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November 16, 2008

G20 like Beltway as Bush resists specifics

The G20 developed and top-rung developing nations financial conference didn’t even have that much sound and fury so far, and probably still siginifies nothing.

President Bush is resisting a supersized International Monetary Fund, the pet dream of Gordon Brown. I’m sure continential members of the Eurozone aren’t so fond of Brown’s idea either, but are content to let Bush take the hit on it.

Yes, this conference will talk some vague goals, then set the date for another conference to work further toward those goals, which will … lather, rinse, and repeat.

Sounds like a “special commission” in DC, doesn’t it?

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