Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

G20 Officially Reveals Its Total Pointlessness
http://www.businessinsider.com/g20-officially-reveals-its-total-pointlessness-2010-6 ^ | 6-27-2010 | Joe Weisenthal

Posted on 06/27/2010 5:35:03 PM PDT by blam

G20 Officially Reveals Its Total Pointlessness

Joe Weisenthal
Jun. 27, 2010, 8:00 PM

Image: The White HOuse

Did you actually expect the G20 conference in Toronto to produce some kind of real "solution" to the budget/spending/debt issues vexing the world's developed nations?

The WSJ has the perfect explanation of what just happened:

With each side pushing, the U.S., and Europe cut what a U.S. official called a "combo deal." The U.S. agreed to make the goal of halving deficits a G-20 initiative, in exchange for G-20 support for language making growth the top priority, said a European official. President Barack Obama has already made similar deficit commitments back at home.

So... growth is their top priority, and yet leaders are going to halve deficits (by 2013). In other words, everybody gets their cake, etc.

Time to move on.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: debt; economy; g20; obama

1 posted on 06/27/2010 5:35:05 PM PDT by blam
[ Post Reply | Private Reply | View Replies]

To: blam
Obama: I Promise To Cut The Deficit In Half By 2013
2 posted on 06/27/2010 5:37:19 PM PDT by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Its what they discuss behind closed doors that you don’t hear about is what you should worry about...really worry. Because they are toying with your freedoms.


3 posted on 06/27/2010 5:40:23 PM PDT by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

It is only pointless for the 'small people'.


4 posted on 06/27/2010 5:46:07 PM PDT by Diogenesis (Article IV - Section 4 - The United States shall protect each of them against Invasion)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

The main purpose of the “G8” and “G20” is to finagle G’s from the United States for the other G7s AND G19s. These conferences do nothing for the United States.


5 posted on 06/27/2010 5:49:02 PM PDT by StormEye
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

“I Promise To Cut The Deficit In Half By 2013”

***

Hopefully, by then you will be long gone.


6 posted on 06/27/2010 7:07:52 PM PDT by fatnotlazy
[ Post Reply | Private Reply | To 2 | View Replies]

To: blam
There's nothing incompatible about cutting deficits and growth. Quite the opposite.
7 posted on 06/28/2010 11:11:17 AM PDT by USFRIENDINVICTORIA
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson