• 30 Jan 2009 at 4:48 PM

Make Way For The Overseer!

Germany and Britain called on Friday for a global economic watchdog with strengthened powers to prevent rather than react to financial crises that can spiral into worldwide recession.
Cooperation amongst international financial institutions has failed to ward off the worst financial crisis in decades and a new charter should be forged, German Chancellor Angela Merkel told the World Economic Forum in this Swiss ski resort.
“This may even lead to a U.N. Economic Council, just as the Security Council was created after the Second World War,” she said.

Will Russia and China get a veto?
Germany, UK urge global economic overseer [Reuters]

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Comments (13)

  1. Posted by guest | January 30, 2009 at 4:52 PM

    End times.
    -Eleventh Chapter

  2. Posted by redpandot | January 30, 2009 at 4:52 PM

    all yur bases belong to us

  3. Posted by guest | January 30, 2009 at 4:53 PM

    End times.
    -Eleventh chapter

  4. Posted by guest | January 30, 2009 at 4:55 PM

    is this hope and change?

  5. Posted by Anal_yst | January 30, 2009 at 4:55 PM

    Great tag, EP

  6. Posted by guest | January 30, 2009 at 4:59 PM

    Blast! A double post! Me -> Chump.
    -Eleventh chapter

  7. Posted by guest | January 30, 2009 at 5:01 PM

    Yo Dealbreaker finance dudes – maybe you should be a little less superficial lest you wind up marrying this:
    http://gawker.com/5141956/dawn-spinner-davis-daba-girl-and-sad-symbol-of-our-times
    though maybe even when times are bad you like being with soulless golddiggers!

  8. Posted by guest | January 30, 2009 at 5:24 PM

    WW3 is on its way.
    It always starts with a bad economy. That leads to social unrest and ultimately political upheaval.
    Springtime 2010, mark my words. The Huns will roll into Poland. When times are good we all get along. When it gets bad our true nature is exposed.
    A good war will help get the economy on track and by 2012 if we are still alive I say the DJI market has a good chance of being at 12,000.

  9. Posted by Lowly Assistant | January 30, 2009 at 5:31 PM

    Yeah, because the U.N. is known for its productivity, while flexing an uncanny ability to thwart all problematic issues.

  10. Posted by guest | January 30, 2009 at 5:38 PM
  11. Posted by guest | January 30, 2009 at 10:16 PM

    This is more exciting than monitoring Maria Bartiromo’s supposed-collagen injections (those lips can’t be natural)

  12. Posted by guest | January 31, 2009 at 6:50 PM

    Oh well, Ali, Ben @ Hank were not enough to slam the car against the wall now we need United Slammers…Perhaps Gordon Brown would qualify as the new FUN (Financial United Nations) Secretary General with his ineptitude he would certainly qualify.

  13. Posted by guest | January 31, 2009 at 6:52 PM

    @ 8 Well observed, every 33 years war in the first quartile…worked at least since 1861.

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