October 10, 2008

Why this weekend’s financial summit should be held at the UN

By admin

The financial crisis is about to be solved by seven people.  7.  And the IMF.  Yay.

Finance ministers from the G7 (I guess Russia is completely out of the picture now) will meet this weekend and into next week to sit around, pick their noses, maybe play a little backgammon and find new ways to screw their taxpayers.  It’s unlikely that they’ll find a solution to the financial crisis that is threatening to topple the global economy.

At least, a solution that will be palatable to everyone that lives on this planet.  There are (at least) 192 countries on this planet and only 7 will be able to dictate how the other 185 operate financially.  This is criminal.

We have to appreciate the massive implications of these meetings.  They’re not just getting together to glad-hand and swap photo ops.  They’re getting together to talk about our collective financial and economic well-being and yet we don’t have a say.

Ministers that represent governments that are on their way out.  Like Jim Flaherty of the Canadian Conservative Party.  This man should not be representing the will of Canadians unless the Conservatives actually win the election on Tuesday.

We need to rally quickly to clearly tell them, the media and make the rest of the world realizes what’s at stake.  We need to tell them that fate should not be left to these people.  They’ve ruined our economies to this point by giving all of the surpluses to corporations that redistribute wealth to the top 1 or 5% of the world and they certainly don’t have my vote when it comes to the solutions that we should be talking about.

Like expanding the depth and breadth and influence of co-ops.  Do you think that will be on their agendas?

Or continuing to distribute a percentage of wealth to the world’s most needy countries.

Or by simply letting Wall Street teeter and fall, much like the twin towers did 7 years ago.

It’s time we started demanding a new way and a new approach to the world’s economic structure.  This is our opportunity.

How do we start?