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GM CEO Resigns At Obama's Behest!!!???

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posted on Apr, 5 2009 @ 12:20 PM
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Yes many of us saw it coming...and Obama did give it away on April 2, 2009. What a set upI think he was testing his powers here and setting the stage for the creation of the Financial Stability Board at the G20 Summit; the step that leads The U.S. to Integration with the European Union! Essentially with the creation of this Action Plan and the FSB as outlined below, The U. S. is now no longer autonomous, The U.S. will have to answer to all the G20 Nations...
Explained here:
U.S. Takes a Back Seat to the G20!?

15. To this end we are implementing the Action Plan agreed at our last meeting, as set out in the attached progress report. We have today also issued a Declaration, Strengthening the Financial System. In particular we agree:

• to establish a new Financial Stability Board (FSB) with a strengthened mandate, as a successor to the Financial Stability Forum (FSF), including all G20 countries, FSF members, Spain, and the European Commission;

• to endorse and implement the FSF's tough new principles on pay and compensation and to support sustainable compensation schemes and the corporate social responsibility of all firms.

The new Financial Stability Board could be seen as an embryonic global watchdog – or as another slow-moving collection of regulators. The attack on "rewards for failure" comes straight from the court of world public opinion, although as usual there are few specifics. Tax havens also come under attack but what the "sanctions" primed by the G20 will be remain to be seen.
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Obama Plans U.S. Integration with European Union



 
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