How Those in 'The Swamp' are Behind the Break-up of Europe, and Rise of Extremism and Violence in its Borders

In my last blog, Open Letter to Special 'Ethics' Investigator at the IMF Sabina Blaskovic – Part 5, I demonstrate that if the IMF had been fulfilling its mandate, instead of being used by its majority stake-holder, the American government, to perpetuate and export the ‘Fracture Fairytale of the American Dream,’ since the ‘80s, if not since the ‘70s, then Bretton Woods II, of New America, would not be required—reminding everyone that the operating budget of New America is $25 million—on top of the operating budget of the IMF of ~$1 billion. However, since the Democratic party, and political leaders in Washington and elsewhere have not effectively challenged the dysfunctional political platform created under the Reagan Administration—which was a backlash to the civil rights movement of the ‘60s and ‘70s—not only are NGOs, large and small, in Washington, spinning their wheels on empty rhetoric, but they are contributing to the problems they contend they are “fixing”—in gross violations of their mandates, and raison d’etre. As seen in my report FfD: A Midsummer Night’s Dream the $25 trillion of investment monies which are destined towards “social impact, sustainability, and good governance” is being injected into banking systems and financial markets which are making economies more unstable than before. There are no “gaps of knowledge” as everyone in the development field contends—only “gaps of cognitive reasoning” amongst all the “experts.”

One of my “favorite” new-fangled investment “tools” and cheer-leading efforts of the development community and their ‘magic wand’ “techy liberalism” of the past decade is crowd-funding. When I first heard about this investment ‘tool,’ I of course investigated the up-side as well as the down-side before getting involved. I spoke with one of the original crowd-funders, Phillip Caldwell—who explained the “in-n-outs” of the ‘tool.’ Basically, crowd-funding is good as a promotional tool for a “cool” manufactured product, or for celebrities promoting the next greatest “hit.” It has been used in the film industry with much success, particularly for “stars” who have large followings, and audiences. However, for the masses, who are looking to raise funding for their projects, this tool is more counter-productive than anything else. It is a good promotional tool—and I have tons of ideas of how it could be used for Global Expats, once it is up and running—and several other “cool” products, if everyone in Washington, and the development community would stop trying to silence and destroy me. However, to build any project of substantial size, crowd-funding is more likely than not to spin the wheels of those seeking funding, and line the pockets of the various crowd-funding platforms like Indiegogo.com.

For anyone looking for REAL money, and to build large, socially progressive, and sustainable projects; the ‘tools’ the development community are promoting are a waste of time, just like all of the initiatives of governments commerce departments—and assistance for companies founded by women. One of my favorite ‘tristes’ within my saga at present is that the current Honorary Chair of the IMF Family Association (IMFFA) is the partner of Christine Lagarde, Xavier Giocanti who was the Director of the Institute of World Business Law of the International Chamber of Commerce International (ICC) from 1980 to 1985, and Director of the Center for the Promotion of Employment for Micro-Enterprises (CPEM) from 2003 to 2005, and President of the Association of Entrepreneurs in the Free Zone cité phocéenne (EZF 13). He is also the co-founder of real estate construction company, Résiliance, which concentrates in real estate development in Northern Marseille—the poorest and most dangerous neighborhoods of Marseille. 

One of the biggest problem within the “investment” arena—for those looking for funding—is that distribution channels are concentrated in the hands of a very few “grey-haired” ol’ men, with the occasional “orange-haired” and “dumb-blond” joining the Masonic “clique” in the past few decades. Donald Trump is the typical “bankruptcy building businessman” that has been in “The Game” of the money and investment flow for decades. As within the domestic violence arena, women’s rights arena, human rights arena, and more recently international macro-economics, I “did my homework” in seeking funding, and partners, for Global Expats. I had already done the market research in 2005-06, and as I predicted then, local-search directories, as well as networking platforms on the Internet were proving to be the most successful business models, so putting the Business Plan together was just a matter of finding a template format. Since 2010, I have been looking not only for partners for Global Expats, but also funding amongst CVs and Entrepreneurs throughout the USA, Spain, and France. One of the problems in finding funding, apart from being a woman, is that no one does comprehensive market research in examining investment decisions—and why their failure rates are at 70-90%.

