21 votes

WA State Congresswoman Seeks to Halt $100 Billion Boost (from U.S. taxpayers) to Troubled IMF (International Monetary Fund)

The United States promised $100 BILLION DOLLARS to the IMF in 2009! Why aren't Americans up in arms about this?

SOME republican congress members want to halt this money. I'm sure it won't be enough to stop it though because the GOP is as corrupt and anti-Constitutional as the democrats.

Still, here is an excerpt from the link below on the status of this money...

Rep. Cathy McMorris Rodgers (R.-Wash.), vice chairwoman of the House Republican Conference, made it clear she would soon seek to stop the additional $100 billion that Congress (then under Democratic control) voted to give the IMF in ’09 at President Obama’s urging.

Asked by HUMAN EVENTS last week whether McMorris Rodgers would actually pursue an outright halt to the $100 billion from the U.S., her spokesman told us: “Yes, that is one of her top priorities.”

GOOD FOR HER!

Meanwhile a month ago, congress was arguing over 30 or 40 billion dollars in the budget.

Wouldn't halting this payment to the IMF be a big step towards solving our debt trouble?

More here...
http://www.humanevents.com/article.php?id=43663

PLEASE write to Congresswoman McMorris Rodgers here and support her efforts: http://mcmorris.house.gov/index.cfm?sectionid=82&sectiontree...

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IMF Spends your cash: $108 Billion... going... going...

Queen Christine ascends to her thrown July 5th, 2011. Her reign but two days... She has already given away $3.2 Billion cash to Greece. Greece is a small debtor nation in need of cash to pay large debtor nations.

Within just two days & no pitchforks, she has seen $3.2 Billion go to Greece to pay loans. The loans are held in Greece's name by banks in countries that ponied up the cash.

Long live the Queen.

Billions From You to Greece, with Love - Queen Christine, IMF 07/08/2011

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Yup. And Strauss-Kahn was ousted because he wasn't cooperating

The rape charge is proven now to be a trumped up deal because now he is going to go free.

But never mind the rape charge.

The REAL raping was what he has been doing to (mainly) the American taxpayer for years by redistributing our money to lazy countries around the world.

ANYONE who heads such an immoral organization should be arrested immediately.

Including this new IMF chief.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Princess Christine turned Queen July 5. Faces court August 4.

Princess Christine ascended to her IMF Thrown July 5.

She is suspect & on the docket to face Judges in a €285 Million scandal moved to arbitration about "aubse of power." The hearing, twice rescduled, is August 5. How her case moved oddly from regular court to arbitration is suspect also. Initial hearing move From June to July so that her coronation ceremony would not be affected. Now that she has delivered $3.2 Billion from large debtor nations to Greece, the €285 Million legal case doesn't seem very urgent, so it moved to August 4 with respect for a preciding judge, whom finally admitted he was "incompetent (his word)."

The €285 Million handed out to a friend of French President Nicolas Sarkozy to settle a long-running dispute with a state-owned bank. Though ascended to the IMF Crown, she will be a suspect at the August 4 hearing (yet another oddity).

(Reuters) http://uk.reuters.com/article/2011/07/08/uk-imf-lagarde-fran...
- A French court has put off until August 4 its decision on whether to open an inquiry into the role of IMF chief Christine Lagarde in a 2008 arbitration payout, after one of the judges involved pulled out.

One of the judges at the Court of Justice of the Republic, a special tribunal qualified to judge ministers, declared himself incompetent and a replacement judge needed extra time to get to know the case, court official Gerard Palisse said.

"One of the members of the panel let us know at a late stage that he had to declare himself incompetent," Palisse told reporters at the court. "The panel has thus decided to put off the examination of this affair until Thursday, August 4."

It was the second time the court has postponed its decision on whether to formally probe Lagarde over an affair that threatens to cloud her debut at the international lender if not quickly resolved.

... court was likely to proceed with an inquiry into a possible abuse of authority by Lagarde in her approval of a €285 Million Euro payment to a businessman friend of President Nicolas Sarkozy to settle a long-running dispute with a state-owned bank.

Lagarde, French finance minister until she took up her IMF post this week, has strongly denied any...
-----

[ T'aint moral. T'aint moral to promise away other folks' money... €285 Million. This suspect, turned princess, coronated queen. She faces court a yet again, suspect.

This court panel will now be face a queen that just gave away €3.2 Billion. I eagerly await swift justice. ]

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

This is good news.

