The IMF Honcho And The African Maid—Why Is America Paying IMF`s Bills?
Saturday was a
bad day for the New World Order.
New York police
boarded the first-class cabin of an Air France jet
bound for Paris to collar
Dominique Strauss-Kahn, the head of the
International Monetary Fund, a Grand Master of the
Universe and the Socialist Party`s hope to defeat
President Nicolas Sarkozy in 2012.
DSK as he is known, was hauled back to New York and
identified in a police lineup by an
African maid at the Sofitel hotel as the man who
emerged stark naked from the bathroom of his
$3,000-a-night suite and tried to rape her.
allies are howling entrapment. Yet his rap sheet is
long. Called the Great Seducer, he was charged with the
sexual harassment of a co-worker at the IMF and accused
by a young French novelist of behaving like a
chimpanzee" and trying to rape her when she
contacted him about a book she was writing in 2002.
New York Times wrote, "As the
impact of Mr. Strauss-Kahn`s predicament hit home,
others, including some in the news media, began to
reveal accounts, long suppressed or anonymous, of what
they called Mr. Strauss-Kahn`s previously predatory
behavior toward women and his aggressive sexual pursuit
of them, from students and journalists to subordinates."
France, Skepticism and Anger Over Official`s Arrest,
May 17, 2011]
What is this
satyr doing running the IMF? How was a man of his
Eurotrash reputation approved by the United States
government? Such conduct may be pooh-poohed over the
pond, but has our country dropped that low?
are issues here far beyond the corruption of character
that drives aging compulsive lechers to criminality when
their prey resist.
One of those
issues is: Why is the IMF still being funded by the
With the World
Bank, the IMF was
birthed at Bretton Woods, N.H., in 1944. In the
monetary order established there, the U.S. dollar would
be tied to gold, and the free world`s currencies would
be tied to the dollar, all at fixed rates of exchange.
contribute funds in their own currency to the IMF.
America would make the largest contribution. As its
birthday gift, Uncle Sam gave the IMF 103 million ounces
nations faced balance-of-payments problems and had to
devalue, the IMF would tide them over with bridge loans.
The loans would be repaid as the troubled nations`
reduced exchange rate led to rising exports and reduced
worked until 1971, when through a series of
during Vietnam, the world acquired an immense pile
of excess dollars. The British decided to cash in
several billion for U.S. gold.
No way, said President Nixon. He
slammed the gold window shut, cut the dollar loose
and let it float against the world`s currencies. The
Bretton Woods system of fixed exchange rates was dead.
And the IMF, established to maintain it, should have
died with it.
It did not, for
as Ronald Reagan reminded us, the closest we come to
eternal life on this earth is a government program.
For 40 years,
the IMF has soldiered on, backed by both parties, plying
its new trade — endless transfers of U.S. and Western
wealth to bail out failing non-Western and anti-Western
Under DSK, the
IMF took on a new role that enchanted Europe.
It joined with
the European Central Bank to provide hundreds of
billions to bail out Greece, Ireland and Portugal, so
these nations would not default on their debts and bring
down the European banks that are stuffed full of Greek,
Irish and Portuguese bonds.
Through the IMF,
U.S. taxpayers are bailing out European nations to save
European banks, just as U.S. taxpayers, through the
Federal Reserve, secretly bailed out European banks
throughout 2009 and 2010.
This is why the
socialist Strauss-Kahn was a hero in the capitals of
Europe. He was their agent in our capital.
winners and losers of this globalist racket.
The people of
Greece, Ireland and Portugal endure austerity and
recession for years, while the European banks are
assured 100 cents on the dollar for their bonds. And the
deal-makers like DSK are put up at $3,000-a-night hotel
rooms, fly first class and get tax-free salaries larger
than those of the president of the United States,
courtesy of the U.S. taxpayer.
Saturday at the
Sofitel, we saw up-close the sense of arrogance and
entitlement such privilege induces in our global elite.
Time to shut
down the IMF and get back what`s left of our gold.
CREATORS SYNDICATE, INC.
Patrick J. Buchanan
no introduction to
VDARE.COM readers; his book State
of Emergency: The Third World Invasion and
Conquest of America, can
be ordered from Amazon.com. His latest book
Hitler, and "The Unnecessary War": How
Britain Lost Its Empire and the West Lost
Paul Craig Roberts.