One of the most reprehensible ‘window-dressing’ efforts within the global mobility industry is the Federation of American Women’s Clubs Overseas (FAWCO), along with Paula Lucas of American Overseas Domestic Violence Crisis Center (AODVCC) and Joan Meier of George Washington University’s DV LEAP, and their “smoke-screen” lobbying efforts on Capitol Hill—with Congresswoman Carolyn Maloney, and the Americans Abroad Caucus, providing the award ceremonies, and dress-up parties so that everyone can pat themselves on the back for their cover-up of rampant court corruption, and a psychopathic legal profession that are milking citizenry of their hard-earned money. What the banks don’t scam people out of, the lawyers finish the job with false and illegal litigation. Joan Meier has the “smoking-gun” case she wants for the Supreme Court—as do hundreds of thousands of lawyers, and thousands of NGOs across the globe. However, since the cases would entail exposing the DISGUSTING GREED AND CRIMINALITY of about 70% of the legal profession, none of the lawyers will take the cases to the courts. The IMFFA and World Bank Family Network (WBFN) with their ‘window-dressing’ domestic violence are implicated in the same cover-ups as FAWCO and AODVCC—and instead of awards these organizations need to be investigated for their complicity to all the criminality in the courts.

Not only do we need jurisprudence from lawyers in promoting the rights of citizens in societies around the world—as lawyer and FoxNews analyst, Wendy Murphy often points out. But, also we need lawyers who are willing to AGGRESSIVELY denounce other lawyers criminal actions (perjury and falsification of court documents—something which is NOT “normal”), as well as sue them in civil court for legal malpractice. Since, none of the lawyers, and even less the NGOs who should be regulating them, are doing THEIR JOBS, I can only continue to document the ongoing criminal acts of EVERYONE in “The Swamp” until their House of Cards collapses, and angry mobs are descending upon Washington and Wall Street, blood-thirsty for revenge. Unfortunately, as is always the case in history, the protected elite, minority will exploit and oppress the majority until the pressure-cooker explodes, and the tables are turned.

When David Lipton, Deputy Managing Director of the IMF said in the IMF/WB Spring Meeting 2016 the “corruption” is not everywhere, I thought “OMG, this man is so in DENIAL it is not even funny!!! He is literally drowning in a cess-pool of corruption, but claims it’s not everywhere!!—and this guy is 2nd in charge at the IMF?!?”

And, herein lies the crux of the problem with “The Swamp.” It is ONLY the “stupid, trophy-wife” (and high-school diploma, Michael Moore) who are able to SEE the BIG PICTURE that millions of PhDs and MBAs in Washington cannot. The hundreds of billions of dollars being spent on six-figure salaries to pay people in “The Swamp” to “think”—about the lies, mis-information and propaganda that all the “experts” who are also being paid hundreds of billions of dollars to produce—is disgusting and highly immoral. The development community needs to take a serious look at what they are doing—and with something more than window-dressing Results-Based Management (RBM) initiatives. There is NO one who is more qualified for the position of RBM Project Officer in the Strategy and Evaluation in the IMF’s Institute for Capacity Development (ICDSE), for the simple fact that NO ONE in Washington, or elsewhere, understands not only the IMF’s work under human rights standards, as well as every other facet of life, in private and public arena. Yet, in the Alice in Wonderland world of the IMF’s HR department, which has been protecting the bullies and back-stabbers within the Fund for decades (even supplying staffers with contractual and temps as “fresh bait” for their manipulations and game-playing),it is the only one who has a “clue” who is blacklisted from employment in the Fund, because I have dared to stand up for my rights.

The ostrich-playing of economists in the IMF’s ICDSE division, Committee for Capacity Development (CCB), on top of the game-playing by personnel in the ICD and IMF HR departments, are perfect examples of why organizations such as the IMF are failing to fulfill their mandate—promote stable economies. On top of six-figure salaries for thousands of economists and policy-makers, the IMF spends untold millions on “retreats,” “workshops,” and other 'Cumbia' efforts in team-building, information-sharing, “thinking outside the box,” and “ethics” training—expenses they would not need to incur if IMF HR personnel were not promoting bullying, intellectual property theft, and criminal negligence by their ostrich-playing, laisse faire management styles.

