American Perpetrators and the G20 Meeting

Timothy Geithner tells the finance ministers from all over the world, “We must promote financial integrity.”

Only a US politician has the gall to to make that statement.

The first question I would ask Mr. Geithner, “What do American policitians know about financial integrity? The United States Congress is wholly responsible for the global economic crisis due to a lack of financial integrity…and now you’re telling us what we need to do? Your own President's administration has personally proven a lack of financial integrity."

According to CNN , Geithner said, ’ "There has been a lot of talk of reform. Now is the time for action… We must at the same time build a strong supervisory and financial regulatory framework for the future to ensure no such crisis occurs again."

He also said it was also vital to take decisive actions to strengthen the financial regulatory system and pledged to lay out more details of U.S. actions before another G20 gathering in April where political leaders will try to agree on how to bring a global recession to an end.’

I find it odd that Secretary Geithner didn’t have a detailed plan of action when he went to the meeting…but he says he will have one by the next meeting in April.

Obama's interview with Brazilian President
Brazilian President Luis "Lula" da Silva told Obama and reporters that they are worried about US credibility and trust, “visa vi, the people and governments”. YA THINK?

He goes on to express concern because “money has vanished” and that every dollar their government spends to stimulate the economy will take a dollar away from their economy. Makes sense to me!

Brazil has the 10th largest economy in the world.

Bottom Line
Why in the hell would anyone listen to, much less trust, an American politician; especially on how to stimulate the economy when our own Congress created this global economic crisis? As the US government borrows and spends, it continues to hurt the economy…and everyone knows it!

Redistribution of wealth is happening at an alarming rate. The bankers will sell American assets to foreign countries just as fast as they can. These are the same countries who loan America money so our government can continue to operate. Maybe we should listen to them.



emphasis added by Denney Crane