Tag Archives: IMF

19 Mar

Cyprus: A Moral Dilemma?

The volume of ink and airtime being propelled our way on the country of the week, dissecting and analyzing its past, present, and future, may well catapult the name of a small island at the eastern end of the Mediterranean into a verb. How long before North Americans get “Cyprussed”?

Posted in Economy, Europe, Politics | Tagged , , , | 49 Comments | 424 views
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19 May

The International Monetary Fund, Troubles On The Left

Socialist Dominique Strauss-Kuhn, former Managing Director of the IMF has resigned; apparently, he realized how difficult it will be to run such a dynamic enterprise from prison. French Finance Minister Christine Lagarde is being considered as his replacement. The jobs has benefits, staying in $3,000 night hotel rooms with complete maid service, at least in Europe are considered part of the package among Europe’s privileged Elite. However, since DSK managed to expose the seamier side of the of the European class of ‘noblesse’ and their dubious feelings ‘noblesse oblige’ toward the common masses, concepts that play so conveniently for the European Socialist, the world is beginning to question the wisdom of installing European Socialists to run this complex and powerful monetary fund.

Posted in American Exceptionalism, Culture, Culture of Corruption, Deception and Lies, Economy, Europe, Foreign Trade issues, Global Regions, History, Socialism | Tagged , , | 8 Comments | 1,209 views
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