As explained in the movie “The Big Short,” banking systems are riffed with unbridled greed, fraud, and stupidity—with Dr. Michael Burry, who successfully predicted the crash, being investigated by the FBI and audited by the IRS, when he contacted the American government offering to explain what the problems in the banking systems were. No one in the American government was interested in finding out what happened, only in silencing and oppressing him. None of the bankers, and lawyers, responsible for a totally corrupt, and predatory banking systems were held accountable in 2008 (or in the ‘90s, or ‘80s); and are in fact the same ‘players,’ that have been promoting the same ‘Game’ for decades—and centuries.

As stated, one of the major problems within the investment community, is that distribution chains of development monies are controlled by a few wealthy investors, who are producing failure rates of 70-90% as well as a poor allocation of resources—with Donald Trump a perfect example. As seen in my case study of Turkey in my latest blogs. A decade ago, Turkey’s economic future looked bright, and was even on its way to becoming a member of the European Union. However, since then its future has become as dark as the future of the EU—due to poor resource allocation of investors, quoting from the IMF report, Staff Report for the 2010 Article IV Consultation and Post-Program Monitoring,

Prepared by Staff Representatives for the 2010 Consultation with Turkey

Approved by Ajai Chopra and Aasim Husain

July 13, 2010

EXECUTIVE SUMMARY

Past surveillance: During the 2007 Article IV consultation, Directors praised Turkey’s progress with reducing imbalances inherited from the 2001 crisis, and urged further efforts to lower public debt and inflation. To achieve this, the authorities maintained a tight monetary stance and high fiscal primary surpluses, but these deteriorated on a cyclically-adjusted basis. As recommended by Directors, a fiscal rule will soon be introduced. However, more effort is needed to remove impediments to employment creation and labor productivity. The authorities have increased gradually the level of international reserves, as supported by Directors.

Context: Earlier strong reforms and solid macro policies supported resilient bank and household balance sheets and made room for decisive policy easing during the crisis. A domestic demand-led rebound is now underway, underpinned by credit growth, and bringing a surging current account deficit and higher inflation, while unemployment remains elevated.

Challenges: Growth is biased toward imports and reliant on foreign saving, reflecting the existence of a competitiveness gap. With low reserve cover and deteriorating quality of external financing, output volatility could increase amid the more unsettled global situation. Persistent inflation differentials could further widen the current account deficit.

Policies and staff views: Rebalancing growth requires domestic demand restraint and decisive structural reforms to lower import dependence….

. Relaxed financial sector regulations are still required to encourage rollover of existing loans, and possible risks from banking sector concentration should be addressed. Sustained rapid GDP growth and better training are key to lowering unemployment.

Turkey - Second Post-Program Monitoring Discussions, Preliminary Conclusions

December 17, 2010

Macroprudential policy

9. Financial sector regulation and supervision should continue to focus on limiting the buildup of risks to systemic financial stability and macroeconomic sustainability. Systemic risk in the financial sector generally arises when the incentives faced by many market participants are aligned, but each one individually ignores the effect of its actions on the entire economy. Systemic risk may be detected in a less timely manner if supervision is focused on individual financial institutions’ health. Further exploiting synergies between supervision and monetary policy would enhance the efficiency of macroprudential oversight and the effectiveness of the policy response.

10. Macroprudential measures should target risk at its source, typically where financial activity is most intense. Crisis-era relaxation of regulations for restructuring loans and general provisioning is no longer necessary and should be withdrawn in full. Moreover, regulatory standards and guidelines should be tightened. In the context of dynamic housing construction, rapid growth of housing loans (including withdrawal of equity), and credit concentration to both developers and end-buyers for the same property pose risks if unchecked. We welcome the BRSA’s decision to establish legal ceilings on loan-to-value for residential and all other real estate loans no higher than required for securitized mortgages. In addition, raising the Resource Utilization Support Fund levy on new housing credits to the level applicable to other loans, and eliminating preferential tax treatment of real estate investment companies would help. To build countercyclical buffers and prevent the accumulation of systemic risk through rapid growth of general-purpose loans and foreign-currency lending to unhedged borrowers, general provisioning requirements on these loans should be raised above the pre-crisis level.

Ever since my migration to Europe in the late ‘80s—fleeing the craziness of Washington and the USA under the Reagan Administration, I have been a strong proponent to a strong unified Europe. And, as a consumer, who was constantly crossing borders in Europe, the introduction of the Euro was a welcomed event—and simplified life of consumers considerably. Its inception also help enormously in encouraging income equality between the Northern and Southern Europe. It is with great dismay that I witness the break-up of Europe, and perhaps its demise.