globaloney

Us no understand:

Barroso tells EU leaders to avoid protectionism
By George Parker in London, Tony Barber in Brussels and,Bertrand Benoit in Berlin

European leaders meeting in London were warned yesterday not to succumb to the temptations of protectionism or the irresponsible pump-priming of their economies in response to global financial market turbulence.

José Manuel Barroso, European Commission president, made the appeal ahead of a "credit crunch summit" last night in Downing Street of the leaders of Britain, France, Germany and Italy.

Mr Barroso warned against knee-jerk reactions to the global downturn, urging action that was "both targeted and proportionate".

"We must not be tempted into protectionism."

Eh?

Is this the same José Manuel Barroso who last week published a proposal for enormous green tariffs against China? Prompting a massive trade war? Ring any bells?

It seems that political leaders increasingly don't give a monkeys about what they are saying. Its just a load of blah blah blah tailored to whatever audience they are speaking to.