French Socialist Leader Laudes Obama The US Socialist.
by James Denison - 12/4/12 11:01 AM
They recognize what each other is, even if other's pretend they don't.
Obama and his Socialism compared by French Leader.
The French politician who said Indian steel company ArcelorMittal
should leave the country has told CNBC that his government is only
acting like U.S. President Barack Obama.
Industry Minister Arnaud Montebourg, a member of the governing
Socialist party, caused controversy last week when he said that the
Indian company, which employs close to 20,000 people in France, should
leave after it said it would have to close down a factory.
The French government announced on Thursday that it could nationalize
the factory in question, with backing from an unnamed businessman.
The news raised the specter of the nationalizations of the early
1980s, which were instigated by Hollande's predecessor Francois
Montebourg told CNBC after a meeting with trade unions in Paris:
"Barack Obama's nationalized. The Germans are nationalizing. All
countries are nationalizing. I've also noticed the British nationalized 6