New world order hailed after rescue
Experts are digesting the G20's "historic" trillion-dollar bid to pull the world out of recession after Gordon Brown hailed the creation of a "new world order".
After two days of intense talks with his fellow leaders, the PM claimed victory, saying: "This is the day the world came together to fight back against the global recession, not with words but a plan for global recovery and reform.
"The decisions, of course, will not immediately solve the crisis, but we have begun the process by which it will be solved."
US President Barack Obama was effusive in his praise for Mr Brown's chairmanship, and branded the outcome "a turning point in our pursuit of global economic recovery".
There had been fears of tensions with French president Nicolas Sarkozy and German chancellor Angela Merkel. In the event, both proclaimed themselves satisfied, having secured tough curbs on tax havens and hedge funds.
Mr Sarkozy said "a page has been turned" on the "Anglo Saxon" financial model, while Mrs Merkel said it represented "a very, very good, almost historic compromise". But there were no firm commitments to a new fiscal stimulus - which many believed Mr Brown and Mr Obama were hoping for.
The key plank of the deal is an injection of 1.1 trillion dollars of additional resources for the International Monetary Fund and other international institutions - the biggest increase in their history, according to Mr Brown.
Mr Brown said new rules on bankers' remuneration - establishing "sustainable compensation schemes" - would mean "no more rewards for failure".
Liberal Democrat Treasury spokesman Vince Cable said the summit "stopped the rot" in the global economy but more had to be done to boost trade and tackle tax havens.
He told BBC Breakfast that world leaders had realised they needed to act together to deal with the worldwide recession.
Also click on thumbnail of this article from TheLondonPaper
Now I don't know about you, but I'm at the point where I cringe at the use of New World Order by politicians full stop. I remember Gordon Brown using the same phrase for an ecological plan a few years ago. I even remember Blair using that phrase in a speech post 911. That was the same phrase George Bush senior used in his 1990 speech in which he said that the 'rule of law' would be used globally. However I would like to point out that the phrase no longer gives me 'conspiracy paranoia'. On the contrary, I think that their over confidence and complacency is making them over expose the covert tactics, and that will mean enough people will see though the veil to make their agenda vulnerable.In the aftermath of the G20 summit it seems that all they have really achieved is to further borrow and spend their way out of debt, which is impossible. I doubt this is anything more than a spin doctoring via the big lie machine to lure us into a false sense of security. One thing that was agreed was that 800 more troops should be sent to Afghanistan. It's funny how the war machine continues during times of financial cutbacks. All the talk about closing Guantanamo Bay and bringing troops out of Iraq, and what do they do? Exactly.
And as for the way the protests were spun in the media, I saw a front page of the Daily Mail with the caption "Love and Hate". Love referring to a cosy picture of Brown and Obama with a backdrop of US and UK flags, and hate referring to a disturbing picture of riot police hitting a man with blood dripping off his head. I also saw a picture of police charging at a man who had fallen to the ground.
But when I dug deeper I than the front pages I came to the conclusion that the majority of protesters were peaceful, but the 'perception management' of the propaganda machine is the same old trick - make the only people who stand up to the lies in our society be portrayed as unwashed benefit scroungers hell bent on causing destruction and violence - even if the photographic evidence shows the police hitting them! The police are nevertheless portrayed as good, and their bleeding, bruised victims are seen as layabouts who should get their hair cut and get proper jobs like normal people.
However I feel that the general consensus is drifting away from that these days. Our world leaders are so blatant in their lies, deception and control freakery that a lot more straight ordinary people are feeling like they have been taken for a ride by gangsters.
Before 911 I used to go to the anti capitalist Mayday demos. The next day, straight people would pass judgement on everyone who attended as being unwashed dole scroungers, drug users, etc. But it seems these days that a lot of people in suits with normal jobs who still consider themselves to be capitalists attend these demos. It's no longer capitalism vs anti capitalism. It now appears to be joint captilism/anti capitalism vs gangster capitalism.
It may just get easier to shoot more holes in this New World Order and expose it for the scandalous sham that is is. Who are they kidding eh?
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