tagged w/ IMF
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Max joins Alex to discuss how all this madness started in Greece and who is to blame for it.Max joins Alex to discuss how all this madness started in Greece and who is to blame... more
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by Tom Mellen
Greek power company chiefs told citizens to prepare for longer power cuts today as employees maintained an open-ended anti-austerity strike for the fifth consecutive day.
Public Power Corporation (DEH) bosses warned that the blackouts "will be of longer duration" because the action by organised employees has now forced about 4,770 megawatts of capacity offline - around 4 per cent of the company's capacity.
Power blackouts are now being implemented between 11am and 4pm in mainland Greece, between 8.30pm and 10.30pm on Crete and between 7.30pm and 10.30pm on Rhodes.
The Genop-DEH union kicked off the open-ended action on Monday in a bid to prevent the unpopular government going ahead with plans to sell its controlling stake in the utility.
The sell-off is part of a €50 billion (£44bn) privatisation drive that the Papandreou administration's European Union and International Monetary Fund creditors have foisted on the country.
DEH bosses have filed a legal request for the strike to be declared illegal which, if approved, would force staff to return to work.
MPs are scheduled to vote on the DEH sell-off as well as a related €28bn (£25bn) "mid-term programme" by Thursday.
Members of Greece's two major umbrella unions, the General Confederation of Workers of Greece (GSEE) and the Civil Servants' Confederation (ADEDY), will ramp up pressure on MPs by joining their GENOP-DEH allies on the picket lines on Tuesday and Wednesday.
The GSEE said in a statement that it "rejects the Mid-Term programme" and expects ministers to "implement and respect collective labour agreements and halt the sell-off of public utilities and other state-owned assets."
In a separate announcement ADEDY accused the government and the EU, IMF and European Central Bank of "following a destructive path for workers and society" and called on civil servants to participate in the strike mobilisation.
The action will hit all government agencies, including public transport and domestic and international flights.
http://figrd.blogspot.comby Tom Mellen
Greek power company chiefs told citizens to prepare for longer... more
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In the International Monetary Fund’s latest assessment of the US economy, the IMF warns America that it is “playing with fire” unless it makes some immediate changes.
In April the IMF predicted that the US gross domestic product would grow only a meager 2.8 percent in 2011. Now only two months later, the global lender forecasts that growth will be more along the lines of 2.5 percent. They also estimate that growth in 2012 will only come at around 2.7 percent, compared to the 2.9 prediction they issued earlier this year.
Read more and watch video here:
http://www.politicalfailblog.com/2011/06/imf-and-greenspan-predict-gloom-for-us.html?utm_source=BP_recentIn the International Monetary Fund’s latest assessment of the US economy, the... more
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The International Monetary Fund said that it is investigating a recent hacker attack on its computer systems. According to the Fund’s spokesman, David Hawley, the fund is now fully functional.
The IMF informed its staff of the attack on Wednesday, but no public announcement was made, The New York Times reported on Saturday. The newspaper cited officials as saying that the attack was large and sophisticated, leading to a major breach.
Read more:
http://www.politicalfailblog.com/2011/06/major-breach-of-imf-security-as-hackers.htmlThe International Monetary Fund said that it is investigating a recent hacker attack... more
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The Spanish and other Europeans are currently protesting IMF austerity measures. The Spanish riot police have vicously beat peaceful protesters and much of this is not covered by the mainstream American media.The Spanish and other Europeans are currently protesting IMF austerity measures. The... more
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The International Monetary Fund’s future leadership should reflect the growing clout of emerging economiesThe International Monetary Fund’s future leadership should reflect the growing... more
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A judge granted former International Monetary Fund (IMF) chief Dominique Strauss-Kahn bail on Thursday afternoon. He will post $1 million as part of the agreement and remain confined to his wife's New York City apartment around-the-clock with electronic monitoring. Strauss-Kahn also had to provide $5 million in collateral.
