Embarrassment in Seoul

WSJ: The world won't follow slow-growth, weak-dollar America

Super Fail

On Monday (11/8) it was reported that the talks that the U.S. had hoped would pressure China “now appear to be a disaster,” and won’t reach a meaningful deal Nov. 11 as planned.

Sure enough, the Amateur-in-Chief botched ALL the deals on the table and treated everyone to an "unusual public dispute" between the U.S. and Germany.

But wait, there's more: there's "a law championed by Democrats [emphasis mine] that calls for trade retaliation against countries that manipulate their currencies..."

According to OpenMarket.org

Tit-for-tat trade remedies won’t improve U.S. competitiveness, but can undermine the international trading system.

Do you really think most of us will have even a "pot to piss in" (an old phrase my Mom used to use) after this guy gets done screwing around with America?

G-20: a disaster already

The currency issue will be a major topic at the G-20 meeting Obama will attend later this week in Seoul. But the talks that the U.S. had hoped would pressure China “now appear to be a disaster,” and won’t reach a meaningful deal Nov. 11 as planned, according to Morris Goldstein, former research director of the International Monetary Fund.

Barack Obama can’t escape economic debate

The U.S. is not only calling for more spending, but it is also failing to reduce its own deficit, which will reach $1.4 trillion in 2010. Now, the question becomes when will this come back to hurt the country?

Immediately. Why The G20 Won't Listen To Obama

I'm not really the President, I just play one on TV

Finally, the MSM gets wise: Richard Cohen, Washington Post: Time To Act Like A President

Now do you feel safer?

White House lawyers are refusing to accept the findings of an inter-agency committee that the Uighur Chinese Muslims held at Guantanamo Bay are too dangerous to release inside the U.S., according to Pentagon sources familiar with the action.

This action -- coupled with the release of previously top secret legal opinions on harsh interrogation methods -- demonstrates the Obama administration’s willingness to ignore reality.

[Obama thought other countries would take in these poor innocent men and so he closed Gitmo--but they won't! A recent insight at G-20: As Austrian Interior Minister Maria Fekter explained with impeccable Germanic logic, "if they're not dangerous, why not just keep them in America?"]

Reviewing the Uighurs detention, the inter-agency panel found that they weren’t the ignorant, innocent goatherds the White House believed them to be. The committee determined they were too dangerous to release because they were members of the ETIM terrorist group, the “East Turkistan Islamic Movement,” and because their presence at the al-Queda training camp was no accident. There is now no ETIM terrorist cell in the United States: there will be one if these Uighurs are released into the United States.

According to Defense Department sources, the White House legal office has told the inter-agency review group to re-do their findings to come up with the opposite answer.

The Uighurs and the 'Torture' Memos

President Pantywaist: New surrender monkey on the block!

You name it, he blew it.

British press lays it on the line for Americans!

SHOCK: The Global Financial Meltdown Did Not Start in the U.S.

What really triggered this recession should be obvious, since the same thing happened before every other postwar US recession save one (1960).

Alan Reynolds in an article on the Cato Institute site concludes that President Obama, and other G-20 leaders, have it wrong!

The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity

The world is a step closer to a global currency, backed by a global central bank, running monetary policy for all humanity.

A single clause in Point 19 of the communiqué issued by the G20 leaders amounts to revolution in the global financial order.

"We have agreed to support a general SDR allocation which will inject $250bn (£170bn) into the world economy and increase global liquidity," it said. SDRs are Special Drawing Rights, a synthetic paper currency issued by the International Monetary Fund that has lain dormant for half a century.

In effect, the G20 leaders have activated the IMF's power to create money and begin global "quantitative easing". In doing so, they are putting a de facto world currency into play. It is outside the control of any sovereign body. Conspiracy theorists will love it.

The G20 moves the world a step closer to a global currency

Obama is a weak sister

PS: Isn't that a picture of Larry, Moe, and Curly???

Very little occurred in terms of negotiations, but it seems Europe had no trouble with ultimatums.

This isn’t “smart power.” It’s mindless, unilateral surrender. That seems to be Obama’s specialty at home and abroad.

Obama’s trip shows he excels … at caving

Naïveté Obama style

I knew this would happen...was just waiting for the first toll and here it is:

The Moscow Delusion

Obama Begins Turnover of USA Sovereignty to International Body

UPDATE: WATCH DICK MORRIS VIDEO ON OBAMA AND THE FSB

By Sher Zieve Friday, April 3, 2009

Moving as quickly as he can to gut the USA and then divide its body parts amongst like-minded globalists, the USA’s Supreme Leader Barack Hussein Obama used the G-20 conference to begin his turnover of USA sovereignty to said internationalists and start the move toward a one-world government. Obama has signed off on international legislation—the Financial Stability Board—that would regulate ALL firms, including those within the USA and places them under the responsibility of an international governmental agency.

