Thursday, April 2, 2009

G20 To Call For Doubling of IMF Budget…

“The members of the G20 are likely to call for at least a doubling of the International Monetary Fund's budget, if not more, UK Chancellor of the Exchequer Alistair Darling told CNBC Thursday.”

Again, where does the IMF get this “money?"

Note Mr. Darling’s words towards the end where he says that they need to “help developing and emerging countries.”

Please allow me to translate… We are printing money from thin air. You cannot do the same, we make the rules and we make the money. We are going to lend money to countries, DEBT, so that we will control their people and their natural resources, enslaving them and using them to beat down other countries who get too high and mighty.

I think that about sums it up. Oh, and bubbles and never ending growth – Bankers rule!

G20 To Call For Doubling of IMF Budget – CNBC (4 minutes):