[EagleUSA]

Insanity alert.

[RandallFlagg]

Did Bela Pelosi ask him if he wants his feet rubbed after?

[Virginia Ridgerunner]

So oBama is wanting Congress to dump 100 billion into IMF?????

[OldNavyVet]

"If is our true policy to steer clear of permanent alliances with any portion of the foreign world."

George Washington ... Farewell address ... 17 September 1796

[givemELL]

Asia has established its own facility recently with $180 billion for Asian countries to AVOID having to borrow from the IMF...the amount is symbolic of intent, and can be expanded probably as easily as the POTUS request from Congress is proposed to expand the IMFs capabilities as well as the US influence on the IMF. The IMF has competition now as Asia may be partially decoupling from the West. Sharia banking may have the same idea.

[mark3681]

The most absurd comment in the letter:

“...should carry a minimal budget score as it is equivalent in some respects to credit activity with very small risk.”

Yes. Insanity at its finest.
Keep doing what you’re doing and expect different results.

[M Kehoe]

Good evening.

I think that memo is pretty cool. Why? Well, the Treasury will just print money. Hey, it worked for the Wiemar Republic, didn't it? It work for Japan in the '90s didn't it? It worked for Zimbabwe, didn't it? It work for...

We are so screwed.

5.56mm

[SERKIT]

Is this Marxist-Turbo-Flatulent-Washington-CodeSpeak for “let’s keep redistributing the wealth”, this time to third-world thugs and banana republics?

[r9etb]

The NAB. Surely they thought of the acronym before they assigned it...?