Posted on 09/21/2009 7:06:20 PM PDT by NormsRevenge
WASHINGTON (Reuters) – The United States will urge world leaders this week to launch a new push in November to rebalance the world economy, but there are doubts national governments will bow to external advice.
A document outlining the U.S. position ahead of the September 24-25 Group of 20 summit in Pittsburgh said exporters, which include China, Germany and Japan, should consume more, while debtors like the United States ought to boost savings.
"The world will face anemic growth if adjustments in one part of the global economy are not matched by offsetting adjustments in other parts," said the document, which was obtained by Reuters on Monday.
The framework drafted by U.S. policy makers foresaw analysis of G20 members' economic policies by the International Monetary Fund to figure out if they were consistent with better balanced growth.
"We call on our finance ministers to launch the new framework by November," the document said, signaling a determined effort to maintain momentum for change created by last year's global financial crisis.
The United States envisages the IMF playing a central role in a process of "mutual assessment" by making policy recommendations to the G20 every six months.
Finance ministers and central bankers from the G20 countries are due to meet November 7-8 in Scotland.
(Excerpt) Read more at news.yahoo.com ...
A worker spruces up the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania, the site of the upcoming G20 Summit. A US rights group is suing the city of Pittsburgh and the US Secret Service on behalf of activists seeking to protest the G-20 summit to be held September 24 and 25 (AFP/File/Paul J. Richards)
We’ll be lucky if the rest of the world (led by the Chinese and the Japanese, for starters...) doesn’t choose Pittsburgh to announce that they are summarily divesting themselves the Dollar.
This is the goal of many, if not all, of Obama's admin. and of Obama himself--ALL the Clinton retreads in this Admin. are globalists, climate changers, alternate energy NOW believers (never mind if there IS NO alternative, yet) and believers in world wide disarmament.
Those complacent people who view this admin. as just politics as usual need a reality check and a swift kick to waken them.
The leftists have the bit in their teeth and intend to do us in as a sovereign nation ASAP. History is littered with the corpses of gullible, complacent nations beguiled by dictators.
vaudine
LLS
True, and we need to disect this IMF—International Monetary Fund. What have they been up to, what do they stand for and just how do they ooperate? Who are the key players? Is Soros involved at all?
The globalist Destroyer marches on.
It is going to be intersting. The chinese want a world communist government. They might not raise a ruckus.
Listen to the song: Der Fuhrer's Face performed by Spike Jones
http://www.youtube.com/watch?v=KU_V146wvXQ&feature=related
LYRICS:Note: Each "heil heil" is accompanied by what is
variously called "the bird", "the raspberry", or "the
Bronx cheer"
CHORUS
When der fuehrer says we is de master race
We heil, heil, right in der fueher's face
Not to love der fuehrer is a great disgrace
So we heil heil right in der fuehrer's face
When Herr Goebbels says we own the world and space
We heil, heil, right in Herr Goebbels' face
When Herr Goring says they'll never bomb dis place
We heil, heil, right in Herr Goring's face
Are we not he supermen Aryan pure supermen
Ja we are the supermen (super duper supermen)
Is this Nutsy land so good
Would you leave it if you could
Ja this Nutsy land is good
We would leave it if we could
We bring the world to order
Heil Hitler's world to order
Everyone of foreign race
Will love der fuehrer's face
When we bring to the world dis order
CHORUS
When der fuehrer says we is de master race
We heil, heil, right in der fueher's face
Not to love der fuehrer is a great disgrace
So we heil heil right in der fuehrer's face
“China, Germany and Japan, should consume more, while debtors like the United States ought to boost savings “
YEAH right - good luck with that...
The Russians also hold lots of US debt (Hence why Obama wants higher oil prices and doesn’t want to drill domestically-So we can barrow more from the Rushkies)...
It would have nice if he discussed it with US first!
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