DECISIONS AT THE G 20, HEALTH CARE, ETC.

We will know more about the final communiqué at the end of the G20 meeting after 3:30 p.m. today. For the time being, here is info about what's happening...

http://www.ft.com/cms/s/0/5c541a18-1eec-11de-a748-00144feabdc0.html

Despite the rise of markets all over the world, prospects for the financial sector and the economy remain bleak, according to Wolfgang Munchau

"In other words, you have to do quite a bit more than you think you need to do, rather than quite a bit less. This is the main reason why the Geithner plan is not an optimal policy response. It is a very smart plan in terms of the way it is constructed. It provides no-brainer incentives for private investors to buy toxic assets. But it will not produce sufficient recapitalisation, let alone sort out the problem to such an extent that banks start lending again. For all its technical ingenuity, this plan is at best insufficient – and more likely an expensive distraction that delays the inevitable policy response of a government-led recapitalisation programme. "

Here is the entire article:
http://www.ft.com/cms/s/0/d5d1b1bc-1c93-11de-977c-00144feabdc0.html

From the FT series on the future of capitalism, an article on financial regulations:

http://www.ft.com/cms/s/0/723612ce-1d42-11de-9eb3-00144feabdc0,dwp_uuid=ae1104cc-f82e-11dd-aae8-000077b07658.html

Flash news from Reuters: U.S. jobless claims highest in more than 26 years

http://www.reuters.com/article/newsOne/idUSTRE53138C20090402

And an article in the New York Times about a campaign against health care reform. I think that if we do canvassing we should inform people about Richard Scott, his record, his past, and what he's trying to do to derail Obama's reform.

http://www.nytimes.com/2009/04/02/us/politics/02scott.html?ref=us