IMF Plots Role as World's Central Bank?

D. Strauss-Kahn / T. Geithner
IMF says worth exploring borrowing from markets ... The International Monetary Fund said it was worth exploring ways that the global institution could borrow from financial markets at short notice to raise additional funding for its lending programs. In a paper that looks at progress by the Group of 20 major economies in reforming the global monetary system, the Fund said building confidence in the IMF's ability to respond to crises may warrant looking at alternative ways of fund-raising, including turning to markets. – Reuters 

Dominant Social Theme: The world's economy is a disaster. The IMF is the logical choice to lead the way to a brighter banking future in a consolidated, centralized, world economy. It says so itself.
Free-Market Analysis: Can you hear the whispers coming out of the shadows? Over the past months, we have covered the IMF's increasing efforts to position itself as the world's future central bank and one-world currency issuer. We can see from the above article in Reuters – a chief mouthpiece of the power elite along with the Economist magazine – that the campaign is in no sense winding down. Now the IMF casually, oh-so-casually, floats the idea that it might tap global markets for funding.

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Deconstructing the U.S. Military; or How to Cut a Cool Trillion Dollars a Year from the U.S. Budget

'War itself is not only "a theft from those who hunger and are not fed, those who are cold and are not clothed," as Dwight Eisenhower noted in a speech in 1953, but war is also destructive to the physical earth, the very source of human life, and indeed of all life.

The U.S. has dropped 15 million tons of bombs on the earth’s surface in last 60 years, spread 1 million tons of napalm on fields and forests, and sprayed 20 million gallons of defoliants on some of the most diverse rainforests on the planet. By any measure, the U.S. military is conducting a war against the earth itself. Such an inane effort does not come cheaply. The total cost of all military expenses for 2012 is estimated to be $1.2 trillion dollars, one-third of the total federal budget.'

•  Read more: Deconstructing the U.S. Military; or How to Cut a Cool Trillion Dollars a Year from the U.S. Budget

Keiser Report: Banking XXX (E137)