Video and more here:
http://www.politicalfailblog.com/2011/05/strauss-kahn-indicted-granted-bail.htmlA judge granted former International Monetary Fund (IMF) chief Dominique Strauss-Kahn... more
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Pat Buchanan on the sex scandal surrounding IMF director Dominique Strauss-Kahn:
“Good news for Sarkozy, he’s out of the IMF, but more important, this is going to bring a focus on the IMF, which through the back door has been putting the American taxpayers on the hook to bail out Greece and Ireland and those European countries which are in fact bailouts of those European banks. And Ron Paul is right on top of this, and, Joe, I see this as bringing the IMF, at this critical point, when the bailouts in Europe are in big trouble, it is put a limelight on the one institution other than the European Central Bank, which is baling out these European countries and banks.”
Video Here:
http://www.politicalfailblog.com/2011/05/pat-buchanan-imf-sex-scandal-bad-day.htmlPat Buchanan on the sex scandal surrounding IMF director Dominique Strauss-Kahn:... more
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NEW YORK (Hollywood Today) 5/16/11 – World Money boss Dominique Strauss-Kahn could not even get bail as he was determined a “flight risk” by a New York judge – not surprising as he was pulled off a flight to France which he sped to without even taking his cell phone from the $3,000 hotel suite where he allegedly sexually assaulted a maid.
In what increasingly looks like a “Law & Order: Special Victims Unit” two-part episode, the real SVU has had a rape kit done on the woman and DNA evidence was found. Blood on the sheets found at his suite at the Sofitel Hotel support her claims of sexual assault.
Crime scene investigators found additional evidence at the scene, removing fibers and DNA and swaths of carpet and fabric from the suite for further forensic testing, sources said.
Strauss-Kahn appeared Monday in a New York City courtroom, where prosecutors said the IMF chief may have engaged in similar behavior in the past and should be considered a flight risk. Defense attorney Benjamin Brafman, who handles celebrities like P. Diddy, said Strauss-Kahn denies all charges against him.
A Manhattan judge ruled that Strauss-Kahn must remain jailed at least until his next court hearing — slated for May 20 — for attempted rape and other charges.
http://www.hollywoodtoday.net/2011/05/16/no-bail-for-imf-head-french-presidential-favorite-and-rape-defendant-strauss-kahn/NEW YORK (Hollywood Today) 5/16/11 – World Money boss Dominique Strauss-Kahn... more
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We're taking a daily look at some of the most popular stories from the Current community, and we've rounded up some highlights to share. Check them out and add your two cents:
IMF Head Charged with Raping Hotel MaidSubmitted by Dagum
The head of the IMF has been charged with the attempted rape of a hotel maid.
The incident is alleged to have happened in Mr Strauss-Kahn's luxury suite at the Sofitel hotel, not far from Manhattan's Times Square.
A 32-year-old maid told authorities she was attacked when she went into clean the room.
Stephen Hawking dismisses idea of a universal creator, calls heaven a ‘fairy story’Submitted by unimatrix0
British scientist Stephen Hawking has dismissed the idea of heaven or a universal creator, saying that the idea of a deity has no place in theories on the creation of the Universe, in light of recent developments in physics.
"I regard the brain as a computer which will stop working when its components fail. There is no heaven or afterlife for broken down computers; that is a fairy story for people afraid of the dark."
Self-renewing human lung stem cell discoveredSubmitted by onemalefla
For the first time, self-renewing lung stem cells have been identified, offering a possible clues for treating chronic lung conditions.
"The discovery of this stem cell has the potential to offer those who suffer from chronic lung diseases a totally novel treatment option by regenerating or repairing damaged areas of the lung."
