Here is the Text of the G20 Communique In Compressed Form

[Orwellian_Ghost]

Here is the text of the G20 communique, in compressed form.



"We, the Leaders of the Group of Twenty, will use every cent we don't possess to rescue corporate capitalism from its contradictions and set the world economy back onto the path of unsustainable growth. We have already spent trillions of dollars of your money on bailing out the banks, so that they can be returned to their proper functions of fleecing the poor and wrecking the Earth's living systems. Now we're going to spend another $1.1 trillion. As an exemplary punishment for their long record of promoting crises, we will give the IMF and the World Bank even more of your money. These actions constitute the greatest mobilisation of resources to support global financial flows in modern times.

Oh - and we nearly forgot. We must do something about the environment. We don't have any definite plans as yet, but we'll think of something in due course."


http://www.guardian.co.uk/environment/georgemonbiot/2009/apr/02/1

[leftstreet]

1. That sounds about right

x(

[Aloha Spirit]

2. Surely the rational policy ... is now to keep growth rates as close to zero as possible

"Surely the rational policy for the governments of the rich world is now to keep growth rates as close to zero as possible?"

-Monbiot, October 2007

While I agree that in some ways a recession is good for the environment, I would never prescribe a recession as a way to protect the environment.
Monbiot is provocative and very smart in my opinion, but I hope we can see his statements as a valuable perspective but not necessarily the best way forward.


Quote from this blog post:
http://www.monbiot.com/archives/2007/10/09/bring-on-the-recession/

[progressoid]

3. Woohoo!! Success!!

I'll be able to sleep at night again.

[hootinholler]

4. Succinct and cogent.

Nicely done.

-Hoot

[Orwellian_Ghost]

5. Kicking