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To: Giordano Bruno who wrote (361857)	3/12/2008 8:49:25 PM
From: ldo79	Read Replies (3) \| Respond to of 436259

what a hoot! The IMF is now gonna' bail us out! Be afraid - be very afraid! from - tinyurl.com "A member's quota in the IMF determines the amount of its subscription, its voting weight, its access to IMF financing, and its allocation of Special Drawing Rights (SDRs)." "Overall the IMF success record is perceived as limited. While it was created to help stabilize the global economy, since 1980 critics claim over 100 countries (or reputedly most of the Fund's membership) have experienced a banking collapse that they claim have reduced GDP by four percent or more, far more than at any time in Post-Depression history. The considerable delay in the IMF's response to any crisis, and the fact that it tends to only respond to them or even create them[11] rather than prevent them, has led many economists to argue for reform." ================ of course, none other than Hank Paulson is the US Governor and Ben Benanke is the Alternate. AND the US has 17.09% of the total IMF voting power - far exceeding the next closest country (Japan with 6.13%).