The IMF are interest in helping Greece manage its crazy credit card into something they can live with.

The alternative is what? Cut up the credit card and apply for another one?

John

I think you’re oversimplifying things a bit. The IMF would like to keep Greece in its death grip so they can suck every last penny out of it. They will then buy up national assets across the EU and consolidate most goods and services into a central hub. It’s happening right now. It’s called communism. We’re repeating history don’t ye know.

john …
The Euro is based solely on French and German econometrics – and they are the first two to break the 3% budget limitations ….
Every society is constructed economically differently …
For example there are summers where you might need the opil on in Ireland but you would never have that expense in the Mediterranean,..
The one size fits all is ridiculous – it cannot work for a European society and that which does not serve society gets destroyed by society …..
How can the same currency be used in a region where in Ireland the minimum wage is cc. 9 euro and in the Ukraine (Not yet a member but trying to be ) it is 44 c.
It is impossible to balance and impossible to control – and then add the criminal activity within the Eurozone where vast swathes of the currency gets buried in holes or laundered out of the region etc.
Maslowe is never mentioned because Maslowe based his theory on need and not greed ….
it is time to begin with Maslowe again …..
Here’s just a completely different way of looking at things just to expand rather than define , but what if the inflation in each country , or indeed the budget ratios be linked to % population growth in the previous year … Young expanding countries needing more than established more sedate countries – a simple idea but a completely different way of organising a State’s finances ..
Thee old system is a medieval circus of oppression ……

Where do the I.M.F. get their wealth from – they get it from not paying a fair share of corporate tax ..
So what you have is tax-dodgers deciding the futures of the tax compliant – you could get away with that in the days of newspapers and radios and poor education – but that is changing ….

If you think the majority of Greeks have ever been tax compliant you misunderstand Greece.

Syriza in gov, all going according to IMF wishes

I wasn’t referring to the Greeks john – I was talking about the money or guarantors behind the I.M.F. – THE Davos crew perhaps or the Bilderbergs even ….

I always think of money as grain and a bank as a granary – too much grain is waste as it rots and if you don’t clan out the granary every year then nests of rats or disease build up ruining the next years store …
A proper and fir tax system is the best way to keep banks/finances “clean ” – in the analogy given …

Folks its not the IMF who are the enemy its the ECB. The ECB are doing a very good job at deflecting the issue onto the IMF. Remember is was the ECB who let Greece cook their books so they could join the Euro…..

Kerry,

both of them are, heard on newstalk that while people were quite rightly slating Goldman Sachs infested ECB, the IMF had actually imposed stricter rates on us. The IMF were notorious for keeping Africa in chains. With this recession, the world banksters have managed to shackle their last prize, the west. Now we are in debt bondage to off-shore banks, the real “Chosen Ones” culprits behind it all.

Warning …debt is sometimes in the form of bearer bonds – no bearer – no bond !
That is something many people forget ….

WarningBeaconsofEire reference to “chosen ones” is typical of the not too subtle anti-Semitic nature of his comments.

IMF should be ready to negotiate on Greece’s terms. The PIGS need to join together and say enough is enough and now we’ll work on our terms.

@ Dermot: The IMF is a fund in which member countries pay into, sort of like income insurance for countries:

“Most resources for IMF loans are provided by member countries, primarily through their payment of quotas. Borrowing provides a temporary supplement to quota resources and has played a critical role in enabling the Fund to meet members’ needs for financial support during the global economic crisis. Concessional lending and debt relief for low-income countries are financed through separate contribution-based trust funds.”

Source: http://www.imf.org/external/np/exr/facts/finfac.htm

They haven’t survived the last 7 years only to drop the ball now, you bet your ass the EU and IMF will do a deal with Greece! I Wonder what would happen if SF won our next election…

Dermot, the IMF, get their funds from companies paying corporate tax… The International Monetary Fund. Really?

Fair enough Ryan ,
But answer me this then if you can …..
Why did we have to go around all the countries and beg for the oppressive loans to be paid of early ? Why couldn’t Legarde make this decision …
Is the I.M..F more democratically oppressive than the E.C.B. ?

