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Today's Nuze

"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand

Nobody's listening.

IS NOW THE TIME TO BE LOANING MONEY?

By
Neal Boortz
@ May 21, 2009 8:31 AM
Permalink | Comments (14) | TrackBacks (0)

Obama wants Congress to authorize another measly $100 billion to loan to the International Monetary Fund. Why does the IMF need the money? To create a $500 billion global bailout fund.

Just what we need ... because our own domestic bailout is working oh-so well. We're going to run record deficits until your grandchildren have grandchildren thanks to PrezBO .. so why not spread some of your Grandchildren's wealth to the entire world? Aren't you just loving the change?



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What others are saying

  • Ouch
    Like Boortz said before....What's a bigger threat to the United States? - The taliban or the democratic party.
  • Joe
    NZ
    Joyce - Maybe it's because you have to be a CITIZEN to receive benefits there.
    By JoeShmoe

    What a concept! Think we could try that here? I hear California spends $13BILLION on their illegals....
  • Screw the IMF
    What the F@#$! Where is the money coming from? They have none except that they steal form us. Freaking house of cards. And lets give it to some SOB's who hate us anyways. And by the way China wants bonds only that we have to back up NFW!!!!
  • NZ
    Joyce - Maybe it's because you have to be a CITIZEN to receive benefits there.
  • Change?
    Obama promised change, but unfortunately he meant taking all of ours.
  • CowboyUp
    You can't compare $100 Billion to military units of spending. Liberals don't understand that. You need to compare it in terms of how many bags of crack, or how many welfare checks that is.
  • NZ
    New Zealand is partially socialist, they have universal health care, universal college education AND new mommas get PAID TIME off for a long time!!! But they have no illegal aliens..... hmmm might have a point there.
  • Ha! I saw this coming.
    He will bleed us dry propping up 3rd world socialist dictators who are themselves the greatest barrier to their people's freedom and prosperity.

    $100 billion is 1000 F-22s, or 3 complete carrier battle groups.
  • Ivan
    That's why Kuhn, Loeb, & Company are part of the Federal Reserve Board. They are the expanding power into the international banking community. Bilderberg is really going to get a foothold on this country, much quicker, now that socialists like Obama are in office. Isn't it comfy to know that?? By the way, isn't New Zealand becoming more appealing these days?
  • What the Hell?!!!
    Total stupidity.

    Ivan wanna bet there will be more and more bailing out of states till they have enough "pull" to just do away with states all together? I thought I was wacko for thinking this till I heard Judge Napolitano say the same thing.
  • Wait a minute here!
    Ok, I am not the brightest person on earth but this just makes no sense. The US is having MAJOR problems, we have to borrow money from China or just print more which is lowering the value of our dollar. So how in the HECK can we Loan money, when we have NO money to loan.

    Here is a better idea - lets just skip the middle man, THE US and have China give DIRECTLY to this. Oh wait a minute they are smarter enought not to give to this GLOBLE CRAP.
  • Where was the IMF?
    I sure don't remember hearing about the IMF or other nations helping to shore up AMERICAN based banks.
  • Just an FYI to those that don't know...
    The IMF is basically the international arm of the Federal Reserve. The IMF will put the finishing touches on the financial segment of the NWO. This has gone perfectly to plan. This is the first move on the agenda of Bilderberg since the meeting that took place May 14-17th. There will be a few more calculated moves. One that will more than likely come up soon is the ICC bill will be back up on the chopping block. Obama will make sure that he sells it well to Congress. This ICC bill will put international law before the Constitution. Once this happens buckle up. It means things will get ugly quickly. Timing is going to be crucial going forward. Geithner has his marching orders and so does his counterparts in other countries. The good thing for us is that some of the moves that have to be made will be tough to conceal. We will have some warning before things really start hitting the fan. It won't happen completely overnight. The ICC bill is a big one though to be on the lookout for. I am curious to know how they will present the ICC bill. How could you possibly sugar coat such a huge breach of national sovereignty? Obama is the perfect person to sell it though if you think about it. All that "citizen of the world" talk makes him the perfect person to sell it. See where I'm getting at?
  • NO NO NO NO NO
    When the HELL are we going to stop creating money out of thin air and having the government "loan" it to people, domestic or abroad??? It's time for HR1207 to be sent to the floor for a vote, passed, and expose these idiots for their pathetic, unethical, unmanageable ways of destroying our economy. By the way, why are we not forcing the Federal Reserve System to pay taxes just like any other corporation? That brings me to another point. Since The Federal Reserve System has a branch office right here in Atlanta, why aren't we charging corporate tax to them on the state level too??? Probably, because they'd just pass on the tax to us through higher interest rates, that's why. So, the only other option is to completely abolish The Fed.
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