Davos annual financial summit — It’s time to show stockholders and taxpayers what the big shots do with our money–Gov. Paterson pulls out of his ski trip to Europe

Davos divaJust last year at the annual gathering of the World Economic Forum in Davos, Switzerland, the CEO of Lehman Brothers held court on the state of the global economy before lucky big league journalists and quiet subordinates while other Wall Street stars mingled after-hours with the likes of Claudia Schiffer, the supermodel, Bono of U2, Brad Pitt and Angelina Jolie. Pinch Sulzberger of the New York Times empire always attended. Did he get an invite this year? Why would he? 

IT ALL STARTS TUESDAY. Better shape up for those ski pants. 

But the politicians go on our dimes. New York Governor Paterson will fly off to a “junket” in a swank Swiss town this week, escaping from New York just days after his disastrous effort to chose Hillary Rodham Clinton’s Senate replacement, The New York Post has learned.

UPDATE: A beleaguered Gov. Paterson pulled out of his Switzerland trip Monday as a new poll shows his once-huge lead over Attorney General Andrew Cuomo has virtually disappeared.

Paterson was planning to leave Thursday to attend and speak at theWorld Economic Forum in Davos, Switzerland, but said this morning he decided to stay to concentrate on the state budget.

With all the wealthy Democrats in DC to help Obama make the USA a socialist state, the big spenders are not showing up in Davos this year. They may be in hiding. 

As business, government and even nonprofit leaders jet set into the ski mecca, the cameras may be blocked from some of the parties this time. It would not be good PR to let the “journalists” into the five star restarants this time around. 

And with much of the financial system in the UK, EU and the USA edging toward a possible socialist takeover, the 2009 agenda at Davos, “Shaping the Post-Crisis World,” has taken the limelight over  global warming and globalization.

“The pendulum has swung and power has moved back to governments,” said Klaus Schwab, the German-born economics professor who founded the World Economic Forum in 1971 and has been its impresario ever since. “This is the biggest economic crisis since Davos began.”

Davos will draw approximately the same amount of participants (2,500) – but the cavier and celebrity-filled parties are going to be hidden from view. There  will be many fewer members of the Bogner-ski suit set strutting down the resort’s snowy streets with their Rosignol skis in tow. Will Getty and his boy Gavin Newsom be there? 

 

Davos has become so early 2000s and so Euro-centric. “Let’s stay longer at Sundance!”

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