Collapsing Empire's Journal: Globalists expand their reach to 'protect' the economy

WASHINGTON (AP) -- Finance officials from the world's top economic powers endorsed a plan Friday aimed at preventing another financial crisis like the credit and mortgage debacles that erupted in the United States and quickly sent tremors around the globe.

The Financial Stability Forum, a group that includes central bankers and major financial regulators from around the world, developed the plan adopted by the G7. The forum is headed by Mario Draghi, chief of Italy's central bank, who presented his group's findings to the other G7 officials during their closed-door meeting.

The plan is designed to make financial markets less secretive and improve supervision, which in theory would help prevent a repeat of the current financial debacles.

http://biz.yahoo.com/ap/080411/credit_crisis.html?.v=15

I hope I'm not the only one who sees the irony of having a closed-door meeting to discuss openness of the economy.