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Another French Statist Named Head of the IMF
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Another French Statist Named Head of the IMF

It’s former French Finance Minister Christine Lagarde first week as the Managing Director of the International Monetary Fund (IMF). She is replacing the former IMF chief Dominique Strauss-Kahn (DSK) who recently resigned after being arrested in New York City for an alleged rape. Shortly after DSK was formally indicted, the IMF began its month-long politicized selection process behind closed doors. In choosing Christine Lagarde to fill the vacant leadership spot, the IMF is merely replacing one French socialist with another.

07/07/2011
Time to End IMF
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Time to End IMF

The head of the International Monetary Fund (IMF) Dominique Strauss-Kahn was arrested in the first-class cabin of an Air France jet bound for Paris on Saturday. The French socialist who is nicknamed the “le grand séducteur” or Great Seducer was charged with attempted rape, unlawful imprisonment and a criminal sex act. A New York grand jury formally indicted him yesterday on seven counts related to the alleged sexual assault of a maid in a fancy $3,000-a-night Midtown Manhattan hotel over the weekend.

05/20/2011
Socialist IMF Head Calls for Global Currency
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Socialist IMF Head Calls for Global Currency

The head of the International Monetary Fund (IMF) Dominique Strauss-Kahn is a member of France’s Socialist Party. As one of the 187 member countries, U.S. taxpayers pay roughly 17 percent of the IMF’s total funding.  Dominique Strauss-Kahn even unsuccessfully ran for president of France on the Socialist ticket in 2007.

02/15/2011