This is indeed 6.5 billion euros that should be paid by BNP PARIBAS to the US treasury in the form of a fine, under the watchful eye of the French authorities definitely powerless despite the attempted larvess attempted here and there by our “rulers”.
Dura lex, sed lex, even when it was erected by a country in the sole protection of its own interests, in violation of an embargo unilaterally decided by the United States, and without any respect for international law of protection human rights. Because the first victims of these embargoes are the local populations, who suffer directly the disastrous consequences of these sanctions pronounced against them … It is finally, accepting the payment of this exemplary fine, recognize the supremacy of the dollar, the United States in their role as the only world policeman, and to legitimize the very practice of the embargo. All while negotiating in parallel a transatlantic treaty that will end up recognizing American supremacy over a Europe under dependence …
We are told today that BNP Paribas has the means to pay this fine. The good deal … I do not dare to even imagine the impact of this sum on the financing of companies that it could generate by the increase of the same amount of its own funds (7%), nor the brake on investments internal, or even the impact on the corporate tax that it will lose the state (more than 2 billion euros?) …
A small French entrepreneur who fights every day to find customers, create value and jobs, I was wondering this morning about an impact of 6.5 billion Euros that would be injected directly into the French economy tomorrow morning, without having unhealthy ideas of egalitarian redistribution …
6.5 billion euros is already 700 million more than the budget Research Tax Credit of France for 2014. In other words, it would directly multiply by 2 its impact.
If we count the number of SMEs and midcaps in France, it would make a check for € 45,500 that could be made to each of them.
With a smic at about € 1,445, adding the employers’ expenses, it is 258,000 jobs that would be financed for a year …
If we look at the share of the budget devoted to research in 2014 by France, it is an envelope of 7.7 billion euros …
There is no point in multiplying the examples of what could be done if our tax-filled sky fell from a 6.5 billion euro check … No need to find out how the United States will use them.
But, added to the usual flaw, this pecuniary sanction imposed on BNP-PARIBAS is absolute nonsense.