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Europe and Japan turn cold shoulder to U.S. plea for bank bailouts
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Carter Dougherty and Matthew Saltmarsh
International Herald Tribune
September 25, 2008
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Europe and Japan on Monday turned a cold shoulder toward a U.S. request that they bail out banks in the manner now being proposed in the United States.
The German chancellor, Angela Merkel, also took the opportunity to sharply criticize the United States and Britain for opposing German attempts to put greater regulation, or at least reviews, of the financial sector on the international agenda last year, when she was chairing the Group of 7 industrialized nations.
“Everyone who produces a real product knows what it looks like and what standards it is up to,” said Merkel, who was traveling in Austria. “One also needs to know with a financial product what’s involved. Otherwise, these sorts of things happen that we then all have to pay for.”
Following an overnight conference call of finance ministries and central banks, the G-7 industrialized nations welcomed the U.S. bailout program Monday and pledged in a statement to “enhance international cooperation.” But the G-7 also indicated that countries were free to go their own way in grappling with what has become the worst financial crisis since the 1930s.
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September 25th, 2008 at 11:58 am
Here is bush’s speech from last night about the economy: http://mx.youtube.com/watch?v=YsDmPEeurfA
Basically, as i understand it….they want YOUR taxpayers’ dollars, so they can give it to the banks to stay open and keep….get this….lending to you. WOW! Talk about robbing you people. KY or Jelly!
They want your money so they can keep lending and you keep borrowing. They want you to live on credit….always behind. The bible says: “the borrower becomes slave to the lender”, and you shall lend but you shall NOT borrow.
Sounds like a spiritual issue to me.
They want to keep you people in debt so they can rule over you, and that my friend’s is how they rule you, through debt.
The first minute of his speech and i was like, this guy is a fucking joke. They want what? To do what with? And you know what, you dumb ass people will give it to them because you are too scared to live without your little meaningless toys. You people are working hard for nothing!
September 25th, 2008 at 11:59 am
there is a glimmer of hope that the financial crisis has actually made everyone wake up and smell the new world order/EU soviet coffee
small chance – because if these guys were completely in control Paulson would’ve gotten his signatures, and he didn’t
may the allied response find favor in the kingdom of heaven, because every vote counts
September 25th, 2008 at 11:59 am
Its the end of the US as we know it. Its the end of the us as we know it, and the NWO feels fine.
September 25th, 2008 at 12:00 pm
I am looking for like minded people who research all of these topics and have something to say. I am trying to put together a team of writers to write for http://www.TransparentAmerica.com.
Help me change the world. If your smart and you spend a a lot time researching the world today and yesterday and you have a little bit of journalism experience please contact me @ mjes421 (at) msn (dot) com.
Lets band together to educate the world along with Alex Jones.
Alex cant do it all on his own. He WANTS US to take his example and move on it not just and be scared in our boots. We gotta stop this now..Thanks
September 25th, 2008 at 12:02 pm
PROTEST! FIGHT! SOUNDS FUKIN CLICHE BUT FUKIN DO IT….I AM, SO SHOULD YOU…. GO OUT & TELL YOUR NEIGHBORS WHATS GOING ON…QUIT WORRYING ABOUT LOOKING CRAZY… YOU WILL APPEAR AS A PROPHET ONCE THEIR EYES ARE OPEN TO THE NEW GRIM REALITY! OUR GOV IS NOT OUR GOV ANYMORE! WE NEED TO TAKE IT BACK….THEY ARE GOING TO KILL US…KILL US…KILL US!!!!! FIGHT FOR YOU RIGHTS/YOUR LIFE!!! SHITS GOING DOWN PEOPLE!!! THIS AINT NO FUCKIN JOKE…I AINT TRYIN TO SCARE NOBODY BUT WE NEED FOLKS TO GET OFF THEY ASS AND DEMAND CONSTITUTIONAL RIGHTS BE RESPECTED!!!
