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Day of Reckoning

Day of Reckoning

State of Emergency

State of Emergency
October 13th, 1997

Bailouts Without End

by Patrick J. Buchanan – October 13, 1997

The IMF has become the 911 number immediately
called in times of trouble by such champions of free
markets as Citicorp and Goldman, Sachs. With all that
IMF money, the Thailands and Mexicos are spared the
consequences of their fiscal incompetence, and Wall
Street’s heavy hitters are spared the consequences of
their stupid investments. The global economy is a
rigged game, rigged so Third World politicians, rich
investors and global corporations win — and U.S.
taxpayers and workers lose…