Saturday, November 15, 2008

What does the "G" stand for?


G7:

The G7 (also known as the G-7 or Group of Seven) is the meeting of the finance ministers from a group of seven industrialized nations. It was formed in 1976, when Canada joined the Group of Six: France, Germany, Italy, Japan, United Kingdom, and United States of America.[1] The finance ministers of these countries meet several times a year to discuss economic policies. Their work is supported by regular, functional meetings of officials, including the G7 Finance Deputies.



Source: http://en.wikipedia.org/wiki/G7

G8:

The Group of Eight (G8, and formerly the (G6) or Group of Six) is an international forum for the governments of eight nations: Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States; in addition, the EU is represented within the G8, but cannot host or chair.[1] The G8 can refer to the member states or to the annual summit meeting of the G8 heads of government. The former term G6 is now frequently applied to the six most populous countries within the European Union (see G6 (EU)). G8 ministers also meet throughout the year, such as the G7/8 finance ministers (who meet four times a year), G8 foreign ministers or G8 environment ministers.



G20:

The G-20 (more formally, the Group of Twenty Finance Ministers and Central Bank Governors) is a group of finance ministers and central bank governors from 20 economies: 19 of the world's largest national economies, plus the European Union (EU). Collectively, the G-20 economies comprise 90% of global gross national product, 80% of world trade (including EU intra-trade) and two-thirds of the world population.[2]
The G-20 is a forum for cooperation and consultation on matters pertaining to the international financial system. It studies, reviews, and promotes discussion among key industrial and emerging market countries of policy issues pertaining to the promotion of international financial stability, and seeks to address issues that go beyond the responsibilities of any one organization.


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G7; G8; Now, G20; I don't see what all the scurrying about is for?


The New World Order is here, and we've been duped into thinking that they are going to fix things. No such luck; It's world government from now on. Currently, President Bush is hosting a 21st Century "Bretton Woods Conference" in Washington D.C.; While the world watches, and waits for the next shoe to drop: More bad economic news, more down-sizing, more lay-offs, more bankruptcies, more foreclosures; The dignitaries, and the international banksters make plans to monopolize the remaining wealth of the world's working people. Meanwhile, they dine on "Beijing Duck", Foie Gras, Caviar, and Escargots. And we pay the bill.


I think the "G" is supposed to stand for Global;

Yet, I think that it actually stands for gangsters.


Arsenio.