Drudge Retort: Red Meat for Yellow Dogs

The International Monetary Fund has added to the growing pressure on the US Congress to approve the Wall Street bail-out, as stockmarkets rose on optimism that a deal will be hammered out this week.

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Pay attention the the INTERNATIONAL in international monetary fund. What about a US monetary fund or a policy or a suggestion or something.

Dominique Strauss-Kahn, managing director of the IMF, warned last night that the US must take urgent steps to protect its economy from the ongoing financial crisis.

"We're right at the moment where action is needed,"


They're right -- urgent action is needed. But the IMF doesn't care WHO in the U.S. pays for the bailout; Congress should.

If you aren't aware -- the entire international system is run on leverage, confidence and every person's trust. But when all is said and done, losing confidence in a highly levered situation quickly becomes a dangerous situation. A bit like walking through a bone dry forest at night with only a lit candle to guide you through it.

If you understand anything about the banking and US financial system it operates on leverage and trust. If you lose the trust of depositors, then it becomes a very dangerous situation. We are in a situation akin to walking through a bone dry forest at night with only a lighted candel in your hands.

The International Monetary Fund has added to the growing pressure on the US Congress to approve the Wall Street bail-out, as stockmarkets rose on optimism that a deal will be hammered out this week.

Screw the IMF.

We have enough New World Order globalist a--holes in the Bush Administration as it is.

I am sure that many of you, well-informed people that you are, have read and watched news in the past about people in some foreign country protesting against what the media considered "capitalism" and "free trade." In many cases those people were protesting against the IMF and their interfering. In order to get IMF loans and bridge loans and yes, bailous from US, they would have to do this that or the other and they too had a gun pointed at their head, "if you don't do X the market will crash", etc. This is happening to us now although the IMF isn't bailing us out (good thing too if not we'd be their slaves for life). So it turns out that many people were protesting against a perverted form of global capitalism, a faux capitalism. They were also protesting against interventionist policies that many times forced them to socialize debts and privatize profits.

This is no different than regular Islam vs Islmo-fascists who have perverted their religion.

So don't jump to conclusions when you see people around the world demonstrating against what they call "capitalism", those people are not necessarily marxist, but they may gravitate to strongmen like Chavez for instance, because they feel they have no other alternative.

To me it's both funny and sad reading about the IMF pressuring the U.S. over a financial crisis. But I guess I saw it coming the moment I started voting Libertarian. I am just shocked at the timing (speed) that's all.

In short, 9/11 may have made many Americans aware of their country's foreign policy, this crisis will provide insight as to how the rest of the world, especially poor countries, deal with economic issues and why they resent us.

BTW there was a rumor today that the French or was the EU(?) had some plan to bailout their banks, but was later denied. This begs the questions, what are foreign governments willing to do to fix this? How many times has the US bailed out other countries like Mexico for example? I am not saying they should bail us out, but what are they doing to help their own markets. The idea that since we cause this mess we should fix it is not valid, otherwise the taxpayer would not be asked to fix a mess they didn't cause.

All I can say is-

I magine Which of
M y
F inger(s) I'm flashing at them!

Please FrankF, give the bad comedy a rest, oy vey!

Frank 2.0

You're killing me, Frank.

No, I mean you're literally killing me. Your attempts at comedy should be considered attempted murder.

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