Comments for The IMF Has "a long history of stabilizing economies and solving global financial problems"? at http://www.cepr.net , comment 1 to 8 out of 8 comments http://www.cepr.net Wed, 22 May 2013 15:21:21 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-269 [b]This Is Just To Say[/b] I have consumed the funds that were in your account and which you were probably saving for retirement Forgive me market discipline so sweet (for me) and so cold (for you) - William Conservative Williams Mon, 26 Apr 2010 13:58:50 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-228 Until we asphyxiate the rentier class, these problems will continue. Keynes' idea, not mine. - purple Sat, 24 Apr 2010 22:07:37 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-227 Your point with the Post is well taken. This seems like verbatim coverage of an IMF economists report. Sloppy, alarmist and misleading. Whether you like WaPo's politics or not, this was high school journalism. The IMF is a counter-cyclical, doomsday tweet. Mass worldwide un-employment and the best this ignorant bunch of elitists can suggest is for humans to work more and longer? For this advice I have a grandfather. [quote][url]http://www.washingtonpost.com/wp-dyn/content/article/2010/04/23/AR2010042305258_2.html?nav=hcmodule&sid=ST2010042306038[/url]The IMF is studying issues...to make "consolidation" as painless as possible. But it views a longer working life as an important tool.[/quote] Let's start with the IMF economists, who can retire to a picturesque Kentucky coal mine town and begin an "longer" work life. - Larry Signor Sat, 24 Apr 2010 16:20:25 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-226 "It brings to mind John Kenneth Galbraith’s definition of a newspaper columnist as a person obliged to find significance three times a week in events of absolutely no consequence." - Scott ffolliott Sat, 24 Apr 2010 15:31:25 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-225 Read John Perkins book: "I was an economic hitman." The IMF is the arm of neoliberalism that cascades a country into chaos whereby multi national corporations can come in and set their own usurious terms and conditions on a country. - mmckinl Sat, 24 Apr 2010 14:55:24 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-223 For the past fifteen years or so I have been reading horror stories about what happens to a country's citizens and its commonweal when the government decides to accept the terms and conditions imposed when borrowing from the IMF. So I was floored when I read last week that the IMF was proposing that the U.S. institute a financial transaction tax, as well as reducing the value of the dollar - both of which I agree with. As for the drastic reductions in spending they propose, here I smell a rat. I do not trust congress to cut much of anything but spending on social services - certainly no appreciable amount from the gluttonous DOD - especially when commissions peopled by millionaires and billionaires have been given the task of identifying budget cuts and proposing the enacting legislation (which congress must accept with no amendments). Insisting on saving federal money by "revamping" Social Security and "reorganizing" Medicare and Medicaid, but leaving in place the operating theory of trickle-down economics and a corrupt compensation system for the players on Wall Street, is entirely unacceptable. - Queen of Sheba Sat, 24 Apr 2010 11:18:17 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-220 WELL-KNOWN ECONOMIST SUPPORTS FAT "The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available, with a view to mitigating the predominance of speculation over enterprise in the United States." [Ch. 12] - skeptonomist Sat, 24 Apr 2010 04:16:32 +0100 http://www.cepr.net/index.php/beat-the-press/the-imf-has-qa-long-history-of-stabilizing-economies-and-solving-global-financial-problemsq/#comment-217 OMG ROFLMAO It's the Magnus Opus Of the master puppeteer Pulling the strings Behind the curtain Fusing macro and micro Just to make certain It's about redistribution Not seeds of capital nutrition Who would have known From whence the trickle came Once from innovation Now from socialization Out damn spot Out I say Not another dime For others to pay For welfare states Rolling in the hay Either push the wagon Or get out of the way Stupid liberals - izzatzo Sat, 24 Apr 2010 03:40:03 +0100