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Archive for the ‘International Monetary FUnd’ Category

I.M.F. Leader Arrested in New York

Posted by Steve Markowitz on May 16, 2011

On Sunday, the International Monetary Fund’s (IMF’s) managing director, Dominique Strauss-Kahn, was charged with sexual assault.  He was removed from an airplane preparing to depart America and was arrested in New York City.  The charges are serious enough he was denied bail and include attempted rape of a maid at a New York hotel where the banker paid for a $3,000-a-night suite.

Strauss-Kahn is/was more than an important European banker.  He is also one of France’s leading figures and was being considered as a possibility for its next president.  The IMF has appointed an acting managing director to replace Strauss-Kahn.  Still, this scandal comes at an importune time for the IMF as it deals with the problems of debt in Greece, Ireland, Portugal and Spain.

While Strauss-Kahn is/was a leading French Socialist, sexual scandals occur with scoundrels on both sides of the political spectrum.  However, given the Left’s unapologetic view that government is the answer to all social issues, when one like Strauss-Kahn fails it is a reminder that government is made up of people who harbor the same greed and lust as those that work for private companies.

Strauss-Kahn, like who enter government “service”, craves power.  Once obtained, these people often become part of an elitist ruling class who feel they are deserving of special privileges.  Such was the case with Strauss-Kahn.  It has been a open secret that he was abusive to women and held extramarital affairs.  In 2008 Strauss-Kahn was criticized by the IMF after an affair with a subordinate.  In private industry he would have been fired for the indiscretion.  In 2002, Strauss-Kahn was accused of behaving aggressively toward a young journalist, Tristane Banon.

Strauss-Kahn’s history should have precluded him from any position within the IMF or European government.  Instead, it was swept under the rug by the elitist ruling class who protect their own before considering right and wrong.  It is this reality that makes Progrssives and their blind faith in governments so corrupting and dangerous.


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