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The Implications of the G-20 Summit for the Political Sovereignty and Economic Freedom of the United States

Recorded on March 30, 2009

Location: The Heritage Foundation's Lehrman Auditorium

The G-20 summit will meet to discuss responses to the global financial crisis in London on April 2.  The American plans for the summit remain unclear.  The European Union, though, has called for a "charter of sustainable economic activity" that "would subject all financial market activities around the globe to regulation."  This charter, the EU argues, would ensure that all financial market activities reduce economic "imbalances" and promote market "stability."  It would be backed by a system of sanctions against violators, and lead ultimately to the establishment of a "global governance structure." 

The EU's proposals raise extremely serious questions about the fate of America's sovereignty and economic freedom.  So far, the United States has paid too little attention to the larger political implications of the G-20 summit.  Join us for a panel with three experts who will discuss these questions, and offer their perspectives on what the summit should, and should not, seek to achieve.