View Single Post
  #6  
Old 06-27-2010, 09:13 PM
Danzig Danzig is offline
Dee Tee Stables
 
Join Date: May 2006
Location: The Natural State
Posts: 29,942
Default

on another note, we get a losing grade from msnbc regarding the g20 summit:

http://www.msnbc.msn.com/id/37963363/ns/politics

Factbox: Winners and losers at the G20 summit


updated 1 hour 7 minutes ago
TORONTO — The Group of 20 ended a summit on Sunday saying its top priority was strengthening the shaky economic recovery and pledging to clean up debt-burdened public finances without stunting growth.

The group of major and emerging economies had different priorities going into the Toronto summit, and some were able to achieve more than others during the two-day meeting.


UNITED STATES - LOSE

U.S. President Barack Obama arrived at the summit on what White House officials hoped would be a triumphant note after House and Senate negotiators reached a final compromise on a bill that would bring about the most sweeping overhaul of financial rules since the 1930s.

But he left having achieved little on the fiscal issues that dominated the summit.

The United States was forced to give ground on European demands for a new emphasis on budget austerity, which it had warned threatened to torpedo the fragile economic recovery.

Obama also told G20 leaders that existing proposals in the Doha world trade talks did not meet U.S. needs and would have to change significantly.
Reply With Quote