Written by nightfly
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Topics: G20 Summit

Friday, 3 April 2009

image for Leaders hail G20 a success
Merkel, giving Sarkozy the eye

Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis with measures worth $1 trillion. This includes a $750 billion fiscal stimulus package in the form of additional expenses available to UK MPs. Following controversy and criticism of some of the extravagant expenditure on second homes, it was recognised by many leaders at the G20 that Parliament has actually been a saviour of the world economy.

"If it wasn't for their willingness to spend other people's money," declared French President Nicolas Sarkozy at a press conference, "then demand around the world would have virtually ground to a halt."

US President Barack Obama agreed, and has even suggested a new 'stateside home allowance', so that British MPs are encouraged to buy homes in America and therefore boost the moribund housing market there.

"I'm not saying this is a quick fix," said Mr Obama, "but given the propensity for British MPs to spend huge sums of money it's bound to have some effect!"

Unfortunately Gordon Brown's otherwise successful conference was marred when once again he had to field embarrassing questions about the Home Secretary after it emerged that dozens more adult movies appeared on her expenses claim immediately after the G20 summit.

In a damage limitation exercise the Prime Minister insisted that it was down to a simple misunderstanding when Jacqui Smith's husband thought he heard world leaders calling for more 'physical stimulus'.

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