Word: summiteer
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Dates: during 2000-2009
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Featuring a key-note address by a former CIA agent, traditional bánh-mì Vietnamese sandwiches, and a “sexual” poetry reading, the third summit for the New England Union of Vietnamese Student Associations brought together Vietnamese students from nine different schools in a two-day event hosted by the Harvard Vietnamese Association this weekend. “We tailored the entire summit program to expose students to Vietnam not only in terms of its history and culture, but also modern Vietnam in an economic and political sense,” said...
...wouldn't know that, however, from Bush's tone in the run-up to the summit. In his weekly Saturday radio address, the text of which was released Friday, Bush cast himself in the role of defender of free-market capitalism, as if its very existence were on the table this weekend. "This is a decisive moment for the global economy," Bush said. "In the wake of the financial crisis, voices from the left and right are equating the free-enterprise system with greed, exploitation and failure ... But the crisis was not a failure of the free-market system...
...judgment of him, including his policies of lax regulation that helped create the crisis with which the world is now struggling. Painting a picture of himself rallying the world to the defense of free-market capitalism is a natural response to his diminished stature, and the G-20 summit is one of his last moments to gain attention on the global stage...
...optimists, the mere fact that Sarkozy convinced regulation-wary U.S. President George W. Bush to host and attend such a summit was cause for hope. Just maybe, the thinking went, the severity of the crisis would force even American free-market fundamentalists to rethink their aversion to additional rules - especially to multilaterally binding measures enforced by international organizations. But since then, the lame-duck Bush Administration has signaled its opposition to any significant change to the current system of national regulations. And though President-elect Barack Obama's decision not to attend the event disappointed Sarkozy and other European leaders...
...common agreements to increase transparency of financial markets may be acceptable, Obama - like Bush - won't "allow large and vital sectors of America's economy that thrive on innovation to be fenced in" by international accords. And while he thinks Sarkozy's efforts to raise expectations about what the summit can achieve are misguided, Miller does see a logic to meeting to discuss the crisis...