Infinite Unknown

Presidents, Prime Ministers, Chancellors are all selected, not elected. They (Bush, Clinton, Obama, Blair, Brown, Cameron, Sarkozy, Kohl, Schröder, Merkel etc.) are all elite puppets serving their masters.

YouTube Added: 16.04.201

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TRANSCRIPT AND SOURCES: http://www.corbettreport.com/?p=4502

As the French presidential election moves into its final stages, the French people are now reflecting on the nature of Nicolas Sarkozy’s presidency. Known by the French themselves as Sarko the American, what many do not know is that Sarkozy’s family ties lead directly into the heart of the American political establishment. Find out more in this week’s GRTV Backgrounder on Global Research TV.

Tags: Carlyle Group, CFR, CIA, Dominique Strauss-Kahn, Economy, EU, Europe, France, Global News, Government, New World Order, Nicolas Sarkozy, Politics, Society, U.S.

- Strauss-Kahn questioned in prostitution case (Wall Street Journal, Feb. 22, 2012):

PARIS — Former International Monetary Fund chief Dominique Strauss-Kahn was being held for questioning Tuesday by French police investigating a suspected hotel prostitution ring.

Strauss-Kahn, a one-time French presidential hopeful whose chances were derailed by a sexual assault accusation, arrived at the police station in the northern city of Lille for a pre-arranged morning appointment and was still there in the late afternoon.

Police are probing a suspected prostitution ring in France and neighboring Belgium that has implicated police and other officials. They have questioned prostitutes who said they had sex with Strauss-Kahn during 2010 and 2011 at a luxury hotel in Paris, a restaurant in the French capital and also in Washington, D.C.

French law permits police to question Strauss-Kahn for 48 hours, and then for another 48 hours with a judge’s approval.

Strauss-Kahn lived in the U.S. capital while he was head of the IMF before resigning his position in May after he was charged by New York police with making a hotel maid perform oral sex. The charges were later dropped.

Two men with ties to Strauss-Kahn have been put under preliminary investigation in France on charges including organizing a prostitution ring and misuse of corporate funds.

Strauss-Kahn’s name surfaced in the investigation last fall and his lawyer has asked that Strauss-Kahn be allowed to tell his side of the story. One of Strauss-Kahn’s lawyers has said that the former French presidential hopeful never knew that the women at orgies he attended were prostitutes.

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Tags: Belgium, Crime, Dominique Strauss-Kahn, France, Global News, Police, Sex, Society

French socialist’s career in question following dramatic arrest at JFK airport and furore over lifestyle

Dominique Strauss-Kahn was taken off an Air France flight at JFK airport, having been accused of a sex attack on a hotel maid. Photograph: Larry Downing/Reuters

Dominique Strauss-Kahn, the head of the International Monetary Fund and the man French Socialists hope will be the next occupant of the Elysée Palace, was arrested at JFK airport in New York on Saturday afternoon accused of a sex attack on a Times Square hotel maid earlier in the day.

He was taken off an Air France flight by officers from the Port Authority of New York and turned over to Manhattan police, according to a spokesman from the agency. Plainclothes officers boarded the flight at 4.45pm, moments before take-off, and took the 62-year-old out of the first-class cabin and into custody. He had been due to meet German chancellor Angela Merkel on Sunday.

“It was 10 minutes before its scheduled departure,” said John Kelly, a Port Authority spokesman.

Port Authority officers were acting on information from the New York Police Department, whose detectives had been investigating a brutal alleged attack on a woman employee at the Sofitel New York on West 44th Street in the heart of the city’s theatre district.

The 32-year-old woman told police that she entered Strauss-Kahn’s room at about 1pm on Saturday and he emerged from the bedroom naked, threw her down and tried to sexually assault her, NYPD spokesman Paul Browne said. She broke free and escaped the room and told hotel staff what had happened who called the police.

When New York City police detectives arrived moments later, Strauss-Kahn had already left the hotel, leaving behind his mobile phone and other personal items. “It looked like he got out of there in a hurry,” Browne added.

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Tags: Crime, Dominique Strauss-Kahn, IMF, Sex

LONDON (Reuters) – World Bank chief Robert Zoellick urged big economies on Friday to modernise the global monetary system to be able to handle multiple major currencies.

