Wednesday, December 1, 2010

Brilliant!

"US TO BAILOUT EU" blares the always understated Matt Drudge.

The linked article (http://www.cnbc.com/id/40454469), surprise surprise, does not discuss an American bailout of the EU. Instead, it discusses how the IMF's role in the EU bailout will probably increase in the coming months. Do conservatives now equate the IMF with the US? I thought the IMF was, second to the UN, the best example of America's willingness to cede its God-given dominion over the world to the inevitable New World Order.

As I finish my introductory paragraph, I realize that my argument is less than fully-formed, and is mostly a knee-jerk reaction to Drudge's constant fearmongering. Too bad for you, dear reader. Fortunately, according to blogger's statistics, you, dear reader, do not exist. Too bad for me. Moving on...

It will be interesting to see what happens to the IMF in the coming years. As the recent crashes of Ireland and Portgual's banks and the impending crashes of Spain and California show, the global economic crisis is far from over. Thus far, the IMF's primary role has been lending to developing nations and working as a quasi-think tank on world economic policies. Lending almost a trillion dollars to the Eurozone bailout is a drastic step in a new direction. It has been suggested that the IMF could become involved with the catastrophes that are NY and CA, which would be unfortunate but interesting. I have no idea where I am going with this. More later.

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