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British PM: We Need ‘Global New Deal’Posted on Feb 23, 2009
It’s time for teamwork, according to British Prime Minister Gordon Brown, who made a call for unity—and a “global New Deal”—during a meeting about the worldwide economic crisis with other European heads of state over the weekend.
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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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By CopyKatnj, February 24 at 2:37 am #
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Another Socialist society going broke.
Report thisBy Paul Sz, February 24 at 1:02 am #
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More like we need a global revolution to overthrow these bastards before they steal every last shred of wealth and freedom from under our feet.
But we’ll probably end up taking it up the a$@ and thanking them for it afterwards. “Please sir, I’d like some more.”
Report thisBy cyrena, February 23 at 11:11 pm #
Humm…could just be an emotional reaction on my part, but I actually sensed something positive from this article.
The comments from Gordon Brown are almost identical to those from my favorite Professor, Richard Falk. He said the same thing in a lecture a few years back..“The World needs to be ORGANIZED better.” Or, at least RE-organized more efficiently in terms of 21st Century realities.
Thing is, we’ve known this for a while now, even as the crash was approaching. But it’s obviously taken this to actually HIT on a global level, to wake people the hell up.
Now that enough of them, (the rest of the International Community) are making some efforts to look for an opportunity left in the mess of the destruction, I find that encouraging.
Report thisBy Big Wes, February 23 at 10:45 pm #
Isn’t it ironic that the international community sees the New Deal as a success but we have right-wing pseudo-economists and historical revisionists arguing that it failed. Why? It sets a precedent for large scale government intervention in the markets. The powers that be fear that a little wealth and power might trickle down if the government helps out the little man.
We are probably close to seeing an international socialization of the financial system. It will be interesting to see what the ramifications of this development for the “fat cat” financiers. The government will probably take over banks, stabilize them with huge injections of taxpayer funds, and then sell them back to private capital groups ran by the same idiots who caused this crisis in the first place. With the balance sheets cleaned up, it will be back to the ol’ drawing board to design the next house of cards get rich schemeā¦
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