Attorney Sylvia Stolz
JVA
Oberer Fauler Pelz 1
D- 69117 Heidelberg
GERMANY

Wolfgang Fröhlich
Justizanstalt Wien-Josefstadt
Wickenburggasse 18-22
1082Vienna,
AUSTRIA

At large but currently under indictment:

Horst Mahler
horst-mahler@gmx.de


Vincent Reyonard
If anyone wants to send Vincent Reynouard
money the best thing to do is to send one or two
bank notes inside an envelope and write on
the envelope, WITHOUT MENTIONING ANY NAME,
the following address:
V.H.O.
BP 256
B-1050 BRUXELLES 5
BELGIUM

Georges Theil
6 Rue Gallice
F-38100
Grenoble
FRANCE

Anonymous said...

Why didn't they bail out Woolworths? Woolworths employed more people than Jaguar.

Anonymous said...

"Why didn't they bail out Woolworths? Woolworths employed more people than Jaguar.

23 December 2008 18:49"

Because the heavily unionised Jaguar workers vote Labour and live in Labour strongholds. Ex Woolworth employees come from all walks of life and are considered shit by our Labour Government.

Anonymous said...

Secret of the Lusitania: Arms find challenges Allied claims it was solely a passenger ship
By Sam Greenhill
Last updated at 1:16 AM on 20th December 2008
Comments (0) Add to My Stories
Her sinking with the loss of almost 1,200 lives caused such outrage that it propelled the U.S. into the First World War.
But now divers have revealed a dark secret about the cargo carried by the Lusitania on its final journey in May 1915.
Munitions they found in the hold suggest that the Germans had been right all along in claiming the ship was carrying war materials and was a legitimate military target.
Doomed: A contemporary view of the sinking of the Lusitania off Ireland in May 1915

The Cunard vessel, steaming from New York to Liverpool, was sunk eight miles off the Irish coast by a U-boat.
Maintaining that the Lusitania was solely a passenger vessel, the British quickly accused the 'Pirate Hun' of
slaughtering civilians.

The disaster was used to whip up anti-German anger, especially in the U.S., where 128 of the 1,198 victims came from.

A hundred of the dead were children, many of them under two.
Robert Lansing, the U.S. secretary of state, later wrote that the sinking gave him the 'conviction we would ultimately become the ally of Britain'.
Americans were even told, falsely, that German children were given a day off school to celebrate the sinking of the Lusitania.
The disaster inspired a multitude of recruitment posters demanding vengeance for the victims.


One, famously showing a young mother slipping below the waves with her baby, carried the simple slogan 'Enlist'.
Two years later, the Americans joined the Allies as an associated power - a decision that turned the war decisively against Germany.
The diving team estimates that around four million rounds of U.S.-manufactured Remington .303 bullets lie in the Lusitania's hold at a depth of 300ft.
The Germans had insisted the Lusitania - the fastest liner in the North Atlantic - was being used as a weapons ship to break the blockade Berlin had been trying to impose around Britain since the outbreak of hostilities in August 1914.

Winston Churchill, who was first Lord of the Admiralty and has long been suspected of knowing more about the circumstances of the attack than he let on in public, wrote in a confidential letter shortly before the sinking that some German submarine attacks were to be welcomed.
He said: 'It is most important to attract neutral shipping to our shores, in the hope especially of embroiling the U.S. with Germany.
'For our part we want the traffic - the more the better and if some of it gets into trouble, better still.'
Hampton Sides, a writer with Men's Vogue in the U.S., witnessed the divers' discovery.
He said: 'They are bullets that were expressly manufactured to kill Germans in World War I - bullets that British officials in Whitehall, and American officials in Washington, have long denied were aboard the Lusitania.'
The discovery may help explain why the 787ft Lusitania sank within 18 minutes of a single German torpedo slamming into its hull.

Some of the 764 survivors reported a second explosion which might have been munitions going off.
Gregg Bemis, an American businessman who owns the rights to the wreck and is funding its exploration, said: 'Those four million rounds of .303s were not just some private hunter's stash.
'Now that we've found it, the British can't deny any more that there was ammunition on board. That raises the question of what else was on board.
'There were literally tons and tons of stuff stored in unrefrigerated cargo holds that were dubiously marked cheese, butter and oysters.
'I've always felt there were some significant high explosives in the holds - shells, powder, gun cotton - that were set off by the torpedo and the inflow of water. That's what sank the ship.'
Mr Bemis is planning to commission further dives next year in a full-scale forensic examination of the wreck off County Cork

Anonymous said...

Who actually owns these two firms? British owned are they? No.

Barcelona - be careful what you wish for !!!  ---------------------------------------------------- More than 160,000 march in Barcelona...