This weeks Panama Revelations meagre though they were, with only a handful of names released, got the desired effect. The world is screaming for more internationally coordinated tax rules. Obama is calling for international tax reform. Here is a what James Corbett and James Pilato have to say about the Panama papers and the pending […]
Tag Archives: IMF
Just in case you’re wondering if the IMF does the lending from the goodness of their hearts. The IMF made $ 2.5 billion of the loans made to the Greek people. Greece has a population of about 11 million. This is about looting the Greek and if it was up to me I would do […]
At 9:30 am I’ll be talking in my biweekly radio spot on Raglan radio. This morning I will be speaking about the situation in Greece and how it connects to the financial system, John Key and the the NZ dollar to name but a few connections! You can life stream it here
George Osbourne the UK Chancellor of the Exchequer knows nothing about finance and a little bit about history from an empire point of view. He grew up as an entitled coke snorting prat and he feels justified to starve the Greek population in the service of the banker elite. Alternatively Dr Yanis Varoufakis has a […]
Odious debt doesn’t need repayment according to international law! Greece is to take the drastic step of skipping a €300m payment to the International Monetary Fund on Friday, invoking an obscure mechanism in abeyance since the 1970s to bundle all debts due in June and pay them at the end of the month. It is […]
John Key wanted NZ to become the Ireland of the Pacific. He worked hard at it. As our own economic hitman the “Smiling Assassin” borrowed, underfunded and bought derivatives preprogrammed to implode. The last great looting has begun.
Are you ready to get Cyprussed? This is a story that should raise an eyebrow or two on every single face in Europe, and beyond. I saw the first bits of it on a Belgian site named Express.be, whose writers in turn had stumbled upon an article in French newspaper Le Figaro, whose writer Jean-Pierre […]
John Key is happy that the IMF gives New Zealand Compliments. He should be because he is a banker and wants his ilk to thrive. But why should we be happy with the compliments of its CEO Christine Lagarde who in her homeland France recently had her apartment raided as part of an ongoing investigation […]
It took the charming three tries for Greece to get its third “bailout”, which incidentally does not bail out anyone except the hedge funds who went long GGBs because the only actual winners resulting from yesterday’s transaction – those benefiting from Europe’s AAA club fund flows are hedge funds as explained previously. As for Greece, […]
In our MSM today it was announced that with the forming of a new Government in Greece all would be well and I’m sure that the NZ $ 1.36 Billion we just committed to the IMF will go to those thousands of poor starving Greek being fed by gifts from their fellow Greek farmers you […]
Every time I think that this time I can start my day in the “real” world at a halfway decent time another gem pops up keeping me glued to the screen in utter amazement at the callousness of the 1%! On the 25th of May Christine Lagarde, head of the IMF also known as the […]
As was inevitable the financial collapse is entering a new and dangerous new phase. A month ago it was announced that with the bail out of the big European banks over the backs of the Greeks Greece had solved Europe’s financial woes but now the next and inevitable phase will slowly develop as Ponzi schemes […]
Here is what Bucket shop means for those who don’t know. And so the spirit of Mark Pittman lives on. Bloomberg, which last year sued the Fed in a landmark FOIA case, and won (a decision which is being appealed by the kleptocrats but not the Fed), has decided to go transatlantic, and is now […]
As the news reaches us that as predicted the city councils throughout New Zealand have ratcheted up the highest debts per capita ever Moody has declared Greece in default. This presents a clear case of a default event and while the central banks and other fraudulent finance institutions such the IMF et all. want us […]
Because here in New Zealand are a lot of people who could do with a little help from you too. Come to think of it dear Anonymous just wipe the global lot and let us all start afresh without the central banking system. Oh, and also could yo please wipe the surplus of the bank […]
So far Soros has a finger in every dirty pie, no compunction about manipulating global events and entire Nations so I’m not in any doubt he is doing exactly that. But I also think that we are indeed heading to collapse and chaos. Over the past couple of weeks, George Soros, the IMF and the […]
Here is where John Key and his banking mates are commencing to plunder out coffers. More on this and John Key’s connection with the true owners of Fletcher building on Monday. I’m going to have a well deserved weekend off because I feel a tad drained after the election educational efforts! The risk of the […]
By David Swanson There’s a great deal of disappointment, even distress, in the air as news spreads that Dominique Strauss-Kahn might not be charged with rape (or attempted rape, or sexual assault). He’s guilty, the victim’s character is being attacked in order to protect him, and the Culture of Rape will emerge triumphant once again […]
Ok, tell me when was an ex minister of finance in charge of one of the most powerful financial institutions in the world ever yanked out of a first class seat of a plane for the alleged rape of a maid, a black maid at that, of a hotel??? Here is a man, and ex […]
AP writes: The Group of 20 countries have made the [IMF] the linchpin in their efforts to combat the worst economic downturn since the Great Depression The Washington Post notes: Global financial chiefs agreed yesterday to reshape the International Monetary Fund, moving to broaden its mission … The IMF, which in recent years had become […]
Let me give that some background. In the “great” depression 7 million people died of hunger in the US alone. The “Great” depression led to WWII and the abject world wide poeverty that some of the oldies still remember and which prevents them from spening even the smallest amount of money on themselves. I’m sure […]
More than half of the world’s countries have been plunged into recession by the credit crunch, a higher proportion than at any time since 1960, according to the International Monetary Fund, which warns today that the downturn is likely to be “unusually severe and long-lasting”, and will starve developing countries of resources. As the world’s […]
BARACK OBAMA’S commitment to helping labor has always been suspect, but handing over the American car business to the investment banker Steven Rattner might well turn the president into the last great union buster. To be sure, we’re already long past the point where industrial unions have any real clout in our so-called service economy […]
Ah, the good old fashioned fear factor but also very true. WWII comes to mind as the outcome of the Great Depression. Made a lot of money incidentally for the selfsame assholes causing this recession. In case you didn’t know about the Money Masters now would be a good time to watch the video. The […]
The international crisis that broke in summer 2008 demolished all the neo-liberal dogmas and exposed the deception behind them. Unable to deny their failure, the World Bank and the International Monetary Fund claim they no longer uphold the set of neo-liberal policies known as the Washington Consensus. Yet, discredited though they may be, these two […]
By Angus Whitley and Shamim Adam Feb. 7 (Bloomberg) — Advanced economies are already in a “depression” and the financial crisis may deepen unless the banking system is fixed, International Monetary Fund Managing Director Dominique Strauss-Kahn said. “The worst cannot be ruled out,” Strauss-Kahn said in Kuala Lumpur, where he was attending a gathering of […]
A word of warning to John Key and National from the IMF chief no less. Strauss-Kahn says advanced countries would see violent civil unrest if elite continue to exploit financial chaos for their own ends Paul Joseph Watson Prison Planet.com Wednesday, December 17, 2008 The head of the International Monetary Fund has warned that advanced […]
Aotearoa: A Wider Perspective 