From Denny: First up, the G20 took aim at American CEOs ridiculously high compensation bonuses. Isn't it something that it takes outside countries to lobby for the American people when our own representatives in Congress lobby against us? Some seriously screwed up priorities in politics these days. What the G20 did try to address are some better standards for the global economy to keep the chaos down to a minimum.
Of course, Europe isn't exactly the standard bearer to defend the American people. They are really defending their own wallets when their treasuries invest in America. Hey, a left-handed warrior is better than none. The American people will take all the defenders from all quarters at this point: "the enemy of my enemy is my friend" works nicely here.