U.S President Barack Obama (L) laughs with Italy's Prime Minister Silvio Berlusconi (C) and Russia's President Dmitry Medvedev as they pose for a family photograph at the G20 summit at the ExCel centre, in east London April 2, 2009. World leaders are set to declare an end to unfettered capitalism at a G20 summit on Thursday after France and Germany demanded they act fast on promises to prevent a repeat of the worst economic crisis since the 1930s. REUTERS/Stringer (BRITAIN BUSINESS POLITICS IMAGE OF THE DAY TOP PICTURE)
More of our money, which we don’t have, going to other countries. I’m sure that the young lady, trying to feed her children, trying to keep her job, make her house payments, really cares about the IMF.
I can't wait to be taxed more. Thank you.
“Global leaders pledged an additional $1 trillion”
Global leaders my ass. This money is going to come from the US taxpayers. The taxpayers are already committed to trillions of dollars in future spending, now more money is being stolen from them.
FOX just said that the G20 leaders are doing a joint press conference but Obama will not be present. He has opted to HAVE HIS OWN PRESS CONFERENCE!
His arrogance knows no bounds.
How much money have we wasted on “struggling countries”?
Why don’t we just face the fact that not all countries will end up like us or other major modern countries?
NWO...I guess to ask under what authority zer0 has to do this would be a waste of time.
Anyone that can’t survive on their own should just drop dead!
And my guess is that the US share is about 500 billion.
In short, Obama just added another half a trillion dollars to our debt.
So $1000 per US resident (assuming we ONLY pay 25-30% of total)...is anyone going to ask us? ...nevermind...
Does Congress have to vote on this kind of expenditure?
World losses were recently estimated to be about $50 trillion so far, the US has pumped over $12 trillion into the mess so far, estimates of another $5 to $7 trillion yet needed by the US for forseeable default protection is in sight, AND, a measly $1 trillion to the IMF only buys a little time until another trillion is needed. Interest payment rollovers renew at monthly combinations up to a year and require continual financing. In the meanwhile, middle class wealth in the Western World has more time for transfer to other hands as their tax burdens are loaded well beyond their lifetime, their home equities evaporate, their jobs disappear. I think of Japan where families can service 200 year mortgages. Yup, $1 trillion into the IMF is only 1/8 of the $12 trillion the US alone has conjured up so far. The market ‘rally’ today, just as others recently will be short lived and a downward course will inexorably proceed. World trade continues to sink with no end in sight. The G20 was hard pressed to come up with a $1 trillion...more will be needed.
Legalized theft. Plain and simple.
LOL. Wut dat flushing sound?
They’re giving it away faster than they can print it.
The Goal: WORLD COMMUNISM. WORLD SOCIALISM.
We battled this eventual happening and lost.
Time to succumb to insanity and drop the ax.
The battle is over.
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....time to LAL.
We are soooooooooooooooooooo..........
Forget the trillions. Just say "no" to sloth.