September 25th, 2008 at 12:13 pm
The international bankers have swindled the American people and now they finally own essentially all of what was your property. This is the the last step. They will now move on to China and India on their quest for world domination. Behave or their administrators, the US Government will impose marshal law upon you.
September 25th, 2008 at 12:14 pm
these are our friends…. we can count on in a crisis , the euro sissies , but fear not for once there appeasement turns to invasion again they will come crawling to america for help , the only freedom they have they owe to us America and without us they are doomed to speaking russian or chinese because they have not the courage nor the army to protect that which they take the most for granted… freedom
September 25th, 2008 at 12:29 pm
The oblivion, long prophecied, but only recently begun now unfolds like a death blossom, and our supposed friends and allies shy away from us like we have the plague. In an economic sense, I suppose we do….
September 25th, 2008 at 12:29 pm
merkel was adolf hitler’s illegitimate daughter, a descendant of the Rothschild’s line. The Rothschilds and the Rockefellers are at war right now. The Rockefellers want more death immediately and the Rothschilds want to keep a pacified public to feast on.
September 25th, 2008 at 12:30 pm
Eat me
I think you will find that the UK and France have the 3rd and 4th biggest arsenal of nukes plus large and highly advanced general military. Plus we are better educated and smarter than you.
This is changing though as our cultures become more like yours!
Stop drinking the tap water………………….
September 25th, 2008 at 12:36 pm
This pretense at discord among interested parties is exactly what happened during the banker-manipulated Depression.
The point of teh charade is to give the world’s population teh idea that global uniformity re banking standards is contested matter, with the good on the side of uniformity and the bad on the side of soveriegn banking standards.
Peopel are so stupid, we’ll fall right into the role of backing the good guys, and we’ll make it even easier for the elite to bleed us dry before pushing us into our open graves.
September 25th, 2008 at 12:38 pm
EU money will be the next world currency
How do you think EU Money should be spent?
Europe will be in one hell of a depression If they help America with this problem
September 25th, 2008 at 1:07 pm
Oh come on This Just In, I don’t want to live that way. Very few Americans want to live that way. But, we are being forced into that kind of life by these elites. We can stop it, but the time is short. And I don’t think enough of the populace is aware enough to do what needs to be done. Between 75 to 89% of Americans don’t want this. Yet, somehow, the votes are there for our congresscritters to pass this with inpunity.
So, I’ll just say, if we really cared, we’d be rioting around Fed buildings, and government buildings in the downtowns of American cities. Riots that make the French riots look like tea parties.
And we’d let them know that not only would they be voted out of power in the next election, but that they would go to prison if they voted for it. Quite simply, this is theft, legalized theft of the taxpayer for the benefit of a few very wealthy men, and right now there is an option to send US taxpayer dollars out of the country to foreign institutions. This is treason. No more, no less.
We ought to let our congresscritters know. But I don’t even think most people know @ this point.
September 25th, 2008 at 1:28 pm
I remember an old Frontline T.V. episode about how a man stole 100 million dollars through his corrupt business practice in grocery stores.
The episode was called “How to steal 100 million dollars.” Or something like that.
Now they can make a better one called “How to steal 10 Trillion Dollars.”
I just heard they have reached agreement on amount and basically passed it.
Now they have to go feed it to G7 who crams it down the Europeans throat.
Friday will basically be worse than 9/11. Friday the entire world will be attacked by terrorist in charge of our countries. Since they do NOT wear any uniform other than a suit. They fit the definition of terrorists and thanks to their new laws we can lock them up indefinitely when we seize our police and military back.
Obviously since we are paying a penalty. We are not with them.
The Bankers have really outdone themselves again. This time they left us holding their bad notes as they exchange it for your money.
What a deal!! And no, you don’t even get to keep the homes you paid for.
After we pay them the money. They still own the property. And sell it to another person and keep that money too. Lucky Larry double bonus.
The poor family foreclosed on is homeless and adding to our problems. Obviously they have no job or else they would not have defaulted on loan.
