Here Comes the IMF Power Grab
Watching the coverage of Dominique Strauss-Kahn's very public humiliation since Saturday, I can't help but feel something is terribly off with this entire situation. Besides the fact that a 62-year-old man would chase around a hotel maid with his little shrunken pecker in his hand and think it was a good idea to force it into the location on her body with all the sharp teeth.
Here are a few things that stand out to me (being an amateur expert in all things twisted and perverted myself):
For a man to assume he can get away with something like what Strauss-Kahn is accused of, we have to assume that he has gotten away with it before. You don't just decide to orally assault a total stranger unless you have reason to think you're going to get away with it; absent a drug test that reveals Strauss-Kahn was bugged out of his mind on PCP, this naturally leads us to believe he's done this before.
Here's the part where the women start coming out of the woodwork and claiming Strauss-Kahn assaulted, offended or otherwise accosted them. For some reason, these women have been mostly silent up until now. We all know money and power can accomplish this given the right set of circumstances.
Now, we know that Strauss-Kahn has been a central figure in the eurozone's economic troubles. We also know that he has used "financial blackmail to get the Icelandic government and people to swallow the ‘Icesave’ deal." I doubt the choice of wording in that sentence is accidental.
What makes a man like this think he can behave this way and somehow get away with it? And if he was, in fact, set up as some are suggesting, what could he have done to deserve such a public nuking by the Establishment he has served for so long?
Strauss-Kahn played a key role in efforts to stem the European debt crisis that started last year in Greece, with a pledge to contribute about a third of future bailouts in the region by the European Union. The IMF has co-funded aid packages to Greece and Ireland and has negotiated aid for Portugal.
Emerging markets have also seen their clout grow under Strauss-Kahn. Last year, IMF nations agreed to rule changes that will give China the third-largest percentage of votes. In 2010, the U.S., as the largest contributor to the IMF’s resources, had 16.7 percent of the votes, followed by Japan and Germany with about 6 percent each.
Yi Gang, deputy governor of the People’s Bank of China, last month urged the fund to “continue to make substantive progress in reforming other parts of its governance, including the merit-based selection of the management.”
The bailouts must go on.