Can't postthe entire article from Drudge for some reason, but was able to cut and paste this, about prime minister Gordon Brown wooing Obama into the idea:
The prime minister will borrow from the rhetoric of Franklin Roosevelt, who introduced the government-financed New Deal to tackle the US Depression of the 1930s. He will argue that his 21st century "global new deal" will also require public spending on a huge world-wide scale.
We all know that as bailouts go, the recipients keep coming back for more. Maybe we can put this one on ourgreat, great grandkids' tab? After all, we don't want people in other countries suffering as long as we can still borrow to bail them out!