CMMR is my Congress Critter and I'm usually underwhelmed with how she votes. It's no surprise since she's in a leadership position that she votes with Boehner & Co. She recently voted for extending the PATRIOT Act and for continuing to fund "Kinetic Action" in Libya. I'm glad that I can send her an "Attagirl" for a change.

*****The Federal Reserve is neither.*****

I knew this rat would go free in the end.

Long before the rape charge, he should have been arrested for heading an international organization which has been thieving billions from American taxpayers for decades...

...and redistributing it to lazy countries around the world.

What kind of sheeples have we become to have allowed this for so many years and STILL ALLOW IT TO GO ON???

Proof that we are not a free country anymore but a tool for world government.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

agree-

i told my lover and family that this was the distraction so that they wouldnt have to cover the REAL issues and after they found something else to distract with (Casey Anthony trial) they would drop all charges and there would be no justice. i sincerely hate how this works as when i tell others what is really happening, they dont believe a word i say because the MSM doesn't cover the real news- and for whomever is worried about mitt- rick perry is the chosen one. he just weekended with the Koch brothers secretly and let the TSA bill die too. Ol' Rick was also a Bilderberger participant this year- THATS how i know...
happy 4th?????

~peace

I disagree - This IS the real issue.

Everything ELSE are the distractions.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Sex headlines titillate. Catch & release. $108 Billion?

Titillation sells. Find sex in the headlines.

Give away $108 Billion to burden US taxpayers? Find it buried in the "Time-Saving" amendment de juor. Find a Frenchman trying to give away $108 Billion US dollars. Find a French woman actually doing it.

Sex sells news. Can a banker buy sex? Sky News?

Strauss-Kahn released from house arrest. Former IMF chief Dominique Strauss-Kahn walks. Get-out-of-jail-free. Get lavish retirement. Even house-arrest is lifted.

While Strauss-Kahn was breifly detained on titillation charges by NY Police, the IMF heist of $100 Billion US cash continues.

Senate Gifts $108 Billion to IMF Privateers! Time saving gift?
Submitted by Mark Twain on Thu, 06/30/2011 - 13:17.
US senate gift wraps $108 Billion, in a time-saving bill payable to the Immaculate Money Fountain (IMF). Following traditions steeped in the art of deception, this eruption of financial Vesuvius, $108 Billion was embedded into a bill titled:

    "Presidential Appointment Efficiency and Streamlining Act of 2011"

This time-saving measure? Streamline giving away US cash? Eliminate confirmation hurdles slowing the cash give-away? By the Senate? But the Senate is not authorized by "We the People" to give away our US treasure. All Congressional spending must originate with the House of Representatives. The senate should not give away cash; nor allow cash to disappear quicker; nor easier.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

What does a billion dollars...

... buy you?

China has just opened the longest bridge in the world, 26 miles of steel and concrete, built at a cost of more than a billion dollars – an impressive edifice. That’s what a billion dollars buy you, something of substance, something that endures, something that truly adds value.

It takes 20,000 households with average income of $50,000 p.a. to earn $1 billion; 2 million households to earn $100 billion.

If households earning $50,000 a year are taxed at an average rate of 18%, you would need more than 11 million households to raise the $100 billion in taxes.

I don't think the people who represent us (Pauls excluded) have a clue how hard we work and how easily they flush our hard-earned wages down the toilet, whether, in Afghanistan, in Pakistan, in Egypt or at the IMF.

Why aren't we rioting in the Streets?

Plano TX

Not much at M/I Mart...

One billion dollars doesn't buy much at the military/industrial super-store.

Most countries pay one billion (U.S.) dollars for a cruiser/destroyer warship. The new, improved models for the U.S.A. cost over twice that much.

New U.S. aircraft carriers cost over $10 billion each. And, that's just the "turn-key" price.

We haven't done business like that in the US...

for a very long time. We aren't rioting in the streets because deep down we all know it's funny-money and we aren't going to pay for any of it with taxes.

I say, good for them! Let them destroy the currency and hasten the day of reckoning. The system is so out of control there's no need to fight it because it's going to self-destruct.

There he goes...Free as a bird!

The whole point of this charge against Strauss-Kahn was because he wasn't giving out as much money as the IMF wanted.

Now that they have a new leader he doesn't matter so the charges are dropped.

It's typical of the the way big banksters do business.

He SHOULD be arrested and charged with stealing from the United States taxpayer.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

FYI

In 2008 Ron Paul was voted the most conservative member of congress. Cathy McMorris-Rodgers came in second for being the most conservative. I for one am proud, most of the time, to have her as my representative.

Ron Paul 2012, In Liberty from the Pacific Northwest.