In a guest column for the Financial Times, Zoellick said China’s yuan should be given a bigger role within a restructured system, echoing remarks made last week by the head of the International Monetary Fund, Dominique Strauss-Kahn.

Many officials support the idea in principle of the yuan becoming part of the Special Drawing Rights (SDR), a basket of currencies administered by the IMF, but say that is unlikely to happen unless it becomes fully convertible.

“The U.S. dollar will remain the predominant reserve currency (ROFL!), but over time the world economy will need to manage a system of multiple major currencies,” Zoellick wrote ahead of Friday’s meeting in Paris of finance chiefs from the Group of 20 rich and developing nations.

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Tags: Dollar, Dominique Strauss-Kahn, Economy, Global News, IMF, Robert Zoellick, World Bank

European leaders meet in Brussels today amid growing fears that Spain, Europe’s fifth-largest economy, is preparing to ask for a bailout which would dwarf the €110bn (£90bn) rescue plan for Greece.

The Spanish government yesterday dismissed reports that it was already in discussions with the European Commission, International Monetary Fund and the US Treasury for a rescue package worth up to €250bn.

Officials in Madrid, Brussels and Paris were forced to deny that a Spanish bailout – which would take the European debt and euro crisis into a potentially dangerous new phase – was on the Brussels summit agenda.

“Spain is a country that is solvent, solid and strong, with international credibility,” said its Prime Minister, Jose Luis Rodriguez Zapatero. The European Commission spokesman said: “I can firmly deny [that a Spanish rescue is under discussion]. I can say that that story is rubbish.” (Sure!)

Brussels diplomats have been at pains to send out feel-good signals ahead of a summit in which Europe’s leaders are supposed to take the first steps towards more disciplined and co-ordinated, control of national finances. Those reforms are meant to restore confidence in the euro and underpin the €750m EU and IMF safety-net, created last month for euroland countries that lose the confidence of the financial markets.

However, it is proving hard to shake off persistent market fears about Spain, which, if it needed a lifeline, would swallow up a large part of the emergency fund. Worryingly for the EU, the doubts about Spain – whether real or driven by speculation – are eerily similar to the gradual seeping away of confidence that sent Greece into a financial death spiral in March and April. The Spanish government’s cost of borrowing hit a new record yesterday. The interest rate gap, or spread, between 10-year Spanish bonds and their German equivalents, rose by more than 0.10 of a point to 2.23 percentage points.

A senior Spanish banker, Francisco Gonzalez, chairman of the BBVA financial services group, confirmed that foreign private banks were now refusing to provide liquidity to their Spanish counterparts. “Financial markets have withdrawn their confidence in our country,” he said. “For most Spanish companies and entities, international capital markets are closed.”

As a result, the European Central Bank is said to have provided record amounts of liquidity to Spanish banks in recent days. The closure of bank-to-bank credit to Spanish institutions recalls to some market commentators the ripple of crisis through the global financial system after the fall of Lehman Brothers in the Autumn of 2008. Continue reading »

Tags: Bailout, Banking, Debt, Dominique Strauss-Kahn, ECB, Economy, EU, Europe, Global News, Government, Greece, IMF, José Luis Rodríguez Zapatero, Politics, Spain

IMF’s Strauss-Kahn suggests IMF may one day provide global reserve asset

Dominique Strauss-Kahn

Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.

“That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now,” he said in a speech on the future mandate of the 186-nation Washington-based lending organization.

Strauss-Kahn said such an asset could be similar to but distinctly different from the IMF’s special drawing rights, or SDRs, the accounting unit that countries use to hold funds within the IMF. It is based on a basket of major currencies. Continue reading »

Tags: Dollar, Dominique Strauss-Kahn, Economy, IMF, Politics

Dominique Strauss-Kahn

The public will not bail out the financial services sector for a second time if another global crisis blows up in four or five years time, the managing-director of the International Monetary Fund warned this morning.

Dominique Strauss-Kahn told the CBI annual conference of business leaders that another huge call on public finances by the financial services sector would not be tolerated by the “man in the street” and could even threaten democracy.

“Most advanced economies will not accept any more [bailouts]…The political reaction will be very strong, putting some democracies at risk,” he told delegates.

