Humbled US agrees to share world's financial top billing

[canetoad]

Source: The Age (Melbourne)

THE world's international financial institutions will be reshaped and worldwide regulatory and accounting rules reformed as a result of the G20 meeting.

The global leaders' 11-page statement spoke of broad principles, leaving the details to be worked out by aides before another summit meeting in April, after Barack Obama assumes the US presidency.

But the gathering in Washington of nations from every region reflected the new balance of power emerging in the aftermath of a financial crisis that has devastated even well-run economies, a wrenching process that British Prime Minister Gordon Brown has dubbed "the birth pangs of this new global order".

Under the plans outlined by the leaders, countries such as China, Brazil and India will gain greater roles and responsibilities in a restructuring of the international financial system, while European leaders won a commitment to new regulations and controls on banks, rating agencies and exotic financial securities.

Read more: http://www.theage.com.au/world/humbled-us-agrees-to-share-worlds-financial-top-billing-20081116-6861.html

[soothsayer]

1. new global order----don't ferget poppy was always talking about a new world order.

Don yer tinfoil-----but i guess junior did two things for dad---murdered saddam and bankrupted us to the point that most people will be happy to go along with the nwo. don't know if we even need the interim step of the north american union, with us and canada and mexico. we could just get sucked right into the whole shebang in april. maybe this is what biden was warning us about---they will be doing something that none of us likes or wants them to do. btw, germany is rumored to be the future head of the nwo, not us. our global currency will be the 'world mark.'

[SpiralHawk]

3. "New Global Disorder. Smirk." - Commander AWOL & 'elite' republicon cronies

[Eryemil]

4. Well I welcome our new German overlords!

If they can make the world look anything like Europe I'll be the first one begging to take over.

[newfie11]

5. AMEN!!!!!

[Vidar]

9. I'll cheefully add an "halleluljah" to that "amen".

[soothsayer]

12. careful what you wish for. the EU outlawed vitamins, and don't forget how camera happy the uk is.

plenty to worry about with the eu model.

[tama]

13. Homogenizing everything

(in the name of capitalistic gain and growth mania, the founding principles of EU) where as real beauty exists in variety. Well, on the positive side, EU plans now to lift ban on curved cucumbers, hooray.

[Anarcho-Socialist]

15. "EU outlawed vitamins"

No they haven't. What a silly thing to say.

[galileoreloaded]

2. As I have previously stated, I hope things are decided by the Europeans, Asians, etc. in GM's favor,

because that's who is making the decisions, based on continuously funding our debt. Our children will despise us as we have squandered our country.

This was a global finance coup.




edit sp

[acmavm]

6. And their plans come to fruition.

<snip>

Attendees
Main article: List of Bilderberg attendees
Attendees of Bilderberg include central bankers, defense experts, mass media press barons, government ministers, prime ministers, royalty, international financiers and political leaders from Europe and North America.

Some of the Western world's leading financiers and foreign policy strategists attend Bilderberg. Donald Rumsfeld is an active Bilderberger, as is Peter Sutherland from Ireland, a former European Union commissioner and chairman of Goldman Sachs and of British Petroleum. Rumsfeld and Sutherland served together in 2000 on the board of the Swedish/Swiss engineering company ABB. Former U.S. Deputy Defense Secretary and former World Bank head Paul Wolfowitz is also a member. The group's current chairman is Etienne Davignon, the Belgian businessman and politician.

http://en.wikipedia.org/wiki/Bilderberg_Group

[Nikki Stone1]

7. How so?

Thanks.

[acmavm]

8. We just inch closer and closer in the West to a world government run by a select

group of people, all extremely wealthy. All government(s)policy designed and implemented for the benefit of the corporate world, for those few who are deemed worthy to rule over us (the ignorant rabble population).

The Chinese and the Russians aren't gonna be jumping on the bandwagon any time soon.

[Nikki Stone1]

14. My fear is that this group has no loyalty to any nation or group but itself

and that is only for practical reasons. Is this what is leading to the globalization of poverty?

[shanti]

11. yes, time for the amero

http://www.amerocurrency.com/

[onager]

10. I see lots of Chinese cars here in Egypt.

They seem to be getting more and more popular, especially a mini-van that looks like a Toyota clone.

Also Chinese motorcycles. When I first came here 3 years ago, almost the only motorcycles I saw were ancient Czech Jawas. Now I see shiny new Chinese Dayuns all over the place, even out in the rural farm villages. A 3-wheel Dayun with a delivery body is very popular out there. They must be reasonably priced because the fellahin (peasant farmers) are very poor people.

I'm also seeing a lot more Chinese people, many of them living here in Egypt. So I guess that means they're working on large projects.

Almost every morning I see a taxi jammed full of little Chinese girls going to school. They always wave to me and smile--probably just happy to see another foreigner. I live in Alexandria, where non-Egyptians are fairly rare, compared to Cairo.

Oh, and the famous tok-tok manufactured in India is also getting common here. That's the little 3-wheel vehicle that looks like a motor scooter on steroids, with a back seat. They are still an experiment and only operate in 2 governorates (states), including the one where I work. I personally hate the things. Many of them are driven by boys too young to even have a driver's license, who all drive very fast with absolutely insane aggression.