Sunday, March 15, 2009

G-20 Summit’s pre-summit meeting

Excerpt:
*But officials remained cool to a U.S. push for more coordinated government spending to stimulate economies.

In my opinion, this one sentence says a lot about how the world financial community is viewing America. I am sure America’s recently renewed sanctions on Iran have not endeared us with the summit attendees and neither has the controversy over the hiring of Charles Freeman.

Those two situations alone are examples of how America is not ready to play with the big boys by continually making immature decisions and making preparations to go to the April 2nd Summit with school yard bully demands and the additional baggage of not being prepared to fully participate in the summit. In other words, no meaningful homework. At this point, the other participants may chuckle to themselves attributing these unfortunate situations to the on-going border disputes between America and Israel. (Smile)

The excerpted sentence at the beginning of my post also reminds me of the conference a group of parole officers may have before the prisoner comes in begging for a parole or the huddle of a football team. In other words, the April 2nd G-20 Summit will provide a unique photo-op for America and President Obama. Nothing more.
As always,
BB
* G-20 Pledge "Sustained Effort" On Global Financial Crisis
http://www.huffingtonpost.com/2009/03/14/g-20-pledge-sustained-eff_n_174972.html

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