"working groups" meet fairly regularly, but it is only
when high government officials gather that G20 meetings receive
much publicity. The heads of state of twenty-three of the world’s
largest economies will attend the London meeting. Obama is already
news verbiage about the G20 meeting usually goes something like
this: "The agenda is vitally important to the economic recovery
of the world’s business and trading community." Here’s another
snippet (and snippets are about all you get): "It is now up
to the IMF to determine how much additional support the world economy
would need next year." With that comment, you’re supposed to
think of the IMF as a big brother there to make everything right.
Finally, here’s one designed to scare people into accepting G20
actions: "With economic peril spreading around the globe…"
German Chancellor Angela Merkel and Russian President Dmitry Medvedev,
after a preliminary meeting in Berlin, called for a modernization
of the architecture of international financial markets. Medvedev
favors the creation of a modern foreign currency architecture.
Haynes [send him mail] is a
gold dealer in Phoenix, Arizona, who once thought he was a conservative,
but now knows "after being introduced to LewRockwell.com"
that he was a libertarian all along.