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Brown calls on world to strike 'grand bargain' to solve economic crisis

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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 02:49 PM
Original message
Brown calls on world to strike 'grand bargain' to solve economic crisis
more: http://www.timesonline.co.uk/tol/news/politics/article5759632.ece

Brown calls on world to strike 'grand bargain' to solve economic crisis
(Ben Stansall/AFP/Getty Images)
'Every part of the world must be part of the stimulus,' said Mr Brown
Philip Webster, political editor
Gordon Brown brushed aside "gossip" about his future today as he called on world leaders to strike a “grand bargain” to deal with the economic downturn.

The Prime Minister urged the need for co-operation on banking reform and fiscal stimulus packages as he outlined his hopes for the G20 summit of world leaders in London in April.

“From the discussions I have had and am about to have... I think we are fashioning for the future a global deal, a grand bargain, where each continent accepts its responsibilities and its obligations to act to deal with what is a global problem that can only be solved with a global solution,” he told reporters.
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stopbush Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 03:15 PM
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1. As long as the FIRST STEP in any such global bargain is that
the super rich - ie: anyone worth over $25MM - turn over 95% of their wealth to a global pot that will be distributed more evenly around the world, to governments and citizens.

That means Bill Gates would have to be happy living on $2.3bn. The rest of his $46bn fortune would go into the general fund. A person worth $25MM would have to get by on $1.25MM. I know it's hard, but we all have to share the pain.

The merely rich would get to keep up to $1.25MM and turn the rest over to the general fund.

Considering the top 5% of the world owns 80% of the wealth, the world would suddenly be awash in cash!

Of course, that's not what Brown is proposing. No, he wants the clock to start running NOW, with the wealth of the elites grandfathered into any "new" world economy. They get to keep their mostly ill-gotten gains while the other 5-billion-plus of us fight over the crumbs.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 05:33 PM
Response to Reply #1
6. My First Thought As Well!
Turn over the cash and we won't haul out the guillotines!
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 11:26 PM
Response to Reply #1
7. I'm with ya.
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balantz Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 03:22 PM
Response to Original message
2. NWO


King George Bush The First said "...a rare opportunity to move toward an historic period of cooperation. Out of these troubled times...a New World Order can emerge."
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daninthemoon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 03:32 PM
Response to Reply #2
3. beat me to it. prince charles will reign after all.
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 04:52 PM
Response to Reply #2
4. yup
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-09 04:57 PM
Response to Original message
5. You guys keep doing what we tell you, and we'll keep calling the shots. OK? nt
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