Log in

View Full Version : Should the global banking be refomed?



RSS News
15th October 2008, 22:50
European leaders are calling for major reform to the global banking system. Will this prevent a future financial crisis?

(Feed provided by BBC News | Have your Say (http://news.bbc.co.uk/go/rss/-/2/hi/talking_point/default.stm))

cyu
16th October 2008, 19:41
Not if the people doing the "reforming" are pro-capitalist :tt2:

BraneMatter
16th October 2008, 20:35
European leaders are calling for major reform to the global banking system. Will this prevent a future financial crisis?

(Feed provided by BBC News | Have your Say (http://news.bbc.co.uk/go/rss/-/2/hi/talking_point/default.stm))

Sarkozy (France) and Barroso (Portugal) both called for reform of the international market system today at the European Council meeting in Brussels.

Barroso said the new economy should be based on the European "social" model where you have a market economy with rules and "social inclusion." Rather than talk directly about socialism, Barroso said, they talk about "reform" and a "social" economic model.

Now, all you need to do is get the dumb-assed Americans to get with the program! Hey, at least they are talking about "social inclusion," even if it does upset Joe the Plumber.

HERE (http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&tID=5&src=atom&atom=todays_events.xml&products_id=281818-1) is a link to the conference, click on the Flash Player for the video, and move the slider to the 23 minute mark for Sarkozy's and Barroso's response to a reporter's question about a reshaping of the capitalist world market economy and the end of neo-liberalism and American empire.

Post-Something
16th October 2008, 20:43
Haha, I never knew that Newsbot could ask questions like that.

BraneMatter
16th October 2008, 20:49
Haha, I never knew that Newsbot could ask questions like that.

At least the end of neoliberalism and American empire was mentioned, along with "social inclusion."

About as much as can be expected, I suppose.

Now you just need to get the stupid American neo-liberals to get with the program! Good luck with Bush (lol). They might be able to talk to Obama, but McCain, forget it!