Joined the Liberty Movement in Anchorage, Alaska, 1977. Ron Paul supporter since 1983.
In Liberty from the Pacific Northwest.

The article makes it sound a little different.

It sounds like she is trying to halt that 100 billion dollar injection from the US taxpayers.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

McMorris rhetoric is conservative. Spend taxes with tax funds.

She proposes some good legislation about being reasonable. She proposes to be fiscally conservative. She proposes an average number of Congressional items. Very little makes it through the congressional process.

This particular resolution is a suggestion that the IMF follow its own rules before doling $108 Billion for nothing. The IMF is collecting $1 Trillion for Greece & other purposes. The US gift is 10% of the total IMF take.

McMorris is not a savior. She is one asking politely that the IMF follow their own rules (foolish as they are). She proposes this non-binding resolution. She probably is aware that the IMF is a "legal tender" suck.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Try to save $100 B here... Mr O hikes taxes & gives away more!

Is Mr O proposing tax hikes north of $600 Billion? Having trouble cutting spending?

Here we are trying to stop $100 Billion give-away to the IMF.

Meanwhile, the IMF lambastes the US for having too high a debt. Compounding the pain, IMF pushes the US to go into debt more... Paying theim $100 Billion.

The thanks we get? Lower our credit rating?

Save the US. Stop the spendthrift IMF.

Beyond absurd to give away another $100 Billion to the IMF... 06/30/2011

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

French Princess Christine ascends to the Throne... Queen of IMF.

In related Reuters newsreel the

Before starting her reign, she was caught on a film clip. She was speaking, but the audio was cut out. As she begins her 5 year reign, folks must learn to respect her authority over them, without hearing her words or seeing her actions. Transparency shall reign. Hear no evil. See no evil. Speaking will be heavily redacted. The King is dead. Long live the Queen. Throne, regalia, & ceremony will be a private banking affaire.
http://www.reuters.com/article/2011/06/28/us-imf-idUSTRE75Q6... Reuters Newsreel is 1 minute, 19 seconds. Queen Christine makes her cameo as the curtain draws to close final act. I doubt this theater will make it to Broadway. It is instructive to see whom is about to hand $1 Trillion to Greece (a small debtor nation) so that they can continue paying royalties to larger debtor nations. The US was mentioned, playing the character referred to as, "The Tipping Point." The US was left backstage, as they are only 10% of the $1 Trillion crowning ceremony. The US $100 Billion draws so little interest, officials saw no need to give the US an on stage role.

As for my celebration her formal crowning ceremony, July 5, 2011... I was not invited. I will do my own swearing.... after I count to four.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Hmm.. well… This is nice to know..

Does anybody have Mandarin Chinese on Rosetta Stone?

A true flower can not blossom without sunlight and a true man can not live without love.

MTwain - You may have burst my bubble

The article clearly implies that she wanted to HALT US payment to the IMF.

Maybe she's just another establishment republican hack.

But I still believe we should quit the IMF and anyone who helps that cause I support in some measure.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

No. Your imaginational bubble is fine. Enjoy it.

McMorris, US Rep from Washington State, submitted a Resolution politely asking Congress & Treasury to encourage the enforcement of IMF rules.... dues must be paid prior to voting.

She is strong on rhetoric. Spend in proportion to the tax haul. She submits an average number of bills. She is near the bottom in proposing anything that actually passes. She is useful to get us to realize the folly of the IMF. She wants it to continue under its own rules.

Most of Congress willingly sends our wealth overseas.

At least, McMorris mentions the foolish $100 IMF funding with US dollars before we send it into oblivion. Nary a whisper about the $1 T bailout going to Greece, a small debtor, to give assurance royalties get paid to huge debtors.

Alas, I am supportive of your effort to disclose to folks the folly at sending & spending into oblivion. I wish it would stop.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Thanks Twain - I have appreciated your support and info.

It's simple really: the IMF is a CRIMINAL, IMMORAL, ANTI-AMERICAN organization which we should abolish from our shores and cut our ties with.

The sheeples either don't care or don't know or both.

But Ron Paul has been pounding this IMF drum for years.

God bless him for that.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Something to that. As simple as possible. No simpler.

You are welcome. Work on you title to reflect your meaning & objective. If either change for the better, consider your imagination is improving. Imagination is generally a leading influence on folks.

Example: 'Why I just ordered several copies of Ron Paul's book "Liberty Defined" and some reasons why...'
- Pawnstorm12

'How "Liberty Defined," by Ron Paul is winning hearts & minds'
- Mark Twain

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Good Point MTwain...I will rework the title.

