“The Nation magazine recently posted a small article entitled, ‘Pakistan gets second tranche of $553.5m from IMF.’ We are so used to these kinds of announcements that they hardly register anymore. But this is how the entrenched corruption of our day is carried out. This is magic money, of course. It will bolster foreign reserves, help Pakistan battle the Taliban (that it actually sponsors), aid the state in supporting its economy (whatever that means), ‘solve’ an energy crisis (really!) and support increased tax collection efforts. A Swiss green company is in line to soak up a good deal of this IMF tranche.”
Related posts:
WVNS59 News Station Deletes Video Of Officer Threatening Driver, Reporters Defending Officer
How Goes the Global War on Terror?
Bill Bonner: The Real Numbers Behind America’s Phony Recovery
FBI starts U.S. campaign to deter lasers being aimed at aircraft
Obamacare: Taxpayers Must Report Personal Health ID Info to IRS
Google Censorship: A Manufactured Affair?
Promoting Legalized Dope Pushers
Shield Your Nest Egg from Its Two Biggest Threats
Harvard's Rogoff: Next Fed Chief Must Have 'Tolerance for Inflation'
Chipotle Salary Can Top $95,000 Annually
Judge Napolitano: Detroit's Obamacare Bailout To Backfire
How to Hide Your Gold and Silver
Americans' sense of freedom drops below Paraguay, Rwanda
U.S. and China announce cybersecurity collaboration amid hacking dispute
Bitcoin’s complex and changing regulatory environment
