Peak Oil
Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

"Toc toc!" "Who is?" "IMF!"

What's on your mind?
General interest discussions, not necessarily related to depletion.
Post a reply

"Toc toc!" "Who is?" "IMF!"

Unread postby Barbara » Wed 02 Jul 2008, 15:03:50

Of course there's nothing on US press:
http://www.spiegel.de/international/wor ... 91,00.html

Spread the voice, my friends: US financial system is now under scrutiny by IMF. Just like Burkina Faso, Argentina and of course... Italy.
:lol:
**no english mothertongue**
--------
Objects in the rear view mirror
are closer than they appear.
Barbara
Heavy Crude
Heavy Crude
 
Posts: 1121
Joined: Wed 26 May 2004, 03:00:00
Location: Zoorope
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby threadbear » Wed 02 Jul 2008, 15:18:52

$this->bbcode_second_pass_quote('Barbara', 'O')f course there's nothing on US press:
http://www.spiegel.de/international/wor ... 91,00.html

Spread the voice, my friends: US financial system is now under scrutiny by IMF. Just like Burkina Faso, Argentina and of course... Italy.
:lol:


The U.S. treasury owns 51% of the IMF, last I looked, so their scrutiny might be done through rose coloured glasses! [smilie=XX3d.gif]
User avatar
threadbear
Expert
Expert
 
Posts: 7577
Joined: Sat 22 Jan 2005, 04:00:00
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby Bas » Wed 02 Jul 2008, 15:28:54

This:

$this->bbcode_second_pass_quote('', 'F')or seven years, US President George W. Bush refused to allow the IMF to conduct its assessment.


stands out for me. I didn't know the IMF has been wanting to do this for years, but in hindsight it doesn't surprise me, as it doesn't surprise me that it hasn't been given much attention/I didn't know about it untill now.
Bas
 
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby FoxV » Wed 02 Jul 2008, 15:48:15

$this->bbcode_second_pass_quote('', 'W')hen the final report on the risks of the US financial system is released in 2010

So that means after the mortgage meltdown, Hedge fund implosions, Banking collapse, Municipal bankruptcies, and Derivatives holocaust, the IMF will come out and proclaim that indeed during the first part of the decade the US financial system was in fact unstable.

With leaders such as these in charge of our future, it almost makes me want to find religion.
FoxV
Heavy Crude
Heavy Crude
 
Posts: 1321
Joined: Wed 02 Mar 2005, 04:00:00
Location: Canada
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby Concerned » Wed 02 Jul 2008, 17:10:34

$this->bbcode_second_pass_quote('FoxV', '')$this->bbcode_second_pass_quote('', 'W')hen the final report on the risks of the US financial system is released in 2010

So that means after the mortgage meltdown, Hedge fund implosions, Banking collapse, Municipal bankruptcies, and Derivatives holocaust, the IMF will come out and proclaim that indeed during the first part of the decade the US financial system was in fact unstable.

With leaders such as these in charge of our future, it almost makes me want to find religion.


Lets not forget they stopped reporting M3 money supply growth.

It's so corrupt, great article on counterpunch.com yesterday on a few reasons why we are in the bad state we are in. Basically labor pays taxes but the big end of town feels no such mutual obligation.

http://www.counterpunch.com/whitney07012008.html
"Once the game is over, the king and the pawn go back in the same box."
-Italian Proverb
User avatar
Concerned
Heavy Crude
Heavy Crude
 
Posts: 1571
Joined: Thu 23 Sep 2004, 03:00:00
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby CarlosFerreira » Wed 02 Jul 2008, 18:55:06

$this->bbcode_second_pass_quote('FoxV', '')$this->bbcode_second_pass_quote('', 'W')hen the final report on the risks of the US financial system is released in 2010

So that means after the mortgage meltdown, Hedge fund implosions, Banking collapse, Municipal bankruptcies, and Derivatives holocaust, the IMF will come out and proclaim that indeed during the first part of the decade the US financial system was in fact unstable.

