[lbo-talk] the money shot

[Wendy Lyon]

On 16 May 2011 20:12, Barry Brooks <durable at earthlink.net> wrote:
> Maybe he is being purged like Eliot Spitzer.
>
> http://wcampaign.org/issue.php?mid=625&v=y
>
> ... do you agree that the revolutionary changes proposed by the IMF managing
> director Dominique Strauss-Kahn to create effective global regulation of
> financial institutions, coordination of government intervention in markets,
> and policies aimed at preventing what he calls the dark side of
> globalization which has increased the gulf between rich and poor, are a sign
> of growing recognition that a sustainable world economy and global stability
> require global coordination, equal economic opportunity and basic needs
> provided for all?

Is there any reason to believe that his proposals for a kindler,
gentler IMF would really serve as an incentive to purge him? Surely
they are just the sort of cosmetic change the institution has been
crying out for to try to repair the damage done to its reputation over
the years. It seems to me that having a "Socialist" (even if they are
PES socialists) at the helm was the best thing that could have
happened to it from a PR perspective. This certainly isn't doing it
any good.

Plus, what Doug said.