Friday, April 3, 2009

Smoke and Mirrors go Global

Hubris, hoopla and claims that were false, cynical and very, very dangerous

Analysis of G20 communique reveals cracks and falsehoods regarding the amount of 'new' money involvedn and it is more likely that Gordon Brown seems to have corralled fellow leaders into perpetrating a gigantic collective fraud on world public opinion. Unfortunately it is also a sign of the degradation of the civil service over the past ten years that senior British government officials were happy to throw their weight behind what was little more than a lavishly funded PR stunt that President Obama may well end up bitterly regretting.

Posted by enuii @ 10:15 PM (1154 views)
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6 thoughts on “Smoke and Mirrors go Global

  • britishblue says:

    Very biased article. Not sure what is relevance is to HPC. Like him or loathe him this summit wasn’t a failure for Gordon Brown. And what many people forget is that getting more money into the IMF could directly effect the UK. This means if the UK needs an IMF bail out, its there to be borrowed.

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  • ‘Getting money into the IMF’ Who and how ? Seems to me that the G20 was one more shallow sham. Lots of words and backslapping without any substance. When the people realize the level of deception involved, there will be real anger,

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  • charlie brooker says:

    The mania experienced throughout the Anglo-Saxon countries and the language and fallacies that enalbled its tranmission has now been spread to the rest of the world.

    The world is now embracing global financial psychosis.

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  • @ 1.
    Very biased article. Not sure what is relevance is to HPC. Like him or loathe him this summit wasn’t a failure for Gordon Brown. And what many people forget is that getting more money into the IMF could directly effect the UK. This means if the UK needs an IMF bail out, its there to be borrowed.

    No more biased than the over-the-top reporting for a G20 meeting which didn’t actually do anything – apart from raise expectations. I hate to have to tell you this, but it has raised no more money, not a single dollar, than that already promised, weeks ago.

    With regards to the IMF, the UK will definitely need it, due to Gordon Brown’s wreckless finantial management of this country…..Once again, Gordon Brown trying to make things look better long enough to win an election.

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  • Is that the real ‘Charlie Brooker’!

    It seems the right are terrified of what the G20 implies, behind the rhetoric and pomp, that the world is going to have to become a more collaborative world… new money, old money… these are big big decisions so i’m rather glad they weren’t’ bounced into it and (of course) they’re all playing to domestic audiences but you can sense a tangible shifts in the balance of power. We’ll get out this recession (when, who knows?) with a different world… a less ‘anglo-saxon’ capitalism.

    So, yes, the neo-liberal right is terrified, because the old way elites gained power, through divide and conquer, and the false ideology of the ‘pure free market’ are harder to sell than they used to be. Euro-social democracy is the snail that will win the race. Their growth is slow NOT because of the inefficiencies of the system, but because it’s built on solid, moral, social foundations (or more so than the US/UK model)… we’ll see how well UK and US do over the next decade based on mean spiritedness, materialism and greed.

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  • It seems the right are terrified of what the G20 implies, behind the rhetoric and pomp, that the world is going to have to become a more collaborative world… new money, old money… these are big big decisions so i’m rather glad they weren’t’ bounced into it and (of course) they’re all playing to domestic audiences but you can sense a tangible shifts in the balance of power. We’ll get out this recession (when, who knows?) with a different world… a less ‘anglo-saxon’ capitalism.

    I think you are wrong about the ”more collaborative world”….it’s simply deceit in a different disguise, behind a smile.

    we’ll see how well UK and US do over the next decade based on mean spiritedness, materialism and greed.

    Well, we have had the great socialist money give away – from Gordon Brown – and now we have to pay for it. If ”mean spiritedness, materialism and greed” mean an end to the new labour socialist experiment, then thank god!!!

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