Tag Archives: G-20

Black Clad Men And Women In Toronto

My daughter is named after the famous feminist anarchist Emma Goldman, I was once patted on the head by the great radical Elizabeth Gurley Flynn, and I never crossed a picket line in my life, but actions of black clad men and women in Toronto leave me in a state of wonder and confusion. OK, they are anti-capitalist, they are anti-police, they are anti-big business. I got that part. They enjoy throwing rocks through the windows of banks or government offices or stores owned by large companies, I got that part. They believe the world is run by male chauvinist guys(were Margaret Thatcher or Angela Merkel males?) and they want something different. That’s where they lose me. Exactly, what DO they want?

The world of 1848 that Marx described is long since gone. The world of 1914 is long since gone. Heck, capitalism of 1949 no longer exists anymore than world economics of that era is possible. These are people lacking ideas other than, “I’m against.” Their cliches lack any connection to the world of 2010.

European Union Leader Blasts Obama Economics

The European Union has not been overly enthusiastic about economic plans advocated by President Obama to deal with the economic crisis. A top political leader, Czech Republic Prime Minister Mirek Topolanek, whose nation holds the presidency of the EU slammed the Obama stimulus package as a “way to hell” and warned that it would undermine the stability of the world economic structure. Most European leaders favor tighter financial regulation and do not support huge stimulus packages to jump start economies. The upcoming meeting of leaders of the Group of 20 might well be rather hectic.

It is doubtful if the Czech leader is among the world’s leading authorities on how to deal with economic issues. But, there apparently is a rather stark difference between the European emphasis on regulation versus the Obama drive to have a stimulus package that will send American debt to a new high. In a sense, both views will eventually be proven correct or not. Hopefully, the rest of us can survive if either one is wrong.