In a recent post, I explained some of the reasons why Greece should not get another bailout. I cover some of the same points in this Bloomberg interview, but my favorite part is when I state that it’s time for the Greek people to realize “they can’t loot and mooch their way through life.” I […]

As a general rule, the bureaucrats at the International Monetary Fund are not awful people or fire-breathing leftists. But they are voices for the establishment. And, at the upper levels, IMF staff seem overly solicitous of the views of the big nations, which means that they are indirectly attentive to interest groups (such as big […]

Many European nations face a sovereign debt crisis because of excessive spending caused by too much redistribution. The obvious – and only – solution to this crisis is to reverse the policies that caused the problem. So take a wild guess about what the International Monetary Fund recommended: Did the international bureaucracy recommend that nations […]

I’ve remarked before about how I get especially upset when well-to-do people figure out ways of ripping off taxpayers. Redistribution from rich to poor is not a good idea, but it is far more offensive when the coercive power of government is used to transfer money from ordinary people to the elite. A good (perhaps […]

I certainly take second place to nobody in my utter contempt for Dominique Strauss-Kahn, the head of the International Monetary Fund. Who knew that forcing yourself (allegedly) on women could earn you a reputation as “the Great Seducer”? I guess my failure to understand means I’m just a backwards and provincial American. I’m also a […]

Let’s start with a giant disclaimer that the head of the IMF, Dominique Strauss-Kahn, is accused of forcibly sodomizing a hotel maid and we have no idea whether it’s true. There are even rumors that this is a plot hatched by Nikolas Sarkozy to cripple a potential rival in advance of next year’s French presidential […]