The fact they lost their jobs and then their homes was the first sign something was seriously wrong. It was Game Over then.
But now it hits the bankers. Politicians to the rescue. No one losses on their side.
Maybe they meant “Either you are a terrorist, and with us. Or you are against us!!!”
September 25th, 2008 at 1:31 pm
Let the US sink. The reps keep saying that people should get by on their own and not rely on handouts from the government, and here they are begging for hanfouts from the international community. National welfare? Fucking hypocrites.
September 25th, 2008 at 1:34 pm
Did you know that an executive in Japan makes 11 X that of the worker at the same company? In Germany, it’s 10X that of the worker. BUt here in the USA, do you know what it is? 25 years ago when I graduated, executives made 20X that of the worker. Today, it’s 400X more than the worker! In ONE DAY, THESE EXEC’S MAKE MORE THAN A WORKER AT THE SAME COMPANY MAKES IN A WHOLE YEAR! NOT TO MENTION EUROPEANS GET 6 WEEKS paid vacation a year, while the US worker gets 1 or 2 weeks max. IS it any wonder that Germany and Japan have the strongest economies???
September 25th, 2008 at 2:41 pm
these are our friends…. we can count on in a crisis , the euro sissies , but fear not for once there appeasement turns to invasion again they will come crawling to america for help , the only freedom they have they owe to us America and without us they are doomed to speaking russian or chinese because they have not the courage nor the army to protect that which they take the most for granted… freedom
@eatme
i was born in germany and i’m still living in germany!
i grew up with the ideology that we germans are the shame of the world, because of the mistakes of our grandfathers!! i’ve been in the states and a lot of other countries and there is no place like the us! no other country in the world than yours proclaims so offensively that you are the greates country in the world! your country made many terrible mistakes in the past and my country made many terrible mistakes in the past. for example the spains wiped out an entire civilisation because of gold! the british punished the indians for centuries! and you dare to talk in way like you are standing on top of things?? that we are sissies and weak?? i can live with that and you know why? because you don’t know it any better!
when i vistied the states 4 years ago, i was shocked about the things that surrounds your everyday life! in germany i grew up for 10 years with an blackamerican family who lives right now in seattle,wa and here are just a couple of examples who shocked me when i paid that family a vist:
water (do you guys know that the kind of water that you’re taking your shower with is the same water that we use in our swimmingpools? it’s full of chlorid and fluorid, you guys don’t even smell that anymore!)
media (the last time i saw something like that was back in school at historystudies! if you still don’t get it……read german history between 1938-1945…and no…we weren’t at vacation at that time!!
)
military (army-navy-airforce commercials to show people how great your army is! i remember a commercial where a guy stood at a watchtower and a fly sat on his shoulder and then you could see some navy guys who shot a rocket from a warship, aiming at the fly on the guys shoulder! whoooo! i’m scared! in all the 28 years that i’m living in this country i saw 8 commercials for germanies troops! yes 8! i saw over 50 commercials in 4 weeks of us vacation!!! you’re getting drilled for your own doomday!)
racism (i know it’s a hot thing to talk about it but i won’t because i know that you know it’s still there! and please don’t gimme that, oh no there is absolutely no problems with foreign peoples in our country, or blacks, or asians, or the guys who we put in reservats and gave em casinos still hoping that they shut their mouths and hopefully not kicking your butts for invading for no reason their country and took everything away the had!)
i could go on with it no doubt about that! the thing is you should tidy up your own room before telling me that mine is dirty!
for everyone…..no one in europe or the rest of the world hates you americans your countrylandscape or the different types of cultures in every state of america! no one is envy because of the lifestyle that you live or the things that you got!
the people around the world hates the guys who work behind your goverment! the guys who makes a whole country go nuts! the whole world! the people are scared to death because of the things these guys are planning to do in the name of the us, not of your fucking army!
i know one guy who served at our airdefense and they had manoveurs and drills with your airforce and he says the only country who can beat us up in an airwar is russia! just to let you know that your army is great but by far not the greatest!
there are absolutely no hard feelings but it’s not ok to talk about other countries in the way you did! the problems, you’re facing right now, design my future! that’s why i’m scared! that’s why i’m telling everyone that it’s not the american people who want war! it’s your administration!
so all of you americans who are truly believe in the us constitution that your foundingfathers gave you, please don’t give up! fight fight fight!! don’t let people scare you!! stay focused and strong!
one world one problem one future!
