In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘The Brown Plan’

Gordon Brown seeking to win over US bankers with his ‘vision’ for global economy

Posted by seumasach on March 26, 2009

Brown continues his strutting and fretting on the world stage tirelessly pursuing the chimera of another century(or is it a thousand years) of Anglo-saxon world hegemony. Given that the game is up Brown has to be commended for his “never say die” attitude, However, said or unsaid, the empire is dead.

ITNT noted the split between Brown and King back in September 2008


25th March, 2009

The Prime Minister will be grilled by Wall Street figures at an event in New York on Wednesday, before meeting UN Secretary General Ban Ki-Moon.

The talks come on the second leg of his tour to lay the groundwork for next week’s crucial G20 summit in London.

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Germany and France reject Brown’s global economic recovery plan

Posted by seumasach on March 14, 2009

Reason has prevailed and most countries don’t want to channel every penny they have the way of a chosen banker elite. The plan’s other key element, the use of a recapitalised IMF to force through the policies of Washington and London also appears to have come to nothing:

Finance ministers and central bankers said the IMF’s resources should be increased “very substantially”, from their current level, to prevent developing countries suffering disproportionately from the credit squeeze; but they offered no immediate commitment to provide new funds.

Brown is a poor player and his one hour strutting and fretting on the global stage is now up. His plan is “a tale told by an idiot, full of sound and fury, signifying nothing”


14th March, 2009

Gordon Brown‘s hopes of uniting the world’s most powerful economies behind a massive new package of tax cuts and public spending increases were in ruins today after he failed to persuade France and Germany to back his plan to revive the world economy.

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G20 ministers meet amid rifts

Posted by seumasach on March 14, 2009

“The summit is also expected to call for an increase in funding for the International Monetary Fund (IMF).

However, Brazil, China, India and Russia said they would not contribute extra money until their voting power at the IMF rises. The IMF voting structure gives greater voting power to the US and Europe in the agency’s decisions.”

The BRIC alliance has emerged as a counterpole to US/UK hegemony and is here frustrating Brown’s plan to use the IMF to gain control of the global economy


14th March, 2009

Finance ministers and central bankers from the Group of 20 have met in London amid rifts on how to tackle the global financial crisis.

The US, supported by Britain, is calling for more government spending to spur growth. European governments, however, want rapid moves to change the rules governing financial markets in addition to massive public expenditure.

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The Brown plan for global oligarchy

Posted by seumasach on March 1, 2009


Here, New Labour mouthpiece, Will Hutton, gives a fairly comprehensive outline of the Brown plan, a “global new deal”. This involves using the UN. IMF, World Bank and EU to spearhead the kind of policies already put into the practice in the US/UK i.e. massive handouts to financier interests and the bankrupting of the nation state. Brown understands that reform is necessary within organisations like the IMF, UN etc. In other words, in order to maintain their credibility some other nations must be given a place in the inner circle. This not the kind of refoundation of global organisations we need for the new multipolar world.

“But now, more than ever, we need a stronger, free-trading EU with pan-EU financial regulation that speaks with one voice as a core constituent of a new order.”

This is a reference to already existing plans to create a huge trans-Atlantic free trade area. It is also in this context, and this alone , that we should understand Mandelsohn’s pro-Euro sentiment.

Will Hutton


1st March, 2009


This week, Gordon Brown becomes only the fifth British prime minister to address both American houses of Congress. He will speak against the background of the gravest economic times in living memory. Each of his listeners will know that, without massive American government support, both the US banking system and its car industry would now be bust. Instead of unemployment rising by a sickening 600,000 a month, it would be going up by more than a million.

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