Sunday, November 16, 2008

Ladies and Gentlemen, Meet the New World Order.

Malcom, and Gray... Do you Believe Ron Paul Now?

WASHINGTON (Reuters) - World leaders pledged rapid action on Saturday to rescue a weakening global economy from the worst financial crisis in over 70 years and agreed to give emerging nations more say in running financial affairs.

The Group of 20 leaders from major industrialized and developing countries set out plans to toughen oversight for major global banks, study limits on banker pay and try for a breakthrough by year end in global trade talks -- all part of a roadmap to rebuild a financial system crippled by the credit crisis...


In what portends a major shift in the global balance of economic power, the G20 agreed to a place for emerging market economies on the Financial Stability Forum, where top bank regulators evaluate banking and market risk.

The FSF also won a bigger role in setting global financial policies and standards, which national regulators then would follow.


Malcolm said...

Nope; I'm still not buying into the whole New World Order bit.
International meetings have been going on for years. The NWO argument was equally made when the League of Nations was formed.
Other than that, thanks for remembering me :)

Gray said...

"Do you Believe Ron Paul Now?"


This has been another shameless plagiarism of the popular series "simple answers to simple questions".
Hat tip to Atrios!

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