Some G20 nations hope the weekend summit on financial reform will be a modern Bretton Woods, but can it make big decisions without Barack Obama?
And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed.— Rev 13:15
For the Prime Minister, Gordon Brown, it is a “new Bretton Woods”, as important as the 1944 convention that established the modern financial world order. For Nicolas Sarkozy, President of France, it is a once in a lifetime chance to remake the global financial architecture and usher in an era of "regulated capitalism." But beware the headlines that these leaders try to manufacture when they assemble for their credit crisis summit in Washington this weekend.
What we have is a summit without an agenda, on a crisis without an agreed cause, in a country without a functioning government. The US-whose outgoing President agreed to hold the meeting under French pressure, and whose President elect, keen to stress that the US has "only one president at a time", won't even be there- has already bristled at European talk of creating a new supra-national regulators and international rules.
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:— Rev 13:16 More
- SÃO PAULO: Finance ministers and central bank presidents from 20 leading nations called Sunday for an increased role for emerging economies in negotiations to overhaul the international financial system
New World Order Speech From the 1st President Bush
Tag: New World Order, G-20 Summit Washington, Beast Empire