What Obama's Trip to Europe Revealed (tags)
Declaring something a success doesn’t necessarily make it so. We learned this at the Bush-led G-20 summit only four months ago, when global leaders were expected to do something far-reaching in response to the world-wide economic crisis, instead of chatting about it. When nothing came of the meeting, we were told that the summit “succeeded” because it “laid the groundwork” for the next G-20 gathering, recently led by Obama. The four months between G-20 summits was one of rising massive unemployment and social misery for millions of people, creating an urgency that was unmet by the world leaders in London.
The Credit Crisis may reflect concern with likely growing trade union power. (tags)
The credit crisis may reflect a likely increase in the power of the trade union movement as a consequence of decisions made at the UN.