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George Bush to host weekend summit
Karachi News.Net
Friday 14th November, 2008
President George W. Bush will be the host this weekend for the first-ever leaders' summit of the Group of 20, which includes not only the world's wealthiest nations but also major developing countries such as Russia, China, Brazil and India.
The talks will only go until Saturday, but will hear Bush defending his administration's response to the financial crisis.
During a speech in New York, the president said: 'I'm a market-oriented guy, but not when I'm faced with the prospect of a global meltdown.'
President Bush has put forward to the G20 a list of modest reform proposals including making accounting rules more transparent.
Treasury Secretary Henry Paulson has said he would like the meeting to address some important issues raised by the crisis, such as how credit-rating agencies failed to properly assess risks and how to develop better ways to monitor complex financial instruments known as derivatives.
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Comments on this story
kawahchan
11-14-08, 10:24 AM |
George Bush to host weekend summit
George W. Bush gesticulates profusely to G20 again ? Especially he is not that good. George, you have too much fantasies !! Actually Republican Party thinks Bush does not need to instigate his global financial tsunami “before” Nov. 4th the US Presidential Election, if he is too bored, he can spend sometime to start packing up things to Crawford, Texas; getting ready to move out from White House. Now we have to live with the black Marxism administration next 4 years.
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Sammy
11-14-08, 12:59 PM |
Let us not pin labels
Give the man a chance to prove himself, and let us see what he does.
I believe it is about time that America woke up and chose a man who will break the color barrier, already some foreign uncultured leaders who have been the cronies of the bush administration are making wise-cracks about this man’s color of his skin, but then we can expect this of the fascists, racists cronies of the bush administration.
Let us do not forget that America is founded on equality, and justice for all, and there is no prejudice of a man’s skin color, race creed or national origin, and I believe that Mr. Obama is trying to prove this to all of us, so in the spirit of America, this man should be given an equal chance to prove himselves in the eyes of the world, that America is a melting pot, and we are all equal, and there is no room for racists, and fascists, I say good riddance to these bullies who have bullied for 16 years.
Sammy
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