You are here
Home > Posts tagged "IMF"

Yay! Ukrainians win austerity measures and right to go in debt to World Bank!

We can keep arguing about who the Ukrainian opposition/protesters were, but the aftermath of the celebrated uprising has wrought this: the new leadership is being courted by the EU and the IMF so long as they agree to club requirements. Make austerity reforms, aka the privatization of public assets, and saddle their economy with debt to the World Bank. Meanwhile Russia is being warned to keep its military out. That should confirm who won in Ukraine.

Spain- the leaden housing bubble now accused of sinking Eurozone economy

Another housing bubble and another huge bank bailout being demanded by the world's superrich! And the working people being asked to take the blame once again, tighten even further their belts, and 'cut back' from their already low standards of living. This time its Spain; last time it was Greece; and before that Iceland. The superrich once again say that if the common folk do not agree to their forced diet (austerity program), that things will get even more horrible for them! But with an unemployment rate already at 25% how much worse could it get for the average Spaniard? And who will the superrich come to take down next after they put their murderous programs in place in Spain? Spanish Banks Need $46 Billion, I.M.F. Says in Audit

IMF pick Christine Lagarde-Obamette updates beau mot Cherchez La Femme

IMF DSK replacement Christine Lagarde assumes leadership of the International Monetary Fund today, the world's most powerful woman. Will she be the spoonful of sweetness to make austerity cuts go down? How's your blood-sugar crashing on Obama? My guess is this fairy grandmother gambit will go down in Europe like an Obama Smurfette. To further my sexist analogy, imagine Lagarde the stereotypical bank loan officer, absolutely immovable. But Lagarde is personable, kindly, and maternal, and she's willing to extend your loan, on the condition that you forfeit your house and all your possessions, and rent them from her. In the end you have nothing, but you don't starve. By the way, the sheriff outside work for her. The IMF and the paramilitary riot police -that's whose army. It's a contract re-up you can't refuse. That's "austerity," larceny with the improbably-legitimated veneer of usury, and it's her last best offer. 25292

Egyptians support Wisconsin workers

I'll rally to support the Wisconsin unions, AND let's hope they too can rise above what immediately threatens them to see that the oppressed of the world have a common enemy.

Revolution in Egypt: cue the jackals

The struggle in Egypt between spontaneous uprising and desperate measures taken by Mubarak has become complicated by covert intelligence action. Looters have been unmasked as security agents, the police withdrew from the streets only to reappear as thugs unleashed on the vulnerable public. As the popular revolution appears irreversible, world bankers and investors are threatening to destabilize Egypt with the usual market sanctions.

G7 vow to cancel Haiti Debt…

30 years too late. Mighty white of them. Swiss courts delayed announcing their decision, hours before the Earthquake, to reinstate the money stolen from Haiti by the Dvalier family, with the help of the CIA and Pentagon, and Swiss banks along with other multinational banking Corporations, to the Duvaliers. Not to Haiti. One Swiss official said that it's customary to wait several weeks before announcing court decisions. 14481

Advice for next DC Madam

All sex worker administrators working in financial capitals DC or NY or London may want to take note, when affairs go awry, you are entangled with the vice squad, and you are hailed as that episode's "DC Madam," consider making your client list known far and wide, instead of hoping to parlay it for reduced charges. Whether convicted or not, you will shortly be found dead, by your hand, without a sign of foul play. A suicide, like journalists, aids, and other compromised folk before you. 3282

Top