Sunday, October 10, 2010

The Dictators of Austerity

“…IMF-imposed austerity runs the real risk of plunging Ireland deeper into depression and deflation.” Financial Times, September 27, 2010.

Austerity measures are being imposed by governments of a number of countries on their populations at the behest of the International Monetary Fund (IMF). The IMF is an unelected, appointed cabal of bankers that is financed by the tax dollars of the people of various countries. The people of these countries supposedly elect democratic governments to run their systems. Therefore, the question has to be asked: Why are their governments taking orders from unelected bankers? Who are these bankers who seem to have power over the peoples elected representatives? Why are these representatives of the people punishing their own people on instructions from the dictators of austerity?

Austerity is being imposed on the people of Greece, Ireland, Spain, Portugal, Iceland and other countries on instructions from the IMF, which raises the question: why bother electing governments if the International Moneychangers are going to dictate policy? And just what is the policy of the IMF? Are they planning some kind of global governance?

“The Group of Twenty ("G-20") nations, the new Financial Stability Board ("FSB"), and the International Monetary Fund ("IMF") are progressing on two fronts: the monitoring and revision of national and regional economic plans to facilitate global economic governance…” [1]

Oh really, the G20 is allowing the IMF “to facilitate global economic governance.” One wonders, how does the taxpayers of all the different countries feel about being “governed” by unelected bankers? And were the people of the countries in the G20 ever asked whether they wanted this scheme for “global governance?” In fact, dare one ask the question: Is this a form of political treason being enacted by some politicians selling out their national sovereignty?
The Managing Director of the IMF is quoted as saying this:

‘I believe the world is ready for a shift to this more “systemic” vision of IMF surveillance.’ [2]

So there you have it an unelected banker believes we are all ready to accept “IMF surveillance.” Many people in the world are starting to believe it is perhaps the bankers who need to be under surveillance. After all, the present financial crisis was caused in part by bankers and financiers peddling useless financial paper and some are even calling it a financial fraud of massive proportions. Then the bankers got bailed out with tax-payers dollars. So if the IMF is into “surveillance” perhaps it should start with taking a hard look at the brotherhood of bankers and central bankers who are running the financial system.

Finally, if it wasn’t so serious, it would be laughable. Did you ever see a bigger financial farce than this? Taxpayers of various countries who finance the IMF and whose taxes pay the bankers wages are being punished by these same unelected dictators of austerity! We are already seeing riots in a number of countries, perhaps the time has come to declare the bankers bankrupt and impose austerity on them. Or as one writer put it bluntly in an article headlined, “IMF Article Predicts New World Order”: “The IMF…[has a] history of reducing middle classes around the world to ruin…” [3]

When one sees the ruin and devastation imposed on the populations of a number of countries one can only agree that these dictators of austerity need to be fired before they do any more damage.

Stephen J. Gray
October 10, 2010.