IMF: Turning Crises Into Opportunity

IMF's Lagarde Says Clock Ticking for U.S., European Policy Makers on Debt ... Christine Lagarde (left), the new head of the International Monetary Fund, urged U.S. policy makers to quickly agree on a fiscal plan and avoid default, while warning Europeans that they are also under pressure to implement their own measures to alleviate the debt crisis. ... The former French finance minister hinted that she may seek more money for the IMF. The decision by the group of 20 nations in 2009 to triple IMF resources "was exactly the right move," she said. "The question is do we still have the level of resources that is now needed and appropriate to address the crises?" – Bloomberg

Dominant Social Theme: With a little more money the IMF can fix all.

Free-Market Analysis: We have been predicting in these humble pages that the current crises sweeping through the world's financial marts would be used to galvanize support for an even greater consolidation of globalist power. And now, here comes Christine Lagarde, speaking at the Council on Foreign Relations, warning not only America's "wise leaders" to get their financial house in order, but also the Europeans too. She truly speaks to all nations with a very authoritarian voice.

Lagarde is wasting no time in positioning the IMF as the ultimate provider of wisdom and understanding – the ideal institution to help lead the world forward. As she winds her way through her performance, we envision a crowd of CFR attendee's swooning to-and-fro in gleeful unison, machinating how to advance the new world order. Oh how much more pleasant she is at this than DSK! (Sarcasm off.)

The reality of the global financial turmoil that has everyone's attention right now, and deservedly so, is NOT going to be fixed as long as we-the-people continue to give these "wise leaders" the license to oppose the laws of nature. It is the inconsistencies associated with econometrics and central planning, which run counter to the basic operating systems that drive individuals and communal realtionships generally.

People make billions and billions, perhaps trillions and trillions, of decisions each and everyday about a whole host of things that affect their lives. The totality of all these decisions shapes the overall environment around us. And the closer the decision maker is to the ultimate effect of the actual decision being made, the more likely the individual will choose a course that best represents his or her interest.

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