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Obama hails summit as recovery 'turning point' (no guarantees)
AP on Yahoo ^ | 4/2/09 | Jennifer Loven - ap

Posted on 04/02/2009 11:18:45 AM PDT by NormsRevenge

LONDON – Concluding his first international summit, President Barack Obama hailed agreements at the emergency meeting of world powers Thursday as a "turning point in our pursuit of global economic recovery."

...

He spoke shortly after G-20 leaders pledged an additional $1.1 trillion in financing to the International Monetary Fund and other global institutions and declared a crackdown on tax havens and hedge funds. The leaders announced the creation of a supervisory body to flag problems in the global financial system — but did not satisfy calls from the U.S. and others for new stimulus measures.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; Government; Politics/Elections
KEYWORDS: hails; obama; recovery; summit; turningpoint
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Jennifer Loven's lovin' it.

.. but it was pretty much a dud as summits go, imo.

1 posted on 04/02/2009 11:18:45 AM PDT by NormsRevenge
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U.S. President Barack Obama walks onto the stage before addressing a news conference at the G20 summit at the ExCel centre in east London April 2, 2009. World leaders agreed a trillion-dollar deal on Thursday to combat the deepest economic downturn since the Great Depression. REUTERS/Dylan Martinez (BRITAIN BUSINESS POLITICS)


2 posted on 04/02/2009 11:20:07 AM PDT by NormsRevenge (Semper Fi ... Godspeed.)
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To: NormsRevenge

With all the nonstop Michelle Obama coverage I thought I was watching PROJECT RUNWAY. Except with animals.


3 posted on 04/02/2009 11:20:44 AM PDT by exist
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.

U.S. President Barack Obama speaks at a news conference after the G20 summit at the ExCel centre, in east London April 2, 2009. World leaders agreed a trillion-dollar deal on Thursday to combat the deepest economic downturn since the Great Depression.. REUTERS/Dylan Martinez (BRITAIN BUSINESS POLITICS)


4 posted on 04/02/2009 11:20:58 AM PDT by NormsRevenge (Semper Fi ... Godspeed.)
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To: NormsRevenge
But I thought the “turning point” was the Stimulus Bill that had to be rushed without anyone reading it? Or perhaps it was the auto bailouts? Or perhaps TARP? Or was it the Omnibus Spending Bill?

I'm sooooo confused?

5 posted on 04/02/2009 11:21:43 AM PDT by Carling ("We've lost two people in my family because you dickheads won't cut trees down," - Warwick Spooner)
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To: NormsRevenge

Which way? Down?


6 posted on 04/02/2009 11:22:08 AM PDT by CPOSharky (Zero: I don't care about the country as long as I'm in charge. Forever.)
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Turning point? We'll see.

France's President Nicolas Sarkozy talks on the phone as he leaves the Excel Arena in London April 2, 2009. World leaders agreed a trillion-dollar deal at a G20 summit on Thursday to combat the deepest economic downturn since the Great Depression. REUTERS/Phil Noble (BRITAIN)


7 posted on 04/02/2009 11:22:55 AM PDT by NormsRevenge (Semper Fi ... Godspeed.)
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To: NormsRevenge

is there a thread about his press conference right now?


8 posted on 04/02/2009 11:23:50 AM PDT by manc (Marriage is between a man and a woman no sick MA,CT sham marriage end racism end affirmative action)
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To: NormsRevenge

Another triumph of style over substance, as Rush would put it.

BO doesn’t have to accomplish anything or produce any results. He believes his declarations are sufficient......


9 posted on 04/02/2009 11:24:30 AM PDT by G Larry (Obama's plan = "STEALING FROM THOSE WHO CREATE THE JOBS!")
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To: NormsRevenge

I just turned on Fox News, and Bambi’s trying to answer somebody’s question, but so far I can’t figure out what he’s saying.


10 posted on 04/02/2009 11:24:33 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: CPOSharky
Which way? Down?

Hope you're in a position to ask him the question.

'Cause our news media sure won't.

11 posted on 04/02/2009 11:24:42 AM PDT by skeeter
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To: NormsRevenge

The boy who cried wolf. Obama is an idiot and has surrounded himself with other idiots.


12 posted on 04/02/2009 11:26:16 AM PDT by CodeToad (Anyone wanting the government to take over medical care should stand in line at the post office)
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To: NormsRevenge

Okay Everyone:

Let’s make this the “Mission Accomplished” Banner for Obama.


13 posted on 04/02/2009 11:27:05 AM PDT by rom (Obama '12 slogan: Let's keep on hopin'!)
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To: CodeToad
Is he stumbling over every other word or am I Not hearing him correctly ? No Teleprompter there ?
14 posted on 04/02/2009 11:29:05 AM PDT by Milly (An Aggie Grama .)
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To: NormsRevenge

One of the Associated Pimps, another Jennifer (Quinn) thinks spouse Mickey really charmed the Queen ....
I suppose around the world, Jennifers everywhere join in spontaneous demonstrations of joy and gratitude for our wise & powerful Dear Leader, Big Bro’.


15 posted on 04/02/2009 11:29:28 AM PDT by tumblindice (no more `compassionate conservatives', no prisoners)
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To: Milly
"Is he stumbling over every other word or am I Not hearing him correctly ? No Teleprompter there ? "

He's stumbling. Last question from a female reporter from India, who asked him how the U.S. is going to help India deal with terrorism from Pakistan, and he danced around the question, eventually settling on climate change. What the hell?

16 posted on 04/02/2009 11:34:31 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: NormsRevenge
What do you mean - this was a great success. Bloviating over foie gras and throwing a trillion dollars at the obsolete IMF is just what the world economy needed.
17 posted on 04/02/2009 11:35:05 AM PDT by colorado tanker (Oh my God, am I hoping for change.)
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To: tumblindice

is anyone watching this question time .

he is so full of himself and I have never heard so many er’s


18 posted on 04/02/2009 11:35:50 AM PDT by manc (Marriage is between a man and a woman no sick MA,CT sham marriage end racism end affirmative action)
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To: mass55th

I saw that and she also said she is proud of her leader

so much for Journalists not being biased.

course after this the media will be loving him even more while the other leaders are doing things for their country, this man is whoring himself out of the media

He is a complete jack arse


19 posted on 04/02/2009 11:37:35 AM PDT by manc (Marriage is between a man and a woman no sick MA,CT sham marriage end racism end affirmative action)
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To: manc
"is anyone watching this question time."

Not much clapping when he left the stage.

20 posted on 04/02/2009 11:38:26 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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