Posted by: rotenochsen | March 29, 2009

WHAT AWAITS THE OBAMA TEAM AT THE G20 IN LONDON

Sunday, March 29, 2009




Not only are radial groups planning to demonstrate, and if restrained by the “bobbies”, are prepared to turn violent with brick throwing and property destruction.
All the protests are being orchestrated by a suspended professor Chris Knight, who organized “Operation G20 Meltdown” in a basement London Pub. He is a professor of Anthropology at East London University, and his assistant, with help from student radical groups. They plan to encamp out side the Excel Center in London’s Dockyards.

Along with this radical professor are the usual assortment of modern day neo-communist anarchists. A coalition of more than 100 trades unions, charities, churches and pressure groups that marched in London yesterday under the banner of “Jobs, justice and climate.”

Tens of thousands of protesters expected to rally in London The groups include the TUC, the Salvation Army, Friends of the Earth, Greenpeace, Oxfam, Tear Fund, the National Pensioners Convention, Stop Climate Chaos, Action Aid and the Muslim Council of Britain. Sounds to me like the group backing The Daily Kos!

Their message to the G20 summit is that “only just, fair and sustainable policies can lead the world out of recession”. What about saving the Countries who provide billions to the Third World Countries run by despots and dictators?

They want the British government to invest in green jobs and public services, and push for “a transparent and accountable process for reforming the international financial system”. This should resonate well with President Obama, since he apparently wants to take the USA down the same road to Socialism that Great Britain has followed with disastrous results for 10 years!

A mixed group of anti-capitalists, environmentalists and anarchists who have joined together for the G20 protest will meet at four London stations and march to the Bank of England where they will throw a “mass street party” and hang effigies of bankers including Sir Fred Goodwin, the former head of RBS”. Source ” London Times

Ahead of the summit, Mr. Brown unveiled plans for a new crackdown on tax havens across the world. Sounds like Obama and the US Congress!

Lord Owen, the former Labour foreign secretary, also warned that unless inflation was controlled, Britain’s economy might have to be constrained by the IMF. Sounds to me like Obama should listen to this man!
A leaked communique mentioned a figure of $2 trillion(USA) – £1.4 billion,as a proposal for spending by G20 nations by Britain, as summit host, that still had to be formally agreed. According to the leak, this would boost growth by two per cent and employment by 19 million.

The draft also suggested that Britain wanted the G20 to come up with a target for global growth in 2010 – although no figure was mentioned.

The document stated: “We are determined to restore growth, resist protectionism and to reform our markets and institutions for the future.

“We believe that an open world economy, based on the principles of the market, effective regulation and strong global institutions, can ensure sustainable globalisation with rising well being for all.” I added the italics for emphasis!
Insiders at Der Spiegel(Berlin Germany), said the magazine had obtained the leak from German government sources.

A Prime Minister spokesman at Number 10 Downy, said the £1.4 trillion figure did not amount to “extra money” which Britain was calling for governments to spend to try to rescue economies which have been crippled by the credit crunch, but referred instead to estimates of expenditure which had already been made.

Mr Brown has faced claims that he wants to use the Budget, on 22 April, to unveil a big new fiscal stimulus for Britain while Alistair Darling, the Chancellor, and Mervyn King, the Bank of England Governor, are advocating caution.

The Prime Minister wants a main focus of the summit to be a clampdown on tax havens, with a three-point plan aimed at building on moves which have already seen Switzerland and Liechtenstein agree to abide by new transparency standards.

Britain will push for support on new moves to use tax incentives to stop companies and individuals trading with those who are resident in “non-compliant jurisdictions”, Government sources said, while there will also be new measures requiring companies to disclose more details of dealings with tax havens. Sounds to this blogger like a World government body that supersedes individual government laws!

The third part of the proposed clampdown involves a review of investment policies of institutions such as the IMF and retail development banks with a view to cutting the funds available to tax havens.

Amid the frantic preparations for the summit Lord Owen, foreign secretary under Jim Callaghan in the late 1970s, uses an article in today’s Sunday Telegraph to warn that Britain’s economy might have to be subject to “IMF disciplines” – which would require painful public spending cuts – to halt a “precipitate loss of confidence”.

If President Obama submits to his type of World government. You can kiss OUR CONSTITUTION good bye!

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