With leaders such as these in charge of our future, it almost makes me want to find religion.


Same here! After all has gone mad and there's been a wide contagion everywhere, they will say it was predictable. And everyone will nod and say "Oh, how can they now?" Come on! You can't go around bullying countries whenever there's a problem, make them convert their economies to suit an agenda, and then force your own bullies to turn a blind eye on you! If that's true, and Bush forced the IMF to compromise in only putting results by the time this administration has bailed out, it is a flagrant abuse of power.

Not that any of this can have a solid impact on the problems caused by the soaring oil prices, but America and the whole world need this lot of financial trash disposed of.
CarlosFerreira
Tar Sands
Tar Sands
 
Posts: 734
Joined: Wed 02 Jul 2008, 03:00:00
Location: Canterbury, UK
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby MrBill » Thu 03 Jul 2008, 02:29:11

A weak US dollar affects all nations through the transmission of inflationary forces caused by high energy and commodity prices denominated in US dollars. Therefore, it is within the IMF's mandate to make policy recommendations with regards to the US' fiscal and monetary policies as well as address global imbalances caused by the US' current account deficits that threaten global financial stability.

$this->bbcode_second_pass_quote('', 'A')ll powers of the IMF are vested in its Board of Governors, on which all member states are represented. Each member state appoints one governor and one alternate governor, who may vote when the principal governor is absent. A government customarily appoints its minister of finance, the president of its central bank, or another high-ranking official as its governor. For example, in December 2002, the United States governor was Secretary of the Treasury Paul O'Neill, and the alternate, Federal Reserve Board Chairman Alan Greenspan.

The principle that applies in most international bodies—one nation, one vote—does not apply in the IMF Board of Governors. Multiple votes are assigned to IMF member states, more votes being assigned to those subscribing larger quotas to the Fund's resources. Each member has 250 votes plus 1 additional vote for each SDR 100,000 of its quota. (The SDR is an international reserve asset created by the Fund. See section F.) The total number of votes of all IMF members was 2,172,621 on 12 December 2002, of which the United States held about 17.1%, Germany and Japan about 6% each, and the United Kingdom and France about 5% each.



source: IMF Structure

Good Governance for the IMF/World Bank
IMF Organizational Chart


The OECD, other supranational organizations and central banks around the world, including the BIS, have also publicly called on the USA to address its current account deficits (and weak dollar policy) over the past several years.
The organized state is a wonderful invention whereby everyone can live at someone else's expense.
User avatar
MrBill
Expert
Expert
 
Posts: 5630
Joined: Thu 15 Sep 2005, 03:00:00
Location: Eurasia
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby paimei01 » Thu 03 Jul 2008, 04:00:31

NWO is here. Who are these international things hovering above our planet and giving orders ? Were they born in the "International" country ?
I am for the disappearance of all borders, but also for the disappearance of all governments and EU, NATO, UN, IMF, World Bank
Back to the pit of hell from where the came ! :)

What ? The Russians will invade ? They don't have anything better to do and want to turn all of us into slaves ?
We already are slaves, and I prefer a honest enemy to all this that is today
http://paimei01.blogspot.com/
One day there will be so many houses, that people will be bored and will go live in tents. "Why are you living in tents ? Are there not enough homes ?" "Yes there are, but we play this Economy game". Now it's "Crisis" time !Too many houses! Yes, we are insane!
paimei01
Tar Sands
Tar Sands
 
Posts: 539
Joined: Tue 27 Feb 2007, 04:00:00
Location: Romania
Top

Re: "Toc toc!" "Who is?" "IMF!"

Unread postby dukey » Thu 03 Jul 2008, 11:25:36

lol .........

The IMF and the Federal Reserve are run by the same people.
User avatar
dukey
Intermediate Crude
Intermediate Crude
 
Posts: 2248
Joined: Sun 20 Feb 2005, 04:00:00
Top
Post a reply

Return to Open Topic Discussion

Who is online

Users browsing this forum: No registered users and 2 guests