Saturday, 21 July 2012

IMF - CORRUPT? SHURELY NOT.

I left a comment on Douglas Carswell's blog this morning regarding corruption of those with power. Needless to say, he didn't publish it. I get fewer and fewer of my comments published these days. Seems they don't want the truth about "touchy" subjects like corruption in organisations like the UN, the EU, bankers, corporations, the British Government, local councils, immigration, the rise of radical Islam in the West or the democratic deficit in England.

So when this post appeared just now from Zerohedge, I wasn't shocked or angry. Like most of you, I've become immune from it all. Expecting Bliar to answer for an illegal war or Brown to answer for a ruined economy is far too much to hope for. Not only are our "elite" rotten to the core but also it seem's have now become so omnipotent that they don't have to answer for their crimes, least of all to us. So when, every now again, somebody with a conscience pops up and says "I'm ashamed to have been part of this".. it's actually quite refreshing. To hope that anything will happen as a consequence, is downright delusional.


Scandal At The IMF: Senior Economist Resigns, Says "Ashamed To Have Had Any Association With Fund At All"



"The rats everywhere are now jumping furiously off the titanic, but few had taken the time to write a letter explaining in detail just how cracked and broken the hull really was. This has now changed, with the departure of Peter Doyle, formerly a division chief in the IMF’s European Department responsible for non-crisis countries and currently an adviser to the Fund. Not content with quietly slinking off the scandal ridden organization which has become the butt of all jokes in the international community, where humor about Lagarde's Louis Vuitton panhandling bag is as pervasive as punchlines about just how incompetent the organization is at actually doing its duty, Doyle has penned the following scathing letter which tears down every myth about the IMF: from its impartiality, to the selection process of its head, to its effectiveness. The letter also contains the following gem: "After twenty years of service, I am ashamed to have had any association with the Fund at all." Pretty much says it all. This is a scandal in the making, and one which may shake to the core the credibility of the IMF in the context of international organization"

LETTER AT ZEROHEDGE

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