Market Currents
The IMF has finalized the details of its $430B crisis capital fund, saying it would only draw on...
-
Friday, June 15, 2012, 6:31 PM ETThe IMF has finalized the details of its $430B crisis capital fund, saying it would only draw on the new resources if its existing funds were low. Some analysts have argued that the agency needs to do more to significantly boost its crisis fund with Europe on the edge of crisis.
Other date
Latest Global Articles
This news story has 2 comments:
And just where is this pile of doe going to come from?
The U.S. taxpayer?
The U.S central bank will no doubt be in on the fun!
So now we can look forward to funding this I.M.F. cluster muck also?
How about a kiss?
I like to get kissed before We get,
well you know the rest...
This is a bloody joke, folks!
And unfortunately the joke is on us!
We do NOT have the cash anymore than Italy and Spain(who are supposed to pony up their respective shares) to this still unknown "Super Fund" that is going to bail out Greece and Spain and the rest of the E.U.?
Man this would be really funny if it weren't so deadly serious!
God help all free men and women all over the globe!
The powers that be are about to seize all they can get!
Dream act here at home?
Nah, why trouble congress?
The president can just "Do what He Wants" and get all the new votes while he's at it!
In another time this would be called for what it is,
A Dictatorship!
Turn to God because the men who are perpetrating this injustice do not have our best interests at heart!
There is no good to come from this constant meddling into a once free market system!
I just don't see the good, unless your on your way to Cabo!
How about they have their meetings somewhere a little less "enjoyable" and maybe get something done for a change?
You're welcome, Germany, AND....... if everything is REALLY so rosy in Germany, how about starting to pay back your debt to the USG?
Oh my bad, still paying back that $354 BIL USD Deutsche Bank borrowed from the FED recently.
See GAO Audit of FED; pages 130-131.
NOTE:
According to EU law, EU regulations are binding in their entirety and directly applicable in all Member States. This means that, on the date of their entry into force, they become part of the national law of the Member States and that their implementation into national law is not only unnecessary but also prohibited by EU law, except in so far as this is expressly required by them.
This is why Germany ignores all Superior EU Law, and chooses to run everything past it's subordinate Constitutional Court in Karlsruhe.
This brings us to "enforcement" of these regulations. As long as no political union, or Central Treasury exists, it's going to continue to fail.
Forget Iran, evil has a new name, (well it's actually not new, it just popped up again) ... for the 3rd time in 100 yrs.
GERMANY.