Doing an 'Assange' on IMF chief, Strauss-Kahn - International Social/Political

Doing an 'Assange' on IMF chief, Strauss-Kahn
by dasha Sunday, May 15 2011, 10:30pm
international / social/political / other press

A clear case of a political assassination

"Soft Assassinations": Strauss-Kahn and Eliot Spitzer
by Michael T Bucci

It appears that IMF chief Mr. Dominique Strauss-Kahn chose the least safe location - New York - to carry-out a "criminal sexual act, attempted rape, and unlawful imprisonment" of a 32-year-old hotel maid, if that allegation is proved in court. He will plead not guilty, said his attorney Benjamin Brafman. In essence, Strauss-Kahn might just have received the "Eliot Spitzer boot" masterminded and directed by the same Wall Street gang that engineered the past meltdown, the ongoing deep recession and the U.S. Government's austerity programs, which international wealth continues to exploit for optimal profits.

French President Nicolas Sarkozy's qualifications for winning reelection must appear enhanced. He proved himself a ruthless war monger in league with the American war machine and, if his hand is behind this debacle, a dispenser of French equalitarian justice to one of the most powerful people in the world, albeit a man who oversees a rapacious institution that leaves third-world nations poorer and might leave today's insolvent European nations straddled with debt peonage to the world's largest banks for decades to come. But to others, these details are sidelined by a sex story in a $3,000-a-night hotel suite at the Sofitel in Times Square perpetuated by a European "elitist".

Behind the political scene lurks Jean-Marie Le Pen and the far-Right National Front, elated no doubt over the removal of a serious political contender and possible candidate in the April-May 2012 Presidential election. The IMF managing director had yet to say whether he would run for president, but French opinion polls put him as a clear winner over conservative incumbent Nicolas Sarkozy if the two faced off in an election [France24]. His absence now will provide the NF leverage against Sarkozy in what looks to become a two-way race between conservatives and the far-Right, absent all representation by the Left. "The case and the charges ...mark the end of his campaign and pre-campaign for the presidency and will most likely prompt the IMF to ask him to leave his post," National Front leader Le Pen told i-Tele television.

But of equal if not greater significance, a Socialist now has been removed not only from French politics but from the larger playing field of global finance and banking, and this might prove to be the most overlooked aspect of this entire saga.

To British and America neoliberal market analysts and mavens, questions must arise about the timing of this "soft assassination". Strauss-Kahn was on his way to Europe for a meeting on Sunday with German Chancellor Angela Merkel to discuss the European debt crisis and then was to attend a euro zone finance ministers meeting in Brussels on Monday. But a Greek official told Reuters the arrest could cause some short-term delays in discussions over a European Union/IMF bailout for Athens, in which Strauss-Kahn was closely involved, by forcing the cancellation of key meetings. "The most likely outcome is that this case will stick," said French economist and socialist Jacques Attaliand, "even if he pleads not guilty, which he may be, he won't be able to be candidate for the Socialist primary for the presidency and he won't be able to stay at the IMF."

But farther behind the curtain might be found investment bankers and international financiers (the Spitzer "soft assassins").

While Messrs. Spitzer and Strauss-Kahn might share a common reprehensible lust, this group represents the world's top criminals. Like Al Capone and the Chicago mob, they continue to remain immune and prevail, while the audience is glued to sex, money and maids.

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http://globalresearch.ca/index.php?context=va&aid=24776

I have no way of knowing whether the 32-year-old maid who claims she was attacked and forced to perform oral sex on IMF chief Dominique Strauss-Kahn, is telling the truth or not. I'll leave that to the braying hounds in the media who have already assumed the role of judge, jury and Lord High Executioner. But I will say, the whole matter smells rather fishy, just like the Eliot Spitzer story smelled fishy. Spitzer, you may recall, was Wall Street's biggest adversary and a likely candidate to head the SEC, a position at which he would have excelled. In fact, there's no doubt in my mind that if Spitzer had been appointed to lead the SEC, most of the top investment bankers on Wall Street would presently be making license plates and rope-soled shoes at the federal penitentiary. So, there was plenty of reason to shadow Spitzer's every move and see what bit of dirt could be dug up on him. As it turns out, the ex-Governor of New York made it easy for his enemies by engaging a high-priced hooker named Ashley Dupre for sex at the Mayflower Hotel. When the news broke, the media descended on Spitzer like a swarm of locusts poring over every salacious detail with the ebullient fervor of a randy 6th-grader. Meanwhile, the crooks on Wall Street were able to breathe a sigh of relief and get back to doing what they do best; fleecing investors and cheating people out of the life savings.

Strauss-Kahn had enemies in high places, too, which is why this whole matter stinks to high-Heaven. First of all, Strauss-Kahn was the likely candidate of the French Socialist Party who would have faced Sarkozy in the upcoming presidential elections. The IMF chief clearly had a leg-up on Sarkozy who has been battered by a number of personal scandals and plunging approval ratings.

But if Strauss-Kahn was set up, then it was probably by members of the western bank coalition, that shadowy group of self-serving swine whose policies have kept the greater body of humanity in varying state of poverty and desperation for the last two centuries. Strauss-Kahn had recently broke-free from the "party line" and was changing the direction of the IMF. His road to Damascus conversion was championed by progressive economist Joesph Stiglitz in a recent article titled "The IMF's Switch in Time". Here's an excerpt:

"The annual spring meeting of the International Monetary Fund was notable in marking the Fund’s effort to distance itself from its own long-standing tenets on capital controls and labor-market flexibility. It appears that a new IMF has gradually, and cautiously, emerged under the leadership of Dominique Strauss-Kahn.

