The IMF should be renamed Da?arin Fund

[Jon S.]

Usually I don't like or agree with their "fair and balanced" opinion (more like full of BS and too one-sided at times) but I look at everyone's perspective so I can see where someone else is coming from. This is very DR related, by the way. Here is the link: Fox News

And liberals, don't flip over this. It makes perfect sense............

 

[Porfio_Rubirosa]

From the article cited by Jon S:

"Want an IMF loan? First you must raise tax rates and devalue your currency. Translated into English, this means destroy incentives for people to work, save and invest, and destroy any remaining confidence in your monetary system.

What are the chances that a country adopting such policies will grow and position itself to pay off the new debt? Probably slim to none. Which is good news for the IMF, because it initiates a new cycle of aid and dependency that will bring the country back again, hat in hand. The IMF has a new client state to add to its existing stable."

See also: http://www.globalpolicy.org/socecon/bwi-wto/criticsindx.htm

Mi gente, beat the Christmas rush. START HATING THE IMF NOW!!!