September 25th, 2008 at 3:22 pm
Anyone know if Canada is helping?
September 25th, 2008 at 3:30 pm
WHEN AMERICA SINKS THE WEST WILL TO BECAUSE WE NEED AMERICA TO BALANCE CHINA AND RUSSIA ALTHOUGH THE US WILL NOW TURN INTO A BANANA REPUBLIC. 5 DAYS TO GO TO BLACK OCTOBER FOLKS THE MONTH OF RECESSIONS AND DEPRESSIONS . 5 DAYS UNTILL THE BEGINING OF THE END NOT JUST OF AMERICA BUT WORLD FREEDOM
September 25th, 2008 at 3:53 pm
I think that we should not bail out these fucking companies. I think that the economic policies we have need to be changed, all this bail out is going to do is stump the short term problem until it blows up into a HUGE problem. I think that America needs to stop outsourcing it’s jobs to all of the other countries. I think that we need to tax companies that move overseas higher and build up our own jobs in American and give companies that stay here tax breaks. Yeah this might hurt a lot of countries around the world’s economies because we import so much shit, but i belive that it would build up our own faster than anything, and when their economies sink, oh well we can extend the cold shoulder right back.
September 25th, 2008 at 4:48 pm
the dollar is going to be worth as much as a one loose leaf sheet of paper.
September 25th, 2008 at 6:06 pm
The usual people who started and ran the Money Bombs for both Ron Paul and I believe did for Alex Jones also, are now attempting to run one for a chosen third party candidate if they get enough signed up backers. Now that a candidate seems to have become the most preferred, I recommend going to this website………
http://www.thirdpartyticket.com/
It is called “Third Party Ticket”. This is the central point at this time, even though it was not known that it would be because of Dr. Paul’s Chuck Baldwin endorsement since it started last week, that will get anything as a group that is organized done. Go there and read about it and become part of it. Tnx.
Rhonda
September 25th, 2008 at 6:58 pm
We NEED to pass out the MoneyMasters.com DVD’s or tell people about the Federal Reserve. We have to get rid of the FED. The whole world needs to rid the Federal reserves. They control us and not U.S.A. but the whole world.
Notice something interesting: All the major counties that DONT have a federal reserve. IRAQ, IRAN, Russia (I think)
We need to get the word out. Contact your local tv station like PBS and ask them to show the DVD/Movie MoneyMasters to educate the masses. We must get rid of the fed.
Also as a side note we have to tell the peoples of other countries that we are not in control of our government. They are acting not in our name as in USA citzens. We arent being represented.
September 25th, 2008 at 6:58 pm
We NEED to pass out the MoneyMasters.com DVD’s or tell people about the Federal Reserve. We have to get rid of the FED. The whole world needs to rid the Federal reserves. They control us and not U.S.A. but the whole world.
Notice something interesting: All the major counties that DONT have a federal reserve. IRAQ, IRAN, Russia (I think)
We need to get the word out. Contact your local tv station like PBS and ask them to show the DVD/Movie MoneyMasters to educate the masses. We must get rid of the fed.
Also as a side note we have to tell the peoples of other countries that we are not in control of our government. They are acting not in our name as in USA citzens. We arent being represented.
September 25th, 2008 at 8:16 pm
can you blame them ?????????????
http://www.youtube.com/watch?v=lm_xX1Ur43I
September 25th, 2008 at 9:51 pm
Public Elections??? HAHA…its called ELECTORAL COLLEGE and they choose the president…fools.