Slightly more than 13 years earlier, at the IMF’s Hong Kong meeting in 1997, the Fund had attempted to amend its charter in order to gain more leeway to push countries towards capital-market liberalization. The timing could not have been worse: the East Asia crisis was just brewing – a crisis that was largely the result of capital-market liberalization in a region that, given its high savings rate, had no need for it.

That push had been advocated by Western financial markets – and the Western finance ministries that serve them so loyally. Financial deregulation in the United States was a prime cause of the global crisis that erupted in 2008, and financial and capital-market liberalization elsewhere helped spread that “made in the USA” trauma around the world....The crisis showed that free and unfettered markets are neither efficient nor stable." ("The IMF's Switch in Time", Joseph Stiglitz, Project Syndicate)

So, Strauss-Kahn was trying to move the bank in a more positive direction, a direction that didn't require that countries leave their economies open to the ravages of foreign capital that moves in swiftly--pushing up prices and creating bubbles--and departs just as fast, leaving behind the scourge of high unemployment, plunging demand, hobbled industries, and deep recession.

Strauss-Kahn had set out on a "kinder and gentler" path, one that would not force foreign leaders to privatize their state-owned industries or crush their labor unions. Naturally, his actions were not warmly received by the bankers and corporatists who look to the IMF to provide legitimacy to their ongoing plunder of the rest of the world. These are the people who think that the current policies are "just fine" because they produce the results they're looking for, which is bigger profits for themselves and deeper poverty for everyone else.

Here's Stiglitz again, this time imparting the "kiss of death" to his friend Strauss-Kahn:

"Strauss-Kahn is proving himself a sagacious leader of the IMF.... As Strauss-Kahn concluded in his speech to the Brookings Institution shortly before the Fund’s recent meeting: “Ultimately, employment and equity are building blocks of economic stability and prosperity, of political stability and peace. This goes to the heart of the IMF’s mandate. It must be placed at the heart of the policy agenda.”

Right. So, now the IMF is going to be an agent for the redistribution of wealth.... (for) "strengthening collective bargaining, restructuring mortgages, restructuring tax and spending policies to stimulate the economy now through long-term investments, and implementing social policies that ensure opportunity for all"? (according to Stiglitz)

Good luck with that.

Can you imagine how much this kind of talk pisses off the Big Money guys? How long do you think they'd put up with this claptrap before they decided that Strauss-Kahn needed to take a permanent vacation?

Not long, I'd wager.

Check this out from World Campaign and judge for yourself whether Strauss-Kahn had become a "liability" that had to be eliminated so the business of extracting wealth from the poorest people on earth could continue apace:

"For decades, the International Monetary Fund (IMF) has been associated among anti-poverty, hunger and development activists as the poster child of everything wrong with the rich world's fiscal management of the rest of the world, particularly of poor nations, with its seemingly one-dimensional focus on belt-tightening fiscal policies as the price of its loans, and a trickle-down economic philosophy that has helped traditional wealthy elites maintain the status quo while the majority stayed poor and powerless. With a world increasingly in revolution because of such realities, and after the global financial crisis in the wake of regulatory and other policies that had worked after the Great Depression being largely abandoned, IMF managing director Dominique Strauss-Kahn has made nothing less than stunning observations about how the IMF and the world need to change policies.

In an article today in the Washington Post, Howard Schneider writes that after the 2008 crash led toward regulation again of financial companies and government involvement in the economy, for Strauss-Khan "the job is only half done, as he has been leading the fund through a fundamental rethinking of its economic theory. In recent remarks, he has provided a broad summary of the conclusions: State regulation of markets needs to be more extensive; global policies need to create a more even distribution of income; central banks need to do more to prevent lending and asset prices from expanding too fast. 'The pendulum will swing from the market to the state,' Strauss-Kahn said in an address at George Washington University last week. 'Globalization has delivered a lot . . . but it also has a dark side, a large and growing chasm between the rich and the poor. Clearly we need a new form of globalization' to prevent the 'invisible hand' of loosely regulated markets from becoming 'an invisible fist.'" (Link---http://wcampaign.org/issue.php?mid=625&v=y)

Repeat: "...a fundamental rethinking of economic theory".... (a greater) "distribution of income"...(more) "regulation of financial companies", "central banks need to do more to prevent lending and asset prices from expanding too fast".

Are you kidding me? Read that passage again and I think you'll agree with me that Strauss-Kahn had signed his own death warrant.

There's not going to be any revolution at the IMF. That's baloney. The institution was created with the clear intention of ripping people off and it's done an impressive job in that regard. There's not going to be any change of policy either. Why would there be? Have the bankers and corporate bilge-rats suddenly grown a conscience and decided to lend a helping hand to long-suffering humanity? Get real.

Strauss-Kahn broke ranks and ventured into no man's land. That's why he was set up and then crushed like a bug.

(Note: Strauss-Kahn has been replaced by the IMF's number 2 guy, John Lipsky, former Vice Chairman of the JPMorgan Investment Bank. How's that for "change you can believe in"?)

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