View Poll Results: Should the US be funding the IMF?

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Thread: Should the Financially Strapped US Be Funding the IMF?

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    Should the Financially Strapped US Be Funding the IMF?

    More importantly, just why would the Democrats be trying to hide this funding in a must-sign defense allocation bill? Hmmmm? Are they trying to hide from a debate on the matter?

    Are they worried the public might think it's a damn stupid idea for a person facing bankruptcy to be co-signing loans to strangers, or worse, known con-men?

    Since the US is borrowing money, wouldn't it be wisdom to tell would be borrowers to hitch their poor asses over to China, where we're borrowing our money?

    House Republicans Oppose $100B New Line of Credit for IMFRepublicans in the House are lining up to oppose an almost $100 billion war-funding bill if Democrats insist on including in it a new line of credit for the International Monetary Fund.

    Democrats may have to scramble to pass the bill in the House, where GOP votes are likely to be needed to make up for about 50 anti-war liberal Democrats who opposed it last month.

    At the core of the $98.8 billion House-Senate measure is $79.9 billion for the Pentagon, a figure that's also rankling House Republicans since it represents an almost $5 billion cut from the version that passed the House last month. That measure did not include funding for the IMF.

    Responding to media reports that House Democratic negotiators have agreed to include a new $100 billion line of credit to the IMF -- a top priority of President Obama -- the top Republican in the House said Tuesday he would oppose the bill.

    "Let's be clear: a troop-funding bill should fund our troops, period," said Minority Leader John Boehner, R-Ohio. "Weighing down this critical legislation with nondefense spending will only drag this process out further and cost it essential Republican support needed for passage."

    Obama promised the IMF money at April's G-20 summit to help developing countries deal with the troubled global economy. About $8 billion for an earlier commitment for the IMF will be included.

    The actual U.S. costs for the IMF contribution are far less -- $5 billion is the Congressional Budget Office estimate -- since the U.S. government is given interest-bearing assets in return. Still, U.S. debt would have to be issued to provide the money at a time when government borrowing has exploded.

    "There is absolutely no reason for the Democrat majority to complicate a bill intended to fund our troops by larding it up with over $108 billion in borrowed money for the IMF," said House GOP Whip Eric Cantor of Virginia.
    So much for The Messiah's famed "openness" and "transparency". He's just another shell game con-man from Chicago.


    Ooops. Can some friendly mod add a "Yes/No" poll, please?
    Last edited by Scarecrow Akhbar; 06-02-09 at 07:58 PM.

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    Re: Should the Financially Strapped US Be Funding the IMF?

    I am torn. I am not sure if I want Obama to continue to spend us into collapse so that we can rebuild from the bottom up or if I would rather someone stop this madness.

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    Re: Should the Financially Strapped US Be Funding the IMF?

    No. We shouldn't.

    But this chicken (among others) will come home to roost in 2010 and 2012.


    OBL 11/24/02

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    Re: Should the Financially Strapped US Be Funding the IMF?

    No, we should not be funding the IMF.

    And no, this should not be in the Polls section unless one magically appears!

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    Re: Should the Financially Strapped US Be Funding the IMF?

    Moderator's Warning:
    Should the Financially Strapped US Be Funding the IMF? Poll added per request
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

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    Re: Should the Financially Strapped US Be Funding the IMF?

    The reality is that even if the United States had a budget surplus and zero national debt, it shouldn't be playing World Banker. That's the job of private commercial banks.

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    Re: Should the Financially Strapped US Be Funding the IMF?

    Methinks that most of the people who reflexively oppose this have absolutely no idea what the IMF is, or what it does. They just think "Internationalism bad. Tax cuts good. I make fire."
    Last edited by Kandahar; 06-02-09 at 10:21 PM.
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by Kandahar View Post
    Methinks that most of the people who reflexively oppose this have absolutely no idea what the IMF is, or what it does. They just think "Internationalism bad. Tax cuts good. I make fire."
    Methinks if you support the IMF you sign over your own personal bank account to them.

    Debate the logic presented: The United States is enjoying an uprecendent period of fiscal disaster, with trillion dollar deficits for as long as China will let us. Why should the United States continue to pour money into the IMF when we ourselves have to borrow that money to piss it away? Why shouldn't the IMF go to the nation loaning the money to the US directly, instead?

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    Re: Should the Financially Strapped US Be Funding the IMF?

    Just another chapter in another "pay the banker" presidency.


    IMF, Trilateral commission,Buildeberg, Federal Reserve. All ties together.


    When you hear someone on the mainstream media praising the governments actions or mitigating a reaction to some inanity check their resume. Several times they are in one or more of those groups cheerleading their own agenda.

    I catch it on CNN all the time.

    Trilateral globalist thinktank lackeys are the most blatant.

    Its better for the US to give the banker the money first so they can then loan us back our own money on interest. Less work that way. For them anyway. Not us.
    Last edited by akyron; 06-02-09 at 10:28 PM.
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    Re: Should the Financially Strapped US Be Funding the IMF?

    Quote Originally Posted by Scarecrow Akhbar View Post
    Why shouldn't the IMF go to the nation loaning the money to the US directly, instead?
    1) all charities have problems getting loans

    2) this particular charity isn't popular enough to function as an actual charity

    3) people that feign to be smarter then you deemed this charity is too important to fail, making your opinion moot

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