And it was fierce nice of Sweden to agree after we sent soldiers on some sort of training crap with them – what was that about and what triple lock was there ? – digressing so rhetorical …

Anthony,

keep up the false accusations and have people banned like you did yesterday, revealing your inability to make an argument and lose the debate. Either way, whatever you have to say, I support your right to say it, and I can easily and have easily demolished it, which is why your follow me around like a fruitcake because someone beat your argument, ye lunatic.

Mme. Lagarde, vous ette coupable. As former french finance minister she is repsonsible for policy implementation to protect bnp and other large banks like goldman sachs while Greek people lose their homes their jobs. And rewarded w/ top job at imf while goldman sachs ceo dragi moved over to run the ecb and print more free money for the banks.

Jenni …
where are the cash reserves or is it all promissory notes ?
Do they issue bonds – to rich individuals – let’s say farm out our 6% loans to rich individuals at 4% ?
Who audits them ?
They are big on reputation but not so hot on transparency …..

Anthony Lang, Do you have the faintest idea of silly you sound, there has not been a single head of the Fed that was not Jewish ? No one is taking them to task for discrimination and racism in the workplace, your support of racism is not, as you seem to think, a laudable vice.

Dermot, the purpose of Eu expansion in Eastern Eu States and Ukraine is to cut the cost of production for Western Eu based manufacturing companies. Also providing low cost food stuffs to multinational supermarkets/food companies.

It’s frightening how little the troika know about economics….. Their stupidity kind of remind me of Louis the 14th and Tzar Nicholas.

WarningBeaconsofEire, still can’t stop your anti-Semitic remarks at every opportunity.

When you owe the bank a million you are in trouble , but when you owe the bank 200 billion – they are in trouble …
Enda doesn’t understand the strength of this positio0n or has other reasons for ignoring it ..
Ignorance of the Law is no excuse – even for a Taoiseach – or former Taoiseach as they usually become !

The reason why he is so compliant with Germany’s demands is that he wants a big fat European job when we finally kick him out.

Other reasons like a job in the EU with one of their fat pensions to top up his multiple Irish ones.

Don’t think they can default the IMF

I think Argentina did

Imagine if bellenda borrowed a set of balls..he could have round table discussions with greece..portugal..spain and italy..strength in numbers.

And advice from Iceland !

Kieran, enda is part of merkel’s EPP. this means fg will oppose any debt relief for greece.

Kieran, enda k is part of merkel’s epp. This means fg will oppose debt relief for greece.

Of course. They orchestrated the boom and they have orchestrated the bust, till now at least. I wonder have they a plan in place to deal with the Greek upset though? Time will tell I suppose. If one examines countries with previous imf involvement, then it’s a country that’s in for a rough few years ahead.

The result of this election would have been known months in advance …. there is a very real possibility that this greek dawn will be a “red cent more ” Shenanigan ….
We voted in Labour as our Socialist heroes – look how they turned out – the Loony Left indeed !
Still as with all things time will tell !

I do not disagree one bit Beacons ..
I love your name .
A friend of mine did a topographical survey of Connacht and mapped the sites of the beacons ..
I wasn’t too impressed that The festival od the lights was postponed last year was really looking forward to going – and the summer we had – ah well such is the way of things .

Perhaps they are worried about the cost of humanitarian aid and restoring peace if the new Greek government decides to gamble their country on an objective they have no reason to have any confidence in other than naivete.

And I wonder who is going to blink first?

Who said it was free? I thought the Euro and membership of the eu was meant to bring stability and prosperity to its members. What we got instead was unelected bureaucrats installing technocrats and ramming treatys down our throats, the best that they can do is inflict chaos on Europe’s citizens, at what point do you say it’s not working. How bad does it have to get, were selling off all our assets to whoever has cash to pay off Anglos and nationwides debts.

I thought the EU was a democarcy and fair union where everyone has a say not run like a mafia where the most powerful call in the heavies when anyone steps outta line……funny that as well

Thomas Newell, due to massive corruption in the EU, there has been no audit in more than a decade.

You should see all her broaches, they look like Damien’s birth mark lol.

It be the demon huntin’ season boyas !

Caught in a debt slide
No escape from fiscality
Open your gob
Enda ya nob
and see ……..