The G20 Meets

Every year the twenty nations with the largest economies get together. First there is a meeting of the twenty and then the eight biggest sit down for a mutual admiration show. For me it is all about the photo shoot and the phony jocularity between twenty kiss-ass leaders competing for the biggest smile. More comes out of the annual local Minot, North Dakota, best baby contest than this expensive round up of ego maniacs trying to out do one another in the popularity stakes. Of course the WAGS (wives and girlfriends) have their own show too. Sorry Mrs America, Michelle Obama, Miss France, third wife lucky for dwarf Nicholas Sarkozy, Carla Bruni, is far hotter looking than you! From what I saw, you wouldn’t make third runner-up.

Midget Treasury Secretary, Tim Geithner looked like a stuttering sophomore high school student making his maiden speech in front of class, addressing all the heavies of the world. And what a bag of hot air he was! What I don’t get is this: If China now calls all the shots and they are indeed the only nation doing everything right steering its economy through the recession, then if that truly is the case, why don’t we copy their model? We suck up to them in every way, and how better to make true friends with them, than to mirror exactly what they do here in America. After all imitation is the greatest form of flattery.

The show must cost tens of millions of dollars organizing and getting everyone together. It wouldn’t surprise me if the roadshow consisted of a couple of thousand bureaucrats supporting their twenty bosses. How can all these deadbeats repeat the same nonsense year after year? Forget free trade, there is no such thing as fair trade anymore. And forget aid too. Helping poor nations never sees any trickle down effect. It just passes more money into the hands of corrupt leaders. Post-Soviet era diplomacy has only handed credibility to our true enemies; China, Russia and India and make America look like dumb fools. We have to rid ourselves of the notion that our future lies in reducing ourselves to third world status is the solution to the world’s ills. Wall Street has done a great job over the last twenty-five years, ably assisted by every administration during this time at undermining the moral and economic fiber of the greatest nation on earth. Wake up President Obama et al; give us some President FDR treatment, we need it!

Consumer spending is still in the toilet and if unemployment were accurately measured the percentage out of work and likely never to find jobs within the next five years would be closer to 20%. Ben readily conceded unemployment is the price we have to pay for the financial meltdown of 2008 for many years to come. This intellectual snob has become a bore with his constant doublespeak gibberish filled answers to serious questions. He thinks the economy is all about interest rates, housing and the stock market. He is nothing but a pawn of Wall Street whose intent in my opinion is to turn all but 30,000 greedy Americans who hold 6% of America’s total wealth (the other 94% is funded by debt) into an underclass. In other words, make America resemble China and India as soon as possible.

The problem is starting with economist Lord Keynes in the thirties, we have allowed economics from a branch of accounting to become nonsensical science which not even the academics can understand. This has allowed Wall Street to pull wool over Washington’s eyes, with the result is every day we are hit with gobbledygook reports that contradict the reports published just the day before. This enables wild swings on the share market which allows the cowboys on Wall Street to make $billions out of hot air everyday, mostly at our expense! If we thought more about bricks and mortar and less about one-sided gambling, this economy would be creating jobs right now. The banks are behind (and many own the gamblers) the shenanigans of Wall Street instead of lending to businesses who can create the jobs. And the sickening part is Bernanke is their ally.

The Dalai Lama represents a flock of about 80,000 Buddhists who joined him in India after he was exiled from Tibet in 1959. As yoga became fashionable as an exercise regimen with baby boomers, all of a sudden this monk who dresses in Gucci sandals became equally as fashionable. For my money looking at his local disciples it is living proof that pot smoking definitely fries the brain. No amount of yoga and meditation will replace the lost/damaged brain cells for those now seeking solace by clinging onto the Dalai Lama bullshit.

This man should find another planet to live on. Every time I have heard him speak, it’s double-speak. In India he is openly anti-homosexual but when it comes to America, he is not. He is anti-nuclear outside of India, but supports India’s stance when he is back “home” as their guest. The way his heir is chosen makes his religion even more insane than Islam. I have difficulty understanding the reality of reincarnation, if there is such a deal, but this Dalai Lama nonsense takes it to a new level.

In spite of, I was very happy about one thing; his visit with President Obama pissed China off. If China had their way with India, the monk would be extradited back to China, a quick trial would take place, he would be found guilty and then he would be executed! While I think the Dalai Lama serves no useful purpose on this earth, I am a believer that all people should have the right to follow any religion they want, so long as that religion does not condone the killing of others whose beliefs are different. At least Buddhism in a weird way does promote peace, harmony and love. By contrast, non-religious China, since 1949 has the worst human rights on record.