Posted on 04/05/2009 4:40:24 AM PDT by M.K. Borders
PJB: Bailouts Without End by Patrick J. Buchanan - October 13, 1997
The IMF has become the 911 number immediately called in times of trouble by such champions of free markets as Citicorp and Goldman, Sachs. With all that IMF money, the Thailands and Mexicos are spared the consequences of their fiscal incompetence, and Wall Street’s heavy hitters are spared the consequences of their stupid investments. The global economy is a rigged game, rigged so Third World politicians, rich investors and global corporations win — and U.S. taxpayers and workers lose…
To be talking about bailouts and Goldman, Sachs, Citicorp as they are related to the global economy seems to me,, well kinda interesting.
Perhaps his next book will be entitled "The Decline and Fall of the American Empire and Self-Appointed Policemen of the Globe, Having Rotted from Within."
Was Free Republic around back then?
Were his slandered victims on Wall Street forced to write letters to the Times in order to explain that Pat’s a Nazi?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.