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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 06:32 PM
Original message
Obama's response to question about G20 protest was perfect
Q: Thank you, Mr. President. Let me ask you, while we were inside this very safe and secure and beautiful convention center, some 5,000 at least demonstrators were on the outside. Some caused some property damage; others just shouted their messages, much of which had to do that while you believe the G20 summit was a success and represents a positive sign, they see it as something devilish and destructive of the world economy, and particularly the economy of the poor. What's your response to those who are demonstrating and those who oppose this summit?

THE PRESIDENT: Well, first of all, I think it's important just to keep things in perspective for the people of Pittsburgh. If you have looked at any of the other summits that took place, I mean, in London you had hundreds of thousands of people on the streets. In most of these summits, there has been a much more tumultuous response. And I think the mayor and the county executive and all the people of Pittsburgh deserve extraordinary credit for having managed what is a very tranquil G20 summit.

You know, I think that many of the protests are just directed generically at capitalism. And they object to the existing global financial system. They object to free markets. One of the great things about the United States is, is that you can speak your mind and you can protest; that's part of our tradition. But I fundamentally disagree with their view that the free market is the source of all ills.


Ironically, if they had been paying attention to what was taking place inside the summit itself, what they would have heard was a strong recognition from the most diverse collection of leaders in history that it is important to make sure that the market is working for ordinary people; that government has a role in regulating the market in ways that don't cause the kinds of crises that we've just been living through; that our emphasis has to be on more balanced growth, and that includes making sure that growth is bottom up, that workers, ordinary people, are able to pay their bills, get -- make a decent living, send their children to college; and that the more that we focus on how the least of these are doing, the better off all of us are going to be. That principle was embodied in the communiqu? that was issued.

And so I would recommend those who are out there protesting, if they're actually interested in knowing what was taking place here, to read the communiqu? that was issued.

Laurent Lozano. Is Laurent here? There he is.

link


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Raine Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 06:36 PM
Response to Original message
1. Agree
I thought his response was just perfect. :thumbsup:
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 06:38 PM
Response to Original message
2. I stood up and cheered.
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David__77 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 06:39 PM
Response to Original message
3. His defense of "free markets" is unwarranted.
But he could have said worse.
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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:36 PM
Response to Reply #3
6. It is actually revolting and ignorant!
Obama has no clue how much suffering the WTO and IMF have caused in the Third World, or he knows and doesn't give a shit.
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Baltoman991 Donating Member (869 posts) Send PM | Profile | Ignore Fri Sep-25-09 07:41 PM
Response to Reply #6
7. Wah Wah
I want my pony and I want it now.

Nothing the man does will be good enough for you so why not just register to vote for the right in 2012. I'm sure then you're whiney ass will get everything you "liberal" heart desires.
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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:45 PM
Response to Reply #7
10. Don't be so ignorant!
Take the time and trouble to educate yourself about what the IMF and WTO have done to people in this world, and I don't mean investors.
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Baltoman991 Donating Member (869 posts) Send PM | Profile | Ignore Fri Sep-25-09 07:50 PM
Response to Reply #10
11. So now
when one doesn't agree with your they're ignorant and uneducated?

Yeah, ok, no problem. Sorry, I know all I need to know and I know the answer Obama gave was appropriate. Because you choose to slam the man at every turn is of no concern to me.

Again I say, vote for someone else in 2012, should they win I'm sure all your worries will be gone.
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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 08:00 PM
Response to Reply #11
15. IMF To Third World: Your Money or Your Life!
IMF To Third World: Your Money or Your Life!
by John Maxwell

This article originally appeared in Jamaica Observer.


“We should default, divert the interest payments from Cayman and Zurich to the Consolidated Fund and start making ourselves economically autonomous.”

Like an eighteenth century highwayman the world financial system has leveled a gun at Jamaica's head and told us to "Stand and Deliver" – “hand over your valuables or else!”

The Fitch Ratings Agency has told the government: Accept whatever conditionalities the IMF imposes or we will make it impossible for you to borrow money and you will default on your debts.

Since there is no Chapter 11 bankruptcy protection for countries it is my view and has been for years that we should default, divert the interest payments from Cayman and Zurich to the Consolidated Fund and start making ourselves economically autonomous. At a stroke we could double or triple the money available for government expenditure.

What will the usurers do? Seize Kings House?

In the old uncensored versions of the highwayman stories, the first bandit stops the stage coach, instructs the women to tie up the men and then each other. Then, at his leisure, he and his band would go through everyone's pockets and purses. In the old tales sometimes the highwayman would ride off with his loot, leaving his victims helpless until a second highwayman – a confederate – would come upon the scene and “realizing” there was no loot to be had, would avail himself of the pleasures offered by the helpless women and girls while their husbands or brothers or fathers watched, helpless to intervene.

“The criminal consequences of globalization are beginning to be felt.”

Something very like that is now happening in Haiti and will soon begin to happen here. The criminal consequences of globalization are beginning to be feltand not the least of them is loss of autonomy and sovereignty, the enslavement of the economy and the expropriation of the country's wealth.

Over the last forty years the decolonization of Empires has left hundreds of millions of people exposed to new, sophisticated buccaneers and freebooters, sporting Thatcher/Reagan/Ayn Rand letters of marque, giving them the authority to loot and plunder using techniques which would have astonished Sir Henry Morgan, Blackbeard and Lollonais, not to mention King Leopold of Belgium, Sir Basil Zaharoff and even J.P. Morgan and John D Rockefeller.