“I do believe that the financial sector needs to contribute both to the costs of the financial crisis and to reduce recourse to public funds in the future,” he said.

Mr Strauss-Kahn said that imposing high capital ratio requirements on banks was one price the financial services sector must pay to prevent the threat of further multi-billion dollar bailouts.

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Tags: Bailout, Dominique Strauss-Kahn, Economy, Financial Crisis, IMF, Politics

IMF chief sees basket currency eventually displacing dollar

BEIJING — The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday.

Dominique Strauss-Kahn, the managing director of the International Monetary Fund, restated his view that a new global currency might evolve out of the Special Drawing Right, the Fund’s in-house unit of account.

“That probably has to be a basket,” Strauss-Kahn said of the eventual replacement for the dollar. “In a globalised world there is no domestic solution,” he told a forum.

Speaking later at a news conference, Strauss-Kahn reiterated the message that has been a constant refrain during his visit — that China needs a stronger yuan as part of a package of policies to help rebalance its economy by promoting domestic demand.

“For us, because it just is consistent with the new economic policy in China, the sooner the better. How fast? It will take time. It is not something which will change in one step overnight,” Strauss-Kahn said.

China has kept the yuan, also known as the renminbi (RMB), pegged around 6.83 per dollar since July 2008, following a 21% rise over the previous three years, to help its exporters weather the global economic crisis.

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Tags: China, Dollar, Dominique Strauss-Kahn, Economy, IMF, Politics, U.S., Yuan

This is not done to help poor countries.

Now the elite, that has created the crisis, can buy more ‘cheap’ gold.

Gordon Brown again!

- Gordon Brown’s decision to sell half of the UK’s gold reserves ‘cost UK £5billion’

People will say Gordon Brown is just a terrible investor/market timer, but he is an elite puppet like Obama, Bush, Blair etc. working to establish the ‘New World Order’.

Related information:
- 19 Jan 2007: Brown wants a ‘new world order’ (BBC NEWS)
- 18 Mai 2007: Gordon Brown New World Order Speech (YouTube) (!)
- Jan 22, 2008: Brown’s secret talks on ‘new world order’ (NZ Herald)
- Jan. 26, 2009: Gordon Brown sees ‘New World Order’ after crisis (AFP)

IMF approves $13bn gold sale to aid poor states

The International Monetary Fund has approved a sale of 403 metric tonnes of gold reserves, in a move likely to raise $13bn (£8bn) of cash to replenish its coffers for lending to low-income countries hit by the global economic downturn.

The sale amounts to roughly an eighth of the institution’s stockpile of the precious metal and comes as gold prices hit record highs, boosted by investors seeking safety away from volatile stock markets.

Dominque Strauss-Kahn, the IMF’s managing director, said sales would be conducted in a “responsible and transparent manner that avoids disruption to the gold market”. Speaking after a meeting of the IMF’s executive committee, he said the initiative would “put the financing of the IMF on a sound long-term footing and enable us to step up much needed concessional lending to the poorest countries”.

Among those pushing for the IMF to raise funds was Gordon Brown, who urged his counterparts to agree a sale at a meeting of G20 countries in London in April.

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Tags: Dominique Strauss-Kahn, Economy, G20, Global News, Gold, Gordon Brown, IMF, Politics

A “second wave” of countries will fall victim to the economic crisis and face being bailed out by the International Monetary Fund, its chief warned at the G7 summit in Rome.

Dominique Strauss-Kahn’s warning comes amid growing concern that at some point in the next year a major economy could have to seek support from the Fund. Mr Strauss-Kahn, who was yesterday attending the Group of Seven leading finance ministers’ meeting in Rome, said: “I expect a second wave of countries to come knocking.”

Related article:
IMF Says Advanced Economies Already in Depression (Bloomberg)

The IMF managing director also said the rich world was now in the midst of a “deep recession”. It came as the G7 pledged to avoid slipping into protectionism and repeating the same political and economic mistakes as were made in the 1930s. Ministers also pledged to do more to support their banking systems, sparking speculation that a number of countries, including Germany and France, will unveil new bail-outs and possibly set up “bad banks” as they scramble to fight the crisis.

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Tags: Dominique Strauss-Kahn, Economy, G7, IMF, Politics