Posted on 03/03/2009 4:33:20 PM PST by NormsRevenge
WASHINGTON (AFP) – Prime Minister Gordon Brown raised the prospect of a global "new deal" to fix the finance industry within months, setting the stage for April's G-20 economic summit with President Barack Obama.
Brown, taking a welcome break from political problems back home, claimed his prize as the first European leader to meet Obama in the Oval Office, and won a statement from the US leader that US-Britain ties were unbreakable.
Obama agreed the world needed to work collectively to head off future financial crises, but did not give a specific, public endorsement of Brown's calls for a sweeping new global regulatory framework.
Brown, who will on Wednesday give a showpiece address to a joint session of the US Congress, also called for an overhaul of global financial institutions and a drive for a new green, globalized economy.
"Look, there is the possibility in the next few months of a global new deal that will involve all the countries of the world in sorting out and cleaning up the banking system," Brown told reporters in the Oval Office.
"There is the possibility of all the different countries of the world coming together to agree the expansion in the economy that is necessary to restore confidence and to give people jobs and growth and prosperity for the future," he said.
"There is the possibility of the international institutions for the first time being reformed in such a way that they can do the job that people want them to do, and deal with some of the problems that exist in the poorest countries of the world."
(Excerpt) Read more at news.yahoo.com ...
I guess the long proposed UN taxing system will start this and the UN will be responsible for taxing all of us RICH nations to pay the deadbeats of the world’s way.
US President Barack Obama and British Prime Minister Gordon Brown (R) walk through the Colonnade following a meeting in the Oval Office of the White House in Washington, DC. Brown raised the prospect of a global "new deal" to fix the finance industry within months, setting the stage for April's G-20 economic summit with Obama. (AFP/Mandel Ngan)
Obama and Brown are communists.
socialism only works on the back of capitolism.
global welfare? its O’s wet dream
you mean taxing all of us rich NATION to pay for it
US President Barack Obama and British Prime Minister Gordon Brown (R) walk through the Colonnade following a meeting in the Oval Office of the White House in Washington, DC. Brown raised the prospect of a global "new deal" to fix the finance industry within months, setting the stage for April's G-20 economic summit with Obama. (AFP/Mandel Ngan)
England is bankrupt — this is all America’s fault, bail us out for our stupid socialism and uncontrolled immigration.
Did I miss anything?
I heard Obama make a comment at the top of the news hour on the radio that this will make things a little more “just” for everyone. What a socialist pig. He is now just saying out loud what his intentions are. Where are the Republicans? Michael Steele?
The U.S represents the TOP 2% on the world personal income ladder. THE WORLD WANTS YOUR MONEY!
I predict that if this goes through, as the US taxpayer is hosed again, that will be the powder keg that starts the second revolution. It will be, hopefully, the straw that breaks the camel’s back.
ummmm....boy, keep this talk up and, as intended, that NAU, begins to look better all the time.
He is going to kiss away another $800-900 million.
Last time I checked, collective was a communist buzzword? Oh yeah, I forgot who was talking.
And "Dow 4,000 possible in months" : Neocaveman
Make that billions... can’t keep my _illions straight anymore.
At this point...let’s get to getting, one way or another, let the ‘games’ begin...because frankly, I’m tired of this nightmare that never seems to end.
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