Lake Minnetonka Liberty

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Tag Archives: IMF

IMF looking for a bailout

Oh, this is good! The IMF is standing on the corner with it’s hand out, panhandling the world, specifically the United States for “mo money.” Mmmhhh… No! We have to get our own house in order and not worry about the “world community” via the IMF. I know the transnational socialists like Barack Obama, Tiny Timmy Geithner, etc… will say I’m wrong and my position is dangerous to the world economy if we don’t bail IMF out, and to that, I have one question. How did the “world economy” ever survive prior to December 27, 1945? The correct answer is the world got along just fine before the IMF was invented, and it will get along just fine in the unlikely event there is no more IMF. No, we can’t afford to bail them out, nor should we, or any other country for that matter.

The head of the IMF has warned that its $384bn (£248bn) war chest designed as an emergency bail-out fund is inadequate to deliver the scale of the support required by troubled states.

In a document distributed to the IMF steering committee at the weekend, Ms Lagarde said: “The fund’s credibility, and hence effectiveness, rests on its perceived capacity to cope with worst-casescenarios. Our lending capacity of almost $400bn looks comfortable today, but pales in comparison with the potential financing needs of vulnerable countries and crisis bystanders.”

No, I kinda think a very alien concept known as responsibility for one’s chosen actions is the way to go. If you embrace socialism/nanny statism and find that it caused you to go in to financial crisis (like it ALWAYS does), well, that’s your problem, you need to deal with it. You did it, nobody else did. Time to grow up and be an adult and face your problems. That’s the thing about nanny states, they’re little children that have no concept of the word responsibility. There’s always someone or something to bail them out. I say, no. Time to cut the umbilical cord. You’re on your own.

Dominique Strauss-Kahn head of IMF arrested/charged with rape

Well, well, well, whenever bad stuff happens to the elite new world order transnational globalists, it does indeed put a smile on my face, I feel bad for the victim, but not at all sorry that Dominique Strauss-Kahn is behind bars, where he should be, and should have been his entire life.

via the New York Post:

The French political bigshot who heads the International Monetary Fund was arrested for allegedly sodomizing a Manhattan hotel maid yesterday — hauled off an Air France flight just moments before takeoff from Kennedy Airport, police sources said.

Three Port Authority detectives pulled Dominique Strauss-Kahn from the plane’s first-class cabin just two minutes before it was due to depart for Paris, according to the police sources.

Strauss-Kahn, 62 — who was expected to challenge French President Nicholas Sarkozy in the 2012 election — was turned over to NYPD officers and brought to the Special Victims Unit’s uptown squad room.

Why is Dominique Strauss-Kahn heading up the IMF? I asked that question as soon as he got that position. He’s a socialist-communist. That’s true, and I’ll get to that in a minute. Why would you put an anti-capitalist, central planning lover of communism in charge of the IMF? It makes no sense, but that’s your “world body” for you… no sense at all. It would have been along the same lines as installing Leonid Brezhnev as president of the U.S.

Before I get to his communist ties, it should be noted that “DSK” is no stranger to scandals. Again I ask, why is he the head of IMF?

On October 18, 2008, the IMF announced it would conduct an investigation into an allegation reported by a long-standing governing board member, shakour shaalan of Egypt, that Strauss-Kahn had a one night stand with Piroska Nagy, a Hungarian-born senior economist at the IMF, who subsequently left the IMF with a severance package. On October 25, 2008, the IMF Board issued the findings of the investigation. While noting that the affair was “regrettable and reflected a serious error of judgment on the part of the managing director,” the Board cleared Strauss-Kahn of harassment, favoritism or abuse of power, and indicated that he would remain in his post.

In May 2010 a book written by an anonymous IMF employee, “Cassandre”, detailed Mr Strauss-Kahn’s continuing healthy interest in attractive women. The Times quoted her: “After identifying his prey, he bombards them with text messages, usually with the opening salvo ‘I want you’ ”, writes Cassandre. “He is direct and makes no concessions.” While the author remains anonymous for the sake of her career, the book is published by the eminent Editions Plon, founded in 1852.

Now then, with this pillar of society, a man with impeccable integrity once again washed in scandal, let’s take a look at his political views:

Dominique Strauss-Kahn (; born 25 April 1949), often referred to as DSK,[1] is a French economist, lawyer, and politician, member of the Socialist Party (PS). He was selected as the new Managing Director of the International monetary Fund (IMF) on 28 September 2007.[...]

Strauss-Kahn was first an activist member of the Union des Etudiants Communistes (UEC, Union of Communist Students), before joining in the 1970s the Centre d’etudes, de recherches et d’education socialiste (Center on Socialist Education Studies and Research, CERES) led by Jean-pierre Chevenement, future presidential candidate for the 2002 election. There, he befriended the future French prime minister Lionel Jospin.

After the election of President Francois mitterrand in 1981, he decided to stay out of government. He got involved in the Socialist Party, at the time led by Lionel Jospin and founded Socialisme et judaïsme (“Socialism and Judaism”).[...]

In 1998 he became one of the leaders of the Socialist Party for the regional elections in the Ile-de-France region (Paris and suburbs), which were won by the PS. But as Strauss-Kahn refused to exchange his ministry for the executive leadership of the Ile-de-France, Jean-paul Huchon became the president of the regional council.

In 1999, he was accused of corruption in two financial scandals related to Elf Aquitaine and the mNEF, a student mutual health insurance, and decided to resign from his ministerial office to fight these charges, in agreement with the “Balladur jurisprudence.”