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Posts Tagged ‘G 20’

Obama strategy for G-20 in Ottawa: push Euro down, drive Renminbi up, attack Germany, and keep toxic derivatives in charge of the world economy

Posted by seumasach on June 26, 2010

Webster Tarpley,

25th June, 2010

With Obama’s letter to the G-20 countries released at the end of last week, the US strategy for the upcoming Ottawa summit is clear:  Obama will attempt to sabotage the meeting with a two-pronged attack designed to knock China and Germany off balance, and to prevent any urgent measures from being discussed which might roll back the exorbitant proliferation of derivatives, impose a Tobin tax on speculators, or regulate and restrain the hedge fund hyenas whose activities are ravaging the globe.

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