Unusual & Exigent Missing Links

I'm Against It & I Always Get My Man
Grouch Marx in "Horsefeathers" ~ 1932

OCTOBER 1:

Leaders and economists from Western Europe to East Asia Tuesday urged the United States to go beyond reviving a failed domestic bailout and start working on a new global financial system. Associated Press Traders at MICEX, the Moscow Interbank Currency Exchange, watch and wait during a tense session in Moscow on Tuesday when stock indexes sank despite a two-hour trading halt.

"The Americans don't have a choice — they must absolutely have a global plan," Christian Noyer, head of the French central bank, said in Paris.

David Smick, a global strategist and author of "The World Is Curved: Hidden Dangers of the Global Economy," said the next U.S. president should immediately call for a second "Bretton Woods" conference to devise a new doctrine of international finance.

Preparing to rebuild the international economic system as World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, United States, for the United Nations Monetary and Financial Conference. The delegates deliberated upon and signed the Bretton Woods Agreements during the first three weeks of July 1944.

Setting up a system of rules, institutions, and procedures to regulate the international monetary system, the planners at Bretton Woods established the International Bank for Reconstruction and Development (IBRD) (now one of five institutions in the World Bank Group) and the International Monetary Fund (IMF). These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement.

All your pie are belong to them

TODAY: Bush calls International Emergency Finance Summit

Towards a new economic world order

We will look back on the banking crisis of September 2008 as a defining moment for economic globalization

Peter Mandelson, European Union Commissioner for Trade, wrote the above linked article. Here are some edfying recent quotes of his:

We are seeing a huge reordering of the global economy and politics. Rising powers are reshaping the post war world and existing institutions like the WTO, like multilateral negotiations have to adapt to these new realities. We must all adapt

It would be better while operating on a country by country basis, we did so in a coordinated way and we brought a collective European view. We are all interlocked. We are in this together

And it's an international system in which not just the G7 or G8 and the OECD will be reaching out and inviting the so-called emerging economies in for a cup of tea

China is keeping a level head as a trusted partner

[globalisation] is the biggest eliminator of poverty and creator of opportunity the world has ever seen

We have nothing to gain by shutting down financial globalisation. But the networks that make up globalisation will keep transmitting the shocks along with the benefits unless we take a tougher line with excessive risk and strengthen the multilateral instruments that govern the global financial system

China has always acted in an objective and responsible way through the use of its sovereign wealth

The globalization demands a new regulatory paradigm

In this difficult economic and political climate, it is transparency, openness, and cooperation that will help us weather the storm. The EU and China need to resist protectionism and forge a positive trade and investment agenda

Note: The picture at left comes from the World Bank site

UNESCO regional meeting opens in Isfahan

WTF is "World Evolutionary Humanism" & Why Should You Care?

Council of Europe and Alliance of Civilizations agree on future co-operation

Goldman Sachs Made More Than $100 Million on Fewer Days in Quarter

Goldman Sachs raises $10.5 billion for new fund

Neel Kashkari, the $700 Billion Man

Goldman Sachs Leads $12 Million Investment in Nimsoft

Nimsoft is a "network monitoring"company.....

Giant bank Goldman Sachs invests in ATS red-light camera operator

OK. I want you to stop a moment and ponder why GS obviously considers these things safe, good money making investments....

Goldman Sachs Downgrades Major Solar Stocks To "Sell"

Dick Fuld’s Vendetta Against Short-Sellers and Goldman Sachs

US financial bailout: It is rocket science

PUTIN: DUMP THE DOLLAR, TRADE IN RUBLES

Obama interviewed by Brokaw at private Goldman Sachs dinner last year

Obama's Brand of socialism was clearly telegraphed in that "debate"

The center of his economic universe is the budget of the federal government

Obama received endorsement of Marxist coalition

Naturally!

FATAH milks Iran and USA simultaneously

In a message to the State Department, President Bush declared, "I hereby certify that it is important to the national security interests of the United States to waive" the restrictions

Der Beatles ~ Komm Gib Mir Deine Hand

GRAMMY CRACKER: OBITUARY FOR A REPUBLIC