---------------

The IMF is a fiat ponzi scheme and mirror image of it's brother the Federal Reserve.

It's the same game on a larger scale.

The IMF and World Bank are extortion racketeers.

The names sound so official, do they not?

"The International Monetary Fund"

"The World Bank"

While the Fed appears to be focused primarily looting and destroying the US economy, the IMF and World bank are terrorizing countries writ large with the same scheme.

These entities exchange no real money with anyone.

The simply assign debt, and then demand control over the countries people, resources, and generated wealth.

And just like the Fed, the people never see anything except more debt strapped to their backs, 'austerity measures', extortion and racketeering, and a denigrated lifestyle - while only their corporate welfare masters and sponsored politicians reap any benefits at all.

Just because all the Western 'leadership' organized crime bosses bow down to the IMF and World bank, does not make the IMF any less criminal in nature.

It's just that Western 'leadership' likes to hang with 'their peeps' who are equally as corrupt.

Lion

-------------------

: While we all know the Repug-licans are as evil as the
: Demo-rats it's amazing how much slower their march towards
: a pne world government is.

: If anyone stil thinks the IMF and WTO don't run the roost,
: read on.

: ----------------

: Snip

: Washington: International Monetary Fund chief Christine
: Lagarde might need to get to work perfecting her
: belly-dance.

: The normally reserved head of the global crisis lender
: promised in October to perform for the US Congress if that
: would get it to endorse crucial, much-delayed reforms for
: the Fund.

: "I will do belly-dancing if that's what it takes to get
: the US to ratify," she said.

: But now the Republican victory in Tuesday's US elections has
: likely placed ratification further away -- and she will
: have to work harder to convince the IMF's largest
: shareholder.

: "The change in the US political landscape is not a good
: omen for progress on IMF reforms," said Eswar Prasad,
: a former IMF official.

: Since 2012, the Obama administration has sought to convince
: Republicans in Congress to formally endorse the reform --
: decided in 2010 with US support -- that doubles its
: financial resources and increases slightly the voting power
: in the IMF of emerging economies like China, Russia and
: Brazil.

: As the largest shareholder, the US endorsement is necessary to
: implement the reforms. All other major economies have
: ratified them already.

: But the White House has repeatedly failed to get the
: ratification through Congress, against opposition from
: Republicans.

: Some Republicans have said specifically they do not want to
: increase the influence of China and Russia in the Fund --
: even though the US would remain the dominant IMF power
: after the reforms.

: That leaves the emerging economies increasingly impatient.
: China, the world's second largest economy, only holds 4 per
: cent of the voting rights, barely more than Italy, whose
: economy is one-fifth the size.

: In reaction, in July Brazil, Russia, India, China and South
: Africa joined hands to create their own monetary fund for
: emergency needs.