The communique from last week’s G20 meeting proves that world leaders are determined to save the banks at the cost of ordinary people and future generations according to UK Guardian columnist, George Monbiot.
He lampooned the final communique summarising it as saying, “we will use every cent we don’t possess to rescue corporate capitalism from its contradictions and set the world economy back onto the path of unsustainable growth. We have already spent trillions of dollars of your money on bailing out the banks, so that they can be returned to their proper functions of fleecing the poor and wrecking the Earth’s living systems. Now we’re going to spend another $1.1 trillion.”
Oh – and we nearly forgot. We must do something about the environment. We don’t have any definite plans as yet, but we’ll think of something in due course.”