Subject: txt intl owg -
The realisation that the G20 is Europe’s Trojan horse struck me at the G20’s last summit in Pittsburgh a couple of weeks ago. The surroundings and atmosphere were strangely familiar. And then I understood; I was back in Brussels, and this was just a global version of a European Union summit.
The Europeans did not just set the tone at the G20 – they also dominate proceedings, since they are grossly over-represented.
While huge countries such as Brazil, China, India and the US are represented by one leader each, the Europeans managed to secure eight slots around the conference table for Britain, France, Germany, Italy, Spain, the Netherlands, the president of the European Commission and the president of the European Council.
Most of the key international civil servants present were also Europeans: Dominique Strauss-Kahn, head of the International Monetary Fund; Pascal Lamy of the World Trade Organisation; Mario Draghi of the Financial Stability Board... [snip]
And it was at the same G20 'summit' in Pittsburgh that any claims of paranoria were clearly countered, with Europe's IMF successfully acquiring new powers to 'monitor' national economic policies around the world...
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Surrendering U.S. Sovereignty at G-20 Summit
We are to subject our most basic national economic policies to the review of a group of nations that includes autocratic Russia, China and Saudi Arabia. Even though our gross domestic product is three times bigger than the second-largest economy (Japan) and equal to that of 13 of the G-20 nations combined, we are to sit politely by with our one vote and submit to the global consensus....
Thus, the world's most successful economy, ours — which is the only one that has produced reliable economic growth for three decades and has lifted real personal incomes almost every year — is going to subject itself to the burden of justifying its own economic policies in front of a global community of 20 nations, some of which do not even embrace free-market economies in the first place...
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