Sunday, March 2, 2008

HAVE WE GONE CRAZY ?

We would be singing "God Save the Queen" today if the French had not intervened
in our great revolution. They didn"t love us much at the time but hated England with whom they were at war. But we did owe them a great debt of gratitude.

That debt was repaid in WW I. It was repaid in WW II with interest. Post WW II with the
Marshall plan we repaid the debt once again, this time with compound interest at a
usurious rate.

And yet today the French do not love us. Perhaps they envy us our world position. Their
puny military and ever shrinking power on the world stage must rankle.

Why, you might ask, does that make us crazy ? Here is why. Our military granted a contract for $100,000,000,000 ( That's one hundred BILLION ) to the French company that makes the
Airbus . Boeing, one of our stellar companies, was quite able to fill the order for tanker aircraft for the US Air force. So the French industry gets a much needed shot in the arm. Our international balance of trade takes another hit. Why are we helping them?

So, are we crazy or am I missing something ?

2 comments:

Frankm3800 said...

The contract was awarded to Northrup Grumman and its partner EADS and is valued at 45B$.
Overall, Northrop Grumman officials have said, the contract will create about 25,000 jobs nationwide. About 60 percent of the tanker's content is to come from the U.S. The remainder will come from European countries, which will build the new tanker based on the existing Airbus 330 airplane. The contract calls for 179 re-fueling planes to be built.

Just the facts.

Francy-Pants said...

Ah, yes. If I were you, and I wanted to really get irritated, I would check out the massive movement of virtually every government office to privatized contract labor.

If you are concerned about the Fed wasting our tax dollars, that is a good place to start sniffing around.

Me? I think I'll just take my American earnings elsewhere, I guess.