Neo-con Twats
When will the IMF fuck off and die in a fiery, bloody pit of horror and pain? They have come out saying that Australia needs, as a matter of urgency apparently, to drastically increase the retirement age and hack back universal healthcare provisions and other welfare entitlements. This is the only way we are going to emerge from the Global Financial Crisis.
Apparently, the fact that the Government is actually doing what it has a responsibility to do (that is, you know, actually govern and provide the services which taxpayers want and expect) is putting our economy in peril. And here's me thinking it was because of the greed of deregulated international banks and lending agencies and governments obsessed with lopping off their core regulatory responsibilities in favour of a quick buck. As advocated by the IMF. Silly me.
It is at times of major financial stress that citizens rely on their governments to provide stability and chart a course out of the uncertainty. The IMF proposes governments cast off all responsibility and leave it to the markets to fix the problems. Which the markets themselves caused. Does anyone else see the problem with this picture?
Only unified action by world governments to rein in corporate irresponsibility, to control the risky lending practices and outrageous salary packages of executives, and to boost domestic spending capacity through well-targetted relief packages and infrastructure spending can this crisis be averted. Not by dismembering the core functions of government and outsourcing the welfare of the population to private industry.
One quote, contained in the IMF's own statement, is particularly chilling. "Times of crisis have in the past provided opportunities for enacting unpopular reforms" - translation: Ram through legislation that is just plain wrong and against the interests of the citizenry while they are more concerned with hanging onto their jobs and keeping their households afloat.
This sort of thinking got us into this mess. It has proven to be a complete failure. It cannot save us from it.




