Obama shifts location of G-8 summit from hometown of Chicago to his Camp David retreat

Washington Post
March 6, 2012

WASHINGTON — The White House abruptly announced Monday that it had scuttled plans to hold the upcoming G-8 economic summit in Chicago, and would instead host world leaders at the presidential retreat at Camp David in Maryland.

It was an unusually late location change for a large and highly scripted international summit and came with little explanation from the White House. Chicago Mayor Rahm Emanuel — the former White House chief of staff who personally lobbied President Barack Obama to hold the summit in Chicago — was informed only hours before the official announcement.

White House national security spokesman Tommy Vietor simply said that Camp David, the rustic retreat in the mountains of Maryland, was a setting that would allow for more intimate discussions among the G-8 leaders. He said security and the possibility of protests were not factors in the decision, noting that Obama would still host the NATO summit in his hometown of Chicago from May 20-21.

The White House said the G-8 summit would take place May 18-19.

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Global 'Robin Hood' Tax Idea to Be Pushed at G-20 Summit

President Barack Obama walks past South Korean honor guard members as he arrives to attend the G-20 Summit in Seoul, South Korea, Wednesday, Nov. 10, 2010. (AP)

FOXNews.com

 

As President Obama huddles with world leaders for the G-20 summit in South Korea to weigh proposals aimed at stabilizing the global economy ,one idea being pushed is a so-called "Robin Hood tax," aimed at collecting money from rich nations to give to the poor.

The Robin Hood tax -- a global financial transaction fee that could raise hundreds of billions of dollars to pay the cost of the global financial crisis and support developing nations struggling to recover -- is not popular.

While Britain, France and Germany have championed a bank tax for all G-20 nations, finance chiefs from the industrialized nations shot down the idea at a previous summit held in Toronto last summer. 

Still, the tax's supporters, which include unions, environmental groups, Comic Relief, UNICEF and others in a multinational coalition, say the tax could go to canceling debt from poor nations. Or it could be used for social programs to fight hunger, diseases such as HIV/AIDS and malaria or other causes, programs to which the United States and other nations already donate billions.

The crusaders -- a coalition of 183 organizations from 42 countries -- issued a plea this week urging leaders at the G-20 summit in South Korea to adopt the measure. While specifics have not been outlined, the idea would be to charge a small transaction fee, anywhere from 0.05 percent to 1 percent, on each stock transaction made. 

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Currency Disputes Hang Over G-20 Summit

Published November 10, 2010

AP

Nov. 10: President Obama arrives to attend the G-20 Summit in Seoul, South Korea.

Associated Press

YOKOHAMA, Japan -- Intensifying friction over currencies and trade loomed Wednesday as leaders of major economies converged on Asia for back-to-back summits aimed at safeguarding the still fragile global recovery.

President Barack Obama and other top leaders were arriving in Seoul, South Korea, for a two-day Group of 20 summit with the ambitious agenda of remaking the world economy to nurture stable growth and prevent a repeat of the financial meltdown in 2008.

But that gathering, and a weekend summit of Pacific Rim leaders in the Japanese port city of Yokohama, are taking place as those nations struggle to reconcile conflicting strategies for achieving those aims.

G-20 officials -- whose countries comprise 85 percent of all economic activity -- have pledged not to use their currencies as trade weapons. But tensions reignited last week when the U.S. Federal Reserve announced a $600 billion bond

 buying plan that angered many trading partners.

Obama, wrapping up a brief visit to Indonesia after touring India, defended the Fed's move as a way to hasten a narrowing of huge gaps in trade and investment by engineering a weaker U.S. dollar -- thus putting pressure on countries with large trade and foreign exchange surpluses.

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The Globalist Plan for a World Currency - WE'RE HIT!!! RADIO With Mark Matheny mathenyahu

WE'RE HIT!!! RADIO/ BLOGTALK RADIO September 24, 2010

Mark Matheny discusses a recent document from the International Monetary Fund calling for a global currency. See my article at Infowars.com : http://www.infowars.com/the-globalists-plan-for-a-coming-world-currency/

http://www.blogtalkradio.com/mark-mat...
http://werehit.blogspot.com
http://werhit-mathenyahu.blogspot.com

Police State 4: The Rise of FEMA.WE'RE HIT TELEVISION G 20 summit - Interview with a Patriot

WE'RE HIT !!! TELEVISION


August 12, 2010

Mark Matheny interviews Bret, a Patriot at the 2009 G 20 Summit meeting, who also appears in Alex Jones' new documentary - "Police State 4: The Rise of FEMA".

Obama Says G-20 Produced Important Progress

U.S. President Barack Obama fields questions during a news conference on Sunday afternoon.

Published June 27, 2010
Associated Press

President Barack Obama on Sunday welcomed an international commitment for rich countries to slash their deficits in half by 2013, despite his earlier warnings against halting stimulus spending too abruptly.


"We can't all rush to the exits at the same time," Obama told a news conference at the conclusion of a summit of the 20 major industrial and developing economies.

Obama also issued a warning to North Korea, saying its alleged sinking of a South Korean warship was "belligerent behavior that is unacceptable" to the international community.

"It is absolutely critical for the international community to rally behind" South Korean President Lee Myung-bak, Obama said.

Obama spoke after G-20 leaders issued a statement calling for "advanced" nations to halve their budget deficits -- as a proportion of gross domestic product growth -- by 2013, and to put their annual deficits on either a lower or a more stable basis by 2016.

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