I thought something didn't sound quite right!
So thanks for pointing this out.

By the way, I've given out all 6 books I orignally ordered.

Next paycheck I'll be ordering more.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Great news. Your imagination suits you well.

I look forward to your nice cards & letters. If you address them as Twain, it will be easier for sorting the mail. Think of how hard it would be to find & sort your mail addressed, "MPossible. "

By the way, Princess Christine was anointed Queen of the IMF. She will ascend to her throne, July 5th, 2011. One of her first proclamations will be to take the $108 Billion note pinned to Turbo Timmy's shirt & cash it. She will have Timmy's note proceeds divided. She will keep her due (Timmy's current royalty payment). She will have her loyal subjects re-wrap the remains mix in with the other 90% from other large debtor nations to bulk ship this promissory notes out as as IMF "legal tender" (SDR). SDRs will be used as a conduit for additional royalty payments. She is writing a nice letter to boast how proud she is to loan Greece & other small debtor nations "legal tender" that will return to her as royalty payments over the ensuing years.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Fun and games ...

... by world central bankers.

Thieving from US citizens since the late 1940's.

"We have allowed our nation to be over-taxed, over-regulated, and overrun by bureaucrats. The founders would be ashamed of us for what we are putting up with."
-Ron Paul

Surprise! Central Banks opine for higher rates! - Reuters News

    Surprise! Central Banks seek
    higher rent on cash they print for you!

    "Interest Rates Need to Rise Globally"
    BASEL, Switzerland Sun Jun 26, 2011 10:14am EDT
    http://www.reuters.com/article/2011/06/26/us-interest-rates-...
    (Reuters) - Global interest rates must rise to avoid high inflation becoming entrenched, the Bank for International Settlements said on Sunday.

    [ Meaning trouble becomes bigger if "entrenched." Fools might drown in trenches (tranches) of liquidity. "Legal Tender" flooding forecast.]

    It also warned that delaying deficit cuts... intensifying the sovereign debt crisis... grave consequences... investors to lose confidence in a major economy such as the United States.

    [ Grave, indeed. "Legal Tender" is "confidence backed debt" created out-of-thin-air. ]

    "With the arrival of sharper price increases for food, energy and other commodities, inflation has become a global concern," the BIS said in its annual report.

    [ Inflation arrived. Checked. Ordered party favors. Central Banks are lost again in Market-ville. Looking for their shaker of salt. Some folks say, they are to blame; but, they know... it's their own damn fault. (Liquidity-ed up) ]

    "Tighter global monetary policy is needed in order to contain inflation pressures and ward off financial stability risks."

    [ Oh dear! "Tighter control?" From the Central Bank of Central Banks? A private club running nations under "tighter control?" ]

    Of the four major central banks, the European Central Bank is the only one which has raised rates since the intensification of the financial crisis in late 2008.

    [ One up. Three more to go... Up it seems... Interest rate hikes. Up, up & away. ]

    Central banks may have to raise rates at a faster pace than previously, BIS said...

    [ Imperative? ]

    The Group of 20 economic powers agreed in Paris on Thursday to tackle high food prices...

    [ Sigh. ]

    BIS said ... rates have to rise...

    [ Assurances & nautical references trimmed for brevity. ]

    "The great danger is that long-term inflation expectations... sending us in the wrong direction."

    [ "Great Expectations" - Charles Dickens ]

    ... Bank of England should think about tightening... in the face of high inflation. ...

    [ "Great Expectations" - Charles Dickens ]

    FISCAL TIGHTENING

    ... BIS said that a major economy being drawn into the debt crisis could have catastrophic consequences.

    [ Catastrophic consequences? Drawn in? As in another $100 Bilion from the US (subject of this forum)? $1 Trillion borrowed from big debtors to help a small debtor pay debt? ]

    ... the market turbulence surrounding the fiscal crises in Greece, Ireland and Portugal would pale beside the devastation that would follow a loss of investor confidence in the sovereign debt of a major economy," ....

    "The time for public and private consolidation is now." ...

    [ Take the money & run? ]

    "... market confidence can evaporate quickly..."

    [ Hurry! Take the money & run! ]

    ... China should let the yuan appreciate against the dollar.

    [ To China? ]

    "The large costs of monetary instability [ Insanity? ] mean that adjustment should principally work through more flexible nominal exchange rates," ...

    [ High variable rates? ]

    "In the case of the United States and China, the costs of that adjustment would probably fall mostly on China."

    [ Chinese exchange rates go up? ]

    ... while extremely low interest rates help commercial banks...