September 26th, 2008 at 2:40 am
at elmanolito,
you are a fucking retard if you believe that water in europe is any better. Actually in my chemistry class for college we tested war from 15 major countries including europe and to be honest they all sucked, so get your facts straight. also if you saw fifty military commericials why you where in the US, you spent way too much time sitting on your ass watching t.v. Also it isn’t because we are boasting about how great our army is DUMBASS, it is because they are advertising it. Trying to get people into the army, you should try to look up some fundamentals of advertisement, why the hell do you think America is sucha consuming animal? it’s because they advertise anything they want the public puppet to eat up about a million times. Racisim, don’t get me started” I went to Austria and traveled a little through Europe with one of my friends and yes this included Germany! And let me tell the are some Muslim haters if I have ever seen. I thought we in America are bad. HAHA I was wrong. You make me laugh at how ignorant you are.
September 26th, 2008 at 3:39 am
thats it keep arguing , im smarter than you my water is better than yours , give them what they want chaos , instead of bitching we need to stand together, the people of the world against the money men and controllers of governments , remember we are all brothers and sisters , they want us to be frightened and to fall out with each other ,we’re easier to round up then in small groups, as for weapons , dont worry about that , just pray
September 26th, 2008 at 5:49 am
If America is scare of suspicious ‘Hot Dogs’ do not be surprise if Europe and Japan are scare too of American ‘Hot Dogs’ so they do not want to buy them to bailouts the USA.
September 26th, 2008 at 11:27 am
ALL THINGS CONSIDERED, I would much rather see the U.S.,Japan & Europe bickering with each other as opposed to all of them presenting a “united front”. I forget the name of the Indian chief that fought against Custer in the battle of the big horn but he’s quoted as saying “The branches are easier to break than the tree itself”.
September 26th, 2008 at 12:36 pm
cheyenne
80% of the US has flouride put in water.
In the UK it is only Birmingham (small) and one area up north (Teeside?) that have smaller amounts of flouride in the water. So less than 10% of the country. End of discussion.
So you tested water in your chem class??? You scientific conclusion was that “it sucked”. And you have the cheek to call someone else a retard??
September 26th, 2008 at 2:51 pm
Part of the reason America is in this condition is that we have given money to the four corners of the earth and this is the thanks we get. I guess we thought we could buy friendship and stability throughout the world.
September 26th, 2008 at 10:08 pm
Somebody’s telling a little story.. either it is the CBC News, The FEderal Reserev or your own “leaders(?)”..
The whole world is being lied to as fast as lies can be spewed forth from their cake holes…
http://www.cbc.ca/world/story/.....rseas.html
The FED in the US claims it NEEDS $700 B, and yet every other couldntry is “cold shouldering ..while $30 B is going somewhere?
Choke these liars with their own money… and be done with them
September 26th, 2008 at 11:15 pm
us dollar is wampum, an illusion, nothing backs it, it was a confidence game, greenspan wanted it to act like gold and for a time in history it did but like all midas touches from the jews the gold is transmuted into shit.. what happened in germany is happening here… exception being that the americans and canadians are not as smart as the germans and will never wake up…throw all the semitic people in this…arabs are semitic and their jewish brethen….let then fight out their wars and no more goy blood shed for a jews or arabs…. let then kill each other if they cannot solve their differences
September 26th, 2008 at 11:16 pm
us dollar is wampum, an illusion, nothing backs it, it was a confidence game, greenspan wanted it to act like gold and for a time in history it did but like all midas touches from the jews the gold is transmuted into shit.. what happened in germany is happening here… exception being that the americans and canadians are not as smart as the germans and will never wake up…throw all the semitic people in this…arabs are semitic and their jewish brethen….let then fight out their wars and no more goy blood shed for a jews or arabs…. let then kill each other if they cannot solve their differences …happy days are here again 6765476
September 26th, 2008 at 11:17 pm
us dollar is wampum, an illusion, nothing backs it, it was a confidence game, greenspan wanted it to act like gold and for a time in history it did but like all midas touches from the jews the gold is transmuted into shit.. what happened in germany is happening here… exception being that the americans and canadians are not as smart as the germans and will never wake up…throw all the semitic people in this…arabs are semitic and their jewish brethen….let then fight out their wars and no more goy blood shed for a jews or arabs…. let then kill each other if they cannot solve their differences …happy days are here again 6765476 yo yo
September 26th, 2008 at 11:26 pm
Now who’s going to suffer if there’s no bailout. The homeless won’t, the welfare recipient’s won’t,
the unemployment recipient’s won’t, the social security recipient’s won’t. Just think about that.
