Posts Tagged ‘IMF’
You’re paying for Greece…
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.