    [ The price of admission to the circus? ]

    "When banks are not forced to write down loans, they are actually provided with incentives to "evergreen", i.e.. to roll over non-performing loans to firms that should have been bankrupt."

    [ Evergreen? Immaculate Money Tree? Or Fountain? ]

    Related Reuters News (Bank Cheer-leading):

    • BIS warns investors on slimmer bank returns
      [ As BIS opines for high interest rates. ]
    • Investors are struggling to accept end of U.S. easing
      [ Folks are struggling to pay all promises mad with "legal tender." ]
    • Could Italy go the way of Greece?
      [ Went? ]

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Rockefeller: "There's not enough Muslims out there! Raise taxes"

Herr Rockefeller: "Raise the interest rates across the boards.....I need more Muslims out killing people, to make gullible fools think a "Worldwide Islamic Government" is about to take form!"

James G Richards, Saving Banks w/ Your Cash: IMF, SDR & Gold.

Will the IMF, their SDR racket, & Gold matter when they claim the world financial system down at the Patent Claims Office?

James G. Rickards, Repairman & Pitchman, Catastrophic Global Finance... can repair the most cataclysmic disasters the financial world has ever created... with your cash. Been doing it to save very large banks & such of 30 years.

Fiat system's abuse will force world back to gold standard, proclaims James G. Rickards, June, 2011.
He is quite involved in recovering our global financial system with your cash... 30 years of it... His experience... Your cash.

You can listen to the interview at King World News here:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries...

    "James G. Rickards, Market analyst tells King World News today that the abuse of "flexible" currency systems probably will force the world back to a gold standard in a couple of years through a new sort of Special Drawing Right (SDR), the central bank currency issued by the International Monetary Fund. Remarking on the financial trouble with Greece, Rickards says credit default swaps are behind the bailout efforts and are corrupt and destructive and should be outlawed, but big investment banks profit from them and have taken the world financial system hostage."

And they ain't giving it back. Rickards' pitch is to give the world's booty to its controllers via IMF, World Bank, etc.

Rickards will speak at GATA's Gold Rush 2011 conference in London in August: http://www.GATAgoldrush.com

I will not.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

$100 B loan, of $1 Trillion.. Congress pays EU?

Action to date, as recorded in Thomas: Ask (Congressional Resolution).

US House Congressional Resolution (Ask, don't tell).
H.CON.RES.55 : Disapproving of the participation of the United States in the provision by the International Monetary Fund of a multibillion dollar funding package for the European Union, until the member states of the European Union comply with the economic requirements of membership in the European Union.
Introduced & referred to committee 5/25/2011.
1 cosponsor.
http://Thomas.loc.gov/home/LegislativeData.php?n=BSS;c=112
$$$ Use Thomas search box: IMF

I look forward to action stopping the IMF from loaning other people's cash. Why should the US go into debt so that the IMF can give away our funds to a nation with a much smaller debt?

Why is spending (GDP) an IMF rule? Spending is a ridiculous measure of willingness or ability to believe or pay debt.

US Congress goes further into debt to pay the European Union $100 Billion?

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

$1 Trillion loan! $100 B European Bailout Protection Act would:

McMorris, US Rep, Washington State.
http://mcmorris.house.gov/index.cfm?sectionid=96&sectiontree...

“... A $967 billion European bailout – partly underwritten by U.S. taxpayers – is an indication of failed leadership. An economic crisis caused by too much spending and borrowing will not be solved by more spending and borrowing. A ‘Euro-TARP’ is the wrong approach.” - McMorris, US Rep, Washington State. 2011.
http://mcmorris.house.gov/index.cfm?sectionid=96&sectiontree...

The European Bailout Protection Act would: Send $100 Billion overseas to IMF.

  1. Prohibit any funds that have yet to be drawn by the IMF from being used to provide financing to any EU countries until all EU nations are in compliance with the debt to GDP ratio requirement in their own collective growth pact.
  2. Require the Treasury Secretary to oppose any IMF loans to EU nations until all EU countries are in compliance with their debt to GDP ratio requirement.
  3. The bill does not permanently prohibit the IMF from lending to these nations; it simply prohibits the U.S. from participating in the proposed European bailout.

[Twain Note: McMoris doesn't stop the IMF from loaning. She asks politely, in a resolution to have IMF European Union (EU) members follow the Immaculate Money Fountain (IMF) rules. She specifically states is her summary, "... until all EU countries are in compliance with their debt to GDP ratio requirement." Economics, the dismal science. GDP is a measure of spending; not related to willingness to pay pretend debt to bigger debtors.]

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul