Posts Tagged ‘IMF’

Bromide Obama: Acid Relief for the Euro-Bankers

April 6, 2009

Another day, another Trillion Dollars. President Obama is a nice guy. Silverwolf loves his generosity as he gives away our money to help our poor banking friends in Germany and France. It’s no wonder the Euro-Socialists were smiling “aux deux oreilles” — unto their two ears, at the conclusion of the G-20 meeting. With a deal like this, who wouldn’t smile.

Basically, Obama and Cardinal Geithner, his chief religious counselor when it comes to the economy (Rev. Wright imparted him with spiritual guidance long ago), and a worthy successor to Cardinals Richelieu and Mazarin, have given the European Central Bank and Trichet an easy out by committing to one Trillion dollars of new aid for the “developing economies”. This means that the Franco-Deutschland banks, won’t have to bite the bullet and eat the losses on their crummy exploitative loans to the up-and-coming in Hungary and Eastern Europa they were cleaning up on recently. The IMF, largely through American largess, will foot the bill, and the Euro-Socialists can go on their merry booze-filled way, giving their peoples all kinds of Socialist goodies once again, while Americans are forced to fight like ants struggling to get to the top of the ant heap, just to compete with the inflation which domestic welfare alone drives upwards. Food and healthcare costs already endanger anyone not on some kind of Socialist program in America, while those who are covered never experience the existential angst of being without any “safetynet” other than what their capital can procure on the no-longer free market. Now, our currency must be further debased because Obama wants to, or is willing to, let the Euros off the hook.

This Obama giveaway led to the Eurosocialist Central Bank not having to cut rates as much as they needed to, as a sop to Euro holders and savers. But of course, the strengthening this will cause in the Euro, if any, will probably be temporary, as their exports become even more uncompetitive in the universal global slowdown. Then they too will have to engage in that beautifully euphemistic phrase, “qualitative easing” — more bank talk for making the public poorer at the expense of the State.

The Socialists of Europe will make a pig’s breakfast of their EC Union, Silverwolf predicts, and it would collapse forthwith if it were not for American subsidies, both militarily to NATO, but now, also economically, through “injection” of IMF and Worldbank Funds.

By the way, if they are giving a Trillion, and China is giving $30 Billion of that, and there are 20 countries in the G20, and quite a few rather small, well, let’s see, if divied equally that would be 50 billion each,… yet if the richest creditor is only giving 30 … well, where is the rest coming from? Gold sales cover roughly a tenth, but who put up the other nine tenths?

Most of it, of course, will come from the future generations of US taxpayers and consumers (known familiarly to the FED members as “cons”, because they can be so easily conned) , either through higher taxes or through inflation. That is, if the American public continues to let itself be collectively fleeced like passive little lambs. But as taxes rise, people become more discontented. And they now know, after the AIG robbery, what is being done with the sweat of their brows. California, for example, has just increased its sales tax, and is shifting its income tax increases solely to the backs of the individual taxpayer, with absolutely no increase on corporations or businesses. At some point, that old Colonial outrage at unjust taxation will kick in, and then the Liberal politicians will see a political backlash that has been growing since the days of Senator Taft (Robert, not William Howard) and the founding of the Libertarian Party, and its philosophical sister-movement in the Republican Party, the Goldwater wing.

In the meantime, Bromide Obama, Helicopter Ben, and Cardinal Geithner will continue to distribute the largess of the American peasantry, as we so industriously slave to keep our Euro-brethren from suffering bank stock losses.

As Reverend Wright taught our new President, You are your Euro-Socialist Brother’s keeper.

Hoooooooooooooooooooooooowwwwwwwwwwwww! — Silverwolf

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President Obama and The Liberal Democrats: Starving the Third World

March 12, 2009

The announcement several days ago by IMF Chief Strauss-Kahn that the world is entering a “Great Recession”, and that the funding arrangements of the world’s more advanced economies will crowd out borrowing by poorer Third World countries, is dire news indeed for the impoverished  of Asia and Africa. The selfish dollar-grab of the Democrats, and their Quisling allies in the Republican Party, like Senators Snowe (job) and Collins, in order to maintain the profligate and self-indulgent lifestyle so many Democratic corporate-welfare parasites have come to enjoy under the Clinton-Bush Socialism, is going to force desperately poor countries like Vietnam and the Philippines to have to offer very high interest rates to attract the capital their governments need. Indeed, it will become impossible,according to the IMF Chief,  as the voracious greed of the Democrats suck up every dollar they can find in the world in order to fund their massive Stimulus Bill, their Bank Bailout Bill, their Farm and Ethanol Subsidies, their Stimulus checks, their auto industry bailouts, their insurance industry bailouts, their Fannie and Freddie bailouts, their ramping up of the war in Afghanistan, their “residual” 50,000 man occupation force in Iraq (of course, honest Obama is withdrawing), and the several hundred-billion dollars Americans are forced to waste each and every year defending the well-fed Socialists of Northern Europe, Japan, and South Korea.

In the rush to grab dollars from anywhere, or print them up and pass the burden on to those fetuses just being born into the slave state of America, the Democrats seem to care little that they are literally going to starve millions of Africans and Asians to death, and drive countless women into prostitution in South East Asia. There seems to be very little concern indeed amongst American Blacks, who like to refer now to themselves as African-Americans, for the actual Africans who are going to starve or go without healthcare, in order than those same American Blacks can continue to receive their benefits. Nor has there been any acknowledgement amongst them that the farm subsidies which the Democratic Party, along with farmbelt Republican Collectivists,  so overwhelmingly support, have been starving African kids to death for decades, by driving local African farmers out of business, due to the Socialist price supports than the American government gives to mostly very wealthy American farmers (according to a USDA publication, the average income of farm subsidy recipients in 2004 was $199,500/yr with 80% of the farmers having incomes above the national average). There seems to be as much solidarity amongst Black people on Planet Earth as there was amongst Whites who called themselves Frenchmen and Germans throughout two world wars. Let’s get over the myth that skin color means much more than skin color.

Silverwolf condemns the callous and murderous selfishness of the Democratic Party, as it starves the poor women and children of Asia and Africa to death.

Do these Democrats have any grain of decency left in them?

Hoooooooooooooooooooooowwwwwwwwwww! — Silverwolf