On FNC’s Greta Van Susteren’s program, author and columnist Dick Morris noted “literally from April 2nd of this year, that is, today, it’s a whole new world of financial regulation in which, essentially, ALL of the U.S. regulatory bodies and ALL U.S. companies are put under international regulation, international supervision. It really amounts to a global economic government.”

Called the Financial Stability Board (FSB), the pending international body’s legislation—which will of course override the US Constitution—states: “We agree to a framework of internationally agreed upon high standards. We will set up a financial stability board with a strengthened mandate to extend regulation and oversight to all systemically important financial institutions, instruments and markets”—including hedge funds, all—anything that they decide is important to the system—to endorse and implement tough new principles on paying (ph) compensation and to support sustainable compensation schemes and the corporate social responsibility of ALL firms.” The international community will now be able to determine the salaries and compensation of us all.

During this same conference, Obama officially announced the reduction in US nuclear weaponry, so that Iran will be more amenable to sitting down to talk with the US. In other words, he’s again announced to the world that the USA is no longer a threat to anyone—let alone terrorists. Never before in our soon to be short-lived history has the United States of America had this sort of a leader who has now announced—in no uncertain terms—that it is his plan and duty to dismantle and destroy the country he represents. He, his administration members and his Congress (with extraordinary assistance from most notably Barney Frank and Christopher Dodd and their friends) have devastated the US economy, are in the process of eliminating the First and Second Amendments—and the entire US Constitution—have ended free enterprise, established his national youth indoctrination—if not police—force (via the GIVE—Generations Invigorating Volunteerism and Education—Act) and have begun the process of taking over virtually all private companies.

In not yet 100 days, Obama and Company have almost destroyed this country. Under this constant and increasing onslaught and devastation from within—by our “leaders”—can the USA stand much longer? Seriously, can it?

http://www.canadafreepress.com/index.php/article/9908

Europeans told President Barack H. Obama that they have no intention of helping him to stimulate the world economy

Little to hail from President's first economic summit

By Irwin M. Stelzer
Examiner Columnist | 4/3/09 7:37 AM

(London) - It is 60 years to the day since President Harry S. Truman signed the Marshall Plan into law to give much needed aid to a prostrate Europe.
,
It is one day since the Europeans told President Barack H. Obama that they have no intention of helping him to stimulate the world economy.

German Chancellor Angela Merkel, presiding over an economy that was sed by America 60 years ago, and that has been supported by American consumers ever since, wouldn’t play.

Neither would French President Nikolas Sarkozy, whose nation’s memory of the liberation of the Paris they so easily surrendered has, er, dimmed with time...

The Daily Beast's guide to who came out on top at the G-20

By the end of their London summit, G-20 leaders had settled on a $1 trillion global stimulus, and influential people the world around are couldn’t be happier—and sadder, and angrier, and every emotion in between. Our guide to who came out on top at the G-20 and the good, bad, and ugly details everyone’s obsessing over.

A sampling:

THE GOOD
Financial Times: Summit Success Reflects a Different Global Landscape
They gave it to us straight.

“The London summit was not, after all, a flop,” begins the wrap-up from Financial Times editor Philip Stephens. He goes on to offer a cautious thumbs up, arguing that the G-20 represents a “substantial success,” largely due to “its unspoken recognition of the remaking of the geopolitical landscape.”

THE BAD
The Daily Beast: The Day Obama Fell to Earth
And if you thought the G-20 was lame, just wait for NATO.

President Obama may be lighting up the world stage, but The Daily Beast’s Andrew Neil notes that “the President did not get what, for him, was the original purpose of this G20 summit: a coordinated global fiscal stimulus.”

Read more

+3

American news coverage of Obama's trip has been entirely positive, but it doesn't appear to have done his stature with voters much good--so far, at least. Today's Rasmussen survey has Obama's "approval index"--the difference between those who strongly approve and strongly disapprove of his performance--at only +3, the lowest of his Presidency...

Obama Abroad

There is a growing impression across Europe that the Obama administration is inept and inefficient and increasingly poorly managed

From France to Poland, from the Czech Republic to China, many nations are rebuffing the president and offering little wiggle room for him to negotiate economic and security policies.

Obama faces his first major international test next week when the world's largest economies meet at the G20 summit in London.

Read the whole thing!

EU to US: You are on "The Road to Hell"

“The US Treasury secretary talks about permanent action and we, at our spring council, were quite alarmed at that . . . The US is repeating mistakes from the 1930s, such as wide-ranging stimuluses, protectionist tendencies and appeals, the Buy American campaign, and so on,” he told a European parliament session in Strasbourg. “All these steps, their combination and their permanency, are the road to hell.”

...Other leaders of EU member states, including Angela Merkel, Germany’s chancellor, disagree with US calls for big fiscal stimuli to battle the recession. But they have couched their opposition in more diplomatic language than Mr Topolanek’s.

The Czech leader was speaking eight days before Mr Obama was due to arrive in London for a G20 summit of the world’s developed and emerging economies.

Read the whole thing!