A page on the Canadian Government’s G-20 Toronto Summit website promises payments to citizens “to mitigate adverse financial consequences” as a result of the meeting of world leaders June 26-27. Unfortunately, the adverse consequences being referred to are only those incurred as a result of the security precautions that shut down cities when the world’s power brokers come to town.
Those economic costs can run into the millions, as the citizens of Pittsburgh found out when they hosted G-20 leaders last year. The real economic damage to fear, of course, is not from the costs of the meetings, but rather from the consequences of G-20 agreements that endorse bad economic strategies and policies that restrict commerce and hinder economic growth. The citizen’s of the world could use some compensation for that!
Fortunately, the Toronto meeting, under the chairmanship of Canada’s sensible Prime Minister Stephen Harper, seems likely to eschew the grandiose international regulatory schemes that some of the leaders, including President Barack Obama, seem to prefer. With the G-20 moving on to South Korea, another currently well-governed country, in November, the citizens of the world may be safe for a while.
G-20 is akin to an entire trailer park of welfare recipients with single mothers, having five children each, and the fathers of at least one of the children living with them, unknown to the Welfare Department, moving into my back yard and demanding that because I have the room, and the means to pay the land taxes, the water and electricity, and sewerage, it is their RIGHT to share in what I have earned!
The whole concept is just wrong! It is pure Socialism.