Showing posts with label IMF. Show all posts
Showing posts with label IMF. Show all posts

Monday, May 18, 2009

International Monetary Fund sez Earth's Economy on it's Back Until 2010



Last month, the International Monetary Fund (not to be confused with the Impossible Mission Force) revised their prediction that the
planet's economy would be back on its feet by 2009, saying it wouldn't likely happen until 2010 at the earliest. Funny how, here it is,
2009, and they decide, as mid-year rapidly approaches, that the economy won't be out of bed before December 31.

Really? What gave you that idea?

Sheesh. Why does the incompetent news media keep listening to the incompetent money people who failed to see this mess coming at all?

They lied to hide that things were falling apart, they lied when things were falling apart, why should we believe any of them now?

What's almost as bad as letting the people who caused this mess stay in charge so they can fix it? Expecting those same people to be
honest and accurate when it comes to seeing the light at the end of the tunnel.

If there is ANYTHING I have learned so far this century it's that there is NOTHING that "experts" in government, finance or business possess that should allow them to call themselves "experts." Whether you're Jim Kramer, the dude in the White House, or the doughy white guy in the picture in the CNN.com article I capped for this post (original here: www.cnn.com/2009/BUSINESS/04/22/imf.forecast/index.html ), odds are you're so entrenched in the current system you're too blind to see that system's blatant problems.

After the last, near-decade of messes, I feel like anyone who doesn't end their claim with the phrase "I could be wrong" should not be trusted. Hell, I'd be fine with a seeing a simple "IMHO" someplace in a press release from the WHO or the NHS or NOAA or whomever.

If We, The People, have any brains, we're about to enter another era like the 1960s, where the motto becomes "Question Everything" because that's exactly what we should be doing. We've been trusting our leaders in government and business to keep our civilization running and we see now that we have been lied to across the board. So we need to ask questions at every turn--stop trusting big business to tell us what is going on with big government. Question it all--don't read one article and be satisfied--find other sources in and outside the country--talk to people about what you read, compare notes. Think for yourself and, again, relive that motto from the 1960s: question everything!

This time, though, let's lay of the drugs, OK? I think that crap made the last generation forget all the stuff they were supposed to question and that got us back into this mess. It's believed that Thomas Jefferson once said "The cost of freedom is eternal vigilance." Where Tom said that or not, it's true.

Thursday, April 16, 2009

FLOW (2008)


Buy it!
Would you recommend it? Definitely. In fact, I think most of us in the Western World are so in the dark about water, I think this documentary should be required watching.


Technically any good? While it does come across as very heavy-handed and preachy and doesn't try too hard to present any opposing view points (though it does try), the facts it presents are undeniable and incredibly disturbing. It's downright scary how much power big business has over the water in the ground. And just think about how important water is to commerce--as a result, water ends up being the number 3 commodity behind oil and electricity. Yeah. I didn't know that either. Another fact it presents is that humans account for just 10% of the water use in the world. The rest is split unevenly between agriculture and business--the majority of which goes to business.


How did it leave me feeling? Angry, for two reasons. First, because no one seems to be aware of or have a problem with these giant companies using and controlling so much water. Second because the film pretends that a few isolated victories against these corporations means that we can stop them. Protests have stopped some companies from essentially stealing water, but Coca-Cola, for instance, is a huge company. They didn't lose that battle in India, they just put their resources someplace else instead of wasting time with a bunch of protesters. So, I could have done without the corny, "speak truth to power" BS and stuck with the fear-mongering since that's what is needed.


Would you sit through it again? YES! I want to go over the facts presented again and try to pick up on things I missed the first time through. This docu is jammed with interesting stuff and interesting people.

Seriously, watch this movie!!

Friday, October 31, 2008

IMF to Become Earth's Central Bank?

A few days ago, Twitter user SRivera posted a link to an article at Telegraph.co.uk:

IMF may need to "print money" as crisis spreads
The International Monetary Fund may soon lack the money to bail out an ever growing list of countries crumbling across Eastern Europe, Latin America, Africa, and parts of Asia, raising concerns that it will have to tap taxpayers in Western countries for a capital infusion or resort to the nuclear option of printing its own money.

Yeah, that's right, the IMF might have to print its own money. Here's a bit from that article:

The IMF, led by Dominique Strauss-Kahn, has the power to raise money on the capital markets by issuing `AAA' bonds under its own name. It has never resorted to this option, preferring to tap members states for deposits.

The nuclear option is to print money by issuing Special Drawing Rights, in effect acting as if it were the world's central bank. This was done briefly after the fall of the Soviet Union but has never been used as systematic tool of policy to head off a global financial crisis.

"The IMF can in theory create liquidity like a central bank," said an informed source. "There are a lot of ideas kicking around."


Yeah--and conspiracy folks thought we'd be seeing the "Amero" before the NWO fully kicked in, but if suddenly the IMF becomes the "Federal Reserve" of planet Earth, that'd kinda remove economic sovereignty (at a basic level, at least) away from each nation.

First Globalism, now... Galactism?

I wonder if aliens believe in the free market...

Tuesday, August 19, 2008

Another US Bank to Crumble?

utterz-image
Weee! It's so hard to not be cynical when things just keep getting worse.

So, the above is a screencap of an article capped just moments ago at http://timesonline.co.uk/ and it talks about how an ex-IMF guy (that's International Monetary Fund, not Impossible Mission Force) says that another US bank is about to tank and that the US economic crisis is only half over.

The Fed and the USG have been trying for months (years?) to get this thing under control and this guys says it's only half over?

Half over???

All I feel like saying to that is...

Weeeeee!

(You know, it's like that feeling you get when you're on a roller coaster that is hurling toward the ground!)
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