November 14, 2008

HARD TO MOVE LEFT WITH ALL YOUR ALLIES TO THE RIGHT:

Saving car giants will cause havoc, Gordon Brown warns US: Tensions at the start of the G20 summit run high as Prime Minister deems return to 1930s policies ‘unacceptable’ (Francis Elliott in Washington, Suzy Jagger in New York and Gary Duncan, 11/15/08, Times of London)

In a veiled warning to the next American President, Gordon Brown described protectionism as the “road to ruin” yesterday as international tensions surfaced at the start of the G20 summit in Washington. [...]

Mr Brown was already risking confrontation with the President-elect in barely coded criticism of a planned measure to bail out America’s ailing carmakers, a plan Mr Obama supports. “I do think it is really important that we send out a signal today that protectionism would be the road to ruin,” the Prime Minister said, in a speech to the Council of Foreign Relations in New York.

“If we get into a situation where countries made decisions irrespective of what happened anywhere else, then we will see the same problems of other times. The dividing line here is between an open society capable of trading round the world, against a protectionist response that happened in the 1930s and is totally unacceptable.”

Posted by Orrin Judd at November 14, 2008 10:44 PM
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