President Barack Obama called this week’s G-20 meeting a “very tranquil . . . summit,” despite protests that damaged store fronts in Oakland and surrounding areas.

“In most of these summits, there has been a much more tumultuous response,” he said. “In London, you had hundreds of thousands of people in the streets,” he added with a sort of a laugh.

Obama said he thought most of the protesters were “directed generically at capitalism” and not necessarily opposed to the Group of 20 itself.

“Ironically, if they had been paying attention to what was taking place inside the Summit itself what they would have heard was a strong recognition from the most diverse collection of leaders in history,” he said.

Obama announced in a news conference that the leaders agreed to continue with their stimulus plans until the economy exhibits sustained growth. The leaders also said they will tighten financial regulations in hopes of holding accountable the people who caused the financial crisis.

He added that the G-20 established a Financial Stability Board to give Third World countries a greater say in international economics. The group’s members also decided to redistribute the wealth in the International Monetary Fund to give more money to emerging economies.

Obama committed to providing more jobs in the clean energy sector. The leaders said they will phase out $300 billion in global fossil fuel subsidies.

The president opened the conference by joking that he was “resentful” that he didn’t get to eat pancakes from Pamela’s Diner, even though Japanese Prime Minister Yukio Hatoyama did.

“I don’t know how he worked that, but he was raving about them,” Obama said.

Check back later for a more comprehensive report.