Monday, November 17, 2008

Real News Video: G20 summit 'punts' till April

G20 leaders have a nice dinner, but do not deal with how to make financial institutions serve the public

COMMENT: Notice the toast by the Saudi despot, who was brought into the meeting simply as a walking ATM.




"Following the wrap of the G-20 summit, The Real News Network spoke to Prof. Leo Panitch, and economist, Doug Henwood about what was proposed at the meeting and what was accomplished. Henwood says its very difficult to imagine these varied countries coming together and ceding sovergnity to an international economic body.Panitch says its time to democratize the finacial system while they're on their back heels."

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