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Originally Posted by randolph
On top of everything else we are now going to spend $600 million dollars in Gaza to repair what the Israelis did! FuXXXXXed again!  
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Quote:
Originally Posted by TracyCoxx
WTH???
1. It's not our responsibility to magically solve all the world's problems.
2. The Palestinians brought the destruction on themselves by breaking the cease fire. They're responsible for their predicament.
3. Why can't the Palestinians make the repairs? If they can't afford to, what's the difference? We can't either!
Will the Obama administration please, for once, do something that makes sense?!
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I hate to break it to you both, but you'd better get used to MORE of this happening in the days, weeks, months and years to come, especially with Obama in office and the rest of the world -- especially socialists -- SO in love with him and feeling he's some sort of cult figure. Or as conservative columnist Michelle Malkin correctly notes, we now live in the age of a "savior based economy."
So what's next? A Global New Deal? Gee, guess who Europe and other poor countries 'round the world are gonna expect to pick up the tab for THIS one!
CNN
February 22, 2009
BERLIN, Germany (CNN) -- The world needs a "global New Deal" to haul it out of the economic crisis it faces, Prime Minister Gordon Brown of the United Kingdom said Sunday.
"We need a global New Deal -- a grand bargain between the countries and continents of this world -- so that the world economy can not only recover but... so the banking system can be based on... best principles," he said, referring to the 1930s American plan to fight the Great Depression. Brown was speaking as the leaders of Europe's biggest economies met to try to forge a common position on the global financial crisis ahead of a major summit in London in April.
French President Nicolas Sarkozy said the world's response to the global financial meltdown had to be profound and long-lasting, not just tinkering around the edges. "Europe wants to see an overhaul of the system. We all agree on that. We're not talking about superficial measures now or transitional measures -- we're talking about structural measure, which need to be taken," he said.
German Chancellor Angela Merkel, the host of the meeting,
urged nations of the world to work together to fight the problem. "Confidence can only be restored if people in our countries feel that we are pulling in the same direction and have understood that we really must learn lessons from this crisis," she said.
** Translation: America will pay for this!
And she proposed that
a new institution grow out of the crisis, "which will take on more responsibility for global [financial] mechanisms."
** Translation: But the EU will be in charge and America has to do what we say!
The Europeans say they have agreed international financial markets must be regulated more thoroughly. That also means stricter rules for hedge funds and credit-rating agencies. European and world leaders have been holding frequent summits as they struggle to cope with a financial crisis that has affected banks, homeowners, businesses and employees around the world.
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London will host a meeting of the Group of 20 nations in April. The G-20 includes the G-7 leading industrialized nations -- Canada, France, Germany, Italy, Japan, the United Kingdom and the United States -- as well as the world's largest developing economies: Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea and Turkey, plus the European Union. The managing director of the International Monetary Fund and the president of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings.