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Originally posted by dodgygeeza
reply to post by A55A551N
Sorry, I edited my previous post.
Brown is only leader because of an agreement made around a resturant dinner table.
I'm slightly confused
[edit on 26-9-2008 by dodgygeeza]
Originally posted by A55A551N
As far as I recall there was an election... With him and David Cameron as the forerunners?
I am pretty sure my parents voted. All the schools around here were used as polling stations... 0_o
Originally posted by C.C.Benjamin
Originally posted by A55A551N
As far as I recall there was an election... With him and David Cameron as the forerunners?
I am pretty sure my parents voted. All the schools around here were used as polling stations... 0_o
Erm, what are you talking about? I know I've been out of the country for five days, but I don't believe that Gordo the Wonder Pratt could win an election when pitted against his own excrement.
He's the least popular prime minister since Chamberlain, apparently.
Originally posted by stumason
reply to post by theblunttruth
The "Good times" that Brown often touted as his doing where a direct result of Tory economic policies in the 1990's after the last recession. Brown inherited a Budget surplus, which has now been squandered into a staggering deficit.
Your claims of public ignorance are correct, but misguided. Everyone believed the "Iron chancellor" did good the past ten years, but he rode the crest of a wave built up after the last recession and claimed it all as his doing.
Now his policies are coming home to roost.
Oh and your quip about Cameron being a populist and grabbing Sun headlines was funny. Firstly, whats wrong with being a populist? Isn't that the job of Parliament, to represent the people and doing their wishes?
And Sun headlines? Wasn't it the Sun who famously claimed they put Labour into power in 1997? Wasn't Tony Blair best chums with Rupert Murdoch? Wasn't "New Labour" in the early days so concerned with the media they focussed on little else, hence the Legions of Spin doctors they employed?
If we are to believe the Washington Post, French president and current EU leader Nicolas Sarkozy has pledged to save us from nameless “freewheeling bankers and traders” who get the blame for the current economic crisis.
Sarkozy, Gordon Brown, and EU honcho José Manuel Barroso are talking up an international summit to discuss an “urgent overhaul of the world’s financial architecture,” that is to say a new Bretton Woods to establish a brand spanking new international economic order. Sarkozy has managed to grab George Bush’s ear and he will travel to Washington on Saturday to lay the groundwork for a conference.
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Sarkozy and the EU leaders would have us believe this new Bretton Woods will call for “globally coordinated regulation of the financial industry, elimination of tax havens and a compensation system in which traders are not rewarded for dangerous risk-taking,” among other things.
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“We now have global financial markets but what we do not have is anything other than national and regional regulation and supervision,” Brown lamented from Brussels.
All of this is nonsense. It should be obvious by now the bankers engineered the current crisis in order to consolidate their hold on the global economy and all the talk about rogue traders, tax havens, and over-compensated executives is merely that — talk, or more specifically a sales pitch, a slick parlor trick devised to fool the commoners.
Glossed over in all the corporate media coverage is the global elite demand that a global currency be established. “Europe wants to present a blueprint for a new worldwide currency system,” reports the AFP in the video here.
French President Nicolas Sarkozy, who holds the European Union's rotating presidency, said here that he will meet President Bush on Saturday in Washington to lay the groundwork for the conference, which the Group of Eight industrialized countries is convening. It should "re-found the capitalist system" that has governed international financial exchanges since World War II, Sarkozy said.
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The bloc's decision to advocate new financial rules and dispatch Sarkozy to carry the torch to Washington was seen here as an affirmation of European confidence and aspiration to leadership at a moment of reduced U.S. influence in world affairs. "Europe wants the summit before the end of the year," he declared. "Europe wants it. Europe demands it. Europe will get it."
White House deputy spokesman Tony Fratto said Thursday that "every good idea" would be considered at the still unscheduled meeting, which was called by the G-8 countries -- the United States, Canada, Britain, France, Germany, Italy, Russia and Japan. G-8 leaders have urged that leaders from nonmember countries be included as well.
Earlier, Fratto said that anything the gathering did must not restrict the flow of trade and investment. President Bush appeared to echo that concern Thursday when he said at a bill-signing ceremony that "in the long run, one of the best ways to restore confidence in the global economy is by keeping markets open to trade and investment."
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After weeks of prodding, the Bush administration announced Wednesday that it was ready for an international financial conference. But it was unclear whether U.S. officials are as enthusiastic as their European counterparts about moving quickly in new directions.
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In an e-mail, U.S. Treasury spokesman Robert Saliterman said that "our top priority right now is restoring stability to our financial system so lending flows again to the consumers and businesses that are the engines of our economy, and we also need to take steps -- working with our colleagues abroad -- to prevent a future recurrence of the current turmoil."
". . . The international community has a very active agenda underway through the Financial Stability Forum and other international bodies," he noted in the e-mail. "We are working together to strengthen practices on -- valuation and disclosure; credit rating agencies, risk management and prudential oversight."