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Posts Tagged ‘IMF’

Ken Clarke For The IMF? Let’s Examine Dominique Strauss-Kahn’s Package

AS Dominique Strauss-Kahn resings his post at the IMF- and Kenenth Clarke casts an eye over the vacancy and wonder if non-rape rape can be considered a perk of the job – Richard North looks at what the Frenchman leaves behind. And – yep – he really is a socialist:

Démissionné has such a lovely ring to it. With “infinite sadness” DSK feels “compelled” today to present to the Executive Board of the IMF his resignation.

He leaves behind a $441,980-a-year salary, higher than president Barack Obama’s, with the added sweetener of it being entirely tax-free. But struggling Greeks, to say nothing of the Irish and Portuguese, will be devastated to learn that the poor man also gives up the $79,120.00, paid in monthly instalments which, according to his contract, comes “… without any certification or justification by you, to enable you to maintain, in the interests of the Fund, a scale of living appropriate to your position as Managing Director”.

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Posted: 19th, May 2011 | In: Politicians | Comments (6)


Britain Is Iceland-on-Thames, Says Kerry Katona

WHO said:

“With the amount of red ink in the UK budget deficit next year, together with the amount of new liabilities the taxpayer is having to underwrite, we look like Iceland-on-Thames.

“The open question is whether we can get through this without a loan from the IMF.”

Will Hutton – Former editor-in-chief for The Observer

Peter Hitchens – Scowling Mail columnist

Kenneth Clarke – The hush puppy cometh

Alistair Darling – He who must be obeying

Olivier Blanchard – Chief economist at the International Monetary Fun

Kerry Katona – Face of Iceland

Answer…

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Posted: 20th, January 2009 | In: Money | Comment


The Borrowers: The IMF Is Taken Over By Aliens

PROOF that aliens have taken contol of the IMF:

And I have proof; Olivier Blanchard, chief economist at the International Monetary Fund has called upon nations to raise public spending by 2 percent of gross domestic product to combat a global recession, in a complete reversal of all the IMF has ever held dear:

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Posted: 29th, November 2008 | In: Money | Comment (1)


Hand In Hand For The IMF

Don’t panic; it’s our great leader calling for people with money to give some to the IMF so that they can give it to the rather long list of countries buckling at the knees under the weight of the financial catastrophe.

Read on…

Posted: 28th, October 2008 | In: Reviews | Comment


How To MaKe The IMF Sexy

IT’S really hard, but not impossible, particularly when it comes to larger packages


Posted: 18th, October 2008 | In: Reviews | Comment


IMF Orders The Markets Down By 20%

REUTERS is reporting that the IMF’s chief economist Olivier Blanchard has said:

“In a worst-case scenario, governments will need a few more weeks to take the correct measures and the markets could fall another 20 percent. Then, we’ll turn around,”

(Image: Beau Bo D’Or Website)

Just when you think that the IMF couldn’t get worse, they come up with an act of such utter imbecility that I am almost at a loss for words.

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Posted: 11th, October 2008 | In: Money | Comments (18)


Goodbye, Cruel World – The IMF’s Suicide Note

“THE world economy is entering a major downturn in the face of the most dangerous financial shock in mature financial markets since the 1930s,” notes the IMF.

Yes, we’d noticed; can you tell us something new?

The situation is exceptionally uncertain and subject to considerable downside risks.

Yes, we’d noticed that too, but we were hoping for something a little more substantive from the IMF, which, after all, has has shaped policy for decades.

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Posted: 8th, October 2008 | In: Reviews | Comment