Join the discussion -- or head over to the News group for more popular stories from the community.We're taking a daily look at some of the most popular stories from the... more
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For a leftwing French presidential hopeful trying to prove he didn't like bling, room 2806 of the Sofitel hotel near Manhattan's Times Square was luxurious. For $3,000 (£1,850) a night, it boasted a foyer, conference room, living room, bedroom and bathroom. But the size of the suite compounded the brutality of the alleged assault on the hotel maid who described being dragged from room to room in a violent sex attack by one of the most important men in the world economy.
http://www.politicalfailblog.com/2011/05/dominique-strauss-kahn-from-3000-night.htmlFor a leftwing French presidential hopeful trying to prove he didn't like bling,... more
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Just another classy banker, AND he looks like a Bond villain.
I.M.F. Head Is Arrested and Accused of Sexual AttackJust another classy banker, AND he looks like a Bond villain.
I.M.F. Head Is... more
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There seems to be strong consensus - at least outside of the US and Britain - that the IMF (International Monetary Fund) is a protection racket. Here is the Wikipedia definition of protection racket:
An extortion scheme whereby a criminal group or individual coerces other less powerful entities to pay money, allegedly for protection services against external threats (usually violence or property damage). Many racketeers will coerce potential clients into buying protection through property damage or other harassment. In some cases, the racketeers do little to protect the client from other predators, and their "protection" is little more than extortion.
Another way to think of it is an offer you can't refuse. Although I didn't realize it at the time, the Mafia and protection rackets were an integral part of my childhood in Milwaukee. Back then I thought it was normal for disk jockeys to get free meals at fancy Italian restaurants (someone with Mafia credentials was repaying my father for promoting an Italian accordion player on his show). I also assumed it was normal for Italians to bury their dead in lye in back alleys and abandoned warehouses.
This is how the IMF protection scam works:
http://www.politicalfailblog.com/2011/05/imf-protection-racket.htmlThere seems to be strong consensus - at least outside of the US and Britain - that the... more
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There seems to be strong consensus - at least outside of the US and Britain - that the IMF (International Monetary Fund) is a protection racket. Here is the Wikipedia definition of protection racket:
An extortion scheme whereby a criminal group or individual coerces other less powerful entities to pay money, allegedly for protection services against external threats (usually violence or property damage). Many racketeers will coerce potential clients into buying protection through property damage or other harassment. In some cases, the racketeers do little to protect the client from other predators, and their "protection" is little more than extortion.
Another way to think of it is an offer you can't refuse. Although I didn't realize it at the time, the Mafia and protection rackets were an integral part of my childhood in Milwaukee. Back then I thought it was normal for disk jockeys to get free meals at fancy Italian restaurants (someone with Mafia credentials was repaying my father for promoting an Italian accordion player on his show). I also assumed it was normal for Italians to bury their dead in lye in back alleys and abandoned warehouses.
This is how the IMF protection scam works:
http://www.politicalfailblog.com/2011/05/imf-protection-racket.htmlThere seems to be strong consensus - at least outside of the US and Britain - that the... more
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What terrorist advances the causes of empires?… Except for cheap and untraceable foreign state terrorists for hire. That is the mission of Al Qaeda. To hire cheap impoverished people who are ready to die for their beliefs. Except that they died for America’s interests. What luck America has… and it must be because of God, because it says so on the dollar bill...What terrorist advances the causes of empires?… Except for cheap and... more
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In addition to Rachel's observations:
When bin Laden talked about what he was doing and why, he was always talking about money. Even at times you really would not expect him to be so money focused, he talked about money. Money is always how he explained what he was doing and what he and al Qaeda were trying to accomplish.
http://www.msnbc.msn.com/id/26315908/vp/42889180#42889180
This from RT:
- More speculation has been raised on the reasons for NATO's intervention in Libya. As RT's Laura Emmett reports, the organization may have been trying to prevent Gaddafi from burying the American buck.
News Reporting on RT:
http://www.youtube.com/watch?v=GuqZfaj34nc
Which begs the observation:
The reasons the people in leadership positions around the world fight each other is not being fully shared with the people who do the fighting.
Why?
..In addition to Rachel's observations:
When bin Laden talked about what he was... more
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