In one of the strange paradoxes of capitalist development it is the most resource-rich of the former colonies that are the deepest in misery. Africa, particularly Nigeria, the Congo, Angola and South Africa are producing rivers of wealth for a few people in Zurich, New York and London. As in Brazil, Mexico, Venezuela, Bolivia and Colombia, and as in Iraq, Saudi Arabia and that neighborhood, the native populations watch open-mouthed as learned theoreticians attempt to develop theories to explain their poverty and misery as money is exported by the tanker load from their countries and sympathetic statesmen confide that, next year, or the year after, they will be in a position to help with a little alms. The World Bank says it is dedicated to eradicating poverty and the IMF is supposedly a collaborator in that effort. Yet, it seems fairly clear that Third World poverty will end only when Third World resources are exhausted and the globalizers go home, sometime late in the next millennium.

As Fidel Castro pointed out to the Group of 77 summit in Havana in 2000:

"Economic failure is evident. Under the neoliberal policies, the world experienced a global growth between 1975 and 1998 which hardly amounted to half of that attained between 1945 and 1975 with Keynesian market policies and the state's active participation in the economy."

http://www.blackagendareport.com/?q=content/imf-third-world-your-money-or-your-life
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 08:12 PM
Response to Reply #15
17. What the hell do you know about the Jamaican government?
The former government left the country in good standing. Now the current government has overspent and the country is strapped for money. There is corruption all over.





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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:54 PM
Response to Reply #6
12. "Obama has no clue how much suffering..." You think your whining is doing more for the Third World
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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:55 PM
Response to Reply #12
13. Only a well fed American would refer to the suffering of millions as whining
How's your stocks doing?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:57 PM
Response to Reply #13
14. Your whining doesn't represent the suffering of millions, it's plain-old lame assed whining. n/t
Edited on Fri Sep-25-09 07:57 PM by ProSense
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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 08:04 PM
Response to Reply #14
16. There is the whiff of the parasitic investor class in the air...
Edited on Fri Sep-25-09 08:14 PM by IndianaGreen
The wealth of the First World is made on the backs of the Third World.



Sep 25 2009
Protesters: Police triggered mayhem
5:26 pm

From Paula Ward, David Templeton and Rich Lord


Some of the protesters arrested yesterday said today that police overreaction caused much of the mayhem that bled from the afternoon into the night in Lawrenceville, Bloomfield, Shadyside and Oakland.

Ryan Beaupit, a 17-year-old Pitt freshman, said he was just trying to get away from advancing riot police and was in the wrong place at the wrong time. He said he was sprayed with some kind of gas and wrestled to the ground around 11: 45 p.m. He has a gash near his knee, marks on his back and other mild injuries.

He was arrested when police caught him in a stairwell leading up to the pedestrian bridge crossing above Forbes Avenue.

"I think the police overreacted," he said, adding they also "made rude comments to me" and threatened him with jail if they caught him again.

"It's not something I want to experience again."

Similarly, Josh Berman, an 18-year-old Pitt Freshman, said he was trying to obey an order to disperse, but found tear gas behind him and police coming from both sides. He pulled on a bandana and goggles to protect himself from gas, which seemed to earn him the ire of the police.

http://community.post-gazette.com/blogs/bigstory/default.aspx
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 08:18 PM
Response to Reply #16
18. No, what you're smelling is stale theories from the purist class who have no clue
what governing entails.

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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 08:20 PM
Response to Reply #18
19. Capitalism is such a wonderful system to you, isn't it?
Michael Moore says otherwise.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 08:27 PM
Response to Reply #19
20. "Michael Moore says otherwise" What? n/t
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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 06:41 PM
Response to Original message
4. Brilliant..a little bit of a new
ballgame.

"Ironically, if they had been paying attention to what was taking place inside the summit itself, what they would have heard was a strong recognition from the most diverse collection of leaders in history that it is important to make sure that the market is working for ordinary people; that government has a role in regulating the market in ways that don't cause the kinds of crises that we've just been living through; that our emphasis has to be on more balanced growth, and that includes making sure that growth is bottom up, that workers, ordinary people, are able to pay their bills, get -- make a decent living, send their children to college; and that the more that we focus on how the least of these are doing, the better off all of us are going to be. That principle was embodied in the communique? that was issued."
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:34 PM
Response to Original message
5. Yes, well said. nt
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RJDem Donating Member (61 posts) Send PM | Profile | Ignore Fri Sep-25-09 07:43 PM
Response to Original message
8. He just doesn't get it....
The problem is ordinary people AREN'T able to make a decent living, pay their bills and send their children to college. Someone needs to tell him about the record unemployment and foreclosures going on, in large part, because of the so called "free market" that allows wall street to risk it all, only to be bailed out by putting in on the tax payers credit card when they fail, while they STILL suck up million dollar bonuses.

I wonder if he would still "fundamentally disagree" with the protesters if he was paying $2000 a month for a family of 4 for health insurance so fat cat health insurance companies could pay their exectutives millions a year, or he was having his house foreclosed on because wall street, the banks, and real estate companies colluded to make a killing on the housing market at the tax payers expense. Heads they win, tails you lose.

Speaking of "ironically", his pay "czar" said today that the government would NOT regulate the pay of any of these folks associated with bailed out institutions.

New boss same as the old boss.
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SIMPLYB1980 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-25-09 07:45 PM
Response to Reply #8
9. LMAO!
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