Quest Means Business   « Back to Blog Main
April 3, 2009
Posted: 857 GMT
Share this on:
zach prather   April 3rd, 2009 9:17 am ET

yes as you said just having all of them in one room on the same page so to speak is allready a big change from the past.Now lets hope it continues in this vain.

arizumabrett   April 3rd, 2009 9:23 am ET

"Bridging the gap between hard economics and entertaining TV" right... lately our "financial system" (oxymoron, there is nothing systematic about it, except it is a systematic rip-off) has looked like a 3 stooges comedy.

In this age of the Internet and high speed and comprehensive media coverage (yes, like CNN) a certain element of transparency has been introduced. It seems clesr that the entire "Capitalist system" is one huge Madoff-like Ponzi scheme.

Now let's see, we're borrowing 3.5 trillion non-existant dollars to fund the rebuilding of the lower levels of our country's infrastructure (you know, that useless stuff like education, health care, and living wages for people who work for a living) that has been neglected for the last 2 decades so that the capitalist elites could bank huge profits?

The emporer has no clothes, its time to stop the bailouts that go to the elites and pump the money in at the bottom of the heap. Trickle down never worked. Give each taxpayer at least $30,000 instead and let it percolate up.

We can pay down our credit card debts, College loans, auto loans, and mortgages ("death-pledges") and end this financial constipation. That's the stimulus we need. A good enema. This is nothing new of course, we've been taking it up the ass since Ray-gun was in power.

Yasin   April 3rd, 2009 11:50 am ET

hi

it looked to me more of a PR/marketing campaign

just a 1 day coneference to decide the economic fate of the globe seems far fetched.

why spend millions of dollars on arranging such a hifi event , they should have led from the front and kept a simple event

mr.obama i heard travelled with 500 people from usa , including 200 odd secret service agents. thats outrageous use of tax payers money

while its good to hear mr.brown say its a london agenda not the washington agenda , i still feel washington will continue to call the shots

though too soon to say , i doubt we the people will experience any effect of the decisions made. a select few might but not the masses definitely

Jeff Edelman   April 3rd, 2009 1:35 pm ET

I absolutely think that it was worth the effort. It was important to get everybody together. And it was the first time that many of the world's leaders met each other. In a global economy, that's important.

chamseddine   April 3rd, 2009 5:27 pm ET

USA USA
Please don't try to find your way
My name's Bob I loose my job
The bankers rob, And who wil pay!
USA USA
They take my home,that was a shame
But whose to blame ,and who should pay!
USA USA
I live in a junk , near a bank
that was a bank the other day
USA USA
The Nato summit, a new best Rocket
It is in my pocket, to deal fair play
USA USA
The G twenty one, we'll wait more fun
A toast for every one, who will pay
USA USA
Obama is brave, but I prepare my grave
I'll hire one, a big one, to me and my son
In a way, I should die in USA
How to blog in CNN, How to share with other men
all my joy a bit of pain ,Please Don't cry;
There no way in USA

essencejoy   April 4th, 2009 6:37 am ET

I followed you on twitter. I must say that you are quite a hit this week on AC360. Hope you are on US CNN more often. You're hilarious and awesome!

Manuel Vilhena   April 4th, 2009 6:52 pm ET

Hello,

As the President of the Portuguese Central Bank said just after the end of the summit: "Results will be seen in the next months".

Personally I believe that short term measures should be applied immediately as FMI loans for example.

Manuel,
Coventry, UK

Lauro Silva - Brazil   April 5th, 2009 5:23 am ET

It seemed a fraternization commemorating a magnificent status of symbols of the world when actually now the shoe is on the other foot. Their speeches lacked consistency and the positive results of the meeting didn´t deserve to be patronized once more by the millions and millions of the taxpayers dollars. The participation of Italy,as a member of G-20,in these days, is a bit to be questioned because of its serious problems with the currency euro, not to mention the situation of PM Berlusconi, The Gaffes King as named by the italian press, who faces judicial charges at home and other degrading comments not appropriate for a Prime Minister. ´´Perché deve urlare così?- why to scream like that?,´´ the reprimand he received from the Queen when he shouted, calling Mr. Obama after the photo.´´ Un bambino birichino- a naughty boy´´.The leaders,at the meeting,ducked out of focusing on the very reasons of the mess,that is, the speculative stock market and the unbridled mismanagement. The pill has not to be sugar-coated, hard adjustments have to be made to face the bad effects of the crisis, tightening the belt like the common people is doing as well as give more respect to the taxpayers money, bringing to justice the guilty bankers, investors and CEOs, instead of maintaining them in charge and stuffing them with astronomical bailouts. The bailouts despite being a prize ends up feeding the mess that soon will show its horrible inflationary face.

Comments have been closed for this article

Powered by WordPress.com VIP