The people that will be hurt from this “economic disaster” if it occurs are the working people.
It won’t affect the rich, and it won’t affect those on New Deal social programs. The victims will
be working Americans – just one more reason to do what FDR did – start hiring millions of
unemployed Americans at the federal level – and you can start with that $700 billion.
September 27th, 2008 at 6:09 am
#38, you’re wrong. Social programs will collapse just like everything else when the shit hits the fan.
September 27th, 2008 at 9:27 am
Protest the fed locally, loudly and immediately
Start in your church and community group
Let EVERYONE you know realize that
1) these are private bankers robbing America.
2) The “Fed”is not our government. They are private bankers who lend money to thetreasury
3) We pay interest on every dollar printed!
direct them to the sermon here http://www.tinyurl.com/4llor8
This is their weakest moment and they are despised by everyone for destroying our wealth along with the corporations they built around them (As Jefferson warned us about)
Call as a group to your mayor, congressman and other local politicians.
Furthermore we need to propose the structure of a competing currency.
Act fast
September 27th, 2008 at 3:50 pm
I’ve been trying to wave my signal flags towards heaven hoping to draw him near faster. Of course I’m sure he waved back and said its in my timing not your my son. God help us all we the citizens will be standing alone. I can see another Red Dawn in the near future.
September 27th, 2008 at 4:08 pm
More than likely nothing but a consolidation move to bring America fully into the global dictatorship. There are only two things that you need to control any country: (i) completely control a countries money supply, and (ii) take away gun rights. For example, take a look at Britain in the late 1990s they took away gun rights, before that Thatcher privatized every public utility and then every private corporation that was British owned was bought out by foreign corporations (mostly German, ie Rover, Rolls Royce). Looks like the Europeans have their sights set on taking over America.
September 27th, 2008 at 11:31 pm
Well, I don’t know, but people are so unkind. Here we have Dick Cheney and his cortage of sad Bankers–(there is rhyming slang for that, as I’m sure you know!) and people just turn away-SO heartless! This man, this SUPERMAN, who has done so much to put so many millions out of the misery he has caused them, with HIS and dear friend Kissinger, battle the danger of over-population by rather extreme methods but still people don’t appreciate his great sacrifices, and is being refused a paltry few zillion for his friends and himself. After all Haliburton has done to them(no that’s not a mis-spelling). It just shows hows how ungreatful people can be, its a cruel world indeed. I was thinking of taking a collection for him, here in Britland, although, there’s a scant amount after the people have paid the rent on their new caravans, after having their houses and flats repossessed and losing most of the furniture to debt-collectors I keep telling them; “You might think YOU’RE badly off, but think of Dick and his bankers!
September 29th, 2008 at 2:04 pm
THERE SEEMS TO BE A TERRIBLE OBSESSION WITH ISRAEL AND THE ZIONISTS ON THESE PAGES– BUT, THEY ARE JUST ANOTHER PUPPET ON THE STRING OF “UNCLE SAM”. WITHOUT THE YANKS, THERE WOULD BE NO ISRAEL, AND NO ZIONIST POWER-BASE.
October 5th, 2008 at 10:35 am
I wonder if in the 750 billion dollar bailout,how much foreign investments were made? Would it not be the responsiblity to the investors be held accountable for their actions, and pay it back??
Its just another piece of the puzzle of the global elite to devaluate the american dollar and to eventually collapse the american economy.