Wednesday, July 08, 2009

The G8 Conference - More Pretty Pictures For The Photo Album

I take every opportunity I can to mock these types of meetings. We have remarked quite a few times on prior G8 and G20 meetings as worthless photo-ops. Bureaucrats get together and talk themselves into a state of stupor. So, the dollar-is-going-to-zero crowd was foaming at the mouth that China and other nations supposedly put the topic of a new reserve currency on the G8 agenda. Well, that was fun. It didn't make the agenda. Maybe they can wish for next time.

Can someone please explain to me in concise terms how a handful of bureaucrats, keepers of the status quo that created this crisis, are going to solve the problems facing hundreds of millions, if not billions of people? Maybe wave a magic wand? How is Hu Jintao going to make my life better? Actually, he left the conference because he is needed at home to quell the uprisings of people yearning for freedom and the subsequent state-sponsored killings taking place in China.

Say cheese......
posted by TimingLogic at 11:04 AM