Political: Your money

[Wally]

IMF says Brexit 'pretty bad to very, very bad' → http://www.bbc.co.uk/news/business-36284200

[Harold Gough]

Re: Political: Your money

The lady is no laggard!

It could be that her salary is net of tax paid by the employer. I came across this in the 1960s or 1970s with the the CEO of ICI.

Harold

[Wally]

Re: Political: Your money

@ Harold: It seems you were not far off the money.

"Diplomatic Immunity"her diplomatic status.

[Harold Gough]

Re: Political: Your money

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Which inflation? The highest of the 28 countries?

Entertainment? She should sing for her supper!

Harold

[Wally]

Re: Political: Your money

Curiousity got the better of me and I stumbled across this whilst wearing my Sherlock Holmes hat:

"Most resources for IMF loans are provided by member countries, primarily through their payment of quotas. Borrowing provides a temporary supplement to quota resources and has played a critical role in enabling the Fund to meet members’ needs for financial support during the global economic crisis. Concessional lending and debt relief for low-income countries are financed through separate contribution-based trust funds."

Maybe I'm thick - OK! No maybe about it, but I fail to understand why any monetary fund which is funded via a quota system by member countries has diplomatic status for a member(s) of its senior staff, in this case, namely Mrs Lasarde which allows no tax to be paid on all salary monies earned plus some rather generous allowances / perks?

Given that 1/2 the world is in recession and suffering financially through austerity measures where does one get the gall to preach to others that the rich etc., should pay tax whilst luxuriating in the fact that one is exempt?

If POTUS has to pay tax - presuming he has diplomatic status - then why not Christine Lasarde?

AH! Silly me. If anyone upsets her 'status quo' she has the power to shut down the loan. In essence, yet another case of "do as I say not as I do."

Reading further into it she pulled the plug on one of the EU wanna be's - Ukraine - until the pips squeaked and lthey were left with no options but to accept. The fall out of this is that many in Greece now refuse to pay tax as they believe they are being screwed over / bullied by the IMF.

Now I'm left wondering if this is why DC & GO are so keen to stay in the EU? As our borrowing has hit an all time high, has CL squeezed their pips as all the 'tough talk' by DC come to nought.

[Howi]

Re: Political: Your money

Out! Out! Out!
The only way to go.
Let's prove them all wrong.

[Jim Ford]

Re: Political: Your money

Entertainment? She should sing for her supper!

She could synchronise swim for her supper (she won medals in her youth)!

Jim

[Jim Ford]

Re: Political: Your money

Out! Out! Out!
The only way to go.
Let's prove them all wrong.

I voted 'no'in the 70s referendum, but fear that with the dire economic state of our economy, we're going to need the support of the EU in the near future.

I now realise that the sickly grin Gidiot Osborne frequently shows is from fear because he can't control the continuing downward spiral our economy is in.

Jim

[Harold Gough]

Re: Political: Your money

I voted 'no'in the 70s referendum, but fear that with the dire economic state of our economy, we're going to need the support of the EU in the near future.

Jim

So, when the French economy implodes, because their dept problem puts The Greeks' into the shade, you want to be asked to help out (all opt-outs having mysteriously disappeared)?

The EU project is a disaster and we need to be well clear of it when it falls apart, as it certainly will.

Harold

[Imageryone]

[Wally]

Re: Political: Your money

I'm of the opinion that much of this talk about Brexit being bad is that it will be bad for us and probaby, very much worse for those who remain. I also think that if we do come out, it will cause others to fall over like domioes. Maybe the guy with the Sandwhich board with 'The world ends... ' might be more prophetic than we think?

When I hear and see those advocating 'Remain,' I get the impression an Out vote will blow up in their faces as it will have proved their advice to join the 'EU' was flawed from the begining.

The original Common Market deal made sense for all. The EU, the way it has morphed, basically suits one country over all the others. What coudn't be acheived by guns has worked with creative accounting.

I also suspect that the land grabbing - Germany, because of decades of falling birth rates needs more hands to man the pumps - of Eastern European countries has caused the Red corner to get a wee bit 'upset' with the Blue corner. So Putin is putin' up the ante.

Just a matter of time before the Cold War, like much of history, repeats itself. When it does, it usually workes out much, much more expensive.

[Harold Gough]

Re: Political: Your money

In view of "Your money" of the title:

It is many years ago now that both Germany and France were due to pay massive fines for national financial irregularities under EU rules. They chose not to pay. So rules are for the other 26! The whole thing is corrupt.

Harold

[Jim Ford]

Re: Political: Your money

So, when the French economy implodes

The French economy is unlikely to implode before ours, seeing as they own most of out utilities.

Jim

[Harold Gough]

Re: Political: Your money

The French economy is unlikely to implode before ours, seeing as they own most of out utilities.

Jim

But purchased with whose money?

Harold

[PeterBirder]