March 4, 2009

IMF Uses the D-Word

This might be old news, BUT on Febrary 7, 2009 Bloomberg News reporters Angus Whitley and Shamim Adam wrote an article, which stated:

Feb. 7 (Bloomberg) -- Advanced economies are already in a "depression" and the financial crisis may deepen unless the banking system is fixed, International Monetary Fund Managing Director Dominique Strauss-Kahn said.

Why is it in the IMF's interest to use the eye-popping term "depression"? Because their original job description, before being captured by corporate powers, was to bail out entire national economies. The IMF is trying to use shock value to convert the non-believers, like many in the Republican Party, that the unraveling of the economic system is for real.

Meanwhile, Anarchists and Rush Limbaugh are cheering for the failure of the state.

Psssst... Do Something
Sources:

Bloomberg News, IMF Says Advanced Economies Already in Depression, February 7, 2009, Angus Whitley and Shamim Adam.

Bloomberg News, G-7 loses its financial savior status, By Simon Kennedy, February 13, 2009.

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2 comments:

Dusty said...

My brain hurts from all the bullshit fed to us by the MSM, the Rethugs and the financial assholes that brought this upon us.

GDAEman said...

Mine does too... taking long walks helps.