Time for Thorns

An independent view on life.

Posts Tagged ‘IMF

You’re paying for Greece…

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Sen.  Jim DeMint has a  stunning piece in the Daily Caller about the 17% of the International Monetary Fund which is funded by  American taxpayers.   Had the Senate passed DeMint’s amendment a year ago,  the IMF wouldn’t be allowed to use our money to bail out Greece and foreign bankers.

Andrew Stuttaford  disagrees,   finding IMF’s survival critical to the global economy.    Michael Franc and Heritage Foundation’s J. D. Foster  don’t concur.

By my lights,  the IMF is just another in a long list of “international” and “global” agencies and groups which exist to serve the well-connected people and governments,  and at best only adds to the economic misery of their citizens.

Written by timeforthorns

May 6, 2010 at 7:32 pm

Posted in Uncategorized

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