Babylon's Bankers

REFLECTIONS ON THE ALLEGED RAPIST-IMF BANKSTER: PART II

It is now beginning to look as if Dominique Strauss-Kahn was set up to take a fall:

IMF chief Strauss-Kahn caught in \"Honey Trap\" by Mike Whitney

What is interesting about this article is the total context in which the author argues his case, namely, that in the wake of the ending of the Cold War, two things happened: (1) the IMF, largely at the instigation of American and Western imperialist interests, imposed the so-called "shock therapy" on the economies of the former Communist bloc, and (2) while imposing these restrictions on the former Eastern bloc, allowed the Western economies, and in particular, the American, to engage in unbridled de-regulation - a process begun in the Reagan era - and speculation.

Strauss-Kahn was a voice of "moderation" within the halls proposing an increased role for government regulation and, notably, a more prominent role for "collective bargaining," that is, organized labor. In my opinion, it was the latter that perhaps really set off the alarm bells within the monied and powerful halls of the Gnomes of Zurich, for organized labor, unlike the international and global banks and corporations, remains hopelessly tied to national organizations and structures. Strauss-Kahn was perhaps also suggesting that an internationalizing of collective bargaining would be the instrumentality for a more "equitable distribution of wealth."

Such an internationalizing of organized labor is not as far-fetched nor as difficult to imagine as it might at first seem, for with the world increasingly tied together by an internet-based information exchange, the possibilities for workers in various industries to coordinate action has grown exponentially. The only thing lacking thus far has been a serious attempt to do so. The last thing the banksters need - especially now - is an organized opposition.

Which leaves the imperialist angle. While Strauss-Levi was "just another international bankster" he was at least one not willing to rush headlong into the destruction unrestrained greed and its imperialistic manifestations inevitably bring; he was, at least, a voice - if not of sanity - then of at least something closer to it than what has usually emanated from the IMF, the City of London, and Wall Street. If Mr. Whitney's analysis is correct, this therefore means that business-as-usual has returned to the IMF, and that means that insanity reigns once again.

11 thoughts on “REFLECTIONS ON THE ALLEGED RAPIST-IMF BANKSTER: PART II”

  1. Interestingly enough, I’ve been thinking a lot lately about an international collection of “worker guilds,” more independent craftsman based in character than a union, and more like early trade guilds.

    In the ideal “free agent Flat world,” each worker could be a corporation or LLC, and corporate contract law (including WTF and such) could apply to them as well. Imagine individual workers being able to drag a multinational up before the WTO for “free trade” violations when they abuse the worker’s “corporate” free trade rights.

    With modern communications, such organizations could rapidly equal any corporation in power. It would pose a serious threat to corporate hegemony, and could achieve a leveling of worldwide labor rates far more effectively than the phony “Market economy” the Chicago school fascist economists are so busy pushing.

    Of course, like any human organization, these would be subject to infiltration and corruption, too. No structure will ever replace educated, dedicated lovers of freedom and liberty.

  2. Mike Whitney has followed up with another article, posted May 19:
    http://www.globalresearch.ca/index.php?context=va&aid=24867
    … and again he suggests that this move has been taken against DSK because it was DSK’s intention to torpedo the US Dollar. Quote:

    “And now it’s Strauss-Kahn’s turn to get torn to shreds. And for good reason. After all, DSK actually poses a much greater threat to the dollar than either Saddam or Gaddafi because he’s in the perfect position to shape policy and to persuade foreign heads of state that replacing the dollar is in their best interests. And that is precisely what he was doing; badmouthing the buck. Only he was too dense to figure out that the dollar is the US Mafia’s mealticket, the main way that shifty banksters and corporate scalawags extort tribute from the poorest people on earth. Strauss-Kahn was rocking the boat, and now he’s going to pay.”

  3. I have no doubt that many such a person in “high office” have dark secrets and huge skeletons hidden away. When they become a nuisance, or used up their usefulness, these are used to oust them out of office, throw them in prison or arrange an accident/suicide for them – like they did for Dr. David Kelly. This was my first speculation and it is looking more and more like this could be the case.

  4. Charles, I agree. No love here. Strauss-Kahn is both a sexual predator *and* a financial moderate. Cognitive dissonance makes holding both ideas in our minds difficult, but there it is. I recently studied why Jamaica, my mother’s country, is in such dire straights today. When they received their independence in 1962 (I think), the IMF rushed in and sold them on loans they had no way of paying. Like I said, no love!

  5. Thank you, Frith, for providing a link to Palast’s article. Here’ the source for those interested:

    http://www.gregpalast.com/

    By the way, Palast knows more than a little about economics.

    It could just as easily be, that by internationalizing organized labor, it makes it that much easier to control it for the elite. One facade instead of many to create.

  6. I hate to burst your bubble, but the first and second rule of fight club is ” you do not talk about fight club “.

  7. Unfortunately dsk has such a history of lewd and inappropriate behavior that I cannot help think he is guilty as charged — if this was ban ki-moon or wolfensohn — I may have asked some questions — but I think at this point the evidence is stacked against dsk unless I hear anything unusual about his alleged victim in the next few weeks…

  8. I’m not buying that mate 🙂

    The first rule of fight club is there are no rules. Or put another way, the first rule of Banking are there are no nice guys.

    Banking is a parasitical profession in this instance run by a guy who is a known sexual predator. Was he set up? Yeah. They checked him into the same room number as the date of the socialist elections so this stinks to high heaven of elite infighting. I think elite infighting is a good thing so I’m not taking sides other than to enjoy the bloodsport. I think taking sides is the Hegelian dialetic they want us to get sidetracked on and in this instance it’s the new blood that will run the joint that will tell us most.

    I’m a former Neo Marxist (I still am but I like to call it sharing the love) so emotionally I’d be buying into the narrative you’ve kindly shared above but I’ve no sympathy for any of them. Usually labour rights are one of the more nebulous issues when engineering loans because by rights the people should be able to vote in the parties that push the employment agenda the people most wish. I realise that’s not real politik but this is a guy who does 3000 bucks a night hotel rooms and has a track record of raping African countries. It’s no surprise they pounced on his sexual predator track recorder to hang him out to dry.

    http://dissidentvoice.org/2011/05/strauss-kahn-screws-africa/

    I may of course be wrong but the IMF is the IMF. I’ve been watching them stitch countries up for over a decade in Asia. Champagne socialists or not 😉

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