Thought for the day
Posted on March 11th, 2010 by James Higham
“2009 is also the first year of global governance, with the establishment of the G20 in the middle of the financial crisis. The climate conference in Copenhagen is another step towards the global management of our planet.”
I apologize to Nigel Farage for saying his comments were a little OTT.
Filed under: Life issues & people
“My whole political life has been marked by a search for understanding, respecting both adversaries and travel companions. I shall continue along this same path.
An ass-wipe.
Now,
Here is a nice Pdf to give you comfort
and this explaines it all in a rather technical way.
There are serious disagreements surfacing internationaly. Geithner has written to the EU complaining about financial regulation proposals, and the Eu have replied that their proposals comply with the previous G20 agreements. Meanwhile Wall St banks are excluded from Bonds issued by the EU, because they’ve been naughty boys, which naturally raises US complaints, and various court actions are surfacing in Europe concerning toxic derivatives flogged them by Wall street that are now vastly underwater.
The WTO has ruled in Brazilian favour over US cotton subsidies, and this allows Brazil to charge tarrifs on a range of imports from the US.
Tit for Tat, or something like that.
Protectionism is growing amongst economic madness.
Soon the inmates will run the global asylum.
We need a leader worthy of the name.