Gordon Brown calls for "Global New Deal"

Discussion in 'Economics' started by AMT4SWA, Mar 19, 2009.

  1. Gordon Brown "Global New Deal" article...... http://www.cnn.com/2009/WORLD/europe/02/22/germany.financial.summit/index.html

    Gordon Brown story video coverage..... http://www.youtube.com/watch?v=yZMdA06xbcU

    Gordon Brown story video coverage...... http://www.youtube.com/watch?v=tbqwaO_AAOE

    Also in related news........"IMF poised to print billions of dollars in global quantitative easing"...........

    "The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis."

  2. this is grand theft aka kickstarting inflation to rob the savers in order to bail out the reckless.

    100% moral hazard that will result in civil unrest.

    If you feel the government is robbing you to pay for your neighbour's mortgage, rebellion is the only solution.

    From disobedience to full scall retaliation, brothers unite and fight back.

    This invitation goes to all of you that will be dicked by the coming socialization.
  3. This financial grid takedown has been planned for sometime imo....it is just shocking to watch how fast everything is accelerating now.
  4. From Jeffrey Saut - Raymond James - 2nd of March

    Back in January Stephen Moore wrote a Wall Street Journal article entitled, “Atlas Shrugged: From Fiction to Fact in 52 Years.” For those of us familiar with Ayn Rand’s classic book (Atlas Shrugged), recent events eerily mirror her writings about the economic carnage caused by big government running amok. As Mr. Moore wrote:

    “For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises – that in most cases they themselves created – by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.”

    “In the book, these relentless wealth redistributionists and their programs are disparaged as ‘the looters and their laws.’ Every new act of government futility and stupidity carries with it a benevolent-sounding title. These include the ‘Anti-Greed Act’ to redistribute income (sounds like Charlie Rangel's promises soak-the-rich tax bill) and the ‘Equalization of Opportunity Act’ to prevent people from starting more than one business (to give other people a chance). My personal favorite, the ‘Anti Dog-Eat-Dog Act,’ aims to restrict cut-throat competition between firms and thus slow the wave of business bankruptcies.”

    President Ronald Reagan first suggested that the nine most terrifying words in the English language are, “I’m from the government and I’m here to help.” President Reagan also stated, “Government is not the solution to our problem; government is the problem.” Even President Clinton promised smaller government. But alas, that promise ended on November 4, 2008 as voters elected President Barack Obama, ushering in what appears to be the era of expanded government that Ayn Rand warned of 52 years ago. To be sure, last week marked a historic shift in the country’s ideological direction with the announcement of the proposed new budget; and, one can’t help but wonder if certain politicians are not using the current dour economic environment to expand government’s roll and “push through” their long wished for programs?
  5. Lucrum


    I sure hope so.
  6. Unfortunately, Bush, with his government expanding policies, fell right into the trap of making government even more inefficient:(
  7. First the Brits must join the Euro and sacrifice the Queen.

    Then we can talk.
  8. the Queen is the only profitable business in the UK :D
  9. Well this "first step" may be bypassed all together, with the G-20 meeting just ahead and the IMF pushing for their new world "super-currency" :eek:
  10. One World Currency, One World Central Bank... One World Government, next? One World Police to keep the sheeple in line?
    #10     Mar 20, 2009